? How to Sign Up on PrimeXBT ?

With their user friendly platform and extensive range of trading pairs, I can easily execute trades and manage my portfolio. Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. The fees on PrimeXBT can be categorized into several types, including trading fees, overnight financing fees, and withdrawal fees. Each of these fees can impact overall profitability, making it important to understand them in detail. To activate a promo code on PrimeXBT, log into your account and either go to the ‘Hub’ section and enter the code under ‘Promo code’, or use the ‘Margin’ page. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Cryptocurrencies should be considered either a short term trading asset or long term investment due to how high volatility the asset class is. This guide breaks down all the different types of Bitcoin wallets, which type of wallet security is the best, and which are the safest Bitcoin wallets to select for storage. You can even buy a brand new Tesla car with Bitcoin. Yet, PrimeXBT is not available to traders in the United States due to regulatory issues. Do not submit petty or hyperbolic meta posts to stir up drama in the community. This ensures that traders can get help whenever they need it, regardless of their time zone. For traders with a proven track record, becoming a strategy manager can be a great way to earn some extra income as well. Your crypto will be kept hostage. We personally contact support using all available methods and present hypothetical problems that users might face. But, once you have gotten going and start experiencing the market and how things work, and how to make money trading, you can start to become more and more profitable, and use more advanced tools, like margin trading and leveraging to really boost your potential earnings.

◾️Can I change account balance currency or exchange crypto?

Product and feature support could also be expanded if PrimeXBT plans to compete with more robust trading platforms, though many traders prefer the simplicity of PrimeXBT without all the extra frills and „noise » that overcomplicates many other platforms. PrimeXBT employs a straightforward fee structure with competitive trading fees and overnight fees. Covesting has a user friendly interface. Behind some of those projects stand the world’s largest banks, which can provide positive momentum to the coin. Activating a bonus on PrimeXBT is a straightforward process that allows you to increase your trading capital or reduce trading fees. No, bonus funds on PrimeXBT are non withdrawable. « Dip buying » is a popular strategy, where a trader accumulates when the market prices are low. Before placing your Bitcoin trade, it’s important to decide how you want to trade Bitcoin. The smallest unit of Bitcoin is called Satoshi which has a worth of 100 millionth of a Bitcoin. PrimeXBT Withdrawals are equally straightforward, providing a seamless way to manage your assets. Trading in futures and options carries substantial risk of loss and is not suitable for every investor. PrimeXBT does not charge for deposit or wallet creation. We take pride in maintaining a strong reputation among traders by providing reliable and effective trading solutions.

◾️I forgot my password What do I do?

PrimeXBT has set these protocols so hackers can not transfer your funds to rogue addresses https://cryptoprimexbt.com/education/ if your account is breached. Scan the QR code with your device’s camera and get APK file. 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. The exchange draws its information from official and reliable sources. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. The main office is located in the Seychelles, where the organization is regulated. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. This PrimeXBT welcome bonus offer is an excellent chance for every crypto user looking for a new platform to raise the funds that they have to trade. 3 billion fine for failing to comply with AML regulations. Polkadot aims to create a similar environment, one that developers can use to create a dedicated product on a network meant for everything. Click on the menu icon in the top right corner of your account and click ‘Chat’ in the dropdown menu. Reply from PrimeXBT Copy Trading. We’re glad to hear that our platform suits your trading strategy and needs. Click ‘Deposit’ and follow the prompts. PrimeXBT and eToro provide their users with exposure to a wide range of trading instruments under the same roof, so traders don’t have to jump around to other platforms once they’ve made either platform their home. A Margin Call is a platform notification/email reminder that warns you when your Available margin is low. This section will outline the basic concepts and introduce you to the PrimeXBT payment ecosystem. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. Level 2 requires identity verification, and increases your withdrawal limit to $500,000, as well as allows access to IEOs. If the position drops $100, the platform then moves $100 from your available capital to your margin capital.

Download PrimeXBT App

The platform also aims to provide users with top tier liquidity and a wide range of trading tools while offering a user friendly experience. We’re here to help you navigate the markets and ensure your trading experience with us is positive and successful. The simplest way to check out the connection. To deposit or withdraw funds on Covesting you will need to submit some Know Your Customer KYC documentation. Established in 2018, PrimeXBT Trading Services Ltd PrimeXBT has emerged as a versatile online exchange platform catering to diverse trading needs in Commodities, Cryptocurrencies, Forex, and Indices. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. PrimeXBT offers one of the best crypto affiliate programs where individuals can earn money by promoting the platform to others. The crypto market is subdued on Wednesday as the market rethinks the chances of an outsized Fed rate cut. These products are not suitable for all investors. In the top left quadrant of the PrimeXBT dashboard, you’ll find a blue « Deposit » button that will take you through to the deposit screen. This step is crucial for detecting and preventing any suspicious activities that could compromise the security of the platform and its users. In the case of the assets, you will be trading at PrimeXBT, you will only need to worry about margin interest, as dividends will not be a concern, nor will any « hard to borrow » fees. We personally contact support using all available methods and present hypothetical problems that users might face. Opening an account is easy if you intend to buy and sell cryptocurrencies. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. For a complete list of restricted regions, refer to Section 1. Dear Franco,It’s great to hear that your account setup went smoothly, and you’re exploring the different trading modes available. Step 3: Complete the application form. El terminal comercial es estándar, pero tiene características adicionales como nuevos indicadores y marcadores. Scan this code to download app. Based on this review, PrimeXBT appears to present an appealing choice for traders seeking to engage in leveraged cryptocurrency trading. All in all, the platform is unlike any in the market. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative.

PrimeXBT news and warnings

Each wallet is designated for a specific cryptocurrency. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Trading involves risk. 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. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. 🌐 In the cryptocurrency market, this entails utilizing algorithms to analyze market data, spot trading opportunities, and execute trades at speeds and frequencies beyond human capability. Hello Celso,Thank you for your detailed feedback. Short selling, on the other hand, allows you to profit from falling prices in the market. Monitor Your Positions Watch your trades closely and be ready to adjust your strategy if needed. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback.

Our Takeaways

This represents an emerging market momentum of Solana. If there’s anything else we can do to enhance your experience further, please don’t hesitate to reach out to us via live chat or email at. Deposit Buy crypto with 129+ supported services for bank transfers, card purchases, Apple Pay, Crypto, etc. These features make it even less likely for someone to inflict damage by manipulating the market through the broker’s platform. PrimeXBT is our preferred platform for trading futures, because of its competitive fees, the number of markets it offers, and its user friendly interface featuring charting tools from TradingView. Get the PrimeXBT Massive 35% Bonus. Dogecoin price today is at only $0. Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Click Download and confirm the file download if you see a warning. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Only for verified users. Next, users will be prompted to set a passcode and will be asked if they would like to set up biometric account authentication for added account protection. 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.

Secondary Color

While the platform’s advanced trading tools and customizable interfaces appeal to experienced traders, some novices may feel overwhelmed without proper guidance. Our human support team is here to help 24/7, in your language. Those phases of counter trend moves are called price corrections and can be measured with Fibonacci levels or determined using tools like channels and trendlines. This comprehensive guide will provide detailed information on the countries where PrimeXBT is supported, the benefits of trading on PrimeXBT, and the steps to access the platform from different regions. As you keep going with margin trading, always trade wisely and use good risk management. This is a break down weekly analysis of Natural Gas. Simply confirm your military affiliation online or present valid verification of service at checkout. Binance review compared to PrimeXBT. This can be accomplished by backtesting and knowing that the system is not only profitable but how it behaves over the long term. Take advantage of this comprehensive Cryptocurrency Exchange Comparison Tool and see which brand wins. I noticed some guys believe that teh trading environment is quite ophisticated here and hard for perception,but I can’t claim the same. This gives the trader the advantage of making money on « borrowed funds ». PrimeXBT Telegram Bot is designed for basic functionality, offering users the ability to perform quick actions like checking balances, executing simple trades, and receiving notifications. IF YOU ARE TRAVELLING TO ANY OF THESE COUNTRIES, YOU ACKNOWLEDGE THAT OUR SERVICES MAY BE UNAVAILABLE AND/OR BLOCKED IN SUCH COUNTRIES. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. Their response time has been instantaneous to a couple of minutes for me. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. Another key factor supporting the rise in Litecoin has been miners accumulating the cryptocurrency.

For new trades

306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. My experience with PrimeXBT’s customer support was mixed. As well as from unrecognized or partially recognized states: Gaza Strip, Crimea, Donetsk People’s Republic, Kherson and Zaporizhzhya oblasts, Luhansk People’s Republic. The unemployment rate is expected to hold steady at 4. PrimeXBT has established itself as a premier platform for crypto futures trading, offering traders a comprehensive suite of features to navigate the dynamic cryptocurrency market. It is known for its more than 100 trading instruments. You will see a message stating that you agree to the processing of your personal data in accordance with the regulations of the exchange. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. 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. But for now, let’s crack into PrimeXBT vs Bybit and determine which one is best for crypto trading. Always check the bonus terms before withdrawing funds.

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When you are ready with everything and have double checked the withdrawal address you need to click on 3 « Submit to Withdraw ». During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. If the price falls by 10%, you can repurchase it back for $4500 and return it to the exchange. Everything is visible online. Normally, solid, reputable platforms offer no cost for signing up, and very small minimum deposits. In addition to ensuring any platform you are considering has the asset and trading instruments you are most interested in, it is also important to consider which assets are listed that you aren’t currently interested in. By building on top of Ethereum, it allows decentralized applications dApps to run more efficiently, making the network scalable and cost effective. This knowledge helps in optimizing trade duration and minimizing unnecessary costs. This sets it apart from other trading platforms.

PrimeXBT:

These assets can serve as a hedge against inflation and market instability, offering traders opportunities for diversification and potential long term growth. No KYC needed to sign up on PrimeXBT. It also gives them the ability to reach out to customer support right there in Telegram. In the past several weeks, the mobile app alone has had its withdrawal system overhauled, new Covesting features added, and the ability to share ROI with other traders online from the account history section. Additionally, PrimeXBT supports third party payment providers such as Volet and Perfect Money. PrimeXBT integrates TradingView charts, which is a nice feature. It does take a different turn as it is a Cryptocurrency investment opportunity, and the fact that the coin of choice here is Ripple makes it slightly different from say trading Bitcoin. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Trade big events with PrimeXBT. Security Measures: Despite being unregulated, PrimeXBT employs robust security measures, including cold storage for funds and two factor authentication for account security. There are 2 types of predictions. Cryptocurrency Withdrawals are the primary and most convenient method on PrimeXBT, offering fast processing times and flexible asset support, but incur network fees depending on the blockchain. Just recently, The Washington Post ran a story of a phony Apple App Store application stealing an iPhone user’s 17 BTC. If you have any questions about our spreads, trading conditions, or need further clarification on how we manage liquidity, please don’t hesitate to contact us at.

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An investor wants to take out a position size of one Bitcoin back when the cryptocurrency was trading at $10,000 per coin. These tools can be used to profit regardless of where the market turns, and create hedge positions for the best possible risk management solutions. It’s an easy way for beginners to leverage experts’ skills or for pros to diversify. PrimeXBT has an impenetrable security system that implements all the industry leading features. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. No CFD trading fees, but watch out for spreads, commissions, and swaps. The funding rate for buying is 0, 01%. Dear Fabio,We are glad you’re enjoying the trading features on our platform. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. Kicking off the list, BTC to 100k has achieved a perfect win ratio of 100% across 21 orders, a testament to its flawless operational accuracy. We may include partnership links, but they don’t affect our ratings or recommendations. Our cookie policy and our terms and condition is accepted by using the website. Copyright © 2024 CryptoDaily™. PrimeXBT does not support direct deposits via bank cards. Standard order types such as market, limit, stop loss, and OCO can be applied to your short or long positions. This is an essential feature for complex services with many componentsor services spread out across many regions. Catering to both beginners and seasoned traders, PrimeXBT provides competitive rates and leverage options. We personally contact support using all available methods and present hypothetical problems that users might face. You can only withdraw fiat using the same payment method you used for deposits. By default, many futures trades will be set to a whopping x200 leverage, which is significantly higher than many other platforms on the market.

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

01%, while on PrimeXBT, they were consistently over 0. Our clients love how fast and simple our sign up is. Please be aware of the risk. 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. Thereafter, you’d have to wait for your withdrawal request to be processed. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. 🌐 Discover all about PrimeXBT, its features, and future updates directly on their official platforms. This is usually expressed as a ratio, which is the rate at which you can take on debt. If you are a cautious trader, you might want to choose an order type that will enable you to limit losses. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The following sections will provide detailed insights into each payment method, helping you make informed decisions. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and are not intended for UK consumers. 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 this guide, we will use Crypto, as the pair that we want to trade is the BTC/USD. 05% per trade for all asset classes. I’ll post what I find.

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PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. Can I change my leverage. 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. This is awesome since you can maintain that level of anonymity until you decide you want to use Fiat. Attend exclusive PrimeXBT events, network with other clients and learn new skills. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. Both fees are fixed at 0. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. SSI seeks to change that. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. The withdrawal process is quite simple. 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. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. At PrimeXBT, traders have the flexibility to trade and earn in both Crypto and FIAT currencies, backed by top tier security and liquidity. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. ====>>> Visit PrimeXBT. Trader next door Says. High liquidity, aggregated from 12 leading sources in real time. Unlike most exchanges today, KYC verification is optional on PrimeXBT. Cobinhood’s primary advantage is its zero fee trading model. If the market price trends down instead, it can result in realized or unrealized losses. PrimeXBT positions itself as a platform that offers advanced security and copy trading, among other features. Thank you for using PrimeXBT, and happy trading. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. PrimeXBT offers many ways to fund and withdraw money, fitting different needs. This transparency helps you choose a trader you’re confident in copying.

Equal

Crypto margin trading fees are charged a commission of 0. If the price increases by 10%, you’d make a profit of $100. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. By offering a range of account types, PrimeXBT accommodates diverse trading needs and preferences, ensuring a tailored experience for every user. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. Hold your trades open for longer with cheap funding rates. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. Date of experience: September 05, 2024. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. 00 while the Support at 153. Go to Settings > Security and enable Install from Unknown Sources if prompted. In this case, you will be using only 10x leverage against your 0. Thank you for choosing PrimeXBT. PrimeXBT charges two types of fees: trading fees 0. PrimeXBT does not charge fees for deposits. Learn more about Baksta’s Legal Terms. Margin trading allows you to leverage funds provided by a third party for asset transactions. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. Visit now to find the answers you need. Human help when you need it.