◾️I received a ‘Welcome bonus’ offer How can I claim it?

This would be a continuation of the action that we have seen every other time a “crypto winter” has taken place. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. Something that you may have noticed is that PrimeXBT does not require any forms of identification when you sign up. For withdrawals to fiat currencies through methods such as Advcash, Perfect Money, or Alternative Payments Methods, PrimeXBT might impose a processing fee. PrimeXBT has developed its own trading platform with advanced charting capabilities powered by TradingView. If you have any questions or need further information about trading on our platform, please feel free to contact us at. It will also help you identify if you have accidentally landed on a phishing site of some sort. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. You can conveniently sort them according to their total profit. Depending on your jurisdiction, some products or services might not be available. Our clients love how fast and simple our sign up is. Yes, cryptocurrency is legal in Canada, but it’s regulated. 01%, while on PrimeXBT, they were consistently over 0. Learn more about Baksta’s Legal Terms. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. 158 by the end of the year and could even reach $1. This is the trading platform I needed all this time. If you do not meet a margin call, this triggers an automatic liquidation of your position until there is enough margin left in your account to cover any credit risks. PrimeXBT has a free economic calendar and publishes regular market breakdowns and weekly outlooks. Remember, margin trading is not suitable for everyone.

Cryptocurrency trading for beginners: An introductory guide to trading Cryptocurrency

When using live chat, I usually received a response within 2 minutes. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. As previously mentioned, instruments like the CFD enable crypto traders to boost their market exposure by harnessing the power of leverage. Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. If you have decided that you would like to try out the PrimeXBT platform then you will need to register an account. Failure to declare taxes in Australia carries serious consequences including penalties, interest charges, fines and criminal prosecution for tax evasion. For those considering PrimeXBT, it’s advisable to consult user generated platforms like Trustpilot for up to date ratings and reviews. By following these steps, you can easily disconnect the Telegram bot from your PrimeXBT account, ensuring that your account remains secure. 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. March brings a slight uptick in Cardano’s market performance. Com offers a discount on first purchases. Opportunities for advancement and career growth. The main disadvantage of PrimeXBT is because it’s not a primarily crypto focused exchange like the other crypto exchanges on the market, its crypto pairs selection is quite limited to only the top 10 or so coins, but the exchange offers both USD and BTC pairs for these coins, along with both spot and margin options. Crypto Deposits: PrimeXBT offers free crypto deposits. However, users should be aware that depositing fiat currencies through third party payment processors may incur fees, which are determined by the payment provider. PrimeXBT does not charge a handling fee for deposits; however, third party processing fees may apply, depending on the chosen payment method. It stores its client’s funds in cold storage wallets and ensures that the user follows Two Factor Authentication. Past performance is not a reliable indicator of future results. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. If you’re new to trading, the PrimeXBT bonus can be a welcome boost to help you get used to trading quickly and efficiently, while potentially maximizing your gains. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. We aim to provide a smooth and efficient experience for all our users. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance.

PrimeXBT Leverage

Strategy https://primexbt-exchange.com/spot-islem/ Managers Profit and Loss. There are hundreds of cryptocurrency exchanges to choose from, so how do you know the right one to choose. They usually send withdrawals back to where they came from, unless there’s a good reason not to. 17 years helping Canadian businesses choose better software. PrimeXBT offers over 100 tradable instruments on its Forex and CFDs account, including currency pairs, commodities, indices, and cryptocurrencies. It serves clients in over 150 countries and has over 100 trading assets available. At PrimeXBT, we cater to diverse user needs with multiple deposit methods. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position.

FAQ

It excels in facilitating the buying, selling, and trading of digital assets. Whether you’re a seasoned professional or just starting out, this program provides a chance to increase your earnings through referrals. Because crypto exchanges specialize in different areas, each with their own strengths and weaknesses, and because crypto traders have different needs, it is important to match a crypto user with an exchange that performs well in the area that is important for them, which is why we put together this article about the Best Cryptocurrency Exchanges 2024, which you may find useful. Bitcoin Price Prediction. If you do not see this then it means that you could be on a phishing site and should leave immediately. Unlimited via Perfect Money. It allows investors with existing brokerage accounts to link a new account via their existing broker easily. How to Place Your First Margin Trade on PrimeXBT. Trade cryptocurrencies, commodities, Forex, and major stock indices with ease using CFDs. Seek independent advice if you have questions or do not fully understand the risks. Also Read: eToro vs PrimeXBT vs Capital. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Click Download and confirm the file download if you see a warning. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. Hello Christian,Thank you for sharing your experience. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. There are plenty of no KYC exchanges, decentralized exchanges, and P2P trading platforms that won’t ask for your personal data to trade crypto. One of its entities is also licensed and regulated as a crypto wallet. Losses can exceed the initial investment. PrimeXBT itself gives a figure of 7. Additionally, you cannot set stop losses and take profits directly from the order form. PrimeXBT stands out through multiple quality of life features like multi language support catering to global users. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. In fact, the margin account allows you to trade more than you normally would, but it should be recognized that it is a loan that facilitates this possibility. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. This step is crucial for refining the strategy and ensuring it performs well under different market conditions.

Setting Up Two Factor Authentication 2FA

SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. The adoption of Cardano in the healthcare industry could be accelerated through cooperation with healthcare organizations or electronic health record providers, potentially enhancing its value. This becomes a highly efficient way to make trades as you can spread your riskable income out. 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’s important to note that this welcome bonus is exclusively available to new users and cannot be claimed by existing clients. Returns or profits may be subject to capital gains tax. Frequently Asked Questions. KYC is an acronym for ‘know your customer’ or sometimes, ‘know your client’. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. ADA price saw substantial growth from its bear market bottom as overall market sentiment finally turns bullish. Never invest money that you cannot afford to lose. Users can open accounts, deposit crypto, and start trading with just an email address. The platform provides access to major and minor currency pairs, enabling traders to capitalize on market movements. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature.

Withdrawal Fees

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. Proper preparation through technical analysis is also a risk management strategy. The exchange was established in 2019 and lets investors trade more than 330 cryptocurrencies, including with leverage. Scan this code to download app. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. What stands out about the PrimeXBT demo account. Comments: Limited technical analysis tools. As long as gold does not skyrocket, you cannot expect a gold backed cryptocurrency to do so. Mirror trading allows forex traders to copy the trades of experienced, successful forex traders automatically using a mirror trading platform. Long selling is buying low and re selling high. Therefore, I cautiously recommend PrimeXBT as a legitimate and safe broker, as it lacks operational history. Apply today or share this post with your network. Its standout feature is copy trading, letting you mimic successful investors. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of MArketing66 and/or the data provider. There are no fees for account deposits. Is the bonus still avaible.

Mobile App

Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Leverage is offered on all of the available assets and lets traders protect their capital by multiplying small amounts to become large, powerful positions that drive massive profits. 1% of the required capital in order to take out that position. Super happy I found ’em. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Low tier regulators tend to offer the least comprehensive oversight of brokerage firms. However, the broker does not provide comprehensive market research, and some of its spreads exceed the industry average. Copyright © 2025 EA Trading Academy.

Know Your Customer KYC

Once your order is placed, you can monitor your open positions and use risk management tools like stop loss and take profit orders to manage your trades effectively. You can also easily create and import your own custom tools, indicators, and EA on the platform. Learn more in our Cookie Policy. This fee structure encourages liquidity in the market while ensuring fair trading for all participants. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. We’re excited to announce the winners of Round 1, who’ll be taking home amazing prizes. PrimeXBT also offers affiliate programs to earn even greater rewards through referrals. In order to battle this, Bitcoin Cash proposed increasing the size of blocks to between 8 MB and 32 MB, thereby enabling processing of more transactions per block. You cannot get it just by registering and making a deposit. Bybit’s staking feature allows users to earn passive income by locking up their assets for a set period of time. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Important to note: PrimeXBT features CFDs Contract for Difference trading, not Spot trading as is the case with the majority of crypto exchanges. 100% of users recommend this product. Crypto enthusiasts can buy over 60 cryptocurrencies including Bitcoin BTC, and Ethereum ETH on the PrimeXBT platform. You can earn up to 75% of the profits of those whose trades you copy. Still, you will need to decide which Cryptocurrencies you would like to trade. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. Overnight Financing is the borrowing cost for using PrimeXBT assets for leveraged trades and is charged at 00:00 UTC for any position that is carried into a new Trading day. This type of candlestick chart analysis can help traders understand where to place limit orders for entries, or stop loss orders in case the market goes against them. Instead, there is only one account providing all the broker’s services with no limits based on deposit size and trading volume. The order form also displays recent trades and order book data. Information regarding past performance is not a reliable indicator of future performance. Calculation formula: Funding rate % Asset price Amount position size. Bybit also offers a lot more crypto centric products like the Launchpad and NFT marketplace and features a better built out Earn section. 24/7 customer support. PrimeXBT is a cryptocurrency trading platform offering access to global markets, including forex, commodities, indices, and cryptocurrencies. PrimeXBT has never suffered a hack or security breach during its operational history. Various factors, including regulatory developments, adoption by financial institutions, technological advancements, and overall market sentiment influence the price of XRP.

My Key Takeaways After Testing PrimeXBT on Mobile

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. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Click ‘Verify Account’. Email usto arrange a time to discuss. This website is owned by PrimeXBT PTY LTD. The provided educational materials do not constitute professional advice in any area, including investment, financial, legal, or tax. Transaction fees on PrimeXBT are incurred each time you execute a trade. Therefore, we wanted to share the following bulletin with the community to protect you from criminals and other bad actors. 01% for makers and 0. PrimeXBT is a leading cryptocurrency and multi asset trading platform that offers users access to a wide range of markets, including cryptocurrencies, forex, commodities, and indices. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. It seemed to me something cool and exciting. Check out the latest contests on PrimeXBT, including weekly trading challenges and monthly leaderboards.

What’s a Sybil Attack and How Do Blockchains Prevent Them?

Use the most appropriate flair, if the flair is grossly misleading then the post will be removed and repeated offenders banned, moderators can change the flairs of the posts if the wrong flair is chosen. However, the drop could be a bullish retest of resistance turned support, and if holds could cause another bullish impulse upward. Minimum order sizes for all trading instruments are specified in the Tariffs and Conditions on the page. The platform also allows you to quickly switch from not only Forex pair to Forex pair, but other CFD markets as well, as PrimeXBT offers so many other markets such as crypto, energy, and indices. The next move higher will more likely than not be more of a steady grind, according to Bitnation. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. They are a fully anonymous exchange which can be advantageous for those traders that value their online privacy and would not like to send over personal documentation. SandP 500 SDX: As the holiday season wraps up and the New Year begins, the SandP 500 remains a fascinating. PrimeXBT has been growing in popularity as they attempt to take on some of the more established Futures and CFD brokers that operate in the space. These fees can impact your overall trading costs, so it’s important to be aware of them and manage your account activities accordingly. This allows you to quickly swap one crypto asset for another on the platform. You can participate in multiple tournaments at the same time. Its copy trading functionality steers clear of bells and whistles, offering a direct connection to individual traders. EAs can be customized to suit specific trading strategies, including scalping, day trading, and swing trading. For instance, the withdrawal fee for BTC is 0. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. 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. On the other hand, PrimeXBT’s analysis forecasts a potential low of $0. Virgin Islands, Northern Mariana Islands, Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. Remember, with a calculated approach and a dash of patience, Ethereum has the potential to be the spark that ignites your financial future. But, the platform focuses on major assets, ensuring trading is liquid and stable. Order Execution Policy.

Khalid m

The trading of leverage offers a lot of opportunities but is to be used professionally. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. Under US and international law. The table demonstrates how much you would have to pay to trade 1 full lot 100,000 units in EUR/USD with a pip value of $10 for each account. Agree and Join LinkedIn. This section will unveil the mechanics behind leverage trading and how it applies to the exciting world of Cryptocurrencies. If you choose to purchase crypto first from a crypto exchange, funding your account is relatively simple. If there is more demand for raw materials due to a shortage, the price will go higher. 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.

Developers

Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. If you ever need assistance or more information, feel free to contact us at. PrimeXBT has also never been involved in ascandal or a hack. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. Taking regular profit is a risk management strategy in and of itself, ensuring profits are regularly booked. Common Alternatives of Fairdesk and PrimeXBT. This can be appealing if you believe the price of the Crypto will rise. This gives you an in depth overview of the operational status of the trading engine, deposits/withdrawals and website. This web based platform ensures you can still enjoy a comprehensive trading experience directly from your browser on any mobile device. It attributes its success to an advanced trading environment that appeals to both new and experienced traders. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. The lack of automatic transfers is not typical for most crypto exchanges and can cause some inconvenience to users. 001 BTC and once a deposit is confirmed made to an internal Crypto account wallet, funds can be moved to margin accounts for immediate trading. They only have two types of fees, which are the trade fee and the overnight fee. 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. According to the FCA, mirror trading fits within MiFID’s definition of portfolio management. Our KYC/AML policies include industry standard financial monitoring procedures, enabling us to identify any activities that may necessitate additional CDD review. 0005 BTC withdrawal fee to also consider. Your feedback is invaluable as we continue to improve our service. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List.

Equal

Returns or profits may be subject to capital gains tax. 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. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Additionally, PrimeXBT hosts weekly trading contests. By strategically choosing the appropriate order type, you can enhance your trading efficiency and minimize costs. Get access to a wide range of trading, investing, and Crypto services from a single app. Both rising market cap and daily trading volumes seem to reflect market sentiment now strongly driven to buy XRP with the hopes of an optimistic XRP coin price prediction by the experts. Email at , live chat 24/7 availability. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. PrimeXBT felt more like a traditional forex exchange. Its primary role is within the ecosystem, which now extends beyond being just a meme asset. Your profits will depend on your patience, trading decisions and the success of your trading strategies. Only for verified users. By analyzing the market before getting involved, you can approach the market with a plan in advance, instead of trading based upon the emotions of the moment. This commitment to openness allows for a trustworthy and straightforward user experience. Yes, you can find PrimeXBT coupons on Reddit. It is recommended to buy at the flow and sell at the ceiling. PrimeXBT is often praised for its low fees with spreads as low as 0% and trading commissions as low as 0. Open the downloaded file and tap Install to complete the installation. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency. Still finding PrimeXBT too complicated. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. In full transparency and honesty, I have never been a big fan of the too many offshore and unregulated exchanges that are out there as so many of them can be quite dodgy. As an alternative, if you want to withdraw your funds in fiat more easily, you can transfer them to your Zengo wallet and then withdraw them to the bank account associated with your Zengo wallet. Mobile versions of trading terminals have somewhat reduced functionality. Technically, AAVE has broken out of its recent range, rising above 300 as bulls look toward the 400 mark.

Open free account

Comments: What I have to admit is that PrimeXBT is one of the safest trading platforms I have ever worked with. Using a File Import is an effective way to import all your transactions on PrimeXBT as it’s safe and easy to do. In the next section, we will provide a detailed summary of the key points discussed in this article. Low fees and easy deposit options makes it a cost effective choice to begin margin trading. 99% fee, not PrimeXBT. These restrictions ensure international regulation compliance and maintain the integrity of the platform’s operations globally. XRP price has changed by 3. This bonus is added to your trading account and can be used for trading, increasing your capital. You can fund your account by either depositing crypto from your personal wallets or using third party services like Paxful, Coinify, or CEX. Yes, it is very likely that Dogecoin will increase in value. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation. 🚀 Visit PrimeXBT today and start your journey towards smarter, more profitable trading. Now, when it comes to the trading fees for cryptocurrency trading, there’s a flat trading fee of 0. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. Whether you want to trade from home or on the go, we offer a range of platforms, so you can access the markets no matter the situation. Many trading success stories prove its effectiveness. The winners of the tournament receive a cash reward. 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. That’s everything there is to it. Crypto Deposits: PrimeXBT offers free crypto deposits. Because the formation consists of three price peaks, it is nearly impossible to detect a perfect pattern on an actual chart with resistance and support levels placed horizontally to each other.