Higher Earning Potential? Everything Is Possible at PrimeXBT
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Margin trading, at least for those traders who are already confident in their skills and can afford to lose what they invest, is a surefire way to multiply your starting investment and to open up new trading possibilities. Of course, this requires some serious trading experience, especially with the assets you’re using leverage on, as well as enough capital to cover your potential losses and protect you from completely going under. Once you’ve made sure you’ve got all that covered, trading platform PrimeXBT is your best bet for proceeding, especially since they’ve recently raised their maximum leverage for bitcoin (BTC) and ether (ETH)-based instruments.
As you probably already know if you’re a PrimeXBT user (or if you’re thinking of signing up), PrimeXBT offers your usual trading accounts that include margin trading, but also copy trading through its Covesting module (to learn more about Covesting, read our review here). Both of these naturally allow for margin trading, but the conditions for each are slightly different: the maximum leverage for both BTC and ETH instruments on Margin accounts has been increased from 1:100 to 1:200, and for those on copy trading accounts from 1:50 to 1:100.
Still, the actual leverage available to you will also depend on the amount you’re trading. For the usual trading accounts (so, no copy trading), the leverage is the highest (1:200) for instruments based on BTC and ETH when the amount
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