What customer support and educational resources does PrimeXBT provide?

Covesting Copy Trading is beneficial for new traders looking to learn trading strategies by analyzing successful trades, as well as for those seeking passive income. Like many other global brokers, Exness evaluated locations in financial hubs such as London and Dubai before settling in Limassol. PrimeXBT offers some of the lowest fees in the crypto trading market. Overnight fees apply to leveraged positions held overnight, calculated based on the asset and the leverage used. Depending on the platform you are using, you will find all the details you need to know about short selling. For example, just because a copy trading strategy is profitable does not necessarily mean it’s right for you. To trade crypto futures is to trade contracts, called futures contracts, that constitute a legal agreement to buy or sell a particular asset at a predetermined price at a predetermined time in the future. Despite the delay in the verification, this is an excellent service providedbr that anyone can deal with. Also you can trade more than a 100 assets and their spread is as low as 0. The copy trading features allow traders to set up and manage a strategy and/or follow another trader’s strategy. Vincent and The Grenadines, and moved its domain and trading infrastructure to Switzerland. Overnight fees apply to leveraged positions held overnight, calculated based on the asset and the leverage used. For example, PrimeXBT limitat the withdrawal fee for Bitcoin is typically 0. There is also a separate module for copy trading, which allows you to select trading strategies for autocopying trades. Compensation Fund per user. Otherwise, if you enter via a market order, you can get a worse price than you initially thought. Advcash account email address used to make a deposit will be preselected automatically. 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.

Best Paid and Free Alternatives to PrimeXBT

Kraken Pro is a cryptocurrency broker based in United States that launched its service in and offers individuals to buy and sell more than 78 cryptocurrencies. As for cancellation, withdrawals can typically be canceled only if they are still being processed and have not yet been confirmed on the blockchain. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. PrimeXBT makes sure withdrawals are quick. In order to withdraw funds from your cryptocurrency exchange account, you need to submit a withdrawal request from your Personal Area. It’s great that our integration with Binance Pay adds to your experience, reinforcing our commitment to providing a crypto focused trading environment. In terms of funding an account, there are no fees that are applied to inward payments. The lack of portfolios to browse and copy is a con in itself. Die neuesten Angebote finden Sie auf den offiziellen Social Media Seiten von PrimeXBT, auf der Website der Plattform oder über Newsletter. PrimeXBT presents an interface that’s both customizable and user friendly. This makes it great for experienced traders who want big leverage options. Two types of options exist, American and European. With a PrimeXBT account, traders gain access to a diverse array of products, including. In order for this Bybit vs Prime XBT cryptocurrency exchange comparison to help you easily decide which brand is the best, each feature is represented with a score, a grading system or in any other commonly understandable format. 01 BTC should ever be put at risk. In other words, if you are buying a cryptocurrency, looking for the newest swing low and putting your stop loss underneath is a common tactic. However, there’s a demo version for new users who are unsure about using the exchange.

Our core productsOur core products

Our cookie policy and our terms and condition is accepted by using the website. AdvCash offers PrimeXBT users a fast and convenient way to make US dollar deposits, combining low fees with quick transactions to seamlessly bridge traditional financial systems and the PrimeXBT platform. A total of 31 futures are available. Returns or profits may be subject to capital gains tax. However, depositing fiat currency requires KYC verification. The trading blog at PrimeXBT provides information on a range of trading related subjects, such as market analysis, trading tactics, and instructional materials. I reading a lot about this company before open account🧐Services and tools used by this broker of high quality and proven among traders. Com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. 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. Decentralized oracle network. The introduction of ShibaSwap helped solidify Shiba Inu’s presence in the DeFi space, and prove even more use cases beyond trading​. These products are not suitable for all investors. Dear Teboho,Thank you for your feedback. In other words, Dogecoin’s price cannot rise above its current levels until the demand for it is outweighed by the existing supply. Users can withdraw from the wallet trading account by navigating to the Main page of their account and clicking “Withdraw” for the currency they wish to withdraw. With competitive margin trading fees and leveraged tokens for easier trading, KuCoin provides a flexible and cost effective platform for spot and futures markets.

How can I contact customer support?

The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. Only for verified users. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Traders are thus reasonably concerned that more sell side pressure will emerge in BTC over the coming days and weeks. Risk appetite has slowly returned, and hence crypto seems to have started to recover. Using a leverage ratio of 1:100 is a great way for newer traders to get comfortable calculating their risk to reward ratio and ensuring their positions all meet the 1% rule and risk management strategy. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Manage risks with stop loss and take profit orders, and earn in BTC, ETH, USDT, USDC, COV, and USD for flexibility and diversification in trading and profits. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. 💼 AML Compliance: PrimeXBT follows FATF guidelines, employing Bitfury’s Crystal software for real time blockchain monitoring. Our 24/7 support team here to help. On top of that if you are working with crypto exchange,, then it’s probably impossible to trade currencies as well. For all withdrawal methods, it’s crucial to double check all entered information and comply with any verification processes to ensure a smooth and secure withdrawal experience. Its almost 2 months of this wiggling around in the 65 71 range. After registration has been completed, PrimeXBT requires a minimum deposit of 0. We’ll put it to the test, with verification successful while waiting for the outcome. These services are governed by the legal terms and conditions of PXBT. These offers, available for a limited period,.

Costs of trading

12 milliseconds on average. Each unverified account has a 24 hour withdrawal limit of $20,000 or equivalent. Bitbuy is the perfect platform for any crypto investor no matter their experience who wants to ensure their transactions are safe and secure. Banks work as market makers, offering a price to buy a particular currency pair, and a quote price to sell that pair. Readers should do their own research. Besides the trade fees noted above on margin trading accounts, PrimeXBT also charges overnight financing fees. $2,000 by bank card. By diversifying stakes among various validators, the impact of any potential mismanagement or unforeseen issues with one validator is minimized. Forex No Deposit Bonus. Security measures include Two Factor Authentication 2FA, Cold Storage as well as SSL Encryption. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. You might also like: PrimeXBT Account Types Overview. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. Please read our risk warning here. When conducting this analysis, look at the factors that influence the demand and supply of Bitcoin. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. Learn more about Baksta’s Legal Terms. Yes, PrimeXBT charges withdrawal fees, which vary depending on the withdrawal method and currency. If you provide a strategy for copying. Well, it’s now much easier to make money there, I do almost nothing, just analyze the trades of other guys”. The fiat withdrawal process was straightforward but took a long time. When exploring Kraken, you’ll encounter a user interface that highlights a balance between functionality and aesthetics. I also tested the fiat withdrawal process, using Volet. Thus, the minimum margin needed to open this trade with leverage x200 will be 0. Ideological and political posts or comments are considered nonconstructive and off topic unless paired with analysis of political events and how they influence the market. Choose PrimeXBT for a versatile and user friendly payment experience.

My Key Takeaways After Testing PrimeXBT on Mobile

Additionally, it’s not ideal in volatile markets as the success of your speculation is dependent on your market analysis which becomes much more challenging when markets are choppy. Leadership at Threenvest. Once you’re happy with your margin parameters you can close the “Margin Edit” module and finalize your trade in the Place Order module. After all, you are not looking to take delivery of the currency, so you are simply trying to take advantage of the price fluctuation between two currencies in relation to each other. In terms of other security protocols that they have in place, they also make use of Cloudflare’s technology in order to mitigate the risks that are posed by Distributed Denial of Service Attacks DDoS. 01% maker fee, and a 0. Here are the trading fees on PrimeXBT. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Note that you can only redeem a Reward amount less or equal to the amount of funds you have in the selected Trading account. 10, spring of 2024 has brought new momentum into the price’s movements. This company is among the fastest growing exchanges for cryptocurrency derivatives. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. Binance requires full KYC now to trade even spot products, and PrimeXBT has the advantage here of not requiring KYC for trading at all. The platform could enhance its educational resources and expand its geographic availability. In this comprehensive guide, we will delve into the so called “insane fees” associated with PrimeXBT, exploring their structure, impact on trading, and strategies for managing and minimizing these costs effectively. These experts typically have first hand knowledge of dealing with internet brokers in the crypto and Forex sectors. If you are still unable to find the email, please whitelist. Please report any and all suspicious behavior, possible phishing attacks, fraudsters, and imposters to our 24/7 support team at. If the app is unavailable in your region, you can still access it through direct download from our site. Referral rewards are earned by referring new users to PrimeXBT. 05% for cryptocurrencies, 0. Although they have the same commission for your direct referral, BitMEX does not offer tiered referral payouts. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. If youd like to try Prime XBT with a demo account, consider joining one of their trading Contests. 05% fee for all trades.

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Insights into PrimeXBT’s Cryptocurrency Trading. Oil is very quickly earning the crown as the most important geopolitical asset. Bybit has the edge over PrimeXBT offering lower crypto trading fees. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Copy trading is a fairly new addition to the Bybit platform and it saw a warm welcome from many of the users on the platform, quickly becoming a widely utilized and popular copy trading platform. I found the KYC process to be straightforward, with my account being verified instantly. PrimeXBT does not charge any deposit fees. The app has been available to iOS users for some time. This setup helps keep spreads low and encourages trading. As I have already written it’s not easy for beginner, but I realize that I’m becoming more professional trader. 01% maker fee, and a 0. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. With multiple support channels and a rich array of educational materials, PrimeXBT provides a supportive and informative environment that caters to the needs of traders at all levels. Traders who trade cryptocurrencies may see larger volatility of their trading performance given the powerful price movements in cryptocurrencies. One of the most attractive features of PrimeXBT is the ability to sign up without KYC or ID verification. To make a withdrawal to a new account email address, users are first required to make a deposit with that Advcash account email address. By Matthew Hayward, Senior Market Analyst at PrimeXBT. Established in 2018, PrimeXBT Trading Services Ltd PrimeXBT has emerged as a versatile online exchange platform catering to diverse trading needs in Commodities, Cryptocurrencies, Forex, and Indices. PrimeXBT has a mandatory Bitcoin address whitelisting feature and Cloudflare to mitigate potential distribution denial of service DDoS attacks.

Copy the pros and earn

Familiarize yourself with the dashboard, where you can access various trading tools and resources. The spread is essentially the fee you pay for trading an asset. PrimeXBT payments offer numerous benefits that enhance the trading experience. Hello Carlos,Thank you for taking the time to share your review. During testing, I received fast responses with a reasonable level of detail. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. The program is transparent, has live statistics, and ensures timely payouts. To claim the PrimeXBT welcome bonus, it is essential to deposit at least 0. Sorry for the long rant, but sometimes I feel the US just hates retail traders. Disclaimer: These are the writer’s opinions and should not be considered investment advice. Basic Attention Token BAT. The trading blog at PrimeXBT provides information on a range of trading related subjects, such as market analysis, trading tactics, and instructional materials. Profit from the markets by following the experts. Crypto and Fiat wallets are on the Main page. 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. To make it even simpler for affiliates to bring clients to PrimeXBT platform, we provide a robust collection of banners, prints, logos of our products and services, landing pages, and many more marketing materials. Anyone can view, post, and comment to this community. Now, we will explore other potential fees that might be encountered on PrimeXBT. Yes Bitget offers fiat on and offramp services via third party integrations. Is $%’s exchange token. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. For scalpers, long term could mean the next day, while position traders would consider long term as the next few years. Curious about PrimeXBT’s legitimacy or how quickly you can withdraw your funds. When it comes to cryptocurrency futures and CFD trading, choosing a proper broker is of paramount importance for every trader. However, there’s no trace of an order book or market depth, which prevents me from calling them a full on exchange. Here are some initial impressions: Fast account setup Responsive support team Clear instructions for deposits and withdrawals All in all, it feels like a reliable place to start trading. You can withdraw funds to any external crypto address.

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Whether you’re a crypto investor or someone interested in the future of blockchain technology, understanding the nuances of these two emerging platforms is essential for staying ahead of the curve. This section will guide you through the process of creating and verifying your PrimeXBT account, ensuring that you can start trading quickly and securely. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. Only proper legal or regulatory authorities will receive customer transaction data. In addition, there is a section “Economic Calendar”. PrimeXBT is considered one of the top cryptocurrency futures trading platforms platform providing access to various financial derivatives in multiple markets and currencies. Click Download and confirm the file download if you see a warning. Read next: How to buy crypto. It takes just a few minutes to get started. PrimeXBT employs top tier security measures such as two factor authentication 2FA and cold storage to protect user assets. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. 01 BTC on the exchange. It provides two primary ways to earn: CPA and revenue sharing. This is why many prefer the term pseudonymous when it comes to crypto. The platform provides a variety of free deposit options for both crypto and fiat. Funding fees are calculated on an hourly basis and can be viewed directly on the trading platform. The attention to detail is evident in every aspect, from the seamless integration of components to the thoughtfully placed buttons and controls. Read next: How to buy crypto. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. 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. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals.

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PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. 1389% based on the type of trade. This does not necessarily mean that you need to take on the whole position, but the wise trader will take on a portion of the available leverage. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. PrimeXBT may conduct identity verification for AML CFT compliance, imposing trading and withdrawal limits until Customer Due Diligence CDD is completed. This section will discuss the impact of PrimeXBT’s location and regulatory environment on traders, including account verification, transaction limits, and the availability of trading instruments. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. Yes, PrimeXBT reserves the right to revoke or withdraw a promo code and any associated bonuses if misuse is suspected. Include market prices from exchanges. Best regards,The PrimeXBT Team. Seasoned traders also have the opportunity to share their strategies through ‘Copy Trading My Strategies’, earning up to a 20% profit share. PrimeXBT is a Bitcoin based online platform, launched in 2018, which offers leveraged CFD trading on several cryptocurrencies, including Bitcoin, Ethereum, Ripple and Litecoin, but also on more traditional assets such as fiat currencies, commodities, and indices. Overall, I rank PrimeXBT in the middle of the pack.

Price Alert

The inactivity costs of PrimeXBT were also considered in our evaluation. If you are a cautious trader, you might want to choose an order type that will enable you to limit losses. You can diversify your portfolio with various asset classes, including stock indices, commodities, forex, and metals. 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. Here is a look at how simple it is to be a trader or follower on Bybits copy trading platform. Yes, Namibian traders can access real time market data, including price quotes, charts, and order book information, allowing educated trading choices on the PrimeXBT platform. PrimeXBT is also an unregulated broker. Com via inbox Search bar. 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. The platform does not charge additional non trading commissions, such as account replenishment fees. Traders can access information on Maker and Taker Fees, financing costs for both long and short positions, as well as maximum leverage/margin requirements for each asset pairing. PrimeXBT lets you deposit several cryptocurrencies like BTC, ETH, USDC, and USDT. Restricted JurisdictionsPrimeXBT 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. For personalized advice, consider consulting with a financial advisor. There is no live chat option available and our team also struggled to find any information regarding a contact telephone number. Open the downloaded file and tap Install to complete the installation. However, there are some regions where PrimeXBT does not accept users, including. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Target the top spots to earn your share of the 10,000 USD prize pool, by earning points from new registrations, first time deposits, and trading achievements. 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. Suggested Reading =>> Top Platforms to buy Ripple XRP. How To Set Up Your PrimeXBT Account. In contrast, Zengo is designed exclusively as a secure, non custodial crypto and NFT wallet. No pumping this includes links to PnD pump and dump groups, encouraging users to join a PnD group or instructions to join one. We provide the clarity you need on PrimeXBT’s functionality and risks to inform your trading strategy.

Exclusive Crypto Deal List of 2023

2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. PrimeXBT stands out as an all encompassing trading solution, offering a wide range of assets, including Cryptocurrencies, Commodities, Forex, and Indices. A Position can be either Long or Short. Fortunately, many platforms like PrimeXBT offer educational resources and tools to help users gain a deeper understanding of leverage trading. Are you seeking a beginner friendly platform for simple trades, or do you need advanced features for experienced trading. In this case, Binance has a higher value for money score than Prime XBT. 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. While Cryptocurrencies are extremely secure, cryptocurrency exchanges have been the targets of numerous hacks and fraudulent acts. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. This isn’t a simple yes or no answer; it is about your investing horizon. Our clients love how fast and simple our sign up is. Yes Bitget offers fiat on and offramp services via third party integrations. 01% for makers and 0. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. Understanding the fee structure is crucial for managing trading costs and optimizing profitability. Do not post misleading information. 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. Lotta guides told me that it’s better to kick off with EUR/USD currency pair since it’s the most liquid one. Information regarding past performance is not a reliable indicator of future performance. In 2019, 94% of orders were filled at the quoted price or better, showing the platform’s reliability. However, it has also created new opportunities for cybercriminals of all calibers to scam inexperienced traders, launder money, and exploit user data in various ways. We also use different external services like Google Webfonts, Google Maps, and external Video providers. 💰 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. If you wish to buy a Bitcoin, for instance, then your account will grow in value as Bitcoin’s price increases. And for those clients who want to improve the cybersecurity of their investments, the platform offers several solutions. This raises the question: what would happen if a “Black Swan” event were to occur. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to.

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The Bank of England BoE has reduced interest rates by 25 basis points 0. These assets may include cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple, as well as traditional assets like forex, commodities, and stock indices. And although we would like it to only work in one direction, the one that benefits you, it unfortunately works in both directions. The site also has tips for making quick trading decisions an interactive table with buy and sell prices, daily price changes and the prevailing trend. However, this expansive community doesn’t just limit itself to blockchain based products. A moving average is created when the bottom support level of an uptrend is traced with the resistance peaks during a downtrend. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. As the social media hype grew around the Dogecoin, the token’s price began its unstoppable movement upwards. Margin accounts also enable derivatives trading contracts such as Futures, Options, and CFDs. Trade anytime, anywhere, and stay connected to the markets that matter most to you. Once this is done, you can log back into your account and access the trading platform and the account features. To use PrimeXBT, visit the official site, create an account, verify it, deposit funds, explore the platform features, and start trading in various markets with available tools and leverage. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. By batching transactions together, the platform effectively reduces the cost per transaction on the network, benefiting users by lowering their withdrawal fees. Users can withdraw from the wallet trading account by navigating to the Main page of their account and clicking “Withdraw” for the currency they wish to withdraw.