PrimeXBT Team

Once you have funds available in the trading account, you can click on “Trade” from the top navigation bar. Each type provides different benefits, such as reduced trading fees, increased trading capital, or access to exclusive promotions. Continuing our mission to offer the best possible trading experience to our clients, we are very happy to announce that. These services are governed by the legal terms and conditions of PXBT. PrimeXBT offers competitive trading fees, charging a low 0. 01%, long and short, and is calculated every 8 hours. Trade like a pro, even when you’re on the go, with access to a powerful yet easy to use trading platform in the palm of your hand. This product is an excellent passive income and can work great even for newbie traders yet to master leverage trading and covesting but still want to make some money with their crypto. The responses were fairly detailed but lacked accuracy in addressing all queries. The margin account, however, makes $49,900 profit with only $100 and enough money to cover margin maintenance requirements. My experience with PrimeXBT’s customer support was mixed. Gavin Wood, who also co founded Ethereum, founded Polkadot, a platform that enables cross chain communication and streamlines the transfer of assets and data between several blockchain networks. Correlation Trading 🤓️: Given that you can trade crypto as well as these more traditional assets, it means that you can also structure more bespoke and exotic trades and search for correlations between the likes of the Dow Jones vs Bitcoin and compare it to Gold’s performance and more. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. 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. This marks a notable achievement as WEMIX’s inaugural venture into the European market, emphasizing the token’s role in facilitating a range of blockchain based activities, from gaming transactions to decentralized finance DeFi applications. 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 withdrawal fee on PrimeXBT varies based on crypto assets. 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. This new trading instrument is not constrained by the same regulations as a spot trading exchange, which allows traders to only purchase or sell assets that they already hold. PrimeXBT has several addresses where you can write to for various issues: legal settlement, partnership, technical support. You should know that at PrimeXBT, the costs involved in shorting one of our assets are minimal, and therefore much more manageable. Hello Vicente,Thank you for sharing your crypto futures experience at PrimeXBT. The registration procedure is quite simple, it takes just a few minutes. The design of PrimeXBT’s platform is sleek and minimalistic. While optional KYC is beneficial for users who prefer not www primexbt com to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. Yes, PrimeXBT’s referral program is open to all traders in countries where they can provide financial services and solutions like forex and CFD trading.

◾️Do I need to provide documents to start trading?

Bitcoin was created by Satoshi Nakamoto, whose identity is still not known to this day. 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. We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. It’s very easy to get onboard on the PrimeXBT platform and registration takes less than 1 minute, which is what we like to see with all our top exchanges. Litecoin is available alongside other cryptocurrencies, stock indices, gold, silver, oil, gas, and much more. We also offer the option to deposit money, or buy Crypto outright. This intuitive trading platform caters to the needs of both beginners and experienced traders. I tested both versions and found that they offered a smooth trading experience without any significant compromises. PrimeXBT is available worldwide and supports many languages.

Calculating required margin

See our short whitelisting tutorial. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. In fact they are so effective they are leveraged by both professional traders and institutions like banks. For the latest information on the kinds of withdrawal fees charged, please check out their Fees page. Unlike most exchanges today, KYC verification is optional on PrimeXBT. From beginners with a standard account to seasoned professionals with platinum accounts, each tier is designed to provide specific benefits that enhance the trading experience. Prime Technology Ltd is PrimeXBT’s Technology Provider. One of the most important aspects of trading is finding the right platform to trade on. However, PrimeXBT has an edge if the user seeks to trade other instruments such as FX, commodities, and global market indices. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Benefit from low Maker/Taker fees and flexible funding rates. Gold is an established and mature market for investable assets. PrimeXBT stands out with its no minimum deposit policy, perfect for newbies and small scale traders.

KYC Conceptualised: Unraveling the Term

Trading involves risk. Range of Cryptocurrencies Supported. Crypto futures definitely offer some great advantages, and we’re here to help you make the most of them. Price prediction section aids me with that but I also conduct my own analysis. Typically, the return window for PrimeXBT items is 30 days from when the item is delivered, and the candy must stay sealed and in the original packaging. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. Visit our Help Centre. These upgrades can attract more developers and businesses to the network, increasing POL ex MATIC’s value as more people adopt it. Overnight financing, meanwhile, occurs when a trade is carried into a new trading day. PrimeXBT offers mobile apps for both iOS and Android, enabling you to trade on the go with the same functionality as the desktop platform. Here’s our detailed analysis of the futures trading experience. 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. You will pay standard blockchain transaction fees, and PrimeXBT will not charge any additional deposit fees. It is fully regulated and offers competitive spreads and fees. If you need any further assistance, feel free to reach out to. Basic Attention Token BAT. This intuitive trading platform caters to the needs of both beginners and experienced traders. In the Cryptocurrency Service category. Our goal is to ensure that all your questions are thoroughly answered, helping you to trade with confidence. For instance, funding fees for BTC on Binance and Bybit were both 0. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Success hinges on selecting proficient traders, effective risk management, and market comprehension. Returns or profits may be subject to capital gains tax. Our human support team is here to help 24/7, in your language. But does this make OKX a better choice. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Additionally, POL ex MATIC’s value is boosted by its role in enabling fast, cost efficient transactions on the Ether network, making it a critical component of blockchain scalability​. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. 6 months ago 416 views.

The Best

Amid speculations that the company had traded BTC during the testing bears, CEO Elon Musk revealed it was yet holding on to its BTC stash. The asset class first began with Bitcoin back in 2008 during the Great Recession. Trade Crypto, Indices, Commodities and FX with up to x1000 leverage, allowing you to maximize your profit potential and earn from both rising and falling markets through CFD contracts Contract for difference. The fact that it allows the trader the ability to control a larger position than usual means that it can carry outsized losses if not approached properly. Scan the QR code with your device’s camera and get APK file. It only accepts crypto transfers from other exchanges or digital wallets in. This is important to note since it is wise to choose a trader who has a long, proven track record rather than one who has been on the platform for a few days. To qualify for the sign up bonus on Prime XBT, you must create a new account on the platform and meet the eligibility criteria of the promotion. The advantage of Cardano over Solana is that it places more emphasis on formal procedures and serious scientific investigation. We will pass your suggestion regarding the improvement of the CFD web interface to our development team for further consideration. This section will unveil the mechanics behind leverage trading and how it applies to the exciting world of Cryptocurrencies. First of all, we need to recognize you as our customer, for this purpose you can contact our support team. However, there are some regions where PrimeXBT does not accept users, including. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 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. Deposits can be made to your PrimeXBT Wallet, or directly to any of your CFD Trading or Crypto Futures trading accounts. For example, social media influencers, YouTube celebrities, bloggers, forum administrators, and more, can all capitalize on their existing audiences to bolster their revenue streams exponentially using PrimeXBT’s programs. For example, tools exist to assist traders in understanding when assets are oversold or overbought, when momentum is strong or weak, or when volatility is low or high. Now, when it comes to the trading fees for cryptocurrency trading, there’s a flat trading fee of 0. If you need help, you can reach PrimeXBT support staff through email or live chat. The current Toncoin developers have promised a long list of privacy focused features, including VPNs, DNSs and ways that allow users to buy Toncoin, sell it, or store it in a secure and anonymous way. This provider offers outstanding encryption to protect your crypto related and financial information and will help you unblock crypto sites with great effectiveness. 2024 00343, having its registered office address at PKF Corporate Services Ltd.

Deposit Fees

Initial data: Resistance $200 = x / Support level $185 = y / Downtrend target = z. Withdrawal fees vary depending on the currency being withdrawn. The platform provides a variety of free deposit options for both crypto and fiat. 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. PrimeXBT offers a diverse selection of assets for spot trading, providing traders with the opportunity to expand their portfolio and engage in multiple markets. Vincent and Grenadines Sudan Suriname Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Türkiye Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe View as list. They help make the most of market moves, potentially leading to bigger profits or smaller losses. You are making a trade based on future price movements. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. Investing is speculative. However, they do handle Western fiat currencies and maintain bank accounts in several countries to facilitate deposits in various national currencies. There are platforms out there, like PrimeXBT, that offers new traders a free account to begin with that is aimed at helping newbie traders, as well as experienced heads.

PrimeXBT Copy Trading

Make your Crypto work for you by using it to trade 100+ markets on our platform. It boasts a user friendly interface and convenient functionality that rivals our mobile applications. As well as a detailed How to guide on How To Buy Bitcoin with credit card for Beginners. If the app is unavailable in your region, you can still access it through direct download from our site. You can buy cryptocurrency directly from the platform which can be used as collateral or for spot trading. Io obtains permission from an official regulatory body. 6372, and the maximum price could climb to $0. 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. Having worked as a professional content writer for three years before that, Felix transitioned to working on blockchain centered projects and hasn’t looked back ever since. Some copy traders prefer a mixed strategy because it combines high risk and conservative trading. Thank you for choosing PrimeXBT. PrimeXBT’s support extends to major financial hubs and emerging markets alike, ensuring a broad and diverse user base. Date of experience: September 04, 2024. Explore and unlock new potentials as you navigate through a wide range of offerings meticulously curated to elevate your trading experience. Limit order is the second option in ‘Order Type’ drop down menu PrimeXBT offers. If you’ve been on a losing streak and could use some help, there is also the option of becoming a follower using the Covesting copy trading module. Our website uses cookies. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. Kate Leaman Levi – es una Experta en Contenido Financiero en PrimeXBT, reconocida por sus contribuciones al reportaje y análisis financiero. A prime example of this is the recent, highly publicized ban on crypto mixer Tornado Cash.

Restricted Jurisdictions

💸 Enjoy copy trading, powerful analytics, real time news, forecasts, and trading signals. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The prices of commodities BRENT, CRUDE, and NAT. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. Jansen is still CEO of the company. Online Marketer, Writer and Entrepreneur. With its global reach, it’s available in over 150 countries. PrimeXBT offers a variety of bonuses, including deposit bonuses, fee reduction bonuses, and percentage based bonuses. Do not be confused or deterred by these rates. In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market. COV tokens can be picked up directly on PrimeXBT by exchanging BTC, ETH, USDT or USDC for COV or alternatively be purchased on KuCoin or swapped on Uniswap. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. PrimeXBT supports the withdrawal of crypto to fiat currencies, including USD. Read next: Best exchanges to research in 2024. This allows you to decide the type of trader you like as well, be they risk adverse or high risk.

Who can join Trading Contests?

=OI needed to figure out more details about trading with cross and isolated margin to understand what suits best my trading strategy and they have cleared out everything to me. The platform allows you to open accounts for trading cryptocurrency derivatives. Eventbrite link below and look for an email soon. Trade cryptocurrencies, commodities, Forex, and major stock indices with ease using CFDs. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Bybit is one of the most reliable and transparent cryptocurrency exchanges. ADA price has changed by 2. I read a lot of reveiews and articles about PrimeXBT and I found out that this is the only platform that provides equally good trading terms across all asset categries. For example, a $100,000 contract value order at 100x leverage, only requires $1,000 in margin. Below is a summary of PrimeXBT features that require KYC verification. Many praise the trading technology that makes trading smooth and efficient. Inexperienced investors sometimes risk losing all of their money, especially if they do not understand how to appropriately use this tool. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. It also provides a breakdown of individual crypto and US dollar balances. The overall feeling in the Cryptocurrency market, known as sentiment, can greatly affect Polygon’s price.

Restricted Jurisdictions

Best regards,The PrimeXBT Team. The simple pressing of a button allows the trader to get in or out of the market, while all of the financial calculations are done “under the hood. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Temporary trading or deposit/withdrawal limits may be imposed until the required documents are provided and the CDD process is successfully completed. Not everyone has an answer for what Bitcoin does and why it moves when it does, but with some research you can start to understand a little more what impacts it. There are also chat rooms in Telegram, some of which are localized by the country of residence of the clients for convenience. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List.

4 5

I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Com, Kraken, or Binance. There’s no minimum deposit, and for fiat currencies, deposits start at $10 via AdvCash. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. However, in this scenario, any extreme losses will be avoided. This allows for the control of large positions with a relatively small amount of capital, potentially maximizing profits from both rising and falling market prices. Specifically, if you’re financing a leveraged position for more than 24 hours, you will then be charged with the overnight finance fee. The platform offers a very limited range of crypto futures markets and conditional orders. At the end of the day, it’s all about adoption and whether or not people start using Litecoin for currency. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. Just remember that you’ll probably have to use a third party payment service if you want to deposit with these traditional payment methods. The price of the asset is 70,000. But does this design translate into an efficient user experience. Miners earn rewards in the form of newly minted coins and transaction fees.

Trading platforms Comparison with competitors

Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. 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. When buying, you will get the Ask price; when selling, you will get the Bid price. This is where miners’ rewards are halved, even though the amount of work they need to conduct to mine a coin stays the same. PrimeXBT is a standout in the crypto trading world. The platform makes sure you can get your money quickly. There is no payment schedule, you simply pay the interest as you go along, when you open and close a trade. For stocks in the United States as an example, you need to deposit at least $2000 with your brokerage, or 100% of the purchase price, whichever is less. Evaluating your investment objectives, level of experience, and risk tolerance is important when considering whether to trade foreign exchange. Even beginners can open an account and load it with Bitcoin BTC or other crypto assets in minutes. The interface avoids unnecessary clutter, emphasizing speed and a focused trading experience. With PrimeXBT trading, users have access to high liquidities across more than 80 asset classes, including PrimeXBT Forex trading, indices, commodities metals, gas, and oil, and cryptocurrencies Bitcoin, Ripple, EOS, Litecoin and of course, Ethereum. Since then the coin has fallen back down to the $50 mark, butits explosive rise is indicative of what it can do down the line. Additionally, PrimeXBT supports third party payment providers such as Volet and Perfect Money. 0005 BTC for BTC withdrawals, 0. PrimeXBT Trading Services, S. However, if you’re using traditional payment methods like Visa or Mastercard, your bank may want to verify the transaction. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. Losses can exceed the initial investment. Trade fee is incurred each time you buy or sell assets on the market i. The app also allows new users to sign up for a free account if just starting out. In conclusion, PrimeXBT offers a powerful and efficient API tailored to suit the needs of various traders and developers. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Her educational initiatives and proprietary trading curriculum have helped shape a new generation of analysts. Aave lets people borrow digital assets and earn interest through loans. Lendingplate Personal Loan App.

Worse

Stellar Lumens increased as much as 143% in 2021 amidst an overall bull run in crypto markets. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. Receive the latest news and stay informed. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Customizable charts, technical analysis, and leverage trading enhance the experience, creating successful traders anywhere in the world. Note ✍️: The financing fees are dynamic. During volatile transitory periods, risk management also becomes more important than ever. PrimeXBT’s mobile apps, PrimeXBT and PrimeXBT Futures Pro, allow users to trade and monitor positions on the go. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. However, in some smaller markets, regulators are much quicker to get involved and ban short selling altogether.