User Experience on PrimeXBT

As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. To register on the PrimeXBT website, you need an email address and a password. PrimeXBT does not offer any real stocks for value investing. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. A limit order will give the trader more control over the execution price of a trade, especially if they are worried about using a market order during periods of heightened volatility. Baksta is a virtual currency exchange operator and virtual wallet holder with the Financial Crimes Investigation Service FCIS. PancakeSwap doesn’t require users to create accounts, and all transactions are handled through the Binance Smart Chain. Switching markets and searching trading pairs on PrimeXBT is straightforward. Select additional ayrıntıları göster content. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. As with part 1, total prizes worth $10,000 are there to be won. Diversify your trading with access to CFDs on Forex, Indices, Commodities and Crypto, all from a single account. Traders can insert or remove widgets, resize and move panels around, change chart appearance, colours, grids and spacing, and basically rework everything in a manner that suits them.

Bybit vs PrimeXBT

None available at this time. By choosing the right asset classes based on their fee structures, traders can optimize their trading costs. It’s important to stay updated with the latest developments and news to understand how Chainlink continues to evolve in response to the changing landscape of blockchain technology and decentralized applications. The Fee Reduction Bonus is a bonus that provides users with a discount on trading fees and overnight financing charges on the PrimeXBT platform. This is an added benefit since the Cryptocurrency market can be traded around the clock. One drawback is the spreads are not the lowest in the evenings. You alone are responsible for evaluating the merits and risks associated with the use of our systems, services or products. Our 24/7 support team here to helpLive chat.

Why Trade Bitcoin with PrimeXBT

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. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Unlike its larger competitors, PrimeXBT does not offer P2P trading. Scan this code to download app. Jane Doe, Experienced Crypto Trader. After registration, you will go to the Personal Cabinet with the trading platform, where you can. 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. Users are responsible for understanding the operational mechanisms and risks associated with automated trading systems before use. This means that with a small amount of capital, traders can gain significant exposure to various financial markets, including cryptocurrencies, forex, commodities, and indices. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. I’m going to start off with a big spoiler right off the bat. PrimeXBT operates under a regulatory framework that includes anti money laundering AML laws, know your customer KYC requirements, and data protection regulations. And finally, the 5 supported commodities. Customer support is an area where PrimeXBT truly shines. Risk Disclosure Statement. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Make your Crypto work for you by using it to trade 100+ markets on our platform. In order to make any movements from the cold wallet to the hot wallet, they make use of multi signature access that needs to be executed by multiple employees. I reviewed PrimeXBT’s legal documents and found that everything was in order. Trading fees on PrimeXBT consist of maker and taker fees. Up to $100 welcome bonus. Our ratings and reports do not contain any paid placements. It’s great to know that our platform helps you effectively allocate risks, which is crucial for maintaining a balanced and resilient trading strategy. Besides my profit, the exchange charged an extra £29 in fees. These will be processed almost instantaneously. We’ve got you covered with access to 100+ global markets on one platform.

How to install PrimeXBT app?

This site contains affiliate links to products/services. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. This may impact how, where and which companies / services we review and write about. A word of warning for US investors though, in June 2023, CoinEx agreed to stop onboarding new US clients to its platform imminently, following a large settlement and ban from operating in New York. Human help when you need it. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. 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. Once you have completed the required steps, the bonus is usually credited to your account within a few minutes, allowing you to start trading immediately. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. In his current role, Mr. However, it has become standard on most trading platforms. A crypto affiliate program will take payments in cryptocurrency and the payouts will often follow this. Compensation Fund per user. Unlimited via Perfect Money. These rewards go beyond the ordinary, providing you with additional benefits. When the market hits your stop loss and you get stopped out, the maximum loss should not exceed 2% of your trading account size. You can also buy cryptocurrencies with debit or credit cards. These products are not suitable for all investors.

What Can You Trade With PrimeXBT?

First, it’s crucial to identify and target a specific audience interested in cryptocurrency trading or related topics. Refrain from linking posts on social media such as Telegram, Discord, Facebook, Twitter etc, except official social media content from PrimeXBT and Covesting groups and channels. 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. 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. Brand operating since. Based in Zug, Switzerland, the Foundation works alongside IOHK and Emurgo to promote the growth and adoption of the Cardano blockchain. These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth and popularity of the project. And finally, the 5 supported commodities.

How to Trend Trade Bitcoin

Among the most common improvements altcoins attempt to make over Bitcoin, is improved transaction speeds. It also offers a decentralized app, plus a Chrome extension. 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. Trade 100+ markets like BTCUSD, EURUSD and SP500. PrimeXBT doesn’t charge any account fees, while deposits and withdrawals are also free of charge. Trade cryptocurrencies, commodities, Forex, and major stock indices with ease using CFDs. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. 🗓️ For more information on the markets that will be affected, see the table here: eng. Some customers report that the apps are solid and very useful, while others complain that the platform is slow and glitchy. Brand operating since. Sign up today and start earning with a trusted brand that offers comprehensive affiliate support and resources. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. Although leverage trading is a risky activity, it lets you enhance your position size by borrowing funds from the platform. In order to maintain the list’s accuracy, we conduct a weekly review to ensure it is as up to date as possible. TradeOgre is a centralized crypto exchange established in 2018 that allows investors to trade more than 120 cryptocurrencies. 🇯🇵 Minor pairs: Pairs that do not include the USD but involve other major currencies or a mix of a major and a smaller economy currency, like EUR/GBP, AUD/JPY, and GBP/JPY. Some top alternatives are Amazon, CJ Affiliate, and ShareASale affiliate programs. Technical analysis usually involves implementing a wide range of tools and indicators. With flexible deposit and withdrawal options and speedy payments, it’s zero risk to start earning. Moreover, blockchain technology is still fairly new and is susceptible to hacking attacks. PrimeXBT does not charge any deposit fees.

Drawbacks of the Percentage Based Tradable Bonus:

However, cryptocurrency trading with PrimeXBT includes a 0. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. BTCC:Tom Harris, an experienced futures trader, comments, “BTCC has been reliable for my futures trading. Before contacting the Financial Commission you have to raise the issue to PrimeXBT customer support team first and provide all relevant information for review. This step is crucial for detecting and preventing any suspicious activities that could compromise the security of the platform and its users. AND paid just 0,01% for that LOL. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. To sign up, simply enter your email and select a password. PrimeXBT Trading Services, S. If you have specific tools or features in mind, please let us know at. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. During the withdrawal process, all applicable fees are clearly presented, enabling users to fully understand the costs involved before they confirm their transactions. Now that you know which platform has the assets, instruments, tools, and features you want to utilize to trade, next it is critical to ensuring any platform you are choosing has strict security features and is known for general safety. The company not only offers transparent cooperation conditions to its customers, but also cares about the safety of their funds and financial transactions. The file is verified secure by PrimeXBT. Despite the recent setbacks to the industry and asset prices, the cryptocurrency market continues to capture the attention of traders around the world. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Even so, Binance has set itself apart by offering an insurance fund for user assets. PrimeXBT supports multi asset accounts where clients can buy or deposit, trade, and earn in their choice of Crypto and fiat currency options, including BTC, ETH, USDT, USDC, and USD. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. Following is a handpicked list of copy trading apps and platforms with their popular features and website links. While some may be tempted to use a VPN to get around this seeing as the platform doesn’t enforce mandatory KYC, MEXC is clear that any users who break its terms and conditions for using their platform may have their account suspended and access to their funds revoked.

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You can track your active Contests and see data for past Contests on the ‘My Contests’ page. Date of experience: September 8, 2024. The platform will then send you an email to complete the verification. 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. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. PrimeXBT has established a presence in the United Kingdom, catering to the community of traders among British citizens. Required fields are marked. A withdrawal address can be whitelisted by clicking the ‘Withdraw’ button for the asset you wish to withdraw, in your Dashboard. Or search for a confirmation email from. This means your earning potential is enhanced with PrimeXBT. 50 level, and the order is triggered. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Dear Aran,It’s great to hear you’re enjoying the robust platform and modern instruments. It was interesting to dig out info about their legal side. This makes it a versatile choice for traders seeking diverse opportunities. These include fan lines, Fibonacci, retracements, and other trend lines. Once you start getting good at the basics, it is possible to increase your profits by doing the same thing, but with better techniques and tools — such as margin and leverage trading. Since 2018, PrimeXBT brand was been providing traders all over the world with cutting edge financial technology, helping them make the most out of the markets. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. It must be entered into a special box on the site. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. Easily buy Crypto with Visa or Mastercard. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Taking Bitcoin as a salary is still quite niche, as there are not many places you can pay all your bills with crypto yet, but it is still an option. 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 what is it?

Swap rates on leveraged overnight positions are the most ignored trading costs. COV staking on PrimeXBT offers benefits for users who participate in the Covesting modules: followers of copy trading strategies, strategy managers, and users of the PrimeXBT Yield accounts. Comments: Prime XBT earns a five star rating for its outstanding features, making it an exceptional choice for businesses looking for an effective cryptocurrency exchange solution. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Select the currency you want to deposit. Unlimited for verified users. Cryptocurrency, Forex, Indices and Commodities. These accounts have a withdrawal limit of 20,000 USDT per 24 hours, which is quite generous for an unverified account on a reputable exchange. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. A strategy is a pool of a trader’s personal funds which are visible to the public and can be followed by other customers on the platform. Keep an eye on the platform and its social media channels to stay updated on the latest offers and take advantage of these special deals to maximize your trading potential. The 24 hour trading volume amounts to $1219730191 USD. This website is owned by PrimeXBT PTY LTD. Ask your question in the comments below. USDT, USDC and COV can be deposited via ERC 20 or BEP 20 network. If Dogecoin future price action becomes bullish again, $1 is finally possible.

Exclusive Crypto Deal List of 2023

Of course, being affordable isn’t the only benefit of trading with primexbt. Remember: don’t invest more than you’re willing to lose and happy trading. Remember, for every buyer, there has to be a seller. Bitcoin BTC was introduced in 2009 by an anonymous entity known as Satoshi Nakamoto. They only have two types of fees, and these are the trade fee and the overnight fee. If the position drops $100, the platform then moves $100 from your available capital to your margin capital. Buying your favourite cryptocurrencies is both quick and easy. Weekly recap US stocks were mixed during the holiday shortened week, and gains on Friday helped indices finish off the worst. These include the United States of America, Japan, St. 1M+ community members. This section will provide a detailed list of the countries where PrimeXBT operates, highlighting the key markets and regions where the platform is most popular. 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. Storing coins on an exchange is often considered a no no due to all of the hacks everywhere in the crypto industry in 2018. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. This is what you call an advantage.