Educational Resources

PrimeXBT’s commitment to customer support and education ensures that users have access to the resources they need to succeed in trading. EToro is a pioneer and one of the most popular social trading platforms, especially for beginners looking to experience copy trading. Additionally, promotional offers and bonus programs can further reduce trading costs. Customer service is none existence and takes 3 weeks to get back to you and that’s with constant chasing. Learn more about Baksta’s Legal Terms. Returns or profits may be subject to capital gains tax. It also provides key analysis indicators to help users make informed decisions. Therefore, soon, the market could be as regulated as the traditional financial sector. In an environment where security breaches can have devastating consequences, the platform’s commitment to robust protection measures is commendable. Best regards,The PrimeXBT Team. Traders also benefit from flexible leverage of up to 200:1, allowing them to trade Bitcoin or other Crypto with a smaller initial investment. Or for an experienced trader to find the advanced features they need. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns.

Payment Method

Do not make random unsolicited and/or controversial comments with the intent of baiting or provoking unsuspecting readers to engage in hostile arguments. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. Buy MTN Zakhele SharesBuy Solbe1 Sasol SharesBuy Sasol Inzalo SharesBuy Sasol Khanyisa SharesBuy Phuthuma Nathi Shares. However, it is advised to try the free demo account before using one’s own capital, as there is a high risk of capital loss. Don’t Pass Up The Offer. Compensation Fund per user. This increased market exposure can lead to higher potential profits, as traders can capitalize on price movements in the market. Test drive Crypto Futures with Contests. Our KYC/AML policies include industry standard financial monitoring procedures, enabling us to identify any activities that may necessitate additional CDD review. Active for: up to 30 days after activation. When considering cryptocurrency exchange rankings, though, both of these types of businesses exchanges and brokerages are usually just thrown under the umbrella term exchange. You are making a trade based on future price movements. When using fundamental analysis, you can combine it with different metrics, such as on chain metrics. Links to third party websites on Cryptolinks. This is important to note since it is wise to choose a trader who has a long, proven track record rather than one who has been on the platform for a few days. This makes it an ideal choice for traders looking to buy crypto quickly and anonymously. As the Cryptocurrency market continues to evolve, Ethereum stands out for its versatility and potential applications across various industries.

PrimeXBT Trading Platforms

All data is delayed by at least 15 https://primexbtinvest.com minutes. ISM Manufacturing PMI, ADP Employment Change, ISM Non Manufacturing PMI and Swiss Consumer Confidence data. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. Double click trading: This feature enables traders to send new orders, cancel working orders, and close positions without confirmation, all with just a double click. GBPAUD is consolidating after the 1. 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. These services are governed by the legal terms and conditions of PXBT. Understanding the risks associated with foreign exchange trading is crucial, and consulting with an independent financial advisor is an option if there are any uncertainties.

Ready to put your insights into action?

All you have to do is share your unique referral link with people online. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. Each coin’s buy and sell price will be listed on the exchange. In the realm of online trading, the user experience and quality of customer support are pivotal in defining a trader’s journey. I see advantages of futures trading. Go to Settings > Security and enable Install from Unknown Sources if prompted. PrimeXBT is a perfect match for copy traders. Trading involves risk. Perfect Money is a very popular e payment method that makes it easy to deposit in fiat and trade Crypto or any of the other 100+ markets we offer. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. 3 billion fine for failing to comply with AML regulations. 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. Orders may be rejected for reasons like insufficient funds, slippage settings, or reaching the maximum allowable open positions. For example, a 20x leverage means that if you have $1, you can trade up to $20. Thanks for your patience. IO is a cryptocurrency broker based in United Kingdom that launched its service in and offers individuals to buy and sell more than 109 cryptocurrencies.

Author

The few features that aren’t yet included are related to the Covesting copy trading module and yield accounts, but PrimeXBT plans to add these in upcoming iterations of the app. PrimeXBT is a popular platform offering cryptocurrency, forex, commodities, and indices trading, with up to 200x leverage for cryptocurrency and other asset classes. Hub participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog and connect with the Community;Main make deposits, withdrawals, keep track of your account’s activity and statistics. Solana’s blockchain is designed to use a unique combination of technologies to achieve its high speed and scalability goals. Similar to the funding or depositing section, the withdrawal function is fairly simple. Hub participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog and connect with the Community;Main make deposits, withdrawals, keep track of your account’s activity and statistics. Like other cryptocurrencies, XRP is traded on various exchanges, and its price is influenced by market sentiment, regulatory news, and overall crypto market trends. This essentially ensures that SEC can not appeal the initial July 13th decision made by U. The remaining 40% is spread equally between the platform and the strategy manager whose strategies the user copied. They’re definitely helpful for refining trading skills.

How to trade on PrimeXBT instantly?

Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. However, users might encounter payment issues from time to time. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. Vincent and The GrenadinesCompany Jurisdiction / Registration: SeychellesCEO / Owners: Unknown. As of today, the current value of 1 XRP is 2. Positions closed before the start of a new trading day 00:00 UTC are not charged. These apps will allow you to place trades and monitor open positions on the go. You cannot get it just by registering and making a deposit. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. 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. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. We will cover its trading instruments, security features, customer support, trading fees, and ease of use to offer you a holistic understanding of the platform’s offering. The losses you make with short selling will surpass your initial investment. Some of the largest cryptocurrency exchanges offer derivatives trading options such as contracts for difference CFDs, futures and options. Trade 100+ markets like BTCUSD, EURUSD and SP500. Learn more about Baksta’s Legal Terms. 2024 00343, having its registered office address at PKF Corporate Services Ltd.

Download PrimeXBT Android App

It has recently become impossible to trade with primexbt, as the trading platform freezes very much when opening an order, and when it reaches the take, it does not close immediately, so the price turns in the other direction. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. Also, we highly recommend enabling 2FA 2 factor authentication and login notifications. BITCOIN BTC/USD: Bitcoin has finally reached new all time highs. The site lists 14 countries on its «prohibited jurisdictions» including Canada, U. At the time of writing, PrimeXBT claims to have over 40 employees and boast over $545 million in average daily volume. We personally contact support using all available methods and present hypothetical problems that users might face. This can be accomplished by backtesting and knowing that the system is not only profitable but how it behaves over the long term. The biggest strength for PrimeXBT is that it offers multiple different asset classes for traders with deep liquidity and a high performance trading/matching engine for a flawless trading experience.

Restricted Jurisdictions

You can fund your account on. Location wise they seem to target Latin American traders as their website can also be viewed in Spanish and Portuguese. Looking for a straightforward PrimeXBT review that tells you if it’s a worthwhile platform for trading in 2024. In copy trading, your trading results fully depend on the trading performance of your followed traders. In the context of cryptocurrency trading, a bear trap refers to a scenario where crypto prices seem to be declining, but on short sell, they suddenly reverse and rally upwards, causing losses to those who had bet on the price decline. Visit our Help Centre. The leverage on trade is also high for maximum profitability. No, PrimeXBT does not charge an additional fee for the manual review of a withdrawal request that triggers a suspicious activity alert. Understanding the risks associated with foreign exchange trading is crucial, and consulting with an independent financial advisor is an option if there are any uncertainties.

Coin Search

PrimeXBT offers seven cryptocurrency trading pairs one of the lowest among active exchanges. However, there are a few things that you will have to keep in mind. ❕ Please note that we do not recommend to utilize 100% of Available margin as this creates a significant risk of even the smallest negative P/L resulting in liquidation of the position. By understanding the factors contributing to the growth of PrimeXBT’s user base, traders can gain insights into the platform’s market appeal and the reasons behind its popularity. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. While it enhances your trading capacity, it cannot be withdrawn. The turbo function determines the possible reward for a successful trader who made the correct predictions. Learn more about Baksta’s Legal Terms. Here are some of the main Pros and Cons you should consider from this PrimeXBT review. It is also very much worth to buy XRP because not only is it a smart choice in the Cryptocurrency space for its differences, it is also a coin that is on the lower side at the moment. Twitter: aylerTBMLinkedin. XLM, an altcoin trading under the symbol XLM, gained popularity during the 2017 crypto hype bubble and rose to become. Those that don’t are often quickly approached up by the ATO. Among variously different expressions in PrimeXBT campaigns, the slogan «Official PrimeXBT Linkedin. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. For stocks in the United States as an example, you need to deposit at least $2000 with your brokerage, or 100% of the purchase price, whichever is less. We’ve rounded up 15 of the best non KYC crypto exchanges in November 2024. He received his MBA from the Wharton School in May 2007, with a major in Finance and Entrepreneurial management. Limit orders are a great way to ensure you do not get filled at a less advantageous price. PrimeXBT is a robust trading platform that offers a variety of financial instruments, including cryptocurrencies, forex, commodities, and indices. Following the results of the U. This behavior isn’t the best strategy for profits and can result in investors holding through bear markets. PrimeXBT launched leveraged crypto trading on February 4, 2019, gaining a huge following as a result. Be prepared for this rollercoaster ride and only invest what you can afford to lose.

JonathanCortez99

However, the Dogecoin community could drive new iterations and projects. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Choosing the right trading platform is essential for successful cryptocurrency trading. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. There are professional charting options and multiple order types that customers can take advantage of. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer. It’s important to consider the cumulative effect of trading fees, especially for high frequency traders. If there is no seller on the market, you can’t buy. This fee structure is straightforward and transparent, ensuring users are aware of the costs associated with moving their funds off the platform. We’re continuously working to expand our selection to better meet our traders’ needs. What’s the story behind this cryptocurrency exchange. SOL is the native token of the Solana network and serves multiple functions within the ecosystem. This allows the sector to operate more independently than the traditional fiat system. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. The RSI is repeating a sequence previously formed after a bottom. Yet, PrimeXBT is not available to traders in the United States due to regulatory issues. In summary, PrimeXBT combines high leverage, a wide range of assets, and an easy to use interface. Prime XBT does not charge deposit or withdrawal fees. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Once you have selected a strategy manager and started copying their trades, it’s important to monitor and manage your investments regularly. This article provides a comprehensive PrimeXBT review.

TEDAVİLER

Bitcoinist is the ultimate news and review site for the crypto currency community. To add funds to PrimeXBT, log in to your account, navigate to the «Deposit» section, choose your preferred deposit method crypto, bank card, or fiat, follow the instructions to complete the transaction, and your funds will be credited to your PrimeXBT account. These services are governed by the legal terms and conditions of PXBT. The platform supports various deposit methods, including cryptocurrencies, providing flexibility for users. Margex does not require KYC for crypto only funding, but KYC is necessary for fiat deposits. For Followers, it’s an opportunity to automatically replicate successful trades, unlocking passive profit potential without actively participating in the market. You will find plenty of service providers who don’t offer your preferred method of payment and this might result in you having to make accommodations for the online service. Fundamental analysis can be more beneficial during a bull market, when Crypto assets are trending and technicals are overheated. In the next section, we will explore the specific countries where PrimeXBT is supported. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. 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. Your insight on cross pair futures trading is noted, and we understand that offering more flexibility in this area could be beneficial for traders like yourself. Availability and Responsiveness of Support. They have developed their own trading technology, making the platform robust with plenty of key features. We are always here to help you. Almost all altcoins are trading in the green, with some exceptions. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. It is also quite a tricky set up as it requires a lot of technical know how in regards to setting up a server and the inner workings of blockchain. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. Prime XBT Trading Services, S. With PrimeXBT you have access to various trading assets; CFDs, Forex, Crypto, etc. Bitcoin and Ethereum plummeted by around 80% each, while other altcoins fell upwards of 90 to 99%. PrimeXBT is a trading platform, offering a ‘one stop shop’ solution with numerous products and services combined in a single account with an intuitive and user friendly interface. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms.

Worse

Here we’ll focus on how crypto futures trading works for perpetual futures, as these are the types of futures contracts traded on the PrimeXBT exchange. Cryptoassets are highly volatile. Your initial value of the position at $12,000 now is worth $9,960 – of which $6,000 needs to be paid back. This method effectively measures the capability of customer support to assist both active traders and casual investors. These products may not be suitable for all investors. They are not charging settlement fees on the contracts but are charging an overnight rate for holding the position. After registration, you will go to the Personal Cabinet with the trading platform, where you can. Trading involves risk. One of the most well known is the NFT marketplace OpenSea. Trading should be considered only if one has the appropriate risk capital. That extends to our AML software, for monitoring all on chain transactions, which is one of the most advanced in the industry and something we have been using for the last few years. «, and hopefully help you with your investment decisions. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. The platform features a diverse range of derivative trading instruments, including Crypto Futures and CFDs for both traditional assets and Crypto. Furthermore, you may be subject to the general risk that any Cryptocurrency or blockchain project carries.

Collect Your Rewards

It mainly accepts cryptocurrency deposits but has a four tier referral program and the Covesting module. It is designed to appeal to both high frequency traders and those making occasional trades. PrimeXBT offers different account levels, each providing a range of benefits and features to cater to various trading needs. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Go to Settings > Security and enable Install from Unknown Sources if prompted. PrimeXBT’s traditional asset CFDs provide traders with access to a diverse range of financial instruments, allowing for ample diversification and investment opportunities. To ensure the highest level of accuracy and most up to date information, BitDegree. Efficient trade execution and high liquidity further enhance the cost efficiency of trading on PrimeXBT. Experience hassle free deposit and withdrawal options with PrimeXBT. PrimeXBT offers various withdrawal methods, including. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. Another key point is that Bybit accepts several different coins for deposit, including BTC, ETH, XRP, SOL, and USDT. In simple terms, when you trade on margin, you only need to deposit a fraction of the total trade value as collateral, while the platform provides the rest of the capital. Many traders, especially the novice ones tend to mention in the reviews that the platform is not easy. Overtrading means opening trading positions out of the risk boundaries that you’re able to manage. 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. This is to verify a customer’s identity and minimise their risk of being defrauded or their funds being used or originating from illegal activities.

Worse

Some traders will trade just one currency pair overall, but there is a whole world of good opportunities in the Forex markets. Also, its «turbo» trading option allows you to make short term price predictions. With their leveraged tokens and stablecoin collateral wallets, you can trade on margin in a convenient and effective way. They help you make smart decisions and reduce risks. Scan this code to download app. Sí, PrimeXBT está disponible para usuarios argentinos, ofreciendo una gama completa de herramientas y servicios de trading adaptativos para satisfacer las necesidades del mercado local. By learning from both successful trades and cautionary tales, you can approach leverage trading with a more informed and risk averse perspective. Referral linking is a recurrent issue with new exchanges and ICOs. As we delve into the specifics of how to trade Dogecoin on PrimeXBT, these platform features provide a backdrop for understanding the full potential of your trading experience. The order form also displays recent trades and order book data. This is because moving averages are considered to be a lagging indicator, and therefore sometimes the markets can ignore them. By understanding these fees in detail, you can make more informed trading decisions and enhance your financial outcomes. PrimeXBT has established itself as a go to platform for traders interested in diverse financial markets. This mobile app provides strong functionality, allowing users to trade on the move, track markets instantly, and easily handle their accounts on any iOS or Android device. MT5 services are provided by our partner, PXBT Trading Ltd «PXBT», a licensed Securities Dealer in Seychelles under License No. GOLD XAU/USD: Gold has cooled slightly over the past few days.