PrimeXBT® Official Website

PrimeXBT Trading Services, S. PrimeXBT is a crypto trading platform. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. We use dedicated people and clever technology to safeguard our platform. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. This bonus can be a valuable tool for traders looking to expand their trading opportunities, but it is important to be aware of its limitations and potential risks. I thought it was just a phase and would completely forget about it after the pandemic.

Regulatory Compliance and Legal Framework

Shiba Inu holders make up a vast group. PrimeXBT has further helped users pick their ideal trader to copy by creating a Wall of Fame. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. 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. The crypto world is young. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. If you need a fast response and aren’t getting one through the ticket system, reach out via PrimeXBT’s social media channels, such as X or Telegram. However, there are a few things that you will have to keep in mind. Open the downloaded file and tap Install to complete the installation. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. If the USD/JPY pair moves from 114. Utilizing advanced charting tools, technical indicators, and risk management features can enhance trading efficiency, helping to reduce costs. Covesting is an innovative copy trading platform that pursuant to a white label licensing agreement, brings together PrimeXBT and Europe based fintech software developer, Covesting, which helps connect traders with followers, enabling them to profit from one another synergistically. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. If you login PrimeXBT 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. 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.

Security Measures on PrimeXBT

PrimeXBT utilizes extensive cyber security implementations to ensure that strict measures and practices are in place to protect customer funds against risk. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. This crypto exchange offers its users the ability to trade on its platform an impressive range of different cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin. The PrimeXBT platform supports spot markets for over 30 of the most popular cryptocurrencies in addition to forex pairs, major stock market indices, and a broad selection of popular commodities. However, a substantial portion of ADA’s supply was already unlocked at launch. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. 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. The Bank of England BoE has reduced interest rates by 25 basis points 0. Prime XBT Trading Services, S. This is something that you can get in your account management page under the “referral” section. Limits often include minimum and maximum transaction sizes, daily withdrawal limits, and exposure limits. Most crypto assets stored by the exchange are kept in cold storage i. Theoretically, it can go as high as any other asset, digital or traditional. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Once completed, you will be automatically logged in to your PrimeXBT account. Consider using an advanced trading platform such as PrimeXBT, which offers built in technical analysis tools, stop loss protection, and take profit orders so that any profits made can be booked and kept. Step 1: Visit the PrimeXBT affiliate homepage. This allows traders to use only a small amount of capital to trade large positions and thus profit much more than had they only used the capital they were willing to put up. The ability to sign up without KYC or ID verification appeals to those who value privacy. If the market rises from here, once it gains more than $5, the stop loss order follows the tick for the tick on a high watermark basis. Withdrawals are processed 7 days a week. 0 coins have participated in the growing DeFi market, increasingly popular among those looking to substitute for a centralised centralized system. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. The first step is to create a cryptocurrency wallet.

Get notified on PrimeXBT Crypto Futures trading platform status change

Developers, investors, and regulatory agencies have faith in this strategy. Plus, details like this can help those who enjoy copy trading on the exchange. 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. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. It can be downloaded for both Android and iOS. It charges a Maker Fee of 0. Returns or profits may be subject to capital gains tax. Strategy Managers Profit and Loss. PrimeXBT allows its users to engage in trading some of the major indices such as NASDAQ 100, the SandP 500, NIKKEI 225, ASX 200, and others alike. Custody as a Service CaaS. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. Access to PrimeXBT services does not necessarily mean that client activities through the service are legal under local laws, regulations, or directives associated with a client’s country of residence; therefore, it is crucial for every client to consult with legal and tax advisors in their region regarding eligibility to utilize such services. Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.

Payout frequency

It takes just a few minutes to get started. Information regarding past performance is not a reliable indicator of future performance. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. PrimeXBT also has a stellar customer service team that is ready to help you with any questions or issues you might have. 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 month, the Federal Reserve surprised market participants by enacting a 50 basis point rate cut, reducing the interest rate from 5. If the app is unavailable in your region, you can still access it through direct download from our site. Coinbase also lacks any derivatives products and only offers spot trading of coins, meaning anyone with money on Coinbase is at a loss unless they’re holding stables. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. The safety and legality of non KYC exchanges depend largely on the country in which you reside and how you use these platforms. Feature and Description. No incidents reported. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. 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. Using PrimeXBT can be done by going to primexbt. 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.

Swap

Crypto Futures: Users can trade perpetual contracts via the Crypto Futures platform. Anywa, i’m glad that I made profits a few times in a row by opening long positions. The most recent encryption technology is used by PrimeXBT to guarantee the security of every transaction. TradingView charts are also available, helping users analyze and make better decisions. You can earn up to 75% of the profits of those whose trades you copy. Technical analysis can be performed on any type of asset, traditional, such as commodities, forex, stock indices, and more, as well as digital assets such as Bitcoin and other cryptocurrencies. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. The main tool for trading in PrimeXBT is a web platform with built in market analysis tools. Make sure you understand the difference between Spot and CFD trading before getting started. Your input is valuable as we strive to balance cost effectiveness with maintaining an excellent trading environment. The platform frequently updates its promotions page with new codes and offers. To assist you effectively, we need more details about your account and transaction history. By operating under the FSCA’s regulatory framework, PrimeXBT ensures that its clients in South Africa have an opportunity to benefit from enhanced market integrity and protection.

Also Suitable For Pro Traders with Big Positions

Crypto Deposits: PrimeXBT offers free crypto deposits. However, the question remains: how do these alternatives measure up to PrimeXBT. PrimeXBT isn’t just another trading platform; it’s a dynamic powerhouse offering leveraged trading on crypto CFDs, commodities, indices, and Forex. 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. It is a higher reward, higher risk derivatives contract that professional trades want. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. PrimeXBT encourages new users to enable security features such as 2FA and to customize their trading interface. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. In future, more regulation could be introduced, as we saw with ESMA, SEC, and ASIC the regulators of Europe, the US and Australia. Click UP or DOWN to make your prediction.

Buy

Notably, there are no trust scores from CoinMarketCap and CoinGecko. PrimeXBT Trading Services, S. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. This allows access to the markets. Once you choose a trading strategy, you’re almost ready to place your bet on Bitcoin. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Zengo, being a non custodial wallet, provides you with total control over your assets. Daily from 12 to 14 hours UTC. Dear Alexander,Thank you for your thoughtful feedback on PrimeXBT. In simple terms, you may wish to buy $100 worth of an asset but only have $10. For customers who desire access to a simpler user interface with far more trading pairs, or those who do not desire to participate in cryptocurrency futures trading either Bittrex, Coinbase, and Voyager can make better alternatives with a more competitive amount of cryptocurrencies offered to trade and similarly competitive trading fees and functionality. PrimeXBT is an award winning margin trading platform, offering CFDs on forex, commodities, stock indices, and Crypto all under one roof.

Unlocked: Crypto Handbook!

So please contact us again at. You can then buy, sell, and trade cryptos without giving any personal details or documents. Track your earnings in real time. The file is verified secure by PrimeXBT. Once payment methods are validated, the next step in the PrimeXBT payment verification process involves a thorough review of each transaction. For example, 1:200 leverage means that, if using $1,000 of your personal funds, you will be able to trade with up to $200,000. PrimeXBT offers an award winning crypto futures platform that supports copy trading. Internet Computer ICP. Understanding PrimeXBT overnight fees is essential for traders who hold positions open beyond a single trading day. The SMC Forex trading strategy is the latest approach to the price action strategy. However, its unregulated status and limited asset selection may deter some users. When you sign up to buy crypto from most crypto exchanges, you will be asked to go through a crypto KYC process. As the stock’s stock price plummets unexpectedly, the stop loss order triggers, limiting the trader’s losses and preserving their capital. If the app is unavailable in your region, you can still access it through direct download from our site. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Users can deposit, withdraw, exchange, and transfer Crypto.

Collect Your Rewards

Well, as the cryptocurrencies are growing in popularity over the years, so is the demand for good and reputable platforms for crypto trading. While PrimeXBT receives a lot of praises, there are a few areas where users have expressed concerns or suggested enhancements. It’s great to hear that our straight BTC account option is perfect for Bitcoin enthusiasts. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Nope, it’s currently unregulated by financial authorities. With Futures a trader has an obligation to buy or sell a contract before an expiry date, while Options provide traders with the right to do so, but not the obligation. This makes PrimeXBT much safer against unauthorized access. Best Wallet is a non custodial multi chain crypto wallet where you can buy crypto without KYC. Trading should be considered only if one has the appropriate risk capital. Keep an eye on the platform and its social media channels to stay updated on the latest offers and take advantage of these special deals to maximize your trading potential. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Leverage amplifies your profits. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Brand operating since. Scan the QR code with your device’s camera and get APK file. While some investors look to significant price movement. Kraken is a cryptocurrency broker based in United States that launched its service in and offers individuals to buy and sell more than 78 cryptocurrencies.

Equal

Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Utilize credit/debit cards, SEPA transfers, or leverage Coinify to swiftly add Crypto to your portfolio. The KuCoin exchange has had years to work on its level of security and implements the use of leading edge blockchain technologies and security protocols such as two factor authentication 2FA, KYC know your customer verification and more. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. The Crypto market is heating up again, fueled by growing demand for Bitcoin and the anticipated approval of Ethereum ETFs. Can’t find what you’re looking for. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. The highest possible leverage is automatically applied when opening a position, and you can control it by selecting the size of the position. Proactively addressing potential issues before they escalate can save time and prevent frustration. The community is a pillar that supports any new technology. Its intuitiveness and simplicity provided a pleasant trading experience. As a rule of thumb, you should not risk more than 2% of your trading account on any single crypto trade. For withdrawals to fiat currencies through methods such as Advcash, Perfect Money, or Alternative Payments Methods, PrimeXBT might impose a processing fee. It was created and released into the wild by a pseudonymous individual or group of individuals by the name of Satoshi Nakamoto, who has since disappeared without a trace. Unity is another multi asset platform that integrates various asset classes into a single interface, making it easier to manage a diverse investment portfolio. In the real world, economies don’t only export one product, so it is calculated as a total of all exports and imports. On the forum bitcointalk. In the world of Cryptocurrency, there are two main avenues to Crypto trading: spot trading and derivatives trading. Higher leverage can help increase profitability, but can involve more risk, and needs to be managed. This is what you call an advantage. Its Gemini Earn feature is another unique aspect that sets it apart from PrimeXBT, as it allows users to earn interest on their idle cryptocurrency balances. When a trader that you follow opens a trade, the copy trading platform opens the same trade on your account, automatically. 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 system ensures that while you might not get instant transfers, there is predictability, which is a comforting thought in the volatile world of crypto. All data exchanged between you and the platform is encrypted with full SSL encryption, ensuring your information remains secure. Similar to Bitcoin BTC, when the market experiences a surge in volatility, as it did on Black Monday, altcoins typically follow suit, especially if BTC is significantly impacted. We may receive a commission for purchases made through these links.