P2P cryptocurrency contract exchanges are a popular alternative to traditional margin trading. The idea is to exchange derivatives with other members of the community, paying a clear flat fee. There are several crypto-futures platforms available, but one beats the competition offering traders the highest optional leverage. With 200x maximum leverage PrimeBit’s offer is unbeatable.
It’s good to have an option of trading with a high leverage
Margin trading is all about making big profits without risking big money. Leverage allows you to open positions much bigger than your deposit. For example with 10x leverage and $100 deposit, you can make an order (ignoring the fees and spreads) worth $1000.
Sounds great? Of course, there’s a trade-off. If the market goes the other way and you are trading with 100x leverage, your funds may evaporate quickly. Luckily, in this case, you are covered as the downside is limited by the size of your deposit, and the upside is often unlimited.
That’s why it is important to understand, that if a platform is offering a maximum 200x leverage, in fact, you can trade with a different margin on each account. In case of PrimeBit it’s 1x, 2x, 5x, 10x, 25x, 50x, 100x, 150x, and 200x. This leverage is just awesome. You can make a profit instantly, even when the cryptocurrency markets are stagnant.
How is it possible for PrimeBit to offer such high maximum leverage? The crypto contracts trading platform may offer the highest leverage, only if it can provide the best auto-deleveraging system, that closes the position if the margin is too low to cover it.
Where you can get the highest maximum leverage
Here’s the comparison of the highest leverage offered on the most popular cryptocurrencies among margin traders. Let’s take a look at the most popular cryptocurrencies: BTCUSD, ETHUSD, and LTCUSD.
PrimeBit offers the best conditions across the board. However, the runner-up changes depending on the cryptocurrency.
The maximum leverage offered by leading cryptocurrency contracts platforms on October 25, 2019
Bitcoin is obviously the most popular instrument among cryptocurrency contract traders. While PrimeBit offers maximum leverage of 200x on BTCUSD, Binance takes the second place with 125x leverage.
If you want to make a huge profit with minimum deposit BitMEX and Derbit are also ok with 100x leverage. Kraken offers 50x leverage, and that’s it. No P2P contracts margin trading outside of these four.The maximum leverage offered by cryptocurrency contracts platforms on October 25, 2019
Ethereum contracts trading conditions are different. While PrimeBit still offers great leverage, the competitors lower their standards. Binance cuts the maximum leverage by 20% offering just 100x. BitMEX, Derbit cut the leverage by half and offer the same level as Kraken – just 50x.
The maximum leverage offered by cryptocurrency contracts platforms on October 25, 2019
The gap between the platform widens when it comes to Litecoin. While PrimeBit keeps its standard maximum 200x leverage, the Kraken offers the second-best conditions that are four times smaller than those of the market leader. Apart from that, only BitMEX can offer any substantial leverage (33x).
Trade with high leverage on multiple trading accounts
PrimeBit offers the highest leverage. What’s important, you can adjust it anytime on any of your trading accounts. The platform allows you to run up to five active independent live trading accounts. You can adjust the leverage for each one of them.
The best traders can use different leverages to hedge the risk of their cryptocurrency contracts portfolio.
Moreover, trading with higher leverage can help you make a substantial profit during periods of low volatility at the cryptocurrency markets.
Comparing the leverages is the easiest, but of course, leverage is not the only important feature of a P2P crypto derivatives trading platform. There are some other characteristics that you may consider.
One of the most important is the trading tool itself. While most of the companies choose to develop their own simplified web applications, PrimeBit’s team made the effort to connect their trading platform with the global standard MetaTrader 5. This way they gained a substantial competitive advantage, giving their users the most sophisticated trading application that works perfectly on desktop PCs, and mobile devices.
Go to app.primebit.com, sign up for a free account, and give it a try. It’s good to go with the best solution first. If you get used to it, you will have no reason to change it in the future.