User Experience on PrimeXBT

When using live chat, I usually received a response within 2 minutes. Exploring eToro has been eye opening, and it’s clear why this platform stands out in crypto copy trading. Once you have selected the desired exchange direction, the amount of currency to exchange, and chosen a fitting exchange rate, click on the blue ‘Confirm’ button to execute the exchange. Trading App By AvaTrade. PrimeXBT offers competitive fees, which can be found in the platform’s fee schedule. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Looking for a Service. Best regards,The PrimeXBT Team. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. For the readers of The Money Mongers, PrimeXBT is offering a deposit bonus promo code of 35%. They are a fully anonymous exchange which can be advantageous for those traders that value their online privacy and would not like to send over personal documentation.

🔒 Is PrimeXBT Safe? 🛡️

Capterra is free for users. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. Here we provide a step by step guide, complete with screenshots, showing you how to trade crypto futures on the PrimeXBT trading platform. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Changelly’s recent average prediction is $12. You are solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdictions in which You may be liable to pay tax. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Learn more about Baksta’s Legal Terms. ” This will automatically open your position and place it in the “Positions” tab. Using an exchange for derivatives trading provides many benefits. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. Shiba Inu is going down because all crypto is falling. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Therefore, many functions of such unregulated Bitcoin margin brokers can only be used with ID verification.

PrimeXBT Bonuses and Promo

Nothing in this website is intended to constitute the marketing or promotion of PrimeXBT services. The full list of newly added assets includes ADA/USD, ALGO/USD, AVAX/USD, AXS/USD, DOGE/USD, DOT/USD, EGLD/USD, EOS/USD, FIL/USD, FTM/USD, ICP/USD, KLAY/USD, LINK/USD, MANA/USD, NEAR/USD, SAND/USD, SOL/USD, THETA/USD, UNI/USD, VET/USD, XLM/USD, XMR/USD, XTZ/USD. Kraken and Coinbase are two notable examples, as they have obtained approval from regulators like FinCEN US, FCA UK, ADGM Abu Dhabi, and AUSTRAC Australia. Most trading on OpenPeer takes place in USDT and it supports 100+ fiat currencies and payment methods. PrimeXBT does not accept clients from the PrimeXBT KYC jurisdictions listed in the Restricted Jurisdictions List. Fair terms and conditions are a must. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. You can track the status of your withdrawal under the ‘Last Withdrawals’ section. Such exchanges have implemented legal standards towards reviewal of assets prior to them being listed. It has five separate embedded wallets within the exchange. 1️⃣ Visit the PrimeXBT homepage and tap the Register button in the top right corner. Security measures include Two Factor Authentication 2FA, Cold Storage as well as SSL Encryption. The exchange offers features like flexible leverage, a dual matching mechanism, multiple order types, and one of the most robust matching systems in the trading space. 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. 150 intermediate support and is testing today the January Resistance. Our website uses cookies.

Security

Let us introduce you to PrimeXBT, your gateway to a diverse universe of financial markets. 05% for Cryptocurrencies● 0. However, this projection depends on the overall health of the Crypto market and external factors like regulations. PrimeXBT does not charge for deposit or wallet creation. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken. 9 in January, up from 47. 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. This bonus is way better than the $200 bonus as it offers you the opportunity to earn a higher bonus depending on your initial deposit. Currently, Traders can be choose from the following services to buy cryptocurrencies on the platform. Learn smart contract development and blockchain integration in depth. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. Practice disciplined risk management, control emotions, and start with small trades to gain experience without risking significant capital. Whether copy trading is free or not depends on the platform you will be using. All data exchanged between you and the platform is encrypted with full SSL encryption, ensuring your information remains secure. Reply from PrimeXBT Copy Trading. It’s all about giving users tools and chances to make their trading better.

Support

Learn more about Baksta’s Legal Terms. The asset class only showed the world just a fraction of what it is capable of during the 2017 hype bubble. Go to Settings > Security and enable Install from Unknown Sources if prompted. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. In addition, PrimeXBT offers market price charts for a variety of different assets, including cryptocurrency, forex, index, and commodity. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. So in this comparative guide, I have tried to explore both the trading platforms based on the following salient points to drive home the message which is relevant to you. 071 USDT in trading fees. The reason is that Bybit supports over 300 crypto assets and crypto derivatives, compared to the approximate 40 found on PrimeXBT. PrimeXBT integrates TradingView charts, which is a nice feature. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Divisibility is an argument to be made also for Bitcoin’s use as a unit of account, but on that front, the cryptocurrency more directly faces off with the dollar itself. As crypto continues to struggle with fraud and Ponzi schemes, it’s doubtful that Shiba Inu will gain much value over the next year. In short selling, if the market rises, it is the short seller who loses. There may be a large group of traders behind an automated trading strategy. Unlimited via Perfect Money. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. If the company decides to do a runner or a rug pull, or even if they decide you didn’t actually win that trade and refuse your payout, there is very little legal action anyone can take against them. Limits on trading pairs minimum trade sizes and maximum risk/exposure can be found here for each pair. Despite the variety of choices, PrimeXBT is extremely simple to use. It’s become so profitable, some traders have started taking less positions and have let their commissions become their main source of income. The available payment methods include cryptocurrencies, bank transfers, and credit cards. How to Sign Up and Invest Through PrimeXBT. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. Here are the pros and cons to trading on SimpleSwap. The Cardano predictions for 2024 project that the ADA cryptocurrency market will observe a peak value of $0. The objective in part 1 is to maximise your trading volume and climb the leaderboard.

My Key Takeaways After Testing PrimeXBT on Mobile

Usually, there is a chat icon on the bottom right corner of the website where they can initiate a conversation. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. You should also monitor the block times and tokenomics. Visit our Help Centre. The trade fees are very straightforward. No, PrimeXBT does not charge any fees for deposits or withdrawals, although network transaction fees may apply. 2 Turbo statistics bar – on the left side of the ‘Turbo’ page, reflects prediction position statistics and activity. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Hello JavierThank you for sharing your experience with PrimeXBT. Security is paramount wherever financial information is concerned. We use cookies to improve your experience on our site. But it has fewer crypto assets and pairs than some others. GalaxyTrading, a well known trading desk and technical analysis team, believes Litecoin could hit $1000 by the end of 2023, making it one of the most bullish firms.

3 5

If you have traded with PrimeXBT we would really like to know about your experience please submit your own review. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. 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. 3 months still not received the prize. 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. For those traders who are more technical, they may prefer a broader range of order types and functionality. There are infinite different ways to build a strategy that uses different tools and techniques in different combinations, at different times. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Risk management strategies include money management, stop loss orders, and anything that will protect your account. Scammers often target crypto users through phishing schemes or fraudulent websites. This rate is relatively low compared to industry standards, making it cost effective for traders, especially those executing large volumes of trades. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. 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 strategy combines a solid monthly profit of 27. I opened this long position with a tight stop loss.

Worse

We’re sorry to hear about your experience with our app. 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. 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. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Their customer support team is always available to assist, and they go above and beyond to ensure that my queries are resolved promptly. This is better than the other futures exchanges such as BitMEX for example. SandP has crossed below the long term channel up for the first time since it started in October. Walletinvestor’s ETH future prices pattern looks to be in a rally, and Walletinvestor’s seems to project this rally to continue into 2024 breaking through the $2000 level twice in the year, with a slight cooling of the price moving into 2025. Withdrawals: Withdrawing any funds from your account will automatically cancel the bonus. Usually, the best shorting opportunities can be found when the long term market enters a downtrend, and the short term market makes a lower high. However, just a few days after the token sale, Parity Technology experienced a new hacking incident. I think crypto futures has some advantages. 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. However, users might encounter payment issues from time to time. 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. Below are a few more things to consider. These include the ability to stake your tokens in return for passive income, to access yield farming and liquidity mining, which allow users to put idle tokens to work in return for APY Annual Percentage Yield. BSVUSD is consolidating after the aggressive run that led to a peak on January 14. This means that even if a hacker were to access the servers of the exchange, they would not be able to read them. Syla has an industry leading tax integration with PrimeXBT. However, its unregulated status and limited asset selection may deter some users. Io, offering educational resources and technical indicators tailored for cryptocurrency trading, enhancing the trading strategies on PrimeXBT. Cryptocurrency, being a relatively new asset, has many people interested, but it can also be used for just pure speculation. The PrimeXBT Academy is a special place for deep learning in trading.

Worse

Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. To overcome some of those issues, here are a few tips on how to trade Bitcoin the right way. PrimeXBT does not accept clients from Restricted Jurisdictions as indicated in its website. I strongly advise against it. Date of experience: September 23, 2024. By taking advantage of these special deals, you can further boost your trading potential and reduce costs. That’s why we offer some of the lowest fees on the market. 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. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. In the next section, we will discuss the importance of developing a solid trading strategy for instant trading on PrimeXBT. For the uninitiated, “margin” is the debt, or borrowed money, that a trader uses to invest in other financial instruments. To ensure the highest level of accuracy and most up to date information, BitDegree. PrimeXBT is a versatile and innovative trading platform that offers a wide range of features tailored to meet the needs of both beginners and experienced traders. 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. However, sellers were able to claw back these gains, with DOT eventually dropping to $7. To withdraw crypto, go to your Account’s main page, click “Withdraw,” and select the crypto asset. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Bitcoin is the oldest Cryptocurrency and the largest by market cap.

Collect Your Rewards

Traders of different skill levels will find the most profitable for them. To receive max rewards, encourage your referrals to invite more folks. 0235 the Support at 0. Starting Price: Available on Request. Learn more about Baksta’s Legal Terms. You can reach out to me via 📌. Besides better privacy protection, a crypto casino may offer lower fees, higher rewards, instant payments, lower deposit thresholds, and fair gaming. Their blog cames in handy for me. It supports trading in all leading cryptocurrencies, including BNB, BTC, Doge, XRP, BCH, ADA, LTC, etc. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. Go to Settings > Security and enable Install from Unknown Sources if prompted. ONTUSD is trading within a Channel Up on the 4H chart since he January 3 bottom. I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. Crystal offers an extensive overview of the Bitcoin Blockchain, utilizing advanced analytics and data scraping to identify suspicious transactions and related entities. Returns or profits may be subject to capital gains tax. Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. Overall, the customer service of PrimeXBT could do with a little improvement but there are definitely adequate procedures in place to address any of your issues. Additional terms may apply to free offers. DOT prices have been all over the place over the last couple of years, but as adoption of DOT tokens picks up, most crypto analysts have bullish predictions.