PrimeXBT Trading Platform

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. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. For our trading test, we thoroughly evaluated the PrimeXBT platform. While some Negociação PrimeXBT no Brasil customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. One held for a longer time since the margin balance is both the account balance and realised P/L. IOS and Android apps make trading on the go easy. Third party service: you can use third party service, such as Coinify TC, which allows you to buy BTC, ETH, USDT, and USDC using your bank card, SEPA bank transfer and have it transferred to your Prime XBT wallet. Although these figures may seem conservative, they are much higher than Cardano’s average price currently, which sets up ADA for conservative gains in the future. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Be warned: investing in these start up projects is risky so read up all you can before investing AND keep a close eye on them after. With all of these leverage numbers, it is important to point out that this is the maximum leverage limit, and traders can opt for a lower number level.

Success Stories and Testimonials

Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated. 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. MT4 is designed with a user friendly interface that makes it accessible to traders of all experience levels. However, the absence of custom price alerts was a notable drawback. Charts allow traders to perform technical analysis to identify entry and exit points. Despite the variety of choices, PrimeXBT is extremely simple to use. As a quick reminder, cross margin means all assets in a user’s account are used as collateral for their open positions, and isolated margin means only a specific amount of collateral is allocated for a particular position. It’s essential to recognize the inherent risks of cryptocurrency investments and conduct thorough research when engaging in the acquisition and management of Polkadot or any other digital asset as the DOT price can experience significant changes in a short period of time. At one point, it was anticipated that LTC could go all the way the $10,000 eventually, but that has disappeared. First and foremost, anyone considering investing, trading, or putting any capital on the line at an exchange or trade platform should first review the list of assets and/or trading instruments. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT offers a range of tools and resources to assist traders in conducting comprehensive market analysis. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and are not intended for UK consumers. PrimeXBT has partnered with Covesting, a licensed DLT services provider, to offer unique benefits through the COV token. Positions closed before the start of a new trading day 00:00 UTC will not be charged at all. These products are not suitable for all investors. In terms of supported cryptocurrencies, PrimeXBT’s repository is quite small and may not be a favourable option for some investors. There was no additional explanation for the blocked access in these regions.

FAQ

A demo account is also called a practice account. It kept its position firmly at the $0. See more about trading fees. Information regarding past performance is not a reliable indicator of future performance. Though on the flip side, being an unregulated broker means you need to place a lot more trust in the company and are depositing funds at your own risk. In this event, all of your open positions are closed as Market orders to settle the P/L. In PrimeXBT, traders have access to contracts for the price difference of various market assets including popular cryptocurrencies. When you log in to the platform, you will see a Bitcoin address that has been assigned to your account as a deposit address. When it comes to crypto, PrimeXBT has a more modest range than some of the other exchanges in our list, including Bitcoin, Ethereum, Litecoin, XRP, and EOS. Trustpilot provides a broad spectrum of user experiences, offering valuable insights into both the strengths and potential challenges of using PrimeXBT. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. Thank you for choosing PrimeXBT. Traders can register for free and make a deposit with no minimums to a margin account. This is a break down analysis of GBPJPY after today’s Bank of England Interest Rate Decision. However, it’s important to remember that while leverage increases profit potential, it also increases risks. No, PrimeXBT does not currently offer any services to residents of the United States.

Download PrimeXBT App

Volume of $3,500,000 by trading CFD or Crypto Futures and get $100 on your trading account. Learn more about Baksta’s Legal Terms. We do not recommend investing money you cannot afford to lose. It is currently trading. Tony Severino – este un Analist Tehnic, Producător de Conținut și Trader la PrimeXBT, valorificând peste 15 ani de experiență în media online. This section will guide you through the process of setting up your PrimeXBT account, from registration to account verification and funding. Although I read about opinion that x200 leverage may be too risky. Besides, it protects your password and privacy by hashing them using bcrypt with a cost factor of 12 and encrypting all other sensitive data. Get access to a wide range of trading, investing, and Crypto services from a single app. I found the KYC process to be straightforward, with my account being verified instantly. Most of the time, you’ll get stopped out again. Let’s say you’re trading with a $5,000 account and with a 100:1 leverage ratio. It also stands out for allowing users to trade various assets, including cryptocurrencies, stocks, commodities, and indices, from a single platform. The PrimeXBT user interface is easy to navigate, helping users get around quickly. Withdrawal fees are the charges applied when you withdraw funds from your PrimeXBT account.

PrimeXBT Withdrawal Fees

Once your deposit is received, we’ll credit the Crypto to your chosen wallet or trading account instantly. PrimeXBT is committed to innovation and quality, striving to be a trusted partner for traders globally. Efficient order execution is a critical aspect of any trading platform. Any Crypto transaction, whether a sale, exchange or even a gift, can trigger a taxable event. The same amount of money will be made in returns, but significantly less capital will be put at risk for a greatly amplified effect. 2024 has been a wild ride for Bitcoin. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Kraken offers no other fee incentives such as rebates or reductions except for volume, but PrimeXBT only uses a flat fee structure. Trading fees are a really important consideration as they can directly impact your profitability in the long run. Though the platform has a lot of positive reviews and few complaints, and a long history of satisfied traders, this is still an important consideration. It is available in over 150 countries, has 12+ liquidity providers, and has three offices worldwide. To determine whether PrimeXBT is worth the investment, we’ll conduct a cost benefit analysis, compare it with alternatives, and deliver our final verdict. 3800, with a solid baseline at $0. Explore and unlock new potentials as you navigate through a wide range of offerings meticulously curated to elevate your trading experience. Account replenishment. Cryptocurrency trading is when people buy and sell cryptocurrencies, depending on the price movement. With the rising attention from malicious users such as frauds and hackers, many exchanges have fallen victim to them. Given that PrimeXBT has developed a highly efficient trading engine, they are able to execute orders at below 7. If you ever need assistance, feel free to reach out to us at. When trading Bitcoin on PrimeXBT, it is crucial to understand the associated fees and costs. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. Here, you can choose the exact amount of BTC that you want to close from your position, and when you input this, you can simply hit the blue button. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles.

Spread Costs in Forex Trading

The app’s advanced trading tools, responsive customer support, and smooth bank card integration are appreciated. The highly liquid crypto exchange offers a user friendly interface for purchasing and selling 2,400+ cryptocurrencies. Ultimately, Chainlink at the moment isn’t very different from a very exciting startup, with technology that is proven, but there are still many factors that will support or be detrimental to its future value. We’ll put it to the test, with verification successful while waiting for the outcome. 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. I use data and warning lists published by regulators worldwide to analyze whether a brokerage is a legit entity. 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. Buy Bitcoin Instantly. Unlike Bybit, which leverages Tradingview, PrimeXBT developed their own trading technology and interface that is robust and has plenty of features, with over 50 tools and indicators available for traders to access. This is why it’s crucial to understand the heightened risk of liquidation associated with margin trading. Pro Tip 📲: Traders can use the PrimeXBT Telegram Bot which will send them price alerts, open positions and executed orders. This way, you do not have to take custody, nor do you have to worry about storage. With growing institutional interest, especially from firms like Nike and J. It’s important to ensure the address is correct to avoid losing funds. I have to admit that I am not an expert at analysing these things. PrimeXBT is known for more than just trading. The company not only offers transparent cooperation conditions to its customers, but also cares about the safety of their funds and financial transactions. 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 is actually a step towards adoption if the CEX is abiding by local regulations so should be celebrated in a way. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. When trading Crypto as a beginner, investors should generally opt for lower leverage ratios to minimise potential losses while they gain experience. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years.

4 Competitive Fees

For example, here are the base margin requirements and resulting leverage for a few of the 41 available cryptocurrency pairs. Here we’ll list the most important steps in trading Bitcoin. Keep track of the tournaments you are participating in and see details of past tournaments on the My Tournaments page. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. Fundamental analysis can be more beneficial during a bull market, when Crypto assets are trending and technicals are overheated. 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 JurisdictionsPrimeXBT 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. This interaction has helped both followers and top traders to earn millions trading on PrimeXBT. Information regarding past performance is not a reliable indicator of future performance. Once your account is verified, you can log in and access the PrimeXBT trading platform.

Are non KYC exchanges safe?

Input it and proceed. However, you can either increase or decrease the amount of cryptocurrency you are willing to trade at any point in time. When the exchange measures its slippage, you can see that 94% of users orders were met at Quote or better Source: Blockgeeks. As mentioned, you can also trade forex, commodities, and stock indices. Have you tried the latest version of our app. Users are responsible for understanding the operational mechanisms and risks associated with automated trading systems before use. Indeed, the high leverage levels make it a similarly attractive proposal which will allow those users to magnify their returns on borrowed money. Learn more about Baksta’s Legal Terms. Bybit, on the other hand, is renowned for its user friendly interface, high leverage, and focus on derivatives trading, particularly perpetual contracts. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The SandP 500 continues to attract a lot of inflow around the world, as it is one of the more mature markets. Here is a look at the margin requirements for some of the 51 forex pairs available. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. Charts allow traders to perform technical analysis to identify entry and exit points.

Risk warning

PrimeXBT offers two factor authentication so that people trying to get into an account must verify their identity twice through apps or text messages to gain access. It is possible to use a third party service such as Coinify TC, which allows you to buy BTC, ETH, USDT and USDC using your bank card, SEPA bank transfer and have it transferred to your PrimeXBT wallet. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. In terms of funding an account, there are no fees that are applied to inward payments. Deposit at least $300 to any trading account and start trading to get up to $500 bonus. 44% and a negative all time profit of 20. 02 in October 2017 to highs reaching $1. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. This means that you can limit the margin that one position can use from your account, and limit the exposure. It has gained popularity for its crypto margin trading capabilities. We’re excited to announce the winners of Round 1, who’ll be taking home amazing prizes. The average number of transactions per block on Bitcoin is between 1,000 and 1,500. For those that do not know, trading on leverage is a way for the individual to get more exposure to an asset than they have put down in funds. 3327 in June 2023 before potentially recovering to $0. You can open an account and start trading with just your email address. 32 to send USDT over the BEP20 network. This is impressively fast and means that traders are less likely to experience slippage.

Diego Sanchez

Its intuitiveness and simplicity provided a pleasant trading experience. Al principio, me sentía un poco intimidada por las posibilidades que ofrecían estas monedas virtuales pero gracias a PrimeXBT, ideal para el intercambio de criptomonedas he podido comprar, vender y administrar mis monedas de manera fácil y segura, es muy amigable y fácil de usar. While it offers the allure of magnified profits, it also comes with amplified risks. After the order has been filled, set a stop loss and proceed to the next stage. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. They are popular because they prioritize privacy and speed, letting you trade right after registration. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Dear UlisesThank you for sharing your experience. Be the First to Access Exclusive Bonus Updates Don’t Miss Out. 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. This will help you plan profitable trades in advance and earn maximum profit. To sign up, simply enter your email and select a password. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Readers should do their own research. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. A cryptocurrency is a form of currency developed through blockchain technology. The deposit may take a bit of time to show up in your account due to the fact that the crypto will require confirmations on the blockchain network before they are deposited into your account. 1 Once you are ready to trade with real funds, simply click the ‘Go to real’ button in the top right corner of the Turbo page to transfer real funds to your Turbo balance. Additionally, there are no hidden fees or charges, providing transparency and predictability in trading costs. Trend trading is a very powerful strategy that is also suited for beginner traders.

Worse

The market cycle can be classified into four phases: accumulation, markup, distribution and decline, as seen below. With the app in hand, you can trade global markets seamlessly, including cryptocurrencies, stock indices, commodities, and forex, all from the convenience of your mobile device. Is this paving the way for Litecoin to perform strongly in April. 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. PrimeXBT positions itself as a platform that offers advanced security and copy trading features, among other features. The 24h % change is the difference between the current priceand the price24 hours ago. There are no e wallets available and this makes it difficult for some international customers to deposit. Best regards,The PrimeXBT Team. This makes it a versatile choice for traders seeking diverse opportunities. Proper risk management is necessary for both long and short positions. As to contracts are worth $20 a point, multiplying by 25 gives you the total loss of $500. 05% for cryptocurrencies. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. PrimeXBT is a margin exchange that trades mostly in up and down markets. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. Otherwise, please leave this website. All incoming and outgoing transfers are executed manually by the PrimeXBT security team to ensure that transactions go through risk scoring, meet anti money laundering standards, and so suspicious trading activity can be flagged. After entering the code, select your country of residence from the drop down list. Our aim is indeed to provide a unique trading environment where traders can access not only a wide range of cryptocurrencies but also explore markets such as forex, commodities, and indices—all in one place.

Exclusive Crypto Deal List of 2023

And although the site has quite clear functionality, without knowledge of English you will probably need a little help from an online translator. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. If you have been around the cryptocurrency market for even a short amount of time, certain words pop up again. Secure, offline storage. Higher leverage can help increase profitability, but can involve more risk, and needs to be managed. PrimeXBT utilizes extensive cyber security implementations to ensure that strict measures and practices are in place to protect customer funds against risk. In this form of trading, you can leverage short or long. As mentioned, you can also trade forex, commodities, and stock indices. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Having said that, it is crucial to respect the potential damage that can come with larger position sizing. By adhering to strict money management, leverage can become one of your most powerful tools. Investing in Ethereum has been very profitable for those who can time the market moves. It also can sometimes be based upon the asset being traded as well, as the amount of margin will influence this. PrimeXBT follows KYC and AML rules for a safe and legal trading place. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. Learn more about Baksta’s Legal Terms. Mark horizontal lines where prior price peaks formed barriers and price bottoms provided footing. These products are not suitable for all investors. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The « big shot » bonus. Throughout my testing, the app performed smoothly without any bugs or glitches.

🚀 PrimeXBT Deposit Bonus 🔥 Get 20% Bonus For Your First Deposit, Up to $7000 Tradable Bonus 💵

To start investing with PrimeXBT, create an account, deposit funds, and then select the markets you wish to trade. Traders can also trade Commodities and Indices via Contracts for Difference CFDs. A history of bragging about assets online is one red flag that hackers can use to target unsuspecting crypto investors. This is necessary to start trading and to comply with regulatory requirements. Nos enorgullece ser líderes en la industria, especializados en la producción y suministro de vegetales y frutas mínimamente procesados en fresco MPF, conocidos como productos de cuarta gama. 5 for PrimeXBT and 3. 1, as well as 0 fees. In that case, you don’t have to buy or sell XRP/BTC but only speculate on their price variation using Bitcoin. Check out our full PrimeXBT review to see if this exchange is right for you. This allows PrimeXBT to offer low latency and consistent pricing on all supported instruments. The deposit processing time depends on the blockchain of the selected cryptocurrency. Always do your research before investing, and be prepared for potential losses. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. My personal most optimistic Dogecoin price prediction for 2026 is $1. Beginners usually find it easier to stick to the most liquid coins like Bitcoin and Ethereum. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT charged me a withdrawal fee of 0. Even so, Binance has set itself apart by offering an insurance fund for user assets. Dear Carlos,We’re delighted to hear that you appreciate the wide range of assets available on PrimeXBT, including forex, commodities, cryptocurrencies, and indices. PrimeXBT provides a handful of advanced trading options, so even if you just start out buying a small portion of Bitcoin you can then dip into other investments, such as Futures and CFDs, after becoming more confident. You can only withdraw fiat using the same payment method you used for deposits. As with any investment, conducting your own research and investing only what you can afford to lose is essential. For security related inquiries, please refer to our security page or contact us at. There are stop loss and take profit functions, and charts with many indicators. These products are not suitable for all investors.