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PrimeXBT announced that traders can use cryptocurrency as collateral to access a range of traditional financial markets, including forex, commodities, indices, and shares, without the need to convert to fiat currency. The platform supports over 250 instruments and offers crypto-based margin trading across its available tools.
PrimeXBT has detailed a service that allows users to use cryptocurrency—including BTC, ETH, USDT, and USDC—as collateral to access over 250 traditional financial instruments across forex, commodities, global indices, and individual shares. According to the broker, the platform supports instant crypto deposits with no conversion to fiat required, competitive spreads starting from 0.1 pips, and offers up to 1:2000 leverage through its PXTrader 2.0 and MT5 platforms.
The service operates under multiple regulatory frameworks and uses Fireblocks custody with segregated funds and negative balance protection. No time-limited promotions or additional campaign details were announced in connection with this product update.
PrimeXBT is a broker that offers trading in Forex, cryptocurrencies, commodities, and indices, with leverage options up to 1:2000. The platform provides demo accounts, educational resources, market analysis, user-friendly mobile trading apps, and supports deposits and withdrawals in both crypto and fiat. To learn more about its key features, regulatory coverage, and available account types, see the broker profile on Traders Union.
In our earlier news about PrimeXBT, we covered a contest inviting users to answer a question about Ethereum trading below $1,000 for a chance to win prizes. For more details, see the previous PrimeXBT update on Traders Union.