PrimeXBT Review 2025: Complete Exchange Overview

For all questions, security issues, product related inquiries, and business proposals, please reach us. Is the price near an important support or resistance area. Information written by the company. 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. Depending on your jurisdiction, some products or services might not be available. PrimeXBT’s platform accommodates spot trading, pending orders, and one click trading. It will also apply realised profits if needed to keep positions open. There is no way to make money from when cryptocurrencies crash or go down with HODLing. While retail investors have been the driving force in previous cycles, rotating out of Bitcoin into altcoins, this cycle is different due to institutional participation. Once your connection is secure, and you’ve ensured that you’re trading in compliance with your state’s laws, you can proceed to register for a PrimeXBT account. 2️⃣ For a short period of time on June 11th, 2022 there was an offer of $5 for account verification in Reward center. Additionally, the platform complies with strict KYC Know Your Customer guidelines, which demand that users provide legitimate documentation in order to process withdrawals. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Returns or profits may be subject to capital gains tax. Of course, I also check this info to understand whether it’s high time to exit the deal or not. Traders have the option to spread the platform out across more than one screen or can have numerous different markets on a single screen. The required amount of margin depends on the leverage ratio you want to use in your trades, and you always need to have enough free margin in your account to withstand the negative price fluctuations of your leveraged trades. Support us by using our referral link on these exchanges.

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Bitcoin is on the cusp of widespread institutional adoption, and altcoins. Click Download and confirm the file download if you see a warning. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Stellar has a basic operation that is similar to most decentralized payment technologies. South Georgia Starz Academy © PrimeXBT.com 2023 Handled by TACT. Brokers operate multiple entities globally, but regulatory protections vary. 20 x 60 = $ 1200 profit. Shiba Inu Whale Trades $3. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. This flexibility enables hedging, diversification, and leveraging market fluctuations. To cancel an active Promo, click the ‘X’ button. Although some charges remain unresolved, the court’s acknowledgment that XRP itself was not necessarily a security when sold on public exchanges sparked renewed investor confidence. The list of centralized crypto exchanges that don’t require ID gets smaller each year but some names include MEXC, ByBit, and CoinEx. Best regards,The PrimeXBT Team. When compared to our Degiro review, our experts found this section of our PrimeXBT review to be lacking. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. PrimeXBT stands out with its advanced trading tools and leverage options, enabling users to maximize potential returns. There are two main types of storage for digital currencies: hot wallets and cold wallets. Despite operating in a highly competitive and rapidly evolving industry, PrimeXBT has managed to establish itself as a reliable and innovative trading platform, attracting a global user base. Returns may be subject to tax. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The platform was established in 2018 and has since grown rapidly, becoming a preferred choice for traders worldwide. Registered in Seychelles, PrimeXBT has offices in St. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. The platform you choose needs to allow you to perform smart and fast trades. Coinpanda supports both CSV and XLSX formats for all wallets. To develop a trading strategy for PrimeXBT Instant, use technical and fundamental analysis to identify trading opportunities, implement risk management techniques, and develop a trading plan that outlines your goals, risk tolerance, and strategy for entering and exiting positions. Overall, PrimeXBT delivers a sound customer service that has met the needs of a global user base through a combination of live chat, user base, and responsive support channels. I tested PrimeXBT’s spreads on 13 December 2024 during the London and New York opens.

Why trade Crypto with PrimeXBT

Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. 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. Dogecoin is currently worth under a penny a roughly $0. Here you can trade with both cross and isolated margin which certainly stresses the broker’s commitment to ensuring universal infrastrcture. PrimeXBT — where innovation meets accessibility for traders worldwide. 61 in 2023, based on its deep artificial intelligence assisted technical analysis. “I’ve been using PrimeXBT for over a year now, and my withdrawals usually hit my wallet within 24 hours. My experience with PrimeXBT’s customer support was mixed.

Fale Conosco!

The fees there are not the lowest, but not high either. The platform boasts a user friendly interface with low fees, advanced trading tools, and a streamlined registration procedure. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Scan this code to download app. On top of that, Zengo lets you interact with a variety of Dapps while keeping you safe with its Web3 firewall. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. However, some training opportunities are available here. Best Regards,The PrimeXBT Team. PrimeXBT’s partnership programs offer some of the most competitive financial rewards in the industry. However, any withdrawal requested after 12:00 UTC will be processed on the following day. Fees are generally fixed per transaction to cover the network fees associated with blockchain transactions. This should not be seen as financial or investment advice of any kind, nor does Prime XBT endorse or guarantee the relevance, timeliness, or accuracy of the information or publications. PrimeXBT turbo is a fascinating feature where you can earn more than 70% return on your investment in minutes. Imagine you have a set amount of money to invest in a particular Cryptocurrency. By trading a futures contract, traders can control a larger position size than their initial investment, amplifying potential returns.

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Losses can stack up quickly unless stop loss levels are carefully placed, and proper risk management strategies are considered. We’ll explore the key differences between spot trading and derivatives trading, along with the concept of leveraged tokens. PGX Affiliate Program. I can share a little bit what indicators I’m using during a trading session, these are: Ichimoku Cloud, Fibo retracement and the RSI index. PrimeXBT servers are located in London and Frankfurt hosted by Amazon AWS. Ensure that you meet the terms of each bonus before attempting to use another, as some bonuses might expire if not used within the specified period​. These operators autonomously set the minimum link price based on the demand for their off chain resources. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. One of the biggest mistakes that a trader can make is to use all of their available leverage. If you need access to more trading pairs, then you should look elsewhere. Please note that only special contest accounts participate in tournaments, you cannot trade on your real accounts. PrimeXBT account holders can generate reports to view trading and transfer activity via the Reports page. Please note: both the registration form and the Personal Account you will create are still only available in English. Since then, though, a market recovery has seen the price of ADA go up and on 16 February it was worth $0. Predicting the future price of any asset is difficult. Learn more about their campaign rules, accepted traffic sources, and promotional materials today. Many confuse XLM to be an XRP fork, and while the assets share many similarities and aim to disrupt similar industries, McCaleb says the codes are different, and the Stellar Foundation’s goals are wildly different than that of Ripple’s. Feedback across their social networks is also good, which is why Primexbt is unlikely to be a scam or a fraudulent broker. To protect your account, please change your password at this link: and enable 2FA. However, the absence of custom price alerts was a notable drawback. So, with $1,000 and 5x leverage, you could control a position with a $5,000 notional value.

Is PrimeXBT Safe to Trade With?

Click Download and confirm the file download if you see a warning. Except for Bitcoin and mainstream altcoins, PrimeXBT lists forex pairs, commodities, stocks, and CFDs. The PrimeXBT App puts the world of trading in your hands. Knowledge to use all the available tools. This is a convenient opportunity to profit on the crypto market for those who are very busy or have no experience in trading. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. How volatile a market is affects how quickly the price of assets can change, so be prepared. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. My experience in depositing or buying crypto is just in the recent months. The platform’s advanced features and intuitive interface make it a favorite among traders of different skill levels. This potential for amplified profits is what entices many investors to use leverage across Bitcoin Futures and other assets. If there is a match here we go. 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. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. I’m amazed by PrimeXBT’s precision. 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. 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. Finally, they also have advanced hardware modules where they run their trading technology. These addresses are known as whales. Understanding these pros and cons is essential for traders to make informed decisions and fully leverage what PrimeXBT has to offer. Security measures include Two Factor Authentication 2FA, Cold Storage as well as SSL Encryption. Increasing KYC processes for users worldwide. The PrimeXBT team is committed to 24/7 customer service. The level of KYC required depends on the regulations in the home country of the exchange. By applying these tips, you can approach spot trading more thoughtfully, helping to improve your performance and minimize risks. Education and Credentials: Degrees, certificates, and other educational credentials can be stored and verified on the Cardano blockchain platform. So what happens to the value of a Crypto market token when the supply increases. To put things into perspective, it would be worth the mention that some share the thought that Shiba Inu is capable of reaching a maximum price of $0.

PrimeXBT Spreads

If you ever need assistance or have any questions, please feel free to reach out at. With Global Markets under one roof, PrimeXBT simplifies diversification. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. Reply from PrimeXBT Copy Trading. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. In turn, this risk management approach may lead to a more consistent and stable return on investment. Fundamental analysis is the study of the quantitative and qualitative data related to Cryptocurrencies. Additionally, withdrawals to a bank card come with a hefty 5% fee. If a margin account’s balance or account equity falls below the required maintenance margin level, a margin call will be made to the investor or trader. Trading fees on PrimeXBT consist of maker and taker fees. 5 between 2022 and 2023, while a prediction by CryptoNewsZ put the XLM price prediction at between $0. You can easily trade Solana and Ethereum through the CFD markets at PrimeXBT. This $100 bonus is then available for trading, giving new users a boost as they begin their trading journey on PrimeXBT. Com with your proof and details so we can assist you directly. Binance requires KYC for certain features and higher withdrawal limits. This removes the need for you to analyze the markets or execute trades yourself manually. 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. Date of experience: November 09, 2024. PrimeXBT offers its traders 3 different types of orders for entering and exiting trades. OKX is a comprehensive cryptocurrency exchange offering a wide range of trading options, including spot, futures, and options, as well as access to Web3 and DeFi applications.

How does trading Crypto Futures using leverage work?

PrimeXBT provides a very easy to learn interface. PrimeXBT offers specialized copy trading accounts where strategy followers and providers can connect and interact. Scan this code to download app. $20,000 or equivalent for unverified users. Deposit or buy your favourite digital assets in app and use them to trade 100+ markets including Indices, Commodities, Futures, and more, all in one place. Client support responds promptly, but, unfortunately, there’s no phone line. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. PrimeXBT offers its services to users in various jurisdictions, but access is restricted in certain countries, notably the United States, Japan, and Canada. Given the amount of leverage that traders can access, with the volatility in the crypto markets, we would suggest that you make use of the protection orders – for your own good. While unlikely, it is not impossible.

Bitfinex Moves Derivatives Business from the Seychelles to El Salvador

Keuskupan Malang Paroki. With itsinnovative approach, diverse market offerings, and commitment to relentlesslyenhancing the trading experience, PrimeXBT solidifies its position at theforefront of finance. The worst platform to trade at in 2022 was quickly Coinbase, having shut down its Coinbase Pro platform and folded it into its main Coinbase product. What Makes EUR/USD the Most Traded Currency Pair. As a part of our Know Your Customer KYC policy, clients, regardless of their location or residency, may be subject to enhanced due diligence reviews. ” Determine your position size by adjusting the “amount” field and set stop loss/take profit levels. But, investing on hype alone is dangerous because with the volatility it can move both ways. Hello Lautaro,Thank you for sharing your positive experience. For those that want to only dip their toes in the market, the easiest approach is buying in holding. As things stand right now, it has not caught on, but the same can be said for Bitcoin. Compensation Fund per user. Shiba Inu is best shorted when the entire crypto space is falling apart. The historical returns of the SandP 500 are a critical metric for traders making informed decisions on Prime XBT. FAIS Disclosure Document. 1M+ community members. 05% transaction fee on cryptocurrencies. Copy the best performing traders and get same returns. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. Easily buy Crypto with Visa or Mastercard. These fees can vary depending on the withdrawal method and the currency being withdrawn. However, I do understand that this trading style may not be for everyone. This would be a continuation of the action that we have seen every other time a “crypto winter” has taken place. Very fast and getting on this bandwagn can be challenging. Asset coverage is one of the more impressive aspects of the PrimeXBT trading platform.

MehmetKocaman

Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. 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. BitSeven also does not require KYC verification, allowing users to trade anonymously. BingX copy trading pros. However, it lacks other essential features like a depth of markets tool and does not support automated trading via Expert Advisors EAs. Not aware of any recent 15% drop in prices. We’re glad it’s helping you build confidence and improve your trading skills. PrimeXBT may at any time in its sole and absolute discretion, without notice or assigning any reason therefore, terminate a Promo campaign, or delete, vary, supplement, amend, restrict, withdraw, or modify any one or more of the Promo campaign rules and conditions, including without limitation, eligibility of any client. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. So, let’s dig into their arsenals and see which platform packs the firepower you need. To verify, log in to myAlpari on the exchange’s website, click on the Profile icon in the upper right corner. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit.

MarceloDias

However, there are some regions where PrimeXBT does not accept users, including. We personally contact support using all available methods and present hypothetical problems that users might face. It’s often these assets that are extremely oversold that perform the best during the next bull market. Our human support team is here to help 24/7, in your language. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. The platform supports various order types, including market, limit, and stop orders, providing flexibility in trade execution. For assistance or inquiries, numerous contact options are available to support you. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. So i will spread prime but to everyone. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. Furthermore, OKX lets users customize their bots using TradingView signals, enabling a far greater level of complexity compared to Bybit. Instead, any funds traded on the platform are locked in multi sig escrow, minimizing the possibility of theft and reducing trading time for users.

Litecoin

Here are the main pros and cons of copy trading. The developer, Prime XBT Trading Services Ltd. 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. Some products and/or services might not be covered by the Compensation Fund. Benefit from spreads as low as 0. Most modern secure NFC apps, use a local way to validate the user’s identity. However, its offerings extend far beyond the realm of digital currencies. Crypto Futures example. Scan this code to download app. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. This is when traders and investors will look at the possibility of a bull market in the future. The platform’s official YouTube channel provides educational resources, tutorials on trading, and updates on the latest platform developments. Dear John,Thank you for sharing your experience with our support team. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. $20,000 or equivalent for unverified users. Only for verified users. Maker fees are charged to traders who provide liquidity to the market by placing limit orders, while taker fees are charged to those who take liquidity from the market by placing market orders. The support team is amazing , I recently had an issue and they responsed and fixed it immediately. The fee itself can vary depending on which kind of crypto you want to withdraw and the network used for the process.

Important Notice

2024 00343, having its registered office address at PKF Corporate Services Ltd. Dear Tiago,We’re thrilled to hear that you’re enjoying the smooth and quick deposit and withdrawal process on PrimeXBT. Forex markets have a few basic trading strategies that you should be aware of. The website provides up to date market news and analysis. Cardano has the potential for long term growth and adoption because to its distinctive features, scientific methodology, and dedication to scalability and sustainability. PrimeXBT empowers traders to go long or short with leverage. Yes, through the CFD markets offered at PrimeXBT, Dogecoin can be shorted quite easily with a click of a button. The smallest unit of Bitcoin is called Satoshi which has a worth of 100 millionth of a Bitcoin. The current exchange Volume Dominance among all other exchanges in the market. Traders use this order type when they have an urgent execution. PrimeXBT Bonus 50 is a special offer provided by the PrimeXBT platform, where users can receive an additional $50 on their trading account after meeting specific deposit conditions. Notably, there are no trust scores from CoinMarketCap and CoinGecko. If the margin is almost fully utilised due to the market exposure which was the case as it follows from your explanation, even a slight increase in the spread and associated unrealised loss can trigger liquidation to enforce the margin rule as the account’s margin becomes insufficient to maintain open positions. You might want to stick around because we’re just getting into the good stuff. Moreover, PrimeXBT stands out for its integration of innovative technologies and continuous updates, ensuring it stays at the forefront of the evolving cryptocurrency market. Date of experience: July 12, 2024. Given that PrimeXBT does not conduct these unless they have concerns about suspicious activity, it means that it frees up a lot of time for their agents to answer the most pressing questions for the traders. Up to 100x in all cryptocurrency pairs. Furthermore, PrimeXBT stands out from the competition thanks to its competitive spreads and high leverage choices up to 1:1000 for currency pairs. PrimeXBT has published over 350 educational articles on its website, which are free to access. You will now buy one Bitcoin at $35,000 and repay the borrowed capital, leaving you with a $5000 profit. Some events can send shockwaves through the crypto markets. Maker fees are generally lower than taker fees and are designed to incentivize adding liquidity to the market. 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. Therefore, soon, the market could be as regulated as the traditional financial sector. Pearce was Senior Investment Manager for the Caribbean Investment Fund, L. 16, while the low for the year reached as low as $0. From the moment I started using it, I knew I had found something special.

Trading Fees:

Partnering with PrimeXBT offers various benefits, including financial benefits like custom payouts for high value partners and the ability to earn CPA from deposits as low as $1. Look at the latest Cardano news, market trends, technical and fundamental analysis, and expert opinion before making any trading decision. Critically for investors, Cardano has relatively constrained issuance rates, especially compared to rivals like Ethereum. Platform is not easy to use, but it is exactly what I need. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts. This means big profit potential with less capital. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. The reason to trade via leverage is to increase profit potential. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. It features customizable interfaces, TradingView charts, and competitive fees, providing flexibility for traders. If you have been using the exchange for a period of time and are comfortable with the service then you may want to consider getting involved with their referral program. This is something that you can get in your account management page under the “referral” section. Multiple payment methods: Visa, Mastercard, bank transfer SWIFT, SEPA, ACH, Faster Payments, cryptocurrency. At the moment, an API interface is not available. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts. The results are shown in the table below. Monitoring is something that will be different for everyone. Cross margin trading is a great way to avoid small market price movements that would have closed a position with isolated margin.

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This is better than the other futures exchanges such as BitMEX for example. Bybit has a great selection of over 400 crypto assets and almost 600 trading markets, which is quite impressive, it is no wonder that Bybit has become an oasis for crypto trading. With its advanced trading features and ample liquidity, Bybit appeals to both beginner and seasoned traders, providing a secure environment for crypto asset trading while prioritizing user protection. Understanding these fees is important for effective fund management and planning. These bonuses cannot be withdrawn but are added to the trading account as collateral for trading. Looking for a Service. One of the most widely used means for accomplishing such a feat in mind is leveraged trading, and for any investor who focuses on the SandP 500, leveraging with platforms like PrimeXBT is going to provide unique opportunities to enhance your strategy. However, PrimeXBT does not provide any third party content. This provides users with a fantastic and passive way to potentially earn profit from experienced traders, as well as diversify one’s trading portfolio.

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