PrimeXBT

On the PrimeXBT platform, you can either click the market watch window where it says «Trade» next to the price quote or click the «Sell» button at the top of the chart. Elliot Wave II, achieving a 100% win ratio across 22 orders, presents a balanced approach with a monthly profit of 27. Conversely, experienced traders with a higher How to short Prime XBT tolerance for risk might consider using higher leverage to potentially amplify their gains. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. You can see the plethora of advanced trading options supported by Bybit, which has made this one of the top exchanges in the world for professional traders. However, we would love to explore the option of including other fiat currencies in the future. Unlimited for verified users. Here you’ll find an extensive list of all the legal documents detailing our services. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. They can gain value based on the level of demand and supply. PrimeXBT, established in 2018, is an online trading platform that provides advanced financial technology to traders worldwide, helping them maximize market opportunities. I am currently trying to get my crypto returned that I deposited from my own crypto wallet into their exchange. Please note that KYC Know Your Customer is a regulatory requirement to ensure the security and compliance of the platform. Com shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it. Scan this code to download app.

Key Takeaways

PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. Simply download and install the PrimeXBT APK to access all account management tools directly on your Android device. Very High Triple A rating by Certified. Prime Technology Ltd is PrimeXBT’s Technology Provider. Customer Due Diligence CDD may be initiated at any time to verify identity or source of funds, safeguarding against misuse and ensuring adherence to Anti Money Laundering AML requirements. This would surely go a long way to reassure OKX customers that they can safely trade on their platform. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. Navigation was intuitive, with all the essential tools and indicators just a click away. It’s known for its strong security measures and diverse product offerings. Bitcoin represents a decentralized financial innovation with the potential to supplant traditional fiat currencies worldwide. Switching markets and searching trading pairs on PrimeXBT is straightforward. Direct Crypto deposits allow you to seamlessly transfer cryptocurrencies from your personal crypto wallets directly to your PrimeXBT Wallets, enabling quick and secure funding of your trading account. View details of the current PrimeXBT status below. On the right side of your position, you can find a little “x” mark that you can press if you want to close it. 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. Once you place a trade using this order type, your trade request gets executed immediately at the best price available in the order book. We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT. You can then buy, sell, and trade cryptos without giving any personal details or documents. The platform employs cold storage for the majority of funds and integrates two factor authentication for an additional layer of protection. The Ethereum network pioneered technology for DeFi, Web3, smart contracts and decentralized applications. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. 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. PrimeXBT is primarily designed for trading, and while we offer robust trading options, it’s important to note that our platform is geared towards active traders.

PRIMEXBT Promo Code — Get 50% Off in September 2024

This is one of the best options for building a diversified portfolio – CoinEx supports over 1,000 coins. Margin accounts are popular for a reason, despite the risk that can often be involved. We actively monitor feedback and discussions from various cryptocurrency forums, including Bitcointalk. Here is an example of margin trading in the crypto market. M2: Buy Bitcoin and Trade Crypto. This means that users can insert a new panel onto any one of their desired workspaces. You can find a full breakdown of their fees on the PrimeXBT fees page. Although high leverage e. Before putting any money to work in the Forex market, you should do some analysis. So I can trade everything on the one trading platform. This is trading crypto futures on separate interface As for opening trading account, everything was smooth. You can open an account and start trading with just your email address. When it comes to approaching the stock market, there are so many different options across so many different countries, and. Becoming successful takes plenty of time and practice, and often new traders end up losing money before they learn enough from their mistakes to correct them and later become successful. Trading cryptocurrencies is easy for any trader despite their level of experience. What you should know about high risk investmentsRead more. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms.

PrimeXBT Bonuses and Special Offers

The web version of the platform is available on all browsers and does not require downloading any software. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. If you are in the US, you may have to be over the age of 21. PrimeXBT is an acceptable choice for day traders. You can conveniently sort them according to their total profit. PrimeXBT delivered a seamless trading experience. By carefully managing their risk and capitalising on a well timed market move, the trader manages the power of leverage to achieve a profitable outcome. Please let me know reviews. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. ETHEREUM TRUST also marks a strong entry in the Copy Trading landscape, recording a monthly profit of 154. The vast majority of blockchains, excluding privacy coins, are public. OpenPeer is a decentralized peer to peer exchange built on EVM networks like Ethereum, Binance Smart Chain, and Polygon. Comments:As a trader for more than twoyears I appreciate the platform ‘s user friendly interface, extensive range of tradable assets, and the availability of leverage for margin trading which is very appealing for me. The “Unbound Networking and Accelerating Growth Initiative” seeks to bridge the divides between diverse blockchain services and networks, heralding a new era of interconnectedness. The latter will not apply if you enter and exit the position within the day. Different exchanges offer diverse forms of leverage. On Sunday, the attacker dumped 50k ETH on chain, with ETH’s price dipping by almost 7%. There is nothing worse than going through all the research, KYC verification, sign up process etc. To verify your account, just click on ‘Settings’ from the Account dropdown menu. BitSeven only allows BTC deposits and withdrawals which is usually the case with high leverage Bitcoin margin brokers. The last month of the summer was hot on the Copy Trading leaderboards.

How To Open a PrimeXBT Account

Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Quarterly USD futures are available at Bybit in combination with BTC, ETH, XRP, EOS, LTC, and multiple tokens. However, it has become standard on most trading platforms. Trading or adjusting your positions are really easy and intuitive. 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. Our website uses cookies. The overall trading interface is straightforward and easy to work with. Another example is LTC – for cross margin, its highest leverage is x50, but for isolated margin, it is x30.

Is my data secure on the PrimeXBT App?

Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. Your email address will not be published. Looking for a straightforward PrimeXBT review that tells you if it’s a worthwhile platform for trading in 2024. To prevent Liquidation and manage the risks, we highly recommend using Stop Loss and Take Profit protection orders. At PrimeXBT, we strive to offer engaging and rewarding trading opportunities to all our users, from experienced traders to newcomers. Let’s take a bird’s eye view of the products available on PrimeXBT. 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. But what can you do with it. PrimeXBT is a prominent platform in the trading world, offering a range of financial instruments, including Forex. To view or add a comment, sign in. Learning how to trade commodities can be a lucrative strategy in the financial markets. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Nevertheless, I appreciate the opportunity to benefit from such good conditions. You can set up additional Protection orders for any new Market, Limit or Stop order by clicking on the box Place Stop Loss/Take Profit in the order form. 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. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. Investment Performance Comparison: Investors and financial professionals use the SandP 500 as a benchmark to evaluate the performance of their portfolios or investment strategies. Users are provided with 2FA features to ensure account security, mandatory Bitcoin address whitelisting, cold storage of digital assets with multi sig technology, hardware security modules with rating of FIPS PUB 140 2 Level 3 or higher, full risk checks after every order placement and execution, encrypted SSL https to encrypt and secure website traffic, cryptographically hashed passwords, and more. By using minimal margin, it allows traders to «dip their toe into the water» before «going all in. Initially used to hedge market risks by farmers and corporations, these futures markets are now just as likely to be used for speculation. PrimeXBT 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. PrimeXBT is excited to announce that we will be at the world’s largest Crypto event, TOKEN2049 Singapore, which will take. However, depositing fiat currency requires KYC verification. A withdrawal requested before 12:00 UTC will be processed on the same day. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles.

3 Competitive Fees

The exchange offers a 100x leverage, or for every $1, you can trade up to $100. PrimeXBT Turbo is another extra feature, if you are interested in fast, risky trading. Using the more modest price target, XRP could still potentially reach $23 per coin. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. It is of my opinion, and the 10 million users on Bybit, that Bybit is a great exchange. A community for news and discussion about cryptocurrency finance. We’re glad to know that you’ve found the benefits valuable. Compare PrimeXBT with any other broker by selecting the other broker below. PrimeXBT supports trading Crypto, Commodities, Forex, and Global Indices. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. You have crypto rewards waiting to be collected. To view or add a comment, sign in. As mentioned earlier, some large companies have already adopted Bitcoin as a means of payment. We’re here to help ensure your trading experience continues to be positive and successful. While the broader crypto market experiences wild swings, XLM trades sideways, seemingly unfazed by the drama. For example, it might allocate funds to any of these coins whenever their price drops by 1. This site contains affiliate links to products/services. The platform offers a very limited range of crypto futures markets and conditional orders. When it comes to trading on PrimeXBT, the platform’s real world performance is of paramount importance. Our team found that it normally takes around 40 minutes. Scam Forex Brokers in Namibia. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. 💰 No minimum deposits required 🤝 Copy trading features available ⚡️ Fast execution times 🌟 Wide range of assets to trade 🔒 Proprietary wallets for security 🛠️ Market tools and customizable interface 📚 Educational materials provided 🆓 Demo account option for trying out the platform 🌐 24/7 customer support available. His professional affiliations underscore his commitment to excellence and continuous learning. I tested both versions and found that they offered a smooth trading experience without any significant compromises. LinkedIn and 3rd parties use essential and non essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads including professional and job ads on and off LinkedIn. If you ever need assistance, don’t hesitate to contact us at.

Legal

Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. KYC is an acronym for ‘know your customer’ or sometimes, ‘know your client’. When you feel like revenge trading, always remember this point – The market doesn’t owe you anything. This is because it is highly volatile, and moves can be sudden and not always in your favor. If activating multiple promo types, it is also important to note that: – only 1 Reward promo type may be active at a time – multiple active Trade Fee discount promo types are NOT additive; only the highest active trade fee discount will be in effect at any given time If attempting to activate 2 campaigns of the same type, a notification window will pop up. Sign up FREE to receive our extended daily market update and coin analysis report. PrimeXBT offers a range of widgets that you can add to your trading interface. If the issue continues, contact PrimeXBT support. However, we would love to explore the option of including other fiat currencies in the future. Do not incite or encourage illegal activities such as promoting leaks, buying/selling drugs, tax evasion, gambling, pyramid schemes. Trading fees are a really important consideration as they can directly impact your profitability in the long run. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income. To reset PrimeXBT back to default settings, go to the platform’s settings menu, locate the option for “Reset to Default” and confirm the reset action. The bonus funds are available for two weeks after activation, and be used as additional collateral to open positions. The Orders Widget reflects all details about your active orders and allows you to manage these orders. PrimeXBT is a Bitcoin based award winning margin trading platform offering exposure to Forex, Commodities, Stock Indices, and Crypto assets like Cardano, under one roof. Master Marcin, with a commendable 93. It is difficult enough to handle high leverage trading. Polkadot, a protocol that allows data or assets of any type to be transferred between blockchains, making a wide range of blockchains interoperable, with its DOT token serving a utility purpose. PrimeXBT is a perfect match for copy traders. Through 24/7 live customer support and advanced tools, we empower our users for trading success. As Q2 ends and Q3 begins, Bitcoin bulls are left wondering what could be in store for the cryptocurrency.

Day Traders: Acceptable choice

Example: with 1:100 leverage I only need 0. @official forex management page. Switching markets and searching trading pairs on PrimeXBT is straightforward. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. By understanding the user demographics of PrimeXBT, traders can gain insights into the platform’s market appeal and the types of individuals who are drawn to its features and benefits. @official forex management page. The lack of portfolios to browse and copy is a con in itself. If I get my crypto in a timely manner I will repost my experience update the people on th truth. However, speculation points to enormous projected growth. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Risk can be mitigated with proper strategies and in the hands of a skilled trader, a margin account can be powerful. Each strategy requires a solid understanding of market dynamics and robust risk management to be successful. 🌟 Join the PrimeXBT affiliate program today. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. This feature, part of its Covesting module, allows users to replicate the trades of top traders, thereby gaining access to a range of instruments like crypto, FX, and commodities. Also, this allows you to gain instant access to multi currency Covesting Strategies as a Follower, open your own Strategy or trade on a private margin Trading account using a collateral currency that is most convenient for you. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders. Please note, some markets may only be available via CFDs or other derivatives. Those phases of counter trend moves are called price corrections and can be measured with Fibonacci levels or determined using tools like channels and trendlines. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. PrimeXBT is a crypto exchange that is not currently regulated or licensed, which raises safety concerns as it’s harder to ensure the safety of user funds traditional assets and transactions. In response, PrimeXBT may send an email or message with a coupon code to encourage you to return to the site and finish the purchase. Reply from PrimeXBT Copy Trading. This table provides a clear comparison of the features offered by PrimeXBT and BitMEX, helping traders make an informed decision based on their specific trading needs and preferences. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. Copyright © 2024 Orondora Int’l Schools. Cryptocurrency deposits on PrimeXBT typically take between 10 minutes to an hour to be credited to the user’s account.

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In addition to Crypto, the platform also allows trading in traditional financial markets, including Forex, Commodities, and Indices. Cryptocurrency trading instead provides holders of Crypto with an alternative to investing – profiting from both market downtrends as well as uptrends. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. A stunning ongoing rally, and exceptional performance over the years despite the setbacks, made it a top 10 CoinMarketCap featured token. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. Other important factors to consider when researching alternatives to PrimeXBT include features. This allows you to significantly increase your market exposure and profit potential. Reply from PrimeXBT Copy Trading. I have my emails and will post online for future people to see. It’s important to note the difference between maker and taker fees.

PrimeXBT what is it?

However, the absence of custom price alerts was a notable drawback. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. From everyone here at PrimeXBT, we’d like to wish you and your loved ones happy holidays, and a prosperous new year. For instance, BTC withdrawals are pegged at a static 0. 59% and a minimal all time profit of 5. PrimeXBT’s copy trading platform is designed to be user friendly, enabling both novice and experienced traders to benefit from the expertise of others. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. When we used PrimeXBT, we rated the competitive leverage rates, with cryptos BTC and ETH offering up to 1:200. Because of PrimeXBT’s custom trading interface, this screen is highly customizable. We’re always looking for ways to make our traders’ experience easier, especially when it comes to funding. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. The trader decides to use that cash to pay for half of the position, which is 100 shares. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. What you should know about high risk investmentsRead more. Considering the risks inherent to cryptocurrency exchanges, PrimeXBT is taking necessary steps to keep their platform safe from exploitation. Coinbase is the better crypto focused platform, while PrimeXBT is better for traders who want to trade CFDs and multiple different markets. Unfortunately, seems like there is no data available for PrimeXBT because of exchange inactivity. The marketplace offers NFTs with zero fees from the digital art, collectables, GameFi, Metaverse niches, and more. A verification email is sent to the trader’s email ID; after clicking that link, they are automatically logged in to the account.

Worse

Proportionally in fact, transaction volume increase 567% from 2020 to 2021, but access to a financial crimes enforcement network, ensured that illicit activity only increased 79% YoY. Towards the top of the interface, we can track the status of our PrimeXBT account, including our current profit/loss, available margin, and more. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. To register on PrimeXBT, you need an email address and a password. This includes most “signals” groups which may also be PnD groups by disguise. Com in your email settings and request the withdrawal again. Moreover, PrimeXBT charges no fees on deposits. It’s always a nice touch when an exchange includes additional material to help smooth your trading experience. This strengthens PrimeXBT’s overall security and helps to promote a safer global financial community. Most of the coins kept at PrimeXBT are stored in cold storage, off line and disconnected from the internet, avoiding any risk of hackers penetrating the network. However, there were a few areas of disappointment. Combination of these regulations and positive reviews made me think that I tie with a robust platform. 00, and by Friday it had only modestly declined to $3,195. Recently Added Software. Join the thousands already learning crypto. To add funds to PrimeXBT, log in to your account, navigate to the “Deposit” section, choose your preferred deposit method crypto, bank card, or fiat, follow the instructions to complete the transaction, and your funds will be credited to your PrimeXBT account. Strategy managers on PrimeXBT’s Covesting platform provide transparent performance statistics, including. All in all, PrimeXBT appears to be a very well rounded trading platform. XRP is also very new in terms of its place in the financial world and is decades away from becoming what it is setting out to do. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. Implement proper risk management techniques to protect your capital and minimize potential losses.