PrimeXBT Review 2025

CFD trading on PrimeXBT allows you to speculate on the price movements of various financial assets without actually owning them. PrimeXBT offers over 100 tradable instruments on its Forex and CFDs account, including currency pairs, commodities, indices, and cryptocurrencies. Always check the details before participating. All content on CaptainAltcoin is provided solely for PrimeXBT broker informational purposes. Returns or profits may be subject to capital gains tax. Operating globally, PrimeXBT has expanded its presence with three offices worldwide and a dedicated team of over 150 employees committed to providing exceptional trading services. Best Crypto Exchange Referral Codes. Bitfury’s Crystal software and blockchain analysis tools in action. The platform also allows setting limit orders and stop losses – crucial tools for risk management. Through 24/7 live customer support and advanced tools, we empower our users for trading success. Date of experience: December 12, 2024. Traders should invest time and effort in learning and refining their trading skills to achieve consistent profitability. This cryptocurrency exchange is a good fit for: Experienced users looking for advanced features and opportunities designed to increase profitability. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. To do that, go to the “Account Summary” page and click on “fund trading account.

Recommended Steps for Additional Safety and Security

Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. However, like all Crypto projects, its price remains subject to volatility and external factors such as regulatory changes and market sentiment. The table demonstrates how much you would have to pay to trade 1 full lot 100,000 units in EUR/USD with a pip value of $10 for each account. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. Margin money goes a lot further than the money deposited in a cash account thanks to leverage. Bybit, headquartered in Dubai, caters to experienced traders around the world, excluding the US, and is renowned for providing impressive leverage of up to 100x. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. For those of you who are going to be away from your desk, you will be happy to know that PrimeXBT also has a couple of mobile apps, PrimeXBT and PrimeXBT Futures Pro for more advanced trading. On the other hand, there is no stop out threshold. Some people have expressed doubt about the legitimacy of PrimeXBT, while others have raised concerns about its safety. There are over 69 million CRV tokens in the wild, with a max supply of 1,337 million tokens. Three separate bugs were found during testing of the hard fork in June. PrimeXBT charged me a withdrawal fee of 0. Free $10,000 Practice Account. Payment Methods: Debit card, credit card, cryptocurrency. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. As a derivatives trading platform, PrimeXBT does not offer any spot markets. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. The trader would conservatively wait for the structure’s bottom trend line to break down to take an entry, placing a stop loss order above the price action at a desired range, depending on risk appetite. We’re thrilled to hear that we stand out as a top notch crypto exchange compared to others you’ve used. This example underscores the importance of. Bybit does a fantastic job listing new and exciting project tokens quickly, often providing access to tokens quicker than many of the major exchanges. Receive the latest news and stay informed. Leveraged tokens provide traders with leveraged exposure to the underlying asset, but are far safer than trading with margin as there is a low liquidation risk where traders can blow entire accounts. These are hosted on AWS web servers which are known to be one of the best in the industry. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. If one order is triggered, the other is canceled. It’s preloaded with hundreds of popular indicators like strength index, moving averages, etc. Since its inception, PrimeXBT has focused on offering advanced trading solutions with a particular emphasis on high leverage, allowing traders to maximize their potential returns.

Oil Price Forecast for 2025 and Beyond

For experienced investors seeking high liquidity and security, large crypto exchanges like Binance, Coinbase, Kraken and Gemini are good choices. The competitions are hard to win, but using SKILL and LEVERAGE I was able to make top 5 2 times so far. Join 1M+ traders who choose PrimeXBT as their go to trading platform. The exchange has deep liquidity and near instant trade execution. Indicated that the app’s privacy practices may include handling of data as described below. As explained earlier, leverage and margin trading amplifies both your profits and losses. Select the ‘Deposit Crypto’ option. You also have pretty extensive order options which is more than we have seen on other trading mobile apps. PrimeXBT is an acceptable choice for day traders. In the end, it all comes down to personal preference, however, there are several factors that should go into selecting the best crypto trading platform for you. 02% 70 000 2 = 28 dollars. Alternative Payment Methods on PrimeXBT offer traders from various regions the convenience and efficiency of funding their trading accounts using familiar, localized banking options. Resource 20 IndexFinancial and Ind. It offers a comprehensive platform that includes metrics like daily/monthly profits, drawdown info, trading strategy, and trading history breakdowns. PrimeXBT offers a range of assets, including cryptocurrencies, forex, commodities, and indices, each with its own fee structure. Here’s a simplified example of how leverage translates to Crypto trading. It’s all a case by case scenario. Ethereum Name Service ENS. These capabilities ensure PrimeXBT offers the smoothest, safest, and simplest copy trading experience available. Whether you are a beginner or an experienced trader, understanding how to use PrimeXBT effectively can enhance your trading experience and increase your chances of making profitable trades. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. The first pan Caribbean private equity fund dedicated exclusively to making investments in the CARICOM Region. However, there are some regions where PrimeXBT does not accept users, including. Moreover, users can conveniently transact in US dollars. This emphasizes the importance of a strict money management strategy when trading on margin. Placing 19th just below Litecoin, Shiba Inu closes the list of top 20 coins on the market with an astonishing market cap of $4. While PrimeXBT is not regulated or licensed, it has a positive reputation and a long history of satisfied traders. PrimeXBT allows traders to place orders directly by clicking on the chart itself, for an unmatched level of accuracy when entering positions and planning stop loss orders or take profit levels. Below are examples of the popular technical analysis indicators in the market.

What is PrimeXBT

Monitoring is something that will be different for everyone. The adjustable settings let you dial in your preferred risk/reward level on a trade by trade basis. If you’re wondering how to report crypto futures trading on taxes, you can read our article covering crypto tax rules around the world for 2024. Its flexibility, security features, and broad integration across various blockchains contribute to its leading role in the oracle space. Dear Marawa,Thank you for sharing your thoughts on trading with PrimeXBT. However, standard trading fees and transaction costs apply when you execute trades on the platform. The “Tutorials” section on the platform’s dashboard provides step by step video guides. You can also sort markets by name and 24 hour change. This commitment to openness allows for a trustworthy and straightforward user experience. This website is owned by PrimeXBT PTY LTD. However, Dogecoin differs significantly in its mining process. Given the constant development of functionality and expansion of the services offered, PrimeXBT demonstrates the potential for further growth and improvement of its position in the cryptocurrency exchange market. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Switching markets and searching trading pairs on PrimeXBT is straightforward. You are simply betting on the price falling in either case. Copy traders can earn up to 75% of the profits, while experienced traders can earn additional income by acquiring followers and sharing up to a 20% profit share from their strategies. This leaves Volet and Perfect Money as the alternatives. Depending on your jurisdiction, some products or services might not be available. While we do our utmost to ensure that all our data is up to date, we encourage you to verify our information with the broker directly. The fiat withdrawal process was straightforward but took a long time.

We fight fake reviews

Every cryptocurrency has a team of developers behind it. Therefore, the risk of unauthorized access or orders is minimal. 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. Only to find that you chose the wrong exchange for your needs. The UI/UX for both platforms is great, and both platforms have highly rated apps, with the PrimeXBT app even winning an award for best crypto trading app. These are the 2 primary types of fees you will encounter. IO, before debuting as a crypto exchange. One of the main pros to Bitget over Bybit is its larger selection of trading pairs. These services are governed by the legal terms and conditions of PXBT. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. That loan is made available by your broker and requires collateral, which is called a margin, in trading circles. 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’s research content is highly focused, with a strong emphasis on the crypto market and emerging trading opportunities in popular cryptocurrencies. Depending on your jurisdiction, some products or services might not be available. Com for discounts and deals. Verification can help ensure real people write reviews about real companies. The term leverage used in finance is often a reference to the amount of money that the trader has borrowed. Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice. Attend exclusive PrimeXBT events, network with other clients and learn new skills. This involves signing up, verifying your email, completing the KYC process, securing your account with 2FA, and funding your account. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. PrimeXBT is a cryptocurrency and forex broker established in 2018. Returns or profits may be subject to capital gains tax. Keep in mind that each platform comes with its own set of benefits and drawbacks; so, carefully review all the available options and their features to select one that best fits your personal preferences, as well as trading and investing strategies. Share strategies and collaborate using social tools.

Why Trade CFDs with PrimeXBT?

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. This is because both futures and stock markets are centrally controlled, via an exchange. Date of experience: July 28, 2019. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Traders may also e mail their questions, and I recommend the Help Center as a first point of contact, as it answers many questions. Brand operating since. Information regarding past performance is not a reliable indicator of future performance. We wish you the best of luck in your endeavors to capitalize on the market. The exchange offers two types of fees: trade fee and overnight fee. Here’s how it works. Understanding the core offerings of each platform is crucial for selecting the right one based on your trading preferences. In total, PrimeXBT offers 41 cryptocurrency leveraged trading pairs with varying requirements, 51 forex pairs with different margin needs, 11 indices, and 5 commodities. We always provide our clients with the latest and greatest in trading tech. Leverage trading in Crypto allows you to control a larger investment position in the market by borrowing funds from a broker, essentially magnifying your buying power. However, there’s a demo version for new users who are unsure about using the exchange. The software is really amazing because it lets me monitor the exchanges made. While the broker deserves credit for publishing an extensive collection of over 350 educational articles, the majority are overly subjective and abstract. When does the PrimeXBT New Year sale start. PrimeXBT is a leading cryptocurrency and multi asset trading platform that offers users access to a wide range of markets, including cryptocurrencies, forex, commodities, and indices. That is not entirely true. In the next section, we will provide a detailed summary of the key points discussed in this article. The fact that it is intended to be used by major financial players, and is getting adopted as such, means that there is a lot of room for growth and XRP remains a good investment.

My Key Takeaways After Testing PrimeXBT Desktop

Another well known name in the Crypto signals groups is Fat Pig Signals. 0005 BTC for Bitcoin withdrawals. Insights into PrimeXBT’s Cryptocurrency Trading. The analytics are pretty nice here, if you also trade the signal on top of some additional proof like patterns and all that, the odds would be super high. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. This article will provide an in depth look at PrimeXBT Covesting fees, explaining how they are calculated, the different types of fees involved, and strategies to minimize them. Traded on centralized exchanges and a bit on some dexes, figured it was not for me, too slow and super high costs. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. Additionally, the account type is pretty flexible in terms of its maximum leverage. I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. Traders must be aware of these regulations to avoid potential issues and ensure a smooth trading experience. I reviewed PrimeXBT’s legal documents and found that everything was in order. 8 different Crypto Futures Contracts are available to trade with long and short positions around the clock via Perpetual Swaps, which have been separated from the traditional margin trading section of the platform. Whether I’m running multiple demanding applications simultaneously or engaging in resource intensive activities like gaming or video editing, Prime XPT handles everything with ease. Human help when you need it. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens. The Bitcoin Cash fork in 2017 helped drive Bitcoin price to all time highs and take the rest of the crypto market with it. The minimum deposit is 0. PrimeXBT has never suffered a hack or security breach during its operational history.

5 0

” In the ensuing “New Order” dialog, select “Sell. 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. Following a VIP tier level, here is what traders on Bybit can expect to pay for trading fees. Would you like assistance with passing your prop firm account. At this moment, Bybit’s user friendly interface, advanced trading features, and overall reliability keep it ahead of the competition for now. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income. Though it faced significant recent setbacks 55. Get a modern CFD trading experience in your web browser, no downloads required, with the easy to use PrimeXBT WebTrader. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. This guide serves as a valuable resource for investors and traders seeking to uncover Ripple’s various price movements and projections.

Country:

Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. PrimeXBT has access to over 12 liquidity providers and has an average daily trading volume of around 1 billion at the time of writing and is used by a few million users located around the world. Both the cryptocurrency exchanges offer similar order types to help you take maximum advantage of the market volatility. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. 2 a month earlier, marking the first expansion reading since July. Funds can also only be accessed via multiple signatures reducing the risk of one compromised party making unauthorized transactions. 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. I believe that blockchain technology can build a brighter future and am excited to be part of it.

Open free account

Throughout my testing, the app performed smoothly without any bugs or glitches. Our detailed price comparisons and cryptocurrency guides have you covered. Besides overtrading, many traders make another rookie mistake by not defining or respecting their risk management rules. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. This includes user acquisition, engagement, and conversion rates, providing a comprehensive view of your performance. A buy and hold strategy is also called HODLing in Crypto, which means the investor is buying spot assets and holding them under any circumstances. PrimeXBT is often praised for its low fees with spreads as low as 0% and trading commissions as low as 0. In this scenario, you’d experience a loss of $500 excluding fees. Its rapid growth and adoption by a global audience are testaments to its effectiveness and reliability as a trading platform. The required margin is different for each trade, so make sure your account is appropriately funded. Comments: I have been using Prime XBT for 4 months now and I must say it’s really been helping me a lot with making crypto trading easy and efficient. How to get free USDT with our latest Galxe Quests PrimeXBT gives traders even more ways to earn free funds. Your review has been sent; it will appear on the website after it is screened by a moderator. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. Trading Cryptocurrency is safe so long as the platform you have selected to trade on is safe and secure, and you understand all the risk associated with Cryptocurrency trading. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. PrimeXBT has 24/7 customer service via live chat. ✔️Pros of using Crypto. 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. To add funds to PrimeXBT, log in to your account, navigate to the “Deposit” section, choose your preferred deposit method crypto, bank card, or fiat, follow the instructions to complete the transaction, and your funds will be credited to your PrimeXBT account. Bybit is a cryptocurrency broker based in United Arab Emirates that launched its service in and offers individuals to buy and sell more than 35 cryptocurrencies. However, please note that the amount should exceed the withdrawal fee for the asset you wish to withdraw. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. However, given certain regulations, there are some countries that they do not accept traders from. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697. Share strategies and collaborate using social tools.

Full Name

Our KYC/AML policies include industry standard financial monitoring procedures, enabling us to identify any activities that may necessitate additional CDD review. 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. You’ll get two new stock picks every month, plus 10 starter stocks and best buys now. ETH is used to pay gas fees for Ethereum and other Layer 2 solutions. Keep in mind that not all assets have the same degree of volatility, so the more volatile assets should be the smallest part of your portfolio. First phase study of sewage management of Qom province. 32 to send USDT over the BEP20 network. Free resources like guides, articles and webinars have been really handy they enabled me to learn more about trading techniques. 6 months ago 309 views. Virtual Assets are high risk products, highly volatile, with fluctuating values. Successful trading requires patience, discipline, and a willingness to learn. Once your account is funded, navigate to the forex trading section of the platform. Here are our top two reasons. The content is written in an easy to understand language without intentionally misleading language. 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 reason for the 2020 21 Dogecoin surge in value, was largely due to social media attention, celebrity endorsements, and speculative trading by the public that had been introduced to the Crypto through its extensive media coverage. Its primary role is within the ecosystem, which now extends beyond being just a meme asset. Maker fees are charged to traders who provide liquidity to the market by placing limit orders, while taker fees are charged to those who take liquidity from the market by placing market orders. The ability to get instant help can save you from unnecessary stress and potential losses. The complex interface is unsuitable for inexperienced traders. March was yet another strong month for Cryptocurrencies, especially Bitcoin, meme coins like Dogecoin and Shibu Inu, and altcoins from. 72%, suggesting a strategy in its recalibration phase. Websites that provide price analytics will display the total traded volumes within the past 24 hours, allowing you to assess the popularity of the coin in the market. PrimeXBT offers a wide range of assets for spot trading, allowing traders to diversify their portfolio and trade across various markets.