A wider variety of different trading instruments and products comprise the cryptocurrency market than ever before, with a huge increase in the number of new ways to trade cryptocurrency coming onto the market each day.
Over the past years, PrimeXBT has built a reputation for being a leader within the next generation of cryptocurrency trading platforms, bringing a wide array of unique tools and features to the market.
PrimeXBT has now announced the launch of a new platform, PrimeXBT Turbo, that allows traders to generate profits faster than ever before with the ability to almost double an investment in under 1 minute.
What is PrimeXBT Turbo?
PrimeXBT Turbo is a new Bitcoin-settled synthetic contracts platform that is unique in the cryptocurrency market and allows traders to generate up to 90% gains in 30 seconds.
Bitcoin-settled synthetic contracts are financial trading instruments that simplify the process of profiting from global market by allowing traders to designate whether the price of an asset will rise or fall within a set amount of time, and then automatically collecting their earnings if the prediction is correct.
Turbo is a unique platform within the cryptocurrency market, being the first and only place to trade Bitcoin-settled synthetic contracts today.
The PrimeXBT Turbo platform is being rolled out in phases, and is a part of a long line of added features and functionality that have given PrimeXBT the reputation for being an innovation-leader within the cryptocurrency space.
The Newest in a Long Line of Upgrades
PrimeXBT has grown over the past 2 years to become the world’s largest multi-asset margin trading platform, and to manage up to $2 billion in trade volume each day.
A range of factors have led to PrimeXBT dominating the market in this time, such as providing the lowest fees of any major trading platform at a flat rate of 0.05%, providing a bridge between cryptoasset and traditional financial markets around the world, as well as possibly the most impactful factor being the platform’s continual release of unique and powerful features.
PrimeXBT started out as a crypto-only specialist platform, before expanding their listings to include the world’s leading traditional assets and instruments, including stock indices such as S&P500, FTSE100 and Wall Street 30, forex pairs such as EUR/USD, AUD/CAD and GBP/SGD, and commodities such as crude and brent oil, as well as metals.
Later, the platform partnered with leading crypto exchange, Covesting, in order to develop a revolutionary module that allows PrimeXBT traders to create bespoke peer-to-peer investment funds, with experienced traders attracting investment from others that can assess their past performance easily within the platform.
PrimeXBT has also shown its commitment to providing traders with enhanced value by recently reducing the minimum required investment levels across the board - with minimum position sizes being up to 100x smaller than they were originally, opening the doors to global financial markets for traders of all sizes.
PrimeXBT Turbo is simply a continuation of this trend to leading the way in the cryptocurrency industry with innovation, and a firm focus on offering newer, better opportunities to traders.
Benefits of Using PrimeXBT Turbo
There are a wide range of benefits that traders enjoy when using PrimeXBT Turbo, as it combines the familiarity of normal financial trading with some new ways to increase profitability and to reduce complexity.
Profitability:
PrimeXBT Turbo is the first major platform in the cryptocurrency industry to provide Bitcoin-settled synthetic contracts trading, which can provide unparalleled profitability with up to 90% profit in just 30 seconds.Simplicity:
Turbo removes the complexity of financial trading where technical analysis plays a big factor in making predictions. Instead, beginners and experts alike can quickly understand how to make money with Turbo, with only a select of one of 3 durations and either an up contract or down contract being required.Safety:
Unlike other non-crypto-based platforms that provide products similar to Turbo, PrimeXBT is a world-renowned leader in global financial trading that applies bank-grade security to all of its operations, and has a strong track record for protecting users’ funds.Accessibility and Privacy:
Since its inception, PrimeXBT has been a privacy-focused trading platform, providing users with KYC-free accounts that don’t require invasive information to be provided. As a direct result of this, trading on PrimeXBT is accessible for everyone with accounts being able to be setup in just 60 seconds using only an email address.
Building Strategies with PrimeXBT Turbo
Although PrimeXBT Turbo has been designed with providing the most simple way of trading in mind in order to reduce the need for an advanced knowledge of technical analysis, traders can still develop sophisticated strategies for maximising their profitability.
Within the Turbo trading interface, users can see the platforms professional, high-resolution charting software in action - allowing traders to get real-time, on-the-fly information about the movements of different assets.
Because of the provision of demo trading accounts, users can also then practice with the same software as the live trading interface, but with the ability to experiment with new strategies without the need to risk real money.
The potential for developing reliable and highly-profitable strategies using PrimeXBT Turbo demo accounts, and then applying them with real money in the live interface, gives traders the opportunity to build a deep understanding of the Turbo platform, and the way to maximise profits with Bitcoin-settled synthetic contracts.
PrimeXBT Turbo - Faster Profits, Reduced Complexity, Coming Soon
Turbo will be launched over a number of phases, with the first being the release of demo accounts to selected users for testing.
Sign up at https://primexbt.com/turbo to request early access to a demo account, and to try out Turbo for yourself.
Once PrimeXBT Turbo is fully launched, this revolutionary new way to generate fast, high profits with cryptocurrency will redefine the meaning of “cryptocurrency trading”.
With the widespread success of a number of non-traditional crypto trading products such as crypto derivatives, the market is already prepared for next generation trading instruments, as traders continue their search for newer, better ways to generate revenue with cryptocurrencies.