R/PrimeXBT

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 is very sad because the tech behind Bitmex is not only solid and functional to the umpteenth degree but also one of the best out there. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. If you withdraw your funds from the account, any active bonus may be canceled. In the next section, we will summarize the key points discussed in this article and provide practical tips for successful short selling on PrimeXBT. If you finance your account with bitcoin, in most of the cases you can speculate on the future price of oil but the execution will happen in cash as there is no physical delivery. Before making any investment, you should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult with an independent financial advisor. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Each method has its specific constraints that traders need to consider before making a deposit. Click Download and confirm the file download if you see a warning. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. PrimeXBT offers trading with up to 1000X leverage for CFDs and up to 200X leverage for Crypto Futures and Crypto CFDs. PrimeXBT is a CFD exchange that offers a suite of trading markets, including some cryptocurrencies. PrimeXBT is a perfect match for copy traders. EA Trading Academy does not hold registration as an investment advisor, broker, or dealer. Spot trading focuses on buying and selling Crypto assets, while derivatives are usually contracts based on Cryptocurrency prices, and consist of long and short positions.

PrimeXBT No Deposit Bonus

To seize this exclusive welcome bonus offer. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. PrimeXBT supports deposits in BTC, ETH, USDT, USDC, and COV. Total Market Cap The Total Market Capitalization Market Cap is an indicator that measures the size of all the cryptocurrencies. The revamp is accompanied by a campaign simply titled “We listen”, where the Crypto broker reveals that a lot of the upgrades were inspired by client feedback. On the Daily time frame BTC has maintained it move inside the ascending channel chart pattern which is moved to the upside. PrimeXBT also offers a comprehensive mobile app available for both Android and iOS devices. Com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Lastly, when it comes to withdrawals, PrimeXBT is one of the few exchanges that require a mandatory white labelling of Bitcoin addresses. 002 ETH per transaction. Spot trading is the process of buying and selling assets with immediate execution at current market prices. Notably, there are no trust scores from CoinMarketCap and CoinGecko. Important to note: PrimeXBT features CFDs Contract for Difference trading, not Spot trading as is the case with the majority of crypto exchanges. PrimeXBT stands out as an all encompassing trading solution, offering a wide range of assets, including Cryptocurrencies, Commodities, Forex, and Indices. New User Sign Up Bonus Links:ByBit and PrimeXBT. Traders who cannot afford to spend their entire day in front of a desktop screen can rely on the PrimeXBT app to make easy orders. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities.

PrimeXBT Trading Platform

Prize winners The lucky winners. PrimeXBT is a sophisticated online trading platform that offers a range of financial instruments across multiple asset classes such as cryptocurrencies, forex foreign exchange, commodities, and stock indices. For traders with a proven track record, becoming a strategy manager can be a great way to earn some extra income as well. However, the PrimeXBT support team explains this by security requirements: the exchange team checks every transaction for risk scoring, money laundering, and suspicious trading activity. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Customer support is available 24/7 through live chat and email. PrimeXBT is a perfect match for copy traders. PrimeXBT guarantees traders can operate with low expenses by offering tight and competitive spreads on a range of assets. Known for its low fees and staking opportunities with its utility token, PROB, ProBit is also one of the largest platforms for Initial Exchange Offerings IEOs. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. If you want to copy someone else’s trades. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. We are here to assist you. In addition, investors from certain countries, including Japan, Canada, and Turkey, are also restricted from using the platform. Disclosure: We may use some affiliate links in our content. Free $10,000 Practice Account. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Watch out for common margin trading errors like over leveraging and emotional trading. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. At this point, Shiba Inu is so speculative that it’s hard to tell if it will even exist in 2030. The importance of Technical Analysis in Aavegotchi price prediction lies in its ability to provide insight into the historical price patterns, trading volume, and market psychology, which can aid in foreseeing possible trends and price points. 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. Various factors, including regulatory developments, adoption by financial institutions, technological advancements, and overall market sentiment influence the price of XRP. Unfortunately for US investors, Changelly does not provide services in the PrimeXBT com United States. We actively engage with our users from this region, providing timely and informative responses to their inquiries. Yes, PrimeXBT charges a nominal fee for each withdrawal. Examples of PII whether about yourself or someone else, can include amount of coins owned, income, taxes owed, addresses, phone numbers etc. The world of cryptocurrencies is constantly changing – keep up with CoinTracking and get informed.

How to recover the PrimeXBT password?

PrimeXBT stands out with fast execution, customizable indicators, and advanced charts. Going forward, economic data will be looked at quite closely and parsed multiple times in order to make trading decisions, but it’s more likely than not that the year 2025 will have already seen some type of crisis come and go, and therefore it does make a lot of sense that we will eventually see bullish pressure in the year. Active users across the world. Whale addresses usually make informed decisions. Below are a few more things to consider. PrimeXBT also offers low spreads on forex pairs like EUR/USD, which helps forex traders a lot. Trading involves risk. Trading involves risk. For starters, the highest leverage for each pair is only accessible if you select cross margin. Get dialed in every Tuesday and Friday with quick updates on the world of crypto. This makes it easy for any user to get a quick answer to their queries almost instantly after placing them. 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. PrimeXBT provides the flexibility to add both long and short positions to your portfolio. It will also apply realised profits if needed to keep positions open. Share your link on social media and elsewhere on the internet. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. Chainlink, a decentralized oracle network established in 2017, that serves as a transformative bridge between blockchains and external systems. 30, a total increase of 38,000 per cent. Margin accounts are popular for a reason, despite the risk that can often be involved.

Our vision

Donetsk People’s Republic. Although it has been a significant commodity in the past,. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Social media channels of PrimeXBT, such as Twitter and Facebook, are also good resources for catching announcements about special offers and events that might include promo codes. These include maker fees for adding liquidity and taker fees for removing liquidity, which vary based on the asset being traded and market conditions. Easily buy Crypto with Visa or Mastercard. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. Remember, while high leverage trading carries risks, PrimeXBT remains a robust option for diversified trading on a unified platform. In the top left corner of the futures platform is the current trading pair and a dropdown arrow.

What are Indices?

Additionally, you cannot set stop losses and take profits directly from the order form. This is why it is crucial to have as much negative balance protection as possible. This might be a drawback for traders wanting a lot of market options. The identification documents required for KYC on PrimeXBT include a government issued ID such as a passport, driver’s license, or national ID card and proof of address such as a recent utility bill or bank statement. This is active and manned 24/7. The design ensures a smooth and efficient trading experience. In addition to offering margin trading up to 100 times your initial investment amount, it also has a novel “covesting” feature that lets you see and mimic the trading moves of top investors on the website. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue.

Day Traders: Acceptable choice

OKX has not had any security breaches since 2017. Over the years, PrimeXBT has expanded its offerings to include traditional financial instruments like forex, commodities, and stock indices, further broadening its appeal. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. We’re a global FinTech company located in Saint Lucia. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. British users wishing to deposit fiat currencies might need to first purchase cryptocurrencies through a third party exchange and then transfer them to their PrimeXBT account. However, please note that the amount should exceed the withdrawal fee for the asset you wish to withdraw. Additionally, the PrimeXBT compliance department reserves the right to ask for additional documentation at any time while using PrimeXBT services, such as proof of address, ID forms, and more, depending on a variety of factors such as client activity or the total amount transacted. If you’d like to try PrimeXBT with a demo account, consider joining one of our trading Contests. If you need further assistance, don’t hesitate to reach out at. 2024 00343, having its registered office address at PKF Corporate Services Ltd. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. Address:Suite 201, 2nd FloorThe Firs Cnr Bierman and Cradock Avenues RosebankJohannesburg2196. The lack of a systemized regulatory mechanism has proved to be disadvantageous. However, you should always use caution because this is a relatively new broker and we cannot vouch for their integrity. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Other procedures PrimeXBT maintains for its security are detailed here. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading or PrimeXBT ID adjusting your positions are really easy and intuitive. Step 3 – Review your transaction. The file is verified secure by PrimeXBT. $20,000 or equivalent for unverified users. This bonus is way better than the $200 bonus as it offers you the opportunity to earn a higher bonus depending on your initial deposit. For me onboarding at PrimeXBT was seamlss. You can use what is known as a “stop limit” order to protect against this.

Bybit Black Friday Deal

However, we would love to explore the option of including other fiat currencies in the future. The action of investors is recorded on the blockchain. KYC checks not only protect the clients but also the entire crypto space. Traders should look at the possibility of Cardano price predictions through the prism of entertainment more than anything else. At PrimeXBT, we want you to succeed as a trader. When it comes to investing or spot trading alone, the only way to trade is through buying or selling assets on an exchange. With over 1,000,000+ clients all over the world, there’s no limit to the amount of strategies available for you to follow on our Copy Trading Platform. The fee that you’ll have to pay to a certain exchange for withdrawing your earnings from your account. How volatile a market is affects how quickly the price of assets can change, so be prepared. My deposit was credited after 20 network confirmations, which took a few minutes. Clients can buy Bitcoin quickly and hold it in their secure PrimeXBT Wallet. PrimeXBT offers a range of forex trading pairs, providing traders with numerous opportunities to participate in the global currency markets. PrimeXBT is a Bitcoin based margin trading platform. “Restricted Jurisdiction”: Jurisdictions where PrimeXBT does not provide services or accept clients, listed in the Restricted Jurisdiction section on the PrimeXBT website. Clicking this will allow you to select a market that you have the cryptocurrency to trade on. Remarkably, this marks the first time in Bitcoin’s history that we’ve observed such a performance, with prices reaching new ATH’s levels before the halving event commenced. Back then, it was traded for illegal goods, while today, the asset is traded for real dollars and other altcoins back and forth for a profit. PrimeXBT has a weak slate of trading pairs. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. Risk warningBefore 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. You can find detailed fee information in the corresponding section of the platform. In addition the traders that provide signals are vetted. Stability: The PrimeXBT platform is reliable, secure and has a 99. We’ve got you covered with access to 100+ global markets on one platform. However, PrimeXBT offers negative account protection and will liquidate positions as soon as they are a serious credit risk. Here are some common trading strategies used by Forex traders. Intuitive tools help both new and advanced traders. Depositing popular coins like Bitcoin BTC, Ethereum ETH, Tether USDT, and USD Coin USDC is a breeze. PrimeXBT establishes minimum withdrawal amounts for each currency to ensure transactions remain economically viable on their respective blockchain networks.

Diego Sanchez

While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. Enter the amount you want to withdraw. Traders worldwide trust us. The platform’s interface is user friendly, ensuring that traders can easily navigate and execute trades. Not going into too much detail, all of these services are trustworthy and support a plethora of payment options ranging from bank transfers, online wallets, cash payments, debit or credit card payments, digital currencies, and gift cards. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Once you have created your PrimeXBT account and received an affiliate link, share it with your friends and followers to start generating passive income. Though the platform has a lot of positive reviews and few complaints, and a long history of satisfied traders, this is still an important consideration. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. There is also leverage, which allows you to trade in much larger position sizes than the underlying cash in your account offers. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. KuCoin: KuCoin is a rapidly growing exchange providing a wide range of cryptocurrencies for trading. Additionally, the platform provides educational material about the staking concept to help its users understand what it means, how it benefits the network and users, and how to stake different cryptos. Traders can compete, win prizes, and improve their skills. Now you are all set up and can go ahead and explore copy trading, PrimeXBT Crypto Futures, and the many other features it has to offer. The MA200 is in fact providing Support, keeping the price sideways within the trend line and the Resistance. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. Lack of Regulation and Consumer Protection.

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The maximum leverage is 1:200. Derivatives trading involves an alternative to spot trading that lets traders get both long and short an asset, and often with leverage, allowing the gains to be amplified. Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. This behavior isn’t the best strategy for profits and can result in investors holding through bear markets. Copy trading can be profitable, assuming you copy the correct trader. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Fees which traders should take into consideration are. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. PrimeXBT welcome bonus code is the latest scheme being offered by PrimeXBT as a part of its marketing strategy that will give you 35% extra funds to trade. Examples of PII whether about yourself or someone else, can include amount of coins owned, income, taxes owed, addresses, phone numbers etc. Baksta is a Lithuanian virtual currency exchange operator accepting Visa and Mastercard. Today’s copytraders scan through individual traders’ profiles and see their investments in real time. Solana top chart versus Ethereum bottom chart also exhibits a price fractal suggesting the same investor behaviour. To delete your PrimeXBT account, you will need to contact customer support directly and follow their specific process, which usually includes verifying your identity and ensuring all open positions are closed and funds are withdrawn. Investing in innovation: why Ethereum matters. Receive the latest news and stay informed. That’s why, in addition to MT5, we also offer our own PrimeXBT WebTrader and App. For more details on the listing tiers, please refer to Listings Review Criteria Section B 3. While it operates in the crowded trading landscape, PrimeXBT has built a solid reputation for its robust security measures, competitive fees, and 24/7 customer support, making it a compelling choice for traders seeking diverse trading opportunities on a single platform. Is your question not answered here. On the forum bitcointalk. PrimeXBT updates these rates periodically to ensure they remain competitive and fair.