A Better WayTo Trade
PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. PrimeXBT has most of the standard order types as well as some protection orders. Read our latest and most popular featured articles. PrimeXBT Trading Services, S. Deposits in BTC only. PrimeXBT places a strong emphasis on providing excellent customer service to ensure a smooth and satisfying user experience. In PrimeXBT, traders have access to contracts for the price difference of various market assets including popular cryptocurrencies. These products are not suitable for all investors. Trading financial instruments, including cryptocurrencies and CFDs, involves a high level of risk and may not be suitable for all investors. PrimeXBT is a reliable platform with competitive fees, advanced features, and a strong security record. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. PrimeXBT does not charge for deposit or wallet creation. Make sure to check our list of the top exchanges for leverage trading Bitcoin. During testing, I received fast responses with a reasonable level of detail. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Com is provided solely for informational and educational purposes. Bybit utilizes the same Maker/Taker fee model PrimeXBT App as most crypto exchanges and is towards the low fee end of the spectrum. Whether you’re drawn to the potential for capital growth, dividend income, or voting privileges, stock trading offers a dynamic avenue for investors to engage with the market. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The platform’s unique features, such as the Covesting module, set it apart from other brokers and offer traders unique opportunities to diversify their trading strategies. Active users across the world.
PrimeXBT Review 2025
PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives futures and CFDs. Prime Technology Ltd is PrimeXBT’s Technology Provider. It works by connecting your trading account to a platform that allows for mirror trading. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Find out how we combat fake reviews. The platform’s primary location, regulatory environment, and the way it manages its global operations play a significant role in its credibility and trustworthiness. But, the platform focuses on major assets, ensuring trading is liquid and stable. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. Shiba Inu today is beyond just trading, which makes it an attractive option for both short term traders and long term holders. To calculate the cost of such a full sized trade, I used this formula: Spread x pip value+commission. The DAO hack revealed to the Ethereum team, and to the public, what major issues required immediate attention to secure the blockchain’s future. You can receive payouts of up to 50% of trading fees commissions paid by your referrals. These are the 2 primary types of fees you will encounter. 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. I determined that PrimeXBT is reasonably safe to trade with due to the following factors. I also tested the fiat withdrawal process, using Volet. Information regarding past performance is not a reliable indicator of future performance. Share your experiences with other software buyers. 🇺🇸 Not accessible in the US and Canada 🚫 Not regulated ❌ No spot trading option. Some products and/or services might not be covered by the Compensation Fund. We’re hiring a new Business Development Manager in Mexico. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. There are many trading strategies to choose from for trading Bitcoin. Let’s get right into it. Select the ‘Deposit Crypto’ option. Once it is decided how much Bitcoin to purchase, click Buy.
PrimeXBT or Bybit: Conclusion
Let’s say you’re trading with a $5,000 account and with a 100:1 leverage ratio. PrimeXBT operates in a wide range of global markets, offering its services to users in more than 150 countries around the world. For example, the proposed fiscal year 2025 budget includes a Crypto mining excise tax and measures to close the Crypto wash sale loophole. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. PrimeXBT offers various bonuses and promotions designed to enhance your trading experience, whether through additional trading capital, fee reductions, or deposit rewards. The EUR/USD pair is a popular currency pair to trade in the. 2022 has been brutal on most crypto markets, but 2023 brought some optimism back to markets. It is imperative that you understand the risks involved and understand that there is a reward for those who use it properly. This will allow the trader to define specific levels for entries and exits. After entering the code, select your country of residence from the drop down list. The PrimeXBT support team can be reached by email at. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. Com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. But, the transparency of this process raises questions. In march 2024, Tesla CEO and Dogecoin enthusiast Elon Musk also hinted at the possibility of Dogecoin becoming an accepted payment method for the electric car manufacturing company. Use the Crypto you buy to purchase goods or services at participating outlets. These include ‘Hard Forks’, when a chain splits off into new forks e. And finally, the 5 supported commodities. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. They also vary depending on the asset being traded and the leverage used. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. Traders can also trade Commodities and Indices via Contracts for Difference CFDs. Below is an example of how leverage will work on the PrimeXBT platform. They’ve realized that lower fees mean happier customers and more trading volume on their platform. Users can view a detailed breakdown of fees associated with using the platform. If you need any support or wish to share more about your trading experiences, please don’t hesitate to reach out at. The lack of regulations or the general confusion on how to regulate Bitcoin increases the risk of an investor who invests in a product that has not been otherwise approved. Date of experience: December 27, 2024. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. There are no fees for account deposits.
Download PrimeXBT App
The volatile nature of the Cryptocurrency market often makes it highly unpredictable. These services are governed by the legal terms and conditions of PXBT. Customer support is available 24/7 through live chat and email. Go to Settings > Security and enable Install from Unknown Sources if prompted. Cryptocurrency CFD trading platform for global users. An example of this model is Tradelize, a new social trading platform. Traders must consider these expenses when planning their trades to ensure profitability. Forexlive has no control of the contents of this page, nor is responsible for its accuracy or legality and hereby waives any responsibility for this content. PrimeXBT’s flagship trading station features advanced charting capabilities powered by the seamless TradingView, which helps day traders assess the prevailing market sentiment easily. If you have specific tools or features in mind, please let us know at. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. This allows you as the copy trader to thoroughly scrutinize their track records before investing your capital. The integration of limits on its swapping service is restrictive and foreign amongst peer exchanges like Binance. Yes Bitget offers fiat on and offramp services via third party integrations. It allows a mine to token gold backing format that ensures the existence of tokens on the digital web. Unfortunately, as of late 2023, MEXC isn’t available for US residents. That is not entirely true. Scegli PrimeXBT per un’esperienza di pagamento versatile e facile da usare. There’s nothing that I dislike yet, will review after some time but so far so good. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. The effort of sifting through and finding the right one can be a daunting task. Bitcoin’s price movement can carry either gains or losses for an investor. Buy Sasol SharesBuy MTN SharesBuy Vodacom SharesBuy Capitec SharesBuy Shoprite SharesBuy Naspers SharesBuy Phuthuma Nathi SharesBuy Steinhoff SharesBuy Woolworths SharesBuy Old Mutual SharesBuy Anglo American SharesBuy Sibanye Stillwater SharesBuy Telkom SharesBuy Purple Group SharesBuy Sanlam SharesBuy Thungela Resources SharesBuy Prosus SharesBuy Kumba Share. PrimeXBT provides traders with an interesting alternative to the status quo with crypto margin trading. Liquidity risk is the risk that you or your followed traders are unable to close a trade at a certain price, within a reasonable amount of time.
How secure is PrimeXBT?
For instance, closing positions before the end of the trading day can avoid these fees altogether. ℹ️ What are Majors vs. The trade fees are as follows. PrimeXBT provides traders with a liberating element of flexibility and oversight, no longer stuck at their computer if they wish to attend to other important aspects of life — made possible by the mobile trading app. Since we are familiar with the law governing online transactions, we are continuously looking for a solution to your issue. Below are the discounts that you can earn based on the 30 day rolling trading volume. In short selling, if the market rises, it is the short seller who loses. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. $20,000 or equivalent for unverified users. Coinbase so that you can decide which one best fits your needs. If it’s still not found, verify that the registered email address is correct and contact PrimeXBT support for further assistance. Not the marine mammal, but crypto whales – i. The amount of the overnight financing fee depends on the asset being traded and the size of the position. 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. However, it will be held as collateral by the exchange or the broker lending the Bitcoin to you. PrimeXBT started in 2018 in Seychelles and quickly became a key player in cryptocurrency trading.
Deposit and withdrawal methods and terms
I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. The ‘Messages’ widget contains all system messages with a detailed explanation of why an order was rejected. Here is a look at how simple it is to be a trader or follower on Bybits copy trading platform. This site contains affiliate links to products/services. Remember, with increased potential returns comes an increased level of risk. Overall, I rank PrimeXBT in the middle of the pack. Unlike most exchanges today, KYC verification is optional on PrimeXBT. This is active and manned 24/7. Traders have more than 100 different instruments to choose from and build a highly diverse trading portfolio. Unlimited for verified users. Join the Questrade Affiliate Program and earn $70 for every referred customer in the finance and insurance industry. You can easily find PrimeXBT promo codes through several channels. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. This bonus is added directly to your trading account and enhances your trading capital. FTX Hacker Converts 50k Stolen ETH to BTC. As a result, I found that PrimeXBT’s educational content lacks coherence, structure, and objectivity. His work enhances the platform’s educational content, aiding traders in their decision making process. Further, there is also specific punishment for breaking the rules.
Post Registration Deposit
The content is written in an easy to understand language without intentionally misleading language. Second, when it comes to trading technology, they do not offer API functionality. However, depositing or withdrawing fiat currency will require KYC identity verification. PrimeXBT offers a transparent fee structure that is competitive within the trading industry. Between these two, if you aren’t interested in trading multiple asset classes on one platform, then Bybit is head and shoulders above PrimeXBT. CFDs track the price of the underlying asset, in this case, Bitcoin, and traders can profit from the differences in buying and selling prices, just like they would if they had bought a Bitcoin on an exchange. Before getting started, make sure that your Zengo wallet has been set up. 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. 0 rollout goes smoothly and is done quickly. Returns may be subject to tax. Prices are indeed realy low here, from 0. I don’t need you to hold my wallet, Big Brother. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. PrimeXBT stands out as an all encompassing trading solution, offering a wide range of assets, including Cryptocurrencies, Commodities, Forex, and Indices. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken. Price Spread or Bid Ask spread is the difference between the Bid and the Ask price of an asset. We have unparalleled spread trading and CFD trading expertise and 1000’s of markets are waiting for you – so we help you trade your way. Go to Settings > Security and enable Install from Unknown Sources if prompted. At the time of writing, customers can only withdraw cryptocurrencies; there is no fiat off ramp available for fiat to bank withdrawals. 25 with the average being $4. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. Readers should do their own research. If crypto copy trading is something you are interested in, Gate. I found the KYC process to be straightforward, with my account being verified instantly. Copy trading, by its nature, is a feature that allows inexperienced traders to mimic the strategies of successful ones. Hello Luis,Thank you for your feedback.
FrancoPereira
=OI needed to figure out more details about trading with cross and isolated margin to understand what suits best my trading strategy and they have cleared out everything to me. Returns may be subject to tax. It serves clients in over 150 countries and has over 100 trading assets available. Prime Technology Ltd is PrimeXBT’s Technology Provider. It’s advisable to enable Two Factor Authentication 2FA for added security. You must be logged in to post a comment. The world’s longest running cryptocurrency exchange since 2011 com. Here’s a quick breakdown of the standard withdrawal fees for common cryptocurrencies. The most basic forms of technical analysis will try to determine support and resistance, or where markets attract buyers and sellers. Click Download and confirm the file download if you see a warning. 1:Unlimited subject to conditions. March was yet another strong month for Cryptocurrencies, especially Bitcoin, meme coins like Dogecoin and Shibu Inu, and altcoins from. This transparency helps you choose a trader you’re confident in copying. Founded a few years ago by an expert trader, RWS offers six channels in total, including one that offers free Crypto signals, the others being premium VIP channels. Withdrawal Crypto only. These services are governed by the legal terms and conditions of PXBT. There are 2 options to fund your account. The Cardano team has three core functions – to set standards and best practices for the Cryptocurrency space, drive adoption for Cardano through commercial partnerships, and shape legislation and regulatory standards. Also, its «turbo» trading option allows you to make short term price predictions. Go to Settings > Security and enable Install from Unknown Sources if prompted. These products are not suitable for all investors. Before you can successfully place your first Bitcoin trade on the PrimeXBT trading platform, you need to understand some important concepts and trading terms. Always ensure you are the sole custodian of your private keys, as relying on an exchange to hold your assets increases your exposure to risk.
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Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. As mentioned above, LINK’s market cap is an impressive 8 Billion U. PrimeXBT Trading Services, S. The PrimeXBT mobile app allow you to trade the crypto markets on the go. The content is written in an easy to understand language without intentionally misleading language. The responses were fairly detailed but lacked accuracy in addressing all queries. The platform adheres to industry regulations and best practices to ensure a secure trading environment. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Since founding NEP in 2008, Mr. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. None of the exchanges listed above like CoinEx, dYdX, and ByBit will ask for your social security number. In other words, the market needs to move one tick higher to drag the stop loss one tick higher. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. Regularly review your trading performance and analyze. Prime Technology Ltd is PrimeXBT’s Technology Provider. Your suggestion is invaluable, and we’ll certainly consider it as we plan future updates. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. The main of the era was the ability to buy and sell ADA and saw the delivery of the Daedalus wallet, the official IOHK wallet. Currently, we do not offer a no deposit bonus. We’ll dive deeper into the additional tools and resources that PrimeXBT offers to make your trading life easier. ” The same applies to withdrawal fees, where PrimeXBT notes that fees are currency dependent and fixed. PrimeXBT does not charge a handling fee for deposits; however, third party processing fees may apply, depending on the chosen payment method. While margin trading carries inherent risks, there are steps you can take to mitigate them. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. Why Funding Rates at all. A pump and dump is a scheme that new Crypto traders must avoid at all costs. ” As massive amounts of data and records are not stored in the blockchain yet, Chainlink should have plenty of use case scenarios as the on blockchain, and off blockchain worlds interact.
BYDFI
Unlike Bybit, which leverages Tradingview, PrimeXBT developed their own trading technology and interface that is robust and has plenty of features, with over 50 tools and indicators available for traders to access. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. Using charting software, such as the built in charting tools on PrimeXBT to draw trend lines and chart patterns can give traders a competitive edge, and make planning positions much easier and more effective and efficient. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Our clients love how fast and simple our sign up is. If you have any questions about our asset offerings or need assistance with any features on the platform, please don’t hesitate to reach out at. PrimeXBT has published over 350 educational articles on its website, which are free to access. This emphasis on security provides users with peace of mind, knowing their investments are in a safe and secure trading environment. PrimeXBT Trading Services, S. This indicates the desire to keep evolving Bitcoin and cryptocurrency in general, but BCH’s reason for forking was mainly due to the 1MB block size limitation for bitcoin. KHAIRUNAIM HASSAN Says. These services are governed by the legal terms and conditions of PXBT. Covesting offers a high level of transparency, where traders are rated based on performance metrics such as profit/loss, active days, and followers’ equity, making it easier for users to choose successful strategies to follow. One thing that hasn’t changed since the article was published, however, is an observation from Roman Guelfi Gibbs of Pinnacle Brilliance Systems Inc. However, it’s essential to remember that all investments carry risks, and past performance is not indicative of future results. PrimeXBT is no exception. More flexibility, security, and scalability are made possible by this division of responsibilities. Traders use this order type when they have an urgent execution. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. If a user asks for someone to provide a referral link, this does not warrant posting a referral link.
Communication security with PrimeXBT
The fees vary depending on the payment method and the type of transaction. You should be able to register for any exchange without a KYC verification process without providing personal details like your SSN. Can trade currency/metal CFDs there too, but I don’t do that. Best regards,The PrimeXBT Team. Dear Teboho,Thank you for your feedback. The trusted provider of rates and financial information. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. PrimeXBT was founded in 2018 with the goal of providing traders with easy and immediate access to a wide range of global markets from a single platform as well as all the education and tools they need to succeed, regardless of their financial experience. Because Public’s app came first and the web platform after, they are identical in almost every way. Go to the pool of traders and choose one or more traders whose strategies suit your needs3. Unlimited via Perfect Money. PrimeXBT has traders from over 150 different countries. Once payment methods are validated, the next step in the PrimeXBT payment verification process involves a thorough review of each transaction. A detailed table of all trading fees for Global Markets, Crypto Futures and Copy Trading products is regularly updated and provided on the PrimeXBT website. The interface avoids unnecessary clutter, emphasizing speed and a focused trading experience. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Scan this code to download app. Chainlink allows Oracle services on Ethereum, Bitcoin, and other blockchains. You can easily find PrimeXBT bonus codes across various social media platforms, including Twitter, Facebook, and specialized trading communities. We’re thrilled to hear that we stand out as a top notch crypto exchange compared to others you’ve used. Most Forex trading is done between major institutions and central banks. Whether I’m watching movies, browsing the web, or editing photos, the display never fails to impress. Seek independent advice if you have questions or do not fully understand the risks. Scan this code to download app.
