PrimeXBT

Pro Tip ✔️: Use a block explorer to monitor the confirmations. ETH price has changed by 2. The platform offers a simple, intuitive design with easy access to trading pairs, market data, and account management features. These promotional offers can significantly move trading and reduce overall trading costs, but it is important to evaluate whether they offer real value. Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. Frequently used tools like the versatile order book, pending orders, and multi chart windows can be tailored to your needs. Available on all browsers. Best regards,The PrimeXBT Team. ImhoThat’s why I decided to trade here. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. If you have any more questions or need further assistance, please don’t hesitate to reach out at. These products are not suitable for all investors. Copy trading is also great for the “armchair” trader and anyone who is just looking to make some passive income. The complex interface is unsuitable for inexperienced traders. As a Strategy Manager, showcase your expertise by creating a visible pool of assets that others can follow. Head to the “withdraw” page and provide your Bitcoin wallet address. After a successful retest, it can go upward. The simple pressing of a button allows the trader to get in or out of the market, while all of the financial calculations are done “under the hood. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. 📹 YouTube: Subscribe for video updates. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. However, users should be aware that depositing fiat currencies through third party payment processors may incur fees, which are determined by the payment provider. Because of this, there are two main ways that the average trader will access the currency markets, by trading the CFD markets or using a Forex broker. To deposit Fiat currency USD, go to the Main page,. Bitcoin is hovering around 96. Volume reflects consolidated markets. However, at the most recent all time high, each Litecoin was worth over $418, moving the fastest and strongest out of almost all cryptocurrencies when it did finally break out. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. The numbers in this chart are only illustrative and subject to change over timeRound turn commission. 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.

New to trading? Try PrimeXBT’s Demo Account

Unrecognized or Partially Recognized Jurisdictions. It will also help you identify if you have accidentally landed on a phishing site of some sort. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Licenced in Seychelles. Select your withdrawal address if it’s your first time, you’ll have to click the ‘+’ button to enter a new withdrawal address. Visit the fees section at PrimeXBT to confirm the exact fees on the day. Pros and cons of market diversity on PrimeXBT. Deposits can be made to your PrimeXBT Wallet, or directly to any of your CFD Trading or Crypto Futures trading accounts. I found PrimeXBT global that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. Com does not provide any financial services, including investment or financial advisory services. Disclaimer: This page may contain affiliate links. Prime XBT is excellent. By verifying the identity of its users, PrimeXBT can ensure a safer trading environment and comply with international regulations. Receive the latest news and stay informed. These services are governed by the legal terms and conditions of PXBT. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. A buy stop order is always placed above the market, and a sell stop order is placed below the market. Most online brokers try to provide options to customers in terms of accounts and our PrimeXBT review found that their service is no different. As a general rule, currency pairs to have the widest spreads tend to be the ones that move the most. While Cryptocurrencies are extremely secure, cryptocurrency exchanges have been the targets of numerous hacks and fraudulent acts. To create a PrimeXBT account, visit the PrimeXBT website, click on the “Sign Up” button, provide your email address, create a password, and agree to the terms and conditions. Uphold’s commitment to user security and transparency is unmatched. However, it’s important to remember that leverage is a double edged sword. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. 15 hours ago Darryn Pollock. We put our clients at the centre of everything we do, and use all our resources to help them always be one step ahead of the market. Additionally, the opinions expressed by the commenters do not necessarily reflect those of Bitcompare or its staff. I don’t know of too many platforms that offer a robust plethora of tradeable instruments like PrimeXBT.

Earn a 20% bonus on your first PrimeXBT deposit

This feature allows brands and communities with a substantial following 10,000+ members across platforms like Discord, Telegram, Twitter, YouTube, etc. Margin accounts enable leveraged trading. XRP Whale Activity Hits Four Year Low: What Does It Mean for Traders. Follow these steps to get started with the app on your iPhone or iPad. This is how the broker manages to offer their service and the funds will keep the company going for the years to come. Additionally, with major projects like Polygon 2. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. In this article, we will ask “How much will XLM be worth. Unfortunately, algorithmic trading is unavailable. Below are examples of the popular technical analysis indicators in the market. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. $20 per invited user, up to $50 deposit bonus. Knowledge to use all the available tools. The required margin is different for each trade, so make sure your account is appropriately funded. BitMEX’s sophisticated interface and advanced features make it suitable for experienced traders seeking powerful trading tools. In particular, crypto traders can utilize a maximum BTCUSD leverage of 1:200. However, there is a possibility of impermanent loss as a result of these algorithms. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. Via the Fees and Conditions page, users can view trading fees across the Global Markets, Crypto Futures, and Copy Trading products. It is crucial to carefully review your state’s laws regarding cryptocurrency trading and online services like PrimeXBT to avoid potential legal issues. All incoming and outgoing transfers are executed manually by the PrimeXBT security team to ensure that transactions go through risk scoring, meet anti money laundering standards, and so suspicious trading activity can be flagged. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs.

Is PrimeXBT Safe?

Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. Save my name, email, and website in this browser for the next time I comment. I have broken down the most important research tools with PrimeXBT below. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. A common question is: can I lose more than I deposit into the exchange and then be in debt to PrimeXBT. Do you like playing Lucky Jet and want to try other similar casino. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. General terms and conditions apply. Attend exclusive PrimeXBT events, network with other clients and learn new skills. And even if you don’t like PrimeXTB operationally, you can’t fault them on this front. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Likewise, you are able to see how much profit each trader has made over a given time period. Seek independent advice if you have questions or do not fully understand the risks. 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.

Drawbacks:

PrimeXBT might not be the ideal choice for all traders. O aplicativo é otimizado para desempenho no iPhone e iPad, garantindo operação suave e tempos de resposta rápidos. Required fields are marked. 075% on BTC and ETH, increasing to 0. When using live chat, I usually received a response within 2 minutes. One remark please add a general bright color scheme because changing colours of everything one by one is a bit uncomfortable. We’ve also highlighted the importance of developing a well defined trading plan that incorporates risk management strategies. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. Through our in depth analysis, we discovered that PrimeXBT, a Forex and CFD broker specifically designed for traders in Namibia, has a platform that is both forward thinking and ambitious in its offerings. The support team is amazing , I recently had an issue and they responsed and fixed it immediately. Bybit takes a robust approach to securing user assets, here is a look at their 360 degree security framework. We may receive a commission for purchases made through these links. If you ever need further assistance, please don’t hesitate to reach out at.

PrimeXBT platform

Having survived the worst crypto winter on record, PrimeXBTwas prepared for the most recent drawdown and continued along with business asusual. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. How to claim a 50% deposit bonus on PrimeXBT. Once your deposit is received, we’ll credit the Crypto to your chosen wallet or trading account instantly. PrimeXBT uses TradingView charts, providing users with advanced and interactive charting tools for technical analysis across various markets. This way you can adjust your strategy, your stop loss and take profit levels and margin if you are trading with leverage. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Unrecognized or Partially Recognized Jurisdictions. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. There is also a separate module for copy trading, which allows you to select trading strategies for autocopying trades. Thus, a position’s liquidation in isolated margin mode can be prevented by allocating additional margin to it. BTC/USD, ETH/USD, LTC/USD. Io to buy crypto with your bank card. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. It’s just an agreement to buy or sell at a specific price and then pay the difference of the transaction with cash. It’s important to review the specific fees for your chosen withdrawal method directly on the PrimeXBT platform before initiating a transaction. 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. Also linking to articles containing referral links is not allowed. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. Leveraged tokens are also available for diversified trading strategies. This could be something to think about for traders who would rather test their strategies in a risk free setting before investing real money. Her answers were timely and well informed. The Cardano Foundation is an independent non profit oversight body established in 2016 to act as the custodian for the Cardano network.

Step 4 – Claim Your Bonus

This means that user funds cannot be sent to a rogue address in the instance where an account is breached. 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. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. And for those clients who want to improve the cybersecurity of their investments, the platform offers several solutions. Analyzing these ratings helps identify areas where PrimeXBT excels and where it may need improvement. You’ll also need enough money in your account to cover any potential losses if your transactions go wrong. This section will explore various ways to enhance your trading knowledge and skills, including educational resources, trading courses, and practice accounts. Commodities: Brent, Crude, Natural gas, Gold, Silver. By using a limit order, the trader is guaranteed to pay the specified pricebut is not necessarily assured that the order will be filled. This variety allows traders to diversify their portfolios and trade across different markets.

Ethereum price prediction: Third party data round up

As this innovative ecosystem expands, Ethereum’s value could potentially rise alongside it. Although it is easy to access information like this, data from top exchanges tells a different story in terms of what is the most popular. Once the price reaches the arrow icon it will be closed and your account will be topped up with you winnings automatically if your prediction was correct. To deposit PrimeXBT supported Crypto held on an external wallet, go to the Main page,. In the ‘Margin’ page, select the appropriate margin account, enter the promo code, and click ‘Activate’. Besides, it protects your password and privacy by hashing them using bcrypt with a cost factor of 12 and encrypting all other sensitive data. However, it’s still unclear whether the platform merits investment. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. The spread is essentially the fee you pay for trading an asset. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. Although windfalls can be made shorting an asset, there are some risks that you should be aware of when it comes to short selling. For more information, please see our Cookie Notice and our Privacy Policy. Subscription required: $4. 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. Activating a bonus on PrimeXBT is a straightforward process that allows you to increase your trading capital or reduce trading fees. So, why engage in trading with them. Bitcoin trading refers to buying and selling Bitcoin in order to make a profit on the transaction. Click Download and confirm the file download if you see a warning. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance.

MarceloDias

Profit from the markets by following the experts. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Unfortunately, the answer was negative. PrimeXBT empowers traders to go long or short with leverage. And Otherside has as good a shot as any to take it to the next level. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Always ensure to use promo codes from trusted sources to avoid any issues. For starters, all web traffic on the Covesting platform is SSL encrypted https. YOU SHALL CHECK YOUR APPLICABLE LAW AND BE FULLY RESPONSIBLE FOR ANY NEGATIVE IMPACT ARISEN FROM YOUR RESIDENCE COUNTRY REGULATIONS. 001 BTC and once a deposit is confirmed made to an internal Crypto account wallet, funds can be moved to margin accounts for immediate trading. With a 100:1 leverage, the required margin would be 1% of your position size, i. Both platforms offer robust features, but their interface designs cater to different user needs. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The platform allows you to deposit any amount that is sufficient to cover the required margin for your intended trades.

Our Services

The interface avoids unnecessary clutter, emphasizing speed and a focused trading experience. I tested both versions and found that they offered a smooth trading experience without any significant compromises. They only have two types of fees, and these are the trade fee and the overnight fee. Closing your position typically happens when a stop loss order gets hit, and the case that your position goes against you, or when your limit order gets hit as your target is reached. These codes can be used to reduce trading fees, receive deposit bonuses, or gain access to special promotions. The only necessary thing is an Internet connection because it can be run from any browser. This section will provide a detailed list of the countries where PrimeXBT operates, highlighting the key markets and regions where the platform is most popular. PrimeXBT Bonus 50 is a special offer provided by the PrimeXBT platform, where users can receive an additional $50 on their trading account after meeting specific deposit conditions. Information regarding past performance is not a reliable indicator of future performance. Dear Dalil,Thank you for sharing your trading experience. I believe that blockchain technology can build a brighter future and am excited to be part of it. However, longer term traders do tend to have more to worry about, as the interest rates pile up over time. Does this interface fulfill its promises in terms of aesthetics, user experience, and technical resources. Its almost 2 months of this wiggling around in the 65 71 range. Typically replies within 1 month. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Usually ID, passport, a bank statement and a utility bill. Through these third parties, customers can buy BTC, ETH, USDT and USDC. Weekly recap US stocks were mixed during the holiday shortened week, and gains on Friday helped indices finish off the worst. These include of derivatives that are novel, decentralized lending and borrowing, and liquidity mining. The platform is known for its user friendly interface, advanced trading tools, and high performance execution. On the Internet, we have not found any feedback from clients who faced hacking of the platform and loss of their funds. However, volatility can also lead to sharp declines.

Open free account

The approach is suitable for those with a higher risk appetite since in this case tha platform is using the whole available margin to maintain the positions. I tested both versions and found that they offered a smooth trading experience without any significant compromises. 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. It is easy to top up/fund, with a friendly milieu as I follow experienced traders to copy positions. Make use of Primexbt deals to achieve significant savings on every purchase you make. PrimeXBT offers margin trading of 7 cryptocurrencies, 51 forex pairs, 11 indexes, and 3 energy assets. Additionally, the account type is pretty flexible in terms of its maximum leverage. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. This may sound complicated at first, but by the end of the article, margin trading will be crystal clear to you. One major thing to watch is the token unlock event set for mid December. Daily from 12 to 14 hours UTC. Thank you for choosing PrimeXBT. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. Credit card option also aviable with no fees , many people can enjoy deposits here. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. Past performance is no guarantee of future results and FOREXLIVE™ specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. So, how does the security for PrimeXBT compare to Bybit security. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. We appreciate your appreciation and are here to support your trading journey. 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. US users who wish to transact with more functionality without KYC may opt to use competitors like ByBit, thereby gaining access to a much wider selection of trading instruments such as margin and futures as well. Traders can visualise trends, spot support/resistance zones, and identify patterns faster to find more opportunities. PrimeXBT integrates TradingView charts, which is a nice feature. No purview into the Web3 world is complete without a non custodial wallet. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. You cannot trade primeXBT when you are in the US. Changelly is one of the most user friendly platforms for buying and swapping cryptocurrencies without requiring full KYC verification. There are also a plethora of technical studies and indicators that can be used. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. If your wallet address is linked to you via another means, then there’s no anonymity.

Collect Your Rewards

2024 00343, having its registered office address at PKF Corporate Services Ltd. Compounding the uncertainty, recent legal actions by the SEC against Binance and Coinbase, categorising several well known Cryptocurrencies as securities, inject additional volatility. Users can earn up to 14% on their crypto deposits for Ethereum, USDT and USDC. Market volatility, trade volume, and system availability may delay account access and trade executions. Get $100 Bonus on 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. On the downside, PrimeXBT lacks some essential services and features, such as swap free accounts and automated trading via Expert Advisors EAs. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. Additionally, users can deposit and withdraw US dollars. Diversification beyond just Crypto protects you from market specific downturns. Finally you can compare all the Best Affiliate Programs and TOP Affiliate Networksin one place. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. FTX bankruptcy Chapter 11 9:14 PM. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. However, nothing is certain in the Cryptocurrency space. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. These services are governed by the legal terms and conditions of PXBT. However, the broker’s instruments offering is rather limited, and PrimeXBT does not offer any alternative to its proprietary trading platform.