PrimeXBT Expands Digital Asset Offering With Solana, Cardano, Polkadot, And More
These days, it is impossible to go anywhere on social media where the cryptocurrency community gathers and not hear about certain trending coins. No longer is the conversation only about Bitcoin, Ethereum, and a select few others, the opportunities around crypto are much more plentiful.
In addition, with market caps in the tens of billions and more, even altcoins now boast sufficient liquidity and trading volume to attract more serious traders and investors. This is why PrimeXBT has taken note and listed seven of the most popular and trending crypto assets to the award-winning margin trading platform.
Move Over Bitcoin And Ethereum, Altcoins Outperform Crypto Market
Bitcoin is the largest cryptocurrency by market cap and therefore is often the coin that most dominates the news cycle and chatter online. Since its inception, Ethereum has outperformed Bitcoin, and the recent DeFi explosion and NFT mania has made the top-ranked altcoin a real contender with BTC.
However, as profitable as these coins have been during their uptrend, it has been a subset of altcoins that have been even more attractive to investors and traders of all capital levels due to their spectacular, life-changing gains.
For example, during the first nine months of 2021 alone, Solana (SOL) has grown by more than 15,000%. Dogecoin (DOGE) saw similar results to kick-start the year. Cardano (ADA), another trending coin, especially during the lead-up to the launch of smart contracts and the Alonzo hard fork, also saw explosive growth.
PrimeXBT Responds To Market Demand By Listing Seven New Altcoins
With heads turning toward these altcoins and traders cashing out their Bitcoin and Ether for today’s biggest fundamental altcoins, PrimeXBT has responded to this growing market demand and has listed seven new crypto assets for trading.
Joining an already massive list of more than 60 trading instruments, including forex, crypto, commodities, stock indices, and more, comes altcoins Solana, Polkadot, Cardano, Dogecoin, Uniswap, Chainlink, and XRP. Each of the listed altcoins trades against USD, with select pairs available trading against BTC.
Why Listing SOL, DOT, DOGE, ADA, And More Matters
Traders who already take advantage of PrimeXBT’s professional trading tools, built-in charting software, the ability to access both traditional and crypto markets from a single account, personalized service with dedicated account managers, the highest level of asset protection, advanced order types, and the Covesting copy trading module, can now trade synthetic contracts on SOL, DOT, LINK, ADA, DOGE, UNI, and XRP. No longer do traders have to juggle multiple platforms to access all of the most profitable trades in the market. With PrimeXBT’s one-stop-shop, all of these assets and much more are packed under one roof.
Moreover, PrimeXBT is home to the Covesting copy trading module. By accessing these new trading pairs and crypto assets, strategy managers can now churn out even more ROI and total profits from markets. These tools are just some of many of the constant innovations that PrimeXBT is known for, which will soon feature the upcoming Covesting Yield Accounts system – an APY generating tool that connects PrimeXBT users with top DeFi protocols.
According to an official blog post from the company, the new assets are already live and trading as of the time of this writing, so unlike Yield Accounts, there is no waiting involved to access the latest altcoins using the advanced, award-winning multi-asset margin trading platform, PrimeXBT.
Published By : Yahoo! Finance