🌟 Discover PrimeXBT FAQs! 🌐

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. The account setup process involves providing basic information, completing the KYC know your customer verification, and depositing funds into your account. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. Below is a table to compare the available methods. Traders can also link their Metamask wallets to make crypto deposits. Start trading smarter today. Key sources include the official website, especially for new user sign up bonuses, and email newsletters, which often offer exclusive promotions. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. I opened this long position with a tight stop loss. Not even profits from trading. You can find out more about them in our Gate. These services are governed by the legal terms and conditions of PXBT. Trade fees on Covesting Strategy accounts depend on currency Followers’ Equity of a Strategy, as explained here. Of course, luck can also play a role. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. For the Pros 👨‍💻: You can enable « one click » ordering if time is of the essence with the trade. 💼 CFD trading, also known as contract for difference trading, lets you trade derivatives without owning the actual assets. Buying Bitcoin has never been so simple. It simplifies the onboarding process by offering all trading options under one account, eliminating the need for separate Forex, crypto, and commodities accounts. Step 5: Monitor the Transaction. Another factor that affects Dogecoin, and can limit its price from reaching new heights, is a lack of personal evaluation of risk tolerance. This will enable projects to interact with such examples as stock prices, football scores, weather, etc. Staying informed about market trends and news is crucial for making informed trading decisions on PrimeXBT. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. These steps are key for a safe and trusted trading place, important for both new and experienced traders. 14 ETH/200, USDC or equivalent in BTC on your deposit. Channels for Customer Support. Risk management is important in leverage trading. However, PrimeXBT pulls away from its competitors in the cryptocurrency exchange industry through its range of CFDs extending beyond cryptos.

Contact Information

The design of PrimeXBT’s platform is sleek and minimalistic. Its Covesting module, which shows top traders, their funds, and returns, allows anyone to invest in other traders and start an investment fund. Experience competitive spread fees starting at 0. Futures are high profit and high risk, while Options are less risky but still provide much profit opportunity or the chance to hedge spot positions. También existe la posibilidad de copiar operaciones, que es una gran opción para los ingresos pasivos. You also get full account management functionality in the palm of your hand. Returns or profits may be subject to capital gains tax. To ensure secure processing of withdrawals, payments are made daily between 12:00 and 14:00 UTC Coordinated Universal Time. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Unlike Bybit, which leverages Tradingview, PrimeXBT developed their own trading technology and interface that is robust and has plenty of features, with over 50 tools and indicators available for traders to access. At PrimeXBT, we’ve always been committed to putting our clients’ needs and safety first.

Official Social Communities

217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Returns or profits may be subject to capital gains tax. To verify your account, just click on ‘Settings’ from the Account dropdown menu. 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. To claim this bonus, follow these simple steps. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. Here we’ll focus on how crypto futures trading works for perpetual futures, as these are the types of futures contracts traded on the PrimeXBT exchange. Golden Cross took place right after the January 14 top. Before making financial investment decisions, do consult your financial advisor. Scan the QR code with your device’s camera and get APK file. The team conducts periodical stress tests and security audits to ensure compliance with the strictest security standards in the industry. It is more about finding out what suits you, and when. PrimeXBT positions itself as a platform that offers advanced security and copy trading, among other features. Users can hedge against other positions and risks and speculate on different markets and sectors. Finance Magnates CY Limited. Scan this code to download app. Placing trades on PrimeXBT is simple, with an easy to use order form. PrimeXBT is a unique crypto exchange with a wide range of financial assets. The sensitivity of regulators to the market will vary greatly PrimeXBT Promo-Code erhalten from country to country, so as stocks go it is going to be difficult to gauge exactly when they will get involved. Order blocks in Forex trading are like signals that reveal where the big players have made their moves.

SEC Appeal, BTC Spot ETF Outflows, and Fed Rate Cut Bets – This Week in Crypto

Trading involves risk. While this may seem like a tool for users who do not know how to trade, experts can use it to improve their accuracy by studying the trading patterns of successful peers. Commodity trading has no trading fees either, but will charge spreads and financing fees. Users can deposit, withdraw, exchange, and transfer Crypto. You can open a demo account in PrimeXBT only if you participate in the traders’ tournament. 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. Se você tiver alguma dúvida ou precisar de mais assistência, sinta se à vontade para entrar em contato. They don’t trust a third party with their personal info. So based on that, you can choose anyone from the above mentioned best crypto trading platforms that fit your criteria and necessities. The website products and services are provided by PrimeXBT Trading Services LLC. PrimeXBT offers over 50 ways to trade with up to 1000x leverage. PrimeXBT has investigated the markets and found some relevant data about BTC/USD that we would like to share with you. Today’s copytraders scan through individual traders’ profiles and see their investments in real time. Hedging with futures is a strategic approach to protect your investments from unwanted price movements. The platform offers its diverse customer base cutting edge products and professional trading conditions.

Restricted Jurisdictions

Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. Low trading fees, were very affordable. Crypto exchanges where left venerable, as were their clients and we saw many instances where people lost funds. Prime XBT vs Bybit – Which is Better for Trading. With a 24h derivatives trading volume of around $800 million, Deribit is one of the most popular cryptocurrency exchanges for leveraged trading. You can earn up to 75% of the profits of those whose trades you copy. A trading fee is incurred any time a position is opened or closed as a percentage of the transaction amount as shown below. Users can also register for a new account or do a password reset. However, it has become standard on most trading platforms. Traders give the platform’s dark theme positive reviews, especially for late night trading sessions, highlighting PrimeXBT’s attention to aesthetic detail. Trading or adjusting your positions are really easy and intuitive. Information regarding past performance is not a reliable indicator of future performance. The contract must be settled by the time the contract expires on a date set in the future.

EA Builders

All investment products available on this platform are as follows. 26% taker fees at the entry level which is not quite as competitive as the fee schedule for PrimeXBT which uses a flat fee schedule. If you are still concerned, you can always make use of our other reviews to find higher quality customer support teams. The platform charges a trade fee for entering a position, and the platform charges overnight fees for financing a position overnight. Many traders are actively seeking alternatives to platforms such as BitMEX and Bybit. Among the most commonly used orders are limit orders and market orders. For instance, closing positions before the end of the trading day can avoid these fees altogether. We are here to become a 1 Bitcoin based platform for multi asset trading with leverage, and our clients feedback is the most important to us. Customer support is available 24/7 through live chat and email. Share your link on social media and elsewhere on the internet. 🌟 At PrimeXBT, crypto enthusiasts can snap up their favorite digital assets using MasterCard, Visa, and other convenient payment options. 15€ in BTC are waiting for you. Engaging in Bitcoin trading means buying and selling the digital currency through an exchange or predicting its price fluctuations using a CFD trading account. This rate is relatively low compared to industry standards, making it cost effective for traders, especially those executing large volumes of trades. It takes just a few minutes to get started. Scan the QR code with your device’s camera and get APK file. For instance, if you want a BTC futures contract using isolated margin, then it is capped at x100. And for those clients who want to improve the cybersecurity of their investments, the platform offers several solutions. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Forex Trader to Follow on InstagramForex Traders to Follow on YoutubeForex Traders to Follow. PrimeXBT Opening account and deposit.

My Key Takeaways After Testing PrimeXBT Desktop

Trade 100+ markets like EUR/USD and SP500. Since its inception, PrimeXBT has focused on offering advanced trading solutions with a particular emphasis on high leverage, allowing traders to maximize their potential returns. Read next: Best exchanges to research in 2024. This protocol allows for faster transaction confirmations, typically taking only 3 5 seconds. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. With no minimum deposit, copy trading features and low commissions, the broker remains a popular option among crypto trading novices. Uniswap is the largest decentralized exchange, boasting a total value locked TVL of more than $4 billion. Returns or profits may be subject to capital gains tax. Technical analysis is based on the theory that history will repeat itself in terms of prices and the market trend. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. To create a PrimeXBT account, visit the PrimeXBT website, click on the “Sign Up” button, provide your email address, create a password, and agree to the terms and conditions. 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. For Followers, it’s an opportunity to automatically replicate successful trades, unlocking passive profit potential without actively participating in the market. Help – to streamline the support process and offer additional ways for PrimeXBT clients to contact our friendly customer service staff, we’ve added a shortcut to the PrimeXBT Support Bot. Some key features of PrimeXBT include. 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. You should only “HODL” with money you’re prepared to lose. Switching markets and searching trading pairs on PrimeXBT is straightforward. Educational Purpose Only: The materials provided by EA Trading Academy, including all videos, are intended solely for educational and informational purposes and are not to be interpreted as trading advice. For most traders, this means a very nominal fee for any position. 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. 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. PrimeXBT places paramount importance on user security and data integrity within the cryptocurrency community. 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. Fast execution times and high leverage rates help give PrimeXBT an advantage, though its customer support could be improved. It involves analysing the patterns and trends over time to help you understand when to enter or exit a position.

Copy Trading fees

Prime XBT Trading Services, S. PrimeXBT weekly crypto competition brings a possibility for the traders to participate and win a prize for being at the top in the list. Anyone can write a Trustpilot review. Our clients love how fast and simple our sign up is. We look forward to continuing to support your trading journey. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Fiat money payments will trigger KYC requirements. Even beginners can open an account and load it with Bitcoin BTC or other crypto assets in minutes. Dear Diego,Thank you for sharing your insights. 01% for makers when you provide liquidity with your order. Social media platforms offer a powerful avenue for promoting your PrimeXBT referral link. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. I also tested the fiat withdrawal process, using Volet. Despite this, I am pleased with the trading conditions on offer. However, since Bitcoin is a speculative asset, it is best to trade Bitcoin with small amounts of capital to grow profits at a faster pace and earn during downtrends. The platform offers a plethora of technical indicators, as well as several different charting styles. 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. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners.

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In 2017, it was established as a subsidiary of OKCoin. Non custodial wallets do not require KYC because they do not manage your funds or handle transactions. Returns or profits may be subject to capital gains tax. Correlation Trading 🤓️: Given that you can trade crypto as well as these more traditional assets, it means that you can also structure more bespoke and exotic trades and search for correlations between the likes of the Dow Jones vs Bitcoin and compare it to Gold’s performance and more. If you forget your password, use the “Forgot Password” link on the login page to reset it. Select the destination where to send your Deposit to. PrimeXBT takes pride in offering this feature as part of its unique selling proposition. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. However, there’s also the daily funding rate that you have to consider since this is leveraged trading. Due to the nonexistence of additional fees, traders experience comfortable trading conditions. Trade Crypto Futures Contracts incl. This necessitates effective risk management, especially for inexperienced traders, emphasizing the need for caution and responsibility when dealing with crypto futures. However, standard trading fees and other applicable charges as per PrimeXBT’s terms apply when you trade.

? BYDFI Up to $8000+ in Deposit Rewards ? No KYC Required

Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. The platform caters to a diverse audience, ranging from novice traders to seasoned veterans. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Prime Technology Ltd is PrimeXBT’s Technology Provider. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Enjoy fee free deposits and CFD trades. If Bitcoin’s price then rose 10%, you would earn a $10,000 return on the original investment. If the issue persists, contact customer support with the transaction details for further investigation. If the app is unavailable in your region, you can still access it through direct download from our site. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. The PrimeXBT team has also made bold claims about their copy trading feature. These products are not suitable for all investors. The number one most important factor when selecting an exchange is reputation. ====>>> Visit PrimeXBT.

Unlocked: Crypto Handbook!

However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. Several other sections within the PrimeXBT account menu have been completely redeveloped to support the new currencies and have been given a fresh visual overhaul. Of course, as with any investment, there are risks, but with the right strategies and a careful attitude, this method can be profitable. This could be ideal for those who like to trade with technical analysis. In addition, PrimeXBT offers market price charts for a variety of different assets, including cryptocurrency, forex, index, and commodity. This means that all communication that you send the exchange will be encrypted and make it hard for any malicious actors to intercept it. Our user friendly platform features advanced charts and tools, to help you make informed trading decisions. Your feedback is invaluable as we strive to continually improve our platform and services. Copytrading service deserves special attention. 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. Suppose you are planning to execute many trades. Best regards,The PrimeXBT Team. While traders should be mindful of the risks associated with high leverage, PrimeXBT’s comprehensive offerings and positive user feedback make it a compelling choice for those looking to trade across global markets. Already have an account. When it comes to the charges, the platform has a 0. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Competitive Advantages. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. PrimeXBT does not accept customers from countries such as: Japan, Canada, Cuba, United States, Israel, New Zealand, Syria, Iran, North Korea, Sudan, American Samoa, Russia, Myanmar, Outer Small Islands of the United States, St.

Worse

However, there is no telephone or offline support which may be frustrating if you have a complex issue. USD will be pre selected. This is similar to the broader cryptocurrency market that has been shrouded with a lot of negativity, given that it is yet to be regulated on a comprehensive scale. When using live chat, I usually received a response within 2 minutes. Best Platform for Margin Trading. Active users across the world. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. Design is average, classic dark theme, I’d like to see some more color tho. Below is a table to compare the available methods. Start buying Crypto or trading Crypto Futures, CFDs, and more today. While PrimeXBT is not regulated or licensed, it has a positive reputation and a long history of satisfied traders. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. As you can see, using margin can be a helpful tool, but it also can be very destructive if not used properly, and with a stringent money management plan. In addition,the exclusive Copy Trading module lets traders easily mirror the portfoliomoves of top performing Strategy Providers to earn passive income from cryptowithout hands on experience. Users had to log into Uniswap, connect the same Ethereum wallet, and pay ETH gas fees for fuel for the transactions to access the UNI contract and claim their free crypto. Is $%’s exchange token. This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions. Getting started with crypto can be hard. Spot exchanges offer basic buy and sell orders for crypto assets like Bitcoin. These products are not suitable for all investors. This transparency allows users to make informed trading decisions, about which traders to follow. 📈✨ Enjoy features like portfolio diversification, hedging, leveraged trading, and copy trading options. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. Scan the QR code with your device’s camera and get APK file. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income. 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. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies.