PrimeXBT Review 2025

Today, in 2023, Litecoin has languished right along with some of the bigger crypto, as it is trading under $100, and has even seen $50 lately. I discovered PrimeXBT from an article. Or do you travel a lot and. When I first got into crypto, I was on a mission to find the perfect exchange for myself and spent countless hours exploring crypto exchange platforms that failed to meet my requirements. This allows the trader to psychologically accept the losses that will inevitably come from time to time. Date of experience: May 20, 2024. Additionally, you can choose to receive email notifications for logins and liquidations. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. You can access Darwinex liquidity via FIX and a proprietary API offering to trade DARWIN assets on their Exchange. Today even AI and machine learning could be employed to assist in making predictions. Syla can be used to record your transactions by File Import. Additionally, listing on major exchanges and partnerships enable easier access and thus higher demand for ADA coins. Brief Price History: IOTA peaked in 2018 at $5 per token but has since fallen into a long abyss of a downtrend. There is charting, easy order execution, and account management. You can build out your own workspaces that you can access at the top of the platform. Best regards,The PrimeXBT Team. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Customizable preferences and fund allocation options. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa.

◾️Can I see a detailed report of all trading activity on my account?

This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. At PrimeXBT, we strive to make our platform accessible and user friendly, even for those new to the Strona internetowa PrimeXBT crypto world. I trade forex, indices and commodities sometimes. Its spreads are average to high compared to the industry average, barring cryptocurrencies. This lets traders gear their trades and greatly amplify any profits generated from each position. Open the downloaded file and tap Install to complete the installation. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. It’s great that our platform provides visibility and access to such diverse trading strategies. Best regards,The PrimeXBT Team. The stop limit order works similarly, but only when the asset price hits a certain amount. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. ✅Proceed to the «Deposit» area after logging into your PrimeXBT account. Fitzwilliam Quay 12, Dublin 4, Ireland. These security features collectively ensure that PrimeXBT provides a secure trading environment, helping to protect users’ funds and personal information against potential threats. However, it’s important to remember that leverage is a double edged sword. Forexlive has no control of the contents of this page, nor is responsible for its accuracy or legality and hereby waives any responsibility for this content. There are many perks to short selling through futures, with the most outstanding being that it allows a new investor to invest a small amount, which allows them to learn. For example, if a trader opens a buying position on gold with 5% of his trading account size, the same trade would appear in your trading account. It appears to have a lot of the same functionality that you have on the desktop platform. For our trading test, we thoroughly evaluated the PrimeXBT platform.

CFD trading fees and conditions

When you leave a comment on this site, it will not show up until a Bitcompare administrator approves it. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. Keep track of the tournaments you are participating in and see details of past tournaments on the My Tournaments page. Go to Settings > Security and enable Install from Unknown Sources if prompted. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Processing times vary but are generally in line with industry standards. Coin Bureau readers who sign up to PrimeXBT using our referral link will receive a FREE 35% BONUS as well, definitely worth taking advantage of. PrimeXBT has taken all the necessary steps to implement impenetrable security. With all of these leverage numbers, it is important to point out that this is the maximum leverage limit, and traders can opt for a lower number level. You will head on over to your dashboard section. However, insurance coverage is still rare within the crypto industry. Additionally, choosing the right time to enter and exit trades can help minimize costs. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. The FSCA mandates that brokers offer quality education to beginners, and PrimeXBT has published 390+ educational articles. To get one of these bonuses, all you have to do is activate one of our exclusive promo codes.

PrimeXBT Turbo Trading Reduced to Simplicity

They are registered in Seychelles and have offices in St. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. The main tool for trading in PrimeXBT is a web platform with built in market analysis tools. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. The EUR/USD pair is a popular currency pair to trade in the. Just like any other financial market, cryptocurrencies move in cycles. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Click Download and confirm the file download if you see a warning. Trade 100+ markets like BTCUSD, EURUSD and SP500. These questions are largely speculative and opinion based. Investors can make well informed decisions about their involvement with Polkadot as an investment opportunity by maintaining a balanced perspective and carefully weighing the benefits and hazards. It offers high leverage, advanced charting tools, and a wide range of trading pairs. 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. Also linking to articles containing referral links is not allowed. Yes, PrimeXBT provides a demo account feature that allows you to practice trading with virtual funds before risking real money. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. Varies on account type.

Get started in minutes

Forex traders will need to choose a trading platform, and there are quite a few out there. This fee is relatively standard in the industry, covering the transaction costs on the blockchain. PrimeXBT is a South African broker with an excellent niche offering. At its core, PrimeXBT is an elite, award winning margin trading platform with more than 100 different trading instruments to choose from across. PrimeXBT is presenting a $50 Signup trial bonus exclusively available for the new traders of the company. Buying on margin involves borrowing funds to increase your purchasing power. 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. For years it has grown into a global platform that has expanded to over 150 countries all around the world. PrimeXBT’s trading platform has a pleasant and intuitive design and features basic tools like one click trading and alarm setting options. Add funds to your account by selecting your preferred payment method. We appreciate your recognition and are pleased that you find the deposit process enjoyable. His work enhances the platform’s educational content, aiding traders in their decision making process. They seek to enhance the functionalities of smart contracts by securely combining on chain and off chain computing resources, creating hybrid smart contracts with augmented capabilities. Io was initially based in China. Finally, I found an exchange with adequate fees and good diversification opportunities. I mean I regularly check certain materials to make sure that there are no turmoil in the market, and it really helps me to manage open positions effectively. PrimeXBT enhances user security through measures such as. I ain’t got hiccups with the number of payment means but faced a sudden delay during depositing. 12 milliseconds on average. If the app is unavailable in your region, you can still access it through direct download from our site. 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. It takes just a few minutes to get started.

How to Find and Activate Bonuses On PrimeXBT

Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. This marks a significant milestone for stablecoin EURC as it was only exclusive on Avalanche, Ethereum, Solana, and Stellar. 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. If all the people you referred trade less than 100 000$USD in a month, you will earn 20% of their trading fees. Advanced trading concepts can be confusing for beginners. If you would prefer a more visual guide then PrimeXBT has included a number of video tutorials. Reply from PrimeXBT Copy Trading. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Autocopying has additional advantages, which you can learn more about in myAlpari. While they don’t offer nearly as many earn products as Binance, they have a lot more on offer than much of the competition out there. Registration is simple, with a minimum deposit of just $10, and the system for data and fund protection further ensures the safety of client assets.

Verified Trust Ratings

While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. It is mandatory to procure user consent prior to running these cookies on your website. In the example above you would need to extend your Drawdown to 40%, for example. The app also supports copy trading and includes a live chat feature for direct communication with customer support. These features include margin trading, leverage, and various order types that can enhance your trading strategy. To trade with margin, users must fund their trading account after making a deposit to begin trading. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. For a complete list of restricted regions, refer to Section 1. If you have any topics or suggestions for future articles, please feel free to share them with us at. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. The performance of Prime XPT is simply outstanding. Compared to the industry average, PrimeXBT provides an average number of currency pairs and a high number of commodities, indices, and cryptocurrencies. The file is verified secure by PrimeXBT. Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. Followers earn 70% from any profitable trades. Scan this code to download app.

Readable Experience

Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. Positions closed before the start of a new trading day 00:00 UTC will not be charged at all. The technical analysis team at cryptonewsz. Trading cryptocurrencies on margin carries a high level of risk, and may not be suitable for everyone. In earlier cases, $100 was utilized, which was then multiplied by 10,000. The bonus is given only on the first deposit;2. Luckily the customer support appeared to quite professional to help me withdraw my previous earnings and close my trading account since it can no longer be available from my current place of residence. The platform quickly gained traction in the cryptocurrency trading community due to its user friendly interface, competitive fees, and a strong suite of trading tools. No, PrimeXBT does not require KYC verification for basic accounts, allowing for anonymous trading. Instead of having a predefined amount of funds for margin, which may close your trade if exhausted, your entire account balance can be used as margin. This means that funds are stored offline in a wallet that can only be accessed by multiple people. Also, I have been improving my knowledge using their forex courses, a 10/10 if you ask me. It became my favorite because it offers attractive margin conditions, low fees, and access to a wide range of technical analysis tools. If there is no seller on the market, you can’t buy. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. This process will usually take 3 to 5 days but it does provide you with unprecedented levels of security as you will never have to share your credit card details online. The report also highlights promising newcomers and consistently successful traders, underlining the dynamic and competitive nature of the Crypto trading market. Leverage amplifies your profits in short selling. The Covesting Module will also eventually be available on other exchanges which have not yet been named. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Scan the QR code with your device’s camera and get APK file. Reply from PrimeXBT Copy Trading.

Call us

The broker also offers crypto futures on its other trading account. Our predictions are based on a careful analysis of market trends, historical data, and the overall cryptocurrency landscape. However, it lacks depth and diversity. PrimeXBT offers a user friendly platform catering to both seasoned traders and newcomers. PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives futures and CFDs. While PrimeXBT’s platform supports one click trading, its lowest timeframe is one minute which is not ideal for scalping. Select additional content. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. They will send out an email to the address that you have provided so that you can verify it. Hold your investments in a cryptocurrency exchange, custodian, or digital wallet until you’re ready to sell, making crypto trading a strategic and flexible endeavor. However, you won’t be able to access all of these products without completing some KYC. Before making financial investment decisions, do consult your financial advisor. It is also important to note with the lack of KYC requirements that they are playing on the less cautious side of friendly regulation which may see some crackdowns in the future. Commission free, but like many other brokers it charges a spread based on the cryptocurrency being traded.

Bitcoin’s average price and Ethereum price prediction

Clients can withdraw their available funds at any time, but the withdrawal fee may vary depending on the payment method and currency. Traders should review the fee schedule on the PrimeXBT website for specific details. In the end, it all comes down to personal preference, however, there are several factors that should go into selecting the best crypto trading platform for you. Anyone can view, post, and comment to this community. Exclusive to SAShares Clients. This means that they will get you the best price available, once a level is touched. Each account can have up to 20 subaccounts. The layout has a high degree of customization and multiple order types to support the trading of the hundreds of different markets available on the platform. Nonetheless it involves risks that may escalate the probability of losses. It takes just a few minutes to get started. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. It awesome for proper risks allocation, since from the very beginning traders are taught to distribute risks correctly not to get exposed by them and eventually not to get disappointed about trading activity. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. ” It connects non blockchain Enterprises with some of the biggest blockchain platforms. Previously, to access everything the PrimeXBT advanced trading platform had to offer, users could only do so via the desktop or mobile web browser. Note that you might have to share your personal identification if you intend to use any of the services mentioned above. The order form also displays recent trades and order book data. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. They prioritize protecting user data and funds with sophisticated security measures. Com is a leading open source Bitcoin and Bitcoin Cash storage platfo. Do not reveal personally identifying informationPII, otherwise known as doxxing yourself.

About

PrimeXBT offers the following selection of assets. OKX stands out as a top alternative to PrimeXBT, offering a broader range of crypto products and services, plus monthly Proof of Reserve releases for enhanced transparency. It’s great to hear that you value the diversity of financial assets available on our platform. The trade fee is charged for entering a position, and the overnight fee is charged for positions held overnight. This could be a bit of an issue for him, because time and time again he seems to sell Tesla at the very highs of each pop. There is no specific market analysis that is more effective to trade Crypto, instead it can be even more effective when used in tandem. Khary Robinson is the Executive Chairman of Norbrook Equity Partners “NEP”, a holding company that acquires and operates privately owned businesses in emerging and niche markets. Depositing $2,500 gives you a $500 bonus, and depositing $5,000 gives you a $1,000 deposit bonus in your trading account. You can deposit fiat currency via Advcash and Perfect Money, but account verification is required. They conduct thorough market research such as technical analysis, identify favourable technical indicators, and choose a suitable leverage ratio based on their risk tolerance. 93 during the 2017 crypto mania, clawing back up to that level is certainly possible. Information regarding past performance is not a reliable indicator of future performance. By implementing these strategies, traders can effectively manage their trading fees, thereby maximizing their profitability on PrimeXBT. 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. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. The answer would be the same as almost anything else: as soon as possible. That being said, it does make a certain amount of sense that Cardano will be one of the winners in the future, as it is peer reviewed and so widely followed.

Bernd K

Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. I also tested the fiat withdrawal process, using Volet. Copy trading fees are also charged similarly. By the end of this article, you will have a clear understanding of the costs associated with using PrimeXBT, which will help you plan your trading strategies more efficiently. Join 1M+ traders who choose PrimeXBT as their go to trading platform. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. The spread is essentially the fee you pay for trading an asset. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. Baksta is a virtual currency exchange operator and virtual wallet holder with the Financial Crimes Investigation Service FCIS. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. Bonuses Cannot Be Combined: Bonuses like deposit bonuses and fee reduction bonuses usually cannot be combined. In the CFD market or contract for difference, you are speculating on the market’s price, not worrying about taking custody of the asset itself. Understanding these fundamentals is crucial for successfully shorting on PrimeXBT. ⚠️ To align with this upgrade: $SHIB/USD will be delisted on 13 Jan 2025. Few had heard of the futuristic financial technology, and even fewer understood it. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals.

Gaurav

Their fees are typically less than $2. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. A pleasurable deal for you when shopping at Primexbt: “enjoy $80 credit on all products with Primexbt coupon code”. Existing PrimeXBT traders will now find a new link to “Turbo” at the top left of their screen in the dashboard area of their account, while those new to trading at PrimeXBT can set up an account quickly and easily here. Get in Touch with RushRadar. Switchere is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 10 cryptocurrencies. Reputation and past incidents:Finally, research the platform’s reputation and track record. Today 8 January 2025 DOGE DOGE/USD is trading at $0. I can now make profitable trades without doing a lot of market analysis thanks to copy trading. There is nothing worse than going through all the research, KYC verification, sign up process etc. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. Virtual Assets are high risk products, highly volatile, with fluctuating values. By analysing these four phases, a trader will also know whether the market is bullish, bearish, or consolidating. If you have any further insights, questions, or need assistance with any aspect of our platform, please don’t hesitate to reach out at. Whether you’re a novice or an experienced trader, PrimeXBT provides the tools and opportunities to succeed in the dynamic world of financial markets 💹. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses.

Worse

This indicator measures the average range of movement for an asset during the last X amount of candlesticks, with the default being 14. This feature grants immediate access to PrimeXBT’s extensive user base and serves as an entertaining and interactive way to involve community members. This also allows the ability to lend and borrow without third party costs or interference. However, there is no way to profit from a downtrend on a spot platform. You can either elect to use a link with your code embedded or to give your referrals your code when they are signing up. Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. Primexbt Promo Code Get Bonus. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. By understanding the impact of regulations and leveraging PrimeXBT’s support services, traders can navigate the platform more effectively and ensure compliance with local laws. KYC, or “know your customer” account verification. BingX, founded in 2018, is a unique platform that combines social networking with trading, allowing users to follow and copy trades from others in the community. The Dogecoin blockchain operates similarly to other major Cryptocurrency networks like Bitcoin and Litecoin. However, depositing or withdrawing fiat currency will require KYC identity verification. Alternatively, you can sign up on PrimeXBT to get a first hand account of the platform. To install PrimeXBT Trade on your Android device, just click the green Continue To App button above to start the installation process. The KuCoin exchange has had years to work on its level of security and implements the use of leading edge blockchain technologies and security protocols such as two factor authentication 2FA, KYC know your customer verification and more. He joined NCB Capital Markets in 2013 to lead the firm’s regional private equity investment initiative. Positions closed before the start of a new trading day 00:00 UTC will not be charged at all. 💱 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. Ever wondered where innovation meets opportunity in the world of margin trading. For our trading test, we thoroughly evaluated the PrimeXBT platform. When BTC exhibits volatility, other major cryptocurrencies like Ether usually move with it.