R/PrimeXBT

Last but not least, PrimeXBT also rewards the most active traders with a massive $500 trading reward bonus after reaching a minimum of $3,000,000 in trading volume in any cryptocurrency. 1 Riesgos del mercado: El mercado de las criptomonedas es muy volátil y puede experimentar cambios de precio importantes en cortos periodos de tiempo. Adding another layer of protection against market volatility, signal inaccuracies, and potential scams. 5 most popular PrimeXBT alternatives based on 0 customer reviews. I can say it is multifunctional and at the same time easy to use. The order form also displays recent trades and order book data. This is active and manned 24/7. PrimeXBT encourages new users to enable security features such as 2FA and to customize their trading interface. Deposits are free and usually appear in your account after one network confirmation. Bitget offers an intuitive one click copy trade feature that is easy to use. Once I finally get this resolved I will update the situation. Today, the asset is maturing and finding new use cases, such as a safe haven asset and a contactless payment technology. This means that they are kept in a secure offline environment away from an internet connection and the threat of potential hackers. Precious metals can be traded from 22:00 to 21:00. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. A well defined trading plan includes all necessary points, that you consider important, for trading the markets. If you do not have this then you may have to wait for up to seven days as the broker manually resets this.

◾️What is the minimum and maximum amount for a withdrawal?

618 Fibonacci extension. Understanding how to calculate both gains and losses will be crucial. 071 USDT in trading fees. You can check your login on PrimeXBT history in the account settings or security settings section of your PrimeXBT account. Simply click on one of the FAQs below to expand the answer. For example, here are the base margin requirements and resulting leverage for a few of the 41 available cryptocurrency pairs. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Reply from PrimeXBT Copy Trading.

Changelly

Overnight Financing: For leveraged positions held overnight, PrimeXBT charges an overnight financing fee, also known as funding fee. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. At PrimeXBT, we accept Bitcoin deposits. Unlimited via Perfect Money. PrimeXBT does not charge fees for Crypto and Fiat deposits. Even artificial intelligence is being used to forecast Cardano price movements in advance. PrimeXBT: Here, simplicity reigns supreme. Key features of the PrimeXBT trading platform include. 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. DYdX is not available to residents in either country. If you have any questions about our fee structure or need tips on leveraging your trades, feel free to reach out at. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. As you are measuring two assets against each other, one asset is appreciating in value regardless of which direction the chart is moving. Market commentary is available under Market Research. This section will explore various risk management techniques that traders can employ to mitigate potential losses and manage their risk exposure. In addition, traders may be subjected to currency conversion fees should they transfer fees to a currency that is different from their account base currency. Home/ Cryptocurrency Exchanges/ PrimeXBT/ PrimeXBT Alternatives. The biggest benefit of automated trading is it completely removes the human element and some of the most costly mistakes are made usually due to very human characteristics and emotions. PrimeXBT has designed an offering that benefits new and experienced traders. It depends on what you mean by anonymous. Recently, Cardano has implemented the Plutus example module and has continued working on several protocol enhancements, which leads us to believe the project is set to increase in price. To be verified, you need to upload both PrimeXBT terhad proof of identity POI and proof of address POA. It seems that the platform focuses primarily on providing an easy to use and accessible interface for beginner and professional traders alike. The overnight fees are insane, and are deducted at one point.

NewsBTC

However, it is during these moments where Copy Trading shows the most promise, especially for those struggling with the lack of volatility. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. Cross margin trading is a great way to avoid small market price movements that would have closed a position with isolated margin. 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. Can I change my leverage. © 2024 The Money Mongers. In addition, traders can also access commodities such as gold, silver, crude oil, Brent, and natural gas, allowing them to speculate on market fluctuations. Exits can be prepared for ahead of time, to avoid losses and ensure gains are booked. The platform is not available in the US, Japan, Canada. As anyone that has participated in the Crypto market knows, analysing and monitoring such an active and mobile market is time consuming. While PrimeXBT aims to provide an inclusive and accessible trading environment, legal and regulatory considerations may limit services in specific regions. Traders and investors use our platform. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. Back in August, PrimeXBT launched its Covesting Copy Trading Platform to the public. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. He excels in crafting long form educational guides, opinion pieces, and reviews in niches such as DeFi, NFTs, and Web 3. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Use the Binance referral code 49316610 and receive up to $600 in rewards and bonuses. If you have any tips for new users or further feedback, please share with us at. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. Upon registering, users automatically receive a СFD Trading or Crypto Futures USDT accounts. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Order Types: Execute trades using different order types, including market orders, limit orders, stop orders, and take profit orders. Compare PrimeXBT with any other broker by selecting the other broker below.

Trading Experience

The reviews seem quite similar for both apps, though it can’t be too bad as the ratings are average 3. This comparison helps traders identify which deposit method best suits their needs and preferences. Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. The amount at which this multiplication of gains comes in depends on the leverage that the platform offers. Due to its immense promise,. 99% fee, not PrimeXBT. Com use credible sources to support their work. 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 enables investors to delve into the traditional asset classes, with a robust lineup of Forex pairs—including major, cross, and exotic pairings—as well as a range of Commodities and Indices. Additionally, users can trade global markets such as the SandP500, FTSE10, FX pairs, commodities like gold and silver, and many more offerings that are detailed here. Simply navigate to the BTC/USD pair and click “Trade. Reply from PrimeXBT Copy Trading. Truly a top 10 application all around. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. Identifying brokers with reasonable commissions is essential for all Ethereum enthusiasts seeking to reduce their overall trading costs. Shoppers can save up to 60% on must have items, making it a limited time opportunity to grab great PrimeXBT deals before they end. Swyftx is your gateway to seamless cryptocurrency trading, offering intuitive tools for both beginners and pros. BEWARE FINANCING FEES. For a complete list of restricted regions, refer to Section 1. Review collected by and hosted on G2. Many investors and traders only think that they’ve invested a comfortable amount, but when prices begin falling, they panic and end up selling their assets at a loss just as the price action reverses.

9 Proof ofWork Mining:

These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB. The idea of course is that with these types of announcements, if the consumer feels strong, then they are much more likely to continue spending. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. The benefits that PrimeXBT provides are outweighed by the negatives. Enormous information available on the internet makes it challenging to locate the right and functional promo code. Crypto Deposits: PrimeXBT offers free crypto deposits. However, depositing or withdrawing fiat currency will require KYC identity verification. PrimeXBT offers more than a simple trading engine – it provides an environment designed for client profitability. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Just so you know, these assets are kept in a cold offline storage facility to ensure that they don’t fall into the wrong hands. 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. If you are still concerned, you can always make use of our other reviews to find higher quality customer support teams.

Minimum payout

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. There are two ways to do that. Anyway, at 10x Margin, you’d lose nearly 10% of your principal for 1 day of financing, which is absurd. Blockchain is a public digital ledger that preserves all the transaction data. When trading on margin, it’s important to fully understand the risks and benefits of leverage and to actively control your risk levels. The markets are some of the most popular markets in the world that fall under this category and allow for diversification. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. 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. 01% and the taker fee is 0. There are calls and puts, meaning that you are speculating on higher prices calls, or lower prices puts. PrimeXBT places paramount importance on user security and data integrity within the cryptocurrency community. As a Strategy Manager, showcase your expertise by creating a visible pool of assets that others can follow. This indicates a high level of accuracy in order fulfillment, a crucial element in volatile markets where every second counts. Sign up using our link below to receive $100 Welcome Deposit Bonus. Neither PrimeXBT nor FTX can be used by US persons, and FTX instead offers a US version of its exchange whose trade offerings are far more limited than its parent global exchange and do not at all compare to FTX International’s selection. Some of the strong points of the platform. The digital landscape is set for an unprecedented transformation with the introduction of una Messenger, the latest innovation from web3 development powerhouse Wemade. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. We cover Bybit’s products in more detail in our Bybit review, but to provide a high level of the most prominent features, here is what Bybit has to offer. Price and trade data source: JSE Ltd All other statistics calculated by Profile Data. After reviewing all details are accurate, a security code will be sent via email to the email address provided at the start of the process. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards. Give providers sufficient time:Be patient with new providers and allow their edge time to materialise.

Technological challenges

While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. The company also offers a launchpad and early access to new tokens, as well as several unorthodox services like trading bots. $2,000 by bank card. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Receive the latest news and stay informed. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. There are too many instruments and markets for one person to trade them all, it makes sense to share the workload and profit from traders trading separate instruments to yourself. By carefully managing their risk and capitalising on a well timed market move, the trader manages the power of leverage to achieve a profitable outcome. PrimeXBT offers the only all in one platform that allows clients to buy and sell Crypto, and use them to trade 100+ popular markets including Crypto Futures, and CFDs on Crypto, Forex, Indices, Copy Trading, and Commodities. Nodes place bids for the requested data. جميع الحقوق محفوظه 2016. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. By using a CFD, you and a counterparty agree to settle the difference in value once the trade is closed. The crypto market is very eventful, so keep up with what is happening within the market. While Cryptocurrencies consolidated around Bitcoin, traders posted. Selecting an appropriate leverage ratio for margin trading is similar to choosing the right climbing gear for a mountain climbing adventure; it significantly impacts your journey. The total number of different crypto pairs that’s available to be traded on this specific exchange. No, PrimeXBT does not currently offer any services to residents of the United States. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. This makes this platform the one with the widest possible market range. PrimeXBT has earned a solid reputation in the trading community over the past six years. This is a kinda versatile trading platform. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals.

Risk warning

When it comes to buying Bitcoin or any cryptocurrency, there are plenty of options. Like eToro, PrimeXBT lets you trade Bitcoin, SandP 500, Gold, EURUSD, and 50+ assets. Each account on the platform has a 24H withdrawal limit of $20000 or its equivalent in other currencies in total for all of your submitted withdrawals. Withdrawal fees, on the other hand, are set at 0. Ethereum projected growth has slowed after a slew of problems in the crypto world, but crypto is starting to behave. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. BitFlyer is a cryptocurrency broker based in Luxembourg that launched its service in and offers individuals to buy and sell more than 4 cryptocurrencies. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Crypto: Supports Crypto Fiat and Crypto Crypto trading. Scan this code to download app. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. About usContact usEditorial GuidelinesTerms of UseLegalsData protection policyCookie Policy. Stocks, have performed well as recession fears have retreated. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. By November 2013 though, it had practically hit the moon at $1,100. The marketplace offers NFTs with zero fees from the digital art, collectables, GameFi, Metaverse niches, and more. Additionally, you can also trade cryptocurrency futures with Prime XBT. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. SBS USDT shows promise with a monthly profit of 244. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. However, any withdrawal requested after 12:00 UTC will be processed on the following day. All crypto assets can be bought and sold for US dollars. The platform also aims to provide users with top tier liquidity and a wide range of trading tools while offering a user friendly experience. 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.

K Thaworn

PrimeXBT is an acceptable choice for day traders. Dogecoin is, without a doubt, one of the more volatile assets in the crypto world. It’s cool and has the necessary tools for successful trades, not too much but okay. There are a couple different ways to connect your account and import your data. NO:2 Ümraniye/İSTANBUL. Customers can deposit fiat via these methods. For example, mining is relatively difficult as a way to earn, but that is partly because there is a high set up cost involved. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. Ripple is both the blockchain network that XRP is transferred over, and the name of the company that created the Crypto token and helps to push its adoption at banks and other cross border payment companies. To take advantage of and claim the Welcome Bonus offer. Io, in my opinion, is the leader in crypto copy trading. “The Financial Commission provides brokerages and their customers with an unbiased 3rd party mediation platform that helps resolve complaints in instances when parties are unable to directly come to an agreement over disputes,” the press release of FinCom stated.

On Ledger Nano S Plus 3 Pack

It comes equipped with a range of technical tools, including over 50 indicators, charting tools, and multiple screen support, aiming to cater to various trading strategies. BTC deposits require 3 block confirmations which usually takes around 40 minutes on average;. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. They often partner with other companies to provide better features and services. You can customize the calendar to see only the most important fundamental news with the greatest potential impact on the market. Let’s jump into this PrimeXBT Crypto Futures review by starting with the positives. Sign Up: Enter your email address, create a password, and agree to the terms of service. After all, the world of crypto is changing rapidly. Everyone has heard of Bitcoin, Ethereum, or Dogecoin. The platform is ideal for those seeking high leverage, offering up to 200x leverage on Bitcoin BTC and Ethereum ETH CFDs, but its standout feature is its copy trading module that allows traders to replicate the trading strategies of more experienced users. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. How does copy trading work, and which tips do you need to know to succeed. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. My experience with PrimeXBT’s customer support was mixed. Explore and unlock new potentials as you navigate through a wide range of offerings meticulously curated to elevate your trading experience. Moreover, as a decentralized platform, Best Wallet never holds client cryptocurrencies. Ensure that the funds you want to use are in your main wallet, then follow the selected trader’s strategy to potentially earn passive income. PrimeXBT does not operate with the intent to disadvantage our users. So if you want to enjoy margin trading Ethereum, Litecoin and Ripple are just some of the alternative crypto options that you’ll find here. El terminal comercial es estándar, pero tiene características adicionales como nuevos indicadores y marcadores. PrimeXBT integrates TradingView charts, which is a nice feature. Prime Technology Ltd is PrimeXBT’s Technology Provider. Net expects an average price of $0. It should be thought of as the inverse of a typical trade. The first step in exploring a trading platform is signing up, and PrimeXBT keeps it simple with just an email, password, and agreement to the terms. Address:Suite 201, 2nd FloorThe FirsCnr Bierman and Cradock AvenuesRosebankJohannesburg2196. Compete with other community members and keep track of your performance on the PrimeXBT Leaderboard, while unlocking exclusive benefits. The table above shows the number of days which Stellar closed above a certain price level. Why would you have to do kyc if you do not want to.

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Above all, you must go with the crypto exchange offering many cryptocurrencies, including Bitcoin and altcoins like Dogecoin, Ethereum, Ripple, BNB, and Bitcoin Cash. Whether or not the cryptocurrency exchange accepts payments via debit or credit card. Lastly, you can’t rearrange or resize modules on the desktop platform. The saving grace is that it hosts all the popular and high market capitalisation coins that most traders will want to trade including Bitcoin, Ethereum, Ripple, Cardano, Filecoin, UniSwap, Decentraland, Litecoin, Theta, Polygon, and several others. There’s no limit to how much partners can earn, and the more their referred clients trade, the more they earn. It has very low trading fees. Just like its comparison with OKX, these are two completely different animals roaming in a small sliver of shared space known as crypto. Virtual assets are inherently volatile and subject to significant value fluctuations, which could result in substantial gains or losses. State of the art capabilities normally only available to professionals are packaged into an intuitive, easy to use platform anyone can master. Some good traders to follow, with good support too. This follows the successful launch of Bitcoin ETFs,. Like SOL Short, this strategy has been active for 44 days, yet it has secured a two star rating, indicating recognition of its potential. Follow the same steps to trade Forex, Commodities, or Indices. Date of experience: August 16, 2024.

Connect Wallet

For USDT, USDC and COV the withdrawal fees vary depending on the network used. I also tested the fiat withdrawal process, using Volet. 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. Unlimited for verified users. PrimeXBTalso offers a simple way for traders to buy major Cryptocurrencies like Bitcoinand Ethereum directly through the platform via bank card or transfer. This website provides entertainment content, and using it means you accept out terms. Under the new regulations coming for crypto in the US, it’s likely both centralized and decentralized exchanges will implement more KYC processes in order to issue Form 1099 DA in the coming years. You can control up to 100x your account size with a 100:1 leverage ratio, which allows you to profit even from very small movements in the price of Bitcoin. All contents on this website are for informational purposes only. This provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. Scan this code to download app. According to their website, Perfect Money is a licensed payment service provider authorized by The Autonomous Island of Anjouan. I am not surprised that so many people preferr primexbt. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. Social media advertisements. To evaluate brokers, we test the accounts, trading tools and services provided. 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. Post merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. Reply from PrimeXBT Copy Trading. Deposits are free, but there are withdrawal fees for cryptocurrencies. They will send out an email to the address that you have provided so that you can verify it. Users can contact customer support by email at.

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Information written by the company. Attempting to spam the subreddit with referral and advertising will lead to permanent ban. If you choose to purchase crypto first from a crypto exchange, funding your account is relatively simple. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. PrimeXBT offers competitive trading fees, charging a low 0. The charting software is full of technical indicators, and drawing tools, and all the time frames down to one 1minute are available. Make sure you understand what will be the relationship between you and your broker or financial professional. Read our comprehensive guide to learn about the Phemex invitation code and its sign up bonuses for new users. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis.