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Introducing PrimeBit, the revolutionary P2P cryptocurrency trading platform

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P2P crypto products platforms attract the attention of both beginners and experienced traders. However, to date, none of them could offer leverage up to 200x. This is twice as much as the maximum 100x margin offered by competitors.

Unique trading opportunity

Due to the high leverage and the absence of minimum deposits, PrimeBit gives everyone a unique chance to use each trading opportunity to the maximum. You can open a position with an initial margin of only 0.5%. This means that you can place an order for $ 10,000 with a deposit of only $ 50!

PrimeBit trades perpetual fixed-value contracts with no expiration dates. When you find a trading opportunity and open the right position at the right time, there are no restrictions on your profit. For example, if you place an order to buy BTC / USD every time the price increases by 1 US dollar, the value of your PrimeBit contract changes by 0.1 mBTC . This can go on forever until you decide to close the position.

An honest way to trade cryptocurrency

Another competitive advantage of PrimeBit is the leading Fair Price indicator and Fair Financing System with an unbiased auto-deletion mechanism. These features make PrimeBit a unique platform that can stir up the cryptocurrency margin trading market.

The platform runs on MetaTrader 5, the leading trading software. The company behind the revolutionary product PrimeBit Ltd. offers an attractive alternative to the popular BitMEX services. An alternative with higher leverage, better user experience and more transparent contracts.

Share of revenue up to 20%

In addition, PimeBit opens up new opportunities for affiliate partners, offering a stunning 20% share of revenue for top partners. All users can share a referral link and earn from each account registered after clicking on it. The affiliate program is based on transparent software for tracking the work of partners in real time. The affiliate program is fully automated.

PrimeBit allows users to trade perpetual Bitcoin, Ethereum and Litecoin contracts. The developers promise to add new cryptocurrencies in the near future.

Additional information about PrimeBit

Features PrimeBit

  • Leverage up to 200x the highest on the market
  • MetaTrader 5 for desktop and web application
  • Fair Price Labeling is a mechanism that allows you to seamlessly trade in volatile assets even with high leverage.
  • No minimum deposits and with full-featured demo accounts for an easy start for beginners
  • No expiration date – trade perpetual contracts with no limits on your profits
  • Fixed cost – a clear pricing model with linear returns
  • Profitable affiliate program with a revenue share of up to 20% and a transparent revenue management panel.
  • PrimeBit Trade Calculator for convenient calculation of the main parameters of orders.

Varieties of Contracts

On PrimeBit, you can trade three types of perpetual contracts – BTC / USD, ETH / USD and LTC / USD. They are valued based on composite indices of Bitcoin, Ethereum, and Litecoin, called fair price (the price is compiled from several external sources).

This contract is calculated in BTC and is quoted in US dollars. Each contract has a fixed price of 0.1 mBTC for a cost of 1 US dollar. This means that every time the price changes by $ 0.01, the contract value changes by 100 Satoshi. The ratio between the contract price and the contract value is linear and does not change along with the contract price.

They are used to calculate the final financing rate. Financing is paid and accepted every 8 hours. PrimeBit does not charge a fee for financing payments.

Should I try?

The above features make PrimeBit a unique platform that can stir up the cryptocurrency margin trading market. To do this, PrimeBit must attract a critical mass of traders. PrimeBit has been open to traders since the end of August, and we predict that some exceptional opportunities may appear in the first weeks of trading. If the trader community learns about the relatively simple mechanics of PrimeBit crypto products, the platform will grow.

Everyone should definitely try, as the growth potential is high, and there are no entry fees.

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Publication date 10/08/2019
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Institutionals bet on bitcoin growth, positions on BTC futures doubled

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One of the indicators that signal a possible change in the price of bitcoin is the number of open futures positions on the Chicago SME exchange.

In October 2019, institutional investors doubled the cost of long positions in BTC futures contracts , the Cointelegraph reports.

Institutional Investors Interested in BTC

According to a study conducted by analysts on October 22, the estimated value of the long positions of institutional investors rose to a value above 1000 bitcoins, compared with data on October 1, when this value fell below 500 BTC.

Data on long-term futures on the CME exchange indicate a turning point in the downward interest of the institutional, outlined in September 2019. The sharp collapse coincided with the launch date of physically delivered bitcoin futures from the Bakkt platform , when interest fell from 1300 VTC to below 500 bitcoins.

Analysts at Skew Markets have additionally indicated that institutional investors include:

"… pension funds, insurance companies, mutual funds and investment portfolio managers."

Such analytical data may indicate the continuing desire of large investors to enter the cryptocurrency market.

Recall, the head of CFTC believes that next year, the market may begin to trade futures on Ethereum (ETH) . He also noted that in addition to Bitcoin and Ethereum, other cryptocurrencies can also be classified as goods.

Publication date 10/23/2019
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Tim Draper believes that Ripple coin is preparing for a sharp increase in

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The investor, Bitcoin bull Tim Draper, believes that the current situation in the Ripple market can be called the “calm before the storm” – in his opinion, in the near future, the XRP rate may suffer explosive growth.

During his communication with the participants of the crypto market at the Quora forum, Draper noted that, given the three-fold increase in the Bitcoin exchange rate over the past 5 months, it can be expected that the Ripple coin will also demonstrate similar behavior.

According to the investor, the price of XRP should have already increased to about $ 0.6 or $ 0.9, taking into account all the latest developments of the project and the conclusion of new partnerships. Draper drew attention to the fact that the project is constantly improving its technology for cross-border payments. Moreover, Ripple belongs to the largest SBI corporation, which includes such a serious company as R3. So, according to the investor, everything indicates that now there is only a “calm before the storm”, that is, a calm before the explosive increase in the value of the coin.

Meanwhile, Ripple is developing further. On the eve it became known about the intention of the project to expand its presence in Washington. Brad Garlinhouse, CEO of Ripple, noted that this step will allow the company to be closer to regulators, to train them on the principle of operation of blockchain technology and cryptocurrencies.

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Opera became the first browser in which the built-in bitcoin-wallet

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Opera web browser developers have added support for TRON bitcoin payments and cryptocurrencies to their application for Android devices, CoinDesk writes.

From now on, Opera users will be able to make payments in Bitcoin (BTC) directly from the digital wallet built into the application and interact with decentralized applications on the TRON network. According to the company, these features can help attract new holders to its cryptocurrencies from its database of 300 million users.

“Most people heard about Bitcoin, and we decided to add its support, as well as introduce a wider group of users to this function ,” said Charles Hamel, head of cryptocurrency business at Opera.

In July 2018, an Ethereum wallet was added to the Opera app for Android. The company explained this decision by its desire to contribute to the development of Web 3.0 and implement the vision of creating a decentralized Internet of the future on the blockchain. Later, the release of a cryptocurrency- oriented browser for iOS and a desktop version with support for a digital wallet took place.

Hamel claims that Opera applications are already optimized for working with Web 3.0, however, the integration of bitcoin required additional resources due to the differences of the first cryptocurrency.

“Bitcoin is a completely different phenomenon, which requires its own infrastructure and has a payment-oriented application scenario,” he added.

Publication date 10/23/2019
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Name Price24H (%)
Bitcoin (BTC)
$7,499.17
-8.76%
Ethereum (ETH)
$159.75
-7.74%
XRP (XRP)
$0.267564
-9.42%
Bitcoin Cash (BCH)
$207.56
-10.43%
EOS (EOS)
$2.67
-10.78%
Stellar (XLM)
$0.059684
-6.15%
Litecoin (LTC)
$48.80
-10.70%
Cardano (ADA)
$0.036432
-8.45%
Tether (USDT)
$1.00
0.09%
Monero (XMR)
$53.35
-8.86%
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