PrimeXBT: A bitcoin-based margin trading platform with a lot to offer (2022 review)

PrimeXBT is a Bitcoin-based multi-asset margin trading platform that, while built on the foundations of the traditional market, is geared towards diversifying advanced trading tools, instruments and products.

The platform allows its users to operate with more than 50 trading pairs, with leverages that can reach 100x in Cryptocurrencies and up to 1000x in other trading instruments, 24 hours a day.

This large number of trading instruments, as well as its high leverage, makes it stand out from many similar platforms with more time in the market such as Binance or Bitmex.

It is important to note that, when choosing a trading platform like this, there are many variables that we must take into account, since not only the variety or quantity of products and instruments guarantee their quality and effectiveness.

Next, we will review this platform and discuss the advantages and disadvantages of trading with it.

PrimeXBT Overview

PrimeXBT is a margin trading and trading platform, founded in 2018 in the Seychelles Islands, which also has offices in Saint Vincent and the Grenadines and Switzerland. It enables its users to trade with leverage in Bitcoin, other cryptocurrencies, and a wide variety of traditional financial instruments ranging from currency markets to precious metals.

In addition, it offers its users other elements including its friendly interface, a simple registration process (not KYC) that only requires an email, multiple languages ​​(including Spanish), high levels of security, very low commissions and a great liquidity.

Recently PrimeXBT was voted the best Bitcoin margin trading platform in the ADVFN International Financial Awards 2020, it was also awarded as the best cryptocurrency trading application and the best Forex and Cryptocurrency broker.

Trading tools

PrimeXBT has a set of trading tools and features that make it a high-level and competitive option, supported by elements such as …

Cash Loan – Is it Possible to Borrow Money and Buy a New Car?

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History of Bitcoin: A Brief Overview

Have you ever turned on the news and heard about the cryptocurrency phenomena? You may be asking yourself what is/are cryptocurrencies and how is one able to buy them? Are they protected and where did they come from? With all the news about cryptocurrencies such as Bitcoin lately, it is important to look back on the history of Bitcoin to fully understand why it has been such a hot topic.

History of Bitcoin: A Brief Overview

Before you go online and determine how to buy bitcoin, it is important to realize and study up on the history of bitcoin and how exactly it got started. Cryptocurrencies have been around longer than Bitcoin has been around, however, Bitcoin has been the leading cryptocurrency that has taken the mantle as the face of cryptocurrencies. There were names such as ecash and bit gold available that had working algorithms that are similar to what Bitcoin and other cryptocurrencies are now. The first sign that Bitcoin was coming into existence was the registration of the domain bitcoin.org in August of 2008. Going forward a few months, Satoshi Nakamoto published a paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System which included details of how to create transactions online without having to worry about trusting the other user. This paper was released on October 31st, 2008. Later on, in January 2009, the first ever transaction of bitcoin occurred between Satoshi Nakamoto and Hal Finney, a programmer. Early on the price and value of bitcoin was highly debated upon. Until 2010 bitcoin was only mined and was never really traded. However, in 2010 there was a brave soul who decided to sell off 10,000 bitcoins in order to receive two pizzas.

As time progressed and bitcoin was becoming more of a household name, other cryptocurrencies began to emerge in order to create …

The Tougher World’s Largest Economies

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