PrimeXBT’s Unique Features

One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. The “big shot” bonus. 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. Users of the crypto exchange can receive various bonuses and take part in contests and promotions with cash prizes. Receive the latest news and stay informed. However, I wish there were more technical analysis tools available. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. Here’s a detailed breakdown of their fees. Here are the typical processing times for fiat deposits. Remember, terms and conditions apply to these promotions. This article covers all you need to know about the PrimeXBT affiliate program.

PrimeXBT Review 2025: Complete Exchange Overview

While it supports copy trading, the platform lacks automated trading functionality. On Sunday, the attacker dumped 50k ETH on chain, with ETH’s price dipping by almost 7%. Depending on the trading strategy, they may become the most significant fee per trade. OKCoin is a platform to get verified, funded, and track assets across all screens. If you have at least heard of cryptocurrencies, and perhaps even bought some and held on as the most basic method of making money, it is worth exploring new methods to increase your profitability in this exciting and always growing space. 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. However, depositing or withdrawing fiat currency will require KYC identity verification. Some exchanges need to verify these details by asking for proof of identity and a proof of address. Compare Other Crypto Exchanges. PrimeXBT Open Account. When we used PrimeXBT, we were reassured to see that the brokerage offers a demo account through its Contests. Only for verified users. Your stop loss order will protect you from losing too much of your account. However, PrimeXBT does not offer any lower risk securities, such as ETFs and bonds. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. In the Forex trading, the terms “pip” and “pipette” are frequently utilized to characterize price fluctuations and changes. But this is due to the fact that those perpetual contracts can be seen as kind of a futures trading product, but without settlement date. However, there are some regions where PrimeXBT does not accept users, including. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. When it comes to funding your trading account on PrimeXBT, flexibility is key. You can easily download and install the PrimeXBT app on your tablet, whether you’re using an Android or iOS device. This is because the actual login page should have a secure padlock in the browser. The RSI is easy to read, and even easier to use to build a successful trading strategy, especially when combined with chart patterns, candlesticks, and other formations. Staking COV tokens unlocks advantages such as using COV as collateral for leveraged trading, reduced entry fees, increased profit share, extended following limits, lower trade fees for strategy managers, and higher APY on yield accounts. Every professional trader has to deal with market risk which can lead to trading losses. 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.

🛠️ Services Offered: PrimeXBT provides:

Scan this code to download app. Here’s a step by step guide to help you claim your No Deposit Bonus on PrimeXBT. The promise is, of course, false and the victim is essentially re victimized a second time when they pay the recovery scam artist. This means that user funds cannot be sent to a rogue address in the instance where an account is breached. Beginners usually find it easier to stick to the most liquid coins like Bitcoin and Ethereum. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. That would be a significant increase from where the market has fallen, roughly doubling the price of Ethereum at the end of 2022. Once a customer has decided which trader they would like to follow, they will need to make sure the funds they want to copy trade with are in their main wallet, not the trading wallet. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. PrimeXBT supports a wide range of cryptocurrencies, including major coins like BTC, ETH, and LTC; leading meme coins such as DOGE and SHIB; and popular coins including TON and SOL. For example, there are a number of customization options which allow users to alter the appearance of PrimeXBT broker the charts. Within this part of our PrimeXBT review, we will talk about the different types of assets available for trading. Here’s an overview of the different account tiers and their associated benefits. Gold is an established and mature market for investable assets. If you choose to purchase crypto first from a crypto exchange, funding your account is relatively simple. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. At the time of writing, customers can only withdraw cryptocurrencies; there is no fiat off ramp available for fiat to bank withdrawals. Non KYC exchanges make it harder for governments to track cryptocurrency transactions, which can lead to underreporting or tax evasion by users. Under the “My COV” tab, you can use Covesting tokens to access different membership plans on the platform. There is an extensive range of assets that you can trade there. Claim up to $7,000 in Bonus. Dear Enzo,Thank you for your feedback. Similar to Bitcoin, Litecoin is a digital currency that is expected to experience significant growth in the long term. Com, and we’ll be happy to assist you in resolving this issue quickly. 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.

Stop Loss Types

Bybit has done a pretty good job here, offering early access to NFTs from popular creators. One example is in agreement with the Ultimate Fighting Championship to become the official Cryptocurrency of the UFC. They have to deposit their first amount and enter the promo code ‘TMMBONUS’ to receive the bonus within 24 hours. 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. On Polkadot, most of the fee is moved to Polkadot treasury, which is used by network participants to make suggestions and fund network improvements. PrimeXBT Trading Services, S. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. Acquiring the skill of trading in the Forex market broadens the horizon for traders as it offers the chance to. Information regarding past performance is not a reliable indicator of future performance. Unlimited via Perfect Money. Bybit has quite a few earn features available, which provide traders with plenty of opportunities for passive income. Select the ‘Deposit Crypto’ option. Derivatives are financial instruments that are designed to track the price of an underlying asset. PrimeXBT PTY LTD previously Stack Advisory 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.

Related Posts

PrimeXBT is a popular trading platform that offers a range of financial instruments for trading. Smart Contracts and DApps: Cardano’s introduction of smart contracts has opened the door to a burgeoning ecosystem of decentralized applications DApps. Cryptocurrency, Forex, Indices and Commodities. US users have access to more than 70 coins, which far outpaces PrimeXBT. Join 1M+ traders who choose PrimeXBT as their go to trading platform. 📱 Dive into PrimeXBT’s trading app for access to 100+ markets with trades starting from just $5. Conduct your own research by contacting financial experts before making any investment decisions. Bank of America has analysts that believe a warmer than average start for a potential rally is predicted with $86 per barrel some time in 2024. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Investing in the Shiba Inu Crypto can be a great way to diversify your holdings. Leverage amplifies your profits. This minimized my losses and still only cost 0. Top Tip 💯: Enable two factor authentication when logged in it is not set as default. But then I started to look for additional information about them on the website and understood that it’s a full fledged trading broker where one can even trade crypto futures, lol. It’s great to hear that our straight BTC account option is perfect for Bitcoin enthusiasts. Decide whether to utilize leverage, balancing the potential for increased profits against the risk of amplified losses. Brand operating since. The copy trader receives 60% of the profit, the signal provider 20%, and PrimeXBT 20%. You can trade any ERC 20 tokens without middlemen, fees, or limits. Those looking for more profits and want to avoid taking a loss during drawdowns or being forced to sit on the sidelines, can consider a derivatives trading platform. If you ever have any questions or need further assistance, please don’t hesitate to reach out at. When I deposit I get a 20% bonus.

Scan QR code

Best regards,The PrimeXBT Team. Your email address will not be published. By taking advantage of these special deals, you can further boost your trading potential and reduce costs. Volet deposits are free, while Perfect Money charges a 1. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The platform can be a great incentive for further learning and developing trading skills. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. To set up an account with PrimeXBT, follow these simple steps. Many traders like to look at major stock indices when they come to trading as the idea of an index is that it groups some of the bigger, better, and more well performing together so that their gains are spread across, and their losses are somewhat mitigated. I tested PrimeXBT’s spreads on 13 December 2024 during the London and New York opens. Please reach out to our support team at. This is significantly lower than the industry average, making it an attractive option for active day traders and scalpers. You also have the option to insert a referral code if you were given one more on this later. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. In addition, with only seven trading pairs, PrimeXBT’s asset selection is limited compared to some alternatives in the market. This means affiliates will receive 50% of their qualified referral’s profit generated on this platform. Virtual Assets are high risk products, highly volatile, with fluctuating values. The trading platform is ctuting edge and there are a lot of advanced features available for efficient trading. You can win cash prizes randomly on selected slots, and there are also cash races and slot tournaments to join in on. How to Place Your First Margin Trade on PrimeXBT. It also provides a breakdown of individual crypto and US dollar balances. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. The two most popular cryptocurrencies are Bitcoin and Ethereum, and they comprise the majority of trader portfolios. You can follow the status of your withdrawal on the ‘Reports’ page, under Transfer History.

Where can I find additional resources and support for PrimeXBT?

Visit PrimeXBT to experience the platform’s cutting edge financial technology. Once logged in, go to the Promo Codes section in your account dashboard. You can also download specific tax reports based on your location including IRS, ATO, HMRC, and CRA reports and many more. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. Reddit and its partners use cookies and similar technologies to provide you with a better experience. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. The dashboard is user friendly, ensuring that even beginners can navigate through it with ease. 16% maker fees and 0. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. You can open an account and start trading with just your email address. As the Cryptocurrency market continues to evolve, Ethereum stands out for its versatility and potential applications across various industries. These features aim to improve the trading experience, but their real world effectiveness remains to be assessed as we explore further. Depending on your jurisdiction, some products or services might not be available.

Doesn’t currently offer lending or borrowing against your stored funds

When we reached out, both Garret and Anthony below were free, and they got back to us almost immediately. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Using the midline simple moving average of the Bollinger Bands as a trigger for long or short signals, can prove to be a steady, successful strategy for crypto traders. Taken in fast, with polite stuff so dependable. After reading many of the reviews online and testing out the platform myself, it is evident why this platform has accumulated some awards and has attracted millions of users, there isn’t much fault to be found here. In total, participants of the copying service can have 4 levels: Standard, Advanced, Premium and Elite. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. PrimeXBT does not charge a handling fee for deposits; however, third party processing fees may apply, depending on the chosen payment method. It’s great for both new and experienced traders. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies.

Day Trading: Acceptable Choice

The highest leverage futures traders can use is 1:100 but the default is set at 1:20. The first thing that you will notice about the platform is that it offers a large degree of customization. 5% handling fee minimum 4. Admin stop sleeping and wake upStop misleading us or we’ll dump your site. Generally, the thing that takes up the most time for customer support staff is KYC verifications. Best regards,The PrimeXBT Team. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. Find out how we combat fake reviews. What Makes EUR/USD the Most Traded Currency Pair. Visit PrimeXBT to experience the platform’s cutting edge financial technology. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. Well, we are not really fans of mobile trading in general. It is advised traders look at this amount as the size of each new order they take, regardless of its type. Launchpads are a fantastic way for retail traders to get early access to projects before they go public, a benefit that used to be reserved for VC firms, or those with deep pockets and friends in high places. To trade with margin, users must fund their trading account after making a deposit to begin trading. I really can’t fault with the platform for its design or useability. 80 and highest price reaching $2. Lastly, the reasons for PrimeXBT’s decision to offer such a restricted choice of trading pairs remain unclear. Day trading is a strategy in which traders open and exit positions within the same day trading session. Bybit also uses SSL encryption, supports 2FA, and has insurance in place to protect traders in the event of liquidation posed by shortfalls in futures contract settlement. If you’re facing any issues with accessing certain contests, feel free to reach out to. Virtual Assets are high risk products, highly volatile, with fluctuating values. As mentioned above, LINK’s market cap is an impressive 8 Billion U.

The Surge of FX/CFD Prop Firms: A Shift in Brokerage Strategies

One noteworthy factor contributing to this setback was the departure of co founder Jackson Palmer from the project. Brand operating since. Go to Settings > Security and enable Install from Unknown Sources if prompted. 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. Open the downloaded file and tap Install to complete the installation. PrimeXBT PTY LTD previously Stack Advisory 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. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. The company faced bankruptcy, resulting in a massive wave of short selling. Cryptocurrency exchanges make money by charging a fee on every trade that is made on their platform “trade fee”. It’s great to know that the ability to trade both digital and traditional assets from one platform and one account has met your needs effectively. Especially if you favour longer term strategies where you often hold positions open overnight. 1M+ community members. When it comes to storing your passwords, PrimeXBT state that they use the “bcrypt” algorithm. We introduce people to the world of trading currencies, both fiat and crypto, through our non drowsy educational content and tools. And 11 tradable indices. PrimeXBT integrates TradingView charts, which is a nice feature. 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. So far my experience has been amazing I’m liking it. The team conducts periodical stress tests and security audits to ensure compliance with the strictest security standards in the industry. Learn more about Baksta’s Legal Terms. Margin and leverage are not the same things despite often being confused, especially within the cryptocurrency community. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. If you bought Bitcoin 3 years ago to this day, you made $0. The platform emphasizes innovation, client empowerment, transparency, and a client focused approach, ensuring that traders have access to the best tools and resources to succeed in the financial markets. While the exchange opens up great opportunities for profit, using excessive leverage combined with an unregulated platform can lead to large losses, so trade responsibly. As a result, clients can trade cryptos, traditional CFDs, as well as accessing the firm’s copy trading service and trading contests from one slick interface. 07:00 am to 16:00 pm UTC.

New Member

Some features and services may vary depending on where you reside. Returns or profits may be subject to capital gains tax. Note that in the terms and conditions, it is clearly stated that the company does reserve the right at any time to conduct a verification of a client’s identity or source of funds. Gotta give credit where it is due, the Bybit team seriously stepped it up. Registered Office: Unit 3 Mitcham Industrial Estate, 85 Streatham Road, Mitcham, United Kingdom, CR4 2AP. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. The thing that makes RWS unique is the fact that the Crypto signal provider is open and transparent with the performance of their signals. Upload your document make sure you upload both sides of the document where applicable, and that they are clear and fully visible. However, users might encounter payment issues from time to time. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature. The financial and market information provided on U. You can build out your own workspaces that you can access at the top of the platform. Users can trade long or short, with margin. Switching back and forth between long and short positions across higher time frames is called swing trading, while shorter time frames typically is called day trading. Our human support team is here to help 24/7, in your language. As with any market order, Slippage may occur during times of high volatility, when liquidity in order books is insufficient to execute trades at the trigger price Bid/Ask, resulting in a price gap. PrimeXBT Trading Services, S. Read more Ethereum Price Predictions. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. In this case, if your SL/Stop Buy order was executed, this means that the ASK price of the asset has reached the price specified in your order. PrimeXBT uses TradingView charts, providing users with advanced and interactive charting tools for technical analysis across various markets. This table provides a quick reference to the key aspects of PrimeXBT’s restricted countries and regulatory compliance, their descriptions, and their importance. Traders will find weekly updates on the price of Ethereum, along with other cryptos with the highest trading volume. Furthermore, traders should be aware that neglecting risk management practices like stop loss orders can worsen the situation. If the app is unavailable in your region, you can still access it through direct download from our site. These services are governed by the legal terms and conditions of PXBT. Check out the fees section to confirm the exact fees on the day.

Worse

On the downside, PrimeXBT lacks some essential services and features, such as swap free accounts and automated trading via Expert Advisors EAs. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. This can be especially painful when trading on margin, as every price movement gets amplified by the leverage. Ripple XRP, a cryptocurrency designed for fast and efficient cross border transactions, has been the subject of much speculation regarding its future price. It also integrates seamlessly with TradingView for enhanced charting. This platform is universal, as it provides an opportunity to work with assets of different markets. PrimeXBT provides the investor with a host of features that are bound to aid investors in making most of their trade in the SandP 500. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Over the years, PrimeXBT has expanded its offerings to include traditional financial instruments like forex, commodities, and stock indices, further broadening its appeal. It contains detailed information about your Trading account, including trades, fees, financing, and transfers that affect account’s Balance. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. PrimeXBT charges competitive fees with a maker fee at 0. This enables traders to hedge positions, diversify their portfolios, and take advantage of market fluctuations using leverage. Its popularity and market dominance make it the leading digital asset. FSCA Regulated SAFCA Regulated UKASIC Regulated AUSCySec Regulated Cyprus. The approval of spot Bitcoin ETFs by the SEC in early 2024 has set the stage for a significant inflow of institutional capital into the Cryptocurrency markets. It offers services in over 160 countries across continents such as North America, Europe, Asia, Australia, and Africa. Crafting a clear and comprehensive trading plan is crucial for maximising your success and minimising risks. We offer a range of trading bonuses, as well as discounts on fees, on both CFD Trading and Crypto Futures trading accounts. For additional inquiries, you can contact their team at. 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. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted.