User Experience on PrimeXBT
Once you have arrived on their platform, you will have the ability to make deposits using the software itself. Understanding this will help traders navigate the platform more effectively and ensure compliance with local regulations. To set up an account with PrimeXBT, follow these simple steps. By doing this, you can make your investments more successful. There are also exclusive promotion periods and additional rewards for some of the top traders. I opted for PrimeXBT FX the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. In the next section, we will explore the specific countries where PrimeXBT is supported. Breakout trading is extremely popular among retail traders, so it helps to get the basics of the strategy right. Jito Staked SOL JITOSOL. Not the marine mammal, but crypto whales – i. Unless you’re an experienced trader outside the U. 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. Whether you are a beginner or an experienced trader, the app provides a seamless experience with easy navigation and access to essential trading tools. In the table below, I have listed the maximum retail leverage available with PrimeXBT for instruments from different asset classes. Additionally, withdrawals to a bank card come with a hefty 5% fee. Bitcoin, Ethereum, Litecoin, EOS, and other cryptocurrencies are still mostly a speculative asset class although they are gaining more widespread adoption with each passing day. The tool is easy to use and new traders enjoy the first 3 months subscription free. This causes a slight delay in funds being available in the account. These products are not suitable for all investors. The liquidation price will always be met before the price reaches the “bankruptcy price”, as shown in the image below. Cryptocurrency related services in Prime XBT are offered by Lithuanian based company Baksta UAB, registered by the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. CFD markets are traded in what is known as a “lot. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. Forex Brokers with ZAR Accounts. Learn more about Baksta’s Legal Terms. WOULD strongly advise not missing on them. The charts are useful in helping traders identify up and down price trends for the assets they’re watching. PrimeXBT is not currently regulated or licensed, which raises safety concerns as it’s harder to ensure the safety of user funds and transactions.
PrimeXBT vs Bybit 2025: Which Exchange is Best for Crypto Trading?
CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades. Additionally, you will need to provide a proof of address, such as a recent utility bill or bank statement. We also offer the option to deposit money, or buy Crypto outright. To fund a Margin Account. These products are not suitable for all investors. A financial instrument is different from an asset, acting as a contract to settle the trade at a different price than the entry. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The car manufacturer received close to $950M in exchange. Next, we will explore the customer support services provided by PrimeXBT and how they contribute to its legitimacy. Brokers will also charge a fee on positions and an interest rate on positions held using leverage, making overall money management a critical factor to overall success. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network. Best regards,The PrimeXBT Team. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. At PrimeXBT, we are committed to ensuring our trading environment stays aligned with the evolving market.
Platform Features and Promotions
Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. To further downplay its usefulness, there are limits on the volume that can be swapped daily, even for verified users. This duration accounts for the necessary security checks and processing time. Mustafa Mulla Jan 08, 2025. Ensure you understand the difference before starting. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Some security features include. PrimeXBT awards prizes for virtual trading contests. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. It is intended as a protocol that gives network users the ability to prove various types of information without revealing sensitive personal information. CET via live chat, which is available from the bottom right corner of the main page. How to participate in the tournament. The platform incurs trading fees, which are competitive within the industry, and withdrawal fees, which are standard across most trading platforms. Learn more in our Cookie Policy. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. As well as this, MEXC has some of the lowest trading fees of any crypto exchange, with considerable discounts for MXC holders. If you need any further assistance or have suggestions on how we can improve our resources, please reach out to us at. The app’s robust trading features allow executing complex strategies like building long/short portfolios across diverse asset classes, to properly diversify and reduce risk. The exchange offers some of the lowest commissions in the crypto market, as well as convenient and modern trading terminals available anytime and anywhere. Note that in the terms and conditions, it is clearly stated that the company does reserve the right at any time to conduct a verification of a client’s identity or source of funds. To begin, it is recommended to do some research and learn the basics of technical analysis. Their monthly subscription is a reasonable fifty dollars or you can get a six month subscription for only two hundred dollars, which equates to a hundred dollar discount.
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Hiding personal details to stay anonymous whenever possible is best for the safety of assets. Dear Farhan,Thank you for sharing your excitement about trading with PrimeXBT. After Bitcoin took the Crypto world by storm, several altcoins came afterward that tried to prove the efficacy of digital currency and improve on what Bitcoin had set out to do. Not only do they offer some of the best crypto signals, but their most affordable subscription is much cheaper than the competition, just $42 a month as referenced on sourceforge. Free $10,000 Practice Account. Follow the on screen instructions to set up 2FA. Trading should be considered only if one has the appropriate risk capital. 2 of PrimeXBT’s Terms and Conditions. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. To buy an entire Bitcoin, you’ll have to allocate only 1% of the trade as the collateral margin for the trade. As a chief competitive advantage, PrimeXBT also put a lot of extra attention into its copy trading product, especially around increased transparency and trust. Security measures include Two Factor Authentication 2FA, Cold Storage as well as SSL Encryption. How to Place Your First Margin Trade on PrimeXBT. This means that all communication that you send the exchange will be encrypted and make it hard for any malicious actors to intercept it. Though CFDs are preferable tradeable instruments for some traders. Some customers report that the apps are solid and very useful, while others complain that the platform is slow and glitchy. Some products and/or services might not be covered by the Compensation Fund. CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades. PrimeXBT’s platform accommodates spot trading, pending orders, and one click trading. If you have any questions about our spreads, trading conditions, or need further clarification on how we manage liquidity, please don’t hesitate to contact us at. Learn more in our Cookie Policy. PrimeXBT provides access to a wide range of financial instruments beyond cryptocurrencies, including forex, commodities, and indices. Transfer the whole amount or part of it to any of your trading accounts at any time by clicking ‘Redeem Rewards’. PrimeXBT’s copy trading feature is marketed as Covesting and operates similarly to the copy trading services offered by eToro. After that, place stop loss orders and limit orders. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Withdrawal Crypto and fiat. Leverage is expressed as a ratio, like 5x or 10x. PrimeXBT does not charge for deposit or wallet creation. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies.
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Select the Crypto you want to withdraw. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. 66767197 USDT Long 4000, SwapRate=0, InterestRate=0. Concerning trading fees, they are crucial for maintaining a high quality, secure, and reliable trading environment. Let’s dive into our round up of the 15 best no KYC crypto exchanges for 2024. I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. Virtual Assets are high risk products, highly volatile, with fluctuating values. Experience competitive spread fees starting at 0. The exact amount and conditions for these fees can vary. CoinEx is a no KYC exchange that serves users globally including in Europe, North America, and Australasia. This category of financial assets includes a diverse array of items traded in the market, including but not limited to gold, oil, and wheat. If it is a “good til canceled” order, it remains open and can be triggered later. Primexbt 50 bonus, primexbt bonus 50 and primexbt 35 bonus. Forex Traders on Social Media. You can also sort markets by name and 24 hour change. Because of this, it is an attractive option for Namibian traders who want to access international financial markets. 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. As an added benefit to trading commodities at PrimeXBT, you can also trade currencies, indices, and crypto markets. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. The EUR/USD pair is a popular currency pair to trade in the. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. But first, let’s solidify these key concepts before moving on. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The PrimeXBT trading platform has plenty of tools available to suit traders of most skill levels. You can also easily create and import your own custom tools, indicators, and EA on the platform. BingX copy trading pros. The following data may be collected but it is not linked to your identity. The amount of margin depends on the trading asset, for example.
Extremely limited number of trading pairs
Just following the trend, then either isolated margin mode or cross margin mode should work with the appropriate risk management measures. For users who do not want to use one of these third party services then they will need to fund their account with crypto that can be purchased from an exchange like Crypto. Chainlink’s position in the market is characterised by its extensive network of decentralized nodes, providing reliable and tamper proof data feeds for smart contracts. Buying crypto without verification can be safe if you use a reputable no KYC exchange, but there are risks involved. This guide will explain all there is to know about the decentralized blockchain network that the Bitcoin cryptocurrency powers. Security is an important consideration when considering a crypto exchange. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. Compare over 25 exchanges and 5,000 cryptocurrencies. Old plus the age of concur was blocked because of t. Our website uses cookies. You can purchase BTC with your credit/debit cards and then send it directly to your PrimeXBT account BTC address. Below is a comprehensive list of all the deposit methods available to users on the PrimeXBT trading platform. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. I really can’t fault with the platform for its design or useability. Hello Vicente,Thank you for sharing your crypto futures experience at PrimeXBT. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. By solving critical issues like high gas fees and slow transaction speeds, Polygon plays a vital role in making blockchain applications more efficient and accessible. USDT, USDC and COV can be deposited via ERC 20 or BEP 20 network. It’s great to know that our support team has been able to assist you effectively, even in complicated situations. The results are shown in the table below. The platform also supports Covesting, a copy trading system where users can follow experienced traders and replicate their strategies. Using a File Import is an effective way to import all your transactions on PrimeXBT as it’s safe and easy to do. You must be logged in to post a comment.
Risk warning
Warning ⚡️: Trading leveraged futures products is incredibly risky. Trade with bonuses and rewards from PrimeXBT. However, its unregulated status and limited asset selection may deter some users. Last but not least, the “HODL” strategy is quite popular among some Bitcoin traders who have a positive long term outlook for the coin. The PrimeXBT mobile app is available for both iOS and Android devices, allowing traders to manage their accounts, execute trades, and access market data on the go. The exchange has deep liquidity and near instant trade execution. To add funds to PrimeXBT, log in to your account, navigate to the “Deposit” section, choose your preferred deposit method crypto, bank card, or fiat, follow the instructions to complete the transaction, and your funds will be credited to your PrimeXBT account. Traders who have owned a stock like Amazon over the last several years may have chosen to hedge the position from time to time as an example. Attend exclusive PrimeXBT events, network with other clients and learn new skills. Our clients love how fast and simple our sign up is. Binance users were served slightly better than Coinbase in 2022 and will be in 2023 as well. By adopting disciplined strategies and understanding key concepts, traders can navigate margin trading effectively. As a trader in the USA, you might face restrictions while accessing PrimeXBT due to the platform’s legal situation. The reason for this is simple: your free margin depends on the unrealized profits and losses of your open crypto trades. For more details, visit the PrimeXBT website. In the next section, we will discuss the importance of backing up data before resetting and how to do it. PrimeXBT is a multi asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. There are also a plethora of technical studies and indicators that can be used. These timeframes will vary for different currencies as well as blockchain congestion. The app is available for both iOS and Android devices, ensuring compatibility with a wide range of mobile devices. We wanted to show our clients how much we appreciate them and offer them a way to explore the new. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders.
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Our commitment to privacy is paramount, reflected in the meticulous design of our operations and infrastructure prioritizing personal data protection. It takes just a few minutes to get started. Additionally, you will need to provide a proof of address, such as a recent utility bill or bank statement. However, you cannot withdraw or transfer this amount but only use it to trade on the platform. Depending on your jurisdiction, some products or services might not be available. On the downside, PrimeXBT lacks some essential services and features, such as swap free accounts and automated trading via Expert Advisors EAs. Learn more about Baksta’s Legal Terms. ‘una Wallet’ is more than just a digital wallet; it represents the culmination of WEMIX’s innovative efforts in the blockchain space. To learn more about Polkadot ICO click here. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page. PrimeXBT charged me a withdrawal fee of 0. Welcome Bonus Terms and Conditions. Requirements for Opening a PrimeXBT AccountTable of contentsRequirements for Opening a PrimeXBT AccountIs There a PrimeXBT Welcome Bonus. The trading interface did not seem as intuitive or familiar, though that could be because I have grown used to crypto exchanges with a TradingView interface. It will come as no surprise that the steps to making money with Day Trading begins with finding the right strategy for you — one that you can stick to. Trade Crypto Futures Contracts incl. She was also extremely polite and left me with a very positive overall impression. Dogecoin investors are hopeful that DOGE can reach $1 each. PrimeXBT operates in a wide range of global markets, offering its services to users in more than 150 countries around the world. We cover Bybit’s products in more detail in our Bybit review, but to provide a high level of the most prominent features, here is what Bybit has to offer. This platform allows me to split margin between each order. The Cardano price prediction for 2025 may top out at $1. The CFD markets are similar to other markets in the sense that there is a bid and an ask price.
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Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. As you can get your hands on crypto trading and explore broker’s offerings without putting your money at stake. PrimeXBT is no exception. Most cryptocurrency projects are usually focused on technology rather than branding and marketing. PRIOR TO TRADING WITH MARGIN YOU SHOULD CAREFULLY CONSIDER THE TERMS AND CONDITIONS OF THIS WEB SITE, TO THE EXTENT NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. To all readers: Thank you for your interest. Information regarding past performance is not a reliable indicator of future performance. A little more than two years ago. The processing time for deposits varies depending on the cryptocurrency and blockchain network used. Whether there are limits on the withdrawal amount is not specified on the site. Having said that, if you decide to try out this main feature of PrimeXBT, then you will need to register an account. Trading involves risk. :Just a joke, the platform is a user friendly one according to my experiece. When markets are moving sideways with no dominant direction, the trend is sideways instead. 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. Commodities include Brent and Crude Oil, Natural Gas. The rate can be either long to buy or short to sell and depends on the specific futures contract. PrimeXBT clients have access to margin trading leverage, which allows them to increase the volume of transactions at the expense of borrowed capital. 0005 BTC charged by PrimeXBT and you will also pay the normal network fee for the BTC transaction. Download the PrimeXBT app to trade, manage your investments, and stay updated with real time market data. Decentralized exchanges such as Etherdelta, IDEX and HADAX do not store users’ funds on the exchange, but instead facilitate peer to peer cryptocurrency trading. For example, the most important thing is that it is a trading system is one that you are comfortable with. 2024 00343, having its registered office address at PKF Corporate Services Ltd. And then here is the first page you land on when logging into your IG spread bet account on the IG app.
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You can open an account and start trading with just your email address. NASDAQ NDX: The indices markets have also shown a strong rally following the U. At current rates of EUR/USD at 1. To download the PrimeXBT iOS app, open the App Store on your iPhone or iPad. Send Crypto to anyone, as long as you know their wallet address. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Made with ❤ by Peachy 🍑. They also do not offer any downloadable PC client program to trade on, the platform is browser based only. 58 per coin in one single year but then dropped 99% because of how strong the move was. Trade 100+ markets like BTCUSD, EURUSD and SP500. The list of centralized crypto exchanges that don’t require ID gets smaller each year but some names include MEXC, ByBit, and CoinEx. Stay up to date on crypto. Several key factors play a significant role in the price of Polygon, from market conditions to technological advancements. The best platform in the world will become the worst one in an instant for someone who has all their funds stolen from the exchange. When you are trading Forex, you will need to choose a currency pair to focus on. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. This website provides entertainment content, and using it means you accept out terms. Unlimited via Perfect Money. Let’s start with trading fees, which are the most commonly encountered fees for most traders. PrimeXBT goes out of its way to mitigate most of the risks involved in trading from an operational or structural standpoint. Scan this code to download app. The highly speculative market is also highly volatile, making it ideal for investors and traders seeking to become wealthy quickly. He also worked with Jamaica Producers Group Caribbean snack food business where he managed finance and logistics. If you have any questions or need assistance with your trading strategies, please don’t hesitate to reach out to us at. Crypto Futures example. Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. The entity falls outside the EU regulatory framework i. No, PrimeXBT does not charge any fees for deposits, allowing traders to fund their accounts without additional costs.
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The developer, Prime XBT Trading Services Ltd. We’re thrilled to hear that you’ve found our platform helpful as you embark on your trading journey. Remember, margin trading is not suitable for everyone. Our Dogecoin to Turkish lira Converter is up to date with exchange rates from January 8, 2025. PrimeXBT is off the hook. It takes just a few minutes to get started. PrimeXBT’s user friendly interface, advanced trading tools, and commitment to security make it an attractive option for investors. Trust us, we do our best to make our work always fast and efficient for you. Next, we will explore the impact of PrimeXBT’s user base on the cryptocurrency trading market. The platform is friendly and the trading engine is easy to learn. Like most exchanges and financial sites these days, PrimeXBT has full SSL encryption. 001 BTC deposit to begin. This website is owned by PrimeXBT PTY LTD. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. There is also a demo account. Get $100 off your first purchase at Primexbt. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. The best crypto exchange should have high trading volumes and a significant number of active users. MT4 offers a variety of chart types, indicators, and drawing tools that can be customized to suit individual trading styles. However, our constant ongoing monitoring of incoming transactions and manual approval over outgoing transactions utilizing the industry’s best blockchain based AML compliance software ensures that we can actively and effectively address all suspicious transactions. We realize that margin trading requires a fair amount of skill and there’s plenty of risk involved, but as long as you understand this and budget carefully, there’s no reason why you can’t enjoy everything PrimeXBT has to offer. Comments: One thing that I really appreciate about PrimeXBT is that it is not simply a run of the mill crypto exchange, but rather a highly advanced trading platform offering a wide range of assets from various markets.
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Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. PrimeXBT believes in innovating and evolving with the help of cutting edge blockchain technology to offer users everything they need for an excellent trading experience. 075%, but these rates can vary based on the asset being traded. However, these spreads may vary depending on market conditions and liquidity. 🌐 Discover all about PrimeXBT, its features, and future updates directly on their official platforms. Like any investment, a thorough understanding of the platform, its offerings, and the customer and support team is vital before getting started. Together this trading technique is called leverage trading margin trading. The EUR/USD pair is a popular currency pair to trade in the. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. If you have decided that you would like to try out the PrimeXBT platform then you will need to register an account. Reply from PrimeXBT Copy Trading. Those phases of counter trend moves are called price corrections and can be measured with Fibonacci levels or determined using tools like channels and trendlines. 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. 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. This category includes data that can be connected to your identity and might be utilized for. For experienced traders, PrimeXBT broadcasts an investing calendar. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. The spreads on major pairs like USD/EUR or USD/GBP are generally smaller than on minor or exotic pairs, but all spreads are competitive.