PrimeXBT - Why the Time for Leverage Crypto Trading is Now

Iulian Lesanu • August 6, 2024

Leverage trading is a standard practice among traders of Forex, stocks, commodities, and indices. Trading cryptocurrencies with leverage has become increasingly popular in recent years. Investors everywhere seek to cash in on the excessive volatility of digital coins and assets despite the proportionately high risk they involve. However, with a historic bull run looming over the crypto market, leverage crypto trading might be a strategy worth considering right now.

With so many trading platforms offering trading on leverage services, how do you know which one to trust? If you're a beginner, where do you even start? And where do you boost your portfolio's value if you have a few successful trades under your belt?

The answer to all these questions may come from PrimeXBT - a secure, industry-leading CFD exchange catering to all traders, regardless of skills or experience. This platform provides cutting-edge tools for leverage trading multiple assets, including crypto, stocks, Forex, commodities, and indices as contracts for difference (CFDs).

PrimeXBT doesn't require KYC, so you can start trading right away. CFD trading enables you to trade more prominent financial positions for Bitcoin, altcoins, Gold, and popular Forex pairs with insignificant margins for potentially high returns. And if all of this seems alien to you, PrimeXBT provides an extensive library of video tutorials, how-to guides, and other educational resources to help you understand the market and make better-informed decisions.

This short PrimeXBT review examines the platform’s features and potential. Read on to discover if it’s the right place for you to start or resume leverage crypto trading.

If you decide to join PrimeXBT, you'll receive a 20% Bonus on your first deposit, up to $7,000!

Why 1 Million Traders Choose PrimeXBT Every Day?

Over 1 million traders from 150 countries use PrimeXBT services daily. There’s a good chance most of them are trading on the platform as you’re reading these lines. It took PrimeXBT around six years to reach this impressive global reach and a daily trading volume exceeding $123,000,000., since its original registration in the Seychelles in 2018.

Several other exchange platforms are capable of this feat. However, the accomplishment is even more remarkable in this case since PrimeXBT is not regulated or licensed. This means the authorities cannot hold it accountable or force it to abide by specific regulations. Still, the platform’s global community grows rapidly, and with it, so do its liquidity, performance, and reputation.

So, why should you consider joining PrimeXBT?

No KYC or AML is required

This is a big incentive for many traders. Most crypto exchange platforms are licensed or regulated. This means they must follow anti-money laundering (AML) regulations, which generally require them to impose KYC (Know-Your-Customer) verification on their customers.

KYC verification usually requires you to share sensitive personal information. For instance, you must declare your real name, address, proof of residence, national I.D., financial background, and/or a picture.

PrimeXBT does not require KYC or AML from its clients. You don't have to provide any of the above, and the platform is undoubtedly not interested in your selfie. Instead, you only need to provide a valid email address and a strong password to open a PrimeXBT account. Once you confirm it via email and fund it, you can start trading immediately.

The only issue that may prevent you from trading on PrimeXBT is your location. While the platform is available in over 75% of the world's countries, it doesn't operate in prominent nations such as the U.S., the U.K., New Zealand, Israel, and all the countries in the E.U.

High-Security Standards

Some may worry about PrimeXBT not being licensed or regulated. However, just because it strays from the norm doesn't mean that PrimeXBT does not prioritize security. In fact, PrimeXBT employs advanced security standards to ensure optimal protection for users and their assets, such as:

Two-factor authentication provided by Google Authenticator
Advanced hardware modules hosted on AWS web servers
Cloudflare protection against DDoS attacks
Cryptographically hashed passwords
Encrypted SSL for website traffic
Mandatory whitelisting for Bitcoin addresses

Most importantly, PrimeXBT stores most of its funds offline in a secure, cold storage environment. Only a tiny percentage is held in "hot wallets" to serve ongoing trades on the platform. The exchange also runs regular security tests and system check-ups to prevent attacks and mitigate risk.

A Versatile Offer of Tradeable Assets

We already know you can quickly join PrimeXBT and enjoy high-security levels. So, what can you do once you get in there?

Unlike most trading platforms, PrimeXBT provides a versatile suite of tradeable assets, ranging from cryptocurrencies to Forex, commodities, options, and market indices. Their offer includes:

41 tradeable cryptocurrencies, including BTC, ETH, DOGE, BNB, etc.
51 tradeable Forex pairs, including EUR/USD, GBP/USD, USD/JPY, etc.
5 tradable Commodities, including Gold, Silver, Brent, crude and natural gas
11 tradable Market indices, including GER30, SP500, NASDAQ, HK-HIS, AUS200, JAPAN, UK100, DOWJ, EUR50, FRANCE, and SPAIN

Ok, the offer is not that big. Some of the industry-leading crypto exchanges support trades for over 300 crypto assets. Also, their support for Forex and indices can increase substantially. Nevertheless, the PrimeXBT offer aims for diversity and top-quality assets. This way, users can access more markets and diversify their investments from the same dashboard without jumping between different trading apps.

Appealing CFD Trading Options

PrimeXBT specializes in CFD trading for supported assets with primarily advantageous leverage conditions:

1:200 leverage for BTC and ETH pairs
1:5 to 1:50 leverage on altcoins
1:1,000 leverage on most Forex pairs
1:100 leverage on commodities
1:500 on Gold and Silver

These are the maximum leverage limits for the mentioned assets. Depending on your strategy and available funds, you can opt for lower levels. Keep in mind that leveraged trading incurs considerable risks. That's why you should thoroughly educate yourself about this trading practice before placing your first order. Fortunately, PrimeXBT provides in-depth market research, analyses, and signals to help you better understand or predict asset movements.

Copy Trading

If you are not confident in your skills or don’t have market experience, you can always choose the copy trading service from PrimeXBT. The platform allows novice users to follow in the steps of more experienced traders with a proven track record.

With copy trading, you don't need to conduct extensive market research or stay up-to-date with market signals. Instead, you can pick from among the hundreds of expert traders on PrimeXBT and copy their trading behavior. This practice can earn you up to 75% of their profit share when they succeed.

Alternatively, if you are an expert trader, you can provide copy trading services via PrimeXBT. Sharing your winning strategies on the exchange allows you to win up to 20% from every profitable trade you signal.

Low Trading Fees

Making money via leverage trading is possible, but it also incurs costs. The platforms offering this service take a percentage to cover operations. Fortunately, PrimeXBT practices low trading fees:

0.05% for Cryptocurrencies
0.0001% for Forex, Indices and Commodities

Additionally, you will have to pay an “overnight fee” if you continue financing a position for more than a day.

Accessible Deposit and Withdrawal Options

Unlike other crypto exchanges, PrimeXBT does not require a minimum deposit or charge a fee for funding your account. These conditions are important user perks in a highly incentivized economic environment.

You can deposit fiat on PrimeXBT via debit or credit card, SEPA transfers, or third-party providers like Advcash and Perfect Money.

PrimeXBT supports deposits of BTC, ETH, USDT, USDC, and COV. You can also fund your account with cryptocurrencies through third-party services such as Coinify, Changelly, Xanpool, CEX.io, and Paxful. Alternatively, you can fund your account with fiat and purchase crypto directly on PrimeXBT.

Regarding withdrawals, PrimeXBT doesn't charge a fee, but you must pay the miner fee, which is an industry standard. In this case, you will have to pay:

0.0005 BTC for Bitcoin withdrawals
0.002 ETH for Ethereum withdrawals
When withdrawing USDT, USDC, and COV on ERC-20: 10 USDT / 10 USDC / 5 COV
When withdrawing USDT, USDC, and COV on BEP-20: 0.8 USDT / 0.8 USDC / 2 COV

You can also withdraw fiat from PrimeXBT directly via debit or credit card or third-party services, such as Volet or Perfect Money. Whether you take out fiat or crypto, you can only withdraw a maximum of $20,000 daily.

A User-Friendly Experience

PrimeXBT goes out of its way to provide a high-quality experience for users. The platform provides helpful 24/7 customer support via live chat, email, and social media. You can send in your queries or complaints anytime and get a swift response.

Another aspect where PrimeXBT excels is its trading platform, which boasts a user-friendly layout with easy navigation shortcuts. Moreover, you can customize it to fit your trading behavior—a tool that many expert traders will appreciate.

You can trade on PrimeXBT directly from your web browser on your desktop computer. However, if you are a typical on-the-go trader, you can use the PrimeXBT mobile app available on iOS and Android. While it provides a pocket-sized version of the platform, the mobile app maintains quality standards and offers a seamless experience when you trade away from home.

PrimeXBT aims to educate new users and enhance the knowledge of experienced traders. To this end, the platform created vast educational resources abounding in video tutorials, guides, articles, an economic calendar, and the latest market updates. Studying these materials could be an immersive learning experience for aspiring traders.

The PrimeXBT Referral Program

PrimeXBT allows users to earn money when they invite friends to the platform, and those friends become active traders. In fact, you can earn when your friends invite their friends, and those friends invite theirs, up to a 4-degree referral.

The platform’s 4-tier Referral Program can help you gain 20% commission on the fees paid by their direct referrals. The commission drops by 5% with every tier and still earns you 5% on the 4th tier referral to boost your passive income.

Our Verdict on PrimeXBT

PrimeXBT is a well-established trading platform with proven global appeal. Its substantial number of users and remarkable daily trading volume point to secure and customer-trusted services. Other positive factors supporting its reputation include low fees, no KYC needed, advanced trading tools, and a user-friendly experience.

Does trading on PrimeXBT have drawbacks?

Of course it has, but trading on most online platforms does, too. Notable PrimeXBT disadvantages include:

It is not regulated or licensed
A limited offer of supported cryptocurrencies
It doesn’t have a demo account

The good news is that PrimeXBT mitigated all these downsides by prioritizing user safety and offering some of the best trading tools in the industry. Also, it enables traders to access multiple markets and versatile assets and make quick deposits and withdrawals without charging fees. These aspects are essential advantages, especially when trading with leverage.

Remember that online trading incurs considerable risks for your financial livelihood. Ensure you research and fully understand leveraged trading and practice adequate risk management.

After doing your due diligence, if you want to consider leverage trading, remember you can join PrimeXBT and get a 20% Bonus on your first deposit of up to $7,000!

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Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.

AGFI Token to Launch on Bitbulls Exchange on May 20, 2025 at 09:30 AM UTC

By Press Release • May 16, 2025

Agrifi, a trailblazer in blockchain-powered agricultural solutions, is proud to announce the official listing of its native utility token, AGFI, on Bitbulls Exchange. Trading will commence on May 20, 2025, at 09:30 AM UTC, with the trading pair AGFI/USDT. Deposits and withdrawals will also be enabled at the same time. This significant milestone brings AGFI to a broader global audience, giving users the opportunity to participate in a revolutionary ecosystem where blockchain, AI, and IoT converge to power smart agriculture. AGFI: Powering the Future of Agriculture AGFI is more than just a token—it’s the fuel behind the Agrifi platform, which empowers farmers, agri-businesses, and consumers with transparency, automation, and real-time data across the agricultural value chain. From farm to fork, every transaction and data point is immutably recorded on-chain. With AGFI, users can: Access premium AgriFi platform features Participate in blockchain-verified supply chains Stake tokens for rewards and ecosystem governance Facilitate secure, transparent agri-financial transactions Why Bitbulls Exchange? Known for its robust security, advanced trading tools, and user-centric design, Bitbulls Exchange is the ideal platform for AGFI’s trading debut. Bitbulls adheres to global compliance standards, ensuring a safe, intuitive, and scalable trading experience for new and seasoned investors alike. “The listing of AGFI on Bitbulls is a defining moment for the Agrifi ecosystem,” said an Agrifi spokesperson. “It opens doors for global participation in a token economy that’s transforming agriculture as we know it.” “We are thrilled to host AGFI’s listing,” added the Bitbulls Exchange team. “It represents the kind of real-world use case that blockchain needs to scale mainstream adoption.” Launch Details: Token Symbol: AGFI Trading Pair: AGFI/USDT Launch Date: May 20, 2025 Launch Time: 09:30 AM UTC Exchange: Bitbulls Exchange Stay Connected: Facebook: https://www.facebook.com/agrifiofficial Instagram: https://www.instagram.com/agrifi_official/ Twitter: https://x.com/Agrifi_official Website: agrifi.tech | https://bitbulls.exchange/

Echo Launches Worldwide and Starts Exclusive Public Sale for the ECHO Token

By Press Release • May 15, 2025

Echo , a revolutionary centralized crypto exchange, officially launched worldwide on May 15, marking a historical event for the digital asset trading landscape. On the same day, the platform started hosting a public sale for the ECHO token on its website. The team allocated 2% (20M) of the total supply of 1 billion ECHO tokens for this sale in an effort to accelerate the project’s development. Echo is a community-focused centralized cryptocurrency exchange (CEX) seeking to deliver a different user experience than most CEXs. The platform expands beyond the limitations of a regular exchange to build a powerful ecosystem with numerous lucrative opportunities for its users. Echo rewards active participants, whether beginners or professional traders, allowing users to benefit directly from the platform's growth. This innovative approach has enabled Echo to secure $2.5 million in support from strategic investors during the early funding rounds. In the wake of Echo’s official launch, Sam Dorrer, Chief Executive Officer at Echo, commented on the platform’s community-centric philosophy: "Our mission is to create a cryptocurrency exchange that truly prioritizes its users. Echo is designed to be more than just a trading platform—it’s a dynamic ecosystem that fosters long-term engagement and participation." Echo welcomes new and seasoned traders, dividing its services into two convenient platforms - EchoX and Echo Pro. EchoX caters to users taking their first steps in digital asset trading. It provides an intuitive dashboard with easy navigation features and helpful tips. Other supportive features include deep liquidity and high-speed trade execution, which simplify crypto trading for beginners. Echo Pro is more suitable for advanced and institutional traders, delivering a unique experience to insightful users. This platform has a modular design and provides advanced trading tools, such as real-time analytics, market insights, and strategies, to help traders make better-informed decisions. EchoX and Echo Pro users benefit from a minimal fee of only 0.1% per transaction. The ECHO Token The ECHO token is at the center of the Echo ecosystem. It is a real yield token built on Ethereum that features robust tokenomics. Most importantly, it has a fixed total supply of 1 billion tokens subject to a deflationary mechanism. Notably, Echo allocates 10% of the daily revenue from EchoX and Echo Pro to repurchasing ECHO tokens on the open market. It will then burn the repurchased tokens to increase scarcity and drive ECHO’s value in the long run. Holding ECHO tokens gives users several perks: Fee discounts Access to premium trading tools Early access to new services Governance rights Echo is also developing the Echo Foundation, a pool dedicated to funding growth, strategic partnerships, and other governance initiatives. ECHO token holders will have an important say in which projects receive funding through the Echo Foundation. Rewards and Security Another aspect that sets Echo apart from other centralized exchanges is its rewarding approach to users. For example, the platform distributes 50% of the fees generated as stablecoin (USDC) yield daily, ensuring the community is rewarded at the same pace as Echo’s growth. Echo abides by the industry’s highest security standards, ensuring optimal protection for its users and their assets. Some of its maximum safety features include multi-layered encryption, biometric authentication, robust KYC/AML checks, and institutional-grade wallet infrastructure. The Echo Roadmap Echo’s official launch and the start of the ECHO token public sale complete the project's 1st development phase. The rapidly growing Echo community can now look forward to the following milestones on Echo's ambitious roadmap: Phase 2 The introduction of Echo Pro for advanced trading with cutting-edge tools. The expansion of yield generation models, the integration of trading bots, and additional digital asset services. Echo Elite's release is tied to Echo Pro and EchoX. An ECHO Token Initial Exchange Offering (IEO) and a USDC – Echo Trading Pair Launch. The establishment of the Echo Community Foundation. The Community Governance system for the platform Phase 3 Echo will expand into Real World Assets (RWAs) trading, leveraging tokenization to unlock traditional asset classes. Full integration of advanced protocols (e.g., peer-to-contract) to enhance collateralized borrowing and lending capabilities. Neobank Rails that will enable seamless fiat-to-token conversions with integrated banking services Fractionalized Assets & Multi-Class Asset Choices, such as tokenizing commodities, stocks, and real estate Collateralized and decentralized lending and borrowing capabilities through the platform’s peer-to-contract protocol Offshore & Digitized Trust Structures will expand custody solutions via the Echo Elite framework. An Integrated Launchpad supports onboarding promising new projects to further diversify and strengthen the Echo ecosystem. Echo will also open the door to the platform's first tokenized Securities offerings, commodities, property, and private companies. Derivatives Trading Social Trading features Echo Passive Mutual Token Crypto Fund Tokens VISA Cards Phase 4 Full integration of all platform modules Comprehensive Real World Asset (RWA) management and brokerage capabilities About Echo Echo operates as a licensed Virtual Asset Service Provider (VASP) under the Regulatory Framework of the Isle of Man Financial Services Authority. The platform’s partnership with the law firm Simcocks/JurisTrust allows it to offer Trust and Corporate Service Provision (TCSP) - a category that incorporates a PCC. This translates into tax advantages for EchoElite Traders, which means 0% capital gains tax and 0% corporate tax for crypto investments. As a result, EchoElite Traders can keep more of their gains while accelerating the ability to compound their portfolio. The ECHO token public sale is live now on Echo’s website . The event follows the “first-come, first-served” rule, catering to participants who have already completed the registration process. Those who miss out may have to resort to secondary markets, where prices will vary. For ongoing updates and community engagement, follow Echo on X (formerly Twitter) , Discord , and Telegram .

Building a Stronger WEMIX: Strategic Updates for 2025

By press release • May 9, 2025

WEMIX has announced a comprehensive strategy to reinforce the long-term stability of its blockchain ecosystem. This includes a phased coin buyback, new Web3 game launches, and major technical upgrades – each designed to position the platform for sustained growth. Strategic Actions Phase 1 Buyback (Mar 14–Apr 21): Over 10 million coins repurchased (USD 7.5M equivalent) using TWAP/VWAP mechanisms. External auditors have verified the process. Phase 2 Buyback Underway (Announced Apr 22): Targets 20 million additional coins. Results will be disclosed after the program concludes. Upcoming Game Releases: To expand the ecosystem further, new game titles will feature restructured tokenomics and advanced NFT functionality. 2025 System Enhancements: In March, the platform underwent a full-scale maintenance process to reinforce user security and reliability. These steps are part of WEMADE’s commitment to sustainable platform development, transparent ecosystem management, and long-term user trust. About WEMADE WEMADE is a South Korean company with a two-decade legacy in digital entertainment and platform innovation. WEMADE’s WEMIX platform supports a wide range of Web3 services, including token management, NFT operations, DeFi tools, and decentralized gaming experiences, from its roots in online gaming to its current leadership in blockchain integration. The company is dedicated to building resilient systems where players and creators can collaborate and thrive: www.wemade.com .

Principal Protocol Announces Innovative RWA-DeFi Concept with 100% Asset-Backed Valuation

By press release • May 7, 2025

Principal Protocol (PRN) , a new project blending traditional RWA with Defi concepts, has announced an innovative approach to tokenizing real-world assets, including a 100% asset-backed valuation for the projects it offers. The company aims to disrupt the decentralized finance landscape and democratize access to RWA investments. An ongoing private sale for the PRINCIPAL token (PRN) should help fund the project’s expansion and development. Principal Protocol's "Digitized Estates" concept focuses mainly on real estate assets, seeking to eliminate geographical barriers and provide greater liquidity. The project leverages blockchain technology and smart contracts to enable fractional ownership of real estate assets through digital NFT tokens. All PRN projects are tokenized into NFTs and issued to the buyers. The participants then access rewards depending on the RWA asset’s performance and potential returns. Principal Protocol has multiple safety nets in place to protect its RWA projects’ valuations. These safeguards include a bi-annual valuation of each project and a protocol-owned Crypto Reserve of various blue chip coins. This way, buyers can rely on several precautions guarding their participation in a tokenized RWA. PRN will periodically acquire real estate property and structure it into a fixed number of Non-fungible Tokens (NFT). The project will then distribute rewards via automatic airdrops to the NFT holders' wallets every financial quarter. Also, Principal Protocol plans to integrate a DeFi platform, enabling NFT holders to stake their holdings as collateral on Defi platforms and protocols. PRN will place each acquired property project under an SPV company wholly owned by Principal Protocol to ensure actual ownership. Every property will benefit from proper accounting records published quarterly and accessible to the individual project NFT holders via specific channels. Lastly, PRN will distribute individual project net profits as rewards on the blockchain. Principal Protocol believes that its approach rewards participants with perks and benefits that are difficult to find in other projects, such as: Global Accessibility PRN makes participation in global real estate markets available, opening the doors to communities that didn't previously have access to them. Liquidity The project relies on sturdy blockchain for easy token trading, potentially increasing liquidity better than traditional options. Fractional Ownership Principal Protocol lets participants own fractions of high-value properties, reducing the barrier to entry. Transparency PRN's use of smart contracts ensures a transparent distribution of benefits and rewards. Efficiency PRN's seamless blend of RWA and DeFi via blockchain technology creates a secure, decentralized environment. Reduced intermediaries and streamlined processes can lead to cost savings. The PRN Token is the backbone of Principal Protocol and its rapidly growing ecosystem. The team has set a maximum supply of 100,000,000 PRN tokens distributed as follows: Ecosystem - 50,000,000 (50%) Team - 10,000,000 (10%) Advisors - 5,000,000 (5%) Marketing - 5,000,000 (5%) Reserves - 20,000,000 (20%) Private Sales - 10,000,000 (10%) As Principal Protocol scales its platform, it aims to diversify its portfolio, integrate DeFi, and develop a Real Estate Attestation Chain. The latter will enable users globally to double-check the validity and authenticity of title deeds and various real estate documentation on the chain. The project has an ambitious roadmap ahead with several important milestones: Mobile App beta test launch (June 2025) Mobile App launch (July 2025) Defi platform integration (August 2025) Platform scaling (October 2025) Asset class diversification (Jan 2026) Development of Real Estate Attestation Chain (June 2026) Initial Public Offering (Jan 2027) About Principal Protocol (PRN) Principal Protocol aims to bridge DeFi and RWA and democratize access to real estate assets via its Digitized Estates concept. Behind the project is a professional team with solid expertise in relevant industries and areas, including real estate, blockchain, marketing, and entrepreneurship. PRN’s web app beta is currently live at app.prnpl.io . You can contact Principal Protocol here to learn more about the ongoing PRN token private sale: jason@prnpl.io For ongoing updates and community engagement, follow Principal Protocol here: Website , X , and Telegram .