PrimeXBT, an award-winning trading platform which offers many crypto coins, forex and stock indices, commodities and more under one roof, announced the rollout of seven of the biggest assets in the cryptocurrency market today.
Since our platform was first released, it has always been a platform that offers crypto coins built on a solid traditional market foundation. When crypto coins were traded sideways, introducing synthetic contracts into conventional assets like forex, commodities, stock indices, and more was a logical fit.
As the crypto coins industry itself matures, PrimeXBT’s next evolution refocuses on its early roots in crypto space. We are proud to reveal that new crypto-assets and altcoin trading pairs have been added to our advanced multi-asset margin trading platform and are now immediately available to everyone.
Introducing PrimeXBT’s newest cryptocurrencies
The crypto ecosystem has changed significantly over the last year and more. Notably, the amount of altcoins with adequate liquidity and trading volume grew substantially. As such, PrimeXBT has listed the following digital assets and trading pairs:
Cardano (ADA) is a decentralized, open source blockchain platform created by Charles Hoskinson that uses a consensus proof-of-interest algorithm. The popularity of Cardano has grown recently, leading to the hard fork Alonzo, which includes the launch of Plutus Smart Contracts. Cardano has been listed for trading as ADAUSD and ADABTC trading pairs.
Chainlink (LINK) was among the best performing crypto assets of recent years, outperforming Bitcoin and Ethereum in ROI. Chainlink is a decentralized Oracle network designed to facilitate the transfer of tamper-resistant data to smart contracts in the chain for the most accurate price. Chainlink has been listed for trading as the LINKUSD trading pair.
Dogecoin (DOGE) is an open-source proof-of-work crypto coin that uses a greener crypto coin technology than Bitcoin. The coin initially started as a joke based on the “Doge” meme with Shiba Inu. No longer a laughing matter, Dogecoin is now in the top ten crypto coins by market value, commands over $30 billion in market capitalization, and has the backing of companies like Elon Musk. Dogecoin has been listed for trading as the trading pair DOGEUSD.
Polkadot (DOT) is another betting proof coin that offers a fragmented multi-chain architecture that enables cross-chain interoperability across any and all blockchains. Polkadot not only allows tokens or coins to be transferred between blockchains, but all kinds of data to create a huge blockchain network similar to the one on the Internet. Polkadot has been listed for trading as DOTUSD and DOTBTC trading pairs.
Solana (SOL) calls itself the fastest blockchain globally, with up to 50,000 transactions per second. Solana is flourishing in an active ecosystem that could realistically compete with Ethereum, complete with DeFi, NFTs and untouchable speed. Solana has been listed for trading as the trading pair SOLUSD.
Uniswap (UNI) is the governance token for the automated market maker and decentralized crypto currency exchange platform, Uniswap. UNI allows token holders to participate in decision-making that can impact the platform’s operations. Uniswap has been listed for trading as the UNIUSD trading pair.
XRP (XRP) is the native crypto coin of the Ripple blockchain protocol, launched by parent company Ripple. XRP has long been among the most respected crypto coins, yet polarized, and has already been ranked second by market value, just behind Bitcoin. XRP has been listed for trading as XRPUSD and XRPBTC as trading pairs.
How to access new assets and trading pairs
PrimeXBT users can visit the margin section of the dash-board to access any of the new or existing assets and trading instruments listed. Just find each new trading pair and open the chart, add it to a watch list and more. The buy and sell positions for each new altcoin trading pair will be added to a trader’s portfolio along with Bitcoin, Ethereum and traditional assets like forex, S&P 500, gold or oil.
The complete list of trading pairs includes:
The unique trading pairs of each asset are also included in the analysis section on PrimeXBT and have been integrated into the reporting section and other key areas. This also consists of the Copytrade Covesting module, which means strategy managers can also trade these currently rising currencies to add to their growing total profits listed on the Covesting leaderboards.
All new crypto-assets are available with up to 1:20 leverage when trading on margin and up to 1:10 leverage with a Covesting Strategy Manager account. Be sure to check the PrimeXBT website for the most up-to-date information on rates and trading conditions.
Conclusion: Why traders should try new trading pairs
In the past, we have brought continuous innovations to the market and we await the roadmap ahead, which includes the launch of new experiences, such as Covesting Income Accounts.
Our customer-focused approach ensures that we constantly review customer feedback, market trends and more, and use information to strategize our next move. This could be improvements to the Covesting module, an updated user interface, new deposit options or, as this latest update showed, new altcoin assets that show strong market demand.
The latest addition to the already huge list of trading instruments on PrimeXBT leaves no opportunities behind and offers even greater options for professional grade portfolio diversification. If you are not yet registered on the most advanced trading platform on the market, sign up today and try our newly listed trading pairs in Cardano, Chainlink, Dogecoin, Polkadot, Solana, Uniswap and XRP.