Benefits of Cryptocurrency

Yes, many bonuses have an expiration date. PrimeXBT is a global trading platform that was founded back in 2018 and has its headquarters in the Seychelles and St. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. So instead of seeking confirmation before opening or closing a position, one click trading simplifies the workflow. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature. BlogCheck zulutrade forex broker us out the latest news from the markets and expand your knowledge from our blogs. Instances triggering a CDD procedure include potential misuse of our services or suspected violation of our Terms and Conditions. When trading on leverage, traders can potentially enhance their returns by a certain factor. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. As of late December 2022, Dogecoin price has stabilised, and now trades at an average price range between $0. One of the crucial aspects of any trading platform is how quickly you can get your hands on your cash. Transparent regulated cryptocurrency exchanges, are more likely to have KYC compliance and have KYC measures in place. Notably, there are no trust scores from CoinMarketCap and CoinGecko. 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. PrimeXBT is a perfect match for copy traders. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No.

Zulutrade

Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. Traders must comply with these regulations to avoid potential issues and ensure a smooth trading experience. Cryptocurrency related services in Prime XBT are offered by Lithuanian based company Baksta UAB, registered by the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. To engage in leveraged crypto trading options, traders must fund their margin trading accounts in specific digital currencies like BTC, ETH, USDT, and USDC and maintain enough free margin to cover potential negative price fluctuations. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. 2 of PrimeXBT’s Terms and Conditions. PrimeXBT charged me a withdrawal fee of 0. PrimeXBT Contests provide an exciting opportunity for traders to participate in risk free trading competitions using virtual funds. Explore more about the program and maximize your earnings today. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. We aim to ensure transparency and fairness in all our promotions. Margin trading can be good for beginning traders, mainly because it allows you to control larger positions with very small amounts of money. When crypto lacks momentum or its characteristic volatility, traders can access other markets that trend at different times and intensities. This fee structure is straightforward and transparent, ensuring users are aware of the costs associated with moving their funds off the platform. It is extremely user friendly it is fast, it is sleek, and it is not crammed with extra information which is unrelated to trading which seems increasingly common among large exchanges these days. You can reach out to me via 📌. By margin trading with leverage you’re able to profit from both rising and declining markets by Short selling and Long buying. Embark on a collaborative trading journey with PrimeXBT copy trading feature. As a trader on PrimeXBT, I find their user dashboard to be one of the best out there. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. Double click trading: This feature enables traders to send new orders, cancel working orders, and close positions without confirmation, all with just a double click.

Is Ethereum a Good Investment?

PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Before you can successfully place your first Bitcoin trade on the PrimeXBT trading platform, you need to understand some important concepts and trading terms. Com is offering several coupon codes that can provide significant savings. Our website uses cookies. What also makes it stand out from other crypto exchanges is that it has more than 12 liquidity providers, thus making it easy for people to get money onto its platform. Com ReviewRoboforex ReviewIC Markets ReviewForex. Our 24/7 support team here to help. The copy trading offered on PrimeXBT has been growing in popularity, attracting some talented traders to the platform. This gives a leverage ratio of 10:1. Cryptocurrency trading instead provides holders of Crypto with an alternative to investing – profiting from both market downtrends as well as uptrends. For traders who want to keep their finger on the pulse of the market and not miss opportunities to open profitable deals, there is a mobile application PrimeXBT. Reply from PrimeXBT Copy Trading. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, and financial instruments, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. Navigation was intuitive, with all the essential tools and indicators just a click away. This means that users can relax without worrying about their passwords and data being breached by hackers. The earn feature is powered by DeFi protocol Covesting, which makes it possible for users to stake their assets for attractive APYs. Additionally, traders can use a range of cryptocurrencies for deposits and withdrawals and as their account’s base currency. They also do not offer any downloadable PC client program to trade on, the platform is browser based only. Luckily the customer support appeared to quite professional to help me withdraw my previous earnings and close my trading account since it can no longer be available from my current place of residence. Per andare short su PrimeXBT, accedi, scegli il mercato, imposta i parametri per una posizione short ed esegui l’operazione selezionando “Vendi”. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. This gives the trader the advantage of making money on «borrowed funds». The execution of trades happen almost instantaneously, facilitated by electronic platforms and sophisticated order matching systems. This provides users with a fantastic and passive way to potentially earn profit from experienced traders, as well as diversify one’s trading portfolio. They are registered in Seychelles and have offices in St. You can test out the software and generate a preview of your gains and losses completely for free by creating an account. It supports trading of over 100 assets from both crypto and traditional markets. In order to reduce the possible negative impact of breaking news on your trades, you should actively manage your trades and always use a stop loss. Central banks worldwide have tight monetary policies, which does not help risk taking. These contracts can be settled either by physical delivery of Bitcoin or through cash settlement but are typically traded on open markets before their expiration multiple times over.

Questions? Get in touch

Best regards,The PrimeXBT Team. Share it with your online audience social media, blog, website, forums, friends or family. 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. Through these third parties, customers can buy BTC, ETH, USDT and USDC. As a decentralized exchange, PancakeSwap will never ask you for personal details and there’s no KYC necessary. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis and forecasts for bitcoin price and other altcoins. Minggu 07:00, 09:00,17:00. This involves understanding the markets, analyzing trends, and making informed decisions based on data. Moreover, PrimeXBT does not provide Virtual Private Server VPS hosting, which is necessary to achieve ultra fast order execution speeds. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. The three tokens are described as follows. When you access the Covesting trading software, the first thing you will see will be a listing of hundreds of strategies shared by experienced traders. A trade on the GBP/USD CFD contract has a margin requirement of 0. They usually send withdrawals back to where they came from, unless there’s a good reason not to. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. PrimeXBT’s flat fee structure simplifies cost calculations, making it easier for traders to manage their expenses. As a result, the investment will often look to those countries to expand. So, how do these distinct elements collectively shape the trading experience on PrimeXBT. Here are some frequently asked questions about PrimeXBT trading bonuses, along with detailed answers to help you better understand these rewards. Unfortunately, the answer was negative. This is because the actual login page should have a secure padlock in the browser. The stock market has been the same for the last fifty years and since online trading first started taking over.

Keep Your Crypto Safe and Secure With Zengo

Before you can successfully place your first Bitcoin trade on the PrimeXBT trading platform, you need to understand some important concepts and trading terms. Prime Technology Ltd is PrimeXBT’s Technology Provider. Bitcoin fee withdrawal is 0. Our Currency Converter uses live rates to provide you with the most up to date conversions. We’re thrilled to hear that you’re enjoying the diverse range of trading instruments on PrimeXBT and finding success across multiple assets. Step 2: Access the registration site. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. Required fields are marked. Each account can have up to 20 subaccounts. Dear Andile,Thank you for sharing your excitement with us. I think Binance took over the crypto market easily for the same reason. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. To protect user data and integrity, PrimeXBT has developed a comprehensive anti money laundering AML system, adhering to the guidelines and recommendations of the Financial Action Task Force FATF for Virtual Asset Service Providers. A stop loss order protects a trader from the value of an asset going too far in the opposite direction of the trade they predicted, and prevents the trader’s position from risk of liquidation. This feature certainly stands out in the crowded market and positions PrimeXBT uniquely. Leverage is expressed as a ratio, like 5x or 10x. Dear DanutaThanks for your feedback, PrimeXBT appreciates your opinion. Benefit from impressive leverage options, diverse trading instruments, and lightning fast execution. Advanced trading concepts can be confusing for beginners. However, there’s a demo version for new users who are unsure about using the exchange. Thanks again for choosing PrimeXBT. Nikmati pengalaman dagangan yang lancar di mana saja anda berada dengan aplikasi iOS PrimeXBT.

PrimeXBT Background

6823 as crypto prices rose, then pulled back to $0. Orders may be rejected for reasons like insufficient funds, slippage settings, or reaching the maximum allowable open positions. Some products and/or services might not be covered by the Compensation Fund. Report rules violations. As long as you use caution and a bit of common sense, margin is a great tool. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. Prime XBT Trading Services, S. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. Scan this code to download app. As a non custodial platform, Changelly does not enforce KYC processes as standard. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. That’s why we offer some of the lowest fees on the market. Go to Settings > Security and enable Install from Unknown Sources if prompted. Also you can trade more than a 100 assets and their spread is as low as 0. This provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. Instead, they receive compensation from the bid ask spread—the difference between the bid and ask prices of a crypto asset. The platform’s design is sleek and intuitive, minimizing the learning curve for new users. With investing, the goal is typically long term profits, and a window of months to years between any buying or selling.

Desktop Version

Below is a summary of some of the most popular spot trading strategies on PrimeXBT, helping traders select an approach that aligns with their trading preferences and risk appetite. However, the platform has seriously kicked it into high gear, attaining regulatory approval and a Triple A security rating. However, there are some regions where PrimeXBT does not accept users, including. Channel name is account YOUR ACCOUNT ID. The responses were fairly detailed but lacked accuracy in addressing all queries. Trade Crypto Futures Contracts incl. Users need to withdraw cryptocurrency from PrimeXBT and then convert it to fiat via third party exchanges, which can add extra steps and fees to the process. They knew that their platform was full of Americans with anonymous accounts using their exchange through VPNs, so they lied. Even so, Binance has set itself apart by offering an insurance fund for user assets. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. According to the FCA, mirror trading fits within MiFID’s definition of portfolio management. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Receive the latest news and stay informed. Withdrawals are processed 7 days a week. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. This can be a concern for users seeking platforms with strong regulatory compliance. One of the key tips for maximizing your trading experience is to use the advanced trading features available on PrimeXBT. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Once you have done that, you can trade at PrimeXBT.

Let others do the work

AMC was once the world’s largest cinema chain and was in danger of falling apart as the pandemic took hold. Throughout my testing, the app performed smoothly without any bugs or glitches. If the app is unavailable in your region, you can still access it through direct download from our site. As a crypto trader, I must say prime XBT is a great platform due to its multifunction. Competition: There are many blockchain initiatives fighting for market share in the extremely competitive bitcoin sector. Institutional adoption is driving the current bull market. However, its unregulated status and limited asset selection can be potential drawbacks. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI.

Advantages of the Fixed Tradable Bonus:

You must have at least 200 USDT/0. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Compared to the industry average, PrimeXBT provides an average number of currency pairs and a high number of commodities, indices, and cryptocurrencies. The services of BingX are not available to Canadian citizens, who are directed towards other beginner friendly exchanges such as Uphold. Despite initially gaining around 80% profit on a long term position, my experience turned negative upon closing. Excessive overnight fees make it challenging for swing traders andlong term investors to achieve consistent returns. Download and install the PrimeXBT app to stay in control of your account at all times. Given the amount of leverage that traders can access, with the volatility in the crypto markets, we would suggest that you make use of the protection orders – for your own good. The sign up process is simple, and partners can generate between $40 and $1,500 for every qualified user that they successfully bring to the platform. These assets can serve as a hedge against inflation and market instability, offering traders opportunities for diversification and potential long term growth. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom.

US dollar

To do that, go to the “Account Summary” page and click on “fund trading account. Let’s start by exploring the trading fees on PrimeXBT. However, one aspect that could be improved is the absence of an API. PrimeXBT has most of the standard order types as well as some protection orders. We’re glad to hear that our support team was responsive and able to assist you with your queries about taker/maker fees. This means a daily rate of 0. Designed with a research driven approach, Cardano focuses on the sustainability, scalability, and security of decentralized systems. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Withdrawals are processed manually once daily, which may cause delays. By batching transactions together, the platform effectively reduces the cost per transaction on the network, benefiting users by lowering their withdrawal fees. Click Download and confirm the file download if you see a warning. The losses you make with short selling will surpass your initial investment. We’re thrilled to hear that we stand out as a top notch crypto exchange compared to others you’ve used. And what about the other key features that make this platform worth your time and money. We’re committed to providing a robust infrastructure that supports traders in managing their exposures and achieving their trading goals. Cryptocurrency withdrawals may also involve network fees in addition to the platform’s withdrawal fee. It seemed slightly outdated in my opinion from a design and navigational standpoint. What you should know about high risk investmentsRead more. PrimeXBT clients can fund their accounts using bank cards, e wallets, or cryptocurrencies, while withdrawals are exclusively processed in crypto. The Bitcoin Cash hard fork currently is the most notable fork in history, but as time has shown, it failed to overtake the original Bitcoin, even though that was the intention. It would level the playing field in terms of the currency wars and keep countries from ever growing too powerful again in the future. It feels like a form of ‘legal’ theft. Understanding the significance of Know Your Customer KYC procedures, we emphasize that all clients adhere to PrimeXBT guidelines, exercising due diligence in compliance with local laws and regulations. To open a trading account. Yes, using the in wallet exchange feature, you can exchange BTC, ETH, USDT and USDC amongst each other, directly in your PrimeXBT account. However, insurance coverage is still rare within the crypto industry. Limit orders can last for as long as you choose. Of course, the disadvantage is that if markets move against you, it can negatively affect your remaining capital or realised P/L. Scan the QR code with your device’s camera and get APK file. Unlike Bybit, which leverages Tradingview, PrimeXBT developed their own trading technology and interface that is robust and has plenty of features, with over 50 tools and indicators available for traders to access.

5 0

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. Casual traders interested in digital assets can benefit from PrimeXBT’s extensive crypto offering. There are three simple steps in order to receive the bonus. Receive the latest news and stay informed. Part of the reason that trading is so profitable is because Bitcoin, as an example of a cryptocurrency, is very volatile and thus the price can fluctuate up and down a lot in a single day. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. DOGE doesn’t always shine, and there are some things that you need to be aware of before putting you invest. Comments: Limited technical analysis tools. However, there were a few areas of disappointment. Dear BriasThank you for sharing your experience with us. If we detect a potential PrimeXBT outage or other issuebefore it was reported on the official status pagewe will send an Early Warning Signal notification to StatusGator subscribers. Among its users, PrimeXBT is known for its powerful trade engine, which offers super fast order execution and processing times, along with real time risk management. Bonuses on PrimeXBT are promotional offers that provide users with various benefits, such as trading fee discounts, deposit bonuses, or additional trading funds. Moreover, the platform makes excellent use of liquidity provided by notably larger exchanges and market makers in the industry by pooling it. PrimeXBT is a well known trading platform that offers users a variety of tools and opportunities to engage in the world of cryptocurrency and traditional asset trading. Copyright © 2025 Coincub Limited.

Diego Sanchez

Recognisingthe burden of high financing fees, PrimeXBT has taken the pioneering step ofsignificantly reducing its overnight financing fees across Forex and CFDs. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. They can only be used for trading as additional collateral for opening positions. Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. Lead by example and treat others as you would wish yourself to be treated. Our website uses cookies. PrimeXBT provides customer support through email and live chat, ensuring that users can get help with any issues or questions. PrimeXBT Trading Services, S. Day traders have the luxury of going to sleep without being in a position, and don’t have to worry about the always on, 24/7 Crypto market getting the best of them while they rest. Active users across the world. To activate this bonus, you usually need to enter a promo code or take advantage of a promotional campaign. PrimeXBT does NOT require KYC procedures for traders. Along with that, our crypto expert, Denver, said that US users can trade on the platform without using a VPN, something that many traders struggle with nowadays. If you speculate with 1 bitcoin that XRP price will surge against BTC in 24 hours and it does increase by 10%, you’d make a profit of 0. CoinEx is a no KYC exchange that serves users globally including in Europe, North America, and Australasia. Dive into weekly trading contests with virtual funds for a chance to win rewards up to $10,000. Use information provided on this websiteentirely at your own risk. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. The platform quickly gained traction in the cryptocurrency trading community due to its user friendly interface, competitive fees, and a strong suite of trading tools. Overexposure to the market due to excessive leverage can lead to large losses. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. You can also set Protection orders for any existing position by double clicking the position where you want to add Protection order. The SEC claimed that XRP was a security and should have been registered with the agency. Still finding PrimeXBT too complicated. However, like all investments, it comes with its own risks. Payments to partners are made in the same way as other withdrawals, i. Note: Users located in the US and UK are not supported. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution.

Open free account

There are also exclusive promotion periods and additional rewards for some of the top traders. However, it also comes with a higher risk of liquidation due to increased volatility. PrimeXBT supports several cryptocurrencies, including Bitcoin BTC, Ethereum ETH, and other popular digital assets. In 2020, the company won the award for best bitcoin Margin Trading by ADVFN International Financial Awards. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. The most common reason for an investor or trader taking advantage of a margin account over a standard cash account is to utilize leverage. For business or partnership queries, please contact us through. 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. The isolated margin mode enables crypto traders to adjust and restrict the amount of margin balance allocated to each of their individual positions, which enables more effective risk management. Being honest, trading bitcoin is exhausting and it indeed takes a lot of energy. Setting Up Perfect Money. Grow your portfolio automatically with daily, weekly, or monthly trades. This is another element you need to consider when you ask the question “is Chainlink a good investment”: is it scalable, does it have the ability to be applied to other technologies, and how does it benefit the entire Cryptocurrency market if it has the capability to do so of course. A project’s marketing is usually developed with time. Shorting Bitcoin on PrimeXBT is possible thanks to the contract for difference market that enables price speculation without physical asset ownership. In the sections that follow, we will explore the detailed features, fees, security measures, and other critical aspects of PrimeXBT and Bybit. The company is registered in Seychelles under the holding company name PrimeXBT Trading Services, but it also has offices in St. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Here is a look at the margin requirements for some of the 51 forex pairs available. 05% for cryptocurrencies is also lower than that of many comparable CFD brokers, emphasizing its cost efficiency in the competitive market. Additionally, with major projects like Polygon 2. The file is verified secure by PrimeXBT. Polygon’s price in 2024 is expected to be shaped by various factors. Areas for Improvement. The minimum deposit is from $1. Staking COV tokens unlocks the following benefits.

Full Name

This comprehensive guide will provide detailed instructions on how to short on PrimeXBT, including the steps involved, strategies to employ, and best practices for managing risk. These include things such as the colours, grids and spacing. Date of experience: December 27, 2024. 67 USDHow can the financing of this trade outweigh the profit by a few cents. It’s always a nice touch when an exchange includes additional material to help smooth your trading experience. Polygon’s price in 2024 is expected to be shaped by various factors. Users are required to verify their accounts to deposit and withdraw Fiat currency. However, depositing or withdrawing fiat currency will require KYC identity verification. You can open an account and start trading with just your email address. Before you press “Confirm”, review the order. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. This will allow you to earn a commission from referring friends to the platform. In fact, its competitive commission rate of 50% profit share can ensure your high earning potential. Reply from PrimeXBT Copy Trading. 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. Understanding the fees and limits associated with withdrawals is important for efficient financial management.