PrimeXBT offers a Cryptocurrency, FX, Indices, and Commodities synthetic contract trading infrastructure.
PrimeXBT has listed 24 new trading instruments featuring many of today’s most popular cryptocurrencies, the multi-asset platform announced.
The 24 new digital assets available for trading include Binance Coin (BNB), TRON (TRX), TEZOS (XTZ), Terra (LUNA), FTX (FTT), FileCoin (FIL), Avalanche (AVAX), Fantom (FTM), Elrond (EGLD), Polygon (MATIC), Stellar (XLM), Axie Infinity (AXS), Shiba Inu (SHIB), Decentraland (MANA), Klaytn (KLAY), Cosmos (ATOM), Dfinity (ICP), Helium (HNT), NEAR, SAND, Theta, Algorand (ALGO), VeChainThor (VET), and Monero (MNR).
With these latest additions, PrimeXBT’s product portfolio reached 100 unique trading instruments, including a wide range of forex currencies, commodities, stock indices, and existing cryptocurrencies such as Bitcoin, Cardano, Solana, and Dogecoin.
“We are proud to offer the trading community a one-stop-shop enabling a diverse trading portfolio of assets. The new listing further presents a range of profitable opportunities all under one roof”, the broker announced.
PrimeXBT also launched a trading academy that helps traders learn how to get started trading any of the platform’s wide variety of popular trading instruments.
Going by the name of PrimeXBT Trading Academy, the crypto trading education website was developed with over 20 years of experience and offers the basics about blockchain or the various sub-sectors of the cryptocurrency industry, such as NFTs.
Intermediate users will find plenty of guides designed to take them to the next level, while professionals can brush up on the latest trends and stay on top of current market developments.
There is also a Contests section, where traders can use virtual funds to compete for prizes while also testing their skills in a simulated real-time market. The multi-asset broker, which was established in 2018, has recently released a mobile trading app available on Android and iOS.
PrimeXBT offers a Cryptocurrency, FX, Indices, and Commodities synthetic contract trading infrastructure. The platform also offers the Covesting copy-trading module, which allows users to browse through hundreds of trading strategies provided by other traders, and automatically copy their trading activity.
This account offers users the technology to invest in top DeFi protocols like Uniswap, Compound, and Curve without the need for the users to know or understand about the complicated technology or the need for them to connect their wallets to respective decentralized exchanges.
Traders are able to trade and invest in FX, crypto, stocks, commodities, and yield generating assets from within a single user interface. Using this tool, users can use their idle crypto assets to generate yields of up to 10% under current market conditions.
This is part of an ongoing white label agreement and B2B partnership between PrimeXBT and licensed European fintech developer Covesting. The partnership includes copy trading and token staking from Covesting.