What is PrimeXBT and what does it offer?

Report rules violations. If crypto copy trading is something you are interested in, Gate. For all questions, security issues, product related inquiries, and business proposals, please reach us. Managing risk is your top priority when trading Forex, or any other financial market for that matter. PrimeXBT allows users to automatically replicate the trading strategies and actions of experienced traders through copy trading. This website does not replace a personal financial advisor, which should be consulted for investment or trading matters. PrimeXBT’s unique selling proposition is its advanced security measures and the innovative copy trading feature, which enables users to replicate the trades of successful traders. It offers transparent fees, 24/7 support, and compliance with U.

PrimeXBT

000100, and an average price of $0. Check out our Help Center. This gives you more ways to fund your account. Cryptoassets are highly volatile. PrimeXBT is committed to adhering to international regulations and implementing measures to ensure compliance with legal standards in the jurisdictions where it operates. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should زیادہ حاصل کرو seek independent financial and/or legal advice if necessary. They have a long standing sterling and trusted reputation within the crypto community, and offer one of the most solid and high performance trading engines in the crypto space. In case of disputes, you may be compensated from this fund. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer. Some of the key features include. Instead, trades are executed against a liquidity pool. We’re pleased to hear that you’re taking full advantage of the variety of assets available on PrimeXBT, including forex, indices, and commodities. 31 – today, you’d be a millionaire. To deposit funds, log in to your PrimeXBT account and navigate to the “Deposit” section. One more thing that traders love about the platform is that it does not have mandatory KYC requirements. So for me it’s a favorable experience no matter what. Each wallet is designated for a specific cryptocurrency. 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 increase your daily withdrawal limit beyond the standard amount, you must complete the account verification process. While most exchanges in the US require KYC, a few options allow you to trade crypto without providing personal information. CFDs stand for contract for difference, and offer greater flexibility over Bitcoin futures, but many of the same benefits. The company boasts of having cutting edge technology to prevent attacks. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. PrimeXBT restricts the size of a position a trader can maintain with the broker and if such a limit is exceeded, the trader’s orders will not be executed. Spreads on cryptos might often be higher than expected, which causes slippages. However, the absence of custom price alerts was a notable drawback. 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. The main disadvantage of PrimeXBT is because it’s not a primarily crypto focused exchange like the other crypto exchanges on the market, its crypto pairs selection is quite limited to only the top 10 or so coins, but the exchange offers both USD and BTC pairs for these coins, along with both spot and margin options. There are 2 options to fund your account. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising.

Polkadot Price Prediction as a Cup and Handle Pattern Forms

They highlight the platform’s strong margin trading options. Unlike Bitcoin, which is gradually mined over time, all 100 billion XRP tokens were created at once. It’s often these assets that are extremely oversold that perform the best during the next bull market. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. An on chain analysis is done using data collected from blockchains. Vincent and the Grenadines, and a recent move and consideration of becoming headquartered in Switzerland, PrimeXBT IS NOT currently regulated or licensed. De relative strength index RSI en het moving average convergence divergence MACD gaven beide een neutraal signaal, terwijl het Hull Moving Average en het Volume Weighted Moving Average VWMA beide een koop signaal gaven. Customer support is available 24/7 through live chat and email.

Earns

Frequently Asked Questions. Esta pode ser uma ferramenta poderosa nas mãos de um trader experiente, apenas dizendo. From its meme origins to becoming a staple in the digital currency world, Dogecoin’s journey is a testament to the power of community and the unpredictability of the crypto market. Bybit goes above and beyond, providing some of the most in depth analysis reports and tools free for anyone to access, so a tip of my hat to the folks over at Bybit for their selfless efforts 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. Best Regards,The PrimeXBT Team. Twitter: aylerTBMLinkedin. In order to make any movements from the cold wallet to the hot wallet, they make use of multi signature access that needs to be executed by multiple employees. Editor for Oberlin’s long form journalism magazine, The Wilder Voice, for 2+ years • Specializes in covering big tech, blockchain, crypto, and media. Brand operating since. If AAPL has a margin requirement of 5%, your margin will be 5% of the total value of the position. This is because there is an unlimited amount of potential Dogecoin possible, the lack of scarcity will keep its price suppressed. The calculation is 100 x 10 = 1000. Overnight financing is not charged on weekends for markets that are closed during this time, however a triple financing rate is due on Thursday 00:00 UTC. It lets users copy top traders, making their trading better.

Currency Converter FAQsCurrency Converter FAQs

Furthermore, analytics from analyticsinsight. The United States of America US Reportable Persons. 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. BitMEX offers a maker taker fee model with maker fees at 0. Unlimited for verified users. You can speculate the XRP will rise or drop in value against BTC, and you do this using BTC. This essentially ensures that SEC can not appeal the initial July 13th decision made by U. Hub participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog, and connect with the Community;Main make deposits, and withdrawals, keep track of your accounts activity and statistics. The online platform has plenty of technical analysis tools to use to trade this market. And this “trend” can be seen in many other places online, so it seems this broker / exchange is a polarizing one. Prime XBT Trading Services, S. The cryptocurrency market’s inherent volatility means that SOL’s price can fluctuate dramatically based on regulatory changes, market sentiment, and broader economic factors. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. Another mark of trust can be found in the star rating that each account receives. 0 blockchain ecosystem. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. It primarily supports cryptocurrencies, including Bitcoin BTC, Ethereum ETH and Tether USDT. That being said, at one point during the year, the market had risen above $4800 and now looks at $1000 as a potential support level so a lot will be learned if and when we test that area again. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. However, standard trading fees and other applicable charges apply when you trade. This table provides a quick reference to the key aspects of PrimeXBT’s global reach and regulatory compliance, their descriptions, and their importance. I started my trading of popular cryptocurrencies like Bitcoin and Ethereum. Date of experience: July 30, 2024. This means that if you want to open an x200 BTC futures contract, you must choose cross margin.

PrimeXBT App for Android

The price of Bitcoin and other cryptocurrencies can be affected by the sentiment across the cryptocurrency market. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Trade Crypto Futures Contracts incl. It supports a variety of digital assets, with a focus on futures trading for major cryptocurrencies like Bitcoin and Ethereum. 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. The platform charges a trade fee for entering a position, and the platform charges overnight fees for financing a position overnight. 1 pips when trading CFDs. 20, the average price at $127. Ethereum ETFs are now also a done deal, although we see constant outflows there on a daily basis. This update includes:— Improved currency exchanger— Updated “Orders” list layout— Various UI improvements. Here are some key components of technical analysis.

How to use PrimeXBT?

We also appreciate your recommendation of the indicators for new traders. Consider these factors to decide if PrimeXBT aligns with your trading needs. X200 leverage futures contracts can be very intense, and poor market movements can easily harm a person’s finances. Users can go long and short on popular cryptos, including Bitcoin BTC, Ethereum ETH, and Ripple XRP. Ultra lowfees give more capital to put toward trading positions across all markets. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. If you do decide to invest in Dogecoin, never invest an amount of money that you’re not willing to lose. However, those represent some of the most trusted Crypto assets and are a good starting point for trading. However, it is important that you use both technical and fundamental analysis to make your determination. CPA allows affiliates to earn up to $2,500 for introducing a new client to the site. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. These fees cover the transaction costs associated with processing the withdrawal on the blockchain network. PrimeXBT provides attractive competitive fees and trading conditions to all platform users. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Moreover, the platform also allows traders to deposit funds into their account through their credit cards, debit cards, or SEPA transfers. These integrations include. Our human support team is here to help 24/7, in your language. While Shiba Inu could end up panning out, the reality is that it should be thought of as a very speculative part of any crypto portfolio. Additionally, you can manage or activate new bonuses here if you have a promo code. Cold storage: The majority of user funds are stored in cold wallets that are not connected to the internet. These wallets can’t be hacked because they’re not online. It depends on your individual risk tolerance and experience level. Currently trading at about $0. The supported currency pairs include EUR/USD, GBP/USD, AUD/CHF, AUD/CAD, and more.

Restricted Jurisdictions

This can occur due to slippage, especially in fast moving or thin markets. Below is an example of a futures contract on PrimeXBT. For example, a 2x Bitcoin token would offer traders 2x the volatility and exposure to movements in Bitcoin value. Additionally, you cannot set stop losses and take profits directly from the order form. With its global reach, it’s available in over 150 countries. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Next, we will summarize the key points about PrimeXBT fees in a table format for easy reference. 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. These products are not suitable for all investors. It also enables profits in both directions of the market, rather than only being able to generate returns when asset prices are rising. 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. Please take all predictions with a grain of salt, as the influence of outside forces will remain an issue in the cryptocurrency market in general, not just the Polkadot network and its DOT token. Of course, I also check this info to understand whether it’s high time to exit the deal or not. Organic Traffic is a metric of how many monthly users visit the project’s website via search engines. You’ll then receive a confirmation code in your email inbox. This explosive price action was fueled by the surprise Trump win in the U.

Risk warning

Leveraged trading allows you to trade and profit using much larger asset amounts than with personal funds. 0578% on morevolatile instruments like Natural Gas – a substantial reduction from previouslevels. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. The platform provides a suite of drawing tools, including trend lines and Fibonacci retracement, as well as various chart types like candlestick, bar, and line charts. The technical specifications of this network will include security, performance and consensus. To stay informed about the latest deals, check the PrimeXBT website or follow their social media channels to maximize your trading opportunities. They can also use the platform’s Telegram bot to send price alerts, open positions, executed orders, and more. 07, while the most bullish projections anticipate a high of $3. The app, now available on the Apple Store, offers unique features that enhance community engagement and potentially drive exponential growth. This is not fair as all referals where made carefully under my guidance. 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. Below are the discounts that you can earn based on the 30 day rolling trading volume. Using the advanced trading platform, traders can build an effective strategy using built in charting analysis software, and manage against risk with a variety of tools such as stop loss orders, and more. 40, and would have to have an almost unimaginable move higher to get there. Fees which traders should take into consideration are. Remember to add the 2FA verification protection before you start. However, there were a few areas of disappointment. Best regards,The PrimeXBT Team. The platform provides deep liquidity by partnering with top liquidity providers, allows you to tailor leverage to your risk tolerance, and lets you hold trades longer without high costs.

Up to $7000 Tradable Bonus on your First Deposit💰

Disclaimer: The opinions expressed here are not investment advice; they are provided for informational purposes only. PrimeXBT charges a flat trading fee of 0. Traders can monitor the markets, execute trades, and manage their accounts without being tied to a desktop. Furthermore, the Maker Fee is 0. 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. This is not something that we have seen on other charting packages developed by an exchange. You can diversify your portfolio with various asset classes, including stock indices, commodities, forex, and metals. As ADA has a capped supply, increased demand, driven by ecosystem growth and adoption, could lead to price appreciation. However, given certain regulations, there are some countries that they do not accept traders from. Current Bonus Plan: When you first register at PrimeXBT and make your deposit, enter the code CRYPTONEWS7000 to get your bonus as a reward in your trading account, equal to your deposit up to a maximum of $7000. If you ever need any assistance or have more feedback, please feel free to reach out to us via live chat or email at. Super happy I found ‘em. This crypto exchange offers its users the ability to trade on its platform an impressive range of different cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. PrimeXBT Trading Services, S. We utilize Bitfury’s Crystal AML compliance software and blockchain monitoring toolset on all incoming transactions. 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. 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. Binance offers a range of support options, including a detailed help center, email support, and live chat. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. No, different assets have different overnight fee rates. Just like deposit fees, withdrawal fees can impact the net amount you receive. 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. I opened this long position with a tight stop loss. 05% per crypto trade.

Access to 100+ global markets on one platform

Around that same time, there was a massive boom in a budding new technology that would someday reshape the world, turning technology into a fully automatized well oiled machine. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. Brand operating since. CFD trading is another type of derivatives contract, called contracts for difference. I will try to simplify it for you. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. None of the forex brokers and a few crypto exchanges can offer you that. Unlike its larger competitors, PrimeXBT does not offer P2P trading. Traders can share their strategies on PrimeXBT’s covesting module, gaining an opportunity to earn from the success fees generated by their followers. For high frequency traders, even small differences in fee rates can add up to significant savings over time. PrimeXBT ensures security with 2FA, SSL encryption, DDoS protection, and more. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. I’ve done that, and it sucks. Yes, trading fees typically include spreads, commission fees, and overnight financing swap fees, depending on the asset and platform.

Contents

The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. However, the absence of custom price alerts was a notable drawback. You can almost think of a cash account as a debit card versus a credit card. Our detailed price comparisons and cryptocurrency guides have you covered. DYdX supports MetaMask, Trust Wallet, Coinbase Wallet, and many more including WalletConnect compatible wallets. PrimeXBT also has over 50 FX trading pairs. After the user’s identity is verified, an account is usually opened for free. On Google’s Play store, PrimeXBT’s mobile app is frequently praised for its user friendly interface and robust features. 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. The trader closes the position and then returns the borrowed $6000 to the broker, as well as any minor financing fees. Before you decide to buy and store Bitcoin yourself, you will want to familiarize yourself with the various sections outlined below in this guide. However, in this scenario, any extreme losses will be avoided. The PrimeXBT referral model has a four tier payout system. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. PrimeXBT lets you deposit and withdraw with crypto and fiat, with fast processing. Divulging how many coins you own can make you a target of hackers and identity thieves. In the buy crypto section of the platform, users can exchange their crypto for fiat currencies and withdraw to their bank account. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT keeps data safe with top encryption. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. 💹 Discover how our platform’s low fees, high speed execution, and flexible leverage are helping traders make the most of every opportunity. As an STP broker, we receive quotes from a large pool 12 of liquidity providers and automatically arbitrage between them to offer the best currently available prices. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. Click Download and confirm the file download if you see a warning. This causes a slight delay in funds being available in the account. $20,000 or equivalent for unverified users. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Other countries prohibit foreign currency trading for reasons best known to them.

Collect Your Rewards

8 months ago 404 views. To make money on PrimeXBT, engage in strategic trading by analyzing market trends, utilizing available tools, setting risk management strategies, and staying informed about market developments. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. Participants must meet specific qualification requirements to be eligible for rewards. This is apparent in its latest move with the Base layer integration with Optimism. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. 🌟 Join the PrimeXBT affiliate program today. In terms of supported cryptocurrencies, PrimeXBT’s repository is quite small and may not be a favourable option for some investors. First, there are no deposit fees, though the minimum deposit amount is set to 0. Another fast paced trading activity is its one click and double click trading features found in its margin trading account. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. All cryptocurrencies operate on blockchain technology. Any assets deposited to PrimeXBT are assigned a risk score based on Crystal’s proprietary algorithm, providing detailed insight about the history of that asset and the wallets it originated from. Also, there are no fees for depositing cryptocurrencies. We’re here to support your continued success and ensure your trading experience with us remains top notch. Finally, they also have advanced hardware modules where they run their trading technology. Read the full expert review of PrimeXBT reported here: PrimeXBT Review.

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Once you identify a trading opportunity, it’s important to identify where you want to place your stop loss and take profit orders before placing your trade. To further broaden the scope of our monitoring, we constantly evaluate and identify the brokerage firms that get the most online searches. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Earn passive income not only from your direct referrals but also from their referrals up to four levels deep. If you ever need assistance, feel free to reach out at. Our 24/7 support team here to help. Crypto Deposits: PrimeXBT offers free crypto deposits. Optional KYC and a demo account for practice are also available. BitMEX’s sophisticated interface and advanced features make it suitable for experienced traders seeking powerful trading tools. Unfortunately, most traders do not spend the time necessary to backtest a system and will simply come up with the latest and greatest thing on a forum to start putting money to work. The first step is to log into PrimeXBT and in the dashboard in the top left hand corner you’ll now see an icon for Turbo which takes you through to the new platform from PrimeXBT. We actually downloaded the PrimeXBT app and tested it out to see exactly how functional it was. No, Binance does not allow trading without ID verification. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. PrimeXBT specializes in CFD trading, allowing traders to speculate on asset prices without owning them directly. You have crypto rewards waiting to be collected. He has a passion for, and great understanding of, cryptocurrencies and the underlying blockchain. Prime XBT Trading Services, S. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Leverage trading Crypto presents a higher level of risk and reward. The platform offers Crypto Address Whitelisting, allowing you to designate specific withdrawal addresses for added security. Losing access to your email may result in you being unable to access your PrimeXBT account.