Installing / Getting started

For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. Here, we’ll explore some key factors to consider when making this critical decision for your crypto leverage trading strategy. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. These products are not suitable for all investors. While PrimeXBT’s platform supports one click trading, its lowest timeframe is one minute which is not ideal for scalping. However, if you want to hold, you will either need to create a digital wallet where you will store your cryptocurrencies, or you can store it on the PrimeXBT platform. Keep an eye on the platform and its social media channels to stay updated on the latest offers and take advantage of these special deals to maximize your trading potential. 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. This event, which takes place every four or so years in the case of Bitcoin, is a mechanism that is intended to make the cryptocurrency anti inflationary. 9984 per ADA, with a market cap of $35155270285 USD. Here, users can also modify orders with a stop loss or take profit level, or close out their positions. There is nothing worse than going through all the research, KYC verification, sign up process etc. Receive the latest news and stay informed. 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. The broker does not provide any share CFDs or lower risk securities e. Also, clients can trade binary options on cryptocurrencies via PrimeXBT Turbo module and can use a form of copy trading. 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. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. While traders should be mindful of the risks associated with high leverage, PrimeXBT’s comprehensive offerings and positive user feedback make it a compelling choice for those looking to trade across global markets. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. Brokers operate multiple entities activar un código promocional en PrimeXBT globally, but regulatory protections vary. Closing your position typically happens when a stop loss order gets hit, and the case that your position goes against you, or when your limit order gets hit as your target is reached.

Beware The Participate in PrimeXBT Contests Scam

If a withdrawal request is submitted before 12:00 UTC, it will be processed the same day. PrimeXBT presents an interface that’s both customizable and user friendly. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. March brings a slight uptick in Cardano’s market performance. Free $10,000 Practice Account. Although high leverage e. This makes it a good choice for traders who want to diversify. In addition to each of these assets, certain products have been designed as trading instruments that rely on the price of an underlying asset. Specific limits are detailed within the user’s account settings under the withdrawal section. Amazon has come a long way since its humble beginnings as an online bookstore back in 1994, and an IPO. Crypto enthusiasts can buy over 60 cryptocurrencies including Bitcoin BTC, and Ethereum ETH on the PrimeXBT platform. We are committed to the maintaining the highest level of safety and security for our client’s funds. The exchange is particularly best for traders who prefer trading new altcoins, meme coins, or pump and dump coins. Has anyone used PrimeXBT. If you are looking for the most user friendly platforms that are incredibly beginner friendly, I would recommend taking a gander at our Kraken and Swissborg reviews. 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. Receive the latest news and stay informed. This article is not intended for residents of the European Economic Area or the United Kingdom. PrimeXBT servers are located in London and Frankfurt hosted by Amazon AWS.

Cryptocurrencies Available on PrimeXBT

Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. By participating in staking, individuals commit their DOT tokens for a specific duration, reducing liquidity during this period and obviously affecting DOT price, since it limits supply. These questions are largely speculative and opinion based. It’s important to ensure the address is correct to avoid losing funds. Additionally, there are other promotions and bonuses available, such as a 50% discount on orders over $50 with the code IMI50. Both platforms provide access to a variety of financial instruments beyond cryptocurrencies, including forex, commodities, and indices. The fee is applied in addition to the spread. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Currently, PrimeXBT charges a very low flat fee of about 0. Define clear entry and exit points for your trades. ➡️ Crypto withdrawals:For BTC the withdrawal fee is 0. Cryptocurrency trading can be risky without paying attention to the trend, stop losses, and other important technical factors. This section will explore the concept of restricted countries, the regulatory challenges faced by PrimeXBT, and the implications for traders in these regions. Understanding these factors and their potential influence on the markets can help traders make better informed decisions and optimize their trading performance. However, should also keep in mind that most assets involving commodities do tend to gain over the longer term, but the possibility of shorting one of these markets as it loses momentum is a great way to profit when others cannot. Whether you are new to PrimeXBT or a seasoned trader, this guide will offer valuable insights into the payment verification process. The latest offers can be found on PrimeXBT’s official social media pages, on the platform’s website, or through newsletters. We were unable to find these stats updated for recent years, but have not found any complaints or reasons to assume these impressive slippage statistics have faltered. Today’s PrimeXBT Top Offers. Just sign up for a live account and use the filter option to find top traders by profit, AUM, and followers. In the chart offers by Bloomberg reviewing two important moving averages on Bitcoin, and the MACD, a bearish trend could be spotted before a further fall ever occurs. This indicates a high level of accuracy in order fulfillment, a crucial element in volatile markets where every second counts. With its reliability, extensive features, and commitment to security, Primexbt empowers users to navigate the dynamic world of cryptocurrencies with confidence. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. KYC measures may include identifying customers, to ensure that only authorised people are allowed to use the account, and funds and anti money laundering AML inquiries, to ensure that the funds being used are being deposited and withdrawn to a legitimate sources. My deposit was credited after 20 network confirmations, which took a few minutes. Exchange clients can open three types of accounts: demo competitive, no deposit, real for CFDs and real for futures.

Company activitySee all

For USDT, USDC and COV the withdrawal fees vary depending on the network used. The intuitive design of the PrimeXBT iOS app ensures that traders can easily access the tools and information they need to make informed trading decisions. Specifically, new users can receive a $100 bonus by depositing at least $500 and completing their account verification. The project’s community, including developers, users, and token holders, will promote the token to new investors. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. Another cool feature that sets PrimeXBT apart is that users can design their own trading contest for their communities. This leaves Volet and Perfect Money as the alternatives. From zero KYC requirements to 225x leverage, these US platforms offer features that could change the way you set up your trading. It also shows you their annualised returns, assets and asset growth. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services.

Restricted Jurisdictions

1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. During testing, I received fast responses with a reasonable level of detail. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page. The PrimeXBT team has also made bold claims about their copy trading feature. Thank you for being a valued member of the PrimeXBT community. For those traders who are more technical, they may prefer a broader range of order types and functionality. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. Brand operating since. The exchange has pages in popular social networks: Instagram, Facebook, Twitter, as well as on YouTube, Reddit, and Discord. Instead, any funds traded on the platform are locked in multi sig escrow, minimizing the possibility of theft and reducing trading time for users. No, different assets have different overnight fee rates. Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. The minimum withdrawal amount on PrimeXBT typically aligns with the minimum transaction limit for the cryptocurrency being withdrawn, which is often equivalent to around $10 to $20 USD in crypto value. 05% trading fee applies to most assets, while the funding rate is 0. What if my balance becomes negative with an active bonus. It is not something that you have to do, just something that you are able to do should you choose to. 35100 while being offered at 1. Additionally, owning the asset can help diversify your “portfolio” this is the collection of all the assets you have. As 2023 comes to a close, with never ending uncertainty in Cryptocurrency markets, users and analysts continue looking into Dogecoin historical data, to determine possible factors that may be affecting its price in 2023.

Trade

Our commitment to innovation and growth ensures that we continue to adapt and expand, providing a safe and efficient trading environment for all. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. In the illustration above, you can see that the current price action is positioned within the “re accumulation” phase. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. This places PrimeXBT more in line with the fees model of a CFD broker than a Futures exchange. These products are not suitable for all investors. Date of experience: December 31, 2024. Our user friendly platform features advanced charts and tools, to help you make informed trading decisions. Traders use this order type to improve their entry/exit price, however they do not guarantee execution as there is a chance the market may not reach the limit order level. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT PTY LTD previously Stack Advisory 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. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. You can only withdraw fiat using the same payment method you used for deposits. After a Bitcoin deposit, it requires 3 block confirmations which usually take around 40 minutes. Returns or profits may be subject to capital gains tax. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. However, the analysis touted the growth potential of XRP as an investment. In essence, if your losses exceed the amount of your initial investment the margin, the exchange will automatically sell your holding to recoup the money they loaned you. Unfortunately, most traders do not spend the time necessary to backtest a system and will simply come up with the latest and greatest thing on a forum to start putting money to work. This should not be seen as financial or investment advice of any kind, nor does Prime XBT endorse or guarantee the relevance, timeliness, or accuracy of the information or publications. Established in 2018 and based in Seychelles, the platform supports the trading of major cryptocurrencies such as Bitcoin BTC, EOS EOS, Ethereum ETH, Litecoin LTC, and Ripple’s XRP XRP. It gives chances for everyone interested in trading to start from somewhere as its minimum disposal is affordable. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania.

Jadwal Misa

PrimeXBT accepts both fiat and cryptocurrency deposits. I tried to contract with them but nobody available. “Trust is earned when actions meet words. I reviewed PrimeXBT’s legal documents and found that everything was in order. This has also opened new opportunities for new platforms to simplify various processes. We appreciate your appreciation and are here to support your trading journey. Additionally, PrimeXBT supports third party payment providers such as Volet and Perfect Money. Whatever you use as a system, be it technical, fundamental, or more likely than not, a combination of both, it is crucial that you do what is known as backtesting. Here are some of the best ones. In an exciting update for the cryptocurrency marketing landscape, CryptoVirally has announced a series of new entries and enhancements to its already comprehensive range of services. For experienced traders, PrimeXBT broadcasts an investing calendar. A good expression to remember is “A little bit goes a long way. For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. Any Crypto transaction, whether a sale, exchange or even a gift, can trigger a taxable event. You can also sort markets by name and 24 hour change.

MarceloDias

The content of this website is not intended for residents of the European Economic Area or the United Kingdom. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions, margin interest and other costs, and are not guarantees of future results. Traders can also trade Commodities and Indices via Contracts for Difference CFDs. Bybit has been expanding its user base, not only being adopted by retail traders but professional traders and firms as well, encouraged by Bybit’s sterling reputation and efforts in the crypto space. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Trade anytime, anywhere, and stay connected to the markets that matter most to you. Candlesticks are preferred because they provide in depth details compared to simple lines. Similarly, Ethereum ETH, the second largest cryptocurrency, has experienced some price swings, trading within the range of $3,000 to $4,000. Seek independent advice if you have questions or do not fully understand the risks. The exchange does not currently offer fiat off ramps for withdrawals. Thank you for choosing PrimeXBT as your all in one trading platform. Crafting a clear and comprehensive trading plan is crucial for maximising your success and minimising risks. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards. These businesses are very diversified in terms of industry and scope and includes the local leader in ecommerce fulfillment Mailpac, the largest private transaction processing company in Jamaica ePay, Jamaica’s leading player in ice manufacturing and distribution Pure National Limited, the Jamaican arm of the world’s largest car rental company Hertz, Jamaica’s fastest growing water provider JamAgua and several other industry leading platforms in Jamaica, Florida and West Africa. It is easy to use, very interactive, very complete. Many Crypto investors caught up on Dogecoin mania were left holding the bag when market conditions changed from bullish to bearish. Cryptocurrencies are starting to permeate the narrative around the changing space of transactions and payments. With the new year officially underway, we’re looking back at the last month of 2024, thrilled by the fact that. The platform could enhance its educational resources and expand its geographic availability. PrimeXBT offers specialized copy trading accounts where strategy followers and providers can connect and interact.

About

SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. The broker also provides social and copy trading services. Pay close attention to how long the strategy has been running. The transacting of business is spread out across the world and in all time zones. 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. Yes, PrimeXBT provides a referral dashboard to track the progress and earnings of your referrals. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Opening a Cryptocurrency account takes only a few clicks and usually some personal information such as email address. Any assets deposited to PrimeXBT are assigned a risk score based on Crystal’s proprietary algorithm, providing detailed insight about the history of that asset and the wallets it originated from. PrimeXBT also offers a way to activate COV token membership that boosts earnings in yield accounts by up to 2x. Trading here is safe and profitable if you have enough knowledge to use all the available tools. Further, there is also specific punishment for breaking the rules. All leveraged trading products can be traded with TradingView charts on BYDFi which makes it a great choice if you are looking for where to scalp crypto.

Select a Country

Hit app world’s worst app time wasting money wasting and fees are like 60% of your amount don’t invest. These products are not suitable for all investors. Margin trading is when you borrow money from your broker to buy a cryptocurrency. PrimeXBT provides traders with a user friendly web based trading platform and mobile app. They are simply a line that shows the closing price over a longer term timeline. Or do you travel a lot and. The bid ask spread, in this case, equals $2. 01 BTC on the exchange. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. 1389% based on the type of trade. Additionally, it allows users to save on transaction fees by choosing the most cost effective option available. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Next after selecting which assets to trade and learning the ropes on technical analysis and other important financial market factors, it is time to choose an exchange to trade on. As cryptos matured into valid investment vehicles, more governments have increased their crypto transaction monitoring, and companies must meet these legal expectations to remain operational. Indeed, the high leverage levels make it a similarly attractive proposal which will allow those users to magnify their returns on borrowed money. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. We’re glad to hear that our platform suits your trading strategy and needs. In fact, PrimeXBT actually measured the slippage on their executed orders. The copy trading and price prediction features are my favourites. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. What I would like to be improved is the fixed leverage. While it offers the potential for amplified profits, it also comes with heightened risks, such as higher interest rates on borrowed funds. Returns may be subject to tax. How to participate in the tournament. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. Users can open accounts, deposit crypto, and start trading with just an email address. Pearce was Manager of Investment Banking for NCB Capital Markets Limited, the investment banking arm of the NCB Group, where he was responsible for deal origination and structuring with a focus on private equity and real estate transactions. In the table below, I have listed the maximum retail leverage available with PrimeXBT for instruments from different asset classes.

Collect Your Rewards

That is not entirely true. This will allow you to earn a commission from referring friends to the platform. Capital gains and losses can result from trades, disposals, gifts and many other types of transactions. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. Feel free to contact us if you believe that content is outdated, incomplete, or questionable. As well as this, MEXC has some of the lowest trading fees of any crypto exchange, with considerable discounts for MXC holders. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities. This amount is required to create a strategy, and they will be temporarily blocked until trading on the strategy is completed and the strategy itself is closed. Additionally, the opinions expressed by the commenters do not necessarily reflect those of Bitcompare or its staff. Returns or profits may be subject to capital gains tax. For me all the pros outweigh all the disadvantages by a mile. It also trades from one place to another successfully. PrimeXBT requires only a 0. DigixGlobal allows anyone to accumulate gold in minute positions and manage it effectively around the clock with minimal limitations. Just click on ‘Withdraw’ next to your desired Crypto under the ‘Wallets’ section on the Accounts dashboard. Although they have the same commission for your direct referral, BitMEX does not offer tiered referral payouts. For enhanced security, it offers two step authentication and biometric login options. PrimeXBT offers the following promotional offers. These include fan lines, Fibonacci, retracements, and other trend lines. This social trading platforms platform allows you to open 100 currency or stock charts at a time, and the 21 timeframes enable comprehensive and detailed analysis of even minor price movements. Information regarding past performance is not a reliable indicator of future performance.

Country:

Let’s dive into our round up of the 15 best no KYC crypto exchanges for 2024. This allows for pure price speculation without taking custody. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. For our trading test, we thoroughly evaluated the PrimeXBT platform. To access live chat support, British users can navigate to the help or support section on the PrimeXBT platform. PrimeXBT provides traders with an interesting alternative to the status quo with crypto margin trading. It is easy to use and a great option for traders starting out. Closing your position typically happens when a stop loss order gets hit, and the case that your position goes against you, or when your limit order gets hit as your target is reached. After the drop seen in 2022, Ethereum seems on track to grow into 2024. Let’s face it, we all like technical analysis. A crypto trading platform allows traders to use advanced tools to manage positions and get the most profit out of markets. AFFILIATE DISCLOSURE: Kindly be aware that several links on CryptoAffiliate. This is much quicker; therefore, you can get in and out of the market without worrying about wallets. We think there’s no better place to start than with Stock Advisor, the flagship stock picking service of our company, The Motley Fool. However, with the potential for magnified gains, your margin balance is also subject to magnified losses. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. In order to provide the best viewing experience, our site uses cookies. For those that have not yet funded their account, by simply going to the “Account” section, and then clicking on “Deposit to wallet” funds can be added, and then transferred to Turbo using the previous instructions. Some products and/or services might not be covered by the Compensation Fund. The platform offers CFDs in the form of perpetual contracts, not only for cryptocurrencies but also for classic assets such as oil, gas, and major indices. However, when asked to ChatGPT, the AI predictions turned out to be extremely bullish than ours. I first thought it’s only about crypto. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Dear Jan,We appreciate your feedback about the overnight fees. Claim up to $7,000 in Bonus. That being said, there is still quite a bit of interest in Bitcoin, and therefore one would have to assume that buyers will continue to be interested. Key features such as copy trading and trading contests add to its appeal, while its lucrative affiliate and referral programs set PrimeXBT apart in a competitive market. However, it lacks depth and diversity. 🚀 We’ll explore how PrimeXBT operates, its diverse services, safety measures, and its ideal users.