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Best regards,The PrimeXBT Team. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. PrimeXBT utilizes extensive cyber security implementations to ensure that strict measures and practices are in place to protect customer funds against risk. A cryptocurrency is a form of currency developed through blockchain technology. 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. It is essential to double check the address before sending any payments. Additional terms may apply to free offers. They are FREE and I get the winnings potentially, while improving my STRAT. To verify your account, just click on ‘Settings’ from the Account dropdown menu. Generally, unrealized P/L does not include fees such as commissions or swaps; it only reflects the profit or loss based on price movements. 32 and the price could get as high as $105. Dear Barak Asad,We’re thrilled to hear that PrimeXBT has been the trading platform you were looking for. You can read more about the legal terms and conditions in the Legal Center section More tab on the main page of the website. Total for moving the position to the next day your account will be debited: 0. Users can open accounts, deposit crypto, and start trading with just an email address. These features make PrimeXBT an attractive option for traders seeking a reliable, feature rich platform that combines security, flexibility, and innovative tools. PrimeXBT has been at the forefront of the evolution of the cryptocurrency industry for the past few years, connecting traders with advanced features and new marketplaces, while handling up to $950 million per day in global trade. Trading platform accessibility issues. Both provide users of the Cryptocurrency a way to control their own assets. Leverage and the ability to go both long and short allow traders to maximize their profit regardless of the price. Donetsk People’s Republic. However, there’s a demo version for new users who are unsure about using the exchange. Orders may be rejected for reasons like insufficient funds, slippage settings, or reaching the maximum allowable open positions. The average number of transactions per block on Bitcoin is between 1,000 and 1,500. The platform checks withdrawal requests that seem suspicious.

FAQ About Trading on PrimeXBT in the United Kingdom

KYC, or “know your customer” account verification. Click Download and confirm the file download if you see a warning. PrimeXBT does not accept customers from countries such as: Japan, Canada, Cuba, United States, Israel, New Zealand, Syria, Iran, North Korea, Sudan, American Samoa, Russia, Myanmar, Outer Small Islands of the United States, St. You are taking the difference between the open and close price and multiplying that by the position size. This is how the registration form looks like. Information regarding past performance is not a reliable indicator of future performance. This is just one tier above the free level, and it comes in at a very reasonable thirty dollars a month. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. To reset PrimeXBT back to default settings, go to the platform’s settings menu, locate the option for “Reset to Default” and confirm the reset action. Short positions with allows you to profit from a Cryptocurrency’s price decline. The trader’s capital acts as collateral, and the borrowed funds are used to enter a larger position than would be possible with the trader’s own funds alone. AMBCrypto envisions that the price of AAVE for 2023 will fluctuate between $66. The contract selects the correct number of nodes and can provide the requested data. TradingView charts are also available, helping users analyze and make better decisions. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. However, understanding these fees in detail is essential to avoid unexpected costs and optimize your trading activities. Payment fees on PrimeXBT include transaction fees, deposit fees, and withdrawal fees. PrimeXBT is an award winning, multi asset trading platform that allows you to trade cryptocurrencies, crypto futures, and traditional financial instruments, such as Forex, SandP 500, and Nasdaq composite indices, commodities like crude oil and natural gas, and many others from a single account. The Bank of England BoE has reduced interest rates by 25 basis points 0. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. Also they are one of the very few platforms offering classic Bitcoin Futures trading with precise settlement dates like BitMEX does. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue.

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The star rating system is not visible here, but you can see their active days, maximum profits, and maximum equity. But, they don’t have live chat support right now. PrimeXBT offers its customers a referral program that allows you to earn passive income for referring new users. Our website uses cookies. You have to refer the platform to your friends and family and when they sign up at Primexbt, then you are awarded in cash for this. I mentioned Binary Options so an explanation is in order: they offer PrimeXBT Turbo, which is a module for trading binary options on cryptocurrencies and more recently, on fiat currencies. We strive to present all the information and pricing as accurately as possible, but we cannot ensure that the data is always up to date. There are two main types of storage for digital currencies: hot wallets and cold wallets. With this in mind, you should weigh the pros and cons of each strategy and only risk a small amount with it initially. Best Regards,The PrimeXBT Team. With a sleek and intuitive interface, trading from your smartphone is both easy and efficient. It acts as a dedicated server for running forex trading platforms, expert advisors EAs, and other trading related applications 24/7 such as copiers, indicators, etc, without interruptions or downtime. 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. Get the latest news and information from Dr. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. PrimeXBT delivered a seamless trading experience.

PrimeXBT Trading Experience

Date of experience: November 17, 2024. If you follow all the rules, you can be sure that all transactions with cryptocurrency on this platform will be reliable and safe. The deposit processing time depends on the blockchain of the selected cryptocurrency. Returns or profits may be subject to capital gains tax. We have always used the latest technology to improve the services we provide to our clients. 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. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. If we look at the cryptocurrencies that are accepted by these exchanges, we can see that eToro has a higher number of acceptable crypto than Prime XBT. The award winning trading platform behind PrimeXBT provides you with margin trading account and all the tools you need to succeed in the crypto market. Yes Bitget offers fiat on and offramp services via third party integrations. By learning from both successful trades and cautionary tales, you can approach leverage trading with a more informed and risk averse perspective. Every cryptocurrency has a team of developers behind it. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. 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. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Best regards,The PrimeXBT Team. More often than not, when a trader chooses to hedge a position, they will find a correlating asset or company. Bitcoin rose on Friday, reaching an 8 week high, bringing 66,000 into focus. You must have at least 200 USDT/0. Prime Technology Ltd is PrimeXBT’s Technology Provider. Depending on the differences in interest rates between the two currencies involved in a forex trade, these fees may be positive or negative. If more people are talking, researching and ultimately purchasing Cardano, the higher its price will go. To seize this exclusive welcome bonus offer.

Trading Fees

HIRN Signals is a fully automated solution, using an proprietary algorithm that performs technical analysis, recognizes market trends and patterns to generate consistent results for their subscribers. Withdrawals are generally processed by the broker once each day between midday and 2pm GMT. 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. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. Pro Tip ✔️: Use a block explorer to monitor the confirmations. PrimeXBT was launched in 2018. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Forex Trading Platforms. Be careful as overnight/days are calculated in UTC time so be sure not to initiate trades around midnight UTC. The transactions made with cryptocurrencies happen on the blockchain. 7% Discount All Your Purchases.

Basic information

I love trading with high leverage x200 on Bitcoin. It’s backed by awards like the “Most Trusted Crypto Asset Trading Platform” at Crypto Expo Dubai in 2022. It is worth noting that Perfect Money charges the 1. This short PrimeXBT review examines the platform’s features and potential. 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. If you believe in cycles, then you could see Stellar reaching $0. Subscribe to our newsletter, you are in very good company. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. We’re here to support your trading efforts and help you maximize your profits. Bitcoin shares many key similarities with gold, giving it a digital gold nickname and making it valuable to store value and a safe haven asset. Technically, the service is made as simple as possible, even a beginner will have no difficulties. The District of Columbia Court of Appeals has marked a date for when Grayscale and the Securities and Exchange Commission SEC may present oral arguments regarding the approval of a Bitcoin spot ETF. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. Volatility creates an opportunity to make profits, but it also increases the possibility of loss. PrimeBit WS API pushes public market data in realtime. For traders who want to keep their finger on the pulse of the market and not miss opportunities to open profitable deals, there is a mobile application PrimeXBT. Channels for Customer Support. Inexperienced traders or institutional investors can be fixated about entering trading positions when the price hits a round number. You can reset your account password using the Password recovery feature. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Upload an image up to 4 max and ensure it’s a JPG or PNG file under 2MB. Information regarding past performance is not a reliable indicator of future performance. This means that someone may have obtained your account’s credentials. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. If you decide to give it a shot, start small, utilize their educational resources, and gradually scale up as you get more comfortable.

Is It Possible To Use Leverage or Margin Trading on PrimeXBT?

That would be a significant increase from where the market has fallen, roughly doubling the price of Ethereum at the end of 2022. As a result, you choose to short, or sell, the US 30. Based on web traffic 20% using Alexa rank as a main indicator of site popularity. If you do not have have the time or experience to trade or simply do not want to trade yourself, we highly recommend check out the Covesting module. Withdrawal Crypto only. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. Percentage % Tradable Bonus Promotion Terms and Conditions. The best app for futures trading. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. When it comes to approaching the stock market, there are so many different options across so many different countries, and. Simple swap, integrates with wallets. PrimeXBT is also an unregulated broker.

Restricted Jurisdictions

PrimeXBT supports a wide range of asset classes, including cryptocurrencies, forex, commodities, and indices including. Admittedly, that’s a tiny amount compared to leverage in other countries, but better anything than nothing. Prime XBT Trading Services, S. Lastly, when it comes to withdrawals, PrimeXBT is one of the few exchanges that require a mandatory white labelling of Bitcoin addresses. 78 billion ADA in circulation. There is also a demo account. Yes, PrimeXBT employs advanced security measures, including encryption and two factor authentication, to protect user accounts and funds. In the next section, we will compare the fees associated with limit and market orders on PrimeXBT. Normally, solid, reputable platforms offer no cost for signing up, and very small minimum deposits.

Resources

Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. Here’s how to find and take advantage of these bonuses. A withdrawal requested before 12:00 UTC will be processed on the same day. There’s also a proprietary copy trading solution for novices looking to learn from more experienced investors. For example, if you deposited with Volet, you must also withdraw using Volet. Its high leverage options, up to 1:1000 for forex and 1:200 for cryptocurrencies allows traders to amplify their positions significantly, but it comes with an increased risk that can lead to significant losses, so it’s crucial to understand these risks fully and only trade with funds you can afford to lose. 000005 BTC, depending on the leverage used. If your deposit shows as ‘Completed’ but the funds are not visible, refresh your account and check again. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Betting it will stay in this range too. Vincent and the Grenadines. If a position is leveraged 100 times, a 1% move in the right direction would result in a 100% gain, but a 1% move in the wrong direction could result in a 100% loss. During the previous week, 8 out of 9 ETFs recorded. This makes it easier for people from different financial backgrounds to trade. And just like how you would hide your valuables in a safe place, PrimeXBT stores your digital assets offline in a super secure vault. My deposit was credited after 20 network confirmations, which took a few minutes. Limited Duration and Usage: Most bonuses come with specific conditions, such as time limits or trading volume requirements. Crypto Futures example. Unlike its larger competitors, PrimeXBT does not offer P2P trading. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. No, PrimeXBT does not currently offer any services to residents of the United States. PrimeXBT provides copy trading through its Covesting module, allowing users to follow and copy the trades of experienced traders. PrimeXBT allows users to deposit BTC, ETH, USDT, and USDC. If the app is unavailable in your region, you can still access it through direct download from our site. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to.

JonathanCortez99

PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to. 47% with a moderate all time profit of 35. You can find comprehensive guides and step by step tutorials designed to help you become a better trader. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Our website uses cookies. The PrimeXBT company claims that its original trading system features all the necessary protection solutions to prevent the violation of users’ funds and data. In a sense, it is the same as quoting WMT/USD. Withdrawals come with a small fee of 0. Backend, LP Bridge, basic CRM, mobile apps, webtrader, institutional desktop, APIs, and hosting, all included. It is uniquely designed to head on address the scalability issues associated with Bitcoin, Ethereum, and other gen 1 and gen 2 blockchains. 001674 it saw a staggering trading volume of 222. Trusting anyone is tough right now, but unlessyou plan on capitulating and leaving crypto entirely, you will still need tofind a platform in which to do business with.

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Trading involves risk. This method effectively measures the capability of customer support to assist both active traders and casual investors. Explicit financial advice is also not allowed. ❌Cons of using KuCoin. If you have any tips for new users or further feedback, please share with us at. If you choose to short a stock, you need to borrow that stock to sell it to somebody else. Scan this code to download app. However, judging by the reviews on the Internet, PrimeXBT users have not had any problems with hacker attacks or other issues regarding the security of the platform’s activities. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in.

TOP3 Recommended Crypto Exchanges:

You must also know which asset you are interested in trading, in this case, most likely Cryptocurrencies. Readers should do their own research. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. However, the absence of custom price alerts was a notable drawback. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. However, depositing or withdrawing fiat currency will require KYC identity verification. My experience with PrimeXBT’s customer support was mixed. This means that you can benefit from the price movements of anything from Bitcoin to Ethereum without even having to own the underlying asset. While unlikely, it is not impossible. It’s great to hear that you recognize the broad range of trading options we offer, including both crypto futures and traditional CFDs with competitive spreads. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Program Afiliasi ini sangat cocok untuk kerja sampingan. The platform offers a very limited range of crypto futures markets and conditional orders. Check out the fees section to confirm the exact fees on the day. This give me more oportunities make profit. PrimeXBT frequently offers special promotions that provide traders with exclusive bonuses, discounts on fees, and other benefits. PrimeXBT’s fee structure is another important point. I guess it maybe fair both sides ,they are low. Next, we will look at overnight financing fees, which apply to positions held open overnight. Don’t wait — start growing your investments now. These promotional offers can significantly move trading and reduce overall trading costs, but it is important to evaluate whether they offer real value. My deposit was credited after 20 network confirmations, which took a few minutes. However, traders should be aware of all applicable fees, including withdrawal and overnight financing fees, to fully understand their trading costs. Can I change my leverage. PrimeXBT offers competitive fees, with no charges for deposits or withdrawals. In this context, the likelihood of higher trading volume and increased volatility grows.

Collect Your Rewards

PrimeXBT offers over 50 ways to trade with up to 1000x leverage. 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. Copy trading can be profitable, assuming you copy the correct trader. A buy and hold strategy is also called HODLing in Crypto, which means the investor is buying spot assets and holding them under any circumstances. Prime Technology Ltd is PrimeXBT’s Technology Provider. To activate this bonus, you typically need to enter a promo code provided through a promotion or special offer. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Generally, the thing that takes up the most time for customer support staff is KYC verifications. PrimeXBT also supports both fiat and crypto withdrawals. The file is verified secure by PrimeXBT. English is our official language. This table provides a clear comparison of the features offered by PrimeXBT and BitMEX, helping traders make an informed decision based on their specific trading needs and preferences. Thank you for acknowledging the efforts we’ve put into creating a diverse and supportive trading environment.