PrimeXBT Copy Trading Reviews

🇳🇦 Top 8 Locally Based Brokers. PrimeXBT is currently offering a welcome bonus to all its new users that directly increase the funds that you can use to trade. Owner: Prime Technology Ltd. If they had not used leverage, the trade would have gained 33% on the original $6,000 – offering a profit of $2,000 instead. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. PrimeXBT is thrilled to announce that our community now exceeds 1 million registered users. Unlimited for verified users. For quick access, simply login on PrimeXBT and start trading right away. Not all trading or investment strategies are created equal, and some are better suited for each trader’s personal traits. He has played an important role in the early phases of the industry. Best regards,The PrimeXBT Team. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees.

PrimeXBT Review 2024: Pros, Cons and How it Compares

Kicking off the list, BTC to 100k has achieved a perfect win ratio of 100% across 21 orders, a testament to its flawless operational accuracy. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. It is made to be secure, private, open source, and user friendly. PrimeXBT also makes use of the liquidity provided by larger exchanges and market makers in the industry. Recurring Commission Affiliate Programs162 companies. Shorting Bitcoin on PrimeXBT is possible thanks to the contract for difference market that enables price speculation without physical asset ownership. Besides my profit, the exchange charged an extra £29 in fees. The mobile app has most of the features and functionalities you get on their desktop trading interface, including detailed charts and all the order types. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Despite the successful launch of the Ether ETF, this timing hasn’t been as favourable as the BTC ETF launch. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. When choosing a trader, it’s easy to make the mistake of focusing too much on a trader’s performance. Placing trades on PrimeXBT is simple, with an easy to use order form. All logins to your account are reflected in your Settings menu, under Last logins. MStock: MF and Stock Trading App. It boasts a $545,000,000 daily trading volume that involves 80+ trading assets. When you do open up your first trade, make sure you have an idea as to where you are trying to take profit, but perhaps more importantly, where you need to place your stop loss order. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. You will receive a confirmation message indicating that the promo code has been successfully activated. We couldn’t find anything matching your search. Accordingly, this broker has excellent reputation. So, is PrimeXBT the exchange for you. Understanding the fees and limits associated with withdrawals is important for efficient financial management. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. CBN Regulated NG FSCA Regulated SA FCA Regulated UK CySec Regulated CYPRUS Asic Regulated AUSCMA Regulated Kenya. The trade fee is charged every time you open or close a position. Zaporizhzhia and Kherson. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

PrimeXBT Headquarters

To ensure the exclusion of bad actors who have obtained cryptocurrency through illegal or illicit means, or originates from a known wallet associated with an exchange hack, the dark web, etc. Unlike other notable cryptocurrency exchanges, there is an extended range of assets that traders can trade on this platform. Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. Good company in a journey makes the way seem shorter. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. PrimeXBT keeps their trading fees competitive, and they keep them lower than the industry average to make sure they do not eat up a lot of the trader’s potential gains. Thank you for choosing PrimeXBT. This can primexbt.com have a direct impact on DOT price. Who wants to be part of a platform over which the founders are all going to prison. It’s become a market standard. Making a Deposit on PrimeXBT with AdvCash. If you are looking for a leveraged cryptocurrency exchange with relatively advanced technology, transparent and low fees, and strong security procedures then it should be considered. This is why money management and using stop losses is a crucial part of trading. Short selling, on the other hand, allows you to profit from falling prices in the market. 🌐 In the cryptocurrency market, this entails utilizing algorithms to analyze market data, spot trading opportunities, and execute trades at speeds and frequencies beyond human capability. A quick 3min read about today’s crypto news. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Com, and we’d be happy to assist you. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. Avoiding periods of high volatility can reduce slippage, ensuring that trades are executed at the desired prices. Com use credible sources to support their work. A stop loss order is placed at a level where if reached, only 0. Date of experience: April 26, 2024. Simple and convenient trading terminal;. 18 USD at the time of writing March 2024 DOGE has outperformed this initial prognosis. FEI and GAC Wealth Management. VERIFIED NEWS: Salaries and compensation for Nigerian workers can now be paid in US Dollars, you acquire premium domains for as low as $1500 and PROFIT $22,000 ₦34 million Click here. The customizable trading interface has advanced trading tools and over 50 technical indicators.

PrimeXBT Headquarters

They employ a long trade strategy with leverage, essentially placing a magnified bet on Bitcoin’s price increase. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. PrimeXBT positions itself as a platform that offers advanced security and copy trading, among other features. With PrimeXBT offering so many unique features that make it stand out from the other trading platforms, it is a no brain for traders to cross and use it. Precious metals can be traded from 22:00 to 21:00. PrimeXBT makes sure that traders feel comfortable when trading. Click ‘Send Order’ followed by ‘Confirm’ on the ‘New Order Confirmation’ screen. Polkadot price is subject to market volatility, a common characteristic in the cryptocurrency space. The margin account, however, makes $49,900 profit with only $100 and enough money to cover margin maintenance requirements. Slippage refers to the discrepancy between the expected stop price and the actual execution price. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. Agree and Join LinkedIn. PrimeXBT’s focus on direct support and comprehensive guides ensures that users can quickly find answers and resolve issues. Bitnation foresees that AAVE could reach a maximum price of $176. Our website uses cookies. You should also monitor the block times and tokenomics. The account setup process involves providing basic information, completing the KYC know your customer verification, and depositing funds into your account. These limits ensure that transactions are processed smoothly and securely. This is because the actual login page should have a secure padlock in the browser. In 2015, the Swiss National Bank abandoned the 1. Dear Suresh,We appreciate your insightful feedback on PrimeXBT. I have been trading futures for a long time and during this time I managed to withdraw crypto to my cold wallet several times. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 2024 00343, having its registered office address at PKF Corporate Services Ltd. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit.

Perfect Money

PrimeXBT’s focus on functionality makes it ideal for traders who require advanced tools and features to implement their strategies. Other countries prohibit foreign currency trading for reasons best known to them. The biggest perks of PrimeXBT are its offering of FX pairs, commodities, CFD and global market indexes, which are very unique offerings compared to other crypto exchanges that do not offer any products outside of crypto. 339 sk no 10/ ABağlar / Diyarbakır. We should note that we carried out much of this review on the PrimeXBT app. In conclusion, PrimeXBT stands out as a powerful and versatile trading platform for traders of all levels 🌐. Here you can find additional information on how to trade futures products. LINK is the native token for the Chainlink network; it is built on the Ethereum platform, making them compliant with its protocols. Accept the Terms and Conditions by clicking the check box. Price trend can be any direction leading to the chart pattern.

Crypto Futures Platform

This summarized statistics are based on the information of markets and exchanges registred at Coinhills. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. Tip 5: Connect on Telegram. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. Doing so dramatically mitigates the risks of a single point of failure. During testing, I received fast responses with a reasonable level of detail. Chainlink allows the blockchain world to interact with the outside world. Instances triggering a CDD procedure include potential misuse of our services or suspected violation of our Terms and Conditions. It also offers you a great way to speculate on the price movements of indices like the SandP 500, commodities like gold, silver and oil, as well as currency pairings such as the US dollar against the euro and so on. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Good platform to learn how to trade. Users can hedge against other positions and risks and speculate on different markets and sectors. Readers can determine the potential value of investing in Polkadot by studying the platform’s capabilities and market prospects. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. The platform is ideal for those seeking high leverage, offering up to 200x leverage on Bitcoin BTC and Ethereum ETH CFDs, but its standout feature is its copy trading module that allows traders to replicate the trading strategies of more experienced users. Every few years, the number of Bitcoin that come into existence through Bitcoin mining is halved in size, which means that the last Bitcoin could be mined as late as in 2140. Limited time welcome offer. Once the trial will face its end, it has immense potential to alter the regulatory landscape for the entire Cryptocurrency industry. Therefore, soon, the market could be as regulated as the traditional financial sector. Let’s see how these work on OKX. Margin trading by extension also gives you the ability to take on more positions than you normally would, because the amount of leverage that you have via a deposit means that you can split up your portfolio into many more positions than without the ability to use leverage. Bitcoin margin trading has helped inject institutional investors into the industry, which is a significant factor behind Prime XBT’s popularity. Many traders find value in having access to both crypto and traditional markets as it allows for a broader investment strategy, especially in volatile economic times. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading.

About Us

We take allegations of unfair practices seriously and would like to investigate your claims to resolve any issues. Use these tips to optimise your trader selection and profit through the wisdom of experts. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. Returns or profits may be subject to capital gains tax. If it is effective, this might draw consumers, businesses, and developers, increasing the value and usefulness of the Cardano coin. Get upto $30,000 in Rewards using the below link. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. This is always a tricky aspect to analyse when writing up a review for advanced trading platforms. PrimeXBT offers mobile apps for both iOS and Android devices, allowing you to trade on the go. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. When trading financial instruments, margin is the collateral that a trader needs to put up for deposit with your broker or exchange to cover potential credit risk that the trader poses for the brokerage. I love this equipment as it is very handy and useful. The platform offers a very limited range of crypto futures markets and conditional orders. So you have full control of your leverage and risk by controlling position sizes in your portfolio. It’s a one stop shop for all your trading needs. To claim this bonus, follow these simple steps. Deribit only accepts deposits in Bitcoin. TradingView charts are also available, helping users analyze and make better decisions.

Step 3: Withdrawal and Review

To deposit on PrimeXBT, log in to your account and go to the “Deposit” tab. Dear Martin,We’re glad to hear you’re enjoying the seamless payment process and pricing on PrimeXBT. Participants cannot leave a contest and rejoin to reset their balance or start anew. This process is designed to enhance the security of your transactions and account. Hit app world’s worst app time wasting money wasting and fees are like 60% of your amount don’t invest. ApeX Protocol: Trade Crypto. We appreciate your feedback on adding more features for analysis. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. Quick access to Global Markets margin and Crypto Futures trading accounts, Covesting sections and Contests;Trade access Global Markets Margin trading and Crypto Futures trading platforms, manage your accounts, monitor the market, place trades, and control your orders and positions;Buy Crypto purchase cryptocurrencies using a Bank Card / SEPA transfers / Gift cards / Alternative Cryptocurrencies via third party exchange services;Copy trading Covesting Strategy Management and Followings;Contests the risk free environment that allows traders to test their skills and compete with other participants to win real prizes. Utilize credit/debit cards, SEPA transfers, or leverage Coinify to swiftly add Crypto to your portfolio. Explore and compare the 5 most popular PrimeXBT alternatives and competitors.

PrimeXBT Futures Trading Fee Structure

Everything works greatly and fastly. If you bought 1 BTC at $10,000 USD at say Coinbase, and then sent that to a Korean wallet and sold it on one of their exchanges for the premium price of $11,000 USD you will make an easy $1,000 USD profit. If you have any further questions or require assistance, please don’t hesitate to reach out to us. Debit/Credit Card Withdrawal Fee. $67,000/200 = $335 0,005 BTC. Best regards,The PrimeXBT Team. At PrimeXBT, the markets are not just avenues; they’re gateways to a world of financial possibilities. Additionally, it helps show a broker is confident in their services, is transparent, and trustworthy. Like any other loan that you take out, you will have to pay back any of the money that you have borrowed plus interest. The last month of the summer was hot on the Copy Trading leaderboards. Type below and hit enter. While BingX focuses mainly on cryptocurrencies, PrimeXBT also offers forex, indices, and commodities. The platform’s multilingual support enhances the user experience by allowing traders from various backgrounds to navigate, understand, and utilize the platform in their native language, leading to a more comfortable and efficient trading environment. Read our latest cryptocurrency, commodity and stock index forecasts for the next six months, 2024, 2025 and beyond. Prime Technology Ltd is PrimeXBT’s Technology Provider. For example, a 20x leverage means that if you have $1, you can trade up to $20. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors. By strategically using these bonuses, traders can significantly improve their profitability and trading efficiency. Experienced traders can also profit by allowing others to copy their trades. It also provides a breakdown of individual crypto and US dollar balances. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Next, we will look at how to apply these promo codes on PrimeXBT. Within the « Actions » menu, click « Sell, » pick the desired crypto and fiat pairing, and confirm your withdrawal. 545 billion in May 2020. The idea is that margin trading allows the trader to take on much larger positions than typically allowed. Hoskinson studied math and cryptography at the University of Colorado and applied his knowledge to the projects he has worked on. Our analysis also didn’t find any glaring red flags and appreciate Bybit’s dedication to security. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. Healthcare: Cardano’s blockchain features could be useful for the healthcare sector. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback.

EveryPlate Affiliate Program

Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. PrimeXBT Special Offer: Use this link to register and enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC. Interested in learning more. Best regards,The PrimeXBT Team. There are no minimum deposit requirements while the Convesting copy trading fee is 0. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. In the cryptocurrency space there is a lot of room for run of the mill digital assets like Bitcoin, but. Risk management tools like stop loss protection or take profit orders are necessary to keep losses to a minimum and profitability high. BTC/USDT is currently the most active trading pair on PrimeXBT, and saw $ 136. It is also a great way for experienced traders to earn some extra income from other traders. The opinions expressed on Bitcoinsensus does not constitute investment advice and independent financial advice should be sought where appropriate. Despite positive reviews, few complaints, and a history of satisfied traders, the absence of regulation is a critical factor to consider. Low tier regulators tend to offer the least comprehensive oversight of brokerage firms. Users can open accounts, deposit crypto, and start trading with just an email address. In the buy crypto section of the platform, users can exchange their crypto for fiat currencies and withdraw to their bank account. An alternative way of trading Bitcoin is to buy and sell the coin through an exchange. Understanding the nuances between cross and isolated margin is crucial for tailoring your trading strategy effectively, and we’re glad our team could provide the clarity you needed. After logging in, the Welcome bonus countdown timer will reflect how much time is remaining until the offer ends. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. It’s the most valuable resource we have. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. Depositing from MetaMask ensures a secure and efficient transfer of your funds to PrimeXBT.

EveryPlate Affiliate Program

PrimeXBT allows its affiliates to promote services from other providers. For more information, see the developer’s privacy policy. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. Crypto Deposits: PrimeXBT offers free crypto deposits. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. These are professionally done and well presented. @official forex management page. Bitfinex is a digital asset trading platform offering state of the art services for digital currency traders and global liquidity providers. You can trade crypto without your identity verification. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. Scan this code to download app. The PrimeXBT mobile apps have overall ratings of 4. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. PrimeXBT offers built in technical analysis tools. Additionally, old promo codes will continue to function as usual. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Contents

During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. The fee will remain the same regardless of the amount being withdrawn. Implement proper risk management techniques to protect your capital and minimize potential losses. We’re delighted to hear that our clean interface, comprehensive charting tools, and the ease of making deposits meet your expectations. Before submitting a withdrawal, make sure to transfer your funds to the account Wallet. If you have decided that you would like to try out the PrimeXBT platform then you will need to register an account. It involves analysing prices and volumes to predict future market prices. It is possible to use third party services such as Coinify, Xanpool, or Paxful TC, which will allow you to buy BTC, ETH, USDT and USDC using your bank card, SEPA bank transfer, gift cards, etc. This often includes crypto derivatives like perpetual futures and options. As a decentralized exchange, PancakeSwap will never ask you for personal details and there’s no KYC necessary. Last on this list of AI bots for trading crypto is WunderTrading. Before investing in a token, research the exchanges that support it and the trading pairs available. Let’s take a look at what our PrimeXBT review managed to uncover. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Here’s a step by step guide to help you execute this process efficiently and securely. Specify the amount to convert and click Exchange;. $20,000 or equivalent for unverified users. However, if you’re completing the leveraged position within 24 hours, then you don’t have to pay any fee. I myself went to Coinbase which although it is overseas based its been flawless compared to my experience with Coinstash. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. Overall, I rank PrimeXBT in the middle of the pack. 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. For example, if the trader bought Bitcoin at $50,000 and sold it at $54,000, the profit is $4,000. Date of experience: April 30, 2024. It depends on your individual risk tolerance and experience level.

Grab Binance $600 Bonus

The remaining 40% is spread equally between the platform and the strategy manager whose strategies the user copied. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. Upon visiting the account section, you can access the Deposit page by clicking on Deposit in the left hand sidebar, or you can click on Deposit to Wallet in the Account Summary page to initiate the deposit process. Even so, Binance has set itself apart by offering an insurance fund for user assets. The Covesting feature allows investors to browse the investment portfolios of other traders who have a proven track record and copy them. This sets it apart from other trading platforms. US Dollar Forecast: Eyes on ECB Rate Decision, EUR/USD and GBP/USD Outlook. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. Volet deposits are free, while Perfect Money charges a 1. You’re all set to explore the platform and start trading. Collinson and Stripe supported Stellar with over $3 million in seed funding. It’s a win win for everyone. PrimeXBT supports deposits in BTC, ETH, USDT, USDC, and COV. Please make sure that the form is filled correctly. It also gives them the ability to reach out to customer support right there in Telegram. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. By May, BTC’s price had dropped back down below $63,000. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. While this exchange won’t be for everyone as you’ll need a firm understanding of leverage and risk before you start playing around with contracts, it’s an excellent option for those looking for more advanced investment opportunities as many services like these are often restricted in countries like the US, UK, Canada and Australia. In this scenario, you’d experience a loss of $500 excluding fees. Receive the latest news and stay informed. 99% fee, not PrimeXBT. You can open an account and start trading with just your email address. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own.