Ethereum is a major asset today and PrimeBit tells us why. The high volatility of this cryptocurrency offers more opportunities for profitable commercial searches. Last week, ETH rebounded above $ 200 with an intraday gain of 3.5% on Saturday after half. Today continues an upward movement, trading at $ 241 at the time of writing.
While Bitcoin was the center of attention due to the recent Halving, Ethereum (the second largest cryptocurrency) outperformed the king of cryptocurrencies since the beginning of the year. ETHUSD has gained substantially 56% trading at $ 129 on January 1, compared to BTCUSD’s price increase of 38% from $ 7,150 in the same period.
Trading with Ethereum
Ethereum’s volatility makes it a great addition to diversify an investment portfolio. Get easy access to this asset by exchanging ETHUSD contracts online. Speculate on ETH price swings against USD and buy or sell contracts accordingly. Because you capitalize on price movements, you win in both a rising market and a falling market.
ETHUSD contracts can be traded with leverage, which means you can borrow funds to buy or sell on larger positions. For example, if you buy ETHUSD worth $ 10 traded at 100x, you can enter a position worth $ 1000. Leveraged trading means boosted returns.
Meet PrimeBit
PrimeBit is a cryptocurrency exchange platform, where you can trade perpetual contracts (no limit to your earnings) with a fair price and leverage of up to 200x.
PrimeBit is the best place to trade cryptocurrencies, like Ethereum, fairly. You can trade ETHUSD contracts that do not expire at a fixed point value and at a fair price using external benchmarks as bases for stop-loss and stop-outs. The option to trade ETHUSD with leverage of up to 200x will help you generate more profit than you normally would.
PrimeBit WebTrader is easy to use and very accessible. Buy and sell ETHUSD contracts and other crypto pairs 24 hours a day, 7 days a week, anywhere, using your desktop or mobile devices. It has everything you need.
Basic and advanced analytical charts and tools will help you decide on a good trade. Change panels to highlight or hide data as you prefer. MetaTrader 5 Desktop and web versions are also available, so you can trade Ethereum wherever you are.
Test without risks
Use a free demo account when registering to mitigate risks. They provide demo funds so you can conduct simulated transactions using live market data. In this way, you gain first-hand experience of how the trading process works before jumping into live trading.
At PrimeBit, you can win even without trading. Receive great rewards by inviting friends to trade on the platform. Not only do you get up to 20% lifetime revenue share for each referral, but your friend also gets a 10% discount on buyer rates for 6 months.
Discover more earning opportunities on PrimeBit and try trading with Ethereum. Create a free account and start trading today!
