Customer Support and Resources

So, let’s jump into the nitty gritty of PrimeXBT’s withdrawal process to see if it meets our expectations. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. PrimeXBT delivered a seamless trading experience. Users can trade popular coins like Bitcoin and Ethereum alongside a variety of altcoins, providing ample opportunities for portfolio diversification. The platform offers a multitude of advanced features, competitive fees, and robust security measures. Bybit does a fantastic job listing new and exciting project tokens quickly, often providing access to tokens quicker than many of the major exchanges. If the price continues to decline, I’ll be watching. Log in to your PrimeXBT account, grab your referral link, and start sharing. Listing DOGE, ADA, DOT and 16 other coins in just a matter of weeks demonstrates PrimeXBT’s commitment to expanding assets. In Crypto Futures, it leads the industry PrimeXBT (Cy) Ltd with fees of 0. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. Users are able to engage in both cross margin and isolated margin futures activity. Common Complaints and Issues. Temporary trading or deposit/withdrawal limits may be imposed until the required documents are provided and the CDD process is successfully completed. Here is a list of all eligible official PrimeXBT Telegram groups to follow. The integration of limits on its swapping service is restrictive and foreign amongst peer exchanges like Binance. Your suggestion is invaluable, and we’ll certainly consider it as we plan future updates. PrimeXBT’s social trading tools allow you to copy top traders and benefit from their winning strategies and experience. I opened this long position with a tight stop loss. All traders who work with cryptocurrency through the PrimeXBT platform PrimeXBT kripto para birimi actually open an account with Baksta. With Perpetual Contracts: Daily fluctuating funding interest rates for leveraged positions. Always ensure you manage your balance and bonus effectively. The intuitive design of the PrimeXBT app ensures that traders can easily access the tools and information they need to make informed trading decisions. Die Regeln und Bedingungen der Promo Kampagne von PrimeXBT umfassen mehrere wichtige Punkte, um eine faire Nutzung und Einhaltung zu gewährleisten.

Withdrawal Fees on PrimeXBT

For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. These services are governed by the legal terms and conditions of PXBT. Once you have created an account, you can start trading cryptocurrencies. These are supported on both iOS and Android devices. Both platforms offer robust security, but their regulatory approaches may influence your decision. For investors keen on testing their trading skills, PrimeXBT’s Contests are a must visit. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to. Our human support team is here to help 24/7, in your language. ISM Manufacturing PMI, ADP Employment Change, ISM Non Manufacturing PMI and Swiss Consumer Confidence data. Dear Barak Asad,We’re thrilled to hear that PrimeXBT has been the trading platform you were looking for. The information on this website is for educational purposes only, and investing carries risks. Active users across the world. To trade with margin, users must fund their trading account after making a deposit to begin trading. They have developed their own trading technology, making the platform robust with plenty of key features. To increase withdrawal limits, complete the necessary KYC verification steps on PrimeXBT.

PRIME XBT Additional Trading Fees

These products are not suitable for all investors. PrimeXBT’s traditional asset CFDs provide traders with access to a diverse range of financial instruments, allowing for ample diversification and investment opportunities. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. It’s about time a president at least got the ball rolling. In addition to cryptocurrency deposits, PrimeXBT also supports fiat deposits through various payment processors. Returns or profits may be subject to capital gains tax. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. By following these tips, traders can develop a more effective and cost efficient trading strategy on PrimeXBT. While using PrimeXBT’s Systems and Services, you pledge to. The short interest was astronomically high, and therefore once retail traders came into the market and started using leverage on the long side, it caused a massive amount of short covering by hedge funds. Information regarding past performance is not a reliable indicator of future performance. Follow these steps to redeem your promo code and enjoy the benefits. Log into Your PrimeXBT Account. 09 in 2011 to an astounding $26. Looking for a straightforward PrimeXBT review that tells you if it’s a worthwhile platform for trading in 2024. 99% fee, not PrimeXBT. In order to withdraw funds from your cryptocurrency exchange account, you need to submit a withdrawal request from your Personal Area. This causes a slight delay in funds being available in the account. Satisfied with this broker for a long time.

Other things to considerOther things to consider

PrimeXBT offers margin trading to enhance earnings. We’re thrilled to hear that our advanced trading materials have exceeded your expectations and become a valuable resource for you, especially during flat market conditions. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Here are some frequently asked questions about the comparison between PrimeXBT and Bybit, providing additional insights to help users make informed decisions. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Promo Code Limitations: When using promo codes, you can generally enter only one code at a time. By using these orders, you can determine your cost basis. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Tax offices around the world are cracking down on investors they believe may be avoiding crypto taxes, with dedicated operations to match wallet addresses with identities. Currency assets are traded among themselves, with resources and metals. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Users are regularly encouraged to buy DOGE coin expecting Dogecoin will rise to a projected value of $1 per DOGE token. It takes just a few minutes to get started. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. This includes implementing anti money laundering AML procedures, enforcing know your customer KYC requirements, and adhering to data protection regulations.

Reliability

The trader closes the position and then returns the borrowed $6000 to the broker, as well as any minor financing fees. PrimeXBT offers you a chance to earn free Bitcoin that you can use to trade and net profit. I also tested the fiat withdrawal process, using Volet. Of course, the higher the margin is, the more funds you have to borrow, and that’s why fees will also cost more, and the liquidation price will be closer. For all withdrawal methods, it’s crucial to double check all entered information and comply with any verification processes to ensure a smooth and secure withdrawal experience. Our forecast places the minimum price at $0. 01% and a Taker Fee of 0. When we reached out, both Garret and Anthony below were free, and they got back to us almost immediately. DOT continued to decline on Sunday, plummeting to a low of $3. Experience seamless trading whether you’re at home using our webtrader or on the move with our app. Something that we found particularly impressive about the app is that you can customise your layout to suit your trading preferences. Exchange one Crypto for another via your PrimeXBT account.

Is it safe to buy crypto on PrimeXBT?

Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. But KYC requirements aren’t in place to monitor serious crypto traders or investors. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions, margin interest and other costs, and are not guarantees of future results. It makes trading easy for everyone. Best Offchain Insights Platform 2024 by the Worldwide Finance Awards. These products are not suitable for all investors. Date of experience: October 16, 2024. Stay proactive and adaptable to make the most of the opportunities presented by these bonuses. 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.

Online Brokers

However, the exchange uses Covesting COV token for some benefits. Upon account creation clients may receive an offer to claim a Welcome Bonus. Once you have added the coupon code and activated it, it will be added to the “Promo Campaigns” section. Educational Resources: The platform offers a variety of resources and tools, including an economic calendar, market news, a trading blog, and technical analysis tools. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. With that said, please be aware that cryptocurrencies are already extremely volatile, and we can’t in good conscience recommend trading cryptocurrencies with margin/leverage. PrimeXBT’s trading contests add a fun and competitive edge to trading. And this is indeed true. Binance’s main function is a global online platform to trade digital assets. Its intuitiveness and simplicity provided a pleasant trading experience. This article provides a comprehensive PrimeXBT review. Almost all cryptocurrencies should explode in 2021. PrimeXBT also makes use of the liquidity provided by larger exchanges and market makers in the industry. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. Dear Carlos,We’re delighted to hear that you appreciate the wide range of assets available on PrimeXBT, including forex, commodities, cryptocurrencies, and indices. The complex interface is unsuitable for inexperienced traders.

Pros

These tools help traders improve their skills and solve problems fast. Bybit, on the other hand, is renowned for its user friendly interface, high leverage, and focus on derivatives trading, particularly perpetual contracts. Community and Governance: ADA’s governance model, where ADA holders can participate in decision making, may impact its price. Leverage reflects the amount of your own funds margin required, in comparison to the size of the position you wish to open, i. Trade 100+ markets like EUR/USD and SP500. 📱 Access copy trading anywhere with PrimeXBT’s mobile app. Step 5: Monitor the Transaction. Vincent and the Grenadines company nr. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. At PrimeXBT, the markets are not just avenues; they’re gateways to a world of financial possibilities. If you are spot trading, opening short positions against a trend, only to find out that the trend is continuing then an isolated margin account will help you avoid your account being affected. There are three different account tiers on MEXC: unverified, primary KYC, and verified plus. Verification can help ensure real people write reviews about real companies. ForexMart Trade Cryptocurrencies. Instead, there is only one account providing all the broker’s services with no limits based on deposit size and trading volume. This feature allows you to automatically replicate and profit from the trades of successful traders without having to personally trade on the market. Additionally, in isolated margin mode, the funds in a trading account allocated to margin can not be used to trade with until positions are closed. If you don’t know what leveraging is, don’t worry; let us explain. Conclusion:PrimeXBT stands out as a comprehensive and feature rich cryptocurrency exchange, offering a user friendly interface, diverse asset coverage, robust security measures, leveraged trading options, competitive fees, and reliable customer support. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test.

Cons

During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. PrimeXBT offers a transparent fee structure that is competitive within the trading industry. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Do not link any content to this sub or beg votes or comments. What is more, with PrimeXBT, you can speculate in this price movement with a high level of leverage that is up to 100x for crypto trading and 500x for forex related products. The Stellar protocol also has a built in decentralized exchange functionality where users can create buy and sell orders through the protocol itself – this feature can be accessed through interfaces such as StellarX. Let us have a quick drive to see how you can very easily use a VPN on your android mobile. Next, you will be required to provide a scan copy of a document confirming your identity. You can open an account and start trading with just your email address. These fees cover the transaction costs associated with processing the withdrawal on the blockchain network. Click Download and confirm the file download if you see a warning. Criteria for Selecting Traders. Best regards,The PrimeXBT Team. I mean, they have DDos Protection, they are backed by AWS, and reportedly have liquidity from 12 different sources. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Therefore, direct cash or fiat currency deposits are generally not supported. Our Cryptocurrency Expert. You can compare them easily below. 🇺🇸 Not accessible in the US and Canada 🚫 Not regulated ❌ No spot trading option. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. Here are some of the best. To make money on PrimeXBT, engage in strategic trading by analyzing market trends, utilizing available tools, setting risk management strategies, and staying informed about market developments. PrimeXBT’s diverse trading instruments and leverage options make it suitable for traders looking to trade across different markets. 001 BTC to get started. This guide helps British users quickly understand and complete the necessary steps for account verification on PrimeXBT. Select your ‘Order Type’ and the amount you want to trade.

4 8

While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. Why Choose PrimeXBT for Margin Trading. It also can sometimes be based upon the asset being traded as well, as the amount of margin will influence this. Although they require you to manually enter the trade in your trading platform, they also offer the flexibility to change the entry and exit prices, or even not to take a trade altogether. PrimeXBT has set these protocols so hackers can not transfer your funds to rogue addresses if your account is breached. PrimeXBT is known for its advanced trading technology. The amount of ETH held on exchanges has fallen, suggesting many are willing to hold onto Ethereum. More than 50 intelligent drawing tools for in depth market analysis, and educational resources on the most popular trading concepts. Learn more about Baksta’s Legal Terms. 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. For level 2 referrals, you earn 15% commission. We act as an STP broker to ensure fast order execution and excellent liquidity for traders. 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.

Worse

The mobile app includes all the features of the web based platform, allowing traders to. Information regarding past performance is not a reliable indicator of future performance. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. They will notice eventually but it may be 10 20% of their account later. By altering the graph for time just underneath your PrimeXBT trading main chart, you may change the shown time range. Example: If MFI for Cardano price moves above 80, it might suggest that Cardano price is overbought, and a price correction may be imminent. Each of the four levels of referrals are calculated separately for transparency. When the limit price is reached, a position is opened. 1, as well as 0 fees. Hodl Hodl is a non custodial Bitcoin trading platform allowing users to trade directly without holding user funds. They ask to deposit first ,, 0. 9 USDT every 8 hours for the open position because 0. Common Complaints and Issues. STEP 3: Add discount code. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Learn more about Baksta’s Legal Terms. There is a lot of space for optimization here, which can further increase profit. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer. Dear Barak Asad,We’re thrilled to hear that PrimeXBT has been the trading platform you were looking for. Date of experience: September 28, 2024. And it doesn’t matter if you are working with a person or a company. Instances triggering a CDD procedure include potential misuse of our services or suspected violation of our Terms and Conditions. It maintains an active community across social channels and runs community events, which positions it as a more community centric platform. Understanding the nuances between cross and isolated margin is crucial for tailoring your trading strategy effectively, and we’re glad our team could provide the clarity you needed. PrimeXBT offers competitive trading fees, charging a low 0. The Fixed Tradable Bonus PrimeXBT is a bonus added to the equity of your trading account and can be used as additional collateral to open positions.

🚀 PrimeXBT Deposit Bonus 🔥 Get 20% Bonus For Your First Deposit, Up to $7000 Tradable Bonus 💵

Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Slippage stats at Prime XBT. It’s important to consider these costs when planning fund transfers. And finally, the 5 supported commodities. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. PrimeXBT operates in a wide range of global markets, offering its services to users in more than 150 countries around the world. The PrimeXBT team has also made bold claims about their copy trading feature. PrimeXBT does not specify a uniform minimum deposit amount as it depends on the market conditions and the cryptocurrency used for depositing. PrimeXBT follows KYC and AML rules for a safe and legal trading place. This kind of positioning would make Prime XBT’s platform a great option for beginners to start leveraged trading in cryptocurrencies. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities. The only broker where I can 100% say that it’s safe. Starting Price: Available on Request. 01 BTC trade with 100x leverage, for example, would result in a 1 BTC position. Visit the fees section to confirm the exact fees on the day. We designed our trading app from the ground up to be easy to use, and provide a simple but powerful trading experience. Sometimes, increased activity on a network could be triggered by the same group of traders transacting between different wallets. Practice Patience and Discipline Avoid quick decisions and stick to your plan for long term success. However, the platform does reserve the right to request details should a transaction be flagged as suspicious. You can also customize the interface to suit your preferences.

Grab Binance $600 Bonus

Day traders have the luxury of going to sleep without being in a position, and don’t have to worry about the always on, 24/7 Crypto market getting the best of them while they rest. There is a range of extra features at PrimeXBT beyond its trading platform. Popular PrimeXBT comparisons. PrimeXBT agrees to provide services subject to the client not being a user or a resident of a restricted country, which includes. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. The reason to trade via leverage is to increase profit potential. Direct bank account withdrawals are not typically supported on PrimeXBT as it is primarily a crypto based platform. With PrimeXBT, the fees are actually pretty straightforward. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. The platform’s smooth and easy to navigate, got all the tools you need. To support their users, they offer 24/7 multilingual support via live chat and email.