PrimeXBT Reviews

They also do not offer any downloadable PC client program to trade on, the platform is browser based only. This is also one of our main review criteria when it comes to grading an exchange. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. I made some profit and withdrawed it. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The mobile app was recently updated to make withdrawals easier, and an exchange tool was added that allows users to swap one type of cryptocurrency for another. GBP/USD has a sell price of 1. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. We may receive a commission for purchases made through these links. Deposit activation can be up to 72 hours. To view or add a comment, sign in. Copy the best performing traders and get same returns. Disclaimer: These are the writer’s opinions and should not be considered investment advice. Registration takes less than 60 seconds. It’s a playground for data driven enthusiasts who thrive on algorithmic guidance and the competitive spirit. 01 BTC Equity, with more Available Margin left and less risk of position liquidation should the market move unfavorably. It is a simple thing, but customizable dashboards are highly sought after. Entirely appropriate in a culture which is increasingly detached from reality. Additionally PrimeXBT supports Direct Crypto deposits over the TRON network for TRC 20 tokens. At its core, PrimeXBT stands as a comprehensive trading hub, particularly noted for facilitating the trading of popular cryptocurrencies against the US dollar, including key Bitcoin BTC pairs. But if youre asking if you can use leverage on every crypto there is on the platform of primexbt, yes, you can do that. You may choose from a variety of crosshair settings. It also gives them the ability to reach out to customer support right there in Telegram. The platform has started working on February the 4th, and has already amassed a great user base. This would allow developers to code their own bots and trading algorithms to trade on the PrimeXBT platform. I have explained how this company offers isolated and cross margin futures contracts, its highly accomplished and customizable dashboard, and even the PrimeXBT copy trading module. 001 BTC trade — the minimum deposit to get started on PrimeXBT — at 100x leverage, would become a position valued at 0. Registration takes less than a minute and just a few clicks and the platform offers low minimum deposits, so anyone interested can get started with little capital. You can, for example, open a 0. Native token of Cardano the biggest blockchain to have successfully adapted the proof of stake consensus mechanism ADA token plays a core role in its functionality.

The Blog Single

A comprehensive list of competitors and best alternatives to PrimeXBT. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. Those who believe in the network understand that eventually, Ethereum going up is the result once confidence has returned. Once the transfer has been completed, the transferred amount of ETH will be added to the Strategy Equity in the ‘Strategy Stats’ section. The broker essentially runs risk free trading tournaments using a virtual bankroll, with cash prizes up for grabs. It’s reliable, with fast execution speeds, making trades 100% efficient. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. CFD stands for contract for difference. The iOS app is just one of many PrimeXBT offers. The current Spread for a particular order size can be checked at any time using the ‘Dashboard’ widget. Tyler and Cameron Winkelvoss, founders behind the crypto exchange Gemini and co creators of Facebook, have predicted a “Crypto Winter” for the near term. Copy trading is a great tool for a lot of users with any level of experience. As an individual who’s just started in crypto trading, Prime XBT offers a hassle free procedure to open an account. These widgets can contain a chart, order form, trades, messages etc. Select the payment method. Rewards are special bonuses that you can obtain by completing various tasks and reaching goals when trading on your PrimeXBT account, which provide you with additional benefits. Let’s quickly cover a high level overview of the products on PrimeXBT. They have great support in the form of video tutorials and once you get over the gloss and colour of the graphics on the trading pages there is a lot of good information to be had.

PrimeXBT FAQs

An on chain analysis is done using data collected from blockchains. Gold is an established and mature market for investable assets. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Com team, its partners or collaborators are of a general market commentary and in no way constitute or should be understood as investment advice or recommendation. As mentioned, you can also trade forex, commodities, and stock indices. Leverage reflects the ratio of personal funds Saque em dinheiro/fiat da PrimeXBT required to open and maintain a position in comparison to the size of that position. 📍 The PrimeXBT trading fee is between 0. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement.

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Learn more about Baksta’s Legal Terms. Something that we found particularly impressive about the app is that you can customise your layout to suit your trading preferences. It allows different blockchains to communicate and work together seamlessly by using a unique sharding and parachain architecture, enabling a new era of cross chain applications and services. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. There are also exclusive promotion periods and additional rewards for some of the top traders. All in all, PrimeXBT appears to be a very well rounded trading platform. Io is a great exchange, don’t get me wrong. According to data from online intelligence tracker Santiment, Bitcoin Whales has engaged in the highest activity level in almost two years. Upon registering, users automatically receive a BTC margin account. Prime XBT Promo Code 50% : TOPTRADING. To fund a Margin Account. Carefully selected industry experts contribute their real life experience and expertise to BitDegree’s content. This bonus is subject to the ‘fixed tradable bonus’ rules and conditions. Opening a position increases the participant’s Turnover indicator by the position’s amount, and increases the Number of trades indicator by 1. If you have any further questions or suggestions, please don’t hesitate to reach out to our support team. You might also like: PrimeXBT Demo Account. The financial and market information provided on U. Best Forex Trading StrategiesLow Spread Forex BrokersBest Currencies to tradeWhy Forex Traders lose money. 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. Via the Main page, users can view. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. 01 BTC as Trading account’s Equity and you wish to trade BTC/USD. These contests allow users to test their skills, strategies, and knowledge in a competitive environment while having the potential to win real prizes.

Conclusion

They will also do asset purchases, such as buying local bonds to influence the interest rate that sovereign debts can offer. The more learning opportunities there are the better. Precious metals, including gold, can be traded 23 hours a day, weekdays 22:00 – 21:00. Losing access to your email may result in you being unable to access your PrimeXBT account. They only have two types of fees, and these are the trade fee and the overnight fee. Bitcoin is used as basic currency. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT: Here, simplicity reigns supreme. 12 milliseconds on average. Here’s a look at the pros and cons of using this feature. Its nice to see us above 7500 again but a gap was formed on the CME chart between 7200 7400. 0% for Forex, Indices and Commodities. Given the ever increasing news of cryptocurrency exchange hacks, one of the most important considerations for the trader is security. You can get this for iOS and Android devices, and it offers you an equally convenient way to enjoy margin trading and use all of the technical indicators effectively. It also can sometimes be based upon the asset being traded as well, as the amount of margin will influence this. 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. 24/7 liquidity sounds really interesting. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Your order will remain inactive and stay in the order book until the price gets to it. Leverage reflects the ratio of personal funds required to open and maintain a position in comparison to the size of that position. My few questions were always promptly answered by customer service. Vincent and the Grenadines, and a recent move and consideration of becoming headquartered in Switzerland, PrimeXBT IS NOT currently regulated or licensed. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Security wise, MEXC has comprehensive measures in place to protect users’ funds and data, while also offering non KYC accounts to those who prioritize anonymity. Copy trading has become increasingly popular in the traditional trading and crypto space, and for good reason. The fact that you can deposit funds through a single BTC transaction and that you can position trades right after without KYC requirements may not be to the liking of some, but it surely saves time and patience for many traders who want to experience a simple service and are focused solely on making a profit. Perfect Money Account ID used to make a deposit will be preselected automatically.

Line Charts

If you use this specific link you will get a very valuable FREE bonus if you meet the deposit requirements. This can have a cascading effect, as traders often try to make quick trades to cover for a loss, resulting in even further losses, so caution is advised. Receive the latest news and stay informed. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. Direct Crypto Deposits via MetaMask wallet are not available in the Android or iOS applications. In fact, most professional traders will cut back the size of their trading positions when markets are swinging around wildly, making sure to take care of their risks far ahead of worrying about their profits. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Understanding the leverage amount you request and its associated risks is important because leverage can amplify both profits and losses in trading. Next to this, you will find options regarding crosshairs. Below is a step by step guide on how to enter a position with leverage on PrimeXBT. PrimeXBT is a cryptocurrency, forex, indices, and commodities broker providing leveraged trading to UK clients. All users will benefit from being able to trade different kinds of assets including cryptos and major stock indices. 1 BTC position instead. From intuitive interfaces to advanced trading options, PrimeXBT consistently pushes the boundaries of what’s possible in the crypto trading world. This post is also available in Spanish: primexbt bono. See our short whitelisting tutorial. It allows users to choose who they copy from in a very specific and precise way. The cons of PrimeXBT include a lack of regulatory oversight, as it operates without a formal regulatory framework. Dear LuisThanks for your high score, PrimeXBT appreciates your opinion and feedback. Needless to say, if it is still around then, one would have to assume it has been successful. Quick Verdict: PrimeXBT is an innovative and easy to use margin trading platform that provides traders with advanced tools, high leverage, aggregated liquidity, and unique social trading features across a variety of asset classes. As far as fees are concerned, PrimeXBT is extremely transparent and guarantees some of the lowest fees out there. Io is a great exchange, don’t get me wrong.

ADA/USD

Ever feel lost trying to figure out the ups and downs of the market. You’ll have simple ways to focus on the crypto trading options among the forex and commodities markets. Regulators aim to establish new guidelines regarding businesses providing crypto custody or. The platform was founded in 2018, and from the very beginning, it managed to grow exponentially. If you have any further questions or require assistance, please don’t hesitate to reach out to us. In this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT, you will learn EXACTLY how to trade Bitcoin, Altcoins, and numerous Crypto derivatives on the PrimeXBT platform. The platform was founded in 2018, and from the very beginning, it managed to grow exponentially. However, day traders also rely on the same sort of signals, chart patterns, technical analysis indicators and more as other types of traders, they just apply these tools to short timeframes as well. Both of these support channels are open for messages 24/7. Step 4: Now click the ‘Register’ option. PrimeXBT has its own blog where it publishes reviews regarding the different topics in online trading, including price predictions of cryptocurrencies such as Dogecoin. Finally, PrimeXBT also runs a pretty unique medium blog. PrimeXBT account holders can generate reports to view trading and transfer activity via the Reports page. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. In contrast, PrimeXBT operates with a Bitcoin based margin trading platform where you can trade various assets. However, there have been concerns about factors that could potentially impact the success of Stellar. At its core, PrimeXBT aims to provide traders with top tier liquidity, a comprehensive suite of trading tools, and a deep commitment to security, ensuring a safe and efficient trading environment for all. It was launched in 2012 and is headquartered in San Francisco, USA. See our short whitelisting tutorial. A common question is: can I lose more than I deposit into the exchange and then be in debt to PrimeXBT. Next step making a deposit. CoinSwitch Kuber provides end to end solutions designed for Web App. PrimeXBT has not provided an explicit reason for this, but it can be deduced from their stance on financial safety that it was implemented as a type of implicit risk management protocol. StormGain allows you to use leverage of up to 1:300 on specific crypto trading pairs, which is on the higher end for cryptocurrency markets. Coin Bureau readers who sign up to PrimeXBT can receive a 35% bonus if they sign up with our sign up link. 1️⃣ Select the payment currency and the amount you want to use to complete the order. PrimeXBT acts as an STP broker to ensure fast order execution and excellent liquidity for traders.

⭐ Strategy Achievements Stars:

Every contract represents 1 USD of value. Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. 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. Those are just a few examples of how your workspace could look like. Traders can enjoy trading via margin with zero commissions. Scalping also allows traders to analyse their profits and losses on a short term basis. All reviews, either positive or negative, are accepted as long as they’re honest. Additionally, you can select the desired amount of gas fees you wish to pay for the transaction by clicking on the blue ‘Edit’ button next to the transaction details. For which purpose or what kind of people is the crypto exchange most useful. PrimeXBT allows direct Fiat deposits to Global Markets currency trading account by automatically funding the trading account when a deposit is made to the wallet.

Margin Trading Pros and Cons

Cryptohopper copy trading pros. Just be prepared to treat the challenge period like the job interview that it is. This allows for greater profits, but can also lead to greater losses if the trader does not know what they are doing. Also, we highly recommend enabling 2FA 2 factor authentication and login notifications. PrimeXBT is a pro privacy platform, which means that there are no mandatory KYC know your customer checks before you can start trading. All account deletion/cancellation requests are processed by the PrimeXBT support team via live chat or by email at. The platform could enhance its educational resources and expand its geographic availability. From there, Day Trading is a lot about practice. Upon joining a contest, you will be provided with a free pre funded contest account. The customizable workspace uses a modular widget based layout. You can however use third party services that will allow you to convert Crypto to other currencies, including Fiat, which may then be transferred to your bank. That same year Ethereum also experienced a DoS attack. Allocating resources across various asset classes can mitigate the potential impact of market fluctuations and decrease the overall volatility of portfolios. Platforms like PrimeXBT enable effortlessly mirroring strategies implemented by proven, profitable traders. If you have any other additional promo codes which provide you with more favourable conditions such as a larger bonus you can activate such promo codes to overwrite the initial Welcome Bonus. Under the second tab “Trade” you will find the trading interface.

Table of Contents

Our team is committed to understanding your specific case and exploring any possible solutions or explanations. Users are required to verify their accounts to deposit and withdraw Fiat currency. In addition, PrimeXBT fees are different for both market and limit orders. The margin for trading has a much smaller amount of interest attached to it than something like a credit card, but it is still something that you need to pay attention to if you are hanging on to a position for longer term moves. There is a slight difference in fees to start: the minimum fee tier at Gemini starts at 0. PrimeXBT has one of the best crypto sign up programs for new clients and those who refer them. A Trading day is a 24 hour period which begins at 00:00 UTC and ends at 23:59:59 UTC. In the special sub menu you can adjust the price of your Stop Loss or Take Profit protection orders. There are two ways for partners to earn, based on a CPA cost per acquisition or a revenue sharing model. However, users can also open ETH, USDT, USDC, COV, and USD margin accounts. ➡️ Crypto withdrawals:For BTC the withdrawal fee is 0. Users have access to a variety of chart types, timeframes, and drawing tools, allowing for a customised approach to market research. Tradable assets aside, here are the products and features PrimeXBT brings to the table. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. 01 BTC deposit required, strategy managers must also come up with a catchy and appealing strategy name, a description for their trading strategy, and of course, skills to actually rise the ranks of the global Covesting leaderboard. Essentially, there are two major areas we need to examine. Simply navigate to the BTC/USD pair and click “Trade. Contests – test your skills and compete with other participants to win prizes by trading Crypto, Indices, Commodities and FX with up to x1000 leverage with virtual funds creating a risk free environment. For me as for a woman the environment seemed to be very intricate, tangling nonetheless, due to the reaction of the customer support who helped me to understand how to start trading here I am here. Upon joining a contest, you will be provided with a free pre funded contest account. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Date of experience: April 16, 2020. If this does not exactly meet your taste, there are several others that could be of interest. Transfers between Wallet and Trading account are instant and free. The expansion of the DeFi industry offers Cardano the chance to use its technology and take a piece of this developing market. These products are not suitable for all investors. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. March was yet another strong month for Cryptocurrencies, especially Bitcoin, meme coins like Dogecoin and Shibu Inu, and altcoins from. Aside from being able to trade multiple asset classes on a high performance trading engine and interface, being able to compete in trading contests without risking your own capital is an awesome feature which I am sure will only increase the popularity of the platform.

Disclaimer

Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Invited users must successfully register an account using your personal referral link;. The 2022 2023 Crypto winter intensified the pressure on XRP and Ripple continued loosing value as the uncertainty of the trial finale increased. From one moment to the other I wasn’t safe anymore. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. BNB Smart Chain network BSC for BEP 20 tokens. Regulated by the authorities in Cyprus. Each pair has its own peculiarities. PrimeXBT has a strong support team with 24/7 live chat for an instant response. It is clear that building your robust and solid trading strategy is difficult, and takes some time to get perfected, and then one has to still be able to stick to it. However, if we predicted the market’s movement correctly, XRP leverage trading can produce results that wouldn’t be achievable if we simply went with a non leveraged trade. Here is a look at the margin requirements for some of the 51 forex pairs available. An additional benefit is the ability to trade a trend in both direction, benefit both during emerging trends and when they potentially reverse.

Equal

The currencies supported by PrimeXBT can be briefly listed as follows. Please be advised that trading history of all copy trading Strategies on PrimeXBT will become visible to the public on September 14th, 2022. With a brokerage, however, there is no “other person” you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. The development goals ended up being on track, and by 2019, everything was in order. It is always our aim to serve the best interests of our clients and continue providing the best in class digital asset trading experience in the industry. In terms of reliability, StormGain maintains a user friendly interface with minimal downtime, which is critical for continuous trading. Something that most traders are no doubt aware of is the risks of “order slippage”. Hoskinson’s focus on programming and research to ensure the blockchain is viable for any application has paid off in spades by receiving such an esteemed rating. These are definitely lower than Bitcoin and Ethereum, but they are still considerably high. I give it 3 stars because, I cannot hedge my BTC in USD value while taking positions on indices, so my balance / margin balance suffers due to BTC volatility. That said, many users believe that KuCoin is one of the simpler exchanges on the current market. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. PrimeXBT was founded and registered in Seychelles in 2018 under the holding company name PrimeXBT trading services 148707. We will highlight the significance of community support and how engaging with other copy traders can enhance your trading journey. Mirror trading is a strategy that allows investors to automatically copy the trades of experienced financial market participants into their own accounts. Currently, PrimeXBT charges a very low flat fee of about 0. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Here is a step by step guide on how to buy cryptocurrency without KYC. Ethereum network ERC 20. Navigate to the ‘My Strategies’ page to find a list of all of your active Strategies. 24/7 live customer support chat is also always available, along with a personalized experience from a dedicated account manager. We have watched Bybit go from a small insignificant exchange to one of the largest, most trusted and reputal exchanges in the space, one that we are fans of nowadays.

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A pending withdrawal can be cancelled at any time before 12:00 UTC. They’re used to trace website activity and growth within the project. Additionally, PrimeXBT supports a multitude of technical indicators, equipping traders with valuable insights to inform their trading decisions and enhance their strategies. Ethereum decreased by almost 8% to trade at around $3,300. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The digital asset management platform keeps adding new features catering to investors and developers alike. 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. This is a great way to receive greater exposure to the market, grow your community and scale your profit opportunities. Every promotional code displayed on this table has been hand verified by multiple members of our community. For example, you are unable to execute an x50 BTC futures contract using cross margin. Charts: TradingView powers Charts on PrimeXBT. Each separate currency can be used only in Margin trading accounts, Strategies and Followings denominated in the SAME currency. To open a margin account. Prime Technology Ltd is PrimeXBT’s Technology Provider. PrimeXBT allows its users to engage in trading some of the major indices such as NASDAQ 100, the SandP 500, NIKKEI 225, ASX 200, and others alike. If you have any further questions or require assistance, please don’t hesitate to reach out to us. For ETH, USDT, USDC and COV withdrawals the fees vary depending on the network used. Each instrument trades differently, and if a trader is experienced with Bitcoin trading, why not leverage the experience from someone who is an experienced forex trader. 6️⃣ Click the blue ‘Deposit’ button to continue. Thank you for choosing PrimeXBT. Check the analysis report on Top rated Crypto Wallets that are safest for your funds. However, on weekly timeframes, the TD Sequential indicator perfectly called the short at the top of the crypto bubble in 2018, it would have been one of the most profitable shorts ever for those who took it. 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. Established in 2018 and registered in St Vincent and the Grenadines, the brand has more than a million clients in 152 countries. Part of the reason why we ask questions like, ‘Is ByBit legit.

Web3 Starter

Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. 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. Satrix40 STX40Alt X IndexWall Street Index DJIAFTSE 100 Index UKDAX Index GermanyNikkei Index Japan. These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth and popularity of the project. OpenPeer is a decentralized peer to peer exchange built on EVM networks like Ethereum, Binance Smart Chain, and Polygon. Charts are powered by TradingView, giving users the full suite of technical indicators and drawing capabilities to carry out comprehensive technical drawings. Scam Forex BrokersUnregulated Forex BrokersNo KYC Forex BrokersBrokers with Minimum $1 DepositBrokers with Minimum $5 DepositBrokers with Minimum $10 Deposit. However, DOGE coin has been far luckier in its rise to success. The margin options are also excellent, providing flexibility. These are supported on both iOS and Android devices. According to the DoB, cryptocurrency is not money, so operating a crypto exchange does not by. The security measures implemented by PrimexBT to protect user funds are commendable. Date of experience: 05 September 2019. Use the Binance referral code 49316610 and receive up to $600 in rewards and bonuses. Comments:Make good use of your time at home. PrimeXBT is a well established CFD exchange that has become a popular platform for all types of traders as it gives clients the ability to trade a number of assets including crypto, stocks, forex, commodities, indices and more as contracts for difference.