FAQ

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. PrimeXBT offers a range of assets, including cryptocurrencies, forex, commodities, and indices, each with its own fee structure. To view your active bonuses on PrimeXBT, you can follow these steps. Sign up free today to calculate your PrimeXBT taxes. 0 upgrade is being implemented to fight network congestion, one of the biggest complaints about Ethereum. Could you kindly reach out to our support team at. Traders can open and settle contracts at any time, enabling the most possible profit opportunity. PrimeXBT has 24/7 support, educational materials, and the PrimeXBT Academy. Once familiar with the interface, you can place your first trade. Outside of that, they’re a platform to buy and sell crypto assets. In conclusion, PrimeXBT is unique with its high leverage, wide asset selection, and strong security. This section will unveil the mechanics behind leverage trading and how it applies to the exciting world of Cryptocurrencies. Date of experience: July 30, 2024. Information written by the company. Platforms that offer leverage, especially ones that offer up to 200x leverage, are incredibly risky and should be used by professionals who comprehend the risks. This is where the entire available balance in a user’s account is used as collateral for positions. It stands out among competitors like OKX and BingX. Traders Union TradersUnion. Learn more about Baksta’s Legal Terms.

◾️How can I secure my PrimeXBT account?

Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Responsive and accessible customer support is crucial for beginners navigating the complexities of crypto trading. The crypto market has grown tremendously, with global market capitalisation reaching a trillion dollar valuation. PrimeXBT adheres to stringent regulatory standards and implements robust security measures to ensure a secure trading environment for its users. The liquidation price for your position will be automatically recalculated and displayed on the 'Margin Edit’ screen. You get to pay with card or crypto. Com 100+ coins, USD trading, fastest deposits and withdrawals, strong security, excellent realtime support. To trade Crypto perpetual contracts, go to the Trade dropdown menu, select 'Crypto Futures’, and your 'Margin Account’. TIP: Check out Coin Bureau’s PrimeXBT vs OKX Analysis. The lack of fiat trading pairs is also a con for investors. Receive the latest news and stay informed. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. We wanted to show our clients how much we appreciate them and offer them a way to explore the new. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. These products are not suitable for all investors. Daily from 12 to 14 hours UTC. Our website uses cookies. CFD and FX feed come from a partner company feed aggregator which sources liquidity from multiple providers such as prime brokers, banks etc. As cryptocurrency adoption becomes more widespread and larger institutional players enter the market, we can expect traditional indicators to increasingly influence how risk assets like cryptocurrencies are traded. PrimeXBT is a versatile and innovative trading platform that offers a wide range of features tailored to meet the needs of both beginners and experienced traders. Overall, BitMEX does precisely what it says on the tin – and what it does do; it does well. You can open an account and start trading with just your email address. 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​. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania.

Why trade with PrimeXBT? Why trade with PrimeXBT?

The video shows how the trading platform without having to make an account in the first place. Whether you’re completely new to Stock trading or seeking to refine your skills, this guide offers valuable insights and practical advice to help you make informed decisions and achieve your financial goals. Yes, PrimeXBT is easy to use with interfaces made for everyone. Always check the details before participating. Addressing potential centralization concerns and maintaining a distributed node network are crucial. The Fixed Tradable Bonus PrimeXBT is a bonus added to the equity of your trading account and can be used as additional collateral to open positions. Still, several altcoins hold incredible promise and offer a bevy of features and benefits beyond what Bitcoin or even Ethereum can offer to investors. When you invest in Bitcoin, you are investing in the future of finance. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. PrimeXBT is a multi asset trading platform that allows users to trade a wide range of financial instruments, including cryptocurrencies, forex, commodities, and indices. Alternatively, traders can focus on currency pairs with favorable interest rate differentials to benefit from positive swap rates. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. As far as fees are concerned, PrimeXBT is extremely transparent and guarantees some of the lowest fees out there. To engage in leveraged crypto trading options, traders must fund their margin trading accounts in specific digital currencies like BTC, ETH, USDT, and USDC and maintain enough free margin to cover potential negative price fluctuations. Beware of their practices that seem to hinder profitability, and consider alternative brokers for a more transparent and reliable trading experience. If you have any suggestions or need assistance, please don’t hesitate to contact us at support@helBest regards,The PrimeXBT Team. In PrimeXBT, leverage is expressed as a ratio, such as 1:100, indicating that for every $1 of your own money, you can trade with $100. Trading Education is highly optimistic, with price predictions as high as $8. Visit PrimeXBT Platform and get 35% on Your First Deposit. To buy crypto using a debit or credit card, you can use the widget in the deposit section. In primexbt-trader.com the top right hand corner of the futures platform, you’ll find a green button labelled „Fund”. Now we’ll delve into some benefits and drawbacks of this program. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Brand operating since. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Make sure to check all email folders such as Spam/Promotions/Notifications/Updates/etc. Despite the incredible loss in value and an overall bad season of past 'winters’, Shiba Inu’s status was preserved as one of the most popular coins, currently placing in the top 20 of Coinmarketcap. 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. Receive the latest news and stay informed.

Other things to considerOther things to consider

PrimeXBT is a leader in the crypto trading world for its low fees and clear pricing. Technical Analysis of Cryptocurrency. Account replenishment. Crypto futures fees are attractive at 0. The platform’s user friendly interface and the ability to trade across multiple asset classes also contribute to its positive standing. 99% fee, not PrimeXBT. The required margin can be as low as 1% for a 100:1 leverage ratio. The steps to activate it are straightforward. 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. 42 in 2029, which is a 587. Find out how we combat fake reviews. Step 2: In the Chart widget, select the pair you wish to trade and order size. We’ve got you covered with access to 100+ global markets on one platform. Be more precise, using advanced tools and powerful charting to analyse the markets, while enjoying lightning fast execution speeds, and rock bottom fees. It’s a great choice for anyone entering crypto trading. However, if you are interested in diversifying your investments, PrimeXBT is an excellent choice. Although there are outliers in the stock market that have performed as poorly or worse than some cryptocurrencies, few asset classes were as impacted by the drawdown in financial markets of 2022 as crypto. The site lists 14 countries on its „prohibited jurisdictions” including Canada, U. One such example is the malicious website Investment Bud, which is mimicking the PrimeXBT design and layout in order to wrongfully earn user’s trust and leverage that trust to gain access to sensitive account information such as usernames or logins, or to steal user’s funds. In it, you can track the most important news in the world of finance, which may affect the quotations of market assets, including cryptocurrencies. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. It has very low trading fees. You can short Bitcoin in the following ways. When people are thinking about futures trading, one factor they need to consider is what the funding fees will be like. Also, PrimeXBT follows Anti Money Laundering AML standards closely.

Verified Trust Ratings

However, with a historic bull run looming over the crypto market, leverage crypto trading might be a strategy worth considering right now. There are ETFs for almost everything imaginable, anything from mimicking the SandP 500 to mimicking the performance of the Indonesian economy. Additionally you can deposit directly to your Global Markets and Crypto Futures trading accounts by preselecting the destination upon your deposit to the platform. This is where you will apply your bonus code. While Sciberras acknowledges inscriptions’ potential in generating sustainable fees for the protocol in the long term, especially as more bitcoins circulate and miner reliance on fees increases, he also notes the divided opinions within the community regarding their impact on the network’s functionality. Sotiris Foraris – is a Content Specialist at PrimeXBT with over twelve years of experience in finance. Our Currency Converter uses live rates to provide you with the most up to date conversions. The Covesting module, in particular, is often highlighted as a valuable feature that allows users to follow and replicate the trades of successful traders, making it an attractive option for both beginners and experienced traders alike. Similar to deposits, withdrawals can be made with cryptocurrency. The platform also boasts reliable trade executions as uses Amazon AWS servers and is connected with many liquidity providers. This bonus is designed to increase your trading capital but cannot be withdrawn. Before investing in a token, research the exchanges that support it and the trading pairs available. Date of experience: May 30, 2024. Uniswap is a decentralized exchange DEX that functions as an automated market maker, enabling peer to peer cryptocurrency transactions on the Ethereum blockchain. Proprietary trading platform. We are delighted to hear that your experience with us has been uplifting and that you appreciate the trading terms, especially the leverage options for cryptocurrencies. My experience with PrimeXBT’s customer support was mixed. Reply from PrimeXBT Copy Trading. Your strategy will have many different things thrown at it, like described above, fear and greed will play on your mind and force you to deviate from the plan. The bull market would then kick into high gear in the years to follow. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. These products are not suitable for all investors. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Trading App By AvaTrade. The last time they made such an aggressive rate cut, it coincided with the stock market collapse and the onset of the 2008 financial crisis. PrimeXBT places a strong emphasis on providing excellent customer service to ensure a smooth and satisfying user experience. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance.

Has PrimeXBT ever been hacked?

With your account verified, you can log in, set up two factor authentication for added security, and begin trading in the dynamic cryptocurrency market. However, our platform provides a multitude of other enticing features, including a welcome bonus, diverse rewards, and a range of trading opportunities across global markets. That being said, it should be noted that not every pair can reach this level. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Reddit and its partners use cookies and similar technologies to provide you with a better experience. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. 💡 No strict minimums. This shows PrimeXBT cares about being safe and following financial regulation. For more information, please see our Cookie Notice and our Privacy Policy. A trader can analyse the crypto market through technical analysis or fundamental analysis. This combination makes it an attractive choice for traders looking to capitalize on market opportunities. Best regards,The PrimeXBT Team. PrimeXBT Deposit :On PrimeXBT we offer Direct Crypto deposits from your personal crypto Wallets as well as alternative Deposits via Bank/Credit card/SEPA Transfers. Labeled Verified, they’re about genuine experiences. I love this equipment as it is very handy and useful. The revamp is accompanied by a campaign simply titled „We listen”, where the Crypto broker reveals that a lot of the upgrades were inspired by client feedback. Date of experience: May 16, 2024. Polkadot aims to create a similar environment, one that developers can use to create a dedicated product on a network meant for everything. We evaluated PrimeXBT and found that since its founding in 2018, the broker has quickly become a major participant in international trading. In June 2016, Iván left Aplari to join Libertex Group where he spent nearly three years in different sales positions to develop its Latin American and Spanish retail department. We offer fast and secure Crypto withdrawals. This review covers all available withdrawal methods, their limits, fees, and other important details, making it essential for both new and experienced traders. Some payment methods are free, while others may charge a percentage or fixed fee. Futures markets offer the ability to take a standardised contract in a highly liquid environment, but also carry their own risks. Visit the PrimeXBT website, where the „Partners” link will be visible in the top menu.

Key Features:

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. 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. But speed or simplicity is never worth sacrificing security or safety – especially not when it comes to users’ funds. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. Deposits are handled quickly—usually in a matter of minutes, depending on how quickly the blockchain network is operating. It also trades from one place to another successfully. Cross chain compatibility. Our 24/7 support team here to help. While candlesticks aren’t always effective in and of themselves, combining the analysis of candlesticks with chart patterns, moving averages, trading volume, and more can have a dramatic effect on increasing a trader’s success rates. The first thing that you will notice about the platform is that it offers a large degree of customization. This Agreement governs the commercial relationship between Prime XBT Trading Services Ltd, a company incorporated and existing under the laws of the Republic of the Marshall Islands. During testing, I received fast responses with a reasonable level of detail. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. Robinson is also a member of the Young President Organization YPO, NextGen network of executives and the Council of Urban Professionals CUPA. 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. You can also sign up using your Apple or Google accounts. Slippage tritt auf, wenn der Ausführungspreis vom erwarteten Preis abweicht, was häufig bei hoher Volatilität oder geringer Liquidität der Fall ist. PrimeXBT enhances user security through measures such as. This setup helps keep spreads low and encourages trading. We also assess the deposit and withdrawal options, promotional codes, investing fees, and KYC verification systems. Learn more about Baksta’s Legal Terms. Most coins on the Crypto market are slowly climbing, maybe in anticipation of the end of year rally or the perspective potential the next year holds. The first step in exploring a trading platform is signing up, and PrimeXBT keeps it simple with just an email, password, and agreement to the terms.

About us

Of course, to get the best out of this, it is important to find a platform that best suits you. London, City of London. A lot depends on the advancement of banking and their use of Cryptocurrency. Learn more about Indonesia’s commitment to BlockchainEducation: zU5G e LearnFi LearntoEarn Learn2Earn Finternet. Prime XBT Trading Services, S. Yes, our 4 level affiliate program will allow you to invite friends, family and others to try out the platform. This review explores the features, usability, and performance of the PrimeXBT mobile app, providing insights into its advantages and potential areas for improvement. 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. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. The platform employs a multi signature withdrawal system to enhance the security of user funds. On the next screen, you will be prompted to enter your personal email address and the country you are located in. To transfer Crypto to your trading account,. A limit order is an order that you give to the broker as an instruction to sell a currency pair at the market price once it reaches a specific target. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. If you’re new to trading, the PrimeXBT bonus can be a welcome boost to help you get used to trading quickly and efficiently, while potentially maximizing your gains. This can be done by generating an Account Statement on the 'Reports’ page. In trading, professionals often talk about drawdown or maximum drawdown. Managing overnight financing costs is crucial for maintaining profitability in leveraged trading. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Customise the trading interface to suit your needs, and plan your trades more precisely with advanced trading tools. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. 6B back in 2017, this included theft of funds, terrorism financing, malware or ransomwares attacks and scams. See more about trading fees. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. Most of the coins kept at PrimeXBT are stored in cold storage, off line and disconnected from the internet, avoiding any risk of hackers penetrating the network. As a new investor, you need to do thorough research into any project before committing your funds. But support should try and hasten up their response time. Robinson was responsible for transaction execution, business development, strategy, finance and operations across the group. Comments: PrimeXBT is one of the best crypto exchanges I have ever worked on. You are advised to conduct your ownresearch before making any investment decisions.

PrimeXBT Futures Trading Fee Structure

3 months ago 189 views. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. The remaining supply trickles out gradually through staking rewards, which incentivize the community to help validate transactions and secure the network. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Buying and holding is a simple and usually effective method to profit from a Cryptocurrency, but it may not be the best use of XRP. This is also happening more often than in the past years. Here we provide a step by step guide, complete with screenshots, showing you how to trade crypto futures on the PrimeXBT trading platform. The account has to be fully verified, so a photo ID has to be provided. Now my initial amount is just blocked, and I don’t even have the option to try withdraw it. Here’s our detailed analysis of the futures trading experience. However, we would love to explore the option of including other fiat currencies in the future. 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. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator.

Gaurav

Inflation could push prices higher, even despite less reliance on fossil fuels. It should also have a user friendly interface, making it easy for even novice traders to navigate and execute trades. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The support and resistance levels can change drastically. 4 million operations per second. If you have any further questions or require assistance, please don’t hesitate to reach out to us. Its innovative leveraged tokens simplify high risk trades, making it a powerful tool for experienced traders and those seeking advanced features in margin trading. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Stellar’s current circulating supply is 30. You will achieve the same returns as the leading traders on the platform by Covesting. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. Unfortunately, an Ethereum price prediction is made even more challenging by the fact that the Crypto market is notoriously volatile, and assets tend to follow each other – especially the OG Bitcoin. Date of experience: November 20, 2024. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. To get the police to take the case seriously, they can speak with the victims’ attorneys on their behalf and advise the victims on how to follow the legal procedure. Click Download and confirm the file download if you see a warning. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. Dear Mthokozisi,Thank you for your fantastic feedback. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. Access to PrimeXBT services does not necessarily mean that client activities through the service are legal under local laws, regulations, or directives associated with a client’s country of residence; therefore, it is crucial for every client to consult with legal and tax advisors in their region regarding eligibility to utilize such services. Traders usually buy when the prices are low, and this action will create a support level. Your trades will also be set to a cross margin type. When trading with PrimeXBT, you get access to CFDs on a wide range of financial instruments, allowing you to efficiently diversify your portfolio and take advantage of leverage and margin trading. Unfortunately, PrimeXBT is not available in 14 countries including the U. PrimeXBT platform interface consists of 5 main sections. PrimeXBT Trading Services, S. You can then buy, sell, and trade cryptos without giving any personal details or documents. PrimeXBT provides both an Apple App Store and Google Play Store IOS and Android trading app.

Gaurav Roy

This prevents unauthorized transfers even if someone gains access to your account. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Registered Office: Unit 3 Mitcham Industrial Estate, 85 Streatham Road, Mitcham, United Kingdom, CR4 2AP. If don’t have crypto to fund your account, head over to Changelly, click the „Buy” tab, and follow the on screen instructions to purchase your desired cryptocurrency using fiat money. PrimeXBT is officially set up in Seychelles, which means it follows international laws. PrimeXBT fees to buy crypto using a Visa or Mastercard is 3. Every person on the blockchain can view these transactions, making it hard for the sector to be used for illicit activities. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Beginners usually find it easier to stick to the most liquid coins like Bitcoin and Ethereum. 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. The tool features a proprietary „risk scoring” system that helps investigators uncover and monitor potentially malicious activities. Leverage allows traders to open larger positions with a smaller initial investment. There are many traders to choose from and tools allowing you to filter through the trading strategies that best match your needs. 071 USDT in trading fees. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. This means that traders only need to put down 1% or 0. It has the right licenses, making it a trusted and legal place to trade. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The Algorand blockchain has been built to help create an open, borderless economy where everybody can participate.

100 Ways PrimeXBT for Cryptocurrency Trading Can Make You Invincible

PrimeXBT Trading Services, S. We support the following order types. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. If you provide a strategy for copying. Let’s continue with the breakdown of the tab. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. 1M+ community members. PrimeXBT offers the following promotional offers. How we withdraw , what ar ethe withdraw terms. PrimeXBT offers a dynamic platform for crypto trading, where understanding leverage and margin is key to maximizing your trading potential. Purchase crypto with 90+ fiat currencies. Always do your research before investing, and be prepared for potential losses. Regulated by the authorities in Cyprus. PrimeXBT isn’t just another trading platform; it’s a dynamic powerhouse offering leveraged trading on crypto CFDs, commodities, indices, and Forex. By understanding and managing these fees, you can optimize your trading strategy and minimize costs on PrimeXBT. Go to the main page of the site and click on the „Sign Up” button. Polkadot price in 10 years will hover between $83. Not all trading or investment strategies are created equal, and some are better suited for each trader’s personal traits. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. To create a PrimeXBT account, visit the PrimeXBT website, click on the „Sign Up” button, provide your email address, create a password, and agree to the terms and conditions. Popular Global Stocks. Yes, you can withdraw funds from a non KYC exchange, but withdrawal limits may vary depending on the platform. The futures sector is a fascinating aspect of the crypto trading world. Learn more about Baksta’s Legal Terms. In practice, Know Your Customer compliance means that crypto exchanges must adopt the following practices. Prime XBT Promo Code 35% : HORUTA. During testing, I received fast responses with a reasonable level of detail. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. 2024 00343, having its registered office address at PKF Corporate Services Ltd.