About PrimeXBT

Between these two, if you aren’t interested in trading multiple asset classes on one platform, then Bybit is head and shoulders above PrimeXBT. The cryptocurrency fee is 0. Cryptocurrency, Forex, Indices and Commodities. Cryptocurrencies are digital currencies built on blockchain technology that exploded in a few years from an industry worth just millions. To check the fees and funding rates on the other markets such as indices, commodities, and forex, please take a look at this page. Tired of staring endlessly at charts trying to find profitable trades. This is fantastic news for all types of traders, from day traders all the way up to those who hold very long positions. Each exchange pair/direction will be subject to their own maximum daily exchange limits as well as exchange volume per transaction limits, with the current limits being. Multiple languages cater to an international user base. These include fan lines, Fibonacci, retracements, and other trend lines. It’s also where you access your margin trading, turbo predictions, and covesting strategies features. What you should know about high risk investmentsRead more. The developer, Prime XBT Trading Services Ltd. Because this is a short position, you deduct the closing price $7,354 from the opening price $7,400 of your position to calculate profit, before multiplying by its size of 10. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. Thank you for bringing this matter to our attention, and we hope to resolve it to your satisfaction. All forex pairs available with PrimeXBT are open 21:05 to 21:00 the next day, except for USD/RUB, which is open 07:00 to 21:00. Here are 8 tips for writing great reviews. Bitcoin represents a decentralized financial innovation with the potential to supplant traditional fiat currencies worldwide. This jurisdiction allows PrimeXBT to provide its services to customers from various countries while complying with the regulatory requirements of Seychelles. They say they give 10$ per every standard lot. PrimeXBT offers the following deposit and withdrawal methods, with the corresponding fees. PrimeXBT doesn’t cut any corners here and allows traders to use leverage of up to 1000x – this should be plenty enough for the vast majority of users. Once the margin account as been successfully set up and funded, the next step is to start placing trades. This will allow you to earn a commission from referring friends to the platform. All of which means that you should probably sign up to PrimeXBT and see how you can take advantage of this hugely promising crypto site. This review outlines the features available in the PrimeXBT trading platforms, along with the instruments and leverage. Leverage is a key feature of a PrimeXBT trading platform, and can be a powerful tool for a trader. Prime XBT allows you to secure your account using a solid email plus password combination along with Google Authenticator based 2FA.

Other significant advantages to consider

Learn more about Baksta’s Legal Terms. When users activate a membership plan by depositing and staking COV, various levels of benefits, based on the amount staked, will be unlocked. You can use this same process for depositing ETH, USDT, or USDC. ” Experienced successful traders, the kind you may want to call “very skilled,” operate strictly by these simple but effective rules. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Since then the coin has fallen back down to the $50 mark, butits explosive rise is indicative of what it can do down the line. Blockchain technology has greatly evolved from what it was when Bitcoin was created. It is estimated that DOT will be traded between $$101. Covesting’s leaderboard helps Followers pick winning traders to copy based on transparent performance stats. Allowing data collection from external sources opens up much more functionality when it comes to blockchain applications. However, the coins that have yet to set a new all time high, like Litecoin or EOS, could perform the best. The platform takes pride in one of the most advantageous referral programs in the industry. For Advcash and Perfect Money withdrawals from the platform the withdrawal fee is 5 USD. Returns or profits may be subject to capital gains tax.

How to recover the PrimeXBT password?

Otherwise, please leave this website. Verification of the account will extend 24h withdrawal limit and open additional rewards. Contributing Crypto Writer. 100% would recommend to a friend. Direct Crypto deposits from your personal Crypto wallets to your PrimeXBT wallets. However, it is crucial to take into https://primexbt-option.com/ account the dangers and disadvantages that could come with investing in Polkadot. Fees on PrimeXBT are also quite decent compared to the market average conditions. This is made possible because, when trading futures, a trader doesn’t have to pay for the full value of the contract upfront. There are multiple benefits to this, the biggest being the ability to prevent fraud. Blockchain Startup Investor Cryptocurrency Day Trader Adventure Traveller Foodie. Also, very important is to make sure that your stop loss will be hit before your liquidation price. In essence, what seemed like a profitable trade ended up in a loss due to these unexpected charges. For the uninitiated, “margin” is the debt, or borrowed money, that a trader uses to invest in other financial instruments. However, it should be made crystal clear that despite this being a PrimeXBT Crypto Futures review, this is a company that operates on many levels, offering a full suite of tools to its user base. We strongly recommend enabling 2FA on your email account. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. To evaluate brokers, we test the accounts, trading tools and services provided. In this case, if your TP/Limit buy order was NOT executed, this means that the ASK price of the asset has NOT reached the price specified in your order.

How To Get A FREE Sign Up Bonus

This market is offered at PrimeXBT, allowing you profit from the price changes of Dogecoin quickly without the hassle of taking custody of the actual coins. Next, users will be prompted to set a passcode and will be asked if they would like to set up biometric account authentication for added account protection. Your email address will not be published. For example, you are unable to execute an x50 BTC futures contract using cross margin. With PrimeXBT I unlock everything in trading. PrimeXBT supports trading Crypto, Commodities, Forex, and Global Indices. After the funds are deposited, they are credited to the “Wallet” balance. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. The platform has plenty of innovative trading tools with enough advanced features to satisfy even the most technical traders with all the charting and drawing tools one needs. Make sure to review our special guides about Understanding and Creating Margin trading accounts. The historical security record for PrimeXBT is commendable, with no known hacking incidents, suggesting a robust and reliable system. Some exchange platforms will require verification of your details; hence the account opening process can take a day or more.

Mirror Trading International

Comprehensive support and training, Global presence with a local feel, Uncompromising security, Advanced trading platforms. In this PrimeXBT Crypto Futures review, I will examine what it has to offer, what it flourishes at, as well as its limitations, in an attempt to explain whether it is a useful and worthwhile toolkit for people who are interested in futures activities. The platform’s focus on user friendly navigation, comprehensive market research, and robust security measures further underscores its commitment to providing a reliable and versatile trading environment. Their platform is easy peasy to use and orders are executed exactly at what price you set, it helps a lot, and I like it the most. Trade fees, overnight financing charges and settled PandL do not affect Bonus amount and are charged or booked to Trading account Balance. These barriers will then lead a trader in decision making. Now press “Create account”. DeFi is a trend that has helped Ethereum continue to strengthen its use case, moving more traders to buy Ethereum. 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. Refrain from linking posts on social media such as Telegram, Discord, Facebook, Twitter etc, except official social media content from PrimeXBT and Covesting groups and channels. To trade Crypto perpetual contracts, go to the Trade dropdown menu, select ‘Crypto Futures’, and your ‘Margin Account’. That’s the promise of ZK rollups, a groundbreaking. It is also limited to Binance and Bittrex. The reality is that nobody knows, and therefore any estimate at this point is only a guess. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. What is the Primexbt bonus. Another remarkable feature of PrimeXBT is its high security system. 5 BTC position it would amount to 50x leverage against your Equity, and so on. A detailed list of all available pairs and instruments can be found here. Die niedrigen Kosten machen PrimeXBT zu einer attraktiven Option für Trader, die nach einer erschwinglichen Handelsplattform suchen. This will result in maximum margin utilization at 1:200 leverage and 0% of Available Margin will remain. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. These added tools will come in handy in preparing strategies and learning from mistakes. History sub section reflects detailed information about your executed orders and positions. In order to calculate your potential profit, grab and drag the ‘sliding bar’ left or right to review your monthly revenue share based on the number of friends you invite.

What is price spread?

Traders can select “add widget” and they will be given a list of different ones to choose from. A candlestick has four points: open, close, high and low. You can drag and drop elements you want to use so it’s scalable from beginner to seasoned vet. We also assess the deposit and withdrawal options, promotional codes, investing fees, and KYC verification systems. Overall, PrimeXBT is a good pick for both new traders and experienced investors. We realize that margin trading requires a fair amount of skill and there’s plenty of risk involved, but as long as you understand this and budget carefully, there’s no reason why you can’t enjoy everything PrimeXBT has to offer. CFD markets are traded in what is known as a “lot. The benefit of the Futures exchange is there are two modes available for new traders and experts. The platform is designed to suit both beginner and expert traders. Ever feel lost trying to figure out the ups and downs of the market. Note, that it is highly recommended to do this BEFORE reaching Margin Call level. Allocating resources across various asset classes can mitigate the potential impact of market fluctuations and decrease the overall volatility of portfolios. Just this past week, Bitcoin price retested $20,000 and bounced 20% back to $24,000 per coin in only a couple of days. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. PrimeXBT Oil trading as a spot instrument has many advantages for investors who are only interested in price speculation. We continually review and adjust our policies to provide the best trading experience while maintaining the necessary security and compliance standards. However, according to the platform’s KYC page. Read our PrimeXBT review to see whether this is a legit crypto leverage trading site.

Pros

PrimeXBT also allows users to trade with leverage. Once this Accumulation phase is over, we expect to see a quick move in the ETH price either to the upside or downside in the coming days. PrimeXBT offers a comprehensive one stop solution that supports the trading of Crypto, Fiat, Commodities, and global Indices. Your choice between these exchanges should consider not just the trading features but also how each platform empowers you with knowledge and a sense of community. The use of stop orders can be a game changer for traders looking to enhance their risk management and decision making processes. All transactions are carried out anonymously. This trading style involves buying an asset and holding it for a long time. You can customize this charting interface and the numerous indicators inbuilt into the platform to suit all your trading needs. Bitcoin started off its life virtually worthless, with a value of far less than a penny when the Bitcoin Core client code was released into the wild. Given that PrimeXBT has developed a highly efficient trading engine, they are able to execute orders at below 7. By signing up, you agree to the our terms and our Privacy Policy agreement. Hope all your problems will be solved. Cardano stands out from its rivals thanks to its layered architecture, focus on formal verification, and commitment to creating a safe and integrated blockchain environment. Based on this review, PrimeXBT appears to present an appealing choice for traders seeking to engage in leveraged cryptocurrency trading.

AndreasK

With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. Each Reward is subject to a unique set of rules and conditions. While several factors drive the Bitcoin price higher, there are still several risks. Claim up to $7,000 in Bonus. Those wondering how to make money trading crypto futures should understand that futures are now typically used by price speculators, as opposed to the hedgers described above, and the underlying asset is rarely delivered and the contracts are settled using their equivalent cash value. When buying, you will get the Ask price; when selling, you will get the Bid price. Users can long or short over 30 top Crypto assets including Bitcoin, Ethereum, Solana and Cardano to profit from both rising and falling markets. Perfect Money Account ID used to make a deposit will be preselected automatically. Activity sub section reflects logs of all recently placed, canceled, rejected, modified or executed orders, as well as margin call and position liquidation notifications and system messages. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Trading on margin is extremely popular among retail traders as it allows for a significant market exposure with a relatively small trading account. Detailed information regarding the maximum order size and exposure limits for all available instruments can be found in our special Trading Limits article. Everyone can start copy trading by opening an account with a copy trading provider, choosing a trader, and clicking “follow”. If your limit price gets jumped, you could see heavier losses. Returns or profits may be subject to capital gains tax. That’s the promise of ZK rollups, a groundbreaking. With mobile trading, traders can monitor their positions, set up price alerts, and make trades from anywhere in the world. Users can deposit PrimeXBT supported Crypto, purchase Crypto with a credit/debit card or SEPA, using Coinify, or deposit Fiat. Shorting Bitcoin on PrimeXBT is possible thanks to the contract for difference market that enables price speculation without physical asset ownership. Prime Technology Ltd is PrimeXBT’s Technology Provider. I got caught yesterday in a very expensive 25x position on a short sell. All trading is risky.

Claim Free NFT Certificate

Keep reading for an in depth comparison between PrimeXBT vs. 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. With the present risks involving the presidential election, another selloff of Bitcoin is likely expected as President Trump and VP, Joe Biden’s campaign head into November. Users can deposit, withdraw, exchange, and transfer Crypto. Date of experience: 16 April 2020. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. PrimeXBT provides wallets for BTC, COV, ETH, USDC, USDT, and US dollars. Charts are powered by TradingView, giving users the full suite of technical indicators and drawing capabilities to carry out comprehensive technical drawings. This exchange is limited to cryptocurrencies. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. Direct deposits from your bank card to PrimeXBT are currently not available. Inexperienced traders or institutional investors can be fixated about entering trading positions when the price hits a round number. For example: you have 0. It offers all the features of the desktop platform, ensuring I can monitor and execute trades seamlessly from anywhere. The company is not bad, but there are nuances: my terminal hung up a couple of times, well, I spent time going through verification, be healthy. That’s why you always need to keep an eye open on your active trades. If Bitcoin price decreases, then your account loses value accordingly. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Thank you for bringing this matter to our attention, and we hope to resolve it to your satisfaction. In this case, if your TP/Limit buy order was NOT executed, this means that the ASK price of the asset has NOT reached the price specified in your order. Trade Fees are as follows. 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. See our full PrimeXBT review for the list of restricted countries. Here’s an overview of the fees charged on PrimeXBT. Get huge savings on the biggest crypto brands with custom discounts and deals. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. As of April 4th, 2024, Binance introduces Saga SAGA, spotlighting it as the latest innovation in their lineup as the 51st Launchpool project, with the mission to redefine the landscape. We also ensure all reviews are published without moderation.

Collect Your Rewards

Below is an order page for a stop loss order on PrimeXBT. The exchange was established in 2019 and lets investors trade more than 330 cryptocurrencies, including with leverage. Ultimately, the selection of CFDs allows for portfolio diversification beyond digital currencies and crypto futures. 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. With this also comes high cybersecurity standards that are regularly tested and audited to protect client’s capital. While Coinbase is best known for its retail operations, it has a robust offering for institutional investors and financial institutions. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. And 11 tradable indices. 5 for PrimeXBT and 3. Submitted 3 days ago by barham90. You can deposit any amount that would be sufficient to provide the required margin for your trades.

Collect Your Rewards

Io is a fintech/software development company that offers a comprehensive suite of investing and trading products, and is a partner of PrimeXBT. The adjustable margin system enables traders to efficiently manage their positions and risk by automatically adapting the required margin based on their balance and position size. Removing the bonus from your Trading account will lead to a decline in your Equity and potentially insufficient margin followed by the liquidation of open positions. Instead, they only need to deposit a fraction of it, which is called the “initial margin. This dog themed meme. The current Spread for a particular order size can be checked at any time using the ‘Dashboard’ widget. Blockchain will help restart the world economy. We strongly recommend enabling 2FA on your email account. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken.