PrimeXBT is one of the world's largest trading platforms that provide direct access to one of the widest ranges of financial assets and financial markets, with users being able to trade many of the world's leading cryptocurrencies, stock indices, forex pairs, and commodities from a single account and with the use of a bevy of other powerful tools.
Recently news of PrimeXBT's 2.0 upgrade have shed light on the new ability for traders to be able to trade global markets using cryptocurrency, and the expansion of the flexibility throughout the platform in order to protect against volatility and to trade with a wider range of assets.
This guide is taking a deep dive into PrimeXBT's 2.0 upgrade, starting with a look at the consistent progress of the project and its growth, before moving on to looking at the specific details of PrimeXBT's 2.0 upgrade, and then finishing off with a breakdown of the innovation that is at the core of this platform.
PrimeXBT Has Gone From Strength-to-Strength in 2021
For the past few years all the way through up until 2021, PrimeXBT has gone from strength to strength as its user base and trade volumes have expanded consistently over time and cemented PrimeXBT's place at the top of multi-asset trading globally.
In 2020, the project partnered with the world's largest crypto copy trading platform, Covesting.io, in order to develop and integrate the Covesting module into PrimeXBT, opening up a range of new avenues for users to be able to generate revenue while partnering with some of the world's top performing traders.
This trend of out-innovating the rest of the market has continued through into 2021 with this most recent upgrade to the platform, and one of the most significant upgrades that we have seen over the past few years as the way that users are able to access different assets in order to trade with has been completely revamped and expanded in PrimeXBT 2.0.
PrimeXBT 2.0 Brings a Range of New Features:
Trade Global Markets with ETH, USDC and USDT
PrimeXBT has been a primarily Bitcoin-based platform throughout his time of operation, and while there has been the ability to trade a huge range of different assets, Bitcoin has always been the base asset that has been used by PrimeXBT's traders and investors.
In order to provide greater flexibility and risk protection, and to expand the opportunities that are provided on PrimeXBT, now the base currencies that can be used to trade with on the platform have been expanded to include Ether, USDC, and USDT.
Particularly advantageous for traders now is the ability to avoid the volatility in the market by transferring the assets into one of the two largest stable cryptocurrencies on the market, with this representing a reinforcement of the values of PrimeXBT to provide enhanced training opportunities to its users.
Upgraded Platform Design
The PrimeXBT platform itself has received a revamp as well in the 2.0 upgrade, with this revamp spanning across many of the areas of the platform from its margin trading sections through to the Covesting module, and even with a renovation of the referral program being seen as well.
With this sitewide approach to expanding the flexibility that users have to be able to use PrimeXBT profitably, the platform continues to remain as an innovation leader in the cryptocurrency market and the most powerful bridge possible between the cryptocurrency market and the traditional asset markets of the world.
A PrimeXBT spokesman mentioned that the complete architecture of the platform has been redeveloped from the ground up, including the backend and the front and of the platform, and that this new PrimeXBT 2.0 upgrade will allow for further currencies to be added in the future, further expanding the value and flexibility of the PrimeXBT platform.
Innovation at the Core of PrimeXBT
Since the launch of PrimeXBT in early 2018 until today, innovation has been at the core of this platform and even with the inception of PrimeXBT the unprecedented levels of innovation that we have seen throughout the past three years was already present in the first version of the platform that was launched.
More than almost any other platform in the cryptocurrency space, we have seen consistent upgrades to PrimeXBT and additions with new features and tools that have continually expanded the value offering that has been provided for cryptocurrency traders and investors as well as global financial traders and investors too.
The PrimeXBT 2.0 upgrade further cements PrimeXBT's position at the top of global multi-asset margin trading and provides users with a more powerful and more effective trading platform to use in order to interact with global markets profitably.
In Conclusion
The PrimeXBT 2.0 upgrade sees a revamp of the architecture of the platform and its interface that completely provides users with new opportunities to be able to interact with global markets in a more effective way.
Now traders and PrimeXBT can use Ether, USDC, and USDT to trade with, with this expanding the flexibility that was already present in the platform and also allows for users to protect their funds against the fluctuations in the market.
To learn more about the PrimeXBT platform and specifically more about the new PrimeXBT 2.0 upgrade, check out this link.