PrimeXBT Info Hub

The registration procedure is quite simple, it takes just a few minutes. Dear Sizwe,Thank you for your positive feedback. It is cool to trade through a single account crypto futures and other traditional financial assets like forex, commodities and so on. 1️⃣ Visit the PrimeXBT homepage and tap the Register button in the top right corner. We aim to help inform traders whether Prime XBT is the right platform for their needs. Open the downloaded file and tap Install to complete the installation. 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. 12 at the time of this report. Despite the variety of choices, PrimeXBT is extremely simple to use. A no KYC crypto exchange is a platform that does not require users to complete a “Know Your Customer” KYC identity verification process before they can trade or access the platform’s services. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. PrimeXBT is a popular trading platform known for its extensive range of trading options and user friendly interface. The community comprises the users of the underlying network, token holders and other people that generally support the project. The Covesting module highlights top traders and their returns, allowing users to invest and create funds rated by capital and ROI. Prime XBT Trading Services, S. Prime XBT provides its proprietary platform that is used by traders from around the world. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Trading digital and traditional assets from the convenience of one platform and one account. PrimeXBT is a cryptocurrency trading platform that offers access to financial derivatives like crypto futures, CFDs, and forex. We’re glad you’re enjoying it. To access it, navigate to ‘Hub’ and select ‘Referral Program. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. Here, we consider the long term outlook as a market outlook for the next 3 6 months. Bitcoin, the world’s first and most popular Cryptocurrency, has always been a topic of great interest and speculation. You need to have reasonable risk, but it has to be a risk that you are comfortable with.

◾️I lost or reset my 2FA device / phone What do I do?

Withdrawal fees vary depending on the currency being withdrawn. From everyone here at PrimeXBT, we’d like to wish you and your loved ones happy holidays, and a prosperous new year. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. Withdrawals are processed once a day between 12:00 and 14:00 UTC. For residents located in these countries or traders who prefer spot trading which is more common, I recommend checking out our OKX review and Binance Review. Furthermore, the broker will have access to additional services, such as third party mediation in the event of client disputes. Customer support is available 24/7 via live chat and email. The difference between the buying and selling price determines the profit of the trade. Io feature is another big plus. Log Financiamiento de PrimeXBT in to your PrimeXBT account, grab your referral link, and start sharing. Visit our Help Centre. Connect with us, and other traders like you, across channels including Telegram, Facebook, Instagram, Twitter, Reddit, and Discord. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. The main reason why any trader would want to use leverage is to increase their profits. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. However, it comes with a certain set of requirements. This could be a dealbreaker for some crypto traders who want to stick to digital assets only. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. People love the variety of assets available, from forex to Bitcoin and Ethereum. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Account replenishment. To manage the risks of leverage, start with a lower leverage ratio, use stop loss orders, implement proper position sizing, monitor market conditions, and continuously educate yourself about leverage and risk management. That is one of the reasons why here at the Coin Bureau, one of the ways we strive to help our community is by streamlining the process and helping folks find the right exchange that is best for them. The platform doesn’t hold users’ funds; instead, trades are executed directly from users’ wallets via smart contracts. For residents located in these countries or traders who prefer spot trading which is more common, I recommend checking out our OKX review and Binance Review. It is worth noting that Perfect Money charges the 1. We’re glad to hear that you find the crypto options, including Bitcoin futures, on PrimeXBT exciting and fitting for your trading needs. Additionally, PrimeXBT offers leveraged trading, allowing users to amplify their potential profits by trading on margin.

The Comprehensive Guide to PrimeXBT Turbo

Regular updates and check ups are provided here to detect any possible vulnerabilities. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 26% below its all time high of $3. It’s great to hear that you found the process engaging and beneficial. Prime Technology Ltd is PrimeXBT’s Technology Provider. BitSeven had boasted hundreds of traders from across the globe since 2017. To trade instantly on PrimeXBT, log in, ensure sufficient funds, select a market, set parameters, and execute your trade with a market order. This makes it possible for traders to profit from the significant volatility that characterizes cryptocurrency markets. Having said that, if you decide to try out this main feature of PrimeXBT, then you will need to register an account. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Recently, I decided to update my application to its latest version, but unfortunately, it has become extremely slow and often unresponsive. The supply overhang could need a re accumulation phase before another sustained price increase. This review shows PrimeXBT supports big cryptocurrencies like Bitcoin and Ethereum. This also helps the crypto financial system remain healthy and avoid price manipulation such as so called “pump and dump” schemes. Liquidation occurs when the value of your position falls below the minimum margin requirement set by the exchange. Our human support team is here to help 24/7, in your language. There are several bullish several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. It has come to our attention that several websites, as well as several social media accounts and online discussion forum accounts, have been posing as PrimeXBT or official PrimeXBT staff members with the goal of scamming users and stealing their funds. 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. As the market moves against your position the trading platforms PrimeXBT offers will add margin to keep that single position or existing positions open. With PrimeXBT you have access to various trading assets; CFDs, Forex, Crypto, etc.

Conclusion

The best part is that you can unstake your tokens anytime. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Whether you are a trend following trader, day trader, or HODLer, PrimeXBT’s trading platform allows you to seamlessly execute your trading ideas with extremely low fees. 5 Apps Every Serious Crypto Trader Needs on Their Phone. Under the new regulations coming for crypto in the US, it’s likely both centralized and decentralized exchanges will implement more KYC processes in order to issue Form 1099 DA in the coming years. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Margin accounts simplify the process of “shorting” an asset, as there is no need to go out and borrow it first. You can expect a verification code or link in this email. For example, not all Shiba Inu holders hold the coin as a speculative investment. During testing, I received fast responses with a reasonable level of detail. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. This is because it acts as a platform for developers to build and innovate through continuing research. Ensuring that the chosen deposit method aligns with personal preferences and the platform’s offerings can streamline the trading experience. Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. Our CPA managers are available to provide individual support for every partner and ensure they can earn additional income from referring new users to the platform. For traders looking for a high risk, high reward platform, BitMEX could be a good fit. The exchange offers different types of tournaments. The most trusted, regulated, institutional grade crypto trading platform on the market. Makers, who provide liquidity by placing limit orders, receive a rebate, while takers, who take liquidity by placing market orders, pay a fee. Because it will force you to slow down and make decisions based on rational thinking rather than emotion, and will also inevitably lead you to think long term. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The $10,000 in cash would be traded for one full Bitcoin, allowing the trader to speculate on the movement of price in the markets. TradingView charts are also available, helping users analyze and make better decisions. Millions of users use MEXC every day to buy, sell, and trade more than 1600 cryptocurrencies, and the exchange trades hundreds of millions of dollars in crypto daily. If your transaction is delayed, first check the network status and confirmation times for the cryptocurrency you are using. Get a modern CFD trading experience in your web browser, no downloads required, with the easy to use PrimeXBT WebTrader. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. Many traders follow the news when trading in the financial markets.

Just like any other tool

Register and join our community with millions of traders from all around the world. PrimeXBT keeps data safe with top encryption. However, you can use third party services to convert fiat into cryptocurrency and then deposit it into your account. Moreover, the exact leverage users will be allowed for the position also depends on the type of asset that traders trade. Furthermore, the overall best way is through the CFD markets to benefit from pure price action. It takes just a few minutes to get started. 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. If you receive a margin call, you have the choice of either depositing more money in your account or selling investments to maintain the account value that acts as collateral for the loan you have taken out. Taker fees, on the other hand, are charged when you remove liquidity from the market by placing market orders that are executed immediately. Remember to verify the validity and terms of each promo code to fully benefit from our offerings. Can say it was a very fun journey, not easy, but worth it for me. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Crypto Deposits: PrimeXBT offers free crypto deposits. While both projects have growing communities and developer ecosystems, Polkadot has a more established network of projects and partnerships. PrimeXBT is committed to adhering to international regulations and implementing measures to ensure compliance with legal standards in the jurisdictions where it operates. Traders can trade over 40 crypto assets, including popular pairs like BTC/USD and ETH/USD. There is no way to know whether this is the case.

How do I activate a bonus on PrimeXBT?

PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. On the Internet, we have not found any feedback from clients who faced hacking of the platform and loss of their funds. Robinson is also a member of the Young President Organization YPO, NextGen network of executives and the Council of Urban Professionals CUPA. This comes roughly a month after the platform’s monumental merge update. You can’t deposit USD, EUR, or other fiat currencies. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. 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. PrimeXBT’s Economic Calendar is a vital tool for traders who want to stay informed about the latest economic events and announcements that could impact global markets. PrimeXBT delivered a seamless trading experience. The deposit may take a bit of time to show up in your account due to the fact that the crypto will require confirmations on the blockchain network before they are deposited into your account. We also use different external services like Google Webfonts, Google Maps, and external Video providers. In practice, Know Your Customer compliance means that crypto exchanges must adopt the following practices.

Leveraged Trading on PrimeXBT

Bitcompare does not look at or list all companies or products on the market. Trading in Cryptocurrency, including XRP, has taken off with traditional traders as they flood to well established platforms that offer similar professional services that they are used to. PrimeXBT offers various withdrawal methods, including. In this scenario, the GBP/USD pair has risen instead. Zengo stands out from the crowd as a leading crypto and NFT wallet, equipped with top notch security measures like Multi Party Computation MPC technology, a robust Web3 firewall, and advanced biometrics. Price fluctuations can be sudden and significant, which may lead to substantial losses for unprepared investors. The DeFi sector decreased the total value of. Here are some of the main Pros and Cons you should consider from this PrimeXBT review. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. Instead of having a predefined amount of funds for margin, which may close your trade if exhausted, your entire account balance can be used as margin. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. Our clients love how fast and simple our sign up is. It’s advisable to review this regularly as fees may change. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. These products are not suitable for all investors. Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. PrimeXBT Instant offers advanced trading features such as fast execution, low latency, a wide range of asset classes cryptocurrencies, forex, commodities, indices, leverage options, and a user friendly interface.

Trade

Follow expert traders effortlessly and replicate their success. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. 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. Lastly, you can’t rearrange or resize modules on the desktop platform. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. These factors position PrimexBT as a reliable choice for traders seeking a crypto copy trading platform. Overall, PrimeXBT is a robust multi asset trading platform that caters to both novice and experienced traders. Go to Settings > Security and enable Install from Unknown Sources if prompted. PrimeXBT uses robust security measures to protect your account and funds. 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. We’re here to help you. They might see the limitations of cross margin as a trade off for the potential rewards, fully aware of the double edged sword that high leverage presents in volatile markets. Chart features include. 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. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. For a brief overview, look at the first general table. However, traders are also interested in new assets that show growth potential. Some payment methods are free, while others may charge a percentage or fixed fee. It magnifies both potential profits and losses. If you ever need any assistance or have suggestions for improvement, please don’t hesitate to reach out to us through our live chat or email at. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. At 200x leverage, the clear winner is PrimeXBT. We’ve got you covered with access to 100+ global markets on one platform. Date of experience: November 14, 2024. All in all, the whole crypto community is preparing for the next leg up in this bull run. Unlimited for verified users.

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It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. They highlight the platform’s strong margin trading options. Musk is a bit litigious. A prime example of this is the recent, highly publicized ban on crypto mixer Tornado Cash. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. From beginners with a standard account to seasoned professionals with platinum accounts, each tier is designed to provide specific benefits that enhance the trading experience. 01% on crypto futures. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts. Naturally, in this PrimeXBT Crypto Futures review, I’m focusing on the platform’s derivates services, but it should not be ignored that PrimeXBT copy trading is also a major part of its ecosystem. Your profits will depend on your patience, trading decisions and the success of your trading strategies. Gold is an established and mature market for investable assets. An example of a typical trading signal would be this. Deposit Purchase crypto via bank card or transfer via third party companies. Bitcoin was first created in 2008 during the Great Recession and economic crisis. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. For additional inquiries, you can contact their team at.

Earn Huge Exclusive Binance Learners Rewards

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. The file is verified secure by PrimeXBT. Com is provided solely for informational and educational purposes. Fees which traders should take into consideration are. Choose one of the following products that suits your needs. In terms of security, PrimeXBT takes extensive measures to protect customer funds, including keeping most funds in cold storage offline, using multi signature access, and conducting regular security audits. That said, it’s wise to withdraw most of your funds you don’t plan on actively trading to private wallets you control, mitigating some security and regulatory risks, and use funds on PrimeXBT explicitly for trading purposes. There have been no reported hacks or security breaches in the exchange’s history. Some like Bybit seem to strike a balance between everything. I am trading through primexbt trading platformfor a long time and have never faced any troubles connected to order execution, payments and others stuff. This is impressively fast and means that traders are less likely to experience slippage. Bybit, on the other hand, is known for its user friendly interface that caters to both beginners and experienced traders. While both stop orders and limit orders are used in trading, they serve different purposes. Thank you for your kind words and for choosing PrimeXBT. Test it out with a demo account using virtual funds. In that scenario, you could borrow the other $90 from the broker to take control. The RSI continues to support further upside while remaining out of overbought territory, and the MACD is bullish, adding to the upbeat picture. These services are governed by the legal terms and conditions of PXBT. This may involve a robust identity verification process. Since founding NEP in 2008, Mr. This section will guide you through the initial steps of starting your trading journey on PrimeXBT. Risk management is important in leverage trading. The platform offers a very limited range of crypto futures markets and conditional orders.

Can US citizens use PrimeXBT?

You can easily find PrimeXBT bonus codes across various social media platforms, including Twitter, Facebook, and specialized trading communities. With it’s high liquidity, stable trading engine and a wider range of assets, this broker is a good choice for very active day traders who trade in all kinds of markets. Trading fees on PrimeXBT consist of maker and taker fees. Strategic partnerships and integrations contribute to Solana’s value by expanding its ecosystem. The Bitcoin Cash hard fork currently is the most notable fork in history, but as time has shown, it failed to overtake the original Bitcoin, even though that was the intention. They want you to feel confident and knowledgeable, so you can make smart decisions when trading. Coinpedia, a popular website dedicated to cryptocurrencies, has several analysts that believe Ethereum could see a massive surge in price if the Ethereum 2. 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. Shiba Inu coin is a “meme coin” that caught the attention of crypto enthusiasts over the last few years.

Important Notice

Traders must be aware of these regulations to avoid potential issues and ensure a smooth trading experience. 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. PrimeXBT is an acceptable choice for day traders. Profit from the markets by following the experts. You might also like: BDSwiss Review. Security is key for PrimeXBT and its competitors like OKX. Embark on a collaborative trading journey with PrimeXBT copy trading feature. Levels to watch: January’s uptrend stopped exactly on the MA200 1D chart and pulled back to the 50.

Worse

PrimeXBT, on the other hand, charges overnight funding fees for holding leveraged positions. PrimeXBT offers a wide range of tradable instruments, allowing traders to diversify their portfolios across multiple asset classes. Financial Review Board. Thus, publishers may ensure a frequent and steady stream of income. Understanding how to efficiently withdraw funds from your PrimeXBT account is essential for managing your investments and accessing your profits. 🌎 Communities in other languages: rimeXBTCommunities Bot🔔 Announcement channel: rimeXBT🌐 Web: epdzTwitter: rimeXBTContent not intended for US EU UK NZ ISRL residents. In terms of market cap, Stellar is currently ranked 1 in the Stellar Network sector and ranked 11 in the Layer 1 sector. For me onboarding at PrimeXBT was seamlss. In 2019, Litecoin experienced its strongest year in recent times, fueled by its halving event. We’re committed to resolving any issues as quickly as possible. PrimeXBT empowers traders to go long or short with leverage. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. You will receive an e mail with a confirmation code. Coinbase so that you can decide which one best fits your needs. This will result in maximum margin utilization at 1:200 leverage and 0% of Available Margin will remain. Instant Credit: Enter the promo code during deposit, and bonus funds are credited almost immediately for trading. However, the regulatory framework is shifting as global adoption rates grow. In this section, you can also track the usage and status of your bonuses. Traders worldwide trust us. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. Notably, there are no trust scores from CoinMarketCap and CoinGecko. However, insurance coverage is still rare within the crypto industry. PrimeXBT accepts both fiat and cryptocurrency deposits. It will also give you the tools to sharpen the skills of a professional. The Bank of England BoE has reduced interest rates by 25 basis points 0. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. Under the new regulations coming for crypto in the US, it’s likely both centralized and decentralized exchanges will implement more KYC processes in order to issue Form 1099 DA in the coming years. But trading here has so many perks.