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All the content on this site is provided for informational purposes only, and should not be taken as financial advice to buy, trade or sell cryptocurrency or other assets, or use any specific exchange, broker, or platform. The exchange was established in 2019 and lets investors trade more than 330 cryptocurrencies, including with leverage. 05% fee for trading cryptocurrencies. We have the fee breakdown for a selection of assets in the table below. Our team, led by the owner and CEO, features top trading and crypto experts. PrimeXBT boasts an average order execution speed below 7. 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. Available on all browsers. We’re pleased to hear that you’re taking full advantage of the variety of assets available on PrimeXBT, including forex, indices, and commodities. In aggregate, short sellers were liquidated over $1 billion. I wasn’t an active prime XBT trader. Their fees are typically less than $2. Each of these steps is designed to protect users and the platform from fraudulent activities. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. After that, the English section “For Traders” will open, where there is a subsection “Education”. Code Valid: January 2025. Discover the best in crypto gaming and trading with exclusive offers from VGO Promo. Scan this code to download app.

PrimeXBT review FAQ

Download our user friendly mobile application for copy trading and stay tuned to your top traders copied anywhere and anytime. Is Binance a no KYC exchange. It not only looks great but also feels incredibly sturdy, which gives me confidence in its durability. Unfortunately, not all crypto exchanges are safe or reliable. PrimeXBT implements a high level of security measures, and as of writing these lines, it has never been hacked. A turning point came in mid 2023 when Ripple secured a partial legal victory against the SEC. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. In his current role, Mr. Enjoy up to 7% discount on your deposit with this coupon from PrimeXBT. These products www primexbt com are not suitable for all investors. With the PrimeXBT mobile app, users can stay connected to the markets at all times, ensuring they never miss a trading opportunity. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Within this part of our PrimeXBT review, we will talk about the different types of assets available for trading. Yet, the real world performance of this well fortified ecosystem under trading conditions remains to be thoroughly vetted. Please confirm, that the decision was made independently at your own exclusive initiative and that no solicitation or recommendation has been made by PrimeXBT or any other entity within the group. A lighting fast investment app chosen by 125000 investors across the EU. This can be a passport or other form of identification. More importantly, clients are typically discouraged from taking decisive action against scammers or pursuing cases on their own due to their lack of power in the situation. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation.

Trade your favourite marketsTrade your favourite markets

The risky nature of Bitcoin does not solely lie in its price. It’s always a nice touch when an exchange includes additional material to help smooth your trading experience. The growing user base of PrimeXBT has had a significant impact on the cryptocurrency trading market. Oftentimes these scams can be quite believable, so we recommend caution. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Next, we will explore the detailed breakdown of maker and taker fees on PrimeXBT. Ensuring the credibility, reliability, and trading skills of the traders who are copied or followed can affect social trading performance. The broker publishes regular market news, weekly outlooks, and general market breakdowns. Founded in 2018 and headquartered in South Africa, PrimeXBT is a financial derivatives broker that provides forex, CFDs, and crypto futures trading solutions. Therefore, if a withdrawal is requested after 12:00 UTC, there could be a wait of over a day to see the funds in your wallet. PrimeXBT has 24/7 customer service via live chat. 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. Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the most favorable prices. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Founded in 2017 the mission of 3Commas was to help traders consolidate their trading activities – instead of constantly flip through screens of unfocused and often unnecessary data. PrimeXBT is a perfect match for copy traders. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken. Information regarding past performance is not a reliable indicator of future performance. While KuCoin and Binance remain the kings of crypto trading contests, what is interesting about PrimeXBT is that the trading contests are done with virtual funds in a demo account where traders compete against each other but can win real rewards like USDT cash prizes.

PrimeXBTReview

The calculation of selling a single standard lot of GBP is the same as trading £100,000 for $135,100 so your total position is worth $270,200 £200,000. PrimeXBT has a refreshing approach to fees in terms of simplicity, keeping things easy. Most of the funds that are held at PrimeXBT are kept in cold storage. Three different fiat currency options are available, including USD, EUR, and GBP. The broker also provides platform tutorials on its YouTube channel. One of its entities is also licensed and regulated as a crypto wallet. The platform’s user friendly interface and the ability to trade across multiple asset classes also contribute to its positive standing. With PrimeXBT, there is no need to switch between forex and crypto trading applications, as all instruments are available within a single interface. PrimeXBT was founded and registered in Seychelles in 2018 under the holding company name PrimeXBT trading services 148707. Receive the latest news and stay informed. Do not submit petty or hyperbolic meta posts to stir up drama in the community. Most of the codes available online are invalid, expired, or spam. PrimeXBT presents a commission free pricing environment for all non crypto assets and levies a 0. These products are not suitable for all investors. It’s great to hear that you found the process engaging and beneficial. Always check the website for the latest promotions and terms and conditions. It is the job of the CME to mix and match orders to keep an orderly market. After successfully connecting your account to the Telegram Bot, reaching out to our support team is straightforward. The first step in using PrimeXBT in the USA is to ensure you’re accessing the platform legally and in compliance with U. Copytrading is an opportunity to automatically copy trades of experienced traders to your trading account. PrimeXBT Trading Services, S. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. The maximum leverage is 1:200. For example, if a trader opens a buying position on gold with 5% of his trading account size, the same trade would appear in your trading account.

How long does it take to withdraw money from a PrimeXBT account?

Best regards,The PrimeXBT Team. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. What Makes EUR/USD the Most Traded Currency Pair. Reply from PrimeXBT Copy Trading. 35B Akpan Essien Street Uyo, Akwa Ibom State, Nigeria. In this situation, pay special attention to the $0. Only one Reward promo type may be active at a time. 5% last week, reaching a record high above 105k. The platform provides a variety of free deposit options for both crypto and fiat. This website is owned by PrimeXBT PTY LTD. WalletInvestor predicts that Shiba Inu could reach $0. PrimeXBT has developed a comprehensive mobile app that enables traders to place new orders, adjust existing trades, analyze price action, and access a range of educational materials. PrimeXBT is created for all webmasters: whether you have a website or a group in a social network, or you are a well known blogger or a novice arbitrageur. Coinpedia is not responsible, directly or indirectly for any losses incurred as a result or in connection with the utilization or dependence on any content, products, or services mentioned. Scan this code to download app. Unlimited for verified users. Cryptocurrencies should be considered either a short term trading asset or long term investment due to how high volatility the asset class is. We’re delighted to hear that you find PrimeXBT efficient and the tools useful for your trading needs.

Is PrimeXBT a market maker?

Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Some features and services may vary depending on where you reside. Exchange clients can open three types of accounts: demo competitive, no deposit, real for CFDs and real for futures. When Bybit first launched, I wouldn’t touch it. Buying Crypto step by step. Free $10,000 Practice Account. Dear Mustafa,We’re thrilled to hear that our blog and price prediction tools are valuable resources for managing your trading effectively. Taking a closer look at the actual tools that are at your disposal, there are the drawing tools that traders need to map their important levels. 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. I really like their transparency as well as their customer support. Unlimited for verified users. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. Here’s how the two very different types of Bitcoin derivatives contracts differ and compare, as well as any pros and cons. Additionally, eToro charges withdrawal fees and inactivity fees for dormant accounts. You can also sort markets by name and 24 hour change. These include things such as the colours, grids and spacing. 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. If you want to learn more about the Crypto ecosystem, sign up for the weekly newsletter. Only for verified users.

Option 2: Limit Order

To register on PrimeXBT, you need an email address and a password. Margin trading carries risk of capital loss. As of writing, the platform has never been hacked or experienced a user loss of funds. Users can also customize the indicators in terms of the time frame and other important inputs. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. This bonus provides a great opportunity to increase your trading capital and gain more flexibility in opening positions without having to invest additional personal funds​. Information regarding past performance is not a reliable indicator of future performance. To help contextualize this PrimeXBT copy trading review and discussion on its futures, let’s walk through how to access these features. There’s nothing that I dislike yet, will review after some time but so far so good. To create an account, download and open the app, select “Create Account,” enter your email address and password, and follow the prompts to complete the registration process. Claim up to $7,000 in Bonus. Zero trading commissions. Kriptomat is a cryptocurrency broker based in Estonia that launched its service in and offers individuals to buy and sell more than 13 cryptocurrencies. Who wants to trade when you can only go long or go flat. The biggest benefit of automated trading is it completely removes the human element and some of the most costly mistakes are made usually due to very human characteristics and emotions. These price expectations will depend on technological upgrades, regulatory developments, and sustained investor interest. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. Unlimited for verified users. While Bybit offers just 401 unique cryptocurrencies, KuCoin boasts an outstanding 863 making it a better altcoin exchange. PrimeXBT is a cryptocurrency, forex, stock index, and commodity trading platform where traders can access up to 200x leverage on some crypto pairs and up to 1,000x leverage on some forex pairs. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. Advanced trading concepts can be confusing for beginners. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. Complete the deposit tasks to earn more bonuses. So this is the place to go for hardcore gamblers with an extreme risk appetite. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free.

Why do you charge swap fees?

PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. Not a single chart pattern can provide you a guaranteed result. Additionally, the team constantly monitors the market for new promotions and discounts. For enhanced security, it offers two step authentication and biometric login options. We’re pleased to hear that you find our platform prominent and that it meets your expectations. PrimeXBT offers research and education on its blog. Learn more about Baksta’s Legal Terms. The Tenere Team works diligently to find the best primexbt. To view your active bonuses on PrimeXBT, you can follow these steps.

Joaquin Lopez

Step 1: Head to the PrimeXBT homepage. In short, it was an experience worth lighting the candle. Active users across the world. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. PrimeXBT’s commitment to customer support and education ensures that users have access to the resources they need to succeed in trading. Here are some general processing times. This feature, part of its Covesting module, allows users to replicate the trades of top traders, thereby gaining access to a range of traditional financial instruments, like other crypto exchanges, FX, and commodities. However, PrimeXBT does not offer any alternative platforms.

Trading platforms Comparison with competitors

And many cryptocurrency exchanges that require KYC have made streamlining transactions a priority. What is the minimum and maximum amount for a withdrawal. An additional benefit for PrimeXBT traders is the absence of fees for account deposits. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. It increases your trading potential but cannot be withdrawn. For withdrawals, you will only have to pay 0. With PrimeXBT copy trading, you can achieve the same returns as the leading traders on the platform. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. PrimeXBT allows you to take advantage of the price movement in this market without relying on keeping custody of the coins themselves. While Bitcoin has risen above the psychological $50k level in anticipation of the halving event, data from Blockchain Center suggests that it is not altcoin season yet. This bonus is designed to increase your trading capital but cannot be withdrawn. This is because they are one of the few exchanges that do not complete KYC or AML checks on their traders. The fiat withdrawal process was straightforward but took a long time. Customer Due Diligence CDD may be initiated at any time to verify identity or source of funds, safeguarding against misuse and ensuring adherence to Anti Money Laundering AML requirements. Thank you for choosing PrimeXBT. Teknoloji, Bilgi ve İnternet. It’s highly recommended to be an experienced trader outside the United States if you want to use PrimeXBT. I’m also participating in free competitions here, they essentially give you free demo acc, but you can win up to $500 REAL money. See more about trading fees. The platform offers investment products such as cryptocurrencies, commodities, stock baskets, and foreign currencies. Temporary trading or deposit/withdrawal limits may be imposed until the required documents are provided and the CDD process is successfully completed. Due to the nonexistence of additional fees, traders experience comfortable trading conditions. There are no deposit fees for cryptocurrencies but do take note of minimum deposit amounts. Trade fees are charges incurred upon entering a position, while overnight fees are those paid to finance the position overnight. Please read PrimeXBT Reviews below and share live trading experiences with this broker. Not everyone has an answer for what Bitcoin does and why it moves when it does, but with some research you can start to understand a little more what impacts it.

Finport

So, if you are looking to diversify tradeable assets, PrimeXBT will likely be your choice. This should not be among the no deposit bonus list as you need to deposit to claim the bonus. The platform provides a variety of free deposit options for both crypto and fiat. In the special sub menu you can modify your pending order: adjust the order amount or change the protective order price. It’s possible, but it will probably not have a massive future. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Well, we are not really fans of mobile trading in general. It features customizable interfaces, TradingView charts, and competitive fees, providing flexibility for traders. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. How volatile a market is affects how quickly the price of assets can change, so be prepared. $20,000 or equivalent for unverified users. The massive sell off caused the Dogecoin price to drop to $0. We will start this PrimeXBT review with some words about the platform in general. PrimeXBT has developed a comprehensive mobile app that enables traders to place new orders, adjust existing trades, analyze price action, and access a range of educational materials. Some products and/or services might not be covered by the Compensation Fund. Returns or profits may be subject to capital gains tax. I also want to know this. Learn more about Baksta’s Legal Terms. Before using a non KYC exchange, you should check the regulations in your country to ensure compliance. We introduce people to the world of trading currencies, both fiat and crypto, through our non drowsy educational content and tools. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. Staking COV tokens unlocks the following benefits. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. You also get full account management functionality in the palm of your hand. A crypto trading platform allows traders to use advanced tools to manage positions and get the most profit out of markets.

Web3 Explorer

The past market data is just as relevant as the current market data. However, the broker’s educational content lacks diversity and breadth. Its intuitiveness and simplicity provided a pleasant trading experience. This PrimeXBT guide and review breaks down the platform’s primary features and provides insights into the PrimeXBT user experience. Chainlink has cultivated a robust ecosystem that extends beyond its decentralized oracle network, encompassing key partnerships, integrations, and impactful contributions to various sectors, notably within decentralized finance DeFi and beyond. They will send out an email to the address that you have provided so that you can verify it. Technical analysis can also help to highlight potential areas of support and resistance, which are ideal areas to place limit orders or stop losses. The broker also provides platform tutorials on its YouTube channel. I started using their platform quite recently. I tested both versions and found that they offered a smooth trading experience without any significant compromises. The next move higher will more likely than not be more of a steady grind, according to Bitnation. Plamen’s favourite trading instruments include FX majors and gold. Usually, the crypto market will be hyped when the price of Bitcoin reaches certain levels, which fuels demand and causes price gains. From the moment I started using it, I knew I had found something special. Founded in 2017 the mission of 3Commas was to help traders consolidate their trading activities – instead of constantly flip through screens of unfocused and often unnecessary data. 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. Native token of Cardano the biggest blockchain to have successfully adapted the proof of stake consensus mechanism ADA token plays a core role in its functionality. Note, the program is exclusive to PrimeXBT accounts. On chain data suggests rising selling pressure for XRP long term investors ahead of Donald Trump’s inauguration. A Simple Plan For PrimeXBT Trader BR. ” Determine your position size by adjusting the “amount” field and set stop loss/take profit levels. The EUR/USD pair is a popular currency pair to trade in the. This all is done automatically without any interaction from you. 50, the trader would not fire off a sell order of any shares until the price is $12. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. Access it on SaaS, iOS and Android through their purpose built app. Founded in 2017 the mission of 3Commas was to help traders consolidate their trading activities – instead of constantly flip through screens of unfocused and often unnecessary data.