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PrimeXBT looking to expand in Latin America?


As PrimeXBT continues to make a name for itself through word of mouth from top merchants. Gaining additional recognition by taking home prestigious awards, it has quickly spread throughout Europe, Asia and the rest of the world. Apparently, PrimeXBT is now looking to bet on Latin America.

The company recently placed multiple job vacancies in Brazil, Argentina, and Mexico. This appears to be an aggressive expansion in Latin America: its next stop on its global dominance tour.

Interest in Bitcoin and traditional market trading grow in Latin America

Latin America has seen explosive growth in interest in cryptocurrencies like Bitcoin, as well as increased demand for exposure to traditional assets like gold, oil, stock indices, and more. It appears that the company’s strategy is to capitalize on this growing interest in trade and capture market share in the thriving region.

The moment makes sense. PrimeXBT has seen record trading volume since volatility returned to traditional markets in mid-March. More operators than ever before turn to PrimeXBT due to its wide range of over 50 instruments. Meanwhile, there has been a huge increase in interest in both Bitcoin and traditional trading in Latin America.

More Latin American traders have switched from cryptocurrencies to traditional markets since the black Thursday market crash in mid-March. But interest in Bitcoin is also gaining more strength, as shown in the chart below. Highlighting the growth in trading volume on peer-to-peer LocalBitcoins.

, PrimeXBT looking to expand in Latin America?, Forex-News, Forex-News
Volume of Localbitcoins in Brazil weekly. Source:
, PrimeXBT looking to expand in Latin America?, Forex-News, Forex-News
Localbitcoins volume in Argentina weekly. Source:
, PrimeXBT looking to expand in Latin America?, Forex-News, Forex-News
Volume of Localbitcoins in Mexico weekly. Source:

However, traders in Latin America have lacked a Bitcoin-based trading platform that offers cryptocurrencies in addition to the traditional assets they could trust, until now.

Job listings point to PrimeXBT’s global expansion in Latin America

PrimeXBT is an ADVFN award-winning trading platform, which is open globally to all traders. These new job listings mean that marketing, social media, and a strong campaign could soon raise awareness in Latin America, starting with Brazil and Argentina.

Job posts to recruit customer service representatives, who speak your native language, to your 24/7 live chat team add credibility to the theory.

A similar pattern was observed before the platform increased its strength in other regions. First, the rumors start to spread, then job listings appear. Below, merchants across Latin America will share their PnL and referral links like forest fires if the cycle repeats.

Why are Latin American merchants rushing to PrimeXBT for profit?

Traders in Brazil and Argentina will easily gain exposure to Bitcoin and other cryptocurrencies, as well as to traditional markets like gold, oil, gas, Forex, and major stock indices like ASX 200 thanks to PrimeXBT. Not only will there be abundant profit opportunities, but the added value of building a diverse and risk-averse portfolio with a variety of assets is unmatched.

Traditional assets are more volatile than ever, and every listed instrument on the list has seen both record increases and failures in recent weeks. PrimeXBT offers long and short positions so traders can make a profit regardless of how the markets move.

The orders of stop loss they ensure that explosive volatility never leads to excessive capital loss. While profit orders squeeze every last profit point. Built-in charting tools with dozens of the best technical analysis indicators give traders a competitive advantage. Orders can be placed directly by clicking on the graphic for maximum precision.

These powerful tools, when combined and placed in the hands of a skilled trader, can quickly and efficiently raise capital with minimal risk exposure.

Get one step ahead: register today

PrimeXBT offers a 60 second registration process without KYC or required personal information, even for Latin America. Bank-grade security and enhanced encryption protect users’ funds. In addition, they have two-factor authentication, the white list of addresses and more.

After signing up, there are several tutorials, a help center, and a company blog with trading tips to help you get comfortable with the platform. Typically, the next logical step for an operator, after making their first trade, is to visit the platform’s referral program for more information.

An easy to share referral link allows traders to generate a second stream of revenue by referring users to the platform. Each referral earns a commission, and each new user that the referred user registers, also earns the original referral another commission. This goes to four levels of commissions for an exceptionally lucrative program. CPA offerings and an ambassador program are also offered for those with especially big followers.

To complete the solid offering, there is a growing list of innovative tools. For example, a new function called Turbo and another function currently in beta, called Covesting.

Turbo offers ultrafast short-term Bitcoin contracts at 30-second, one-minute, and five-minute intervals, and offers up to 90% profit in 30 seconds. The high-risk, high-reward tool is the perfect way to make a profit when markets are consolidating and in a stagnant trading range.

The investment fund management module is a peer-to-peer asset management system that connects major operators and fund managers with investors, for synergistic benefits. Currently in beta PrimeXBT allows traders to test the tool and start creating a fund before investment is later enabled.

The first funds are already generating more than 300% ROI. This shows the promise of the tool when it is released in its entirety later in the year.

With all of the above, we’ve barely scratched the surface of what PrimeXBT has to offer. Merchants in Latin America will never be the same.

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