PrimeXBT Review 2024

Similar to Bybit, the UI/UX is clean and easy to navigate, with drop down menus that unisciti a noi make finding your way around a breeze. Read more about KYC policy. Investors can automatically mimic trades from successful strategy managers to leverage their market expertise. Uk has been helping British traders find the right broker for over 20 years. There are special tools and indicators that can be used specifically for analyzing such volatile instruments. PrimeXBT allows users to deposit BTC, ETH, USDT, and USDC. A major milestone in Cardano’s development roadmap was the addition of smart contract capability in September 2021 via the Alonzo hard fork upgrade. A quick 3min read about today’s crypto news. Com or you can contact us in the chat room on our website. But with a margin account, this is not the case. Click on the ‘Register’ button located at the top right hand side of the webpage on the website and then enter the required details and submit. Forex No Deposit Bonus. One of the many features the PrimeXBT trading platform has is the availability of an amazing charting interface and sufficient indicators to aid traders in their technical analysis.

PrimeXBT vs Spreadex

However, if you’re using traditional payment methods like Visa or Mastercard, your bank may want to verify the transaction. Although this correlation has been observed it has not been confirmed. Find out how to deposit and withdraw funds, purchase Cryptocurrencies, and fund your Trading account. To calculate your profit, you need to multiply the difference between the closing price and the opening price of your position by its size. Once you have found a suitable strategy provider, you simply need to hit ‘follow’ to get started. As you close the trade, the margin is automatically returned to your account balance. Make sure that you practice adequate risk management. Another way to get up to speed with Day Trading is to use “backtesting. For Muslim traders, PrimeXBT does not have a swap free account.

Litecoin technical analysis

Certain brokers, such as PrimeXBT allow you to deposit cryptocurrency and trade assets like FIAT currencies, commodities and other cryptocurrencies. Once you have done this you will receive an ‘Authorization successful. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Best regards,The PrimeXBT Team. Its innovative copy trading and PrimeXBT Turbo options also provide exciting avenues for traders to enhance their strategies and seize opportunities in the crypto landscape. Since its founding, PrimeXBT has grown substantially and now serves clients in over 150 countries and is a well known and respected exchange for providing clients with access to top tier liquidity and robust trading tools. Yet the platform remains accessible enough for beginners thanks to the simple buy/sell interface. When she is not writing reviews or guides about DeFi and other crypto products and services, Emma prefers to spend her time in the company of her friends and family. As your volume increases, these fees can plummet to as low as 0.

PrimeXBT com Coupon Code: Get an Extra 50% Off on Orders $100+ Select Items

Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. PrimeXBT does not charge any deposit fees. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Traders use stop orders to limit potential losses by exciting positions if the market moves against them. PrimeXBT also offers a free demo account with virtual funds. Verify their account;. The unprecedented performance attracted the attention of none other than Tesla CEO, Elon Musk. It brings us great joy to hear that our team was able to provide you with prompt and effective assistance whenever you faced any issues or had questions. Remember that leverage trading works so that you can get a return if the market price of a particular asset goes higher or lower. A copy trading feature will allow you to copy the trading strategies used by expert traders. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. It’s smart to never risk more than you are willing to lose in any investment, and especially in volatile assets like cryptocurrency. We found the competitive side of the contests also provides a fun environment for users looking to trial strategies. Mirror trading only emerged in the early 2000s, and was only originally made available to institutional traders, but the growth of trading and the digital realm of trading has opened this up and made mirror trading simple for all users. They will send out an email to the address that you have provided so that you can verify it. The BingX platform allows users to analyze the past performance of traders, assess their risk levels, and decide who to copy. By clicking on this button you will be able to select the margin trading account to which you desire to credit your bonus. In this case, if your SL/Stop Buy order was executed, this means that the ASK price of the asset has reached the price specified in your order. There are also overnight fees and the following withdrawal fees.

100x Leverage

PrimeXBT also retains the right to request KYC verification from any user at any time, ensuring compliance with regulatory standards. CFD and FX feed come from a partner company feed aggregator which sources liquidity from multiple providers such as prime brokers, banks etc. In addition, PrimeXBT fees are different for both market and limit orders. Tradable assets aside, here are the products and features PrimeXBT brings to the table. Our website uses cookies. Thank all of you for your input. Copy the best performing traders and get same returns. Zengo Wallet is the crypto wallet for everyone. Returns or profits may be subject to capital gains tax. Deposits are made through third party services such as Coinify, Changelly, Xanpool, CEX. For those traders who are more technical, they may prefer a broader range of order types and functionality. 01 BTC Equity, with more Available Margin left and less risk of position liquidation should the market move unfavorably. I am just some guy of no consequence tapping at a keyboard and I am replaceable. The PrimeXBT team has also made bold claims about their copy trading feature. Similar to Bitcoin, Litecoin is a digital currency that is expected to experience significant growth in the long term. It is of my opinion, and the 10 million users on Bybit, that Bybit is a great exchange. The team is knowledgeable and able to assist effectively with most inquiries on accounts, trading, technical issues, and platform use. The trade fees are very straightforward.

Which countries cannot use PrimeXBT?

The market has recently welcomed a fresh and new fast growing Bitcoin trading platform in the form of PrimeXBT. 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. 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. To fund a Margin Account. It ended with: “Thank you for the suggestion on our services. In addition, traders may be subjected to currency conversion fees should they transfer fees to a currency that is different from their account base currency. Charts are powered by TradingView, giving users the full suite of technical indicators and drawing capabilities to carry out comprehensive technical drawings. For example, some exchanges are very strict and require that you have at least $100,000 in assets to qualify to trade on the platform. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. 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. Now, if you click “Long” or “Short”, you can enter a take profit and a stop loss level, and when you press “Confirm” in the bottom right corner, your market order will be executed and your take profit and stop loss levels will enter the order book as conditional orders that will trigger automatically if the price meets that level. Its continuous improvement sets it apart from traditional exchanges, such as KuCoin or MEXC, and has made it an industry leading brand less than five years after its launch.

1200$

This can help you to prevent transfers to unauthorized wallets, which is handy in case anyone gets unauthorized access to your trading account. We should also note the fact that there are some fees for making withdrawals from PrimeXBT. Though founded and registered in Seychelles, with offices in St. I have opened a position at 0. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. PrimeXBT awards prizes for virtual trading contests. To gain more information about leveraged/margin trading read our how to trade Bitcoin guide. ProBit is a centralized crypto exchange with more than 400 cryptocurrencies available to buy, sell, and trade. So, beyond the cold comparisons of fees and features, let’s delve into the unique personalities of Bybit and PrimeXBT, uncovering their strengths and quirks that might ignite your trading passion. Workspace monitor the market, place trades, manage your orders and positions. Traders can easily set the leverage by adjusting the position size rather than adjusting the leverage level itself like the other margin trading exchanges. With the leverage of 1:100, you can easily increase your trading size. Advcash account email address used to make a deposit will be preselected automatically. There is no minimum deposit required to open a margin trading account at PrimeXBT. The intuitive interface and extensive capabilities of TradingView make it a valuable tool for traders looking to develop and fine tune their trading strategies. To trade with margin, users must fund their margin account after making a deposit to begin trading. PrimeXBT is 35 in our CFD broker rankings. Yes, our 4 level Referral program allows you to invite friends, family and others to try out the platform by sharing your personal referral link. By copying the trades of expert traders, I was able to benefit from their knowledge and experience. These options allow you to define the maximum loss you’re willing to take if the trade goes against you, as well as the profit target where you’re happy with closing your trade and taking profits.

Getting started with PrimeXBT

Our products allow traders to gain exposure to major cryptocurrencies, such as Bitcoin and Ethereum and others, without tying up lots of capital. There are special tools and indicators that can be used specifically for analyzing such volatile instruments. Analyze the performance of the followed strategy and decide whether it’s worth following or not. Charts: TradingView powers Charts on PrimeXBT. According to an alternative program, you can be credited $40 1,250 for each client referred. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. By and large, these fraudulent activities can occur in various financial practices, like mirror trading.

Table of Contents

3️⃣ Once the payment is completed, you will be redirected to the summary page of your executed payment. The more money you deposit, the higher the level of your account will be, and, accordingly, the lower the fees. I believe that blockchain technology can build a brighter future and am excited to be part of it. Save your heart don’t bother. Even our hiring went global as we looked for affiliate managers in places like Brazil, New Zealand, Malaysia and Argentina. They have also designed this platform around “widgets”. Is their response time reasonable, i. PrimeXBT has been growing in popularity as they attempt to take on some of the more established Futures and CFD brokers that operate in the space.

Bernd K

However, if you are a regular user of limit orders, then check out our Bybit review. To make a Cash deposit with a new email address, navigate to the ‘Deposit section of your account or simply click the ‘deposit’ button in the drop down notification box. For example, Ethereum had significant problems before merging regarding gas fees. According to analysts, the cost of LTC will decline greatly by the middle of the year and level out towards the end. 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. Each round starts at the beginning of the week and ends within the same week. Margin trading platform – trade Crypto, Indices, Commodities and FX with up to x1000 leverage, allowing you to maximize your profit potential and earn from both rising and falling markets through CFD contracts Contract for difference. We use cookies to improve your experience. Deposit Purchase crypto via bank card or transfer via third party companies. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Other important features include basic trading conditions, commissions and fees, customer reviews. Overall, if you are itching to use your crypto for stock indices, PrimeXBT’s platform gives you a way to diversify your well earned crypto with other assets. The claim button appears only when at least 3 referrals are verified. Leverage “amplifies” market movements. 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. Dirk Hartig, Head of Trading Education bei PrimeXBT, schaut auf die vergangenen Krypto Jahre zurück und gibt einen Überblick, wie sich Bitcoin and Co. To activate your $200 deposit bonus. Step 1: Navigate to the Official website and Go to the registration page. They ask to deposit first ,, 0.

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The platform also caters to forex enthusiasts, providing access to an extensive range of forex currency pairs. LitecoinEthereumRippleBitcoin Cash. Once a customer has decided which trader they would like to follow, they will need to make sure the funds they want to copy trade with are in their main wallet, not the trading wallet. Base Account Currencies. Trade: Details of orders and positions can be found on the trade page. In addition to 40+ cryptocurrency margin trading pairs, the platform also offers forex, stock indices, commodities, and more. Trading contests are becoming very popular as skilled traders can compete for extra cash and prizes. 1% of the required capital in order to take out that position. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The bonus will be removed from Trading account on its expiry date. It is a standalone derivatives trading platform with inverse and perpetual futures contracts with up to 1:100 leverage.

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By clicking Continue, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Returns or profits may be subject to capital gains tax. It is also possible to buy crypto to add to long term holdings using either the browser based platform or the award winning mobile application. Individual altcoins have, in many cases, lost as much as 90% of their value. Alternatively, you can deposit and withdraw Tether USD USDT and USD Coin USDC using ERC20, BEP20 and TRC20 networks. The dynamics and reason behind this is very simple to understand. A withdrawal requested before 12:00 UTC will be processed on the same day. KHAIRUNAIM HASSAN Says. You’ll receive a margin call if your free margin i. This feature is appealing to users who prioritize privacy and wish to trade anonymously. Traders can scour through some of the top performing traders and choose to copy their trading activity, providing a potential side income. ChangeNOW doesn’t charge a lot of fees and the fixed rates don’t change and are set as per ChangeNOW. Covesting users can view their portfolio, along with information on their current performance. Forex Traders on Social Media. Once you have funds available in the trading account, you can click on “Trade” from the top navigation bar. Bybit has seriously ramped up its security framework in recent months, leading to independent security firm Certified listing them as a top ten most secure exchange, giving them a Triple A security rating. As mentioned above, numerous factors are fueling Bitcoin’s adoption, primarily institutional interest and the relatively new exchange traded funds. Not without risks, margin trading via PrimeXBT now covers 18 currency pairs, spot contracts for gold and silver, and CFD contracts for oil, gas and stock indices. You can continue trading with the negative balance as long as it does not exceed the Bonus amount and the Trading account Equity remains positive;. The current 24H withdrawal limit of your account can be viewed on the ‘Settings’ section of your account. This is a wide ranging service, perfect for those who are interested in the derivatives market. PrimeXBT provides 24/7 customer support through live chat, typically responding to queries within 2 minutes. Only to find that you chose the wrong exchange for your needs. With this also comes high cybersecurity standards that are regularly tested and audited to protect client’s capital.

Web3 Evangelist

You can reset your account password using the Password recovery feature. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. PrimeXBT utilizes extensive cyber security implementations to ensure that strict measures and practices are in place to protect customer funds against risk. Make sure to review our detailed guide about deposits to the platform. The platform offers its diverse customer base cutting edge products and professional trading conditions. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. More often than not, when a trader chooses to hedge a position, they will find a correlating asset or company. Reports: Users can view trading and transfer histories via the Reports page. The company launched in 2018 and now has over 1 million users from more than 150 countries. PrimeXBT’s copy trading offers many advantages. Here are some options you may consider. Users can deposit, withdraw, exchange, and transfer Crypto. The ‘Messages’ widget contains all system messages with a detailed explanation of why an order was rejected. Dogecoin price history is long and rich, yet, until this day, Dogecoin still struggles to break the $1 barrier. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. You might also like: PrimeXBT Minimum Deposit. Copy trading eliminates the needfor constant monitoring and analysis by automating the process. What began as a vision has rapidly evolved into a global force, now serving clients in over 150 countries. PrimeXBT charts reflect top of the book BID quotes received from our liquidity providers not FILL prices. I quickly added more funds to cover and I began to walk my money out.

Web3 Explorer

For USDT and USDC TRC 20 tokens the TRON network is also available. Positions do not have a time limit and can remain open indefinitely, as long as available margin does not drop to 0%. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. How to Buy SharesBest Shares to Buy on JSEJSE Top 40JSE All Share IndexA Z Shares ListTop 100 SharesA Z Funds ListHow to make your first trade. PrimeXBT also charges overnight finance fees for holding a position open overnight, but this varies from trading pair to pair. This feature allows investors to trade long or short, providing an opportunity to capitalize on market movements across various asset classes. 300% to 600% can be achieve. At the moment PrimeXBT supports BTC, ETH, USDT, USDC and COV deposits. Similarly, if you opened a 0. ” If you have a live account, you would see a list of positions with the following columns for each: symbol, position ID, time and date, side, size, fill price, current price, take profit, stop loss, and P/L. These include all of the momentum indicators as well as relative strength and volume based studies. These products are not suitable for all investors. 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. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. This decision was made to maintain stability and prevent margin valuation manipulation on our platform. Finally, excessive leverage may lead to loss of funds far sooner than you might have ever intended. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative.