PrimeXBT Review: The Best Crypto Trading Platform Explored

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. PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. The MAIN way I trade here is through competition though. If you are looking for the most user friendly platforms that are incredibly beginner friendly, I would recommend taking a gander at our Kraken and Swissborg reviews. 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. Go to Settings > Security and enable Install from Unknown Sources if prompted. Based on the global population, there’s only enough for 0. It is imperative that you set up stop loss orders when getting involved in a trade so that your platform will automatically close out a position if it goes against you. OKCoin Trading ProductsDerivatives, spot market. General Rules of Promotion Codes and Bonus Usage. The PrimeXBT mobile version offers a seamless, user friendly experience directly from your browser. Bitcoin represents a decentralized financial innovation with the potential to supplant traditional fiat currencies worldwide. Go to Settings > Security and enable Install from Unknown Sources if prompted. See more about trading fees. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Investing in your future: a calculated approach. Most crypto assets stored by the exchange are kept in cold storage i. That being said, Ethereum has seen growth as explosive as Bitcoin has, but it also has seen prices plunge just as quickly. Receive the latest news and stay informed. Click Download and confirm the file download if you see a warning. Easily buy Crypto with Visa or Mastercard. In fact, day trading Crypto is an extremely popular strategy that seems to be tailor made for the Crypto market which experiences multiple rapid price movements throughout a single day. You can deposit fiat currency via Advcash and Perfect Money, but account verification is required. As it was said, this also applies to American citizens who live outside the USA. If you placed your trade as a Limit or Stop order then you’ll find these under the “Order” tab in the “Summary Module”. Click Download and confirm the file download if you see a warning.

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However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. If you do not have PrimeXBT cryptocurrency trading this then you may have to wait for up to seven days as the broker manually resets this. Go to Settings > Security and enable Install from Unknown Sources if prompted. Our website uses cookies. But it has fewer crypto assets and pairs than some others. Of course, leverage can work both ways, so we always recommend having a risk management strategy in place, to limit any possible losses. Dar Kristof,Thank you for trying out our social trading service and exploring the payment options we offer at PrimeXBT. This is just one tier above the free level, and it comes in at a very reasonable thirty dollars a month.

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Technical specifications are the features of the network underlying a token. Top Tip : Enable two factor authentication when logged in it is not set as default. This means that the value of the initial $12,000 investment has grown to a value of $15,960. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Here are the new features and updates. Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. No malware, spyware, phishing or pharming links. Ensure that two factor authentication is enabled for added security. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. However, when interest rates are low, cryptocurrencies become an attractive place to park money, which often leads to long lasting bull markets. Dear Caetano,It’s great to hear that you’re enjoying the convenience of depositing through MetaMask. Parachains lease lots limited to 100 and Polkadot to participate in the network. Below is a table to compare the available methods. Click Download and confirm the file download if you see a warning.

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The price will consolidate after a steep uptrend or downtrend. These fees are generally avoidable with careful account management and awareness of the platform’s policies. This could lead to fluctuations in Shiba Inu’s price. The remaining 40% is spread equally between the platform and the strategy manager whose strategies the user copied. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. For instance leverage can range from a ratio of 2:1 to 400:1 to as much as 1,000x — such as Bitcoin based margin trading platform PrimeXBT, which offers trades in a variety of assets. Common Alternatives of Currency. Telegram Announcements. 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. There are also chat rooms in Telegram, some of which are localized by the country of residence of the clients for convenience. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. PrimeXBT Contests offer competitions using virtual funds in a simulated trading environment. The app connects users directly to the markets, making trading smooth. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The broker offers only cryptocurrency based accounts on Bitcoin, Ethereum, USDC, and USDT. They usually send withdrawals back to where they came from, unless there’s a good reason not to. Trading contests are becoming very popular as skilled traders can compete for extra cash and prizes. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. Thank you for choosing PrimeXBT. PrimeXBT, a leading trading platform, offers high leverage options, enabling traders to maximize their potential returns. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. This framework ensures strict measures and practices are in place to protect customer assets against any threat or cyber attack. Date of experience: 19 November 2024. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms.

How to transfer bitcoin to PrimeXBT?

At the moment, an API interface is not available. Under the PJP Category 2, Brankas also obtained the license for Payment Initiation and/or Acquiring Services PIAS. Blockchain Analyst and Writer with scientific background. Uniswap stands out as one of the largest decentralized exchanges in the world, allowing users to trade a wide variety of cryptocurrencies without the need for KYC verification. According to reports from PrimeXBT, many of its affiliates can earn thousands of dollars a month. Tradable assets aside, here are the products and features PrimeXBT brings to the table. All the content on BitDegree. 872 BTC in followers’ equity, indicating sustained trust and investment despite recent setbacks. Also, it seeks to offer ultra fast order execution < 7. Traders who trade cryptocurrencies may see larger volatility of their trading performance given the powerful price movements in cryptocurrencies.

We’re open to all

There are articles and videos on different trading topics. By inviting friends or family members to join the platform, you can earn a percentage of their trading fees, providing a steady bonus to boost your trading capital. You may limit the risk per trade to any level you want in case you’re more risk averse than the trader you follow. Here are some of the most important pros and cons of margin trading. Apart from this, there are range other benefits that make PrimeXBT Turbo attractive to traders. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. The team conducts periodical stress tests and security audits to ensure compliance with the strictest security standards in the industry. Ethereum did get a bit of a boost just ahead of the event in anticipation of much more scalability and use case scenarios in the Ethereum network. Traders in the Copy Trading leaderboards show outstanding performances, with one. Thank you for choosing PrimeXBT. The bonus funds are available for two weeks after activation, and can be used as additional collateral to open positions. I’d love to hear about your experiences with PrimeXBT, so feel free to share in the comments below. The conversion rate is also attractive, making this method favorable to those who are frequently buying and selling on the platform. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Yes, using the in wallet exchange feature, you can exchange BTC, ETH, USDT, USDC and COV amongst each other, directly in your PrimeXBT account. To deposit using AdvCash on PrimeXBT. If you have any questions or need assistance, feel free to reach out at.

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Our human support team is here to help 24/7, in your language. It has a market capitalization of @ and trades under the ticker @. Here is a look at the different membership plans available with COV staking. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Bank Wire, Bitcoin, and Check. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 8k amid ongoing optimism surrounding the incoming Trump administration and following. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Cross margin on the other hand, doesn’t limit your position, but requires more monitoring. The price of the asset is 70,000. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. The other trading strategy is range trading. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. Use the Crypto you buy to purchase goods or services at participating outlets. Users also have the ability to email support at. This knowledge enables them to make better decisions, ensuring that their trading strategies are not only effective but also cost efficient. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. Learn more about Baksta’s Legal Terms. Responsive Support Team: PrimeXBT offers round the clock customer support through live chat and email. PrimeXBT is a multi asset trading platform that allows users to trade a wide range of financial instruments, including cryptocurrencies, forex, commodities, and indices. The platform’s adherence to KYC and AML standards where required, along with its commitment to transparency, allows users to trade confidently and securely across multiple markets. At the same time, clients have access to the following terms and conditions. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. This can be a passport or other form of identification. A random Tweet, mentions on Instagram, or other social media platforms have seen Dogecoin react violently, even though adoption is extraordinarily minimal. Whether you’re apprehensive about the platform’s trustworthiness, dealing with trading restrictions, or fretting over how smoothly you can withdraw your profits, this review will unravel these pressing issues and more. Below is an overview of the verification levels and their corresponding benefits. The following data may be collected but it is not linked to your identity.

Gaurav

Regular updates and check ups are provided here to detect any possible vulnerabilities. The platform adheres to industry regulations and best practices to ensure a secure trading environment. KYC due diligence may seem like an invasion of privacy especially for a group of individuals that laud privacy, anonymity and the decentralisation of the financial system. Imagine investing $100 in Ethereum back in 2013 when it was a mere $0. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. In this scenario, you’d experience a loss of $500 excluding fees. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. Here’s a breakdown of the concept. 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.

Horario de atención: Lunes Viernes 9:00 19:30 hrs Sábado 9:00 17:00 hrs Domingos y feriados sólo reparto de los productos previamente agendados

Cryptocurrency investing and trading is different from traditional investing in a good way, as this space has been built to be very inclusive and have little to no barriers to entry. $67,000/200 = $335 0,005 BTC. Go to the main page of the site and click on the “Sign Up” button. Crosses include AUD/JPY, EUR/GBP, and GBP/JPY, with exotics including USD/THB and USD/MXN. 0, the network becomes faster, more secure, and easier to use across different blockchain platforms. On top of that if you are working with crypto exchange,, then it’s probably impossible to trade currencies as well. It maintains an active community across social channels and runs community events, which positions it as a more community centric platform. The latest CPI data came in slightly higher than expected at 2. PrimeXBT Trading Services, S. PrimeXBT’s adherence to strict AML compliance guidelines, use of advanced blockchain monitoring tools, and prohibition of anonymous cryptocurrencies further solidify its commitment to preventing illicit activities. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Vincent and the Grenadines. Leveraged trading of CFDs and Futures belongs in the hands of professionals who have a sound trading strategy and are proficient in risk management. The minimum and maximum deposit limits can vary depending on the method chosen. Those who are the providers of strategies for autocopying also make profit, as users pay them a certain percentage of profit for subscribing to their trading. Best regards,The PrimeXBT Team. Scan this code to download app. Fearful trading then leaves the trader in a space where they can easily miss out on potential gains and wins for fear of trading too hard. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Returns or profits may be subject to capital gains tax. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses.

Supported cryptocurrencies

It takes just a few minutes to get started. It’s natural to take a moment to get familiar with everything as a rookie, and we’re here to support you every step of the way. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Hub participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog and connect with the Community;Main make deposits, withdrawals, keep track of your account’s activity and statistics. Now press “Create account”. While some forex brokers may offer a greater variety of deposit options than others, almost every broker will, at a minimum, offer common methods such as bank wire or bank transfer Automated Clearing House ACH in the U. Learn more about Baksta’s Legal Terms. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. The opinions, news, reports, analyses, quotes or other information contained in Mundo Forex. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. The email support team is responsive and provides comprehensive assistance with any issues or questions. Nope, it’s currently unregulated by financial authorities.

Equal

With advanced trading tools and a user friendly interface, PrimeXBT is a popular choice for both novice and experienced traders seeking to profit from the highly volatile crypto markets. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. In my days of day trading traditional and crypto assets, I have witnessed too many shady forex, stock, and crypto exchanges disappear with everyone’s money or go bust, so I only trust the top regulated and reputable exchanges, and of course, DEXes. Use the small initial deposit to test the waters and start your trading career. All in all, PrimeXBT appears to be a very well rounded trading platform. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Scan this code to download app. Overall, PrimeXBT delivers a sound customer service that has met the needs of a global user base through a combination of live chat, user base, and responsive support channels.