As you guys know, we love to leverage trade on this channel.
We do it almost every day.
You guys also know the site that we generally use.
But a lot of you guys like options.
So today, we're going to be taking a look at a platform we've discussed before
but has made big changes.
PrimeXBT has upgraded their entire platform,
including the addition of a new and improved interface that you've got to see believe.
Let's get it!
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My name is Ben.
Everyday on this channel, I show you how to make money in cryptocurrency.
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then make sure to hit that subscribe button for your chance to win a full Bitcoin.
We're now over 25% of the way through the contest, so make sure to check the description below to enter.
Now, if you want to sign up for the site we'll be looking at today, PrimeXBT,
you can visit bitboycrypto.com/deals and scroll down to the PrimeXBT section.
If you've given PrimeXBT a look before, it could be time to give it a second one.
Yes, you heard me right.
The old pony of PrimeXBT used for leverage trading has been given an upgrade to its saddle.
In crypto, where it's the Wild West out there, PrimeXBT has a proven track record
for being one of the most secure leverage trading platforms out there for traders
with a friendly customer service team that answers any questions 24/7.
What's more, the leverage platform is fully regulated and registered in Switzerland.
So you know when you're doing business with them,
you're trading with a legitimate company that will support its customers.
And often stay neutral.
That's a Switzerland joke.
But what has changed for PrimeXBT since the last time we looked at it?
Everything is different from the original on the outside and in.
Here's a screenshot of the new user interface
which is more clean, in my opinion, than it was before.
Now, when you first sign in,
you'll be greeted with this screen as your new dashboard.
On the left hand side of the screen, you'll see Dashboard, Referrals, Reports and Settings.
On the new Dashboard tab,
you'll see all the accepted cryptocurrencies and stablecoins for PrimeXBT and their wallets,
seemingly allowing you with ease to deposit to any of these wallets listed.
Stablecoins.
Another horse reference.
PrimeXBT now supports a wider variety of currencies besides Bitcoin,
including USDT, ETH and USDC.
Additionally, PrimeXBT also supports multiple trading accounts, advanced reports and more.
Users can now open multiple trading accounts and use additional currencies for trading
and P&L statements
including stablecoins such as Tether and the Coinbase dollar.
According to PrimeXBT in a blog post,
the introduction of ETH, USDT and USDC is due to growing market demand for these products,
as well as to allow for greater flexibility and risk management for all PrimeXBT users.
This move will also serve to stabilize markets on the platform
by using multiple different trading pairs
and open the platform to greater liquidity and accessibility,
enabling scalability.
The new currencies will be integrated platform-wide for all services,
which means users will be able to use ETH, USDT and USDC in addition to BTC
as a base account currency for margin trading, PrimeXBT Turbo, Covesting and more.
Once deposits have been confirmed,
users can then create a new margin trading account in each currency
to use for collateral in margin positions on all available markets
including, of course, cryptocurrencies, stock indices, forex and even commodities listed on PrimeXBT.
The detailed Reports section shows all of your transactions
and trading activity concisely and clearly.
The Covesting module will also going to find tuning in addition to more currencies,
allowing users to follow more trading strategies and profit in more than just Bitcoin.
Users can now create a strategy or follow their favorite traders
using USDC, USDT and more.
This offers users greater diversification.
Further, as you can see from the updated Rating section,
all available strategies will be categorized by their respective base currency.
However, It's important to note that not all strategies can be used for different currencies.
For example, users who deposit USDC will only be able to follow their USDC denominated strategies.
Makes sense.
Lastly, even the Referral section of PrimeXBT received an overhaul and an upgrade.
Users can now earn referral revenue in BTC and in ETH, USDT and USDC,
depending on which account currency each referred trader uses.
PrimeXBT notes that they will also be releasing
an upcoming new mobile application for iOS and Android
which is expected to be out later this year.
PrimeXBT is also giving away a $500 funded account
for you just to try the new features and give your feedback in the comment section below.
All you've got to do is make a comment to enter.
One comment will be chosen at random to win a $500 funded account,
so get those comments in.
Additionally, don't forget that if you're an experienced trader,
you can always use the promo code "BITBOY" to get 50% on top of your deposit.
You can also sign up to use Market Cipher and trade using our favorite winning indicator
by going to bitboycrypto.com/deals.
Now, if you need a full tutorial on how to use PrimeXBT,
you can always check that out by clicking the link above
to see the one that we did before.
PrimeXBT is a unique site with a lot to offer.
If you guys want a new full tutorial based upon the new look and feel of the site,
then you guys can make sure to make that comment down below as well.
Now, also, we want to know,
what do you think of the new PrimeXBT user interface?
All you've got to do is let us know and your entered for a chance to win $500 in a funded account.
And thank you very much, of course, to PrimeXBT for sponsoring this video.
But that's all I got.
Be blessed.
BitBoy out.