Customer Support and Resources

PrimeXBT offers various leverage options, including high leverage e. PrimeXBT is one such platform that has gained massive popularity recently through its numerous efficient services and promotional offers. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Despite the variety of choices, PrimeXBT is extremely simple to use. The PrimeXBT Academy is a special place for deep learning in trading. GOLD XAU/USD: Gold has cooled slightly over the past few days. 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. Overnight financing is incurred any time a leveraged position is carried into a new trading day. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Key sources include the official website, especially for new user sign up bonuses, and email newsletters, which often offer exclusive promotions. In 2025, we anticipate a significant bullish run for Polkadot DOT. You can reset your account password using the Password recovery feature. 🤝 Engage with a vibrant community. If you have any questions or need further assistance, please don’t hesitate to reach out to us at. Financial institutions using Ripple’s technology can leverage XRP as a bridge currency, potentially saving time and money on international transfers. Review collected by and hosted on G2. Next, we will discuss the various fees and costs associated with trading on PrimeXBT, helping you understand the financial aspects of using the platform. Is PrimeXBT suitable for beginner forex traders. Unfortunately, US traders do hit a bit of a snag here. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. However, if you want to hold, you will either need to create a digital wallet where you will store your cryptocurrencies, or you can store it on the PrimeXBT platform. It is nearly impossible to create such a large system free of security threats.

Bitcoin Price Prediction: Market Reset Complete, Bullish Relief Fades; Next Target: $70K

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. You can also sort markets by name and 24 hour change. If you forget your password, use the “Forgot Password” link on the login page to reset it. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Copy trading is a form of investment that involves copying the trades of other traders. Relay Chain: This is Polkadot’s core chain, orchestrating the entire network. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Código de bono de PrimeXBT Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. Attach Take Profit and Stop Loss to any order send. Launchpads are a fantastic way for retail traders to get early access to projects before they go public, a benefit that used to be reserved for VC firms, or those with deep pockets and friends in high places. Currently, PrimeXBT only allows direct crypto transfers. Virgin Islands, Northern Mariana Islands. Read our Terms, Cookies and Privacy Notice.

Privacy information leaks

PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. MT5 on all your devices. PrimeXBT is excited to announce that we will be at the world’s largest Crypto event, TOKEN2049 Singapore, which will take. It consists of five lines: Tenkan Sen, Kijun Sen, Senkou Span A, Senkou Span B, and Chikou Span. Receive the latest news and stay informed. On the other hand, if you want to simply short against USD, then select ETH/USD. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. You are depositing hard earned funds into an account and trusting the platform to keep those funds safe, therefore, it is critical to choose a trusted platform. If you want to trade cryptocurrencies, you need to use the following tips. Losses can exceed the initial investment. In order to battle this, Bitcoin Cash proposed increasing the size of blocks to between 8 MB and 32 MB, thereby enabling processing of more transactions per block. There are over 100,000 registered users and master traders, providing an array of trading opportunities and strategies to follow. 7 months ago 465 views. Bullish markets can lead to significant price increases for SHIB, while bear markets often cause price stagnation or decline. Binance was founded by Changpeng Zhao, its current CEO, and Yi He in 2017. The trading process can be very emotional if you are simply guessing, so it is important to have a set of rules laid out before you even get involved. Prime XBT Trading Services, S. The claim is that PrimeXBT is designed to be accessible for users with varying levels of expertise in trading different asset classes.

PrimeXBT Minimum Deposit

Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. As a derivatives trading platform, PrimeXBT does not offer any spot markets. Sophie Gatt RodriguesCoach, formatrice06 08 17 89 97. Prime Technology Ltd is PrimeXBT’s Technology Provider. This is similar to what we found in our IG review and it is always refreshing for our team to find a website of such quality. In essence, a higher adoption rate often signals more demand for ADA tokens. Followers can earn up to 70% of the profits generated by these traders, making it extremely attractive to those willing to explore and play. As you move forward to make larger trades and grow your profits, remember that trading with high leverage also involves a higher level of risk, so it’s important to trade responsibly and consider risk management strategies. Remarkably, YoBoy presents a high monthly profit of 270. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. PrimeXBT regularly offers ongoing promotions that provide traders with various benefits, such as deposit bonuses, fee reductions, and special trading rewards. The nature of futures and derivatives is that they have a more advanced user base, due to their increased complexity, which can make serving these individuals a little harder, as they have more specific aims and desires.

Is Binance unsafe?

We take pride in maintaining a strong reputation among traders by providing reliable and effective trading solutions. The benefit of this type of margin trading is that trading fees, and position value are more easily calculated. In this case, if your SL/Stop Buy order was executed, this means that the ASK price of the asset has reached the price specified in your order. To begin trading, you will first need to fund your account. Imagine investing $100 in Ethereum back in 2013 when it was a mere $0. Open the downloaded file and tap Install to complete the installation. PrimeXBT Trading Services Ltd is officially registered in St. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. 📊 Standout Features: PrimeXBT offers proprietary copy trading, allowing beginners to follow successful traders’ strategies. Visit PrimeXBT to experience the platform’s cutting edge financial technology. Therefore,the broker will be a good choice for professional traders. Instead, there is only one account providing all the broker’s services with no limits based on deposit size and trading volume. Bitcoin is trading around $60 63k now, after it hit a new ATH of $73k in March. JPY continues to work as a safe haven under the current geopolitical conditions coronavirus and may work against the BoE lift on GBP. This site contains affiliate links to products/services. 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. 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. Binance launched slightly aheadof PrimeXBT, and both have a bear market under their belt. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. Will Ripple be part of that new future of finance. This feature is appealing to users who prioritize privacy and wish to trade anonymously. Users praise the fair fees, good customer support, and a great trading environment. 2 months ago 151 views. If your deposit hasn’t appeared after a long time, check the transaction status on the blockchain. PrimeXBT offers mobile apps for both iOS and Android devices, allowing you to trade on the go.

Payment Method

PrimeXBT Trading Services LLC is incorporated in St. We appreciate your support, and we’ll keep working to bring you the best trading experience. KYC is optional on PrimeXBT. The MT mobile version offers the same essential features as the MT desktop terminal. Their fees are typically less than $2. But in my opinion, these are mostly negligible issues that will only affect a small handful of individuals, if any. Copy your deposit address or scan the QR code. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer. Scan this code to download app. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. The selection of options is quite wide. For instance, funding fees for BTC on Binance and Bybit were both 0. Score based on the quality and advantages you get for a certain price. These products are not suitable for all investors. Deribit Futures max out at only 50x leverage, while Deribit Options have a limit of 10x leverage on Options contracts. By adding margin accounts into the mix, it can lead to a recipe for total capital loss. You can stay updated on the latest bonuses through PrimeXBT’s official social media accounts, website, or newsletters. Visit PrimeXBT to find out more about the different account types available and chose the one which suites you most. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network.

Does PrimeXBT require KYC?

Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. Copy trading is also great for the „armchair” trader and anyone who is just looking to make some passive income. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 🚀 We’ll explore how PrimeXBT operates, its diverse services, safety measures, and its ideal users. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. There was a move above the $0. As mentioned above there are numerous factors that may define the overall value of this digital asset, making Ripple price prediction a walk through a dark valley. Larger positions will require more margin and hence reduce exposure – and subsequently broader risk. We are happy to offer wide range of trading tools to our users. Once you decide it is time to close your position, you can do so by taking a position that will be different from your original one. By breaking down the different types of fees and their calculations, traders can develop strategies to minimize their costs and maximize their profitability on PrimeXBT. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. This is much quicker; therefore, you can get in and out of the market without worrying about wallets. Due to their top trading system with a lot of automated trading setting options combined with high liquidity Bybit is a good choice for professional Bitcoin traders, even with bigger positions. Registered in Seychelles, PrimeXBT has offices in St.

Bot, Social and Copy Traders: Perfect Match

If you withdraw your funds from the account, any active bonus may be canceled. Learn more about Baksta’s Legal Terms. This section will explore various risk management techniques that traders can employ to mitigate potential losses and manage their risk exposure. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. To do this you need. PrimeXBT wallets are multifunctional. But, it’s important to know the risks. 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. Prime XBT Trading Services, S. They usually send withdrawals back to where they came from, unless there’s a good reason not to. Below are the discounts that you can earn based on the 30 day rolling trading volume.

PrimeXBT Forex CFDs:

PrimeXBT supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Tether, and many altcoins. Cryptocurrencies have become highly popular because they can also be used as speculative assets. It also has tools like stop loss and take profit orders to manage risks. The bid price is the highest price that a buyer is willing to pay for a Cryptocurrency, while the ask price is the lowest price that a seller is willing to accept. It’s great for both new and experienced traders. In a sense, what happened to Ethereum resulted from other parts of the crypto world, not necessarily anything involving Ethereum itself. The crypto market is quite different from the stock market. Bitcoin is currently at a $211 billion market cap, while XRP’s is roughly $11 billion, representing a $200 billion difference due to Bitcoin’s first move advantage. Earn up to 75% of profits as a follower, while providers benefit with up to 20%. Besides, Phemex has 30+ integrated liquidity providers, so liquidity won’t be an issue for traders. Dear Gokce,We appreciate your feedback on the versatility of the PrimeXBT trading platform. Traders can trade over 40 crypto assets, including popular pairs like BTC/USD and ETH/USD. Liquidity and trading volume are crucial aspects that determine your trading efficiency on cryptocurrency exchanges. You don’t have to enter your real name. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. If yes, we’ll show you how by clearly explaining how conventional crypto exchanges work. For more information, read our Terms, Cookies and Privacy Notice Manage Cookies. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. Volet deposits are free, while Perfect Money charges a 1. However, many traders have been burnt twice by hanging on through speculative bubbles. There are two different expenses trading fees and overnight financing fees. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. At the start of 2019, Bitcoin growth returned once again, and a powerful rally took Bitcoin price back out of the bear market lows, and above $10,000 to $14,000 before falling back down to $6,500. Self sovereign Identity, or SSI for short, seeks to keep a person’s digital identity and personal information, well personal. Another key benefit is Cardano’s dedication to sustainability and scalability. Implement risk management strategies such as setting stop loss and take profit orders, diversifying your portfolio, and regularly monitoring your trades and market movements. The PrimeXBT technical analysis platform runs on Tradingview. Here you will also find the Bitcoin address, you can request payouts, make system settings and so on. In short, PrimeXBT really cares about being a trustworthy place to trade.

Quick Links

Not suitable for beginners. The « Holy Grail » is the idea of Dogecoin reaching $1, but that is more likely than not to be a « pipe dream. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. While it operates in the crowded trading landscape, PrimeXBT has built a solid reputation for its robust security measures, competitive fees, and 24/7 customer support, making it a compelling choice for traders seeking diverse trading opportunities on a single platform. He primarly writes opinion pieces for Bitcompare. It can prove helpful for traders who are just getting started with Bitcoin trading. Cardano uses a powerful proof of stake consensus algorithm called Ouroboros to secure the blockchain. It also has strong support from the development community, often serving as a testbed for other digital currency projects due to its high developer activity and user friendly interface. It’s time to take a stand once you’ve devised a strategy.

BINANCE

In that scenario, the trader’s initial $6000 is now $3,360. For instance, 10x leverage allows for even more significant gains compared to 5x leverage. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available. In fact, it is that very Stellar Consensus Protocol that makes it so quick. KYC is optional and up to both traders if they want to require the other party to KYC through the decentralized identity systems that OpenPeer provides. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer. Can I still withdraw my funds. 2024 00343, having its registered office address at PKF Corporate Services Ltd. More and more crypto exchanges are offering lending services. Changing leverage allows you to control risk, optimize returns, adapt to market conditions, and customize your trading strategy. Withdrawal: Conditions not known, Contact PrimeXBT Support. Here are the new features and improvements included in the PrimeXBT app for Android. Furthermore, a big shot reward of $500 is available for deposits over $2,500, while a high roller reward of $1,000 is available for deposits of over $5,000. The referral codes allow exchanges to properly attribute users and distribute rewards, bonuses or fee discounts based on disclosed affiliate relationships.

MehmetKocaman

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. The result is a safe, reliable, advanced trading platform that has never experienced a hack and offers 99. Navigation was intuitive, with all the essential tools and indicators just a click away. All Crypto Exchanges may look similar to you but they’re NOT all the same. For enhanced security, PrimeXBT reserves the right to manually review a withdrawal request prior to its approval, particularly if it activates a suspicious activity alert. Shiba Inu is best shorted when the entire crypto space is falling apart. Brand operating since. Required fields are marked. Simply put, a crypto trading platform is a website, platform, mobile app, or all of the above, that offers investors exposure to buying and selling assets, or opening long or short positions. Information regarding past performance is not a reliable indicator of future performance. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Commodities can also be used as a proxy for economic growth, especially in the case of energy. No, PrimeXBT does not currently offer any services to residents of the United States. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. I tested both versions and found that they offered a smooth trading experience without any significant compromises. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. Even if you’ve been trading for a short amount of time, you’ve most likely came across the terms – bullish,. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Ensure that you meet the terms of each bonus before attempting to use another, as some bonuses might expire if not used within the specified period​. This website is for informational purposes only, and content should not be considered as professional investment, financial, legal or tax advice. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability.

Unlocked: Crypto Handbook!

However, this goes even higher to a maximum leverage of 200x for BTC and ETH margin trades which is higher than Binance , Bybit, and Phemex based on our reviews. On the commodities markets, silver, for example, is sold in lots of 5000 troy ounces, and its equivalent contract for difference has a value of 5000 troy ounces as well. If you have any further feedback or need assistance, please don’t hesitate to reach out to us at. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to. PrimeXBT provides various bonuses to enhance trading potential, but there are key rules and conditions for their use. No, I cannot trade for you. Therefore, before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk tolerance. 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. PrimeXBT provides customer support through email and live chat, ensuring that users can get help with any issues or questions. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. PrimeXBT offers a diverse range of assets, including cryptocurrencies, forex, commodities, and indices. Open the downloaded file and tap Install to complete the installation. Choose your wallet or one of your trading accounts to deposit to. They use something called Cloudflare, which is like having a team of security guards patrolling their website 24/7 to stop any bad guys from trying to break in. Thank you for your feedback and for trading with PrimeXBT. Cryptocurrency trading can be extremely profitable for those willing to put in the time, effort, and take some risks at times.

Subscribe for weekly updates

PrimeXBT does not charge inactivity fees, meaning there are no costs associated with maintaining an account that is not actively being used. This method effectively measures the capability of customer support to assist both active traders and casual investors. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. This is where you can manage various aspects of your trading activities, including the application of promo codes. Ready to take your trading to the next level. However, Litecoin’s supply is much higher, and it has been attributed to LTC’s low price. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. We have established comprehensive internal policies regarding the creation and distribution of marketing material, to ensure compliance with the most recent industry regulations and to eliminate the possibility of misleading our users. Reading Primexbt reviews, I noticed most people talk about the trading quality and low fees. 01% for takers, with potential drops to 0.

Web3 Explorer

Trading takes quite a lot of focus and attention, it can also be time consuming and require a mastery of the skill in order to be especially successful. PrimeXBT offers a wide variety of assets, making crypto asset diversity a key feature. The world of trading and Cryptocurrencies can be exciting, and the potential for high returns certainly adds to the thrill. They conduct thorough market research such as technical analysis, identify favourable technical indicators, and choose a suitable leverage ratio based on their risk tolerance. 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. Comparing these fees with other platforms can help traders choose the most cost effective option. Go to Settings > Security and enable Install from Unknown Sources if prompted. Brand operating since. In copy trading, market risk is the risk of changing prices in Forex, stocks, interest rates, and other assets that can negatively impact your copied trades. 9750 and the Support at 1. Be sure to check this section regularly to take advantage of special deals. Overall, PrimeXBT is seen as a reliable trading platform. The platform must also include a variety of trading tools, charting software, and exposure to several assets under one roof. PrimeXBT does not require KYC Know Your Customer verification for its users. Unfortunately, as the “crypto bubble” popped in 2021, Stellar Lumens went right down with it. When it comes to KYC, MEXC does have KYC, but it isn’t mandatory. The Ethereum ETFs approvals are now also a done deal. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. Today, in 2023, Litecoin has languished right along with some of the bigger crypto, as it is trading under $100, and has even seen $50 lately. Covesting is a unique way to make passive profit for anyone who doesn’t know how to trade themselves. The platform boasts a vast selection of tradable assets, with a simple and hassle free registration process, and a highly intuitive and user friendly interface. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. Kraken Pro is a preferred choice, too, since it charges less fee and has advanced trading options.