Introduction to PrimeXBT

Enjoy Futures trading with a smaller investment. As a derivatives trading platform, PrimeXBT does not offer any spot markets. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. 07:00 am to 16:00 pm UTC. You can find a full breakdown of their fees on the PrimeXBT fees page. The required margin can be as low as 1% for a 100:1 leverage ratio. If you sell when the FTSE 100 is trading at 7497. Benefit from zero commission and spreads as low as 0. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. It has gained popularity for its crypto margin trading capabilities. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Whatsapp : 0812 3253 8082. These products are not suitable for all investors. Your satisfaction is our top priority, and we’re glad you’re enjoying your time on our platform. These strategies tend to produce smoother returns but will also offer fewer gains over the long run. There are no minimum deposit requirements while the Convesting copy trading fee is 0. Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. Here’s what sets them apart. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. 7 billion, with a circulating supply of around 7. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa.

Customer support on PrimeXBT

Before the guide is over, some intermediate and advanced concepts will be introduced for beginners to be aware of. For example, if you only have BTC and want to do a ETH/USD trade, you can turn your BTC into ETH tokens to do so. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. =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. To get started, you can visit their API documentation and learn how to integrate with their system. A Doge price prediction isn’t impossible, but it may require a combination of technical indicators and heavy scrutiny of social platforms, forums and other places where Doge traders may gather. The margin account, however, makes $49,900 profit with only $100 and enough money to cover margin maintenance requirements. To protect your account, please change your password at this link: and enable 2FA. The fees don’t eat into my profits as much as other platforms, a big plus. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. Returns or profits may be subject to capital gains tax. The main tool for trading in PrimeXBT is a web platform with built in market analysis tools. The exchange is most suited for beginner to moderate level traders. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. Leveraged tokens have become a very popular product and are now offered by many of the major exchanges. On top of that if you are working with crypto exchange,, then it’s probably impossible to trade currencies as well. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. For years it has grown into a global platform that has expanded to over 150 countries all around the world. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. What about their fees. This gives the trader the advantage of making money on “borrowed funds”.

About the Author

Remember, trading always comes with risks. You set the stop loss order ahead of time, and the platform will do the rest. I also tested the fiat withdrawal process, using Volet. Your trading account balance – used up margin falls below a certain threshold, in which case you’ll be asked to deposit additional funds if you want to keep your trades open. Share strategies and collaborate using social PrimeXBT global tools. We’re pleased to hear that you’re taking full advantage of the variety of assets available on PrimeXBT, including forex, indices, and commodities. 2023 saw PrimeXBT roll out new features like an adjustable leverage system, order book implementation, and expanded altcoin assets. Withdrawal fees start at just $0. The opinions expressed in this blog do not constitute investment advice and independent financial advice should be sought where appropriate. I reviewed PrimeXBT’s legal documents and found that everything was in order. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. 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. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. Here are some of the most frequently asked questions about PrimeXBT payment limits. 32 to send USDT over the BEP20 network. Receive the latest news and stay informed. Scan the QR code with your device’s camera and get APK file. Human help when you need it. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Readers should do their own research. 💼 CFD trading, also known as contract for difference trading, lets you trade derivatives without owning the actual assets. Copy trading is a fairly new addition to the Bybit platform and it saw a warm welcome from many of the users on the platform, quickly becoming a widely utilized and popular copy trading platform. 0578% on morevolatile instruments like Natural Gas – a substantial reduction from previouslevels. If you have any further questions or need assistance, please don’t hesitate to reach out at. Best regards,The PrimeXBT Team. An investor wants to take out a position size of one Bitcoin back when the cryptocurrency was trading at $10,000 per coin. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. The explosive price action in crypto can work for and against the holder. If your Promo Code doesn’t work, double check that you have entered it correctly and that it hasn’t expired. Additionally, PrimeXBT supports the trading of Crypto BTC trade pairings.

Questions? Get in touch

Dear Carlos,We’re delighted to hear that you appreciate the wide range of assets available on PrimeXBT, including forex, commodities, cryptocurrencies, and indices. Prime XBT also supports a number of transaction services such as. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Experience seamless trading wherever you are with the PrimeXBT iOS app. The dynamics and reason behind this is very simple to understand. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. PrimeXBT Special provides a variety of promotions such as a Special Welcome Gift of $100 for your initial deposit within the first 48 hours, along with bonuses up to $7,000 as you continue to advance. If a withdrawal request is submitted before 12:00 UTC, it will be processed the same day. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Enjoy Futures trading with a smaller investment. Use of this site constitutes acceptance of our Terms of Service. Founded in 2018 by a former Google manager, Crypto Rand is now composed of more than five crypto and trading experts, that want to help you navigate the market and guide you when investing in STOs, seed rounds and equities. With this information, you will learn the best time to enter a position and the best time to exit a position. If you have specific feedback on features you find pricey, feel free to share—we’re always looking to improve.

Support

This allows users to fund their accounts without incurring additional costs, making it easier to start trading. PrimeXBT Trading Services, S. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. That being said, it is a 100% return from current levels and, therefore, will be a difficult target to hit. This bonus boosts your available trading capital but cannot be withdrawn. The platform’s user friendly interface and the ability to trade across multiple asset classes also contribute to its positive standing. As for cryptocurrencies, a liquidity crunch inherent within the crypto space has caused crypto prices to plummet even before the FED hiked rates on Wednesday. The platform offers a very limited range of crypto futures markets and conditional orders. The platform’s robust security infrastructure ensures a safe trading environment for all users. If your wallet address is linked to you via another means, then there’s no anonymity. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. Mirror trading can be considered a subcategory of copy trading. 05% for cryptocurrency trades, 0. Note that registration on the site is very fast, no verification is required, so you will be able to start trading cryptocurrency almost instantly. The main reasons are its high leverage, variety of assets, easy interface, and special features like copy trading and contests. Why You Should Short Shiba Inu with PrimeXBT. However, you must deposit at least 0. Compensation Fund per user. However, depositing fiat currency requires KYC verification. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. Returns or profits may be subject to capital gains tax. You can either elect to use a link with your code embedded or to give your referrals your code when they are signing up. The platform is user friendly, making it easy to copy the trades of experienced traders. 0001% on forex, indices and commodities. As a chief competitive advantage, PrimeXBT also put a lot of extra attention into its copy trading product, especially around increased transparency and trust. This sponsorship does not influence our analysis or opinions. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. PrimeXBT is presenting a $50 Signup trial bonus exclusively available for the new traders of the company.

Day Traders: Acceptable choice

The information provided here is not an invitation to buy or sell products, nor is it an invitation to make an investment or trading strategy. 0005 BTC for Bitcoin withdrawals. In forex trading, pip values vary depending on the currency pair and the size of the trade. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. The online PrimeXBT account application only asks for an e mail and desired password. It also gives them the ability to reach out to customer support right there in Telegram. Taking regular profit is a risk management strategy in and of itself, ensuring profits are regularly booked. They also provide an API packed with features for trade executions, portfolio management, and real time data access. Market Search: The dedicated “Markets” page allows you to quickly search for available markets, with filters for popular markets, forex, indices, commodities, and cryptos. No pumping this includes links to PnD pump and dump groups, encouraging users to join a PnD group or instructions to join one. It costs more to execute a full sized EURUSD trade with PrimeXBT than with the typical STP broker. Gotta give credit where it is due, the Bybit team seriously stepped it up. USDT, USDC and COV can be deposited via ERC 20 or BEP 20 network. PrimeXBT’s copy trading feature is marketed as Covesting and operates similarly to the copy trading services offered by eToro. Because leverage increases the position size, any adverse price movements can result in substantial losses, potentially exceeding the initial investment. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. Trade 100+ markets like BTCUSD, EURUSD and SP500. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Open the downloaded file and tap Install to complete the installation. Before you press “Confirm”, review the order. While Paxful is a peer to peer platform other platforms allow traders to quickly buy Bitcoins. I really appreciate it. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue.

What You Can Do with Your Crypto

Technical analysis is a methodology utilized to make sense of an asset’s anticipated long term value and growth prospects by examining chart patterns, trend lines, and other signals instead of statistics and data. The altcoins are traded against Bitcoin. Trade like a pro, even when you’re on the go, with access to a powerful yet easy to use trading platform in the palm of your hand. COV tokens can be picked up directly on PrimeXBT by exchanging BTC, ETH, USDT or USDC for COV or alternatively be purchased on KuCoin or swapped on Uniswap. However, it is worth noting that some others are calling for a move as high as 10,000 by the time we get to 2032 despite past year of 2023 not reaching even a half of this predicted value, as could be seen on the forecast table with a 2023 reference comparison. Investing in any asset class requires research. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. CFD and FX feed come from a partner company feed aggregator which sources liquidity from multiple providers such as prime brokers, banks etc. Scan this code to download app. Exhibiting an astonishing monthly profit of 290. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Their fees are typically less than $2. Wharton Fellowship, the Executive Leadership Council award as well as the Shils Zeidman Entrepreneurial Fellowship at Wharton. KYC, or Know Your Customer, is a regulatory requirement where financial institutions, including crypto exchanges, verify their customers’ identities. If you’re facing any issues with accessing certain contests, feel free to reach out to.

PrimeXBT Exchange Review 2021

Happy Birthday, Ethereum. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Open the downloaded file and tap Install to complete the installation. This may impact how, where and which companies / services we review and write about. Always review the terms associated with each bonus to ensure compliance and avoid forfeiture. However, there is a risk of capital loss associated with trading of all kinds. Several options for the referral program;. I asked the customer support team whether their platform has services where a certain manager will trade from my account for a specified commission. A financial instrument is different from an asset, acting as a contract to settle the trade at a different price than the entry. You will be buying or selling the position with a platform that does all the work under the hood for you, not signing contracts.

Diego Sanchez

The spread is insane and with the indices it looks like alternative universe when you see the difference between the numbers on tv vs the platform unless I am reading it wrong. Our clients love how fast and simple our sign up is. It’s not just a trading platform; it’s a full toolkit packed with features designed to boost your trading experience. Can trade currency/metal CFDs there too, but I don’t do that. 01%, while on PrimeXBT, they were consistently over 0. If you need any further assistance or have more questions, please feel free to reach out at. Two provide forex and CFD services, and the third is licensed and regulated as a crypto wallet. Additional fees include overnight fees for leveraged positions and withdrawal fees, which vary based on the withdrawal method. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Overall, I concluded that PrimeXBT is a good choice for casual crypto traders. Titles should accurately represent the content being linked to and not be in all caps. The numbers in this chart are only illustrative and subject to change over timeRound turn commission. PrimeXBT is available on both web and mobile platforms. Its clear fees and wide range of tools make it a great choice for traders. The website also contains a useful Help Centre for general queries. This method effectively measures the capability of customer support to assist both active traders and casual investors. 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. Additionally, as new higher Ethereum prices emerge, you are already invested. These products are not suitable for all investors. At PrimeXBT, we strive to provide timely and helpful support to ensure our users have all the information they need for effective trading. Long term investors in Dogecoin are rare, as those who purchase Doge are focused on making money and speculative reasons. Another notable case is BitMEX, a crypto derivatives exchange that was charged by the U. Due to recent updates the time of overnight swap charge will be adjusted. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage.

GoyoCruzAponte

It’s important for users to be aware of this fee when planning withdrawals, as it is deducted from the withdrawn amount. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Get access to a wide range of trading, investing, and Crypto services from a single app. With Polkadot’s focus on enabling inter operability among multiple blockchains, we can see those platforms thriving and pushing prices as high as $182. If it is quite a sizable withdrawal it may take quite a bit of time if there are not enough funds in the hot wallet, they may have to access some from their offline cold wallets. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. PrimeXBT processes all pending withdrawals once a day, between 12:00 and 14:00 UTC. Ethereum is the second largest cryptocurrency by market cap, but it was also the first blockchain to employ smart contract technology and is fueled by the coin, also known as Ethereum, or ETH. The second and final round of our Reduced Fees Giveaway has ended, and it’s time to announce our newest set. We are proud to announce our all new Crypto Futures Contest, designed to introduce you to our new platform, while also. Are you looking for the best bitcoin trading platform or a place that supports a wide array of cryptocurrencies. Olá Flávio,Obrigado pelo feedback. Scan this code to download app. 9% availability rate, ensuring that traders worldwide have near constant access to the volatile cryptocurrency markets. Our human support team is here to help 24/7, in your language. While historical performance is not a guarantee for future price movements, it does highlight the importance of monitoring Bitcoin’s price movement and its influence on altcoins. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. Customers can fund their accounts by depositing via bank card or bank transfer. For over a decade, the Cryptocurrency market was struggling to find its place in the financial world.

Important Notice

We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. PrimeXBT’s mobile app, available on iOS and Android, provides fast and convenient access to the market anytime, anywhere. It also does not work if you cannot copy a strategy, which is simply letting PrimeXBT broker the trades run. This may be a more prudent move as even the slightest amount of volatility can lead to an exhaustion of funds with 100x or 1,000x leverage. We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC 50%; 35% in a basket of big cap coins and the rest in small projects with huge upside. 1% spot trading and 0. Whether you are a novice or a seasoned trader, the PrimeXBT Android app is designed to enhance your trading experience on the go. This bonus is way better than the $200 bonus as it offers you the opportunity to earn a higher bonus depending on your initial deposit. Supported CFD Commodities include Aluminium, Brent, Copper, Crude, Gold, Lead, Natural Gas, Nickel, Silver, and Zinc. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. User friendly and regulated, it’s great for both beginners and experienced traders. For example, the withdrawal fee for Bitcoin is typically 0. Compensation Fund per user. A popular example is the CRYPTOAFFILIATE code. They have always taken preventive measures to make sure their platform offers optimal trading security. 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. One of the most attractive features of PrimeXBT is the ability to sign up without KYC or ID verification. These fees are returned to your account and you can use them to invest in the various markets that PrimeXBT makes available. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. Reddit and its partners use cookies and similar technologies to provide you with a better experience.

Promotion:

PrimeXBT Trading Services, S. Analyse the markets with powerful charting, to better identify opportunities. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. It involves using borrowed funds, in order to increase potential profits. Expert traders provide video tutorials, tips, and courses to level up your knowledge on chart reading, indicators, risk management, developing trading plans, and more. For more information, read our Terms, Cookies and Privacy Notice Manage Cookies. The company’s foundation and evolution reflect its dedication to meeting the evolving needs of traders and maintaining a leading position in the competitive trading platform market. Here’s a quick overview. Decentralized platforms, built on blockchain, are gaining traction in 2025. The fiat withdrawal process was straightforward but took a long time. PrimeXBT provides a wealth of educational resources to help users enhance their trading skills and knowledge. PrimeXBT has a less stringent KYC process compared to other platforms, making it convenient for you to start trading right away. For example, a welcome bonus may require a minimum deposit of $500 or more. The following data may be used to track you across apps and websites owned by other companies. To gain access one month subscription costs $297, the three months cost $397, the seven months $597 and the unlimited subscription is a reasonable $997. Information regarding past performance is not a reliable indicator of future performance. The platform promises to prioritize client interests above all else, a gap that other crypto exchanges need to fill. Bisq acknowledges that most centralized exchanges require users to divulge personal information in order to set up an account, and then in turn link users’ trading activity to their respective identities. For example, the withdrawal fee for Bitcoin is typically 0. Direct Crypto deposits allow you to seamlessly transfer cryptocurrencies from your personal crypto wallets directly to your PrimeXBT Wallets, enabling quick and secure funding of your trading account. Once registered, you will need to fund your account to start trading. 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. Our KYC/AML policies include industry standard financial monitoring procedures, enabling us to identify any activities that may necessitate additional CDD review. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. To make a withdrawal to a new Account ID, users are first required to make a deposit with that Perfect Money Account ID,. Cardano has established itself as a prospective participant in the blockchain sector thanks to its scientific base, distinctive features, and emphasis on sustainability. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Forex trading on PrimeXBT involves speculating on the price movements of currency pairs. Users must register before making a deposit to trade on the PrimeXBT platform.