PrimeXBT Review

After all, gold has a much longer history than cryptocurrency as a store of value, and price fluctuations are easier to understand due to its long history. PrimeXBT 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. Cryptocurrency related services in Prime XBT are offered by Lithuanian based company Baksta UAB, registered by the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The promise of Ethereum is massive, but its delivery thus far has been poor. The price not only crossed the ascending support of the channel up but also the MA200 on the 4H chart. Depending on if the trader wants to buy or sell will determine if they are write or hold an option. What Makes EUR/USD the Most Traded Currency Pair. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The file is verified secure by PrimeXBT. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Note, the program is exclusive to PrimeXBT accounts. We aim to provide competitive rates, and we’re happy you find our trading fees and swap rates to be the best deals. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. 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. Create a support ticket by email. Com hosts several sale events throughout the year. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Primexbt offers a number of high quality items for affordable prices. This website is owned by PrimeXBT PTY LTD. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. The Launchpad on Bybit is a fairly new addition and is Bybit’s move to remain competitive as more exchanges continue to launch their own launchpad products. Something that we found particularly impressive about the app is that you can customise your layout to suit your trading preferences. Learn more about Baksta’s Legal Terms. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders.

Apply These 5 Secret Techniques To Improve Start Trading On PrimeXBT

There are different types of leveraged tokens, but generally, they aim to deliver a return that is a multiple of the underlying asset’s performance over a specific period. Enjoy up to 7% discount on your deposit with this coupon from PrimeXBT. Markets are often extremely volatile during important news releases, such as monetary policy decisions on non farm payrolls. The community comprises the users of the underlying network, token holders and other people that generally support the project. After filling in the fields, click on the button to confirm registration. Choose your currencies and amount below, and click ‘Calculate’. Its benefits make MEXC one of the best alternatives to Bybit for traders. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. But, the platform focuses on major assets, ensuring trading is liquid and stable. Automated trading is not permitted on PrimeXBT’s trading platform. For instance, 10x leverage allows for even more significant gains compared to 5x leverage. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Visit our Help https://primexbt-profit.com/ Centre. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. 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. As a CFD exchange, it allows trading in various markets such as cryptocurrencies, stocks, commodities, and indices from a single platform, appealing to both beginners and seasoned traders. DOGE typically increases when the cryptocurrency market is expected to do well. It’s always a good idea to check the terms of service for any platform you consider to ensure you’re operating within legal bounds. This section will provide practical tips for optimizing your trading strategy and achieving your trading goals on PrimeXBT. At this point, the price will retreat to the trendline. Dogecoin also had the issue that it is one of many seemingly endless cryptos trying to grab your attention. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. Even beginners can open an account and load it with Bitcoin BTC or other crypto assets in minutes. Leverage trading amplifies both profits and losses.

PrimeXBT Security

The uptrend line is holding things up, showing that it might be possible that traders will take advantage of “cheap Cardano. Very easy to use as a new trader. Visit now to find the answers you need. The primary advantage of margin trading is the potential to realize more significant gains due to the increased trading power. With its global reach, it’s available in over 150 countries. Coinbase is a cryptocurrency broker based in United States that launched its service in and offers individuals to buy and sell more than 66 cryptocurrencies. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Some traders will adjust the trade along the way, thereby ending up with a different target than when they started the position. Understanding these fee differences can help traders choose the most cost effective order type for their specific trading scenarios. This guide aims to walk you through the reasons why Ethereum is a good investment, how you can invest in Ethereum, how to buy Ethereum and make profits on short term fluctuations, explain all the pros and cons of Ethereum investing, and more. 1 pips when trading CFDs. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Hope all your problems will be solved. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the “My Strategies” area of the platform. If you do not want to use bitcoin directly but want to have exposure to both bitcoin and oil on the same trading platform that is also possible at several brokers who are offering fiat payment options as a deposit. It’s good to see you. Few had heard of the futuristic financial technology, and even fewer understood it. This support team will address any issues that you might come across on the webpage or while you are using the trading platform itself. On the other hand, PlutoChain $PLUTO could address critical gaps in blockchain technology, and offer faster transactions, lower fees, and better cross chain compatibility. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT has developed its own trading platform with advanced charting capabilities powered by TradingView. The file is verified secure by PrimeXBT. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. But, the platform focuses on major assets, ensuring trading is liquid and stable. The lack of regulation is one drawback, which has a knock on effect in the form of a restriction on US and Canadian users. As explained earlier, leverage and margin trading amplifies both your profits and losses. To achieve this, we evaluate the availability of the necessary features and tools.

Categories

XLM, an altcoin trading under the symbol XLM, gained popularity during the 2017 crypto hype bubble and rose to become. Once your deposit has been successfully processed, you will receive a notification on the PrimeXBT platform, and the amount will be reflected in your account’s “Wallet” section. Enjoy real time prices, technical indicators, drawing tools, without the need to switch platforms. The company has developed its own trading terminal, called PrimeXBT, with a built in function for copying trades; and there are browser and mobile versions. 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. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I opened this long position with a tight stop loss. The Launchpad on Bybit is a fairly new addition and is Bybit’s move to remain competitive as more exchanges continue to launch their own launchpad products. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities.

Where is PrimeXBT legal?

Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Market Search: The dedicated “Markets” page allows you to quickly search for available markets, with filters for popular markets, forex, indices, commodities, and cryptos. Aside from that, you need to only learn enough to get started, and make a small initial deposit on a Cryptocurrency exchange platform of your choosing. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. We’re thrilled to hear you find our platform user friendly and and like the speed of our services. For crypto traders who want to access Earn products and copy trading, and for serious crypto traders, then Bybit is the superior platform. PrimeXBT offers leveraged trading of up to 100x on some assets. For example I use Bitsgap bot to trade on futures It’s easier to get passive income, so can I connect it to Prime platform and use as I used before. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Explicit financial advice is also not allowed. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. It is recommended to start trading cryptocurrencies with a small amount.

Volet

Buyers are obligated to purchase the assets at the agreed upon price when the contract expires. To qualify for bonuses on PrimeXBT, users must meet certain criteria, such as having a verified account, making a minimum deposit, and entering the necessary promo codes. Compensation Fund per user. Picture a trader that believes Bitcoin’s price is poised for a surge. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Specifically, new users can receive a $100 bonus by depositing at least $500 and completing their account verification. These widgets can contain a chart, order form, trades, messages etc. It can be downloaded for both Android and iOS. In conclusion, PrimeXBT is an excellent choice for crypto traders but offers limited value for those seeking to trade other asset classes. This type of trading allows you to benefit from both rising and falling markets. The platform charges a flat trading fee of 0. Review collected by and hosted on G2. Other brokers are DDing like crazy, meanwhile Primexbt is picking up the slack. If the trader were looking to sell those same shares with a limit of $12. But here, it’s applied to finances. We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT.

Trading Test

There, you can click Buy Bitcoin to purchase Bitcoin directly with your credit card or debit card, using a variety of accepted fiat currencies. We appreciate your recommendation and encourage others not to miss out on exploring these opportunities. The absence of ETFs stands out, as they would fit perfectly into the asset mix for the core trader base. Here is a look at how simple it is to be a trader or follower on Bybits copy trading platform. You can trade on OpenPeer directly from your self custody wallet like MetaMask or Trust wallet. The District of Columbia Court of Appeals has marked a date for when Grayscale and the Securities and Exchange Commission SEC may present oral arguments regarding the approval of a Bitcoin spot ETF. The trading platform is ctuting edge and there are a lot of advanced features available for efficient trading. 35% for takers and 0. So, why is this arguably the number one bitcoin margin platform.

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It’s natural to take a moment to get familiar with everything as a rookie, and we’re here to support you every step of the way. If you’ve never bought a cryptocurrency before, consider starting with a smaller amount. 05% commission applied to the raw spread. The volatility in its price is largely driven by current sentiment, regulatory changes, and competition from other Layer 2 solutions. The speed and responsiveness are truly remarkable. CFD markets are leveraged, meaning that you only need to put up a little bit of the position value to control a much bigger position. This may impact how, where and which companies / services we review and write about. Copyright © 2025 EA Trading Academy. Robinson was responsible for transaction execution, business development, strategy, finance and operations across the group. The world of margin trading is a battlefield where both triumphs and tribulations can unfold. But before doing this, be sure to independently study the technology, information about the developers and assess the risks. Some of the offers in our comparison are from third party advertisers from which we will receive compensation. 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. Required fields are marked. Note that substantial spikes in volume often accompany such market events as reversals, exhaustion moves, and sudden changes in price direction, as they tend to attract high levels of both buying and selling activity. Let’s say you’re trading with a $5,000 account and with a 100:1 leverage ratio. $20,000 or equivalent for unverified users. Even if you’ve been trading for a short amount of time, you’ve most likely came across the terms – bullish,. The Binance exchange is one of the largest cryptocurrency exchanges in the world with its headquarters in Hong Kong. Com so we can investigate this matter thoroughly and provide clarity. Day trading is quite fast paced as trades are held for minutes or hours, which requires active trade management or strict risk management rules. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. 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. BitDegree aims to uncover, simplify and share Web3 and cryptocurrency education with the masses. Once this is done, you can log back into your account and access the trading platform and the account features. Polkadot aims to create a similar environment, one that developers can use to create a dedicated product on a network meant for everything. Investing and trading aren’t the only ways to make money on PrimeXBT.

Futures Fees

On the downside, PrimeXBT lacks some essential services and features, such as swap free accounts and automated trading via Expert Advisors EAs. When using PrimeXBT, it’s essential to be aware of the different fees and commissions associated with their platform. This is optional because some traders believe and hang onto the longer term trend. Because Dogecoin has been around so long, it has a place in the Crypto space for the long haul. But what if there was a way to potentially boost your gains. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. Along with the main account, Bybit also supports subaccounts, which allow crypto traders to manage smaller separate accounts. However, the broker does not provide comprehensive market research, and some of its spreads exceed the industry average. Below is how the order page for a margin trade will look like. PrimeXBT Trading Services, S. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. We compared PrimeXBT with top competitors regarding deposit options. Depending on the offer selected, affiliates can enjoy up to 50% profit share and $2500 per referred client. The security team routinely run tests, check ups and updates to keep up to date with new potential vulnerabilities. On the other hand, there is no stop out threshold. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. This causes a slight delay in funds being available in the account. Depositing funds into your PrimeXBT account is a simple process. Making a Deposit on PrimeXBT with AdvCash. 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. For starters, the safest place for your crypto is in a non custodial, cold wallet. While this market has seen a bit of momentum, it occasionally happens, as there is no confirmed case use scenario for Dogecoin or the Dogecoin network. Given that PrimeXBT has developed a highly efficient trading engine, they are able to execute orders at below 7. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The trading of leverage offers a lot of opportunities but is to be used professionally.

Risk warning

Virtual Assets are high risk products, highly volatile, with fluctuating values. The size of the swap for long and short trading positions depends on the underlying asset. PrimeXBT is thrilled to announce that our community now exceeds 1 million registered users. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The mobile app gives traders the flexibility they need in the hectic trading environment of today by ensuring that they can access the markets and manage their accounts from any location. You also have pretty extensive order options which is more than we have seen on other trading mobile apps. 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, PrimeXBT does not offer any alternative platforms. 24 level in late March, but was unable to maintain the upward trend, falling back to $0. These numbers showcase our commitment to providing the most comprehensive and dependable promo code platform, helping shoppers save money on their online purchases. With a 24h derivatives trading volume of around $800 million, Deribit is one of the most popular cryptocurrency exchanges for leveraged trading. Non KYC exchanges may not always announce security breaches immediately, so it’s essential to stay informed. Open the downloaded file and tap Install to complete the installation.

Tomada de Posse do novo Presidente do CMCNampula Luís Madubula Giquira

While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. The platform’s adherence to KYC and AML standards where required, along with its commitment to transparency, allows users to trade confidently and securely across multiple markets. Our commitment to innovation and growth ensures that we continue to adapt and expand, providing a safe and efficient trading environment for all. These bonuses can come in various forms, such as deposit bonuses, trading credits, cashback offers, and referral rewards. Key features of PrimeXBT Copy Trading include. 01%, while on PrimeXBT, they were consistently over 0. The leverage available depends on the asset type and position size. BTC price plummeted by 78% to $15,000 in late 2022 after a series of bankruptcies and insolvencies in the cryptocurrency industry. 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. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. It is easy to top up/fund, with a friendly milieu as I follow experienced traders to copy positions. On the homepage, click “Become a partner” to go to the application site. Payments to partners are made in the same way as other withdrawals, i. Their emphasis is very thorough technical analysis that includes short term volume moves and book orders analysis. Both blockchains have seen the value of their respective tokens increase over time but drop drastically during 2022. For Direct Crypto Deposits. PrimeXBT provides traders with the ability to use leverage to maximize their trading potential. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. I look for proven returns on investment ROI. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about.

Crispus Nyaga

Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. This phenomenal growth, though not a guaranteed future outcome, highlights Ethereum’s potential for significant long term appreciation. To illustrate the potential of PrimeXBT bonuses, we will present a few case studies of traders who have successfully used these bonuses to enhance their trading performance. You can find our detailed reviews right here at Crypto Parrot. However, it’s important to note that this bonus cannot be withdrawn. Our website uses cookies. Unfortunately, as of late 2023, MEXC isn’t available for US residents. One easy to use way to store your XLM is with software wallets. A financial instrument is different from an asset, acting as a contract to settle the trade at a different price than the entry. According to CME Group’s FedWatch tool, as of May 9, there is a 97% chance of no rate cut at the Fed’s next meeting on June 11 12. Examples of major Stock exchanges include the New York Stock Exchange NYSE and the NASDAQ. This is typical of altcoins, they tend to trail the big three Cryptos. PrimeXBT is a crypto exchange that is not currently regulated or licensed, which raises safety concerns as it’s harder to ensure the safety of user funds traditional assets and transactions. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The exchange utilizes an extensive cybersecurity framework to make sure that strict measures and best practices are implemented to protect customer assets against any eventualities and threats. PrimeXBT does not charge inactivity fees, meaning there are no costs associated with maintaining an account that is not actively being used. Understanding these impacts is crucial for traders to navigate the platform effectively and ensure compliance with local laws. Contracts for difference CFDs are derivatives that speculate on the underlying asset’s price without physical ownership. While leverage can amplify profits, it also increases the risk of losses. To streamline cryptocurrency trading for newcomers, PrimeXBT introduced a copy trading module. A financial instrument is different from an asset, acting as a contract to settle the trade at a different price than the entry. 🇯🇵 Minor pairs: Pairs that do not include the USD but involve other major currencies or a mix of a major and a smaller economy currency, like EUR/GBP, AUD/JPY, and GBP/JPY. Some products and/or services might not be covered by the Compensation Fund. However, if traders are to withdraw funds from the exchange then they may have to pay an arbitrary miner fee in order to propagate the transaction these are standard across the industry. As an example; If you deposit 1 BTC, you will receive a bonus of 0. The website also contains a useful Help Centre for general queries.

Unlocked: Crypto Handbook!

Agreements that both parties may self exercate after a certain period is fulfilled. Considering how transparent and trader friendly the entire fee structure is, PrimeXBT is a more affordable choice than many other brokers. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. 90% of all price action takes place within the bands, so any breakouts of the band are usually rejected back into the bands. If you have any further feedback or need assistance, please don’t hesitate to reach out at. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. Coinpedia has a much more balanced outlook for the Polkadot price prediction over the next few years. PrimeXBT offers two retail account types: Forex and CFD and Crypto Futures. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. Gold and silver are also offered. Presence of a third party trademark does not mean that WorthEPenny has any relationship with that third party or that the third party endorses WorthEPenny or its services. There is no definitive catalyst for Ethereum to take off and start going higher. From a safety perspective, these platforms can be risky due to the lack of regulation. I can even customize it which helps me execute trades smoothly. © 2025 Nutty Scientists Santa Clara County 20830 Stevens Creek Blvd, Cupertino, CA 95014 650 383 7336. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards.

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Comments: Prime XBT earns a five star rating for its outstanding features, making it an exceptional choice for businesses looking for an effective cryptocurrency exchange solution. If it’s about the fee on PrimeXBT, I highly recommend withdrawing via USDT instead of Bitcoin. Go to Settings > Security and enable Install from Unknown Sources if prompted. Gold is an established and mature market for investable assets. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Some traders will trade just one currency pair overall, but there is a whole world of good opportunities in the Forex markets. PrimeXBT presents an interface that’s both customizable and user friendly. 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. The prices tend to fluctuate by large margins, and it is possible to lose all of your investment. Without having to contact support, this resource is helpful for quickly obtaining answers to frequently asked questions. Several experts have weighed in on the future potential of Polygon, offering a wide range of POL ex MATIC price predictions based on different factors like market trends, institutional adoption, and network developments. This increased confidence is not limited to Ethereum alone but extends to other altcoins. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. 08:30 – 11:30, 12:30 – 13:30.