🌟 Discover PrimeXBT FAQs! 🌐

You can also check out our detailed reviews on both Ledger and Trezor wallets. While some are more straightforward and beginner friendly than others, you shouldn’t encounter any difficulties with either of the top rated exchanges. These services are governed by the legal terms and conditions of PXBT. It’s great to know that our support team has been able to assist you effectively, even in complicated situations. Take this to familiarize yourself with the Futures platform. Here are the various ways to contact PrimeXBT. Withdrawals are generally processed by the broker once each day between midday and 2pm GMT. How much you’re going to add to your trades is up to you and your trading plan. Alexandra Williams has been a trader and observer since 2019. Impact on DeFi and other sectors. Remember that the price per point of a standard lot in the GBP/USD pair is worth $10, so it is simply a matter of multiplying the distance traveled in points by the worth of each contract.

🔍 PrimeXBT Review: Unveiling the Trading Hub 🌟

However, if you are trading small positions, then it becomes much less dangerous. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies PrimeXBT trading in Philippines like TWAP. It is incredible how they have created a platform that is equally effective for trading digital and conventional assets. Pro Tip 📲: Traders can use the PrimeXBT Telegram Bot which will send them price alerts, open positions and executed orders. PrimeXBT offers the only all in one platform that allows clients to buy and sell Crypto, and use them to trade 100+ popular markets including Crypto Futures, and CFDs on Crypto, Forex, Indices, Copy Trading, and Commodities. No problem we will arrange this at your request. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. We do not recommend investing money you cannot afford to lose. The platform’s adherence to KYC and AML standards where required, along with its commitment to transparency, allows users to trade confidently and securely across multiple markets. There is no borrowing of anything, and neither participant technically owns anything. Even though it is not regulated, it has very few online complaints, and its privacy centred approach maintains client security. Users can open accounts, deposit crypto, and start trading with just an email address. Fearful trading then leaves the trader in a space where they can easily miss out on potential gains and wins for fear of trading too hard. Scan this code to download app.

25 best Crypto trading signal providers in 2025

If there’s anything else you need or further features you’d like to explore, please don’t hesitate to contact us at. It takes just a few minutes to get started. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. 0 standard lot buy/sell position in the EUR/USD, at the average spread and holding it for seven nights in the PrimeXBT account will cost the following. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. Higher leverage on a volatile asset significantly increases the risk of liquidation, even with minor price fluctuations. However, it has become standard on most trading platforms. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. You can also set stop and limit orders to protect you from taking a huge risk. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. Below is a comprehensive table highlighting the key features of the PrimeXBT mobile app. You can also sort markets by name and 24 hour change. After all, we have seen massive swings in crypto, both higher and lower, and one would have to assume that it is still very possible.

Deposit Processing Time on PrimeXBT

Becoming successful takes plenty of time and practice, and often new traders end up losing money before they learn enough from their mistakes to correct them and later become successful. Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. If the app is unavailable in your region, you can still access it through direct download from our site. No additional XRP can be created beyond that original amount, though Ripple Labs still holds a large portion in escrow. Brokers are not there to determine how the market moves, only to facilitate orders. This is large because cryptocurrencies have seen a huge price increase and many people want to get in on the action. 11 in 2026, which is a 309. Best Regards,The PrimeXBT Team. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. However, the overall malaise in the crypto markets continues to be a headwind. Overall trading strategy: your leverage selection should complement your overall trading strategy. To celebrate 9 years of blockchain brilliance, PrimeXBT is splitting 1 ETH between 50 lucky traders. PrimeXBT users can buy, exchange, and transfer Crypto via the Main page,. You can trade various currency pairs, allowing you to benefit from fluctuations in exchange rates. To trade Crypto perpetual contracts, go to the Trade dropdown menu, select ‘Crypto Futures’, and your ‘Margin Account’. 1M+ community members. A buy stop order is always placed above the market, and a sell stop order is placed below the market. Gemini also offers a leading crypto rewards credit card. Despite its humorous beginnings, Dogecoin established itself as a legitimate digital currency with a strong and enthusiastic community. When trading Contracts for Difference CFDs, positions can be opened for a fraction of their value because of leverage. 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. Additionally, there are a number of products and processes that allow traders to be even more agile and profitable that have come in from traditional trading settings. Do not reveal personally identifying informationPII, otherwise known as doxxing yourself. However, it looks like this is changing as many previously unverified users are now receiving correspondence from MEXC asking them to complete verification by June 30, 2024, or withdraw their funds. With the PrimeXBT mobile app, users can stay connected to the markets at all times, ensuring they never miss a trading opportunity. Scan this code to download app. Trading and investing in digital assets is highly speculative and comes with many risks. As of the provided information, the following countries are banned from using PrimeXBT’s services. With the integration of TradingView charts, I find PrimeXBT WebTrader is powerful, versatile, and well suited for in depth technical analysis. It’s imperative to conduct thorough research, understand the inherent risks involved, and only invest capital you can afford to lose.

Allow Installations from Unknown Sources:

Trading platforms like PrimeXBT and OKX are all about trading volume. We’re thrilled to hear that you feel confident in the transparency and security of PrimeXBT. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. Below you will find a comprehensive list of all the legal documents covering the services we provide. PrimeXBT’s flat fee structure simplifies cost calculations, making it easier for traders to manage their expenses. Depending on if the trader wants to buy or sell will determine if they are write or hold an option. The user interface is as simple and plain as the portfolio. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance.

Chainlink’s roadmap and future developments

If the app is unavailable in your region, you can still access it through direct download from our site. I found PrimeXBT’s trading accounts quite affordable, given that they have no actual deposit requirement $10 is the lowest possible deposit. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Labeled Verified, they’re about genuine experiences. If your deposit is delayed or not credited, double check the transaction details, ensure you meet the minimum deposit requirements, and contact PrimeXBT support for assistance if needed. This table provides a quick reference to the key features of MT4 on PrimeXBT and their associated benefits. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. For example, if you deposit 0. In a September forecast, Changelly predicted XRP could reach $0. However, PrimeXBT does not offer any lower risk securities, such as ETFs and bonds. Chainlink’s position in the market is characterised by its extensive network of decentralized nodes, providing reliable and tamper proof data feeds for smart contracts. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. EToro is a cryptocurrency broker based in Israel that launched its service in and offers individuals to buy and sell more than 67 cryptocurrencies. This results in lightning fast order execution and minimal latency, which traders benefit from. KYC measures may include identifying customers, to ensure that only authorised people are allowed to use the account, and funds and anti money laundering AML inquiries, to ensure that the funds being used are being deposited and withdrawn to a legitimate sources. XLM has a strong focus on providing the unbanked with banking solutions. These include all of the momentum indicators as well as relative strength and volume based studies.

Disadvantages of the Welcome Bonus:

Usually, there is a chat icon on the bottom right corner of the website where they can initiate a conversation. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. The file is verified secure by PrimeXBT. These are supported on both iOS and Android devices. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page. To claim your gift, all you have to do is click here and the bonus will be automatically applied. We’re delighted to hear that you find our platform convenient for trading both crypto and forex pairs.

Digital Platforms and Innovation Redefine High Tech Investment Opportunities

In our opinion, the lack of round the clock withdrawal can create certain inconveniences for clients, and this is a disadvantage of this exchange. We assume no liability for the completeness or accuracy of the information. On Sunday, the attacker dumped 50k ETH on chain, with ETH’s price dipping by almost 7%. Security is an important consideration when considering a crypto exchange. For new traders learning to trade, this can be a great way to gain exposure to trading strategies and be able to analyze how a successful trader approaches the markets. A buy stop order is always placed above the market, and a sell stop order is placed below the market. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. Continuous learning is essential for improving your trading skills and achieving long term success on PrimeXBT. It differentiates between maker and taker fees to promote market liquidity, with precise rates for various assets. This symbiotic relationship creates a win win scenario – strategy managers earn a percentage of the profits made by their followers, while followers enjoy passive profits without the need for hands on trading. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. When the date of fulfilling the obligations is arrived at, you will agree to sell your contract at a lower price. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. Our Crypto Futures platform and its customisable user interface is accessible to traders of all experience levels and is easy to learn. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. BingX copy trading cons. This can be appealing if you believe the price of the Crypto will rise. The exchange, however, charges a 0. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. There are also plenty more success stories like Satoshi Bets and his followers being shared by users in the PrimeXBT Covesting Module Telegram group. Here are some of the basic order types available on PrimeXBT.

Trading platforms Comparison with competitors

However, the lack of regulation should be considered as a potential risk. For Followers, it’s an opportunity to automatically replicate successful trades, unlocking passive profit potential without actively participating in the market. It’s similar to using a lever, a simple tool that amplifies the force you exert. The intuitive design of the PrimeXBT iOS app ensures that traders can easily access the tools and information they need to make informed trading decisions. You can deposit fiat currency via Advcash and Perfect Money, but account verification is required. Verification or KYC procedure know your customer is not mandatory for customers, but it does offer some benefits. The benefit to the Crypto signal providers, is that they either get followers that they can market their paid signals to, or they are affiliated with a broker that they can recommend to the people using their free Crypto signals. Never Miss Another Opportunity. WorthEPenny now has 26 active PrimeXBT offers for Jan 2025.

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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 instance, minimizing overnight financing charges by closing positions within the same trading day can reduce your expenses. 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. As cryptocurrency adoption becomes more widespread and larger institutional players enter the market, we can expect traditional indicators to increasingly influence how risk assets like cryptocurrencies are traded. This is the trading platform I needed all this time. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. With our flexible, 4 level Referral Program, you can earn additional income just by introducing friends to PrimeXBT. With high leverage options, a unique Covesting module, and access to multiple asset classes, it provides ample opportunities for users to explore diverse trading strategies. PrimeXBT Trading Services, S. PrimeXBT operates in a wide range of global markets, offering its services to users in more than 150 countries around the world. This bonus provides a great opportunity to increase your trading capital and gain more flexibility in opening positions without having to invest additional personal funds​. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. This section will provide a detailed guide to the identification documents required for the KYC process on PrimeXBT. In full transparency and honesty, I have never been a big fan of the too many offshore and unregulated exchanges that are out there as so many of them can be quite dodgy. What about Gold, Oil, or the SP500. Users are required to verify their accounts to deposit and withdraw Fiat currency. Withdrawal Impact: Withdrawing any funds from your account will automatically cancel any active bonuses. I also like that they have 24/7 Customer Support and their chat agents are very knowledgeable and very friendly. Complaints Handling Procedure. Planta Habilitada por MSP. Scan the QR code with your device’s camera and get APK file. However, when interest rates are low, cryptocurrencies become an attractive place to park money, which often leads to long lasting bull markets. With every liquidations that occurs an extra fee of 0. Up to 100x in all cryptocurrency pairs.

Boost your deposit by 20%, up to $7,000! Tradable Bonus

This transparency helps you choose a trader you’re confident in copying. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. 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. The app supports a wide range of trading instruments and provides real time data so you can make informed decisions no matter where you are. 08:30 – 11:30, 12:30 – 13:30. As well as from unrecognized or partially recognized states: Gaza Strip, Crimea, Donetsk People’s Republic, Kherson and Zaporizhzhya oblasts, Luhansk People’s Republic. 42905 per XLM, with a market cap of $13149238568 USD. This has led traders who want leverage or derivatives to seek out platforms like PrimeXBT. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. Taking a closer look at the actual tools that are at your disposal, there are the drawing tools that traders need to map their important levels. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Since non KYC exchanges typically do not require identity verification, it’s even more critical that they offer strong security protocols. Another advantage of leveraged trading, in general, is that it allows traders to short an asset. We’re committed to providing a robust infrastructure that supports traders in managing their exposures and achieving their trading goals. It also has the most regulatory support and is being actively accumulated by institutions that expect it to outperform other assets like gold, stocks, and more. 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. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. The rest is held in an escrow account by Ripple.

Most Secure Wallets To Start With

PrimeXBT has eleven industry awards. Strategy Managers take the lead, controlling the trading activity of their managed strategies, while Followers seamlessly replicate these trades. 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, Bitcoin Cash has been unable to beat Bitcoin at its own game, despite faster block times and reduced block size. Leverage and futures contracts: some Crypto exchanges enable margin trading through Futures contracts. For users who do not want to use one of these third party services then they will need to fund their account with crypto that can be purchased from an exchange like Crypto. We rank licenses by various regulatory bodies on a three tier system, where Tier 1 licensing indicates the highest level of regulation. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Here are the main types of bonuses available on the PrimeXBT platform. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. Funding fees are calculated on an hourly basis and can be viewed directly on the trading platform. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Its global presence, with clients from over 150 countries, underscores its appeal and acceptance worldwide. It is important to note that if a position is carried over into a new trading day or trading session, an overnight financing fee is applied. This means that your account ties into their trades and executes the same trades. The key products offered by PrimeXBT include CFDs and Forex trading, crypto trading, copy trading, and crypto futures. 35350, this means that the trade lost 25 points.

Tradable Coins

Our website uses cookies. Top 10 alternatives to PrimeXBT. You can start trading with just $100 with PrimeXBT. Here’s a simplified example of how leverage translates to Crypto trading. They also have what the company calls a “Z score” which includes metrics like risk, profits, ability to beat the market, days in profit, assets, timely payouts, asset growth and zero leverage. Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit. Paying close attention to your risk is the most important thing a trader can do and is especially paramount in these accounts. ZuluTrade supports over 40 forex brokers, one of which being their integrated solution. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. 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. While ADA coin can be stored on a Ledger, Trezor, exchanges, or nearly any platform wallet, its native wallet is called Daedalus.