FAQ

A long position is an entry expecting the price of an asset to go up. 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. Many experts believe we are approaching this critical “Expansion” phase. However, by launching in Android, the PrimeXBT app could possibly reach as many as 3 billion active users. This means that with a small amount of capital, traders can gain significant exposure to various financial markets, including cryptocurrencies, forex, commodities, and indices. 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. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses.

PrimeXBTUser Reviews

Making informed decisions in the world of cryptocurrency trading involves understanding the fee structures and potential rewards offered by exchanges. Visit our Help Centre. You should consult with a financial advisor or other professional to find out what may be best for your individual needs and risk tolerance. Using PrimeXBT, you can go long or short on many popular cryptocurrencies at the lowest feasible trading fees, but it is more of a CFD like the product and doesn’t have contracts. Keep more of your profits with low trading fees. PrimeXBT has utilized multi signature access to any movement from cold wallets to primexbt com hot wallets to further bolster their exchange’s security. Users can open accounts, deposit crypto, and start trading with just an email address. Last but not least, you also need to consider how informed you are about the concepts of short selling Bitcoin. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Disclaimer: These are the writer’s opinions and should not be considered investment advice. When it comes to trading platforms, having the right tools and resources can make all the difference. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. Lembre se, cada código promocional tem suas próprias regras e condições, então certifique se de revisá las antes da ativação. We’re here to support your trading journey and ensure you have all the resources you need for a successful trading experience. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. This comprehensive guide has everything you need to know about trading LTC. Com or you can contact us in the chat room on our website. Date of experience: October 17, 2024. If I had to give an edge here after using both platforms, I would have to say I prefer Bybit as the trading interface. Security measures are top notch.

Customer Support

Using both bots and advanced algorithms the Sparrow’s team generates signals, but also offers its clients the ability to use their own bot to automate their trading. There may be a large group of traders behind an automated trading strategy. So, this index really is a bit of a bellwether of the US economy and this is important to note because when things are going well for America, the index will be higher, but if the opposite happens, things can go the other way. Once you confirm your email, your account will be activated. This is what we intend to provide to all of our readers at Crypto Parrot. We’re here to support your trading success. It’s important to choose a strategy that aligns with your trading goals, risk tolerance, and time commitment. This bonus is designed to boost your trading capital, but it cannot be withdrawn and is only usable as collateral for trades. Other strategies like Options Trading and Pairs Trading leverage market discrepancies and correlations to minimize risk and maximize potential gains. Let’s take a bird’s eye view of the products available on PrimeXBT. Although this may seem like an effective way to manage risk, it has drawbacks. You can increase your available margin by depositing more funds, closing existing positions, or reducing open position sizes. At this point, the price will retreat to the trendline. Trading involves risk. Derivatives are financial instruments that are designed to track the price of an underlying asset. Some traders set trailing stop losses, so that the amount of profit continues to climb until a reversal eventually stops out the position in profit. PrimeXBT does not specify a uniform minimum deposit amount as it depends on the market conditions and the cryptocurrency used for depositing. 01%, and the taker fee is 0. In terms of supported cryptocurrencies, PrimeXBT’s repository is quite small and may not be a favourable option for some investors. Current data for Shiba Inu for November 6, 2024. You can use cryptocurrency or traditional money. Not only does this include offering traditional assets next to digital assets like Bitcoin, long and short positions, built in charting tools, and more, it now includes buying Bitcoin directly with a credit or debit card without ever having to leave the PrimeXBT platform for another website. Market Search: The dedicated “Markets” page allows you to quickly search for available markets, with filters for popular markets, forex, indices, commodities, and cryptos. I opened this long position with a tight stop loss. It was founded in 2018 and registered in Seychelles, with a daily trading volume of over $375 million. This trading style involves buying an asset and holding it for a long time. Now for those of you wondering, Anjouan is in Comoros, near Mayotte, between Madagascar and Mozambique. Profit by setting up and managing your own Strategy and/or Follow copy Strategies of other successful traders. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Trading signals are indicators that describe what market to trade, at what price level to open a trade, and where to place take profit and stop loss levels.

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Date of experience: April 29, 2024. These platforms are available in the Client’s Personal Cabinet, they do not need to be downloaded and installed. Trend trading is a very powerful strategy that is also suited for beginner traders. The dashboard is user friendly, ensuring that even beginners can navigate through it with ease. Activate your account when registered successfully and start trading with the bonus credits. A $100 investment in Bitcoin may seem like very little, but it is an excellent start to getting involved in. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 1M+ community members. Larger positions require more margin, reducing risk. Reply from PrimeXBT Copy Trading. 39%, drawing the attention of four followers with a combined equity of 3180. Scalping can be combined with bot trading because bots will allow a trader to make frequent daily trades to make slight gains. In this guide, we’ll explore cryptocurrency arbitrage and how it works. Post articles and get them viewed, discussed, and shared in one of the most active cryptocommunities. ➡️PrimeXBT won the award for the “Best Platform for Online Trading. Technical analysis varies greatly from fundamental analysis, but both are extremely important and helpful tools for traders to use when considering investing or taking a trade position in any financial asset. Another great thing is that you don’t need to go through any KYC verification. 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. The platform provides detailed charts, technical indicators, and customizable layouts to enhance the trading experience. The main drawbacks are the lack of spot margin trading and the very limited number of available markets.

How much leverage can you use on PrimeXBT?

Chainlink, a decentralized oracle network established in 2017, that serves as a transformative bridge between blockchains and external systems. The Shibarium’s total value locked TVL has jumped to $7 million, and the network has more than 1. We believe this versatility is key to enabling our users to take advantage of various trading opportunities and market conditions without the need to manage multiple platform accounts. With a unique link, earn payouts from trading commissions paid by your referrals. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Orders can be rejected for numerous reasons, such as available margin being insufficient or markets for the selected instrument being closed, etc. Here is a look at the different membership plans available with COV staking. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. BitDegree aims to uncover, simplify and share Web3 and cryptocurrency education with the masses. If Bitcoin’s price then rose 10%, you would earn a $10,000 return on the original investment. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Our platform is designed to provide traders with powerful tools and features to enhance their trading experience and maximize profitability. We utilize Bitfury’s Crystal AML compliance software and blockchain monitoring toolset on all incoming transactions. Limits often include minimum and maximum transaction sizes, daily withdrawal limits, and exposure limits. For users who do not want to use one of these third party services then they will need to fund their account with crypto that can be purchased from an exchange like Crypto. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U. PrimeXBT serves over 150 countries and handles more than 1 billion USD in trades every 24 hours. With its global reach, it’s available in over 150 countries. Diversify investments across different asset classes and industries to reduce exposure to individual risks. PrimeXBT allows traders to buy or short a wide variety of cryptocurrencies including BTC, ETH, XRP, EOS, and LTC against USD and BTC. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. Years ago, there were only few platforms to choose from, making finding the right one for each investor that much more challenging. This can increase both wins and losses. This Personal Information Management Policy is for the personal information stated on the website of G TOPS Co. Currently, we do not offer a no deposit bonus. Liquidity and trading volume are crucial aspects that determine your trading efficiency on cryptocurrency exchanges. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. 35% Deposit Welcome Bonus – Offer is about to expire, get it now: Sign Up Here. Overnight financing fees vary by asset.

Primexbt review Trustpilot

© CryptoRunner 2017 – 2024. Embark on a collaborative trading journey with PrimeXBT copy trading feature. The PrimeXBT app brings the power of trading to your fingertips, ensuring you never miss an opportunity in the dynamic world of finance. As it is calculated on an annual basis, it typically will be a very small charge per day. Exchange one Crypto for another via your PrimeXBT account. Buying Crypto step by step. MEXC Global is an expansive cryptocurrency exchange that operates in over 190 countries, offering a wide range of digital currencies and trading pairs to a global user base. Reddit has long been a key platform for candid discussions on myriad topics, including trading platforms. Scan the QR code with your device’s camera and get APK file. Trading involves risk. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. If the market is optimistic about a bullish trend, prices tend to increase, and when the market is spooked, the negative sentiment results in price dips. Select additional content. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. Visit the fees section at PrimeXBT to confirm the exact fees on the day. As things stand right now, there is neither bullish nor bearish momentum. Forex No Deposit Bonuses. 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. PrimeXBT employs a straightforward fee structure with competitive trading fees and overnight fees. Additionally, you need to check the regional restrictions if you decide to use this platform based the professional knowledge and experience. Market Search: The dedicated “Markets” page allows you to quickly search for available markets, with filters for popular markets, forex, indices, commodities, and cryptos. Keep this in mind when you are budgeting to make your trades. The file is verified secure by PrimeXBT. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Reply from PrimeXBT Copy Trading.

Robust multi level, referral program

In general, trading has become big in the Cryptocurrency space as more and more sectors flood in to be part of the volatile and often profit filled market. PrimeXBT is supported, however, in over 150 other countries worldwide. Here are the main points of a powerful copy trading strategy. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. Post articles and get them viewed, discussed, and shared in one of the most active cryptocommunities. Users talk about the platform’s leverage of up to 100x. Join PrimeXBT contests to test your trading skills and win great prizes. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Coinbase is the largest US based cryptocurrency exchange. The layout has a high degree of customization and multiple order types to support the trading of the hundreds of different markets available on the platform. We also believe it will contribute to the improved general health of our industry. Automated trading bots are implemented to lower the possibility of loss and increase the chances of profits. These fees are charged by the platform for facilitating your trade. However, insurance coverage is still rare within the crypto industry. These bonuses are designed to enhance the trading experience by giving users extra resources or reduced costs to maximize their potential gains on the platform. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. This is arguably acceptable for one simple reason: many traders are more weary of opening high leverage futures contracts for smaller coins and tokens. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. The article is intended for informational purposes only and should not be considered professional advice or a substitute for specific expertise. They offer the ability to use leverage, but also are open around the clock, and have the ability to be traded in granular sizes, tailoring the position size to the risk parameter of the account being used. Note that this is just a small range of elements regarding PrimeXBT.

Market perception

The average trading price is expected to be approximately $0. These fees are displayed at the time of initiating a withdrawal. Prime XBT also supports a number of transaction services such as. 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. Once your account is verified, you can enjoy the platform’s benefits. Please know that we take your concerns seriously and are committed to resolving this issue as quickly as possible. Register and join our community with millions of traders from all around the world. Arguably one of the most popular methods of making money in the cryptocurrency space, buying and holding, also known as “Hodl”, is also one of the easiest methods which can lead to profits. Futures were initially first used in 16th century England, by those who wanted to protect themselves from price volatility. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. However, we should note that some Reddit users have found that the leverage model offered by PrimeXBT was a factor in them losing their investment. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. The covesting feature is a game changer. As for cancellation, withdrawals can typically be canceled only if they are still being processed and have not yet been confirmed on the blockchain. There are also chat rooms in Telegram, some of which are localized by the country of residence of the clients for convenience. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. By Matthew Hayward, Senior Market Analyst at PrimeXBT. Can’t find what you’re looking for. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events.

What is the spread?

SEC Greenlights Multiple Bitcoin ETFs, Signaling Major Leap for Cryptocurrency Markets. As a crypto trader, I must say prime XBT is a great platform due to its multifunction. Click on 2 “Withdraw to Wallet” to withdraw to the desired amount to the main wallet. To gain access one month subscription costs $297, the three months cost $397, the seven months $597 and the unlimited subscription is a reasonable $997. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. Click on the menu icon in the top right corner of your account and click ‘Chat’ in the dropdown menu. PrimeXBT allows you to buy and sell cryptocurrencies on margin with very attractive leverage ratios. You can also sort markets by name and 24 hour change. Our detailed price comparisons and cryptocurrency guides have you covered. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. Continuing our mission to offer one of the best trading experiences in the industry, we are very excited to announce. Last month, Changelly offered an XRP price prediction of $1. Analysts predict a high of $3. Imagine you have a set amount of money to invest in a particular Cryptocurrency. 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. We use dedicated people and clever technology to safeguard our platform. We use dedicated people and clever technology to safeguard our platform. There was no additional explanation for the blocked access in these regions. With low fees, high leverage options, advanced trading tools, and excellent customer support, it’s no wonder that traders worldwide choose PrimeXBT as their preferred trading platform. A total of 31 futures are available.

US dollar

Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. PrimeXBT conducts regular security audits to identify and address potential vulnerabilities. This rescued elephant now lives peacefully with her baby at Elephant Nature Park. Below are the commission rates. 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. These products are not suitable for all investors. Make a deposit and enjoy a : 500$. The ask is always higher than the bid. Best Forex Brokers on InstagramBest Forex Brokers on TwitterBest Forex Brokers on YoutubeBest Forex Brokers on Facebook. It is possible to contact a manager both directly from the site via a dialog box and via a Telegram bot. Top Notch Brokerage Verification was fast Support respond almost instantly Withdrawals are processed in less than 5 minutes sometimes upto 20 minutes Very transparent bonuses and promotions i withdrawn 2 timesBut the CFD web interface need improvement. While PrimeXBT’s resources are sufficient for most traders, you might find more extensive educational content on other platforms if you’re looking to deepen your crypto knowledge. Insights into PrimeXBT’s Cryptocurrency Trading. Receive the latest news and stay informed.

4 8

As aforementioned, Bitcoin is the largest cryptocurrency globally by market cap. You’re probably already familiar with how coins can be stored hot wallets and cold wallets. The exchange stands apart from the competition by maintaining the first platform of its kind: one for P2P cryptocurrency derivatives with leverage reaching 200x. Returns or profits may be subject to capital gains tax. Select Accept to consent or Reject to decline non essential cookies for this use. Tips for a Smooth Deposit. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Regulations typically focus on areas such as anti money laundering AML, know your customer KYC requirements, and the overall security of trading platforms. Gain up to +90% in minutes” etc. Cardano is in the top ten coins by market cap, and currently has a market capitalization of $21 billion. PrimeXBT Trading Services, S. This is particularly advantageous for individuals seeking to capitalize on swift market fluctuations. Traders who predominantly trade tech stocks, for example, could be exposed to risks associated with the technology sector. Click the submit button, and PrimeXBT will review your application. Unfortunately, they do not have a dedicated phone line which you can dial in the case of an emergency. Not everyone has an answer for what Bitcoin does and why it moves when it does, but with some research you can start to understand a little more what impacts it. A Primexbt Trading day is a 24 hour period which begins at 00:00 UTC and ends at 23:59:59 UTC. For example, PrimeXBT is an multiple award winning trading platform that lets users buy Bitcoin easily right from the dashboard using a third party payment widget. The leverage on altcoins and indices is up to 100x, while traders choosing Forex and commodity pairs enjoy leverage of up to 1000x. While the user interface is generally user friendly, some parts require getting used to before you can fully use the advanced trading tools offered by this crypto copy trading platform. I tested both versions and found that they offered a smooth trading experience without any significant compromises. These patterns can indicate potential price reversals or breakouts, providing valuable insights. Nothing can be quite as frustrating for a trader than an exchange that takes a long time to respond to their questions or customer support queries, especially when open trades and live money is on the line. That being said, Ethereum, and the crypto market at large, have shown themselves to have a high correlation with risk appetite assets such as stocks and some futures markets. Prize winners The lucky winners. Com App, you are able to instruct us to handle the crypto on behalf, but do not control the private keys to the crypto.

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Staying informed about market trends and news is crucial for making informed trading decisions on PrimeXBT. For instance, 10x leverage allows for even more significant gains compared to 5x leverage. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. While independent analysis is useful, it is important to analyse the market sentiment to predict price swings. As of today, the current value of 1 SHIB is 0. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. Are you an Apple user. The platform provides access to major and minor currency pairs, enabling traders to capitalize on market movements. Please note that the UK FCA does not consider cryptoderivative products suitable for retail investors. PrimeXBT does not charge fees for Crypto and Fiat deposits. User can buy bitcoin and other cryptocurrencies with a credit card or any crypto wallet. The reason is that Bybit supports over 300 crypto assets and crypto derivatives, compared to the approximate 40 found on PrimeXBT. Do not stray conversation far from the post you’re commenting in. This article provides a comprehensive PrimeXBT review. The platform offers a multitude of advanced features, competitive fees, various trading preferences, and robust security measures. Sign in to your PrimeXBT account. It serves clients in over 150 countries and has over 100 trading assets available. In the sections that follow, we will explore the detailed features, fees, security measures, and other critical aspects of PrimeXBT and BitSeven. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. So, what does the future hold for ADA. Upon joining a contest, you will be provided with a free pre funded contest account. Disclaimer: This page may contain affiliate links. 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. Visit our Help Centre. 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.

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Here are 8 tips for writing great reviews. The platform is known for its user friendly interface, advanced trading tools, and high performance execution. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. 5489 by the end of 2025, and the coin could be worth $1. Trading involves risk. PrimeXBT also offers bonuses through its referral program. Polkadot price is subject to market volatility, a common characteristic in the cryptocurrency space. For traders seeking to amplify their potential returns, PrimeXBT offers leveraged trading options. Capterra carefully verified over 2 million reviews to bring you authentic software and services experiences from real users. PrimeXBT is a prominent platform in the trading world, offering a range of financial instruments, including Forex. PrimeXBT has a reputation as one of the most beneficial crypto trading platforms 😎. 2134 for GBP/USD, or $9. PrimeXBT offers 24/7 customer support, which can be accessed via live chat, email, or through their support center on the website. Learn more about other kinds of reviews. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. Email login notifications can be disabled from your account Settings menu. Check out our full PrimeXBT review to see if this exchange is right for you. This all encompassing article investigates the ten most prominent high frequency trading platforms, scrutinizing their ramifications. Technical analysis is a form of analyzing a market by looking at charts. The file is verified secure by PrimeXBT. Partners can track their earnings in real time, providing full transparency and control over their income. Trading cryptocurrencies is easy for any trader despite their level of experience. However, depositing or withdrawing fiat currency will require KYC identity verification. Economy’s largest and most influential companies. Thereafter, you’d have to wait for your withdrawal request to be processed. If you lose access to your 2FA device, contact customer support immediately to help secure your account and reset your 2FA settings. Additionally, Prime XBT ensures security with industry leading practices, ensuring that investment capital and personal data are protected against the evolving threats in the digital world. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. Visit PrimeXBT Platform and get 35% on Your First Deposit.

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Thanks for your patience. Never invest more than you can afford to lose, and take extra steps for safety. The goal is to ensure that their clients enjoy the highest level of security and privacy. More than 50 intelligent drawing tools for in depth market analysis, and educational resources on the most popular trading concepts. We actively engage with our users from this region, providing timely and informative responses to their inquiries. 6, with 24 hour human support for users. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens. Level 1 only requires email verification and you’ll be able to deposit, trade, stake, and withdraw up to $5,000. Si querés saber más sobre lo que dicen los usuarios, visitá nuestra página de reseñas de PrimeXBT. Both platforms offer some of the lowest fees in the industry. When using live chat, I usually received a response within 2 minutes. Review collected by and hosted on G2. Trading involves risk. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. 8 months ago 404 views. PrimeXBT does not charge for deposit or wallet creation. For security measures, and before you deposit even one Satoshi, It’s also highly recommended to enable the Google Authenticator 2FA for an added layer of security. 05% for most trades and providing special rates for crypto futures. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC.