▷ PrimeXBT Reviews and Ratings 2024

Like other crypto exchanges, PrimeXBT has its platform through which you can trade. Be sure to consider how to protect yourself from fraudsters who see cryptocurrencies as an opportunity to bilk investors. Binance, despite its market leader position, could be at risk of the same fate as FTX. When buying, you will get the Ask price; when selling, you will get the Bid price. You have the convenient control to manage your account no matter where you are. You can also set Protection orders for any existing position by double clicking the position where you want to add Protection order. Simulation trading is good for honing skills, however, it does mitigate the fear and greed aspect of trading somewhat as there is no risk of loss, or potential for gain, and only trading with real money can bring that aspect to the fire for traders. PrimeXBT support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply. The large commercial and investment banks do most of the trading in the Forex markets on behalf of clients.

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PrimeXBT Trading’s Post

The world’s foreign exchange market is undoubtedly the largest one there is, and PrimeXBT offers some of the most recognizable currencies from countries such as the UK, the US, Australia, Canada, and so forth. With PrimeXBT, traders are not restricted to only being able to trade crypto assets https://primexbt-trades.com/ as is the case with many other crypto trading platforms. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. The Rock Trading provides end to end solutions designed for Web App. The default is 5 minutes, but you can also choose 1, 15, or 30 minutes; 1, 2, or 4 hours; or 1 day, week, or month. The more generous it is, the bigger your bonus will be. Simply put, higher leverage means that the liquidation price will be closer to your entry price, which is riskier. Make sure to read our list of the lowest fee bitcoin exchange in the world. PrimeXBT is the sole arbiter of these Promo campaign rules and conditions and any other issue arising under Promo campaigns. Customers can fund their accounts by depositing via bank card or bank transfer. Alternatively, you can deposit and withdraw Tether USD USDT and USD Coin USDC using ERC20, BEP20 and TRC20 networks. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. Claim up to $7,000 in Bonus. Visit PrimeXBT Platform and get 35% on Your First Deposit. The capability of Polkadot to facilitate cross chain asset transfers and communication is one of its primary characteristics.

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Review Methodology

Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. This fee is relatively standard in the industry, covering the transaction costs on the blockchain. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. It will show up under their respective taps. For Cryptocurrency traders, PrimeXBT offers industry leading functionality. You will eventually close to trade, either via your stop loss being hit for a loss, or you will take profit either manually or with what is known as a limit order. Overnight Financing is incurred any time a position is carried into a new trading day, at 00:00 UTC. Introduce clients and Get up to $1,250. We understand the importance of regulations, both national and international, to securing the safety of our clients’ financial activities. At PrimeXBT, the markets are not just avenues; they’re gateways to a world of financial possibilities. Bybit has become such a reputable crypto exchange that they have attracted institutional investors and professional firms as well as retail traders, despite the fact that they are unregulated. I can even customize it which helps me execute trades smoothly. You can open max position of 2 BTC. This is a multi faceted platform that not only functions in the crypto space, but also allows people to trade traditional assets, such as stocks, forex, and commodities. Information on the TradersUnion. Learn more about Baksta’s Legal Terms. Looking for a Service. Please check the promo campaign rules;. We believe that traders should focus on trading opportunities rather than on costs. PrimeXBT is a crypto only trading platform, so you have to deposit cryptocurrency to fund your account. Please, we’ve had enough of this type of marketing.

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Polygon employs a unique technology called Plasma to process transactions off the Ethereum main chain Layer 1 and then batch them for finalisation on Ethereum. A keyadvantage of PrimeXBT is its extensive range of tradable assets. After that, place stop loss orders and limit orders. I did not lose 6$ , you claim of giving 1/100 leverage but I should not use it 1/100 because the very second price goes bad for even 1 cent you take it all. DO NOT HAVE ANYTHING TO DO WITH THESE TWO COMPANIES. Looking for a Service. Now, if you click “Long” or “Short”, you can enter a take profit and a stop loss level, and when you press “Confirm” in the bottom right corner, your market order will be executed and your take profit and stop loss levels will enter the order book as conditional orders that will trigger automatically if the price meets that level. Best regards,The PrimeXBT Team. The crypto exchange puts a lot of focus on technological development, creating sleek trading platforms and copy trading tools. PrimeXBT is an award winning platform that allows you to trade global markets with Bitcoin. You might also like: PrimeXBT Fees and Spreads. That said, many users believe that KuCoin is one of the simpler exchanges on the current market. The broker essentially runs risk free trading tournaments using a virtual bankroll, with cash prizes up for grabs. Because PrimeXBT offers leveraged trading, you don’t need to put up the full value of this trade. Investors were left in shock, wondering why Cardano was going up. At PrimeXBT we employ both Cross margin and Isolated margin systems. Please note, some markets may only be available via CFDs or other derivatives. The trading interface on Bybit is quite standard in comparison to what you will find on many of the top tier exchanges as it has proven to provide a great trading experience with loads of functionality. However, most of the exchanges in the list above allow the creation of completely anonymous accounts on their platforms. There are several things you can do with or around the cryptocurrency industry. Copy trading is a feature that allows traders to automatically copy the trades of other traders on the platform.

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CoinCodex’s Prediction

Virtual Asset Trading License: HK SFC. When executing additional positions with the same instrument, they are added or reduced to/from the initial position opened regardless of their direction Buy or Sell. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. Click the blue ‘Add details’ button to add and confirm your payment details, and follow the on screen instructions. This can be done by generating an Account Statement on the ‘Reports’ page. At the first sight, it seems that there are some exchanges offering more opportunities in the crypto world. Best Platform for Online Trading. 05% for Cryptocurrencies. Get PrimeXBT and Covesting today. Via the Trade page, PrimeXBT provides details on. Apart from that, Cardano is one of the most popular Proof of Stake cryptocurrencies available. Claim up to $7,000 in Bonus. Recent years have seen PrimeXBT pick up awards for things like Best Crypto and Forex Broker, as well as Best Platform for Margin Trading, and it’s easy to see why. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. Web: epdzTwitter: rimeXBT.

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4 You Choose

It is also a great way for experienced traders to earn some extra income from other traders. During the raging bull market of 2013, Bitcoin price suffered a 76% pullback before reaching its high for the cycle. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page. Doing a SHIB price prediction is very difficult as the crypto world in general is going through a lot of “growing pains” currently. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. To view or add a comment, sign in. You can also easily create and import your own custom tools, indicators, and EA on the platform. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. The exact leverage that users will be allowed for the position will depend on the type of asset that they are trading as well as the size of the position that they are taking on. I am not truly excited by the primexbt platform, but it has its own distinctive traits that is a fact. Fast execution times and high leverage rates help give PrimeXBT an advantage, though its customer support could be improved.

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217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. If your bank account suddenly received millions of USD from an unknown source, they’d be more likely to freeze the funds than if they could confirm that the value came from your crypto exchange account. PrimeXBT is not the only online platform where you can trade Brent Crude. In contrast, OKX fees follow a tiered system and also distinguish between regular and VIP traders. PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. Regular tests and check ups by the technical team. It appears to have a lot of the same functionality that you have on the desktop platform. Users can deposit, withdraw, exchange, and transfer Crypto. There are two methods of trading with PrimeXBT. How to Use, Trade and Sign Up to ByBit Exchange Bybit is a cryptocurrency derivatives exchange headquartered in Singapore. Many platforms have competitive fees these days, so it may come down to which platforms or exchanges offer the greatest discount on fees for loyal or active users. Lastly, when it comes to withdrawals, PrimeXBT is one of the few exchanges that require a mandatory white labelling of Bitcoin addresses.

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Buy Cryptocurrencies

PrimeXBT offers both options, which allows traders to profit in any kind of market condition irrespective of whether they’re rising, falling or even moving sideways. If you want reliable, worldwide access to global markets, from anywhere at any time, download the free PrimeXBT mobile app for iOS and Android devices today. There is a reasonable withdrawal fee of 0. It also offers you a great way to speculate on the price movements of indices like the SandP 500, commodities like gold, silver and oil, as well as currency pairings such as the US dollar against the euro and so on. Coinbase is a public US company and offers transparency into its industry leading security along with its brand reputation, while PrimeXBT is not regulated and US users cannot use it. All account deletion/cancellation requests are processed by the PrimeXBT support team via live chat or by email at. We strongly recommend enabling 2FA on your email account. In order to claim the bonus, the following conditions must be fulfilled navigate to the icon to additionally review the conditions. This limit can be removed by verifying your account. Additionally you can click the blue ‘Verify button to verify your account and lift the daily withdrawal limit. Each time you open and close a position. Com use credible sources to support their work. BNB Smart Chain network BSC for BEP 20 tokens. However, the fees for ETH, USDT, USDC, and COV withdrawals may vary depending on the network used. Check if the coupon is applicable for your purchase. This covers a step by step approach to leverage tarding for beginners. 4️⃣ Copy the deposit Wallet address. Via the Fees and Conditions page, users can view trading fees across the Global Markets, Crypto Futures, and Copy Trading products. PrimeXBT has traders from over 150 different countries. The first step is to select the wallet you wish to deposit in. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Though CFDs are preferable tradeable instruments for some traders. This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions. Forex Traders on Social Media. 1% of the required capital in order to take out that position. Satrix40 STX40Alt X IndexWall Street Index DJIAFTSE 100 Index UKDAX Index GermanyNikkei Index Japan.

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COV staking on PrimeXBT offers benefits for users who participate in the Covesting modules: followers of copy trading strategies, strategy managers, and users of the PrimeXBT Yield accounts. Please login to start commenting. All pending withdrawals are processed once a day, between 12:00 and 14:00 UTC. 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. This means that they are kept in a secure offline environment away from an internet connection and the threat of potential hackers. PrimeXBT is often featured by world class media outlets. If you forgot or lost the password from your account, you can proceed to the ‘Password Recovery’ page. Select the trading account where you wish to transfer the funds. These contests offer participants the chance to showcase their skills, compete for attractive rewards, and practice trading with demo funds. You also have pretty extensive order options which is more than we have seen on other trading mobile apps. Be sure to take note of the code and save it in a secure location to back up access to the account. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. In addition to direct support, PrimeXBT offers an online Help Center with FAQs and an education portal with guides. PrimeXBT clients can trade in cryptocurrencies 24/7, as the markets do not close, although it should be noted that overnight swaps will still be charged for positions held open past 23:59 UTC. Alternatively you can select the ‘Cancel’ option to cancel the order and request a refund. A forex broker acts as an intermediary between traders and the forex market. Your insights help us improve. The 24 hour trading volume amounts to $9221891826 USD. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Inherent risks associated with leverage trading, requiring caution and risk management. Thus, it allows traders to amplify their positions and potentially increase their profits.

Web3 Evangelist

The primary difference between Bitcoin CFDs and Bitcoin futures, is the term tied to each contract. In a sense, part of “growing up” for crypto has been that the behavior of the market has switched to a much more traditional correlation. You can’t become a victim of targeted hacking if no one can identify you. 7376 in May 2021, but then the asset fell into a long term downtrend where the future outlook was extremely bearish. Equity: reflects Balance + Unrealized P/L from all open positions. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. However, if you are looking for more opportunities, a CFD broker like PrimeXBT is the way to go.


In this PrimeXBT Crypto Futures review, I will examine what exactly these individuals look for in an exchange, and whether PrimeXBT is able to offer it to them. This means, are you looking to make money immediately. Step 4: You will now see a box open that asks you to enter an amount, order type, and price. Copy the best performing traders and get same returns. PrimeXBT does not currently hold a license with a reputable regulatory agency. Now press “Create account”. The platform was designed for simplicity and speed, allowing users to get in and out of trades quickly and within just a few clicks, while still being provided with full details on potential PnL. With the Covesting module, traders can copy the trading strategies of experienced traders on the platform and potentially earn profits. You’ll need to withdraw your profits in Bitcoin. User PrimeXBT Crypto Futures reviews talk about the platform having a x200 leverage it’s something that I’ve discussed earlier, as well. Disclaimer: These are the writer’s opinions and should not be considered investment advice. 5 BTC position it would amount to 50x leverage against your Equity, and so on. These products are not suitable for all investors. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Price Spread or Bid Ask spread is the difference between the Bid and the Ask price of an asset. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges and wallets in one place. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Established in 2018, PrimeXBT Trading Services Ltd PrimeXBT has emerged as a versatile online exchange platform, catering to diverse trading needs in Commodities, Cryptocurrencies, Forex, and Indices. Last but not least was Moon Soon, with 126% profits in only one short week of trading activity. For forex and commodity trading the limits are much higher and you can trade with up to 1:1000 leverage.