PrimeXBT was launched years ago, and has stayed pace with an aggressive roadmap of continuous innovation. Recent announcements include the debut of Covesting yield accounts, additions to the massive lineup of trading instruments – specifically altcoins – and the latest, an all new native iOS app.
With the launch of the native PrimeXBT iOS application now here, we have put together this easy to use walkthrough taking users through the full experience from start to finish. This guide will also include a look ahead at what is to come to the app via future updates, which PrimeXBT promises will be fast and effortless.
What PrimeXBT Is Known For
Before we discuss the app itself, let’s run down and review what the standard browser PrimeXBT experience has to offer:
More than 50 different instruments from a single account: Asset list includes forex currencies like USD, EUR, JPY, CHF, MXN, and many more; stock indices such as the Dow Jones, FTSE, DAX 30, S&P 500, and more; trade Gold and Silver, as well as other commodities Brent and WTI Crude Oil, or Natural Gas; even cryptocurrencies like Bitcoin, Ethereum, Litecoin, and EOS. The most recent altcoins that were added were Cardano, Chainlink, Dogecoin, XRP, Polkadot, Solana, and Uniswap.
Traders can go long and short on any of the trading pairs, with complete control over their positions using stop losses, take profits, and other advanced order types. Technical analysis and charting software is built-into the price charts of all assets.
Then there’s the Covesting ecosystem that requires a full breakdown all on its own. In short, it’s a peer-to-peer copy trading community that connects strategy managers with followers, who can copy the trades of those who show regular success in the online leaderboards.
What The PrimeXBT App Offers
Shockingly, everything we’ve mentioned that is part of the desktop or browser experience, is also available in the all-new PrimeXBT app. The debut of the app was to eventually bring the full suite of powerful PrimeXBT features to the masses of mobile users natively through an iOS app.
The benefits of the native iOS are instantly noticeable, such as a much more fluid and faster experience overall. There are no pages to refresh or reload, and data is available instantly at a swipe or a tap. Having access to global markets while on the go, and being able to monitor and even manage positions is something most would gladly pay for – but the app is entirely free for users.
The native app has launched without full Covesting support, however, Covesting users can monitor the performance of their followings and portfolios. What is missing for now, is the ability to create a new strategy, or start or stop followings for copy traders.
PrimeXBT iOS App Walkthrough
With a full understanding of what the app offers, it is now time for the walkthrough.
Logging In Or Signing Up
- If it is your first time using the app, you must first login and set a four-digit PIN.
- Users will next be prompted to use the device’s built-in biometric authentication such as Face ID or Touch ID.
- If it is the first time ever using PrimeXBT, users can also get registered and enter their personal information and email.
Managing And Monitoring Accounts
- Once logged in, users will come to a Home landing page, where all of the available wallets are located.
- Here, users can make deposits, withdrawals, view balances, and more.
- Information on any active margin accounts in BTC, ETH, USDT, or USDC are also listed, as well as Covesting accounts and followings for monitoring only.
- In the future, PrimeXBT has promised to include fast and easy updates focusing on rolling out the rest of Covesting features.
- Future updates will include other parts of the Covesting copy trading module, Covesting yield accounts, and COV token staking.
Accounts, Activity, And Customer Service
- At the very top of the PrimeXBT native iOS app, there are three distinct buttons that will open up a window to more options.
- The first of which is dedicated to a user’s profile and account settings. This is also where a user would log out.
- Next, there is an area dedicated to PrimeXBT’s best in class 24/7 customer service support staff, who are always available when needed.
- Users can also access their dedicated account manager for fully personalized service.
- Finally, there is a trading history section where users can view information about past trades, including how much ROI was made on the margin.
Advanced Trading Tools
- The Trade section is the most prominent section of the app and what the experience is all about.
- There is a watchlist with all assets that provides direct access to trading pairs and their current market exchange rates.
- Clicking on any asset will open up a chart, which users can add technical indicators to help find trends and other signals.
- Swiping back and forth between each section is fluid, speedy, and smooth.
- Placing orders is simple and all information is made clear, no matter how advanced the order type or modifications.
- Long and short positions, stop loss levels, take profit targets, and more can be used to fine-tune a strategy.
- Positions can be managed in this area, and be used to build a diverse trading portfolio of digital and traditional assets all using a single account.
How To Get The PrimeXBT App And Learn More Today
The PrimeXBT iOS app is available for download today for free. The company is also offering up to $10,000 as part of a bug bounty program during the first 30 days after launch to help snuff out any post-launch bugs.
Rewards are offered on a first-come, first-report basis, and are awarded based on the severity of the bug report. This means there is a big difference between reporting a small visual glitch and an app-breaking bug.
PrimeXBT has more information on how to effectively report bugs to the team on the company’s official blog, which is also used to make platform update announcements, share tips and guides on trading, introduce new assets, and more.