Prime XBT is a relatively new venture and it was founded in 2018 as a Bitcoin-based leverage trading platform. Already they have over thirty digital assets that you can trade which include Forex, Commodities, Stock Indices, as well as Cryptocurrencies as you would expect.
The main feature of this brokerage is the best conditions for cryptocurrency trading (the lowest spread) compared to other similar platforms.
By having no KYC this means it is possible to register much faster, often in less than 60 seconds. As no personal information is required at sign up, there is less risk of privacy issues for the traders. The minimum deposit needed is only 0.001 BTC.
Trading on PrimeXBT immediately exposes traders to a large variety of assets compared to other platforms.
The instrument variety option enables traders build a diversified portfolio to take advantage of many markets. Having a diverse portfolio can also help to build a potentially lower risk portfolio. By spreading trades across many assets, there is less reliance on profit generated from a single asset.
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