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Mohammad Shuja photo
Lahore, Pakistan.
1 Level
135 Review
31 Karma

Review on PrimeXBT by Mohammad Shuja

Revainrating 4 out of 5

It is a major player in margin trading.

PrimeXBT has established itself as a reliable trading platform in the difficult cryptocurrency industry. As a result of these competitive advantages, the trading interface is easy to use, and it creates a distinct impact on the market by providing ultra-low commissions, narrow spreads, and outstanding leverage. The exchange first opened its doors last year and has since gained widespread recognition in the industry.



Unless you have prior experience trading in this way, I would urge you to proceed with caution while trading on any kind of exchange that offers leverage. It is quite simple to make a mistake and wind up getting liquidated and losing all of your bitcoin in this manner, particularly if you are using a significant level of leverage.

Pros
  • There is high leverage available.
  • Deposits can be made with a credit card.
  • Fees are extremely low.
Cons
  • Slow customer support.