Success Stories and Testimonials

If your account equity falls below a certain level, PrimeXBT will issue a “Margin Call,” automatically closing negative positions to manage risk, resulting in lost funds. By incorporating these elements into your trading strategy, you can enhance your trading performance and achieve consistent profitability on PrimeXBT. Securities and Exchange Commission. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. Deposit Purchase crypto via bank card or transfer via third party companies. Dear Jabulani,Thank you for your positive feedback. It is advisable to stay updated by checking the promotions page frequently. No they have not targeted me, but I was scammed by Megamarkets1. But trading here has so many perks. How to claim a 50% deposit bonus on PrimeXBT. Some paid signals providers also offer additional features, including signals for other markets, technical analysis, tracking of market sentiment and even “whale” movement tracking. Risk management tools like ‘take profit’ and ‘stop loss’ are also available. For example, you may wish to buy €100,000 against the US dollar. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. Discover the best in crypto gaming and trading with exclusive offers from VGO Promo. At a current price today of $0. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. For more information, visit PrimeXBT. The PrimeXBT Bonus 200 is a special offer that provides traders with an extra $200 added to their trading account after making a qualifying deposit. Date of experience: July 12, 2024. And for those clients who want to improve the cybersecurity of their investments, the platform offers several solutions. Uk has been helping British traders find the right broker for over 20 years. Millions of users use MEXC every day to buy, sell, and trade more than 1600 cryptocurrencies, and the exchange trades hundreds of millions of dollars in crypto daily.

Was This Overnight Fees?

1 BTC and your balance would be 1. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. It is a best practice, and highly recommended, to set these limits for your trade, and you can do so by simply clicking the pencil next to the TP/SL for the trade that you want to set these limits for. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. We also appreciate your recommendation of the indicators for new traders. There is no upper limit. ➡️Webinars – Namibian traders can access webinars hosted by PrimeXBT, where they can learn from experienced professionals on market trends and advanced trading tools, providing real time insights and a collaborative learning environment beyond traditional education formats. High Risk Warning: Trading in foreign exchange and other financial instruments is inherently high risk and may not be appropriate for all investors. Each unverified account has a 24 hour withdrawal limit of $20,000 or equivalent. PrimeXBT offers different account levels, each providing a range of benefits and features to cater to various trading needs. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Effective traders set clear parameters on how much leverage to use, considering factors like market volatility and personal risk tolerance. Trading Litecoin is the simple answer. Once you confirm your email, your account will be activated. This minimized my losses and still only cost 0. There are also custodial trading subaccounts for users who want to entrust their funds to a professional trading team. 2024 00343, having its registered office address at PKF Corporate Services Ltd. PrimeXBT, in contrast, offers a comprehensive range of trading instruments, including cryptocurrencies, forex, commodities, and indices. Exchange one Crypto for another via your PrimeXBT account. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. As well as this, some transactions and products available on Changelly may require KYC if you’re using Changelly to connect to another platform. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. It serves as extra collateral for opening and maintaining positions. Rate Limiter returns 429 HTTP status code Too Many Requests if the rate limit is exceeded. What is a Genesis Block.

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Prime XBT Trading Services, S. 500 while the Support at 76. 2 They allow straight BTC account, for the Bitcoin maxies. This VPN’s outstanding encryption and no logs policy will keep your transaction data secured and private, while its many servers and dedicated IPs let you unblock exchanges worldwide. It’s advisable to withdraw larger amounts less frequently to reduce the impact of fixed withdrawal fees. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. I want to laeve my PrimeXBT review here. It is worth noting that Perfect Money charges the 1. Reply from PrimeXBT Copy Trading. However, it does have a lot of great features, which I’ll expand on later in this article. Here, we’ll explore some key factors to consider when making this critical decision for your crypto leverage trading strategy. Your input is valuable as we strive to balance cost effectiveness with maintaining an excellent trading environment. 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. Use the Binance referral code 49316610 and receive up to $600 in rewards and bonuses. WQO was founded and managed by a prominent Crypto persona, and is yet another Crypto PrimeXBT FX signals provider that offers both free Crypto signals Telegram groups and premium access one. Date of experience: August 24, 2019. The levels range from unverified to advanced, with each level offering progressively higher limits and additional features. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U. 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. While the actual outcome will only be known on election day, history has shown that Trump’s candidacy has previously led to positive momentum for both traditional and cryptocurrency markets. Access to PrimeXBT services does not necessarily mean that client activities through the service are legal under local laws, regulations, or directives associated with a client’s country of residence; therefore, it is crucial for every client to consult with legal and tax advisors in their region regarding eligibility to utilize such services. 2024 00343, having its registered office address at PKF Corporate Services Ltd. 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. Forex trading, on the other hand, generally incurs lower fees, making it an attractive option for cost conscious traders. PrimeXBT allows you to trade a wide range of assets, including cryptocurrencies like Bitcoin and Ethereum, forex pairs like EUR/USD, commodities like gold and oil, and stock indices like SP500.

PrimeXBT Design and Usability

My experience with PrimeXBT’s customer support was mixed. Thanks for your patience. Before I jump into this, let me reiterate an important positive that this platform offers. The platform’s user friendly interface and the ability to trade across multiple asset classes also contribute to its positive standing. Dear Aran,It’s great to hear you’re enjoying the robust platform and modern instruments. Though it is important to understand that as an unregulated broker, traders need to place a lot more trust in the company and are depositing funds at their own risk. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. The platform has cool features like one click trading execution and double click trading. By facilitating fast and cost effective transactions, POL ex MATIC enables decentralized applications dApps to operate efficiently on Polygon’s Layer 2 scaling solution. Current Bonus Plan: When you first register at PrimeXBT and make your deposit, enter the code CRYPTONEWS7000 to get your bonus as a reward in your trading account, equal to your deposit up to a maximum of $7000. This is only mentioned in passing. Finance Magnates is a global B2B provider of multi asset trading news, research and events with special focus on electronic trading, banking, and investing. If you’re trading Bitcoins through an exchange, you need to set up a secure storage method for your shiny new coins. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. Get access to a wide range of trading, investing, and Crypto services from a single app. PrimeXBT equips traders with a robust array of technical analysis tools, boasting over 50 technical indicators and the ability to perform comprehensive technical analysis with TradingView powered charts. Before making financial investment decisions, do consult your financial advisor. Best regards,The PrimeXBT Team. With the cryptocurrency industry rapidly expanding into other technologies like smartphones, PrimeXBT, a leader in the crypto space, is poised to grow quickly. This limits its use in some areas. PrimeXBT offices are registered in Seychelles and Saint Vincent and Grenadines and this broker does not hold any regulatory licenses. These products are not suitable for all investors. Looking at different factors can help you determine whether the price of Bitcoin is overvalued or undervalued. Many platforms and brokers on the market offer high profits when trading Bitcoin with leverage. The exchange offers different types of tournaments.

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This review will explore what makes PrimeXBT great, like its wide range of financial tools and easy to use interface. Additionally, you cannot set stop losses and take profits directly from the order form. If the app is unavailable in your region, you can still access it through direct download from our site. 😊Best regards,The PrimeXBT Team. Continuing our mission to offer one of the best trading experiences in the industry, we are very excited to announce. If you have any suggestions or need assistance as you continue to explore and utilize our platform, please don’t hesitate to reach out to us at. PrimeXBT offers a comprehensive platform for trading both crypto futures and traditional asset CFDs. Returns or profits may be subject to capital gains tax. No, this is not possible at the moment. Increased Risk of Scams or Fraud. It’s important to review the specific fees for your chosen withdrawal method directly on the PrimeXBT platform before initiating a transaction. These include of derivatives that are novel, decentralized lending and borrowing, and liquidity mining. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Powered by phpBB® Forum Software © phpBB Limited. Choosing the right platform depends on your trading style and preferences.

Customer Service

You can’t actually withdraw it either. One of the key tips for maximizing your trading experience is to use the advanced trading features available on PrimeXBT. Learn more about Baksta’s Legal Terms. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. Referral linking is a recurrent issue with new exchanges and ICOs. PrimeXBT is an award winning, multi asset trading platform that allows you to trade cryptocurrencies, crypto futures, and traditional financial instruments, such as Forex, SandP 500, and Nasdaq composite indices, commodities like crude oil and natural gas, and many others from a single account. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. There are no guarantees that digital currencies will completely replace traditional money in the years to come. 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. Get access to a wide range of trading, investing, and Crypto services from a single app. Understanding these fees is essential for maximizing your potential profits. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. Alternately, experienced traders can share theirstrategies to build a following and earn additional income streams. Here are some initial impressions: Fast account setup Responsive support team Clear instructions for deposits and withdrawals All in all, it feels like a reliable place to start trading. During testing, I received fast responses with a reasonable level of detail. The process to claim this bonus is simple. That includes the latest Alt coins, which are constantly being introduced to the Crypto markets. There are other widgets that you can add, such as order history, order books, alerts, symbol library, account widgets, statement widgets, and many others. Enjoy real time prices, technical indicators, drawing tools, without the need to switch platforms. That being said, with the way that Steller has sold off the risk to reward ratio is astronomically high. Choose PrimeXBT for a versatile and user friendly payment experience.

How do I know if my deposit was successfully credited?

Dear Gokce,We appreciate your feedback on the versatility of the PrimeXBT trading platform. 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 month, the Federal Reserve surprised market participants by enacting a 50 basis point rate cut, reducing the interest rate from 5. Thank you for your support. Offer is Applicable: New Traders. There are no fees for opening an account, keeping it, or depositing funds, making it easy to start trading. This can be extraordinarily beneficial on a spot market that moves frequently and rapidly, like the currency or crypto market. 02 earlier this year as the developers announced a vote to reward UNI token holders. Placing trades on PrimeXBT is simple, with an easy to use order form. The platform offers a $50,000 USDT demo account, allowing users to test strategies risk free. In addition to trading, PrimeXBT clients can utilize copytrading auto copying of trades to generate income effortlessly. In the next section, we will provide practical tips for optimizing your trading strategy on PrimeXBT using limit and market orders. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. We’re committed to providing a top notch trading experience.

Is the PrimeXBT Telegram Bot safe to use?

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. PrimeXBT has always focused on providing traders with a localised experience, something it plans to continue with its South African expansion. Yes, but only with CFD markets. Negative emotional trading can also have undesired repercussions on your trading session. You are making a trade based on future price movements. This process ensures compliance with anti money laundering AML and counter terrorism financing CTF laws, aiming to reduce risks like money laundering and fraud. As long as you have trading capital in the account that is not being used for margin, the platform will automatically “pad your position” along the way in real time. To celebrate 9 years of blockchain brilliance, PrimeXBT is splitting 1 ETH between 50 lucky traders. Even though it was very complicated to understand the essence, but I did it. Three different fiat currency options are available, including USD, EUR, and GBP. 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. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. With this in mind, you should weigh the pros and cons of each strategy and only risk a small amount with it initially. However, the question remains: how do these alternatives measure up to PrimeXBT. If you already have cryptocurrencies on another exchange or a wallet, simply copy your personal Bitcoin address at PrimeXBT and make a transfer to this address.

We champion verified reviews

Deposits are a minimum of 0. Strategy Managers take the lead, controlling the trading activity of their managed strategies, while Followers seamlessly replicate these trades. Users are responsible for understanding the operational mechanisms and risks associated with automated trading systems before use. For instance, their trading contests let you compete risk free using virtual funds, and winners earn real world trading bonuses. Virgin Islands, the United States Minor Outlying Islands, American Samoa, the Northern Mariana Islands, as well as Russia, Myanmar, and Saint Lucia. Commonly praised features include. PrimeXBT is available worldwide and supports many languages. For years it has grown into a global platform that has expanded to over 150 countries all around the world. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. We respect your privacy while trading digital currencies which is why we do not require our clients to undergo KYC procedures, exposing personal information. A withdrawal requested before 12:00 UTC will be processed on the same day. Click “Trade” to start trading in the tournament on a demo account. Besides, there are over 100 CFDs available for trading and it’s for those who consider crypto futures a bit risky. Traders worldwide trust us. 32 to send USDT over the BEP20 network. Anywa, i’m glad that I made profits a few times in a row by opening long positions. It is designed to appeal to both high frequency traders and those making occasional trades. 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. Easily buy Crypto with Visa or Mastercard. Visit our Help Centre. When trading CFDs on PrimeXBT, the leverage you select reflects the amount of margin personal funds, you need to open a position. Date of experience: December 18, 2023. These allow you to calculate how much you need to pay to keep your contract open across financing periods, along with how much it costs to open and close it. Engage in Crypto, Forex, Commodities CFDs, and Indices CFDs trading. First Digital USD FDUSD. It’s highly rated on TrustPilot with a 3. And, two protection order types include stop loss order, take profit order.

Placing Trades

As well as this, the exchange offers earn products and promotional rewards. PrimeXBT wallets are multifunctional. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. A margin brokerage account lets investors deposit cash or other assets to be used as collateral. There is a lot of learning that comes into trading, and to start out with, it may be a good idea to invest with a trading bot. Forced liquidation is a concept every trader must understand – find out what it is and how it works below. 2024 00343, having its registered office address at PKF Corporate Services Ltd. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. This can increase affiliate marketing traffic and encourage your audience to sign up quickly. Despite advanced trading tools and charts, PrimeXBT remains intuitive and user friendly, making it easy for beginners. PrimeXTB offers a range of tools and resources to help traders of all levels become successful. Trade with bonuses and rewards from PrimeXBT. Do not fall victim to the Bystander Effect and think someone else will report it. We actually downloaded the PrimeXBT app and tested it out to see exactly how functional it was. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Only for verified users. In this post, we’ll explore the top 10 crypto margin trading exchanges in 2024, offering insights into their features, benefits and why they stand out in this competitive landscape. If you ever need further assistance or tips for managing market swings, we’re here for you. The first pan Caribbean private equity fund dedicated exclusively to making investments in the CARICOM Region. 25 level, because it not only will have psychological importance, but it’s also the scene of previous support and resistance. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position.

4 5

With the app in hand, you can trade global markets seamlessly, including cryptocurrencies, stock indices, commodities, and forex, all from the convenience of your mobile device. Click Download and confirm the file download if you see a warning. Finally, click the Finish button. Depositing from MetaMask to PrimeXBT is straightforward. Open the downloaded file and tap Install to complete the installation. PrimeXBT does not charge any deposit fees. 52 in the next 90 days, which is a 43% change over the current price which hovers around $2. This broad linguistic support ensures that users from various regions can access the platform’s services comfortably.

Worse

Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. 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. Cryptocurrency trading can be extremely profitable for those willing to put in the time, effort, and take some risks at times. These fees are not determined by PrimeXBT but are directly related to the network fees of the respective blockchain. PRIOR TO TRADING WITH MARGIN YOU SHOULD CAREFULLY CONSIDER THE TERMS AND CONDITIONS OF THIS WEB SITE, TO THE EXTENT NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. Unlimited for verified users. $2,000 by bank card. In this article, we’ll compare these platforms and guide you on how to use PrimeXBT for margin trading. Com App to see your Crypto. With a fully fledged copy trading service, a low PrimeXBT copy trading minimum deposit, and a dashboard with precise controls, it is prevalent in my PrimeXBT Crypto Futures review that this is a serious crypto platform. The event will run from 2 December 2024 to 15 January 2025. Date of experience: November 22, 2024. Registration is swift at PrimeXBT, taking one minute or less, and requires only a 0. Fundamental Analysis: The BoE left the rates unchanged giving a minor lift to the GBP. 1% in the last 24 hours, but sustained a 15. This makes it easier for people from different financial backgrounds to trade. We’re here to help make your trading experience as effective and enjoyable as possible. A Trading day is used to determine when Overnight Financing is charged and when a DAY order is cancelled if not filled. Learn more about Baksta’s Legal Terms. For example: Let’s assume that BTC is worth $67,000, and you’d like to open a position worth 1 BTC with 200:1 leverage. Sadly, there is no complete security from financial risk when it comes to DeFi, traditional finance, or money at all. 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. Next, we will explore the factors contributing to the growth of PrimeXBT’s user base. Within this part of our PrimeXBT review, we will talk about the different types of assets available for trading. Using the more modest price target, XRP could still potentially reach $23 per coin. Other platforms rely on faster withdrawals or more financially sound methods for cryptocurrency storage, leaving users’ funds exposed to hackers as we’ve repeatedly seen. This happens when the market moves in the opposite direction of the trade or position you opened.