In 2020, cryptocurrency trading has come a long way from the old, basic and outdated way that traders used to buy and sell cryptocurrencies years ago.

The last few years especially since 2017’s epic bull run has seen floods of new traders pour into the market, and their demand for products that provide higher potential for generating profits has pushed the platforms in the market to innovate and to build the new generation of trading products.

PrimeXBT is now launching its new Bitcoin-settled synthetic contracts platform - Turbo, which allows traders to engage in fast-paced trading, potentially clocking up huge profits in short periods of time in the process.



PrimeXBT Turbo - The Fastest Profits in the Crypto Market

Cryptocurrency Traders have long searched for ways to increase their profitability, and new opportunities that can lead to untapped sources of revenue within the market.

The release of PrimeXBT Turbo signifies the introduction of the fastest way to earn money using cryptocurrency anywhere online, with a potential to generate 90% profits in just 30 seconds.

The process of creating trades is simplified with Turbo, and there’s only a need to select one of 3 time intervals, and either an up or down direction for the prediction.

PrimeXBT Turbo is beginner-friendly in that it reduces the need for a deep knowledge of advanced training principles, and instead makes the profitability of a trade simply whether or not an asset will increase or decrease in value over a given period of time.



How Does it Work?

Setting up your Turbo account and trading with real money can be broken down into a few simple steps:


Explore the Turbo platform for Free

Selected early access users will be provided with demo accounts in order to be able to explore the tools and charting system available with Turbo.

This also allows traders to practice with virtual money, developing strategies that perform well before switching to real funds and generating huge profits from Turbo.

To submit your interest in becoming an early access user, provide your details here.



Add Funds to your Turbo Account

It’s easy to fund your Turbo account with real money and begin trading.

Top up your main PrimeXBT wallet, and then within the Turbo trading interface click on the large blue “Deposit” button on the right-hand side of the screen.

From here you can select how much you’d like to move from your main wallet to your Turbo account.



Select the Duration of Contracts

Bitcoin-settled synthetic contracts all have an expiry which can be set before creating the trade.

In the Turbo interface, find the buttons for 30 seconds, 1 minute and 5 minutes on the right-hand side of the screen and select your preferred duration.

Remember that the shorter the duration of a contract, the higher the potential profit available for correct predictions.



Select the Amount

The size of trades can then be designated after selecting a duration.

Choose the amount that you would like to invest in each contract, and then proceed back to the Turbo dashboard after that.



Initiate Contract

Now you’re ready to launch your first contract.

You can select either an “Up contract” using the green button that says “Up”, or a “Down contract” using the red “Down” button.

Up contracts pay out profits when the value of the asset is higher at the end of a contract than it was when the contract began, and the opposite is true for Down contracts.



Keep an Eye on Contracts, Check Winnings

Your contract will be automatically added to the chart, with the direction of the contract being indicated, as well as the time of expiry.

If your contract is a correct prediction, the amount your invested plus profits will be automatically added into your balance and will be immediately ready for further investments or withdrawal.

PrimeXBT Turbo Compared to Normal Trading

Turbo is a revolutionary new trading system that removes the complexities of normal cryptocurrency trading, whilst substantially increasing the potential to earn high profits in short periods of time.

Similar to traditional cryptocurrency trading, the amount of revenue generated when using PrimeXBT Turbo depends on the fluctuations of various  financial assets.

As well as this, traders can monitor the price trends of giving assets using PrimeXBT’s advanced charting technology, however this is where the similarities end.

Unlike traditional trading where the potential for doubling an investment may take weeks, months or years, traders using Turbo can almost double their money in under 1 minute.

Another deviation from traditional trading is that only two outcomes are possible when using PrimeXBT Turbo: either of the trade is successful yielding high profits to the trader, or the trade is unsuccessful leading to the liquidation of the traders position.

These two differences from normal trading create a different kind of experience for traders, which is much more fast-paced in general, and amplifies the potential for making profit in short periods of time.

PrimeXBT Turbo - Fast Profits, the Next Generation of Crypto Trading

PrimeXBT Turbo gives traders the opportunity to bank the highest profits anywhere in the cryptocurrency industry, and gives us a glimpse of what the future of crypto trading will look like.

Over the coming weeks and months, PrimeXBT Turbo will be gradually rolled out, with early access users being the first to try the new platform.

Following initial testing, Turbo will be released to more and more traders until it reaches full launch and is fully-accessible to all.

If you’d like to be one of the first to try out Turbo and get a free demo account, submit your details at https://primexbt.com/turbo

it's important to be mindful of dodgy STO's taking advantage of ICO's bad rep...claiming to be completely safe because they are under that category. To be clear, I'm definitely not saying STO's are bad, just saying to be careful and don't enter into any investment blind.

Hedge a diversified portfolio of the top performing crypto-assets and never invest more than I can afford to lose (obviously).

ICO's aren't completely dead, but I would say the 'culture' as you put is dead.  There are some quality projects, of course, but there was so much shit that came out of 2017 and naive people taken advantage of...and I think it is those naive people who made up this 'culture'.  Now that lessons have been learned from the past, hopefully it is only the worthy projects that get funding and support - because their value is irrefutable.

It is indeed a good strategy to use in bear markets (on a short), and ideal in sideways trends - as it makes even very small price movements highly profitable.

When margin trading you’re only required to deposit a fraction of your own personal capital (the margin) in order to gain exposure to much larger positions. The margin’s percent is determined by the amount of leverage utilized, i.e. its proportion to the total position size. For example, if leveraging with 100x, the margin will only be 1% (1:100). Simply put, every $1 becomes as powerful and profitable as $100.  If the trade goes against you, all you stand to lose is the initial amount deposited before the leverage was applied and the position increased.  

The risk: with a smaller margin/higher leverage, there’s less room in the market’s movement if it goes against you, therefore a greater risk of losing your initial deposit (margin).  But having allocated less of your own capital you can gear your portfolio and free up funds to put into other investment opportunities with a diversified portfolio. You could even place an opposing trade on the same asset (a short going against a long) to reduce the risk and outweigh the other’s losses.

So far, ‘prime xbt’ is the best exchange to margin trade with adjustable leverage of up to 100x on all of the 5 major cryptos available on the platform (BTC, LTC, XRP, ETH, EOS).

If venturing down this road be sure make use of stop-loss, protection, and OCO orders to manage risk and set clear entry/exit points (also available on primexbt), and be prepared for losses as well as gains.