Disclosure: This article is for informational and educational purposes only and does not constitute investment advice.
As crypto trading matures, the market isn’t witnessing a simple replacement of one product by another — it’s seeing a broadening of options. Brokers and exchanges are increasingly offering both CFDs and spot markets so investors can pick tools that match their goals and risk profiles. PrimeXBT is among the platforms positioning itself at the center of this multi-asset shift.
CFDs vs. spot: the practical difference
- The core difference remains ownership. CFDs let traders speculate on price moves without holding the underlying token; spot purchases transfer actual ownership, enabling staking, wallet transfers, and on-chain activity.
- That distinction drives usage: spot is typically favored for longer-term strategies and on-chain utility, while CFDs are often used for short-term trading because of overnight costs, swap fees, and leverage risks.
How the industry evolved
- A number of binary-options technology providers pivoted to crypto brokerage services as demand grew. Early on, many clients didn’t spot the fine print and were hit with excessive overnight interest and other hidden costs — mirroring how binary options had previously damaged retail FX markets.
- eToro was among the first to move toward more transparent, client-friendly crypto services. In 2018 it converted leveraged crypto CFD positions into unleveraged physical holdings, prioritizing long-term ownership amid high volatility. Later, as markets normalized, eToro reintroduced selectable leverage and broadened liquidity and counterparty options. That shift helped reduce exorbitant fees but left some users wanting more integrated multi-asset portfolio functionality, according to critics.
PrimeXBT’s multi-asset approach
- PrimeXBT markets itself as a next-generation, global multi-asset broker and crypto-derivatives exchange that addresses those gaps by combining a wide instrument set with competitive pricing and flexible access.
- Key facts and features:
- Offers 350+ instruments across forex, crypto futures, CFDs on indices, commodities, shares, and crypto.
- Supports long and short positions, and features TradingView-backed technical analysis tools.
- No minimum deposit, no commissions, and no fees on deposits or withdrawals; withdrawals are processed in under seven seconds on average.
- Over 100 payment methods covering crypto, fiat, and local options.
- Integrated wallets let users buy, sell, store, and instantly exchange assets across MT5, PXTrader (CFDs), PXTrader 2.0 (crypto futures), and a crypto exchange. PXTrader is planned to be phased out in the first quarter of next year, with crypto futures and CFDs consolidated under PXTrader 2.0.
- Platform tiers are geared to different user profiles — from beginners to high-volume, experienced traders.
- 24/7 support via email and live chat plus an extensive help center.
- Competitive fee structure on futures: PXTrader 2.0 lists a taker fee of 0.01% and maker fees starting at 0.045%, with no fees on selected coins. The platform also claims generally lower crypto-futures fees than several established exchanges.
Where this leaves traders
- As platforms diversify, traders benefit from greater choice: spot ownership for on-chain utility and long-term holding, CFD instruments for short-term exposure and leverage, and multi-asset platforms for portfolio diversity.
- The best platforms balance access, transparency, cost efficiency, and an intuitive interface — letting users move seamlessly between spot, derivatives, and traditional asset classes depending on strategy and risk appetite.
Disclosure: This content was provided by a third party. Neither crypto.news nor the author endorses any product mentioned. Always do your own research before acting on information about trading platforms or financial products.
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