Prime XBT Review: Comprehensive Analysis of Features and Trading Experience

If you’re trading Bitcoins through an exchange, you need to set up a secure storage method for your shiny new coins. Enter your email address and password, then click Register. As a quick reminder, cross margin means all assets in a user’s account are used as collateral for their open positions, and isolated margin means only a specific amount of collateral is allocated for a particular position. Link posts for self promotion and minimal interaction with the community will be removed. 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. Bitmymoney is a comprehensive platform that simplifies cryptocurrency management, ensuring secure transactions and efficient asset handling. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. All of this and more are accessible from a single account, making PrimeXBT the ultimate high performance margin trading platform. No one will get bored in PrimeXBT. You decide to close the trade once the pair reaches 1. Top Tip 💯: Enable two factor authentication when logged in it is not set as default. Trade with confidence knowing we are trusted by 1,000,000+ people worldwide, for our award winning products, our commitment to security, and the 24/7 support we offer.

Customer Service a team that has your back

PrimeXBT is a unique crypto exchange with a wide range of financial assets. Identifying the right target audience will help you to tailor your content more properly. PrimeXBT beats all competitors. We understand your concern and apologize for any confusion regarding the use of our platform. 2023 saw PrimeXBT roll out new features like an adjustable leverage system, order book implementation, and expanded altcoin assets. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. Com website are free for you to use. The order form also displays recent trades and order book data. That being said, it’s trajectory looks to be more of a parabolic type of move, with the first couple of years being more slow and steady. Resetting PrimeXBT can sometimes lead to unexpected issues. Please note, some markets may only be available via CFDs or other derivatives. Trade cryptocurrencies, commodities, Forex, and major stock indices with ease using CFDs. Customers can fund their accounts by depositing via bank card or bank transfer. Building a trading strategy is difficult, as it requires finding a method that works for the trader, as well as one that fits the market that they are operating in. Competition: the oracle space is competitive, with emerging projects aiming to provide similar services. Nothing in this website is intended to constitute the marketing or promotion of PrimeXBT services. Larger positions will require more margin and hence reduce exposure – and subsequently broader risk. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. The bonus funds are available for two weeks after activation, and can be used as additional collateral to open positions. These are the account administration section, the information section and the actual trading platform itself. Bit2Me Champions WEMIX Token in Pioneering European Listing. EASY TO UNDERSTAND FOR BEGGINERS. If you forget your password, use the “Forgot Password” link on the login page to reset it. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. Worldwide, except regions Prime XBT MT4 that forbid cryptocurrency derivatives margin trading. Promo codes are unique combinations of letters and numbers that unlock benefits on PrimeXBT, such as trade fee reductions, savings on overnight financing, or bonuses added to deposits. It’s cool and has the necessary tools for successful trades, not too much but okay. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors.

Deposits and Withdrawals

This transparent fee structure allows traders to calculate their costs upfront and optimize their trading strategies accordingly. Org is regularly audited and fact checked by following strict editorial guidelines and review methodology. New users can also get up to $50k in sign up bonuses when they sign up using our Coin Bureau link. We understand that KYC procedures can sometimes feel burdensome, but they are crucial for preventing fraud and protecting all our users. Buying, selling Spot Trading BitcoinBTC. Not only can they be risky for the end user, but poor behavior can cause an exchange itself to struggle in terms of liquidation. It could be hard for publishers to exceed this balance in a week to receive and withdraw their money. Security takes the top slot on the priority list for me when choosing a trading platform. Happy trading and thank you for choosing PrimeXBT. PrimeXBT a cool crypto exchange but I thinkin it lacks some of the important services for traders. DYdX’s trading volume often exceeds $1 billion daily, making it one of the largest decentralized exchanges by volume. It’s great that the organization and labeling of the platform help you navigate easily. The spreads are ridiculously high especially when it comes to Forex. 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. In other words, traders using PrimeXBT do so at their own risk. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Date of experience: 18 October 2020. With most XRP future Ripple price predictions however, It’s generally expected that Ripple should be worth more in 2024 than it is now, with some pundits suggesting that it could be worth as high as a maximum price of $4. 35 BTC when you register using this exclusive deal for TheMoneyMongers readers. 01%, while on PrimeXBT, they were consistently over 0.

Is PrimeXBT Safe?

Explicit financial advice is also not allowed. If you would prefer a more visual guide then PrimeXBT has included a number of video tutorials. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. The name “HODL” is derived from a misspelling of “hold” on a popular cryptocurrency forum. Web Trading Platform Crypto Futures trading platform. 3 billion fine for failing to comply with AML regulations. Ideological and political posts or comments are considered nonconstructive and off topic unless paired with analysis of political events and how they influence the market. Experienced traders can also profit by allowing others to copy their trades. Thank you for choosing PrimeXBT. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Com, which the website earns in the form of advertising payments. The platform offers a very limited range of crypto futures markets and conditional orders. If you’re just getting started with crypto, you’ll want an easy and reliable way to purchase tokens like BTC. The trading interface on Bybit is quite standard in comparison to what you will find on many of the top tier exchanges as it has proven to provide a great trading experience with loads of functionality. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. Consider PrimeXBT for its advanced technology, versatility, top notch security, transparent fees, and extensive trading opportunities. PrimeXBT has a diverse product offering that will be perfect for beginner traders that prefer to try out something different from traditional spot trading. Identifying the right target audience will help you to tailor your content more properly.

On chain Analysis: 10 Crypto Trading Indicators to Spot Next Bull Run

Despite initially gaining around 80% profit on a long term position, my experience turned negative upon closing. The platform’s copy trading feature allows users to follow successful traders, further enhancing its appeal. PrimeXBT’s partnership program also allows partners to expand their business globally, offering exclusive deals, promos, and networking events to help grow their business internationally. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. People love the variety of assets available, from forex to Bitcoin and Ethereum. We may receive a commission for purchases made through these links. Withdrawal Crypto and fiat. Historical Perspective: Its long history and continuity since its inception in 1957 provide a valuable dataset for analyzing long term market trends and patterns.

MEXC

PrimeXBT provides users with an extensive, 4 tier Referral Program, allowing them to earn commissions by introducing friends to the platform. Just select the position you want to calculate the liquidation price for from the ‘Positions’ window. They have developed their own trading technology, making the platform robust with plenty of key features. 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. 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. The exchange recently released its tiered fee structure for those traders who do a considerable amount of volume on the platform. Here’s our detailed analysis of the futures trading experience. In other words, you can borrow 50% of any purchase, but need to provide the other 50% yourself. To trade with margin, users must fund their margin account after making a deposit to begin trading. So, we have gone through almost all the online codes and discovered that the correct code is ‘TMMBONUS. If you find that you cannot make money trading. The platform provides a variety of free deposit options for both crypto and fiat. They handled our concerns quickly and were very helpful. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. Another reason to seek a legitimate and transparent crypto exchange or crypto financial provider, is data security. It also enables profits in both directions of the market, rather than only being able to generate returns when asset prices are rising. Users can open accounts, deposit crypto, and start trading with just an email address. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. Readers should do their own research. If you do not see this then it means that you could be on a phishing site and should leave immediately. When you get stopped out of a leveraged trade, there is no need to immediately put another trade in the opposite direction. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Seasoned traders also have the opportunity to share their strategies through ‘Copy Trading My Strategies’, earning up to a 20% profit share.

Jul 23, 2024

Receive the latest news and stay informed. There are ETFs for almost everything imaginable, anything from mimicking the SandP 500 to mimicking the performance of the Indonesian economy. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. 3 billion fine for failing to comply with AML regulations. Overall, Prime XBT does not offer a sign up bonus for first time sign ups or beginner traders, but a deposit bonus of 7% is offered. Payment failures can occur due to insufficient funds, incorrect payment details, or system errors. This site uses Akismet to reduce spam. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. CFDs allow you to trade both upward and downward movements. 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. Some advanced order types on the platform include market order, limit order, stop loss, and profit, making it possible for traders to use different strategies for maximum profits. Our cookie policy and our terms and condition is accepted by using the website. It is worth noting that Perfect Money charges the 1. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. The platform provides helpful 24/7 customer support via live chat, email, and social media. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. Other options, such as gold or stock trading, are equally good at Prime XBT. The platform supports various order types, including market, limit, and stop orders, providing flexibility in trade execution. Once you have funds available in the trading account, you can click on « Trade » from the top navigation bar. Additionally, you cannot set stop losses and take profits directly from the order form.

Up to $8000+ in Deposit Rewards

Prime XBT is an all encompassing choice for anyone looking to diversify and maximize their trading strategies. Best regards,The PrimeXBT Team. A pump and dump is a scheme that new Crypto traders must avoid at all costs. 0 is not reliable and the lack of feedback is probably more reflective of the exchange’s lack of popularity. You’ll gain new knowledge on market psychology, analysing trends, backtesting strategies, and more. Gold is an established and mature market for investable assets. This comparative analysis helps in making informed investment decisions. DeFi will allow permissionless lending and borrowing instead of dealing with a traditional bank. In this PrimeXBT Review, we are going to take a look at the offer that this broker prepared for its traders. Withdrawal Crypto only. PrimeXBT, a global multi asset platform offering a comprehensive suite of trading products and cryptocurrency services, has enabled support for BNB Chain deposits and withdrawals. Over the years, FinCom has established itself as a prominent self regulatory body with top brokers among its members. About Kim Chua, PrimeXBT Market Analyst. Its intuitiveness and simplicity provided a pleasant trading experience. Furthermore, you can also use leverage – controlling more DOGE than you usually could – and shorting it, allowing you to profit off declines. World of Dypians Joins BNB Chain’s “Train Like a Champion” Challenge with $250K Prize Pool. The minimum amount required to copy a strategy is 101 for COV and 50. Anyone outside of dYdX’s restricted locations can use the platform immediately with no verification necessary. Injective Protocol INJ. Years later, Dogecoin is still a popular digital currency altcoin and has even attracted interest from the likes of Elon Musk, who the Crypto community has affectionately dubbed the “CEO of Dogecoin.

Want to use this as your default charts setting?

Yes, They will give you 50usd but at first you have to deposit 100usd or 0. Tips to avoid a margin call. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. This depends on the type of limit order you have chosen. In the ever evolving world of cryptocurrency trading, it can be challenging to find the perfect platform to facilitate your trades. PrimeXBT positions itself as a platform that offers advanced security and copy trading features, among other features. Restricted JurisdictionsPrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. This depends on the platform. We’re here to support your trading efforts and help you make the most of the market conditions. This data is collected but is not associated with your identity and includes. Appeared first on Coinpedia Fintech News With a $3. Get the PrimeXBT Massive 35% Bonus. 0001% on forex, indices and commodities. If you have a complaint to make you need to prepare some more stamps for this one. It is worth noting that Perfect Money charges the 1. They provide traders with the ultimate flexibility by not being tied to any expiration date. It seemed slightly outdated in my opinion from a design and navigational standpoint. This is a very good experience because you can make a passive income without even monitoring the news, charts, the dynamics of price fluctuations and other criteria. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options.

Most Secure Wallets To Start With

To withdraw Cryptos to an external Crypto wallet, go to the main page,. 025% maker fee structure. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. ETH and ERC 20 tokens COV, USDT, USDC require 10 block confirmations which usually takes around 4 minutes. The leverage available depends on the asset type and position size. Thank you for your cooperation. I use there services but it was very bad service. Minimum deposits are just 0. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The potential return for a correct guess is preset by the turbo feature. This means that even if a hacker were to access the servers of the exchange, they would not be able to read them. If something were happening in the market, and I needed to close a position between the 2FA, the loading, the freezing, and everything else, it could take 15 minutes to get in and place an order. Refrain from linking posts on social media such as Telegram, Discord, Facebook, Twitter etc, except official social media content from PrimeXBT and Covesting groups and channels. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. PrimeXBT is excited to announce that we will be at the world’s largest Crypto event, TOKEN2049 Singapore, which will take. Customers buy or sell digital currency from digital currency exchanges, who transfer the digital currency into or out of the customer’s DCP account.

🚀 PrimeXBT Deposit Bonus 🔥 Get 20% Bonus For Your First Deposit, Up to $7000 Tradable Bonus 💵

However, you’ll need a cryptocurrency wallet that’s compatible with the tokens you want to deposit. Arguably one of the most popular methods of making money in the cryptocurrency space, buying and holding, also known as “Hodl”, is also one of the easiest methods which can lead to profits. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. This means that user funds cannot be sent to a rogue address in the instance where an account is breached. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Hiring a lawyer is an important decision that should not be based solely on advertisements. It was launched in 2012 and is headquartered in San Francisco, USA. To activate a promo code on PrimeXBT, follow these steps. However, it is imperative that you understand there is a certain amount of interest that you will have to pay. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. By putting up a small amount of margin, you can trade as much as 1000 times that deposit depending on the market here at PrimeXBT. So far, PrimeXBT’s reputation remains untainted, largely due to its excellent service offerings, helpful tools and products, and its spotless track record in the area of not being hacked. PrimeXBT offers several convenient methods to deposit funds, ensuring flexibility and ease of use. Leveraged tokens provide traders with access to leverage, but without the liquidation or margin risks, which is a game changer. Asset coverage is one of the more impressive aspects of the PrimeXBT trading platform. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. PrimeXBT fees to buy crypto using a Visa or Mastercard is 3. The platform allows you to open accounts for trading cryptocurrency derivatives. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. 32 to send USDT over the BEP20 network. PrimeXBT’s focus on direct support and comprehensive guides ensures that users can quickly find answers and resolve issues. 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. Good company in a journey makes the way seem shorter. Com, Kraken, or Binance. The responses were fairly detailed but lacked accuracy in addressing all queries. PrimeXBT is one of many brokers on the market that offer trading services across various asset classes. However, lower fees are available when holding CET tokens – which are native to CoinEx. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process.