KYC?

Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. You can do it by simply clicking on the Buy Bitcoin button as shown above. Licenced in Seychelles. Managing risk is your top priority when trading Forex, or any other financial market for that matter. They have also designed this platform around “widgets”. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Day Trading Platforms. The Zengo team places a great deal of emphasis on security and privacy. Charts allow traders to perform technical analysis to identify entry and exit points.

◾️How fast is my withdrawal processed?

Thank you for choosing PrimeXBT and for your constructive feedback. For our trading test, we thoroughly evaluated the PrimeXBT platform. Covesting is an innovative copy trading platform that pursuant to a white label licensing agreement, brings together PrimeXBT and Europe based fintech software developer, Covesting, which helps connect traders with followers, enabling them to profit from one another synergistically. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The platform supports trading across multiple asset classes, such as stocks, indices, commodities, and forex pairs. Amazon has come a long way since its humble beginnings as an online bookstore back in 1994, and an IPO. In reality, it is only dangerous when used improperly. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. No incidents reported. Fabletics Affiliate Program. These include ADA/BTC, DOT/BTC, EOS/BTC, ETH/BTC, LTC/BTC, and XRP/BTC. PrimeXBT is quite transparent with its 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. Leverage creates additional risk and loss exposure. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better.

Why copy trade with PrimeXBT

Financial expert and analyst at Traders Union. PrimeXBT stands out for its diverse trading instruments, allowing users to trade not only cryptocurrencies but also forex, commodities, and indices. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. PrimeXBT agrees to provide services subject to the client not being a user or a resident of a restricted country, which includes. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. In order for this to work, the broker requires small collateral for the loan, which can be as low as 1% of the position size in case of a 100:1 leverage ratio. Es fácil de usar, seguro y ofrece una amplia gama de opciones para que pueda tomar decisiones informadas sobre mis finanzas. For example, the minimum deposit for Bitcoin could be 0. As a respected cryptocurrency exchange, Bybit combines P2P dowiedz się więcej trading with essential features like multiple withdrawal methods. We’d also like to mention at this point that PrimeXBT is regulated by. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. However, crypto futures typically have shorter time frames, which may not suit traders who prefer longer term investment strategies.

How to get listed on PrimeXBT?

BTC dominance rose to 70% as a flight to safety within the crypto sphere was seen. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. The Covesting module, in particular, is often highlighted as a valuable feature that allows users to follow and replicate the trades of successful traders, making it an attractive option for both beginners and experienced traders alike. Virgin Islands, the United States Minor Outlying Islands, American Samoa, the Northern Mariana Islands, as well as Russia, Myanmar, and Saint Lucia. Over the last few years,. If any user is selected but fails to meet all requirements, the prize will be forfeited to another lucky user. However, we encourage you to consult with a qualified financial advisor before making any investment decisions based on the educational information you find here. From there, you can decide to sell it and take the profit. Once bought, tokens swiftly land in your personal wallet for safekeeping. You can deposit Crypto including Bitcoin BTC, Ethereum ETH, Tether USDT and USD Coin USDC. They are really smaller than many. Upload your document make sure you upload both sides of the document where applicable, and that they are clear and fully visible. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. To manage risk effectively when short selling on PrimeXBT, set stop loss orders to limit potential losses, determine appropriate position sizes based on your risk tolerance and account balance, diversify your trading portfolio, use leverage responsibly, and evaluate the risk reward ratio of each trade to ensure potential returns justify the risk taken. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. These tools help traders improve their skills and solve problems fast. Bitpanda is a cryptocurrency broker based in Austria that launched its service in and offers individuals to buy and sell more than 81 cryptocurrencies. However, insurance coverage is still rare within the crypto industry. If there is a case where a trader exhausts their equity and the value of their account falls below a certain level, they will get what is termed a “Margin Call”. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. What I love about PrimeXBT is that it is very user friendly, effecient and has a simple contemporary trading platform of cryptocurrency. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. It allows use of different order types and also provides advanced charting tools with technical indicators. Learn more about Baksta’s Legal Terms.

Can I use leverage or margin trading on PrimeXBT?

Returns or profits may be subject to capital gains tax. Last but not least, make sure you look into PrimeXBT’s policy on explicit, religious, and political content. It maintains an active community across social channels and runs community events, which positions it as a more community centric platform. Our 24/7 support team here to help. Transfer the whole amount or part of it to any of your trading accounts at any time by clicking ‘Redeem Rewards’. The two assets also aim for an entirely different use case, or at least Ripple seeks to use XRP to disrupt a very different market that Bitcoin would be utilized for. Anonymous accounts can deposit up to $2,000 with fiat payment methods – such as a debit/credit card. These are supported on both iOS and Android devices. The PrimeXBT registration and PrimeXBT verification make sure your trading is safe and follows the rules. The Orders Widget reflects all details about your active orders and allows you to manage these orders. Users can also advertise their own strategy for others to subscribe to with this feature. 🌟 Hey there, curious investor. The fees may have different structure. When customers navigate to the copy trading area of the platform they will be presented with a long list of traders, their trading performance for the past 24 hours, and their longer term performance. 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. For US residents, ProBit does not specifically state services are restricted for US investors however, some products may be unavailable. Cosmos Hub proof of stake blockchain began in 2014 when developers Ethan Buchman and Jae Kwon created Tendermint, the consensus algorithm that serves as the backbone to the Cosmos network. Social trading emphasizes learning and collaboration, while copy trading focuses on copying the actions of successful traders directly. In order for withdrawals to be processed with fewer restrictions such as daily limits, you may need to verify your account. The platform offers Crypto Address Whitelisting, allowing you to designate specific withdrawal addresses for added security. Date of experience: July 25, 2024.

Risk warning

Prime XBT charges a flat trading fee of 0. For more information, see the developer’s privacy policy. PrimeXBT has established itself as a premier platform for crypto futures trading, offering traders a comprehensive suite of features to navigate the dynamic cryptocurrency market. Both assets have a hard capped supply that gives the assets a scarcity aspect that is similar to precious metals. I reading a lot about this company before open account🧐Services and tools used by this broker of high quality and proven among traders. Our analysis also didn’t find any glaring red flags and appreciate Bybit’s dedication to security. The online platform has plenty of technical analysis tools to use to trade this market. When looking at the recently daily chart for ADA coin on the PrimeXBT platform, you can see that the 50 Day EMA is currently hanging around the current price here. Unlike some of the most common crypto, Lumens cannot be mined. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the «My Strategies» area of the platform. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. We’re glad you’re enjoying the platform. Here is a look at the Bybit trading interface. Our website uses cookies. Essentially, being human is one difficulty for Day Traders as they are not machines, or robots, and will be influenced by factors outside of normal market indicators. The Strategy’s five star rating reflects its consistent reliability and investor satisfaction. Users must deposit at least $10 to trade CDFs on Indices. Typically, users can deposit cryptocurrencies directly into their PrimeXBT wallets. As a new Member of the Financial Commission, we’re excited to give our clients even more security, oversight, protection, and peace of mind. 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. 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.

About PrimeXBT

A pump and dump is a scheme that new Crypto traders must avoid at all costs. For more information, see the developer’s privacy policy. However, PrimeXBT is mentioned to have a regulatory acknowledgement in Cyprus, which might cater to users favoring a degree of regulatory oversight. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. Even if you prefer not to download a mobile application, keep in mind that we offer a superb mobile version of the platform. Visit our Help Centre. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. There are also a plethora of technical studies and indicators that can be used. In terms of security, PrimeXBT takes extensive measures to protect customer funds, including keeping most funds in cold storage offline, using multi signature access, and conducting regular security audits. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. Crypto futures are contracts that let you buy or sell a cryptocurrency at a predetermined price on a specific future date. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. However, the absence of custom price alerts was a notable drawback. They seemingly receive salary not for no reason, lol, sometimes, there are platform where support guys receive money for nothing. While this exchange won’t be for everyone as you’ll need a firm understanding of leverage and risk before you start playing around with contracts, it’s an excellent option for those looking for more advanced investment opportunities as many services like these are often restricted in countries like the US, UK, Canada and Australia. When you are trading Forex, you will need to choose a currency pair to focus on. Primexbt 50 bonus, primexbt bonus 50 and primexbt 35 bonus. The NASDAQ, a frequently repeated name when it comes to investing, is something that is often misunderstood. Additionally, you can choose to receive email notifications for logins and liquidations. Forex Trader to Follow on InstagramForex Traders to Follow on YoutubeForex Traders to Follow.

Quick Links

PrimeXBT is an award winning trading platform offering Bitcoin, Ripple, Ethereum, EOS, and Litecoin in addition to traditional assets like stock indices, commodities, forex, and more. This has traditionally been missing from most of the cryptocurrency exchanges, as they are solely dedicated to digital currencies. If activating multiple promo types, it is also important to note that: – only 1 Reward promo type may be active at a time – multiple active Trade Fee discount promo types are NOT additive; only the highest active trade fee discount will be in effect at any given time If attempting to activate 2 campaigns of the same type, a notification window will pop up. It’s imperative to conduct thorough research, understand the inherent risks involved, and only invest capital you can afford to lose. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. PrimeXBT’s commitment to customer support and education ensures that users have access to the resources they need to succeed in trading. The platform boasts a user friendly interface with low fees, advanced trading tools, and a streamlined registration procedure. Com is a very affordable card to use. PrimeXBT’s focus on direct support and comprehensive guides ensures that users can quickly find answers and resolve issues. Especially if you favour longer term strategies where you often hold positions open overnight. This could be ideal for those who like to trade with technical analysis. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. Below is an in depth Fees and Spreads review regarding this regulated Forex Company, which will assist traders and allow traders to invest in their currency. For more information, please see our Cookie Notice and our Privacy Policy. While this aligns with the platform’s focus on digital assets, it may pose a challenge for some forex traders accustomed to fiat based transactions. 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. The Stellar blockchain is very cheap to use. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. 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. If don’t have crypto to fund your account, head over to Changelly, click the “Buy” tab, and follow the on screen instructions to purchase your desired cryptocurrency using fiat money. Trading or adjusting your positions are really easy and intuitive. Coinpedia has a much more balanced outlook for the Polkadot price prediction over the next few years. $67,000/200 = $335 0,005 BTC. This all in one trading interface provides the ability for users to manage a diversified portfolio. Read our latest and most popular featured articles. These are the project’s quantitative metrics of its official X account that can be used to trace regular or artificial Social activity and growth within the project. It goes against our guidelines to offer incentives for reviews. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. This includes technical analysis, market sentiment indicators, and economic news updates that could affect the index. If you have specific tools or features in mind, please let us know at.

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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. This is because both futures and stock markets are centrally controlled, via an exchange. Alternatively, traders can also engage with the global markets for commodities. Specialisation builds authority. 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. Anyway, it is not a biggie. The UI/UX for both platforms is great, and both platforms have highly rated apps, with the PrimeXBT app even winning an award for best crypto trading app. And it doesn’t matter if you are working with a person or a company. Com shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it. For example, Bitcoin takes as much as 10 minutes to confirm a transaction, while confirmations using Ripple and XRP take as little as 3 5 seconds. The total Tether Gold supply is currently valued at $82. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. ” community for WTFing TradingView. 01% on crypto futures. Current Bonus Plan: When you first register at PrimeXBT and make your deposit, enter the code CRYPTONEWS7000 to get your bonus as a reward in your trading account, equal to your deposit up to a maximum of $7000. We’re glad that our platform allows you to take advantage of even the smallest price movements, making it possible to be more agile and precise in your trading decisions. Its strategy and direction are talked about openly on platforms such as Keybase, GitHub, Twitter, Mastodon, YouTube, Forum, Freenode IRC, Reddit, Matrix, and Telegram. Danish is a seasonal writer with more than six years of technical writing experience. Since the amount of deposit bonus you receive is directly proportional to the amount of Bitcoin you deposit on PrimeXBT, you can get more bonus by depositing more. PrimeXBT is no exception. 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. Let’s face it, we all like technical analysis. Note that in the terms and conditions, it is clearly stated that the company does reserve the right at any time to conduct a verification of a client’s identity or source of funds. Pro Tip ✔️: Use a block explorer to monitor the confirmations.

Disclaimer

While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. For instance, BTC withdrawals are pegged at a static 0. Have you used PrimeXBT before. In the period of 2017 2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. Here’s a clear breakdown of all PrimeXBT fees and commissions. Aside from being able to trade multiple asset classes on a high performance trading engine and interface, being able to compete in trading contests without risking your own capital is an awesome feature which I am sure will only increase the popularity of the platform. It’s a great way to get experience without investing real money and risking financial loss. The market cycle can be classified into four phases: accumulation, markup, distribution and decline, as seen below. High Risk Warning: Trading in foreign exchange and other financial instruments is inherently high risk and may not be appropriate for all investors.

Worse

Switchere is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 10 cryptocurrencies. Com not there now, when I refused to pay anymore money into their scam I became a target of bitcoin360ai and I assume they are the same ppl, even had death threats from them. The fees for withdrawals are as follows. Don’t miss this limited time deal that’s only available for our readers. Simply navigate to the BTC/USD pair and click “Trade. PrimeXBT promo codes can be acquired through several methods. Vincent and the Grenadines as an operating subsidiary within the PrimeXBT group of companies. For example, here are the base margin requirements and resulting leverage for a few of the 41 available cryptocurrency pairs. PrimeXBT was founded and registered in Seychelles in 2018 under the holding company name PrimeXBT trading services 148707. Bitcoin represents a decentralized financial innovation with the potential to supplant traditional fiat currencies worldwide. In order to make any movements from the cold wallet to the hot wallet, they make use of multi signature access that needs to be executed by multiple employees. 05%, which is low in comparison with other exchanges. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The option to change the candlestick chart and turn it into a line bar graph is at the left. The products and services featured within PrimeXBT web and mobile apps are provided by different entities, registered and/or regulated in various jurisdictions. PrimeXBT has a refreshing approach to fees in terms of simplicity, keeping things easy. Kevin is an established copywriter, content writer, and a seasoned investor and trader with a robust background in Business Finance. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Dear Rafael,It’s good to hear that during these uncertain times, PrimeXBT has been a reliable platform for you. You are solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdictions in which You may be liable to pay tax. Copy Wallet Address. “We reserve the right at any time to conduct a verification of a client’s identity or source of funds, known as Customer Due Diligence CDD, to ensure that PrimeXBT services are not abused and the user does not violate AML requirements. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. When we reached out, both Garret and Anthony below were free, and they got back to us almost immediately. Deposits of digital currencies from an external wallet are free. Follow the same steps to trade Forex, Commodities, or Indices. In this strategy, traders aim to trade in the direction of the underlying short term trend.

Important Notice

Overnight fees are a critical consideration for traders who plan to hold positions for more than one day. Once you meet the KYC requirements and AML regulations, your data needs to be secure, safe and the infrastructure holding your information maintained to current best practices. PrimeXBT is an acceptable choice for day traders. Appeared first on Coinpedia Fintech News. In addition to trading fees, PrimeXBT implements overnight financing or swap fees, which apply to positions that are held open overnight. But beyond that, how to know. To start, visit the PrimeXBT website and click on the “Register” button. Additionally, it offers signals for various coins, which is great for portfolio Crypto traders. However, the exchange still has many security features to keep trader accounts and funds safe. We found that there is enough information available for any customer to get their online trading career underway. Check out our full PrimeXBT review to learn if it’s right for you. 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. Amazon has come a long way since its humble beginnings as an online bookstore back in 1994, and an IPO. Bitcoin is the oldest Cryptocurrency and the largest by market cap.