PrimeXBT Expands Crypto Futures With 101 New Coins
PrimeXBT has rolled out 101 new coins in its Crypto Futures offering, providing diversification options and access to emerging tokens.
Key Takeaways
- The new cryptos include DeFi tokens like LDO, memes like BONK, AI plays like FET, and commission-free options like 1000SHIB.
- All new crypto tokens are paired with USDT and offer leverage up to 1:100 or 1:150 depending on the asset.
- PrimeXBT has added new categories to help traders find the latest tokens, including Payments, Layer 1 & 2, Metaverse and Infrastructure.
Crypto futures are contracts that allow traders to speculate on the future price of a token without actually owning the coins.
You agree to buy or sell a certain amount of crypto at a pre-set date, going ‘long’ if you think the price will rise and going ‘short’ if you think it will fall.
PrimeXBT is offering high leverage on their new crypto tokens, allowing traders to amplify their positions and hence returns. The flipside is that losses are also magnified, so risk management is essential.
About PrimeXBT
PrimeXBT is a crypto broker offering a browser-based platform and mobile app with a strong charting package and an intuitive order panel.
Customizable, it caters to active traders running technical analysis and features a range of order types, including one-cancels-the-other (OCO).
PrimeXBT has been built with short-term traders in mind, offering fast execution and low latency in choppy crypto markets.
New traders can open a PrimeXBT account with no minimum deposit.
