User Experience on PrimeXBT

Dear Alexander,Thank you for your thoughtful feedback on PrimeXBT. The developer, Prime XBT Trading Services Ltd. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. The support service works quickly and professionally, which will help customers to promptly deal with possible difficulties. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. PrimeXBT stands out for its diverse trading instruments, allowing users to trade not only cryptocurrencies but also forex, commodities, and indices. When you first sign up and make your first deposit on PrimeXBT, enter the code CRYPTONEWS7000 in the promo section. Access all education lessons. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. The exchange’s website states that support specialists work around the clock and usually respond within 2 minutes. It refers to the verification of a customer’s identity, usually using documents like an ID card or passport, as well as a document to provide proof of address if applicable. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. What is the minimum and maximum amount for a withdrawal. No marketplace activities such as buying or selling crypto, items, accounts etc. For example, if a trader is looking to purchase stock with a limit of $10. If you have more than one bonus available, only the highest or most applicable bonus will be used for that specific trade. Enter your valid email address and a set of passwords. Bybit constantly updates its platform with new features, making it a top choice for traders who want to get the most out of the crypto market. The minimum deposit is from $1. 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. Should you have any questions or need further assistance, please don’t hesitate to reach out at. These aspects contribute to the overall user experience, but how do they measure up in terms of technical tools and resources. Additionally, you cannot set stop losses and take profits directly from the order form. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. These five Cryptocurrencies top the list of assets by market cap and are far reliable investments with better long term profit potential. $20,000 or equivalent for unverified users. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration.

◾️How do I make a deposit?

” However, it is designed solely for the purpose of the organizer to sell their positions at a profit, causing the price to drop quickly and “dump” on traders late to get out of their positions. 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. 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. In addition, it charges 0. It has a top rated mobile app and a customizable web interface for all traders. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The mobile and web apps let users manage their trades easily and efficiently. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens.

PrimeXBT Review

Pocket Option review compared primexbt com to PrimeXBT. With leverage options available, you can maximize opportunities using the PrimeXBT Android app. It also gives them the ability to reach out to customer support right there in Telegram. No CFD trading fees, but watch out for spreads, commissions, and swaps. Ease of Use: The platform’s interface is designed to be intuitive and user friendly, making it accessible to both beginners and experienced traders. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Additionally, using decentralized exchanges, where users hold their own private keys and assets are stored directly on the blockchain, can also provide increased security. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. Also, a risk management system includes an advanced risk engine, a smart liquidation model, and even an insurance fund. Regarding leverage, we always strive to balance attractive options with maintaining a safe trading environment, but we appreciate your feedback and are continually evaluating our offerings to better meet our users’ needs. I opened this long position with a tight stop loss. With flexible payout options and no minimum payout, this CPS program supports affiliates worldwide. Learn all the terminology traders use to help you on your journey through the markets. Attend exclusive PrimeXBT events, network with other clients and learn new skills.

PrimeXBT is right for you if:

Free $10,000 Practice Account. Take advantage of this comprehensive Cryptocurrency Exchange Comparison Tool and see which brand wins. CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. We’re here to help you succeed and make the most of your trading experience. Date of experience: April 20, 2024. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. A limit order is an order to enter a position at a specific price called the limit price. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. I thought I was safe. Our human support team is here to help 24/7, in your language. PrimeXBT makes PrimeXBT order placement easy for everyone, whether you’re new or experienced. The volatile nature of the Cryptocurrency market often makes it highly unpredictable.

Exchange Trade Volume

The account opening process often only requires an email address or cell phone number. Solana growth will be needed to make this the time to buy it. Traders can alter their trading strategies and adjust any positions accordingly. Anytime you try to predict the future price of an asset, it is fraught with difficulties. Understanding the fee structure can help you minimize costs and enhance your trading efficiency. It is also important to remember that investing always carries risk, and there are no guarantees of returns. Track your earnings in real time. For starters, the safest place for your crypto is in a non custodial, cold wallet. Chart candles on PrimeXBT reflect the Bid price of an asset.

Step 4

SOLANA SOL/USD: Solana is showing signs of extending its short term rejection from the previously identified resistance zone, which aligns closely. At PrimeXBT you can begin trading with any amount. Reach out to us directly through the PrimeXBT app for any support or inquiries. As you can see, we only have to post a 0. The platform features a diverse range of derivative trading instruments, including Crypto Futures and CFDs for both traditional assets and Crypto. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. 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. The amount of margin depends on the trading asset, for example. The idea of “investing” in Shiba Inu is a bit of a misnomer because it is far too volatile to consider an investment in normal terms. When you leave a comment on this site, it will not show up until a Bitcompare administrator approves it. If you’re willing to get to know the stop order definition and learn how exactly this concept is implemented in crypto trading, this guide is for you – read on for all the details. It is possible to use third party services such as Coinify, Xanpool, or Paxful TC, which will allow you to buy BTC, ETH, USDT and USDC using your bank card, SEPA bank transfer, gift cards, etc. If an asset’s price is going down, the investor loses money – either against their initial capital, or against any unrealized profits left unbooked. Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice. Crosses include AUD/JPY, EUR/GBP, and GBP/JPY, with exotics including USD/THB and USD/MXN. And again, please bear in mind that all past results are not an indicator for future performance. This table provides a quick reference to the key types of forex fees on PrimeXBT and their typical rates.

Changelly foresees a $10 milestone for POL ex MATIC

Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to. These features make spot trading on PrimeXBT both user friendly and efficient, allowing traders to make well informed decisions and manage their portfolios effectively. Withdrawals are checked by hand once a day for more safety. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Cardano has the potential for long term growth and adoption because to its distinctive features, scientific methodology, and dedication to scalability and sustainability. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. This can guard against fake credentials and improve hiring process confidence. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. This means you’re much less likely to miss out on investment opportunities when they arise. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. The best coin for margin trading pretty much depends on your experience level and trading plan. Cryptocurrency trading can be risky without paying attention to the trend, stop losses, and other important technical factors. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. Passwords are protected with bcrypt hashing; sensitive data is encrypted. It mainly accepts cryptocurrency deposits but has a four tier referral program and the Covesting module. Many users love the platform for its variety of trading options and reliable legal regulations. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. 👔 LinkedIn: Network and stay connected with PrimeXBT on LinkedIn. The broker benefits from the transaction by charging you interest. They’re super friendly, available 24/7, and always help me work through any problems. Bitcoin exchanges offer secure gateways to buy Bitcoin. Bitcoin represents a decentralized financial innovation with the potential to supplant traditional fiat currencies worldwide. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Oftentimes these scams can be quite believable, so we recommend caution. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Minimal fees are also applied when withdrawing to a bank account or using a locally supported method. Average commission compared to competitors.

System requirements

🚀 Dive into our detailed exploration to uncover how PrimeXBT works, its award winning features, and why it’s a global favorite for traders of all stripes. PrimeXBT is a sophisticated online trading platform that offers a range of financial instruments across multiple asset classes such as cryptocurrencies, forex foreign exchange, commodities, and stock indices. Day trading is quite fast paced as trades are held for minutes or hours, which requires active trade management or strict risk management rules. Wide range of tradable assets. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U. Customers really like PrimeXBT for its customer service and the wide variety of assets available. Crypto Deposits: PrimeXBT offers free crypto deposits. PrimeXBT regularly shares bonus codes and special offers on its social media platforms, including Twitter/X, Instagram, Facebook, Telegram, and popular trading forums. We personally contact support using all available methods and present hypothetical problems that users might face. Pro Tip ✔️: Use a block explorer to monitor the confirmations. Cardano potential is still extremely high, if not higher than before, making future Cardano’s price horizon seem very promising. PrimeXBT is quite transparent with its fees. Imagine investing $100 in Ethereum back in 2013 when it was a mere $0. 📊💼 Diversify and optimize your investments with PrimeXBT. We discuss its features, fees, security, and performance, enabling potential users to understand it better by evaluating its pros and cons, user experience, and unique offerings like crypto futures, leveraged trading, and copy trading. With PrimeXBT, it is a simple 2 step process. For cryptocurrency deposits, PrimeXBT does not strictly enforce a minimum deposit amount. Thank you for choosing PrimeXBT. This gives users the confidence to understand the market and the platform before diving into live trading. Location wise they seem to target Latin American traders as their website can also be viewed in Spanish and Portuguese. There is no general limit.

Meta

We work with top providers like Fireblocks for cold storage, as well as insuring your funds. If the app is unavailable in your region, you can still access it through direct download from our site. The entities trade huge positions of currency every day, facilitating cross border transactions for clients. These benefits make the referral program a valuable addition to your trading strategy, offering rewards beyond your own trades. It has a user friendly interface that makes trading smooth and easy. Click Download and confirm the file download if you see a warning. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. MultiversX Elrond EGLD. In the following sections, we will dive deeper into each type of fee, explaining how they are calculated and providing examples to illustrate the costs. Trade Crypto Futures Contracts incl. Not attempt to modify, copy, or reverse engineer any computer programs used for delivering the Services or operating the Website beyond their intended use.

Up to $7000 Tradable Bonus on your First Deposit💰

While depositing crypto directly incurs no charges, purchasing crypto through these providers does entail a fee. However, the simplicity of the process and the direct purchase options raise questions about security and the platform’s adequacy for all trader types. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. Features like copy trading and stop loss orders make trading easier for everyone. By batching transactions together, the platform effectively reduces the cost per transaction on the network, benefiting users by lowering their withdrawal fees. By Matthew Hayward, Senior Market Analyst at PrimeXBT. This decline could be a key reason why the “greater” returns many traders and analysts anticipated for October have not materialised as of yet. 08%, and Ether fell by 30.

Disclaimer

We’re glad you think it’s cool—happy trading. PrimeBit is one of the newest market players, established in April 2019. Gox and was a co founder of another altcoin, Ripple. Scan this code to download app. 🌐 In the cryptocurrency market, this entails utilizing algorithms to analyze market data, spot trading opportunities, and execute trades at speeds and frequencies beyond human capability. I tested both versions and found that they offered a smooth trading experience without any significant compromises. This review will dig deeper into the BTCC’s key features, fees, and pros and cons to help you decide if it’s the right platform for your trading needs. PrimeXBT offers a user friendly platform catering to both seasoned traders and newcomers. Its broad asset diversity attracts both new and experienced traders. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. As a derivatives trading platform, PrimeXBT does not offer any spot markets. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. Secure, offline storage. This article will cover the latest news and predictions about where Bitcoin’s price is going, and how traders can capitalise on the market with PrimeXBT. PrimeXBT offers Filipino users a variety of convenient payment methods including major credit cards, bank transfers, and several popular e wallets. Your trading account balance – used up margin falls below a certain threshold, in which case you’ll be asked to deposit additional funds if you want to keep your trades open. These products are not suitable for all investors. Day traders benefit from lowtrading fees, while swing and long term traders take advantage of the reducedovernight financing fees to hold positions cost efficiently. Learn more about Baksta’s Legal Terms. These services are governed by the legal terms and conditions of PXBT. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. We understand the importance of regulations, both national and international, to securing the safety of our clients’ financial activities. Is PrimeXBT still the platform you want considering these costs.

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Imagine you start with $50 and enter a leveraged long position in the BTC/USDT market with 10x leverage, your position size will be $500. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. 01% per trade, which is competitive compared to other platforms. A trader can analyse the crypto market through technical analysis or fundamental analysis. With this aspect of the PrimeXBT Crypto Futures review in mind, it makes it clear just how user friendly and accessible the platform is. Vincent and the Grenadines. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. By choosing the most cost effective withdrawal method, you can retain more of your funds. He has also made clear statements supporting the adoption of cryptocurrency if re elected, which raises the question: could this lead to greater adoption in the space. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. Main Features of PrimeXBT: Covesting and Copy Trading. Here’s an overview of the different account tiers and their associated benefits. From beginner guides to advanced trading tutorials, there’s something for everyone. The PrimeXBT APK provides fast and reliable trade execution, ensuring you can react to market changes quickly. Remember, margin trading is not suitable for everyone. He’s also been a guest on BBC World, and interviewed by The Guardian and many other publications. This is done for the sake of simplicity. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. With strategies ranging from scalping to range trading, and with a plethora of tools and platforms at their disposal, traders can make informed and knowledgeable trades to achieve their goals. To buy, you place an order on an exchange, where your order will be fulfilled at the market prices. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. The platform’s strong focus on security, user friendly interface, and responsive customer support further enhance its appeal. In 2019, 94% of orders were filled at the quoted price or better, showing the platform’s reliability.

Unlocked: Crypto Handbook!

Announcing the Tower Defense Game Template in the Sandbox. Liquidations are therefore always based on the “real” market price, so to say. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to. Unlimited for verified users. 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. In isolated margin mode, the maintenance margin needed for 100:1 leverage is just 1% away from the price you opened your trade at. It’s why mission is to simplify the way the world does cryptocurrency, and why work to make crypto easy, friendly, and safe for growing community of 2 million users around the world. Investors can trade Ethereum and ERC 20 tokens at speed with minimal slippage, as well as other native cryptocurrencies and tokens on other blockchains including BNB Chain, Optimism, and Polygon. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. Here’s our detailed analysis of the futures trading experience. In 2019, 94% of orders were filled at the quoted price or better, showing the platform’s reliability. Org An Independent Educational Initiative of Bringing Web3 Knowledge to The Masses. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Net expects an average price of $0. However, you need to deposit atleast 0. However, there were a few areas of disappointment. ” using realistic Dogecoin price predictions from experts and technical analysis prediction charts. It also stands out for allowing users to trade various assets, including cryptocurrencies, stocks, commodities, and indices, from a single platform. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. Profit Calculator WidgetCurrency Correlation WidgetPivot Point Calculator WidgetMargin Calculator WidgetPip Calculator WidgetLot Size Calculator WidgetCurrency Forward Calculator Widget. To support their users, they offer 24/7 multilingual support via live chat and email. PrimeXBT has an impenetrable security system that implements all the industry leading features. Scan this code to download app. This is because the actual login page should have a secure padlock in the browser. For all questions, security issues, product related inquiries, and business proposals, please reach us. In the world of Crypto leverage trading and margin trading, you can use two main approaches to capitalise on price movements, long trades and short trades. Since this a bitcoin based platform you need to make a blockchain withdrawal of your coins. However, there is a risk of capital loss associated with trading of all kinds. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange.

What is the minimum deposit for PrimeXBT?

Especially considering how it can connect directly into its futures activity. Scan the QR code with your device’s camera and get APK file. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. The DeFi sector decreased the total value of. Stop losses are perhaps the most effective tool in risk management when trading on leverage. You’ll then receive a confirmation code in your email inbox. PrimeXBT offers competitive fees compared to other trading platforms, making it an attractive option for traders. On the downside, buyers will need to defend the $94 level, as a break below here could spark deeper losses. PrimeXBT’s professional and customizable interface appeals to traders who need advanced tools and a high degree of control over their trading environment. PrimeXBT has never suffered a hack or security breach during its operational history.

Exclusive Crypto Deal List of 2023

If a withdrawal request is submitted before 12:00 UTC, it will be processed the same day. Regulated: FSC of BVI. Demo trading and demo account on PrimeXBT platform is what I like and what , judging by PrimeXBT reviews , many traders like too. Trade 100+ markets like BTCUSD, EURUSD and SP500. At PrimeXBT, we strive to provide the best tools to enhance your trading experience. And since Bitcoin’s price is likewise predicted to keep reaching new heights, Dogecoin will no doubt follow suit. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. If the app is unavailable in your region, you can still access it through direct download from our site. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa.