R/PrimeXBT
Visit PrimeXBT to find out more about the different account types available and chose the one which suites you most. It also provides a breakdown of individual crypto and US dollar balances. In conclusion, PrimeXBT is a versatile trading platform that offers extensive market access, from cryptocurrencies to traditional assets, such as commodities and forex. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Currently, Traders can be choose from the following services to buy cryptocurrencies on the platform. Promo codes on PrimeXBT are special codes that can be used to receive discounts on trading fees, bonuses, or PrimeXBT Telegram bot other benefits. Margex is a crypto derivatives platform that specializes in perpetual futures. The platform launched its trading services in early 2019. This could easily be due to user error, rather than anything that PrimeXBT was doing. 39%, drawing the attention of four followers with a combined equity of 3180. Yet, the ease with which one can leverage these trading opportunities remains uncertain. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Ganá ingresos adicionales a través del programa de referidos de PrimeXBT invitando a amigos y colegas a operar en la plataforma. PrimeXBT is the first platform that blends both markets, the traditional one with forex, indices, commodities and other instruments and the “new” market with digital instruments. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. By incorporating these risk management techniques into your trading strategy, you can protect your capital and improve your chances of long term profitability on PrimeXBT.
Cons
As you can see both the ETH and XRP USD crosses, seem to follow BTC’s price action, albeit with less magnitude. Gold trading is one of the more popular ways to trade commodities online. Creating an account with PrimeXBT is a quick and straightforward process. The average price in 2025 is expected to be near $49,000. 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. The average stock pick inside Stock Advisor is up 571% — more than 4x that of the SandP 500. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Placing trades on PrimeXBT is simple, with an easy to use order form. Your email address will not be published. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Vincent and The Grenadines, and moved its domain and trading infrastructure to Switzerland. They also use Cloudflare’s technology to mitigate the risks of DDoS attacks. We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. We’re glad you’re enjoying the platform. For example, social media influencers, YouTube celebrities, bloggers, forum administrators, and more, can all capitalize on their existing audiences to bolster their revenue streams exponentially using PrimeXBT’s programs. The platform caters to a diverse audience, ranging from novice traders to seasoned veterans. Cold storage is integral to PrimeXBT’s security policy for most digital assets.
FAQ
PrimeXBT is a cryptocurrency exchange that offers leveraged trading for several digital assets, including Bitcoin, Ethereum, and Litecoin, among others. However, they are vague and ask for mature, professional traders with excellent trading records and strict trading risk management. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. It should be noted that for much of late 2022, LTC outperformed many other crypto assets. 📱 Access copy trading anywhere with PrimeXBT’s mobile app. Not all trading or investment strategies are created equal, and some are better suited for each trader’s personal traits. These fees can either be positive or negative, depending on whether you are holding a long or short position. Once you have funds available in the trading account, you can click on « Trade » from the top navigation bar.
How to Short Dogecoin
PrimeXBT delivered a seamless trading experience. Other strategies like Options Trading and Pairs Trading leverage market discrepancies and correlations to minimize risk and maximize potential gains. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. You can open a cryptocurrency exchange account the same way as opening any brokerage account. It involves analysing the patterns and trends over time to help you understand when to enter or exit a position. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. Crypto futures also offer leverage up to 1:200. You do not have to trade on PrimeXBT to earn money with your crypto. Gemini also offers a leading crypto rewards credit card. Users also have access to the Help Center, which features a comprehensive FAQ section. I opened this long position with a tight stop loss. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options.
4 Finestel – Copy trading platform
Coinbase is the better crypto focused platform, while PrimeXBT is better for traders who want to trade CFDs and multiple different markets. Returns or profits may be subject to capital gains tax. Like many others, Bybit uses the Bitmex model of 0. 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. Overall, I rank PrimeXBT in the middle of the pack. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. Top Notch Brokerage Verification was fast Support respond almost instantly Withdrawals are processed in less than 5 minutes sometimes upto 20 minutes Very transparent bonuses and promotions i withdrawn 2 timesBut the CFD web interface need improvement. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Unrecognized or Partially Recognized Jurisdictions. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. The proprietary risk manager helps budding traders prevent liquidation and manage trade risk. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. And it’s probably only fair that we ask the same thing of PrimeXBT. Our 24/7 support team here to helpLive chat. For example, the minimum order size for Bitcoin trading is 0. After that, select from the list of available traders the one whose strategy seems to you the most successful and click Follow. This limits its use in some areas. This indicates that PrimeXBT has many users and a lot of investment.
Kate Leaman Lev
With support for multiple cryptocurrencies and instant fiat deposit options, PrimeXBT ensures that traders can quickly and easily fund their accounts to start trading without delay. Therefore, direct cash or fiat currency deposits are generally not supported. With our flexible, 4 level Referral Program, you can earn additional income just by introducing friends to PrimeXBT. There is a range of extra features at PrimeXBT beyond its trading platform. Zengo not only allows users to purchase, sell, and trade a diverse range of cryptocurrencies but also enables effortless interaction with numerous Dapps and DeFi platforms via WalletConnect. Learn more about Hedge Mode ➡️ dJzBQVPrimeXBT TheNewPrimeXBT. If there’s anything we can do to make your experience even better, or if you have any questions, please don’t hesitate to reach out at. To withdraw Cryptos to an external Crypto wallet, go to the main page,. Last time this happened on a top June 2019 it initiated an extended pull back to the 0. Top 5 Cryptocurrency Exchanges to Use This Bull Run. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. 🚀 We’ll explore how PrimeXBT operates, its diverse services, safety measures, and its ideal users. No, PrimeXBT does not support privacy coins. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. PrimeXBT is officially set up in Seychelles, which means it follows international laws. Step 2 – Complete the form. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
Futures Fees
It will start with “BTC. You can trade Bitcoin and a few other digital assets with leverage up to 100x, which is HUGE considering that the usual leverage offered by CFD brokers is about 5x I’ve seen 20x but this was on a very few occasions. Typically, higher levels of account verification allow for higher withdrawal limits. Gold is an established and mature market for investable assets. The reason for this is simple: your free margin depends on the unrealized profits and losses of your open crypto trades. Bitwage is a well established platform that provides payroll and human resource services for this day and age, when the use of digital currencies in payments is growing rapidly around the world. Key elements include a customizable trading interface, advanced charting tools, trading activity, and real time market data, all presented cleanly and organized. Leverage allows a trader to place bigger positions than a typical account will. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. With a cash account, any positions taken will be an exact representation of the amount of USD value or corresponding fiat currency or cryptocurrency value of the asset. PrimeXBT also conducts regular security audits and employs advanced cybersecurity measures to stay ahead of potential threats, ensuring a secure trading environment for its users. This is because they are one of the few exchanges that do not complete KYC or AML checks on their traders. No, PrimeXBT does not currently offer any services to residents of the United States.
Access to 100+ global markets on one platform
In 2021, the network secured more than $75 billion of value as it grew to include 1100 projects. Io, ofreciendo recursos educativos e indicadores técnicos diseñados para el comercio de criptomonedas, mejorando las estrategias de trading en PrimeXBT. I can share a little bit what indicators I’m using during a trading session, these are: Ichimoku Cloud, Fibo retracement and the RSI index. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. They handled our concerns quickly and were very helpful. In New Hampshire, HB 436 exempts “persons using virtual currency” from registering as. PrimeXBT provides responsive customer support, a critical feature for traders with open trades and live money at stake. This is the tab that will pop up on which you need to specify the amount that you want to withdraw 1 and then confirm it 2 to transfer the funds to the wallet. Currently, PrimeXBT only allows direct crypto transfers. 12 milliseconds on average. Though the platform has a lot of positive reviews and few complaints, and a long history of satisfied traders, this is still an important consideration. While no KYC limits seem to vary depending on the account holder – most users can withdraw up to 5 10 BTC per day – which is plenty. WE SHALL PUBLISH A NOTICE ON OUR WEBSITE OF ANY CHANGES THAT WE DECIDE TO MAKE MODIFICATIONS TO THE FUNCTIONALITY AND IT IS YOUR RESPONSIBILITY TO REGULARLY CHECK OUR WEBSITE FOR ANY SUCH NOTICES. Other strategies like Options Trading and Pairs Trading leverage market discrepancies and correlations to minimize risk and maximize potential gains. Really i don’t know why developers of primexbt ios app don’t look to bybit and binance or ftx exchange ios app Your app need a lot of features i can’t make my favorite watchlist ffrom different markets just in one watchlist on ios app i don’t have to see pairs or coins i don’t trade every tome i check prices or just changes and indicators i don’t have to set my indicators in every single pairs and different markets It must be just one time and ios app save it in all pairs and markets in tradingview of primexbt please at least you must be like other exchanges ios apps secondly i will write another review to be creative and make new features. A quick 3min read about today’s crypto news. Bybit and Coinbase attract different users and specialize in different areas. Download the PrimeXBT App today, so you too can trade the markets anywhere, at any time, and get started with as little as $5. Placing stop loss orders can help mitigate losses in the event of a sudden reversal stock price.
Unlocked: Crypto Handbook!
PrimeXBT integrates TradingView charts, which is a nice feature. Leverage can lead to leveraged positions being completely liquidated if the market moves against your position. However, it is important to note that the high leverage and unregulated nature of PrimeXBT introduce heightened risks that traders must be willing to accept. Even though the company is still relatively new in the trading industry, PrimeXBT has grown to become an industry leader. Bybit has also done an impressive job expanding its offerings, now contending with the likes of Binance and OKX thanks to their solid reputation, long standing track record, and respect within the crypto community. No single entity, whether a government or a central bank, controls crypto transactions. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. And although the site has quite clear functionality, without knowledge of English you will probably need a little help from an online translator. For example, I used crypto transfer for the first time. Doctor Profit @DrProfitCrypto August 7, 2024. You can deposit any amount that would be sufficient to provide the required margin for your trades. Today, platforms are a dime a dozen, presenting its own unique set of challenges. Margin also lets traders long and short, as well as trade derivatives contracts like Futures, CFDs, and Options. When trading with margin, it’s important to always keep a sufficient amount of funds in your trading account, and never use 100% of your Available margin. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. Best regards,The PrimeXBT Team. By capping the leverage on isolated margin trades, PrimeXBT may be attempting to protect traders from the rapid exhaustion of margin in the face of volatile market shifts. For the conditonal order type, you can easily place your take profit and stop loss orders.