PrimeXBT Review 2025

PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. All your trades are non custodial, so Bisq never holds your funds, and all data is transferred using Bisa’s own secure, peer to peer network, built on the Tor network. The size of the swap for long and short trading positions depends on the underlying asset. The EUR/USD pair is a popular currency pair to trade in the. Just that I had to join a contest to have access to the demo account, but it is even better that way. You will be prompted to turn on the front camera on your phone or laptop to take an instant photo a scan of your face. These services are governed by the legal terms and conditions of PXBT. I will take ETH as an example, you can buy any coin with high leverage. Please assume that all external links to third party services are affiliate links. PrimeXBT is a cryptocurrency, forex, stock index, and commodity trading platform where traders can access up to 200x leverage on some crypto pairs and up to 1,000x leverage on some forex pairs. What should traders know about the PrimeXBT account opening process. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. It’s so great for new trader like me. To make a market order, simply press “market”, the leverage has already been set to 100x as default so all you need to do is set the quantity Qty you wish to trade and you’re ready to go. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. Io, a free educational platform. The marketplace offers NFTs with zero fees from the digital art, collectables, GameFi, Metaverse niches, and more. For instance, funding fees for BTC on Binance and Bybit were both 0. Utilize sophisticated trading tools such as leverage trading, stop loss orders, and real time data analytics to improve your trading strategies. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Markets in this article. PrimeXBT has developed a relatively high tech user friendly Turbo platform which is in talks of crypto platforms nowadays.

PrimeXBT Review 2025: Complete Exchange Overview

The file is verified secure by PrimeXBT. If the app is unavailable in your region, you can still access it through direct download from our site. In our opinion, the lack of round the clock withdrawal can create certain inconveniences for clients, and this is a disadvantage of this exchange. 💼 AML Compliance: PrimeXBT follows FATF guidelines, employing Bitfury’s Crystal software for real time blockchain monitoring. If Bitcoin price decreases, then your account loses value accordingly. Investment Fraud Investigation. Dear Mustafa,We’re thrilled to hear that our blog and price prediction tools are valuable resources for managing your trading effectively. Scan this code to download app. Traders from all over the world are allowed to use get more the broker, except the USA and the other countries as stated above. It appears to have a lot of the same functionality that you have on the desktop platform. Volet deposits are free, while Perfect Money charges a 1. We’ve rounded up 15 of the best non KYC crypto exchanges in October 2024. Essentially, the broker lends the trader money so that they can open bigger positions. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. To activate a bonus, log into your PrimeXBT account, go to the “Promo Codes” or “Bonuses” section, and enter the promo code. You also have the option to insert a referral code if you were given one more on this later. Spread capital across different specialties to optimize overall results. Date of experience: 27 April 2024.

Background

There are many cryptocurrencies available. The price of Shiba Inu, like most Cryptocurrencies, is influenced by a range of factors. In order for traders to quickly decide whether to open a long or short trade, the site has an interactive chart for each cryptocurrency futures. What I would like to be improved is the fixed leverage. Something that most traders are no doubt aware of is the risks of “order slippage”. The main trading platform is actually pretty good, with intuitive menus and info that was easy to access, but the downside is that the trading chart itself cannot be made full screen or at least big enough to see the candles properly, without tinkering too much. There are infinite different ways to build a strategy that uses different tools and techniques in different combinations, at different times. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. 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. Starting Price: Available on Request. For example, a 20x leverage means that if you have $1, you can trade up to $20. Yes, the app supports trading of various asset classes, including cryptocurrencies, forex, commodities, and indices. PrimeXBT does not charge a handling fee for deposits; however, third party processing fees may apply, depending on the chosen payment method. If you are looking for a longer term investment, Dogecoin can be an asset you choose to own, but only if you accept that you could lose your entire investment. To resolve withdrawal issues, check the status of your request, verify withdrawal limits, and ensure your account is fully verified. DEXTools Logo / Source: DEXTools TwitterBlue chip cryptocurrency prices are on the front foot on Wednesday as US yields and the US dollar fall and US equity prices rise on a raft of weaker than exp. Effective risk management techniques include setting stop loss limits, diversifying your portfolio, using hedging strategies, regular monitoring, and employing technical analysis. Examples of major Stock exchanges include the New York Stock Exchange NYSE and the NASDAQ.

Services

Still finding PrimeXBT too complicated. In conclusion, it’s crucial to understand the various fees and commissions associated with PrimeXBT to ensure you’re trading cost effectively. This gives the trader the advantage of making money on “borrowed funds”. One of the most attractive features of PrimeXBT is the ability to sign up without KYC or ID verification. Traders may also e mail their questions, and I recommend the Help Center as a first point of contact, as it answers many questions. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. Considering its features and risks, PrimeXBT stands out for experienced traders but may not be the best choice for those new to trading or risk averse individuals. I’ve been using the copy trading module for a while now, and it’s been a game changer for me. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage.

Download PrimeXBT App

This transparency allows users to make informed trading decisions, about which traders to follow. 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. Yes, PrimeXBT provides a demo account feature that allows you to practice trading with virtual funds before risking real money. Tournaments for traders. The user information on who has traded on PrimeXBT is confidential and not publicly disclosed due to privacy and security reasons. The stop loss order is one of the most crucial tools when trading crypto because the market is volatile. Powered by WordPress and Designed by Bizberg Themes. If you have any questions as you begin trading or need further assistance, please don’t hesitate to contact us at. Virtual Assets are high risk products, highly volatile, with fluctuating values. Given the ever increasing news of cryptocurrency exchange hacks, one of the most important considerations for the trader is security. You will need to either add more funds to your balance or close some of your positions. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. 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 PrimeXBT platform, you can either click the market watch window where it says “Trade” next to the price quote or click the “Sell” button at the top of the chart. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. Ripple Labs denies that claim. Immerse yourself in the thrilling journey of cryptocurrency trading with PrimeXBT, where acquiring coins or tokens means securing a slice of digital assets like Bitcoin. By leveraging these resources pun intended and approaching the market with a cautious and informed perspective, you can navigate the exciting realm of Crypto leverage trading with more confidence. To simplify, let’s say that Bitcoin trades at $50,000. Remember, it’s always important to stay updated on tax regulations concerning cryptocurrencies and trading activities in your jurisdiction. Fixed Bonus Promotion Terms and Conditions. Scan the QR code with your device’s camera and get APK file. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Traders can take advantage of bullish and bearish market conditions by going long or short. Bybit claims that 100% of customer funds are kept in a cold storage air gapped environment, and the only funds exposed to hot wallets for customer withdrawals are the company’s own funds. In 2020, a defendant who ran a dark web.

Technical specifications

With a strong background in FinTech and DeFi, he specializes in blockchain technologies and crypto, bringing over four years of insightful analytical content. Step 2: Open Your MetaMask Wallet. Trading the Triple Top candlestick pattern is a great way to profit from market action, while at the same time providing yourself with a higher level of security. If there’s anything else we can do to enhance your experience further, please don’t hesitate to reach out to us via live chat or email at. However, there’s no trace of an order book or market depth, which prevents me from calling them a full on exchange. 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. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. The strategy guarantees the prices of cryptocurrencies between exchanges.

Coin Search

Starting Price: Available on Request. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. This will allow you to earn a commission from referring friends to the platform. Judging from their previous price prediction of $7. Crafting a clear and comprehensive trading plan is crucial for maximising your success and minimising risks. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. When you sign up to buy crypto from most crypto exchanges, you will be asked to go through a crypto KYC process. Up to 100x leverage available. I think this is not suitable. 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. There are 2 types of predictions. Trade Crypto Futures Contracts incl. The products and services featured within PrimeXBT web and mobile apps are provided by different entities, registered and/or regulated in various jurisdictions. 🌟 At PrimeXBT, crypto enthusiasts can snap up their favorite digital assets using MasterCard, Visa, and other convenient payment options. Furthermore, PrimeXBT doesn’t allow transactions in anonymous cryptocurrencies that obfuscate blockchain data. The only item that needs to be added is more transparency about its core management team. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered.

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They only have two types of fees, and these are the trade fee and the overnight fee. ” In the ensuing “New Order” dialog, select “Sell. A partial stop loss order tells the broker to exit a particular portion of the trade once a trigger price has been hit. But then I started to look for additional information about them on the website and understood that it’s a full fledged trading broker where one can even trade crypto futures, lol. Experts predict that Shiba Inu coin price could reach $0. Plutus is a purpose built clever contract development language and execution platform using Haskell’s available programming language. If you want to reduce the risk, you can simply open a smaller position. Explore our detailed guide on connecting to and utilizing the PrimeXBT trading bot via Telegram. It involves analysing prices and volumes to predict future market prices. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Last updated: Wed, 08 Jan 2025 09:34:37 UTC. Once the withdrawal request is canceled, the funds will be returned to your account balance. High Leverage Forex BrokersVolatility 75 Forex BrokersForex Brokers Accepting PayPalTop Volatile Forex PairsBiggest Forex Brokers in the WorldBest Forex Trading StrategiesLow Spread Forex BrokersBest Currencies to tradeWhy Forex Traders lose money. $2,000 by bank card. This is a mechanical way of placing stop losses as it measures volatility through mathematical equations. Scan this code to download app. Understanding these pros and cons is essential for traders to make informed decisions and fully leverage what PrimeXBT has to offer. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. The available options cater to different trading styles and preferences, ensuring that there is something for everyone. 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. With Binance, there are 24 perpetual swaps. The best platform in the world will become the worst one in an instant for someone who has all their funds stolen from the exchange. EToro is a more popular platform, but doesn’t accept cryptocurrency deposits. 05% on crypto, and 0.

Bernd K

PrimeXBT is more of a traditional brokerage that also offers crypto trading, as opposed to Bybit, whose sole focus is crypto trading. That’s how it happened for me. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. The app also supports copy trading and includes a live chat feature for direct communication with customer support. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. So, how do these distinct elements collectively shape the trading experience on PrimeXBT. Trading platforms like PrimeXBT and OKX are all about trading volume. Very High Triple A rating by Certified. The platform provides a variety of free deposit options for both crypto and fiat.

Earn $15 in BTC when you sign up for Gemini and trade!

DOGE suffered a substantial decline, losing more than 90% of its value and dipping below the $0. Many top thinkers of the tech world, including Twitter CEO Jack Dorsey and Apple co founder Steve Wozniak, believe it could replace the dollar as the global reserve currency, or usher in a new digital age of money for the internet. For example, I never set up a watch list but there is loads of stuff on that tab when I log in. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Feel free to contact us if you believe that content is outdated, incomplete, or questionable. Comments: At first, I could understand how to use the analytical tools available on PrimeXBT. The WebTrader is easy to navigate, and even beginner traders can quickly learn where the charts, account info, and watch lists are located. Liquidity risk usually arises when trading with illiquid instruments, such as exotic Forex pairs, exotic cryptocurrencies, or low cap stocks. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. I conducted my testing on 17 December at around 11:58 a. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. 6 USD of reward funds I could not get rid of. You can fund your account in two ways, either through credit/debit cards or Bitcoin transfers. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. The trading interface did not seem as intuitive or familiar, though that could be because I have grown used to crypto exchanges with a TradingView interface. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Some key features of PrimeXBT include. Fees for futures trading are typically higher than spot trading because of the inherent complexities and risks associated with leverage. No single entity, whether a government or a central bank, controls crypto transactions.

Worse

Do not post misleading information. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. It’s ideal for opening, closing, and adjusting positions, as well as placing market, limit, and stop orders while managing trade exposure. The company maintains a relatively low profile regarding its founders and key personnel, which is not uncommon for some trading platforms. 10% of the total exposure of your trade, which is £400. Returns may be subject to tax. As we mentioned previously, Musk has been known to post on Twitter currently X about Doge price and other related opinions/updates. I am not truly excited by the primexbt platform, but it has its own distinctive traits that is a fact. Assessing the underlying network of a token before investing in it allows a trader to understand if there is the potential of their investment growing in the short and long term future. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. Keep reading to find out if it’s the right fit for you. Whether you believe in the Bitcoin story and want to invest in the coin depends on your personal preferences and risk tolerance levels. As you can see, caution is necessary. Purchase crypto with 90+ fiat currencies. While others could follow those people and make the same trades those people do in order to profit. PrimeXBT also has no minimum deposit and withdrawal threshold, but on every withdrawal, it charges a withdrawal fee of 0.