Who Is PrimeXBT

Get dialed in every Tuesday and Friday with quick updates on the world of crypto. PrimeXBT supports deposits in cryptocurrencies such as Bitcoin BTC, Ethereum ETH, Tether USDT, and other popular cryptocurrencies. It lets new traders follow the moves of experienced investors. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. Depending on the need, more than one type of cryptocurrency wallet might be necessary. The chart below shows the financing per day on both long and short positions. Best regards,The PrimeXBT Team. Join our official communities. PrimeXBT implements a high level of security measures, and as of writing these lines, it has never been hacked. Moving funds from your trading account back to your wallet will also remove any unused bonus. Moreover, it is readily available on some leading exchange platforms including PrimeXBT. 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.

What is PrimeXBT?

In addition, the website states that the exchange does not attract customers from the UK and EU, however, does not prevent residents of these regions from registering. In the final section, we will address some frequently asked questions about PrimeXBT to provide further clarity. Knowledge to use all the available tools. This data is collected but is not associated with your identity and includes. Yet, where does copy trading fit in this complex equation. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Claim $100 by depositing a minimum of $500 within your first 48 hours. Prime XBT Trading Services, S. 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. PrimeXBT delivered a seamless trading experience. Also in July 2008 E gold’s three directors accepted a bargain with the prosecutors and pleaded guilty to one count of “conspiracy to engage in money laundering” and one count of the “operation of an unlicensed money transmitting business”. 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. The most popular tools used for Cryptocurrency trading include. Calculation formula: Funding rate % Asset price Amount position size. Yes, users can try PrimeXBT with a demo account. This essentially ensures that SEC can not appeal the initial July 13th decision made by U. While it may not be perfect for everyone, its unique offerings like copy PrimeXBT cryptocurrency trading and high leverage can be game changers for many traders. Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. Leveraged tokens provide traders with access to leverage, but without the liquidation or margin risks, which is a game changer. The trading platform is ctuting edge and there are a lot of advanced features available for efficient trading. At the time of this writing, the supported coins include Bitcoin BTC, Ethereum ETH, EOS EOS, Litecoin LTC, Ripple XRP. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. 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. Vincent and The Grenadines, and moved its domain and trading infrastructure to Switzerland. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. The PrimeXBT crypto exchange does not have investment programs. Thus, copying trades in PrimeXBT gives customers the opportunity not only to earn on cryptocurrencies without spending time on trading, but also to get additional benefits from it. I have never had any problem with KYC and have gone through the process successfully multiple times.

Available Payment Methods

Try their Twitter or Telegram where the latter can be reached from the Telegram Bot. It is worth noting that Perfect Money charges the 1. Below are the steps to follow when trading Litecoin. It is important to know that a swap is not charged during the weekends. To engage in leveraged trading options, traders must fund their margin trading accounts in specific currencies like BTC, ETH, USDT, and USDC and maintain enough free margin to cover potential negative price fluctuations. For those that want to stay exposed this way but remove much of the effort and planning involved, then copy trading is the answer. Chaikin Money Flow CMF is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Best regards,The PrimeXBT Team. COV staking on PrimeXBT offers benefits for users who participate in the Covesting modules: followers of copy trading strategies, strategy managers, and users of the PrimeXBT Yield accounts. 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. Overall, you need the app for fast trading on the go to instantly access and manage your current trades. This scalability makes POL ex MATIC an appealing long term asset, especially with rising interest in decentralized applications dApps and DeFi projects​. Make your Crypto work for you by using it to trade 100+ markets on our platform. No, it’s not accessible in the US or certain other countries. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. No, PrimeXBT does not accept users from the United States due to regulatory restrictions. During testing, I received fast responses with a reasonable level of detail.

FAQs About PrimeXBT Deposit Methods

Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. Choose PrimeXBT for a versatile and user friendly payment experience. We also noticed that the company constantly replies to user feedback on multiple platforms, and does a good job to listen to customers and provide solutions or suggestions to fix their issues. In 2026, the bullish advancement should continue. Leverage is 1:100 for cryptocurrencies and up to 1:1000 for fiat currencies. With high leverage options, it can be an ideal choice for those interested in crypto assets, commodities, and forex source. Explore and unlock new potentials as you navigate through a wide range of offerings meticulously curated to elevate your trading experience. Note ✍️: The financing fees are dynamic. Specializing in CFD trading, PrimeXBT enables traders to speculate on asset price movements without owning any of the underlying assets. Injective Protocol INJ. 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. XLM future forecasts show that the cryptocurrency could trade between $1. Total market capitalization is currently at around $2. Placing trades on PrimeXBT is simple, with an easy to use order form. $20,000 or equivalent for unverified users. Overall, I rank PrimeXBT in the middle of the pack. When it comes to your personal data, PrimeXBT takes a hard stance of respecting users’ privacy while trading meaning there’s no mandatory KYC. Learn more about Baksta’s Legal Terms. But trading here has so many perks. The graduation of Shiba from the initial ‘Woof paper’ into a feasible utility token reserved it a place among other essential digital assets. PrimeXBT also implements. Anyone can write a Trustpilot review.

How to get listed on PrimeXBT?

In it, you can track the most important news in the world of finance, which may affect the quotations of market assets, including cryptocurrencies. With that said, please be aware that cryptocurrencies are already extremely volatile, and we can’t in good conscience recommend trading cryptocurrencies with margin/leverage. Many praise the trading technology that makes trading smooth and efficient. But this means there is a lot of room for it to go up. We’re glad you appreciate the diverse range of assets available on PrimeXBT. The financing rates for opening long and short positions are low. The most popular pairs on PrimeXBT as of September 2019 include BTC/USD, ETH/USD, EOS/USD, LTC/USD, XRP/USD, ETH/BTC, and LTC/BTC. ” In the ensuing “New Order” dialog, select “Sell. PrimeXBT offers a wide range of assets like Bitcoin, Ethereum, forex, and commodities. And, we all know that even a small amount of Bitcoin can also become huge in the coming time.

Verified Trust Ratings

Returns or profits may be subject to capital gains tax. The strike price determines the profitability of an option. Join 1M+ traders who choose PrimeXBT as their go to trading platform. We’re glad you find the flexibility of using various payment systems convenient. Any investment or trade carries a risk of capital loss. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Bitcoin is the only accepted method for both deposits and withdrawals. Additionally, users can deposit and withdraw US dollars. Margin trading isn’t only available for the more traditional asset classes, but for cryptocurrencies as well. You will see a message stating that you agree to the processing of your personal data in accordance with the regulations of the exchange. Get access to a wide range of trading, investing, and Crypto services from a single app. PrimeXBT has a refreshing approach to fees in terms of simplicity, keeping things easy. By using these orders, you can determine your cost basis. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. Com, Kraken, or Binance. Also, there are no fees for depositing cryptocurrencies. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Select the currency you want to deposit. This ensures that users can trade anytime, anywhere.

How do I activate a bonus on PrimeXBT?

This feedback is never shared publicly, we’ll use it to show better contributions to everyone. You can select between Volet and Perfect Money, but you will need to select your currency and country in order to view all available withdrawal methods. Unlimited via Perfect Money. Here are the similarities and differences in the functionality of these terminals. Step by step registration process for traders from the United KIngdom. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. It serves clients in over 150 countries and has over 100 trading assets available. You can track your active Contests and see data for past Contests on the ‘My Contests’ page. With KYC verification you will have unlimited withdrawal limit + you will be able to withdraw funds via bank cards / Perfect Money / Volet + you will have unlimited limit on deposit in fiat currencies. Primexbt crypto platform is 10/10. During testing, I received fast responses with a reasonable level of detail. If you are still unsure about short selling after reading this guide, you can consult with an expert on crypto trading. 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. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. Upto 100x Leverage KYC Exchange Store funds in cold wallet. Gracias por resaltar la rentabilidad de PrimeXBT y por recomendar a otros que consulten nuestras tarifas competitivas y condiciones comerciales.

We’re open to all

The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. This type of trading that PrimeXBT offers allows you to take advantage of price movement without taking actual custody of the Crypto itself. Here is a look at the margin requirements for some of the 51 forex pairs available. The PrimeXBT Euro 2024 giveaway has concluded, and one lucky trader has scored big. But, the transparency of this process raises questions. Example: You have opened a long position on CFD on BTC. Everything is well laid out, not cluttered, and easy to find with intuitive drop down menus. Vincent and The GrenadinesCompany Jurisdiction / Registration: SeychellesCEO / Owners: Unknown. Its mechanism for fair price marking makes market manipulations impossible. XRP reacted positively in a rapid upswing, gaining a double value from $0. In particular, decentralized exchanges may be more secure than centralized exchanges due to their non custodial nature. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. Deposit $300+ and start trading within 48 hours after registering. This site contains affiliate links to products/services. Divulging how many coins you own can make you a target of hackers and identity thieves.

Want to use this as your default charts setting?

Security is a top priority for PrimeXBT, with multiple layers of protection in place to safeguard user funds and data. Whether you are trading crypto, gold, forex, or stocks, securing profits is most important. With easy navigation between accounts and sections, managing your trades is as straightforward as rearranging your closet. Explicit financial advice is also not allowed. 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. Continuing our mission to offer the best possible trading experience to our clients, we are very happy to announce that. 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. Click ‘Join’ to enter the Contest. Ethereum has many positive attributes. En beleg nooit meer dan u zich kunt veroorloven te verliezen. Ya, PrimeXBT dikenali kerana kecemerlangannya dalam dunia perdagangan kripto, menawarkan yuran rendah, leverage tinggi, ciri ciri lanjutan, perdagangan salinan, sumber pendidikan yang kukuh, dan peluang perdagangan yang menarik. It offers up to 100x leverage for crypto and 1000x for Forex, making it great for different trading styles. Now, let’s consider a contrasting scenario where a trader, fueled by FOMO fear of missing out, rushes into trade positions without proper planning or use of any technical analysis. In terms of other security protocols that they have in place, they also make use of Cloudflare’s technology in order to mitigate the risks that are posed by Distributed Denial of Service Attacks DDoS. Paybis: Bitcoin Wallet, Crypto. It’s considered a secure and trustworthy platform and has never been hacked.

Worse

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. You can also sort markets by name and 24 hour change. Doing so dramatically mitigates the risks of a single point of failure. One of the most appealing aspects of PrimeXBT is its low fee structure. Date of experience: July 25, 2024. The good news is that it is quite easy to avoid a margin call, with just a bit of caution and common sense. Average commission compared to competitors. 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. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Have you tried the latest version of our app. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Setting up your PrimeXBT account involves registering, completing the verification process, and depositing funds. You can update your choices at any time in your settings. I also like that although the charting interface looks and functions the same, traders need to switch between margin, spot, and derivatives trading, which in my opinion, keeps things more organized and less cluttered, helping to ensure traders don’t accidentally trade the wrong market. These include all of the momentum indicators as well as relative strength and volume based studies. And although the site has quite clear functionality, without knowledge of English you will probably need a little help from an online translator. 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. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. To gain access one month subscription costs $297, the three months cost $397, the seven months $597 and the unlimited subscription is a reasonable $997. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. People online say that it’s a crypto futures platform or somethign like this, but it’s surprising they offer access to ordinry CFDs with spreads from 0.