TAAL Reports Third Quarter and Nine-Month 2020 Financial Results & Announces Chris Naprawa as Interim CFO 6163

TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”) a blockchain infrastructure and service provider, today announced its financial results for the three and nine months ended September 30, 2020 (“Q3-2020”). The Q3-2020 unaudited interim financial statements and related management discussion and analysis (“MD&A”)  are available for review on the Company’s SEDAR profile at www.sedar.com. TAAL reports all amounts in Canadian dollars, unless otherwise stated.

Q3-2020 Highlights

  • Company had $12,993,341 million in working capital at the end of September, 2020.
  • Completed the acquisition of WhatsOnChain Limited (“WhatsOnChain”), accelerating TAAL’s strategy of becoming a leading provider of enterprise blockchain infrastructure services.
  • The establishment of a European office in Zug, Switzerland, a leading technology hub in Europe.
  • Filed second patent for L0 token technology to enable smart contracts to be built on Bitcoin SV which will facilitate an expansion of the fee market available to TAAL.
  • Increased liquidity to U.S. investors with upgrade to OTCQX.
  • Entered agreement to establish 175 PH of custom computing capacity in a trusted North American environment to power Bitcoin Satoshi Vision (“BSV”) transaction solutions for global enterprise clients, subsequent to the quarter end.
  • Completed management and senior executive appointments; Stefan Matthews as Executive Chairman and CEO, Chris Naprawa as President and Interim CFO following the departure of Satoshi Kitahama, and Jerry Chan as CPO, subsequent to the quarter end.
  • David Allen, a seasoned finance executive with Fortune 250 Canadian companies and former VP, Corporate Controller at Canada Goose Inc. retained as financial consult

Financial Highlights for the Three and Nine Months Ending September 30, 2020

  • Gross revenue from operations generated $245,629 for the three-months ended September 30, 2020, as compared to $7,380,758 for the same period in 2019, which decrease reflects the suspension of digital asset hashing operations in May 2020 in advance of the halving. This resulted in gross revenue of $7,854,585 for the nine months ended September 30, 2020, as compared to $11,685,385 for the same period in 2019, which decrease reflects the suspension of hashing operations in 2020 partially offset by fleet management revenue.
  • Operating expenses totaled $4,965,786 for the three months ended September 30, 2020, as compared to $1,446,645 for the same period in 2019. The increase in expenses is largely attributable to one-time impairment charge related to blockchain computing equipment of $2,444,857 recognized in the quarter, as well as management fees, salaries and wages of $1,455,820, office and administration of $331,631, and share-based payments of $255,955 compared to $322,388$143,643, and $230,605, respectively, for the same period 2019. The increased expenses reflect the continuing investment in the team to deliver the new business line, including the transition to transaction processing, and the delivery of other value-added services for enterprise clients. For further information regarding the impairment charge, see the Company’s interim financial statements for the period ended September 30, 2020.
  • Net loss of $5,928,027 for the three months ended September 30, 2020, as compared to a net loss of $756,603 for the same period in 2019. Net loss of $9,120,930 for the nine months ended September 30, 2020, as compared to a net loss of $1,928,212 for the same period in 2019.
  • Working capital of $12,993,341 as of September 30, 2020, providing liquidity for at least the next 12 months.

Management Commentary

“In Q3-2020 the Company maintained a strong working capital position, allowing us to service clients and develop our infrastructure in North America and Europe, including closing the acquisition of WhatsOnChain in the UK, opening a TAAL EU office in Zug, Switzerland and subsequent to the quarter, strengthening our leadership team in Canada with the appointment of Chris Naprawa as President. Chris also takes on the role of Interim CFO with the departure of Satoshi Kitahama. These are important achievements which further our capacity as a first-mover in providing trusted blockchain infrastructure services to a growing global enterprise market,” comments Stefan Matthews, TAAL CEO and Executive Chairman.

Management Appointments Subsequent to the Quarter

The Company made various appointments and/or changes to its senior management and executive team subsequent to the quarter, which the Company believes have strengthened its financial, capital markets, product development and global commercial capabilities:

–  Stefan Matthews to Executive Chairman and Chief Executive Officer
–  Chris Naprawa to President, and Interim Chief Financial Officer
–  David Allen to Senior Financial Consultant

Mr. Naprawa, with the assistance of Mr. Allen, has also assumed the function of Interim CFO following the departure of former CFO Mr. Kitahama, who left the Company as of November 24, 2020.

About TAAL Distributed Information Technologies Inc.

TAAL Distributed Information Technologies Inc. delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the BSV platform, and developing, operating, and managing distributed computing systems for enterprise users. The Company is led by an experienced management team, Board and Advisory Board members that include entrepreneur and BSV advocate Calvin Ayre, and renowned computer scientist and visionary Craig Wright.

Visit TAAL online at www.taal.com

This press release has been reviewed and financial content approved by the Company’s Audit Committee of the Board of Directors.

The CSE, nor its Regulation Services Provider, accepts no responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain statements included in this news release constitute “forward-looking information” as defined under applicable Canadian securities legislation. The words “will”, “intends”, “expects” and similar expressions are intended to identify forward-looking information, although not all forward-looking information will contain these identifying words. Specific forward-looking information contained in this news release includes, but is not limited to statements regarding: TAAL’s strategy and vision; the expansion of the free market available to TAAL; TAAL’s future business success; and TAAL’s ability to provide trusted blockchain infrastructure services globally. These statements are based on factors and assumptions related to historical trends, current conditions and expected future developments. Since forward-looking information relates to future events and conditions, by its very nature it requires making assumptions and involves inherent risks and uncertainties. TAAL cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from expectations. Material risk factors include, but are not limited to: global pandemics, including the affects of COVID-19; the future acceptance of BSV and other digital assets and risks related to information processing using those platforms; TAAL’s ability to leverage its intellectual property into viable income streams; and other risks set out in Item 20 – Risk Factors of TAAL’s Form 2A – Listing Statement dated July 31, 2018 and elsewhere in TAAL’s continuous disclosure filings available on SEDAR at www.sedar.com. Given these risks, undue reliance should not be placed on the forward-looking information contained herein. Other than as required by law, TAAL undertakes no obligation to update any forward-looking information to reflect new information, subsequent or otherwise.

NON-IFRS FINANCIAL MEASURES

The terms “EBITDA” (net income or loss excluding net finance income or expense, income tax or recovery, depreciation, and amortization) and “Adjusted EBITDA” (which is calculated by the Company by adjusting EBITDA to exclude share-based payments, fair value loss or gain on re-measurement of Digital Assets, gain (loss) on foreign exchange, and costs associated with one-time transactions) are not recognized measures nor do they have standardized meanings under International Financial Reporting Standards (“IFRS”). There is no standardized measure of “EBITDA” or “Adjusted EBITDA” under IFRS and consequently, TAAL’s method of calculating this measure may differ from methods used by other companies and therefore may not be comparable to similar measures presented by other companies. A reconciliation of “Adjusted EBITDA” to Net Loss can be found in the MD&A.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

CPH Crypto Offers Total Trading Flexibility With New Mobile App for iOS and Android 5952

Just a couple of weeks ago CPH Crypto, a leading Scandinavian deep-discount crypto exchange, announced margin trading 10x on crypto spot as its latest service. The company is proud to announce that traders can now onboard as clients and conduct all trading activities via CPH Crypto’s new mobile Trader App now available as Android and iOS platforms. The new trader app enables clients to start trading after just a couple of minutes of registration and onboarding. The CPH Crypto Trader App allows users to trade all the most popular cryptocurrencies and pairs, swiftly deposit, transfer, and withdraw bitcoin and USD anytime.

CPH Crypto’s CEO, Jan Andersen describes the recent progress, stating:

“We have come a long way in only a few months since the launch of CPH Crypto webtrader in September. Margin trading on crypto spot was successfully launched just recently, and now our apps are ready. We know that this is extremely important for our clients because it offers them total trading flexibility. They can do everything on the smartphone and use the mobile trading apps like their usual desktop trading.”

Unlimited Trading For Just 39 USD/Month

According to CPH Crypto’s philosophy, traders should only have to focus on their strategy and not on the costs when they trade. That is why CPH Crypto goes against the trend of high trading fees on the crypto market and offers a deep-discount fixed fee of only 39 USD/month for unlimited trading. Or a commission of only 0.04 pct. per transaction for single trading.

CEO Jan Andersen explains:

“In the traditional stock and FX trading market competition has driven down fees to a low level over the last decade. The same needs to happen in the crypto space, but we want it to go faster, and that’s why we launched our discount concept in September.”

Dominant Trading Platforms Up to 13X More Expensive

Recent calculations clearly document that some of the biggest crypto trading platforms are as much as 13 times more expensive for active crypto traders to use than CPH Crypto.

To obtain a complete view of a particular broker’s or exchange’s trading fees, individuals need to take both commissions and spread into consideration. Traders tend to forget the impact of the spread on the total costs, even though the spread is often where the most significant part of the total fees is hidden, especially when trading on so-called commission-free brokers or exchanges.

Typically these brokers/exchanges tend to compensate for the lack of fee on commission by heavily increasing the spread – the difference between the bid price and the sales price – enabling them to earn their margin on the spread instead. On top of this, traders should not forget that high fees on money management – like deposits and withdrawal – is also added to the total costs.

Wize Pharma and Cosmos Capital enter into Bid Implementation Agreement 5438

Wize Pharma, Inc. (OTCQB: WIZP), a clinical-stage biopharmaceutical company focused on the treatment of ophthalmic disorders, and Cosmos Capital Limited, a leading digital infrastructure provider based in Sydney, Australia, today announced that they have entered into a bid implementation agreement (“BIA”), whereby Wize has agreed to make an off-market takeover offer to acquire all of the outstanding shares of Cosmos, subject to satisfaction of various closing conditions set forth in the BIA, resulting in Cosmos becoming a wholly-owned subsidiary of Wize.

“We are excited about the Wize Cosmos transaction,” stated Noam Danenberg, CEO of Wize. “The Cosmos team brings a proven track record, experienced management and logistics capabilities within the Bitcoin mining industry. Consistent with our focus on maximising value for our shareholders, this transaction provides a continuing interest in our LO2A biomed activity, through the creation of a contingent value right, while providing exposure to Cosmos’ Bitcoin mining operations.”

James Manning, CEO and founder of Cosmos, commented, “Through this transaction we are excited to be providing public markets access to our digital infrastructure business and have enjoyed working with the like-minded Wize team throughout this process. Becoming a part of a publicly traded company is central to our continued growth and will allow us to accelerate our expansion plans moving forward.”

Key Transaction Details

Under the terms of the BIA, Wize will commence an off-market takeover offer under applicable Australian laws to acquire all of the outstanding shares of Cosmos (the “Offer”) in exchange for (i) 38.78 shares of Wize common stock and (ii) 22.33 warrants (each to acquire one share of Wize common stock) (the “Milestone Warrants”) for each Cosmos share (subject to a minimum tender of at least 90% of Cosmos’ outstanding ordinary shares). Subject to certain exceptions, the Milestone Warrants will become fully exercisable into Wize common stock provided Cosmos warrant holders retain the Wize stock issued to them until December 31, 2021 (the “31 December Milestone”).

Upon completion of the transaction, and assuming all of the holders of Cosmos shares accept the Offer, Cosmos shareholders will own approximately 81.3% of the outstanding common stock of the combined company (87% if all of the Milestone Warrants become fully vested), while Wize existing shareholders will remain the owners of approximately 16.3% of the outstanding common stock of the combined company (11.1% if all of holders of the Milestone Warrants satisfy the 31 December Milestone and the Milestone Warrants become fully vested), each on a fully diluted basis and including warrants to be issued to Wize’s financial advisor to the transaction.

Following the targeted closing of the transaction in the first quarter of 2021, and based on Wize’s 60 day VWAP of US$0.143 on December 29, 2020 (and assuming that all the Milestone Warrants become fully vested), the combined company is expected to have a market capitalisation of approximately US$75.75 million.

Upon completion of the transaction, pre-closing Wize securityholders will receive one contingent value right (“CVR”) for each share of Wize held on the record date. Each CVR will entitle the holder to a pro rata share of any consideration that may be received in connection with Wize’s existing LO2A business, subject to transaction expenses and customary deductions as detailed in the CVR agreement.

Concurrently with the execution of the BIA, Wize entered into (i) a US$3.0 million Private Investment in Public Equity (“PIPE”) financing from various accredited investors, including Noam Danenberg, CEO of Wize, in exchange for 25 million shares of common stock of Wize at US$0.12 per share, which financing is expected to close simultaneously with and subject to the closing of the Cosmos transaction, and (ii) pre-bid acceptance agreements with several Cosmos shareholders holding 19.9% of the outstanding Cosmos shares who have agreed to accept the Offer.

Following completion of the transaction, it is expected that (i) the combined company will have approximately US$5 million in cash and cash equivalents, (ii) Cosmos will retain its experienced management team, with Cosmos’ CEO and founder James Manning assuming the role of CEO of the combined company, (iii) the Board of Directors of the combined company will consist of three members designated by Cosmos and one member designated by Wize, and (iv) the combined company will seek shareholder approval to be renamed Cosmos Capital, Inc. (or similar name), and to effect a reverse share split of the combined company’s common stock.

ZK International’s Subsidiary, xSigma Corporation, Completes its Smart Contract on the Heels of Bitcoin Hitting a High of $26,700 5256

ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, is pleased to announce that xSigma Corporation, a wholly owned subsidiary of the Company, has completed the smart contract development of xSigma’s DeFi platform. This marks an important milestone for xSigma as it systematically builds out the ecosystem of the xSigma DeFi protocol.

xSigma’s smart contract has been completed and is undergoing a technology software audit, which is the last step for xSigma before it releases the project. The technology audit of the software is being conducted as good practice to ensure the safety of funds and the system in general. xSigma will offer enhanced rewards for early liquidity providers, who join in the first weeks after the launch. (Learn more about xSigma DeFi project on: https://xsigma.fi and Telegram: https://t.me/xsigma_global)

This is just the beginning of xSigma creating a new future, and it is a crucial step in building the xSigma ecosystem. The xSigma team is working on finalizing the white paper and all the technical details are to be released in the near future. As Bitcoin and other cryptocurrencies continue to gain momentum and hit all-time highs, which currently has a total market cap of $688.3 billion, xSigma management team believes that the top team of xSigma, support from a NASDAQ listed company, and a DeFi protocol which aims to be first in class, are significant characteristics which should elevate and differentiate xSigma from the other DeFi platforms.

The xSigma DeFi protocol has received a significant initial interest, in a short period as it has already gathered over 5,000 members in its communities and has collected thousands of subscriptions on its waitlist. In addition, xSigma has secured commitments from individuals and institutional liquidity providers which is important for a successful launch.

Mr. Jiancong Huang, Chairman and Chief Executive Officer of ZK International, stated, “as Bitcoin and other cryptocurrencies continue to gain momentum, so does xSigma. xSigma continues to build its ecosystem, and it continues to gain a positive response from the blockchain community for its DeFi protocol. Currently, over $9 billion is locked in just five Defi projects according to DeFi Pulse and the aim of xSigma Protocol is to reach the top 5 by the value locked list in 2021. Having former Google, Amazon, 1inch and Ripple engineers on the team, xSigma is well positioned to join the list of the biggest blockchain projects in the future.”

Signify Health Projects Growth with its Partners in the BPCI Advanced Program 6338

Signify Health, a leading value-based healthcare platform enabled by advanced analytics, technology and nationwide healthcare networks, today announced that its provider partners in the Center for Medicare and Medicaid Innovation (CMMI) Bundled Payment for Care Improvement Advanced (BPCI-A) program have selected a larger set of bundles to participate in for the remainder of the program (2021-2023) than they did in 2020. Signify Health’s experience and feedback from providers indicate that commitment to the program remains strong.

“The world has changed a lot since 2013 when a group of providers accepted CMMI’s invitation to try a radically different approach to better coordinate care and reduce expenditures while improving the quality of that care,” said Kyle Armbrester, Signify Health CEO. “Fast forward to today and these early pioneers are leaning in and fueling the next phase of growth with new entrants, including commercial plans and employers. Thanks to CMMI’s work to lay the foundation, we have a proven model that both government and commercial payors can use to accelerate the transformation from fee-for-service to value-based care.”

As a risk-sharing convener in the BPCI-A program, Signify Health partners with Acute Care Hospitals (ACHs) and Physician Group Practices (PGPs) to facilitate collaboration among providers sharing accountability for improving outcomes. As episodes of care continue to take hold in public and private value-based health programs, Signify anticipates the total volume of medical care managed through bundles will accelerate.

In a significant change from prior years for the remainder of the BPCI-A program, CMMI required participants to select from eight categories of care, referred to as clinical service line groupings, that each include multiple bundles. Overall, Signify’s provider partners selected more clinical bundles under the new requirement, assuming a greater amount of financial risk while ensuring that patients continue to receive high-quality care.

Once bundles are selected, Signify Health’s team works with providers to prevent adverse events, improve care quality, eliminate excess cost, and propel patient recovery homeward by applying a model that addresses patients’ holistic clinical, social, and behavioral needs. And, by providing sophisticated analytics, modeling and deep local market insights, Signify supports BPCI-A participants’ care redesign efforts to improve a patient’s care journey from hospital discharge to home.

To further inform the future of episode of care payment programs in Medicare, Signify Health recently engaged Leavitt Partners to convene an independent panel of health policy experts to offer policy recommendations that strengthen and expand these models. The recommendations emanating from this advisory process will be made publicly available in the first quarter of 2021.

“For voluntary alternative payment programs to be successful, they must attract as many participants as possible,” added Armbrester. “We believe that policies that minimize uncertainty and offer pricing stability for providers accepting financial risk are critical to the program’s continued and long-term success.”

BlockApps and Schweitzer Laboratories partner to build campaign finance compliance system, 4US, restoring trust and confidence in the political financing process 6307

Campaign finance is central to the functioning of America’s democratic system, yet it is wrought with public mistrust. A 2019 Gallup study found that only 20% of Americans are satisfied with the nation’s campaign finance system. While much focus has been put on proposed adjustments to the regulatory regime through policy initiatives, little attention has been paid toward improving the existing processes of compliance and law enforcement. Schweitzer Laboratories is working with BlockApps to address these challenges by reimagining campaign finance from the inside out, using blockchain to automate the core processes of data collection, real-time compliance enforcement and transparent disclosure.

Today, political committees meet their compliance burdens through antiquated manual data collection processes and rely on expensive compliance specialists or less experienced staff and volunteers. Campaign finance regulators also struggle to meet their law enforcement and public disclosure mandates because of tight budgets, short deadlines and structural limitations. Bad data in leads to bad data out, perpetuating mistrust in a system at the heart of American democracy.

4US was created to restore that trust. Built as a multi-sided platform for all political committees and regulators, regardless of size or political affiliation, 4US improves operational efficiencies and costs, while increasing transparency. With BlockApps STRATO, 4US utilizes private chains and smart contracts to offer committees the security and privacy they demand, while improving trust and transparency in the campaign finance system overall.

“4US was created to attack one of the biggest challenges in today’s geopolitical environment, ” says Will Schweitzer, Founder and CEO of Schweitzer Laboratories. “With trust in our democratic institutions at an all-time low, political leaders can leverage 4US to show their constituents they play by the rules in a way never possible until now. Our partnership with BlockApps ensures we’re working with technologists at the bleeding edge of blockchain innovation, and that we can continue to leverage this technology to improve our society.”

“STRATO smart contracts enable Schweitzer Laboratories to encode complex processes and rules directly into 4US,” explains Kieren James-Lubin, President and CEO of BlockApps. “A private chain for each committee ensures their data will remain accurate and secure, and that it can be leveraged as a reliable and transparent record of truth when it comes time for public disclosure.”

Through this unique combination of industry and technology expertise, Schweitzer Laboratories and BlockApps are pioneering this new use case for blockchain technology. 4US exemplifies how to solve the real-world operational challenges political committees and campaign finance regulators face, while also addressing a critical societal issue.

PrimeXBT Review: Powerful Trading Tools and Diverse List of Assets 6182

real_9d852210-333e-4898-a234-76868c679353

It’s challenging when we want to discover the best platform. Finding all instruments we need and all those tools we have experienced is another big challenge. Affordable fees, security, authenticity, and also trustworthiness are what we all want. Review plays a vital role. When traders are looking for a platform, all competing for exquisite and indubitable capital out of the sea

This is the platform that aims to enlighten the reader. After getting started, signing up for  PrimeXBT is significant.

About PrimeXBT

PrimeXBT is a multi-asset trading platform based on bitcoin. It was recently awarded Best Cryptocurrency Trading Platform, Best Cryptocurrency, and Forex Broker, and Best Crypto Trading App in the Forex Awards as well as garnering an award for Best Bitcoin Margin Trading Platform in the very prestigious ADVFN Awards.

 Registration

Some platforms provide a simple signup process as PrimeXBT. It takes only one minute to signup and no personal information is required. Just an e-mail address and country are asked for signup and you can get started with making the first deposit.

Accounts are available for demo, no fee will be charged for this demo. It is for your satisfaction and no personal information will be taken for it, so you don’t need to be worried about any risk. When you are ready to start, the platform features and tools mitigate any risk.

real_d73e91a3-6db0-48bd-8ce1-b9d42525d580

Deposits

Accounts are always denominated in BTC, and all deposits must be made to a BTC address. A low minimum deposit of 0.001 BTC is required. BTC is used as a financial process for all positions.

Funds are always available soon after a Bitcoin deposit. Bitcoin deposit has only 3 steps for confirmations. Further deposit methods are fiat or Altcoin etc will are available through third-party service which is known by Changelly.

Soon after the deposit, the trading account must be funded. This help tools to keep some capital separated, which is currently available for margin in the trading account. Turbo and Covesting are new features on the platform, they are available on a separate wallet system.

real_a882fc27-ed5e-4140-9fcf-a3ba4ff787bf

Withdrawals

Withdrawals are also very simple as a deposit procedure, but the thing to keep in mind is that it can be sent to another BTS address. If you sent it to a different Cryptocurrency address, this could lead to a loss of funds.

Withdrawals are added to a queue for a once-a-day rollover period at which withdrawals are processed. Pending withdrawals can be canceled until a window ahead of rollover is reached.

Trading Instruments and Tools

PrimeXBT offers up to 1000x leverage on commodities, cryptocurrency, forex, and stock indices.

FX currencies offer includes more than 25 majors, with the addition of some currencies. All forex, including both gold and silver, maybe traded at up to 1000x.

CFDs for natural gas, Brent, Crude oil, and twelve different stock indices are offered for trading at up to 100x.

Cryptocurrencies: Bitcoin, EOS, Ethereum, Litecoin, and Ripple are offered as trading pairs against BTC and USD at up to 100x leverage.

All assets may be traded using long or short positions this helps traders to gain profit no matter the market’s direction. Stop-loss orders and take profit orders enable this long and shorts lucrative and inhibit risk. These advanced order types can even be added after a trade is made.

PrimeXBT features comprehensive charts, replete with technical analysis utilities, indicators, and more for effective strategic planning and execution. Speaking specifically of execution, this makes the platform even simpler to enter positions. It is accurate trading by clicking on the chart itself.

Rounding out the user experience is an individually-customizable interface with many available widgets. Through this traders can craft the trading terminal according to their designs.

Fee Structure

PrimeXBT has no stressful thing as it offers some of the best and reliable fees.

Across all crypto trading pairs, the trading fee is only 0.05%. Forex trading fees are as low as 0.001%. Fees for everything else are only 0.01%.

Those who up their game and become active traders successfully have some advantages. They can take reward of the progressive fee system. This system offers a 50% discount off. In the account bit, there is a method by which you can track progress towards each discount tier (25% to 50% off).

 The minimum position requirements are also quite low.

Referral Program

According to the leaderboard, the top PrimeXBT trader has already generated over 50 BTC.

This was achieved through the platform’s lucrative four-level referral program. As each referred trader brings new traders to the platform themselves, the original client to make the first referral will continue to earn commissions from each new referral forward, up to four levels of commissions.

CPA offers are also available. These are exclusive ambassador relationships that become complete with personal customer care representatives.

real_d4176056-e042-4d77-ada8-b35e63c53faf

Extras

PrimeXBT is also one of the few trading platforms which offer breaks from the status quo. They recently have started a new synthetic Bitcoin contract named Turbo. These short-duration contracts last only in 30 seconds, one or five minutes. It can garner up to 90% of profits at the tiniest intervals.

The results can be amazingly encouraging, however, it is possible to lose nearly all capital through these sorts of contracts, so it is generally suitable only for certain traders with a high level of command over shorter timeframes. However, it can be a handy tool. When markets are occasionally stagnant, revenue is possible even without high-percentage movements.

Also, another tool has recently started assign as Beta. They called it Covesting Fund Management Module. This unique and amazing service connects fund managers with investors and provides them chances to make a profit together in a synergistic way.

Conclusion

PrimeXBT members can take advantage of all price movements. Utilizing up to 1000x leverage you can take long as well as short positions on Crypto, Commodities, Forex, and Stock indices.

To earn profit in greater amount give a try to PrimeXBT. There is not a single reason which does not let you join PrimeXBT but the pros are no KYC process, introductory deposit, and very quick registration which typically complete in less than 60 seconds.