PrimeXBT for Irish Gold, Forex, and Crypto Trading [2020]

While there has been a huge explosion of new trading platforms launching in Ireland and providing services to Irish traders and investors over the past few years, no one has seen such widespread success and adoption as PrimeXBT.

PrimeXBT is a global leader in asset trading and investment and has grown exponentially over a relatively short period of time to manage billions of dollars in trade every day.

We are breaking down exactly what PrimeXBT is, the advantages that Irish trailers are enjoying by using the platform, and some of the advanced tools and features that are available.

The Exponential Growth of PrimeXBT

In a very short period of time PrimeXBT has gone from launching with the waiting list of 150,000 traders two today managing up to $2 billion worth of global trade every day and expanding into every continent on Earth.

Today PrimeXBT is the world's leading multi-asset margin trading platform, and this exponential growth over the past couple of years has been the result of a combination of factors, as well as good timing for the launch of the platform.

PrimeXBT is a cryptocurrency and traditional asset margin trading focused platform, and at the time of the launch of the platform there was a large transition within the market towards platforms that could provide high leverage and margin trading features.

PrimeXBT provides industry-leading leverage of up to 100X on all cryptoassets and including BTC, ETH, XRP, LTC, and EOS, and up to 1000X on all traditional assets including stock indices, metals, and forex pairs.

The Advantages of Using PrimeXBT for Irish Traders

There are a wide range of reasons that Irish traders have flocked to PrimeXBT, but some of the most obvious ones have been the range of powerful tools and features that are provided at the platform, having a low fee schedule, providing bank-grade security measures, and being the only major trading platform to be fully KYC-free.

PrimeXBT charges the lowest fee schedule of any major cryptocurrency trading platform with a low flat rate of 0.05% applied to all trades irrespective of the amount being traded or the asset class of the trade.

As well as this, PrimeXBT has never been hacked and this is as a result of using advanced security measures in order to protect the funds of traders such as full risk check after every order placement and execution and mandatory Bitcoin address whitelisting.

PrimeXBT also provides traders with alternative ways to generate high profits within the cryptocurrency market, but without the need to buy and sell cryptocurrencies, or even to look at the chats at all - using PrimeXBT’s 4-tier referral program.

Traders can sign up as affiliates to the 4-tier referral program, and then not only is profit generated on direct referrals, but also the people that those referrals refer - with this being as deep as 4 layers of indirect referrals generating huge profits.

In 2019, the top 3 affiliate partners in the PrimeXBT 4-tier referral network generated more than $1 million and in 2020 this figure is expected to be even higher.

Finally PrimeXBT is 100% KYC-free, which means that all that is required in order to set up an account is an email address and two minutes, and that the provision of invasive personal information is not required on the platform, allowing traders to maintain their privacy while they trade.

PrimeXBT’s Advanced and Unique Tools for Generating Profit

As well as the benefits that are integrated into PrimeXBT, there are a range of powerful and unique tools that can be leveraged by traders and investors on the platform.

These include two of the newest releases to the platform, PrimeXBT Turbo and PrimeXBT’s Covesting Module beta.

PrimeXBT Turbo is a new short-term Bitcoin-settled accounts platform that has been integrated into PrimeXBT and allows traders to generate up to 90% profits in under 30 seconds.

As well as being the fastest way in the crypto market to generate profit, PrimeXBT Turbo is also the most simplified way of trading that is available, with only a simple decision of whether or not the price of the asset will be higher or lower at the end of the trading being required to generate profit.

PrimeXBT’s Covesting Module beta is the platform's first move into the area of social trading, where in partnership with social trading giant, Covesting, PrimeXBT has integrated a new module that allows for the creation of peer-to-peer investment funds.

Experienced trailers that have a proven track record of generating profitable trade can create an investment fund where their trading history is displayed to potential investors, with those investors being comprised of traders that may be newer and less experienced, and therefore can greatly benefit from the skill set of experienced fund managers.

PrimeXBT’s Covesting Module beta provides experiences traders a way of maximizing their profit from trading, and inexperienced members a way to reduce the risk of engaging with the market

In Conclusion

PrimeXBT has become a global leader in both cryptoassets and traditional asset trading by providing ways of maximizing profit loss reducing risk throughout the platform.

A combination of low trading fees, high-tech security, and other powerful tools and features have allowed PrimeXBT to secure a substantial portion of the Irish trading market, and this has been replicated globally within many different markets.

To find out more about PrimeXBT and the services that are offered on the platform, check out PrimeXBT, PrimeXBT Turbo, and PrimeXBT’s Covesting Module beta.