PrimeXBT Review 2025

At PrimeXBT, we aim to provide prompt and effective support to ensure all your trading needs are met. PrimeXBT has developed its own trading platform with advanced charting capabilities powered by TradingView. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. We’re delighted to hear that you find our platform convenient for trading both crypto and forex pairs. 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. Those with no CET holdings will pay 0. There are many different ways to find potential short squeeze opportunities, but there are a handful of things you can do to narrow down the potential short squeeze trades. Next, we will explore the restricted countries and the regulatory challenges faced by PrimeXBT. But further documents may be required. Bybit Products Offered. 3 billion fine for failing to comply with AML regulations. Divulging how many coins you own can make you a target of hackers and identity thieves. PrimeXBT’s Covesting Copy Trading feature allows you to automatically replicate the trades of successful traders. If you meet the geographic requirements, you can start by making a PrimeXBT account and depositing cryptocurrency; it supports BTC, ETH, USDT, USDC, and COV. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. DYdX supports over Carteira PrimeXBT BR 124 coins and trading pairs, including major cryptocurrencies like Bitcoin, Ethereum, and Solana. The following data may be collected but it is not linked to your identity. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. If you do not see this then it means that you could be on a phishing site and should leave immediately. If you have any questions or need further information about trading on our platform, please feel free to contact us at. 0005 BTC to cover the network costs. These services are governed by the legal terms and conditions of PXBT. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. However, the simplicity of the process and the direct purchase options raise questions about security and the platform’s adequacy for all trader types. Our human support team is here to help 24/7, in your language. It’s ideal for opening, closing, and adjusting positions, as well as placing market, limit, and stop orders while managing trade exposure. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. The effort of sifting through and finding the right one can be a daunting task. Enter your code, select the margin account to apply it to, and click ‘Activate’.

All authors

For a complete list of restricted regions, refer to Section 1. Join the 7Bit Partners Affiliate Program to earn with top crypto casinos like 7BitCasino and KatsuBet. Prime Technology Ltd is PrimeXBT’s Technology Provider. This plan should encompass several key elements. PrimeXBT has developed a comprehensive mobile app that enables traders to place new orders, adjust existing trades, analyze price action, and access a range of educational materials. Trolling, in all its forms, will lead to a suspension or permanent ban. That’s where using cryptocurrency tax software can save you a lot of time and money, that you’d rather spend doing something else. That’s another reason karma catches up with them. Some top alternatives are Amazon, CJ Affiliate, and ShareASale affiliate programs. The platform’s trading fee of 0. Moreover, the exact leverage users will be allowed for the position also depends on the type of asset that traders trade.

Is there a risk of inflation continuing to print higher?

The EUR/USD pair is a popular currency pair to trade in the. To generate an account statement, select the required Margin trading account, enter the desired statement timeframe and click ‘Statement’. Lastly, MEMECOINS Short presents a compelling case with a monthly profit of 180. The broker developed its proprietary trading platform, PrimeXBT WebTrader, which also has a mobile version. In 2024, Orfinex, VTMarkets, Fusion Markets, and Ultima Markets also gained FinCom membership. There are also a plethora of technical studies and indicators that can be used. Everyone can start copy trading by opening an account with a copy trading provider, choosing a trader, and clicking “follow”. If you have further concerns or suggestions, please don’t hesitate to reach out at. Dear Quang,It’s great to hear that you’re taking advantage of the stable Bitcoin prices to trade with leverage on PrimeXBT. 05%, which is lower compared to other exchanges. Nevertheless, the fact that there will be less and less new Bitcoin added to the global circulation of the coin means that, if demand suddenly increases over the next few years, the price could skyrocket. Enter the amount you want to withdraw. Take a look below and see why this crypto leverage trading site offers you a fresh new way to make something off the back of the cryptocurrency revolution. The PrimeXBT trading interface is web based, simplistic and very user friendly. So beginners can benefit from copy trading, and traders can compare what strategies others use and compare success rates. For more detailed information, it’s recommended to visit their official website or their Help Center. Consistent trading edges can takeweeks or months to fully play out. Let’s now move on to creating a comprehensive FAQ section to address common questions about PrimeXBT payment troubleshooting. PrimeXBT Instruments: My Key Takeaways. Starting with PrimeXBT is easy –just follow our simple PrimeXBT registration process. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. Market research: PrimeXBT offers weekly market research, providing traders with access to in depth market analysis. Allows margin trading of cryptocurrencies and traditional assets. Date of experience: August 13, 2024. This section will discuss the regulatory landscape influencing PrimeXBT’s operations and the measures the platform takes to comply with these regulations. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. It also allows followers to be more flexible in the strategies they choose to follow. Decentralization: ensuring a high level of decentralization in its oracle network is an ongoing challenge.

PrimeXBTFeatures

PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. The hack raises questions about what went wrong and how the cybercriminals could bypass security and access what should have been safeguarded funds. The trading platform of PrimeXBT is furnished with sophisticated technical analysis instruments, such as various chart formats, technical indicators, and drawing instruments. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. Because of the imminent threat of information leaks, PrimeXBT has decided not to require users to submit to the KYC procedure. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. Next, we will discuss the spread costs involved in forex trading on PrimeXBT. PrimeXBT offers varying leverage levels depending on the asset class, with up to 100x leverage available for cryptocurrencies. Leveraging the PrimeXBT bonus can significantly impact your trading strategy. To activate a promo code on PrimeXBT, log into your account and either go to the ‘Hub’ section and enter the code under ‘Promo code’, or use the ‘Margin’ page. Requests submitted before 12:00 are processed on the same day, and after 12:00 are postponed to the next day. Just like any other financial market, cryptocurrencies move in cycles. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. Nevermind the low trading volume – it arguably be more concerning if the token was being actively traded. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. Margin trading is quite beneficial, but it is also something that should be looked at with caution. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. With the integration of TradingView charts, I find PrimeXBT WebTrader is powerful, versatile, and well suited for in depth technical analysis. The absence of ETFs stands out, as they would fit perfectly into the asset mix for the core trader base.

Events

Silver itself hasn’t had the same bull run that gold did, and Litecoin has behaved similarly. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. It may be used to trace and verify the provenance, flow, and caliber of commodities. In terms of security, PrimeXBT takes extensive measures to protect customer funds, including keeping most funds in cold storage offline, using multi signature access, and conducting regular security audits. They have several tutorials and guides ideal for professionals and novices. How to get free USDT with our latest Galxe Quests PrimeXBT gives traders even more ways to earn free funds. For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. As an STP broker, we receive quotes from a large pool 12 of liquidity providers and automatically arbitrage between them to offer the best currently available prices. Regulated by the authorities in Cyprus. Amid speculations that the company had traded BTC during the testing bears, CEO Elon Musk revealed it was yet holding on to its BTC stash. Traders should review the fee schedule on the PrimeXBT website for specific details. Our website uses cookies. To access it, navigate to ‘Hub’ and select ‘Referral Program. Funding fees are calculated on an hourly basis and can be viewed directly on the trading platform. 2️⃣ You’ll be taken to a new page where you can enter your email and set your password. Or for an experienced trader to find the advanced features they need. Building a trading plan is crucial so that you are not simply guessing where the market is going to go. Here’s what’s new in 4. On the other hand, the broker does not impose any non trading fees. Our clients love how fast and simple our sign up is. This ensures that they are trying to grow their trading base rather than just locking your money in a single trade. We’d also like to mention at this point that PrimeXBT is regulated by.

Is the exchange regulated?

The app connects users directly to the markets, making trading smooth. The size of the swap for long and short trading positions depends on the underlying asset. Leverage trading also known as margin trading is a method involving borrowed funds from the exchange. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. 24 hour trading volume is $13864861 USD. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. International users looking for lending, borrowing, and staking options, or institutional clients looking for other features may find other competitors more valuable. You can find this information in the “Wallet” section of the platform. This is where end users typically engage with blockchain technology. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. The claim is that PrimeXBT is designed to be accessible for users with varying levels of expertise in trading different asset classes. And have it transferred to your PrimeXBT wallet.

Day Traders: Acceptable choice

But when will Bitcoin reach such prices. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. The owning companies are not regulated but according to the information found at the bottom of their website, they are “in the process of undertaking a legal and regulatory analysis of Bitcoin trading with margin”. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. Mobile platforms are available. 99% fee, not PrimeXBT. By then, they expect “crypto winter” to be over, and the next 5 years should be quite strong after that. It’s known for its wide range of financial instruments, like cryptocurrencies, forex, and commodities. Plus, you’ll have a decent percentage commission with a cap on it, as mentioned. These resources are here to cater to both beginners and experienced traders, ensuring that everyone can benefit from them. Once activated, the bonus will either increase your trading capital or reduce your fees, depending on the promotion. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. PrimeXBT only offers one account type that includes all of the broker’s services. This project is featured as an ‘Untracked Listing’. The exchange was established in 2019 and lets investors trade more than 330 cryptocurrencies, including with leverage. However, there were a few areas of disappointment. It claims an extensive, multi layered cyber security framework. Trade anytime, anywhere, and grow your income with Phemex Earn. Overall, I rank PrimeXBT in the middle of the pack. First impressions matter, right.

Trade like a pro in no time at all!

The file is verified secure by PrimeXBT. You can either take a chance and buy now, when RXP is near a one year low, or hold tight and hope for an even better deal. Click Download and confirm the file download if you see a warning. To deposit, simply navigate to your account dashboard and click on the Deposit button. We have watched Bybit go from a small insignificant exchange to one of the largest, most trusted and reputal exchanges in the space, one that we are fans of nowadays. Given the ever increasing news of cryptocurrency exchange hacks, one of the most important considerations for the trader is security. The only challenge I am having now is trading futures which became unavailable in my location. Beyond spot trading, BloFin offers features like futures trading and even automated bot trading, which is ideal for traders who want to take a more hands off approach. With Perpetual Contracts: Daily fluctuating funding interest rates for leveraged positions. General Disclaimer: The Money Mongers is an independent think tank on the subject of cryptocurrencies and our owners, writers or other contributors may or may not have a vested interest in any of the project mentioned on The Money Mongers. It’s also a helpful shortcut for people new to trading, as instead of learning all the complicated stuff about trading, you can copy the moves of experienced traders in real time. SandP 500 SDX: As the holiday season wraps up and the New Year begins, the SandP 500 remains a fascinating. It could be a personal safety issue. New customers can get their feet wet at trading the volatile crypto markets by setting up free demo accounts. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users.

Crypto Futures With PrimeXBT Relax, It’s Play Time!

Morgan partnering with Polygon, the project has already cemented its place as a key player in the Crypto world. As to contracts are worth $20 a point, multiplying by 25 gives you the total loss of $500. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. KYC is optional on PrimeXBT. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. Depending on your jurisdiction, some products or services might not be available. Leverage amplifies your profits in short selling. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome.

회사소개

For example, a company like Kellogg’s buys corn contracts to know exactly what price the company will pay for that commodity at a specific time. If you are a large investor and plan on investments over $10,000, contact us at vip or by the feedback form on our website. However, there is a daily limit of $20,000 or equivalent, unless you’re KYC verified. However, it’s uncertain how this fee structure stacks up against others in the market. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. Even so, Binance has set itself apart by offering an insurance fund for user assets. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. These products are not suitable for all investors. Although there are outliers in the stock market that have performed as poorly or worse than some cryptocurrencies, few asset classes were as impacted by the drawdown in financial markets of 2022 as crypto. Open the downloaded file and tap Install to complete the installation. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. Overall, I rank PrimeXBT in the middle of the pack.

Subscribe for weekly updates

This gives the trader the advantage of making money on “borrowed funds”. If this happens, your provider may contact you and ask you to add funds to your account. Vincent and the Grenadines and are currently in discussions to become more legitimate by moving to Switzerland and complying with regulation laws, though it is not clear when or if that will happen. 05% flat irrespective of volume, and Binance offers further 25% reduction in fees if paid in BNB. Usually, there is a chat icon on the bottom right corner of the website where they can initiate a conversation. 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. Our website uses cookies. The steps to activate it are straightforward. Receive the latest news and stay informed. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. Bybit is also clear that it may require KYC to approve withdrawal requests at any point. Você pode baixar o Aplicativo PrimeXBT na Apple App Store para dispositivos iOS ou na Google Play Store para dispositivos Android. PrimeXBT utilizes stress tests, security audits, and extensive cyber security frameworks to ensure that strict measures and practices are in place to protect customer assets against any threats. Since its inception, PrimeXBT has focused on offering advanced trading solutions with a particular emphasis on high leverage, allowing traders to maximize their potential returns. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Date of experience: July 10, 2024.