Success Stories and Testimonials

Enjoy the freedom of earning online. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. This means that traders can use the platform without undergoing identity verification processes. They have also designed this platform around “widgets”. This includes stocks, currencies, indices, and commodities. It is unusual for crypto exchange to offer such instruments for trading. Trading involves risk. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. You’re absolutely right—leverage like x200 can offer great opportunities, but it’s important to use it wisely and manage risks carefully. Top Cryptocurrency Investment Mistakes and How to Avoid Them in 2024. PrimeXBT delivered a seamless trading experience. Register, then head to the crypto buying dashboard. The platform has an average global rating of 4. In addition, with only seven trading pairs, PrimeXBT’s asset selection is limited compared to some alternatives in the market. Traders can also use up to x200 leverage, letting them trade with smaller investments. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. Other options for contacting support. Now that Ethereum has gone through “The Merge,” there is a new focus for the network. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Unlike most exchanges today, KYC verification is optional on PrimeXBT. This can be done while enjoying some of the best leveraged trading conditions in the industry. Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors.

Security and Transparency

Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. For example, in the EUR/USD pair, the Euro is the base currency and the US Dollar is the quoted currency. For example, a 20x leverage means that if you have $1, you can trade up to $20. Risk Warning: Trading in leveraged products PrimeXBT makelaar carries a high level of risk and may not be suitable for all investors. To deposit Fiat currency USD, go to the Main page,. 01 BTC on the exchange. This makes analysing and making a more informed decision easier than other markets. Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. 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. Your email address will not be published. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges.

Supported Currencies

Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Resource intensive computations are not needed, as the network utilizes a Proof of Stake protocol to manage consensus. When it comes to buying Bitcoin or any cryptocurrency, there are plenty of options. To make a deposit, simply send your coins to the BTC address linked to your account. If you have any questions or need help verifying your account, reach out to our compliance team via email at. 274 If the goal is to be realized, economics and law must work together to eliminate the recipients’. Gold is an established and mature market for investable assets. Bitcoin fell sharply lower in the previous week and extended those losses at the start of the new week. There is no minimum deposit amount, making it accessible for small accounts. However, the lack of regulation should be considered as a potential risk. PrimeXBT stands out as a versatile and secure trading platform, offering several key advantages. The in wallet conversion service will help you to save on transfer fees and time, which would otherwise be spent on withdrawing funds to an external service for exchange. The mobile app has almost all the functionality of the desktop web based platform, with several order options and an impressive array of customization options to suit any trading preferences. PrimeXBT isn’t just another trading platform; it’s a dynamic powerhouse offering leveraged trading on crypto CFDs, commodities, indices, and Forex. Though founded and registered in Seychelles, with offices in St. PrimeXBT is a Bitcoin based margin trading platform. If you have experience trading with PrimeXBT please share your personal review of the broker and what you think are strong and weak points. We’re glad to hear that you’ve had a positive experience with PrimeXBT, especially in terms of order execution and trading features. The first step in exploring a trading platform is signing up, and PrimeXBT keeps it simple with just an email, password, and agreement to the terms. Prime Technology Ltd is PrimeXBT’s Technology Provider. PrimeXBT offers customer support through email, web form, and live chat, available 24/7 to assist traders worldwide. This platform is the best trading platform in crypto, period.

Regulation and Deposit Insurance the steps taken to safeguard your funds

Returns or profits may be subject to capital gains tax. There’s truly no reason not to claim them. Bitcoin is undeniably the highest performer on the Crypto market with the highest market capitalization, highest average price and it garners the most interest. OKX stands out as a top alternative to PrimeXBT, offering a broader range of crypto products and services, plus monthly Proof of Reserve releases for enhanced transparency. If your account equity falls below a certain level, PrimeXBT will issue a “Margin Call,” automatically closing negative positions to manage risk, resulting in lost funds. After that, you can download complete tax reports for PrimeXBT. For more readily understandable and concise price prediction data, please refer to the following table of Stellar Lumens’ long term price projections. 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. Verification or KYC procedure know your customer is not mandatory for customers, but it does offer some benefits. This website provides entertainment content, and using it means you accept out terms. 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. It’s cool that right on the website there is information about price changes and mini chart for taking a quick glance at what is happeninng. PrimeXBT’s Covesting Copy Trading feature allows you to automatically replicate the trades of successful traders. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. 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. Why It Is Popular: Litecoin is often considered digital silver next to Bitcoin as digital gold, and the similarities make sense. Next, we will summarize the key points discussed in this article. I also tested the fiat withdrawal process, using Volet. The withdrawal fee on PrimeXBT is 0. Typically, such conditions thrive in a bullish market, so Dogecoin’s next significant surge may depend on overall market sentiment. Good question, brother. Ethereum ETH was no exception. Innovative technology, strong team, good reputation and fast growth are some of the most important spearheads for Polkadot that could make it a big success. They also offer strong customer support through live chat and email to help with any issues or questions. PrimeXBT provides traders with the ability to use leverage to maximize their trading potential. There is no minimum deposit required to open a margin trading account at PrimeXBT. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information.

Are there military specific discounts that PrimeXBT provides?

To fund your PrimeXBT account using the iOS app, navigate to the “Deposit” section of the app, choose your preferred payment method, and follow the instructions to deposit funds into your account. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Despite initially gaining around 80% profit on a long term position, my experience turned negative upon closing. Simply navigate to the BTC/USD pair and click “Trade. I have worked with a lot of other crypto exchanges and they always bite a huge piece of my profit but here on PrimeXBT they charge only 0,01% for the maker and 0,02% for the taker fees. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Charts integrated from the popular TradingView platform allow traders to conduct analysis right next to where they place, monitor, and adjust their trades. Detailed margin and leverage values for each crypto pair are specified in myAlpari in the “Crypto Futures” section. Baksta is a virtual currency exchange operator and virtual wallet holder with the Financial Crimes Investigation Service FCIS.

How to use $100 to make a $10,000 trade

Only for verified users. 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. This will complete the registration process and you are now ready to login to your PrimeXBT account and enjoy this feature and more. If you want to deposit, all you need to do is go to your account settings, select «Deposit,» and send BTC to the provided address. And on two occasions once the traders have lost enough they just leave and your left with heavy losses. Enjoy a 5% commission, weekly and monthly payouts, and a $150 minimum payout via PayPal or wire transfer. Overnight financing charges, often called swaps, are dynamic with the broker and may change from day to day. PrimeXBT exchange is transparent with their fees structure which is listed on the website. Launched as a solution to enhance Ethereum’s scalability, Polygon quickly attracted both developers and investors due to its innovative architecture and utility. This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions. The platform makes sure you can get your money quickly. 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. Risk management is a focus on taking measures to protect against potential capital loss associated with trading and investing. However, the overall attitude of the market changed, and the strategy did not. They are legally binding and allow traders to speculate on an underlying asset. PrimeXBT offers an award winning crypto futures platform that supports copy trading. PrimeXBT recently launched the copy trading platform, connecting skilled traders with new traders through a peer to peer profit for all involved trading experience. However, according to the platform’s KYC page. This Week’s Summary The crypto market ends the week at a total market capitalization of $2,67 trillion. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The exchange has licenses, but its activities can not be called officially regulated. Dear Daniel,We’re thrilled to hear that you find the versatility of trading both crypto futures and traditional financial assets through a single account on PrimeXBT so beneficial. PrimeXBT is a well established CFD exchange that has become a popular platform for all types of traders as it gives clients the ability to trade a number of assets including crypto, stocks, forex, commodities, indices and more as contracts for difference. 002 ETH when it comes to withdrawing Ethereum.

Minimum deposit

It’s worth mentioning too that they have a secure and easy to use platform for both new and experienced traders. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. We’re here to help you. Bybit’s matching engine is said to be capable of over 100,000 TPS Transactions Per Second. When you leave a comment on this site, it will not show up until a Bitcompare administrator approves it. Tyler and Cameron Winkelvoss, founders behind the crypto exchange Gemini and co creators of Facebook, have predicted a “Crypto Winter” for the near term. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. Be advised, leverage trading is very risky and only experienced traders should try it. فعالیت این شرکت با ارائه خدمات فنی در زمینه پشتیبانی و تعمیرات تجهیزات پزشکی و فیزیوتراپی شروع شد که با توجه به خدمات مطلوب ارائه شده و هزینه مناسب جایگاه مطلوبی در بین جامعه فیزیوتراپی پیدا کرد. This will allow you to earn a commission from referring friends to the platform. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. If you use this specific link you will get a very valuable FREE bonus if you meet the deposit requirements. CFD stands for contract for difference. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. 05 mark by June 2022. 99% fee, not PrimeXBT. Tried it here with demo contests, was very fun. Unlike traditional DCA strategies, the 3Commas bot automates the investing schedule based on your preferences. 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. Brokers by Account Type. PrimeXBT charged me a withdrawal fee of 0. These services are governed by the legal terms and conditions of PXBT. Elections, which could impact regulatory policies for Cryptocurrencies. The Ouroboros protocol was used to form the consensus protocol. Select the CFD Trading or Crypto Futures trading account you want to activate the promo code for.

Webinars and Training Sessions:

Understanding how these volume discounts work can help traders maximize their savings. 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. I tried to contract with them but nobody available. Enjoy the convenience of trading anytime and anywhere with us. Bitcoin is known as the “digital gold”, while Litecoin is known as the “digital silver. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. The platform’s trading fee of 0. When it comes to your personal data, PrimeXBT takes a hard stance of respecting users’ privacy while trading meaning there’s no mandatory KYC. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. Before we do anything, we always think about our users, and how they will benefit. Date of experience: April 29, 2024. Similarly, if you opened a 0. Dear Carlos,We’re delighted to hear that you appreciate the wide range of assets available on PrimeXBT, including forex, commodities, cryptocurrencies, and indices. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. Subscribing to PrimeXBT’s email newsletter or participating in trading forums is another way to access exclusive promo codes and offers. Learning to Diversify and Grow Your PortfolioFrom diversifying investments in the SandP 500 as a complete newbie to an advanced trader desiring to perfect his portfolio, the educational material on PrimeXBT really has something for every level of trader. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better.

Building a Customized Front end for Your Crypto Exchange with HollaEx®

PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. Or do you travel a lot and. PrimeXBT’s focus on major cryptocurrencies and diverse financial instruments makes it suitable for traders looking to trade across different markets. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Register, then head to the crypto buying dashboard. There are no hidden fees like deposit fees or withdrawal fees at PrimeXBT. Bybit has become such a reputable crypto exchange that they have attracted institutional investors and professional firms as well as retail traders, despite the fact that they are unregulated. PrimeXBT delivered a seamless trading experience. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. Please make sure that the form is filled correctly.

Prices

These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. When using an isolated margin type, your leverage is capped at x100. 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. Additional terms may apply to free offers. You can close your running positions on PrimeXBT using either a market or limit order. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. They also support a wide range of cryptocurrencies, making them ideal for a trader looking for a diversified portfolio. PrimeXBT also offers big rewards, like a $200 bonus for a $1,000 deposit, a $100 welcome bonus for $500, and a $1,000 reward for over $5,000 deposits. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. The cryptocurrency market is large. This truly can be anything, as Bitcoin is becoming more popular as a way to इसे देखो। pay for goods and services. A project’s marketing is usually developed with time. As far as withdrawal fees go, one of my favourite features of Bybit is they are not looking to make a profit from customer withdrawals, something very rare among crypto exchanges. Best regards,The PrimeXBT Team.

Trading platforms Comparison with competitors

For additional inquiries, you can contact their team at. We are here to become a 1 Bitcoin based platform for multi asset trading with leverage, and our clients feedback is the most important to us. IOS and Android apps make trading on the go easy. Trading involves risk. However, according to last year’s analysis given by a Coinmonk analyst, the cryptocurrency could reach $1. So pretty much the same conditions as any top broker. They are available from any browser, which makes trading comfortable. 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. This method effectively measures the capability of customer support to assist both active traders and casual investors. This is why many prefer the term pseudonymous when it comes to crypto. Limits often include minimum and maximum transaction sizes, daily withdrawal limits, and exposure limits. Hola diego,¡Gracias por compartir tu experiencia.

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US residents may find the exchange particularly appealing and it is one of the few exchanges that does not specify that services are restricted for US residents in its terms of service. PrimeXBT also offers a comprehensive support section, where you can find FAQs, educational resources, and customer support. The crypto market is highly volatile, and prices can experience significant fluctuations. Bitcoin, the world’s first and most popular Cryptocurrency, has always been a topic of great interest and speculation. Below is a chart that shows how a traditional margin loan would work in a traditional stock brokerage. PrimeXBT uses robust security measures to protect your account and funds. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. There is also a copy trading tool called Covesting. Good platform to learn how to trade. Here is an example of margin trading in the crypto market. The file is verified secure by PrimeXBT. Industrial grade encryption and proactive threat detection heuristics ensure your API keys and personal data security. Oil futures, stock options, and CFDs are all examples of financial derivatives, and they are also available to Bitcoin traders. 2 Choose the prediction currency. 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. Prime XBT Trading Services, S. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Remember, while high leverage trading carries risks, PrimeXBT remains a robust option for diversified trading on a unified platform. Volume of $150,000 by trading Crypto Futures and get $5 on your trading account. 🌍 PrimeXBT restricts services to specific countries, ensuring compliance with IP checks and residency confirmation during registration. It is important to note that if a position is carried over into a new trading day or trading session, an overnight financing fee is applied. Its Covesting module, which shows top traders, their funds, and returns, allows anyone to invest in other traders and start an investment fund. Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. However, it’s important to be aware that this review process can result in a delay of the withdrawal process as the request is thoroughly checked before approval. This review shows PrimeXBT supports big cryptocurrencies like Bitcoin and Ethereum. Launched in 2018, PrimeXBT has quickly established itself as a reliable and innovative platform, offering traders access to global markets with competitive fees and advanced trading tools.

PrimeXBT what is it?

For security reasons, PrimeXBT maintains limited cryptocurrency balances in its on line hot wallet and processes all pending withdrawals once a day, between 12:00 and 14:00 UTC. Alexander Goodenough ist ein Content Experte bei PrimeXBT, der sich darauf spezialisiert hat, ansprechende und informative Inhalte zu verschiedenen Themen zu erstellen. It’s also where you access your margin trading, turbo predictions, and covesting strategies features. PrimeXBT has never suffered a hack or security breach during its operational history. While some hedge funds blew up, some retail traders became overnight millionaires. Higher leverage allows for greater market exposure with a smaller initial investment, but it also increases the potential for significant losses. 05% per trade for cryptocurrency transactions. These minimum amounts are adaptable and may vary in response to changing network conditions and market fluctuations, ensuring efficiency and practicality in all transactions. And it doesn’t matter if you are working with a person or a company. Looking for a Service. While PrimeXBT receives a lot of praises, there are a few areas where users have expressed concerns or suggested enhancements. For example, BitMEX was fined $100 million by the Commodities Futures Trading Commission for anti money laundering violations. Tony Severino ist technischer Analyst, Content Produzent und Händler bei PrimeXBT und bringt über 15 Jahre Erfahrung in den Online Medien mit. This site contains affiliate links to products/services. Product and feature support could also be expanded if PrimeXBT plans to compete with more robust trading platforms, though many traders prefer the simplicity of PrimeXBT without all the extra frills and “noise” that overcomplicates many other platforms. Scam Forex Brokers in Namibia.

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Moreover, this makes the platform less of a target for hackers looking to exploit user databases. Day trading is a trading style that involves opening and closing trades within the same day. Open the downloaded file and tap Install to complete the installation. Leverage trading amplifies both profits and losses. Similar to Bybit, the UI/UX is clean and easy to navigate, with drop down menus that make finding your way around a breeze. There are also plenty more success stories like Satoshi Bets and his followers being shared by users in the PrimeXBT Covesting Module Telegram group. 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. Our website uses cookies. Bookmark the official exchange website or manually type the URL each time you visit. According to a new earning report from automotive manufacturer Tesla, the company did not sell any of its BTC holdings in the fourth quarter of 2022. ” Determine your position size by adjusting the “amount” field and set stop loss/take profit levels. However, while developed countries have generally rebounded, the effects are still heavily felt in emerging markets that are still trying to recover. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. When used correctly, even a small price movement can amplify your potential profits and grow your trading account. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. This means that your account ties into their trades and executes the same trades. 66767197 USDT Long 4000, SwapRate=0, InterestRate=0. Scan the QR code with your device’s camera and get APK file.