About us

Traders may also e mail their questions, and I recommend the Help Center as a first point of contact, as it answers many questions. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. PrimeXBT offers a transparent fee structure that is competitive within the trading industry. Returns or profits may be subject to capital gains tax. This section will provide a detailed list of the countries where PrimeXBT operates, highlighting the key markets and regions where the platform is most popular. 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. Finally, in fifth place, wesfin1 has achieved a 9. Unfortunately, momentum is not on the buyers’ side, and it does look like the market may be trying to form a bit of a descending triangle on the weekly chart. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. PrimeXBT does not support direct fiat deposits. Read our Terms, Cookies and Privacy Notice. You can customize the calendar to see only the most important fundamental news with the greatest potential impact on the market. 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. However, unlike some exchanges that prioritise complex derivatives, PrimeXBT offers a straightforward way to buy and hold Ethereum. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Now for a few downsides. Virgin Islands, Northern Mariana Islands, Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. Here is a look at the different membership plans available with COV staking. Bonuses can reduce fees, increase margin, and https://primexbtreviewtr.com/promo-codes/ offer better trading opportunities, but they expire after a certain time and are removed if users withdraw their own funds. Remember, terms and conditions apply to these promotions.

PrimeXBT Full Review

PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. In PrimeXBT, you can choose a trader and subscribe to his trades to earn without effort, or you can open your own trades for copying and thus also receive additional profit. Both the Android and iOS versions of the PrimeXBT app offer unique features that enhance the trading experience. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. Information regarding past performance is not a reliable indicator of future performance. Good platform to learn how to trade. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. 1% of the required capital in order to take out that position. Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. After a thorough exploration, I’ve identified the top apps for crypto trading that offer this transformative feature. Simply put, CFD markets allow for better money management. Withdrawal options include. If you do not have an account, you can create one directly from the app. Walmart launches various campaigns at primexbt. Leverage reflects the amount of your own funds margin required, in comparison to the size of the position you wish to open, i. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. We would like to resolve this matter to your satisfaction and restore your trust. Bybit claims that 100% of customer funds are kept in a cold storage air gapped environment, and the only funds exposed to hot wallets for customer withdrawals are the company’s own funds. Their fees are typically less than $2. The file is verified secure by PrimeXBT. Areas for Improvement. Polkadot enables parachains to safely exchange data and assets through a method known as “cross chain message passing,” opening the door for cooperative apps and shared resources between several blockchains. Please reach out to us via email at. PrimeXBT Demo Account. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Anyone can view, but only approved users can contribute. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457.

Research

Visit PrimeXBT Platform and get 35% on Your First Deposit. PrimeXBT is an acceptable choice for day traders. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. All you need to get started is a non custodial wallet like Trust Wallet. CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades. Com, which the website earns in the form of advertising payments. They can gain value based on the level of demand and supply. The trade fees are very straightforward. The network’s native coin, ADA, is named after Ada Lovelace, the 19th century British mathematician who is widely considered to be the first computer programmer. Get $100 off your first purchase at Primexbt. I’m trading only crypto futures because I prefering a high volatility on financial markets and the crypto PrimeXBT trading contests market is ideal for my trading strategy. Looking at the other spreads paints a picture that it is near impossible to have a chance in making any money. When you are repaying back the money owed to the broker, you will have to include the interest rates earned. For oil contracts, Avatrade uses a spread of $0. It supports a truly vast array of options for viewing trading data, not to mention a large amount of raw data to organize. BingX, founded in 2018, is a unique platform that combines social networking with trading, allowing users to follow and copy trades from others in the community. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. It appears to have a lot of the same functionality that you have on the desktop platform. Charts: TradingView powers Charts on PrimeXBT. This is an order that is used to take profit on a trade that has worked out in a trader’s favor. Frequently Asked Questions.

Bybit Earn

PrimeXBT Trading Services, S. Do not link any content to this sub or beg votes or comments. PrimeXBT does not require KYC Know Your Customer verification for its users. In addition to offering margin trading up to 100 times your initial investment amount, it also has a novel “covesting” feature that lets you see and mimic the trading moves of top investors on the website. Make sure you understand the difference between Spot and CFD trading before getting started. Compensation Fund per user. The platform also offers forex, stock indices, oil, gas, gold, silver, and more alongside cryptocurrencies, at up to 1000x leverage. The project is positioned as a potential long term player in the blockchain sector due to its lofty ambitions and emphasis on academic research. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Providing financial education to those who need it most has always been a passion of mine. PrimeXBT has grown over the past few years to handle up to $950 million each day in global trade volume across various cryptoassets and traditional assets like stock indices, forex pairs, and commodities. New users can also get up to $50k in sign up bonuses when they sign up using our Coin Bureau link. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. EASIEST money of my career, pretty much. For new traders learning to trade, this can be a great way to gain exposure to trading strategies and be able to analyze how a successful trader approaches the markets. I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. In his current role, Mr. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. In this how to withdraw money from PrimeXBT guide, we’ll cover everything you need to know about withdrawing your assets from PrimeXBT and transferring them to your Zengo wallet. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. One common mistake is not fully understanding the terms and conditions associated with the bonus. That being said, it does make a certain amount of sense that Cardano will be one of the winners in the future, as it is peer reviewed and so widely followed. Here’s an example:If you have 1 BTC on your trading account balance – we will provide you with 1/100 margin and it means that the max position Long or Short you can open is 100 BTC. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. Primexbt seemed to me, as the absolute legit option for crypto trading, They`re backed up by some regulations licenses and have their own compensation fund.

Withdrawal Timelines

Username or email address. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. I have screenshots as evidence. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. 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. A similar spot trade without leverage would result in only 3 ETH earned. Binance Coin set its first new peak in 2019 and another in 2021. 5% float rate and 1% network fee. Industry trends, competition, and analyst recommendations further sway investor perceptions. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. They also go over broader trading disciplines such as Technical / Fundamental analysis etc. For Followers, it’s an opportunity to automatically replicate successful trades, unlocking passive profit potential without actively participating in the market. Information regarding past performance is not a reliable indicator of future performance. Get access to a wide range of trading, investing, and Crypto services from a single app. 025 just recently on Black Thursday in March 2020. Learn more about Baksta’s Legal Terms. This unexpected action has raised concerns and indicates a significant shift in monetary policy that may impact the wider economy and financial markets.

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The biggest strength for PrimeXBT is that it offers multiple different asset classes for traders with deep liquidity and a high performance trading/matching engine for a flawless trading experience. Virtual Assets are high risk products, highly volatile, with fluctuating values. Withdrawals are processed 7 days a week. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Reading Trustpilot reviews can provide valuable information on PrimeXBT’s reliability, user satisfaction, and overall performance. Dear Luis,We’re glad to hear that you’ve found the PrimeXBT trading platform convenient and easy to adapt to, and that it has enhanced your trading skills. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4. The company recently rebranded both its app and website. Minimum order sizes for all trading instruments are specified in the Tariffs and Conditions on the page. Supported CFD Indices include the ASX 200, DJIA, Euro Stoxx 50, CAC 40, DAX, FTSE 100, Hang Seng Index, IBEX 35, Nikkei 225, Nasdaq, and the SandP 500. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. Cryptocurrency deposits are usually processed within minutes, while credit/debit card deposits are instant. Regular profits due to beneficial conditions, low fees, tight spreads, and a lot of assets to trade. A short position involves selling an asset with the expectation that its price will fall, planning to buy it back at a lower price. Improved Technology: Dogecoin may become more appealing to investors and developers if new technology is created that enhances its scalability, security, or utility. Despite this, PrimeXBT still comes out more expensive than other platforms, where you can get a cheaper credit card fee of 2% on Binance and Crypto. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. One easy to use way to store your XLM is with software wallets. Bank grade encryption protects data. It is worth noting that Perfect Money charges the 1. Deposit and Withdrawal. You must also know which asset you are interested in trading, in this case, most likely Cryptocurrencies. It is split into two. Users can deposit cash directly to their Cash Wallets on PrimeXBT from. The Ethereum network continues to be being defined, as new use cases are in the hands of developers, quite often with different backgrounds. When using live chat, I usually received a response within 2 minutes.

Automated Trading: Not Recommended

PrimeXBT offers a variety of bonuses and promotions for both new and existing users. In general, the approach has been. Robinson is also a member of the Young President Organization YPO, NextGen network of executives and the Council of Urban Professionals CUPA. This makes it possible for traders to profit from the significant volatility that characterizes cryptocurrency markets. Unlimited for verified users. During the month of October, we are giving 10 traders a scarily generous $1000 trading bonus. For each direct referred by the affiliate or indirect referred by his referral client, the affiliate receives from 5% to 20% commission according to the following scheme. Higher leverage can help increase profitability, but can involve more risk, and needs to be managed. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. This includes stocks, currencies, indices, and commodities. Another instrument gaining traction in derivatives markets is the concept of leveraged tokens. It is like anything else in trading, if you have a reasonable strategy that has a positive expectancy, short selling can be very worthwhile.

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These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. Or search for a confirmation email from. The account creation of the PrimeXBT live account is rather simple, Payments are done instantly too 😁😁. We use dedicated people and clever technology to safeguard our platform. In May of 2018, Covesting joined the Enterprise Ethereum Alliance. Use correct spelling, grammar and punctuation. The regulatory framework is different among countries, and it is always important to assess your country’s regulations to ensure that you do not fall into legal trouble. PrimeXBT is committed to adhering to international regulations and implementing measures to ensure compliance with legal standards in the jurisdictions where it operates. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Scan the QR code with your device’s camera and get APK file. PrimeXBT offers a wide variety of assets and trading pairs for traders. PrimeXBT offers over 100 tradable instruments on its Forex and CFDs account, including currency pairs, commodities, indices, and cryptocurrencies. Advice to everyoneDeposit $ 5 in any good company and tradingBecause all companies no deposit bonus are scams. You paddle some more. Now you can log in to your PrimeXBT account and explore the app’s features. Although it has been a significant commodity in the past,. That dream has started to fade as investors realize that returns in the stock market could be done for some time. Additionally, the account type is pretty flexible in terms of its maximum leverage. Its intuitiveness and simplicity provided a pleasant trading experience. Being so new to the market, it is no surprise that their website has taken on a very modern design. Partners can track their earnings in real time, providing full transparency and control over their income. The worst performing pair on PrimeXBT is currently FTM/USDT, which saw a 15. PrimeXBT is a perfect match for copy traders. A trading fee is incurred any time a position is opened or closed as a percentage of the transaction amount as shown below. Financial authorities address these risks by introducing regulatory measures, with Know Your Customer being one of them – find out what it means here. What stands out about the PrimeXBT demo account. For instance, you can rearrange the locations of the various widgets, change the layout of columns, and even modify chart settings for additional customization. Low tier regulators tend to offer the least comprehensive oversight of brokerage firms. Some exchanges need to verify these details by asking for proof of identity and a proof of address. I reviewed PrimeXBT’s legal documents and found that everything was in order.

Grab Binance $600 Bonus

The PrimeXBT iOS app keeps your data and funds secure with Face ID and Touch ID, along with two factor authentication 2FA. However, it is worth pointing out that SHIB can work with smart contracts, and there is a DEX in the ecosystem. 0001% on forex, indices and commodities. Our website uses cookies. Because of this and the possibility of broader adoption in Africa and beyond, Cardano could have a bright future. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. Returns or profits may be subject to capital gains tax. Notably, there are no trust scores from CoinMarketCap and CoinGecko. Returns or profits may be subject to capital gains tax. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. 1M+ community members. NET Affiliate Program and earn commissions promoting virtual cards for online shopping and advertising. In addition to trading, PrimeXBT clients can utilize copytrading auto copying of trades to generate income effortlessly. Not all trading or investment strategies are created equal, and some are better suited for each trader’s personal traits. This allows you to quickly swap one crypto asset for another on the platform. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. FAIS Disclosure Document. At PrimeXBT, we want you to succeed as a trader. Reach out to us directly through the PrimeXBT app for any support or inquiries. Contracts for difference CFDs are derivatives that speculate on the underlying asset’s price without physical ownership. Additionally, the account type is pretty flexible in terms of its maximum leverage. PrimeXBT does not offer swap free trading via Islamic accounts at the present rate. Basically, customers who choose to use this platform are on their own and do so at their own risk. Reputable and regulated company. 3 months ago 189 views.

Worse

PrimeXBT provides margin trading to investors shorting Bitcoin. While leveraged ETFs offer opportunities for short term gains, they carry high fees and are best suited for experienced traders. This site contains affiliate links to products/services. Typically, for security reasons, trading platforms like PrimeXBT do not allow you to change the email address associated with your account directly. We’re glad to hear that our team has been helpful and knowledgeable in assisting you with your trading setup. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. The platform provides a variety of free deposit options for both crypto and fiat. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking.

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Io review for contrast. See more about trading fees. Your review has been sent; it will appear on the website after it is screened by a moderator. Account verification is completed upon Depositing Cash. You should never utilize 100% leverage and never invest more than you can afford to lose. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. Remember, each standard lot is worth 100,000 units of the base currency, or the first one that is being quoted in terms of the second one. This article is not intended for residents of the European Economic Area or the United Kingdom. However, these political events could have short or long term impacts on prices, depending on their outcomes. This legal action caused a sharp decline in XRP’s value and led to its delisting from several major cryptocurrency exchanges. The platform provides a suite of drawing tools, including trend lines and Fibonacci retracement, as well as various chart types like candlestick, bar, and line charts. Shop smartly with this valid Primexbt coupon code to reduce your spending. These software programs can be used to further build complex independent systems, also know as decentralized applications dApps. Trade 100+ markets like BTCUSD, EURUSD and SP500.