PrimeXBT Team

There are a few areas in which PrimeXBT shines. Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity. By analysing these four phases, a trader will also know whether the market is bullish, bearish, or consolidating. Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. As such, it has a higher barrier to entry than other exchanges. At present, there is no demo account. Traders can also benefit from zero commission and spreads as low as 0. In 2018, FINMA stated that it would take a “balanced approach” towards the cryptocurrency industry and allow “legitimate innovators to navigate the regulatory landscape”. Opportunities for advancement and career growth. Traders can open positions on the USD, the British Pound, the Yen, the Euro, and so forth. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. Best regards,The PrimeXBT Team. The program is designed to accommodate a wide range of partners, including affiliate marketing professionals, media resource owners, education centers, and traders with active communities. However, we give you a deeper analysis so you can decide which bitcoin trading platform suits your unique requirements best. Polkadot ensures that parachains can benefit from the network’s overall security by using the shared security principle. Huge leverage that can be a double edged sword and no account verification the client doesn’t have to go through KYC procedure. Feel free to contact us if you believe that content is outdated, incomplete, or questionable. All of this adds up to a huge selection of algos for automated crypto trading on some of the most popular crypto exchanges out there. Slippage refers to the discrepancy between the expected stop price and the actual execution price. Thank you for choosing PrimeXBT. The simple pressing of a button allows the trader to get in or out of the market, while all of the financial calculations are done “under the hood. Trading involves risk. إنه لمن الرائع أن تقدر الخيارات الواسعة لعقود العملات المشفرة الآجلة، ومجموعتنا المتنوعة من العملات الرقمية، وهيكل الرسوم التنافسي لدينا. Our website uses cookies. Topping up your wallet with crypto using your credit card is just as easy. If you find someone willing to bet against you, you will get returns if your prediction is realized. PrimeXBT Contests provide an exciting opportunity for traders to participate in risk free trading competitions using virtual funds. It makes sense since Bitcoin, Ethereum and Tether are the most visible and mainstream Cryptos, so when they see substantial gains, this will likely attract both Crypto investors and laymen.

PrimeXBT Scam or legit crypto exchange

The next step in trading Bitcoin is to have a well defined, written trading plan. Though on the flip side, being an unregulated broker means you need to place a lot more trust in the company and are depositing funds at your own risk. GalaxyTrading, a well known trading desk and technical analysis team, believes Litecoin could hit $1000 by the end of 2023, making it one of the most bullish firms. Whether or not the cryptocurrency exchange allows their users to remain anonymous. Bitcoke also follows the regulations and laws of Hong Kong, which is one of the most crypto friendly jurisdictions in the world. 12 milliseconds on average. When the exchange measures its slippage, you can see that 94% of users orders were met at Quote or better Source: Blockgeeks. Crypto Withdrawal Fees. Before we get started, PrimeXBT offers the following highly sought features. If there is a case where a trader exhausts their equity and the value of their account falls below a certain level, they will get what is termed a “Margin Call”. The solution consists of the order management system, the dealing terminal, web, and iOS/Android trading terminals – all white labeled and customized for crypto trading to the client’s specifications. The platform is very professional so the company behind the trading platform seems to consist of a highly professional team of trading experts and developers. With high leverage options, it can be an ideal choice for those interested in social trading in crypto assets, commodities, and forex source. Since Retrageri PrimeXBT then, he has created over 100 exclusive articles and edited over 300 articles of other authors. Trade Forex, indices, commodities, and cryptos with ease, no matter which way the market moves. With Bitcoin nearing $50k levels, there is cheer in the crypto industry, which is helping the buying sentiments towards other cryptos. 💸 Enjoy copy trading, powerful analytics, real time news, forecasts, and trading signals. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. You also get access to the latest press releases by leading digital tokens. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. The image below explains a bit better how it works. Our writers’ and journalists’ opinions are solely their own.

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In the ‘Margin’ page, select the appropriate margin account, enter the promo code, and click ‘Activate’. When it comes to withdrawals, PrimeXBT supports both fiat and crypto options. Nope, it’s currently unregulated by financial authorities. Scan this code to download app. The infomation on this website is not fiancial advice. While some hedge funds blew up, some retail traders became overnight millionaires. X200 leverage futures contracts can be very intense, and poor market movements can easily harm a person’s finances. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. Your complete gaming activity across casino games and sports betting is meticulously tracked and compiled into detailed records and statements. PrimeXBT boasts an impressive suite of innovative tools and features, along with favorable trading conditions that are highly beneficial for traders. We strive to provide valuable and educational content to assist our users in making informed trading decisions, whether they are seasoned traders or new to the market. Leveraged tokens have become a very popular product and are now offered by many of the major exchanges. PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. The Covesting feature allows investors to browse the investment portfolios of other traders who have a proven track record and copy them. These are the account administration section, the information section and the actual trading platform itself.

Welcome back

Hello Gabriel,Thank you for sharing your experience with PrimeXBT. Contracts for Difference CFDs: Users can gain exposure to Commodities and Indices through Contracts for Difference. You are now one of the early adopters of the cryptocurrency and are partipiating in what could ultimately become the future of money. As a trader that is a huge difference on managing your risk. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Address:Suite 201, 2nd FloorThe FirsCnr Bierman and Cradock AvenuesRosebankJohannesburg2196. Hold your investments in a cryptocurrency exchange, custodian, or digital wallet until you’re ready to sell, making crypto trading a strategic and flexible endeavor. Sign up take less than 40 seconds. Bitvavo is a cryptocurrency broker based in Netherlands that launched its service in and offers individuals to buy and sell more than 80 cryptocurrencies. This allows the trader to understand how much they are risking, in order to keep from overleveraging their account. Receive the latest news and stay informed. CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades. Before we get started, PrimeXBT offers the following highly sought features. This is one of the core components of a well maintained cryptocurrency exchange. Between 74 89% of retail investor accounts lose money when trading CFDsYou should consider whether you can afford to take the high risk of losing your money. Leverage creates additional risk and loss exposure. After making a deposit, funds will be credited to the personal “Wallet” balance.

Exchange Trade Volume

It could be a personal safety issue. As far as this PrimeXBT Crypto Futures review is concerned, I should also note that users are also capable of accessing unmatched liquidity, the likes of which cannot be found on most exchanges. Warning ⚡️: Trading leveraged futures products is incredibly risky. So, if you are looking to diversify tradeable assets, PrimeXBT will likely be your choice. With PrimeXBT trading, users have access to high liquidities across more than 80 asset classes, including PrimeXBT Forex trading, indices, commodities metals, gas, and oil, and cryptocurrencies Bitcoin, Ripple, EOS, Litecoin and of course, Ethereum. Don’t confuse market risk with poor trading. If you choose to purchase crypto first from a crypto exchange, funding your account is relatively simple. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. Furthermore, utilize the trading platform risk management tools, including stop loss and take profit orders, to lower the potential for losses and lock in profits. To view or add a comment, sign in. Chart features include. When your computer is hacked, your password will be taken from you like bitcoin, ethereum and usd. However, since the Beacon launch. PrimeXBT offers leveraged trading up to 100 times the amount you contribute. Returns or profits may be subject to capital gains tax. The digital currency earned itself the moniker of digital gold, but Bitcoin even has more benefits beyond the precious metal. I’ve already mentioned the charting functionality being powered by Tradingview, which is excellent, but users also have the ability to change to a standard chart or depth chart for another look at price and orders. I traded ether here and all my trades went really well.

Downfall

Chainlink’s decentralized oracle solutions have been widely integrated into various blockchain platforms and decentralized applications dApps. In order to service their current payments and withdrawals, they will also need to run a “hot wallet,” but only a limited number of coins are kept in this state. We observe accessibility issues to PrimeXBT trading platform. According to Santiment data, the coin’s social volume was high, indicating its popularity in crypto. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. CFDs track the price of the underlying asset, in this case, Bitcoin, and traders can profit from the differences in buying and selling prices, just like they would if they had bought a Bitcoin on an exchange. To make deposits and withdrawals of fiat money like USD, you can make use of Advcash and Perfect Money. It is essential to notice that you do not transfer capital to the asset manager, but only follow his trades; thus the process of copying trading positions occurs automatically. Reading the cryptocurrency market does not need to be a complex process. The trading platform on PrimeXBT may not look as flashy as what OKX has, but it serves its loyal followers well, even if it does seem slightly dated. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. To provide a clear example of how leverage works, think about buying 10 BTC for $10,000 each. You might also like: PrimeXBT Sign up Bonus. Please enter the desired amount that you would like to transfer. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Margin money goes a lot further than the money deposited in a cash account thanks to leverage. While a $100 investment in Ethereum might not guarantee immense wealth, it can be a strategic first step towards a brighter financial future. PrimeXBT stands out as an all encompassing trading solution, offering a wide range of assets, including Cryptocurrencies, Commodities, Forex, and Indices. ➡️ 300–600 BTC: 25% discount. However, there are a lot of “purists” out there that believe that BCH is the true version of BTC, and many people believe that it will be a more useful form of money. The exchange is available to traders, and its primary cryptocurrency features include copy trading and margin markets. PrimeXBT supports trading Crypto, Forex, Commodities CFDs, and Indices CFDs. This noteworthy growth suggests that Stellar’s blockchain technology may be used in more financial applications, including international payments and remittances. Fundamental analysis is also important for investors.

Pros

Visit our Help Centre. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions, margin interest and other costs, and are not guarantees of future results. I only have one concern but I cannot say it is an issue at the moment. The required interest varies based on the loan amount and the brokerage you choose. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. It is often referred to as digital Gold. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken. Here’s a test with Compatibility Mode enabled. Trade fees, overnight financing charges and settled PandL do not affect Bonus amount and are charged or booked to Trading account balance. The fundamental analysis increases the chances that you are making an informed decision. At its core, PrimeXBT stands as a comprehensive trading hub, particularly noted for facilitating the trading of popular cryptocurrencies against the US dollar, including key Bitcoin BTC pairs. Scan this code to download app. Finally, the user clicks the “Submit to withdraw” button, opens his or her email, and confirms the withdrawal. 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. 12 milliseconds on average. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. Supported CFD Commodities include Aluminium, Brent, Copper, Crude, Gold, Lead, Natural Gas, Nickel, Silver, and Zinc. It also gives them the ability to reach out to customer support right there in Telegram. In fact, the margin account allows you to trade more than you normally would, but it should be recognized that it is a loan that facilitates this possibility. 002 ETH per transaction. Related: MEXC Review 2023: How Safe and Legit is MEXC. All prizes are in the form of trading bonuses, which traders can use as margin to open positions in actual trading accounts. It provides a user friendly and customizable interface, with advanced trading tools and features. Information written by the company. CEO / Owners: Malik Amurlayev. For most traders, this is probably more than enough, but it is sure to disappoint some individuals who prefer working with smaller altcoins.

Helpful tools

We have arranged all the widgets accordingly. The copy trading interface is quite neat and simple to use. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. June was yet another challenging month for the Crypto market, giving credence to the old adage “sell in May and. To help direct our clients through the process and provide an example of just how easy it is to use the module to buy Bitcoin and fund your account, we have put together the following helpful ‘how to’ guide. PrimeXBT shall not be responsible for withholding, collecting, reporting, paying, settling and/or remitting any taxes including, but not limited to, any income, capital gains, sales, value added or similar tax which may arise from Your participation in trading with margin. However, it’s worth noting that it is much easier to do it in the CFD market than it is through the perpetual futures contract, and you have much more ability to leverage your position size, increasing your profits. To claim the PrimeXBT 35% deposit bonus, CLICK HERE to register, and use bonus code HORUTA. To sum up our guide on the best no KYC crypto exchange, you have many choices as listed above. Crypto Withdrawal Fees. 👔 LinkedIn: Network and stay connected with PrimeXBT on LinkedIn. We strongly encourage you to conduct your own research and exercise informed judgment when making financial choices. PrimeXBT offers seven cryptocurrency trading pairs one of the lowest among active exchanges. CFD trading is suitable for everyone as long as they use a trading calculator to completely comprehend all aspects of their position, such as potential profit, risk to reward, any loss if a stop loss is triggered, and so on. Staking COV tokens unlocks the following benefits.

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Test it out with a demo account using virtual funds. However, this goes even higher to a maximum leverage of 200x for BTC and ETH margin trades which is higher than Binance , Bybit, and Phemex based on our reviews. Thanks to the fantastic mobile app, traders can also take their trading on the go. Earn up to 75% of profits as a follower, while providers benefit with up to 20%. Bybit also felt more modern, ergonomic, and was more aesthetically pleasing in my opinion and felt more akin to a crypto exchange. Sometimes, traders will find correlating assets or companies to do the same thing as well. These products are not suitable for all investors. To the left of this is the option to switch from a candlestick chart to a line graph or bar graph. All of this rests on the Shib Army continuing to grow and develop dApps on the Shibarium layer 2, building use cases and attracting users. Any position closed before 00:00 UTC will not be subject to overnight financing. Past elections have acted as the catalyst that once past, leads bulls into a new rally and Bitcoin toward new all time highs. It is important to remember that each promo campaign is subject to a unique set of rules and conditions. 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. Over its 133 active days, it has garnered an equity of 0. One of the standout features of PrimeXBT is its security and trustworthiness. Rewards: Account holders can earn rewards via the Rewards Center. 💰 No minimum deposits required 🤝 Copy trading features available ⚡️ Fast execution times 🌟 Wide range of assets to trade 🔒 Proprietary wallets for security 🛠️ Market tools and customizable interface 📚 Educational materials provided 🆓 Demo account option for trying out the platform 🌐 24/7 customer support available. To purchase BTC in US dollars, users can pay with Visa/Mastercard or via bank transfer. The commissions for trading crypto futures are many times lower than from other crypto exchanges. The platform has some of the highest safety standards around, and recently received an AFS license from the ASCI.

Gaurav Roy

Prime XBT does not provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned. Prime Technology Ltd is PrimeXBT’s Technology Provider. However, cryptocurrencies can still be deemed illegal in countries where they have been banned. Upon her friend’s recommendation to invest in Bitcoin in 2015, she became interested in all things crypto. You can profit from both upward and downward price movements based on your predictions. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. By subscribing you agree with Finbold TandC’s and Privacy Policy. The best aspect of this dashboard is that it is highly customizable. Offering a great way to invest in the overall market’s growth. Awesome didn’t believe it until I was able to withdraw. Join the thousands already learning crypto. Prime Technology Ltd is PrimeXBT’s Technology Provider. 2024 00343, having its registered office address at PKF Corporate Services Ltd.

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You can use the “Filter” icon to find the strategies that best suit your desired risk and reward ratio. PrimeXBT is not available for users located in the USA, there is no “PrimeXBT USA” option as there is with other platforms like eToro or Binance. This was ten years in the making, having failed SEC approval many times. This means that the value of the initial $12,000 investment has grown to a value of $15,960. PrimeXBT supports the trading of Crypto Fiat trade pairings. 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. The benefits that PrimeXBT provides are outweighed by the negatives. Best regards,The PrimeXBT Team. Features That Make Margin. Private keys are typically a 12 word seed phrase. You can learn more about the asset manager’s strategy by clicking on it. Most traders will look at their account to determine proper position sizing, and trade accordingly. Most of the funds that are held at PrimeXBT are kept in cold storage. Dogecoin price resumed it’s infamous fall, as the Crypto winter took its subsequent toll. This can be done without the struggle of having to own and store the physical assets. These products are not suitable for all investors. 9232, a meteoric rise from the previous years, likely driven by increased adoption and recognition of the Polygon network’s potential. Contribution hidden for you. Table of contentsWhat is a demo account. However, the financial situation has most certainly changed, as the Federal Reserve has recently started to tighten monetary policy. Everyone loves to hate the coin, so when it takes off, it puts haters in their place. Additional terms may apply to free offers. Some of the more popular trade pairings include but are not limited to BTC/USD, DOGE/USD, EOS/USD, ETH/USD, LINK/USD, SHIB/USD, SOL/USD, and XRP/USD. Crypto Futures: Users can trade perpetual contracts via the Crypto Futures platform. On the flip side, the isolated margin allows you to allocate a specific amount of margin to each open position.

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In the buy crypto section of the platform, users can exchange their crypto for fiat currencies and withdraw to their bank account. Our website uses cookies. Otherwise, please leave this website. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch and More. Prime Technology Ltd is PrimeXBT’s Technology Provider. Users can deposit PrimeXBT supported Crypto, purchase Crypto with a credit/debit card, or deposit Fiat. PrimeXBT ensures security with 2FA, SSL encryption, DDoS protection, and more. Our copy trading platform provides a few levels of funds and data security through 2F authentication, cold storage, SSL encryption, and other robust tools. This allows you to quickly swap one crypto asset for another on the platform. In today’s on the go world, having a quality mobile experience is essential for online casinos.

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Therefore, Namibians might have to use external resources for these tools and materials. PrimeXBT is a CFD exchange that offers a suite of trading markets, including some cryptocurrencies. 5, and Binance, which has a mere 2. In this article we cover futures trading in detail, see why PrimeXBT is the best platform for trading futures, and give a step by step guide for how to trade crypto futures on PrimeXBT. 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. However, Polkadot’s price again started a price rally in October but hasn’t yet crossed the $10 mark as of December 2023. Detailed performance metrics for traders. Hi sir it’s my first time I will do that please help with me I will earn something from you thank you. It’s standard practice to request transaction verification and complete KYC to comply with regulatory requirements, especially when processing withdrawals. While PrimeXBT is unregulated, its reputation has been mostly positive over the last six years, and users report generally favorable experiences with the various features described above. These are fraudulent schemes where scammers pose as individuals or companies claiming to help scam victims recover their money they lost in a previous scam. Apart from technical analysis, it’s essential to consider the fundamental factors when predicting Cardano’s ADA price. Your feedback is incredibly valuable as it affirms our commitment to delivering an exceptional trading environment. This type of trading that PrimeXBT offers allows you to take advantage of price movement without taking actual custody of the Crypto itself. Most Popular JSE Shares. PrimeXBT offers margin trading to enhance earnings. The exchange does not currently offer fiat off ramps for withdrawals. Traders can also use many technical analysis indicators such as momentum indicators, relative strength indicators, and volume based indicators. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Gemini is easy to use and offers a variety of trading features and rewards. Turns out, it was easy to replace my old contact info with my new number, and they also suggested that I activate my 2 factor authentication for an extra layer of protection. To register, go to the PrimeXBT homepage and click on ‘Register’. Prime Technology Ltd is PrimeXBT’s Technology Provider. Save my name, email, and website in this browser for the next time I comment. You might also like: PrimeXBT Account Types Overview. The exchange recently released its tiered fee structure for those traders who do a considerable amount of volume on the platform. Bybit follows a tiered structure with the following fees for Spot and Derivatives trading.