PrimeXBT Review: The Best Crypto Trading Platform Explored

Whether you are a new user or an experienced trader, this article will give you a clear understanding of PrimeXBT’s user base and its significance in the cryptocurrency trading ecosystem. While PrimeXBT’s daily processing schedule lays the groundwork, other variables can impact how fast you see funds in your account. IT Services and IT Consulting. If we did, we’d go back to 2013 and buy all the Ethereum at just $0. Whether you’re just getting started or looking to refine your strategies, these resources are an absolute game changer. Yes, perpetual futures markets are available for over a dozen cryptos on PrimeXBT with up to 200x leverage. This is a scammer at 100%. PrimeXBT does not charge fees for Crypto and Fiat deposits. The broker seeks to democratise trading, providing access to professional risk management and trading tools that even beginners can easily use. Scan this code to download app. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. Yes, PrimeXBT imposes fees on both PrimeXBT broker deposits and withdrawals. Given the amount of leverage that traders can access, with the volatility in the crypto markets, we would suggest that you make use of the protection orders – for your own good. The trading fees on PrimeXBT are a flat rate of 0. 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. I started using their platform quite recently.

Cardano price prediction 2025: third party data round up

01% for makers and 0. When it comes to KYC, ProBit has two levels. 7376 in May 2021, but then the asset fell into a long term downtrend where the future outlook was extremely bearish. Conversely, when a sell order is placed, the investor is matched with a buyer willing to purchase shares at the agreed upon price. We want to give the world control over their finances, once and for all, and we believe this revamp brings us closer to realising that vision. Launched in 2018, PrimeXBT has grown globally as it now offers its services to traders in over 150 countries. 001 BTC to get started. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better. Safety and stability are the only things that matter when I trade. Bitcoin has enormous potential and a bright future.

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Social media channels of PrimeXBT, such as Twitter and Facebook, are also good resources for catching announcements about special offers and events that might include promo codes. Bit2Me is a cryptocurrency broker based in Spain that launched its service in and offers individuals to buy and sell more than 80 cryptocurrencies. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Try again with a different term. Once logged in, go to the Promo Codes section in your account dashboard. A random Tweet, mentions on Instagram, or other social media platforms have seen Dogecoin react violently, even though adoption is extraordinarily minimal. In other words, there’s no concern about custody, storing in a cold wallet, or transaction fees. PrimeXBT has a weak slate of trading pairs. Just add what you need to the list, and we’ll automatically aggregate their statuses into a single page. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. There are no minimum deposit requirements while the Convesting copy trading fee is 0. Trading instrument specifications for Pro accounts. You can profit from both upward and downward price movements based on your predictions. Peanut the Squirrel PNUT. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making. Cryptocurrencies are also available for buying, selling and exchanging via Visa/MasterCard and PrimeXBT cryptocurrency wallet.

How to invest in Dogecoin?

The PrimeXBT user interface is easy to navigate, helping users get around quickly. In summary, PrimeXBT combines high leverage, a wide range of assets, and an easy to use interface. Much like XRP reached first the 1. The exchange was established in 2019 and lets investors trade more than 330 cryptocurrencies, including with leverage. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Help – to streamline the support process and offer additional ways for PrimeXBT clients to contact our friendly customer service staff, we’ve added a shortcut to the PrimeXBT Support Bot. PrimeXBT’s overnight financing rates are very low, at 0. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer. Additionally, withdrawals to a bank card come with a hefty 5% fee. On PrimeXBT, users are allowed to speculate on the price movement of various assets with Bitcoin. Anyone can write a Trustpilot review. 💱 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. This is exemplified by our core values, which align with our mission, and help us achieve our vision. Bank grade encryption protects data. How to get free USDT with our latest Galxe Quests PrimeXBT gives traders even more ways to earn free funds. Date of experience: August 20, 2024. These limits are suitable for most trading profiles. 10% for makers, with a flat transaction fee between $0. Best regards,The PrimeXBT Team. 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. Staying informed about any changes to PrimeXBT’s fee structure is also important, as it can impact your trading costs over time.

PrimeXBT Discussions on Reddit and others:

01 BTC should ever be put at risk. Thanks to its innovative features, PrimeXBT has attracted over 1 million users from more than 150 countries worldwide. This is called Bitcoin maximalism, while when altcoins are in favor, it’s called an alt season. The crypto world is taking notice. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. After registration, you will go to the Personal Cabinet with the trading platform, where you can. Investments are subject to market risk, including the loss of principal. Considering its features and risks, PrimeXBT stands out for experienced traders but may not be the best choice for those new to trading or risk averse individuals. PrimeXBT features leverage of 100:1 for crypto pairs. Nevertheless, it’s crucial to remember that cryptocurrencies are high risk assets. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. PrimeXBT Contests provide an exciting opportunity for traders to participate in risk free trading competitions using virtual funds. By leveraging these tools, traders can enhance their understanding and increase their chances of success.

Benefits of Using PrimeXBT App

” Traders will watch the price of LTC, even if they choose not to trade it. 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. The remaining $1,000 in your account can be used to open additional trades. This is where miners’ rewards are halved, even though the amount of work they need to conduct to mine a coin stays the same. The candlestick is analysed by its width, length of the wick and colour. We’re thrilled to hear that you find our platform user friendly and straightforward to use. Click Download and confirm the file download if you see a warning. You are depositing hard earned funds into an account and trusting the platform to keep those funds safe, therefore, it is critical to choose a trusted platform. What is the performance of these tools in practical trading scenarios. Visit PrimeXBT Platform and get 35% on Your First Deposit. 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. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. If the price of the stock rises to $30, you would earn $2000 if you had only traded with cash. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. Claim $100 by depositing a minimum of $500 within your first 48 hours. It’s designed to simplify the trading process by allowing you to leverage the expertise of experienced traders, eliminating the stress and emotional challenges like FOMO that often come with manual trading. Lower leverage provides more controlled exposure, reducing the risk of large losses but also limiting potential gains. Learning is key at PrimeXBT. With high leverage options, it can be an ideal choice for those interested in crypto assets, commodities, and forex source. The risk was only $5 on GBP/USD, and my balance was around $316. Thank you to all clients for sharing their excitement and their positive experiences with PrimeXBT with others. Scan this code to download app. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. Be sure you fully understand the risks involved in leveraged trading before using leverage on a live account. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Quite frankly, short term debts will probably attract accumulation, as longer term believers will try to pick up “cheap coins. This increased volatility added uncertainty to the U. This minimizes the risk of unauthorized access.

PrimeXBT Extras 16/20

If positions are held for more than one day, so called overnight fees are charged. Bitcoin’s current performance has led many analysts to adopt optimistic outlooks for the coin in the near future. 🤔 What lies ahead, and where is the market headed. Ethereum’s technology allows users to develop everything from their own exchange platforms to tokenizing real world assets. If your strategy and trading plan are based on limit orders, then do your market analysis and determine the best possible level to place your orders. In this landscape, Chainlink stands as a pivotal player, offering tailored solutions for institutional DeFi adoption and establishing partnerships with major Cryptocurrency involved institutions. Now, as you bet 100 USD with 100x leverage, you have instead earned an additional 1,000 USD 990 USD more than if you had not leveraged your deal. CFDs on PrimeXBT range from Bitcoin and Ethereum to stock indices, forex, commodities, and more.

What is the difference between a Maker fee and a Taker fee?

This can be done through our website, webtrader and app. This can be done by generating an Account Statement on the ‘Reports’ page. This way you can purchase Bitcoin with your credit card or wire and then deposit it directly into your PrimeXBT account. 025%, and the taker fee is 0. Just so you know, these assets are kept in a cold offline storage facility to ensure that they don’t fall into the wrong hands. Time your market entries and exits with precision, using advanced indicators. Fundamental analysis is the study of the quantitative and qualitative data related to Cryptocurrencies. The platform supports various tradable assets, including cryptocurrencies, forex, commodities, and indices. The platform’s global reach allows traders from various regions to participate in the financial markets, leveraging PrimeXBT’s advanced trading features and high liquidity. When dealing with my Xperience trading assets like Bitcoin, the sysftem is easy to maneuver and trading is quite a breeze. Furthermore, it guarantees that traders are not penalized for periods of inactivity since there are no inactivity fees. Trading involves risk. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Once your account is set up, you can start exploring the various trading pairs available on the platform. The quickest way to reach customer support is through the 24/7 live chat accessible from the trading platform. Those that don’t are often quickly approached up by the ATO. $20,000 or equivalent for unverified users. Availability and Responsiveness of Support. Creating an account with PrimeXBT is a quick and straightforward process. Reputable crypto casinos use advanced security measures such as encryption and two factor authentication to protect user data and funds. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. But, the transparency of this process raises questions. 071 USDT in trading fees. Learn more about Baksta’s Legal Terms. We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT.

Negatives

3 Choose the Duration and Amount of funds used to be used in your prediction. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Nowadays, PrimeXBT is a medium scale company in its niche. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. All transfers are executed manually. 💡 No strict minimums. By leveraging, you can put up a small amount of capital and make the trade worth your while, and still have capital left over to make another trades with. BC Bitcoin is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 24 cryptocurrencies. In summary, PrimeXBT’s history is characterized by rapid growth, continuous innovation, and a steadfast commitment to providing a secure and comprehensive trading experience. Prior to joining NCB, Mr. PrimeXBT allows traders to buy or short a wide variety of cryptocurrencies including BTC, ETH, XRP, EOS, and LTC against USD and BTC. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. I enjoy PrimeXBT overall. Gestionar múltiples pedidos en diferentes activos desde un dispositivo móvil es exactamente la flexibilidad que pretendemos brindar. With its FSCA licence and tailored offerings, PrimeXBT upholds a client centric approach and its commitment to fulfil the needs of traders in South Africa and globally by offering them a better way to trade the world’s markets. Additionally, withdrawals to a bank card come with a hefty 5% fee. As an STP broker, we receive quotes from a large pool 12 of liquidity providers and automatically arbitrage between them to offer the best currently available prices. ” Cardano is an exciting project that has captured the attention of traders around the world. However, there is a risk of capital loss associated with trading of all kinds. As with any trading tool, stop orders come with their own set of potential pitfalls that traders must be aware of.

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While this heightens the potential for substantial profits, it also increases the risk. PrimeXBT offers maximum leverage of 1:200 for BTC and ETH pairs. However, merchant services are rare, and users of cryptocurrencies don’t often spend these types of cryptocurrency on goods or services, and instead HODL or trade these coins. Just think about the opportunity of trading cryptos with 1% margin requirement and pay a flat fee of 0. It would not be an exaggeration to say that the Know Your Customer definition refers to one of the biggest regulatory hurdles in the history of crypto exchanges. 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. When you trade CFDs, you’re betting on price changes from when you open to close a contract. On a spot trading platform, this would cost $100,000 plus fees. 32 to send USDT over the BEP20 network. Visit our Help Centre. The mobile and web apps let users manage their trades easily and efficiently. This minimized my losses and still only cost 0. 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. 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.

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This provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. The design of PrimeXBT’s platform is sleek and minimalistic. There is a multitude of ways to take advantage of a market falling, but the most common way is to borrow an asset and sell it to somebody else, hoping to repurchase it at a lower price. Scan this code to download app. As well as this, some transactions and products available on Changelly may require KYC if you’re using Changelly to connect to another platform. To be a success at Day Trading requires you to master a number of different strategies, be very in tune with your chosen market, and to have some luck go your way. There have been some examples in the past of brokers working against their clients. Choosing between PrimeXBT and eToro from a security and regulation perspective depends on your priorities regarding privacy and regulatory compliance. This necessitates effective risk management, especially for inexperienced traders, emphasizing the need for caution and responsibility when dealing with crypto futures. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Throughout my testing, the app performed smoothly without any bugs or glitches. These services are governed by the legal terms and conditions of PXBT. The support service in PrimeXBT is built quite thoughtfully. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Bitcoin Cash then forked and was born in August of 2017 and started off well but has a tumultuous time since then.

🚀 PrimeXBT Deposit Bonus 🔥 Get 20% Bonus For Your First Deposit, Up to $7000 Tradable Bonus 💵

Trend following is one strategy that sees trades look for certain patterns that have come before, and then trying to react to them when they resurface, but then there is also the chance to counter trend trade, which means betting against the trend and hoping to make gains in that way. Thanks to the fantastic mobile app, traders can also take their trading on the go. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. 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. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform. It’s important to consider this fee when planning to withdraw funds. Click Download and confirm the file download if you see a warning. Our evaluation of PrimeXBT’s features for Namibian traders led us to focus on the platform’s margin policies and leverage settings. Bitcoke is a crypto exchange that operates from Hong Kong and does not ask for KYC verification from its users. Common methods include cryptocurrencies, bank transfers, and credit cards. Ensure that you meet the terms of each bonus before attempting to use another, as some bonuses might expire if not used within the specified period​. Thank you for your feedback—it motivates us to continue delivering excellent service. That might be the year we decide whether or not Stellar Lumens continues to exist. Brand operating since. This lets traders adjust their strategies based on the market. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD.

Worse

Trading on margin is extremely popular among retail traders as it allows for a significant market exposure with a relatively small trading account. PrimeXBT stands out for its flexibility in funding options, accepting various methods including bank transfers, credit cards, and even other cryptocurrencies. As a general rule, currency pairs to have the widest spreads tend to be the ones that move the most. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. In this case price starts move up and down like you pulse on cardiograph. After activating the No Deposit Bonus, the bonus amount will be credited to your account. Remember to add the 2FA verification protection before you start. This ensures compliance with regulatory requirements and helps maintain a secure trading environment. Currently it is attempting a break out above the 199 Resistance. PrimeXBT is a popular platform for trading cryptocurrencies and other assets. Up to 1000x leverage is offered for trades on traditional assets. As I have already written it’s not easy for beginner, but I realize that I’m becoming more professional trader. 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. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Both PrimeXBT and Zengo provide users with the ability to buy and trade crypto assets. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Traders should look at the possibility of Cardano price predictions through the prism of entertainment more than anything else. The main rule is to scale in only into profitable trades and to scale out only out of losing trades. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Market volatility also poses risks, emphasizing the importance of informed decision making. We value your presence on PrimeXBT and are dedicated to ensuring your satisfaction. To activate this bonus, you typically need to enter a promo code provided as part of a promotion or special offer. Get access to a wide range of trading, investing, and Crypto services from a single app. Users only have to provide an email, choose a password, and optionally provide a telephone number for enhanced security. Copy trading sounds fantastic – you automatically replicate the trades of professional traders without much work and get to enjoy the trading results. We value your participation and are committed to making things right. We’re here to help you succeed and make the most of your trading experience. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Deposits of digital currencies from an external wallet are free. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage.