🌟 Why Choose PrimeXBT?

Visit PrimeXBT to experience the platform’s cutting edge financial technology. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Bitbuy is the perfect platform for any crypto investor no matter their experience who wants to ensure their transactions are safe and secure. However, there are some regions where PrimeXBT does not accept users, including. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. We’re glad to hear that our platform suits your trading strategy and needs. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The main purpose of this primexbt review is to express the gratitude for ensuring such a contemporary trading platform. With Futures a trader has an obligation to buy or sell a contract before an expiry date, while Options provide traders with the right to do so, but not the obligation. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. Prime Technology Ltd is PrimeXBT’s Technology Provider. This minimized my losses and still only cost 0. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. These products are not suitable for all investors. However, on the plus side, we note that you can withdraw funds in both cryptocurrency and fiat currency and in some cases even in cash. In this PrimeXBT Crypto Futures review, I will examine what it has to offer, what it flourishes at, as well as its limitations, in an attempt to explain whether it is a useful and worthwhile toolkit for people who are interested in futures activities. Using a VPN to access PrimeXBT in restricted countries can help bypass regional restrictions. 0 out 5 stars based on 75 user reviews on Capterra. Leverage reflects the ratio of personal funds required to open and maintain a position in comparison to the size of that position. Decentralized platforms, built on blockchain, are gaining traction in 2025. PrimeXBT execution speeds average 7. For any assistance, you can reach us at. The distribution of LINK rewards favours node operators with substantial stakes more. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. Akses kemudahan berdagang dari mana mana sahaja dengan aplikasi PrimeXBT. While PrimeXBT is not regulated or licensed, it has a positive reputation and a long history of satisfied traders. Best regards,The PrimeXBT Team. Returns may be subject to tax.

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Registration is free, and takes less than a minute to get started thanks to no KYC process being required. Date of experience: October 10, 2024. Register and join our community with millions of traders from all Forex PrimeXBT around the world. I found the KYC process to be straightforward, with my account being verified instantly. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. And it goes beyond crypto signals. Most of the «basic» plans include both crypto signals and crypto future signals, portfolio services and «secret» market insights. Do not waste people’s time. Typically, the interest is charged at a monthly rate, divided by the time involved. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. This again presents an interesting way to make money with cryptocurrencies, and is one way to earn cryptocurrency, and all without even having to buy Bitcoin. Click Download and confirm the file download if you see a warning. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Buying Bitcoin typically involves a debit card or credit card. Over time, these fees can add up, potentially impacting overall profitability. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. There are discounts available for institutional traders and whales who trade 300+ BTC worth of volume in a 30 day rolling trading period. Besides, there are over 100 CFDs available for trading and it’s for those who consider crypto futures a bit risky. We’re glad to hear that you find the platform user friendly and appreciate the range of crypto trading options, from Futures to CFDs. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks.

Cryptocurrency Leverage Trading Explained

Attend exclusive PrimeXBT events, network with other clients and learn new skills. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. The stop limit order works similarly, but only when the asset price hits a certain amount. Finally, PrimeXBT also runs a pretty unique medium blog. When your VPN is set up and you are connected to a server, you can now register on PrimeXBT. The quickest way to get help from our dedicated support team is to send a message in the Live Chat. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. In the Earn section, users can enjoy guaranteed yields in the Savings section, take advantage of low risk yield options like Liquidity Mining, Shark Fin, Launchpool, or participate in higher risk activities such as Dual Asset. PrimeXBT offers traders a unique chance to combine the thrill of trading with the excitement of travel. Here, we’ll explore some key factors to consider when making this critical decision for your crypto leverage trading strategy. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. In the event of system overloads, PrimeXBT’s trading engine efficiently manages order queues to mitigate the impact of high volatility. Capterra is free for users because vendors pay us when they receive web traffic and sales opportunities. US users have access to more than 70 coins, which far outpaces PrimeXBT. While it can amplify your profits, it can also significantly magnify your losses. Here’s our detailed analysis of the futures trading experience. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. With this convenient live chart, you can view the current ADA/USD price, analyze the price dynamics, trace historical ADA to USD exchange rates, build your trading strategy, and trade Cardano with leverage on PrimeXBT. Privacy Policy Terms of Use. With up to 50% revenue share, performance bonuses, and recurring commissions, partners can enjoy substantial earnings. Overnight fees apply to positions held overnight and are calculated based on the asset and the leverage used. With PrimeXBT trading, users have access to high liquidities across more than 80 asset classes, including PrimeXBT Forex trading, indices, commodities metals, gas, and oil, and cryptocurrencies Bitcoin, Ripple, EOS, Litecoin and of course, Ethereum. PrimeXBT is among the best South African brokers with a niche offering that caters perfectly to its target group. Being able to access tokens early while they are at pre public sale prices can often lead to lucrative gains, but these projects also come with higher risk as they are brand new and highly speculative. With this convenient live chart, you can view the current ADA/USD price, analyze the price dynamics, trace historical ADA to USD exchange rates, build your trading strategy, and trade Cardano with leverage on PrimeXBT. In those 5 years I have seen the rise and fall of multiple services who claim to be of superior quality and yet every time I’m disappointed. We’re glad to hear that you’re taking advantage of the market movements and using the leverage options available on PrimeXBT.

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Similar to deposits, withdrawals can be made with cryptocurrency. However, depositing or withdrawing fiat currency will require KYC identity verification. You can then buy, sell, and trade cryptos without giving any personal details or documents. 05% commission applied to the raw spread. Tokenized tokens offer another opportunity to boost Ethereum’s value. While Kraken offers notably fewer assets than Bybit 229 vs. It will be distributed to eligible clients during the promotional period, and you will receive an email notification once the funds are credited. PrimeXBT provides 24/7 customer support via live chat and email. These features could potentially position XRP as a competitive alternative to traditional financial systems, especially in emerging markets where access to banking services is limited. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. While benefiting from not having to conduct your own analysis, it’s crucial to monitor the performance and market conditions, ready to adjust your strategy if necessary. When you trade CFDs, you’re betting on price changes from when you open to close a contract. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Bybit has extremely competitive fees of 0. Send Crypto to anyone, as long as you know their wallet address. When deciding on choosing a strategy, there are two paths you can go down. Global USA not allowed. Here are the main points of a powerful copy trading strategy. The WebTrader is easy to navigate, and even beginner traders can quickly learn where the charts, account info, and watch lists are located. It also offers 1:1000 leverage for trading Forex, Indices, and Commodities.

$100 New Year NO Deposit Bonus 2025 – MTrading

To learn more about Polkadot ICO click here. Nonetheless, XRP’s price recovery reflects strong confidence of full recuperation. Building a trading plan is crucial so that you are not simply guessing where the market is going to go. We are always here to assist you. Remember, each standard lot is worth 100,000 units of the base currency, or the first one that is being quoted in terms of the second one. $67,000/200 = $335 0,005 BTC. ◾️How much money can I make. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. They use leading tech to analyze text quality and to detect plagiarism and generative AI. Our website uses cookies. Our user friendly platform features advanced charts and tools, to help you make informed trading decisions. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Emotional trading in a margin account has led to massive losses for some traders. 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. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. When trading with PrimeXBT, you get access to CFDs on a wide range of financial instruments, allowing you to efficiently diversify your portfolio and take advantage of leverage and margin trading. However, if you are new to cryptocurrencies or if you don’t have bitcoins at the moment, you can buy BTC using a Credit Card fiat currencies via this PrimeXBT’s partner and have it transferred to your PrimeXBT wallet. The support and resistance levels are used to speculate on the price movement. Currently, obtaining COV tokens at a reasonable price is challenging, as their purchase is exclusively possible through PancakeSwap, where availability is restricted. 32 to send USDT over the BEP20 network.

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Bybit is a well established platform that offers users a flexible trading experience, including the option to trade without undergoing KYC verification. For those traders who are more technical, they may prefer a broader range of order types and functionality. To claim the PrimeXBT welcome bonus, it is essential to deposit at least 0. The next step in trading Bitcoin is to have a well defined, written trading plan. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. 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. Besides, it protects your password and privacy by hashing them using bcrypt with a cost factor of 12 and encrypting all other sensitive data. The PrimeXBT affiliate program is a great way to generate additional income by promoting a reputable trading platform to potential users. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. 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. How we withdraw , what ar ethe withdraw terms. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. The loss can be figured out by simply multiplying the $0. So many options with the wide range of crypto pairs and different types of margin. Comments: Limited technical analysis tools. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. Get hand selected news and info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits. 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. 🌐 Discover all about PrimeXBT, its features, and future updates directly on their official platforms. In this article, we will explore all aspects of PrimeXBT fees, including trading fees, withdrawal fees, and other charges. We reserve the right at any time to conduct a verification of a client’s identity or source of funds, known as Customer Due Diligence CDD, to ensure that PrimeXBT services are not abused and the user does not violate AML requirements. The formula for calculating the value of a swap: Swap rate % Asset price Amount position size. Asset Coverage:One of the standout features of PrimeXBT is its extensive asset coverage. Overall, I rank PrimeXBT in the middle of the pack. To purchase digital currency, you need to. The user information on who has traded on PrimeXBT is confidential and not publicly disclosed due to privacy and security reasons. If you use 100x leverage, which is the highest leverage possible on PrimeXBT, it only takes a 1% drop in the Bitcoin price for us to reach the liquidation price.

How do I convert DOGE to TRY?

Twitter: aylerTBMLinkedin. Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process. Isolated margin, will close an open position when the position margin is exhausted due to a margin call, as the only margin available is what the initial margin was. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Holding a position open for an extended period of time. Here you can find additional information on how to trade futures products. Below is a chart that shows how a traditional margin loan would work in a traditional stock brokerage. Plus we should note that PrimeXBT will strive to approve your withdrawals on the same day that you make them. If you search well, you can find numerous reputable free Crypto signal providers. It takes just a few minutes to get started. Warning ⚡️: Trading leveraged futures products is incredibly risky. 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. Read our Privacy Policy. Given that the platform has operated without controversy since its launch in 2018, it may come as a surprise that the company or exchange isn’t regulated or licensed, operating out of the relatively lax Seychelles. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. In the following, we’ll introduce the best Bitcoin and altcoin brokers we know and provide all the important details about them regarding supported coins, leverage levels, ID verification and where they can be used. These include ADA/BTC, DOT/BTC, EOS/BTC, ETH/BTC, LTC/BTC, and XRP/BTC. Accel, Greycroft, Lakestar, The Chainsmokers’ Mantis VC, Will Smith , Intuition Capital, Tiger Global, and others have invested in the company. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Both platforms offer robust features, but their interface designs cater to different user needs. Io, in my opinion, is the leader in crypto copy trading. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. In terms of the reviews by other traders, they appear to be quite mixed. Thehighest forecasted price is $4. These are professionally done and well presented.

Futures Fees

BNB Smart Chain network BSC for BEP 20 tokens. On the other hand, a short position will give you profits when the price of a cryptocurrency drops. 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. While the token supply is much larger than Bitcoin’s, it is still relatively scarce for a leading smart contracts platform. Anyone can write a Trustpilot review. Our website uses cookies. None, registered in Seychelles and Marshall Islands. This type of order allows traders to lock in profits while allowing for potential further gains, making it a versatile tool in trending markets. Here’s a look at the pros and cons of using this feature. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. These services are governed by the legal terms and conditions of PXBT. Open the app, click «Actions,» and select «Send. 2024 00343, having its registered office address at PKF Corporate Services Ltd. ℹ️ What are Majors vs. If crypto copy trading is something you are interested in, Gate. Gemini is a notable crypto exchange that has never been hacked. Short selling is a great way to make profits in a downtrend. The 24 hour trading volume amounts to $38065974372 USD. Registered Office: Unit 3 Mitcham Industrial Estate, 85 Streatham Road, Mitcham, United Kingdom, CR4 2AP. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. I assessed that PrimeXBT’s fees could be more competitive. One held for a longer time since the margin balance is both the account balance and realised P/L. As a filmmaker with extensive experience across multiple areas of content creation, my work has been featured internationally, and I’ve had the honor of serving as both a speaker and jury member at numerous prestigious events.

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However, the platform has garnered positive reviews from its customers with few complaints. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. The PrimeXBT platform has plenty of tools available to suit traders of most skill levels. We’re glad to hear that our platform suits your trading strategy and needs. At PrimeXBT, we are committed to ensuring our trading environment stays aligned with the evolving market. 2️⃣ For a short period of time on June 11th, 2022 there was an offer of $5 for account verification in Reward center. Deposits made through Volet and Perfect Money to your Cash Wallets on PrimeXBT are generally processed instantly. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security.

What Peoples Thinks About Us ?

Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Polygon has captured the imagination of many crypto enthusiasts looking toward Web 3. Tradable assets aside, here are the products and features PrimeXBT brings to the table. The platform is available in 16 languages and supported on most popular browsers. Other meme coins include PEPE, SHIBA, and more. PrimeXBT’s mobile app, available on iOS and Android, provides fast and convenient access to the market anytime, anywhere. It also was a part of the Reddit WallStreetBets and TikTok trend where users pumped the coin on Robinhood. Each point of upward movement in the FTSE 100 is worth $500, whereas each point of downward movement is worth $500 50 contracts multiplied by $10. Scan this code to download app. Trading cryptocurrencies on margin carries a high level of risk, and may not be suitable for everyone. A smart contract is a software program that is coded on the blockchain. Learn more about PrimeXBT. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Now that your device is ready, let’s move on to the actual installation steps. Additionally, PrimeXBT supports third party payment providers such as Volet and Perfect Money. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. It’s preloaded with hundreds of popular indicators like strength index, moving averages, etc. Bitcoin CFDs can be interpreted in two ways. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. The educational and analytical toiols have made it reaaally easy for me to upskill my trades and make huge profits. The platform provides a suite of drawing tools, including trend lines and Fibonacci retracement, as well as various chart types like candlestick, bar, and line charts. PrimeXBT is incorporated under the laws of Saint Lucia. Past performance is not an indication of future results.

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PrimeXBT is a cryptocurrency trading platform offering access to global markets, including forex, commodities, indices, and cryptocurrencies. KYC due diligence may seem like an invasion of privacy especially for a group of individuals that laud privacy, anonymity and the decentralisation of the financial system. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. Scan the QR code with your device’s camera and get APK file. This is called covesting within their service and you will need to explore the fees that are applicable for the program. Always ensure to use promo codes from trusted sources to avoid any issues. Scan this code to download app. Yet, the real world performance of this well fortified ecosystem under trading conditions remains to be thoroughly vetted. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4. When we used PrimeXBT, we were reassured to see that the brokerage offers a demo account through its Contests. PrimeXBT is a prominent platform in the trading world, offering a range of financial instruments, including Forex. However, the absence of custom price alerts was a notable drawback. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. The formation of higher highs following a higher low defines an uptrend. ✨ May this holiday season bring happiness, warmth, and success to you and your loved ones. Of course, all of these methods are aimed at making money through cryptocurrency, but they are all very different from one another. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. Brief Price History: Ethereum began as an ICO, trading at only a fraction of the cost it does today. No, bonuses on PrimeXBT cannot be withdrawn. For example, if you deposited with Volet, you must also withdraw using Volet. It takes just a few minutes to get started. Trade 100+ markets like EUR/USD and SP500.

Worse

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. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. 05%, while there is zero commission for forex, indices, or commodities. If you use 100x leverage, which is the highest leverage possible on PrimeXBT, it only takes a 1% drop in the Bitcoin price for us to reach the liquidation price. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Additionally, there are a number of products and processes that allow traders to be even more agile and profitable that have come in from traditional trading settings. Brokers operate multiple entities globally, but regulatory protections vary. Best regards,The PrimeXBT Team. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. 07:00 am to 16:00 pm UTC. Therefore, short Bitcoin when you have confirmed that the market will crash. When trading Bitcoin on PrimeXBT, it is crucial to understand the associated fees and costs. It isn’t entirely known, but the top 100 holders have roughly 60% of the total supply as of 2023. It’s essential to differentiate between the Shiba Inu token and the Shibarium platform. Payments to partners are made in the same way as other withdrawals, i. The trading section is designed to be user friendly, with a clean layout and easy access to essential tools and features. These tokens are designed to provide traders with magnified exposure to price movements of various assets, either upwards or downwards. After completing these steps, you will receive a confirmation email. My experience with PrimeXBT’s customer support was mixed.