PrimeXBT Trading Platform – Relax, It’s Play Time!

• 13/05/2024

PrimeXBT Review 2024: Complete Exchange Overview

This means that user funds cannot be sent to a rogue address in the instance where an account is breached. Close By Position net out two opposite positions in the same instrument. We appreciate your patience and understanding as we work to address these concerns. PrimeXBT may at any time in its sole and absolute discretion, without notice or assigning any reason therefore, terminate a Promo campaign, or delete, vary, supplement, amend, restrict, withdraw, or modify any one or more of the Promo campaign rules and conditions, including without limitation, eligibility of any client. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. So please take note of these tips so that you can apply them in your next trade. I believe that blockchain technology can build a brighter future and am excited to be part of it. A pending withdrawal can be cancelled at any time before 12:00 UTC. Investors and traders can lessen position tài trợ PrimeXBT size or deposit more funds to prevent this from happening, and most platforms give at least some warning before this occurs. If you're looking to discover everything that there is to know about Ethereum leverage trading, then you've come to the right place. Altcoins are all the other cryptocurrencies in the market apart from Bitcoin. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Innovative, ALL IN ONE Affiliate Network. This is because they are one of the few exchanges that do not complete KYC or AML checks on their traders. Upon joining a contest, you will be provided with a free pre funded contest account. With a total of 67 cryptocurrencies available on its platform, you're going to find the most popular names, including Bitcoin, Ethereum, PrimeXBT Coin, Solana and more. 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. Similar to SOL, DOT's price experienced a correction and has since held steady at around $30 40 as of March 2023. Returns or profits may be subject to capital gains tax. 01 BTC as Trading account's Equity and you wish to trade BTC/USD. You can also see the projected losses in BTC above as well if you want to automatically close the position at that price. Related: Best Crypto Exchanges For Margin Trading in 2023. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative.

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Trades and strategies can be shared across social media and strategy managers can manage their strategies through the "My Strategies" area of the platform. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. It includes best Bid and Ask prices, and information about market depth. If that's difficult to understand, let's say you don't use Google sign in or social sign in. In the form above, you can fill in the desired amount of Bitcoin you want to transfer to your trading account. Learn more and get started today with a special new member discount. On the other hand, PrimeXBT's versatile platform, offering leverage up to 100x on crypto and up to 1000x on traditional assets, is appreciated by both novices and seasoned traders for its robust feature set. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. I strongly advise against using Primexbt as a broker. These products are not suitable for all investors. This was indeed also our experience. The crypto exchange puts a lot of focus on technological development, creating sleek trading platforms and copy trading tools. Slippage is the amount a price moves away from the intended entry. See the table below for the new account statuses after July 26th, 2021. Overnight Financing is incurred any time a position is carried into a new trading day, at 00:00 UTC. Account balances were also corrected to represent the actual state as if there would be no issue occurred. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. 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. Click To Check Out Copy trading At Primexbt.

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If you are trend trading – i. Any vulnerabilities or technical setbacks could affect investor confidence and the overall success of the platform. And as a result, Bitcoin projected growth is expected to be substantial and reflect its true value as a global currency. You can review current trading fees and overnight financing rates and detailed information about trading conditions for the selected instrument in the 'Contract Specification' section or on the main website page here. This compilation features a selection of the most authoritative XLM price predictions from industry leaders. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 05% per trade, regardless of whether you're a taker or a maker. Copy trading module – profit by setting up and managing your own Strategy and/or Follow copy Strategies of other successful traders. " Determine your position size by adjusting the "amount" field and set stop loss/take profit levels. If you are tired of getting the shivers from the fear of crypto winter, consider trading on PrimeXBT starting today. The PrimeXBT system will warn traders if the order is too high or too low. As per the company's website, any withdrawal requested before 12:00 UTC will be processed on the same day, but withdrawals requested after 12:00 UTC will be processed the next day only. The crypto market is open 24/7. Chainlink uses advanced cryptography to ensure data privacy and prevent tampering when transmitting information on chain. Covesting works well for both new and experienced crypto traders. Dear MailenThanks for your high score, PrimeXBT appreciates your opinion and feedback. The PrimeXBT trading platform has a proven track record of being straightforward in its fees. This makes for a daily rate of 0. Both experienced and semi experienced traders use their platform and their innovative one click trade system is what most traders are looking for. Also, the service does not have an API, which is not a critical flaw but acts as a limiting factor for business projects wishing to cooperate. This was roughly at the same time that Bitcoin broke the $60,000 barrier, but since then has seen very little in the way of bullish price action. It allows traders to potentially amplify both profits and losses by using borrowed money. Direct deposits from your bank card to PrimeXBT are currently not available. Forex Trader to Follow on InstagramForex Traders to Follow on YoutubeForex Traders to Follow. To begin trading, you will need to move funds from your Wallet to your Trading Account by clicking the 'Transfer' button on the Main page. On the other hand, Polkadot does offer an exciting value proposition because it allows for the secure exchange of information between 2 blockchains without exposing the users to nefarious actions via transactions. 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 single factor makes this platform even worse than a scam, because it looks clean from the top, but it will rob many users unknowingly.

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Alternatively, if you want a more risky trade, you can go ahead and open a larger position. At the moment PrimeXBT supports BTC, ETH, USDT, USDC and COV deposits using the following networks. Withdrawal fees also apply and are charged as a flat rate, regardless of the size of the withdrawal. Lastly, when it comes to withdrawals, PrimeXBT is one of the few exchanges that require a mandatory white labelling of Bitcoin addresses. A common question is: can I lose more than I deposit into the exchange and then be in debt to PrimeXBT. Manage Crypto Asset – trade, and store digital assets securely. 0005 BTC for Bitcoin withdrawals. PrimeXBT does not charge fees for Crypto and Fiat deposits. This review will explain why PrimeXBT is a revolutionary crypto futures platform. One major difference from mining is that using hardware and spending additional power is not necessary for being a part of the stake pool. Cryptocurrency futures contracts are financial derivatives that allow traders to speculate on the future price of a cryptocurrency without actually owning the underlying asset. The platform is user friendly without compromising security, which is yet another reason for more experienced traders to prefer it. I really love to use Prime XBT because of it has a cheap way in sending coins and receiving it. Most Popular 20 Global Stocks. PrimeXBT provides 24/7 customer support through live chat, typically responding to queries within 2 minutes. We recommend using a unique Email+Password combination that you are not using for other services. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. You might also like: PrimeXBT Fees and Spreads. A trading portfolio can be built using long and short positions on more than 100 different of today's hottest trading pairs. Meanwhile, busy traders find it convenient due to their limited time to engage with the market actively. Investors can buy coins such as Binance Coin BNB, USD Tether USDT, and more without any KYC. Liquidation is the automatic closing of all currently open positions at market price, if margin requirements are not maintained. All reviews, either positive or negative, are accepted as long as they're honest. Warned away by Trustpilot. And it's not just for aesthetics, but to be able to use more user friendly platform. That makes RippleNet and XRP Ledger faster at processing transactions than proof of work blockchains like Bitcoin. When positions remain open at the time of completion of a contest their Unrealized P/L will be included in the final total profit calculations. With this aspect of the PrimeXBT Crypto Futures review in mind, it makes it clear just how user friendly and accessible the platform is. It simply involves buying a cryptocurrency, like Bitcoin, Ethereum, Ripple, or Litecoin, and holding onto that asset until it appreciates in value.

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All contents on this site is for informational purposes only and does not constitute financial advice. Embedded order book is useful too. PrimeXBT has not provided an explicit reason for this, but it can be deduced from their stance on financial safety that it was implemented as a type of implicit risk management protocol. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Everything is well laid out, not cluttered, and easy to find with intuitive drop down menus. PrimeXBT charts reflect top of the book BID quotes received from our liquidity providers not FILL prices. PrimeXBT is a crypto exchange based out of the Seychelles, it's one of the few exchanges out there which has their company registration there along with other prominent names such as Huobi and BitMEX. The most important thing is trust for primeXBT. At the time of this writing, the supported coins include Bitcoin BTC, Ethereum ETH, EOS EOS, Litecoin LTC, Ripple XRP. Go to your Dashboard, click 'deposit' for the currency that you want to deposit, select the required network if necessary, copy your PrimeXBT wallet address and paste it into the destination field on the site from which you are transferring funds. Navigate to "the Accounts" section of your account, select the USD Wallet and click the blue 'Add money' button to make a deposit. Remember that leverage trading works so that you can get a return if the market price of a particular asset goes higher or lower. And have it transferred to your PrimeXBT wallet. Of course, the same can be said if the prices moves in the opposite direction, but with negative returns. So, you choose to sell BTC at $60,000 for a total short position of $600,000 in value. Specifically, the price for each of these instruments is calculated using a weighted average between the 1st and 2nd month Future Contracts.

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Examples of cryptocurrency tokens include Tether, Chainlink, Uniswap, and more. PrimeXBT provides wallets for BTC, COV, ETH, USDC, USDT, and US dollars. If this is something that you would like to get involved with then you will need to get your referral code. No KYC for registration will suit many investors. However, there are inherent risks with any new technology. To purchase BTC in US dollars, users can pay with Visa/Mastercard or via bank transfer with SEPA. These include ADA/BTC, DOT/BTC, EOS/BTC, ETH/BTC, LTC/BTC, and XRP/BTC. Bitcoin margin trading has helped inject institutional investors into the industry, which is a significant factor behind Prime XBT's popularity. Bitcoinsensus will not be held liable for any losses that you may incur by speculating in the market. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. As a Follower, you earn when the traders you copy are successful. If you use 100x leverage, which is the highest leverage possible on PrimeXBT, it only takes a 1% drop in the Bitcoin price for us to reach the liquidation price. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Our 24/7 support team here to helpLive chat. Make sure to check our FAQ section about 'Withdrawing funds' for the list of withdrawal fees. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company.

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This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Users can also click on any of the included wallets protected by bank grade security to make a deposit or a withdrawal to and from the account. Buying Bitcoin typically involves a debit card or credit card. Date of experience: February 11, 2021. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. A withdrawal requested before 12:00 UTC will be processed on the same day. The withdrawal fee is a flat fee i. Fiat exchange services are subject to and governed by Baksta UAB's Terms and Conditions and Policies.

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Returns or profits may be subject to capital gains tax. There are numerous cryptocurrencies exchange platforms, the following list the most popular providers. The exchange offers industry standard cold wallet storage and other security features. By signing up, you agree to the our terms and our Privacy Policy agreement. Cryptocurrency is a broad term that refers to any digital asset that works as a transfer of value and medium of exchange, where both the coin or token and transaction records are stored via the blockchain using cryptography for security, verification, and more. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. ERC 20 tokens are transfered over the Ethereum network. If no slippages in the crypto market, especially during nighttime trading, PrimeXBT would be a perfect platform for me. ADA's early market success could be in large part attributed to the ICO craze of late 2017 and early 2018, which saw numerous tokens reaching multi billion dollar valuations. All Crypto Exchanges may look similar to you but they're NOT all the same. PrimeXBT currently offers a $200 welcome bonus on your first deposit on the trading platform. Complete the official BitDegree Web3 Exam and get rewarded. The charts are useful in helping traders identify up and down price trends for the assets they're watching. Trade: Details of orders and positions can be found on the trade page. Technical analysis can be a powerful tool. The star rating system is not visible here, but you can see their active days, maximum profits, and maximum equity. Buy Amazon StockBuy Apple StockBuy Tesla SharesBuy Meta SharesBuy Google SharesBuy Pfizer StocksBuy NVIDIA StocksBuy AMD StocksBuy Microsoft SharesBuy Pepsico SharesBuy Adobe SharesBuy Intel SharesBuy Paypal SharesBuy Starbucks SharesBuy Netflix SharesBuy Moderna SharesBuy Zoom SharesBuy eBay Shares. Users trade at their own risk. As initial deposit at least 0. When automatically re entering a Strategy with a new Following, an entry fee equal to 1% of the initial Equity is deducted from Wallet balance. The prices of commodities BRENT, CRUDE, and NAT. Com App is a digital currency brokerage that acts as a custodian and stores the cryptocurrencies for clients. Our recommendation is to look for a trading platform that offers 100% halal trading solutions, of which there are many. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. 0001% on forex, indices and commodities. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. PrimeXBT offers a decent copy trading service where traders can follow the strategies of other users with free and paid for signals. PrimeXBT is no exception. It's a nice running platform, but really not suitable for overnight trading.

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Among the best copy trading systems in the industry, Bybit exchange gives a 10 percent cut to the owner of the copied trade. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. 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. 👉 Sign up for PrimeXBT and secure your 35% bonus. Fiat exchange services are subject to and governed by Baksta UAB's Terms and Conditions and Policies. When it comes to the charting package, PrimeXBT seems to have quite a comprehensive charting functionality. PrimeXBT also charges overnight finance fees for holding a position open overnight, but this varies from trading pair to pair. Trade worlds markets with 0 fees and tight spreads. The best thing about selecting an order type is that your order will be automatically fulfilled after the price reaches a specified level. By capping the leverage on isolated margin trades, PrimeXBT may be attempting to protect traders from the rapid exhaustion of margin in the face of volatile market shifts. For this example, we will be making a Bitcoin deposit. Because they were created as a less serious alternative to mainstream cryptocurrencies. After that, place stop loss orders and limit orders. Just click on the deposit button in the margin trading account section of the website and then deposit into the wallet provided. However, please keep in mind that a losing trade offers a bigger than normal loss as well. Your choice between Kraken and PrimeXBT should align with your trading preferences and the individual features you value most in a cryptocurrency exchange. Being a DeFi application offers a raft of benefits but also a few flaws. Now Managers can open copy trading Strategies denominated in COV.

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Hard to believe, the recovery of LINK and ETH won't be like 2020. Finally, execute the transaction by clicking "Send Order," with automated exit orders in place for added security. Consequently, to prevent the leveraged position from getting liquidated you should always set up a stop loss, this is extremely important. Join millions of users, from beginners to professionals, who use PrimeXBT to purchase crypto, trade, and manage their investments in a smarter way. Rewards: Account holders can earn rewards via the Rewards Center. Send an email with a subject 'Job application' to with your CV if you're interested in joining PrimeXBT team. The week has started with lots of hype surrounding the news of the 13th round of negotiations between the US and China and their ongoing 'trade war'. This is very low, especially when compared to other exchanges.