Processing Times

Limited educational resources. 1 BTC and your balance would be 1. The company boasts of having cutting edge technology to prevent attacks. Supported PrimeXBT FX cryptocurrencies include. Note that you might have to share your personal identification if you intend to use any of the services mentioned above. When do Primexbt bonuses expire. PrimeXBT’s trading platform boasts an impressive 99. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. Overnight fees are incurred on leveraged positions held overnight, calculated based on the asset and the leverage used. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. These gains are available according to certain wagering requirements and conditions, which you should read prior to entering the Welcome Tournament. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. Indeed, the system is advanced enough to compete with other well regarded cryptocurrency exchanges. There is little to no down side from using prine xbt. Just noticed of late that PrimeXBT has increased the spreads exponentially. Download the PrimeXBT app to trade, manage your investments, and stay updated with real time market data. Social media advertisements. However, you need to deposit atleast 0.

StormGain Alternatives and Competitors

This category only includes cookies that ensures basic functionalities and security features of the website. PrimeXBT makes investing accessible to all by lowering the barriers to entry and providing easy and secure access to the financial markets with the industry best trading conditions and innovative tools. Email at , live chat 24/7 availability. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. It is a wide ranging company that aims to welcome traders from all walks of life, who may all have different goals in mind. If a withdrawal is requested before 12:00 UTC, it will be processed on the same day. Our platform is designed to provide traders with powerful tools and features to enhance their trading experience and maximize profitability. It has advanced tech and customizable interfaces for pro traders. KYC is an acronym for ‘know your customer’ or sometimes, ‘know your client’. GBPAUD is consolidating after the 1. The registration process is straightforward and can be completed in a few minutes. Benefits and Risks of Margin Trading. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. Is the bonus still avaible. It claims an extensive, multi layered cyber security framework. Dear Bruno,We’re glad to hear that you’ve done your research on PrimeXBT and are satisfied with the quality of our services and tools.

Withdrawal Process

A $100 investment allows you to test the waters of Cryptocurrency without a significant financial commitment. Traders heavily rely on various indicators to recognise and predict particular market movements to plan out their trades. Best regards,The PrimeXBT Team. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. Next, we will provide practical tips for traders in restricted countries. Interestingly, you don’t have to leave the site. A community for news and discussion about cryptocurrency finance. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. The Welcome Bonus is a special promotion for new users on PrimeXBT, granted after account registration and the first deposit. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. Receive the latest news and stay informed. You can also deposit using Changelly, which effectively means you can deposit any currency into the platform. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. So, what does the future hold for ADA. Last week’s much larger than expected government storage report is a very bearish indicator for the price. That was the approach we took with OKX, an exchange that might have flown under lots of peoples’ radars. Best Offchain Insights Platform 2024 by the Worldwide Finance Awards. This provides the management team with detailed insights into the asset’s history and origins, bolstering security and fostering a safer trading community. Without proper analysis of the markets, trading would resemble gambling, which ultimately leads to large losses. Date of experience: October 01, 2024. If the price continues to decline, I’ll be watching. PrimeXBT’s referral program is your gateway to effortless additional income. Failed payments can occur for various reasons, such as insufficient funds, incorrect payment details, or system errors.

Is the exchange regulated?

As aforementioned, Bitcoin is the largest cryptocurrency globally by market cap. TRXUSD is testing the 5 month Resistance following the December/ June aggressive rise. Our website uses cookies. This is where you’ll be able to apply the promo code for the bonus. Their fees are typically less than $2. 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. For example, if you deposited with Volet, you must also withdraw using Volet. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Lastly, ETH BULLL shows a positive trajectory with a monthly profit of 54. The company behind this platform is PrimeBit Ltd. As mentioned, the maximum leverage on PrimeXBT is 1:200 for BTC and ETH pairs, with other crypto pairs varying between 1:5 to 1:50 and up to 1:1,000 on some of their forex pairs. The PrimeXBT team is committed to 24/7 customer service. The term leverage used in finance is often a reference to the amount of money that the trader has borrowed. You can choose either of these and place an order using the limit, market, or conditional tab. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania.

PrimeXBT Mobile App?

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. Now that you know which platform has the assets, instruments, tools, and features you want to utilize to trade, next it is critical to ensuring any platform you are choosing has strict security features and is known for general safety. Active users across the world. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The margin used will depend on the market, as different amounts of “leverage” will be available. 💼 CFD trading, also known as contract for difference trading, lets you trade derivatives without owning the actual assets. PrimeXBT is a cryptocurrency, forex, stock index, and commodity trading platform where traders can access up to 200x leverage on some crypto pairs and up to 1,000x leverage on some forex pairs. The covesting feature allows you to replicate the trading decisions of experienced and successful traders. Despite this, it shows a slight monthly loss of 5. If a withdrawal is requested before 12:00 UTC, it will be processed on the same day. This feature, part of its Covesting module, allows users to replicate the trades of top traders, thereby gaining access to a range of traditional financial instruments, like other crypto exchanges, FX, and commodities. These testimonials help illustrate the internal support and enthusiasm that drive our platform’s success. Prime Technology Ltd is PrimeXBT’s Technology Provider. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. If one was to leverage. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Those that don’t are often quickly approached up by the ATO. This action will bring up the order modification pop up. Prime XBT only charges two types of fees – the trade fee, charged for entering the position, and the overnight fee, which is for financing the position. For all questions, security issues, product related inquiries, and business proposals, please reach us. Make a deposit and enjoy a : 500$. No clickbait or misleading titles. Day traders tend to watch lower time frames from daily, to hourly, and minutes. It’s great that you’re utilizing both crypto futures and global markets for risk management in your strategy. Its blog site states that it plans to roll out a way to earn interest, but it’s not clear what tokens or coins will be eligible.

The Best of Both Worlds

Perfect Money Account ID used to make a deposit will be preselected automatically. By implementing these strategies, traders can effectively manage their trading fees, thereby maximizing their profitability on PrimeXBT. Educational Resources: The platform offers a variety of resources and tools, including an economic calendar, market news, a trading blog, and technical analysis tools. Returns or profits may be subject to capital gains tax. Date of experience: July 30, 2024. PrimeXBT’s fees are clear and include costs for trades, overnight fees, withdrawal fees, and financing rates. Through our in depth analysis, we discovered that PrimeXBT, a Forex and CFD broker specifically designed for traders in Namibia, has a platform that is both forward thinking and ambitious in its offerings. Note that you might have to share your personal identification if you intend to use any of the services mentioned above. Here on PrimeXBT, you can engage in a variety of trading activities, access advanced tools. If this is something that you would like to get involved with then you will need to get your referral code. In 2024, Orfinex, VTMarkets, Fusion Markets, and Ultima Markets also gained FinCom membership. 67 USDHow can the financing of this trade outweigh the profit by a few cents. Each of these points underscores the importance of due diligence, risk management, and continuous education in the realm of online trading, especially with leveraged products and cryptocurrencies. When it comes to the trading rates, the platform has a 0. The next couple of years will be crucial for crypto overall. Will this be a good omen for the future of Ethereum and will a price prediction made today still hold up in the next year, or the coming four or five years. Below are some examples of other fees that might be encountered. There is no payment schedule, you simply pay the interest as you go along, when you open and close a trade. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. 08%, and Ether fell by 30. 🤝 Engage with a vibrant community. Naturally, in this PrimeXBT Crypto Futures review, I’m focusing on the platform’s derivates services, but it should not be ignored that PrimeXBT copy trading is also a major part of its ecosystem. TRXUSD is testing the 5 month Resistance following the December/ June aggressive rise. He has played an important role in the early phases of the industry. Today, with more people using smartphones for work, education, entertainment, and socializing, it’s important for trading platforms to have a mobile app. I will post pictures of the emails to prove the responses.

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Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. 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. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Scan this code to download app. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. To access it, navigate to ‘Hub’ and select ‘Referral Program. This prevents unauthorized transfers even if someone gains access to your account. PrimeXBT has it all, packaged in a customizable and easy to use platform armed with advanced trading tools that cater to the growing demands of today’s market. Ready to take your trading to the next level. While some investors look to significant price movement. Obviously, PrimeXBT offers an attractive commission rate of up to 50% profit share. To deposit Crypto, click the ‘Deposit’ button on the Main page. They also go over broader trading disciplines such as Technical / Fundamental analysis etc. When using live chat, I usually received a response within 2 minutes. Overnight Financing is incurred any time a position is carried into a new trading day, at 00:00 UTC. The good news is that PrimeXBT mitigated all these downsides by prioritizing user safety and offering some of the best trading tools in the industry. For a complete list of restricted regions, refer to Section 1. This has also opened new opportunities for new platforms to simplify various processes. “Revenge trading”, or trying to make up previous losses quickly, is one of the most common ways to blow up an account using leverage. Leverage is 1:100 for cryptocurrencies and up to 1:1000 for fiat currencies. The remaining $1,000 in your account can be used to open additional trades. Leveraged trading allows the trader to take control of a larger position than would normally be possible by borrowing from their broker. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Also, PrimeXBT follows Anti Money Laundering AML standards closely. Timeframes: Technical analysis can be conducted on various timeframes, from minutes to weeks or months.

Risk warning

This approach aims to promote a healthier trading environment, as well as help exchanges attract volume, especially from high frequency traders and market makers. However, the growing interest in various cryptocurrency sectors, such as meme coins, real world asset RWA coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. 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. Some of these brokers also offer leverage, meaning you will be able to trade with a higher capital than initially deposited. The information on this page is not meant to be a sign from Bitcompare that the information is correct or reliable. You can contact their team on and if you have any questions. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. This option is the most lucrative, however, certain conditions must be met to be eligible to join. For those who do not pre own PrimeXBT Crypto, PrimeXBT allows users to acquire Crypto with credit/debit cards. If the prediction is wrong, the loss equals the pledged amount selected when making your prediction at the start. This helps stop identity theft, fraud, and other bad stuff from happening. They also have a live chat, telegram bots, social media, and ticket system to support their users. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. The platform accepts users from more than 150 countries, but is not available in the US, Canada, New Zealand, Japan, Russia, Israel, Cuba, Iran, Syria, North Korea, Sudan, Myanmar, and Puerto Rico, among others. Failing that, we’ll examine which jurisdictions PrimeXBT operates in. Remember that the price per point of a standard lot in the GBP/USD pair is worth $10, so it is simply a matter of multiplying the distance traveled in points by the worth of each contract. From this we can conclude that the exchange is still more suitable for users with at least a little experience in the crypto market. Get access to a wide range of trading, investing, and Crypto services from a single app. While PrimeXBT receives a lot of praises, there are a few areas where users have expressed concerns or suggested enhancements.

Risk warning

By amplifying the potential returns on investment, leverage allows traders to achieve significant gains with a relatively small initial capital. RELATED: Best Day Trading Platforms. Com ReviewRoboforex ReviewIC Markets ReviewForex. Yet, by accurately analysing the current Ethereum price and predictions of it’s future fluctuations, you can benefit from “swinging” your investment in the right direction. This data reflects SHIB’s outstanding performance on the Cryptocurrency market, underscoring its high level of liquidity and active engagement from traders globally. Learn more about Baksta’s Legal Terms. PrimeXBT is no exception. One is a crystal, the other is a metal. Promotions for free plans often available. Ni siquiera me faltan las monedas fiduciarias porque esta plataforma criptográfica también las presenta, junto con los productos del mercado de valores. The overnight fee is a percent of the open trade that ranges between 0. Social media advertisements. In particular, decentralized exchanges may be more secure than centralized exchanges due to their non custodial nature. 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. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. You should note that each trade placed on an exchange is charged a trading fee, and you should assess the fee charged to ensure it does not eat into your profits. Bitcoin was the first ever cryptocurrency, sparking an entire industry of altcoins created in hopes of improving upon what Bitcoin sought out to achieve. 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. There is an extensive range of assets that you can trade there. It offers only seven, which is among the fewest offered by an active global exchange. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. ZForex 50% First Deposit Bonus.

MAIN MENU

Bit2Me is a cryptocurrency broker based in Spain that launched its service in and offers individuals to buy and sell more than 78 cryptocurrencies. The writing and editorial team at DayTrading. The Digital Coin Price Ethereum forecast calls for the market to be relatively flat through most of 2023 but does have an Ethereum Price Prediction of higher levels in 2024, breaking the $3000 level. Technical analysis can be better during bear markets when strong fundamentals can’t outpace negative sentiment. 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. PrimeXBT operates with a strong focus on global accessibility, ensuring compliance with local regulations in regions where its services are offered. Technical analysis, on the other hand, focuses on price charts and patterns. Levels to watch: The Resistance is at 3340 while the Support short term at 3235. It’s all a case by case scenario. PrimeXBT Trading Services, S. Our goal is to provide easy to understand educational materials to enhance your trading experience. As you might already know, margin trading lets you trade with borrowed funds from the broker to trade crypto forming the collateral for the loan from the broker. The only risk is your information being leaked via a malicious attack. Hay todo tipo de comercio de criptomonedas, sin restricciones en las estrategias. Let us introduce you to PrimeXBT, your gateway to a diverse universe of financial markets. Users must register before making a deposit to trade on the PrimeXBT platform. We have developed a unique personal charting package which provides a large array of professional charting tools and instruments, which also allows us to update and improve it in accordance with the needs and wishes of traders. Implement risk management strategies such as setting stop loss and take profit orders, diversifying your portfolio, and regularly monitoring your trades and market movements. It also provides key analysis indicators to help users make informed decisions. But i am more into crypto. Below are examples of these tools. As you and sell order and continue your journey as a trader, remember that stop orders are not just commands but powerful instruments that can significantly influence the trajectory of your trading success. Now, let’s consider a contrasting scenario where a trader, fueled by FOMO fear of missing out, rushes into trade positions without proper planning or use of any technical analysis. Staking COV tokens unlocks the following benefits. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. 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. PrimeXBT accepts both fiat and cryptocurrency deposits.

Collect Your Rewards

We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. This is because altcoins are less predictable than Bitcoin, and so people naturally act more cautiously. To create an account, download the app, open it, and select “Register”. PrimeXBT employs advanced encryption technology and two factor authentication 2FA to safeguard user data and transactions. Exploits or vulnerabilities in the oracle network could lead to inaccurate data feeds, potentially impacting applications relying on Chainlink. Baksta is a virtual currency exchange operator and virtual wallet holder with the Financial Crimes Investigation Service FCIS. The trading process can be very emotional if you are simply guessing, so it is important to have a set of rules laid out before you even get involved. The minimum deposit is very affordable man. Traders can take advantage of bullish and bearish market conditions by going long or short. ApeX Protocol: Trade Crypto. At PrimeXBT, we’ve always been committed to putting our clients’ needs and safety first. 6, with 24 hour human support for users. ServiceSupport is accessible through a help center, live chat available in both German and English, and via email. Information regarding past performance is not a reliable indicator of future performance. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Navigate to the “Wallet” section, select the currency you wish to deposit, and follow the instructions to complete your deposit. Despite the variety of choices, PrimeXBT is extremely simple to use. This makes it an all in one one stop trading shop for a trader looking to trade just about anything except maybe their own grandmother. Betting it will stay in this range too. 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. The quickest way to reach customer support is through the 24/7 live chat accessible from the trading platform. PrimeXBT offers the following promotional offers. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. You have crypto rewards waiting to be collected. With the app in hand, you can trade global markets seamlessly, including cryptocurrencies, stock indices, commodities, and forex, all from the convenience of your mobile device. ProBit Global is another no KYC cryptocurrency exchange established in 2018 that allows you to trade a wide range of digital assets without the stringent requirement of ID verification. Acquiring the skill of trading in the Forex market broadens the horizon for traders as it offers the chance to trade currencies of different nations round the clock. I opened this long position with a tight stop loss. Seek independent advice if necessary.

Creatives

Subscribing to PrimeXBT’s email newsletter or participating in trading forums is another way to access exclusive promo codes and offers. 002 ETH per transaction. Two Factor Authentication 2FA adds an extra layer of security to your PrimeXBT account. The isolated margin mode enables crypto traders to adjust and restrict the amount of margin balance allocated to each of their individual positions, which enables more effective risk management. ADA price has changed by 0. This means that traders can use the platform without undergoing identity verification processes. Once your deposit has been successfully processed, you will receive a notification on the PrimeXBT platform, and the amount will be reflected in your account’s “Wallet” section. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. For example, the minimum order size for Bitcoin BTC trading on PrimeXBT is 0. 2024 00343, having its registered office address at PKF Corporate Services Ltd. XRP to PLN Currency Converter.

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However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. After 12:00 UTC – Next day. The potential return for a correct guess is preset by the turbo feature. In addition, PrimeXBT offers market price charts for a variety of different assets, including cryptocurrency, forex, index, and commodity. For Followers, it’s an opportunity to automatically replicate successful trades, unlocking passive profit potential without actively participating in the market. If you have any topics or suggestions for future articles, please feel free to share them with us at. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. I give it three star only and dont advice for big money as it is not worth it. PrimeXBT executes orders in under 7. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Chart features include. Choosing the right platform is extremely important before depositing any capital anywhere. Our goal is to ensure that all your questions are thoroughly answered, helping you to trade with confidence.