Customer Support and Resources

For example, USDT and USDC TRC 20 tokens require 20 block confirmations on the TRON blockchain, which takes approximately one minute, compared to up to four minutes for ERC 20 tokens. At PrimeXBT, we’re turning up the heat during the Euro 2024 tournament with an exclusive giveaway that could see you. Orders are executed quickly and, for all I know, there is no downtime in this area. Access the convenience of trading from anywhere with the PrimeXBT iOS app. Our detailed PrimeXBT คอม price comparisons and cryptocurrency guides have you covered. This causes a slight delay in funds being available in the account. Pricing is based on the market price of the underlying asset of the trading instrument. Like any investment, a thorough understanding of the platform, its offerings, and customer support is vital before getting started. Share your referral link widely, create informative content, engage with niche communities, offer incentives, and provide continuous support to your referrals. Enter the PrimeXBT promo code provided at checkout and make your deposit. Here, you can choose the exact amount of BTC that you want to close from your position, and when you input this, you can simply hit the blue button. These disadvantages can be alleviated with proper risk management and natural talent or practice. We take pride in maintaining a strong reputation among traders by providing reliable and effective trading solutions. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. Of course, this also works on the way down as losses are also magnified. CFDs for fiat to crypto and crypto to crypto trading pairs are available for trading on advanced trading platforms like PrimeXBT and can be much more profitable than investing alone, as the price history of these assets has clearly shown. Complete all missions to earn a total of $1125 in bonuses. But my biggest peeve is the spread. To reset PrimeXBT back to default settings, go to the platform’s settings menu, locate the option for «Reset to Default» and confirm the reset action. Wir freuen uns zu hören, dass Sie die Möglichkeit schätzen, durch Wettbewerbe virtuelles Guthaben zu erhalten und so Ihre Fähigkeiten zu verbessern, bevor Sie mit echtem Geld handeln. With advanced trading tools and a user friendly interface, PrimeXBT is a popular choice for both novice and experienced traders seeking to profit from the highly volatile crypto markets. By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy.

10 Different Ways to Make Money with Cryptocurrency

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. Information regarding past performance is not a reliable indicator of future performance. PrimeXBT Turbo provides a range of features and benefits that are unique within the cryptocurrency industry, with this platform being the first of its kind anywhere in the world. Go to Settings > Security and enable Install from Unknown Sources if prompted. Information provided is for informational and educational purposes only and does not represent any type of financial advice and/or investment recommendation. PrimeXBT is upfront about its withdrawal fees, starting at $0. Whether you want to buy or sell your crypto, you can do so through one of Coinbase’s two main platforms. This is always a tricky aspect to analyse when writing up a review for advanced trading platforms. 1M+ community members. When you don’t have much time or skill, you might want to know the difference between social trading and copy. Furthermore, you need to be very cautious about the amount of margin that you use on any particular trade because it does influence whether your gains or losses get magnified. Go to the ‘Hub’ section from the main dashboard, and click on ‘Promo codes’.

Trade your favourite marketsTrade your favourite markets

Download the PrimeXBT app to trade, manage your investments, and stay updated with real time market data. Traders begin shorting Bitcoin on PrimeXBT by conducting thorough analysis using PrimeXBT’s toolset. I have never had any problem with KYC and have gone through the process successfully multiple times. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Date of experience: April 30, 2024. By following these tips and continuously improving your trading skills, you can use leverage on PrimeXBT effectively and optimize your trading strategy. EA Trading Academy does not hold registration as an investment advisor, broker, or dealer. In 2030, with widespread use of blockchain technology across multiple industries, Chainlink is expected to be a leading player in the oracle services market, providing a backbone for smart contracts globally.

Why use PrimeXBT?

This lets users make the most of market trends in different digital currencies. Date of experience: April 26, 2024. Mastery in Forex trading enables traders to focus on macroeconomic factors, allowing them to sidestep many of the microeconomic issues related to trading stocks or options. Get up to $2200 Bonuses. If you have decided that you would like to try out the PrimeXBT platform then you will need to register an account. Dear LucasThank you for the positive feedback. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Before placing a leveraged trade, check how correlated markets are performing, such as equities or interest rates. This will allow you to earn a commission from referring friends to the platform.

Depositing from MetaMask

PrimeXBT also offers big rewards, like a $200 bonus for a $1,000 deposit, a $100 welcome bonus for $500, and a $1,000 reward for over $5,000 deposits. 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. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. It is essential to comprehend the nuances of margin trading before putting any trading capital at risk. However, insurance coverage is still rare within the crypto industry. 04% in gains, but when you consider that they’re a newcomer and have already made it into the top five, shows amazing promise. Notably, there are no trust scores from CoinMarketCap and CoinGecko. 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. Tournaments for traders. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. Note: Users located in the US and UK are not supported. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. Anyone can view, post, and comment to this community. If you believe that the research in this article points in the direction of investing in Ethereum, you can do so relatively quickly by joining PrimeXBT. Wallets: Balances in US dollars and Cryptos are viewable on the Main page. ETH price has changed by 1. We’re happy to hear that the PrimeXBT platform has the tools you need. This is a good opportunity not only to test your knowledge and skills, but also to win bonuses funds that can be used in real crypto trading. To safeguard its trading ecosystem, PrimeXBT employs a combination of two factor authentication 2FA, SSL encryption, and a multi stage wallet strategy with the majority of the user accounts and funds in cold storage, underscoring their dedication to protecting user assets. Because they are offered through CFDs Contracts for Difference, users don’t have to worry about physically handle the storage of those products. Yes, trading fees typically include spreads, commission fees, and overnight financing swap fees, depending on the asset and platform. Those who struggle with the financing costs generally haven’t traded well, to begin with. The goal is to create transparency and align with global regulations, but many traders seek no KYC exchanges to avoid sharing sensitive personal data. If the position drops $100, the platform then moves $100 from your available capital to your margin capital.

Allow Installations from Unknown Sources:

Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Market Maker Dumps 702. PrimeXBT operates in full compliance with applicable regulations, making it a legal and reliable platform for traders from the United Kingdom. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. PrimeXBT offers a variety of trading options, allowing you to diversify your portfolio. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. Techopedia’s editorial policy is centered on delivering thoroughly researched, accurate, and unbiased content. This method effectively measures the capability of customer support to assist both active traders and casual investors. User Satisfaction Customer Satisfaction Score CSAT is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. This new influence offers a world of benefits for players, developers, investors, and companies. Injective Protocol INJ. Bybit is a cryptocurrency broker based in United Arab Emirates that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies. Headquarters: Switzerland. AffiliArt Affiliate Program. Customer support is available 24/7 through live chat and email. For PrimeXBT commodities, traders can trade popular items like oil and gold. This allows for the trader to benefit from a much larger position than would normally be available. USDT, USDC and COV can be deposited via ERC 20 or BEP 20 network. These services are governed by the legal terms and conditions of PXBT. 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. This may be a more prudent move as even the slightest amount of volatility can lead to an exhaustion of funds with 100x or 1,000x leverage. However, if you use a VPN, it is possible to access Bybit even if you reside in the United States of America. Investing can sometimes lead to holding through extended drawdowns, resulting in large capital loss, For example, when Bitcoin crashed in 2017, it collapsed by over 80% from peak to trough. This operation created a channel for money laundering that persisted over several years. Click Download and confirm the file download if you see a warning. The best PrimeXBT coupon code available is WETHRIFT25, which gives customers 25% off at PrimeXBT. PrimeXBT primarily accepts deposits and withdrawals in Bitcoin. Liquidation occurs when your position is automatically closed because the account balance falls below the maintenance margin requirement. When you get stopped out of a leveraged trade, there is no need to immediately put another trade in the opposite direction.

30% Welcome Bonus – Umarkets

The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Prime XBT Trading Services, S. PrimeXBT is an excellent cryptocurrency and crypto futures trading platform for traders who are looking for a way to use Bitcoin BTC, Ethereum ETH, and stablecoins USDT/USDC, or fiat accounts as margin collateral to trade cryptocurrencies and traditional markets. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. This sets it apart from other platforms. These promotional offers can significantly move trading and reduce overall trading costs, but it is important to evaluate whether they offer real value. Lucia, while Prime Technology Ltd, which is the technical provider for the PrimeXBT platform, is registered in Seychelles. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Visit our Help Centre. Both types of contracts are safe from any harm, but there is risk associated with these types of contracts that are exposed to the underlying asset’s market volatility. Crypto futures are just another asset class in which futures contracts and trading are now offered. As for customer support, PrimeXBT offers support via website, chat, or email, 24/7. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. PrimeXBT deposit methods unlock a world of flexibility as you manage your funds effortlessly. Click Download and confirm the file download if you see a warning.

Trading Robots

Feedback across their social networks is also good, which is why Primexbt is unlikely to be a scam or a fraudulent broker. Cryptocurrency exchanges make money by charging a fee on every trade that is made on their platform « trade fee ». I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. If you have any questions about trading strategies, the benefits of diversifying across different markets, or anything else on our platform, please feel free to reach out at. The file is verified secure by PrimeXBT. Below is a chart that shows how a traditional margin loan would work in a traditional stock brokerage. A take profit order is an advanced order type applied to open position, that sets a target exit price that achieved a level of profit specified by the trader. In that case, your order could have been filled at, say, $1327. PrimeXBT Crypto Exchange: A Comprehensive ReviewPrimeXBT is a leading cryptocurrency exchange that has gained significant popularity among traders worldwide. Debit/Credit Card Withdrawal Fee. In a world where data privacy and security are non negotiable, every user deserves an exchange that respects their rights, values their privacy, and ensures that compliance extends to all aspects of their operations. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. StoneHedge focuses on quality over quantity to make the most of every trade. Plus, PrimeXBT supports multiple currencies, so you can trade using the currency you’re most familiar with, just like shopping with your preferred payment method. This PrimeXBT welcome bonus offer is an excellent chance for every crypto user looking for a new platform to raise the funds that they have to trade. PrimeXBT is tailored towards seasoned traders who are adept at navigating complex trading environments. Clearly, if comparing eToro vs Prime XBT, the bigger active user base is gathered by eToro with around 30M users. However, like any investment, they carry certain risks, and their prices can be volatile. PrimeXBT offers trading in crypto, commodities, Forex, and indices through CFDs.

What currencies do you want to convert?

The general public interested in earning some yield from holding tokens can take advantage of the range of Earn products while exploring the Metaverse, NFTs, DeFi and GameFi dApps through the OKX Wallet. Finally, they also have advanced hardware modules where they run their trading technology. On 14 August it reached a monthly high of $0. This is also one of our main review criteria when it comes to grading an exchange. Often, only industry leaders offer such advantages, making choosing the best platform a little bit easier. Liquidity and trading volume are crucial aspects that determine your trading efficiency on cryptocurrency exchanges. The terminal is distinguished by its high speed operations and advanced functionalities. The fiat withdrawal process was straightforward but took a long time. During the month of October, we are giving 10 traders a scarily generous $1000 trading bonus. Some refuse to comply out of principle, others because they are not legitimate entities regulated by a central authority coined with protecting investors and the stability of the financial system. PrimeXBT has cool features like copy trading, where you follow top traders. 📈 PrimeXBT now features TradingView price charts across all assets, empowering traders with advanced technical indicators and comprehensive market analysis tools. These services are governed by the legal terms and conditions of PXBT. So if you decide to sell and make 100 percent profit on your initial investment, you could be missing out on 200, 300, or even 3,000 percent profit if you held a little longer. When it comes to convenience, power, and a complete experience with margin trading, copy trading, and much more, only PrimeXBT has it all. 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. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Best Regards,The PrimeXBT Team. In addition to trading, PrimeXBT clients can utilize copytrading auto copying of trades to generate income effortlessly.

Day Traders: Acceptable choice

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. While KuCoin and Binance remain the kings of crypto trading contests, what is interesting about PrimeXBT is that the trading contests are done with virtual funds in a demo account where traders compete against each other but can win real rewards like USDT cash prizes. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. You can check your login on PrimeXBT history in the account settings or security settings section of your PrimeXBT account. For instance, if both a deposit bonus and a fee reduction bonus are active, you’ll need to select which one to use, as they cannot be applied simultaneously to the same trade or deposit. 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. It assigns risk scores to deposits, identifying and isolating illicit funds, while avoiding support for anonymous cryptocurrencies or fiat gateways to mitigate money laundering risks. You have crypto rewards waiting to be collected. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. Once a customer has decided which trader they would like to follow, they will need to make sure the funds they want to copy trade with are in their main wallet, not the trading wallet. PrimeXBT positions itself as a platform that offers advanced security and copy trading features, among other features. PrimeXBT offers several unique features designed to enhance the trading experience. Today’s best PrimeXBT coupon is 50% off on orders over $50 with the code IMI50. The platform is designed to handle high trading volumes and maintain seamless operation even during peak market activity. Com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. For this guide, we will use Crypto, as the pair that we want to trade is the BTC/USD. The latter will not apply if you enter and exit the position within the day.

Download the all new Republic app:

We hosted an entire series on copy trading and how it can be beneficial to a large scope of traders: Copy trading series. PrimeXBT is a centralized cryptocurrency exchange CEX that offers a user friendly environment and 24/7 multilingual customer support for traders of all levels. Third Negative Funding Rate Reading for BNB Since 2023 Raises Concerns. In this case, you do not need to enter a verification code: you will immediately get access to the Personal Area. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. However, users have reported occasional technical issues and bugs disrupting trading. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. It will also help you identify if you have accidentally landed on a phishing site of some sort. The markets will have up and down years along the way, but the highest projected price was $0.

Joaquin Lopez

We’re thrilled to hear that you find PrimeXBT’s commission structure favorable for trading crypto futures. If an additional margin is required, it will automatically be taken from your account. Labeled Verified, they’re about genuine experiences. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. 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. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. During periods of high volatility or low liquidity, the execution of a stop order might occur at a price significantly different from the buy stop order call price. Keep up the great work. Com is committed to helping traders of all levels make informed decisions about which broker to trade with. It is also recommended that you stay informed about the occurrences in the market because prices react to market sentiment. This system offers more flexibility when trading and provides traders with more opportunities to adapt to different market trends and movements. Scalping is yet another trading style, focusing on getting in and out of positions as fast as possible, avoiding risk but also sometimes coming away with less profits overall. Together this trading technique is called leverage trading margin trading. We employ the latest security protocols to protect your money. Your initial value of the position at $12,000 now is worth $9,960 – of which $6,000 needs to be paid back. Get a unique referral link. When placing a market order or otherwise to trade Cryptocurrency, traders will want the order to fill as close to the selected entry. Bybit has become such a reputable crypto exchange that they have attracted institutional investors and professional firms as well as retail traders, despite the fact that they are unregulated. These services are governed by the legal terms and conditions of PXBT. Additionally, withdrawals to a bank card come with a hefty 5% fee. Although this may seem like an effective way to manage risk, it has drawbacks. Trading involves risk. Com is the best instant cryptocurrency exchange platform with the best exchange rates for BTC, ETH, LTC, XRP, ADA and 140+ other cryptocurrencies. For instance leverage can range from a ratio of 2:1 to 400:1 to as much as 1,000x — such as Bitcoin based margin trading platform PrimeXBT, which offers trades in a variety of assets. Additionally, withdrawals to a bank card come with a hefty 5% fee. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Direct Crypto deposits allow you to seamlessly transfer cryptocurrencies from your personal crypto wallets directly to your PrimeXBT Wallets, enabling quick and secure funding of your trading account. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. If you buy Shiba Inu, you must understand that it will more likely than not have a somewhat limited amount of utility.

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We may receive a commission for purchases made through these links. Basically, customers who choose to use this platform are on their own and do so at their own risk. Of course, to fully experience them, you will need to deposit money and get verified for the purposes of KYC and AML. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. With this in mind, let’s focus on one company in particular, and see how they stack up. This allows access to the markets. Dear PrimeXBT clients,. Scan the QR code with your device’s camera and get APK file. So, how does the security for PrimeXBT compare to Bybit security. Yes, They will give you 50usd but at first you have to deposit 100usd or 0. The platform offers its diverse customer base cutting edge products and professional trading conditions. 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. This amount is required to create a strategy, and they will be temporarily blocked until trading on the strategy is completed and the strategy itself is closed. It makes sure all trades on PrimeXBT are real and safe. Enter the amount you want to withdraw. It also provides a breakdown of individual crypto and US dollar balances. Note that registration on the site is very fast, no verification is required, so you will be able to start trading cryptocurrency almost instantly. Must admit that I am impressed by its reputation. When choosing your preferred trading platform, trading fees can really help you consider if the platform will be profitable for you or not. Keep track of your holdings and explore over 36,000 cryptocurrencies. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. XRP Whale Activity Hits Four Year Low: What Does It Mean for Traders. At current rates of EUR/USD at 1. For all questions, security issues, product related inquiries, and business proposals, please reach us.

Open free account

Our 24/7 support team here to help. An account with PrimeXBT is easily created just by clicking on the Register tab on the website. Virgin Islands, Northern Mariana Islands. This doesn’t necessarily translate to an increase in Bitcoin price, like increased activity in buying on a spot exchange. KYC, or «know your customer» account verification. These services are governed by the legal terms and conditions of PXBT. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. Kraken and Coinbase are two notable examples, as they have obtained approval from regulators like FinCEN US, FCA UK, ADGM Abu Dhabi, and AUSTRAC Australia.

Worse

Opening a Cryptocurrency account takes only a few clicks and usually some personal information such as email address. Accept the Terms and Conditions by clicking the check box. While some hedge funds blew up, some retail traders became overnight millionaires. What happens with the SEC lawsuit and whether or not Ripple does go public could affect XRP price predictions for the rest of 2022. This includes most «signals» groups which may also be PnD groups by disguise. Even if you’ve been trading for a short amount of time, you’ve most likely came across the terms – bullish,. Keep an eye on PrimeXBT’s social media for the latest offers. Levels to watch: The Resistance is at 1. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. Liquidity is also hardly ever an issue with KuCoin, given its 24 hour trade volume exceeds $1. With that said, metals can climb to 1:500. PrimeXBT is entirely encrypted with SSL encryption. This is necessary to start trading and to comply with regulatory requirements. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No.