24/7 Support

If you don’t know what CFD trading means, please read our crypto spot vs crypto cfd guide first and come back. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Entering this Agreement does not conflict with any law or regulation in your domicile/residence country, or any other agreement you are part of;. Open the downloaded file and tap Install to complete the installation. It is currently trading. Go to My Account and select the tournament you are interested in and click “Join”. This lack of transparency www primexbt com is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. Furthermore, PrimeXBT has a daily withdrawal limit on accounts that are not verified, so if you need to withdraw more than the daily limit, you will need to verify your account. The responses were fairly detailed but lacked accuracy in addressing all queries. The platform provides access to major and minor currency pairs, enabling traders to capitalize on market movements. As you can see, this is where you track the performance of your position. These values guide their mission and help them achieve their vision by providing the latest trading technology, prioritizing user benefits, and maintaining clear communication to build trust. For a complete list of restricted regions, refer to Section 1. It’s a win win for everyone. 32 to send USDT over the BEP20 network. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. The platform’s smooth and easy to navigate, got all the tools you need. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. The platform’s user friendly interface and the ability to trade across multiple asset classes also contribute to its positive standing. Below is a comprehensive breakdown of the various payment limits applicable on PrimeXBT. No, PrimeXBT doesn’t charge such types of non trading fees as entry and inactivity fees. PrimeXBT Trading Services, S. At the time of this writing, the supported coins include Bitcoin BTC, Ethereum ETH, EOS EOS, Litecoin LTC, Ripple XRP.

POL ex MATIC price prediction for 2024 and beyond: Is Polygon Crypto a good investment?

The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. So, should you use mobile trading. Scaling in and out of trades is a powerful technique that can help you keep losses low and profits high. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Here are some approximate timeframes. Date of experience: August 14, 2024. Coinmatics is an automatic copy trading platform that allows users to copy the trading operations of profitable traders based on their preferences. PrimeXBT integrates TradingView charts, which is a nice feature. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. Scan this code to download app.

Unveiling PrimeXBT: Claims vs Reality

Below is a table to compare the available methods. Bitpanda is a cryptocurrency broker based in Austria that launched its service in and offers individuals to buy and sell more than 81 cryptocurrencies. Any withdrawal started after 12:00 UTC will be postponed to the next day. Trade with bonuses and rewards from PrimeXBT. Bitbuy is the most secure and trusted cryptocurrency platform in Canada. 5 for PrimeXBT and 3. This is because the platform provides technical solutions for buying and selling currencies, and liquidity is provided from partners. It is possible to contact a manager both directly from the site via a dialog box and via a Telegram bot. Receive the latest news and stay informed. Visit PrimeXBT to experience the platform’s cutting edge financial technology. When it comes to account security, PrimeXBT only has the very basics. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Another common strategy used by criminals is to offer contests, giveaways, or gifts of free Bitcoin and other cryptocurrencies. It offers a user friendly trading experience right from your smartphone, including the option to deposit or purchase digital assets within the app and use them to trade 100+ markets. PrimeXBT offers leveraged trading up to 100 times the amount you contribute. PrimeXBT enjoys a solid reputation within the trading community, with users frequently praising the platform for its advanced trading tools, high leverage options, and responsive customer support. While PrimeXBT receives a lot of praises, there are a few areas where users have expressed concerns or suggested enhancements. Cardano’s main objectives are to enable the creation of smart contracts and decentralized apps DApps, as well as to provide a safe and decentralized platform for financial transactions.

Is PrimeXBT Right for You?

PrimeXBT is a sophisticated online trading platform that offers a range of financial instruments across multiple asset classes such as cryptocurrencies, forex foreign exchange, commodities, and stock indices. October has also historically been a stronger month for Bitcoin performance, with average past returns of around +23%, further adding to speculation that the Crypto is due a sustained bullish period. This is what the ranking of the best strategies looks like. Services related to cryptocurrencies buying, selling, exchanging are provided by Baksta UAB, which is registered in Lithuania. Deposits of digital currencies from an external wallet are free. Online Marketer, Writer and Entrepreneur. Throughout my testing, the app performed smoothly without any bugs or glitches. In our opinion, the presence of a position holding fee makes intraday short term futures trading more profitable for PrimeXBT clients than medium term and long term transactions. 🚀 Website: Dive into PrimeXBT’s core info and updates. For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available. This can be a passport or other form of identification. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better. This multi asset platform allows traders to hedge positions, diversify portfolios, and leverage market movements.

Deposit Fees

The platform is known for its advanced trading tools, competitive fees, and user friendly interface, attracting over 1 million users from 150+ countries. Registration is swift at PrimeXBT, taking one minute or less, and requires only a 0. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Yet, the ease with which one can leverage these trading opportunities remains uncertain. These users are made up of skilled traders who enjoy a lucrative 10% of the profit earned by each of their followers, and users who want to copy the trades of skilled traders for some passive income. Prime Technology Ltd is PrimeXBT’s Technology Provider. Trading involves risk. © 2024 The Money Mongers. We understand the importance of risk management, especially with high leverage, and appreciate your suggestion regarding phone support. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. These sources of income must be declared on your income tax return. You’ll also receive a unique backup passphrase. That can be an ID card, passport, residence permit, or driver’s license. However, insurance coverage is still rare within the crypto industry. Go to Settings > Security and enable Install from Unknown Sources if prompted. The only token for which PrimeXBT supports staking is COV. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Price trend can be any direction leading to the chart pattern. In cross margin mode, this changes since the total of all your account and your realised P/L can be used to trade and be your margin allocation simultaneously. Io is a great exchange, don’t get me wrong. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. 🥳 We’re excited to celebrate the 9th Ethereum Birthday with a special giveaway where you can win a share of 1 ETH.

Help Center

Not suitable for beginners. We’re glad to hear you’re enjoying the quick order execution, advanced tools, and low trading fees. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Account replenishment can be done both directly in cryptocurrency if the client has his own wallet and in fiat currency US dollar. I read a lot of reveiews and articles about PrimeXBT and I found out that this is the only platform that provides equally good trading terms across all asset categries. Additional terms may apply to free offers. This is ideal for traders who wish to create a stable income over time. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. These include ADA/BTC, DOT/BTC, EOS/BTC, ETH/BTC, LTC/BTC, and XRP/BTC. Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. Market commentary is available under Market Research. However, the accuracy of this claim is up for debate. Disclaimer: The opinions expressed here are not investment advice; they are provided for informational purposes only.

Restricted Jurisdictions

PrimeXBT supports direct crypto deposits with varying processing times: Bitcoin network transactions average 40 minutes, ETH and ERC 20 tokens about 4 minutes, and BEP 20 BSC blockchain and TRC 20 TRON blockchain tokens approximately 1 minute. KYC is optional and up to both traders if they want to require the other party to KYC through the decentralized identity systems that OpenPeer provides. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Continuing our mission to offer the best possible trading experience to our clients, we are very happy to announce that. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. No, BitMEX primarily focuses on cryptocurrency derivatives and does not offer forex trading. These contracts can be settled either by physical delivery of Bitcoin or through cash settlement but are typically traded on open markets before their expiration multiple times over. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. As is the case with any exchange, there is always a possibility of hacks. Email login notifications can be disabled from your account Settings menu. $20,000 or equivalent for unverified users. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. Best regards,The PrimeXBT Team. Information regarding past performance is not a reliable indicator of future performance. While these features are indeed impressive, the durability of the trading ecosystem they belong to raises questions. Users of the crypto exchange can receive various bonuses and take part in contests and promotions with cash prizes. Learn more about Baksta’s Legal Terms.

Risk warning

Sometimes, it’s not too late to join the party. Are we on the brink of a mega rally or further decline. The provider claims that it has a 96% success rate, but it does not provide a free Telegram channel or free Cryptocurrency trading signals. Kate Leaman Levi ist eine Expertin für Finanzinhalte bei PrimeXBT, bekannt für ihre Beiträge zum Finanzberichtswesen und zur Finanzanalyse. Each strategy requires a solid understanding of market dynamics and robust risk management to be successful. Here’s a look at how PrimeXBT gets the job done consistently, and keeps users’ funds safe and secure from any intrusion attempts, hacks, or worse, and ensures full AML compliance at the same time. Keep in mind that trading with margin may be subject to taxation. The price of cryptocurrency that the user sees on the platform’s website is indicative, as the crypto market is very dynamic, and at the time of the transaction the user will be provided with the rate current at the time of purchase/sale. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Understanding options trading is crucial for anyone looking to diversify their investment portfolio. Still finding PrimeXBT too complicated. Switching markets and searching trading pairs on PrimeXBT is straightforward. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. They also use Cloudflare’s technology to mitigate the risks of DDoS attacks. Our guidance is designed to empower our followers with the knowledge and tools needed for a rewarding copy trading experience. This fee structure is straightforward and transparent, ensuring users are aware of the costs associated with moving their funds off the platform. Analytical articles can be found in the “Blog” section of the company’s website. This affords opportunities to diversify your portfolio and make more money. You can also check out our detailed reviews on both Ledger and Trezor wallets. PrimeXBT is one of many brokers on the market that offer trading services across various asset classes. Jumping into margin trading without a plan is like venturing into a battlefield unarmed. PrimeXBT’s advanced charting tools and indicators can help you analyze the market and make informed decisions. Follow the instructions sent to your email to create a new password. PrimeXBT delivers a robust trading experience with its advanced platform, high leverage, and wide range of assets. Ultimately, advanced users who desire both competitive fees and a greater selection of trading products than what either FTX or Coinbase offer may find the choices below equally valuable. Trade with confidence knowing we are trusted by 1,000,000+ people worldwide, for our award winning products, our commitment to security, and the 24/7 support we offer. Its cybersecurity features numerous layers of protection to safeguard your investments as well as your identity. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. These features aim to improve the trading experience, but their real world effectiveness remains to be assessed as we explore further.

PrimeXBT Free Trading Contests Demo!

However, traders are also interested in new assets that show growth potential. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Anyone can view, post, and comment to this community. Slippage occurs when the execution price differs from the expected price, common during high volatility or low liquidity. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. In conclusion, PrimeXBT is a robust trading platform that offers advanced features like copy trading, a user friendly interface, and competitive fees. With high leverage options, a unique Covesting module, and access to multiple asset classes, it provides ample opportunities for users to explore diverse trading strategies. Go to the “More” section, “Blog”. Customer Due Diligence CDD may be initiated at any time to verify identity or source of funds, safeguarding against misuse and ensuring adherence to Anti Money Laundering AML requirements. 9 USDT for every 8 hours. This cryptocurrency emerged due to dissatisfaction with Bitcoin’s direction,. In PrimeXBT, traders have access to contracts for the price difference of various market assets including popular cryptocurrencies. You can’t use multiple accounts to receive the deposit bonus. However, due to the harsh regulatory requirements in the US, Bybit does not serve US residents. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. Open the downloaded file and tap Install to complete the installation. Earn 15% on the fees of people your direct referrals invite. For example, in addition to going long or short on more than 80 different trading instruments, users can also access 24/7 live customer support chat or toggle security or account settings. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Futures are high profit and high risk, while Options are less risky but still provide much profit opportunity or the chance to hedge spot positions.

Exchanges

PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Ultimately, choosing a no KYC platform depends on your personal priorities and risk tolerance, but for many, the benefits make them an attractive alternative to traditional exchanges. 071 USDT in trading fees. However, if the price of Bitcoin falls by 10%, your $5,000 position would be worth $4,500. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. This is supplemented with a selection of video tutorials and visual guides and a help centre with a fleshed out FAQ section. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. The conversations create openness, allowing you to build rapport and gain trust in the trader behind the stats. The exchange is also a cryptocurrency startup that has its own „native asset” used in the Binance ecosystem as the „basis gas” payment internal unit. PrimeXBT offers various leverage ratios, enabling traders to amplify their potential profits while managing risks. Next, we will delve into the details of the countries where PrimeXBT is supported. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. Really i don’t know why developers of primexbt ios app don’t look to bybit and binance or ftx exchange ios app Your app need a lot of features i can’t make my favorite watchlist ffrom different markets just in one watchlist on ios app i don’t have to see pairs or coins i don’t trade every tome i check prices or just changes and indicators i don’t have to set my indicators in every single pairs and different markets It must be just one time and ios app save it in all pairs and markets in tradingview of primexbt please at least you must be like other exchanges ios apps secondly i will write another review to be creative and make new features. Follow these easy steps to ensure your account is fully verified. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. PrimeXBT stands out as one of the best leverage crypto trading platforms in the industry.

PrimeXBT what is it?

All in all, PrimeXBT appears to be a very well rounded trading platform. Here’s why PrimeXBT is a top choice for crypto trading. PrimeXBT stands out with its leverage trading options. PrimeXBT is committed to adhering to international regulations and implementing measures to ensure compliance with legal standards in the jurisdictions where it operates. Followed traders on a copy trading platform are basically signal providers, with the main difference being that their signals are automatically opened on the accounts of their followers. However, they are mostly implemented by traders with knowledge about software programming and APIs. On the PrimeXBT platform, users can trade open long or short positions on a range of Crypto Futures, including Bitcoin, Ethereum, and Litecoin. However, there’s a demo version for new users who are unsure about using the exchange. 🚀 We’ll explore how PrimeXBT operates, its diverse services, safety measures, and its ideal users. This is one of the most impressive points about PrimeXBT’s trading platform. Disclaimer: This page may contain affiliate links. They also go over broader trading disciplines such as Technical / Fundamental analysis etc. And you can also purchase cryptocurrency for your deposit using Baksta affiliate service. The United States Commodities Futures Trading Commission deems it a commodity. I’m sure that many crypto traders like me consider this to be an advantage. There are many aspects of trading that aspiring investors and traders will need to learn before taking a dive into volatile, shark filled markets. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. The Cardano project strives to reduce smart contract flaws and vulnerabilities through the use of formal procedures, lowering the possibility of security breaches and monetary losses.

Worse

While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. To minimize forex trading fees on PrimeXBT, consider using limit orders to take advantage of lower maker fees, monitor and choose currency pairs with narrower spreads, and plan your trades to avoid holding positions overnight if possible. The file is verified secure by PrimeXBT. Other market leaders like Cardano and Solana have also displayed increased interest. You can track your referrals and earnings from the ‘Statistics’ and Referral network’ sections. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Both PrimeXBT and Binance offer support and resources to assist their users, but their approaches differ. Security is a major priority at PrimeXBT, featuring multiple layers of protection, including multi signature wallets, two factor authentication, and encrypted communications. Additionally, the opinions expressed by the commenters do not necessarily reflect those of Bitcompare or its staff. 01%, while the taker fee is 0. Wouldn’t it be interesting then if the golden ratio of 1. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. Other assets have even lower financing. Key sources include the official website, especially for new user sign up bonuses, and email newsletters, which often offer exclusive promotions. PrimeXBT Trading Services, S. There are also chat rooms in Telegram, some of which are localized by the country of residence of the clients for convenience. While it operates in the crowded trading landscape, PrimeXBT has built a solid reputation for its robust security measures, competitive fees, and 24/7 customer support, making it a compelling choice for traders seeking diverse trading opportunities on a single platform. Trading cryptocurrencies with leverage has become increasingly popular in recent years. Nicole WillingTechnology Journalist. Registration takes just a minute or less and requires only a minimum deposit of 0. In return, they receive rewards in the form of additional ETH. You subscribe to their trades and their trades are automatically copied to your account. We’re glad it’s helping you build confidence and improve your trading skills. Then, to cover the total margin required to settle all open positions, all open positions will be liquidated. Here are a few of them. I also tested the fiat withdrawal process, using Volet. Providing a great set of tools for traders is our goal, and we’re glad you’re enjoying it.