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All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. I have been heard about PrimeXBT and upon sigining up I was welcomed with a chance to win $500. Users can open accounts, deposit crypto, and start trading with just an email address. 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. PrimeXBT clients have access to margin trading leverage, which allows them to increase the volume of transactions at the expense of borrowed capital. For example, if you deposited with Volet, you must also withdraw using Volet. Profit by setting up and managing your own Strategy and/or Follow copy Strategies of other successful traders. In my opinion, this platform is gaining popularity in the crypto trading community. But markets are always moving and orders sometimes begin to fill during large price movements. PrimeXBT Offer: Get a 35% additional bonus on the deposit of any amount of BTC on PrimeXBT. And speculation around the long term viability of Cardano to capture emerging markets can greatly influence its volatile price swings as well. PrimeXBT provides responsive customer support, a critical feature for traders with open trades and live money at stake. Despite this, PrimeXBT still comes out more expensive than other platforms, where you can get a cheaper credit card fee of 2% on Binance and Crypto. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Dear Bruno,We’re glad to hear that you’ve done your research on PrimeXBT and are satisfied with the quality of our services and tools. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Date of experience: August 24, 2024.

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Success Stories and Testimonials

We strive for transparency and fairness in all our client interactions, including the return of funds where applicable. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Thank you for your kind words and for choosing PrimeXBT. Is it just another trading platform, or does it truly stand out. 🟢 The Break Even Point BEP in trading is the price level at which an investment generates neither a profit nor a loss. Between 6 to 18 characters and contains at least 1 letter and 1 digit. Leverage boosts the stakes, making trading a high risk, high reward proposition. Exchange one Crypto for another via your PrimeXBT account. PrimeXBT has a transparent fee structure, only charging for each trade and holding a position open overnight. This feature can lead to big wins, with some strategies offering up to 75% profits. This fee is competitive within the industry and is one of the reasons why many traders choose PrimeXBT. 📱 Access copy trading anywhere with PrimeXBT’s mobile app. We’re delighted to hear that we exceeded your expectations with our prompt and helpful responses. However, price movements are often primarily influenced by market fundamentals, which is why you should always have them on your radar.

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PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. 33 according to Changelly. Our commitment to privacy is paramount, reflected in the meticulous design of our operations and infrastructure prioritizing personal data protection. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. Another benefit of cross margin is when taking a long position, i. Trade Crypto Futures Contracts incl. Affise is an advanced traffic analysis tool that will accurately track each and every referral, the fees they generate, and each and every click through of an affiliate referral link in real time. It has courses, webinars, and advice from experts on many trading subjects. The main tool for trading in PrimeXBT is a web platform with built in market analysis tools.

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However, please keep in mind that a losing trade offers a bigger than normal loss as well. 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. As with any profession, there is a certain amount of jargon you will have to understand. While some investors look to significant price movement. Here are some troubleshooting tips. Always review the terms associated with each bonus to ensure compliance and avoid forfeiture. We also appreciate your recommendation of the indicators for new traders. At PrimeXBT, we’re committed to giving you quick access to multiple markets. Users can also earn fees by providing liquidity to trading pools. Scan this code to download app. Zaporizhzhia and Kherson. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. There is no minimum deposit amount, making it accessible for small accounts. There is also a profile rundown of how many followers are currently copying that strategy, a chart showing their performance, and a rating system. I can share a little bit what indicators I’m using during a trading session, these are: Ichimoku Cloud, Fibo retracement and the RSI index. These are supported on both iOS and Android devices.

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Where can I trade BTC with leverage?

This section will provide a detailed list of the countries where PrimeXBT is restricted, explaining the reasons behind these restrictions and the impact on traders from these regions. Enter the amount you want to deposit. This is a kinda versatile trading platform. The cryptocurrency ecosystem has expanded to become a massive space, but an equally massive opportunity for traders. While it can amplify your profits, it can also significantly magnify your losses. 12 milliseconds on average. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. PrimeXBT charts reflect top of the book BID quotes received from our liquidity providers not FILL prices. With dedication and perseverance, beginners can navigate the complexities of the market, seize opportunities, and build a rewarding and prosperous trading career. 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. The person, or group has since vanished, leaving the computer code behind, potentially changing the world forever. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. Unfortunately, momentum is not on the buyers’ side, and it does look like the market may be trying to form a bit of a descending triangle on the weekly chart. Each side will present its case at 9:30 am ET on March 7, with the SEC arguing against the product, and Grayscale arguing in favor. 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. PrimeXBT proudly extends its services to traders worldwide, offering a cutting edge platform for financial opportunities. Lumens are most often used to pay transaction fees on Stellar. This can be accomplished by backtesting and knowing that the system is not only profitable but how it behaves over the long term. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. Security and Reliability. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. So it is up to you to report rule violations when they happen. Accurate information is essential for several reasons. While PrimeXBT aims to provide an inclusive and accessible trading environment, legal and regulatory considerations may limit services in specific regions. PrimeXBT is a trading platform, offering a ‘one stop shop’ solution with numerous products and services combined in a single account with an intuitive and user friendly interface. This category includes data that can be connected to your identity and might be utilized for. The Live Chat is not really a live chat but is instead a fillable email template form. Spread costs are a significant component of forex trading fees. The PrimeXBT team has also made bold claims about their copy trading feature.

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Restricted Jurisdictions

There are reports of other users not realizing this and acquiring surprise fees. PrimeXBT delivered a seamless trading experience. Breaking news is always a risk factor for traders, especially for short term trades. If an additional margin is required, it will automatically be taken from your account. I wanted toopen trading account on platform that would allow me to get benefits of trading with large leverage, and at the same time it was important for me that commissions were minimal. Performance fees play a significant role in the Covesting module, as they directly link the strategy manager’s earnings to the success of their strategy. But, they don’t have live chat support right now. Due to Thanksgiving holiday, market hours will change temporarily on 28th and 29th of November. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. Click “Join” to enter the competition. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. 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 platform must also include a variety of trading tools, charting software, and exposure to several assets under one roof. At this point, the total investment is $12,000. Best Forex Brokers in NamibiaForex No Deposit BonusNamibian Dollar Forex Trading AccountsBest Trading AppsForex Trading for Beginners. It is recommended to buy at the flow and sell at the ceiling. Active users across the world. Quite a nice and long read Primexbt review, I liked that. 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. Bybit is a cryptocurrency and derivatives trading exchange with multiple other products and features that launched in 2018. Explore and unlock new potentials as you navigate through a wide range of offerings meticulously curated to elevate your trading experience. Click Download and confirm the file download if you see a warning. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users.

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Where users can download apps from Google Play. 234 815 226 7407+234 701 332 5130. 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. All in all, PrimeXBT is an ambitious player in the crypto trading sphere. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. Always consider using lower leverage to manage risk effectively. 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. If you are a cautious trader, you might want to choose an order type that will enable you to limit losses. PrimeXBT offers the following promotional offers. Your insight on cross pair futures trading is noted, and we understand that offering more flexibility in this area could be beneficial for traders like yourself. You can however use third party services that will allow you to convert Crypto to other currencies, including Fiat, which may then be transferred to your bank. Other fees, although less common, can still impact your overall trading costs. If the app is unavailable in your region, you can still access it through direct download from our site. One of the top options is Best Wallet – which doubles up as a no KYC exchange. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. As a Strategy Manager, showcase your expertise by creating a visible pool of assets that others can follow. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. However, it’s important to remember that leverage is a double edged sword. Get all our future calls by joining our FREE Telegram group. A margin call occurs when your account equity falls below the required margin level, prompting you to add funds or close positions.

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Let’s face it, without reliability, no platform can make a lasting impression. Telegram Announcements. Returns or profits may be subject to capital gains tax. They can only be used for trading as additional collateral for opening positions. Fees:For Bitcoin BTC margin trading:Opening fee: 0. You can open a demo account in PrimeXBT only if you participate in the traders’ tournament. In terms of making money off of this, receiving cryptocurrency allows you to access a number of other methods explained above. We added new features, reached new audiences, and added more tools and abilities to our powerful trading platform. Read next: How to buy crypto. Users must prove their identity with another device. Copy trading, conversely, automates the process, directly duplicating individual trades in real time, offering a simpler, action oriented approach. In our final thoughts, PrimeXBT shines with its trading tools, low fees, and secure setup. Here you can trade with both cross and isolated margin which certainly stresses the broker’s commitment to ensuring universal infrastrcture. Biqs will never ask you for your personal details, and there are very few limits in place for trades. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. Our goal is to provide a comprehensive trading environment that caters to various trading preferences and strategies. Coinpedia has a much more balanced outlook for the Polkadot price prediction over the next few years. Considering the technical deficiencies of Shiba Inu and the current market cycle, a $1 benchmark is likely an impossible scenario for the coin in the near future. 1% of the required capital to open a position. Here’s your personalized cheat sheet. Trading involves risk. One can access a cryptocurrency trading platform through a web browser, a mobile application and third party platforms. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. In the fast paced world of cryptocurrency trading, having access to a reliable and versatile trading platform is. Litecoin has been through two bear markets now, and after the first peak fell to as low as $1. First things first, let’s go over what stands out. 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. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform.

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If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. As the economic landscape evolves, uncertainty naturally arises, and with uncertainty comes opportunity. Trading involves risk. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. M2: Buy Bitcoin and Trade Crypto. The second and final round of our Reduced Fees Giveaway has ended, and it’s time to announce our newest set. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. It allows users to choose who they copy from in a very specific and precise way.

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Select the Crypto you want to withdraw. It’s highly rated on TrustPilot with a 3. Buy Limit order in the France Index via PrimeXBT platform. Larger positions require more margin, reducing risk. 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. The real defining tip that separates okay Day Traders from the real success stories that you read about in the media is definitely leveraging. The FSCA mandates that brokers offer quality education to beginners, and PrimeXBT has published 390+ educational articles. PrimeXBT offers four types of orders: Market, Limit, Stop, and OCO. If the crypto world starts to see more adoption, Ethereum will be one of the first places it happens. Traders and investors should be mindful of the dynamic nature of the crypto market, where rapid price movements are not uncommon. SHX has emerged as a standout performer among the new entrants with a staggering monthly profit of 819. You can hold onto a margin trade for as long as you like, with the caveat that overnight financing can be quite substantial over long periods. In today’s fast paced world, the ability to trade on the go is essential. Our goal is to provide a supportive trading environment and access to experienced traders who can help navigate through market volatilities. But, they don’t have live chat support right now. For example, you are unable to execute an x50 BTC futures contract using cross margin. For USDT, USDC and COV the withdrawal fees vary depending on the network used. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. ” This would include the idea of the ecosystem being able to allow seamless interchangeability between different blockchains. Users don’t need to enable 2FA on their phone although it is highly encouraged. Below is an order page for a stop loss order on PrimeXBT. Candlesticks will show the performance of an asset within a given timeframe, and the pattern will change depending on the selected duration. Started in 2018, it has fast become popular with the ease of use, features for advanced trading, and extended asset coverage. Do not post misleading information. There are no fees for opening an account, keeping it, or depositing funds, making it easy to start trading. The primary advantage of margin trading is the potential to realize more significant gains due to the increased trading power. Get a modern CFD trading experience in your web browser, no downloads required, with the easy to use PrimeXBT WebTrader.