PrimeXBT Sign Up Bonus Promo Code

Copy trading is a great tool for a lot of users with any level of experience. This website is owned by PrimeXBT PTY LTD. If the crypto world starts to see more adoption, Ethereum will be one of the first places it happens. This contemporary trading platform offers favorable terms and conditions, with responsive assistance available whenever necessary to provide guidance and support. With copy trading, you can copy trades of more experienced traders and enjoy the results of their analysis, while you gain the experience to start trading yourself. Following these channels allows you to stay updated on the latest promotions and bonus codes. Thanks to its unique features, competitive trading environment, and extensive support, PrimeXBT is an ideal option for traders who want to participate in a variety of markets. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Just like the ICO boom, DeFi could just as quickly be stopped by the SEC, going after token creators and their teams. However, some training opportunities are available here. By administrator Jul 11, 2024 Uncategorized 0 comments. Later in this article, we’ll explain how you can safely store Bitcoin. The platform uses cold storage to protect the majority of user funds, while hot wallets are limited to a small portion, significantly reducing the risk of hacks. 1M+ community members. Additionally, withdrawals to a bank card come with a hefty 5% fee. The interest in margin trading is much smaller than what you earn on your credit card, but when done wrong, it can also lead to losses. PrimeXBT is one of the rare brokers with two margin call thresholds 16. We’ll cover how long withdrawals take on PrimeXBT, and what fees you can expect. This would surely go a long way to reassure OKX customers that they can safely trade on their platform. Olá Flávio,Obrigado pelo feedback. Dear Riaan,Thank you for your positive feedback.

Is Cardano a Good Investment? Should You Invest in ADA?

Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the most favorable prices. PrimeXBT and Coinbase are quite different in their offerings. If the price increases by 10%, you’d make a profit of $100. Crypto Deposits: PrimeXBT offers free crypto deposits. The platform provides access to a wide range of pairs, including major, minor, and exotic currencies. The app also supports copy trading and includes a live chat feature for direct communication with customer support. This is what I discovered about the several entities operating under the PrimeXBT trade name. The token is like other cryptos, easily transferable and divisible. PrimeXBT Trading Services, S. Like most exchanges and financial sites these days, PrimeXBT has full SSL encryption. 12% of retail investor accounts lose money when trading CFDs. These steps are key for a safe and trusted trading place, important for both new and experienced traders. It’s always a nice touch when an exchange includes additional material to help smooth your trading experience. So, even in times of bad news, there is money to be made, but only if you know exactly what you are doing and how to read the market.

Take Home Lessons On PrimeXBT Trading Platform

Reply from PrimeXBT Copy Trading. Thus, for your long trade the commission will be 0. The Forex market is one of. 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. 2 of PrimeXBT’s Terms and Conditions. After all, we have seen massive swings in crypto, both higher and lower, and one would have to assume that it is still very possible. Always check the details of the coupon to ensure it’s still valid before trying to use it. 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. Now, let’s consider a contrasting scenario where a trader, fueled by FOMO fear of missing out, rushes into trade positions without proper planning or use of any technical analysis. The trade fee is charged for entering a position, and the overnight fee is charged for positions held overnight. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. FSCA Regulated Forex Brokers. For example, if you have a $200 bonus active, activating another promo will cancel the previous one. Price Spread or Bid Ask spread is the difference between the Bid and the Ask price of an asset. In the next section, we will discuss the importance of developing a solid trading strategy for short selling on PrimeXBT. Areas for Improvement. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform. 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. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. There are multiple benefits for users who want to take advantage of copy trading such as. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. However, our constant ongoing monitoring of incoming transactions and manual approval over outgoing transactions utilizing the industry’s best blockchain based AML compliance software ensures that we can actively and effectively address all suspicious transactions. The devastating crash rocked all of Crypto and other markets, so ADA wasn’t spared either.

Business terms and policiesBusiness terms and policies

Fundamental analysis is the study of the quantitative and qualitative data related to Cryptocurrencies. Be sure to follow all instructions carefully to ensure nothing goes wrong. We personally contact support using all available methods and present hypothetical problems that users might face. 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. In short, it was an experience worth lighting the candle. It serves clients in over 150 countries and has over 100 trading assets available. PrimeXBT is a cryptocurrency exchange that offers leveraged trading for several digital assets, including Bitcoin, Ethereum, and Litecoin, among others. 2024 00343, having its registered office address at PKF Corporate Services Ltd. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. We do not recommend investing money you cannot afford to lose. Privacy practices may vary based on, for example, the features you use or your age. “KuCoin: High Liquidity and Advanced Features for Traders” Tuot Nguyen Qui User. 01 BTC on the exchange. By understanding and leveraging these benefits, traders can enhance their trading performance and achieve their investment goals more effectively. Tradable assets aside, here are the products and features PrimeXBT brings to the table. Our trading platform offers multiple ways to manage your risk, including stop loss and take profit orders. Deposit Purchase crypto via bank card or transfer via third party companies. Learn more about other kinds of reviews. The minimum deposit is 0. AltSignals is considered one of the best Crypto trading signals providers with fifty thousand members on their free channel and over one thousand VIP members. And 11 tradable indices. 9984 per ADA, with a market cap of $35155270285 USD. Once you feel comfortable with your ability to trade, manage your market exposure, and use the platform’s tools to achieve your financial goals, you can easily deposit money and start trading with your live account to take full advantage of market opportunities with real results.

Is PrimeXBT Regulated?

Margin trading refers to trading on leverage, i. MEXC is a global crypto exchange without mandatory KYC. Learn more about Baksta’s Legal Terms. The platform boasts a user friendly interface with low fees, advanced trading tools, and a streamlined registration procedure. Only to find that you chose the wrong exchange for your needs. Returns may be subject to tax. Therefore, the risk of unauthorized access or orders is minimal. Withdrawal and Refund Policy. One effective approach is to optimize the number and size of trades. XLM, an altcoin trading under the symbol XLM, gained popularity during the 2017 crypto hype bubble and rose to become. If the app is unavailable in your region, you can still access it through direct download from our site. Imagine turning a modest investment into a significant profit. Of course, the higher the margin is, the more funds you have to borrow, and that’s why fees will also cost more, and the liquidation price will be closer. A trend trader wants to buy weakness during uptrends, and strength during downtrends. However, it lacks a depth of markets tool and does not support automated trading via Expert Advisors EAs. Customization and Charts. 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. CBN Regulated NG FSCA Regulated SA FCA Regulated UK CySec Regulated CYPRUS Asic Regulated AUSCMA Regulated Kenya. It serves over 150 countries, offering features for both new and seasoned traders. Let’s say you use $1,000 of margin to borrow and sell $5,000 worth of Bitcoin futures using 5x leverage. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. Open the downloaded file and tap Install to complete the installation. 1:Unlimited subject to conditions. Agents respond within seconds and are fairly knowledgeable. In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market.

What is the spread? What is the spread?

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. Trading involves risk. If you have been using the exchange for a period of time and are comfortable with the service then you may want to consider getting involved with their referral program. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. PrimeXBT offers a fully customisable platform interface so traders can create an optimised workspace. We actually downloaded the PrimeXBT app and tested it out to see exactly how functional it was. The platform provides a variety of free deposit options for both crypto and fiat. The platform’s robust security infrastructure ensures a safe trading environment for all users. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. Date of experience: January 07, 2025. Dear Jabulani,Thank you for your positive feedback. These widgets can contain a chart, order form, trades, messages etc.

Download the APK:

In the past, Ethereum has risen and fallen along with Bitcoin, as Bitcoin is still the bellwether when it comes to cryptocurrency. PrimeXBT is also hosted on AWS «Amazon Web Services» which has a proven track record for security in the industry. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. It is only web/SaaS based. Covesting is a unique way to make passive profit for anyone who doesn’t know how to trade themselves. You can learn more about what makes Bybit popular for copy trading in our Bybit Copy Trading Review. Buying the top could have resulted in significant losses, but shorting it with PrimeXBT would have been a completely different outcome. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. 2024 00343, having its registered office address at PKF Corporate Services Ltd. On the other hand, the broker does not impose any non trading fees. If traditional exchanges like Coinbase and Gemini are ordinary sedans, exchanges like PrimeXBT are F 1 racecars—the driver can go far fast, but if they don’t know how to drive them or the roads have unexpected turns, the results could be catastrophic. Agents respond within seconds and are fairly knowledgeable. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Here is the PrimeXBT referral code for a new user sign up bonus in 2021. 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. However, it lacks a depth of markets tool and does not support automated trading via Expert Advisors EAs. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. Overnight financing fees, or swap fees, are calculated based on the interest rate differential between the two currencies in a pair. Ethereum spot ETFs directly track the price of Ethereum, providing a straightforward way for traditional investors to gain exposure to this leading Cryptocurrency without needing to hold the digital asset themselves. You subscribe to their trades and their trades are automatically copied to your account. We are always here to assist you. Just add what you need to the list, and we’ll automatically aggregate their statuses into a single page. Analytical tools and configuration options allow for multi angle examination, but the ease of scaling price action is what truly matters. Join 1M+ traders who choose PrimeXBT as their go to trading platform.

Tutorials and Guides

However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Credit card option also aviable with no fees , many people can enjoy deposits here. To pass the KYC process, usually, you might need to provide a government issued ID and proof of residence. The location of PrimeXBT is important because it ensures compliance with international and local regulations, enhances operational efficiency, and supports a secure trading environment. For residents located in these countries or traders who prefer spot trading which is more common, I recommend checking out our OKX review and Binance Review. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. The bot is designed for quick updates and support contact, whereas the mobile app provides comprehensive trading and market analysis tools. Select additional content. Cryptocurrency trading is when people buy and sell cryptocurrencies, depending on the price movement.

Disadvantages of the Welcome Bonus:

An analyst performs technical analysis, using their own selection of technical indicators on an asset, calculating the best entry point, profit target and stop loss, and shares this data with their community on their Telegram, Discord or proprietary app channels. With this convenient live chart, you can view the current ADA/USD price, analyze the price dynamics, trace historical ADA to USD exchange rates, build your trading strategy, and trade Cardano with leverage on PrimeXBT. Creating an account with PrimeXBT is a quick and straightforward process. Within this part of our PrimeXBT review, we will talk about the different types of assets available for trading. Predictions suggest that XRP could maintain a minimum price around $0. However, PrimeXBT does not provide any third party content. Vincent and the Grenadines. There is a high probability that brokers regulated by low tier authorities might apply unfair pricing practices, opaque trade execution methods and schemes that may lead to conflict of interest with their clients. PrimeXBT has never suffered a hack or security breach during its operational history. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. Economy and its leading businesses. Ensure you have a valid email address and a secure password ready.

Why we picked it

The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Our CryptocurrencyExpert. My deposit was credited after 20 network confirmations, which took a few minutes. Each strategy manager sets their own management fee rate. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. Trade: Details of orders and positions can be found on the trade page. Please note that the availability of these payment methods may vary depending on the user’s location. Commenting on the news, a spokesperson for PrimeXBT said: “After the highly successful launch of the Android mobile application, we received an outpouring of requests showing enormous demand for an iOS version. Below is a detailed table of the available payment options on PrimeXBT. Brokers by Account Type. The second and final round of our Reduced Fees Giveaway has ended, and it’s time to announce our newest set. Please note: both the registration form and the Personal Account you will create are still only available in English. KYC is optional on PrimeXBT. The PrimeXBT affiliate program allows publishers to earn commissions by attracting new users to this platform through affiliate links. 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.

5 0

However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. The leading cryptocurrency comparison service. AND paid just 0,01% for that LOL. That covers the products, but a good selection of products and features may not mean much if the platform is deplorable, so let’s cover user friendliness. 01%, and the taker fee is 0. Additionally, PrimeXBT offers access to Bitcoin options trading, which is an attractive feature for traders looking for more sophisticated financial instruments. We may receive a commission for purchases made through these links. Therefore, you must avoid a margin call at all costs. We’re glad to hear that you’ve found a leverage level that you’re comfortable with and that it has helped you capitalize on the recent market movements. I found PrimeXBT’s trading accounts quite affordable, given that they have no actual deposit requirement $10 is the lowest possible deposit.

Bernd K

Visit PrimeXBT to find out more about the different account types available and chose the one which suites you most. Be sure you fully understand the risks involved in leveraged trading before using leverage on a live account. The copy trading offered on PrimeXBT has been growing in popularity, attracting some talented traders to the platform. PrimeXBT also makes use of the liquidity provided by larger exchanges and market makers in the industry. Subscription request. The biggest weaknesses of PrimeXBT as a crypto exchange are the lack of crypto assets and the fact there is no Spot trading. Something that you may have noticed is that PrimeXBT does not require any forms of identification when you sign up. PrimeXBT enhances user security through measures such as. 🔗 Dive into PrimeXBT today and unleash your trading potential. PrimeXBT and Binance are two of the leading platforms in the cryptocurrency trading industry. Changing leverage allows you to control risk, optimize returns, adapt to market conditions, and customize your trading strategy. 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. PrimeXBT agrees to provide services subject to the client not being a user or a resident of a restricted country, which includes. Please adhere to our Community Policy for writing reviews.

2 5

PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. Comments: Limited technical analysis tools. Users will receive a confirmation once their transaction is approved. Information regarding past performance is not a reliable indicator of future performance. Here’s how to find and take advantage of these bonuses. Navigation was intuitive, with all the essential tools and indicators just a click away. PrimeXBT takes the safety and security of its clients very seriously. They are the catalyst of low trading costs at a time users are sick of getting burned by high trading fees on platforms like Coinbase. Receive the latest news and stay informed. Margin trading crypto works just like in other financial markets – a trader borrows money from his or her broker in order to fund a crypto trading position. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. The app also supports copy trading and includes a live chat feature for direct communication with customer support. Initially, I found it challenging to commence trading via the copy trading module. PrimeXBT manages to provide all you will need to complete your cryptocurrency transactions. We respect your privacy while trading digital currencies which is why we do not require our clients to undergo KYC procedures, exposing personal information. This deal, ” Savvy customers will not miss a discount of 50% thanks to the Primexbt deal. Solana SOL: Positioning itself as a scalable blockchain platform for decentralized applications, Solana has drawn notice for its high throughput and low transaction fees. We respect your privacy while trading digital currencies which is why we do not require our clients to undergo KYC procedures, exposing personal information. This can be appealing if you believe the price of the Crypto will rise. The trading platform of PrimeXBT is furnished with sophisticated technical analysis instruments, such as various chart formats, technical indicators, and drawing instruments. However, the absence of custom price alerts was a notable drawback. Additionally, PrimeXBT supports third party payment providers such as Volet and Perfect Money. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits.

Worse

PrimeXBT has a free economic calendar and publishes regular market breakdowns and weekly outlooks. To trade instantly on PrimeXBT, log in, ensure sufficient funds, select a market, set parameters, and execute your trade with a market order. PrimeXBT shall not be responsible for withholding, collecting, reporting, paying, settling and/or remitting any taxes including, but not limited to, any income, capital gains, sales, value added or similar tax which may arise from Your participation in trading with margin. When you look at the benefits of margin you should be aware that they can offer significant gains over what would normally be the case, but at the same time, if you are not careful with the amount of margin that you take out, you may find yourself on the losing end of a much bigger than anticipated trade. I like the exchange notification and notes whenever I open the software. Below are a few more things to consider. For a comprehensive overview of your transaction history, you can also navigate to the “History” section within the app. We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT. As for cancellation, withdrawals can typically be canceled only if they are still being processed and have not yet been confirmed on the blockchain. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. If the app is unavailable in your region, you can still access it through direct download from our site. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The benefits claimed by the developers of the platform are. Save my name, email, and website in this browser for the next time I comment. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Exchanges work by pairing people on the opposite sides of a trade. This platform has low maker/taker fees with flexible funding rates. In this scenario, a 10% price increase would yield a $500 profit. BitMEX, on the other hand, is known for its sophisticated interface designed for experienced traders. Aside from the trading interface, Bybit is quite nice to use in terms of navigation. If Bitcoin drops $100, the value of the account drops the same. No more fomo or other psychological rollercoasters needed. However, the broker’s instruments offering is rather limited, and PrimeXBT does not offer any alternative to its proprietary trading platform. Wide range of margin options. Only for verified users.

Open free account

Finally, people will ask, “Should I invest in Ethereum. Additionally, the exchange provides a user friendly interface and robust security features, including cold wallet storage and two factor authentication. A rug pull is a scam in the cryptocurrency industry, during which a fraudulent developer attracts investors to a project and then abandons it, leaving buyers with a worthless asset. Market Price and Order Entry. So, why is this arguably the number one bitcoin margin platform. I’ll post what I find. Mostly there are also higher fees for deposits and withdrawals. Blockchain is a public digital ledger that preserves all the transaction data. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. Thanks to the TradingView integration, it offers more customization and charting functionality.

Open free account

The trading platform’s UI and intuitiveness are other things one should consider while deciding on the exchange. Another strategy is to leverage the tools and features offered by PrimeXBT. To provide a clear understanding of the different withdrawal methods available on PrimeXBT, the table below compares the key features and benefits of each method. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide. However, this goes even higher to a maximum leverage of 200x for BTC and ETH margin trades which is higher than Binance , Bybit, and Phemex based on our reviews. The cryptocurrency market is notorious for volatility. The good news is that it is quite easy to avoid a margin call, with just a bit of caution and common sense. They also do not offer any downloadable PC client program to trade on, the platform is browser based only. Is staking crypto passive income. Examples include the equitable distribution of non fungible tokens NFTs, gamification of personal savings, and adjustments to Cryptocurrency token supplies. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Ultimately, the Exness Demo Account goes beyond simulation; it’s a gateway to becoming a proficient and successful trader in the ever evolving world of finance. TIP: Check out Coin Bureau’s PrimeXBT vs OKX Analysis. Is PrimeXBT Legit and Safe. Hold your investments in a cryptocurrency exchange, custodian, or digital wallet until you’re ready to sell, making crypto trading a strategic and flexible endeavor. 2024 00343, having its registered office address at PKF Corporate Services Ltd.