Why the new PrimeXBT iOS app is a must-download trading tool

PrimeXBT iOS App
PrimeXBT iOS App

If you check right now in the Apple App Store for iPhone or iPad, certain apps top the list in terms of what is the most downloaded. There are different lists for different categories, and a split between what is free and what is paid. Regardless of what category or cost, any apps making the top of this list are a must-download for the device.

The development team at PrimeXBT sought out from day one to create a native iOS app that would top the list of the finance category, and become one of the most downloaded trading tools that everyone has to have on their iPhone’s home screen, along with other must-have and frequently used applications.

Now that we’ve gone hands-on – literally – with the all-new native PrimeXBT iOS app, we’re here to report on why it is guaranteed to be topping lists in the Apple App Store in no time, especially with the last leg of the crypto bull run here.

The history of crypto apps in the iPhone App Store

At the height of the last crypto bull market, the United States-based cryptocurrency exchange Coinbase reached the number one place in the Apple App Store, just as Bitcoin price was reaching all-time highs and mania took over. 

Bitcoin price only just blasted off beyond its former all-time high and is back in price discovery mode. That peak could still be months and months away, which gives the new PrimeXBT app time to spread through word of mouth and begin to climb the ladder of hundreds of thousands of apps and competitors. 

It is for that reason we brought up the Coinbase app, which is a decent comparison to what PrimeXBT offers. Coinbase made it to number one, but all it does is allow investors to buy and sell BTC and other cryptocurrencies Ethereum and Litecoin. One of the many advantages of trading Ethereum with PrimeXBT instead, is that profits are amplified using margin accounts.

PrimeXBT Platform

PrimeXBT app beats the competition in cryptocurrency 

PrimeXBT also offers more than just buying cryptocurrencies as part of their instrument lineup. Traders can also tap into all major forex currencies, cross pairs, and minors; stock indices like the Nasdaq, Dow Jones, and the S&P 500; commodities WTI Crude and Brent oil, natural gas, gold, and silver; and more. More trading pairs are always being added.

The most recent addition to the PrimeXBT lineup also puts the range more on par with Coinbase’s altcoin offering, with PrimeXBT now offering Cardano, Dogecoin, Chainlink, XRP, Uniswap, Solana, and Polkadot. All of these assets, both digital and traditional are available from a single, secure account. 

Unlike Coinbase, PrimeXBT offers 24/7 customer support for when something happens to go wrong or if there is a concern or a question. Coinbase is notorious for users having to jump through hoops to reach a human, but each PrimeXBT account is offered a dedicated account manager for personalized service.

iPhone | Cryptocurrencies

How Covesting helps PrimeXBT crush Coinbase

Now here is where the experience begins to really diverge and why Coinbase or any other iOS app can’t compete with PrimeXBT now that the native app has been released. The all-new native iOS app provides access to the Covesting ecosystem, starting with the Covesting copy trading module.

The app has launched some support features, such as the ability to create a new strategy or start a following, however, monitoring a portfolio and performance metrics is possible, and the full feature set will be enabled in a future update. The developers have already built in the infrastructure to easily layer in additional features as they are ready, without having to re-release the application each time.

Covesting lets strategy managers and followers connect to profit alongside one another in a synergistic fashion. Strategy managers hit global markets with long and short positions, and then followers can copy those trades and earn from correctly placed trades. Strategy managers get a cut, while followers get to sit back, relax and keep tabs on strategy manager performance rather than managing positions themselves.

Future innovations and a continuous roadmap of updates

Both PrimeXBT and Covesting are regularly releasing new features and assets for trading. We already mentioned the new altcoins, but there is also a new experience from Covesting with yield accounts. Covesting yield accounts let users earn a variable APY on idle crypto assets stored in a secure PrimeXBT wallet. 

Rewards are paid out as crypto directly to the crypto staking account, compounding returns. Users can start and stop whenever they want, and the tool will provide an estimate based on current market conditions such as volume and volatility. 

The APY comes from connecting directly to top DeFi protocols like Compound, Curve, or Uniswap. Covesting yield accounts, and any new updates will automatically be added to the PrimeXBT native iOS app because the infrastructure to do so is already built.

Cryptocurrencies, digital operation | Digital economy

The PrimeXBT iOS app is available now

The all-new PrimeXBT native iOS app is now available for download in the Apple App Store for free, with no in-app purchases, subscription fees, or anything else. In fact, PrimeXBT is offering users up to $10,000 for using that app. That’s right, there is even a $10,000 bug bounty program offered to users who report bugs based on their severity. 

Users are also invited to provide feedback via the Apple App Store and leave a five star review to support the trading community at large. It also helps to spread the word about the app itself, and help it to rise the ranks compared to other iPhone apps.

In time, the PrimeXBT iOS app will join the likes of Facebook, TikTok, Google, Coinbase, and others that have made the top ten or higher in the App Store. And with Bitcoin’s market cap now worth more than most of these brands, the demand for high quality crypto apps like the PrimeXBT app will only increase from here on out.

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