PrimeXBT Team

Date of experience: December 18, 2024. SandP 500 SDX: As the holiday season wraps up and the New Year begins, the SandP 500 remains a fascinating. Here you can find detailed information about our policies, terms, and conditions to ensure you have all the necessary information at your fingertips. As mentioned, you can also trade forex, commodities, and stock indices. Negative Market Sentiment: If investors have a pessimistic view of the cryptocurrency market, the value of Dogecoin may decline. Trading with high leverage on PrimeXBT may not be suitable for everyone. Combining risk management strategies with a strong mind and a powerful trading platform can be a recipe for incredible wealth. That can be done in the “Account” section of PrimeXBT. Yes, each promo campaign comes with its own set of rules and conditions. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. By trading a futures contract, traders can control a larger position size than their initial investment, amplifying potential returns. Upon registering, users automatically receive a BTC margin account. The NASDAQ, another very popular term when it comes to investing, is something that is sometimes misunderstood. PrimeXBT and Coinbase are quite different in their offerings. Fortunately, many platforms like PrimeXBT offer educational resources and tools to help users gain a deeper understanding of leverage trading. Throughout my testing, the app performed smoothly without any bugs or glitches. The platform also conducts regular security audits and complies with industry standards to ensure a secure trading environment. Carefully placing these stop loss levels is critical to win, and is crucial to proper trade management and risk mitigation.

◾️What are Long and Short positions?

How is the current xlm coin progress according to several news sources. Below are the commission rates. PrimeXBT offers a competitive and straightforward fee structure for crypto futures trading. Registered in Seychelles; however, it’s not clear that the role of this company is. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Trade fee is incurred each time you buy or sell assets on the market i. Although they have the same commission for your direct referral, BitMEX does not offer tiered referral payouts. To secure your crypto assets on non KYC exchanges, it’s crucial to use private wallets rather than leaving your funds on the platform. Click Download and confirm the file download if you see a warning.

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The broker offers only cryptocurrency based accounts on Bitcoin, Ethereum, USDC, and USDT. Those who are able to regularly implement trading risk prevention tactics will watch their capital levels grow at a steady, stable pace. Returns or profits may be subject to capital gains tax. Traders should be cautious when utilizing leverage, as they will also be responsible for the losses of the increased position size. If there is no seller on the market, you can’t buy. There is a lot of information available to foreign currency traders and https://primexbt-investment.com/einzahlungsmethoden/ it is difficult to decipher what is fake and what is legit. While PrimeXBT’s platform supports one click trading, its lowest timeframe is one minute which is not ideal for scalping. The platform employs a multi signature withdrawal system to enhance the security of user funds.

Does PrimeXBT offer any bonuses, welcome offers, or referral rewards to its users?

This leaves Volet and Perfect Money as the alternatives. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Having been a retail trader since 2013, Plamen has gained an in depth understanding of the challenges that novice traders face today. The PrimeXBT mobile app offers real time market data, advanced charting tools, customizable indicators, multiple order types, and secure account management features. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. ” This would include the idea of the ecosystem being able to allow seamless interchangeability between different blockchains. Once you place a trade using this order type, your trade request gets executed immediately at the best price available in the order book. If it had the API, I would say that this is a perfect trading platform. As a leveraged product losses are able to exceed initial deposits and capital is at risk. I moved to PrimeXBT because of the good reviews I found here. Additionally, favour traders holding more diversified strategies and assets, reducing exposure to one volatile asset blowing up the entire account. Using ChatGPT and other AI models, the following Cardano price prediction was created. This places PrimeXBT more in line with the fees model of a CFD broker than a Futures exchange. 💰 No minimum deposits required 🤝 Copy trading features available ⚡️ Fast execution times 🌟 Wide range of assets to trade 🔒 Proprietary wallets for security 🛠️ Market tools and customizable interface 📚 Educational materials provided 🆓 Demo account option for trying out the platform 🌐 24/7 customer support available. 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. It has come to our attention that several websites, as well as several social media accounts and online discussion forum accounts, have been posing as PrimeXBT or official PrimeXBT staff members with the goal of scamming users and stealing their funds.

Cardano price prediction from Charles Hoskinson

For more information, please see our Cookie Notice and our Privacy Policy. Margin might be a great tool if you have a profitable trading system. Direct bank account withdrawals are not typically supported on PrimeXBT as it is primarily a crypto based platform. 99% fee, not PrimeXBT. PrimeXBT offers its traders 3 different types of orders for entering and exiting trades. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Next, you will be required to provide a scan copy of a document confirming your identity. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Additionally, PrimeXBT supports the trading of Crypto BTC trade pairings. This minimized my losses and still only cost 0. Based on the EUR/USD trade that we have taken before, the value of 1 pip is 10 USD. Strategy Managers Profit and Loss. Unfortunately for PrimeXBT, this section of our review managed to score them quite low with regards to the competition. Upon joining a contest, you will be provided with a free pre funded contest account. Here are the new features and updates. Security is also front and center. Copytrading service deserves special attention. Active users across the world. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Very High Triple A rating by Certified. You can increase your available margin by depositing more funds, closing existing positions, or reducing open position sizes.

What Sets PrimeXBT Apart?

While the broker deserves credit for publishing an extensive collection of over 350 educational articles, the majority are overly subjective and abstract. I’ve already mentioned the charting functionality being powered by Tradingview, which is excellent, but users also have the ability to change to a standard chart or depth chart for another look at price and orders. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. There have been no reported hacks or security breaches in the exchange’s history. For example, if you have a deposit bonus and a fee reduction bonus active at the same time, you may need to choose which one to activate, as they cannot both be used on the same trade or deposit​. 🌐 Discover all about PrimeXBT, its features, and future updates directly on their official platforms. The company also supplies a knowledge base and video tutorials that help users understand the platform fast and easy. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. PrimeXBT does not require KYC Know Your Customer verification for its users. Compounding the uncertainty, recent legal actions by the SEC against Binance and Coinbase, categorising several well known Cryptocurrencies as securities, inject additional volatility. No disadvantages, all is good, working fine. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. Chainlink, a decentralized oracle network established in 2017, that serves as a transformative bridge between blockchains and external systems. 009 btc to claim bonus so it a deposit bonus not a no deposit bonus. At PrimeXBT, we strive to provide timely and helpful support to ensure our users have all the information they need for effective trading. “Dip buying” is a popular strategy, where a trader accumulates when the market prices are low. Binance’s tiered fee model, on the other hand, offers flexibility and potential cost savings for high volume traders and BNB holders. Customizable charts, technical analysis, and leverage trading enhance the experience, creating successful traders anywhere in the world. 01%, while on PrimeXBT, they were consistently over 0. The market cycle can be classified into four phases: accumulation, markup, distribution and decline, as seen below.

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1, as well as 0 fees. Capterra is free for users because vendors pay us when they receive web traffic and sales opportunities. Setting up 2FA on PrimeXBT is relatively easy. Users can stake their digital assets as liquidity, earning UNI tokens as rewards for contributing to the platform’s liquidity pools. They employ a long trade strategy with leverage, essentially placing a magnified bet on Bitcoin’s price increase. 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. If you have any questions about trading strategies, the benefits of diversifying across different markets, or anything else on our platform, please feel free to reach out at. The platform allows both cryptocurrency and fiat withdrawals through various channels, providing flexibility and ease of access. This platform allows me to split margin between each order. Of course, I also check this info to understand whether it’s high time to exit the deal or not. 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. Register and join our community with millions of traders from all around the world. Users can also customize the indicators in terms of the time frame and other important inputs. One of the big benefits of Overbit is their no fees policy. Most of MyCryptoParadise’s subscriptions are nine hundred ninety nine dollars – or you can opt for the lifetime Account Management for twenty five thousand dollars. PrimeXBT offers a beginner friendly platform to initiate your investment journey. Additionally, for those looking to transition into more advanced trading, Coinbase offers Coinbase Advanced, a platform with more sophisticated trading tools but without the complexity of other exchanges. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. I can share a little bit what indicators I’m using during a trading session, these are: Ichimoku Cloud, Fibo retracement and the RSI index. Copy trading allows you to automatically copy the traits that more experienced traders make, without having to analyze the market yourself.

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“, “If you invest $100 in Ethereum today,” and “What happens if Bitcoin crashes to zero. You can conveniently sort them according to their total profit. For instance, if an investor buys a stock at the ask price and then immediately sells it at the bid price, they will incur a loss equal to the bid ask spread. A Bitcoin wallet is a digital storage for your digital coins and can either be a software wallet, or a hardware wallet with a software wallet being a more viable solution to keep you investing in Bitcoin and other cryptocurrencies. For futures trading with maximum leverage, BTCC stands out with its impressive 225x leverage. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT is excited to announce that we will be at the world’s largest Crypto event, TOKEN2049 Singapore, which will take. GAS are derived from a combination of the first and second nearby month future contracts. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. BTC/USD has recovered from last week’s 91. This approach benefits both long term and day traders, ensuring that the incidental costs of trading do not significantly impact potential profits. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Currently, official PrimeXBT GitHub Public Repository doesn’t exist or wasn’t submitted. Margin trading allows you to leverage funds provided by a third party for asset transactions. Share your referral link widely, create informative content, engage with niche communities, offer incentives, and provide continuous support to your referrals. 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. The ability to focus on large economies instead of individual companies makes trading Forex superior to trading stocks as an example. It’ll literally only take you a couple of minutes to get started and you can earn 20% profit share on your followers wins. Comments: At first, I could understand how to use the analytical tools available on PrimeXBT. The trade can be closed and profit booked if it reaches the intended resistance or profit.

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To trade instantly on PrimeXBT, log in, ensure sufficient funds, select a market, set parameters, and execute your trade with a market order. Some crypto traders keep their assets in the crypto exchange account, but it is strongly recommended to keep digital assets in crypto wallets that are much more secure. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Clients can access more than 100 tradable instruments at varied trading fees. EAs can be customized to suit specific trading strategies, including scalping, day trading, and swing trading. It offers advanced order types, integrated wallets, and customizable settings. Volume reflects consolidated markets. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. If you have any questions about our asset offerings or need assistance with any features on the platform, please don’t hesitate to reach out at. Comments: It was amazing, i going to use every day. Dear Zombos,Thank you for bringing this issue to our attention. The remaining $1,000 in your account can be used to open additional trades. In order to withdraw funds from your cryptocurrency exchange account, you need to submit a withdrawal request from your Personal Area.

US dollar

Quick stats provides a brief overview of all commissions, impressions, sales, and clicks within a specified timeframe. Automation ensures that trades are executed seamlessly, mirroring the actions of professional traders. This fee applies to both market orders and limit orders. The exact amount does depend on the market involved, as the amount of «leverage», or the multiplier of your initial deposit will vary. Copyright © 2025 EA Trading Academy. 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. The broker charges an interest rate on the borrowed amount, which can vary based on the market and the asset being traded. PrimeXBT is committed to adhering to international regulations and implementing measures to ensure compliance with legal standards in the jurisdictions where it operates. Because i am using it and i recommended it to evryone. While Cardano has shown a lot of promise and even has been used in various scenarios, Cardano is notoriously slow to develop. It provides a user friendly mobile app that caters perfectly to its core trader base and is a crypto forward brokerage. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. If you need a fast response and aren’t getting one through the ticket system, reach out via PrimeXBT’s social media channels, such as X or Telegram. As such, it is more resistant to wild inflation and corrupt banks. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. PrimeXBT offers a seamless and secure platform for withdrawing your funds. There is a myriad of Crypto signal providers, but only a handful or five handfuls are considered great due to the reliability and quality offering the best Crypto signals. Swing trading: aims to capture short to medium term price movements within a trend. Only one Reward promo type may be active at a time. As a non custodial platform, Changelly does not enforce KYC processes as standard. Economic reports on a country’s economy will be one of the crucial tools that a fundamental analyst will use. It also offers high leverage options, up to 1:1000 for forex and 1:200 for cryptocurrencies, which can help traders amplify their returns or downside. Additionally, you cannot set stop losses and take profits directly from the order form. Crypto exchanges where left venerable, as were their clients and we saw many instances where people lost funds. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. It also allows traders to get started trading that much faster.

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When they shift focus, volatility picks up, and buyers suddenly find themselves in the driver’s seat. There are different types of leveraged tokens, but generally, they aim to deliver a return that is a multiple of the underlying asset’s performance over a specific period. This bonus provides a risk free opportunity to explore the platform and test various trading strategies. Moreover, this promotional offer is only valid on the first deposit. And if you see potential in markets other than crypto, like stock indices and forex trading, you will be able to swiftly pivot your crypto funds with PrimeXBT. I’m going to start off with a big spoiler right off the bat. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. Enjoy exclusive deals and promos. Next, we will explore the steps to reset PrimeXBT back to default settings. Cryptocurrencies should be considered either a short term trading asset or long term investment due to how high volatility the asset class is. We’re delighted to hear that you find PrimeXBT efficient and the tools useful for your trading needs. The developer, Prime XBT Trading Services Ltd. 05% per trade for cryptocurrency transactions. If it is quite a sizable withdrawal it may take quite a bit of time if there are not enough funds in the hot wallet, they may have to access some from their offline cold wallets.

Bernd K

The broker does not charge deposit fees or withdrawal fees, but a person is charged an arbitrary miner fee according to industry standards to finish a transaction when withdrawing funds. Studying these materials could be an immersive learning experience for aspiring traders. PrimeXBT, unlike many other brokers, doesn’t require users to divulge confidential data that allows identifying the client’s identity. What you see is what you get. The file is verified secure by PrimeXBT. Yes, copy trading is legal in most countries, provided that the broker itself is properly regulated. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Profit from the markets by following the experts. However, such a situation makes Litecoin one of the most lucrative trades in crypto. However, cryptocurrency trading with PrimeXBT includes a 0. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. For a complete list of restricted regions, refer to Section 1. At the end of the day, that is the most important thing to know on a chart, and people will typically use technical analysis as an entry or exit signal, perhaps based upon the longer term movement known as “the trend. Created by Bitmain in 2016, BTC. Explore the AffiliArt Affiliate Program, a CPA network with a focus on media and marketing. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Some products and/or services might not be covered by the Compensation Fund. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. Unlimited via Perfect Money. 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. This guide will walk those who are new to trading through the basics of Cryptocurrencies, and includes a rundown of how to get started trading. This can be a passport or other form of identification. Traders can stay informed about regulatory updates by regularly checking PrimeXBT’s announcements and updates, subscribing to regulatory news feeds, and leveraging PrimeXBT’s support services for the latest information on regulatory changes that may impact their trading activities. 💱 Crypto futures enable buying or selling specific cryptocurrencies at a set price in the future, perfect for speculating on price movements without owning them directly. Early users of Bitcoin were able to mine BTC using their PC. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. Yet, where does copy trading fit in this complex equation.

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Placing trades on PrimeXBT is simple, with an easy to use order form. But with this software, its been super easy and swift to exchange and make payments via cryptocurrency. It depends on your individual risk tolerance and experience level. This information is general in nature and is for educational purposes only. PrimeXBT stands out as one of the best leverage crypto trading platforms in the industry. 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. Despite operating in a highly competitive and rapidly evolving industry, PrimeXBT has managed to establish itself as a reliable and innovative trading platform, attracting a global user base. Product Offering and Functionality. PrimeXBT ensures regulatory compliance by implementing robust anti money laundering AML procedures, enforcing know your customer KYC requirements, adhering to data protection regulations, undergoing regular regulatory audits, and obtaining necessary licenses and registrations to operate legally in various regions. Sim, o Aplicativo PrimeXBT utiliza medidas avançadas de segurança, incluindo autenticação de dois fatores 2FA e criptografia, para garantir a segurança de seus dados e de sua conta. We’re here to help make your trading experience as smooth and successful as possible. Here are the various ways to contact PrimeXBT. Although it has been a significant commodity in the past,. The minimum deposit is 0. The platform provides real time market data and advanced trading tools to facilitate quick and efficient trading. The reader is fully responsible for any investment decisions they make. Get a unique referral link. I tested both versions and found that they offered a smooth trading experience without any significant compromises. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. In terms of fees on the platform, there are a couple of things you should know. Bitfury’s Crystal software and blockchain analysis tools in action.

Exclusive Crypto Deal List of 2023

There he was awarded with the prestigious Arthur Ashe Student Athlete award. In this sense, Shiba Inu is very far out on the risk spectrum, and therefore it is not until the bigger coins start to attract much attention that Shiba Inu can. The term refers to the periodical reduction of BTC mining rewards by half, a process occurring approximately every four years. Trade like a pro, even when you’re on the go, with access to a powerful yet easy to use trading platform in the palm of your hand. We actually downloaded the PrimeXBT app and tested it out to see exactly how functional it was. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. It could be hard for them if they continue with new management. Share your referral link widely, create informative content, engage with niche communities, offer incentives, and provide continuous support to your referrals. This makes oversight increasingly important, as brokerage accounts, trading platforms, and online brokers in general, will need to comply with additional requirements to keep their clients safe. We’re here to support your continued success and ensure your trading experience with us remains top notch. But if you want our honest opinion, you are better off using other exchanges we’ve reviewed. However, crypto trading also involves a flat 0. Order blocks in Forex trading are like signals that reveal where the big players have made their moves. It’s important to review the fee structure for each currency pair you plan to trade. Advanced traders and intermediate users alike who value a large selection of cryptocurrencies, products like staking, lending, and more, competitive fee structures, and futures and margin products will probably prefer Binance. PrimeXBT is a sophisticated online trading platform that offers a range of financial instruments across multiple asset classes such as cryptocurrencies, forex foreign exchange, commodities, and stock indices. Trading on PrimeXBT Instant offers a seamless and efficient way to engage in the financial markets. Comments: As a trader for more than twoyears I appreciate the platform ‘s user friendly interface, extensive range of tradable assets, and the availability of leverage for margin trading which is very appealing for me. In summary, PrimeXBT’s history is characterized by rapid growth, continuous innovation, and a steadfast commitment to providing a secure and comprehensive trading experience. Below are a few more things to consider. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The file is verified secure by PrimeXBT.