PrimeXBT Affiliate Program

We’re thrilled to hear that our efforts to provide an excellent website bekijken trading environment are resonating with our users. Polkadot will reach $20. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. 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. Forex, stock indices, commodities like gold and silver, and cryptocurrencies like Bitcoin and Ethereum are all frequent places to find CFDs. ” When a trader uses the term “futures contract” they are typically talking about a particular asset, “I bought bitcoin futures contracts. Founded in 2018, PrimeXBT has rapidly grown to become a significant player in the crypto trading space. This involves understanding the markets, analyzing trends, and making informed decisions based on data. ???? Engage with a vibrant community. 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. This is an alarm bell for many, as it means there is no authoritative body to hold the platform accountable or enforce any sort of laws or rules. Each pair consists of a base currency and a quote currency, with the base currency being the first in the pair and the quote currency being the second. We strive to keep improving and offering the best service possible. If you forget your password, use the “Forgot Password” link on the login page to reset it. These are supported on both iOS and Android devices. Indicate whether you are a US resident please note that trading on the platform is prohibited for US citizens. Below are a few more things to consider. Users can trade major tokens like Bitcoin and Ethereum, as well as a wide variety of altcoins. They only have two types of fees, and these are the trade fee and the overnight fee. Within a short period of time, PrimeXBT has grown exponentially and currently provides its services to clients in over 150 countries.

Encryption Protocols

This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Users talk about the platform’s leverage of up to 100x. This website is for entertainment purposes only. Unlike most other popular Cryptocurrencies, Dogecoin didn’t have a roadmap for the longest time. Organic Traffic is a metric of how many monthly users visit the project’s website via search engines. Collaboration with banks or payment processors may improve Cardano’s value and promote adoption. Profit from the markets by following the experts. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. 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. 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. This leaves Volet and Perfect Money as the alternatives. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. However, insurance coverage is still rare within the crypto industry. After selecting the amount of choice, it’s time to send order, and start trading. Margin trading is a powerful tool for experienced traders, but it has risks. And this is IMPORTANT to make more profit. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. It also offers high leverage options, up to 1:1000 for forex and 1:200 for cryptocurrencies, which can help traders amplify their returns or downside. Deposit Purchase crypto via bank card or transfer via third party companies. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar.

Do not reveal personal information

Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities. Among the most commonly used orders are limit orders and market orders. They only have two types of fees, and these are the trade fee and the overnight fee. If you’re an experienced trader, you can set up your own portfolio and trading strategy for others to follow. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Gold is an established and mature market for investable assets. This makes the fees and commissions on cryto trade less. EA Trading Academy does not hold registration as an investment advisor, broker, or dealer. The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network. Bonuses Cannot Be Combined: Bonuses like deposit bonuses and fee reduction bonuses usually cannot be combined. Simply navigate to the BTC/USD pair and click “Trade. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. Choosing the conditions that best fit your trading strategy, your trading plan, available balance, and your financial goals is most important. Learn more about Baksta’s Legal Terms. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. By 2030, they believe that Stellar Lumens could reach as high as $1. More flexibility, security, and scalability are made possible by this division of responsibilities. You subscribe to their trades and their trades are automatically copied to your account. But, it’s riskier than just buying and selling because you can lose more money. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. It may be too early to tell. PrimeXBT’s unique selling proposition is its advanced security measures and the innovative copy trading feature, which enables users to replicate the trades of successful traders. If your KYC documents are rejected on PrimeXBT, review the reasons for rejection provided by the platform, correct any discrepancies or issues, and resubmit the required documents. 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. Reviewed by Registered Tax Agent 25963822. The top 5 crypto copy trading platforms are Finestel, Bybit, PrimeXBT, 3Commas, and Coinmatics. There are certain technical analysis tools and strategies that can provide traders with an edge in markets. Acquiring the skill of trading in the Forex market broadens the horizon for traders as it offers the chance to trade currencies of different nations round the clock. These fees apply to all asset classes, including cryptocurrencies, forex, commodities, and indices. The winners of the tournament receive a cash reward.

Academical stuff from them

The following data may be collected but it is not linked to your identity. PrimeXBT must navigate these regulatory frameworks to ensure compliance and provide secure trading services. Of course, even if a hacker is able to get hold of a user’s password, PrimeXBT offers two factor authentication, meaning a hacker won’t be able to access a user’s account without also having a user’s 2FA code. She follows a skilled trader, and every time that trader makes a move, the same trade happens in Sarah’s account automatically. Everything works greatly and fastly. PrimeXBT Bonus 200 is a special bonus on the PrimeXBT platform, offering traders an additional $200 on their trading account after making a specific deposit. While using PrimeXBT, traders can also execute several different order types with the option to simultaneously place stop losses and take profits. Further in this article, we will take a closer look at each exchange individually, but first, we will give you an overview of our findings by comparing PrimeXBT versus Bybit. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles.

New Fiat Payment Gateway Is Now Available To All PrimeXBT Users

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. Important to note: PrimeXBT features CFDs Contract for Difference trading, not Spot trading as is the case with the majority of crypto exchanges. Getting a margin call is one of the more demoralizing things a trader can face. This fee applies to both market orders and limit orders. What is more, with PrimeXBT, you can speculate in this price movement with a high level of leverage that is up to 100x for crypto trading and 500x for forex related products. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. The platform offers a very limited range of crypto futures markets and conditional orders. PrimeXBT launched leveraged crypto trading on February 4, 2019, gaining a huge following as a result. Additionally, you need to check the regional restrictions if you decide to use this platform based the professional knowledge and experience. PrimeXBT Opening account and deposit. Remember, margin trading is not suitable for everyone. But, PrimeXBT works hard to process all requests fast. PrimeXBT’s referral program is your gateway to effortless additional income. On their web page, they are officially registered in Seychelles with offices in St Vincent and the Grenadines.

What could be improved

Especially considering how it can connect directly into its futures activity. Channels for Customer Support. You can fund your account in two ways, either through credit/debit cards or Bitcoin transfers. Engaging in Bitcoin trading means buying and selling the digital currency through an exchange or predicting its price fluctuations using a CFD trading account. However, a disadvantage is that there is no service to clients from the US and Canada, with no dedicated phone support. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. PrimeXBT’s Turbo trading feature is particularly suitable for scalpers looking to execute rapid trades with fixed payouts. Volet deposits are free, while Perfect Money charges a 1. This should not be among the no deposit bonus list as you need to deposit to claim the bonus. This lack of transparency can make it difficult to know what you’re paying. This makes it a good choice for traders who want to diversify.

Install the APK:

If you cannot get that price, you won’t be buying shares at a worse price. However, PrimeXBT offers an excellent online platform that many traders love. So even if you’ve got away with not paying tax on your crypto for now it’s inevitable that your tax office will catch up with you eventually. Best regards,The PrimeXBT Team. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. Some exchanges require private information or KYC documents to verify identity. These updates, aimed at providing tailored marketing solutions for crypto projects, include new limited time offers and expanded options for Cointelegraph publications. It’s a great choice for anyone entering crypto trading. 01% for makers and 0. Candlesticks depict how the emotions of traders can influence price action. 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. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. For PrimeXBT commodities, traders can trade popular items like oil and gold. For example, if you have a long position in Bitcoin but think that the price could collapse in the coming hours or days, instead of closing your long position, you could simply hedge the position by shorting Bitcoin in the same amount as your long trade. Various assets have different prediction durations, which are. The website offers tools like price charts, copy trading, Bitcoin leverage, trading contests, and market research to assist users in analyzing markets and executing trades. These products are not suitable for all investors.

Risk warning

Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. What makes it odd is that the exchange does not currently accept any reserve currency deposits from bank accounts or credit cards. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Withdrawal fees on PrimeXBT depend on the cryptocurrency being withdrawn. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Can’t find what you’re looking for. To activate a bonus, log in to your PrimeXBT account, navigate to the “Promo Codes” or “Bonuses” section, and enter the promo code. This makes it possible for traders to profit from the significant volatility that characterizes cryptocurrency markets. Our 24/7 support team here to help. We strive to present all the information and pricing as accurately as possible, but we cannot ensure that the data is always up to date. 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.

Risk warning

The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Date of experience: October 22, 2024. My deposit was credited after 20 network confirmations, which took a few minutes. I consider PrimeXBT to be an advanced crypto trading platform thanks to the complex charting which is completely customizable and you can change it just the way you want. If you trade a great deal of volume on an exchange, then these fees add up on a cumulative basis. One major difference from mining is that using hardware and spending additional power is not necessary for being a part of the stake pool. According to CoinPriceForecast, price of POL ex MATIC may hit $5 by 2040. Follow these tips for successful spot trading. That would be a significant increase from where the market has fallen, roughly doubling the price of Ethereum at the end of 2022. First off, it stands apart from many other cryptocurrency initiatives because to its significant emphasis on scientific research and peer reviewed methods, which boosts its reputation. It aims to return three times the return of the SandP 500 on a daily basis. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Information regarding past performance is not a reliable indicator of future performance. BNBUSD is trading inside a Channel Down since September 2019 currently testing both the Lower High line as well as the MA200 on the 1D chart. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania.

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Both xrp and xlm can be used as digital currency, but more often than not are converted to a fiat currency such as the US dollar, and then deposited into the general financial institutions you are familiar with. Margin trading is quite beneficial, but it is also something that should be looked at with caution. These promotional offers can significantly move trading and reduce overall trading costs, but it is important to evaluate whether they offer real value. 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. Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. 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. Therefore, it is a very flexible platform designed for different types of traders depending on their experience. Trading involves risk. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. To summarize the comparison, here are the pros and cons of PrimeXBT and BitSeven, highlighting the strengths and potential drawbacks of each platform. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. It only accepts crypto transfers but barely offers any crypto trading choices. These orders can also be used as stop losses. The base currencies that the broker supports are BTC, ETH, USDT, and USDC. Chainlink holds a strong position as a decentralized oracle network, with a well established user base and broad integration. Here are three indicators used in Technical Analysis. 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 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. The claim is that PrimeXBT is designed to be accessible for users with varying levels of expertise in trading different asset classes. The software is web based, with no option to download a desktop version. For our trading test, we thoroughly evaluated the PrimeXBT platform.

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It may sound counterproductive, but spreading capital across many different assets for a well diversified trading portfolio has been statistically shown to reduce risk and increase return on investment. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. IF ANY OF THE FOLLOWING TERMS ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT USE THE WEB SITE, AND TO THE EXTENT PERMITTED BY LAW, YOU AGREE NOT TO HOLD ANY OF THE COMPANY AND ITS RESPECTIVE PAST, PRESENT AND FUTURE EMPLOYEES, OFFICERS, DIRECTORS, CONTRACTORS, CONSULTANTS, EQUITY HOLDERS, SUPPLIERS, VENDORS, SERVICE PROVIDERS, PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, AGENTS, REPRESENTATIVES, PREDECESSORS, SUCCESSORS AND ASSIGNS LIABLE FOR ANY LOSSES OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING FROM, OR IN ANY WAY CONNECTED, TO THE TRADING WITH MARGIN, INCLUDING LOSSES ASSOCIATED WITH THE TRADING WITH MARGIN. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. When using fundamental analysis, you can combine it with different metrics, such as on chain metrics. One of the most helpful tools a trader can use when performing technical analysis is to watch for certain patterns to appear on price charts before taking a position. PrimeXBT is an acceptable choice for day traders. However, there are certain jurisdictions where our services are restricted. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. Best regards,The PrimeXBT Team. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Even so, Binance has set itself apart by offering an insurance fund for user assets. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. Overall, Prime XBT does not offer a sign up bonus for first time sign ups or beginner traders, but a deposit bonus of 7% is offered. The concept is that instead of having separate entities that work independently, they would become a part of the same ecosystem where information and money can be exchanged in a secure and scalable way. PrimeXBT offers a beginner friendly platform to initiate your investment journey. Finally, they also have advanced hardware modules where they run their trading technology. Returns or profits may be subject to capital gains tax. With their leveraged tokens and stablecoin collateral wallets, you can trade on margin in a convenient and effective way. Compensation Fund per user. Founded in 2018, it currently serves more than one million customers from different countries. Become a certified Partner. For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. Prime XBT offers advanced trading products and services to intermediate and professional traders.

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PrimeXBT’s continual enhancements reflect its long term commitment to its traders. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. This isn’t always a good thing, depending on the situation. Thank you for choosing PrimeXBT and for your constructive feedback. Reply from PrimeXBT Copy Trading. The amount of the overnight fee depends on the currency pair and the direction of the trade long or short. However, it’s crucial to approach such long term predictions with caution, as the cryptocurrency market is known for its volatility and susceptibility to rapid changes in technology and regulation. Receive Notifications: Set price alerts and receive notifications to stay updated with market movements. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. It’s advisable to test any strategy on a demo account first to determine which works best for your approach before committing real funds.