PrimeXBT Review 2025
Lee is still heavily involved in the project and is the Managing Director of the Litecoin Foundation, a team dedicated to pushing Litecoin adoption, increasing its value proposition in the market, and establishing Litecoin growth in the long term. We personally contact support using all available methods and present hypothetical problems that users might face. You can enter promo codes during account registration, in your user dashboard, or in the ‘Promo Code’ section to unlock these benefits. Source: Semrush, April 2023 – April 2024. Volet deposits are free, while Perfect Money charges a 1. For example, the withdrawal fee for Bitcoin is typically 0. They have developed their own trading technology, making the platform robust with plenty of key features. You also get full account management functionality in the palm of your hand. Some top alternatives are Amazon, CJ Affiliate, and ShareASale affiliate programs. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Without KYC you will not be able to deposit from bank cards. So, how do these distinct elements collectively shape the trading experience on PrimeXBT. 1, as well as 0 fees. The benefits, though, can be substantial. Comprised of decentralized networks, blockchain technology is not overseen by a central authority. Although to manage their current payments and withdrawals, the platform has no choice but to utilize hot wallets; however, only a limited number of assets are kept in hot wallets. For instance, closing positions before the end of the trading day can avoid these fees altogether. If I had to give an edge here after using both platforms, I would have to say I prefer Bybit as the trading interface. Others, especially the passive ones, are fairly easy to do, but they do not offer the same earning potential. This is part of the risk you are taking by being a trader. This site contains affiliate links to products/services. The platform offers a multitude of advanced features, competitive fees, various trading preferences, and robust security measures. Crypto is also highly lucrative, but the volatility can also be a con. Here’s a step by step guide to help you activate them. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. Please reach out to us via email at. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. 3800, with a solid baseline at $0.
PrimeXBT Review – Margin Trading FAQ
Enjoy some of the lowest fees in the industry, designed to maximise your potential and keep your trading costs low. In the chart below, HODLing during a bull market can help mostly unskilled investors from being shaken out during violent corrections. As recently as September, experts were still speculating on whether or not XRP could become the next bitcoin or ethereum. BitMEX was the first bitcoin margin trading platform with perpetual contracts at up to 1:100 leverage. The global platform is available to customers worldwide, except for countries with service restrictions such as the U. However, I wish there were more technical analysis tools available. The fund will only be used for a judgment that has been issued by the Financial Commission. 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. 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.
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Profit from the markets by following the experts. ALL IN ETHER reflects a perfectly aligned monthly and all time profit of 105. Depending on your jurisdiction, some products or services might not be available. 3 billion fine for failing to comply with AML regulations. Watchlist Management: Traders can favorite frequently traded assets and easily filter them PrimeXBT बॉट से कनेक्ट करें using the market search feature. Receive the latest news and stay informed. We’ve got you covered with access to 100+ global markets on one platform. After a Bitcoin deposit, it requires 3 block confirmations which usually take around 40 minutes. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. The Welcome Bonus is an excellent way for new users to begin trading with additional capital, but it’s crucial to be aware of the associated terms and limitations. It maintains an active community across social channels and runs community events, which positions it as a more community centric platform. ” Determine your position size by adjusting the “amount” field and set stop loss/take profit levels.
Access more products from a single accountAccess more products from a single account
PrimeXBT offers various bonuses, such as deposit bonuses, fee reduction bonuses, and percentage based bonuses. AMF in France Regulated. No, US citizens cannot use PrimeXBT as the platform restricts its services to users or residents of the United States of America. You can only withdraw fiat using the same payment method you used for deposits. However, you should be aware that many payment systems charge their own fees for transfers. Understanding the fees associated with Forex trading on PrimeXBT is essential for traders aiming to maximize their profitability. Receive the latest news and stay informed. We have done our extensive research and in this PrimeXBT review, we’ll let you know if you should use this derivative trading platform.
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Providing clear, responsive, and reliable assistance is what we strive for. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Liquidity risk is the risk that you or your followed traders are unable to close a trade at a certain price, within a reasonable amount of time. But, the transparency of this process raises questions. However, this does come with high risk of loss and certain information you absolutely need to know. 35350 = 25 point loss. Telegram on the other hand can be set up to automatically act on signals received, simplifying the process and helping you avoid missing potentially profitable opportunities. Yes, the PrimeXBT bonus is generally available to all new users who meet the requirements and complete the necessary steps to claim the bonus. By holding your Ethereum for the long haul, you position yourself to benefit from potential price appreciation. However, insurance coverage is still rare within the crypto industry. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. It can be downloaded for both Android and iOS. This is an alarm bell for many, as it means there is no authoritative body to hold the platform accountable or enforce any sort of laws or rules. Marinade Staked Sol MSOL. When I first got into crypto, I was on a mission to find the perfect exchange for myself and spent countless hours exploring crypto exchange platforms that failed to meet my requirements. I may have to take things to a different platform if this applies to when I actually trade the size I want to. EToro is known for its strong regulatory compliance, being regulated by multiple financial authorities including the FCA UK, CySEC Cyprus, and ASIC Australia. We’re here to help ensure your trading experience is efficient and rewarding. 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.
PrimeXBT Customer Service Test
You can conveniently sort them according to their total profit. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. This type of order is particularly useful for risk averse traders who prioritize capital preservation. The growing integration of Shibarium into the ecosystem and the increasing utility of SHIB in NFT and metaverse applications are critical factors that could push SHIB to these price levels. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. The rewards Iv earned still wouldn’t equate the the difference on what Iv calculated me to have vs what is showing in total value. You will head on over to your dashboard section. The exchange can be a good choice for those who are looking for an alternative to major market players and are ready to invest time in mastering new trading instruments. It supports over 50 major blockchain networks, allowing users to store, buy, sell, and swap thousands of cryptocurrencies, including Bitcoin, Ethereum, and USDT.
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Our website uses cookies. One notable feature of PrimeXBT that is very advantageous to traders is that it doesn’t charge any fees on deposits or withdrawals. That said, it’s wise to withdraw most of your funds you don’t plan on actively trading to private wallets you control, mitigating some security and regulatory risks, and use funds on PrimeXBT explicitly for trading purposes. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. Some coupons may be valid for a few days, while others may last for several weeks or even months. Sometimes, traders will find correlating assets or companies to do the same thing as well. Even more concerning, they do not have Ethereum breaking above $2000 until April 2025, only to turn around and start falling again. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. As easy as clicking a button on your trading platform. If you are a cautious trader, you might want to choose an order type that will enable you to limit losses. It securely executes and verifies application code called “smart contracts. It costs more to execute a full sized EURUSD trade with PrimeXBT than with the typical STP broker. Date of experience: November 07, 2024. Date of experience: October 08, 2024. For a full list of the Crypto CFDs getting the leverage increase on our Global Markets platform, see below. Although they have the same commission for your direct referral, BitMEX does not offer tiered referral payouts. Leverage reflects the amount of your own funds margin required, in comparison to the size of the position you wish to open, i. Example: BTC was always. PrimeXBT charged me a withdrawal fee of 0.
Do you need KYC to buy crypto?
I think this is not suitable. These are hosted on AWS web servers which are known to be one of the best in the industry. If you are going to put $100 in Bitcoin, this does mitigate financial disaster, and you can add to your holdings at any time in the future. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. 🌟 Hey there, curious investor. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. Binance review compared to PrimeXBT. PrimeXBT is a newer crypto exchange and brokerage company. Before adopting Prime XBT, I had issues receiving and sending earnings. Well, you can take advantage of these types of market moves with OCO orders. You can open an account and start trading with just your email address. Select which of these Cryptocurrency wallets you would like to access, and make a deposit. 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. An additional benefit for PrimeXBT traders is the absence of fees for account deposits. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. Cryptocurrency deposits offer several advantages, including lower fees and faster processing times compared to traditional fiat deposits. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. I also like their security measures which assure me my account is cyber attack free. Dogecoin’s price chart looked quite chaotic when a pump driven by Elon Musk, TikTok, and other mainstream investors, happened. Some products and/or services might not be covered by the Compensation Fund. Com, is a beginner friendly exchange where you can buy and sell crypto with fiat USD or your local currency. The broker also offers crypto futures on its other trading account.
How to Аctivate the Fee Reduction Bonus?
Strategies to minimize trading fees include optimizing the number and size of trades, avoiding overtrading, choosing the right time to trade, and leveraging advanced trading tools and features offered by PrimeXBT. If you have any further questions or need assistance, please feel free to reach out to us at. Only for verified users. Catering primarily to advanced traders, OKX offers several trading options and tools. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. 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. PrimeXBT offers you a chance to earn free Bitcoin that you can use to trade and net profit. I opened this long position with a tight stop loss. PrimeXBT employs advanced security measures and algorithms to monitor transactions.
What are the benefits of Commodities CFDs?
The FSCA mandates that brokers offer quality education to beginners, and PrimeXBT has published 390+ educational articles. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Because of this, it is not immune to outside influence from the Crypto world. Each instrument trades differently, and if a trader is experienced with Bitcoin trading, why not leverage the experience from someone who is an experienced forex trader. This occurs when you place an order and the price that you get is nowhere near your desired entry point. This sets it apart from other trading platforms. One, designed to support Dapps for enterprise and businesses by creating a shared computer resource system via the blockchain. Yes Bitget offers fiat on and offramp services via third party integrations. I would say yes, as PrimeXBT has been operating successfully for a number of years and is enjoyed by millions of traders worldwide with thousands of positive reviews, but how “legit” can a broker be without licensing or regulation. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. When it comes to KYC, MEXC does have KYC, but it isn’t mandatory. This bonus provides traders with the opportunity to increase their margin and enhance their trading capabilities without additional investment. Unfortunately for PrimeXBT, this section of our review managed to score them quite low with regards to the competition. 07%, its long term performance remains remarkable, maintaining a solid base of 183 followers who have collectively entrusted over $65,000 USDT. As well as this, the exchange offers earn products and promotional rewards. Trade the Futures market with perpetual contracts on popular Cryptocurrencies like Bitcoin and Ether, with flexible funding rates and low Maker/Taker fees. Here, we’ll explore some key factors to consider when making this critical decision for your crypto leverage trading strategy. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Very High Triple A rating by Certified. Has no owner; if anything it’s owned by the public. Some key features of PrimeXBT include. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies.
Bitcoin price predictions 2025–2050: third party price target
This article is not intended for residents of the European Economic Area or the United Kingdom. Information regarding past performance is not a reliable indicator of future performance. When it comes to approaching the stock market, there are so many different options across so many different countries, and. The price today certainly will not reflect the price tomorrow. We’re glad to hear that you’re enjoying the variety within our copy trading options, especially noting the success of traders specializing in CFDs alongside those in crypto. Some products and/or services might not be covered by the Compensation Fund. As the pair moved from 1. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. Invest time and effort in learning and refining your trading skills through educational resources, trading courses, practice accounts, and networking with other traders. At PrimeXBT, we offer negative account protection, meaning that we constantly monitor any positions that threaten both parties involved in the loan to keep disaster at bay. The required margin is different for each trade, so make sure your account is appropriately funded. These include cryptocurrencies, commodities, stocks, and indices. 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. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. PrimeXBT integrates TradingView charts, which is a nice feature. In copy trading, market risk is the risk of changing prices in Forex, stocks, interest rates, and other assets that can negatively impact your copied trades. The services of BingX are not available to Canadian citizens, who are directed towards other beginner friendly exchanges such as Uphold. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Given that PrimeXBT does not conduct these unless they have concerns about suspicious activity, it means that it frees up a lot of time for their agents to answer the most pressing questions for the traders. Following real traders you’ve actually conversed and developed a relationship with can inspire extra confidence in their human competence, not just algorithms. You can purchase Ether with cryptocurrencies and fiat payment methods like Visa and Mastercard or use the peer to peer service to buy from other customers. I also found the platform intuitive and feature rich, offering a massive assortment of analytical tools and chart configurations. It has gained popularity for its crypto margin trading capabilities. Once you find a trader you want to copy, allocate a portion of your funds to follow their trades. Although it has been a significant commodity in the past,.
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Scan the QR code with your device’s camera and get APK file. Offer is Applicable: New Traders. Don’t worry, we don’t spam. However, if you’re completing the leveraged position within 24 hours, then you don’t have to pay any fee. To understand this, you’ll need to know the basics of trading on PrimeXBT, which you’ll learn in the following rapid fire Trading guide. They’re not available in some countries, they also don’t offer lending services and there’s a limit on direct cryptocurrency transfers. Go to the ‘Hub’ section from the main dashboard, and click on ‘Promo codes’. 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. In the next section, we will discuss the importance of developing a solid trading strategy for instant trading on PrimeXBT. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. Unlike with CFDs, in this case, the buyer is the owner of the coin and has to take care of storing it. They offer the high liquidity and user friendliness of centralized exchanges while incorporating the security and privacy benefits of decentralized exchanges. WE SHALL PUBLISH A NOTICE ON OUR WEBSITE OF ANY CHANGES THAT WE DECIDE TO MAKE MODIFICATIONS TO THE FUNCTIONALITY AND IT IS YOUR RESPONSIBILITY TO REGULARLY CHECK OUR WEB SITE FOR ANY SUCH NOTICES. The platform will then send you an email to complete the verification. Returns or profits may be subject to capital gains tax. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. With support for multiple cryptocurrencies and instant fiat deposit options, PrimeXBT ensures that traders can quickly and easily fund their accounts to start trading without delay. After filling in the fields, click on the button to confirm registration. 4 million operations per second. Depending on your jurisdiction, some products or services might not be available.
Supported cryptocurrencies
It must be entered into a special box on the site. When it comes to storing your passwords, PrimeXBT state that they use the “bcrypt” algorithm. This user friendly app integrates all the powerful features of PrimeXBT, enabling you to execute trades, track market developments, and manage your investments on your Android device, wherever you are. Scan this code to download app. PrimeXBT does not offer any real stocks for value investing. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. Is Binance a no KYC exchange. PrimeXBT offers trading with up to 1000X leverage for CFDs and up to 200X leverage for Crypto Futures and Crypto CFDs. If you have further concerns or suggestions, please don’t hesitate to reach out at. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Do not make random unsolicited and/or controversial comments with the intent of baiting or provoking unsuspecting readers to engage in hostile arguments. Its flexibility, security features, and broad integration across various blockchains contribute to its leading role in the oracle space. Be sure you fully understand the risks involved in leveraged trading before using leverage on a live account. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Using PrimeXBT, traders can access global markets from anywhere in the world, right from their fingertips. This primexbt review of mine is long overdue, lol. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Returns may be subject to tax. Bitpanda is a cryptocurrency broker based in Austria that launched its service in and offers individuals to buy and sell more than 89 cryptocurrencies. It occurs due to rapid market movements and can result in higher costs for market orders. Once you choose a trading strategy, you’re almost ready to place your bet on Bitcoin. With its user friendly interface, advanced trading tools, and seamless integration with the PrimeXBT platform, the app is an essential tool for traders who want the flexibility to trade anytime, anywhere. Profit from the markets by following the experts. The Dogecoin community is extremely active, and in the past, raised over $55,000 at the market price at the time to sponsor a Nascar driver, Josh Wise, to run Dogecoin and Reddit paint on the car during a race. The registration process is quite simple. This transparency helps you choose a trader you’re confident in copying.
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Considering how transparent and trader friendly the entire fee structure is, PrimeXBT is a more affordable choice than many other brokers. Returns or profits may be subject to capital gains tax. Copyright © 2025 EA Trading Academy. The devastating crash rocked all of Crypto and other markets, so ADA wasn’t spared either. As adoption continues to grow, many analysts have offered bullish long term price forecasts for the LINK token. For instance, funding fees for BTC on Binance and Bybit were both 0. Receive Cashback With A 500 Deposit Using Primexbt. Review your account for any unauthorized trades or withdrawals and request a hold on further transactions until the issue is resolved. Returns may be subject to tax. Information regarding past performance is not a reliable indicator of future performance.
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Throughout my testing, the app performed smoothly without any bugs or glitches. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. Much like stocks, commodities, or forex currencies, these digital assets can be traded in financial markets on cryptocurrency exchanges or professional trading platforms, like PrimeXBT. This indicates a high level of accuracy in order fulfillment, a crucial element in volatile markets where every second counts. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. With that, many people want to know how to make money with cryptocurrency. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. PrimeXBT places a strong emphasis on providing excellent customer service to ensure a smooth and satisfying user experience. You can find a full breakdown of their fees on the PrimeXBT fees page. Remember, exchanges operate on fees, so don’t be surprised to see a cost tacked on for each Bitcoin purchase.