The Elite PrimeXBT margin trading platform has established a strong bulwark in the Brazilian trading community. The full range of cryptocurrency-based products and services is available throughout the Latin American region, allowing for a significant improvement in financial services in major countries.
The growing demand for high-performance trading and investment tools in Brazil has led to an increase in new user registrations on PrimeXBT. Besides the amazing growth of new Brazilian cryptocurrency users, the influx into the trading platform is nothing short of amazing.
Here are all the many reasons why Brazilian bitcoin traders continue to choose the award-winning PrimeXBT trading platform.
Brazil is growing as a global center for investment and trade
While the rest of the world suffered a year of losses in 2022, Brazil’s Ibovespa finished the year up 4.7% in SAR, making it the most successful basket of stocks worth over $500 billion in market capitalization for the full year.
Brazil is rapidly becoming a center for global trade and investment. Brazil is also ranked in the top five countries in terms of the most prominent number of cryptocurrency users, behind only the United States, Russia, and Nigeria.
It is estimated that Brazilian bitcoin traders make up to 5% of the total number of cryptocurrency traders in the world. The trend path suggests that adoption has a lot to go, but a lack of previously available platforms has prevented these numbers from reaching their true potential.
Get access to bitcoin, gold, oil, forex and more in one place
While bitcoin traders from Brazil choose PrimeXBT as their favorite platform for trading bitcoin, they can also access long and short positions in dozens of altcoins, gold, oil, silver, forex and many of the best stock indices from around the world. the scientist.
This means that Brazilian bitcoin traders can also hedge positions or build a portfolio of digital and traditional assets. Over 100 different trading instruments are available to choose from, ensuring that no market is left behind.
Deposits are accepted in BTC, ETH, USDT, USDC or other popular cryptocurrencies, so there is no need to sell the coins – instead, use them as collateral to access a wide range of financial services.
Consider copy trading versus one-time market exposure
PrimeXBT also includes a variety of services that cannot be found anywhere else on other platforms in Brazil. For example, Covesting’s copy trading module is a unique experience designed for PrimeXBT by a licensed and regulated fintech developer in Europe called Covesting.
The community is active, always reaching new milestones and achievements, with our Senior Strategy Managers generating up to 4000% ROI over the past year.
Earn free trading capital and learn from the best bitcoin traders
Bitcoin traders in Brazil can also use the platform to get a head start in the markets with little or no startup capital. For example, beginners can learn from a large number of educational materials offered by PrimeXBT Trading Academy.
As skills develop, traders can compete in risk-free weekly trading contests using PrimeXBT contests and potentially win some free capital if they are victorious. It is also an ideal place to practice trading without the risk of accumulating losses.
There are more features, most of which are available through our robust desktop website and our award-winning mobile app for Android and iOS devices.
With Brazil accelerating as a financial center and stock index showing a more robust economy than other countries, Bitcoin traders are demanding a reliable platform on their side.
Combined with the always-on companion app, staying connected to the global markets is always possible with PrimeXBT.