Thursday, January 27, 2022

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    Singapore Bitcoin Traders Shift To PrimeXBT To Bet On Traditional Market Moves

    Traditional markets are more volatile than ever before, which means that these tried-and-true markets are attracting Bitcoin traders from all over, who don’t want to miss out on these once in a lifetime profit opportunities.

    But few platforms exist that offer Bitcoin traders access to a variety of traditional assets all under one roof, leaving a massive void left to fill across the market – until now.

    PrimeXBT is an award-winning Bitcoin-based margin trading exchange with all the tools Singapore-based crypto traders could ever need, complete with access to both digital assets like Bitcoin, Ethereum, and more, as well as traditional markets such as commodities oil and natural gas, the world’s most important stock indices, and forex currency pairs such as USD/SGD, EUR/SGD, GBP/SGD, and NZD/SGD.

    Top-Notch Trading Tools For Professionals, Easy Enough to Use For Novices

    All of the assets offered on PrimeXBT, digital or traditional, can be traded using the advanced trading tools offered by the platform.

    Traders can profit from both falling and rising markets, due to the platform offering both long and short positions, even simultaneously.

    Built-in charting tools can tip traders off as to which direction the market may turn, provided they perform even basic technical analysis. More advanced analysis can be taken advantage of by utilizing one of the over 40 available studies, indicators, oscillators and more.

    Up to 1000x leverage is offered across forex, commodities, stock indices, and cryptocurrencies, allowing traders to risk less capital, but maximize the profit these positions can achieve.

    Leverage takes even a small position, and multiplies it by a factor of up to 1000 times, turning even a 5% move into 5,000% profits.

    Up to 1000x Leverage Offered Across Forex, Crypto, Stock Indices, and Commodities

    One of the most powerful tools offered by the platform is the up to 1000x leverage available across all major forex currencies, as well as spot gold and silver. The following forex currencies are offered on PrimeXBT: SDG, USD, EUR, AUD, GBP, CHF, JPY, NZD, TRY, and RUB.

    A maximum of 100x leverage is made available for commodities, stock indices, and cryptocurrencies.

    Commodities include natural gas, Brent, and WTI Crude oil. Stock indices range across each major nation, from the S&P 500, to the DAX 30, and the rest of the world’s most popularly traded indices.

    Cryptocurrencies are available paired against USD or BTC, and range from Bitcoin, Ethereum, Ripple, EOS, and Litecoin – five of the most widely traded and accepted crypto assets.

    PrimeXBT is regularly adding new instruments for trading, so keep watch for the next batch of forex currencies, stock indies, or additional commodities or crypto assets.

    More Ways For Singapore Traders To Make Money Than Anywhere Else

    Beyond trading alone, PrimeXBT offers additional incentives to use the program, such as a lucrative four-level referral program, CPA offers for affiliate marketers, and an ambassador program.

    The platform is highly regarded for its live 24/7 customer service and help center, and has a wide footprint across social media and other platforms.

    Bank-grade security, two-factor authentication, address whitelisting, and secure password encryption ensures all funds are kept safe, and due to registration requiring no personal information at sign up and no KYC process, no information is ever put at risk.

    PrimeXBT also offers many additional features, such as a new Turbo platform providing access to simplified, short-duration UP and DOWN contracts. The new tool is a much needed break from traditional, strategy-focused trading, and can be an ideal solution for profits during a distinct lack of market volatility.

    The platform warns however, that because the profits can be booked so quickly using the tool, in as fast as 30 seconds, that a complete loss of funds is also possible.

    Fast Registration and Free Demo Accounts Let Traders Try PrimeXBT Risk-Free

    Registration is fast, taking as little as 60 seconds and requiring no personal information. Free demo accounts are available for both the main platform and to test out Turbo risk free.

    A low minimum deposit of just 0.001 BTC is required to get started, which by using leverage can be multiplied into a 0.1 BTC position. There are also extremely low position requirements, keeping the barrier to entry minimal.

    Furthermore, the platform rewards their most active trading clients, by offering a progressive discounted fee system that lowers fees by up to 50% for those clients with the highest level of trading turnover.

    All deposits are made via Bitcoin to a BTC address, and the account is denominated and settled in Bitcoin, making the platform ideal for Singapore based traders who are seeking to increase their Bitcoin holdings, while also profiting from traditional markets.

    Helpful tutorials are included, and guides are available through the company’s blog to assist those new to the platform with getting started. Meanwhile, more professional traders will feel right at home with the platform’s advanced trading tools, built on decades of traditional market experience.

    Conclusion: Why PrimeXBT Is the Ideal Platform for Singapore Bitcoin Traders

    With forex currency like SGD and nine more of the world’s most popular forex currencies available alongside stock indices, commodities and cryptocurrencies, PrimeXBT is the perfect trading platform for Singapore Bitcoin traders considering trading across traditional markets.

    Few platforms offer the wide variety of advanced trading tools the award-winning Bitcoin-based margin trading platform does, and even fewer competitors boast anywhere near the same level of variety in assets.

    With such a variety, traders never have to leave an opportunity behind, and can bolster their ROI by diversifying their portfolio across multiple assets.

    The platform features an easy to understand user interface, yet some of the most advanced tools professionals demand – making the platform perfect for both newcomers and experienced traders alike.

    Register for PrimeXBT today, and get access to a free demo account to try trading traditional markets risk free.

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