What is PrimeXBT and what does it offer?

Combined with competitive trading fees, PrimeXBT is an attractive choice for traders looking to optimize their trading performance. Bybit has done a pretty good job here, offering early access to NFTs from popular creators. Volet deposits are free, while Perfect Money charges a 1. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. This guide will help beginners identify and avoid potential primexbt com risks when selecting a cryptocurrency exchange. If you have any questions as you begin trading or need further assistance, please don’t hesitate to contact us at. This post includes affiliate links with our partners who may compensate us. Swing trading is a medium timeframe trading strategy, typically lasting days to weeks, potentially a couple of months depending on the market conditions and trading range.

Top 10 Most Popular Cryptocurrencies In 2025: Bitcoin, Altcoins, And More

PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. For US residents, ProBit does not specifically state services are restricted for US investors however, some products may be unavailable. The difference between its 2018 price and 2023 is a staggering 4790%. Once your account is set up and funded, you can start exploring PrimeXBT’s trading features and tools. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. Dear Mustafa,We’re thrilled to hear that our blog and price prediction tools are valuable resources for managing your trading effectively. We’ve got you covered with access to 100+ global markets on one platform. Instead, there is only one account providing all the broker’s services with no limits based on deposit size and trading volume. 003046 by February 13th, but soon found itself back in the $0. There’s no KYC, and at no point will Uniswap ask for your personal details. Once signed up, traders can access a wealth of trading tools as well as more than 50 different assets, all under one roof. Bybit, headquartered in Dubai, caters to experienced traders around the world, excluding the US, and is renowned for providing impressive leverage of up to 100x. There is nothing worse than going through all the research, KYC verification, sign up process etc. PrimeXBT has published over 350 educational articles on its website, which are free to access. Their rewar system,i have gotten $500 reward just by depositing 1000 USD,and someother activities also got 160 D and altogether have gotten 6660$. Advanced trading concepts can be confusing for beginners. If you speculate with 1 bitcoin that XRP price will surge against BTC in 24 hours and it does increase by 10%, you’d make a profit of 0. Divulging how many coins you own can make you a target of hackers and identity thieves. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. Additionally, choosing the right time to enter and exit trades can help minimize costs. Com promo codes are legitimate. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. 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. Swing trading is a short term to medium term trading style. Yes, using the in wallet exchange feature, you can exchange BTC, ETH, USDT and USDC amongst each other, directly in your PrimeXBT account. This causes a slight delay in funds being available in the account.

◾️Can I see a detailed report of all trading activity on my account?

The primary differences in cryptocurrencies like Ripple versus Bitcoin, is that XRP, the native token to the Ripple protocol, is a centralized coin. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Mon Coaching Séduction. To achieve this, we evaluate the availability of the necessary features and tools. That’s why we offer some of the lowest fees on the market. Active users across the world. Best regards,The PrimeXBT Team. But unfortunately i received bonus of only 2 referals and they say my 3rd referal have not met the condition, and when i tell them i gave u proofs they always say your referal not met condition. Very High Triple A rating by Certified. Click Download and confirm the file download if you see a warning. My experience with PrimeXBT’s customer support was mixed. Studying these materials could be an immersive learning experience for aspiring traders. Futures and conventional derivatives, CFDs. With the new year officially underway, we’re looking back at the last month of 2024, thrilled by the fact that. This growth was influenced by significant factors such as PayPal’s adoption of Litecoin and the overall growth of the crypto market. LINK is the native token for the Chainlink network; it is built on the Ethereum platform, making them compliant with its protocols. 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. Similarly, a position of $100 would require only $0. Create a support ticket by email. According to an IOHK blog post: “The Vasil upgrade will bring increased functionality, performance, scalability and interoperability to Cardano through new features and improvements. 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. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. Our user friendly platform features advanced charts and tools, to help you make informed trading decisions. Our Editorial Team consists of leading experts with a proven record in the fields of trading, cryptocurrencies, blockchain and finance. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. Key factors that influence this performance include execution efficiency and order fulfillment, leverage and margin capabilities, and the unique feature of copy trading, part of the Covesting module. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and are not intended for UK consumers. Here are the most important factors to keep in mind.

Deposits and Withdrawals

2️⃣ For a short period of time on June 11th, 2022 there was an offer of $5 for account verification in Reward center. Next, we will explore the various benefits of Covesting on PrimeXBT. It is possible to manage the copy trading settings of each trader, as well as to stop copying his trades, using the “Manage copy trades” menu. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. With that in mind, if we do start to see real world adoption, then crypto has a chance. However, I noticed it can take a bit longer to withdraw funds compared to other platforms. Short selling Shiba Inu means that you are betting the price of Shiba Inu will fall over time. You can calculate how much interest you’ll pay or earn when keeping a position open overnight by using the formulas below. Note ✍️: Be sure to read the TandCs that apply to this as well as what is acceptable promotion and what is outlawed. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. The withdrawal process on PrimeXBT typically takes between 24 to 48 hours. PrimeXBT does not support direct deposits via bank cards.

Step 2 – Access the Bot Connection Interface

Educational Purpose Only: The materials provided by EA Trading Academy, including all videos, are intended solely for educational and informational purposes and are not to be interpreted as trading advice. We personally contact support using all available methods and present hypothetical problems that users might face. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Higher liquidity typically leads to more stable prices and reduced volatility, which is beneficial for all market participants. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation. 2 Turbo statistics bar – on the left side of the ‘Turbo’ page, reflects prediction position statistics and activity. Keep reading to find out who the rising star is. Among the advantages, we should also note that deposits and withdrawals in both cryptocurrency and fiat are currently available. By strategically using margin, you can potentially magnify your returns in a rising market. Reply from PrimeXBT Copy Trading. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network. However, conditions are regularly updated, so it is best to check with customer support for the most current information regarding the support of your required fiat currency. Review collected by and hosted on G2. They will either increase the monetary supply or decrease it. Are you planning short term swing trades or long term investments. However, it’s crucial to remember that this power comes with amplified risks, leverage can also exacerbate losses if the market moves against you. Lucia, while Prime Technology Ltd, which is the technical provider for the PrimeXBT platform, is registered in Seychelles. There is a lot of information available to foreign currency traders and it is difficult to decipher what is fake and what is legit. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. Access it on SaaS, iOS and Android through their purpose built app. It is not only individuals who are interested in them, using them, and investing in them, it is also retailers that are now happy to receive them. Step 2: Press the Login Primexbt button at the bottom of your screen. On the main page of the platform, you can access the trading interface, which displays various markets, trading pairs, and real time charts. Prime XBT Blog Has Moved To — primexbt. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. It’s the most valuable resource we have. YOU SHALL CHECK YOUR APPLICABLE LAW AND BE FULLY RESPONSIBLE FOR ANY NEGATIVE IMPACT ARISEN FROM YOUR RESIDENCE COUNTRY REGULATIONS. That means you can not send your PrimeXBT profits back to your bank account and you must use a third party crypto to FIAT withdrawal service.

You should know

PrimeXBT operates three entities. BitSeven does not support fiat currency deposits/withdrawals. Virtual Assets are high risk products, highly volatile, with fluctuating values. We’ll definitely take this feedback on board as we continue to improve the platform. So for now, we are watching this $0. It serves clients in over 150 countries and has over 100 trading assets available. The approved ETFs include products from major firms such as BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin. Crypto Deposits: PrimeXBT offers free crypto deposits. Data provided by these calculators is solely for informational purposes and reliance on this may lead to losses. Add funds to your account by selecting your preferred payment method. Below is an example of a futures contract on PrimeXBT. In PrimeXBT, traders have access to contracts for the price difference of various market assets including popular cryptocurrencies. This trading strategy focuses on analysing the support and resistance levels. Trading Fees: The platform charges a flat trading fee of 0. By understanding these factors, traders can make informed decisions about their trading activities and ensure compliance with local laws. If you have further concerns or suggestions, please don’t hesitate to reach out at. PrimeXBT – Why the Time for Leverage Crypto Trading is Now. The benefits claimed by the developers of the platform are. Elections, the cryptocurrency market is set for a prolonged period of heightened volatility. The broker also provides social and copy trading services. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Please feel free to contact us directly at , and we’ll ensure your concerns are reviewed thoroughly.

How does trading CFDs using leverage work?

01 BTC, which is ten times the PrimeXBT’s. If you meet the geographic requirements, you can start by making a PrimeXBT account and depositing cryptocurrency; it supports BTC, ETH, USDT, USDC, and COV. In this article, we will explore all aspects of PrimeXBT fees, including trading fees, withdrawal fees, and other charges. This is because the actual login page should have a secure padlock in the browser. While PrimeXBT’s daily processing schedule lays the groundwork, other variables can impact how fast you see funds in your account. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. I always recommend that traders check them before evaluating the total trading costs. I conducted my testing on 17 December at around 11:58 a. The file is verified secure by PrimeXBT. Of course, even if a hacker is able to get hold of a user’s password, PrimeXBT offers two factor authentication, meaning a hacker won’t be able to access a user’s account without also having a user’s 2FA code. It has gained popularity for its crypto margin trading capabilities. The attention to detail is evident in every aspect, from the seamless integration of components to the thoughtfully placed buttons and controls. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Let’s explore margin trading with an example. Receive the latest news and stay informed. Best regards,The PrimeXBT Team. We’re glad to hear that you find the crypto options, including Bitcoin futures, on PrimeXBT exciting and fitting for your trading needs. With a margin account, it is wise to deposit more capital than the position size the user intends to take, so in this example, a trader would want to deposit more than $100 to allow for the market to move against the position – at least initially, even though the position itself will only be $100 worth. The best and most successful traders apply risk management to even their short term trading strategies, ensuring profitability and preventing losses that can lead to significant setbacks. Yes, ETH can be shorted with leverage. The broker provides a short term loan to enable traders to benefit from larger position sizes. Bu site çerezleri kullanmaktadır. Bybit also provides educational resources and tutorials to help new users get started with trading. Test it out with a demo account using virtual funds. 2024 00343, having its registered office address at PKF Corporate Services Ltd. 071 USDT in trading fees. PrimeXBT relies on various security protocols to guarantee the protection of customer funds and information. But, they don’t have live chat support right now. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

CiscoPantaleon

Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. This is better than the other futures exchanges such as BitMEX for example. For Shiba Inu to reach $10, the entire market capitalisation would have to be ten quadrillion dollars. However, depositing or withdrawing fiat currency will require KYC identity verification. However, without a solid grasp of the basics, navigating the complexities of the Stock market can be overwhelming. This highlights the need for cautious margin use. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. However, it’s crucial to remember that this power comes with amplified risks, leverage can also exacerbate losses if the market moves against you. Virtual Assets are high risk products, highly volatile, with fluctuating values. Leverage allows you to borrow capital from your exchange to increase your investment ability. There are also custodial trading subaccounts for users who want to entrust their funds to a professional trading team. CryptoNewsZ predicts that XRP could rise to as high as $0. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. As such, you might find yourself paying a little extra to scrape some COV tokens from the shallow order books on these exchanges. It can also be privately received from another user. There isn’t a dedicated PC app, but the platform can be accessed via any web browser. It will also help you identify if you have accidentally landed on a phishing site of some sort. ” The trader certainly would not have an issue paying a little less if they can. A smart contract is a software program that is coded on the blockchain. The Bitcoin Cash fork in 2017 helped drive Bitcoin price to all time highs and take the rest of the crypto market with it. The advent of online trading platforms has significantly transformed the way people engage in trading financial instruments. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. Well, as an experienced crypto enthusiast, I understand that predicting the exact time when Cardano’s price will increase is a challenging task. 99% fee, not PrimeXBT.

Contents

The platform provides a suite of drawing tools, including trend lines and Fibonacci retracement, as well as various chart types like candlestick, bar, and line charts. Note ✍️: Be sure to read the TandCs that apply to this as well as what is acceptable promotion and what is outlawed. Since PrimeXBT is solely a derivatives trading platform and does not offer spot trading, it has not been reviewed by many of the trusted ranking websites we typically rely on. Also the availability of advanced trading tools and features, such as charting capabilities and risk management options and the customer service as well , has also a big plus for me. 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. Promo codes can significantly reduce trading costs on PrimeXBT, but their impact varies depending on the type of code and how it is used. PrimeXBT has 24/7 customer service via live chat. It is not something that you have to do, just something that you are able to do should you choose to. While this is typically secure, it’s important to check what permissions the API has. Evaluating your investment objectives, level of experience, and risk tolerance is important when considering whether to trade foreign exchange. It is imperative that you understand the risks involved and understand that there is a reward for those who use it properly. Scan the QR code with your device’s camera and get APK file. Liquidity risk is the risk that you or your followed traders are unable to close a trade at a certain price, within a reasonable amount of time. This month, the Federal Reserve surprised market participants by enacting a 50 basis point rate cut, reducing the interest rate from 5. Dear Chandra,Thank you for your wonderful feedback.