🌟 Why Choose PrimeXBT?

PrimeXBT has most of the standard order types as well as some protection orders. PrimeXBT offers trading in crypto, commodities, Forex, and indices through CFDs. It is designed to appeal to both high frequency traders and those making occasional trades. If you ever need assistance or more information, feel free to contact us at. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. PrimeXBT keeps funds safe with cold storage, 2FA, encryption, DDoS protection, and regular security checks. If you forget your password, use the “Forgot Password” link on the login page to reset it. However, the accuracy of this claim is up for debate. Once you’re happy with your trade you can click “Place Buy Order” to place it. 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. However, this doesn’t mean that an API is not under development or may be released in the future. BySylvia DurusonJuly 12, 2024, 8:29 am. This site does https://primexbt-investment.com/einzahlungsmethoden/ not make any financial promotions, and all content is strictly informational. So instead of seeking confirmation before opening or closing a position, one click trading simplifies the workflow.

PrimeXBT Review 2024: Simple One Size Fits All Trading

Withdrawal Crypto only. Bitcoin deposits are the primary way to deposit funds into a PrimeXBT wallet, but they are limited to a few coins: Bitcoin BTC, Ethereum ETH, Tether USDT, USD Coin USDC, and Covesting COV. 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 more challenging to calculate the initial margin requirements without predicting the market, this isn’t as important if your open position has high leverage applied to it and is extremely sensitive to market movements. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. What is more, with PrimeXBT, you can speculate in this price movement with a high level of leverage that is up to 100x for crypto trading and 500x for forex related products. With a PrimeXBT CFD trading account, you have access to over 100 global markets, and some of the best trading conditions around. In conclusion, PrimeXBT stands out as a powerful and versatile trading platform for traders of all levels 🌐. Prime Technology Ltd is PrimeXBT’s Technology Provider. The writer of this article is a user of the products or services mentioned in this article and was not influenced by the respective owners. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Users can email their queries to or chat with company representative online. KYC is becoming more and more common for many of our favourite exchanges, so it is nice to have this option for traders who appreciate privacy. All fields are required. It has a top rated mobile app and a customizable web interface for all traders. Withdrawals come with a small fee of 0. Whether you’re new or seasoned, it’s a solid choice. Buying on margin involves the borrowing of money from your broker to put a bigger position on. While most Bitcoin traders forex are day traders, some of them prefer to buy and hold Bitcoin without much intervention in the trades. Our data on Primexbt Trading Services Llc was. In 2019, the broker’s operating subsidiary, PrimeXBT Trading Services LLC, was incorporated in St Vincent and the Grenadines.

Top things we love, annoying things about exchange

📈 PrimeXBT’s Crypto Futures platform offers up to 200x leverage for trading various crypto assets. This means you can start with amounts that feel comfortable to you, keeping in mind the need to cover transaction fees and the margin requirements of your trades. Traders can even customize colors, grids, spacing, and lines on the platform. Lastly, you can’t rearrange or resize modules on the desktop platform. Other countries have regulatory agencies as well and protect individuals as well. However, there’s a demo version for new users who are unsure about using the exchange. No, PrimeXBT does not currently offer any services to residents of the United States. Another fast paced trading activity is its one click and double click trading features found in its margin trading account. 99% fee, not PrimeXBT. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. You can activate multiple promo types, but for trade fee or overnight financing fee discounts, only the highest discount will apply. Here is a look at the margin requirements for the 11 supported indices. PrimeXBT delivered a seamless trading experience. Elevate your trading with PrimeXBT’s margin trading accounts, offering key features that set it apart. This is why it is crucial to have as much negative balance protection as possible. Reviewed by Alexander Goodenough. Borrowers have two options for loans on OKX, known as Flexible and Fixed loans. However, the lack of regulation should be considered as a potential risk. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. You want them to trigger. Litecoin’s price has fluctuated dramatically over the years. They conduct thorough market research such as technical analysis, identify favourable technical indicators, and choose a suitable leverage ratio based on their risk tolerance.

How legit is PrimeXBT?

Levels to watch: The rebound on the support has formed a channel up similar to another two occasions. It differentiates between maker and taker fees to promote market liquidity, with precise rates for various assets. This is a very simplified example, but it gives the proper idea. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Additionally, with major projects like Polygon 2. The ability to sign up without KYC or ID verification appeals to those who value privacy. The site also has tips for making quick trading decisions an interactive table with buy and sell prices, daily price changes and the prevailing trend. That’s why traders who own a large amount of Bitcoin usually store them on cold wallets and keep only a small portion of their coins on hot wallets for daily trading. PrimeXBT provides its own bespoke, browser based trading platform that requires no download or installation. PrimeXBT offers British users a variety of convenient payment methods including major credit cards, bank transfers, and several popular e wallets. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No.

Futures vs Futures Contract

The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. To sign up, simply enter your email and select a password. Newcomer sets a new benchmark and. This in turn should dramatically increases utility and demand for the ADA coin for use in these financial applications. Here is a look at the margin requirements for the 11 supported indices. For a complete list of restricted regions, refer to Section 1. PrimeXBT offers some of the lowest fees in the crypto trading market. Virgin Islands, Northern Mariana Islands. Effective risk management is crucial for long term success in Forex trading. The platform supports various tradable assets, including cryptocurrencies, forex, commodities, and indices. Visit our Help Centre. Currently trading just above $20,500, it seems. 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. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Best regards,The PrimeXBT Team. Yes, you can make a significant amount of money from margin trading. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The advantage of a CFD is that it frees up a lot of the complications of taking delivery of an asset, in this case, a certain amount of currency, and therefore the trader can focus solely on the direction of the market. Forex pairs can be categorized into four different types. Com ReviewRoboforex ReviewIC Markets ReviewForex. You must also know which asset you are interested in trading, in this case, most likely Cryptocurrencies. Traders heavily rely on various indicators to recognise and predict particular market movements to plan out their trades. A trading fee is incurred any time a position is opened or closed as a percentage of the transaction amount as shown below. Notably, there are no trust scores from CoinMarketCap and CoinGecko. Depositing is easy and friendly. A clear indicator towards the legitimacy of an online broker would be the regulations that they abide by alongside the insurance that is placed on your funds. Allowing traders to code their own bots and trading algorithms on the platform could add to the platform’s success.

Can US Citizens use PrimeXBT?

But while Binance is the industry leader and is a suitable choice for many budding traders, it also has a few disadvantages. There is no minimum deposit to open a PrimeXBT account. Make sure to review our special guide about Promo codes. While PrimeXBT is not regulated or licensed, it has a positive reputation and a long history of satisfied traders. The 7 Best CBN Regulated Forex Brokers in Nigeria – Rated and Reviewed. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. At PrimeXBT, we aim to provide options that cater to every trader’s needs, whether through crypto networks or traditional payment methods. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. PrimeXBT offers the following fee structure. Open the downloaded file and tap Install to complete the installation. As a trader, you should ideally opt for a long position when you are bullish on an asset. It is easy to use and a great option for traders starting out. 1%, while indices and commodities can reach 1:100. In a bear stock market, investors sentiments might change, and the crypto market is no different. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Today, the asset is maturing and finding new use cases, such as a safe haven asset and a contactless payment technology. The platform’s intuitive interface ensures that even beginners can navigate the complexities of options trading with ease. In just the last few months, exchanges that formerly required no KYC like OKX, Bitget, and KuCoin have all either implemented KYC procedures, or withdrawn services from the US due to the harsh regulatory environment for crypto exchanges. As a trader that is a huge difference on managing your risk. 23, while the closest long term horizontal support is $0. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. Turbo trading is all about fast decisions, fast profits, and sadly sometimes fast losses as well. Cryptocurrencies include Bitcoin, Litecoin, Ethereum, Tether, and others. Continuing our mission to offer the best possible trading experience to our clients, we are very happy to announce that. Volatility creates an opportunity to make profits, but it also increases the possibility of loss. Just look at its terminal, great interface and design tho. Cryptocurrency exchanges make money by charging a fee on every trade that is made on their platform “trade fee”. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Before you start using leverage in your trading, there are a few tips that you may want to take to heart before risking any of your hard earned capital. It is followed by Ethereum, which is labelled the largest altcoin.

PrimeXBT Futures Trading Fee Structure

3 billion fine for failing to comply with AML regulations. The platform is designed to handle high trading volumes and maintain seamless operation even during peak market activity. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The world’s largest cryptocurrency, Bitcoin instigated the emergence of a vast industry, giving rise to countless alternative coins inspired by its design. The platform was established in 2018 and has since grown rapidly, becoming a preferred choice for traders worldwide. Each bonus has its own minimum deposit requirements. Our human support team is here to help 24/7, in your language. An alternative way of trading Bitcoin is to buy and sell the coin through an exchange. In fact, there is an argument that Leverage can actually reduce risk in a certain viewpoint. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. However, some training opportunities are available here. It must be entered into a special box on the site. This transparency allows users to make informed trading decisions, about which traders to follow. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. 💹 What a fantastic finish at ForexExpoDubaiThanks to everyone who stopped by. You have decided how to trade Bitcoin, developed a detailed trading plan, done your analysis, and identified high probability technical levels on the chart for your orders. Some experts believe XRP’s capabilities could put it at the same level of adoption and industry respect as the gold standard of crypto, bitcoin, and the number one alt coin, ethereum. However, this goes even higher to a maximum leverage of 200x for BTC and ETH margin trades which is higher than Binance , Bybit, and Phemex based on our reviews. Forex markets have a few basic trading strategies that you should be aware of. But how easy is it for a newcomer to navigate this platform. Here are some key strengths and innovations associated with Chainlink. On PrimeXBT we additionally offer our clients from Thailand, Vietnam and Brazil Money deposits via Local Payment systems. Among the disadvantages, we would like to point out that the withdrawal of funds is not round the clock, there is a small selection of cryptocurrencies in which you can deposit and withdraw, as well as the fact that the Personal Cabinet and a number of training materials are available only in English. This prevents unauthorized transfers even if someone gains access to your account.

Join Our Newsletter

The platform has a great payment process👏🏻. What is the performance of these tools in practical trading scenarios. Now you know all about crypto futures you can go ahead and begin trading them—being cautious of the amount of leverage you use at the same time. Another advantage of leveraged trading, in general, is that it allows traders to short an asset. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. How much you’re going to add to your trades is up to you and your trading plan. The products and services featured within PrimeXBT web and mobile apps are provided by different entities, registered and/or regulated in various jurisdictions. Our website uses cookies. Beyond the referral program, you can potentially earn without investing directly by participating in affiliate programs or by engaging in no deposit bonus promotions if available. Other cryptocurrencies might differ slightly in processing times.

Unlocked: Crypto Handbook!

If you are looking for a leveraged cryptocurrency exchange with relatively advanced technology, transparent and low fees, and strong security procedures then it should be considered. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. Short selling, on the other hand, allows you to profit from falling prices in the market. Despite operating in a highly competitive and rapidly evolving industry, PrimeXBT has managed to establish itself as a reliable and innovative trading platform, attracting a global user base. If activating multiple promo types, it is also important to note that: – only 1 Reward promo type may be active at a time – multiple active Trade Fee discount promo types are NOT additive; only the highest active trade fee discount will be in effect at any given time If attempting to activate 2 campaigns of the same type, a notification window will pop up. Trade 100+ markets like EUR/USD and SP500. XRP was created by Ripple as far back as 2012 with a pre mined max supply of 100 billion tokens. Some of the notable ones include. The rapid proliferation of new technologies, products, and related services has spurred incredible innovation and inclusion in the world of finance, but it has also created new avenues for criminals and terrorists to launder their proceeds or fund illicit financial activities. Best regards,The PrimeXBT Team. Here’s what it looks like in my Personal Profile. Shiba Inu is a purely speculative investment; you should not put a ton of your money into it. PrimeXBT — where innovation meets accessibility for traders worldwide. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No.

Referral ID

In comparing Binance and PrimeXBT, several factors stand out. PrimeXBT is a fast rising crypto trading platform with a presence in over 150 countries. Customer service is none existence and takes 3 weeks to get back to you and that’s with constant chasing. The code is valid only for 15 minutes from the moment of its sending, if you do not have time to use it, you will have to register again. Binance requires full KYC now to trade even spot products, and PrimeXBT has the advantage here of not requiring KYC for trading at all. The essence of the tournaments is approximately the same: for the allotted time, participants need to show their skills and skills in cryptocurrency trading in order to increase the contest deposit. Copy trading is also great for the “armchair” trader and anyone who is just looking to make some passive income. To get started, just click on ‘Contests’ from the main menu. Deposits on PrimeXBT are also free, while withdrawals start from $0. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. Futures and Options are very similar. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Zengo, being a non custodial wallet, provides you with total control over your assets. Visit our Help Centre. We did not find any unusual red flags that would indicate any concerns.

Risk likelihood

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. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Here are some frequently asked questions about the comparison between PrimeXBT and BitMEX, providing additional insights to help users make informed decisions. Follow the same steps to trade Forex, Commodities, or Indices. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Hedera Hashgraph HBAR. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. With advanced trading tools and a user friendly interface, PrimeXBT is a popular choice for both novice and experienced traders seeking to profit from the highly volatile crypto markets. Double check all details and click “Submit to Withdraw”. Visit our Help Centre. The lack of portfolios to browse and copy is a con in itself. Receive the latest news and stay informed. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No.