The Apple App store just got another new addition to the growing and trending finance section, thanks to the emerging interest in cryptocurrencies and online stock indices trading: the all-new native PrimeXBT iOS app.
The native PrimeXBT iOS brings the best of the award-winning trading platform’s features to users of Apple’s flagship mobile devices and can rely on them to instantly access global markets no matter where in the world they may be or go.
With the iOS app’s debut nowhere, here is a closer look at what the powerful mobile app offers, what is coming in future updates, and what else the platform has to offer.
Over the years, PrimeXBT has gone through several evolutions, first launching as a cryptocurrency margin trading platform, then eventually adding traditional markets like forex, commodities, and more. A V2.0 platform upgrades added ETH, USDT, and USDC alongside BTC-based margin accounts for greater flexibility for traders.
The platform also began offering a copy trading community through the Covesting module, which has grown and expanded to include yield accounts, COV tokens taking, and many other benefits.
The latest evolution makes the powerful, advanced trading platform available natively through an iOS app for the very first time. It also has enabled Covesting users to access their portfolios to monitor performance.
With plenty of information on PrimeXBT itself out of the way, let’s dive into the app itself and what it offers.
The native iOS app works directly with internal iOS device features, such as Face ID and Touch ID to support biometric authentication during logins. This, combined with the platform’s bank-grade security infrastructure, two-factor authentication, and compulsory address whitelisting, keeps customer funds protected with the highest standards.
Once logged in, the experience really begins and users will immediately feel the difference between the native app and using a mobile web browser to trade. Moving from section to section is much faster, smoother, and more fluid than loading and reloading pages. Swiping and tapping are more intuitive than dragging and clicking.
Users can still access a full watch list of assets, go long or go short, add stop loss or take profits to orders, and much more. Each asset’s price chart lets users add technical indicators to help spot signals, confirmations, or trend changes.
The list of assets is so large, it needs a full section on its own. The primary categories on PrimeXBT are forex, crypto, commodities, and stock indices. In the effort of being an authoritative guide on the new app, we’re including the full list of assets as a bulleted list.
Please note the list is massive and long but is necessary to demonstrate the breadth that is offered all from a single account.
- DAX 30
- S&P 500
- ASX 200
- NIKKEI 225
- FTSE 100
- CAC 40
- IBEX 35
- Brent Oil
- WTI Crude Oil
- Natural Gas
With margin trading well covered, the new PrimeXBT native app will also begin to layer in various aspects of the Covesting ecosystem, starting with the ability to monitor the performance of followings and trading portfolios. In time, the developers will integrate the ability to create a new strategy, manage positions and followings directly, stake COV tokens, and much more.
Future updates will also include access to Covesting yield accounts, which offer as much as 10% APY on idle crypto assets. With so much variety via the native app, it will become a one-stop-shop for traders on the go.
Covesting copy trading will be worth the wait in future app updates. The Covesting copy trading community is where strategy managers and followers connect to earn profits together. The Covesting leaderboards and software make this possible by tracking all strategy manager performance and making it fully transparent to all followers who can then use the data to pick and choose.
Performance data is deep and provides all the win, loss, success, and risk metrics necessary to know who to follow, and who to unfollow when the time comes. There is even a five-star rating system to assist followers with picking winners.
Covesting yield accounts will also make their way, having only just launched themselves weeks ago. Covesting yield accounts connect directly to top Defi protocols to generate up to a 10% variable APY on idle crypto assets staked in a secure crypto wallet.
COV token staking will also eventually arrive as the utility token finds its way into every experience Covesting is involved in, even the future updates of the native PrimeXBT app. COV token staking unlocks Premium, Advanced, and Elite accounts that provide a wealth of benefits for different types of Covesting users and tools.
For example, followers can increase the number of strategies they follow, along with their profit share. They can also eliminate fees on any new followings, which can encourage a safer platform overall by spreading capital across multiple strategies. Strategy managers can get a trading fee discount, and Covesting yield account users get up to a 2x APY boost when staking both COV tokens and idle crypto assets like ETH, USDT, and USDC.
For now, these features will have to wait while PrimeXBT focuses on post-launch bugs in the iOS app. To help with the process and to thank the community for their participation and patience, PrimeXBT is offering a bug bounty program with up to $10,000 in prizes awarded.