PrimeXBT

Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. A stop loss order will specify a certain level of price that will trigger the sale of an asset or, in the case of a short position, the buying back of that asset. Reply from PrimeXBT Copy Trading. This article is for information purposes only and should not be considered trading or investment advice. While such high leverage amplifies potential profits, it also heightens risks. Third party service: you can use third party service, such as Coinify TC, which allows you to buy BTC, ETH, USDT, and USDC using your bank card, SEPA bank transfer and have it transferred to your Prime XBT wallet. You may choose from a variety of crosshair settings. 24 hour trading volume is $866848590 USD. This transparency helps you choose a trader you’re confident in copying. In the ‘Margin’ page, select the appropriate margin account, enter the promo code, and click ‘Activate’. For example, all of the best exchanges should possess top tier security features, but if you’re looking to trade only the main cryptocurrencies, you probably don’t really care too much about the variety of coins available on the exchange. Today, the asset is maturing and finding new use cases, such as a safe haven asset and PrimeXBT GB wallet a contactless payment technology. 🔍 Reddit: Post questions and join discussions. What is Bitcoin Cash. The spreads are ridiculously high especially when it comes to Forex. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses.

PRIMEXBT Promo Code — 50% Off Sitewide in July 2024

To this extent, PrimeXBT is one of the most client oriented crypto exchange and trading platforms. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Our website uses cookies. We hope to hear users’ responses soon under this review, so please share if you have experience using Prime XBT. Now let’s swing over to the PrimeXBT trading interface. For instance, the withdrawal fee for BTC is 0. This will help you stay in the game even if you encounter a series of losses. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. Yes, more likely than not, it does have a future. Even login security takes advantage of the built in biometrics features of many Android smartphones. $2,000 by bank card. Crosses include AUD/JPY, EUR/GBP, and GBP/JPY, with exotics including USD/THB and USD/MXN. We’ve seen billion dollar companies lose valuable information. Note that your referrals may enjoy some special offers. PrimeXBT offers the following promotional offers. We may include partnership links, but they don’t affect our ratings or recommendations. Since PrimeXBT’s inception, services have been restricted to residents of a number of countries globally.

Save Money With These Brokers:

It’s worth noting that the native currency was initially called “Stellars. Before making any investment, you should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult with an independent financial advisor. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. PrimeXBT runs random stress tests and security audits to ensure its network stays secure. Date of experience: August 13, 2024. The user information on who has traded on PrimeXBT is confidential and not publicly disclosed due to privacy and security reasons. After that, a personal link will be available in your personal account. It also supports crypto to fiat and fiat to crypto transactions with various payment methods, including credit cards, bank transfers, and Apple Pay. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Investing in cryptocurrencies comes with significant risk. 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. A membership buy in feature is not the same definition of staking used by other exchanges. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. Dean has an economics and startup background which led him to create Bitcompare. Of course, there are also other things to consider. Unlimited for verified users. This representation is known as a moving average. However, it’s still unclear whether the platform merits investment.

Employees at PrimeXBT

I mean the variety of assets are really a lot. This is what is known as the over the counter, or OTC market. The Editorial Team at PrimeXBT includes top specialists in trading and digital finance, dedicated to providing educational content that guides users through the complexities of online trading and investment. Yesterday’s data showed that US retail sales rebounded by 1% month over month in July, having stalled at 0% in June. The main trading platform is actually pretty good, with intuitive menus and info that was easy to access, but the downside is that the trading chart itself cannot be made full screen or at least big enough to see the candles properly, without tinkering too much. Next, marketers should produce high quality content that educates, informs, or entertains their target audience. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. Better yet, this liquidity is far reaching, covering a range of assets. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The risk was only $5 on GBP/USD, and my balance was around $316. Good question, brother. Withdrawal fees, on the other hand, are set at 0. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. Ask or send us a message on Twitter. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. Northern Mariana Islands. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. However, given certain regulations, there are some countries that they do not accept traders from.

What is the PrimeXBT Token?

If a withdrawal is requested before 12:00 UTC, it will be processed on the same day. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. With a current price of $0. Well, it’s tough to catch these values, becuse they are usually wider, nevertheless it doesn’t mean that you will be ripped off by the broker and its liquidity providers. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. Number : +919309468900, +919420092224. PrimeXBT empowers traders to go long or short with leverage. One click trading: This feature allows traders to open and close positions, and cancel orders, with just one click. Content, research, tools, and coin symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular asset or to engage in any particular investment strategy. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. The site’s layout is clean, modern and intuitive, and we found it very easy to find our way around and perform various trading activities. Luckily with a bit of understanding and analysis, making a Polkadot price prediction may be a bit less of an endeavour. Trade cryptocurrencies, commodities, Forex, and major stock indices with ease using CFDs. PrimeXBT has access to over 12 liquidity providers and has an average daily trading volume of around 1 billion at the time of writing and is used by a few million users located around the world. ” The ability to risk so little goes a long way toward your education. Covesting is a unique way to make passive profit for anyone who doesn’t know how to trade themselves.

User Experience and Interface

Unlike its larger competitors, PrimeXBT does not offer P2P trading. When using an isolated margin type, your leverage is capped at x100. PrimeXBT has a watchlist you can easily customize and populate with the trading pairs of your choice. This is because the actual login page should have a secure padlock in the browser. The order form also displays recent trades and order book data. You can pretty much do the same if you like the outlook. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. ” This means there is an occasional hype or lack of hype that can move this coin’s value. What does 2024 hold for the Solana’s price. This feature certainly stands out in the crowded market and positions PrimeXBT uniquely. You’re all set to explore the platform and start trading. You will need a smartphone with a 2FA app like Google Authenticator or Authy installed. The PrimeXBT affiliate program offers single tier commissions, which means the affiliates earn commissions only on sales they generate.

Author

Overall, trading and investment platforms are designed to make financial trading accessible to everyone, giving you the tools and support you need to succeed. Investors can trade Ethereum and ERC 20 tokens at speed with minimal slippage, as well as other native cryptocurrencies and tokens on other blockchains including BNB Chain, Optimism, and Polygon. Cryptographic hashing protects account passwords, and the website uses SSL encryption and Cloudflare DDoS protection to prevent any unwanted downtime. Step 1: Head to the PrimeXBT homepage. 2024 00343, having its registered office address at PKF Corporate Services Ltd. There was a great variety of choices with the majority of currency pairs and commodities including gold and oil. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. The award winning trading platform behind PrimeXBT provides you with margin trading account and all the tools you need to succeed in the crypto market. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. Most retail traders will have to access the currency markets via a broker, as the size necessary to trade with the major banks is far out of the reach of almost all retail traders. This rescued elephant now lives peacefully with her baby at Elephant Nature Park. 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. Despite these limitations, there are zero trade fees for asset swaps via the Exchange.

Pros

If you take the same situation above and see the stock drop from $60 a share to $50 a share, your loss is compound. Wir stehen Ihnen jederzeit mit Rat und Tat zur Seite. A prime example of this is the recent, highly publicized ban on crypto mixer Tornado Cash. BitSeven’s customer service is not the most varied, since it only allows users to communicate and express their doubts to the technical team through questions that must be written in a specific section of the platforms these questions will be listed. Some security features include. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. They are registered in Seychelles and have offices in St. 05% on most Crypto CFDs. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. Investing in the Shiba Inu Crypto can be a great way to diversify your holdings. In momentum trading, traders aim to enter into a trade when momentum picks up, which is usually the cause around important technical levels. While he may be the most bullish, CryptoYoddha isn’t the only analyst who believes ETH has more room for growth this year. By understanding these limits, you can choose the most appropriate method for your needs and ensure that your deposits are processed without any issues. PrimeXBT has access to over 12 liquidity providers and has an average daily trading volume of around 1 billion at the time of writing and is used by a few million users located around the world. During testing, I received fast responses with a reasonable level of detail. Many of our WorthEPenny users report scoring a PrimeXBT coupon for 15% to 20% off just for inquiring. Review collected by and hosted on G2. Unrecognized or Partially Recognized Jurisdictions. If you have any further suggestions or questions, please feel free to contact our support team via live chat or email at. 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. Create a FREE account and. Virtual assets are inherently volatile and subject to significant value fluctuations, which could result in substantial gains or losses. VFAA compliant: Malta Financial Services.

My Key Takeaways After Testing PrimeXBT Desktop

Withdrawals incur a fee of 0. Just like when you exchange currency at a bank or make a transaction with a credit card, trading on PrimeXBT incurs fees. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. The idea is that margin trading allows the trader to take on much larger positions than typically allowed. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters. While PrimeXBT supports a wide range of countries, it is not suitable for traders in regions with regulatory restrictions. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Enormous information available on the internet makes it challenging to locate the right and functional promo code.

Click follow

On the other hand, veteran traders with a proven track record can share their strategies for others to copy. No, this is not possible at the moment. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. The charts are categorized into several sections for easy navigation. Learn more about PrimeXBT. Next, we will compare limit and market order fees on PrimeXBT in detail. This plan should encompass several key elements. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. You can also choose long or short and from a range of 13 indicators, lines, and tools to add. Telefon: +90 552 815 96 00. Consider purchasing DOT tokens or taking part in staking if you want to invest in Polkadot. CFD trading is another type of derivatives contract, called contracts for difference. Here you can trade with both cross and isolated margin which certainly stresses the broker’s commitment to ensuring universal infrastrcture. Stellar is appealing to financial institutions and private users alike since it is a bridge currency that enables cross border transactions with low fees and quick transfer times. Traders can select “add widget” and they will be given a list of different ones to choose from. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4. 67, the average price is projected to be $90. By mirroring vetted professionals, you benefit from their experience without doing the hard work yourself. Also linking to articles containing referral links is not allowed. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. There is also no news of hacks and funds being stolen from the crypto exchange. When comparing Kraken to PrimeXBT, your choice hinges on specific trading needs and preferences. Enter your email address to register to our newsletter subscription. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Essentially, it enables users to browse and instantly copy their trading behavior through hundreds of trading strategies offered by the other traders, achieving the same returns as the leading traders on the platform. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. I found the KYC process to be straightforward, with my account being verified instantly.

İletişim

While margin accounts have a potential for higher returns than a typical cash account, they do come with a substantial downside risk due to the leverage involved. Rockford Group Investment Advisor. By troubleshooting these common issues, you can ensure a successful reset and maintain PrimeXBT’s functionality. Leverage trading on PrimeXBT involves borrowing funds to trade larger primexbt contactos positions than your initial capital. PrimeXBT does not charge for deposit or wallet creation. Bank grade security must be the backbone of any platform’s infrastructure. We assessed whether all online features were available in the app, including instant buy tools and charts. If activating multiple promo types, it is also important to note that: – only 1 Reward promo type may be active at a time – multiple active Trade Fee discount promo types are NOT additive; only the highest active trade fee discount will be in effect at any given time If attempting to activate 2 campaigns of the same type, a notification window will pop up. Since the platform doesn’t hold funds, it’s not subject to the complex compliance procedures that most centralized crypto exchanges are, meaning there’s no mandatory KYC on the platform and HODL HODL will never ask you for your personal information. Nope, it’s currently unregulated by financial authorities. Bybit flaunts a modern interface with an intuitive design, aiming to ensure you enjoy a seamless trading experience. The disadvantage is that this can also limit your positions’ profit potential. Additionally, you cannot set stop losses and take profits directly from the order form. These can be accessed from inside your account by clicking on the «Tutorials» section in the top right of your account. The broker is also active on the below social media and can be contacted via email –. 15%, contrasting with its considerable all time profit of 164. Trade 30+ assets including Crypto, Commodities, FX, and Indices anytime, anywhere. A company incorporated in St. Bitcoin experienced over $1 billion in inflows, whereas Ether saw an outflow of $341 million in the initial sessions.

Worse

While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. If you are looking for the most user friendly platforms that are incredibly beginner friendly, I would recommend taking a gander at our Kraken and Swissborg reviews. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U. 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. These products are not suitable for all investors. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. Unlimited for verified users. The PrimeXBT team has also made bold claims about their copy trading feature. Say Ethereum market price is $314. In accordance with our Terms and Conditions, certain products, services, or promotions may be restricted or unavailable in specific jurisdictions. The data contained in this website is not necessarily real time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Vincent and The Grenadines, and moved its domain and trading infrastructure to Switzerland. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms.

Worse

This happened in January 19. Slippage can occur for a number of reasons. PrimeXBT provides wallets for BTC, COV, ETH, USDC, USDT, and US dollars. Although its still considered a “meme coin” due to it wide acceptance within its community, celebrity “endorsement” and media coverage, it has evolved into a Crypto many traders and investors keep an eye on. Furthermore, it’s easier to bet on the price falling in Cardano using Crypto Futures. Because of PrimeXBT’s custom trading interface, this screen is highly customizable. At PrimeXBT, we strive to provide efficient and effective work to ensure that all your trading needs are met promptly. However, please keep in mind that a losing trade offers a bigger than normal loss as well. However, this goes even higher to a maximum leverage of 200x for BTC and ETH margin trades which is higher than Binance , Bybit, and Phemex based on our reviews. Additionally, withdrawals to a bank card come with a hefty 5% fee. This comes roughly a month after the platform’s monumental merge update. Kevin is an established copywriter, content writer, and a seasoned investor and trader with a robust background in Business Finance. Levels to watch: The Resistance is at 225. Shiba Inu is a purely speculative investment; you should not put a ton of your money into it. In other words, traders using PrimeXBT do so at their own risk. Before placing a leveraged trade, check how correlated markets are performing, such as equities or interest rates. PrimeXBT’s fee structure is designed to encourage liquidity provision, offering lower fees for makers. You can easily go through each advanced trader’s profile, view their Return on Investment ROI in real time, and see how active they are. These products are not suitable for all investors. Our PrimeXBT review found that they have added the cherry on top and provided everyone with this information. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. Link to join: $100 Welcome Bonus. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. The PrimeXBT referral model has a four tier payout system. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. Step 1: Access Your PrimeXBT Deposit Address. 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. Fair terms and conditions are a must. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania.

PrimeXBT what is it?

Agree and Join LinkedIn. Global Forex Broker Regulatory Inquiry. Advanced trading concepts can be confusing for beginners. The goods news is that PrimeXBT continues to expand its asset selection. PrimeXBT offers a fixed commission rate of 50% of referrals’ profit share. De prijs van ADA zal worden beïnvloed door de uitkomst van de recente upgrades van de Cardano blockchain. Fiat Withdrawals are not available directly. 👉 Touch trading is a strategy where a trader enters a trade as soon as the price “touches” a key level, like support or resistance, without waiting for confirmation. PrimeXBT places a strong emphasis on providing excellent customer service to ensure a smooth and satisfying user experience. These products are not suitable for all investors. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. With 230+ cryptocurrencies available, it provides a safe, user friendly, and comprehensive trading experience, underpinned by its industry leading customer service. PrimeXBT offices are registered in Seychelles and Saint Vincent and Grenadines and this broker does not hold any regulatory licenses. This type of trading that PrimeXBT offers allows you to take advantage of price movement without taking actual custody of the Crypto itself. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. This has led traders who want leverage or derivatives to seek out platforms like PrimeXBT. This mainly depends on the service provider chosen. This is large because cryptocurrencies have seen a huge price increase and many people want to get in on the action.