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We’re pleased that our efforts in making the platform accessible and easy to navigate are appreciated. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. You need to deposit 0. PrimeXBT offers a dynamic trading platform with a variety of payment methods. Founded in 2018 and headquartered in South Africa, PrimeXBT is a financial derivatives broker that provides forex, CFDs, and crypto futures trading solutions. Our clients love how fast and simple our sign up is. These products are not suitable for all investors. PrimeXBT does not offer swap free trading via Islamic accounts at the present rate. Information regarding past performance is not a reliable indicator of future performance. ” really stands out and has become the catchword of the PrimeXBT brand. It costs more to execute a full sized EURUSD trade with PrimeXBT than with the typical STP broker. Moreover, it’s a coin that has made the whole Crypto community debate its value, and where it will break the barrier of $1 per coin or not. Market Search: The dedicated “Markets” page allows you to quickly search for available markets, with filters for popular markets, forex, indices, commodities, and cryptos. PrimeXBT handles withdrawals in a structured way to ensure efficiency. To determine whether PrimeXBT is worth the investment, we’ll conduct a cost benefit analysis, compare it with alternatives, and deliver our final verdict. Currently, PrimeXBT charges a very low flat fee of about 0. This is PrimeXBT’s biggest weakness. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. PrimeXBT offers a No Deposit Bonus, enabling traders to explore the platform’s features without any initial financial commitment. Open the downloaded file and tap Install to complete the installation.

PrimeXBT Review 2025

The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. This makes it a good choice for traders who want to diversify. Margin trading can increase the size of your positions beyond the actual funds available in your account, but it can also increase your market exposure. But, the transparency of this process raises questions. CoinEx offers a huge range of investments and products, with more than 600 cryptocurrencies available for spot trading, margin trading, and futures trading. Profit from the markets by following the experts. One of the things I respect most about Bybit is their continuous efforts to advance and benefit the entire industry with their Bybit educational academy Bybit Learn, which is so high in quality that it rivals the likes of the Binance academy. To create an account and start trading on Coinbase, you must verify your identity by providing personal information and documentation. Beginners get quality educational content, market research, and a proprietary copy trading service. Since founding NEP in 2008, Mr. Can I change my leverage. Low tier regulators tend to offer the least comprehensive oversight of brokerage firms. Its intuitiveness and simplicity provided a pleasant trading experience. The most common mistake when trading cryptocurrencies on margin is to overtrade. CET via live chat, which is available from the bottom right corner of the main page. 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. Yes, PrimeXBT offers a demo account where you can practice trading with virtual money. The probability of an upward breakout is high because the trend on the higher timeframes is upward. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. Receive the latest news and stay informed. Oil price is heavily influenced by political movements and uncertainty. Brief Price History: Binance Coin first traded at under $1, but at the peak of the bull market in 2017 reached $16 per BNB. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Using the CFD market is a great way to hedge potential exposure. PrimeXBT and Coinbase are quite different in their offerings. It’s important never to invest more than you can afford to lose. Swing trading is a medium timeframe trading strategy, typically lasting days to weeks, potentially a couple of months depending on the market conditions and trading range. The goals with Litecoin were to offer a faster solution than Bitcoin with many of the same benefits. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. PrimeXBT provides layered research content developed in house.

Deposit and Withdrawal

Trading involves risk. Go to the pool of traders and choose one or more traders whose strategies suit your needs3. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Ordinary Income: You can easily end up earning income from a number of sources such as staking, distributions, commissions and many more. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. 67 USDHow can the financing of this trade outweigh the profit by a few cents. The provided educational materials do not constitute professional advice in any area, including investment, financial, legal, or tax. The status of PrimeXBT FX a withdrawal can be checked in the ‘Transaction History’ or ‘Withdrawal’ section of your account. For example: Let’s assume that BTC is worth $67,000, and you’d like to open a position worth 1 BTC with 200:1 leverage. For example, if you only have BTC and want to do a ETH/USD trade, you can turn your BTC into ETH tokens to do so. The process generally involves. 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. If we are speaking of globalisation and availability, Ethereum’s technology provides exactly this – unsencorable applications.

How PrimeXBT Bonuses Work

This feature is common amongst popular crypto exchanges and is a great way of balancing out your altcoin portfolio. We offer a range of trading bonuses, as well as discounts on fees, on both CFD Trading and Crypto Futures trading accounts. They do in fact put their money where there mouth is, reporting their July 2023 signals where a staggering 90. 📈 PrimeXBT now features TradingView price charts across all assets, empowering traders with advanced technical indicators and comprehensive market analysis tools. Therefore, many people trade DOGE but dump it quickly. Not the marine mammal, but crypto whales – i. In reality, BTC and ETH are the only two assets at the moment that have access to x200. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. Another noteworthy feature of PrimeXBT is the wide range of trading tools and order types it provides. Contracts for difference CFDs are derivatives that speculate on the underlying asset’s price without physical ownership. While some optimistic predictions suggest XRP could reach triple digit values, a more realistic outlook based on current market trends and Ripple’s use case points to a maximum XRP prices range of $5 to $10 in the next 5 10 years. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Tradable assets aside, here are the products and features PrimeXBT brings to the table. Being honest, trading bitcoin is exhausting and it indeed takes a lot of energy. 2024 00343, having its registered office address at PKF Corporate Services Ltd. I have compiled the table below to help you better understand the difference between the trading fees with PrimeXBT’s CFD Trading account and the industry average. Subscribe to our newsletter, you are in very good company. For traders who might want to make orders above $50K, they must undergo another verification process, which involves opening another account and verifying it through an email sent to the address used to create the account. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. It also provides discounts to high volume traders. There are also other less tangible so called “soft announcements”, such as the University of Michigan Consumer Sentiment, which measures how the US population “feels” about the economy. Best RegardsThe PrimeXBT Team.

How to Set Up PrimeXBT Bot?

Virtual Assets are high risk products, highly volatile, with fluctuating values. Finally, PrimeXBT also runs a pretty unique medium blog. This transparency helps you choose a trader you’re confident in copying. Simply search for “PrimeXBT” in the App Store or Google Play and click the download button. 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 responses were fairly detailed but lacked accuracy in addressing all queries. However, insurance coverage is still rare within the crypto industry. The fact that it is intended to be used by major financial players, and is getting adopted as such, means that there is a lot of room for growth and XRP remains a good investment. Easily buy 60+ Crypto with Visa or Mastercard.

برچسب‌ها

Bybit’s staking mechanism is supported by strong security measures, ensuring the safety of your assets at all times. Yes Bitget offers fiat on and offramp services via third party integrations. PrimeXBT is often praised for its low fees with spreads as low as 0% and trading commissions as low as 0. PrimeXBT is a perfect match for copy traders. Primexbt seemed to me, as the absolute legit option for crypto trading, They`re backed up by some regulations licenses and have their own compensation fund. This occurs when you place an order and the price that you get is nowhere near your desired entry point. Only for verified users. Direct Crypto deposits allow you to seamlessly transfer cryptocurrencies from your personal crypto wallets directly to your PrimeXBT Wallets, enabling quick and secure funding of your trading account. Varies on account type. PrimeXBT felt more like a traditional forex exchange. I opened this long position with a tight stop loss. However, users should be aware that depositing fiat currencies through third party payment processors may incur fees, which are determined by the payment provider. Price and trade data source: JSE Ltd All other statistics calculated by Profile Data. Day traders have the luxury of going to sleep without being in a position, and don’t have to worry about the always on, 24/7 Crypto market getting the best of them while they rest. This user friendly app integrates all the powerful features of PrimeXBT, enabling you to execute trades, track market developments, and manage your investments on your Android device, wherever you are. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. We introduce people to the world of trading currencies, both fiat and crypto, through our non drowsy educational content and tools. However, there are a few more steps that you need to take in order to increase your chances of success. More flexibility, security, and scalability are made possible by this division of responsibilities. Define clear entry and exit points for your trades. Hello Vicente,Thank you for sharing your crypto futures experience at PrimeXBT. However, the broker does not provide comprehensive market research, and some of its spreads exceed the industry average.

Reliability

The user information on who has traded on PrimeXBT is confidential and not publicly disclosed due to privacy and security reasons. 2 of PrimeXBT’s Terms and Conditions. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. These classifications are not mutually exclusive, and many Stocks can belong to more than one category. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. We may receive a commission for purchases made through these links. The stock market has been the same for the last fifty years and since online trading first started taking over. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. 1 BTC position instead. Best regards,The PrimeXBT Team. It operates on various blockchain platforms, including Ethereum and Tron, offering users flexibility and interoperability. Risk Warning: Before using this website or its services, you should review all relevant legal documentation.

PrimeXBT Customer Service Test

As a derivatives trading platform, PrimeXBT does not offer any spot markets. Only for verified users. It makes the overall cooperation quite pleasant, as for me. Thus, if you’re interested in earning extra income from the finance and insurance, check out their CPS affiliate program below. One of the standout features of Prime XPT is its sleek and modern design. Prime XBT also supports a number of transaction services such as. XRP suits a number of different style traders and investors. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. When it comes to approaching the stock market, there are so many different options across so many different countries, and. Additionally, the app supports high leverage trading, allowing users to maximize their potential returns. OptinMonster Affiliate Program. Virgin Islands, Northern Mariana Islands. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Utilize the 4 level hierarchy system. This means that user funds cannot be sent to a rogue address in the instance where an account is breached. Via the Trade page, PrimeXBT provides details on. Well, the short answer is that it is not too late to invest in cryptocurrencies in 2020, and there are a number of reasons.

About us

Due to the nonexistence of additional fees, traders experience comfortable trading conditions. Returns or profits may be subject to capital gains tax. You then multiply 60 points by two CFDs to get a profit of $1200. Traders can tap into more than 80 different active markets or manage their portfolios on the go. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. 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. Unfortunately the platform is rubbish and full of glitchesYou will spend 20 minutes just trying to execute a simple trade. A closed loop of strategic copy trading function will also be lived. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. Up to 100x in all cryptocurrency pairs. We’re thrilled to hear that you’re impressed with the precision, tight spreads, and ultra fast execution on PrimeXBT. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Keep an eye peeled for anything that looks off, such as Phishing sites. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Fundamental analysis is a form of analyzing the market based upon economic announcements, interest rate expectations, geopolitical risks, news reports, and central bank behavior.

Step 3: Withdrawal and Review

Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. Fees for futures trading are typically higher than spot trading because of the inherent complexities and risks associated with leverage. We’re thrilled to hear you’re enjoying trading ETH and taking advantage of our low fees. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. Another advantage of leveraged trading, in general, is that it allows traders to short an asset. Stellar allows the representation of money and crypto assets from all over the world. Titles should accurately represent the content being linked to and not be in all caps. Click Download and confirm the file download if you see a warning. However, I do understand that this trading style may not be for everyone. Verification or KYC procedure know your customer is not mandatory for customers, but it does offer some benefits.

Testing grounds

In order to guarantee that traders can receive support whenever they need it, PrimeXBT offers extensive customer support. Written by seasoned experts, who have over 16 years of experience in Free Zones development. Are you a beginner trader looking to earn profits. All the IRS then needs to do is link your identity to a particular address. The broker publishes regular market news, weekly outlooks, and general market breakdowns. This method effectively measures the capability of customer support to assist both active traders and casual investors. 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. 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. Hedging is a risk management strategy that involves opening positions in different directions to offset potential losses. PrimeXTB is an international trading platform that allows users to access financial markets. E mail: Company: Optimizee Group,. Understanding these factors and their potential influence on the markets can help traders make better informed decisions and optimize their trading performance. PrimeXBT is an excellent cryptocurrency and crypto futures trading platform for traders who are looking for a way to use Bitcoin BTC, Ethereum ETH, and stablecoins USDT/USDC, or fiat accounts as margin collateral to trade cryptocurrencies and traditional markets. To trade Crypto perpetual contracts, go to the Trade dropdown menu, select ‘Crypto Futures’, and your ‘Margin Account’. The hype will eventually die down, the uptrend will be exhausted, and a price correction will follow shortly after. Activate your account when registered successfully and start trading with the bonus credits. Io, our team exclusively suggests products and services that align with our own preferences and that, in our assessment, will bring benefits to our readers. Bitcoin Should be Banned in the United States: Charlie Munger. This is what Plus500’s Chief Product Officer has said. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. By using these orders, you can determine your cost basis. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. Buying on margin involves the borrowing of money from your broker to put a bigger position on.

Trading platforms Comparison with competitors

In the middle of the year 2023, the LINK price will be traded at $9. Our deep dive examines PrimeXBT’s security, fees, ease of use, and key trading options, including leverage and copy trading. It features customizable interfaces, TradingView charts, and competitive fees, providing flexibility for traders. Bonuses may also be canceled if users withdraw their own funds or fail to utilize the bonus within the set timeframe. 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. Paid the network fee and paid by usdt , went trought w/o problems. PrimeXBT operates as a Straight Through Processing STP broker without a dealing desk. The remaining supply trickles out gradually through staking rewards, which incentivize the community to help validate transactions and secure the network. YouTube videos show 77%. When trading financial instruments, margin acts as collateral deposited with a broker to cover potential risks. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. The secure PrimeXBT back office handles all financial transactions for verified clients. 🔄 Futures trading isn’t just about profiting from rising prices; it offers opportunities even when markets decline, making it a robust strategy for maximizing returns in crypto. Expert traders provide video tutorials, tips, and courses to level up your knowledge on chart reading, indicators, risk management, developing trading plans, and more. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. The withdrawal process is quite simple. In September the price initially recovered as investors anticipated the implementation of Vasil, with ADA hitting a high of $0. These services are governed by the legal terms and conditions of PXBT. See the results of your calculation below. Why Choose PrimeXBT for Margin Trading. Disclaimer: Any Advice or information on this website is General Advice Only It does not take into account your personal circumstances, please do not trade or invest based solely on this information. It’s like learning from the best. Always check the website for the latest promotions and terms and conditions.

PrimeXBT Exchange Review 2021

Be sure to research which wallets are currently the best. Use stop loss orders to automatically exit your position if the market moves against you, limiting potential losses. The main rule is to scale in only into profitable trades and to scale out only out of losing trades. Kate Leaman Levi – is a Financial Content Expert at PrimeXBT, renowned for her contributions to financial reporting and analysis. Note: Users located in the US and UK are not supported. We’ve got you covered with access to 100+ global markets on one platform. If you want to use that option, you need to check their guides on their website e. This is better than the other futures exchanges such as BitMEX for example.

Important Notice

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. By following these steps, you can easily disconnect the Telegram bot from your PrimeXBT account, ensuring that your account remains secure. Don’t confuse market risk with poor trading. Contracts can last for either 30 seconds, 1 minute or 5 minutes, and when they are closed out if the direction predicted by the trader matches the direction that the asset moved over the duration of the contract, then a payout of almost double is made automatically into the trader’s account. Utilising its own Cryptocurrency, Ripple XRP, the network offers near instant cross border transactions. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Even PrimeXBT relies on cold storage wallet technology to secure customer funds. Mythical Games, the leading blockchain for gaming and one of the top four overall by monthly sales of digital assets, is leaving Ethereum to introduce its brand new Mythos ecosystem on Polkadot. Details are as follows. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. These are professionally done and well presented. Opening a long will result in profits if the asset does indeed go in an upward direction. Covesting module looks awesome. Syla is crypto tax software that is designed exclusively for Australia and has an industry leading tax integration for PrimeXBT. From zero KYC requirements to 225x leverage, these US platforms offer features that could change the way you set up your trading.

Policies

Active users across the world. 99 per trade and a 5% commission on profitable trades above $10. The registration process is simple and only requires a minute or less to be over with. PrimeXBT places a strong emphasis on providing excellent customer service to ensure a smooth and satisfying user experience. Considering its features and risks, PrimeXBT stands out for experienced traders but may not be the best choice for those new to trading or risk averse individuals. Upgrades that enhance transaction speed, security, or scalability may attract more users and investors. Social trading refers to sharing ideas, insights, and information found by other trades on different social platforms. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. PrimeXBT members enjoy exclusive discounts on various products and services, including up to 20% off select items and early access to special promotions. On the AML side, crypto exchanges must register with FINTRAC and comply with Know Your Customer KYC regulations, ensuring user identities are verified to prevent illegal activities like money laundering. As a general rule of thumb, you should never invest more money than you can comfortably afford to lose. The platform is aimed both at traders who seek to make money on short term fluctuations in rates, and at ordinary buyers and sellers of cryptocurrency, for whom it is important to make transactions at favorable prices with low commissions. PrimeXBT fees to buy crypto using a Visa or Mastercard is 3. The benefits claimed by the developers of the platform are. Best regards,The PrimeXBT Team. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. How To Set Up Your PrimeXBT Account. GBP/USD on Jan 10, 2024: 14. Yet, the real world performance of this well fortified ecosystem under trading conditions remains to be thoroughly vetted. With over 1,000,000+ clients all over the world, there’s no limit to the amount of strategies available for you to follow on our Copy Trading Platform. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. The fact that it is intended to be used by major financial players, and is getting adopted as such, means that there is a lot of room for growth and XRP remains a good investment. The most important thing is trust for primeXBT. No, I cannot trade for you.

Exclusive Crypto Deal List of 2023

These features include margin trading, leverage, and various order types that can enhance your trading strategy. PrimeXBT set out to satisfy this unmet demand. Khary Robinson is the Executive Chairman of Norbrook Equity Partners “NEP”, a holding company that acquires and operates privately owned businesses in emerging and niche markets. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Credit card option also aviable with no fees , many people can enjoy deposits here. CoinEx offers a huge range of investments and products, with more than 600 cryptocurrencies available for spot trading, margin trading, and futures trading. To set up a PrimeXBT account in the US, you can follow these simple steps. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Our clients love how fast and simple our sign up is.