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Home»Cryptonews»Master the Trade with PrimeXBT’s Professional Trading Tools
Cryptonews

Master the Trade with PrimeXBT’s Professional Trading Tools

By 07/25/2022No Comments4 Mins Read
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Trading platforms typically provide the bare essentials for traders, such as stop loss protection and basic buy and sell orders. But a rare margin trading platform seeks to help its users become a master of the trade.

From top-notch professional tools to an educational trading academy, weekly competitions, and more, here is everything you need to know about PrimeXBT.

Trading is Tough, Make It Easier With PrimeXBT Weaponry

If trading were easy, everyone would be doing it and be wealthy beyond their wildest dreams or imagination. But it isn’t simple; it takes hard work, years of dedication, and constant market analysis, and even the best traders still book losses a large portion of the time.

This is why the stop loss order exists — which is usually the only tool a trader gets on your average run-of-the-mill crypto exchange. With PrimeXBT, traders get long and short positions on leverage, orders that trigger at take profit levels, and built-in technical analysis software. With a whole arsenal at your disposal, traders can gain a competitive edge like never before possible. 

Learn and Master the Craft of the Trade

PrimeXBT is committed to its community. Not only do traders get access to all the tools above, but if they aren’t sure how to put them to good use, there is also the PrimeXBT trading Academy as a starting point. The educational website is a massive library of trading tips, strategies, tutorials, and guides meant for everyone, from novices to pros. Education never ends, and the best investment you can make is yourself.

After gaining a proper education, you can put the profit-generating strategies to the test in weekly trading competitions using risk-free virtual funds. The PrimeXBT Contests module introduces traders to a no-risk simulated market environment where they can compete for a chance to win exclusive crypto prizes. The arena also serves as a way to backtest trading strategies before attempting to execute them in the real world.

Popular Assets and Powerful Portfolio Customizations 

The mastery doesn’t end there. PrimeXBT gives traders complete control over their portfolio thanks to a massive list of hot and trending trading instruments. Under one roof, the award-winning margin trading platform provides exposure to gold, oil, forex currencies, stock indices, crypto, and much more.

In addition to going long or short, both order types can be open simultaneously to create hedge positions within a portfolio. Access to a wide range of uncorrelated assets can help traders brace for a recession, fight inflation, and prepare for when markets turn bullish again. The flexibility alone is unmatched by any competitor in the crypto space.

Covesting Champions Become Trading Legends

For traders who have achieved undeniable market mastery, there is a final step they can take to prove to the world they are the best of the best. With the Covesting copy trading module, skilled traders can become strategy managers and have their performance tracked within the fully transparent global leaderboard.

Strategy managers must rank highly and unlock stars to show their worth and lure potential followers vying to copy their trades. Top traders with large followings can generate new revenue streams otherwise impossible without the innovative technology behind the Covesting ecosystem of products and services. Other products and services include Covesting yield accounts and the COV token — the native crypto token to the Covesting ecosystem.

Mobile Mastery Over Markets in Your Pocket

Even the PrimeXBT mobile app lets you maintain your master status while on the go and from anywhere in the world. The app is a free download offered through the Google Play Store for Android or the Apple App Store for iPhone and iPad. The full suite of trading tools is now at the tip of your fingers, just a swipe and a tap away.

The native mobile app receives constant updates, with the ability to buy or exchange crypto going live recently and share winning — and losing — trades online. They also updated the withdrawal process to make it more streamlined and clear about what crypto address you are about to send funds to. Accounts are entirely secure, and a proprietary cold storage process protects funds. 

Master the Trade With the Award-winning PrimeXBT

If you are looking to become a master of your craft and gain control over the market, PrimeXBT is the best platform to make it happen. There are more than 100 trading instruments all under one roof.

With a full suite of professional trading tools, innovative crypto-based products and services, a rapidly growing community, and a commitment to trading education, all traders are welcome to register and become the best trader they can be.

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