Category Archives: Crypto

Bitcode Prime Review

What is Bitcode Prime?

Bitcode Prime is a cryptocurrency exchange that has been active since 2014. iFinex Inc. and the Bitcode Prime brand are based in the British Virgin Islands with teams supporting operations in and across all five continents.

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Bitcode Prime offers its users the ability to easily trade over 160 assets including: Bitcoin, Ethereum, EOS, Tron, and Tether USDT with minimal slippage (shrinkage). It has state-of-the-art services for digital currency traders and global liquidity providers, with features such as: spot, margin, and funding markets, a range of advanced order types, and fully customizable apps for web, IOS, and Android.

Bitcode Prime Advantages

Bitcode Prime also cites several other factors as advantages of its trading platform on its website, as shown in the image below.

Bitcode Prime Liquidity

As of the last update of this review (December 2, 2021), 24-hour trading volume has increased to $1.4 billion from $391 million on March 20, 2020.

Range of order types

A pro-suite of order types and tools allows traders to adapt their preferred strategy to any situation, including algorithmic order management.

Margin trading and margin funding.

Bitcode Prime allows users to trade with up to 3.3X leverage by taking advantage of peer-to-peer margin funding. The best available funding rate is automatically assigned for the position, or alternatively, users can enter a funding order themselves to borrow the desired amount at a specific rate and duration of their choice.

Bitcode Prime also offers margin financing. The margin financing market offers a secure way to earn interest on fiat currencies and digital assets by providing financing to traders who want to trade with leverage. Users can offer financing in a wide range of currencies and assets at their desired rate and maturity. In addition, users can use the auto-renew feature to automatically renew offers upon expiration.

Affiliate Rewards

Bitcode Prime offers a variety of affiliate rewards in the form of discounts for new merchant fees and fee commissions, as well as rewards for social media engagement and also developer rewards for API integrations. You can sign up for the affiliate program here.

US investors

Unfortunately, this exchange prohibits US investors from trading on their exchange. So, if you are a US investor and want to trade here, you will have to consider one of the other top crypto exchanges instead.

Bitcode Prime trading view

Different exchanges have different trading views. There is no one “best trading view” either. You should determine for yourself which trading view is best for you. What the views usually have in common is that they all show the order book, or at least part of the order book, a price chart of the selected cryptocurrency, and order history. They also usually have buy and sell boxes. Before you choose an exchange, try to take a look at the trading view so you can see if it feels right for you. Below is a picture of the trading view at Bitcode Prime: