Processing Times

Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. While PrimeXBT offers some of the best margin trading crypto users can currently get, you won’t be able to do any of this unless you put down the minimum qualifying deposit. The order form also displays recent trades and order book data. PrimeXBT was founded in 2017. The status of a withdrawal can be checked in the ‘Transaction History’ or ‘Withdrawal’ section of your account. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. This is ideal for resolving urgent issues or getting quick answers to questions. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 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. Whenever you make your first deposit on PrimeXBT, you will earn $100 for free. Information regarding past performance is not a reliable indicator of future performance. Apart from this, there are range other benefits that make PrimeXBT Turbo attractive to traders. The customer service bot chat is also inefficient as most replies are automated and are often in Chinese.

What are the key reasons to choose PrimeXBT for crypto trading?

When using live chat, I usually received a response within 2 minutes. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions and other costs, and are not guarantees of future results. Navigate to the “Wallet” section, select the currency you wish to deposit, and follow the instructions to complete your deposit. None, registered in Seychelles and Marshall Islands. The risk was only $5 on GBP/USD, and my balance was around $316. In general, the PrimeXBT IT approach has been. Throughout my testing, the app performed smoothly without any bugs or glitches. These services are governed by the legal terms and conditions of PXBT. 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. Additionally, users can deposit and withdraw US dollars. No lengthy verification processes, no submission of government IDs, and no fear of data breaches resulting from personal information falling into the wrong hands. It is comfortably above both the MA50 and MA200 and in fact a Golden Cross may be due. Created by Bitmain in 2016, BTC. This bonus is way better than the $200 bonus as it offers you the opportunity to earn a higher bonus depending on your initial deposit. 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. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. Best Regards,The PrimeXBT Team. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. If you do not see this then it means that you could be on a phishing site and should leave immediately. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Prime Technology Ltd is PrimeXBT’s Technology Provider. Launched in 2018, PrimeXBT has grown globally as it now offers its services to traders in over 150 countries. They will also do asset purchases, such as buying local bonds to influence the interest rate that sovereign debts can offer. Its intuitiveness and simplicity provided a pleasant trading experience.

PrimeXBT Web Trading – Lessons Learned From Google

These fees are not determined by PrimeXBT but are directly related to the network fees of the respective blockchain. Disclosure: We are reader supported. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. At PrimeXBT, you can buy and sell the most popular crypto coins: BTC, ETH, as well as the stablecoins USDT and USDC. This is because the platform provides technical solutions for buying and selling currencies, and liquidity is provided from partners. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. Information regarding past performance is not a reliable indicator of future performance. Prime Technology Ltd is PrimeXBT’s Technology Provider. The platform is designed to cater to traders of all experience levels, making it a popular choice for both beginners and professionals. This essentially ensures that SEC can not appeal the initial July 13th decision made by U. This feature helps beginners familiarize themselves with the platform and develop their trading strategies without risking real funds. Copy trading strategies can vary and be wildly different in their outcome.

PrimeXBT Bonuses and Special Offers

2 of PrimeXBT’s Terms and Conditions. Learn smart contract development and blockchain integration in depth. The promotion is active from 11 March through 9. PrimeXBT platform has tools necessary for me and this is the most important thing. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. 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. When do Primexbt bonuses expire. The risk with leverage trading is that the trader gets emotional and starts losing exorbitant amounts of money. PrimeXBT boasts an average order execution speed below 7. There is also copy trading. 000025, and an average price of $0. The platform tracks price movement, across markets with live charts of hundreds of digital assets. Information regarding past performance is not a reliable indicator of future performance. It’ll only take a few minutes to get set up with our mobile app. Like we’ve already covered, don’t steer away from free Crypto signals providers, because even though they don’t profit directly from they Crypto signals, they profit by offering paid versions of their signals, subscriptions, or are affiliates with brokers that pay them for referrals. Date of experience: April 29, 2024. PrimeXBT is a fast rising crypto trading platform with a presence in over 150 countries. A $100 investment acts as your launchpad into the world of Cryptocurrency. Purchase crypto with 90+ fiat currencies. In the dynamic world of cryptocurrency and traditional financial markets, trading can be both rewarding and intimidating. The company has over 40 employees, 3 offices and an average daily trading volume of over $540 million with more than 170,000 daily trades. Services are provided by Baksta UAB, incorporated in Lithuania with Reg. Facebook is also used by the platform to share market news and cryptocurrency updates with its community.

Respect

You must make trading decisions yourself or use authorized and regulated services if available, such as copy trading platforms. They are the catalyst of low trading costs at a time users are sick of getting burned by high trading fees on platforms like Coinbase. Donations are extremely welcome. Partners can track their earnings in real time, providing full transparency and control over their income. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. PrimeXBT Open Account. No KYC needed to sign up on PrimeXBT. Dogecoin almost reached it recently, reaching its maximum price of 75 cents per DOGE. Readers should do their own research. To install and use the PrimeXBT iOS App on Apple devices, the following system requirements should be considered. Visit PrimeXBT to find out more about the different account types available and chose the one which suites you most. With a daily trading volume of $375 million on the platform, the platform has seen great success in a very short time. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. We want to give the world control over their finances, once and for all. Receive the latest news and stay informed. El terminal comercial es estándar, pero tiene características adicionales como nuevos indicadores y marcadores. Content feeds look more like social media timelines and clutter what is most important: getting a good read on ROI. It takes just a few minutes to get started. 35% for takers and 0. 1M+ community members. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. For example, the withdrawal fee for Bitcoin is typically 0. Post articles and get them viewed, discussed, and shared in one of the most active cryptocommunities. A lot of “hot money” came flowing into the ecosystem; for crypto, and of course Ethereum for that matter, price stability will be needed to become an everyday part of people’s lives.

Bybit

Users have reported that PrimeXBT’s interface is user friendly, with a logical structure that makes navigation straightforward. 5 for PrimeXBT and 3. All referral links will be removed. Marketing66 would like to remind you that the data contained in this website is not necessarily real time nor accurate. Building credibility through partnerships with influencers and industry experts adds legitimacy, while engaging the community fosters a strong user base and advocacy. Though, where PrimeXBT is pretty cool is that they also offer forex trading, commodities like gold, silver, oil etc. Nonetheless, the network itself has been running smoothly and could find plenty of developers as Solidity, the native programming language, continues to attract more users. Unlimited via Perfect Money. By understanding the characteristics of each asset class and how they align with your trading strategy, you can make informed decisions and optimize your trading performance on PrimeXBT. This means that only $5,000 is technically at risk. The good news is that it is quite easy to avoid a margin call, with just a bit of caution and common sense. They are also imperative as a risk management instrument to limit losses especially when it comes to leveraged trading. This transparency helps you choose a trader you’re confident in copying. These services are governed by the legal terms and conditions of PXBT. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page. Bitcoin is the only accepted method for both deposits and withdrawals.

Does PrimeXBT require KYC?

When you come across the term Brent Crude Oil, this refers to the oil contract that investors will be looking at. We’re glad to hear that you’ve had no issues with your funds and that our security protocols meet your expectations. 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. We’re glad it’s helping you build confidence and improve your trading skills. 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. IOS and Android apps make trading on the go easy. Best Regards,The PrimeXBT Team. So, are unregulated Forex brokers scams. Nevertheless, I would like to see an improvement in this sector, because everything else is quite satisfactory. 05% for cryptocurrencies is also lower than that of many comparable CFD brokers, emphasizing its cost efficiency in the competitive market. Unlike most exchanges, PrimeXBT does not hassle its users with lengthy KYC processes. No KYC needed to sign up on PrimeXBT. It uses safe storage and encryption to keep things secure. There are different types of leveraged tokens, but generally, they aim to deliver a return that is a multiple of the underlying asset’s performance over a specific period. 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. You can open a demo account in PrimeXBT only if you participate in the traders’ tournament. Key features of PrimeXBT Copy Trading include. 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. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer. ???? Blog: Explore educational posts and news on PrimeXBT’s blog. I found the KYC process to be straightforward, with my account being verified instantly. The more points you earn, the higher you can climb in the Leaderboard in Season 1. Some examples include. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT allows traders to make cryptocurrency deposits through their crypto wallets.

Futures Fees

Bitcoin’s often testy relationship with the SEC is back in the spotlight after the regulatory body looked to be softening. We’ve put together a list of the most common questions about trading on PrimeXBT for British residents, along with straightforward answers to help you trade confidently. For example, if you anticipated that some ABC Limited shares in your portfolio may see a short term drop in value as a result of a poor earnings report, you could mitigate some of the potential loss by selling short on the market via a CFD trade. Day order system will show you many hours remain until the order is cancelled if not executed before. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. PrimeXBT’s fee structure is competitive, particularly for active traders, with transparent trading and withdrawal fees that are in line with industry practices. The trader decides to use that cash to pay for half of the position, which is 100 shares. Open the downloaded file and tap Install to complete the installation.

PrimeXBT:

Understanding the risks associated with foreign exchange trading is crucial, and consulting with an independent financial advisor is an option if there are any uncertainties. Here’s how it works. Leveraged trading options are huge, so much leverage for forex. Another critical aspect to consider when asking, “Is PrimeXBT legit. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. PrimeXBT offers a diverse range of assets, including cryptocurrencies, forex, commodities, and indices. To activate this bonus, you typically need to use a promo code or participate in a promotional offer. In regards to its platform, PrimeXBT offers an advanced online trading platform with customizable layout, advanced order and trading tools with professional charting, secure wallets, as well as a full featured mobile app for both Google Play and the Apple App Store. Depositing on PrimeXBT is a straightforward and secure process, offering traders a variety of options including direct crypto transfers and fiat to crypto purchases through trusted partners. On PrimeXBT you cannot set the Take Profit and Stop Loss limits until after you have placed your trade—and these limits are highly recommended to help you protect your position. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. You should not let the idea of timing be a deterrent, because just as with any other type of trading, having a profitable system will give you the confidence of “timing the market”, even though it takes a certain amount of skill. How to Place Your First Margin Trade on PrimeXBT. When the limit price is reached, a position is opened.

Worse

Most of the time, you’ll get stopped out again. It has a big list of crypto market assets, including big names like Bitcoin and Ethereum. What is Bonk and How Does It Work. It is only web/SaaS Prime XBT vs Bitseven based. XRP is expected to experience gradual growth in the coming years, with most predictions indicating a steady upward trend. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. I tested both versions and found that they offered a smooth trading experience without any significant compromises. The platform caters to a diverse audience, ranging from novice traders to seasoned veterans. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. While trading cryptocurrencies the max leverage is 100x and the forex leverage can be tuned up to 1000x. Need to work outside regular business hours. 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. PrimeXBT has established itself as a premier platform for crypto futures trading, offering traders a comprehensive suite of features to navigate the dynamic cryptocurrency market. 2024 00343, having its registered office address at PKF Corporate Services Ltd. 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. Once you confirm your email, your account will be activated. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Wondering how PrimeXBT works. Thus, the minimum margin needed to open this trade with leverage x200 will be 0. Find out how we combat fake reviews. Before placing a leveraged trade, check how correlated markets are performing, such as equities or interest rates. PrimeXBT is a cryptocurrency trading platform offering access to global markets, including forex, commodities, indices, and cryptocurrencies. That being said, shorting it makes much more sense than buying it from a longer term standpoint, as adoption of crypto, in general, has been very slow, let alone a coin with an unlimited supply. 05% each time you buy or sell on the market. Click ‘Verify Account’.