The platform already has, among its list of assets, the recognized tokens of Cardano, Polkadot, Uniswap, Dogecoin, XRP and Solana
PrimeXBT, an award-winning multi-currency trading platform offered by forex, cryptocurrencies, stock indices, commodities and more under one roof, advertisement the launch of seven of the largest assets on the market.
Even if Chainlink has taken a back seat to other currencies such as Solana, Polkadot o Cardano in recent weeks, the altcoin It has remained the top performing cryptocurrency for the past few years since its debut. It has made more cryptocurrency investors and traders wealthy in that time period than even Bitcoin o Ethereum.
That moment may soon arrive again, with the official debut of the altcoin on the award-winning platform. PrimeXBT. With a new wave of traders ready to take a long or short position in the trading pair LINK/USD, now everything is possible.
Here’s more information on the most recently added assets at PrimeXBT, which includes seven altcoins in one of the most extensive asset updates the platform has had since its inception. We also further break down why Chainlink It might be ready for a second push.
Chainlink has remained the top performing cryptocurrency for the past few years since its debut
PrimeXBT Announces Seven New Altcoin Assets
This week, PrimeXBT announced new asset listings, including the well-known tokens of Cardano, Polkadot, Uniswap, Dogecoin, XRP, Solana y Chainlink. Total, they launched ten new trading pairs to the masses of traders who call the advanced trading platform home.
Unlike what is already available in the crypto space, PrimeXBT offers tools for both professionals how to beginners, which anyone can use to their advantage. They can take long and short positions, advanced order types, integrated technical analysis software, the Covesting copy trading module and much more.
Other competitive advantages offered at PrimeXBT include live customer support 24/7, service personalized with dedicated account managers, the ability to access crypto and traditional markets from a single account, the highest level of asset protection, a free smartphone app, and more. The company and its partner Covesting are always innovating and releasing product updates and new services.
These altcoins are available for the margin trading with leverage up to 1:20, using margin accounts based on BTC, ETH, USDC or USDT. The Covesting Strategy Managers they can access the same altcoins but with a leverage of up to 1:10. A post on the company blog provides more information and details.
PrimeXBT provides 24/7 live customer support
Why Chainlink Could Be The Most Important Coin Offered
Although Chainlink is among the newly listed assets, which include some of the more consolidated assets, it is Chainlink that has the most influence. And while other coins on the list are hitting new all-time highs currently, Chainlink is back on accumulation mode after setting such highs ahead of the rest of the market.
As a market leader, when the trend fully recovers, few coins will benefit as much as LINK. The reason is that the blockchain protocol is also a leader in its category. The decentralized oracle network provides tamper-proof data to support smart contracts on any blockchain.
Cryptographic testing ensures data is highly accurate and greatly expands the capabilities of smart contracts. This tamper-proof data prevents market manipulation and other discrepancies that could hurt investors.
Chainlink Price Feeds, for example, feed the protocols DeFi with high-quality on-chain data to ensure more accurate pricing for cross-chain collaterals and other solutions. The feeds from Chainlink Proof of Reserve They allow developers and users to confirm that the backed assets they are considering are properly backed by the collateral they claim to have.
This incredible technology was recognized with the Pioneering Technology award in 2020 by the World Economic Forum.
Trade LINK, DOT, SOL, ADA and more with PrimeXBT
From the bottom of the Chainlink bear market to its all-time high, the cryptocurrency has recovered more than 30.000%. After a slight setback it had with the rest of the crypto market, Chainlink has returned to a Return on Investment (ROI) of 17,000%. Will Chainlink make up lost ground and even something else? Or has a bear market started and LINK will soon fall further?
With the possibility of PrimeXBT from take long and short positions, the direction the market takes does not matter as much as the volatility, which makes the roller coaster of Chainlink is a potentially profitable. With the asset added along with DOT, DOGE, ADA, UNI, XRP, SOL and other crypto assets and traditional, traders can now build an even more diverse portfolio using PrimeXBT.
The latest listing is part of a series of positive news coming out of the company, from Covesting’s strategy managers, getting their followers to surpass a million dollars in just a few weeks, to a full platform update. With new assets at their disposal, strategy managers have even more opportunities to make those dreams come true.
As part of the ongoing innovation roadmap, the next major upgrade will be the system Covesting Yield Account that offers a APY unprecedented in idle crypto assets. The new tool is coming in just a few weeks right now and we can’t wait to see what’s next.
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PrimeXBT adds Chainlink, one of the best performing crypto assets on the market