Compensation fund $20,000 per client

Regulated by the authorities in Cyprus. Coinbase is a public US company and offers transparency into its industry leading security along with its brand reputation, while PrimeXBT is not regulated and US users cannot use it. Trading financial instruments, including cryptocurrencies and CFDs, involves a high level of risk and may not be suitable for all investors. Click the ‘Trade’ button to start trading. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. If you ever need assistance, don’t hesitate to contact us at. 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. Overall, the PrimeXBT deposit amount required in order to open a broker account is $65 / R1 112,72. We’ve gathered some of the reviews about PrimeXBT from Reddit to provide you with transparent user experiences and opinions. The exchange has relatively low trading fees, with tiered discounts for CET token holders. Strategy Managers take the lead, controlling the trading activity of their managed strategies, while Followers seamlessly replicate these trades. You can use cryptocurrency or traditional money. This is exactly how PrimeXBT works, different from traditional crypto exchanges. 02% per transaction, with limited orders even enjoying a 0% fee. Below are the discounts that you can earn based on primexbt com the 30 day rolling trading volume. This lets you transfer funds from your existing decentralized wallet with ease.

PrimeXBT’s new Refer a Friend Program: Earn $300 USDT

Whether you’re a seasoned trader or a newcomer to the cryptocurrency market, PrimeXBT provides the tools and resources needed to succeed. To start trading with leverage and access all of the platforms features, you will first need to make a deposit to your personal wallet: BTC, ETH, USDT erc20, or USDC erc20. Users talk about the platform’s leverage of up to 100x. A Strategy is a pool of a trader’s personal funds which is visible to the public and can be Followed by others. Explore flexible promotional materials, a 60 day cookie duration, and monthly wire transfer payouts. Just follow what the pros are doing. Navigation was intuitive, with all the essential tools and indicators just a click away. Our clients love how fast and simple our sign up is. To trade Cryptos, go to the Trade dropdown menu and select CFD Trading and your trading account. Additionally, the exchange encourages its users to set up two factor authentication 2FA, which adds an additional layer of security to the platform. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist. When reviewing traders, carefully sort by monthly and overall profitability using Covesting’s built in leaderboard. Binance is a cryptocurrency broker based in China that launched its service in and offers individuals to buy and sell more than 90 cryptocurrencies. Scan the QR code with your device’s camera and get APK file. PrimeXBT is a CFD exchange that offers a suite of tradable markets such as crypto, commodities, stocks, indices and more in one convenient place. One of PrimeXBT’s standout features is its leverage trading, which allows traders to magnify their potential profits. We may receive a commission for purchases made through these links. We found the competitive side of the contests also provides a fun environment for users looking to trial strategies. Go to the main page of the site and click on the “Sign Up” button. Initially, the Beacon Chain was rolled out separately from Mainnet, but as various steps were completed, they originally merged into one entity. It is currently trading. At the time of this writing, the supported coins include Bitcoin BTC, Ethereum ETH, EOS EOS, Litecoin LTC, Ripple XRP. The integration of advanced trading tools and high leverage options allows traders to maximize their profits while managing risk effectively. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience.

Supported Countries and Regions

However, PrimeXBT is primarily a derivatives platform, and is not currently supporting traditional spot holding or swaps. This includes stocks, currencies, indices, and commodities. However, a disadvantage is that there is no service to clients from the US and Canada, with no dedicated phone support. There are a lot of advanced tools for effective trading and the interface with TradingView is really beautiful. Users can also customize the indicators in terms of the time frame and other important inputs. This indicates a high level of accuracy in order fulfillment, a crucial element in volatile markets where every second counts. 1389% based on the type of trade. BNB Smart Chain network BSC. The most straightforward mistake is not being aware of the type of margin trading you are using. Dear Jeronimo,Thank you for sharing your experience with the demo account. That’s why you always need to keep an eye open on your active trades. PrimeXBT differs slightly from the usability of the interface, but that doesn’t have to be a disadvantage. When the exchange measures its slippage, you can see that 94% of users orders were met at Quote or better Source: Blockgeeks. Should these ETFs receive the green light, the natural progression for these institutions involves delving into decentralized finance. This is why it is such an important criterion for us when we complete these reviews. Unlike most exchanges today, KYC verification is optional on PrimeXBT. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies.

Download PrimeXBT App

Verifying your account through the PrimeXBT Android app is quick and straightforward. Dear Leonardo,Thank you for your review. Copyright © 2024 EA Trading Academy. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. Select Accept to consent or Reject to decline non essential cookies for this use. Initial data: Resistance $200 = x / Support level $185 = y / Downtrend target = z. This comparison will delve into the detailed features, fee structures, security measures, and user experience provided by PrimeXBT and eToro. A realistic Ethereum price prediction is best thought of when trying to forecast this far out. Volume of $700,000 by trading CFD or Crypto Futures and get $20 on your trading account. Using portfolio tracking apps can be helpful in keeping tabs on holdings and its performance. You should diversify your crypto holdings. Titles should accurately represent the content being linked to and not be in all caps. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. With the recent concerns around the world for global stability and the possibility of contagion when it comes to debt markets, that also can push a lot of money into safety assets such as Gold. One of the main advantages of the platform is copy trading the ability to automatically copy other users’ trades and earn passive income. For USDT, USDC and COV deposits are available. Y gestiono todas estas órdenes a través de la aplicación para el móvil. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. This is for those who are not too price sensitive and are simply looking for a convenient way to swap some crypto. It is designed to appeal to both high frequency traders and those making occasional trades. The biggest concern about being involved in Dogecoin is that it could go to zero. It’s a win win for everyone. Having analyzed the PrimeXBT website, we came to the conclusion that, unfortunately, there are no special training programs or courses for beginner crypto traders. High performance also spills over into protection.

Written by Solidity Academy

However, users should be aware that depositing fiat currencies through third party payment processors may incur fees, which are determined by the payment provider. Leverage allows you to borrow capital from your exchange to increase your investment ability. 📈 PrimeXBT now features TradingView price charts across all assets, empowering traders with advanced technical indicators and comprehensive market analysis tools. Leveraged Products are derivatives and do not result in ownership or rights in the underlying instrument. Optionally, you can use the “Continue with Google” option to log in with your Google account. 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. Volume of $150,000 by trading CFD or Crypto Futures and get $5 on your trading account. PrimeXBT is a global trading platform that was founded back in 2018 and has its headquarters in the Seychelles and St. 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. We empower users of our platforms to take control of their finances. Download now and elevate your trading experience on the move. 2️⃣ You’ll be taken to a new page where you can enter your email and set your password. PrimeXBT offers some of the lowest fees in the crypto trading market. Date of experience: August 07, 2024. At first glance, they might look similar, but at a deeper dive, they are a bit different depending primarily upon what’s your exact requirement. Best regards,The PrimeXBT Team. Withdrawal Crypto and fiat. However, the lack of regulation remains a point of concern. Telegram Announcements. It should be noted that these are short term funds, because of the fees involved. As soon as you’re happy with the order, you can go ahead and press “Send order. Unlike most exchanges today, KYC verification is optional on PrimeXBT. With no fees on deposits and CFD trades, spread fees starting at 0. PrimeXBT does not charge inactivity fees, meaning there are no costs associated with maintaining an account that is not actively being used. It comes with an array of the best tools, indicators and features a trader can ever need to carry out extensive analysis and place trades. Registration for PrimeXBT takes only a few short minutes and a matter of clicks to get started.

What Will XRP Be Worth by 2025?

At the moment, an API interface is not available. In addition to market risk, with only seven trading pairs, PrimeXBT’s asset selection is limited compared to some alternatives in the market. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. In line with our Cardano price forecast, the coin’s price may surge to $4. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. However, our platform provides a multitude of other enticing features, including a welcome bonus, diverse rewards, and a range of trading opportunities across global markets. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. Overall, we likely know a bit of a dip at the beginning of the year, only to turn around and show signs of strength again. According to CoinPriceForecast, price of POL ex MATIC may hit $5 by 2040. This allows you to significantly increase your market exposure and profit potential. No matter which ways Crypto markets move, PrimeXBT likely has the assets you need to capitalise on both uptrends and downtrends. Partners can track their earnings in real time, providing full transparency and control over their income. 2 After clicking the ‘Go to real’ button, the Turbo Deposit/Withdrawal buttons will appear as shown in the screenshot below. Its innovative copy trading and PrimeXBT Turbo options also provide exciting avenues for traders to enhance their strategies and seize opportunities in the crypto landscape. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit.

Restricted Jurisdictions

Cardano is the world’s first ever academic, peer reviewed decentralized blockchain solution and ADA is the native Cryptocurrency that powers that protocol. The PrimeXBT website often has a dedicated promotions section where you can find current bonuses, such as welcome offers, deposit rewards, and limited time promotions. 00 level in 2021, and started to fall quite drastically. We process withdrawals daily between 12:00 and 14:00 UTC. This margin is used to multiply position sizing as collateral. Due to its benefits within the Binance ecosystem, including as lower trading, paying transaction fees, and access to token sales, BNB has grown in popularity. 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. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. However, depositing or withdrawing fiat currency will require KYC identity verification. Returns or profits may be subject to capital gains tax. The site also has tips for making quick trading decisions an interactive table with buy and sell prices, daily price changes and the prevailing trend. If the app is unavailable in your region, you can still access it through direct download from our site. We’ve chosen and vetted the exchanges in this list based on publicly available information. Requests submitted before 12:00 are processed on the same day, and after 12:00 are postponed to the next day. There are also more than 40 CFDs on cryptocurrency on the platform. Going out a few years, Stellar could see a recovery if the rest of the cryptocurrency markets do the same. Beyond the referral program, you can potentially earn without investing directly by participating in affiliate programs or by engaging in no deposit bonus promotions if available. The PrimeXBT user interface is easy to navigate, helping users get around quickly. To secure your account, use a strong password, enable two factor authentication 2FA, avoid sharing your login details, and regularly update your security settings. Providing financial education to those who need it most has always been a passion of mine. This sets it apart from other trading platforms. Of course, cryptocurrency is extremely volatile, and you could just as easily lose your entire investment. These include government agencies, white papers, research institutes, and engagement with industry professionals. You can use cryptocurrency or traditional money. Donetsk People’s Republic. The minimum deposit is 0. Investors should remain aware of both the opportunities and risks involved with Bitcoin as an investment asset. On PrimeXBT, accessing the cryptocurrency section is seamless, with Dogecoin prominently listed among other digital currencies. High leverage and the unregulated nature of PrimeXBT introduce heightened risks that traders must be willing to accept.

Insights

If the app is unavailable in your region, you can still access it through direct download from our site. The PrimeXBT affiliate program helps you grow your trading network and boost your earnings. When following the right traders, copy trading can be extremely profitable. PrimeXBT offers higher leverage options, with up to 100x on various assets, compared to Binance’s leverage of up to 125x on futures contracts. It’s a win win situation for both you and your referrals. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. No, I cannot trade for you. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. $20,000 or equivalent for unverified users. 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. Lastly, when it comes to withdrawals, PrimeXBT is one of the few exchanges that require a mandatory white labelling of Bitcoin addresses. Now that you know what you want to trade and perhaps even the setup you are looking for, it is time to open up your first position. These products may not be suitable for all investors. Crypto deposits can be completed easily, but you’re limited to five assets comprising BTC, ETH, USDT, USDC, and COV. When you borrow on margin, there is a bit of interest to pay nightly, so if you hold the position overnight, it is going to cost a small bit of interest that will be calculated automatically.

Ethereum

Prime Technology Ltd is PrimeXBT’s Technology Provider. If you ever have any questions or need support, don’t hesitate to reach out to. PrimeXBT wallets are multifunctional. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. Let’s jump into this PrimeXBT Crypto Futures review by starting with the positives. It’s known for its wide range of financial instruments, like cryptocurrencies, forex, and commodities. Twitter: aylerTBMLinkedin. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Traders don’t need to go through KYC or AML checks on their platform. Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security.

5 0

Dogecoin is expected to go up according to technical analysis charts and expert price predictions and forecasts. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT is a combination of a social trading platform and a crypto exchange, offering margin trading and copy trading services. Although, similar to platforms such as eToro, and Bitpanda, the wide variety of tradable markets on PrimeXBT, which includes forex, commodities, and stock indices, is a competitive advantage compared to a traditional cryptocurrency exchange like Binance or KuCoin. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. Many confuse XLM to be an XRP fork, and while the assets share many similarities and aim to disrupt similar industries, McCaleb says the codes are different, and the Stellar Foundation’s goals are wildly different than that of Ripple’s. Understanding the feasibility, financials, concept, mechanism, and security of the company is very important when choosing a platform for your trades. Importantly, our experts found that charges are lower than many alternatives. These services are governed by the legal terms and conditions of PXBT. 79005859, with the potential for ADA to achieve a maximum value of $1. The global platform is available to customers worldwide, except for countries with service restrictions such as the U. Based on our analysis, PrimeXBT offers more than 27 discount codes over the past year, and 19 in the past 180 days. Margin trading is quite beneficial, but it is also something that should be looked at with caution. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. The interface balances simplicity with comprehensive features, customizable for individual trading needs, with robust technical analysis tools readily available. Despite operating in a highly competitive and rapidly evolving industry, PrimeXBT has managed to establish itself as a reliable and innovative trading platform, attracting a global user base. OKX, on the other hand, uses a tiered fee system and employs various security measures such as cold storage, multisig authorization, and an offline computer for private key encryption, among others. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. That is not an excuse that anyone can use with this broker. For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available. All content on this site is for informational purposes only and does not constitute financial advice. While such high leverage amplifies potential profits, it also heightens risks. Bit2Me is a cryptocurrency broker based in Spain that launched its service in and offers individuals to buy and sell more than 80 cryptocurrencies. To view or add a comment, sign in. PrimeXBT adheres to these regulations to maintain its credibility and ensure the safety of its users. More so, as the world moves towards digital currencies, there is a gap for a coin that is easy to transact with, like Litecoin is aiming to be. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network.

PrimeXBT what is it?

The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. PrimeXBT offers the following fee structure. Cryptocurrencies include Bitcoin, Ethereum, EOS, Ripple and Litecoin. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. An example of how this fee is accrued: You trade BTC/USDT futures 1 contract at a price of 69,000. PrimeXBT has developed a relatively high tech user friendly Turbo platform which is in talks of crypto platforms nowadays. 5 for PrimeXBT and 3. Convent and the Grenadines as PrimeXBT Trading Services LLC. 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. Each asset class has its own characteristics, including volatility, liquidity, and market dynamics. 詳細については、プライバシーポリシーのページをご参照ください。同意する. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. Yet, the ease with which one can leverage these trading opportunities remains uncertain. The markets are some of the most popular markets in the world that fall under this category and allow for diversification.