A Guide To PrimeXBT V2.0
Forex

A Guide To PrimeXBT V2.0


PrimeXBT, your award-winning trading platform, has been upgraded to deliver even more value to the trading community. This upgrade includes several improvements to the platform’s appearance and interface. But the biggest reason for the upgrade is the addition of Ethereum and stablecoin based margin accounts.

In this guide, you will find all you need to know about the introduction of ETH, USDT, and USDC margin accounts, as well as other features of PrimeXBT’s upgrade to version 2.0.

Welcome To Version 2.0

When you first log into your account (since the upgrade), you’ll be greeted with a message introducing the updates. There are a few slides that also inform you of all the new features that have been added.

You’ll notice that the dashboard has been reorganized and now includes a Main account section. This section provides you with the information you need regarding your margin accounts, wallet, followings or Covesting accounts, and more.

The New Main Page Shows You All You Need In One Glance

You can execute several operations from the Main page because it provides you everything you need at a glance. Some of these tasks include initiating withdrawals, making deposits, viewing your balances, creating margin accounts, and more.

No matter the cryptocurrency (BTC, ETH, USDC, and USDT), you can create a separate margin account for each. You can also deposit COV tokens, but these are not for your margin accounts. Their use will be explained further in this guide.

To fund any account from your PrimeXBT’s Main page, you have to deposit funds into the secure cryptocurrency address for that account. You can find the address within your PrimeXBT account dashboard. Once funded, you will need to move the crypto into the margin account from your wallet.

New Accounts In ETH, USDC, and USDT

With the Bitcoin-based margin trading, PrimeXBT earned many awards. Now there’s more!

PrimeXBT has added Ethereum, Tether, and USD Coin. This is one of the Version 2.0 upgrade’s most significant features and has been merged into the same account system and internal trading engine. You can use these currencies beyond Bitcoin-based margin trading.

Get a free account with PrimeXBT and start trading with a small minimum deposit. You can sign up in less than 59 seconds, so do so now if you haven’t registered with PrimeXBT.

There are more than 50 CFDs for you to trade on PrimeXBT, and they cut across stock indices, commodities, crypto, Forex, and more. You can trade all of these within each individual currency type. You will find isolated account details within each dedicated margin account.

Your All-New Reports Section

PrimeXBT has also added a Reports section which contains detailed vital account information. You can find information such as a log of all your transactions in this section. This makes tax reporting and bookkeeping very easy.

The Updated Referral Section

As a result of the inclusion of these new currencies, the referral section has also been upgraded. This section of the website now lists commissions in whichever currencies new users trade in. In order words, if a user trades in Ethereum, commissions are generated and paid out in Ethereum. So, when you refer anyone to PrimeXBT, you will get your commissions in the currencies the user trades in.

The referral system includes simple referral links you can use on different media, including forums and social media. You can share it with friends and loved ones too. Depending on where you are on PrimeXBT’s four-level referral system, you can get as much as 20% commissions per referral.

Enhancements To The Covesting Copy Trading

The Covesting Trading Module has been an innovative copy trading system connecting followers to strategy managers. The system makes it possible for both parties to earn and profit. With the addition of ETH, USDC, and USDT, this module has also been upgraded to support these cryptos and given a facelift.

How Covesting Copy Trading Works

Strategy managers post their trades for followers to copy. When they close their positions, both parties earn. These more skilled traders earn a commission (success fees) off of followers’ capital commissions. These commissions can add up quickly, and the top Covesting traders have already earned millions in commissions, as well as generated millions for their followers.

Traders are reviewed by a five-star system that spurs everyone to be at their best. They are then ranked accordingly and displayed on global leaderboards, with different success factors, including their wins, total profits, and even losses, highlighted.

With the inclusion of other currencies in version 2.0 of PrimeXBT, followers can only follow strategy managers in like-currencies, thus encouraging a diversified Covesting community. Followers with ETH-based margin accounts can now only follow strategy managers with the same currency accounts.

We mentioned the COV utility token earlier. It is at the heart of the Covesting copy trading module and can be used to unlock many other benefits within the module.

More PrimeXBT Features

PrimeXBT has so many incredible features for traders. Some of these include responsive customer service, Turbo, an official blog containing lots of trading tips, educational guides, and more.

Turbo

With Turbo, you (all traders) have access to unique ways to position yourself in the market. It also includes an analysis section that that seamlessly integrates with TradingView for an incredible technical analysis and risk management experience, and more.

Blog & News

The company’s blog and news tabs keep you updated with news and market information and content to help you become your better version of the trader you are and make the most of your trades.

Security

PrimeXBT prioritizes security. The platform is highly secure and built on bank-grade security infrastructure. With the help of a distinctive wallet structure that involves cold storage, the platform has never been hack. Each account is secured with address white-listing and two-factor authentication. PrimeXBT also boasts a 99.9% uptime.

24/7 Responsive Customer Support

Besides all the fantastic features of PrimeXBT, one of its best is its 24/7 live customer support staff. They are trained and ever-ready to assist you with whatever issues you might have. There’s also a help center containing tutorials to help you with anything.

Advanced Trading Tools

PrimeXBT’s upgrade to version 2.0 offers traders an all-in-one platform for the complete trading experience. It contains all the advanced trading tools necessary to become the successful trader you always dreamed of while also minimizing risks. It has the best slippage in the industry with stop-loss orders to ensure capital preservation. It also offers you excellent opportunities with its leverages and diverse ways to access the markets.

Stable Coins For Added Risk Protection

Bitcoin and Ethereum are known to be subject to base currency account volatility. This type of volatility spurred many users to request the addition of stablecoins. With the inclusion of USDT and USDC, traders can now eliminate all risks associated with such volatility. This is one of the fundamental reasons for the upgrade to version 2.0.

 Today Is Your Best Time To Trade CFDs On An Award-Winning Platform

With PrimeXBT’s upgrade to version 2.0, you can now use BTC, ETH, USDT, and USDC for margin accounts. You can trade any combination of the most popular markets, including the S&P 500, Bitcoin, Forex, oil, and gold. And you can do this anywhere you are, digitally.

All you need is our award-winning platform that has all the basic and advanced tools to help you reach your trading and financial dreams.

Use PrimeXBT’s V2.0 Today!

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