PrimeXBT Asset Coverage

However, traders and investors alike who value access to an extensive spot market selection, advanced trading tools with high liquidity in major futures markets plus advanced derivatives products such as leveraged tokens, with volume tiered fee models and rebates may prefer other crypto focused exchanges, as PrimeXBT is more focused on being a multi asset trading exchange. Withdrawal Crypto only. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. Find the best places to buy digital currencies based on prices, features, customer reviews, and more. The lack of regulation is a bit concerning, though. Log in to your PrimeXBT account, grab your referral link, and start sharing. Here is the PrimeXBT referral code for a new user sign up bonus in 2021. Understanding these steps is essential for completing the KYC process smoothly and efficiently. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. We realize that margin trading requires a fair amount of skill and there’s plenty of risk involved, but as long as you understand this and budget carefully, there’s no reason why you can’t enjoy everything PrimeXBT has to offer. Only a small portion of digital assets are held in our online wallet « Hot Wallet ». PrimeXBT’s copy trading module allows users to automatically replicate the trades of successful traders. Any reliance you place on such information is therefore strictly at your own risk. Deposits are made through third party services such as Coinify, Changelly, Xanpool, CEX. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Coin Bureau readers who sign up to PrimeXBT using our referral link will receive a FREE 35% BONUS as well, definitely worth taking advantage of. We are always open to a dialogue and we are full of confidence that we can arrange for you the best conditions for a fruitful cooperation. You can use cryptocurrency or traditional money. Third party service: you can use third party service, such as Coinify TC, which allows you to buy BTC, ETH, USDT, and USDC using your bank card, SEPA bank transfer and have it transferred to your Prime XBT wallet.

The Ultimate Deal On PrimeXBT's Trading Contests

Types of Accounts and PrimeXBT Fees

Recently, there have been signs of life in this coin, so it is gradually entering the mainstream conversation again. © CryptoRunner 2017 – 2025. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. 87, and an average price of approximately $1. Before you do anything, you PrimeXBT trading need to pay close attention to what the market is doing. Having said that, it is crucial to respect the potential damage that can come with larger position sizing. These products are not suitable for all investors. Dive into weekly trading contests with virtual funds for a chance to win rewards up to $10,000.

PrimeXBT's Trading Contests It! Lessons From The Oscars

SandP 500 Overview

In the above example, you will be buying 1 order of SP500. They are also imperative as a risk management instrument to limit losses especially when it comes to leveraged trading. Seek independent advice if you have questions or do not fully understand the risks. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Despite initially gaining around 80% profit on a long term position, my experience turned negative upon closing. These include things such as the colours, grids and spacing. Io, in my opinion, is the leader in crypto copy trading. You can follow the status of your deposits in your Transfer History. Litecoin’s supply is hard capped at 84,000,000 LTC, with 66,752,414 LTC in circulation. Leverage lets traders gear their trades by multiplying their capital by a factor of up to 100 times. It serves clients in over 150 countries and has over 100 trading assets available. It will be an immersive and invaluable experience taking place over two action packed days.

Why Some People Almost Always Save Money With PrimeXBT's Trading Contests

Frequently Asked Questions

Available on all browsers. If you have any more feedback or need further assistance, please don’t hesitate to reach out at. What makes the platform unique is that it’s fully autonomous, which discourages hackers from coming onto the platform and attacking the exchange to steal identities. 📰 Blog: Explore educational posts and news on PrimeXBT’s blog. 🔥 Happy HODL Day, traders. The biggest disadvantages surrounding CFDs are technically due to the trader themselves. Instead, there is only one account providing all the broker’s services with no limits based on deposit size and trading volume. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. Dear Irmeh,Thank you for your thoughtful review and for recognizing the security measures and regulatory adherence that PrimeXBT prioritizes. The promotion is only available for the new client. Affiliate payouts are made weekly through bank wire, bitcoin, or check. If you have been around the cryptocurrency market for even a short amount of time, certain words pop up again.

PrimeXBT's Trading Contests Gets A Redesign

Free Forex Trading Signals – Octa

PrimeXBT establishes minimum withdrawal amounts for each currency to ensure transactions remain economically viable on their respective blockchain networks. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Conclusion:PrimeXBT stands out as a comprehensive and feature rich cryptocurrency exchange, offering a user friendly interface, diverse asset coverage, robust security measures, leveraged trading options, competitive fees, and reliable customer support. Registered in Seychelles, PrimeXBT has offices in St. PrimeXBT offers a straightforward account structure with no complex tiers, making it accessible to a wide range of traders. תהיה הראשון לדעת על ההצעות החדשות שלנו וההצעות הבלעדיות שלנו. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. CET via live chat, which is available from the bottom right corner of the main page. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. 01% for makers and 0. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. This method leverages the expertise of seasoned traders to potentially yield profits for those who are less experienced. For example, a 2x Bitcoin token would offer traders 2x the volatility and exposure to movements in Bitcoin value. However, PrimeXBT does not offer any lower risk securities, such as ETFs and bonds. This can be done quite easily through the account management options in the «security settings». If it is quite a sizable withdrawal it may take quite a bit of time if there are not enough funds in the hot wallet, they may have to access some from their offline cold wallets. These scores are indicative of a sound and functional app but the sample size is rather small, with only 10,000 downloads on Android devices. » We will take a look at benefiting from falling prices. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. One of the things I respect most about Bybit is their continuous efforts to advance and benefit the entire industry with their Bybit educational academy Bybit Learn, which is so high in quality that it rivals the likes of the Binance academy.

Short Story: The Truth About PrimeXBT's Trading Contests

Can I avoid overnight financing fees?

Crypto exchanges where left venerable, as were their clients and we saw many instances where people lost funds. Only for verified users. Seek independent advice if you have questions or do not fully understand the risks. The exact amount does depend on the market involved, as the amount of «leverage», or the multiplier of your initial deposit will vary. We’ve got you covered with access to 100+ global markets on one platform. Our clients love how fast and simple our sign up is. I tested both versions and found that they offered a smooth trading experience without any significant compromises. You can only withdraw fiat using the same payment method you used for deposits. The smallest unit of Bitcoin is called Satoshi which has a worth of 100 millionth of a Bitcoin. This transparency helps you choose a trader you’re confident in copying. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. Well, I can give you some advice. PrimeXBT ForexHistory. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. By deciding to host a masternode, the network will pay you a certain number of coins of that cryptocurrency, however, to host a masternode you are often required to be holding a substantial amount of the cryptocurrency to even be considered.

Maximum Leverage By Asset Class

This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions. Trade with bonuses and rewards from PrimeXBT. 20 x 60 = $ 1200 profit. Leverage trading Crypto presents a higher level of risk and reward. When BTC in april was crashing from its ATH at almost 72k, down to 61k. During my PrimeXBT broker review, the EUR/USD spread was, on average, 0. Com accepts the following forms of payment. Best of luck with your ongoing trade—let’s indeed make the most of these opportunities. The goal of this growing industry is to do away with financial intermediaries like banks and other financial institutions. For example, if a trader opens a buying position on gold with 5% of his trading account size, the same trade would appear in your trading account. Here we’ll explain futures trading, dive into the details of perpetual contracts, take a closer look at why PrimeXBT is the best platform for trading crypto futures right now, and then walk through how to trade crypto futures on PrimeXBT. Supported CFD Commodities include Aluminium, Brent, Copper, Crude, Gold, Lead, Natural Gas, Nickel, Silver, and Zinc. To get started, you will first need to choose a reliable VPN provider. If your strategy and trading plan are based on limit orders, then do your market analysis and determine the best possible level to place your orders. Unlimited via Perfect Money. If all the people you referred trade less than 100 000$USD in a month, you will earn 20% of their trading fees. Traders begin shorting Bitcoin on PrimeXBT by conducting thorough analysis using PrimeXBT’s toolset. Trading involves risk. If you need any assistance or have questions, please don’t hesitate to contact us at. 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. For a complete list of restricted regions, refer to Section 1. The spectrum of assets here is big, there are: fx; commodities; crypto; indices;and some others. Geographic specific payment processors may exist, so it would be great if PrimeXBT listed all available ones on their website.

What is CFD trading?

The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. There are discounts available for institutional traders and whales who trade 300+ BTC worth of volume in a 30 day rolling trading period. Readers should do their own research. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. 99% fee, not PrimeXBT. In case you are concerned about using the trading platform, our experts found that all of the options available were convenient and self explanatory for interested customers. Although it has been a significant commodity in the past,. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. PrimeXBT offers specialized copy trading accounts where strategy followers and providers can connect and interact. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The broker also provides platform tutorials on its YouTube channel. The exchange has not reported any hacking incidents to date. As a derivatives trading platform, PrimeXBT does not offer any spot markets. These resources cover a wide range of trading topics, including sophisticated trading strategies and platform navigation. These upgrades can attract more developers and businesses to the network, increasing POL ex MATIC’s value as more people adopt it. Binance is a cryptocurrency broker based in China that launched its service in and offers individuals to buy and sell more than 90 cryptocurrencies. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. Shares of the ETF will be created and redeemed in large baskets exclusively by Authorized Participants, typically broker dealers. A detailed table of all trading fees for Global Markets, Crypto Futures and Copy Trading products is regularly updated and provided on the PrimeXBT website. You can keep a position open as long as you have sufficient margin to maintain it, unless it is a futures contract with an expiration date. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. The broker keeps client funds in segregated accounts and ensures negative balance protection. As the market price increases, the trailing stop price moves in tandem with current price move, maintaining a specified distance from the market price. All content on coincodecap. 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. Understanding the nuances between cross and isolated margin is crucial for tailoring your trading strategy effectively, and we’re glad our team could provide the clarity you needed. You can buy Bitcoin in several ways: through a crypto exchange, using a Bitcoin CFD, or by investing in a Crypto ETF.

Cons of Social Trading:

Switching markets and searching trading pairs on PrimeXBT is straightforward. So far, I have enjoyed every aspect of using Prime XBT, as it has increased my productive hours. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. Enjoy up to 7% discount on your deposit with this coupon from PrimeXBT. Only for verified users. These fees vary depending on the currency being withdrawn and the method of withdrawal. If you are looking for a platform that will give you some advanced order types, and a few basic algos, Live Trader might be overkill. At PrimeXBT, we strive to provide timely and helpful support to ensure our users have all the information they need for effective trading. I dont have negative experience using Prime XBT, primarily due to their exceptional customer service.

How long will it take for my BTC to be credited to my wallet?

The range of cryptocurrencies supported is also a handful compared to OKX. Now, when it comes to the trading fees for cryptocurrency trading, there’s a flat trading fee of 0. 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. We’re here to help make your trading experience as smooth and successful as possible. All fields are required. Similarly, if you opened a 0. Visit the fees section at PrimeXBT to confirm the exact fees on the day. Learn more about Baksta’s Legal Terms.

Bitfinex Moves Derivatives to El Salvador After Winning Digital Asset License

With high leverage options, you can maximize opportunities quickly and efficiently through the PrimeXBT mobile app. Prime XBT provides a powerful, intuitive, and user friendly trading platform. Because of this, traders build a system to take advantage of opportunities, sometimes being specifically built for a particular market, sometimes the trader will use a particular type of system for everything. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. However, it has become standard on most trading platforms. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. Changing leverage on PrimeXBT is a straightforward process that can be done directly through the trading platform. At the end of the day, that is the most important thing to know on a chart, and people will typically use technical analysis as an entry or exit signal, perhaps based upon the longer term movement known as «the trend. Providing financial education to those who need it most has always been a passion of mine. 5 in the first 6 7 months, and over time, traded at it’s highest of approximately $1,246 over the following 5 years. Signup bonuses amount: $2,925. Similarly, PrimeXBT only supports the same 5 cryptos for withdrawals BTC, ETH, USDT, USDC, COV. EA Trading Academy does not hold registration as an investment advisor, broker, or dealer. Best regards,The PrimeXBT Team. Both platforms also utilize multi signature authorization for withdrawals and the movement of funds, meaning one bad actor can’t swipe the funds without secondary signature authorization. Bitcoin was designed to be a currency and the word currency is included in «cryptocurrency. There he was awarded with the prestigious Arthur Ashe Student Athlete award. Click the ‘Claim’ button on the bonus mission you’ve completed to add the bonus amount to your reward balance.

Here Is A Method That Is Helping PrimeXBT’s Trading Contests