Cryptocurrencies have had a huge impact in the world of finance and are being regarded as the future of currency. They have also become a very profitable trading instrument, due to which more and more people are flocking towards the market in order to invest in them. To be able to do that, you need access to a platform and this is where brokers come in. There has been a surge in the number of brokers offering cryptocurrencies, but not all of them are able to do a good job of it. That’s why you need to go through Primeholders Exchange review because it will tell you if it is a suitable option or not.
After all, it is a platform that has been especially developed for cryptocurrency trading. Based in London, United Kingdom, BlockEx Ltd. launched Primeholders Exchange to provide people with the opportunity of tapping into the potential of cryptocurrencies. Even though there are a ton of platforms that you can find online, this one has shot up in popularity quickly because it offers a rich and diverse trading solution to everyone. Nonetheless, as you will be trusting them with your money, it is best to take a close look at them and see if they are the right choice. Let’s get started:
Primeholders Exchange’s Trading Platform
The trading platform of a broker is an essential feature because it is what you use for trade execution. It not only needs to work smoothly, but also be easy to use and equipped with the right tools to help you trade with minimal hassle. Every broker offers a different platform, so you need to take a close look to see if what you are being provided is up to the mark. With PrimeHolders Exchange, you will come to know that they have opted to develop their own trading platform, rather than using one of the existing exchanges in the market.
This is a web-based trading platform, which means you access it via the web browser and there is no downloading or installation required. PrimeHolders Exchange has kept the interface and simple and intuitive in order to ensure that beginners and skilled traders alike can use the platform without dealing with a learning curve. The platform offers quick trade execution, allowing traders to take advantage of market movements. Tools, such as price alerts, trading signals, custom indicators, various order types and market analysis have also been added.
The most notable advantage that the platform can offer is its flexibility. Due to its web-based nature, the PrimeHolders Exchange platform can be used on any device that supports a web browser. This means that you can use on desktop PCs, laptops and even mobile devices, allowing you to trade from anywhere.
PrimeHolders Exchange’s Asset Index
As mentioned earlier, PrimeHolders Exchange deals primarily in cryptocurrencies, but the market has expanded rapidly in the last decade. There are more than 5,000 cryptocurrencies that exist nowadays and each of them have a different level of volatility and profitability. Moreover, not all platforms will offer you the option of trading every single crypto that exists, so you need to check the options and see if your preferred ones are available or not. This can save you from disappointment at not finding the crypto you want to trade.
When it comes to the crypto offerings available on PrimeHolders Exchange, you will discover that they have added a ton of these digital currencies. While there is no doubt that Bitcoin is the leading and most popular cryptocurrency, there are plenty of others that can also be equally profitable and rewarding. You will be able to diversify your crypto portfolio with the choice available here, including Ethereum, Litecoin, Bitcoin Cash, Monero, Ripple, Dash and NEO, amongst others.
PrimeHolders Exchange’s Registration Process
You also need to know how you can open a trading account with PrimeHolders Exchange in order to start trading. It is best to look at the process to see if there are any prerequisites that have to be fulfilled. The good news is that they have kept their process quick and simple, which means it will not take you longer than five minutes to get it done. Moreover, you don’t have to worry about any complexities either, as there is only one form that you need to complete.
For your trading account to be fully functional, you will also be asked to comply with the rules of the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies. These entail providing proof of identity via a national ID card, driver’s license or an international passport. Likewise, proof of residence is also needed, which can be provided via a bank statement, utility bill like electricity, water or gas, or a credit card bill.
Along with these features, you also need to know what kind of trading costs you will incur during trading. It is certainly reassuring to discover that there are no hidden costs that you have to deal with. PrimeHolders Exchange is very upfront about their fees and charges and they are offering the most competitive and low spreads in the market. In addition, they also provide their clients with prompt customer support in order to help them in resolving any problems or complaints they may have. The platform has also paid attention to maximizing the security of their clients’ funds and their personal information. It can be a reliable and comprehensive trading solution for anyone who wants to trade cryptocurrencies easily and smoothly.