PrimeXBT Review

PrimeXBT Promo Code 35% Deposit Bonus. Sign up for a PrimeXBT account, find your referral link in the referral section, and start sharing it. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. By using digital assets as collateral, traders can amplify the power of each position using leverage. The broker also offers crypto futures on its other trading account. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the obține mai mult official website. The stock to flow model based on Bitcoin’s supply projects the cryptocurrency to reach prices of $100,000 per BTC and far beyond within the next few years, based on nothing more than a mathematical formula. PrimeXBT has traders from over 150 different countries. A wide range of traders can now quickly and easily understand how they can build winning strategies, with the most rapid way to build wealth in the cryptocurrency market today. Other experts expect the cryptocurrency to trade at between $0. Reach out via the following contact methods. For instance, consider a transaction where a user sells 10 ETH for $2,000 each. However, you can use third party services that allow you to purchase cryptocurrency using a card and then transfer it to your PrimeXBT account. 🔝Best for: For experienced and beginner crypto traders. Cache Gold Token transparently combines the unique qualities of gold with the blockchain. Of course, these are the characteristics of the token that, unfortunately, challenge analysts when they make a Dogecoin price prediction. Click the ‘Trade’ button to start trading. Stellar is appealing to financial institutions and private users alike since it is a bridge currency that enables cross border transactions with low fees and quick transfer times. Placing trades on PrimeXBT is simple, with an easy to use order form. Proof of History is a novel approach that timestamps transactions to create a historical record that confirms the order and passage of events. We’ll explore the key differences between spot trading and derivatives trading, along with the concept of leveraged tokens. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Below are a few more things to consider.

A Better WayTo Trade

Contact us: call +44 2037697865 •. We appreciate your recognition and are pleased that you find the deposit process enjoyable. Buying crypto without ID verification has drawbacks such as limited access to advanced trading features, lower crypto withdrawal limits, and risks of using unregulated platforms. 32 to send USDT over the BEP20 network. Go to Settings > Security and enable Install from Unknown Sources if prompted. These features include margin trading, leverage, and various order types that can enhance your trading strategy. Here is a snapshot of PrimeXBT spreads during the London New York crossover session, where traders get the tightest spreads. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. Stay tuned, because that’s exactly what we’ll cover next. Disclaimer: These are the writer’s opinions and should not be considered investment advice. Users can also customize the indicators in terms of the time frame and other important inputs. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. This will allow more scalability, security, and sustainability. PrimeXBT is known for having one of the most straightforward fee structures among trading platforms. 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. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. However, a comprehensive crypto regulatory framework could be good for the market in the long run, as it could drive adoption. Therefore, it may not be a great asset holding investment in the short term. This bonus is added to the equity of your trading account and can be used as additional collateral to open positions. There are quite a few day trading strategies, but one of the most popular is momentum trading. Active users across the world. Trade anytime, anywhere, and stay connected to the markets that matter most to you. Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. To protect customer funds from hacks, Bybit uses cold storage solutions, utilizing offline cold wallets that are secured in an air gapped environment. 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. Date of experience: December 05, 2024. Other ways to get in touch with the PrimeXBT team. Claim up to $7,000 in Bonus. Amid speculations that the company had traded BTC during the testing bears, CEO Elon Musk revealed it was yet holding on to its BTC stash.

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I think Bybit should ensure that p2p transactions are completed within the order time and if the time elapses do the needful. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Examples of PII whether about yourself or someone else, can include amount of coins owned, income, taxes owed, addresses, phone numbers etc. Here are some options you may consider. PrimeXBT Trading Services, S. Traders worldwide trust us. Additionally, the opinions expressed by the commenters do not necessarily reflect those of Bitcompare or its staff. The platform offers a multitude of advanced features, competitive fees, and robust security measures. Competitions on demo accounts can be a good way to learn cryptocurrency trading in practice. Previously, to access everything the PrimeXBT advanced trading platform had to offer, users could only do so via the desktop or mobile web browser. Date of experience: October 08, 2024.

Table Of Contents

PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. Thus far throughout 2019, Bitcoin has brought traders over 300% returns. PrimeXBT is considered one of the top cryptocurrency futures trading platforms platform providing access to various financial derivatives in multiple markets and currencies. Each account on PrimeXBT has a Daily Limit, a standard 24 hour withdrawal limit of $20,000 or its equivalent in other currencies. At PrimeXBT we provide our users with advanced trading options to access investment products, such as POL ex MATIC. However, given certain regulations, there are some countries that they do not accept traders from. He joined NCB Capital Markets in 2013 to lead the firm’s regional private equity investment initiative. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. This provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. Pionex is the safest crypto exchange. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. High liquidity, aggregated from 12 leading sources in real time.

PrimeXBT Bonuses and Special Offers

When we reached out, both Garret and Anthony below were free, and they got back to us almost immediately. Thank you for choosing PrimeXBT. Bitcoin is on the cusp of widespread institutional adoption, and altcoins. While PrimeXBT’s platform supports one click trading, its lowest timeframe is one minute which is not ideal for scalping. PrimeXBT Instruments: My Key Takeaways. Finally, another way a cash account and a margin account differ is by letting investors and traders profit from both market directions. This code can be used to restore 2FA time codes for your account. 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. Crypto traders always have their ear to the ground for methods of increasing the profit they make, and newer, better opportunities. Good platform to learn how to trade. 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. Calculation formula: Funding rate % Asset price Amount position size. When signing up and making the first deposit on PrimeXBT, entering a promo code in the designated section can result in a bonus. Api for XBT trading platform. 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. Always check the details before participating. I have been cooperating with the PrimeXBT crypto exchange for over 6 months and the interesting fact is that my trading journey started here, so yeah, I’m still new but already understand all basic rules of risk management, psychology, discipline and so on. Information regarding past performance is not a reliable indicator of future performance. Deposit and Withdrawal. Attention is paid to technical, fundamental, and economic analysis. You do not want to be the kind of trader that makes a trade without having a plan. It features customizable interfaces, TradingView charts, and competitive fees, providing flexibility for traders. What about education at PrimeXBT. PrimeXBT supports trading Crypto, Forex, Commodities CFDs, and Indices CFDs. In an environment where security breaches can have devastating consequences, the platform’s commitment to robust protection measures is commendable. Similar to Bybit, the UI/UX is clean and easy to navigate, with drop down menus that make finding your way around a breeze. This can be done by assigning specific percentages to various strategies, hoping to have multiple influences on the outcomes of the trades. By understanding these key aspects, traders can navigate PrimeXBT more effectively and ensure they are trading in a secure and compliant environment.

Author

PrimeXBT Trading Services, S. 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. Despite these advantages, it’s worth noting that PrimeXBT’s unavailability in 14 countries that affects its overall market position. Scalping is when a trader takes advantage of the small price movements to make profits. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. After filling in the fields, click on the button to confirm registration. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. Understanding the risks associated with foreign exchange trading is crucial, and consulting with an independent financial advisor is an option if there are any uncertainties. Register and join our community with millions of traders from all around the world. 6+ years in IT analytics, 3+ years in blockchain. PrimeXBT and its officials will never request sensitive account information or require any personal information, and will only communicate with users through official channels or via customer support emails. Therefore, we wanted to share the following bulletin with the community to protect you from criminals and other bad actors. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Borrowing funds to trade on margin incurs costs in the form of interest rates. PrimeXBT offers a range of assets, including cryptocurrencies, forex, commodities, and indices, each with its own fee structure. Margin accounts allow traders to use very small amounts of capital to trade with much larger positions, meaning you only need very little to invest to get started this way. 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. This feature is common amongst popular crypto exchanges and is a great way of balancing out your altcoin portfolio. All tools can be accessed via a robust desktop experience or via free mobile Android and Apple iPhone app from anywhere in the world. Unlimited for verified users.

Coin Search

Both new and experienced traders can gain significant advantages from this promotional offer. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. What Makes EUR/USD the Most Traded Currency Pair. Once you’re set up, you’ll receive your private key for your personal deposit account. We’re here to support your trading journey and ensure you have all the resources you need for a successful trading experience. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Visit PrimeXBT Platform and get 35% on Your First Deposit. Continuous learning is key to becoming a successful trader, and we’re here to support you every step of the way. Warning ⚡️: Trading leveraged futures products is incredibly risky. With limited support for fiat currencies and leverage trading, PrimeXBT makes it easy for investors to invest in cryptocurrencies. For a complete list of restricted regions, refer to Section 1. We’re glad you appreciate the diverse range of assets available on PrimeXBT. This will result in maximum margin utilization at 1:200 leverage and 0% of Available Margin will remain. As a result, the investment will often look to those countries to expand.

Binance Black Friday Deal

Well, everything is comfortable in client area because everyting is here. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. This sets it apart from other trading platforms. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. This commitment to security and transparency builds confidence among new traders. Bitbuy is the perfect platform for any crypto investor no matter their experience who wants to ensure their transactions are safe and secure. The exact leverage that users will be allowed for the position will depend on the type of asset that they are trading as well as the size of the position that they are taking on. No, PrimeXBT does not charge an additional fee for the manual review of a withdrawal request that triggers a suspicious activity alert. Wharton Fellowship, the Executive Leadership Council award as well as the Shils Zeidman Entrepreneurial Fellowship at Wharton. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. PrimeXBT’s referral program is a unique opportunity for users to earn additional income. However, if traders are to withdraw funds from the exchange then they may have to pay an arbitrary miner fee in order to propagate the transaction these are standard across the industry. If you have been using the exchange for a period of time and are comfortable with the service then you may want to consider getting involved with their referral program. 6pm 8pm: Kick Off Todays Post Mortem. Gamma is positive for both put and call options. Unlimited for verified users. 1800+ digital currencies for spot trading. In a sense, what happened to Ethereum resulted from other parts of the crypto world, not necessarily anything involving Ethereum itself. A withdrawal requested before 12:00 UTC will be processed on the same day. Open the email and click on the verification link to activate your account. The platform also offers 0% commissions on CFD trading pairs, including global Forex, Commodities, and Indices. If you would prefer a more visual guide then PrimeXBT has included a number of video tutorials. By doing so, they can rapidly increase the size of their account, but it should be noted that losses can be amplified as well.

Web3 Explorer

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. For USDT, USDC and COV the withdrawal fees vary depending on the network used. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. Com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. Opening an account is easy if you intend to buy and sell cryptocurrencies. Its top menu showcases the following tabs.

Web3 Explorer

Clients can access more than 100 tradable instruments at varied trading fees. On top of that, Zengo lets you interact with a variety of Dapps while keeping you safe with its Web3 firewall. Information regarding past performance is not a reliable indicator of future performance. We also have in depth dedicated reviews for both of the exchanges in this article if you want to learn more about them. 3 billion fine for failing to comply with AML regulations. FSCA Regulated SAFCA Regulated UKASIC Regulated AUSCySec Regulated Cyprus. Refrain from linking posts on social media such as Telegram, Discord, Facebook, Twitter etc, except official social media content from PrimeXBT and Covesting groups and channels. The team has put together an extensive self help and FAQ section which is there to help users understand what all the different features do, the products offered, and how to navigate the platform like a pro. 📈 PrimeXBT now features TradingView price charts across all assets, empowering traders with advanced technical indicators and comprehensive market analysis tools. There is no expiration date for PrimeXBT rewards at this time. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. PrimeXBT presents an interface that’s both customizable and user friendly. It’s all treat without. For example, if you only have BTC and want to do a ETH/USD trade, you can turn your BTC into ETH tokens to do so. This is active and manned 24/7. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. As of , the price of 1 DOT is. A enormous, jam packed help center, an official blog, and more can help users when they’re in a pinch. This fee applies to both market orders and limit orders.

PrimeXBT what is it?

Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. This means that traders can use the platform without undergoing identity verification processes. Robinson is also a member of the Young President Organization YPO, NextGen network of executives and the Council of Urban Professionals CUPA. At PrimeXBT, we prioritize efficient and timely service to ensure our clients can access their funds when required. Traders had been heavily short the Swiss franc and long of the Euro. Choosing the right crypto trading platform in the USA depends on your specific needs and trading style. Mirror trading is often lumped together with copycat trading, and social trading — while these are all quite similar in essence, there are distinct differences. But even when I add a couple more, it is still uncomplicated to make sense of my stats. This is not financial advice. If you want to reduce the risk, you can simply open a smaller position. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. Dear Nicolette,Thank you for your feedback. The broker also provides platform tutorials on its YouTube channel. The Bitcoin Cash fork in 2017 helped drive Bitcoin price to all time highs and take the rest of the crypto market with it. Bybit is a cryptocurrency and derivatives trading exchange with multiple other products and features that launched in 2018. 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. There is no general limit. For example, if you deposited with Volet, you must also withdraw using Volet. The order form also displays recent trades and order book data. Overall, I rank PrimeXBT in the middle of the pack. There is not enough information about this exchange on the official website or any other source. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Human help when you need it. For a complete list of restricted regions, refer to Section 1. As of the provided information, the following countries are banned from using PrimeXBT’s services. These products are not suitable for all investors. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders.