Is Trading PrimeXBT Worth $ To You?

Spot Trading Definition

It’s important to ensure the address is correct to avoid losing funds. They use leading tech to analyze text quality and to detect plagiarism and generative AI. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. This plan should encompass several key elements. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. If you use this specific link you will get a very valuable FREE bonus if you meet the deposit requirements. It has a big list of crypto market assets, including big names like Bitcoin and Ethereum. For example, if you deposited with Volet, you must also withdraw using Volet. There is a long list of strategies traders and investors use. Their Mobile App has a scam to it. For example: you have 0. Register and join our community with millions of traders from all around the world. This will redirect you to the trading page and chart of your margin account. Please adhere to our Community Policy for writing reviews. It’s critical to remember that market dynamics, investor mood, and overall adoption within the cryptocurrency ecosystem all have an impact on Cardano’s value in addition to real world uses. PrimeXBT Trading Services LLC is not required to hold any financial services license or authorization in St. Short positions with allows you to profit from a Cryptocurrency’s price decline. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. 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. Returns or profits may be subject to capital gains tax. While PrimeXBT continues to expand its global reach, there are certain jurisdictions where the company does not provide its services, such as the US and Canada, due to regulatory restrictions. How Funding Rates are calculated. Copy trading is a great tool for a lot of users with any level of experience. 448482 by 22 April and then go on a decline to hit $0. There is now no denying that the digital asset class is here to stay. Our website uses cookies. PrimeXBT was founded in 2018 and became a leading cryptocurrency exchange for derivative products and margin trading. Withdrawal Crypto only. So, how do these distinct elements collectively shape the trading experience on PrimeXBT. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses.

Investment Products

There is Bitcoin trading with leverage up to 1:1000. Amazon has come a long way since its humble beginnings as an online bookstore back in 1994, and an IPO. The broker keeps client funds in segregated accounts and ensures negative balance protection. At this point, it’s simply a matter of clicking “Send Order” to complete the perdagangan PrimeXBT transaction. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. This is how the registration form looks like. Attend exclusive PrimeXBT events, network with other clients and learn new skills. During my PrimeXBT review, the in house copy trading service stood out. Download the PrimeXBT app to trade, manage your investments, and stay updated with real time market data. The required margin is different for each trade, so make sure your account is appropriately funded. A very common way to enter a short selling position is to wait for a pullback into a commonly followed moving average. Unlimited via Perfect Money. Dear Andile,Thank you for sharing your excitement with us. The platform you choose needs to allow you to perform smart and fast trades. I can only click the Trade button and instantly get to the main terminal. We’re committed to providing a robust infrastructure that supports traders in managing their exposures and achieving their trading goals. It’s great to know that our support team has been able to assist you effectively, even in complicated situations. We utilize Bitfury’s Crystal AML compliance software and blockchain monitoring toolset on all incoming transactions. Gotta give credit where it is due, the Bybit team seriously stepped it up. Excessive overnight fees make it challenging for swing traders andlong term investors to achieve consistent returns. 89, an average price projected at $8. We found that there is enough information available for any customer to get their online trading career underway. PrimeXBT is also continually adding new ways to interact with the platform and the trading community, such as an easy way to buy crypto using the free PrimeXBT mobile app. Overnight financing is not charged on weekends for markets that are closed during this time, however a triple financing rate is due on Thursday 00:00 UTC. So, what about Kraken. Due to the possible delay and the rounding of values, the displayed calculation results may deviate from the actual parameter values applicable in the live market.

7 Shrimpy

Here is a look at the Bybit trading interface. Prioritising client safety goes further than just educating clients about the markets; it extends to how we, as a brand, promote our products and services. Jumping into margin trading without a plan is like venturing into a battlefield unarmed. Overnight financing fees, also known as swap fees, are charged for positions held overnight. FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY IN ORDER TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. This can result in up to a 50% revenue share. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Instead, you only need to cover the margin, which equals to 1% of a total position size, or $629. These tools include advanced charting, technical indicators, and the Covesting module, which allows you to follow and copy the trades of successful traders. To open an account, you must provide your email address and create a password. It is a great diversification hedge.

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Larger positions will require more margin and hence reduce exposure – and subsequently broader risk. In order to make any movements from the cold wallet to the hot wallet, they make use of multi signature access that needs to be executed by multiple employees. 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. The PrimeXBT iOS app keeps your data and funds secure with Face ID and Touch ID, along with two factor authentication 2FA. As a result, the investment will often look to those countries to expand. They are registered in Seychelles and have offices in St. FSCA Regulated SAFCA Regulated UKASIC Regulated AUSCySec Regulated Cyprus. This past information can then be used to make informed decisions about the future. Short positions allow investors to profit from price declines, adding a unique dimension to trading strategies.

Is PrimeXBT Right for You?

Primexbt in this regard suit me most, thanks for infrastructure. Insurance coverage:Some U. The record high Cardano price is over $3 per ADA coin. Be sure to research which wallets are currently the best. Crypto exchanges offer varying leverage ratios when trading Futures. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. PrimeXBT has different minimum deposit requirements depending on the method used. For instance, funding fees for BTC on Binance and Bybit were both 0. Content, research, tools, and coin symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular asset or to engage in any particular investment strategy. It’s crucial to consider these costs to avoid unexpected charges. One easy to use way to store your XLM is with software wallets. Check the analysis report on Top rated Crypto Wallets that are safest for your funds. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. Please note: both the registration form and the Personal Account you will create are still only available in English. As the second largest meme coin and a widely recognized coin offering a wide variety of use cases, Shiba Inu has a high likelihood of recovering in the next bull run. Deposit Purchase crypto via bank card or transfer via third party companies. When doing Cardano price predictions, Technical Analysis is particularly vital for several reasons. My deposit was credited after 20 network confirmations, which took a few minutes. When the stop price is reached, a stop order becomes a market order. Users can use isolated margin and cross margin as well. Click on the link so that you can verify your email address. Educational Purpose Only: The materials provided by EA Trading Academy, including all videos, are intended solely for educational and informational purposes and are not to be interpreted as trading advice. Trade big events with PrimeXBT. While leverage offers significant benefits, it also comes with increased risks. If you have any further questions or need assistance, please don’t hesitate to contact us at. This additional security layer ensures that your account remains protected from unauthorized access. Yet, the ease with which one can leverage these trading opportunities remains uncertain. Most crypto platforms don’t include other assets but primexbt makes sure to add different instruments and provide its client with diversity. KYC procedures also help clients filter through bad actors more easily. Gold and silver are also offered.

Can I buy crypto on margin?

However, you can check the operational status of the trading engine, deposits, withdrawals, and website on their status page. By employing these risk management strategies, you can approach Bitcoin options or any leveraged trades or Futures contract with a more informed and cautious perspective. PrimeXBT Trading Services, S. This affords opportunities to diversify your portfolio and make more money. Discover top crypto shorting exchanges with Bitcoin. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. To wrap it up, PrimeXBT is a robust platform with an array of features that cater to both new and seasoned traders. Best regards,The PrimeXBT Team. Information regarding past performance is not a reliable indicator of future performance. SUI to DOT Currency Converter.

Allow Installations from Unknown Sources:

Fees vary depending on purchase type. We’ve rounded up 15 of the best non KYC crypto exchanges in December 2025. It’s really cool that they provide so many altcoins for trading. 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. It’s great that our integration with Binance Pay adds to your experience, reinforcing our commitment to providing a crypto focused trading environment. The platform charges a trade fee for entering a position, and the platform charges overnight fees for financing a position overnight. These security features collectively ensure that PrimeXBT provides a secure trading environment, helping to protect users’ funds and personal information against potential threats. Benefit from zero commission and spreads as low as 0. Thus, in the event of a liquidation, the trader’s available balance won’t be used in full to add margin to their position. All the services on the Tradersunion. PrimeXBT offers competitive trading fees for British traders, ensuring cost effective trading across all available platforms. Here, we’ll take a deeper look at the most popular Bitcoin trading strategies. Outstanding developer of the year. 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. 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. None available at this time. The markets can suddenly move in one direction or the other, and it isn’t always favorable. PrimeXBT offers its traders 3 different types of orders for entering and exiting trades. On the other hand, PrimeXBT has a mandatory Bitcoin address whitelisting feature. Circulating supply is 29781647720 XLM. Click Download and confirm the file download if you see a warning. Users can trade long or short to enhance earnings through rising and falling markets. One of the primary security features is two factor authentication 2FA, which adds an extra layer of protection to user accounts. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. Returns may be subject to tax. PrimeXBT Deposit :On PrimeXBT we offer Direct Crypto deposits from your personal crypto Wallets as well as alternative Deposits via Bank/Credit card/SEPA Transfers. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Org’ was registered on August 18, 2008, marking the first mention of the asset by name. 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.

Which wallet will my Crypto be credited to?

Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. For those that do not know, trading on leverage is a way for the individual to get more exposure to an asset than they have put down in funds. Even artificial intelligence is being used to forecast Cardano price movements in advance. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. Orders may be rejected for reasons like insufficient funds, slippage settings, or reaching the maximum allowable open positions. Others call for astronomic price forecasts of hundreds of thousands of dollars to millions. PrimeXBT is an excellent platform for trading traditional and digital assets. PrimeXBT is no exception. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. 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.

Buy

Following up on the most frequent requests, we are tuning up the Covesting conditions for an improved experience. So, let’s dig into their arsenals and see which platform packs the firepower you need. Unlimited for verified users. The broker developed its proprietary trading platform, PrimeXBT WebTrader, which also has a mobile version. Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. Binance is generally more suitable for beginners due to its user friendly interface, extensive educational resources, and support for a wide range of cryptocurrencies. Cryptohopper is an automatic crypto trading bot that offers a copy trading feature, allowing users to replicate the trades of skilled traders. So it is up to you to report rule violations when they happen. Receive the latest news and stay informed. In the next section, we will provide a detailed guide to the identification documents required for the KYC process. This is important to note since it is wise to choose a trader who has a long, proven track record rather than one who has been on the platform for a few days. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. For residents located in these countries or traders who prefer spot trading which is more common, I recommend checking out our OKX review and Binance Review. ✔️ByBit for leveraged trading ✔️Margex for really crazy leverages.

TOP3 Recommended Crypto Exchanges:

Date of experience: November 25, 2024. US users have access to more than 70 coins, which far outpaces PrimeXBT. Limited educational resources. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. This took place after Bitcoin’s, but XRP hasn’t been able to recover anywhere near as well since. Meanwhile, Blinks is a tool that enables users to perform blockchain transactions directly from websites and social media platforms. PrimeXBT’s focus on functionality makes it ideal for traders who require advanced tools and features to implement their strategies. Understanding the various types of trading orders empowers traders to navigate the markets with precision and agility. Make sure to check all email folders such as Spam/Promotions/Notifications/Updates/etc. PrimeXBT provides a wealth of educational resources to help users enhance their trading skills and knowledge. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. There was a 300$ referal campaign bonus. For detailed tutorials see. In truth, this company handles much more than just futures and copy trading; to learn more about it, check out our full PrimeXBT review. What should traders know about the PrimeXBT account opening process. Trading fees are a really important consideration as they can directly impact your profitability in the long run. As is the case with any exchange, there is always a possibility of hacks. Bybit also offers a lot more crypto centric products like the Launchpad and NFT marketplace and features a better built out Earn section. The platform’s commitment to uptime is crucial for traders who need to respond swiftly to market movements. Offer is Applicable: New Traders. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. If you have specific tools or features in mind, please let us know at. 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. User Interface and Trading Experience:PrimeXBT offers a user friendly and intuitive trading platform that caters to both beginner and experienced traders. 03% for swaps well, its Trader PrimeXBT BR actually 0. For a trade which spans months, therefore, the gain or loss for the month ending with an open trade is the marked to market gain or loss. Comments: I have been using Prime XBT for 4 months now and I must say it’s really been helping me a lot with making crypto trading easy and efficient. With PrimeXBT, the fees are actually pretty straightforward. It’s certainly for those into crypto trading because there are cryptos available in various forms, i. Speedy execution and high leverage benefit traders across crypto, forex, and commodities markets.

Arreglos

One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. If you have any other suggestions or need assistance, feel free to reach out to our support team at. For example, if you trade one BTC/USDT futures contract at the price of $69,000, and the funding rate is 0. For traders seeking focused crypto exposure or an escape from traditional markets, PrimeXBT now provides a specialized, cutting edge environment purpose built for digital assets. PrimeXBT’s copy trading module allows users to automatically replicate the trades of successful traders. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. This system ensures that while you might not get instant transfers, there is predictability, which is a comforting thought in the volatile world of crypto. Opening an account on PrimeXBT is relatively easy. Bybit goes above and beyond, providing some of the most in depth analysis reports and tools free for anyone to access, so a tip of my hat to the folks over at Bybit for their selfless efforts here. On the other hand, if it drops below $1. As a result, the price of COV on PrimeXBT is influenced by changes in the BTC price. Labeled Verified, they’re about genuine experiences. While it operates in the crowded trading landscape, PrimeXBT has built a solid reputation for its robust security measures, competitive fees, and 24/7 customer support, making it a compelling choice for traders seeking diverse trading opportunities on a single platform. With a limited supply of 21 million coins, Bitcoin is deflationary by design, making it a popular store of value and hedge against inflation. BTC USD — ETF comparison tool. According to the provider’s website, they use AI based tools to monitor the cryptocurrency market, which again, according to Signals Blue, allows them to produce and provide signals quicker than anyone else. At PrimeXBT, we strive to provide timely and helpful support to ensure our users have all the information they need for effective trading. Though on the flip side, being an unregulated broker means you need to place a lot more trust in the company and are depositing funds at your own risk. 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. PRIOR TO TRADING WITH MARGIN YOU SHOULD CAREFULLY CONSIDER THE TERMS AND CONDITIONS OF THIS WEB SITE, TO THE EXTENT NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. It’s ideal for opening, closing, and adjusting positions, as well as placing market, limit, and stop orders while managing trade exposure. Automated trading bots are implemented to lower the possibility of loss and increase the chances of profits. OKX also provides features like earning and growing holdings, loans, Jumpstart for new projects, and a DeFi and Web3 marketplace. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Smooth mobile trading is a must have perk. Dear Mustafa,We’re thrilled to hear that our blog and price prediction tools are valuable resources for managing your trading effectively. This comparison highlights the differences and similarities to help traders choose the most suitable platform for their needs. Best regards,The PrimeXBT Team.

Full Name

Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. With a solid market cap of $199B, ETH proudly places second after Bitcoin, with an astonishing daily 24H trading volume of $6. If you have any questions or need assistance as you continue to explore and use the platform, please don’t hesitate to contact us at. The platform showcases top traders’ portfolios and returns, enhancing the trading experience. Historical data suggests Ethereum has consistently correlated with Bitcoin’s price fluctuations after halving events. It’s important to stay informed about the latest fee structures to manage your trading costs effectively. For this sample position, we will use a regular market order to buy BTC at the current rates. My deposit was credited after 20 network confirmations, which took a few minutes. ℹ️ Please note that copy trading can be risky pic. Conflict of interest policy. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. Here are the trading fees on PrimeXBT. The support team strives to address user queries and concerns promptly, ensuring a positive customer experience. We recommend reviewing it carefully to ensure a smooth verification process. On the flip side, let’s imagine a situation where a trader sets a stop order at a conservative price level in anticipation of a market downturn. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. The Covesting module, in particular, is often highlighted as a valuable feature that allows users to follow and replicate the trades of successful traders, making it an attractive option for both beginners and experienced traders alike. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Returns or profits may be subject to capital gains tax. The most important thing you can do with any trading plan is figure out whether or not it is profitable.

Finport

So, if you’re not sure what a ‘bull market’ is or how to read those confusing charts, PrimeXBT has your back. Additionally, withdrawals to a bank card come with a hefty 5% fee. Scaling makes sure that decentralized oracle networks integrate latencies and throughputs essential for high performance blockchains, layer 2 solutions, and Web2 systems. It follows a subscription based copy trading model, which allows you to copy strategies from individual traders and investors. We strive to balance accessibility with premium features to enhance the trading experience. Click the “Sell” button, and then click the “Send Order” button to execute the trade. It’s also where you access your margin trading, turbo predictions, and covesting strategies features. The funding rate for buying is 0, 01%. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Additionally, paid members may receive other trading tools and perks like advice on their portfolio selections and signals for other markets like Forex or Commodities. Besides, it protects your password and privacy by hashing them using bcrypt with a cost factor of 12 and encrypting all other sensitive data. There is charting, easy order execution, and account management. With exceptional customizability, range of investment options, list of order types, low trading fees, withdrawal options, and other features, PrimeXBT is an ideal platform. In just over a year, it has skyrocketed to reach an all time high of around $258 in September 2021. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. While it supports copy trading, the platform lacks automated trading functionality. 01%, while on PrimeXBT, they were consistently over 0.