PrimeXBT’s Unique Features

The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. This is better than the other futures exchanges such as BitMEX for example. The LINK tokens are ERC 677 tokens, inheriting functionality from the ERC 20 token standard, allowing for token transfers to contain data. If crypto copy trading is something you are interested in, Gate. The next step is to find the asset which you want to trade. PrimeXBT has traders from over 150 different countries. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. After setting up the Zengo app and completing the onboarding steps, proceed to follow these simple instructions to withdraw your funds from PrimeXBT to Zengo. What you should know about high risk investmentsRead more. Awesome didn’t believe it until I was able. Receive the latest news and stay informed. The platform uses many protocols to keep user assets and info safe. Reply from PrimeXBT Copy Trading. For this sample position, we will use a regular market order to buy BTC at the current rates. You can then buy, sell, and trade cryptos without giving any personal details or documents. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. You can also create and trade unique NFTs on the BNB Chain through the PancakeSwap NFT marketplace, which supports various categories and collections of digital art and collectibles. It is mostly popular for copy trading where you can follow and copy over 8000 top traders, who have made over 38 million copier earnings and 130 million total orders. Depositing on PrimeXBT is a straightforward and secure process, offering traders a variety of options including direct crypto transfers and fiat to crypto purchases through trusted partners. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. I can’t imagine that. Launchpads are a fantastic way for retail traders to get early access to projects before they go public, a benefit that used to be reserved for VC firms, or those with deep pockets and friends in high places. PrimeXBT offers trading in crypto, commodities, Forex, and indices through CFDs. However, there is always the risk of the community being disrupted by non professional investors or disagreements. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Instead, after completing a trade, the coins are instantly added to your wallet. To claim your free $20, all you have to do is.

PrimeXBT Review

It also provides a breakdown of individual crypto and US dollar balances. $20,000 or equivalent for unverified users. You can read more on this topic in our in depth article on Stellar XLM. Notable FinCom members include Pepperstone, Exness, RoboMarkets, Alpari, and IC Markets. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. We are committed to the fair handling of reviews and posts regardless of such relations. PrimeXBT built a strong offering in the crowded trading space for the cryptocurrency. It’s possible, no need to buy crypto from Primexbt if you have BTC alredy. Looking for recent downtime and outages of PrimeXBT. The APR is adjusted daily, and the estimated rewards may differ from the actual rewards generated. Trade cryptocurrencies, commodities, Forex, and major stock indices with ease using CFDs. Chainlink’s primary function involves interacting with smart contracts. Bitcoin has a limited supply of 21 million tokens, with nearly 19. Partners can earn up to 50% revenue share by referring clients to PrimeXBT and enjoy lifetime commissions, meaning they continue to earn as long as their referred clients trade on the platform. 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. Hay todo tipo de comercio de criptomonedas, sin restricciones en las estrategias. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Understanding the significance of Know Your Customer KYC procedures, we emphasize that all clients adhere to PrimeXBT guidelines, exercising due diligence in compliance with local laws and regulations. There are also exclusive promotion periods and additional rewards for some of the top traders. To get a better understanding of where the market could go, it makes sense to pay close attention to technical analysis, as it can filter out a lot of the fundamental noise, as well as underlying biases of analysts. Primexbt 50 bonus, primexbt bonus 50 and primexbt 35 bonus. In addition, you can set up a stop loss or take profit levels for every trade. Don’t miss this limited time deal that’s only available for our readers. Because of this, traders will use a methodology or system to place trades and look for currency pairs that offer those setups. 12 milliseconds on average. Thanks for your feedback, PrimeXBT appreciates your opinion. 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.

Cross Margin vs Isolated Margin: Demystifying Trading Terminology

@official forex management page. 9% availability rate, ensuring that traders worldwide have near constant access to the volatile cryptocurrency markets. Best regards,The PrimeXBT Team. You can secure your account with a strong email and password combination, along with two factor authentication 2FA. Withdrawal Crypto only. The platform is moderately expensive to buy crypto using a credit card, but it’s cheap to trade once it’s deposited. In order for this to work, the broker requires small collateral for the loan, which can be as low as 1% of the position size in case of a 100:1 leverage ratio. Choose their preferred payment option and service and click buy. Review collected by and hosted on G2. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Know Your Customer KYC procedures lihat lebih banyak are frequently mandated by conventional cryptocurrency exchanges. PrimeXBT is an award winning trading crypto exchange that also offers trading in derivatives – forex, indices, CFDs, and commodities. Gold is an established and mature market for investable assets.

200x leverage is one of the best offers, Although it’s obvious that these are risky parameters

Now this bonus is exclusive. They’ve got guides, videos, and maybe even live sessions where they explain everything from the basics to the fancy stuff. I like that even in simple web they provide like 50+ indicator, I never found my Keltner channels in any other web trader usually. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Traders give the platform’s dark theme positive reviews, especially for late night trading sessions, highlighting PrimeXBT’s attention to aesthetic detail. I only trade crypto with them and nowhere else. Positive sentiment can drive price surges FOMO, while negative sentiment can lead to sell offs FUD. To trade instantly on PrimeXBT, log in, ensure sufficient funds, select a market, set parameters, and execute your trade with a market order. Despite operating in a highly competitive and rapidly evolving industry, PrimeXBT has managed to establish itself as a reliable and innovative trading platform, attracting a global user base. 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. There are eight to choose from, all of which are paired with the USDT stablecoin. By bringing the process of buying, selling, and spending Bitcoin to the forefront, bitFlyer and JADA are attempting to make transactions involving Bitcoin as straightforward and hassle free as possible. International users do not have to do full KYC to use PrimeXBT. Withdrawal Crypto and fiat. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. Your feedback is crucial in helping us improve. Users can trade long or short, with margin. CoinCodeCap also offers some Crypto or Bitcoin signals on their channels for free, but the more frequently updated crypto signals service is offered through their subscription tiers. And please keep in mind that these are only valid for the period of time surrounding the writing of this article at the end of November 2023.

12 Order Books Comparison

Learn more about Baksta’s Legal Terms. 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. Buying the top could have resulted in significant losses, but shorting it with PrimeXBT would have been a completely different outcome. To deposit Bitcoin into your PrimeXBT account, you have two primary options. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. PrimeXBT Coupon: Save 25% on All Trade Fees. Copy trading fees are also charged similarly. By following these steps, you can ensure that your important data is backed up before resetting PrimeXBT. 27, in the midst of an SandP 500 bear market, XRP is worth $0. And just like how you would hide your valuables in a safe place, PrimeXBT stores your digital assets offline in a super secure vault. Before you can buy Bitcoin on PrimeXBT, you need to fund your account. 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. Navigation was intuitive, with all the essential tools and indicators just a click away. To make a withdrawal to a new account email address, users are first required to make a deposit with that Advcash account email address. Each platform offers a wide range of altcoins along with Bitcoin, Ethereum, and other top trending crypto assets. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. These include the United States of America, Japan, St. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. Users can view a detailed breakdown of fees associated with using the platform. Share it with your online audience social media, blog, website, forums, friends or family. The maximum single trade size, meanwhile, is 15 BTC, 200 ETH, 650 LTC, 55,000 XRT, and 8,500 EOS. Larger positions will require more margin and hence reduce exposure — and subsequently broader risk.

PrimeXBT regulation

You can open an account and start trading with just your email address. Overall, I rank PrimeXBT in the middle of the pack. Positions do not have a time limit and can remain open indefinitely, provided the available margin does not drop to 0%. This is the simplest way to start using REST API. We’re taking a deeper look into what PrimeXBT Turbo is, the inherent advantages of using the platform, and finishing up with a breakdown of how exactly to get started with Turbo. It also provides a breakdown of individual crypto and US dollar balances. Over the years, FinCom has established itself as a prominent self regulatory body with top brokers among its members. This fee, if applicable, is designed to cover the service charges imposed by the payment processors and may vary depending on the withdrawal method and currency. Margin trading allows you to leverage funds provided by a third party for asset transactions. Users can open accounts, deposit crypto, and start trading with just an email address. I read their arreally helped me to shed light on an area/ of trading i never took seriously, I like to appreciate the valuable content the broker shares. Moreover, it’ll also help users determine if they’re on a phishing or scam website. Registered in Seychelles, PrimeXBT has offices in St. Efficient order execution is a critical aspect of any trading platform. For example, here are the base margin requirements and resulting leverage for a few of the 41 available cryptocurrency pairs. All of this is done without input from the trader. Recommended Read: PrimeXBT’s Covesting Yield Accounts. It automatically triggers a trade when a specified price level the stop price or sell limit order is reached. PrimeXBT integrates TradingView charts, which is a nice feature.

Step 2: Trading

Before you can buy Bitcoin on PrimeXBT, you need to fund your account. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. By using minimal margin, it allows traders to “dip their toe into the water” before “going all in. LIQUIDATION can occur if Available margin in your Trading account drops to 0%. Choose your wallet or one of your trading accounts to deposit to. Its innovative copy trading and PrimeXBT Turbo options also provide exciting avenues for traders to enhance their strategies and seize opportunities in the crypto landscape. To withdraw crypto, go to your Account’s main page, click “Withdraw,” and select the crypto asset. TradeOgre is a simple exchange that focuses on spot trading and anonymity. DeFi – This section is definitely designed with first time DeFi users in mind. You cannot get it just by registering and making a deposit. The company accepts only the following participants. We found the competitive side of the contests also provides a fun environment for users looking to trial strategies. Due to this, the Ripple network is said to eventually become a replacement for SWIFT – the current standard for international bank wires, that includes slow speeds and high fees. Alternatively, users may enter any amount of USD, GBP, or EUR, and the corresponding amount of BTC will be instantly updated to reflect the current market rate. Admin stop sleeping and wake upStop misleading us or we’ll dump your site. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. If you’re looking at applying some scalping strategies, you will have to opt for an account that provides you with rapid processing of transactions. PrimeXBT isn’t just another trading platform; it’s a dynamic powerhouse offering leveraged trading on crypto CFDs, commodities, indices, and Forex. There’s no limit to how much partners can earn, and the more their referred clients trade, the more they earn. To open an account with PrimeXBT, you will need to visit their website and click on the “Register” button found on the top right hand side of the page. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. Traders can access leverage of up to 1:1000 and trade on the platform of their choice. Proven over an extended 477 day tenure, MOON CRYPTO reinforces its pedigree with a remarkable 351. 🎢 Bitcoin continues its thrilling roller coaster ride, day and night. The minimum order size for Bitcoin is 0. Margin trading is the act of borrowing from your broker to increase the position size that you would normally be able to trade.

Set the amount

These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. Take the guesswork and effort out of active trading using PrimeXBT’s built in Copy Trading module. No numbers in USD or EUR lol. Not only can they be risky for the end user, but poor behavior can cause an exchange itself to struggle in terms of liquidation. The leverage is variable, however, changing with the trade size. Commission rates for cryptocurrencies are competitive at 0. In this article, we will ask “How much will XLM be worth. Higher verification levels offer higher withdrawal limits. PrimeXBT provides financial technology through its website, WebTrader, and app. The payments are made in USDT and sent to your PrimeXBT account. Debit/Credit Card Withdrawal Fee. Its chart is powered by TradingView, which means you can overlay a whole host of measurement tools and patterns, as well as add indicators and change the time frame of the chart. Com shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it. English, French, German, Italian, Portuguese, Russian, Spanish, Thai, Turkish, Vietnamese. PrimeXBT is a perfect match for copy traders. Hot storage wallets, on the other hand, have a direct connection to the internet and the exchange’s server. What is a demo account. This practice can earn you up to 75% of their profit share when they succeed. We take allegations of unfair practices seriously and would like to investigate your claims to resolve any issues. PrimeXBT is a Bitcoin based margin trading platform. 15, that is also a one pip move. Direct deposits from your bank card to PrimeXBT are currently not available. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Besides overtrading, many traders make another rookie mistake by not defining or respecting their risk management rules. Alternative deposits: TC. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. Crypto futures definitely offer some great advantages, and we’re here to help you make the most of them.

Buzón de Sugerencias

The Best Forex Brokers with a USD 1000 Welcome Bonus Offer – Rated and Reviewed. PrimeXBT does not require KYC Know Your Customer verification for its users. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. This section delves into the negative feedback provided by users, offering a balanced perspective on the platform’s performance. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. At current rates of EUR/USD at 1. Downloading the app is the first step. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. Thank you for your kind words and for choosing PrimeXBT. Clients can place trades and manage orders directly from charts, powered by TradingView. 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. The ability to sign up without KYC or ID verification appeals to those who value privacy. 99% fee, not PrimeXBT. The fees for withdrawals are as follows. Margin accounts put investor capital at risk of a partial or total loss, as investors can get underwater in their positions and owe more than their initial balance. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Understanding these fees is essential for maximizing your potential profits. This is active and manned 24/7. As a rule of thumb, you should not risk more than 2% of your trading account on any single crypto trade. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Territories such as Puerto Rico, Guam, the U. This is because both futures and stock markets are centrally controlled, via an exchange. Trading Bitcoin is a little bit more complex than just clicking the “buy” and “sell” buttons and below you will learn to trade cryptocurrency successfully. Inscriptions are recent innovations on the bitcoin blockchain such as ordinals and BRC 20 tokens. In order to trade the trend, the first step is to determine the overall trend of Bitcoin.

Información de contacto

The trading fees are collected as per the rates of the PrimeXBT platform. The release of the PrimeXBT mobile iOS app further demonstrates our commitment to the trading community as we strive to deliver the most favorable trading environment, accessible on all devices, anywhere in the world. Providing financial education to those who need it most has always been a passion of mine. Step 3: You will be sent an email with a pin number. Attempting to spam the subreddit with referral and advertising will lead to permanent ban. Com does not provide any financial services, including investment or financial advisory services. As Q2 ends and Q3 begins, Bitcoin bulls are left wondering what could be in store for the cryptocurrency. Com, and we’ll be glad to assist and explore how we can make your experience better, especially for overnight trading. However, you’ll need a cryptocurrency wallet that’s compatible with the tokens you want to deposit. IOS App: ● Android App. PrimeXBT has a flat trading fee of 0. Banks work as market makers, offering a price to buy a particular currency pair, and a quote price to sell that pair. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. PrimeXBT is committed to innovation and quality, striving to be a trusted partner for traders globally. The pros spend hours deeply analyzing the charts, identifying patterns, spotting opportunities, dialing in entries and exits, and actively trading to profit. Privacy practices may vary based on, for example, the features you use or your age. I’ve seen live trading videos on bitfinex and other exchanges and they never seem to have that problem. Wide range of data sources.

What is Cardano?

Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. PrimeXBT support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Still finding PrimeXBT too complicated. Log in and complete the KYC Know Your Customer process. If you have any questions about how fees are calculated or any other inquiries, feel free to contact us at. He also worked with Jamaica Producers Group Caribbean snack food business where he managed finance and logistics. COV tokens can be picked up directly on PrimeXBT by exchanging BTC, ETH, USDT or USDC for COV or alternatively be purchased on KuCoin or swapped on Uniswap. If you have any questions or need assistance, feel free to reach out at. We will pass your suggestion regarding the improvement of the CFD web interface to our development team for further consideration. Any payments by Traders Union TradersUnion. For more information, please see our Cookie Notice and our Privacy Policy. Overall, I rank PrimeXBT in the middle of the pack. Our website uses cookies. You will receive a 50% discount on trading fees until the coupon expires. 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. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. Learn more about Baksta’s Legal Terms. Established in 2018, it provides services to clients in over 150 countries, boasting an average daily volume of over $1 billion. Our goal is to provide a comprehensive trading environment that caters to various trading preferences and strategies. Ultimately, the selection of CFDs allows for portfolio diversification beyond digital currencies and crypto futures. Our website uses cookies. Thank you for choosing PrimeXBT. Deposit fees are typically free, but withdrawal fees vary by asset, with Bitcoin withdrawals costing 0. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. Prime Technology Ltd is PrimeXBT’s Technology Provider. PrimeXBT adheres to stringent regulatory standards and implements robust security measures to ensure a secure trading environment for its users. What makes PrimeXBT really powerful is that its popularity is also backed up by the ability to trade multiple asset classes on a high performance trading engine and super customisable interface. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. After the simple sign up process, you then will deposit to your account to get access to the currency markets.