PrimeXBT Welcomes 24 New Assets
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Crypto lovers using the PrimeXBT trading platform, rejoice: they have added a whopping 24 new altcoins to their existing offering, all of which have gone through a rigorous selection process to ensure it’s a safe coin for you to trade. But if you don’t have an account on this exchange and you’re debating joining them now, you may be interested to hear that new customers get 7% of their first deposit credited to their account as a bonus for up to USD 7,000.
Which New Assets Can I Trade Now?
With 24 new cryptocurrencies, PrimeXBT has just tripled the choice of crypto pairs available to their users. Additionally, all new altcoins can be traded with the leverage of up to 1:10 on Margin trading accounts and 1:2 on copy-trading Strategy accounts, helping users maximize their profits in a simple and straightforward way. These are the new assets available on PrimeXBT:
- Algorand (ALGO)
- Avalanche (AVAX)
- Axie Infinity (AXS)
- Binance Coin (BNB)
- Cosmos (ATOM)
- Decentraland (MANA)
- Elrond (EGLD)
- Filecoin (FIL)
- Fantom (FTM)
- FTX Token (FTT)
- Helium (HNT)
- Internet Computer (ICP)
- Klaytn (KLAY)
- Monero (XMR)
- NEAR Protocol (NEAR)
- Polygon (MATIC)
- Stellar (XLM)
- Shiba Inu (SHIB)
- Terra (LUNA)
- Tezos (XTZ)
- The Sandbox (SAND)
- Theta Network (THETA)
- Tron (TRX)
- VeChain (VET)
As you can see, the newcomers offer a great choice between different blockchain protocols, DeFi projects, metaverse platforms, and even meme coins. These join PrimeXBT’s previous offering of bitcoin (BTC), ether (ETH), litecoin (LTC), EOS (EOS), and various others, which have been very well-known in the industry for years at this point. At the time of writing (March 2022), all of the assets now listed on PrimeXBT are in the top 50 of all cryptocurrencies by market cap. In other words, these projects are tested and have amassed large followings and usually have their own use case where they belong. In terms of security, this means that users can trade these coins without worrying about maliciously caused price swings that can cause them losses.
Additionally, as we’ve previously mentioned, the exchange offers margin trading for all of these newly listed assets. The maximum leverage for each of them right now is 1:10. This helps users familiarize themselves with the price movements of the asset while still getting decent profits, but not risking as much as they would with higher leverage. It is still worth noting that margin trading should only be attempted by those who can afford to lose the full amount, and that this strategy is otherwise extremely risky. Additionally, if you’re following a copy trader through the exchange’s social trading feature, your available leverage will only be 1:2. This protects both the trader posting their strategy and their followers from significant losses.
What’s the Bonus for Newcomers?
PrimeXBT welcomes traders interested in derivatives of all sorts, and to make signing up worth their while — aside from the obvious perks of trading a wide variety of assets — the exchange has added a deposit bonus for new clients. Users who deposit any amount of funds will get 7% of their first deposit credited to their account as a bonus that can be used as additional collateral to open positions. Still, this bonus cannot exceed USD 7,000, which is how much you get if your first deposit is USD 100,000 or more. To claim this bonus, available for two weeks upon activation, use the code CRYPTONEWS7000 in the promo section.
Read more about the deposit bonus rules.
Don’t forget to join PrimeXBT / Covesting telegram community to find more information about the Trading terminal, Copy trading module and how to save up to 25% of your commission with COV token and other token utilities!
