Is PrimeXBT a Safe Place to Trade?
PrimeXBT burst into the cryptocurrency market in early 2018 and brought with it a wide range of new features and next-generation tools that were part of a wave of sweeping changes in the cryptocurrency industry.
Like with many other prominent cryptocurrency trading platforms, new traders and investors would like to understand PrimeXBT better, and know whether the platform is safe to trade at.
In this guide we're diving into what PrimeXBT actually is, the services and tools the platform provides for users, and whether or not PrimeXBT is safe.
Traders Worry About Unsafe Trading Platforms
Unlike most other industries, the cryptocurrency industry has a history of large numbers of scams and targeting from hackers and other malicious groups.
This is partially because of the unregulated nature of the cryptocurrency industry, and also partially because of the anonymity which hackers can enjoy by stealing cryptocurrency.
Although this was a much more significant problem in the earlier days of cryptocurrency, it is still a major concern for new traders especially when they assess different platforms in order to select where to trade her.
PrimeXBT is the Fastest Growing Major Crypto Platform in 2020
While the cryptocurrency market has expanded a lot over the past few years, the growth in the size of the market has been massively outpatient by the growth witnessed by PrimeXBT.
PrimeXBT launched just over two years ago with a waitlist or more than 150,000 traders and investors, and since launch has grown to becoming the largest multi-asset margin trading platform online, managing up to $2 billion worth of global trade each and every day.
The exponential growth of PrimeXBT has been fuelled by the platform’s relentless release of unique and powerful tools that provide advantages to cryptocurrency and traditional asset traders alike.
Bank-Grade Security Protects the Funds of Users
PrimeXBT has implemented industry-leading security measures since the inception of the platform, and this has ensured that throughout the past few years it has never been hacked or breached at all.
The kinds of features that are implemented on the platform are mandatory Bitcoin address whitelisting and cold storage of digital assets with multi-signature technology.
Unlike other major cryptocurrency trading platforms which were hacked in the past few years, PrimeXBT has never been hacked and is known for being a safe platform that uses advanced features in order to protect the funds of users and the integrity of the platform.
In Conclusion: Is PrimeXBT a Safe Place to Trade?
Unlike any other industry, the cryptocurrency industry has had to deal with large numbers of scams, hacks, and other malicious activity, and this has largely been as a result of the distinct advantages that hackers have by targeting cryptocurrency users.
PrimeXBT is one of the fastest growing cryptocurrency trading platforms in the past two years, and implements bank-grade security measures throughout the platform in order to protect traders and their funds.
To learn more about PrimeXBT, the security measures that are implemented at the site, and the wide range of features and benefits of trading at PrimeXBT, check out this link.