PrimeXBT: A Crypto Trading Platform for Beginners and Pros

PrimeXBT allows its users to engage in trading some of the major indices such as NASDAQ 100, the SandP 500, NIKKEI 225, ASX 200, and others alike. Whether or not you will actually be able to perform proper technical analysis and be accurate from such a tiny screen with big fingers is another matter. A New York state business, was shut down by the U. This is something that you can get in your account management page under the “referral” section. This is very low, especially when compared to other exchanges. ” BONE is a governance token, allowing holders to vote on Shiba Inu’s Doggy decentralized autonomous organization. 6️⃣ entdecke mehr Click the ‘Submit to Withdraw’ button to place the withdrawal. In 3 occasions on 13th and 15th of April 2020 they have closed my positions on 6$ and on 20$ difference while price was above 6k, meaning their system is liquidating on almost 1/1000 since margin was over 1 when they liquidated it, 10 times more on 13th and 3 times more on 15th. Only some people are comfortable with massive swings, while others will only be concerned about possible returns. Despite the growing demand for cleaner energy sources, the oil market remains attractive to investors due to its continued high dependence. Rewards will be based on the severity of the bug and the order in which it was reported, and will include. Therefore, you need to learn the technicalities, terms used and how the entire sector works before you start trading. How PrimeXBT defines the term is confusing at best misleading at worst. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. Customizable charts, technical analysis, and leverage trading enhance the experience, creating successful traders anywhere in the world. Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity. Once completed, you will be automatically logged in to your PrimeXBT account. The impact of this event was very bullish for Bitcoin. Polkadot’s governance model allows token holders to participate in decision making, ensuring they are aware of any proposed changes that might impact their staking activities. These products are not suitable for all investors. So if you deposit a cryptocurrency at PrimeXBT, you could let it sit there and earn interest anywhere up to 14% APR depending on what kind of crypto it is. 001 BTC, thus the minimum margin required to open such a trade with x200 leverage would be 0. To trade on the forum. Between euphoria and complacency, an expert trader will exit their position before the bear market kicks in.

Bitcoin Leverage Trading in the US

To calculate your profit, you need to multiply the difference between the closing price and the opening price of your position by its size. Copy Trading: PrimeXBT enables users to copy the strategies of leading traders through the ‘Copy Trading’ product. Our website uses cookies. What is the minimum and maximum amount for a withdrawal. We take your concerns seriously and would like the opportunity to review your situation in detail. South Africa is one of the largest exporters of Gold, which is valued on the global market in US dollar. Prime Technology Ltd is PrimeXBT’s Technology Provider. Here, copy traders can earn 75% profit share. You should also monitor the trading volumes and any whales in the market. Bitcoin Cash and Bitcoin Gold, and ‘Halving Events’, which occur approximately every four years. The markets are some of the most popular markets in the world that fall under this category and allow for diversification. Claim up to $7,000 in Bonus. Make sure to check our list of the top exchanges for leverage trading Bitcoin. To view or add a comment, sign in. Smooth, in house charts remove a common bottleneck from the trading process so you can make decisions quickly. 01 BTC as Trading account’s Equity and you wish to trade BTC/USD. For those traders who are more technical, they may prefer a broader range of order types and functionality. For ETH deposits are available. Detailed information regarding fees and trading conditions for all available instruments can be found on our website here: dditionally, you can review detailed information for all available instruments for Global Markets Margin and Copy Trading accounts directly from your PrimeXBT account interface here.

If you invest $100 in Ethereum today

Here is a look at the margin requirements for the 11 supported indices. Past elections have acted as the catalyst that once past, leads bulls into a new rally and Bitcoin toward new all time highs. A quick 3min read about today’s crypto news. This can be accomplished by backtesting and knowing that the system is not only profitable but how it behaves over the long term. Telephone number:010 449 4445. Margin trading is one of the key selling points of the PrimeXBT platform. The PrimeXBT brokerage exchange is not currently licensed. Make sure to also review our special guides about how to manage your orders and positions. Io, a free educational platform. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken. A Trading day is a 24 hour period which begins at 00:00 UTC and ends at 23:59:59 UTC. Dear HossamThanks for your high score, PrimeXBT appreciates your opinion and feedback. To fill out the box that displays, click on the pair that appears on the left. You will now receive one of the following messages. ETH and ERC 20 tokens COV, USDT, USDC require 10 block confirmations which usually takes around 4 minutes. Com or you can contact us in the chat room on our website. There is a good support team, which is always in touch, high reliability and security, registration and verification on the site is long, but very serious. It is accessed under a paper money account with a “fake” balance and positions and gives a proper look and feel of the platform. Exclusive to SAShares Clients. The name “Margin Call” is a throwback to the old days when a stockbroker would call a trader and ask them to deposit more margin in an account. We do not recommend utilizing almost 100% of Available margin as it has significant risk of even the smallest negative P/L resulting in liquidation of the positions. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. Learn more about Baksta’s Legal Terms. Commissions will be a detailed review of all commissions earned from referrals, while raw clicks displays a full list of all the clicks driven from your online referral activity.

Other news

PrimeXBT provides 24/7 customer support through live chat, typically responding to queries within 2 minutes. PrimeXBT offers its traders 3 different types of orders for entering and exiting trades. Of course, nobody is going to lend us funds for free, so we need to provide collateral in the form of margin. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. The PrimeXBT platform has plenty of tools available to suit traders of most skill levels. 76 for 2025 — about a 1,768% increase over its current price. PrimeXBT offers traders a 1:100 leverage for trading cryptocurrencies and a 1:1000 leverage for trading Forex, Indices, and Commodities. Additionally, you can copy the link manually to share it on any other social media channels. In fact the co founder said that Ethereum is aiming to hit “10,000 transactions a second”. Check out Prime XBT, a trading platform which allows for leverage of up to 100x, and many more features. Beyond Cryptocurrencies, PrimeXBT also offers Global Markets like major Stock Indices, Forex, and Commodities – all from a single account. I have never had any problems with deposits and withdrawals and these are usually processed within 24 hours. Below are the commission rates. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Polkadot price prediction 2023 was DOT coin reaching an impressive maximum price of $13. Even novice traders can spot them and understand their significance as signs of rejection and impending reversals. Additionally, users can access their transfer histories through individual wallets. Many trading platforms offer margin trading in fiat currencies, but few allow you to trade traditional financial assets like currencies and indices with cryptocurrency and use leverage to boot. Even if I opened my position to the old Terms. You can build out your own workspaces that you can access at the top of the platform.

Frequently Asked Questions About PrimeXBT

That being said, all pairs still offer strong leverage options, even if they are not all at the x200 range. The default should be 5 minutes, but you may also choose 1 or 15, and even 30. We are compensated for the affiliate links on this page. Users can trade long or short, with margin. We have created a list of bitcoin exchanges where you can buy Bitcoin. Unfortunately, they do not have a dedicated phone line which you can dial in the case of an emergency. As a part of our Know Your Customer KYC policy, clients, regardless of their location or residency, may be subject to enhanced due diligence reviews. To qualify for the sign up bonus on Prime XBT, you must create a new account on the platform and meet the eligibility criteria of the promotion. As of now, FTT/USD pair has been transferred to ‘reduce only’ status. Post articles and get them viewed, discussed, and shared in one of the most active cryptocommunities. Beginners can also take advantage of the broker’s useful technical analysis guides and CFD education, plus 24/7 in platform support via live chat. This review will delve into the key characteristics, advantages, and disadvantages of PrimeXBT’s copy trading feature, and assess whether it is a beneficial investment tool for all levels of users. For day traders who engage in futures activity, the ability to look at minute by minute chart details is a godsend. However, it claims to offer many advanced features over other blockchains. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. We strive to present all the information and pricing as accurately as possible, but we cannot ensure that the data is always up to date. Instead of applying the implied Progressive fees schedule tied to the total Followers’ equity only, we will be collecting actual price slippage during each execution of a Followers’ copying order and charge actual cost that could be caused by extra slippage during its execution. But how do PrimeXBT’s fees rank compared with other margin trading exchanges.

Product summary – What we discovered in our PrimeXBT review

Users can deposit PrimeXBT supported Crypto, purchase Crypto with a credit/debit card or SEPA, using Coinify, or deposit Fiat. These NPCs are going to pile into a carry trade also. One of the most powerful tools is to use margin trading. No, this is not possible at the moment. Now you have an open leveraged position on PrimeXBT. The Bybit copy trading platform has already attracted over 259k users, making it nearly instantaneously, one of the largest markets for crypto copy trading. Trade cryptocurrency derivatives with fees as low as 0. Além de posições longas e curtas em Bitcoin, Ethereum e dezenas de outros ativos digitais, a plataforma de negociação de margem também oferece moedas Forex, commodities como ouro e petróleo, além de uma extensa gama de principais índices de ações. This PrimeXBT review will also guide you to further understand how the platform works. PrimeXBT scores, however, by trading forex, indices, metals and commodities, which also allows you to increase your bitcoin by trading on traditional markets. On Forex overnight financing is not charged on Sundays at 00:00 UTC and is not charged on Mondays at 00:00 UTC. 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. I really ask myself:Imagine you’ve been hitting serious. This exchange currently has more than 12 million users and is offering its services in more than 35 countries. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;.

Social trading vs copy trading

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. The UI is completely customisable, allowing users to add a watch list, open positions, pending orders, charts from TradingView, and much more. Volatility creates an opportunity to make profits, but it also increases the possibility of loss. The trend can also be exhibited in the short term. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. PrimeXBT offers copy trading to all clients, letting you mirror orders executed by other investors in various markets. The reality is that Ryoshi could be a handful of people anywhere in the world. For most traders, this is probably more than enough, but it is sure to disappoint some individuals who prefer working with smaller altcoins. Available margin can be increased at any time by closing any position and/or transferring more funds to your Trading account. In that case, the trader will incur a loss. Some of these are known as shooting stars, hammers, Doji candles, bullish engulfing candles, bearish engulfing candles, and numerous others. Collect Bits, boost your Degree and gain actual rewards. Disclosure: To ensure our site’s review data always stays free and running up to date, sometimes we might receive a small commission if the reader purchases through our site links, at zero additional cost. Reply from PrimeXBT Copy Trading. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. For legislation to address ‘misleading crypto asset promotions’ with the intention to bring cryptocurrency averts ‘into line with other financial advertising’. Though founded and registered in Seychelles, with offices in St. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. Once you send clients you will get less than 0. There are also a plethora of technical studies and indicators that can be used. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. It contains detailed information about your Trading account, including trades, fees, financing, and transfers that affect account’s Balance. Learn more about Baksta’s Legal Terms. The year when the cryptocurrency exchange was established.

100x Leverage

More experienced traders can put their hands on less liquid coins as well. Dear MailenThanks for your high score, PrimeXBT appreciates your opinion and feedback. To learn more about Cardano ICO click here. All crypto assets can be bought and sold for US dollars. We were unable to find these stats updated for recent years, but have not found any complaints or reasons to assume these impressive slippage statistics have faltered. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. It was created and released into the wild by a pseudonymous individual or group of individuals by the name of Satoshi Nakamoto, who has since disappeared without a trace. Charts are powered by TradingView, giving users the full suite of technical indicators and drawing capabilities to carry out comprehensive technical drawings. While some are more straightforward and beginner friendly than others, you shouldn’t encounter any difficulties with either of the top rated exchanges. 01 BTC as Trading account’s Equity and you wish to trade BTC/USD. Additionally the user interface is easy to navigate, they regularly update their technical analysis and fundamental analysis and their subscriptions are very affordable for most traders. Gli strumenti di analisi tecnica incorporati, come gli indicatori e i grafici avanzati, mi hanno aiutato a prendere decisioni di trading informate. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Any withdrawal of your own funds from Trading account to Wallet will automatically remove the full amount of Bonus provided. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. In April 2021, ETH price rose above $2,500, then suffered a slight dip, before reaching a new peak price of $4,000 in May, and climbing to an all time high of $4,733 later in November. Founded in 2018, PrimeXBT offers leveraged trading, real time market data, and analysis tools across a wide spectrum of crypto assets. For a large selection of cryptocurrencies: Binance.

Regional settings

Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Users can trade long or short to enhance earnings through rising and falling markets. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. One of the standout features of PrimeXBT is its diverse range of markets beyond cryptocurrencies. Only to find that you chose the wrong exchange for your needs. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities. Slippage can occur for a number of reasons. This means that it should rarely take longer than 24 hours for your withdrawal to be back in your own crypto wallet. The short term trader will find the occasional opportunity, but the longer term trader will look for gains based on the next bullish run for crypto overall.

Renate

Litecoin is a fork of the Bitcoin Core source code, created by former Google engineer Charlie Lee. Built in charting software gives day traders a competitive edge and a mobile app keeps them connected at all times wherever they are. Crypto traders should always take some time to see whether the exchange they want to use is available in their country/region or not. Leverage can vary quite drastically from market to market, so you should also understand how much leverage you will be using before putting on any particular position. Traders who provide trading signals are called trading signal providers. PrimeXBT only allows once per day withdrawals of crypto assets ranging from BTC to ETH and stablecoins, so that the strictest cold storage security protocols can be adhered to. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The highest possible leverage is automatically applied when opening a position, and you can control it by selecting the size of the position. Please note, some markets may only be available via CFDs or other derivatives. Verification of the account will extend 24h withdrawal limit and open additional rewards. GBP/NZD is The Great Britain Pound traded against the New Zeland Dollar. In conclusion, PrimeXBT is a versatile and user friendly online trading platform that provides diverse investment opportunities for traders of different levels. To withdraw Fiat currency USD, go to the Main page. The same is true for withdrawals – users can only withdraw BTC. To get to your margin trading page, click on the Trade button located in front of the margin account of your choice. This can be done by generating an Account Statement on the ‘Reports’ page. In addition to offering margin trading up to 100 times your initial investment amount, it also has a novel “covesting” feature that lets you see and mimic the trading moves of top investors on the website. To make a trade, just select your desired pair, enter the amount you wish to buy or sell, then click the buy or sell button. In this case, if your TP/Limit buy order was NOT executed, this means that the ASK price of the asset has NOT reached the price specified in your order. 0001% for forex trading, but they change depending on what you’re trading. Key features such as copy trading and trading contests add to its appeal, while its lucrative affiliate and referral programs set PrimeXBT apart in a competitive market. USDT, USDC and COV can be deposited via ERC 20 or BEP 20 network. Browse the forex broker websites and identify the legit and fraud brokers accurately. Of course, cryptocurrency is extremely volatile, and you could just as easily lose your entire investment. Final crypto exchange evaluation conclusion based on research, expert opinions and user feedback. The cons of PrimeXBT include a lack of regulatory oversight, as it operates without a formal regulatory framework.

Resources

You can almost think of a cash account as a debit card versus a credit card. The highest paying financial affiliate programs in 2024. Cryptocurrency futures contracts are financial derivatives that allow traders to speculate on the future price of a cryptocurrency without actually owning the underlying asset. PrimeXBT offers not only a leading platform for crypto futures trading but also offers a wide range of traditional asset CFDs, providing traders with an abundance of opportunities to diversify their portfolios and hedge against market volatility. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT awards prizes for virtual trading contests. The main section of the platform allows you to manage your account. Losses may still occur, even when copying the most experienced traders. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Traders can take advantage of bullish and bearish market conditions by going long or short. The closer that an option contract gets to expiration, the value will drift lower. If you trade a great deal of volume on an exchange, then these fees add up on a cumulative basis. Beyond that, Cardano has an energetic team at Input Output Hong Kong, which continues to push the boundaries of Cardano. Deposits are made through third party services such as Coinify, Changelly, Xanpool, CEX. If your AdvCash wallet displays 0, this means that you have insufficient funds on the selected wallet. This guide will help beginners identify and avoid potential risks when selecting a cryptocurrency exchange.

Most Secure Wallets To Start With

05% is much lower than many comparable CFD brokers which is a massive benefit for traders who use PrimeXBT. The current price of Cardano ADA is 60 cents, up nearly 170% from 2023 lows. We’ve chosen and vetted the exchanges in this list based on publicly available information. The nature of the two currencies makes the LINK to USD currency pair appealing for trading and investing. Trade global markets including Cryptocurrencies, Stock Indices, Commodities and Forex from your mobile device. 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. Com is provided for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any product, service or investment. Io review for contrast. For USDT, USDC and COV the withdrawal fees vary depending on the network used. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. This gives the trader the advantage of making money on “borrowed funds”. With that said, metals can climb to 1:500. Of course, even if a hacker is able to get hold of a user’s password, PrimeXBT offers two factor authentication, meaning a hacker won’t be able to access a user’s account without also having a user’s 2FA code. Finally, PrimeXBT also runs a pretty unique medium blog. 5 of your personal funds. The cryptocurrency industry is a booming, new financial market surrounding emerging technologies. These widgets can contain a chart, order form, trades, messages etc. Keep in mind BITFLEX is not a completely KYC free exchange. Bitcoin picked up where those projects left off, merged with some aspects of each, and solved the double spend problem plaguing these other early versions of electronic money. The platform allows users to tailor their trading dashboard to suit their preferences, ensuring that they have quick access to essential tools and information. You should take 1% my whole margin only when it is taken by the price change, and your faul play is noticed over and over. If you were to purchase the shares without using any margin, in other words in a cash account, you could buy 400 shares. The PrimeXBT affiliate program offers single tier commissions, which means the affiliates earn commissions only on sales they generate. 38 Wong Chuk Hang Road 1/F, 2F, 25 27F, Hong Kong Island, Hong Kong. This simply lets you see what expert traders are doing so that you can copy their moves. 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. These products are not suitable for all investors. PrimeXBT furnishes users with the necessary data to track account activity.