- October 6, 2023
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Barely a month after first launching its Crypto Futures platform, PrimeXBT has already added support for 20 new Altcoin pairs including Dogecoin.
This major expansion demonstrates the exchange’s commitment to rapidly improving its Futures offerings to attract more traders.
Top Altcoins added
The full list of newly added assets includes ADA/USD, ALGO/USD, AVAX/USD, AXS/USD, DOGE/USD, DOT/USD, EGLD/USD, EOS/USD, FIL/USD, FTM/USD, ICP/USD, KLAY/USD, LINK/USD, MANA/USD, NEAR/USD, SAND/USD, SOL/USD, THETA/USD, UNI/USD, VET/USD, XLM/USD, XMR/USD, XTZ/USD.
These pairs join PrimeXBT’s existing Futures contracts for major Cryptos like Bitcoin, Ethereum, Litecoin, Ripple’s XRP, and Binance Coin. With the latest expansion, the platform now covers over 30 top Altcoins.
Some of the newly added assets represent leading Altcoins that have gained immense popularity recently. This includes Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), and Polygon (MATIC). Their addition provides traders with more opportunities to speculate on some of the hottest crypto assets.
Other notable Alts added are Solana (SOL), Avalanche (AVAX), Theta Network (THETA), Elrond (EGLD), and Algorand (ALGO). These represent some of the most promising blockchain projects that traders may want exposure to.
Rounding out the list are smaller cap coins like Sandbox (SAND), Decentraland (MANA), Filecoin (FIL), and Fantom (FTM). Their inclusion caters to traders interested in higher risk, high growth Crypto assets.
Overall, PrimeXBT now offers futures trading for a majority of the top Cryptocurrencies by market capitalisation. This gives active traders wide diversification in the Crypto assets they can trade.
The power of PrimeXBT Crypto Futures
PrimeXBT allows up to 200:1 leverage on Bitcoin and Ethereum Futures. Smaller Altcoins have lower leverage caps, but still range between 30:1 and 100:1. Traders can analyse charts, place orders, and manage positions through the platform’s customisable interface.
Other benefits highlighted by PrimeXBT include low fees starting at 0.01%, deep liquidity, and instant order execution. The company also offers risk management tools like adjustable leverage, and the choice between cross or isolated margin trading.
The rapid expansion of supported Altcoins reflects PrimeXBT’s strategy of aggressively improving its Futures exchange to attract users. When the platform first launched Crypto Futures last month, it only had 8 initial pairs. Listing DOGE, ADA, DOT and 16 other coins in just a matter of weeks demonstrates PrimeXBT’s commitment to expanding assets.
For Crypto traders focused on these hot Altcoins, PrimeXBT is now the go-to Futures destination. The exchange touts easy accessibility for beginners, along with advanced features for experienced users. PrimeXBT is also targeting users of competing Futures exchanges, like Binance and Bybit. Its low fees, high leverage, and growing list of assets could appeal to traders seeking alternatives.
With leverage up to 200:1 and ways to hedge risks, PrimeXBT now offers everything Futures traders would look for. For anyone seeking to speculate on DOGE, ADA, DOT or other Alts, PrimeXBT Crypto Futures likely just became a top choice.
