How to Make Profit on PrimeXBT
This gives a leverage ratio of 10:1. Copyright © 2025 EA Trading Academy. 071 USDT in trading fees. 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. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Learn more about Baksta’s Legal Terms. The fee rates can vary based on the currency pair and market conditions. Notably, there are no trust scores from CoinMarketCap and CoinGecko. The first step in your trading career is to open up your first trade. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The Trade Fee is charged every time you open or closed a position: 0. ” – This applies not just to superheroes but to leveraging in trading as well. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. A buy stop order is always placed above the market, and a sell stop order is placed below the market. The PrimeXBT trading platform has plenty of tools available to suit traders of most skill levels. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Once the code is successfully applied, the associated benefits will be credited to the account. High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. These services are governed by the legal terms and conditions of PXBT. PrimeXBT has no minimum deposit as such, you can deposit any amount. Visit PrimeXBT to explore platform’s multiple trading assets, including up to 1000x leverage available for Forex. Proper trading analysis with charting tools can be the difference to being uninformed or trading empowered by data. To celebrate hitting the 10M user milestone, Bybit is waving fees on all spot trading pairs which is pretty sweet. By understanding these aspects, traders can navigate the PrimeXBT platform more effectively and ensure compliance with local regulations. Trade with a Regulated Broker. Historically, Bitcoin and the broader cryptocurrency market have never experienced an extended period of significant uncertainty.
Customer Support
We’re always here to help. The support manager recommended me to go the Analysis page and use the TradingView database. It seems more and more that this app/trading platform intends to take money from the unknowing and unaware and pretend to provide a service of superior quality without the attention to detail. 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. At PrimeXBT, the markets are not just avenues; they’re gateways to a world of financial possibilities. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. There are also a plethora of technical studies and indicators that can be used. This innovative approach enables beginners and those with limited time to leverage the expertise of seasoned traders, enhancing their own trading strategies and potentially increasing their investment returns. Making a Deposit on PrimeXBT with AdvCash. While PrimeXBT is not regulated or licensed, it has a positive reputation and a long history of satisfied traders. The broker also provides platform tutorials on its YouTube channel.
Regulatory Environment of PrimeXBT
Use correct spelling, grammar and punctuation. Do not incite or encourage illegal activities such as promoting leaks, buying/selling drugs, tax evasion, gambling, pyramid schemes. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. 05% PrimeXBT cfd for trades and 0. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. The Dogecoin community is extremely active, and in the past, raised over $55,000 at the market price at the time to sponsor a Nascar driver, Josh Wise, to run Dogecoin and Reddit paint on the car during a race. 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. We’re thrilled to hear that you’re impressed with the precision, tight spreads, and ultra fast execution on PrimeXBT. The platform received all necessary widgets: a chart with lots of technical indicators and line studies, watchlist, dashboard, positions and order history widgets. It also offers a decentralized app, plus a Chrome extension. You’ll receive notifications for any issues affecting you and your page subscribers. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. During my PrimeXBT review, traders were offered a well structured reward program worth $5,000+ for achieving trading milestones. Note that no new copy trades can be placed on your account until you adjust your Max Drawdown further. Global economic conditions, such as inflation rates, interest rates, and geopolitical events, can indirectly affect XRP’s price by influencing overall investment trends and risk appetite in financial markets. This feature, part of its Covesting module, allows users to replicate the trades of top traders, thereby gaining access to a range of traditional financial instruments, like other crypto exchanges, FX, and commodities. Prime Technology Ltd is PrimeXBT’s Technology Provider. While independent analysis is useful, it is important to analyse the market sentiment to predict price swings. Bernie Madoff, who allegedly defrauded thousands of investors, is another infamous example. Notable FinCom members include Pepperstone, Exness, RoboMarkets, Alpari, and IC Markets.
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Meanwhile, you as the copy trader simply relax and automatically replicate every trading move they make directly in your account with just a few clicks. At PrimeXBT, we aim to provide convenient and efficient deposit options to meet the needs of our diverse client base. Since you don’t have a direct influence on what trades your followed trader will open, you’ll have to deal with liquidity risk. Traders benefit from stringent security measures like mandatory address whitelisting, two factor authentication 2FA, and SSL encryption. It’s ideal for opening, closing, and adjusting positions, as well as placing market, limit, and stop orders while managing trade exposure. One of the simplest ways to take advantage of market opportunity is by copying the best traders. The spread will be variable in most CFDs, meaning that for a bid price to be valid, there needs to be somebody there willing to buy the contract. Unlike its larger competitors, PrimeXBT does not offer P2P trading. The PrimeXBT trading platform has plenty of tools available to suit traders of most skill levels. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. Now there are about 50 billion lumens, total, in existence, and no more lumens will ever be created due to the now fixed supply. These services are governed by the legal terms and conditions of PXBT. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. Cardano’s utility and value could be increased by working with governments or electoral authority to create blockchain based voting systems. We have a resident team of experts conducting thorough reviews. KYC is optional on PrimeXBT. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. We offer a range of trading bonuses, as well as discounts on fees, on both CFD Trading and Crypto Futures trading accounts. Furthermore, you can use small amounts of trading capital to express your opinion in the market. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.
PrimeXBT WebTrader
Pearce was Senior Investment Manager for the Caribbean Investment Fund, L. This causes a slight delay in funds being available in the account. In this scenario, a 10% price increase would yield a $500 profit. Users can use isolated margin and cross margin as well. Follow these easy steps to ensure your account is fully verified. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Our website uses cookies. Are you an Apple user. Leveraged tokens have become a very popular product and are now offered by many of the major exchanges. Downloading and installing the PrimeXBT Android app is a simple process. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. PrimeXBT is a BTC based margin trading platform, offering leverage trading with instruments from numerous markets. Offer is Applicable: New Traders. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews articles and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union. 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. Doctor Profit, a prominent XRP investor, has shed some light on a comprehensive report published by BloFin on the long term potential of XRP. The terminal is distinguished by its high speed operations and advanced functionalities. Whether or not you will actually be able to perform proper technical analysis and be accurate from such a tiny screen with big fingers is another matter. Understanding how these fees are calculated is crucial for managing your trading costs. While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. Senin – Selasa, Kamis – Sabtu. This can be done by generating an Account Statement on the ‘Reports’ page. HIRN Signals is a fully automated solution, using an proprietary algorithm that performs technical analysis, recognizes market trends and patterns to generate consistent results for their subscribers. This welcome offer can increase your profitability up to 35%. Ultimately, the selection of CFDs allows for portfolio diversification beyond digital currencies and crypto futures. Leveraged trading allows you to trade and profit using much larger asset amounts than with personal funds. Share it with your online audience social media, blog, website, forums, friends or family. Scan the QR code with your device’s camera and get APK file.
Coin Search
What you will get instead are good tutorials about how to use their platform and explanations about leverage, margin and trade orders, as well as some market updates/news. Test strategies using paper trading or with small investments before committing larger sums. These factors contribute to the platform’s execution efficiency, but how does it fare in terms of leverage and margin capabilities. For level 3 referrals, you earn 10% commission. PrimeXBT is known for its advanced trading tools, high leverage options, and diverse range of trading instruments including cryptocurrencies, forex, commodities, and indices. Subscribe to TradeInformer. So, while timelines can vary based on a few factors, the overall user experience appears highly satisfying. Open the downloaded file and tap Install to complete the installation. I opened this long position with a tight stop loss. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. While volatility makes Bitcoin a high risk asset, it also presents an opportunity for a trader to benefit from the rapid price fluctuations. YouTube videos show 77%. PrimeXBT clients can fund their accounts using bank cards, e wallets, or cryptocurrencies, while withdrawals are exclusively processed in crypto. 🤔 When is this happening and what to expect. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. 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. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. This could lead to significant potential losses if the market moves against their position. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. In fact, its competitive commission rate of 50% profit share can ensure your high earning potential. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. Yeah, for crypto trading this feels like the better option. Users can choose a Master who matches their own investment preferences such as technique day trading and asset type forex, options, stocks, cryptos. If the app is unavailable in your region, you can still access it through direct download from our site. 11:— Updated feedback form for better user input— Added fees section to profile for transparency— “Recommended for You” section for new users— Enhanced Trader Tasks — Improved Copy Trading strategy cards — View trading conditions directly in Trade— Streamlined payment method search— Optimized deposit flow for faster loading— Minor UI updates for a smoother experience. It’s the price that a limit order will be executed at assuming that the asset reaches that particular level. Depending on your jurisdiction, some products or services might not be available.
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Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Define clear entry and exit points for your trades. As the crypto world changes, PrimeXBT’s ability to keep up will be key to its success. Advanced Charting Tools: Advanced charting tools are available on the PrimeXBT platform. Luckily you have access to something traditional market traders don’t; a myriad of Discord groups, social media platforms, and of course, Crypto signals. Financial incentive for signal provider. In dynamic markets, where trends can reverse unexpectedly, the trailing stop order shines. Regulated by the authorities in Cyprus. Leveraged tokens are also available for diversified trading strategies. This means that POL ex MATIC token holders can vote on protocol upgrades, changes to the ecosystem, and key governance decisions. Users can view a detailed breakdown of fees associated with using the platform. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. However, the absence of custom price alerts was a notable drawback. It makes the overall cooperation quite pleasant, as for me.
Diego Sanchez
This causes a slight delay in funds being available in the account. If you’ve been on a losing streak and could use some help, there is also the option of becoming a follower using the Covesting copy trading module. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. What is the minimum and maximum amount for a withdrawal. This sponsorship does not influence our analysis or opinions. The PrimeXBT Euro 2024 giveaway has concluded, and one lucky trader has scored big. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT Deposit :On PrimeXBT we offer Direct Crypto deposits from your personal crypto Wallets as well as alternative Deposits via Bank/Credit card/SEPA Transfers. PrimeXBT awards prizes for virtual trading contests. But to me, being able to start with 10 USD, using VOLET means a lot. Then confirm your email. These tools come equipped with multiple technical indicators, allowing traders to perform in depth market analysis and develop their trading strategies. For our trading test, we thoroughly evaluated the PrimeXBT platform. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. While unlikely, it is not impossible. A sudden drop in the SOPR would signal increased selling pressures and could trigger a broader correction. Scan the QR code with your device’s camera and get APK file. Furthermore, you may be subject to the general risk that any Cryptocurrency or blockchain project carries.
Coinbase Review
Unrealized profits increase the available margin in your account, while losses reduce it. Deposits made through Volet and Perfect Money to your Cash Wallets on PrimeXBT are generally processed instantly. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Challenges include maintaining decentralization, addressing scalability concerns, and staying ahead in a competitive landscape. To activate this bonus, you typically need to enter a promo code provided through a promotion or special offer. Both fees are fixed at 0. You can however use third party services that will allow you to convert Crypto to other currencies, including Fiat, which may then be transferred to your bank. 001 BTC, by trading with leverage on PrimeXBT you can turn that 0. While some investors look to significant price movement. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. If one was to leverage. You can also download specific tax reports based on your location including IRS, ATO, HMRC, and CRA reports and many more. However, to engage in meaningful trading and cover the margins required for positions, a practical minimum amount should be considered, which might vary from $100 to $500 equivalent in cryptocurrency.
NFTs
PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Mostbet in Pakistan In fact, in the application you can find many offers on different topics. PrimeXBT does not accept as clients residents of the United States, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, American Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. But PrimeXBT has gone the extra mile and now allows you to buy Bitcoin using your credit card. There are a host of benefits when it comes to margin trading, not the least of which would be the ability to trade in much bigger positions than would normally be the case. This includes stocks, currencies, indices, and commodities. Scan this code to download app. 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. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. It takes just a few minutes to get started. The Binance Launchpool also allows users to farm new tokens by staking their existing assets, including the native BNB token, for additional rewards and incentives. It offers a platform for high frequency trading with leverage as well as access to a variety of derivative trading options. CoinCodeCap offers Telegram Crypto signals, which is the most popular method within the community. Comments: Overall, Prime XBT offers a user friendly platform for crypto trading, especially for beginners. Few had heard of the futuristic financial technology, and even fewer understood it. This table provides a quick reference to the key aspects of PrimeXBT’s global reach and regulatory compliance, their descriptions, and their importance. This product combines innovative features, outstanding performance, and remarkable quality, making it a top choice in its category. 24 pips for CFDs involving Ether against the US dollar. This duration accounts for the necessary security checks and processing time. That lower high was exactly on the MA200 on the 1D chart. Yet, the ease with which one can leverage these trading opportunities remains uncertain. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation. Binance’s extensive range of altcoins and additional features appeal to traders interested in exploring various digital assets and participating in new projects. This intuitive trading platform caters to the needs of both beginners and experienced traders. For example, the withdrawal fee for Bitcoin is typically 0. 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 is a multitude of indicators and candlestick patterns that traders will use to determine potential moves as well. This can amplify your potential profits, but also magnifies potential losses. If a confirmation email is not received, check the spam/junk folder. With a larger screen, you get a more expansive view of charts, market data, and trading tools, making it easier to manage your investments with precision.
Web3 Evangelist
The platform offers a multitude of advanced features, competitive fees, various trading preferences, and robust security measures. PrimeXBT offers the world at your fingertips, as the various instruments offered will allow the trader to take advantage of global trends, correlations between markets, and a whole host of opportunities. Critically for investors, Cardano has relatively constrained issuance rates, especially compared to rivals like Ethereum. Bybit is a well known crypto exchange that offers a unique copy trading feature. Btw, spreads are good, too. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. In this section, we will discuss some of the key security measures employed by PrimeXBT as well as the regulations surrounding tax reporting on your investments. Ethereum projected growth has slowed after a slew of problems in the crypto world, but crypto is starting to behave. Unlike its larger competitors, PrimeXBT does not offer P2P trading. Best regards,The PrimeXBT Team. The goal of spot trading is to capitalize on price fluctuations in real time markets, making it ideal for both short term and long term traders. At the time of writing, customers can only withdraw cryptocurrencies; there is no fiat off ramp available for fiat to bank withdrawals. To reset PrimeXBT back to default settings, go to the platform’s settings menu, locate the option for “Reset to Default” and confirm the reset action. 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. PrimeXBT offers a variety of bonuses, each tailored to meet different trading needs and preferences.
Open free account
She was also extremely polite and left me with a very positive overall impression. Unlike traditional currencies, Ethereum isn’t physical. Yes, PrimeXBT imposes fees on both deposits and withdrawals. 25 level, showing a massive drop. Navigation was intuitive, with all the essential tools and indicators just a click away. Bybit has become such a reputable crypto exchange that they have attracted institutional investors and professional firms as well as retail traders, despite the fact that they are unregulated. Negative Balance Protection insures that, should trading account balance become negative, it will be restored to 0. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. Scan this code to download app. Learn more about PrimeXBT. Our human support team is here to help 24/7, in your language. Everytime my trade was in profit the spread widened until I got back to + 0 again. When combined with chart patterns for confirmations, they can make for a winning trading strategy. Understanding how margin trading works, including its benefits and drawbacks, is essential for traders to make informed decisions. 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. A membership buy in feature is not the same definition of staking used by other exchanges. While it operates in the crowded trading landscape, PrimeXBT has built a solid reputation for its robust security measures, competitive fees, and 24/7 customer support, making it a compelling choice for traders seeking diverse trading opportunities on a single platform. Your options are limited to the Covesting platform, KuCoin and HitBTC, with the latter of the three having a questionable track record. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Margin money goes a lot further than the money deposited in a cash account thanks to leverage. Date of experience: May 16, 2024. Switching markets and searching trading pairs on PrimeXBT is straightforward. Scan this code to download app. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries.
