You make love, We cut Fees. Valentine’s Day hottest promo is coming

11 Feb, 2020 Updated 11 Feb, 2020

By Achal Arya

Administrator

Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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Great news for all cryptocurrency traders. PrimeBit, one of the world’s leading crypto contracts exchange has just come with an outstanding global promo on Valentine’s day. For 24 hours they cut the fees by 20% for all trades made with PrimeBit. Make sure you don’t miss this unique opportunity to trade. The promotion starts February 14, at 00:00:01 UTC, and lasts until 23:59:59 the same day.

Blockchain and cryptocurrency opened the door to limitless innovation. One of the most recent achievements is PrimeBit, a P2P platform for margin trading contracts for cryptocurrency.

With PrimeBit you get access to a number of Bitcoin accounts. You can fund them with any sum (no minimums), and set different leverage. PrimeBit offers the highest maximum leverage on the market. You can set leverage up to 200x. It means you can buy a contract worth 200 Bitcoins with just one Bitcoin deposit or to put it in a different way, you can open a position worth one Bitcoin at a price of $8,103 with just a $40.52 deposit. That’s nice! Especially if you get easy and fast Bitcoin transfers from anywhere in the world.

Trading with margin means accelerated profit, but also accelerated potential loss. Here’s how it works for the highest leverage available on PrimeBit.

If you want to play it safer, you should use lower leverage. Let’s take a look at a similar trade made with just 10x leverage. In this case, you’ll need a much larger deposit. To open a position worth one Bitcoin you need to have 1/10th of its entry price, which in our simulation is $710.30.

If you’d like to make money on trading cryptocurrency, you definitely have to try PrimeBit. It’s the only major cryptocurrency contracts platform that works with MetaTrader 5 – the world’s leading trading tools.

Give PrimeBit a try using MT5 desktop, mobile apps, or PrimeBit’s MT5 WebTrader, where you can start trading without having to install anything. You can test PrimeBit with a fully functional Demo account or a Live account with no minimum Bitcoin deposits.

The promotion starts February 14, at 00:00:01 UTC, and lasts until 23:59:59 the same day. Go to PrimeBit and start trading on a free live account with no minimum deposits.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.