PrimeXBT Affiliate Program

It reduces the complications normally associated with Web3 and bypasses the pain points, such as no support if they get stuck. As of 2022, Cryptocurrency has entered yet another “Crypto winter. The emergence of smart contracts within the Ethereum network paved the way to decentralized finance DeFi and thousands of dApps that provide unique solutions to users and businesses across the globe. Coming to the main point, PrimeXBT’s trading platform is easily one of the most eye catching features of the platform. To make money on PrimeXBT, engage in strategic trading by analyzing market trends, utilizing available tools, setting risk management strategies, and staying informed about market developments. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. 01 BTC of my personal funds Margin to trade with 1 BTC. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. At PrimeXBT, the markets are not just avenues; they’re gateways to a world of financial possibilities. 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. Returns or profits may be subject to capital gains tax. Now that you have read through all of the most important factors that should go into selecting a platform, take the time to compare all platforms carefully. Your profit would be $500 excluding fees on your initial $1,000 margin investment. 1% of the required capital in order to take out that position. The company’s website has a table showing swaps for all cryptocurrencies. To buy crypto using a debit or credit card, use the widget in the deposit section, or opt for SEPA transfers and third party services like Coinfy. Lowest fees: PrimeXBT offers some of the lowest fees in the industry, starting from just 0. He primarly writes opinion pieces for Bitcompare. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Economic reports on a country’s economy will be one of the crucial tools that a fundamental analyst will use. You can check out the financing rates at the broker’s dedicated fee page for each crypto asset and across the Crypto Futures, Global Markets, and Copy Trading products that they offer. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide. My experience with PrimeXBT’s customer support was mixed. My deposit was credited after 20 network confirmations, which took a few minutes. IOS and Android apps make trading on the go easy. The platform’s hardware is hosted on Amazon Web Services servers, granting it sufficient capacity to run its powerful and efficient trading engine. We’re excited to announce the winners of Round 1, who’ll be taking home amazing prizes. The stop limit order works similarly, but only when the asset price hits a certain amount. This process will usually take 3 to 5 days but it does provide you with unprecedented levels of security as you will never have to share your credit card details online. A feature rich dashboard greets those looking to trade futures on the PrimeXBT platform, displaying numerous market views to users, providing them with all the data they need to inform their futures trading activity in one place.

Copy Trading

This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. In an environment where security breaches can have devastating consequences, the platform’s commitment to robust protection measures is commendable. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. Unrecognized or Partially Recognized Jurisdictions. Scan this code to download app. Prime Technology Ltd is PrimeXBT’s Technology Provider. Returns or profits may be subject to capital gains tax. PrimeXBT offers the following fee structure. Follow these steps to get started with the app on your iPhone or iPad. Unlike most exchanges www.primexbt.com today, KYC verification is optional on PrimeXBT. Understanding these usage patterns can help identify the key factors that contribute to PrimeXBT’s popularity and user satisfaction. Learn more about Baksta’s Legal Terms. During its existence since 2018, PrimeXBT has established itself as a stable and reliable platform. Compensation Fund per user. If it is not in the inbox, it is possible that it might end up in your Spam folder. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. To buy crypto using a debit or credit card, use the widget in the deposit section, or opt for SEPA transfers and third party services like Coinfy. Let’s understand which of these platforms is better for trading.

PrimeXBT Overnight Fees

2024 00343, having its registered office address at PKF Corporate Services Ltd. There is no maker and taker commission here, but there is a swap commission, i. However, the absence of custom price alerts was a notable drawback. This prevailing trend has had a direct impact on market activity, stabilising prices as traders and investors maintain a cautious stance during this particular stage of the cycle. High Risk Warning: Trading in foreign exchange and other financial instruments is inherently high risk and may not be appropriate for all investors. PrimeXBT offers a diverse range of assets, including cryptocurrencies, forex, commodities, and indices. It’s important to consider this fee when planning to withdraw funds. The app also supports PIN, face, or fingerprint authentication for secure login. PrimeXBT Promo Code 35% Deposit Bonus. This is our shortlist. The platform does not charge additional non trading commissions, such as account replenishment fees.

Complete simple tasks and earn rewardsComplete simple tasks and earn rewards

We also have in depth dedicated reviews for both of the exchanges in this article if you want to learn more about them. Trading involves risk. Areas for Improvement. This should not be seen as financial or investment advice of any kind, nor does Prime XBT endorse or guarantee the relevance, timeliness, or accuracy of the information or publications. ASK quotes are higher than BID quotes by the amount of the Spread. With Hummingbot, users can quickly and easily create a trading bot that monitors the markets and takes advantage of arbitrage opportunities in real time. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Doing so dramatically mitigates the risks of a single point of failure. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. Customer Success ManagerJune 29, 2023. But these are hypothetical scenarios related to Cardano price prediction. The panel of experts polled by Finder pegged XRP at $3. Visit our reviews page to learn more about user experiences. When considering cryptocurrency exchange rankings, though, both of these types of businesses exchanges and brokerages are usually PrimeXBT 交易常见问题解答 just thrown under the umbrella term exchange. Always do your research before investing, and be prepared for potential losses. 2024 00343, having its registered office address at PKF Corporate Services Ltd. A total of 31 futures are available. Typically, users can deposit cryptocurrencies directly into their PrimeXBT wallets. And, we all know that even a small amount of Bitcoin can also become huge in the coming time.

Cryptocurrencies Available on PrimeXBT

PrimeXBT is not available for users located in the USA, there is no « PrimeXBT USA » option as there is with other platforms like eToro or Binance. Security is key for PrimeXBT and its competitors like OKX. 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. During the late 2017 and early 2018 cryptocurrency hype bubble, few crypto assets or altcoins received as much buzz as. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. 🐦 Twitter: Follow for more notifications and updates. However, users must trust the exchange with their funds, which can be a security risk. Here’s our detailed analysis of the futures trading experience. 💰 Cold storage secures all customer assets, with manual daily withdrawals and thorough risk assessments, prioritizing fund security over transaction speed. Some major regulators include the Financial Crimes Enforcement Network FinCEN in the US, The Financial Conduct Authority FCA in the UK, and the Cyprus Securities and Exchange Commission CySEC in Europe. Do not make random unsolicited and/or controversial comments with the intent of baiting or provoking unsuspecting readers to engage in hostile arguments. The trader decides on which direction they think the market will go, and the broker facilitates the trade by matching the trade with another trader that is looking to do the opposite. Initially, the Beacon Chain was rolled out separately from Mainnet, but as various steps were completed, they originally merged into one entity. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. The PrimeXBT app brings the power of trading to your fingertips, ensuring you never miss an opportunity in the dynamic world of finance. The second limitation comes with isolated margin contracts. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia.

What is a stop loss order?

The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. The withdrawal fee is a flat fee regardless of the amount of the asset being withdrawn as shown below. It uses safe storage and encryption to keep things secure. Best regards,The PrimeXBT Team. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. PrimeXBT’s new look and feel debuts alongside equally substantial upgrades to the broker’s product offering, including lower fees across 100+ CFD markets, increased leverage on Crypto CFDs, and new fiat payment options, aiming to offer traders more for less. Additional terms may apply to free offers. PrimeXBT turbo is a fascinating feature where you can earn more than 70% return on your investment in minutes. We’re here to support your continued success and ensure your trading experience with us remains top notch. The app offers advanced charting tools, technical indicators, and secure account management, ensuring a seamless trading experience. So, why is this arguably the number one bitcoin margin platform. For both its financing day long and short positions, its funding rate is 0. There are Turbo accounts, multicurrency accounts, standard accounts and multiple margin accounts. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 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. Typically, users can deposit cryptocurrencies directly into their PrimeXBT wallets. Log into your existing PrimeXBT account or register for a free account if you do not have one. Economy and its leading businesses. In the next section, we will explore common issues that users may encounter during the reset process and how to troubleshoot them. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 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. Maker fees are generally lower than taker fees and are designed to incentivize adding liquidity to the market. Leave the site immediately if the padlock is not present on the address bar. Direct Crypto deposits allow you to seamlessly transfer cryptocurrencies from your personal crypto wallets directly to your PrimeXBT Wallets, enabling quick and secure funding of your trading account. Receive the latest news and stay informed. PrimeXBT is a top crypto exchange that makes trading easy with over 40 crypto assets and more. The base currency is the first of the pair, while the quote currency is the second. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn.

Can I use leverage or margin trading on PrimeXBT?

Assessing the underlying network of a token before investing in it allows a trader to understand if there is the potential of their investment growing in the short and long term future. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. The overnight financing rates shown in the table above are changing periodically. 61 in 2023, based on its deep artificial intelligence assisted technical analysis. Trading is risky and you might lose part, or all your capital invested. Bitcoin was first created in 2008 during the Great Recession and economic crisis. Learn more about Baksta’s Legal Terms. Ripple’s primary goal is to enable financial institutions to send money globally, instantly, and at a fraction of the cost of traditional methods. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. While Paxful is a peer to peer platform other platforms allow traders to quickly buy Bitcoins. On the Internet, we have not found any feedback from clients who faced hacking of the platform and loss of their funds. Lets see how it goes. However, there are also disadvantages that need to be considered. Only to find that you chose the wrong exchange for your needs. Join our community of happy clients and provide excellent customer support with Post Affiliate Pro. Ethereum projected growth has slowed after a slew of problems in the crypto world, but crypto is starting to behave.

Allow Installations from Unknown Sources:

So, for example, if you have selected leverage that is times 10, then you can expect the cost of the position to be reduced by a factor of 10. PoS is a more energy efficient and ecologically friendly consensus model than the proof of work PoW consensus model employed by Bitcoin. There isn’t a dedicated PC app, but the platform can be accessed via any web browser. Wallets: Balances in US dollars and Cryptos are viewable on the Main page. Lendingplate Personal Loan App. YouTube videos show 77%. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. When signing up and making the first deposit on PrimeXBT, entering a promo code in the designated section can result in a bonus. Prime XBT, a financial trading company based in the Seychelles, prides itself on being a Swiss knife trading platform for advanced traders. It is because of this that some consider margin trading to be dangerous. Make sure that you are trading a liquid market. Make purchases at primexbt. 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. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. PrimeXBT is upfront about its withdrawal fees, starting at $0. 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. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. 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. Those are two different approaches to managing positions, or in general, managing the whole margin on your account. Receive the latest news and stay informed. The provider claims that it has a 96% success rate, but it does not provide a free Telegram channel or free Cryptocurrency trading signals.

Casual Traders: Not Recommended

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. Below are the commission rates. Taking the same example above, if the price had risen to $110 and the trader closed out the position, they would lose $1000, as well as any fees that were incurred. In the world of Cryptocurrency, there are two main avenues to Crypto trading: spot trading and derivatives trading. I found the KYC process to be straightforward, with my account being verified instantly. Can’t find what you’re looking for. Review collected by and hosted on G2. His expertise enhances PrimeXBT’s educational offerings, helping users understand complex financial technologies and market dynamics. 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. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Deposit at least $300 to any trading account and start trading to get up to $500 bonus. When a customer deposits $2500 or more, they get a bonus $500. This adds to the variety of assets available to users. Moreover, users can conveniently transact in US dollars. $2,000 by bank card. PrimeXBT review is an emerging cryptocurrency exchange based and registered in Seychelles. In this strategy, traders aim to trade in the direction of the underlying short term trend. Throughout the year, crypto holders expected Bitcoin’s price to correct, but it has maintained a steady positive trend. You can track the status of your promo codes under the ‘Promo campaigns’ section. For instance, closing positions before the end of the trading day can avoid these fees altogether. Here you can even buy crypto straight through them, so dont need to transfer in and transfer out.

Bernd K

Robinson works closely with the NEP’s Group CEO as well as the business managers of each business line to ensure the effective execution of the stated strategy for each company and the group on a whole. This is a break down analysis of the GBPUSD ahead of next Thursday’s January 30th Bank of England Boe Interest Rate Decision. I want to laeve my PrimeXBT review here. Perfect Money Account ID used to make a deposit will be preselected automatically. TIP: Check out Coin Bureau’s PrimeXBT vs OKX Analysis. Coinbase is a public US company and offers transparency into its industry leading security along with its brand reputation, while PrimeXBT is not regulated and US users cannot use it. Its intuitiveness and simplicity provided a pleasant trading experience. The platform is designed for traders with a higher level of expertise, implying a steeper learning curve for novices. Price trend can be any direction leading to the chart pattern. However, there’s a demo version for new users who are unsure about using the exchange. Copytrading is an opportunity to automatically copy trades of experienced traders to your trading account. Furthermore, the Maker Fee is 0. It is a great diversification hedge. 100x or 1000x can increase potential profits, it also raises the risk of rapid fund exhaustion due to volatility. Trading Fees and Liquidity. Visit our Help Centre. And globally, will play a significant role in shaping XRP’s future. However, the most educational resources are for forex. Something that we found particularly impressive about the app is that you can customise your layout to suit your trading preferences. This is something that you can get in your account management page under the “referral” section.

PrimeXBT Review

PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. These services are governed by the legal terms and conditions of PXBT. Each asset class has its own characteristics, including volatility, liquidity, and market dynamics. Borrowers have two options for loans on OKX, known as Flexible and Fixed loans. The platform has plenty of innovative trading tools with enough advanced features to satisfy even the most technical traders with all the charting and drawing tools one needs. In the next section, we will discuss the various asset classes available on PrimeXBT and how to choose the right ones for your strategy. The Covesting Module, which became available to all PrimeXBT users on August 17th of this year, gives you the ability to trade cryptocurrency AFK away from keyboard. You can update your choices at any time in your settings. As soon as you’re happy with the order, you can go ahead and press “Send order. You can make deposits and withdrawals within the app as well. You do not want to be the kind of trader that makes a trade without having a plan. While it does have some limitations, its unique offerings and strong performance make it a worthwhile consideration for seasoned traders seeking more. Get updates for the future. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. The platform offers a user friendly interface that helps you manage trades easily. However, pretty sure as a European you can go offshore and get much higher leverage if you want to take that risk, whereas in the US the CFTC is so extreme that most offshore brokers won’t take US clients even though they aren’t regulated by the CFTC. Overnight financing fees, also known as swap fees, are charged for positions held overnight. In the Cryptocurrency Service category. While limit and market orders are the two most common types of orders, they are vastly different in their execution. Bitcoin price dropped by 80% following the first Bitcoin futures contracts on CME and CBOE.

Customer Support at PrimeXBT

So when you switch to a VPN network, you are now using an encrypted IP address instead of your actual IP address. Understanding these factors will help you make informed decisions and optimize your short selling strategy. This may involve a robust identity verification process. This gives you an in depth overview of the operational status of the trading engine, deposits/withdrawals and website. To trade Crypto perpetual contracts, go to the Trade dropdown menu, select ‘Crypto Futures’, and your ‘Margin Account’. Equity, showcased on your trading platform, is shown at the top. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. In 2019, the broker opened offices in St. Customer Due Diligence CDD may be initiated at any time to verify identity or source of funds, safeguarding against misuse and ensuring adherence to Anti Money Laundering AML requirements. PrimeXBT will automatically close out the open positions in the negative as they need to manage the risk that they have on their books, resulting in lost funds for the trader. Google’s two factor authentication. It takes just a few minutes to get started. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and traditional asset classes, boasting features including 100x leverage, advanced order types and charting tools. This sponsorship does not influence our analysis or opinions. PrimeXBT’s commitment to customer support and education ensures that users have access to the resources they need to succeed in trading. However, given certain regulations, there are some countries that they do not accept traders from. When it comes to storing your passwords, PrimeXBT state that they use PrimeXBT 交易员 新加坡 the “bcrypt” algorithm. But how does it compare to other platforms in the market. Plus, details like this can help those who enjoy copy trading on the exchange. It takes just a few minutes to get started. With KYC verification you will have unlimited withdrawal limit + you will be able to withdraw funds via bank cards / Perfect Money / Volet + you will have unlimited limit on deposit in fiat currencies. How to participate in the tournament. Withdrawals can therefore take up to 24 hours to fully process. While futures are said to have first been used in England in the 16th century, the first recorded use of futures markets as we know them today was at the Dōjima rice market, Ōsaka, Japan, in the 18th century.