◾️I didn’t receive a withdrawal confirmation email

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. This means that they are kept in a secure offline environment away from an internet connection and the threat of potential hackers. 📸 Instagram: Latest news and updates on PrimeXBT’s Instagram. Overall, I rank PrimeXBT in the middle of the pack. This is important to note since it is wise to choose a trader who has a long, proven track record rather than one who has been on the platform for a few days. I’ve signed up for plenty of exchanges, some for the purpose of my own investing and trading, and others so I can conduct proper reviews. This duration accounts for the necessary security checks and processing time. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. Seek independent advice if you have questions or do not fully understand the risks. Depending on the trading strategy, they may become the most significant fee per trade. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. If the price falls by 10%, you can repurchase it back for $4500 and return it to the exchange. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available. Create your free account or sign in to continue your search. This marks a https://primexbt-company.com/copy-trading/ notable achievement as WEMIX’s inaugural venture into the European market, emphasizing the token’s role in facilitating a range of blockchain based activities, from gaming transactions to decentralized finance DeFi applications. PrimeXBT’s restriction on US traders isn’t arbitrary; it’s about legal compliance. FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY IN ORDER TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. Agents respond within seconds and are fairly knowledgeable.

PrimeXBT Review: Security Measures within PrimeXBT

PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. Warning ⚡️: Trading leveraged futures products is incredibly risky. The most basic form of risk management is done by placing a stop loss order to protect against extreme losses. Trading Bitcoin is a little bit more complex than just clicking the “buy” and “sell” buttons and below you will learn to trade cryptocurrency successfully. New users can also get up to $50k in sign up bonuses when they sign up using our Coin Bureau link. Hello Roze,Thank you for your wonderful feedback. The EUR/USD pair is a popular currency pair to trade in the. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. PrimeXBT clients have access to margin trading leverage, which allows them to increase the volume of transactions at the expense of borrowed capital. It’s like learning from the best. The chart below shows the financing per day on both long and short positions. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Its four star rating could quickly turn into five stars, and you better keep an eye on this one. ” It embodied the playful spirit of the Dogecoin meme token and showed its potential for crowdfunding charitable causes. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. The next section will detail the different deposit methods available on PrimeXBT. 1% of the required capital in order to take out that position. Donations are extremely welcome. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. I like that Prime XBT is easy to use I don’t have to struggle the interface is good and functions well without freezing or taking long to load. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. However, when interest rates are low, cryptocurrencies become an attractive place to park money, which often leads to long lasting bull markets. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. Bybit is a cryptocurrency and derivatives trading exchange with multiple other products and features that launched in 2018.

PrimeXBT Background

However, cryptocurrency trading with PrimeXBT includes a 0. Your suggestion is invaluable, and we’ll certainly consider it as we plan future updates. In April 2021, Coinbase became the largest publicly traded crypto company in the world. It also has credit card and debit card options available as well. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. Best regards,The PrimeXBT Team. A Trading day is a 24 hour period which begins at 00:00 UTC and ends at 23:59:59 UTC. Traders should exercise caution and have a thorough understanding of the risks involved in leveraged trading. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. The growth was fuelled by increased adoption of Layer 2 scaling solutions as Ethereum struggled with congestion and high fees​.

How To Choose The Best Cryptocurrency Trading Platform

Additionally BCS offers members training in the form of articles and videos. The company not only offers transparent cooperation conditions to its customers, but also cares about the safety of their funds and financial transactions. However, for unverified accounts, it does have a 24 hour withdrawal limit of $20,000 or its equivalent in other currencies. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. They will send out an email to the address that you have provided so that you can verify it. PrimeXBT offices are registered in Seychelles and Saint Vincent and Grenadines and this broker does not hold any regulatory licenses. Encryption is used to ensure that user data is securely transmitted and stored. Additionally, the platform provides one click and double click functions which is a feature not typically seen on many exchanges. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. Another thing to consider while trading is protecting the positions with “take profit” and stop loss” orders. However, the market volatility results in a quick drop to the $0. Wallets: Balances in US dollars and Cryptos are viewable on the Main page. There are also custodial trading subaccounts for users who want to entrust their funds to a professional trading team. The entities trade huge positions of currency every day, facilitating cross border transactions for clients. Placing orders on the PrimeXBT iOS app is straightforward and efficient. However, that does not mean that Ethereum can’t still be an excellent investment. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. When the SEC’s X account was allegedly “compromised” and shared that the Bitcoin ETFs where approved a day early, the token surged $1000. The open leveraged position will be visible at the bottom of your trading screen. As a broker primarily geared towards crypto trading, PrimeXBT offers rock bottom BTCUSD spreads and high maximum leverage of 1:200 for crypto. As we know though, the Cryptocurrency market is a bit of a different beast. The support at PrimeXBT is pretty dope. The order form also displays recent trades and order book data. So far my experience has been amazing I’m liking it. Generally, unrealized P/L does not include fees such as commissions or swaps; it only reflects the profit or loss based on price movements.

How to make money on PrimeXBT?

This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Traders can also use leverage of up to 200x, meaning they can get started with a smaller initial deposit. On the platform, you can trade BTC, ETH, XTZ, LTC, XRP, LINK, ONT, BCH, ADA, TRX, and NEO against USDT for free. These promotional offers can significantly move trading and reduce overall trading costs, but it is important to evaluate whether they offer real value. Automated trading can significantly enhance your trading efficiency and reduce the emotional impact of trading decisions. Besides my profit, the exchange charged an extra £29 in fees. However, it’s crucial to remember that this power comes with amplified risks, leverage can also exacerbate losses if the market moves against you. Don’t trade against the trend. You can trade a variety of markets including cryptocurrencies, forex pairs, commodities, and indices. When Bitcoin price crashes, it can get especially violent so investors are encouraged to HODL their rare BTC strong. I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. Go to Settings > Security and enable Install from Unknown Sources if prompted. Taking a closer look at the actual tools that are at your disposal, there are the drawing tools that traders need to map their important levels. Keep more of your profits with low trading fees. At PrimeXBT, a small commission is charged to keep spreads tight. Designed with a research driven approach, Cardano focuses on the sustainability, scalability, and security of decentralized systems. Step 3: Navigating Dual Sign OnUsers face a dual sign on process after setting up an account with Coinify: two separate logins are needed for the same URL — one for PrimeXBT and another for Coinify. Having survived the worst crypto winter on record, PrimeXBTwas prepared for the most recent drawdown and continued along with business asusual. These steps can help resolve most common withdrawal issues, ensuring a smoother process. 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. This adds to the variety of assets available to users. Illicit cryptocurrency transactions totaled $4. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. Using ChatGPT and other AI models, the following Cardano price prediction was created.

Brian Nibley

Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. The launch of local deposit and withdrawal methods, including instant fiat withdrawals, marks an exciting milestone for PrimeXBT in South Africa. If a client makes a request to withdraw funds from a hot wallet, it means that a request is made to an automated system that signs the transaction and gets processed in a queue. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. The tool features a proprietary “risk scoring” system that helps investigators uncover and monitor potentially malicious activities. Io review for contrast. I also tested the fiat withdrawal process, using Volet. The Cardano Foundation is an independent non profit oversight body established in 2016 to act as the custodian for the Cardano network. PrimeXBT’s infrastructure is also designed to handle a high volume of orders per second and extreme loads. Most people copytrading are crypto guys, but there are a those that do CFDs, easy to see, and they are great. These users are made up of skilled traders who enjoy a lucrative 10% of the profit earned by each of their followers, and users who want to copy the trades of skilled traders for some passive income. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. They have also designed this platform around “widgets”. When compared to our Degiro review, our experts found this section of our PrimeXBT review to be lacking. 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.

Initial growth and early adoption

For enhanced security, PrimeXBT reserves the right to manually review a withdrawal request prior to its approval, particularly if it activates a suspicious activity alert. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts. The thing is that prices always differ from one broker to another, because such derivative is a trading instrument provided by the firm, and differently from Futures has no particular exchange. Is a member of NFA and is subject to NFA’s regulatory oversight and examinations. This enables traders to hedge positions, diversify their portfolios, and take advantage of market fluctuations using leverage. Trading fees are a really important consideration as they can directly impact your profitability in the long run. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. The Orders Widget reflects all details about your active orders and allows you to manage these orders. This data is collected but is not associated with your identity and includes. The community is a pillar that supports any new technology. You also have the option to insert a referral code if you were given one more on this later. You must be logged in to post a comment. Still, the platform’s global community grows rapidly, and with it, so do its liquidity, performance, and reputation.

Privacy Overview

In terms of the reviews by other traders, they appear to be quite mixed. 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. 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. We do cover each of these more in depth in our dedicated PrimeXBT review linked at the beginning of this article if you want a more thorough look. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. This comprehensive review process ensures that all transactions on PrimeXBT are secure and legitimate. The copy trading features allow traders to set up and manage a strategy and/or follow another trader’s strategy. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. 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. Our human support team is here to help 24/7, in your language. The candlestick is analysed by its width, length of the wick and colour. During the contest, all trading activities must conform to the platform’s terms of service. Always check the bonus terms before withdrawing funds. Yes, there are withdrawal limits on PrimeXBT, which depend on the user’s account verification level. For example, the trader who buys a stock or commodity at a specific price might be willing to ride the trend for a significant amount of time. Check out these trading options. That’s why we offer robust and comprehensive educational material via our Help Centre, to keep you on top. PrimeXBT boasts a range of security features to provide the safest environment for traders and their funds. This is because the actual login page should have a secure padlock in the browser. If you have any questions or suggestions for improvement, please don’t hesitate to reach out to us via email at. The former is a fee that is charged for entering the position and the latter is for financing the position overnight. Regulated by the authorities in Cyprus. Additionally, withdrawals to a bank card come with a hefty 5% fee. A trade on the GBP/USD CFD contract has a margin requirement of 0. It’s become so profitable, some traders have started taking less positions and have let their commissions become their main source of income. But, the platform focuses on major assets, ensuring trading is liquid and stable. Traders have the option to spread the platform out across more than one screen or can have numerous different markets on a single screen. I determined that PrimeXBT is reasonably safe to trade with due to the following factors. Everyone’s financial situation and risk tolerance are different.

Bitcoin price predictions 2025–2050: third party price target

For traders with a proven track record, becoming a strategy manager can be a great way to earn some extra income as well. Whether you’re a veteran trader or new to the game, knowing the key differences between these platforms will equip you with the right tools to execute your trading strategies, whether you’re scalping, day trading, or swing trading. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. A pending withdrawal can be cancelled at any time before 11:00 UTC. Make purchases at primexbt. As previously mentioned, PrimeXBT offers its services to clients in more than 150 countries. On the other hand, there’s a flat 0. PrimeXBT reserves the right to cancel, revoke, or withdraw the Promo code and/or the Bonus provided by the Promo code and annul all or any portion of profits made when using the Bonus at any time in case of any suspected abuse of Promo codes by a participant, including but not limited to using multiple Promo codes on multiple accounts to mirror trades.

My Key Takeaways After Testing PrimeXBT Desktop

PrimeXBT offers an array of products catering to the needs of novice and seasoned traders. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website. Step 6: Monitoring Contracts. Alternatively, decentralized exchanges are blockchain based programs that allow users to swap cryptocurrencies. The worst performing pair on PrimeXBT is currently FTM/USDT, which saw a 15. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. 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. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Remember, when dealing with any issues you encounter on the PrimeXBT platform, the customer support team is always available to assist you.

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The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. The Android app has earned a user rating of 4. Its almost 2 months of this wiggling around in the 65 71 range. In addition, Fiat wallets allow users to deposit, withdraw, and transfer Fiat currencies. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. Chainlink is primarily built on the Ethereum blockchain. No, bonuses on PrimeXBT cannot be withdrawn. However, the broker does not provide comprehensive market research, and some of its spreads exceed the industry average. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Please ignore this text box Recoleta Font. The trading process can be very emotional if you are simply guessing, so it is important to have a set of rules laid out before you even get involved. If you need any assistance in closing your order or have any questions about other trading strategies, please don’t hesitate to reach out to us at. As far as any breaking news, it should be noted that when new companies are willing to accept Dogecoin, which is substantial, it tends to elevate prices for the short term. That is not a criticism against them, these platforms are not in the niche of providing beginner and user friendly platforms, they are in the business of running advanced crypto trading platforms for serious and experienced traders. Still, I enjoy using it very much. The Earn platform on Bybit is a great place to help users grow their crypto holdings in an easy and secure manner. 8% in the last 24 hours. This would require you to sign up for an account from every single website and app you use. By using tools to draw trendlines or by turning on important indicators, more experienced traders can often accurately predict the next direction the market is going to take.

PrimeXBT Web Trading – Lessons Learned From Google CSG Software

Those with no CET holdings will pay 0. How to Place Your First Margin Trade on PrimeXBT. Hun, never expected to write it, but broker`s support really repliees😅 My question was about their spreads on crypto futures, I got really surprised by instant human answer😯 Exaustively. Copyright © 2025 EA Trading Academy. It can be because there is limited liquidity in the market or it can be because the matching engine at the exchange is not fast enough. Date of experience: November 07, 2024. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. It would not be an exaggeration to say that the Know Your Customer definition refers to one of the biggest regulatory hurdles in the history of crypto exchanges.