Customer Support and Resources

Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Want to withdraw your profits. The broker ranks providers so clients can find a trader that matches their risk tolerance and trading style. This policy is in place to comply with international regulations and ensure the safety and security of our platform. Here are some expert predictions for the price of Stellar XLM. When you receive BTC this way, you can either keep it, trade it, or convert it to cash for use for bills or other things. To short on PrimeXBT, log in, choose the market, set parameters for a short position, and execute the trade by selecting “Sell. This is exemplified by our core values, which align with our mission, and help us achieve our vision. A contracts for difference CFD is a contract where a person trades the price difference of a cryptocurrency between when a position was opened and when it was closed. The ability to explore different strategies with various types of margin gives you flexibility in how you trade and manage risk. As of writing, the platform has never been hacked or experienced a user loss of funds. The maximum deposit limit for bank transfers is $100,000. However, if you are more of a longer term trader, you free up time to walk away from the computer and monitor where the position is heading every few hours, or even every few days. These products are not suitable for all investors. A good trading plan needs to have the right risk management strategies. So, why is this arguably the number one bitcoin margin platform. 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. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. 05% for Cryptocurrencies● 0. To access it, navigate to ‘Hub’ and select ‘Referral Program. Enter the promo code you’ve found or received into the designated field and click Activate. So, what about Kraken. Get access to advanced charting and expert tools, wherever, whenever, to make the most of market opportunities. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. For instance, funding fees for BTC on Binance and Bybit were both 0. $20,000 or equivalent for unverified users. But is this a signal to buy Corretora PrimeXBT no Brasil Ethereum. As well as this, the exchange has a strong focus on privacy coins like Prime XBT Withdrawal Monero XMR. 01% and taker fees at 0.

PrimeXBT vs Binance

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. ADA, the native token of the Cardano blockchain, is used for staking, securing the network, and participating in governance. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. By taking advantage of these special deals, you can further boost your trading potential and reduce costs. Similar to SOL, DOT’s price experienced a correction and has since held steady at around $30 40 as of March 2023. They don’t trust a third party with their personal info. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. But, OKX has more options like spot, perpetual swaps, futures, margin, options, and trading bots, making it better for advanced traders. The Covesting module, in particular, is often highlighted as a valuable feature that allows users to follow and replicate the trades of successful traders, making it an attractive option for both beginners and experienced traders alike. Earn passive income not only from your direct referrals but also from their referrals up to four levels deep. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. They can protect your account and other open positions as the position will automatically close when your position hits its margin call. Shiba Inu Whale Trades $3. In this review, we dive into PrimeXBT, a dynamic margin trading platform offering access to crypto CFDs, commodities, indices, and Forex. In addition to less common pairs like USD/SGD and EUR/NOK, traders can trade popular pairs like EUR/USD, GBP/USD, and USD/JPY. Resource 20 IndexFinancial and Ind. With PrimeXBT, buying Bitcoin and other Crypto is just the beginning.

Fiat Options

We mentioned digital technologies have created ways to bypass many trading constraints and empower inexperienced traders to become profitable. Since the market is decentralized, traders can seize opportunities irrespective of their time zone. In that scenario, you are at the very least paying borrowing fees as in the stock market, but more often than not you are also paying some type of margin deposit. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. This causes a slight delay in funds being available in the account. As shown below, following this decision to cut rates, we have begun to see a noticeable upward movement in the total cryptocurrency market. Having this information is useless to most people, however, with a right toolset and knowledge, getting relevant information by analyzing wallets and transactions is certainly possible. Check out our Help Center. Under the new regulations coming for crypto in the US, it’s likely both centralized and decentralized exchanges will implement more KYC processes in order to issue Form 1099 DA in the coming years. Volet deposits are free, while Perfect Money charges a 1. As easy as clicking a button on your trading platform. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Should you have any questions or need further assistance, please don’t hesitate to reach out at. Unrecognized or Partially Recognized Jurisdictions. This is achieved by borrowing funds from a broker to purchase a larger position. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. As a final step, verify your withdrawal with the link in your email inbox. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security.

Is PrimeXBT Right for You?

PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. Elena R, an expert in technical analysis and risk management in the cryptocurrency market, suggests that Cardano ADA might see a substantial surge, predicting a price of $33. This move represents a significant moment in the cryptocurrency industry, marking a shift towards greater institutional adoption and accessibility for investors. Disclaimer: The opinions expressed here are not investment advice; they are provided for informational purposes only. It focuses on KYC procedures, AML standards, and being secure. When the limit price is reached, a position is opened. At the moment, an API interface is not available. Also, PrimeXBT follows Anti Money Laundering AML standards closely. Here’s our detailed analysis of the futures trading experience. Best regards,The PrimeXBT Team. With O Knowledge You can Earn like a pro and faster while you sleep. The feature allows you to compete against one another in a bid to prove your proficiency. This means your earning potential is enhanced with PrimeXBT. However, there were a few areas of disappointment. Email Newsletters and Forums. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. The law on cryptocurrency transactions must comply with the anti money.

Security and Transparency

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. Verification problems can arise from unverified accounts, mismatched information, or incomplete verification processes. Coin Bureau readers who sign up to PrimeXBT can receive a 35% bonus if they sign up with our sign up link. Dear Bruno,We’re glad to hear that you’ve done your research on PrimeXBT and are satisfied with the quality of our services and tools. In fact, its competitive commission rate of 50% profit share can ensure your high earning potential. Staying informed about market trends and news is crucial for making informed trading decisions on PrimeXBT. For a comprehensive overview of your transaction history, you can also navigate to the “History” section within the app. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. These include ‘Hard Forks’, when a chain splits off into new forks e. You can also earn the following discounts on 30 days of rolling trading volume. As mentioned previously, you should choose the margin type that best fits your speculative trades or investments. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. Live channels are also available on social media such as Discord, Twitter, and Telegram. This week, the focus will be on US non farm payrolls and a speech by Fed Chair Jerome Powell. To add a withdrawal address, British users need to access their account, navigate to the ‘Wallet’ section, choose the cryptocurrency they wish to withdraw, and then enter or scan the withdrawal address. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. The platform also offers a mobile app for Android and iOS smartphones, and is planning an upgraded application in the future. With no minimum deposit, copy trading features and low commissions, the broker remains a popular option among crypto trading novices. We are always open to a dialogue and we are full of confidence that we can arrange for you the best conditions for a fruitful cooperation. Trade execution speed: Pick a platform that executes trades quickly, especially in the fast paced crypto market. $20,000 or equivalent for unverified users. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors.

How can I minimize overnight fees on PrimeXBT?

PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. Bitcoin and Ethereum rise together as part of the greater crypto tide, but there are times when each outperforms the other. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Ive been in crypto since 2017 so yes, I do realize this is extremely stupid of me not to deal with this sooner. However, the absence of custom price alerts was a notable drawback. Yes, it is very likely that Dogecoin will increase in value. This lets users trade with confidence, knowing PrimeXBT is legal and watched over. The candlestick suggests that buyers are running out of momentum, and therefore if we were to break down below the bottom of the candlestick, then it shows that not only has momentum slowed, but traders who are long of the market are starting to lose money. It is integrated with PrimeXBT to enhance the trading experience. Best regards,The PrimeXBT Team. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. ApeX Protocol: Trade Crypto. If you have any questions or need further assistance, please don’t hesitate to contact us at. The responses were fairly detailed but lacked accuracy in addressing all queries. Ultimately, for the ask price to be valid, there have to be people willing to sell the contract at that price. The platform allows users to trade both long and short positions, with margin. Implementing these strategies can help you attract more referrals and maximize your earnings through the PrimeXBT Referral Bonus program. On PrimeXBT, you can trade futures on popular cryptocurrencies, including. Actual virtual assets Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No.

Risk warning

PrimeXBT offers many ways to fund and withdraw money, fitting different needs. Day trading is a trading style that involves opening and closing trades within the same day. However, some training opportunities are available here. 11 in 2026, which is a 309. No malware, spyware, phishing or pharming links. $20,000 or equivalent for unverified users. Privacy practices may vary, for example, based on the features you use or your age. And the forced me to kyc and send them screen shot of my TX.

Bot, Social and Copy Traders: Perfect Match

Phemex copy trading pros. Benefits and Risks of Margin Trading. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. The mobile app gives traders the flexibility they need in the hectic trading environment of today by ensuring that they can access the markets and manage their accounts from any location. The platform has provided the option to add a range of different widgets for trades. We employ the latest security protocols. 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. TradingView charts are also available, helping users analyze and make better decisions. Our website uses cookies. While they have an office opened in St Vincent and The Grenadines, they have also have moved their trading infrastructure to a crypto friendly country of Switzerland. To reset PrimeXBT back to default settings, go to the platform’s settings menu, locate the option for “Reset to Default” and confirm the reset action. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Bitcoin, however, is decentralized, requiring no third party intermediary such as a central bank or government to facilitate or verify transactions. Tips for Successful Margin Trading on PrimeXBT. This broker has an amazing service, I reached out to them about one of their ebooks and I got a very explanatory response that I was very pleased with. For those that do not know, trading on leverage is a way for the individual to get more exposure to an asset than they have put down in funds. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. Deposit Purchase crypto via bank card or transfer via third party companies. The PrimeXBT Academy is a special place for deep learning in trading. 46% within its first 14 days. It has a top mobile app and a customizable web platform for all traders.

What is a swap fee?

In the next section, we will provide practical tips for maximizing your trading experience on PrimeXBT. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Technical analysis is a methodology utilized to make sense of an asset’s anticipated long term value and growth prospects by examining chart patterns, trend lines, and other signals instead of statistics and data. Com is provided solely for informational and educational purposes. The calculations for CGT can get very complicated, which is why our tax team wrote an in depth guide on how to calculate CGT on crypto. A buy and hold strategy is also called HODLing in Crypto, which means the investor is buying spot assets and holding them under any circumstances. In addition, since PrimeXBT doesn’t process any withdrawals made after 12:00 UTC until the next day, you may not always be able to rely on this service for instant transfers of funds. When you have this information ready, you can report capital gains and income together with other forms of income such as employment and dividends in your annual tax return. 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. It contains detailed information about your Trading account, including trades, fees, financing, and transfers that affect account’s Balance. In order to do this, you will need to provide them with an email and password. When you receive a margin call, you should either deposit additional funds to increase your free margin or close some leveraged trade to free up the used margin in your account. Reply from PrimeXBT Copy Trading.

Trading platforms Comparison with competitors

Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature. The service is easy to use and the learning curve is not steep. Here are a few fundamental factors that can help answer the questions “Is POL ex MATIC a good investment. Copyright © 2024 Construction Company. All transfers are executed manually, once our team checks all transactions for risk scoring, money laundering, suspicious trading activity, and other patterns. We’re here to help and ensure that your trading experience continues to be smooth and fulfilling. For each direct referred by the affiliate or indirect referred by his referral client, the affiliate receives from 5% to 20% commission according to the following scheme. It has a great UX design and site theme. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Care to share your thoughts. Returns or profits may be subject to capital gains tax. Continuous learning is important for trading on PrimeXBT because the financial markets are constantly evolving. Receive the latest news and stay informed. But when comparing these brands to the whole crypto exchange market, Binance takes the lead as the best rated online crypto exchange among its competitors and is a more suited choice for you. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature.

PrimeXBT

Coinmatics is an automatic copy trading platform that allows users to copy the trading operations of profitable traders based on their preferences. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. However, your wallet provider may require ID in some instances. Whether you are a beginner or an experienced trader, the PrimeXBT app delivers a comprehensive suite of tools and features to help you achieve your trading goals. With a global presence, it offers comprehensive services to ensure complete asset recovery. PrimeXBT reserves the right to revoke any bonus if the user is found to be in violation of the platform’s terms and conditions. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. This might cause a delay. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. 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. Capital Com SV Investments Limited is a company incorporated in the Republic of Cyprus with registration number HE 354252 and is authorised and regulated by the Cyprus Securities and Exchange Commission License Number 319/17. If you have any questions about our spreads, trading conditions, or need further clarification on how we manage liquidity, please don’t hesitate to contact us at. Boost Your Trading Power: Use the deposit bonus to increase your collateral, allowing for larger trades. Before you decide if you want to try the platform, it is important to know that PrimeXBT has a few countries that they don’t allow users from: United States of America, United States Minor Outlying Islands, Canada, Algeria, American Samoa, Cuba, Cyprus, Ecuador, Iran, Israel, Japan, Myanmar, North Korea, Russian Federation, Sudan, Syria, Saint Vincent and The Grenadines. Players have the chance to win substantial daily cash prizes. In the next section, we will discuss the impact of these regulations on traders and how PrimeXBT supports its users in navigating these challenges. At PrimeXBT, we’re turning up the heat during the Euro 2024 tournament with an exclusive giveaway that could see you.

Staking and Rewards

Cryptocurrency, Forex, Indices and Commodities. However, if you use the proper risk management strategies, you should never find yourself anywhere near receiving a margin call or a forced liquidation. For the trading fees, what you pay depends on your trading levels, as there are 10 levels based on your monthly trading volumes. Withdrawals: Withdrawing any funds from your account will automatically cancel the bonus. PrimeXBT was founded in 2018 in the Seychelles under the name PrimeXBT Trading Services and has since grown into a global brand with clients in 152 countries. At PrimeXBT you can begin trading with any amount. Active users across the world. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. Dear HapiThank you for sharing your feedback. PrimeXBT’s strong security measures, including SSL encryption, 2FA, and address whitelisting, ensure the safety of user accounts and funds. PrimeXBT is known for its advanced trading technology. Higher leverage can help increase profitability, but can involve more risk, and needs to be managed. Let’s face it, we all like technical analysis. The platform has futures on the most popular cryptocurrencies: Bitcoin, Ethereum, Ripple, Solana and others. PrimeXBT does not charge for deposit or wallet creation. Receive the latest news and stay informed. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. This chart represents PrimeXBT Crypto Futures trading platform service health over the last 24 hours, with data points collected every 15 minutes based on issue reports, page visits, and signal strength. While they have an office opened in St Vincent and The Grenadines, they have also have moved their trading infrastructure to a crypto friendly country of Switzerland. As for customer support, PrimeXBT offers support via website, chat, or email, 24/7. Trade anytime, anywhere, and stay connected to the markets that matter most to you. The exchange utilizes an extensive cybersecurity framework to make sure that strict measures and best practices are implemented to protect customer assets against any eventualities and threats.

Worse

Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. However, if you use a VPN, it is possible to access Bybit even if you reside in the United States of America. Popular trading pairs on PrimeXBT include BTC/USD, ETH/USD, XRP/USD, LTC/USD, and BTC/ETH. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. Date of experience: April 29, 2024. The live chat feature stands out with prompt response times, often within minutes, with agents who can help with account issues, trading inquiries, technical problems, and platform navigation. Financial Services: By enabling secure and open transactions, smart contracts, and decentralized finance DeFi applications, Cardano has the potential to completely transform the financial industry. They are not charging settlement fees on the contracts but are charging an overnight rate for holding the position. We’re delighted to hear that we exceeded your expectations with our prompt and helpful responses. It is a good coin for general Cryptocurrency enthusiasts as it is an altcoin. If you have any questions or need assistance, feel free to reach out at. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. With the app in hand, you can trade global markets seamlessly, including cryptocurrencies, stock indices, commodities, and forex, all from the convenience of your mobile device. 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. They have developed their own trading technology, making the platform robust with plenty of key features. Over the last 24 hours, the price of Chainlink has changed by 14. Staking cryptocurrencies is another way to make a passive earning in the ecosystem, but it has the added benefit of also being a ‘Buy and Hold’ strategy. This can be accomplished by backtesting and knowing that the system is not only profitable but how it behaves over the long term. In an intense but incredibly enjoyable month long academic program, the Academy aims to take talented engineers who are just starting out on their Web3 journey, teach them everything they need to know to become brilliant Web3 engineers, and give them the chance to join and contribute to the Polkadot ecosystem. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Brand operating since. PrimeXBT stands out in crypto for its simplicity and versatility. Here’s why PrimeXBT is a top choice for crypto trading. Hodl Hodl is a DEX specializing in peer to peer Bitcoin BTC trading only.

Worse

In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Since its launch in 2017, KuCoin has evolved into a promising cryptocurrency exchange, servicing a vast user base of 30 million individuals spanning more than 200 countries. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. $2,000 by bank card. Robinson moved into his current role of Executive Chairman, where he spends the majority of his time developing and executing group initiatives, either through the identification and execution of new acquisitions or developing and strategizing growth strategies for the existing portfolio. Our human support team is here to help 24/7, in your language. For BMEX holders, typical promotions include a discount bonus of up to 15% on taker fees, which is worthwhile for newcomers. However, if you are more of a longer term trader, you free up time to walk away from the computer and monitor where the position is heading every few hours, or even every few days. 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. Day trading is quite fast paced as trades are held for minutes or hours, which requires active trade management or strict risk management rules. Here’s a breakdown of the concept.