copy trading

 Just recently, PrimeXBT released an upgraded version, called the V2.0. This version brought about nothing short of a revolution to the trading platform, including greater access to the platform, improved interface, and enhanced visuals. V2.0 also supports Ethereum (ETH) and digital currency-based margin accounts.

This is a guide to everything you should know about PrimeXBT V2.0, and all the upgrades you find on this trading platform, including the USDT, USDC, and ETH margin accounts.

INTRODUCTION TO PRIMEXBT V2.0

When you visit PrimeXBT's website, you will get a welcome message if it is your first visit since the upgrade. Do a quick read of the new additions and features noted in the text.

The dashboard, which has been upgraded and reorganized, consists of the main account from where you can view your margin accounts, Covesting details, available wallets, account followings, and other relevant details.

VERSION 2.O MAIN PAGE AT A GLANCE

You have all relevant information immediat

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Ways in Which Copy Trading Can Help You Grow Your Wealth

FXMAG Team FXMAG Team 18.05.2021 12:41
Copy trading is defined as the aspect of copying trades done by other forex investors in the forex market. It is one of the ways forex traders use to earn money from the forex market without studying what forex trading is all about. It is an easy way out to get profits from trading forex without knowing how one places a trade. In normal circumstances, beginners in the forex trading business are forced to work with a forex broker. These are people who have the knowledge and tips of what it takes to get a win from the forex trading business. Forex brokers are forex trading companies or individuals that provide a forex trader with access to a forex trading platform. These forex brokers earn money through commissions. Whenever a forex broker helps a forex trader place a trade, they get a commission whether it brings a win or lose. These forex brokers also teach forex traders who are at the beginner stage what forex trading is all about. A copy trader aims to earn as much as a forex trader does through copying what he or she does in the forex markets. As aforementioned a copy trader does not take time to learn how the forex trading business is done so the copy trader does exactly what a forex trader has planned to do in a forex trading game. 4 Ways in Which Copy Trading Can Help You Grow Your Wealth There are different ways in which copy trading can help you grow your wealth. This article will highlight four ways in which copy trading can help you grow your wealth. Know what platform to choose from One way that a copy trader could grow his or her wealth is by knowing what trading platform to choose from. Despite a copy trader not needing to study the forex market to trade, they ought to know the various platforms that one can copy trade from. A copy trader could easily know this by making use of a forex broker. These forex brokers could be sourced from forex trading companies that offer services of helping forex traders access buying and selling platforms. However, a copy trader should be cautious of forex brokers who have outstanding profiles but they are out to scam and steal from people interested in the forex trading business. A forex broker should be licensed, regulated, and authorized to do business by a country’s authorities. More experts to copy Copy traders should look out to copy trade Malaysia from no ordinary people. They should ensure that they copy trade from people who have been in the business for a long time. These are experts in the forex trading business who have transacted in the forex trading game for a long time. These experts are also people who have outstanding portfolios and fully understand the forex markets. Take responsibility for your trading The other thing that copy traders should ensure they do to grow their wealth is to ensure that they take responsibility of the investments they make while in the forex trading game. This is possible by taking note of the money they have in their trading accounts, how much they put into a trading game, what profits they gain and lose as well. This is again necessary especially when a copy trader is making use of a forex broker. These forex brokers earn through commissions that are deducted from one’s trading account. Sometimes a new copy trader may give a forex broker the freedom to handle their forex trading account which may end up leaving him or her bankrupt if no responsibility is taking. Run tests It is important to run tests on what copy trading is before engaging in the real game. These tests could be done via demo accounts that allow a copy trade have a feel of what goes on when copy trading.  A copy trader should however always keep in mind that the results that come from demo accounts are not necessarily what will be projected in the real copy trading. Conclusion Whenever one plans to start a business, their goal is to gain wealth and always make a profit. It is possible to make wealth even while copy trading but only through perseverance and playing it safe while copy trading.
OVERVIEW OF COVESTING

OVERVIEW OF COVESTING

Prime XBT Prime XBT 17.11.2021 09:37
Nearly everyone familiar with the world of cryptocurrency knows about the successful platform called ChainLink. Also called LINK, ChainLink is the fifth global cryptocurrency platform in terms of market capitalization.  The mission of this decentralized union is to enhance real-world data in connecting smart contacts. This platform has grown its worth by 100% since January 2020. If you are wondering what cryptocurrency platform to invest in gain as much as 100% returns, this article holds the answer. In this article, we will introduce you to Covesting, provide vital information about the platform, and guide you as to whether or not you should get involved in Covesting. What you need to know about Covesting Covesting is a financial technology (fintech company) operating globally and registered in Gibraltar.  The company handles a vast range of software needs and offers solutions to individual customers and institutions globally. Covesting is one of the international firms that received the Distributed Ledger Technology License by the Gibraltar regulatory authorities, which gives it a boost and assurance of great achievements in 2020. Traders and new users can connect on Covesting through the Copy trading or social trading feature. The copy trading or social trading feature allows users to identify expert traders on the platform. After selecting experienced traders, they can automatically copy their trading patterns. Copy-trading or social trading is a smart tactic for both traders and their followers to earn a profit. In practice, when a trade is profitable, the expert trader receives a share of the profit from their followers. Likewise, the followers can trade with fewer fees and greater ease even if they are a novice in trading crypto. Covesting also has a unique token called COV that traders on the platform can use for their activities. Read on to learn more about COV and other features in Covesting. PrimeXBT's partnership with Covesting Covesting is in partnership with a renowned and award-winning trading platform PrimeXBT. The firm won the 2020 ADVFN International Financial Awards as the Best Bitcoin Margin Trading Platform.  PrimeXBT offers Bitcoin trade, forex, indices, stocks, commodities, etc. on a global scale and has over 1 billion USD trading volumes. Other features on PrimeXBT 1: 100 cryptocurrency leverage Accumulated assets from different asset providers. A safe and secure platform for trade. Vast range of trading tools. How to use Covesting through PrimeXBT Users and traders can assess Covesting through PrimeXBT and create strategies for funding and trading in a transparent environment. Tracking records will be made visible to potential traders who can monitor the trade records of expert traders. The followers will see their capital investment and returns, and then decide whether or not to copy the trade. You can search traders through the Covesting area. From the search results, you can decide on a successful trader to follow and copy. Following a trade and copying the trading pattern helps you to earn passive income with little or no knowledge. The traders-followers pattern is also an avenue for the traders to build their reputation. It will earn them more profit if they know what to do. Is COV Likely to Skyrocket? Investors can use the Covesting token (COV) to invest in the platform. Investing with the token is very profitable when the value appreciates.  Those interested in serious investment and profits can avail themselves of the supply of token available on the platform. 18,000,000 tokens are in circulation out of a total of 20,000,000 tokens. Top investors referred to as 'strong hands' control 50% of the total token in circulation. Covesting differentiates its utilities into core and secondary token utilities. With an ambitious business goal and direction, Covesting is out to expand its frontiers in business and fintech. The firm aspires to obtain more partnership deals with other third-party trading platforms asides from PrimeXBT through the white-label licensing agreements. With its current partnership with PrimeXBT, the two companies want to integrate the COV token into PrimeXBT. The purpose of this integration is to reduce the trading fee, expand the success fee, and increase followers' limits. Reduced Trading Fee A reduced trading fee is achievable for strategy managers who hold COV. The deduction in trading fees will cover about 10%-100% of the COV token, although, the particular COV discount level has not been ascertained. Higher Success Fee Percentage Followers can earn a higher percentage of profits on their success fee when they stake with COV tokens. Presently, profits from closed trades on Covesting are shared between the platform, traders, and followers. The percentage distribution of profit is calculated depending on the current rates and market conditions, of which traders and followers will receive a greater percentage profit than the platform. Limits on Follower Numbers Covesting plans to enforce a limit on followers to keep their utility high. However, a trader can increase follower numbers when they start staking COV tokens. Token Burns Covesting will calculate and burn a specific amount from its monthly or quarterly generated fees. The token burn will exclude affiliate earnings, fee discounts, and other costs.  Covesting has an admirable customer base, and the COV has a strong medium-term potential. Traders can also trade COV on other platforms, including onKuCoin. Benefits of Covesting and its COV-token In summary, these are what you can benefit from trading on Covesting and using the COV token. Team of trustworthy holders. Higher token value. Reliable partnerships with other renowned platforms. Possibilities of utility and token burns. Recommended by analysts on TradingView. A community of dedicated followers. Legitimate, registered, and regulated platform Token is still under the radar Our Verdict Our review has shown that investing and trading on Covesting has many benefits. However, this should not be your final research before investing your funds in this platform.  Find out more about Covesting and COV before you invest and trade. To learn more about the COV token and trading, you can visit their website. Also, follow traders to learn about their trading strategy.  In all, our verdict is that Covesting is a very promising platform for investment and trading, but make sure you do not invest until you are convinced that it is the best platform for you.
Covesting

Covesting

Prime XBT Prime XBT 15.11.2021 09:47
The decentralised oracle network ChainLink works by connecting contracts with data from around the world. Now one of the most popular cryptocurrencies, it can make you wonder where the next big cryptocurrency will be coming from and, more importantly, how to get on board before it explodes in popularity. It is time to introduce you to Coversting. What Is Covesting? Covesting is an international fintech corporation which offers an array of software solutions for customers across the world. Recognising the importance of being based in a country where the government fully supports what the company is about, Covesting is based in Gibraltar. Quickly becoming one of the first companies in the world to receive a Distributed Ledger Technology License, also referred to as DLT, from the authorities in the British Overseas Territory, Covesting has its own token; COV. Developing their own platform, Covesting connects traders with a variety of followers, a little similar to social media, allowing for both the follower and the trader to make profitable gains. Traders earn a small fee from the equity of their followers, while the followers benefit from hassle free trading by following the trader’s most successful strategies. This process is known as ‘copy trading’. Partnership with PrimeXBT Now available to everyone via PrimeXBT, the Covesting platform allows traders to make profit from each other as well as their own followers. To make capital, transparency is key. Traders create funds with their best strategies which users can then easily verify, along with the track record of the trader and how much money has been invested into each fund. If traders are able to build and maintain a good reputation, they will be able to generate a second income by attracting new followers. Users can view traders objectively, looking at their results and only invest when they are comfortable they have selected the right trader for them. This way, capital can be generated passively without knowledge of the market or any trading skills. PrimeXBT Offering services such as foreign exchange and stock indices, PrimeXBT is a Bitcoin based trading platform. With trading volumes over $1 billion (USD), in 2020 the company won ‘Best Bitcoin Margin Trading Platform’ at the International Financial Awards. As a platform, PrimeXBT can provide up to one hundred times leverage for cryptocurrencies, a wide range of technical analysis tools and extra security for efficient and safe trading. Why Will COV Be Popular? With a limited supply of tokens, only 18 million COV tokens are in circulation and half of these are held in ‘strong hands’. Holders of the tokens gain access to benefits and COV utilities will be divided up between Secondary and Core token utilities. Moving forward, Covesting plans to partner with other third parties to increase the utilities offered to token holders. So what will a COV token be used for? Well, it will be integrated into PrimeXBT and will be used for a number of functions. These include: Trading Fee Reduction Fee reduction tiers will range from between 10% and 100%, and the level of reduction permitted will depend on the amount of COV tokens held. The number of tokens required for each level reduction will be announced at a later date though there are a variety of options and benefits available. Improving Success Fee Percentage Followers can favourably increase the percentage of success fees by staking tokens and taking advantage of its utility. At the moment, Covesting takes a percentage of success fees on closed profitable trades. Determined by the corresponding offer, Covesting then distributes the remaining percentage between the follower, the strategy manager and the platform. Offers are subject to change depending on the current market conditions. By staking a certain amount of COV tokens, Covesting has a smaller percentage, with a larger share going to the follower on profits made by the strategy manager. Increasing Following Limits In order to keep token utility levels high, Covesting implements limitations on the maximum number of unique followers permitted, in addition to imposing limitations on capital. Staking COV tokens unlocks followers and raises capital limits. Token Burns Covesting will burn a portion of fees generated at regular intervals throughout the year. Calculated fees will exclude affiliate earnings, fee discounts and various other revenue impacts. COV tokens have a lot of potential in a relatively short time frame, being traded on KuCoin and Inter Alia. Covesting is surrounded by a very supportive community with the price reaction to Covesting’s module launch on PrimeXBT being extremely positive. In Summary The best piece of advice you can get is to visit the Covesting website and carry out your own research about the token before deciding whether or not to invest. You may also wish to try your hand at trading cryptocurrency on PrimeXBT. If you follow this link, you will receive a welcome bonus of $50 when you sign up. When you start to follow traders, it is important to remember that their past results are not a guarantee of any future results. You should also look at how long a certain strategy has been live on the platform. For example, the newer the strategy the more risk it involves and following some strategies can result in financial losses. This said, if you cannot afford to lose capital, do not invest until you are prepared to accept the risk of loss. Reasons for Holding COV Main reasons for holding COV tokens include: Trusted, licensed company Limited token supply Under the radar at the moment Future utility plans Top TradingView analyst recommendations Token burns Strong sense of community
A Guide To PrimeXBT V2.0

A Guide To PrimeXBT V2.0

Prime XBT Prime XBT 15.11.2021 09:43
PrimeXBT, your award-winning trading platform, has been upgraded to deliver even more value to the trading community. This upgrade includes several improvements to the platform's appearance and interface. But the biggest reason for the upgrade is the addition of Ethereum and stablecoin based margin accounts. In this guide, you will find all you need to know about the introduction of ETH, USDT, and USDC margin accounts, as well as other features of PrimeXBT's upgrade to version 2.0. Welcome To Version 2.0 When you first log into your account (since the upgrade), you’ll be greeted with a message introducing the updates. There are a few slides that also inform you of all the new features that have been added. You’ll notice that the dashboard has been reorganized and now includes a Main account section. This section provides you with the information you need regarding your margin accounts, wallet, followings or Covesting accounts, and more. The New Main Page Shows You All You Need In One Glance You can execute several operations from the Main page because it provides you everything you need at a glance. Some of these tasks include initiating withdrawals, making deposits, viewing your balances, creating margin accounts, and more. No matter the cryptocurrency (BTC, ETH, USDC, and USDT), you can create a separate margin account for each. You can also deposit COV tokens, but these are not for your margin accounts. Their use will be explained further in this guide. To fund any account from your PrimeXBT’s Main page, you have to deposit funds into the secure cryptocurrency address for that account. You can find the address within your PrimeXBT account dashboard. Once funded, you will need to move the crypto into the margin account from your wallet. New Accounts In ETH, USDC, and USDT With the Bitcoin-based margin trading, PrimeXBT earned many awards. Now there’s more! PrimeXBT has added Ethereum, Tether, and USD Coin. This is one of the Version 2.0 upgrade's most significant features and has been merged into the same account system and internal trading engine. You can use these currencies beyond Bitcoin-based margin trading. Get a free account with PrimeXBT and start trading with a small minimum deposit. You can sign up in less than 59 seconds, so do so now if you haven't registered with PrimeXBT. There are more than 50 CFDs for you to trade on PrimeXBT, and they cut across stock indices, commodities, crypto, Forex, and more. You can trade all of these within each individual currency type. You will find isolated account details within each dedicated margin account. Your All-New Reports Section PrimeXBT has also added a Reports section which contains detailed vital account information. You can find information such as a log of all your transactions in this section. This makes tax reporting and bookkeeping very easy. The Updated Referral Section As a result of the inclusion of these new currencies, the referral section has also been upgraded. This section of the website now lists commissions in whichever currencies new users trade in. In order words, if a user trades in Ethereum, commissions are generated and paid out in Ethereum. So, when you refer anyone to PrimeXBT, you will get your commissions in the currencies the user trades in. The referral system includes simple referral links you can use on different media, including forums and social media. You can share it with friends and loved ones too. Depending on where you are on PrimeXBT’s four-level referral system, you can get as much as 20% commissions per referral. Enhancements To The Covesting Copy Trading The Covesting Trading Module has been an innovative copy trading system connecting followers to strategy managers. The system makes it possible for both parties to earn and profit. With the addition of ETH, USDC, and USDT, this module has also been upgraded to support these cryptos and given a facelift. How Covesting Copy Trading Works Strategy managers post their trades for followers to copy. When they close their positions, both parties earn. These more skilled traders earn a commission (success fees) off of followers’ capital commissions. These commissions can add up quickly, and the top Covesting traders have already earned millions in commissions, as well as generated millions for their followers. Traders are reviewed by a five-star system that spurs everyone to be at their best. They are then ranked accordingly and displayed on global leaderboards, with different success factors, including their wins, total profits, and even losses, highlighted. With the inclusion of other currencies in version 2.0 of PrimeXBT, followers can only follow strategy managers in like-currencies, thus encouraging a diversified Covesting community. Followers with ETH-based margin accounts can now only follow strategy managers with the same currency accounts. We mentioned the COV utility token earlier. It is at the heart of the Covesting copy trading module and can be used to unlock many other benefits within the module. More PrimeXBT Features PrimeXBT has so many incredible features for traders. Some of these include responsive customer service, Turbo, an official blog containing lots of trading tips, educational guides, and more. Turbo With Turbo, you (all traders) have access to unique ways to position yourself in the market. It also includes an analysis section that that seamlessly integrates with TradingView for an incredible technical analysis and risk management experience, and more. Blog & News The company's blog and news tabs keep you updated with news and market information and content to help you become your better version of the trader you are and make the most of your trades. Security PrimeXBT prioritizes security. The platform is highly secure and built on bank-grade security infrastructure. With the help of a distinctive wallet structure that involves cold storage, the platform has never been hack. Each account is secured with address white-listing and two-factor authentication. PrimeXBT also boasts a 99.9% uptime. 24/7 Responsive Customer Support Besides all the fantastic features of PrimeXBT, one of its best is its 24/7 live customer support staff. They are trained and ever-ready to assist you with whatever issues you might have. There’s also a help center containing tutorials to help you with anything. Advanced Trading Tools PrimeXBT’s upgrade to version 2.0 offers traders an all-in-one platform for the complete trading experience. It contains all the advanced trading tools necessary to become the successful trader you always dreamed of while also minimizing risks. It has the best slippage in the industry with stop-loss orders to ensure capital preservation. It also offers you excellent opportunities with its leverages and diverse ways to access the markets. Stable Coins For Added Risk Protection Bitcoin and Ethereum are known to be subject to base currency account volatility. This type of volatility spurred many users to request the addition of stablecoins. With the inclusion of USDT and USDC, traders can now eliminate all risks associated with such volatility. This is one of the fundamental reasons for the upgrade to version 2.0. Today Is Your Best Time To Trade CFDs On An Award-Winning Platform With PrimeXBT's upgrade to version 2.0, you can now use BTC, ETH, USDT, and USDC for margin accounts. You can trade any combination of the most popular markets, including the S&P 500, Bitcoin, Forex, oil, and gold. And you can do this anywhere you are, digitally. All you need is our award-winning platform that has all the basic and advanced tools to help you reach your trading and financial dreams. Use PrimeXBT’s V2.0 Today!
A GUIDE TO PRIMEXBT VERSION 2.0

A GUIDE TO PRIMEXBT VERSION 2.0

Prime XBT Prime XBT 18.11.2021 17:27
 Just recently, PrimeXBT released an upgraded version, called the V2.0. This version brought about nothing short of a revolution to the trading platform, including greater access to the platform, improved interface, and enhanced visuals. V2.0 also supports Ethereum (ETH) and digital currency-based margin accounts. This is a guide to everything you should know about PrimeXBT V2.0, and all the upgrades you find on this trading platform, including the USDT, USDC, and ETH margin accounts. INTRODUCTION TO PRIMEXBT V2.0 When you visit PrimeXBT's website, you will get a welcome message if it is your first visit since the upgrade. Do a quick read of the new additions and features noted in the text. The dashboard, which has been upgraded and reorganized, consists of the main account from where you can view your margin accounts, Covesting details, available wallets, account followings, and other relevant details. VERSION 2.O MAIN PAGE AT A GLANCE You have all relevant information immediately you hit the main page, including how to make a withdrawal, deposit, or check your balance.  From the main page, you can deposit funds, make withdrawals, monitor your balance, and do so much more. You can also set up a different account for ETH, USDT, and BTC right from the main page. Funding your account is swift and easy; it starts by depositing funds to all your crypto addresses connected to your dashboard. The next step is to move your crypto deposit from your wallet to all the margin accounts you want to send it. INTRODUCING NEW FEATURES: USDT, USDC, AND ETH ACCOUNTS AND CURRENCIES Do you know what's hot? It is a fact that users now have more options apart from the Bitcoin margin trading that makes PrimeXBT famous. Once you're logged in, you can trade using new currencies like USD Coin, Ethereum, or Tether. PrimeXBT has everything in place for smooth operations as the upgrades and additions are well integrated into the accounts, site infrastructure, and trading engine. New Signings to PrimeXBT can enjoy all these features when they set up a free account and begin trading with little deposit. A GUIDE TO TRADING WITHIN MARGIN ACCOUNTS ON PRIMEXBT V2.0 With V2.0, you can trade with separate account details for each of your margin accounts. You can also trade with any CFD available on PrimeXBT V2.0., including stock indices, forex, commodities, crypto, and about 46 others.   BREEZE THROUGH ACCOUNTING AND TAX REPORTING WITH THE NEWLY-ADDED REPORTS SECTION A visit to the report section newly added to the V2.0 PrimeXBT website holds in-depth account information, including transaction history, basic account details, and movement of funds. All these features will make it easier to keep up with tax and other accounting activities. GET NEW USERS TO PRIMEXBT AND GET REFERRAL BONUSES WITH NEW CURRENCIES  If you have been referring users to PrimeXBT or you have plans of starting, there's a currency tweak you should know. The referral site has undergone some updates, particularly the addition of those new currencies. When you refer a person to PrimeXBT, you will receive your commission in the trading currency that the new user chooses to use in their trade. You can share PrimeXBT referral links on social media groups and amongst friends and family. If you leverage these links, you can get more revenue apart from your trading profit. You can get as much as 20% on commission when you leverage PrimeXBT's referral system. V 2.0 COVESTING COPY TRADING GOT REALLY SMOOTH If any section was left out of the upgrade, it wasn't the covesting module, which got upgraded to support USDT, ETH, and USDC, alongside the exiting Bitcoin trading currencies. PrimeXBT's copy trading system brings strategy managers and followers together for a profitable trading operation and mutual profitability. Followers can copy the trades of strategy managers, helping them to earn more. In return, followers will give a percentage of their earnings to the strategy managers that helped them trade successfully. This interaction has helped both followers and top traders to earn millions trading on PrimeXBT. The platform's ranking system showcases every trader and their rankings on the global leaderboard, alongside their trade profits, losses, wins, and other relevant information. You will also find a 5-star rating system for trades. With the introduction of PrimeXBT V2.0, followers and strategy managers can carry out their interactions with any of the new and existing currencies (USDC, ETH, USDT, and BTC).  Finally, on Covesting copy trading, we find the COV utility token that traders can explore to get more benefits from the copy trading module. BLOG, TURBO, CUSTOMER SUPPORT, AND MORE FROM PRIMEXBT  On PrimeXBT you can leverage Turbo for better positioning in the trade market, and access market information, news, and the company offers on the official blog. Many guides and articles exist on the company blog to guide traders, offer trading tips, and answer relevant questions. TradingView integration offers an analysis of trading strategies, risk assessment, and management, etc. PrimeXBT has 24-hour live customer support with helpful staff available to answer your questions and offer their help. The help center also has a lot of tutorials and helpful materials. PrimeXBT is solid and secure; with bank-level security and infrastructure, accounts have address whitelisting and two-factor verification. Since its creation, the platform has not been a victim of hacking, thanks to the secure wall structure. With a near 100% uptime, there's little wonder why PrimeXBT keeps receiving excellence awards. V2.0: MINIMUM RISK, HIGHER SUCCESS WITH STABLECOINS AND ADVANCED TOOLS PrimeXBT V2.0's advanced trading tools contain everything traders need to minimize risk and trade successfully. Capitals are protected by top industry slippage and stop-loss orders. Opportunities don't get any higher than this with leverage and diverse market access. With the new USDC and USDT, traders are safe from the possibility of base currency account volatility that is common with Ethereum and Bitcoin. Many users requested this upgrade, and PrimeXBT V2.0 provided it, with many more features. Traders are set for a complete trading experience within one platform with all these tools. PRIMEXBT IS THE BEST PLATFORM TO TRADE CFDs  If the awards and user reviews have not won you over yet, the PrimeXBT V2.0 should do it.  What do you say to trade on a renowned platform and leveraging the most advanced tools to trade with USDT, BTC, ETH, and USDC for margin accounts? May we add that you can trade forex, oil, gold, Bitcoin, the S&P 500, and other popular traditional and digital markets? If you say yes, then sign up for PrimeXBT V2.0 today!

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