PrimeHolders Review – Get a Solid Start in Cryptocurrency Trading
All deposits made by customers with PrimeHolders exchange are automatically transferred to cold storage.
PrimeHolders
If you have been contemplating the idea of trading cryptocurrencies, then you already know that you will first have to find an exchange or brokerage to get started. Cryptocurrencies are one of the most popular trading instruments these days due to which finding an option is not that difficult. There are a wide array of options to choose from, but it is the choosing part that’s difficult. How do you do that? Every other broker will be making similar claims and at the end of the day, they all blur together. However, there are some that do manage to stand out in this overcrowded market. One such name that you will find is PrimeHolders.
This is a digital assets trading platform that has been designed specifically to help people trade next generation securities and assets. It is owned and operated by BlockEx Ltd, a company that’s based in London, United Kingdom. The platform offers you a very diverse, rich and automated trading package that can help you in earning the kind of profits you want and do it quickly. Isn’t that what has attracted you to crypto trading? Cryptocurrencies are very volatile and their movements can help people in generating excellent returns in a short amount of time.
But, why opt for PrimeHolders? What makes them a good choice? In order to understand this, you need to check out what this brokerage can offer to you:
An Intuitive Trading Platform
The first thing you need to consider is the trading platform available to you because it is the software you use for conducting your trades. Anything too complicated, especially for beginners, will be an automatic turn off. Keeping this in mind, PrimeHolders has developed an intuitive yet simple interface that can let you get started quick and easy. Isn’t that what you want? No one wants to sit around and wait when there are trades to be executed and profits to be made. PrimeHolders has provided its customers with a web-based trading platform that can be accessed from multiple devices that support browsers.
It comes with powerful trading tools and cutting edge technology, which makes it immensely easy to conduct trades. But, this is not where the offerings stop. There is also a mobile-based solution provided for the ease and convenience of the users. It lets you trade on the go, no matter where you are. Cryptocurrency trading has never been so easy as it is with PrimeHolders.
A Diverse Range of Assets
Sure, you want to trade cryptocurrencies, but which one? Many people are drawn to Bitcoin because they have heard the stories about it. Early Bitcoin investors were able to make record returns and lots of people are attracted to Bitcoin for this purpose. Nonetheless, the market has expanded and grown significantly in the last decade and there have been tons of new cryptocurrencies introduced. Your investment doesn’t have to be in Bitcoin only, which is quite costly these days. The problem is that not every brokerage will give you options to choose from.
Fortunately, you will not have any complaints when it comes to PrimeHolders. This digital asset trading platform has incorporated a horde of cryptocurrencies in their asset index. You will be able to choose from Bitcoin, Ripple, Ethereum, Litecoin and many others that are also doing quite well in the market. In this way, you can diversify your investment and increase your chances of earning more.
Low Trading Costs
One of the biggest concerns of traders is the trading costs and transaction fees they will be charged when they are trading cryptocurrencies. PrimeHolders ensures that you don’t have to deal with this headache because they don’t believe in surprising their customers with hidden charges. Moreover, they are upfront and transparent about the commissions they charge. You will certainly be surprised to see that the rates are very low and reasonable, which can make trading a worthwhile endeavor for you. There are no processing fees or any of the various other charges that brokerages are known to take from traders routinely.
World-Class Security
Security issues are a huge risk people have to deal with when they decide to share their personal information or funds online. There have been many instances, especially in the crypto industry, where people had their cryptocurrency stolen or their information compromised because the exchange or brokerage they were using didn’t have appropriate security measures. Understanding this issue, PrimeHolders has made absolutely no compromise in security. Their measures are world-class and they have taken proper steps to protect personal information as well as funds.
When it comes to securing your funds, PrimeHolders has kept their wallet infrastructure separate from the primary platform. All deposits made by customers are automatically transferred to cold storage. The brokerage maintains full reserves for customer funds, which include fiat and digital. Trades on credit are not supported and client funds are kept segregated to ensure they don’t mix with the broker’s funds. Audits are also routinely performed by third parties to prevent any discrepancies.
As for information security, PrimeHolders encrypt all the data that’s entered on their platform. They also perform regular encrypted backups to ensure no information is lost or compromised. There is DDOS protection, IDS and Web Application firewalls and also segregation of duties so a single individual cannot make any changes to the system. In addition, there is also an AML (Anti-Money Laundering) and KYC (Know Your Customer) policy in place for the security of the users to prevent any shady individuals from gaining access.
Conclusion
PrimeHolders has addressed every single need that traders may have when they want to invest in cryptocurrencies. They have a strong customer support department that’s ready to assist traders when they need, they offer copy trading features as well as risk management tools and the sign up procedure of the broker is very straightforward. Their aim is to keep the trading process smooth and seamless and to allow everyone the opportunity of getting a solid start to crypto trading.
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