How Crypto Holders Can Now Trade Global Markets on MT5 with PrimeXBT
As the market for Cryptocurrencies continues to grow, new innovations are giving Crypto holders more ways to take advantage of their tokens. One of these is the ability to use digital currencies as collateral for trading...
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As the market for Cryptocurrencies continues to grow, new innovations are giving Crypto holders more ways to take advantage of their tokens. One of these is the ability to use digital currencies as collateral for trading, unlocking access to global markets and new earning opportunities.
PrimeXBT, a regulated global multi-asset broker, is driving these innovations with a massive update to its trading ecosystem. Now, traders can access Crypto Futures, its CFD trading platform, Crypto exchange functionality, and the powerful MetaTrader 5 (MT5) platform, all in one place. Most importantly for Crypto holders, the broker supports both Crypto and fiat as collateral for trading, including on MT5. This means, Crypto holders can experience the benefits and professional-grade tools of the platform, without having to exchange their crypto to fiat. This article will explore how, with PrimeXBT, Crypto holders can now trade global markets on MT5 and the advantages this offers.
Trading Global Markets on MT5 with CryptoCrypto holders have several options when it comes to how they can trade on MT5. PrimeXBT currently supports Tether (USDT) and U.S. dollars (USD) as collateral on the platform. This means, clients that already hold USDT can start trading right away, with no other steps required.
For holders of other tokens, the broker also provides in-built exchange and wallet functionality, with support for 30+ Cryptocurrencies including major coins, like BTC, ETH, USDT, and altcoins, like LINK, POL, SHIB, and UNI. In a few clicks, clients can exchange their tokens for USDT, enabling them to start trading Forex and CFDs on MT5.
Additionally, for those looking to explore more markets, PrimeXBT also offers Crypto Futures trading, where traders can use USDT, USDC, BTC, and ETH as collateral. Those holding other cryptocurrencies can easily exchange them into a supported asset before trading. It’s important to remember though that, as with any trading activity, there are risks involved, so a well-thought-out strategy is key.
Trading with Competitive ConditionsPrimeXBT offers highly-competitive trading conditions across its range of 100+ markets. With spreads on CFDs from just 0.1 pips and fees as low as 0% on non-Crypto CFDs. For Crypto CFDs fees can be as low as 0.05%, while Crypto Futures start from 0.01%. The broker’s cost-effective fee structure enables Crypto holders to explore a wide range of investment and trading opportunities, making the most of their capital.
Analysing Markets with Professional ToolsThe MT5 platform is well-known for the professional-grade tools it offers traders. These include 38+ technical indicators and 44+ charting tools, which can be used to analyse and identify market trends, as well as ideal entry and exit points. It also offers trading automation through expert advisors (EAs), which can be added to the platform to execute orders automatically. With PrimeXBT’s MT5 integration, Crypto holders can now access these tools, alongside a range of others the broker offers including TradingView charting.
Expanding Horizons for Crypto HoldersPrimeXBT’s comprehensive product offering helps Crypto holders explore new asset classes and trading possibilities. The broker continues to introduce innovative features to help empower its clients and support their trading activities across both traditional and digital markets, redefining what it means to offer a “multi-asset” trading experience and lifting industry standards to new heights.
The following product update is already available to clients from a number of Asian and Latin American countries and will be rolled out to additional countries soon.
Start trading with PrimeXBT
Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
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