Customer Support and Resources

Leverage is expressed as a ratio, like 5x or 10x. As a result, you choose to short, or sell, the US 30. In my experience, PrimeXBT‘s desktop platform delivered a smooth and reliable trading experience. $20,000 or equivalent for unverified users. The order form also displays recent trades and order book data. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. The most important example of late is the Bitcoin ETF, which was finally accepted for issue on a global exchange. Tip 2: Favour traders who manage risk well. 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. High leverage: With up to 200:1 leverage available, PrimeXBT allows traders to maximise their exposure with minimal capital. Dear LucasThank you for the positive feedback. Let’s walk you through detailed step by step instructions on how to make a deposit on PrimeXBT. If you provide a strategy for copying. Date of experience: July 30, 2024. Some crypto futures platforms also offer automated bots and copy trading tools. These factors make PrimeXBT an attractive option from a cost benefit perspective. Scan this code to download app. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. The chart, from early 2018, was able to call for the eventual bearish breakdown of Bitcoin, to as low as $3,000 before it rebounded.

13 Best No KYC Crypto Exchanges in 2024 Buy Crypto No KYC

Reach a minimum volume of $30,000,000 by trading CFD or Crypto Futures and get $1,000 on your trading account. Ethereum investing can be wise if you are careful with how much you invest and employ strict risk management strategies, including stop losses and money management. Copy and social trading have become massively popular and is a feature that is supported by many popular trading platforms like eToro and Avatrade. They serve as a testament to the platform’s dedication, not just to providing a wide range of trading tools, but also to ensuring its users are shielded from the harshest repercussions of extreme market volatility. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Followers can choose from 100+ strategy providers through a user friendly platform, whilst providers can boost their earnings through the rebate scheme. Our website uses cookies. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. Looking for a straightforward PrimeXBT review that tells you if it’s a worthwhile platform for trading in 2024. Below are some of the most common reasons someone might want to use a limit order. There are tiers to this profit sharing though, based on your membership status. That’s why we offer some of the lowest fees on the market. Buying on margin involves the borrowing of money from your broker to put a bigger position on. Currently, we do not offer a no deposit bonus. Our human moderators verify that reviewers are real people and that reviews are authentic. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. You can choose the traders to follow based on their total profit, today’s profit, active days, followers, performance, followers’ equity, or rating. To take advantage of and claim the Welcome Bonus offer. For instance, if you want a BTC futures contract using isolated margin, then it is capped at x100.

Customer Support

We will cover essential strategies, risk management techniques, and best practices to help both beginners and experienced traders maximize their profits on PrimeXBT. The order simply states, “I want to buy x amount of AA, and I will not pay more than $20. Now, let’s move on to how to use all the services PrimeXBT trading offers for crypto friendly traders. Deposit $300+ and start trading within 48 hours after registering. Open the downloaded file and tap Install to complete the installation. Once you have funds available in the trading account, you can click on “Trade” from the top navigation bar. The Ethereum market is very similar to others, meaning that there are cycles in which the market will enter and exit. For a complete list of restricted regions, refer to Section 1. This follows the successful launch of Bitcoin ETFs,.

FAQs

Profit from the markets by following the experts. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. Despite initially gaining around 80% profit on a long term position, my experience turned negative upon closing. Crypto futures are just another asset class in which futures contracts and trading are now offered. Returns or profits may be subject to capital gains tax. They also use Cloudflare’s technology to mitigate the risks of DDoS attacks. Leverage is a powerful tool for professional traders but can cause significant losses if used recklessly. We make sure that our reviews are up to date, research oriented, and not at all influenced by financial relationships so that those interested in the burgeoning, exciting, and complex space of cryptocurrency can have the best experience. Traders managing their own funds often receive additional capital from investors and earn a percentage of the resulting profits. Refer a friend Bonus Program. For example, the minimum deposit for Bitcoin could be 0. Any withdrawal requested after 12:00 UTC will be processed the next day. No, you don’t need to complete KYC to use the PrimeXBT platform, and non verified accounts can withdraw up to $20,000 in cryptocurrencies in a 24 hour period. Some exchanges that don’t require KYC verification may collaborate with third party payment processors such as CashApp, PayPal, or prepaid debit cards to enable fiat deposits indirectly. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Any XLM prediction at this point needs to be accompanied by the outlook for Bitcoin and Ethereum as well. You can make deposits and withdrawals within the app as well. Getting started with PrimeXBT is a straightforward process. Date of experience: September 08, 2024.

Frequently Asked Questions

📱 Dive into PrimeXBT’s trading app for access to 100+ markets with trades starting from just $5. In short, as little as possible. ✅Follow the instructions on screen to fund your PrimeXBT account with an e wallet or payment gateway. The minimum deposit amount depends on the cryptocurrency selected. Withdrawals are generally processed by the broker once each day between midday and 2pm GMT. Unfortunately, PrimeXBT is not a regulated broker. Although they have the same commission for your direct referral, BitMEX does not offer tiered referral payouts. One uppance is sweetest when you can publicly declare your smarts amongst the smartest. PrimeXBT’s trading platform boasts an impressive 99. Prime XBT does not charge deposit or withdrawal fees. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. The fiat withdrawal process was straightforward but took a long time. If you didn’t find a specific book, please message us on WhatsApp. Date of experience: September 05, 2024. PrimeXBT offers mobile apps for both iOS and Android, enabling you to trade on the go with the same functionality as the desktop platform. By depositing $500 or more, you can receive a $100 bonus to use within two weeks. If you ever need assistance, feel free to reach out to us at. Capterra lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Date of experience: October 16, 2024. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Efficient trade execution and high liquidity further enhance the cost efficiency of trading on PrimeXBT. Get news about Cryptocurrencies. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. This means big profit potential with less capital. This causes a slight delay in funds being available in the account. We’ll use this review to tell you. “, and “when will dogecoin reach x price. Org is an independent organization where we help users to discover the latest promo codes, referral codes, invite codes for new user sign up bonuses.

Percentage Based Tradable Bonus on PrimeXBT

Global Economic Conditions: Economic events, inflation, and macroeconomic factors can influence cryptocurrency prices. Having a plan in place ahead of time ensures that emotions don’t get in the way and convolute the strategy set in motion by the trader, and result in either loss or less profitable trade. The current market trend in the virtual currency space is bullish again starting in the third quarter of 2020, thanks to renewed interest in the asset class, that has also caused a resurgence of interest in Bitcoin futures trading. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. In total, PrimeXBT offers 41 cryptocurrency leveraged trading pairs with varying requirements, 51 forex pairs with different margin needs, 11 indices, and 5 commodities. Prime XBT Trading Services, S. Our website uses cookies. PrimeXBT is a Bitcoin based margin trading platform. This means that they can make money on a fall in the price of the asset. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No.

Futures Trading fees

To access Charts, go to the Multi Product dropdown menu and select ‘Analysis’. Newcomer sets a new benchmark and. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. There’s more to digital assets than just HODLing, and we’re here to open you up to a world of possibilities. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards. For traders who act quickly on market changes, these features are a big plus. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. The current circulating supply is 35,337,351,900 ADA coins. While it shares similarities with the stop loss order, it introduces a limit price along with the stop price. They enforce the strictest rules to make sure brokers play fair and don’t engage in any shady activities. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. For currency pairs, trading fees are not charged. Here are the key security features of the PrimeXBT platform. By activating these bonuses on your first deposit, you can effectively boost your buying power, allowing you to take on more significant trading opportunities without risking additional capital. Overall, we likely know a bit of a dip at the beginning of the year, only to turn around and show signs of strength again. To address this challenge, follow these steps for a resolution. About usContact usEditorial GuidelinesTerms of UseLegalsData protection policyCookie Policy. Its intuitiveness and simplicity provided a pleasant trading experience.

Top Types

Are there any other companies related to FTX that have not spoken. PrimeXBT’s Economic Calendar is a vital tool for traders who want to stay informed about the latest economic events and announcements that could impact global markets. 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. This allows traders to sign up quickly, make their first deposit, and starttrading, long before a user of any other exchange is able to upload theirpersonal identification cards. For example, typing /help connects you to the support team. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. With an all time profit of 111. All in all, PrimeXBT is an ambitious player in the crypto trading sphere. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Dear HossamThanks for your high score, PrimeXBT appreciates your opinion and feedback. PrimeXBT also offers a 24/7 live customer support chat, a help center, and a company blog filled with helpful information, regular updates, and guides. Benefit from spreads as low as 0. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. You can also sign up using your Apple or Google accounts. To avoid transaction delays, always check the current network status and ensure you set appropriate transaction fees. Mon Coaching Séduction. We cover Bybit’s products in more detail in our Bybit review, but to provide a high level of the most prominent features, here is what Bybit has to offer. In addition to trading fees, PrimeXBT implements overnight financing or swap fees, which apply to positions that are held open overnight. This guide serves as a valuable resource for investors and traders seeking to uncover Ripple’s various price movements and projections in the short and long run.

Related News

🚀 Dive into our detailed exploration to uncover how PrimeXBT works, its award winning features, and why it’s a global favorite for traders of all stripes. This is the default order choice, and the fill time is always instant;. Here’s an exhaustive list of the various types of crypto wallets, their individual advantages and disadvantages, as well as explaining the different ways each wallet system works. The PrimeXBT team has also made bold claims about their copy trading feature. Currently trading just above $20,500, it seems. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. Bonuses are real funds that can be used in trading cryptocurrency instruments in the PrimeXBT platform, but without the possibility of withdrawal from the account. Head to the “withdraw” page and provide your Bitcoin wallet address. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Risks associated with investing in Cardano include market volatility, regulatory ambiguity, technological hurdles, and competition. This means that they are kept in a secure offline environment away from an internet connection and the threat of potential hackers. The platform’s trading fee of 0. PrimeXBT does not accept customers from countries such as: Japan, Canada, Cuba, United States, Israel, New Zealand, Syria, Iran, North Korea, Sudan, American Samoa, Russia, Myanmar, Outer Small Islands of the United States, St. PrimeXBT is thrilled to announce that our community now exceeds 1 million registered users. CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades. Whether you’re a seasoned cryptocurrency investor or a newcomer to the world of digital assets, there comes a time when you’ll want to transfer your cryptocurrency from your PrimeXBT account to a secure, non custodial wallet like Zengo. The platform is simple and slow and It goes out of reach in critical situations, especially for maintenance and has a poor app for iPhone too. Very easy to use as a new trader. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. It comes equipped with a range of technical tools, including over 50 indicators, advanced charting features and tools, and multiple screen support, aiming to cater to various trading strategies. Even if the hacker gets hold of your account password, he is not able to login to the account without getting the Google Authenticator code from your smartphone. Thank you for your feedback and for trading with PrimeXBT. Quantitative data refers to on chain metrics such as total BTC address, number of transactions, hash rate, and more, while qualitative analysis could refer to the belief that the Crypto industry could disrupt precious metals. Although a slightly fantastical scenario due to the Dogecoin price, if a DOGE ETF is approved like Bitcoin, this will bring both renewed interest in the coin and attract institutional traders to the price of the coin. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. Since its inception, PrimeXBT has focused on offering advanced trading solutions with a particular emphasis on high leverage, allowing traders to maximize their potential returns. These services are governed by the legal terms and conditions of PXBT. Optional for higher withdrawals. But how easy is it for a newcomer to navigate this platform.

Importance in the Crypto Space

An ETF, or exchange traded fund, is traded on a typical stock market exchange and is made up of several different stocks. Our deep dive examines PrimeXBT’s security, fees, ease of use, and key trading options, including leverage and copy trading. Date of experience: June 30, 2024. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. If you already have crypto, depositing into a PrimeXBT account is a simple process. Traders benefit from stringent security measures like mandatory address whitelisting, two factor authentication 2FA, and SSL encryption. After filling in the fields, click on the button to confirm registration. Users can withdraw from the wallet trading account by navigating to the Main page of their account and clicking “Withdraw” for the currency they wish to withdraw.

ZamanSaylan

To short on PrimeXBT, log in, choose the market, set parameters for a short position, and execute the trade by selecting “Sell. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Your entries for an uptrend are based on pullbacks to previously broken resistance levels, and you want to risk only 2% of your trading account per any single trade. For example, if a trader has a balance of $10,000, they will want to not risk more than US$500. Many countries may trade on the Exchange, except those that are prohibited or unrecognized jurisdictions. We use dedicated people and clever technology to safeguard our platform. Games load quickly even on cellular data connections. 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. Live trading on PrimeXBT for United Kingdom is an excellent choice for traders looking for quick, efficient trades, advanced analytical tools, and access to a wide variety of financial markets. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. The technology and system behind PrimeXBT are tailored for a high number of trades per second and extreme loads, including large trades as well. PrimeXBT is available worldwide and supports many languages. The cryptocurrency industry is a booming, new financial market surrounding emerging technologies. Federal Reserve raising interest rates in an effort to combat inflation, investors are increasingly exiting emerging markets as they look for more stable investments with the potential for higher returns. Information on the TradersUnion. Trade Crypto Futures Contracts incl. PrimeXBT is a CFD exchange that offers a suite of tradable markets such as crypto, commodities, stocks, indices and more in one convenient place. The amount of the overnight financing fee depends on the asset being traded and the size of the position. Next, you will be required to provide a scan copy of a document confirming your identity. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. Gold is an established and mature market for investable assets. The required margin is different for each trade, so make sure your account is appropriately funded.

Ben Beddow

With a user friendly interface and powerful features like biometric authentication, managing your trades is as easy as using your favorite social media app. 📊 The interface gives a snapshot of your accounts and funds. In total, participants of the copying service can have 4 levels: Standard, Advanced, Premium and Elite. There are tight spreads, low commissions and fees for opening and closing positions and high leverage up to x200 on Bitcoin but there are some lags during high volatility. The withdrawal fees on PrimeXBT are set at 0. The best platform to trade crypto futures, that we’ve found, is PrimeXBT. Once Liquidation has been completed, the margin you used to leverage these trades will be unlocked and available again to open new trades, or withdraw. ” From a technical analyst point of view, Stellar is more likely to be higher in value than it is right now. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. It’s important for users to be aware of this fee when planning withdrawals, as it is deducted from the withdrawn amount. The size of the swap for long and short trading positions depends on the underlying asset. This section will explore various risk management techniques that traders can employ to mitigate potential losses and manage their risk exposure. Once a customer has decided which trader they would like to follow, they will need to make sure the funds they want to copy trade with are in their main wallet, not the trading wallet. But how well does it work in reality. When and where can you use the new Reward Center. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. According to Forbes, it is. Every professional trader has to deal with market risk which can lead to trading losses. PrimeXBT offers different account levels, each providing a range of benefits and features to cater to various trading needs. There is charting, easy order execution, and account management.

Trading platforms Comparison with competitors

I mean I regularly check certain materials to make sure that there are no turmoil in the market, and it really helps me to manage open positions effectively. These elements highlight why it has emerged as a preferred platform for a wide range of traders. However, overweight towards the leaders along with ongoing lawsuits could potentially undermine XRP’s future and seriously affect its current price. To start with, while PrimeXBT is considered to be a centralized crypto exchange, it does not exclusively focus on cryptocurrencies but rather offers a diverse line of financial products and services. Unlimited via Perfect Money. PrimeXBT utilizes extensive cyber security implementations to ensure that strict measures and practices are in place to protect customer funds against risk. 2024 00343, having its registered office address at PKF Corporate Services Ltd. It offers features for both new and seasoned traders. That’s their get away excuse in most case to avoid paying out. While high price volatility can create many profitable trading opportunities, it can also lead to large losses for beginner traders. PrimeXBT is not available for users located in the USA, there is no “PrimeXBT USA” option as there is with other platforms like eToro or Binance. Considering its features and risks, PrimeXBT stands out for experienced traders but may not be the best choice for those new to trading or risk averse individuals. PrimeXBT wallets are multifunctional.

Top 10 Web3 Games To Explore In 2024; Here List

Trading the CFD markets allows for many markets to be traded. Newsletter subscription. Another way to contact them is via Telegram or Twitter. Primexbt 50 bonus, primexbt bonus 50 and primexbt 35 bonus. When using live chat, I usually received a response within 2 minutes. Traders can even customize colors, grids, spacing, and lines on the platform. What OKX did was to integrate the dApps into their platform by pasting the same UI and feel as other OKX products over these dApps. No trade should ever be placed without one. This article provides a comprehensive analysis of PrimeXBT forex fees, detailing the different types of fees, their calculation methods, and strategies to minimize them. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. PrimeXBT is a CFD exchange that offers a suite of tradable markets such as crypto, commodities, stocks, indices and more in one convenient place. None, registered in Seychelles and Marshall Islands. Another way to contact them is via Telegram or Twitter. A recent Bloomberg article has quoted several oil desks and analysts expectations as to what their predictions were in the WTI Crude Oil and Brent Crude Oil markets. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. Just sign up for a live account and use the filter option to find top traders by profit, AUM, and followers. This step is optional but highly recommended. You will head on over to your dashboard section. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Let’s take a bird’s eye view of the products available on PrimeXBT.

PrimeXBT what is it?

Deposits are free, but there are withdrawal fees for cryptocurrencies. 2 of PrimeXBT’s Terms and Conditions. You can learn more about Covesting Copy Trading and managing trading strategies at the PrimeXBT Copy Trading FAQ section on their site. Users need to withdraw cryptocurrency from PrimeXBT and then convert it to fiat via third party exchanges, which can add extra steps and fees to the process. If they had not used leverage, the trade would have gained 33% on the original $6,000 – offering a profit of $2,000 instead. PrimeXBT offers copy trading features similar to a regular trading platform. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. For instance, if you want a BTC futures contract using isolated margin, then it is capped at x100. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Note ✍️: The financing fees are dynamic. The quickest way to reach customer support is through the 24/7 live chat accessible from the trading platform. Most of the coins kept at PrimeXBT are stored in cold storage, off line and disconnected from the internet, avoiding any risk of hackers penetrating the network. 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. I have never had any problem with KYC and have gone through the process successfully multiple times. With Level 1 KYC, you’ll be able to withdraw USD, trade, and deposit fiat and crypto up to a certain limit. 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. Its top menu showcases the following tabs. PrimeXBT’s cryptocurrency futures trading dashboard is among the most convenient and easy to navigate segments. But how easy is it for a newcomer to navigate this platform. Here’s how you can deposit BTC. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. Again, the risk is low here as it is more of a retrospective analysis of the past than a future trade on unpredictable outcomes. Thus, if you’re interested in earning extra income from the finance and insurance, check out their CPS affiliate program below. We’re thrilled to hear that you are impressed with PrimeXBT’s reputation and trading terms across all asset categories. The substantial returns have caught the attention of traders across the globe and have prompted PrimeXBT to list the asset alongside six other new altcoins. To withdraw Fiat currency USD, go to the Main page. Furthermore, affiliates can think of offering additional incentives to your referrals, such as exclusive content, trading strategies, or access to a private community. Traders can easily set the leverage by adjusting the position size rather than adjusting the leverage level itself like the other margin trading exchanges. Prime XBT Trading Services, S.