Conclusion

The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Crypto and Fiat wallets are on the Main page. Mostly there are also higher fees for deposits and withdrawals. However, PrimeXBT pulls away from its competitors in the cryptocurrency exchange industry through its range of CFDs extending beyond cryptos. Each time, transactions went perfectly. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own inquiries. In just the last few months, exchanges that formerly required no KYC like OKX, Bitget, and KuCoin have all either implemented KYC procedures, or withdrawn services from the US due to the harsh regulatory environment for crypto exchanges. 01 BTC on the exchange. EToro also supports a wide range of assets, including stocks, ETFs, and cryptocurrencies, providing ample opportunities for diversification. Currently, we do not offer a no deposit bonus. They can also setup a performance fees which will help them to make extra money from the trading. Its decentralized and security related consensus method depends on a network of reliable nodes. Our detailed price comparisons and cryptocurrency guides have you covered. All the services on the Tradersunion. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Best regards,The PrimeXBT Team. 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. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. Simply add a new time code generator in your 2FA app and enter the 16 digit backup code. 00001 a few days before launch. Payeer is accessible in Pakistan. Advcash account email address used to make a deposit will be preselected automatically. The exchange utilizes an extensive cybersecurity framework to make sure that strict measures and best PrimeXBT Auszahlung practices are implemented to protect customer assets against any eventualities and threats. The app also supports PIN, face, or fingerprint authentication for secure login. Brokers such as PrimeXBT actually automatically adjust your available balance and margin to prevent liquidation i. Popular ones include BTC/USD, ETH/USD, ETH/BTC, ADA/BTC, and FIL/BTC.

PrimeXBT Review: Great Features, Limited Cryptocurrencies

You may also be asked to provide some proof of income documents. Dear Leone,We’re glad to hear that you’re enjoying the Copy Trading feature on PrimeXBT. Manage risks with stop loss and take profit orders, and earn in BTC, ETH, USDT, USDC, COV, and USD for flexibility and diversification in trading and profits. Users can follow accomplished traders, exchange ideas, and copy their trades while utilizing various automated trading preferences. Management fees are charged by strategy managers for managing the strategy, performance fees are based on the profits generated, and standard trading fees apply to trades executed within the Covesting module. Make sure that you practice adequate risk management. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. And for those clients who want to improve the cybersecurity of their investments, the platform offers several solutions. 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. However, it’s important to understand how these promo codes work, the terms and conditions associated with them, and how they can impact your overall trading expenses. In terms of supported cryptocurrencies, PrimeXBT’s repository is quite small and may not be a favourable option for some investors. You are the only one who is responsible for the money you invest, and Bitcompare is not responsible for any losses you might have. When you trade on margin, you are using borrowed money from the broker, using the cash or other securities in your portfolio as collateral. The tool features a proprietary “risk scoring” system that helps investigators uncover and monitor potentially malicious activities. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards. ➡️Commodities – Namibian traders can diversify their investment horizons with PrimeXBT, offering access to 10 commodities, including precious metals and essential energy like oil and natural gas. These include the United States of America, Japan, St.

Create an account with PrimeXBT

Wait a moment and try again. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The exchange hasn’t been hacked up to the point of this writing and is considered one of the reliable and secure trading platforms. You can also register by downloading the PrimeXBT app on Google Play or Apple Store. 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 PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards. Prime Technology Ltd is PrimeXBT’s Technology Provider. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. In New Hampshire, HB 436 exempts “persons using virtual currency” from registering as. Perfect Money Account ID used to make a deposit will be preselected automatically. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. You can also move and rearrange everything using drag and drop. From what we conclude that for the entire time of the project’s existence since 2018, it has not had any security problems.

What Is The Minimum Deposit At PrimeXBT?

We’re glad that you appreciate this integrated approach and find it beneficial for your trading strategy. 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. By integrating with Telegram, a messaging application, PrimeXBT allows users to access account statistics, manage trades, and receive support directly through the chat interface. When it comes to approaching the stock market, there are so many different options across so many different countries, and. You will also find that the leverage and the CFD market are much more manageable and user friendly. Crypto industry,” he says. PrimeXBT impresses me with its diverse range of order types, providing me with the flexibility to execute trades in accordance with my preferred strategies. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. The all new native PrimeXBT Android app is now available as a free download today via the Google Play Store for Android devices. The low trading costs are the most notable feature of the PrimeXBT Standard Account. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. I just opened trading account on this platform and still learning its functions🧐I noticed that I have several trading modes account types available to meI chose crypto trading. The fees for withdrawals are as follows. This company responds to reviews on average within 18 hours. The default should be 5 minutes, but you may also choose 1 or 15, and even 30. I really ask myself:Imagine you’ve been hitting serious. To start trading on PrimeXBT, setting up your account is a breeze: Simply provide your email and create a secure password. 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. The first option is to deposit Bitcoin to your personal account address 1. Most of the funds that are held at PrimeXBT are kept in cold storage. Another way to contact them is via Telegram or Twitter. Commodities and Indices Analyst. Though founded and registered in Seychelles, with offices in St.

Streamlined trading with intuitive design

Reply from PrimeXBT Copy Trading. At PrimeXBT, we’ve always been committed to putting our clients’ needs and safety first. The ability to apply up to 200x leverage on Bitcoin and Ethereum is a feature that sets PrimeXBT apart from its competitors. There is a widget in their deposit section that can be used to buy crypto using a credit or debit card, however this adds a charge. Understanding the significance of Know Your Customer KYC procedures, we emphasize that all clients adhere to PrimeXBT guidelines, exercising due diligence in compliance with local laws and regulations. PrimeXBT shows that it can also make sense to offer other assets for traders who want to use them to increase their cryptos. Traders can visualise trends, spot support/resistance zones, and identify patterns faster to find more opportunities. Swing traders more so try to time larger price movements across a wider length of time. This article covers all you need to know about the PrimeXBT affiliate program. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders. Bybit does a fantastic job listing new and exciting project tokens quickly, often providing access to tokens quicker than many of the major exchanges. If you ever need any assistance, feel free to reach out at. And many cryptocurrency exchanges that require KYC have made streamlining transactions a priority. Meaning, if you put 1 BTC to trade on PrimeXBT, you will get an additional 0. Before placing a leveraged trade, check how correlated markets are performing, such as equities or interest rates. Thus anything published on The Money Mongers is not an investment advice and we are not you investment advisor.

Step 3: Withdrawal and Review

To do that click with the right mouse button to see this tab 1 and click on “Modify Position”. Thanks for choosing PrimeXBT, and happy trading. Both Apple and Android devices are compatible with PrimeXBT. Claim your $600 Welcome Voucher for completing simple tasks on Binance. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. A word of warning for US investors though, in June 2023, CoinEx agreed to stop onboarding new US clients to its platform imminently, following a large settlement and ban from operating in New York. Covesting is a social trading platform that is not directly integrated with PrimeXBT which is another upcoming exchange. Information regarding past performance is not a reliable indicator of future performance. Paybis: Crypto, Bitcoin Wallet.

PrimeXBT Futures Trading Fee Structure

The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. The Olympics are here and PrimeXBT is giving 10 traders a total of 5,000 USDT during its Olympic Demo Trading. In order to do this, you will need to provide them with an email and password. Requests before 12:00 UTC are processed the same day; those after 12:00 UTC are processed the next day. The lack of crypto assets and the fact that there is no spot trading, only CFDs, prevents many crypto traders from using this platform. Placing trades on PrimeXBT is simple, with an easy to use order form. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. The Bybit copy trading platform has already attracted over 259k users, making it nearly instantaneously, one of the largest markets for crypto copy trading. To buy or sell an asset, or place a trade, just click on ‘CFD Trading’ under the ‘Trade’ section on the main menu.

4 0

Neither PrimeXBT nor FTX can be used by US persons, and FTX instead offers a US version of its exchange whose trade offerings are far more limited than its parent global exchange and do not at all compare to FTX International’s selection. Established in 2018, PrimeXBT is an online global broker that allows you to trade popular cryptocurrencies, commodities, foreign currencies, and major stock indices. How to claim a 50% deposit bonus on PrimeXBT. You can also set Protection orders for any existing position by double clicking the position where you want to add Protection order. You will need to provide the necessary details for the withdrawal, such as your wallet address if you are withdrawing cryptocurrencies. Hot wallets, however, have a direct connection to the internet and the exchange’s server. Here’s what is being charged. Traders have all the tools needed to succeed regardless of market direction. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses.

US dollar

306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The average price in 2025 is expected to be near $49,000. Here are the most common ways to make money day trading Bitcoin. Thank you for your feedback. The Trade Fee is charged every time you open or closed a position: 0. Finally, the broker also debuted a new Partnership Program. Reply from PrimeXBT Copy Trading. Whenever you complete a crypto transaction, you will usually be charged a fee.

Chimpzee CHMPZ Is Loaded With Lots Of Events That Could Help Its Price Spike This Month

PrimeXBT is a unique crypto exchange with a wide range of financial assets. Our goal is to provide a supportive trading environment and access to experienced traders who can help navigate through market volatilities. If there is a case where a trader exhausts their equity and the value of their account falls below a certain level, they will get what is termed a “Margin Call”. To further enhance security, PrimeXBT employs a manual process for all incoming and outgoing transfers. These include all of the momentum indicators as well as relative strength and volume based studies. PrimeXBT allows traders to buy or short a wide variety of cryptocurrencies including BTC, ETH, XRP, EOS, and LTC against USD and BTC. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. A complete stop loss order tells the broker to exit the entire position once a specific price has been hit. This price action made XRP one of the worst performers over the last several years, and kept prices at bay. Other exchanges such as Kraken and Swissborg offer more beginner friendly platforms, so feel free to check those out if that’s where your level is at. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The price spread is the difference between the buy ask and sell bid price of an asset, representing the transaction cost. And finally, the 5 supported commodities. Gold is an established and mature market for investable assets.

Equal

Tradable assets aside, here are the products and features PrimeXBT brings to the table. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Optional KYC and a demo account for practice are also available. I just heard about it, and my friends often discussed the stock market, the rise of bitcoin, etc. Creating an account with PrimeXBT is a quick and straightforward process. Once a trader has this basic grasp of trading, they feel their strategy is properly locked in, and their understanding is sufficient enough to deal with the whims of the market and their own fear and greed, then there is a chance to multiply profitability in trades. 0167% every 24 hours depending on market conditions. “If bitcoin can continue making progress and adoption in the payment front, it could increase its overall utility and become more ‘money’ like—helping it reach those lofty price targets,” Sciberras adds. Traders should also consider their risk tolerance, trading goals, and market conditions when developing their strategies. Next, the user is redirected to another page where he must specify the data. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. For cryptocurrency deposits, PrimeXBT does not strictly enforce a minimum deposit amount. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Note that this fee won’t execute if you enter and exit the position with the day. The $900 mil TVL makes total sense to me now. This means you can expect fair pricing, transparent trade execution, and a well regulated trading environment. Remember: don’t invest more than you’re willing to lose and happy trading. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Paybis: Crypto, Bitcoin Wallet. It also remains the best broker for leveraged cryptocurrency trading, offering clients 1:100 with negative balance protection. Customer support is available 24/7 through live chat and email.

⏳ Register for free €0 00 within minutes

This is especially true if you’re overtrading, i. Alternatively, crypto futures use a funding rate solution that keeps prices steady between contract prices and the underlying spot market. Leverage is expressed as a ratio, like 5x or 10x. Salvo Castagna Launches Fintex, Revolutionizing Crypto Transactions with the IBAN Crypto Ramp. We particularly liked how user friendly it was, which will appeal to beginners. I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. The trading paltform is something that even a kid will understand. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. You can then buy, sell, and trade cryptos without giving any personal details or documents. One of the most significant disadvantages that Polkadot has is that it is competing with many other general purpose, smart contracting, proof of stake blockchains such as Tezos, Cosmos, and Cardano, to name a few. ✅Enter the account number and SWIFT/BIC code in the required fields.

Worse

Each unverified account has a 24 hour withdrawal limit of $20,000 or equivalent. Therefore, we wanted to share the following bulletin with the community to protect you from criminals and other bad actors. The bonus funds are available for two weeks after activation, and can be used as additional collateral to open positions. The promotion is active from 11 March through 9. Virgin Islands, Northern Mariana Islands. This flexibility can attract developers and projects seeking a customisable infrastructure for their decentralised applications. PrimeXBT wallets are multifunctional. Trading tools and real time market data are easily accessible thanks to the platform’s architecture, allowing users to make educated decisions without relying on external resources. The biggest weaknesses of PrimeXBT as a crypto exchange are the lack of crypto assets and the fact there is no Spot trading. The service collects feedback from users in all possible ways. 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. There are also a lot of crypto currencies available. Based on the EUR/USD trade that we have taken before, the value of 1 pip is 10 USD. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Thank you for your feedback. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. So instead of seeking confirmation before opening or closing a position, one click trading simplifies the workflow. Only for verified users. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. We will start this PrimeXBT review with some words about the platform in general. Some codes or offers cannot be combined with other ongoing promotions. You’ve probably heard about PrimeXBT, a CFD crypto exchange platform growing in popularity known for its wide range of tradable assets and high leverage options. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer.