Thoughts on new PrimeXBT exchange with 100x leverage and shorting ??

[cheekwit]

Hi guys and gals,

Wondering if anyone has tried Prime XBT yet? It's a new trading platform that only launched early this year... offers up to 100x leverage on BTC, ETH, LTC, EOS, and XRP - which is a wider range of assets than any other to trade with 100x. 

Looks good, just hoping to hear some positive feedback before I cautiously jump in...

Cheers!!

[CatinAHat]

Hi Cheekwit,

I've only heard of them, not traded there just yet.  But I'm also interested so will look forward to seeing others reply to your query. I've tried 100x leverage on Bitmex but I don't like the platform itself.  Too many errors and was unreliable which as you can imagine is very frustrating when it's your cash on the line...I don't have the time or strong enough nerves for that crap.   

PrimeXBT looks really good and I've seen some excellent reviews.  I would also be keen to use 100x on more than BTC alone... EOS and LTC are my favourites for day trading.

Let me know how you go if you do try it. Good luck.

[jonatrod]

I've been using primexbt since the beginning of march and I highly rate it so far.  The UI is actually the best I've used, it's modern, clean, and just enjoyable and easy. It's also customizable, so you can rearrange the workspace - add or remove shit you do/don't need.
 
Orders execute instantly and the liquidity is awesome.  Not a single problem yet, which is impressive for such a new platform - particularly under the heavy load of trading volume over the last few days with the markets big pump.
 
It's only early days, but I've got nothing but positive feedback so far.