Prime XBT Review

Instead of buying the full value of an asset, you only need PrimeXBT trading en vivo to deposit a fraction of it, known as a margin. Dear Sphiwe,Thank you for sharing your experience with us. Bybit is a cryptocurrency and derivatives trading exchange with multiple other products and features that launched in 2018. 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. In the event of system overloads, PrimeXBT’s trading engine efficiently manages order queues to mitigate the impact of high volatility. Placing trades on PrimeXBT is simple, with an easy to use order form. That’s why you always need to keep an eye open on your active trades. This causes a slight delay in funds being available in the account. This is because you know that over the longer term, your rules do make money. With Bitcoin Cash having so much potential in a digital payment world, and the fact that it has significant name recognition, the prediction of how price moves over the next several years will be crucial for investors. 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. You seem to have CSS turned off. Written by the company. They might choose to trade Crypto with an excessively high leverage ratio based on emotions rather than a calculated strategy. However, insurance coverage is still rare within the crypto industry. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. 1M+ community members.

PrimeXBT Review 2025: Complete Exchange Overview

Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. PrimeXBT charged me a withdrawal fee of 0. However, it’s crucial to remember that this power comes with amplified risks, leverage can also exacerbate losses if the market moves against you. It serves clients in over 150 countries and has over 100 trading assets available. Geographic specific payment processors may exist, so it would be great if PrimeXBT listed all available ones on their website. While benefiting from not having to conduct your own analysis, it’s crucial to monitor the performance and market conditions, ready to adjust your strategy if necessary. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. This website is owned by PrimeXBT PTY LTD. Traders worldwide trust us. Opening a trading account typically requires some personal information, such as a full name, email address, personal address, and much more. We’re here to help you succeed and make the most of your trading experience. Once you confirm your email, your account will be activated. We also appreciate your recommendation of the indicators for new traders. Collaborating with reputable partners such as Crystal, Devexperts, Baksta, Talos, and Fireblocks, PrimeXBT ensures enhanced service and security for their users. This is PrimeXBT’s biggest weakness. 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. There are 2 options to fund your account.

Deposit Process

But the transparency of this process raises questions. High liquidity, diverse payment methods, and strong regulatory compliance are also crucial. Our human support team is here to help 24/7, in your language. Akses kemudahan berdagang dari mana mana sahaja dengan aplikasi PrimeXBT. Cryptocurrencies should be considered either a short term trading asset or long term investment due to how high volatility the asset class is. I’ve found eToro to be a standout for crypto trading, thanks to its emphasis on social trading. The PrimeXBT iOS App is an essential tool for traders who need the flexibility to manage their trades anytime, anywhere. So, why are so many traders choosing to navigate these uncharted waters. All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. Thus anything published on The Money Mongers is not an investment advice and we are not you investment advisor. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. On the other hand, you can hold a position for several hours without having to pay the funding rate as long as your are in between the specific hours when funding occurs. Diversify your trading with access to CFDs on Forex, Indices, Commodities and Crypto, all from a single account. Additionally, the broker employs two factor authentication 2FA to fortify user account security. 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. Take a look below and see why this crypto leverage trading site offers you a fresh new way to make something off the back of the cryptocurrency revolution. Your crypto is your crypto. Regardless, our Anti Money Laundering AML policy is applicable to all client transactions. To protect customer funds from hacks, Bybit uses cold storage solutions, utilizing offline cold wallets that are secured in an air gapped environment.

Binance

The key is consistency, patience, and perseverance. 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. 1 pips and ultra fast execution, it’s like trading on a dream platform. Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. Scan this code to download app. Access to PrimeXBT services does not necessarily mean that client activities through the service are legal under local laws, regulations, or directives associated with a client’s country of residence; therefore, it is crucial for every client to consult with legal and tax advisors in their region regarding eligibility to utilize such services. Benefit from low Maker/Taker fees and flexible funding rates. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. 📸 Instagram: Latest news and updates on PrimeXBT’s Instagram. All opinions and reviews on the Cryptolinks website remain my own. It seemed slightly outdated in my opinion from a design and navigational standpoint. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The platform provides a variety of free deposit options for both crypto and fiat.

Is PrimeXBT suitable for hedging?

PrimeXBT may liquidate positions if Margins are not maintained. These products are not suitable for all investors. I also tested the fiat withdrawal process, using Volet. Platforms and Charting Tools. A history of bragging about assets online is one red flag that hackers can use to target unsuspecting crypto investors. Once you place a trade using this order type, your trade request gets executed immediately at the best price available in the order book. Although leverage trading is a risky activity, it lets you enhance your position size by borrowing funds from the platform. PrimeXBT has never suffered a hack or security breach during its operational history. This allows traders to use only a small amount of capital to trade large positions and thus profit much more than had they only used the capital they were willing to put up. While some investors look to significant price movement. This would be a partial stop loss order, as you still have some of your original position in play. Advanced trading concepts can be confusing for beginners. 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. We’re here to help you succeed in your trading journey. This center will also provide you with the necessary information to get your account back up and running in no time. Below is an example of how leverage will work on the PrimeXBT platform. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. 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. Bitcoin Cash is a popular offshoot of the original Bitcoin blockchain. The multiplicity of projects built around the Ethereum smart contract system, and the variety of niches they comprise electricity solutions, health care, local and corporate businesses, etc, open doors to never seen before changes society has been in need of for so long. Restricted JurisdictionsPrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. Funds can also only be accessed via multiple signatures reducing the risk of one compromised party making unauthorized transactions. But unfortunately i received bonus of only 2 referals and they say my 3rd referal have not met the condition, and when i tell them i gave u proofs they always say your referal not met condition. It offers over 700 cryptocurrencies, including many relatively new and niche coins unavailable on other exchanges. A trader might “short” a coin or asset when they want to bet on that asset declining in price and value.

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These resources are here to cater to both beginners and experienced traders, ensuring that everyone can benefit from them. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. This website is owned by PrimeXBT PTY LTD. The main purpose of this primexbt review is to express the gratitude for ensuring such a contemporary trading platform. Right now, there is nothing about Prime XBT that I dislike; everything functions well for me. No, PrimeXBT does not provide complete and ready to file tax documents. You are advised to conduct your ownresearch before making any investment decisions. 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. This allows the sector to operate more independently than the traditional fiat system. 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. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. Upon reading this guide and conducting your own research, you will be equipped to confidently answer the questions of whether purchasing Stellar Lumens is advisable and if it is a sound investment. Risk warningBefore 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. Returns or profits may be subject to capital gains tax. The good news is that it is quite easy to avoid a margin call, with just a bit of caution and common sense. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts.

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However, the cryptocurrency saw its first major price surge in late 2017 and early 2018, coinciding with the broader crypto market bull run. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. 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. There is no minimum deposit required to open a margin trading account at PrimeXBT. Similar to long trades, leverage magnifies your gains. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. Also, its “turbo” trading option allows you to make short term price predictions. I consider the chart screen to be a platform’s most critical feature, enabling technical analysis and providing a clear view of price action. To protect yourself from significant losses, you can set a stop order with a stop price slightly below the current market price. Currently it is attempting a break out above the 199 Resistance. We have the fee breakdown for a selection of assets in the table below. This is for those who are not too price sensitive and are simply looking for a convenient way to swap some crypto. Throughout my testing, the app performed smoothly without any bugs or glitches. In order to do this, you will need to provide them with an email and password. Best regards,The PrimeXBT Team. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. This fee, if applicable, is designed to cover the service charges imposed by the payment processors and may vary depending on the withdrawal method and currency. According to the FAQ section on their website, PrimeXBT imposes a 24 hour withdrawal limit of $20,000 or its equivalent in other currencies per account. We collect data on the most profitable strategies of all time. Obviously, PrimeXBT offers an attractive commission rate of up to 50% profit share. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Prime XBT is one of the best exchange platforms. This would allow developers to code their own bots and trading algorithms to trade on the PrimeXBT platform. Hedge With Crypto does not provide financial advice nor does it take into account your personal financial situation. Once connected, you can use various commands to interact with the bot. It takes just a few minutes to get started. Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process.

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That is not entirely true. This includes simple errors like misinterpreting market volume or momentum to catastrophic errors like trading in an emotionally elevated state or “fat finger” mistakes i. 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. Pro Tip 📲: Traders can use the PrimeXBT Telegram Bot which will send them price alerts, open positions and executed orders. It seemed slightly outdated in my opinion from a design and navigational standpoint. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide. Each trading strategy has its advantages and requires a different approach. The position size is 2 bitcoins. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security.

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These are the usual steps that investors can expect to follow. When using live chat, I usually received a response within 2 minutes. What Makes EUR/USD the Most Traded Currency Pair. Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. 0 standard round lot. PrimeXBT does not offer any real stocks for value investing. Yohanes Sirilus Bhaha, O. Channel name is account YOUR ACCOUNT ID. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative.

Web3 Explorer

There are many trading strategies to choose from for trading Bitcoin. Customers can fund their accounts by depositing via bank card or bank transfer. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Powerful platforms to suit all trading styles and needs on any device. Common concerns include. However, PrimeXBT does not offer any alternative platforms. We personally contact support using all available methods and present hypothetical problems that users might face. Traders can insert or remove widgets, resize and move panels around, change chart appearance, colours, grids and spacing, and basically rework everything in a manner that suits them. Withdrawal Crypto and fiat. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Over the last few years,. In order to provide the best viewing experience, our site uses cookies. Our website uses cookies. They also go over broader trading disciplines such as Technical / Fundamental analysis etc. All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. And when you don’t know what you are doing i. The PrimeXBT Telegram bot simplifies the process of contacting support. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. This affords opportunities to diversify your portfolio and make more money. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. PrimeXBT is an acceptable choice for day traders. Io’s standout features is its advanced filtering system, which enables users to filter and sort traders based on a wide range of criteria, such as trading style, profitability, and risk level. Cardano’s price has been quite volatile, along with the rest of the Crypto world. The EUR/USD pair is a popular currency pair to trade in the. Nonetheless, as with any trading, risks are involved, and profits are not guaranteed. When deciding on choosing a strategy, there are two paths you can go down. You can only withdraw fiat using the same payment method you used for deposits. It also offers forex and commodities.

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Traders can withdraw up to 1 BTC daily without completing KYC verification, making it one of the more flexible platforms for users concerned about privacy. Transactions incryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidentaltransactions may not be recoverable. Staying informed and proactive about fee management is key to successful trading. If any information on Marketplacefairness. While not extensively tech savvy, I’ve immersed myself in Bitcoin through dedicated study, persistent questioning, hands on experience with ecommerce and marketing ventures, and my stint as a journalist. A moving average is created when the bottom support level of an uptrend is traced with the resistance peaks during a downtrend. 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. The UI/UX for both platforms is great, and both platforms have highly rated apps, with the PrimeXBT app even winning an award for best crypto trading app.