PrimeXBT Reviews

The major pairings include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, and USD/JPY. Something that we found particularly impressive about the app is that you can customise your layout to suit your trading preferences. To fund a Margin Account. PrimeXBT offers a comprehensive one stop solution that supports the trading of Crypto, Fiat, Commodities, and global Indices. Overtrading means opening trading positions out of the risk boundaries that you’re able to manage. PrimeXBT also retains the right to request KYC verification from any user at any time, ensuring compliance with regulatory standards. The main section of the trading page is the actual chart, which is directly to the right of the crypto listings and Order Book and takes up most of the page. Clicking this will allow you to choose how much of that cryptocurrency you want to transfer to your futures account. For ETH, USDT, USDC and COV withdrawals the fees vary depending on the network used.

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PrimeXBT Review 2024

The bulk of these deals are conducted by private individuals and financial institutions with the expectation that the value of the currencies they buy will rise relative to the currencies they sell in the near future. You can customize this charting interface and the numerous indicators inbuilt into the platform to suit all your trading needs. Thus, the pricings for Cryptocurrencies provided on PrimeXBT will vary in accordance with the pricings across the exchanges from which liquidity is aggregated. With an exceptional team in the industry and leadership in compliance, AAVE presents substantial potential for cryptocurrency investing, especially for those who believe that DeFi will shape the future of cryptocurrency. The exchange platform i. How could you trust them to payout your money after all that shady behaviour. How to claim a 35% deposit bonus on PrimeXBT. So the good news is that PrimeXBT offers you a great way to use leverage to open up trades with potentially a much greater earnings value compared to what you deposit. Yes, there are 2 different fees that can be incurred when trading Trade fee and Overnight financing. Users can narrow search results using the filter options and make a PDF copy of the report by clicking ‘Statement’. This allows traders to magnify their exposure to the market, potentially increasing profits. These products are not suitable for all investors. This tool is a perfect solution for exchanges and margin trading platforms that want to improve lead generation and boost their revenues. Verdict: The withdrawal process is a quite straight forward process with a thoughtful security measure in place. If you had ever considered opening your own Covesting Strategy, but hesitated to commit the minimum required capital of $2,500 just to try it out — hesitate no longer. Users can view a detailed breakdown of fees associated with using the platform. BTC deposits require 3 block confirmations which usually takes around 40 minutes on average;. You’ll have simple ways to focus on the crypto trading options among the forex and commodities markets. One of its most significant benefits will be pulling information from outside of the blockchain for users to implement. Markets move in waves – use pins arising on pullbacks within existing trends for lowest risk swing entries. It appears to have a lot of the same functionality that you have on the desktop platform. This is active and available 24/7. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. To take advantage of and claim the Welcome Bonus offer.

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In terms of other security protocols that they have in place, they also make use of Cloudflare’s technology in order to mitigate the risks that are posed by Distributed Denial of Service Attacks DDoS. Get huge savings on the biggest crypto brands with custom discounts and deals. Unfortunately, they do not have a dedicated phone line which you can dial in the case of an emergency. You can edit all of this text and replace it with anything you have to say on your blog. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. On PrimeXBT, cross margin is the most recommended choice for crypto traders. Supports many exchanges. This is very low, especially when compared to other exchanges. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U. What is the Affiliate Program On Primexbt. We are happy to hear that you are satisfied with our platform, PrimeXBT works for you. Deposits are made through third party services such as Coinify, Changelly, Xanpool, CEX.

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The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. No, you can never lose more than you deposit into PrimeXBT account. As the cryptocurrency market bottomed out and became stagnant, trading mostly sideways, PrimeXBT introduced traditional assets such as gold, silver, oil, the SandP 500, and a vast lineup of forex currencies. We’re here to provide support and ensure your peace of mind. The fee will remain the same regardless of the amount being withdrawn. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. To make a direct cryptocurrency purchase on the PrimeXBT platform using your credit or debit card, all you need to do is click on the “Purchase BTC” link that appears on the deposit pop up. PrimeXBT offers the world at your fingertips, as the various instruments offered will allow the trader to take advantage of global trends, correlations between markets, and a whole host of opportunities. Make sure to check our list of the top exchanges for leverage trading Bitcoin. Copy trading is also great for the “armchair” trader and anyone who is just looking to make some passive income. Sign up with this link and then go to “promo code” and enter “bitcoinsensus50” in the provided space. 36, with lows around $0. The prices tend to fluctuate unexpectedly during the day and night. Similarly, PrimeXBT doesn’t charge any fees for deposits. For users who do not want to use one of these third party services then they will need to fund their account with crypto that can be purchased from an exchange like Crypto. But this method won’t offer you the best rates having a crypto wallet to easily deposit and withdraw from your PrimeXBT trading account is the best option. Litecoin price predictions are nowhere near as high as Bitcoin price predictions, but that is due to the difference in each coin’s max and circulating supply. It could be a good long term investment. When trading financial instruments, margin is the collateral that a trader needs to put up for deposit with your broker or exchange to cover potential credit risk that the trader poses for the brokerage. Date of experience: November 07, 2019.

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How much should I invest in Dogecoin?

Here is what Bybit offers. The ‘Messages’ widget contains all system messages with a detailed explanation of why an order was rejected. Date of experience: 27 September 2020. Currently, you can only deposit bitcoin to PrimeXBT directly. Use 5 at once, maximum. Reading through various best crypto exchange reviews online, you’re bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. You should also monitor the block times and tokenomics. Therefore, PrimeXBT is not legally accessible to individuals or entities in the United States. This tradition is upheld when it comes to futures, too. For this example, we will be making a Bitcoin deposit. 3 months ago 154 views. The exchange stands out with its wide range of trading tools and features. This can be especially painful when trading on margin, as every price movement gets amplified by the leverage. Get huge savings on the biggest crypto brands with custom discounts and deals. Overnight Financing is incurred any time a position is carried into a new trading day, at 00:00 UTC.

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Short selling is selling high and re buying low. Keep in mind if you outright buy Bitcoin with USD, you will still pay a 0. 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. There is charting, easy order execution, and account management. With a wide range of cryptocurrencies available, customizable leverage settings, and a robust margin system, traders can take full advantage of the potential benefits offered by crypto futures trading. You can reset your account password using the Password recovery feature. It is a simple thing, but customizable dashboards are highly sought after. Since its founding, PrimeXBT has grown substantially and now serves clients in over 150 countries and is a well known and respected exchange for providing clients with access to top tier liquidity and robust trading tools. There are several Bitcoin trading platforms offering higher leverage. The broker essentially runs risk free trading tournaments using a virtual bankroll, with cash prizes up for grabs. Yes, They will give you 50usd but at first you have to deposit 100usd or 0. Experienced in all aspects of business, operation, finance, and man. The pip is usually the fourth decimal place of a currency pair, except those that only have two decimal points, i. But 100x price explosions are a common sight in crypto, so a $10k investment in Polkadot could make you a millionaire. As well as this, the exchange has a strong focus on privacy coins like Monero XMR. There are eight to choose from, all of which are paired with the USDT stablecoin. Frustrated by the constant need to monitor the markets yourself. Withdrawal and refund policy. Risk Disclosure Statement. Also, you access ‘Buy Crypto’ option which allows you to buy supported cryptocurrency using a Bank Card / SEPA transfers and have it transferred to your PrimeXBT wallet. With its 0% spot trading fees, MEXC merges user friendliness with unbeatable cost efficiency. Once the Crypto purchase is confirmed, the coins are automatically sent to your PrimeXBT wallet. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. Via the Fees and Conditions page, users can view trading fees across the Global Markets, Crypto Futures, and Copy Trading products. Best Mobile Trading App. This will allow the trader to define specific levels for entries and exits. This can lead to information leaks.

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Once the trade has been executed, you will monitor to see how the trade unfolds. Learn more about Baksta’s Legal Terms. Also, very important is to make sure that your stop loss will be hit before your liquidation price. Traders can access information on Maker and Taker Fees, financing costs for both long and short positions, as well as maximum leverage/margin requirements for each asset pairing. However, please note that it should be more than the withdrawal fee for the asset you wish to withdraw. We would like to introduce the Covesting Copy Trading module. Hoskinson’s focus on programming and research to ensure the blockchain is viable for any application has paid off in spades by receiving such an esteemed rating. The ‘Hub’ section consists of 8 sub sections.

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This includes BTC, ETH, LTC, XRP, Polygon’s Matic, and even BNB. Bitget and PrimeXBT are two industry leading platforms that provide the ultimate trading experience for copy traders. We allow traders to decide how much of total available margin they want to use by simply controlling the position size. 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. Navigate to your ‘Portfolio’. 5 of your personal funds. These products are not suitable for all investors. This can only be used as additional collateral for margin trading on the PrimeXBT platform. But wait, there’s more. At PrimeXBT, we offer what is known as CFD trading, or contract for difference trading.


Returns or profits may be subject to capital gains tax. This is done for the sake of simplicity. Binance is another popular platform you can trust as it’s known for its crypto exchange and grounded partnerships in the cryptocurrency industry. These are way more tradable assets than other major crypto exchanges like Bybit offers to their users. A major advantage of CFDs is that leverage and margin trading is available to traders and easy to use. This module was in Early Access phase for a while but now it can be used by all registered users, assuming that’s your cup of tea. Copy trading terms and conditions. Thecombination of low trading fees and drastically reduced overnight financingfees creates an unparalleled opportunity on PrimeXBT for maximisingprofitability. On September 14, 2022 at 15:00 UTC approximately for the Paris execution layer upgrade.


In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Leverage denotes the proportional relationship between the nominal size of a position and the required deposit. You can use it as a demo account, and if you make it to the top of the leaderboard, you may even win a prize. If the price of the stock rises to $30, you would earn $2000 if you had only traded with cash. On the other side, PrimeXBT is known for a strong average daily trading volume, a sign of active trading on the platform. Claim up to $7,000 in Bonus. This is a great way to learn and also to develop your own strategy by testing out what works and what doesn’t, and how other traders identify their trading opportunities. The withdrawal fee on PrimeXBT is 0. This article is sponsored content and does not represent the views or opinions of BeInCrypto. Because of this, there are two main ways that the average trader will access the currency markets, by trading the CFD markets or using a Forex broker. A symbol is the abbreviation representing each type of asset or cryptocurrency. Every contract represents 1 USD of value. Along with the explosion of interest in cryptocurrency, there is a growing need for clarity regarding the legal implications of these new currencies and the technologies that drive them. Below are examples of the popular technical analysis indicators in the market.

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You have now successfully created an account. Buy orders are filled with Ask quotes offered by a liquidity provider for the given order size. Bitcoin is the only accepted method for both deposits and withdrawals. Similarly, traders can also benefit from falling prices in the coin. This crypto exchange offers users high liquidity in over 70+ different asset classes including Crypto Bitcoin, Ethereum, Litecoin, Ripple, EOS, Forex, Commodities Metals, Oil, Gas, and Indices. The more discussion surrounding Covesting – the better. Also, plenty of free leverage calculators are now available online. If this country is trading with another one that sells oil at $100 a barrel, then the terms of trade between the two countries would be a ratio of $1500 / $100, multiplied by 100, which equals 1,000%. You have SP500, EUR/USD, and plenty of other currencies as well. A market order is an instant order. Complete the official BitDegree Web3 Exam and get rewarded. It’s so great for new trader like me. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. Claim up to $7,000 in Bonus. With leverage of up to 1000x, traders can amplify their trading power and gain exposure to various traditional assets, including forex currency pairs, commodities like gold, oil, lead, copper, and indices such as the SandP 500, DOWJ, and NASDAQ. To claim the sign up bonus on Prime XBT, simply register a new account on the platform and follow the instructions provided in the promotion. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. She has over 10 years of experience of working with economic and financial texts. Each trader is responsible for maintaining sufficient margin levels to avoid position liquidation. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. If you do not have have the time or experience to trade or simply do not want to trade yourself, we highly recommend check out the Covesting module. Learn more about Baksta’s Legal Terms. All active Followings and Following history are reflected in your ‘Portfolio’. When the Bitcoin price touches the liquidation price, our position on PrimeXBT gets “liquidated”, which basically means that we lose our initial margin. It is only effective for traders who have a good understanding of the markets and trading concepts. Our website uses cookies. Coinpedia, a popular website dedicated to cryptocurrencies, has several analysts that believe Ethereum could see a massive surge in price if the Ethereum 2.

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Clients can place trades and manage orders directly from charts, powered by TradingView. A detailed table of all trading fees for Global Markets, Crypto Futures and Copy Trading products is regularly updated and provided on the PrimeXBT website. This is how it looks like. For Cash deposits to the platform via Advcash and Perfect Money accounts the minimum deposit is 10 USD. Therefore, do your own research before making any decision. See more about the nature of this type of trading below under Leveraged Trading. The platform’s trading fee of 0. Usually, the crypto market will be hyped when the price of Bitcoin reaches certain levels, which fuels demand and causes price gains. You might also like: PrimeXBT Demo Account. This makes for a daily rate of 0. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. At the moment PrimeXBT supports BTC, ETH, USDT, USDC and COV deposits using the following networks. This gives you an in depth overview of the operational status of the trading engine, deposits/withdrawals and website. To reach the Starter level, you must provide personal information, whereas Pro level demands government issued ID, proof of residence, and a verified occupation. Deposits in cash from an online wallet or your bank card. Removing central authorities prevents points of failure and distrust. Give it a serious consideration if primexbt is really reliable to trust them high amounts of money. These include ADA/BTC, DOT/BTC, EOS/BTC, ETH/BTC, LTC/BTC, and XRP/BTC. It offers all the features of the desktop platform, ensuring I can monitor and execute trades seamlessly from anywhere. Trading conditions are quite satisfactory to me. Another remarkable feature of PrimeXBT is its high security system. 76 for 2025 — about a 1,768% increase over its current price. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. This way, each drop in price in Bitcoin will be offset by the gains you make on your short position. The interesting thing is that FTX US has now stopped withdrawing money, on paper, FTX com and FTX US are 2 different companies but the truth is not soBlockfi platforms stopped withdrawing, as of today, the number of people who still keep money on Blockfi may not be much, but this raises concerns. Polkadot is available on a number of centralized and decentralized exchanges and can be purchased easily. This order offers traders a balance between securing an exit point and achieving a specific price, offering more precise control over trade execution. Sign in to view more status history.

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Vincent and the Grenadines as an operating subsidiary within the PrimeXBT group of companies. Fees, Features and More. Frequently used modules like the order book, pending orders, and multi chart windows can be configured however you want. You also have the option to insert a referral code if you were given one more on this later. As to contracts are worth $20 a point, multiplying by 25 gives you the total loss of $500. There is an education section explaining markets, order types, trading strategies and how to get the most out of the trading platforms. Covesting is an innovative feature that allows users to follow and copy the trading strategies of successful traders. With that in mind, if we do start to see real world adoption, then crypto has a chance. As traders spend the majority of their time on the main trading platform, it is pretty important that it is well laid out and intuitive from a user interface perspective and has all the features and tools that one needs. To claim this offer simply make a deposit and then make a transfer to the corresponding Trading account within the given time frame. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Perfect Money Account ID used to make a deposit will be preselected automatically. Best Mobile Trading App. PrimeXBT is quite transparent with its fees. 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. Overnight financing is not charged on weekends for markets that are closed during this time, however a triple financing rate is due on Thursday 00:00 UTC. 78% over 29 active days. How to Leverage Arbitrage Opportunities in Crypto Markets. Our editorial team, comprised of more than 20 professionals in the crypto space, works diligently to uphold the highest standards of journalism and ethics. Of course, be sure to double check that you’ve copied the address properly—once the funds are sent, there is no retrieving them in case they end up somewhere else.

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