PrimeXBT Community Platforms

USD, EUR, GBP, KRW, JPY, RUB, TRY, USH, CAD, AUD and 20 others. In addition, the participant investors received a bonus of 20%. No, PrimeXBT does not currently offer any services to residents of the United States. Start maximizing your earnings today. Liquidity risk usually arises when trading with illiquid instruments, such as exotic Forex pairs, exotic cryptocurrencies, or low cap stocks. Thanks again for choosing PrimeXBT. The wide range of coverage PrimeXBT offers is what makes this so popular. Overall, we likely know a bit of a dip at the beginning of the year, only to turn around and show signs of strength again. PrimeXBT does not charge inactivity fees, meaning there are no costs associated with maintaining an account that is not actively being used. However, based on a more optimistic XLM. This is an alarm bell for many, as it means there is no authoritative body to hold the platform accountable or enforce any sort of laws or rules. 07%, its long term performance remains remarkable, maintaining a solid base of 183 followers who have collectively entrusted over $65,000 USDT. Though it is important to understand that as an unregulated broker, traders need to place a lot more trust in the company and are depositing funds at their own risk. However, insurance coverage is still rare within the crypto industry. Educational Resources: The platform offers a variety of resources and tools, including an economic calendar, market news, a trading blog, and technical analysis tools. Attend exclusive PrimeXBT events, network with other clients and learn new skills. The reason is that Bybit supports over 500 crypto assets and crypto derivatives, compared to the approximate 40 found on PrimeXBT. However, the market volatility results in a quick drop to the $0.

Trading Experience

Margin trading enables traders to access borrowed funds from their broker by leveraging their account balance or existing securities as collateral. Because of these features, traders are able to conduct thorough market analysis and make wise trading decisions. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. ‍Editorial disclosure: The editorial content on Bitcompare is not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Even so, Binance has set itself apart by offering an insurance fund for user assets. Information regarding past performance is not a reliable indicator of future performance. Keep track of the tournaments you are participating in and see details of past tournaments on the My Tournaments page. Below is a short guide on how to set up your account and take advantage of this exclusive PrimeXBT promocode. Knowing these details can save you lots of headaches down the road. However, the Cryptocurrency markets tend to be much more volatile then Forex or Commodities markets. In a sense, Chainlink is trying to bring a collaboration between the real world and the blockchain world. Market volatility, trade volume, and system availability may delay account access and trade executions. To prevent Liquidation and manage the risks, we highly recommend using Stop Loss and Take Profit protection orders. Like most exchanges and financial sites these days, PrimeXBT has full SSL encryption. 3 Coleman St, 03 24, Singapore 179804. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform.

Deposits and Withdrawals

We’ve got you covered with access to 100+ global markets on one platform. The major pairings include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, and USD/JPY. Some traders set trailing stop losses, so that the amount of profit continues to climb until a reversal eventually stops out the position in profit. Under US and international law. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. BTC/USDT 1:200%LTC/USDT 1:150%ETH/USDT 1:200%DOT/USDT — 1:50%UNI/USDT — 1:75%. My guidance, rooted in my PrimeXBT AR firsthand experience with brokers and an in depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities. As an example, if you had that same $1000 to invest, and borrowed another $1000 to buy $2000 in an asset, and the price falls 10%, its value will fall by $200. The Fee Reduction Bonus is a useful tool for traders looking to reduce their trading costs and increase the efficiency of their work on the PrimeXBT platform. I liked the platform but I couldn’t get it to work all the time, which could be a deal breaker if it’s not addressed quickly. The global platform is available to customers worldwide, except for countries with service restrictions such as the U. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. It will show up under their respective taps.

Trade your favourite marketsTrade your favourite markets

Visit the fees section at PrimeXBT to confirm the exact fees on the day. 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. The exchange does not currently offer fiat off ramps for withdrawals. Top Tip 💯: Enable two factor authentication when logged in it is not set as default. While I appreciated its user friendly interface, it does face the common limitation of all trading apps: the challenge of analyzing price action effectively on low resolution devices. There are many cryptocurrencies available. Avoiding periods of high volatility can reduce slippage, ensuring that trades are executed at the desired prices. Please note that PrimeXBT reserves the right to initiate KYC verification procedure in certain situations. This product combines innovative features, outstanding performance, and remarkable quality, making it a top choice in its category. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. The PrimeXBT platform has plenty of tools available to suit traders of most skill levels. All they have to do is go to the account section, click the Deposit button. This is where you’ll be able to apply the promo code for the bonus. The EUR/USD pair is a popular currency pair to trade in the. 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. Keep up the great work, and happy trading. For instance, 10x leverage allows for even more significant gains compared to 5x leverage. Those who believe in the network understand that eventually, Ethereum going up is the result once confidence has returned. While Dogecoin’s future may be uncertain, it is always possible to make a comeback with new use cases and improved technology, and it is worth keeping an eye on its future developments. CoinCodex has a more bullish estimate, predicting the coin to reach $ 1. 7186, the month could indicate a bullish trend that might be ripe for capitalizing on investment strategies. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The opinions expressed in articles by guest authors do not necessarily reflect the views of U. Dear DanutaThanks for your feedback, PrimeXBT appreciates your opinion. 💸 Enjoy copy trading, powerful analytics, real time news, forecasts, and trading signals. Log in and complete the KYC Know Your Customer process.

Author

Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. This is why you need a significant short interest. PrimeXBT and Coinbase are quite different in their offerings. To receive max rewards, encourage your referrals to invite more folks. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. This is the difference between being a professional trader, and a gambler. You get to pay with card or crypto. Traders use this order type to improve their entry/exit price, however they do not guarantee execution as there is a chance the market may not reach the limit order level. In short, the ATO is going to find out about your transaction history on PrimeXBT. We’re thrilled to hear you find our platform user friendly and and like the speed of our services. It has recently become impossible to trade with primexbt, as the trading platform freezes very much when opening an order, and when it reaches the take, it does not close immediately, so the price turns in the other direction. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. Moreover, PrimeXBT does not provide Virtual Private Server VPS hosting, which is necessary to achieve ultra fast order execution speeds. Activation window: 24 hours. PrimeXBT’s trading platform has a pleasant and intuitive design and features basic tools like one click trading and alarm setting options.

Features:

Copy Trading provides an easy entry point to profitable trading for beginners. Learn more in our Cookie Policy. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. PrimeXBT clients can fund their accounts using bank cards, e wallets, or cryptocurrencies, while withdrawals are exclusively processed in crypto. I’m going to start off with a big spoiler right off the bat. However, traders should approach Dogecoin trading with a clear understanding of the risks involved and a strategy tailored to their individual risk tolerance and investment objectives. GALA to DOGE Currency Converter. This comprehensive guide explores the various aspects of PrimeXBT trading, including its features, benefits, and strategies for success. Scan the QR code with your device’s camera and get APK file. PrimeXBT accepts deposits via credit and debit card using third party suppliers like Coinify, Perfect Money and Volet, depending on your geo. The platform supports automated trading too, which means I can set up my trades to execute automatically based on predetermined conditions. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Always check the details before participating. 90 per ETH, while Eth is priced at around $200. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. By carefully managing their risk and capitalising on a well timed market move, the trader manages the power of leverage to achieve a profitable outcome. If you have any feedbacks or need assistance, feel free to contact us via live chat or email at. At PrimeXBT, we want you to succeed as a trader. Both have seen massive adoption over the last several years and will likely continue to provide value.

POPULAR

PrimeXBT is indeed based in Seychelles, which is an offshore jurisdiction. It could be hard for publishers to exceed this balance in a week to receive and withdraw their money. Right click on an order to open the drop down menu with the following options. ©2023 Levelz Created By DMZ. The platform’s intuitive design makes it easy for users to navigate and execute trades efficiently. With both long and short trades, profits and losses will be realised once the position is closed. The main reason you should trade commodities is that they are one of the purest forms of trading available. Bitcoin is on the cusp of widespread institutional adoption, and altcoins. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. Its spreads are average to high compared to the industry average, barring cryptocurrencies. As easy as clicking a button on your trading platform. The trading fee is a flat rate of 0. 05% for most trades and providing special rates for crypto futures.

Connect Wallet

PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. Here are some key strengths and innovations associated with Chainlink. The 20% holiday deposit bonus signifies its commitment to providing value as it heads into another promising year. PrimeXBT utilizes extensive cyber security implementations to ensure that strict measures and practices are in place to protect customer funds against risk. This is what is known as the over the counter, or OTC market. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. CryptoNewsZ expect Polygon to reach $7. The platform offers a very limited range of crypto futures markets and conditional orders. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. Some countries are restricted from using PrimeXBT due to regulatory challenges and compliance issues. Kiduldalem, Malang 65119.

TABLE OF CONTENTS

The cons of PrimeXBT include a lack of regulatory oversight, as it operates without a formal regulatory framework. Placing trades on PrimeXBT is simple, with an easy to use order form. Best Crypto Referral Programs. A margin call will be issued as a warning if not enough margin is held. PrimeXBT allows you to buy and sell cryptocurrencies on margin with very attractive leverage ratios. As of writing, the platform has never been hacked or experienced a user loss of funds. I’ve already mentioned the charting functionality being powered by Tradingview, which is excellent, but users also have the ability to change to a standard chart or depth chart for another look at price and orders. Address:Suite 201, 2nd FloorThe FirsCnr Bierman and Cradock AvenuesRosebankJohannesburg2196. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. 30 in 2030 is based on the strong community and network transaction speed, and their own proprietary technical indicators. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. The broker publishes regular market news, weekly outlooks, and general market breakdowns. Copyright © 2025 ROOF RACK AND CAMPING EMPORIUM. Additionally, those who dislike lengthy and invasive verification procedures may seek out cryptocurrency exchanges without KYC requirements. These operators autonomously set the minimum link price based on the demand for their off chain resources. 05% fee for trading cryptocurrencies.