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You can even close out your trade to market. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Twitter: aylerTBMLinkedin. Get access to a wide range of trading, investing, and Crypto services from a single app. Finance Magnates CY Limited. This transparency helps you choose a trader you’re confident in copying. 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. A stop loss closes your trade automatically when the price reaches a pre PrimeXBT ngoại hối specified level, allowing you to precisely determine your potential losses before even placing a trade. Learn more about Baksta’s Legal Terms. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. However, a substantial portion of ADA’s supply was already unlocked at launch. Com is offering several coupon codes that can provide significant savings. 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. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. You use a stop loss order to protect losses in your account. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. Data field in response contains initial state of subscribed channel. Here you can find additional information on how to trade futures products. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. TradingView charts are also available, helping users analyze and make better decisions. There is no account fee, and the trading fee is 0.

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Every transaction in Bitcoin comes with a fee that is paid to the miner that verifies the transaction to be true. From under $1, ETH rocketed to $1,400 per coin, only to fall by 94% to $80 each. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Claim $100 by depositing a minimum of $500 within your first 48 hours. Founded a few years ago by an expert trader, RWS offers six channels in total, including one that offers free Crypto signals, the others being premium VIP channels. To protect user data and integrity, PrimeXBT has developed a comprehensive anti money laundering AML system, adhering to the guidelines and recommendations of the Financial Action Task Force FATF for Virtual Asset Service Providers. Strategy Managers take the lead, controlling the trading activity of their managed strategies, while Followers seamlessly replicate these trades. For those preferring to use fiat currency, PrimeXBT facilitates cash deposits via third party providers like Volet and Perfect Money. You can use your Demo Account in multiple ways. PrimeXBT’s mobile app, available on iOS and Android, provides fast and convenient access to the market anytime, anywhere. PrimeXBT is a leading CFD broker, licensed and regulated by the FSCA, that offers an all in one trading platform to trade over 100 popular markets, including CFDs, Forex, Indices, Commodities. Next, we will discuss how to choose the right strategy manager on PrimeXBT. Software Common with Pocket Option and Coinbase. $20,000 or equivalent for unverified users. Best regards,The PrimeXBT Team. Only proper legal or regulatory authorities will receive customer transaction data. Combined with MEXC offering 74 additional derivatives pairs and 1,496 spot trading pairs and it’s clear that the exchange is an excellent crypto leverage platform for active traders looking to move away from Bybit. Whenever you browse through an online service, you need to consider what they are offering to new customers before you go ahead and open your account. BTC/USDT is currently the most active trading pair on PrimeXBT, and saw $ 428. PrimeXBT has you covered with a variety of educational materials.

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This will result in maximum margin utilization at 1:200 leverage and 0% of Available Margin will remain. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens. It also offers a ‘turbo’ trading option for making short term price predictions. Mon Coaching Séduction. This has led traders who want leverage or derivatives to seek out platforms like PrimeXBT. PrimeXBT is also home to the copy trading module, connecting followers with skilled strategy managers, allowing them to copy the trades of more skilled traders, and earn alongside them. Once you have selected the desired exchange direction, the amount of currency to exchange, and chosen a fitting exchange rate, click on the blue ‘Confirm’ button to execute the exchange.

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How to trade at PrimeXBT

This was indeed also our experience. Withdrawals on PrimeXBT are processed once daily between 12:00 and 14:00 UTC. By far the best exchange site and very reliable for buying and selling of cryptocurrencies. I tested both versions and found that they offered a smooth trading experience without any significant compromises. These issues may arise from unverified accounts, mismatched information, or incomplete verification processes. Virtual Assets are high risk products, highly volatile, with fluctuating values. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. If used properly, margin can help boost your returns, allowing you to grow your trading account much quicker than you normally would be capable of. This fee is relatively standard in the industry, covering the transaction costs on the blockchain. The broker does not charge handling fees for payments; however, third party processing fees may apply. One of the best aspects of the platform is their support team. At PrimeXBT, all leverage related calculations are handled seamlessly in the background, allowing traders to focus entirely on their strategies. PrimeXBT is a leading trading platform that offers a range of bonuses to enhance the trading experience for its users. 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. Frequently Asked Questions. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. Always prioritize the security of your funds and personal information while trading on any platform. This helps ensure that there is no single point of failure and less risk in the event of a single employee being compromised. Being able to access tokens early while they are at pre public sale prices can often lead to lucrative gains, but these projects also come with higher risk as they are brand new and highly speculative. Powerful platforms to suit all trading styles and needs on any device. PrimeXBT Trading Services, S. Key Features of PrimeXBT Margin Trading. We hosted an entire series on copy trading and how it can be beneficial to a large scope of traders: Copy trading series. Scan the QR code with your device’s camera and get APK file. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. If you are looking for a pure, no frills, professional grade cryptocurrency only exchange, out of these two, Bybit is the winner, hands down. These features make the PrimeXBT Apk a powerful tool for traders who want to effectively manage their investments and trade the markets anytime and anywhere. In 2023, despite market downturns, Polygon’s network continued expanding, supported by major partnerships with companies like Nike and Starbucks. Our human support team is here to help 24/7, in your language. 6 months ago 416 views.

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05% per trade and portfolio copied on Covesting which is very competitive in the industry where trading fees between 0. 76 for 2025 — about a 1,768% increase over its current price. Head to the “withdraw” page and provide your Bitcoin wallet address. We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. By the end of this article, you will have a clear understanding of the costs associated with using PrimeXBT, which will help you plan your trading strategies more efficiently. The first thing experts recommend looking at when considering crypto exchanges is their reliability. Higher leverage can help increase profitability, but can involve more risk, and needs to be managed. 05%, significantly lower than many comparable Contracts for Difference CFDs brokers. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. PrimeXBT Trading Services, S. Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. It uses safe storage and encryption to keep things secure. Once you have completed the registration and KYC process, you can begin trading on PrimeXBT. Traders can also trade Commodities and Indices via Contracts for Difference CFDs. For those who haven’t completed any KYC, you won’t be able to access earn products and your daily withdrawal limit is 20,000 USDT. Systematic risk is inherent to the entire market, which means it can’t be reduced through diversification. Virtual Assets are high risk products, highly volatile, with fluctuating values. That being said, the trader will not know how the system typically performs and will not stick with it. There are a lot of advanced tools for effective trading and the interface with TradingView is really beautiful. But have in mind that if you’re looking for specific features, these evaluation points might be less important to you than others.

Where is PrimeXBT legal?

However, beyond Bitcoin and Ethereum, the landscape is constantly evolving and shifting. This section will explore various risk management techniques that traders can employ to mitigate potential losses and manage their risk exposure. As well as this, the exchange offers earn products and promotional rewards. A turning point came in mid 2023 when Ripple secured a partial legal victory against the SEC. Coin Bureau readers who sign up to PrimeXBT can receive a 35% bonus if they sign up with our sign up link. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. As we are comparing cryptocurrency exchanges, Bybit is the winner, with a much larger range of 280+ coins. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Call options have a positive delta while put options have a negative delta. Indiana University Bloomington Indiana University Bloomington IU Bloomington. Trade 100+ markets like BTCUSD, EURUSD and SP500. PrimeXBT charges two types of fees: trading fees 0. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. EA Trading Academy does not hold registration as an investment advisor, broker, or dealer. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. Asset coverage is one of the more impressive aspects of the PrimeXBT trading platform. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Arbitrage is a method that allows you to take advantage of the different prices across different cryptocurrencies, and exchanges, and to buy at lower prices in one place and sell higher at another for profit. All the services on the Tradersunion.

How to Install the APK

PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. For instance, below is a screenshot of the PrimeXBT desktop homepage. AdvCash is a versatile payment processor that supports multiple currencies and offers instant transactions. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. We’re glad you appreciate the diverse range of assets available on PrimeXBT. While PrimeXBT aims to provide an inclusive and accessible trading environment, legal and regulatory considerations may limit services in specific regions. 50% of users recommend this product. Investors have less to lose, and dollars can go farther in every crypto investment than they did when the market was at its peak. PrimeXBT does not have a traditional return policy as it is a cryptocurrency trading platform. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. 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. This is a break down analysis of EURUSD ahead of the Nonfarm Payrolls. Copy trading with PrimeXBT is quick, easy, and requires no prior trading experience. Trend trading is a very powerful strategy that is also suited for beginner traders. Accurate record keeping is essential to ensure compliance and avoid penalties. Deposit Purchase crypto via bank card or transfer via third party companies. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. TIP: Check out Coin Bureau’s PrimeXBT vs OKX Analysis. Advanced charting tools are available on the PrimeXBT Android app to help traders visualize market data and make informed decisions. In the case of a withdrawal, customers will need to head on over to the “withdraw” page where they will provide their personal crypto address and simply send the crypto funds to the address of their choice. Comparing these fees with other platforms can help traders choose the most cost effective option. Neither company is regulated by a major financial watchdog. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. So, should you use mobile trading.

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No incidents reported. This comparison helps in understanding the app’s capabilities and how it supports various trading activities. This would require you to sign up for an account from every single website and app you use. The complex interface is unsuitable for inexperienced traders. PrimeXBT offers specialized copy trading accounts where strategy followers and providers can connect and interact. It has gained popularity for its crypto margin trading capabilities. However, those represent some of the most trusted Crypto assets and are a good starting point for trading. This feature allows customers to automatically copy and execute the trades of leading traders who use the platform. They are unique in having a large customer base, good product, but also an anonymous ownership structure. Let’s take XRP/BTC for example. We offer a range of trading bonuses, as well as discounts on fees, on both CFD Trading and Crypto Futures trading accounts. Robinson moved into his current role of Executive Chairman, where he spends the majority of his time developing and executing group initiatives, either through the identification and execution of new acquisitions or developing and strategizing growth strategies for the existing portfolio. PrimeXBT processes all pending withdrawals once a day, between 12:00 and 14:00 UTC. There are two main types of storage for digital currencies: hot wallets and cold wallets. But first, let’s solidify these key concepts before moving on. The most obvious concern is the use of leverage, which is when you borrow money to control a bigger position than you normally would. The exchange does not currently offer fiat off ramps for withdrawals. Acquiring the skill of trading in the Forex market broadens the horizon for traders as it offers the chance to trade currencies of different nations round the clock. Well, everything is comfortable in client area because everyting is here.

Empowering traders with innovative global trading products since 2018

Well, I can give you some advice. However, it lacks other essential features like a depth of markets tool and does not support automated trading via Expert Advisors EAs. We’ve got you covered with access to 100+ global markets on one platform. Trade with Trailing Stops on 25+ exchanges. PrimeXBT’s trading platform has a pleasant and intuitive design and features basic tools like one click trading and alarm setting options. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. PrimeXBT offers standard order types including market, limit, stop loss and OCO. 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 products are not suitable for all investors. ApeX Protocol: Trade Crypto.

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Providing financial education to those who need it most has always been a passion of mine. Open the downloaded file and tap Install to complete the installation. Once your account is verified, you can proceed to the next step, which is setting up two factor authentication for enhanced security. This is active and manned 24/7. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. I have broken down the available order types on the platform below. In contrast, Zengo is designed exclusively as a secure, non custodial crypto and NFT wallet. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. You buy 2 ETH with 1:5 leverage, so your margin again stands at $1,600 1/5 x $2,000 x 2 ETH. Returns or profits may be subject to capital gains tax. Attend exclusive PrimeXBT events, network with other clients and learn new skills. Moreover, the company has moved its trading infrastructure to Switzerland. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. To help you better understand the PrimeXBT bonus, here are some frequently asked questions and their answers. When investors are confident and optimistic, they tend to buy more Cryptocurrencies, driving the prices up. Always trade responsibly and consider using small amounts to mitigate potential losses. Information regarding past performance is not a reliable indicator of future performance. This means that you can limit the margin that one position can use from your account, and limit the exposure. Instead, it has a Withdrawal and Refund Policy that outlines the terms and conditions for withdrawals and refunds. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. The broker does not charge handling fees for payments; however, third party processing fees may apply. Another instrument gaining traction in derivatives markets is the concept of leveraged tokens. This means that user funds cannot be sent to a rogue address in the instance where an account is breached.

TRADING

Firstly, Elon Musk changed his Twitter logo to the Dogecoin logo, keeping the project in the limelight with his support. Within a short period of time, PrimeXBT has grown exponentially and currently provides its services to clients in over 150 countries. 01%, while on PrimeXBT, they were consistently over 0. CFDs are available for any market, including traditional and digital assets. Registered in Seychelles; however, it’s not clear that the role of this company is. It supports over 100 cryptocurrencies with 172 spot trading pairs and 289 perpetual contract pairs, making it a versatile choice for traders. This comprehensive guide will provide detailed information about PrimeXBT’s restricted countries, the regulatory landscape, and the impact on traders. If you are a cautious trader, you might want to choose an order type that will enable you to limit losses. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions.

PrimeXBT what is it?

Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Nevertheless, the fact that there will be less and less new Bitcoin added to the global circulation of the coin means that, if demand suddenly increases over the next few years, the price could skyrocket. PrimeXBT offers membership plans that provide additional benefits for both followers and strategy providers. Comments: This software has helped me solve my payments issues with clients and co workers within my firm and also in volunteer fundraising. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Their list of features includes but is not limited to algorithmic trading, charting, back testing, crypto portfolio management, screeners in addition to crypto signals, crypto trading bots. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. We actually downloaded the PrimeXBT app and tested it out to see exactly how functional it was. 🟢 Online Privacy policy. Enter the promo code and click ‘Activate’. The absence of this procedure does not affect the user’s security on the platform whatsoever. Go to Settings > Security and enable Install from Unknown Sources if prompted. There are many cryptocurrencies available. This article is not intended for residents of the European Economic Area or the United Kingdom. Crypto Deposits: PrimeXBT offers free crypto deposits. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. This means a daily rate of 0. As a currency, Bitcoin was designed to allow users to hold and exchange stored value, as well as pay for products and services. PrimeXBT: “PrimeXBT is an absolute powerhouse for experienced traders. Short selling is selling high and re buying low. Copy Trading through its built in Covesting module provides another standout service – allowing beginner traders to automatically mirror seasoned professionals based on transparent track records exceeding over 2000% in net gains. The PrimeXBT affiliate program offers an opportunity for users to earn commissions by referring new traders to the platform. Throughout my testing, the app performed smoothly without any bugs or glitches. With a margin account, a user could deposit $100, and using the power of 100x leverage turn the capital into a $10,000 position equal to one full Bitcoin. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. Warning ⚡️: Trading leveraged futures products is incredibly risky. Low Minimum Deposit: With a starting deposit from $1, PrimeXBT is accessible to traders of all budget sizes. That’s why you always need to keep an eye open on your active trades. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List.

Web3 Explorer

With investing, the goal is typically long term profits, and a window of months to years between any buying or selling. Disclaimer: Any Advice or information on this website is General Advice Only It does not take into account your personal circumstances, please do not trade or invest based solely on this information. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Scan this code to download app. In nearly 5 years in business, PrimeXBT has never been hacked – a remarkable feat in the Crypto industry fraught with exchange breaches. As for the global markets, they are indeed a serious aspect of our platform, providing additional opportunities for diversification and exposure to different economic sectors and instruments. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. The crypto space is still new, which drives this volatility. RELATED: Check out The Ascent’s CEX. With the PrimeXBT iOS app, you can access over 100 markets, including cryptocurrencies, Forex, commodities, and indices. 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.

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