PrimeXBT
Established in 2018, PrimeXBT is a Bitcoin exchange platform that is good for CFDs and cryptocurrencies. It was launched in 2018 in Seychelles. It offers different asset classes such as cryptocurrencies, commodities, forex, and indices. PrimeXBT only takes bitcoin as the payment currency. Their services are available in more than 150 countries. With a wide range of trading tools, PrimeXBT offers fair security. The trading system has various popular coins such as Ethereum, Ripple, Litecoin, and more.
For those who are looking for a simple platform, PrimeXBT is one of the platforms that is the best for that. It is simple to use and those with micro amounts can use it.
Features
- Web-based platform
- No KYC verifications
- Has mobile App
- Wallet security
- Infrastructure powered Amazon AWS
- The platform is available in 8 international languages
- Offers maximum leverage of 1:100 for cryptocurrencies and 1:1000 for commodities, forex and indices
ProsĀ
- Offers up to 1:100 leverage on crypto assets
- Offers anonymous accounts
- Great customer support
- Has top tier liquidity
- Does not offer fiat deposits and withdrawals
Cons
- Does not provideĀ a demo account
- has no other collateral besides BTC
- Does not service clients from Canada, U.S., and more
- Charges commission on trades
You can check the PrimeXBT alternatives in the following list.