Is PrimeXBT trusted?

If you lose access to your 2FA device, contact customer support immediately to help secure your account and reset your 2FA settings. Bybit has also done an impressive job expanding its offerings, now contending with the likes of Binance and OKX thanks to their solid reputation, long standing track record, and respect within the crypto community. We also provide the following security measures. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Open larger trades with less money using leverage. Uphold offers customer support through its Help Center, where users can submit a request for assistance. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. They employ a long trade strategy with leverage, essentially placing a magnified bet on Bitcoin’s price increase. Once they identify a potential trade, they will then typically markup their chart to see where they want to enter, exit, or admit defeat. This Daily Limit applies cumulatively across all currencies withdrawn within a 24 hour period. Moreover, PrimeXBT does not provide Virtual Private Server VPS hosting, which is necessary to achieve ultra fast order execution speeds. Unfortunately, most traders do not spend the time necessary to backtest a system and will simply come up with the latest and greatest thing on a forum to start putting money to work.

◾️Can I use Stop Loss/Take Profit?

Why It Is Popular: Litecoin is often considered digital silver next to Bitcoin as digital gold, and the similarities make sense. All third party trademarks are the property of the respective trademark owners. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. 1389% based on the type of trade. The support service works quickly and professionally, which will help customers to promptly deal with possible difficulties. Its user friendly interface and intuitive layout make it easy for beginners to navigate, while its advanced features and customizability offer powerful tools for experienced traders. Yes, PrimeXBT and similar platforms often provide API access that allows you to connect your trading account to custom trading solutions, automate trading, or integrate third party tools and analytics. In 2024, Orfinex, VTMarkets, Fusion Markets, and Ultima Markets also gained FinCom membership. That is not entirely true. Get started Get started. But cryptocurrencies often lack utility or a centralized authority that gives the asset value. Their subscription prices for their amazing crypto trading signal services is very reasonable. No one wants to lose funds or have their personal information compromised. You must be logged in to post a comment. These include cryptocurrencies, commodities, stocks, and indices. If you are a new investor in the crypto space, it is advisable that you keep off new tokens in the market because most of these end up being rug https://primexbtinvest.com/no-deposit-bonus/ pulls, where the developers abandon projects and take off with investor funds. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. Open the downloaded file and tap Install to complete the installation. But when will Bitcoin reach such prices. This guide aims to walk you through the reasons why Ethereum is a good investment, how you can invest in Ethereum, how to buy Ethereum and make profits on short term fluctuations, explain all the pros and cons of Ethereum investing, and more. Navigation was intuitive, with all the essential tools and indicators just a click away. We appreciate your appreciation and are here to support your trading journey.

3 Reasons Why Facebook Is The Worst Option For PrimeXBT Cryptocurrency

With high leverage options, it can be an ideal choice for those interested in crypto assets, commodities, and forex source. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. In order to complete the withdrawal address whitelisting, you will receive a confirmation email. All of this can be part of your research step before placing a trade. Trading fees are a really important consideration as they can directly impact your profitability in the long run. PrimeXBT does not charge for deposit or wallet creation. An overnight fee, also called a “rollover fee”, is a payment that applies if you hold a position overnight. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. “Revenge trading”, or trying to make up previous losses quickly, is one of the most common ways to blow up an account using leverage. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. You can get this for iOS and Android devices, and it offers you an equally convenient way to enjoy margin trading and use all of the technical indicators effectively. Necessary cookies are absolutely essential for the website to function properly. We’re glad you find our platform beginner friendly with affordable entry costs. Reddit and its partners use cookies and similar technologies to provide you with a better experience. This has been lessened, although the coins are still on the up. Other options for contacting support. The EUR/USD pair is a popular currency pair to trade in the. Depending on the trader’s needs, some may choose to store their DOGE on an exchange. 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. Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. Deposit Purchase crypto via bank card or transfer via third party companies. CoinEx offers a huge range of investments and products, with more than 600 cryptocurrencies available for spot trading, margin trading, and futures trading. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. However, some training opportunities are available here. PrimeXBT integrates TradingView charts, which is a nice feature. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x.

PrimeXBT Bonuses and Special Offers

Below is a chart showing the psychology of a market cycle. You can also trade indicies like NASDAQ, SandP500, and more. The financial markets are constantly evolving, and staying updated on the latest trends, strategies, and technologies is crucial for maintaining a competitive edge. Although MEXC isn’t as popular as Bybit, it’s quickly taking traction away from the trading platform due to low fees, supported assets, and higher than average leverage. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. But always do your own research or as the Crypto community says “DYOR” do your own research. For instance, BTC withdrawals are pegged at a static 0. The exchange utilizes an extensive cybersecurity framework to make sure that strict measures and best practices are implemented to protect customer assets against any eventualities and threats. By reducing leverage, traders can limit their exposure to market volatility and potential losses. This can help legitimise cryptocurrencies as an investment and trading vehicle, and when a cryptocurrency exchange follows the same rules as other financial institutions, the profile and value of most if not all cryptocurrencies will likely increase. This means your earning potential is enhanced with PrimeXBT. Another cool feature that sets PrimeXBT apart is that users can design their own trading contest for their communities. To use PrimeXBT, visit the official site, create an account, verify it, deposit funds, explore the platform features, and start trading in various markets with available tools and leverage. PrimeXBT has never suffered a hack or security breach during its operational history. On the other hand, restrictive policies, such as new taxes or strict rules on Cryptocurrency transactions, can create uncertainty and cause prices to drop. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. Compared to the industry average, PrimeXBT provides an average number of currency pairs and a high number of commodities, indices, and cryptocurrencies. Unlike its larger competitors, PrimeXBT does not offer P2P trading. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. 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. I using leverage x50 here, dangerous but it’s fine. Our human support team is here to help 24/7, in your language. Notably, there are no trust scores from CoinMarketCap and CoinGecko.

Summary of PrimeXBT Fees

PrimeXBT is a prime example of a customizable, user friendly trading platform. Dear PrimeXBT clients,. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Introducing PrimeXBT, premium one stop crypto CFD trading machine. Comments: PrimeXBT is one of the best crypto exchanges I have ever worked on. The blockchain uses the Ouroboros protocol, which enables the network’s decentralisation and allows it to scale up while remaining secure. Set stop loss orders to limit potential losses. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. PrimeXBT adheres to KYC regulations to ensure that its users are legitimate and to maintain a secure trading environment. Taking a closer look at the actual tools that are at your disposal, there are the drawing tools that traders need to map their important levels. Just look at that long list of instruments, you can trade beyond the cryptocurrencies. These features could potentially position XRP as a competitive alternative to traditional financial systems, especially in emerging markets where access to banking services is limited. Brand operating since. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders.

Cryptocurrencies Available on PrimeXBT

Go to Settings > Security and enable Install from Unknown Sources if prompted. Short term strategies might use higher leverage to capitalise on quick price movements, while long term strategies might favour lower leverage for a more measured approach to earning money. No disadvantages, all is good, working fine. However, this isn’t to say that money won’t be made by those who hold DOGE, just that they will have to stomach much volatility. Volet deposits are free, while Perfect Money charges a 1. Forex has a lot of advantages to stock trading, but both can be beneficial. 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. By focusing on high probability setups and avoiding overtrading, traders can reduce the cumulative trading fees. Technical analysis can be as simple or complex as the trader chooses and needs to incorporate specifics that the trader is comfortable using. You can also monitor any service or website on your status page. At PrimeXBT, we strive to provide the best customer service possible, and it’s rewarding to know that we were able to assist you efficiently. Below are some examples of other fees that might be encountered. While PrimeXBT’s platform supports one click trading, its lowest timeframe is one minute which is not ideal for scalping. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. It is important that you have tested this system in either historical scenarios or a demo account. Not available for US residents.

Commissions for CFDs

Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. Key Features of PrimeXBT Margin Trading. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Keep up the great work. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. To pass the KYC process, usually, you might need to provide a government issued ID and proof of residence. The systems, strategies, and examples discussed are provided for educational and illustrative purposes and may feature hypothetical or simulated performance results, which come with inherent limitations. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. Unlimited for verified users. So, if you still are to begin trading on the platform, deposit the Bitcoins and enter the promo code to receive the benefit of this offer. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. The PrimeXBT App comes packed with many great features to enhance your trading experience. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. Other factors such as the size of the position also play into determining leverage on the platform.

What is buy and hold?

It not only looks great but also feels incredibly sturdy, which gives me confidence in its durability. These users are made up of skilled traders who enjoy a lucrative 10% of the profit earned by each of their followers, and users who want to copy the trades of skilled traders for some passive income. PrimeXBT has never suffered a hack or security breach during its operational history. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. The fees on Bybit will also vary depending on which market or contract is being traded, you can find a full breakdown on the Bybit trading fees page. At the moment, an API interface is not available. Leveraged tokens have become a very popular product and are now offered by many of the major exchanges. When the gathered data is aggregated, analyzed and put into a comprehensive chart, it’s your time to browse it and choose the best cryptocurrency exchange according to your preferences. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. In addition, with only seven trading pairs, PrimeXBT’s asset selection is limited compared to some alternatives in the market. PrimeXBT does not offer swap free trading via Islamic accounts at the present rate. One of its entities is also licensed and regulated as a crypto wallet. PrimeXBT offers leveraged trading of up to 100x on some assets. PrimeXBT offers specialized copy trading accounts where strategy followers and providers can connect and interact. Lastly, keeping abreast of market conditions and adjusting staking strategies accordingly is vital. Additionally, choosing assets with lower overnight fee rates can help in minimizing costs. Once you have selected the desired exchange direction, the amount of currency to exchange, and chosen a fitting exchange rate, click on the blue ‘Confirm’ button to execute the exchange. They are not charging settlement fees on the contracts but are charging an overnight rate for holding the position. PrimeXBT offers specialized copy trading accounts where strategy followers and providers can connect and interact. PrimeXBT is not currently regulated or licensed, which raises safety concerns as it’s harder to ensure the safety of user funds and transactions. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. PrimeXBT does not charge for deposit or wallet creation. In terms of funding an account, there are no fees that are applied to inward payments.

Download the APK:

Information regarding past performance is not a reliable indicator of future performance. Stay active in online trading communities and follow relevant blogs where promo codes are often shared. 001 range throughout the year. Our human support team is here to help 24/7, in your language. PrimeXBT does not charge inactivity fees, meaning there are no costs associated with maintaining an account that is not actively being used. We personally contact support using all available methods and present hypothetical problems that users might face. There is also a separate module for copy trading, which allows you to select trading strategies for autocopying trades. At PrimeXBT, we aim to provide convenient and efficient deposit options to meet the needs of our diverse client base. The advantage of a CFD is that it frees up a lot of the complications of taking delivery of an asset, in this case, a certain amount of currency, and therefore the trader can focus solely on the direction of the market. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. Leadership at Threenvest. The platform must also include a variety of trading tools, charting software, and exposure to several assets under one roof. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature. Once funded, you can access various trading instruments, including Cryptocurrencies, Forex, Commodities, and Indices, using leverage. Before putting any money to work in the Forex market, you should do some analysis. My tests revealed that PrimeXBT’s trading fees are average to slightly high compared to industry standards. Her answers were timely and well informed.

How often do I have to pay funding fees on an open position?

On PrimeXBT, users are allowed to speculate on the price movement of various assets with Bitcoin. Because it will force you to slow down and make decisions based on rational thinking rather than emotion, and will also inevitably lead you to think long term. 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. PrimeXBT is a margin exchange that trades mostly in up and down markets. You can use a third party P2P service such as Paxful that is available in alternative deposits section of your account to find merchants who accept Paypal for Cryptocurrency purchases. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Launched in 2017, dYdX operates on the Ethereum blockchain and specializes in perpetual contracts, spot trading, and margin trading. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. A cold storage wallet is a solution for storing crypto assets that isn’t connected to the internet. By voluntarily scaling back its mining operations to avoid a 51% attack risk, the company set a precedent for ethical behavior in the crypto industry. Setting a stop loss order on the PrimeXBT platform. 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. Share strategies and collaborate using social tools. A copy trading strategy follows another trader, hoping to. By the end of this article, you will have a clear understanding of the costs associated with using PrimeXBT, which will help you plan your trading strategies more efficiently. Compensation Fund per user. This guide provides detailed instructions to ensure a smooth installation experience, catering to both novices and experienced traders alike. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The usefulness of smart contracts, high speed transactions, and anonymity can all be enhanced with the help of parachains. However, many platforms, whether they are centralized or decentralized, have numerous issues and weak points.

Fat Pig Signals

PrimeXBT leverages Cloudflare’s technology to protect against DDoS attacks and the security team routinely runs tests and updates to ensure the security of the platform. The easiest way to picture margin trading is by using division. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. Effective trading strategies include. It stands out among competitors like OKX and BingX. The potential profit depends on market conditions, your investment size, strategy, and risk management practices. The following year or two will more likely than not have more to do with adoption and trust and a lot less to do with speculation. When we used PrimeXBT, we were reassured to see that the brokerage offers a demo account through its Contests. PrimeXBT implements industry standard financial monitoring procedures as a part of our AML to call attention to any assets or activities that may require additional CDD Customer Due Diligence review. To generate a meaningful return, it is advisable to consider more substantial investments. It will be much quicker to shut down the entire stock market if it falls too quickly, with the regulatory reach being much quicker in centrally controlled economies such as China. Trade Crypto Futures Contracts incl. It is important to remember that Stop Loss/Stop Buy orders are triggered when top of the book ASK quotes reach the price specified in your Stop Loss/Stop Buy order. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. 23 to a bid price of $160. TAGS:CRYPTOCURRENCYFOREX. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. This is where you’ll be able to apply the promo code for the bonus. The trade fees are very straightforward. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. PrimeXBT offers various promotions and bonuses throughout the year, including special deals during Black Friday and Cyber Monday. Seek independent advice if you have questions or do not fully understand the risks. The average trading costs for the EUR/USD at PrimeXBT are.

Darmowe Hazard Automaty Hot Spot Bezpłatne Zabawy Hotspot

5x leverage means you can control a leveraged position five times larger than your initial investment. Long selling is buying low and re selling high. There are three simple steps in order to receive the bonus. 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. To celebrate 9 years of blockchain brilliance, PrimeXBT is splitting 1 ETH between 50 lucky traders. 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. While PrimeXBT impresses with its wide selection of crypto CFDs and crypto futures, its overall instruments offering has a rather narrow scope. Human help when you need it. PrimeXBT is a cryptocurrency and forex broker established in 2018.

Recent Comments

We’re here to help you make the most of your trading experience. Its blog site states that it plans to roll out a way to earn interest, but it’s not clear what tokens or coins will be eligible. None, registered in Seychelles and Marshall Islands. The order types are the usual: Market, Limit, OCO one cancels other, Stop, GTC good till cancelled and Protection orders Stop Loss and Take Profit. جميع الحقوق محفوظه 2016. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Cryptocurrency investing and trading is different from traditional investing in a good way, as this space has been built to be very inclusive and have little to no barriers to entry. Covesting Copy Trading is beneficial for new traders looking to learn trading strategies by analyzing successful trades, as well as for those seeking passive income. None available at this time. Green hammers are stronger signals than red hammers, but as the example of Bitcoin’s bottom in 2015 shows, can still be strong in their own right. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. Due to the potential advantages it offers, as well as the distinctive opportunities and problems it presents, this notion has grown in popularity. I want to be a members member. After reading many of the reviews online and testing out the platform myself, it is evident why this platform has accumulated some awards and has attracted millions of users, there isn’t much fault to be found here. Referral System: PrimeXBT offers an affiliate referral system that allows users to earn 20% by referring new users to the platform. Elections will most likely have an impact on global markets, no matter their outcome. He received his MBA from the Wharton School in May 2007, with a major in Finance and Entrepreneurial management.

Credit/Debit Card

This is also why the Covesting platform leverages the Ethereum blockchain; to make all gains from copy trading transparent and publicly verifiable. What Makes EUR/USD the Most Traded Currency Pair. I will post pictures of the emails to prove the responses. By deciding to host a masternode, the network will pay you a certain number of coins of that cryptocurrency, however, to host a masternode you are often required to be holding a substantial amount of the cryptocurrency to even be considered. There is also a mobile version an application, which has somewhat limited functionality, but is generally similar to the main version. In just the last few months, exchanges that formerly required no KYC like OKX, Bitget, and KuCoin have all either implemented KYC procedures, or withdrawn services from the US due to the harsh regulatory environment for crypto exchanges. Copy and social trading have become massively popular and is a feature that is supported by many popular trading platforms like eToro and Avatrade. By focusing on high probability setups and avoiding overtrading, traders can reduce the cumulative trading fees. Open the downloaded file and tap Install to complete the installation. Considering its features and risks, PrimeXBT stands out for experienced traders but may not be the best choice for those new to trading or risk averse individuals. March was yet another strong month for Cryptocurrencies, especially Bitcoin, meme coins like Dogecoin and Shibu Inu, and altcoins from. Coinbase is ideal for beginners because of its user friendly interface and strong regulatory support. In February, the price ticked up just a bit to $0. The exchange does not currently offer fiat off ramps for withdrawals. Range trading means trading the range, i. This allows for pure price speculation without taking custody. It is worth noting that Perfect Money charges the 1. Calculation formula: Funding rate % Asset price Amount position size. 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. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. This can be quite intimidating and difficult to follow as certain companies can be affected differently, but there are other options which are seen as much safer alternatives. For our trading test, we thoroughly evaluated the PrimeXBT platform. By batching transactions together, the platform effectively reduces the cost per transaction on the network, benefiting users by lowering their withdrawal fees.

BITCOIN

Your new trading volumes will be collected according to updated rules, but rest assured that any old promo codes you have will continue to work as before. PrimeXBT offers an affiliate program for its global trading platform. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. Scan this code to download app. Its low trading fees and wide range of markets make it an appealing option for advanced and higher frequency traders who can stomach the risks and reward tradeoffs of leveraged trading. There is a multitude of indicators and candlestick patterns that traders will use to determine potential moves as well. As a global platform, it is important to understand the countries where PrimeXBT is supported and those where it is restricted. This helps ensure that there is no single point of failure and less risk in the event of a single employee being compromised. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. Given the ever increasing news of cryptocurrency exchange hacks, one of the most important considerations for the trader is security. Even if you prefer not to download a mobile application, keep in mind that we offer a superb mobile version of the platform. BitMEX also provides various order types and advanced trading features. Once the withdrawal request is canceled, the funds will be returned to your account balance. Traders can also choose to transfer purchased coins directly to trading account balances to use as collateral for trading across more than 100 instruments, including Crypto Futures, Indices, Commodities, and Forex. Information regarding past performance is not a reliable indicator of future performance. Wide selection of traders to choose from for copying. If you are a 9 to 5 employee, taking advantage of this strategy may be challenging. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. PrimeXBT offers high leverage which can increase the potential for profits. Because the spreads are flexible, traders can take advantage of better pricing when there is a lot of liquidity. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders.

Crispus Nyaga

Comments: I get many bonuses and my friend also gains from prime xbt. Additionally, the platform complies with strict KYC Know Your Customer guidelines, which demand that users provide legitimate documentation in order to process withdrawals. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. Thus, for your long trade the commission will be 0. Date of experience: December 05, 2024. Users can access spot trading, futures contracts, and margin trading, all while maintaining their privacy. Overnight financing is not charged on weekends for markets that are closed during that time, however, a triple financing rate is due on Thursday 00:00 UTC. At PrimeXBT, we are committed to ensuring our trading environment stays aligned with the evolving market. The crypto sector can be lucrative, but it is also a risky investment. 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. The services of BingX are not available to Canadian citizens, who are directed towards other beginner friendly exchanges such as Uphold. Once you have arrived on their platform, you will have the ability to make deposits using the software itself. Active Trustpilot subscription. Note, the program is exclusive to PrimeXBT accounts. If there’s anything else we can do to enhance your experience further, please don’t hesitate to reach out to us via live chat or email at. We have the fee breakdown for a selection of assets in the table below. Crypto exchanges offer varying leverage ratios when trading Futures. Their platform allows traders to perform completely automated trading, without the need to constantly monitor their portfolio, through their own proprietary trading bots. It also provides discounts to high volume traders. How to get free USDT with our latest Galxe Quests PrimeXBT gives traders even more ways to earn free funds.