◾️Can I change my email?

The market fell precipitously from late 2021 to mid 2022. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Here are the average deposit processing times for some of the most popular crypto assets. I noticed some guys believe that teh trading environment is quite ophisticated here and hard for perception,but I can’t claim the same. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. Testing strategies risk free on the demo is a great way for newer traders to familiarize themselves with the tools and order types. 1M+ community members.

What customer support and educational resources does PrimeXBT provide?

Cryptocurrency deposits usually take between 10 minutes to an hour, depending on network congestion. 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. PrimeXBT Trading Services, S. Predictions suggest that XRP could maintain a minimum price around $0. Would appreciate some feed back before making a decision. He received his MBA from the Wharton School in May 2007, with a major in Finance and Entrepreneurial management. Some exchanges that don’t require KYC verification may collaborate with third party payment processors such as CashApp, PayPal, or prepaid debit cards to enable fiat deposits indirectly. We appreciate your feedback and are here to support your trading journey. Bitcoin is the only start trading accepted method for both deposits and withdrawals. Our website uses cookies.

Scan QR code

Your profit will be the difference between the borrowed amount and the sold amount. However, when interest rates are low, cryptocurrencies become an attractive place to park money, which often leads to long lasting bull markets. You’ll receive a warning if there is anything in the order that could prevent you from setting a Stop Loss. Circulating supply is 979133700 DOGE. Very low spreads with low commissions. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. Deposits are a minimum of 0. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. High performance also spills over into protection. Unlike other orders, they guarantee the price but not the execution. This table provides a quick reference to the key aspects of PrimeXBT’s global reach and regulatory compliance, their descriptions, and their importance. It is important to note that if a position is carried over into a new trading day or trading session, an overnight financing fee is applied. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The 24 hour trading volume amounts to $255256437 USD. Researching the best no KYC crypto exchanges to use to trade securely and privately. Additionally, we provide the option for cash/fiat deposits via alternative payment methods systems in Thailand, Vietnam, and Brazil. PrimeXBT has established itself as a premier platform for crypto futures trading, offering traders a comprehensive suite of features to navigate the dynamic cryptocurrency market. Cash Calculator WidgetRisk of Ruin Calculator WidgetForex Volatility Calculator WidgetRisk Reward Calculator WidgetFibonacci Calculator WidgetCurrency Converter Calculator WidgetCurrencies Heatmap Widget. Margin trading in the world of cryptocurrencies enables traders to control a large amount of digital assets using a small deposit. Dean has an economics and startup background which led him to create Bitcompare. Investors continue to approach Stellar with caution, and as a result in 2023, stellar looks likely to drop all the way down to the $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. If this happens, the bonus is considered spent and the account’s balance will be cleared to 0. The software is web based, with no option to download a desktop version. The file is verified secure by PrimeXBT. Open the downloaded file and tap Install to complete the installation. PrimeXBT is a regulated broker in good standing that caters to Namibian clients. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania.

Customer Support

PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. PrimeXBT offers very high leverage, meaning you can easily keep majority of your assets in safe storage, and trade with a small portion of your portfolio. It faces a monthly loss of 26. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. Learn more about Baksta’s Legal Terms. Scan this code to download app. The most frequent issues include transaction delays, failed payments, incorrect deposit addresses, and verification problems. This means that traders can use the platform without undergoing identity verification processes. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. These are fees charged for any positions held into a new trading day past midnight UTC. 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. Overnight financing is not charged on weekends for markets that are closed during this time, however a triple financing rate is due on Thursday 00:00 UTC. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. Investing in the Shiba Inu Crypto can be a great way to diversify your holdings. Provisional Virtual Assets License: Dubai Virtual Assets Regulatory Authority.

PrimeXBT Covesting Copy Trading

For a detailed tutorial see our quick and easy to understand Welcome bonus tutorial. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Understanding the deposit and withdrawal process is crucial for effective fund management. Categories in Common with Bitso. But in my opinion, these are mostly negligible issues that will only affect a small handful of individuals, if any. There are also chat rooms in Telegram, some of which are localized by the country of residence of the clients for convenience. A day trader can use range trading to detect when a token has been oversold or overbought. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. There are also contests and quick trade options with one click and double click. Prime Technology Ltd is PrimeXBT’s Technology Provider. It offers a range of features and tools that enhance the trading experience and support effective decision making. Educational Purpose Only: The materials provided by EA Trading Academy, including all videos, are intended solely for educational and informational purposes and are not to be interpreted as trading advice. Ensure that all documents are clear, legible, and up to date to avoid any issues. If it is a “good til canceled” order, it remains open and can be triggered later. ✔️Pros of using Bitstamp. Prime XBT also offers investment opportunities in popular stock baskets, including NASDAQ, HK HSI, DOWJ, SandP 500, and more, enabling traders to diversify their portfolios and speculate on specific markets. 1, as well as 0 fees. Trading Fees: The platform charges a flat trading fee of 0. Scan this code to download app. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative.

Is PrimeXBT legitimate?

People from the US can use Kraken’s spot markets where they can trade Bitcoin and certain other cryptos with even up to 5x leverage. Bitcoin is currently at a $211 billion market cap, while XRP’s is roughly $11 billion, representing a $200 billion difference due to Bitcoin’s first move advantage. The main reasons are its high leverage, variety of assets, easy interface, and special features like copy trading and contests. If it is a “day order,” then at the end of the trading session, if the order has not executed, it will be canceled. Here you can trade with both cross and isolated margin which certainly stresses the broker’s commitment to ensuring universal infrastrcture. Returns or profits may be subject to capital gains tax. Stop loss orders are designed to do just that: stop loss. Channels for Customer Support. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Whether or not it will see another parabolic rise in value is much less likely than it was in the past. Bit2Me is a cryptocurrency broker based in Spain that launched its service in and offers individuals to buy and sell more than 78 cryptocurrencies. Although large profits can be made with this leverage, one should forget that it can also lead to enormous losses. Prime XBT Trading Services, S. The spread can change, based upon at what prices people are willing to transact. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges and wallets in one place. If you were to purchase the shares without using any margin, in other words in a cash account, you could buy 400 shares. Millions of BTC are said to be lost or locked away forever, making the asset even more scarce than it may appear. Discover VGO Promo’s Coupons Page: Exclusive Bitcoin Casino Bonuses, Referral Coupons, and Freelance Creative Services. And the more important question hanging over anyone making a DOT coin price prediction, is will continue into 2024. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Bonuses can help reduce fees, increase available margin, and provide enhanced trading opportunities, but they are time limited and may be revoked if the user withdraws funds from their account.

Hybrid smart contracts

In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. PrimeXBT offers a wide variety of assets and trading pairs for traders. It is imperative that platforms designated to facilitate this asset class also grow proportionately. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. 1:10 or 1:20, and low leverage e. Because of this, there was debate among the community whether the hard fork was an acceptable decision provided by the developers as a resolution. Additionally, there are some intriguing economic data points that continue to surprise and perplex market participants. Benefit from spreads as low as 0. @ 2018 2024 Crypto Adventure ®. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. Financial instruments can be designed in a variety of ways, providing flexibility that trading assets alone cannot match. To take advantage of the program, you need to. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. See our short whitelisting tutorial. Here is a look at the different membership plans available with COV staking. According to the statistics, 75 89% of customers lose the funds invested and only 11 25% of traders earn a profit. Binance has a strong reputation across the crypto community and is widely considered to be a safe and secure platform. Your satisfaction and progress mean the world to us. The exact leverage that users will be allowed for the position will depend on the type of asset that they are trading as well as the size of the position that they are taking on. The company is registered in Seychelles and serves clients in over 150 countries. Receive the latest news and stay informed. Date of experience: May 16, 2024. Lastly, you can’t rearrange or resize modules on the desktop platform. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. PrimeXBT offers new traders a risk free way to test their skills and knowledge with a fully featured demo account. Com or you can contact us in the chat room on our website. Binance offers the highest leverage on Futures, with up to 1:125. Best regards,The PrimeXBT Team. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar.

Why PrimeXBT Doesn’t Suck In 50 Words

Direct Crypto deposits from your personal crypto wallets to your PrimeXBT wallets. You can’t use multiple accounts to receive the deposit bonus. The platform provides comprehensive trading services and features to these supported regions. Click Download and confirm the file download if you see a warning. When you get stopped out of a leveraged trade, there is no need to immediately put another trade in the opposite direction. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. So, why would a trader want to trade on margin. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Cardano has the potential for long term growth and adoption because to its distinctive features, scientific methodology, and dedication to scalability and sustainability. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. 💰 Cold storage secures all customer assets, with manual daily withdrawals and thorough risk assessments, prioritizing fund security over transaction speed. The team has put together an extensive self help and FAQ section which is there to help users understand what all the different features do, the products offered, and how to navigate the platform like a pro. Leverage, margin, and trading with leverage explained here. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. 12 milliseconds on average. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. This gives the trader the advantage of making money on «borrowed funds». Since PrimeXBT is solely a derivatives trading platform and does not offer spot trading, it has not been reviewed by many of the trusted ranking websites we typically rely on. Bitcoin started off its life virtually worthless, with a value of far less than a penny when the Bitcoin Core client code was released into the wild. PrimeXBT takes care of me as a customer and I appreciate it and that’s why I’m writing this review ;.

Alternative 2

I have no bonus found. “I am a nobody, I am not important. Find out how we combat fake reviews. The platform undergoes consistent development in line with the expectation that everyone will use and trade cryptocurrencies in the future. If the app is unavailable in your region, you can still access it through direct download from our site. Our clients love how fast and simple our sign up is. PrimeXBT is a multi asset trading platform that allows users to trade a wide range of financial instruments, including cryptocurrencies, forex, commodities, and indices. These fees vary based on the asset and market conditions. In the world of finance, margin refers to the money borrowed from a broker that is used to take a position in various investments. Security measures include Two Factor Authentication 2FA, Cold Storage as well as SSL Encryption. These fees are typically a small percentage of the trade’s value. Open the downloaded file and tap Install to complete the installation. PrimeXBT has dynamic financing fees and low trade fees of 0. Occasionally, PrimeXBT users may face an issue where, despite a successful deposit transaction, the funds do not appear in their account. I could adapt to it pretty easily and I am like a pro trader now but I think PrimeXBT need to add more features for analysis. Most customer assets are kept in cold storage wallets. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount.

Drawbacks of the Fee Reduction Bonus:

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. In the CFD market or contract for difference, you are speculating on the market’s price, not worrying about taking custody of the asset itself. A membership buy in feature is not the same definition of staking used by other exchanges. Risk management is a focus on taking measures to protect against potential capital loss associated with trading and investing. The platform allows users to trade both long and short positions, with margin. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. The platform offers maximum leverage of 100x for BTC and 25 to 50% for the other cryptocurrencies. Margin Trading Conditions. 01% for makers and 0. The smallest unit of Bitcoin is called Satoshi which has a worth of 100 millionth of a Bitcoin. There are also a number of trading products, like XRP futures contracts that allow for shorting and leveraging that make this one of the best ways to invest in XRP. Whether using the app or accessing other key PrimeXBT advantages, users will always get the best and most diverse the industry has to offer. Therefore, you need to learn about the different factors that move the market prices. Be sure to use a password that is both strong and unique not used in any of your other accounts. To activate a promo code on PrimeXBT, log into your account and either go to the ‘Hub’ section and enter the code under ‘Promo code’, or use the ‘Margin’ page. Anyone can view, post, and comment to this community. Out of 177 reviews, 59% gave PrimeXBT a 5 star rating, showing high satisfaction. Receive the latest news and stay informed. Users can withdraw from the wallet trading account by navigating to the Main page of their account and clicking “Withdraw” for the currency they wish to withdraw. For me onboarding at PrimeXBT was seamlss.

Futures Fees

Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. 1 pips when trading CFDs. Again, this will be about the risk you take on. Learn more about Baksta’s Legal Terms. Musk is a bit litigious. Overall, PrimeXBT combines advanced security features with user friendly options to offer one of the most secure trading platforms available. Because PrimeXBT has several components, each with theirindividual statuses, StatusGator can differentiate the status of eachcomponent in our notifications to you. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. 01% for makers and 0. These bonuses cannot be withdrawn but are added to the trading account as collateral for trading. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Download our user friendly mobile application for copy trading and stay tuned to your top traders copied anywhere and anytime. Copper is a vital component in numerous industries, copper consistently attracts investor interest therefore maintains its value in the global market. Recommended Read: PrimeXBT’s Covesting Review. Become a certified Partner. You can hold onto a margin trade for as long as you like, with the caveat that overnight financing can be quite substantial over long periods. Another strategy is to leverage the tools and features offered by PrimeXBT. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. We’ll put it to the test, with verification successful while waiting for the outcome. PrimeXBT was established in 2018 in Seychelles. 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. While direct phone support is unavailable, which could be beneficial for urgent issues, PrimeXBT compensates with other quick help options, like their Telegram bot connected to support staff. 1️⃣ Visit the PrimeXBT homepage and tap the Register button in the top right corner. Predictions suggest a minimum price of $100, with an average trading price of $140 and a peak potential of $250.

4 8

What this means is that because of the highs and lows of trading which feel like wins and losses in a gambling sense, traders can start to be influenced by their own sentiment rather than sticking to tried and tested methods and strategies. Percentage % Tradable Bonus Promotion Terms and Conditions. Yes, PrimeXBT employs robust security protocols to protect user funds during deposits and withdrawals, ensuring a safe trading environment. Learn more about Baksta’s Legal Terms. Being aware of these fees and limits helps you plan your withdrawals effectively. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. Donetsk People’s Republic. Later in this article, we’ll explain how you can safely store Bitcoin. For example, if you trade one BTC/USDT futures contract at the price of $69,000, and the funding rate is 0. Putting one copy trading platform up against another is a straightforward and simple comparison. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. Consider PrimeXBT for its advanced technology, versatility, top notch security, transparent fees, and extensive trading opportunities. Active users across the world. Shorting Dogecoin means that you are betting on the price of Dogecoin falling. Trade over 30+ assets: Crypto, FX, Commodities and Indices CFDs with up to 500x leverage on a fully customizable trading platform. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. How long is PrimeXBT Cyber Monday sale. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. But how easy is it for a newcomer to navigate this platform. 36 and is presently trading. To learn more about this highly anticipated featured, check out the sneak peek.

5 0

1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The platform comes fully equipped with over 50 technical indicators and a full suite of charting and analysis tools. Combined with technical indicators, these tools can help confirm signals or tip off traders when a trend changes. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. PrimeXBT’s overnight financing rates are very low, at 0. Staying updated on the latest trends, strategies, and technologies helps traders maintain a competitive edge, improve their trading skills, and achieve long term success. But how easy is it for a newcomer to navigate this platform. Investment Instruments.

Follow Us

Not available for US residents. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. Learn more about Baksta’s Legal Terms. “Our vision at PrimeXBT has always been to provide people with easy and immediate access to the markets, as well as the education and tools they need to succeed, regardless of their experience. It has five separate embedded wallets within the exchange. 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. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. 02% for Crypto Futures, and a 0. Make sure to check all email folders such as Spam/Promotions/Notifications/Updates/etc. Additionally, the PrimeXBT compliance department reserves the right to ask for additional documentation at any time while using PrimeXBT services, such as proof of address, ID forms, and more, depending on a variety of factors such as client activity or the total amount transacted. Start trading smarter today. It’s important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market. Besides, it protects your password and privacy by hashing them using bcrypt with a cost factor of 12 and encrypting all other sensitive data. This highlights the importance of considering key global events when forecasting and interpreting current price movements in Bitcoin and altcoins more generally. Ethereum is the second largest cryptocurrency in the world, following Bitcoin. Scan the QR code with your device’s camera and get APK file. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Usually, there is a chat icon on the bottom right corner of the website where they can initiate a conversation. Regulatory requirements and restrictions can have a significant impact on traders using PrimeXBT. Any APR shown is a rough estimate of how much cryptocurrency you will earn in rewards over the time period you choose. This move represents a significant moment in the cryptocurrency industry, marking a shift towards greater institutional adoption and accessibility for investors. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. FMP is one of the leaders in the world of specialized financial content. Another example is LTC – for cross margin, its highest leverage is x50, but for isolated margin, it is x30. Continuous learning is key to becoming a successful trader, and we’re here to support you every step of the way. In June 2016, Iván left Aplari to join Libertex Group where he spent nearly three years in different sales positions to develop its Latin American and Spanish retail department. However, it’s important to note that interacting with third party services, such as fiat on ramps, may require KYC for buying crypto with fiat currency. As well as this, the interface for the platform is very straightforward, making SimpleSwap a potentially more appealing option than some decentralized exchange that take a little more getting used to. This reach dwarfs MetaTrader and could be the platform to watch.

🚀 PrimeXBT Deposit Bonus 🔥 Get 20% Bonus For Your First Deposit, Up to $7000 Tradable Bonus 💵

As mentioned previously, cross margin trading is great for holding and keeping a losing position from closing. The complex interface is unsuitable for inexperienced traders. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Below are the key tools available for spot trading. As mentioned, a lot has changed in the cryptocurrency space since it first began, and the real change started happening as the mainstream interest took hold in 2017. Scan this code to download app. But does this make OKX a better choice. Between 6 to 18 characters and contains at least 1 letter and 1 digit. Users can choose from more than a dozen of CFDs and 36 different forex pairs with leverages up to 1000x. 🌟 Hey there, curious investor. Lucia, while Prime Technology Ltd, which is the technical provider for the PrimeXBT platform, is registered in Seychelles. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Our clients love how fast and simple our sign up is.