How to create multiple Margin accounts
Updated over a week ago

All Global Markets (Margin) accounts are reflected in your Main page. Here you can keep track of your Margin accounts, deposit to the corresponding wallets, review core account statistics and fund your trading account.

To create a new Global Markets (Margin) trading account with a different currency navigate to the Main page and click '+ Open new account' under the 'Global Markets' section:

(Alternatively, click '+ Open new account' on the Margin Account page)

A pop-up menu will appear:

  • Select the Currency for your new Margin account

  • Click 'Confirm'

Thanks to COV token utility, COV-denominated Margin trading accounts are automatically provided with a 25% trade fees discount.

Each separate currency can be used only in Margin trading accounts, Strategies and Followings denominated in the SAME currency. For example, BTC can be used in a Margin trading account denominated only in BTC, while ETH can be used in a Margin trading account denominated only in ETH.

If you wish to open a Margin trading account, start a Strategy or Following in a particular currency, make sure to deposit the same currency.

Alternatively, using our in-wallet Currency Exchange feature allows you to exchange BTC, ETH, USDT, USDC and COV amongst each other, directly between your PrimeXBT account Wallets.

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