🛠️ Services Offered: PrimeXBT provides:

Indicated that the app’s privacy practices may include handling of data as described below. All your trades are non custodial, so Bisq never holds your funds, and all data is transferred using Bisa’s own secure, peer to peer network, built on the Tor network. Whenever it happens, it is wise to wait for some positive momentum before taking a position in Ravencoin. 50, they will only buy the stock at the price of $10. Required margin = Value of the trade / Leverage. Reports: Users can view trading and transfer histories via the Reports page. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. However, if you are trading small positions, then it becomes much less dangerous. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees.

Top 10 PrimeXBT Alternatives and Competitors

The reviews seem quite similar for both apps, though it can’t be too bad as the ratings are average 3. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. DeFi – This section is definitely designed with first time DeFi users in mind. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. Someone new to the space can quite easily buy XRP and begin their investing journey with the coin by just holding onto it and waiting for appreciation — or depreciation. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. Other notable features of the platform include. By copying their trading strategies, you can essentially “piggyback” off their expertise to potentially profit in the markets, without having to do all the heavy lifting yourself. PrimeXBT Contests offer competitions using virtual funds in a simulated trading environment. However, there are certain jurisdictions where our services are restricted. Making a deposit in order to trade on any trading platform should be fast, easy and something that traders should not worry about. Follow The Punch Newspaper on WhatsApp for real time updates, breaking news, and exclusive content. By customizing leverage, traders can better align their risk exposure with their trading strategy and market conditions. These fees apply to all asset classes, including cryptocurrencies, forex, commodities, and indices. The app, now available on the Apple Store, offers unique features that enhance community engagement and potentially drive exponential growth. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Use the Binance referral code 49316610 and receive up to $600 in rewards and bonuses. As 2023 comes to a close, with never ending uncertainty in Cryptocurrency markets, users and analysts continue looking into Dogecoin historical data, to determine possible factors that may be affecting its price in 2023. The use of its in house charting package instead of integrating the more complex TradingView charts means that the trading interface is not likely to overwhelm people starting out. This means affiliates will receive 50% of their qualified referral’s profit generated on this platform.

Trade with PrimeXBT leading Bitcoin based trading platform Access over 50+ assets: Crypto, Gold, Oil, Sp500 from one account

The content of this website is not intended for citizens or residents of the European Union, the wider European Economic www primexbt com Area, or the United Kingdom. You can track the status of your withdrawal under the ‘Last Withdrawals’ section. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. The platform’s focus on user friendly navigation, comprehensive market research, and robust security measures further underscores its commitment to providing a reliable and versatile trading environment. PrimeXBT is often praised for its low fees with spreads as low as 0% and trading commissions as low as 0. 32 to send USDT over the BEP20 network. Even though the company is still relatively new in the trading industry, PrimeXBT has grown to become an industry leader. Today, the asset is maturing and finding new use cases, such as a safe haven asset and a contactless payment technology. Thank you for choosing PrimeXBT. 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.

Supported Countries and Regions

Let’s see how these work on OKX. If you don’t have an account yet, you will need to register and verify your email address. Luckily, Coinpanda can help you with this and generate ready to file tax forms quickly and easily. Returns or profits may be subject to capital gains tax. Can’t find what you’re looking for. This article provides a comprehensive PrimeXBT review. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. Comments:It was amazing, i going to use every day. Exclusive to SAShares Clients. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. Cryptocurrency exchanges make money by charging a fee on every trade that is made on their platform « trade fee ». 9% uptime, by using state of the art server hardware and software systems to ensure that traders can access professional trading systems with the maximum potential for generating profit. One remark please add a general bright color scheme because changing colours of everything one by one is a bit uncomfortable. PrimeXBT offers trading in crypto, commodities, Forex, and indices through CFDs. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. Security features include but are not limited to. Furthermore, it allows the profitability to be expanded, beyond what would normally be possible in a standard cash account. The platform provides a variety of free deposit options for both crypto and fiat. Each account on PrimeXBT has a Daily Limit, a standard 24 hour withdrawal limit of $20,000 or its equivalent in other currencies. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. Despite the fact that Santana is hopeful about the future, the present state of the market indicates that this is not the case. Bitcoin has grabbed the attention of the world and grown exponentially over the last decade, as it could represent a. Node operators stake LINK to provide data to the network.

Can you change leverage when in a position?

Use the rest of these guides to learn which cryptocurrency is the best to trade or invest in using PrimeXBT. Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. PrimeXBT: Get A $100 Bonus When You Deposit $500. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. PrimeXBT has remained reputable despite its unregulated status, but users should consider withdrawing funds to private wallets to mitigate security risks. If you need any assistance in the future, please don’t hesitate to reach out to our support team via live chat or email at. Only for verified users. Input it and proceed. By XRP reaching $10, it could very well price itself out of usefulness. Date of experience: August 13, 2024. This is something that you can get in your account management page under the “referral” section. Here, you can choose the exact amount of BTC that you want to close from your position, and when you input this, you can simply hit the blue button.

Trading Instruments

PrimeXBT is a viable multi asset trading platform where leveraged margin can be applied to its supported list of cryptocurrencies. Investors and traders can lessen position size or deposit more funds to prevent this from happening, and most platforms give at least some warning before this occurs. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. Here is a look at the Bybit trading interface. To deposit Bitcoin into your PrimeXBT account, you have two primary options. The referral program of Binance has two options: a standard referral and a lite refferal. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. You can place orders, monitor markets, and trade effortlessly. 📈 Top 11 African Brokers. However, it has become standard on most trading platforms. Leveraged trading options are huge, so much leverage for forex. Outside of curating deals, Lily loves spending time with her own pets, volunteering at animal shelters, and exploring pet friendly activities. PrimeXBT is committed to innovation and quality, striving to be a trusted partner for traders globally. Receive the latest news and stay informed. The platform shows the trading pairs as follows. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. The broker doesn’t require KYC, which means they don’t check if you are from the U. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. The primary disadvantage of using a limit order is that they don’t always get filled. Its intuitive interface simplifies navigation for beginners, while educational resources empower informed decisions. To prevent Liquidation and manage the risks, we highly recommend using Stop Loss and Take Profit protection orders. You can also send an email with the subject ‘Job application’ to with your CV if you’re interested in joining the Prime XBT team. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. PrimeXBT has a full copy trading dashboard and suite, where people can choose from a huge range of accounts, made up of both humans and bots. 001 BTC in your wallet. That is not a criticism against them, these platforms are not in the niche of providing beginner and user friendly platforms, they are in the business of running advanced crypto trading platforms for serious and experienced traders. Each unverified account has a 24 hour withdrawal limit of $20,000 or equivalent.

Leverage and Derivative Traders: Perfect Match

Perfect Money is an online financial service enabling instant payments and secure money transfers, ideal for PrimeXBT traders to fund their accounts with fiat currency. You can find more information about the military discount on PrimeXBT’s website or by contacting PrimeXBT customer service. Share it online or with friends. 000055, suggesting a possible price increase by factoring in SHIB whale transactions and high social media activity also recorded by the crypto exchange. Otherwise, all customer personal data and transaction details are kept private at all times. You can go either long or short since you do not own the underlying asset. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. The platform does not charge additional non trading commissions, such as account replenishment fees. Are there any other companies related to FTX that have not spoken. 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. The platform offers its diverse customer base cutting edge products and professional trading conditions. Gold is an established and mature market for investable assets. Deposit and Withdrawal Fees. It also offers 1:1000 leverage for trading Forex, Indices, and Commodities. Plus the fees are truly low, you pay only 0. 32 to send USDT over the BEP20 network. Sign in to view more status history. Forex Trading South Africa. Opened yesterday a account with 500$, opened 2 positions in USDCAD of 15k and 5k and made 110$ profit, but I’ve been charged with 70$ fees. As mentioned, you can also trade forex, commodities, and stock indices. Accepting Bitcoin this way is considered income in most jurisdictions, so be sure to consider this for tax accounting purposes. 2 months ago 201 views.

Why is my order rejected Primexbt?

However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. 💪🏼 Empowering Traders in a Recovering Crypto Market📊 One of the benefits of trading derivatives like CFDs or Crypto Futures with an online broker like PrimeXBT is that traders can capitalize on both rising and falling markets. Holding a position open for an extended period of time. The price of Polkadot increased by 19. Website Primexbt Bonus. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. For instance, funding fees for BTC on Binance and Bybit were both 0. In simple terms, you may wish to buy $100 worth of an asset but only have $10. Readers should do their own research. De relative strength index RSI en het moving average convergence divergence MACD gaven beide een neutraal signaal, terwijl het Hull Moving Average en het Volume Weighted Moving Average VWMA beide een koop signaal gaven. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. However, due to the harsh regulatory requirements in the US, Bybit does not serve US residents.

Author

As initial deposit at least 0. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. It seems that the platform focuses primarily on providing an easy to use and accessible interface for beginner and professional traders alike. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. Only for verified users. This seems to suggest that trading this coin will not be that successful, or that it won’t present the same opportunities as a coin designed to be an asset and traded with high volatility. My experience with PrimeXBT’s customer support was mixed. 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. PLEASE NOTE THAT COMPANY IS IN THE PROCESS OF UNDERTAKING A LEGAL AND REGULATORY ANALYSIS OF BITCOIN TRADING WITH MARGIN. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. Diverse Range of Currency Pairs. It happens every four years, and the next one was set to be during the summer of 2020. It is hard to see how a token with a relatively low max supply will be used efficiently as a utility token in the Covesting ecosystem. Positions closed before the start of a new trading day 00:00 UTC are not charged. For example, the PrimeXBT referral program is a highly lucrative program that has. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. It boasts a user friendly interface and convenient functionality that rivals our mobile applications. Thank you for choosing PrimeXBT as your all in one trading platform. Typically, IEOs feature new tokens that are offered to exchange’s users at a fixed price, and are listed on the exchange shortly after the token sales concludes. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors.

Khalid m

They say they give 10$ per every standard lot. Information regarding past performance is not a reliable indicator of future performance. It is fully regulated and offers competitive spreads and fees. Vincent and the Grenadines. Our website uses cookies. There could be restrictions such as validity periods, specific eligibility criteria, or limitations on how the benefits apply. PrimeXBT calculates the spread price using the following formula: Swap Rate % x Asset Price x Amount position size. This makes this platform the one with the widest possible market range. Let’s quickly cover a high level overview of the products on PrimeXBT. When we used PrimeXBT, we were reassured to see that the brokerage offers a demo account through its Contests. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. Indeed, the OFAC administers and enforces US financial sanctions. You can also click PrimeXBT App iOS or PrimeXBT App Android to open PrimeXBT App. PrimeXBT supports deposits and withdrawals in popular cryptocurrencies such as BTC, COV, ETH, USDC, and USDT.

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Traders can purchase crypto directly on the platform via card or convenient bank transfer, and the fact that traders can also access non crypto markets is a huge benefit that attracts traders. 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. The leverage ratio is a measurement of your trade’s total exposure compared to the margin requirement. To withdraw Fiat currency USD, go to the Main page. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Our platform is designed to be user friendly, ensuring that the registration and verification process is quick and efficient. 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. Bybit’s focus on cryptocurrency derivatives and high leverage appeals to traders specializing in crypto trading. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Dear Carlos,We’re delighted to hear that you appreciate the wide range of assets available on PrimeXBT, including forex, commodities, cryptocurrencies, and indices. This all in one trading interface provides the ability for users to manage a diversified portfolio. A particularly useful feature of this platform is the option to choose between a floating rate, which can make your exchange more profitable, and a fixed rate, ensuring you receive the exact amount you expected. The order form also displays recent trades and order book data. Com is provided solely for informational and educational purposes. Deposits are free, but there are withdrawal fees for cryptocurrencies. Still, many of the most successful traders believe that using margin trading and leveraging is the key to greater success and bigger profitability. These do not influence our content moderation policies in any way, though ProductReview. You can follow the status of your deposits in your Transfer History. Crypto Deposits: PrimeXBT offers free crypto deposits. Which crypto wallets don’t require KYC. Date of experience: September 05, 2024. However, if you are more of a longer term trader, you are going to be more likely to simply walk away from the computer and check price action every few hours. Our all in one trading platforms were built from the ground up to provide users with an easy way to buy their favourite Cryptocurrencies and trade global markets, in a secure environment.

Contents

Neither company is regulated by a major financial watchdog. As far as withdrawal fees go, one of my favourite features of Bybit is they are not looking to make a profit from customer withdrawals, something very rare among crypto exchanges. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. Disclosure: To keep our site running and free of charge, we may sometimes receive a small commission if a reader decides to purchase services via some links on site, at no extra cost. These include fan lines, Fibonacci, retracements, and other trend lines. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. Of course, this also works on the way down as losses are also magnified. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Once you click on the icon, you will see the new user dashboard section for PrimeXBT Turbo, including charting and a list of the assets which are available. After two full years of a bear market, crypto traders are commonly asking themselves “why is Bitcoin rising” once again. Thank you for your feedback and for trading with PrimeXBT. Once this is done, you can log back into your account and access the trading platform and the account features. To register on the PrimeXBT website, you need an email address and a password.