Prime Advantage is a trading robot that enables users to trade cryptocurrencies easily and with high supposed accuracy. The robot is said to earn its users up to $4k daily from an investment of as little as 250 USD. But is Prime Advantage legit?
We have conducted background checks on this bot, and it appears to be legit. Prime Advantage has excellent reviews from users with most confirming its supposed profitability. Moreover, users praise it for easy to use trading platforms and great customer service.
This review presents facts about Prime Advantage and tips to help you get the most out of it. Read on or go straight to Prime Advantage website by clicking the link below.
What is Prime Advantage? Review Overview!
Prime Advantage is a trading bot founded by a team of engineers and guru crypto traders. The robot relies on sophisticated AI algorithms to trade bitcoin and other cryptocurrencies on behalf of the user. Prime Advantage requires little human input since and hence is an excellent choice for all, including those without any crypto trading expertise.
Unlike most robots, this robot comes as a full package with the underlying broker systems in the background. All trading robots rely on brokers to execute orders and process transactions. Robots are not financial institutions and hence have no legal mandate to receive deposits from the public.
All brokers, in partnership with Prime Advantage, appear to be well regulated. Broker regulation is paramount since it’s a guarantee that your money is safe even if the robot or the broker goes bust. Prime Advantage partner brokers provide leverage of up to 1:4000. This enables users to trade positions worth up to 4000 times their capital.
High leverage dramatically magnifies profitability. The same applies to losses, and hence it is only prudent that you only trade with what you can afford to lose. Prime Advantaguseses risk management features such as Take Profit and Stop Loss to help users minimize risk.
How does Prime Advantage work?
Prime Advantage carries out trading on behalf of the user. The robot does this by conducting trading research and automatically executing the derived insights. As mentioned in the intro, you do not need to know anything about crypto trading to use this robot.
Trading research happens through technical and fundamental analysis. Technical analysis involves studying charts to identify trends that can translate into insights. Fundamental analysis, on the other hand, is mostly about deriving tradable factors from the news.
Prime Advantage uses a subset of Artificial Intelligence (AI) known as Machine Learning (ML) to read charts and come up with tradable insights. The robot analyzes thousands of charts to identify patterns and implements the insights derived from the patterns in a user’s account. Moreover, the bot can do this with a supposed accuracy rate of more than 90%.
When it comes to fundamental analysis, Prime Advantage uses subsets of AI known as Deep Learning (DL) and Natural Language Processing (NLP). These technologies enable it to make meaning of human language and come up with trading ideas. Prime Advantage moves 0.001% ahead of the markets and therefore, supposedly beats the markets most of the times. As mentioned above, this bot relies on brokers to process transactions and facilitate trades.
Is Prime Advantage legit? Cryptovibes findings!
Getting started with Prime Advantage
Trading with Prime Advantage is a walk in the park even for those with no prior trading experience. The robot comes with a comprehensive and easy to understand guide to help you get started. All you need to master to trade with this robot successfully is to read the provided trading guide. Prime Advantage also offers a dedicated account manager to assist the new trader get on track fast. Follow the steps below to start trading with Prime Advantage.
Register on Prime Advantage website
Visit Prime Advantage website and use the presented form to register an account. The process only takes a few minutes. You will need to verify your contact details before moving to the next step. It is also in this stage that you are required to create a password. Prime Advantage provides a guide to help you secure your account.
Deposit as little as 250 USD with the underlying broker
After registration, Prime Advantage redirects you to an underlying broker page to make a deposit. You need a minimum of 250 USD to be able to access the live account. All deposits happen on a partner broker’s page.
Most of Prime Advantage brokers will request for ID verification. You will need to upload both sides of a national ID with a clear photo for verification.
Trade with a highly intuitive demo
Prime Advantage provides a robust demo account for users to test different settings before going live. It is worth going through the demo before starting live trading. The demo should help you get familiar with the features found in the live account.
Prime Advantage demo account simulates real market happenings through historical data. This means that the results you get in demo may be reflective of what to expect in real-time trading.
Live trading is easy if you follow the provided trading guide. All you need is to adjust risk settings and click the live button. While Prime Advantage presents immense opportunities, it is not without risk.
This means that there is a possibility of losing your capital when trading with this bot. It is advisable that you only deposit an amount you can stomach to lose. For beginners, a deposit of 250 USD is enough to test the waters.
You can grow your account by ploughing back earnings or depositing more as you get used to the platform.
How to get the most out of Prime Advantage
You can get the most out of Prime Advantage by implementing the tips explained below. Please note that these tips aren’t a guarantee of profitability.
- Trade for at least 8 hours daily – Open trading sessions from 8:00 to 4:00 ET and let Prime Advantage run unmonitored. We recommend ET time since this is when Wall Street is open. The NYSE is one of the significant drivers of crypto volatility.
- Read the trading guide and start with a demo – A small mistake when setting up trading conditions can lead to devastating losses. You need to familiarize with all the features of Prime Advantage before going live. The trading guide and demo account should help you do this.
- Invest what you can afford to lose – Starting small will allow you the peace of mind to observe how Prime Advantage responds to market trends. This will help you to be in a better position to identify and capitalize on trading opportunities.
- If possible, get a trading buddy – With a trading buddy, you can compare performance and exchange notes on what works best.
Is Prime Advantage legit? The Verdict!
Yes! Prime Advantage is likely to be legit and trustworthy. We have conducted a series of tests on its platforms and verified that Artificial Intelligence powers it. Moreover, this robot is revered by users with most reporting that it is easy to use. You can try Prime Advantage through the link below.
Is Prime Advantage trustworthy?
Yes! Prime Advantage is legit. This review confirms that it is popular among users with most praising it for consistent performance.
How much do I need to invest with Prime Advantage?
A minimum of 250 USD is enough to trade with Prime Advantage. This is the amount you should start with as a beginner.
Is Prime Advantage profitable?
Most reviews indicate that it is possible to earn up to $4k daily from the minimum deposit. Prime Advantage performance depends on the current market conditions, the invested capital and trade settings.
Can I withdraw profits from Prime Advantage?
With Prime Advantage, you can withdraw whenever you want. The bot, through its underlying brokers, facilitates all withdrawals within five hours.
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