Can I margin trading in cryptocurrencies

Cryptocurrency trading

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You can buy, sell and trade a wide variety of different cryptocurrencies such as Bitcoin, Litecoin, Ethereum and others on PrimeXBT

Trade cryptocurrencies

Access the global cryptocurrency market in minutes, trade the most popular crypto assets and tokens, and take advantage of our award-winning platform to improve your trading results.

Create professional strategies for trading cryptocurrencies with an easy-to-use, customizable chart software with over 50 technical indicators. Enjoy deep liquidity and execute trades with our powerful trading engine, which has an average order execution speed of less than 7.12 ms.

PrimeXBT offers a solid trading infrastructure, reliable software and a user-friendly interface with advanced traditional trading tools for the cryptocurrency space. Trade long and short positions on Bitcoin, Ethereum, EOS, Litecoin and more.

Cryptocurrencies available for trading

Bitcoin is the largest and most popular cryptocurrency on the market today. It was created in 2009 and gave birth to the entire crypto market that we can watch today.

Etereum is the original intelligent contract platform that makes it possible to build decentralized apps on it, which are operated by the token, the ETH.

Like Ethereum, EOS is an intelligent contract platform that has a native EOS token that was originally sold as part of an Initial Coin Offering (ICO).

Litecoin is a volatile crypto asset that can generate significant income for traders who employ successful trading strategies.

Why you should consider trading cryptocurrencies

Trading cryptocurrencies can be a highly profitable experience. Due to the speculative nature of the asset class, the price of digital assets can be very volatile and fluctuate widely within certain time frames. It's not uncommon for cryptocurrencies to go up and down as much as 20% in a single day or week to week.

  • Traders choose cryptocurrencies because of their higher volatility and higher potential profits on successful deals.
  • Most Popular Digital AssetsPrimeXBT offers Bitcoin, Ethereum, EOS and Litecoin - the most popular and liquid cryptocurrencies on the market.
  • Safe Trading Traders can protect their positions against extreme market volatility by using protection orders and they can trade with confidence on a secure platform.

Why trade cryptocurrency on PrimeXBT

  • Deep Liquidity, Powerful Tools Trade cryptocurrencies with our fast, secure and reliable platform. Benefit from high liquidity and a wide range of advanced functions and trading tools.
  • Enjoy some of the best trading conditions out there, with tight spreads and low fees on all cryptocurrency trades.
  • Intuitive, Easy-to-Use TradingCustomize your trading interface with features such as multi-monitor functionality, a range of professional trading tools and 24/7 customer support.
  • Experience a range of different chart types, over 50+ trading indicators, and the ability to execute trades directly from charts.
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How does trading on margin in cryptocurrency work?

If traders decide to take advantage of margin trading for cryptocurrencies, they will essentially borrow funds from the platform to increase the buying or selling power of their trades. Trading on margin means that traders only need to deposit a small percentage of the total value of a position.

In other words, on the PrimeXBT platform, traders can trade positions that are larger than the capital they have deposited in order to increase profitability. Note that trading on margin can increase your potential gain - but it can also increase your potential loss.

The benefits of leverage cryptocurrency trading

  • Increased Profits - Leveraged margin trading allows you to make higher profits if the position moves in the right direction. However, there is a risk that if the trade fails, the losses will also increase.
  • Portfolio Diversification: Thanks to leverage, traders are not forced to tie up too much capital in a trade. This gives you more free capital that you can use in other industries.
  • Leverage allows traders to take advantage of a falling market by taking a short position, meaning that they intend to sell high and buy back low.

Cryptocurrency Leverage: A Trading Example

If a trader shorts 10,000 XRP at 10x leverage and the ripple price drops 3%, the trader makes a profit of 3000 XRP. A similar spot trading with no leverage would only bring in 300 XRP.

Disclaimer: Trading on margin also carries inherent risks if the position moves against the trade. You should never use 100% leverage and never invest more than you can afford to lose.

Get started trading in just 3 steps

  • Create a new account with PrimeXBT in less than a minute. All you have to do is register via email to get started.
  • Fund your account
    Park your funds in your personal wallet. As soon as you have funded your account, you can start trading immediately!
  • Get started trading
    Get full access to our award-winning trading software. Take advantage of low fees and advanced trading features

Questions about cryptocurrency trading

What is cryptocurrency?

Cryptocurrency is one of the most revolutionary technologies of the early 21st century, with an origin story, story and explosion in public consciousness that rivals many other inventions that came before it. In 2008, a research report by an anonymous person or group called "Satoshi Nakamoto" was published. Nakamoto's newly created computer data structure called "blockchain" was based on ensuring that no party had centralized control over the system. As a result, people around the world could transfer values ​​without having to trust each other and without needing any authority to administer the system. This new type of virtual currency was called "cryptocurrency" by its creator. The same research report that described blockchain technology also explained the design of the first cryptocurrency, called "Bitcoin". Although there are more than 3,000 cryptocurrencies in use worldwide today, Bitcoin held more than 90% of the total value of all cryptocurrencies for many years and was one of the few in existence. Today's cryptocurrency has gone from being well known by a limited number of enthusiasts to being a global entry into mainstream finance and public awareness. Over time, the number of people involved in cryptocurrency and the value of the market continue to grow exponentially.

Why has cryptocurrency trading become so popular?

Cryptocurrencies have consistently outperformed all other financial asset classes throughout their lifespan, largely fueling the continued surge in the number of cryptocurrency traders and the amount of investments that are flooding into the global cryptocurrency markets. Trading cryptocurrency can be very lucrative as the inherent volatility of the cryptocurrency markets provides permanent opportunities for executing profitable trades. PrimeXBT provides a secure and reliable platform for accessing global crypto asset markets with a capacity of up to 12,000 orders per second and advanced security features built into our platform, including cold room with multiple signatures, mandatory Bitcoin whitelist and hardware -Security modules with a rating of FIBS PUB 140-2 or higher and the cryptographic hashing of all passwords and the encryption of all sensitive data. The PrimeXBT platform is hosted on Amazon AWS, which has been proven to provide stability and security.

What are the most popular cryptocurrencies?

Cryptocurrencies that offer unique features and solutions with loyal communities around the world and that have had a strong presence in news coverage and social media are fast becoming some of the most recognizable in popular culture.

Bitcoin

Bitcoin has been the largest cryptocurrency by price and market capitalization since its inception in 2009 until today, and remains the most talked about and most popular cryptocurrency around the world. The innovation built into Bitcoin resulted in the cryptocurrency industry becoming what it is today. Bitcoin's price has continued to rise year over year, with Bitcoin's value being over 1,900% in 12 months during the 2017 bull run!

Read the Bitcoin Price Prediction.

Ripple

Ripple is the company that owns and operates the XRP token, one of the top five cryptocurrencies by market cap and a token set to revolutionize the world of banking. XRP promotes transactions in a financial payment network that enables a fast, globally distributed exchange of different currencies. Many major players in the banking sector have teamed up with Ripple and as a result, the price has achieved an ROI of over 2,700% over the past 3 years.

Read the Ripple Price Prediction.

ether

Ethereum is the second largest cryptocurrency in the world by market capitalization and has generated some of the highest ROIs for investors of any crypto asset in existence today. Ethereum with the first cryptocurrency to provide a system that offers much more than just a means of transferring value. Ethereum executes code on its blockchain called “smart contracts” that enables programs to run that can perform a variety of functions.

Read the Ethereum Price Prediction.

Litecoin

Litecoin is the sixth largest cryptocurrency in the world by market capitalization and one of the oldest cryptocurrencies. It will be launched in 2011. Litecoin is referred to as "silver to Bitcoin's gold" because it was created from the same code that Bitcoin executes on. Litecoin's profitability over the years has been one of the cryptocurrency's success stories. Litecoin's ROI during the 2017 bull run was nearly 8,500% in just 12 months.

Read the Litecoin Price Prediction.

What is margin trading cryptocurrency?

Trading cryptocurrency on margin is a type of derivative contract that amplifies price movements. This makes profits far more profitable, but it also increases the risk.

What are the risks of crypto margin trading?

A complete loss of capital is possible for those who have no experience in managing risk. However, the risk can be minimized with the tools offered by PrimeXBT. Never invest more than you can afford to lose.

Why are CFDs useful for trading cryptocurrency?

Trading crypto with CFDs is the best solution overall. Since you don't have to own the underlying asset, you don't have to be bound by volatility. Instead, traders with long and short positions can benefit from it.

How Much Money Do I Need for a Crypto Margin Account?

Bitcoin-based margin trading accounts are available at PrimeXBT for as little as 0.001 BTC in an initial deposit. After making a deposit, users can fund their trading accounts with just a few clicks.
It's free to open an account, and there is no obligation to finance or trade.
Risk warning: Your capital is at risk. Leverage products may not be suitable for everyone. Please note our risk warning