PrimeXBT Feature Expansion and Platform Maintenance

PrimeXBT recently expanded its asset offering to include traditional financial instruments in forex, commodities, and indices - in addition to crypto margin trading. It is the first bitcoin-based trading platform to provide this possibility which significantly lowers the barrier to enter into these markets.

Already, PrimeXBT offers the crypto industries highest leverage of up to 100x on all assets, and now is the highest leverage provider across all financial instruments.

As PrimeXBT is a relatively young platform and is continually introducing new features and assets, it is necessary to undergo scheduled maintenance accordingly.

Scheduled maintenance is standard practice and completely normal, particularly in a trading platform’s early stages as an extra precaution to ensure all is working exactly as it should be.

Of course, email notification of any upcoming maintenance is sent out prior in an effort to alert traders so they can be prepared. At any time, the status of the maintenance can be seen at https://status.primexbt.com/ - whether it is upcoming, in progress, or passed. The maintenance duration takes less than an hour (maximum) and on average takes place once every two weeks.

It’s important for to traders to note while the scheduled maintenance is underway, they will not be able to log in to their trading account. Open orders and positions will be maintained, however they may be liquidated after the maintenance if the margin requirements are not met at the time of completion. Open orders may be executed after maintenance completion in case the asset price reaches the order's limit price.

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PrimeXBT has performed without a hitch since its launch in Feb, which is impressive when you consider the load it has been placed under with the huge bitcoin rally thoughout April - May. On average, the platform plays host to more than $500M in daily trading volume - already.

The benefit of PrimeXBT being a newer trading platform can be seen in the enhanced quality of the platform’s technological infrastructure and smooth UI in comparison to competitor platforms, like Bitmex for instance. Traders enjoy fast-acting, reliable, and highly sophisticated strategies and access to unprecedented financial instruments via bitcoin on PrimeXBT.

Scheduled maintenance events are absolutely critical so to sustain this heightened level of user experience, and shouldn’t cause any concern - rather, they should instill faith in the company’s commitment to excellence and delivering the best possible product.

Learn more about the world’s leading leverage provider at: https://primexbt.com