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In a cryptocurrency sphere where Bitcoin is no longer the only digital asset that people are looking at, PrimeXBT has pushed the boundaries to offer a huge array of trading options.
The trading site labels itself as a ‘multi-asset platform offering a comprehensive suite of trading products and cryptocurrency services’, and now boasts an additional 24 new trading instruments.
Altcoin season
The maturation of the cryptocurrency investment space means that the demand for a variety of digital assets has never been higher. While Bitcoin, and Ethereum are seen as the gateway into cryptocurrencies, people are now looking at other coins in the top 100 by market cap.
PrimeXBT has made note of the prominence of some of these in demand assets and added new trading instruments that join an already wide array of forex currencies, commodities, stock indices, and existing cryptocurrencies — such as Bitcoin, Cardano, Solana, and Dogecoin.
The addition of these 24 new assets means that users of the trading platform now offers 100 unique trading instruments.
“We are proud to offer the trading community a one-stop-shop enabling a diverse trading portfolio of assets,” said a PrimeXBT spokesperson. “The new listing further presents a range of profitable opportunities all under one roof.”
From Binance’s BNB utility token to the popular meme coin SHIB, PrimeXBT is noting the crypto trends. They have also added metaverse-related coins, such as SAND and MANA as well as coins that have recently ballooned, such as AVAX and THETA.
The full list is as follows:
BNB/USD
LUNA/USD
AVAX/USD
MATIC/USD
SHIB/USD
ATOM/USD
NEAR/USD
ALGO/USD
TRX/USD
FTT/USD
FTM/USD
XLM/USD
MANA/USD
ICP/USD
SAND/USD
VET/USD
XTZ/USD
FIL/USD
EGLD/USD
AXS/USD
KLAY/USD
HNT/USD
THETA/USD
XMR/USD
More Offerings and Updates
PrimeXBT seems to have its finger on the pulse of its users. Not only are the new trading pairs a welcome addition, the platform continues to expand its overall product lineup and potential customer reach.
For example, the platform is looking to trading education with the recently launched PrimeXBT Trading Academy. This teaches traders how to get started trading any of the platform’s popular trading instruments.
PrimeXBT is also looking to make trading fun and informative with its new Contests section that lets traders use virtual funds to compete for prizes while also testing their skills in a simulated real-time market.
Covesting is one of its flagship offerings, allowing newcomers to follow more experienced traders who may profit for them by copy trading.
Finally, it is worth noting that the platform has a newly released native Android and iOS app that already offers all of the 24 new trading instruments just released.
Image sourced from Unsplash
This content should not be interpreted as investment advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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