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PrimeXBT Launches Instant Crypto-to-USD Exchange Platform

Published 2 months ago3 minute read
PrimeXBT Launches Instant Crypto-to-USD Exchange Platform

Castries, Saint Lucia, April 17th, 2025 – PrimeXBT, a regulated multi-asset broker, has launched a new crypto-to-USD exchange functionality, enabling its users to seamlessly convert between USD and major stablecoins directly within their wallets. This update is designed to bridge the gap between traditional banking systems and the digital asset economy, offering faster conversions and greater control over capital allocation.

The new feature allows traders to quickly convert USD into USDT or USDC and vice versa, with transparent pricing that displays the current market rate and the total amount to be received. These stablecoins, along with other supported cryptocurrencies, can be exchanged into over 30 tradable assets, including BTC, ETH, and LINK, without the complexities of navigating order books. Assets can be securely held in the wallet, protected by multi-signature cold storage technology.

PrimeXBT emphasizes that this update provides traders with more flexibility to participate in the market, whether they are exchanging, holding, or preparing to trade across multiple asset classes. The all-in-one brokerage and integrated exchange functionality are designed to empower traders with more control over their capital, unlocking new market opportunities.

In addition to the new exchange functionality, PrimeXBT supports a wide range of payment methods, including crypto networks, local banking options, and international e-wallets. Deposits made in local currencies are automatically converted into USD, streamlining the funding process. The exchange functionality enhances an ecosystem that enables traders to manage and trade across Crypto Futures, MT5, and the broker’s CFD platform, all from a single interface.

PrimeXBT aims to provide a better trading experience by integrating access to both crypto and traditional markets in one environment. Founded in 2018, PrimeXBT has grown to serve over 1,000,000 traders in more than 150 countries, offering easy and secure access to financial markets with industry-leading trading conditions and innovative tools.

Disclaimer: The content provided is for informational purposes only and does not constitute investment advice. Trading in financial products involves a high risk of losing money rapidly due to leverage and may not be suitable for all investors. Past performance is not indicative of future results. It is important to understand the risks involved and consider whether you can afford to lose your money. Some products and services, including MT5, may not be available in all jurisdictions.

In related news, escalating trade tensions between the U.S. and China, including a potential 245% tariff on Chinese imports, have contributed to market volatility, impacting bitcoin and other cryptocurrencies. Coinbase Institutional has suggested the arrival of a "crypto winter," while Semler Scientific is exploring the sale of stock to further invest in bitcoin, despite unrealized losses, as reported on CoinDesk Daily.

From Zeal News Studio(Terms and Conditions)
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