PrimeXBT Expands Spot Trading With 25 New Assets and Solana Support

There is a growing consensus among market observers that the line between traditional finance (TradFi) and DeFi will continue to blur at a record pace. Within this sector, PrimeXBT has built a multi-asset platform that lets you trade traditional commodities, Forex, and crypto.

The exchange has recently announced a major upgrade to its Crypto Wallet and Exchange, with the team confirming that they’ve added 25 new spot assets, as well as expanding the ways users can swap between supported tokens. The release brings new listings online across PrimeXBT’s web platform and mobile apps with no waiting period.

Since launching in 2018, PrimeXBT has served more than a million users across 150 countries. Read on to know what new tokens are now available on PrimeXBT and what that means for traders and investors.

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Deep Solana Support: New Listings for AI, DeFi, and Meme Coins

A central theme of this new crypto support is PrimeXBT’s deeper support for Solana tokens. 23 out of the 25 newly listed spot assets are Solana coins. One of the core reasons the exchange made this decision is Solana’s rising dominance over the last year.

Retail and institutional participation in Solana’s chain is likely to continue increasing due to its fast speed and low costs. And the new token listings primarily aim to cover tokens across a wide range of this growing ecosystem. Here’s a closer look:

• Infrastructure (AI/DeFi): The update includes support for the leading DEX aggregator, Jupiter (JUP), and Pyth Network (PYTH), an oracle solution that’s powering modern DeFi. Users can also trade the AI-based Render (RENDER) token, among other options, such as ACT, HUMA, RAY, TURBO, JTO, WCT, W, WLFI, IO, 2Z, HOLO, and KMNO.
• The Meme Narrative: Acknowledging Solana’s meme coin supercycle, PrimeXBT has finally extended support for some of the most popular meme coins, including BONK, Dogwifhat (WIF), and Book of Meme (BOME). Others in the list are BIO, PENGU, PNUT, PUMP, and TRUMP.

Extended Support for BNB and TRX

PrimeXBT has extended support for BNB (BEP-20) and TRX (TRC-20) to give traders exposure to the native tokens of two of crypto’s most used ecosystems.

BNB powers activity across the entire BNB Chain ecosystem, including transaction fees and broader network coordination. And TRX is the native token of the TRON protocol and the primary token used for all its on-chain activity.

Here’s How Traders Can Benefit

To begin with, a more versatile spot lineup usually translates into a more practical choice for traders. For example, traders can diversify holdings, explore newer themes, or even rebalance portfolios without constantly relying on external wallets.

The 90 new exchange routes will also play an important role in this context. More internal conversion paths can help users react faster and reduce the extra steps that create delays or additional fees.

PrimeXBT also confirms that users can exchange these assets and use crypto as collateral within its trading environment. In essence, this will tighten the link between spot balances and other tools on the platform.

Is PrimeXBT Worth It?

PrimeXBT’s team has confirmed support for 25 new cryptos in the spot market, with a special focus on Solana tokens. They’re also adding 90 new exchange routes to make the entire trading experience smoother.

The platform wants to give users more ways to participate in new Web3 themes while keeping portfolio management in one place. To get started, you can sign up or log in to PrimeXBT on the web or mobile and explore the new token listings.