Fees and conditions

These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. The platform supports various order types, including market, limit, and stop orders, providing flexibility in trade execution. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Delays can be caused by various factors, including network congestion, blockchain confirmation times, or issues on the PrimeXBT platform. It has an easy to use interface, strong security, and a wide range of trading options. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. There are no e wallets available and this makes it difficult for some international customers to deposit. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. Users can track their active orders and open positions, ensuring they are always aware of their current trading activities and can make informed decisions on the go. The specific fee amount depends on the cryptocurrency being withdrawn and can vary due to network congestion and transaction volume at the time of your withdrawal request. This is true whether you invest $100 and Bitcoin or any other amount. Related: MEXC Review 2023: How Safe and Legit is MEXC. 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. Enter your valid email address and a set of passwords. These products are not suitable for all investors. Success in trading often requires time and a strategic approach, and we’re glad our platform supports your growth. Now think about how frequently active markets like cryptos or currencies make moves much more impactful than 1%. Date of experience: August 11, 2024. Its two star rating could draw attention as it builds its market presence. Further in this article, we will take a closer look at each exchange individually, but first, we will give you an overview of our findings by comparing PrimeXBT versus Bybit. Depending on your jurisdiction, some products or services might not be available. Market Volatility: Cardano is susceptible to high levels of market volatility, just like any other cryptocurrency. This practice is highly appealing, especially for traders choosing reduced exposure. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about.

PrimeXBT Review 2025: Complete Exchange Overview

Depending on the offer selected, affiliates can enjoy up to 50% profit share and $2500 per referred client. Best regards,The PrimeXBT Team. Best Crypto Referral Programs. He received his MBA from PrimeXBT sınırlı the Wharton School in May 2007, with a major in Finance and Entrepreneurial management. Binance launched slightly aheadof PrimeXBT, and both have a bear market under their belt. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. Market Data powered by Barchart Solutions. There platform service was very bad. 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. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. The platform provides a variety of free deposit options for both crypto and fiat. Reply from PrimeXBT Copy Trading. This balance between security and accessibility is vital for any cryptocurrency trading platform. PrimeXBT places a strong emphasis on providing excellent customer service to ensure a smooth and satisfying user experience. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. PrimeXBT is our preferred platform for trading futures, because of its competitive fees, the number of markets it offers, and its user friendly interface featuring charting tools from TradingView.

Mainly looking for people who trade CFDs

Whether you’re new to the game or a seasoned pro, these features will get you excited. Predictions for July 2028 suggest that POL ex MATIC may reach a price of $3. These fees are displayed at the time of initiating a withdrawal. Public also acts as a micro investing app, allowing you to invest in fractional shares with as little as $1. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. As long as it doesn’t break, the price targets the 0. You can find the order form right on the trading interface. It is designed to appeal to both high frequency traders and those making occasional trades. I’m turbocharging my trading experience with primexbt and futures trading with leveraged cryptos. However, any withdrawal requested after 12:00 UTC will be processed on the following day.

T o be continued

Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. This gives the trader the advantage of learning how certain scenarios sometimes play out in their market and if their decided upon strategy will lead to success should it happen again. $20,000 or equivalent for unverified users. Charts are powered by TradingView, giving users the full suite of technical indicators and drawing capabilities to carry out comprehensive technical drawings. In this article, we aim to provide a comprehensive prediction about the future price of Cardano ADA, a popular digital currency. However, please note that it should be more than the withdrawal fee for the asset you wish to withdraw. Those looking for more profits and want to avoid taking a loss during drawdowns or being forced to sit on the sidelines, can consider a derivatives trading platform. PrimeXBT provides copy trading through its Covesting module, allowing users to follow and copy the trades of experienced traders. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. All transfers are executed manually, once our team checks all transactions for risk scoring, money laundering, suspicious trading activity, and other patterns.

Other things to considerOther things to consider

PrimeXBT felt more like a traditional forex exchange. Understand your risk tolerance and capital allocation. However, the funds must be so large that they cover the margin requirements for trades. Bybit does a fantastic job listing new and exciting project tokens quickly, often providing access to tokens quicker than many of the major exchanges. You must check out its features and see if it will help you with your trading needs. As recently as September, experts were still speculating on whether or not XRP could become the next bitcoin or ethereum. Regulated by the authorities in Cyprus. Customizable charts, technical analysis, and leverage trading enhance the experience, creating successful traders anywhere in the world. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. 05% fee for trading cryptocurrencies. The answer, like a masterfully executed trade, depends on your individual style and risk appetite.

What is Toncoin TON? Telegram’s Official Coin Explained

This program is designed to reward affiliates for their efforts in bringing new users to PrimeXBT. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Developers deployed over 100 smart contracts following the launch but then, as the chart shows, the ADA token sold off and failed to participate in the November 2021 crypto rally that took bitcoin BTC and ether, the two largest coins, to fresh highs. Let’s say you want to buy $100,000 worth of bitcoin but only have $2,000 in your trading account. Buying and holding is a simple and usually effective method to profit from a Cryptocurrency, but it may not be the best use of XRP. In terms of security, PrimeXBT takes extensive measures to protect customer funds, including keeping most funds in cold storage offline, using multi signature access, and conducting regular security audits. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. If an additional margin is required, it will automatically be taken from your account. The first solution involves idle crypto asset staking. Save on trading costs with our bonus offers, allowing you to trade more for less. Information on available deposit options for South African clients could be found here. RELATED: Check out The Ascent’s CEX. In a world where almost every transaction happens online, cryptocurrency has emerged as the world’s largest growing asset class. A margin call is when the value of your investments has fallen below the necessary collateral for the margin loan you have taken from the broker. The team has put together an extensive self help and FAQ section which is there to help users understand what all the different features do, the products offered, and how to navigate the platform like a pro. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. Inaccurate or outdated information can lead to delays, rejections, and potential issues with your account. Users can access the most popular DeFI applications from within the PrimeXBT dashboard to stake idle digital assets and earn a variable interest rate paid out in daily crypto rewards. Yohanes Sirilus Bhaha, O. However, more recently, the Trump narrative has overshadowed concerns over slower interest rate cuts and a stronger U. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. 67 USDHow can the financing of this trade outweigh the profit by a few cents. ” In the ensuing “New Order” dialog, select “Sell. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. They have also designed this platform around “widgets”. These factors make PrimeXBT an attractive option from a cost benefit perspective. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. It involves printing out or writing down a private key on paper for safekeeping and future access to the wallet.

How do I deposit/withdraw money into/from a PrimeXBT account?

By incorporating these elements into your trading strategy, you can enhance your trading performance and achieve consistent profitability on PrimeXBT. Our Currency Converter uses live rates to provide you with the most up to date conversions. With the recent concerns around the world for global stability and the possibility of contagion when it comes to debt markets, that also can push a lot of money into safety assets such as Gold. Yes Bitget offers fiat on and offramp services via third party integrations. A membership buy in feature is not the same definition of staking used by other exchanges. 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. Date of experience: May 20, 2024. PrimeXBT allows you to buy and sell cryptocurrencies on margin with very attractive leverage ratios. Trade 100+ markets like BTCUSD, EURUSD and SP500. Gold is an established and mature market for investable assets. These resources are here to cater to both beginners and experienced traders, ensuring that everyone can benefit from them. These platforms are home to investors and traders, seeking to extract as much profit out of these exciting, emerging markets filled with digital assets. We all know how YouTube works. For example, the withdrawal fee for Bitcoin is typically 0.

Download the APK:

However, it’s important to note that this bonus cannot be withdrawn. Returns or profits may be subject to capital gains tax. Alternatively, you can overview the ‘Margin impact’ field to automatically calculate the amount of margin you need to open a new position. And the Cryptocurrency Markets aren’t immune to this rule. Medium: Stay tuned with PrimeXBT’s Medium for crucial updates. The EUR/USD pair is a popular currency pair to trade in the. If there’s anything else you need or further features you’d like to explore, please don’t hesitate to contact us at. Deposit or buy your favourite digital assets in app and use them to trade 100+ markets including Indices, Commodities, Futures, and more, all in one place. It has a good level of volatility, and the volume ensures that trades are executed quickly. While these features are indeed impressive, the durability of the trading ecosystem they belong to raises questions. Among its users, PrimeXBT is known for its powerful trade engine, which offers super fast order execution and processing times, along with real time risk management. Ability to hold long and short positions simultaneously even on the same asset. If you ever need further support or have any questions, feel free to reach out to us at. The trading fee is a flat rate of 0. The broker also provides social and copy trading services.

Totally transparent

Due to recent market changes, we are delisting KLAY/USD for CFD platforms, and KLAY/USDT for CF platforms. Seek independent advice if you have questions or do not fully understand the risks. And that question is a little complicated because to be a successful day trader takes a lot of skill, and some luck, and there are also times when it does fail. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. However, insurance coverage is still rare within the crypto industry. Bybit also employs a maker taker fee model. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. Getting started with PrimeXBT is quick and hassle free. Plamen’s favourite trading instruments include FX majors and gold. This bonus is added directly to your trading account and enhances your trading capital. We’re glad to hear that your USDT transaction went through smoothly and that you’re satisfied with the availability of credit card deposits without additional fees. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. Understand your risk tolerance and capital allocation. I’ve done that, and it sucks.

4 5

Also linking to articles containing referral links is not allowed. Customer support is available 24/7 through live chat and email. You also will place stop loss orders and limit orders. Currently, PrimeXBT charges a very low flat fee of about 0. In addition to these bonuses, its also possible to find promo codes for discounts on trade fees or overnight financing. Hub participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog and connect with the Community;Main make deposits, withdrawals, keep track of your account’s activity and statistics. Fat finger protection notifies whenever risk making an erroneous trade. XRP has lost more than 44% of its value in the past year and is down 88% from its all time high of $3. No, PrimeXBT does not accept US residents as clients. The location of PrimeXBT is important because it ensures compliance with international and local regulations, enhances operational efficiency, and supports a secure trading environment. My experience with PrimeXBT’s customer support was mixed. Market trends and news can have a significant impact on the value of asset classes. Aside from that, you need to only learn enough to get started, and make a small initial deposit on a Cryptocurrency exchange platform of your choosing. In the following sections, we will delve deeper into the calculation of overnight fees, the factors affecting these fees, and how you can manage them to minimize their impact on your trading strategy. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. A prime example of this is the recent, highly publicized ban on crypto mixer Tornado Cash. PrimeXBT Trading Services, S. If you’re looking at applying some scalping strategies, you will have to opt for an account that provides you with rapid processing of transactions. Still finding PrimeXBT too complicated. These services are governed by the legal terms and conditions of PXBT. Correlation Trading 🤓️: Given that you can trade crypto as well as these more traditional assets, it means that you can also structure more bespoke and exotic trades and search for correlations between the likes of the Dow Jones vs Bitcoin and compare it to Gold’s performance and more. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount.

4 5

Well, we are not really fans of mobile trading in general. Like any investment, a thorough understanding of the platform, its offerings, and customer support is vital before getting started. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. 0017% on Silver to 0. Cultura centrada en la innovación se hace evidente mientras continuamente alentamos nuevas ideas y soluciones creadas por nuestro equipo. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. ” This would include the idea of the ecosystem being able to allow seamless interchangeability between different blockchains. PrimeXBT has never suffered a hack or security breach during its operational history. Here are some common trading strategies used by Forex traders. It gives chances for everyone interested in trading to start from somewhere as its minimum disposal is affordable. PrimeXBT turbo is a fascinating feature where you can earn more than 70% return on your investment in minutes. Though the platform has a lot of positive reviews and few complaints, and a long history of satisfied traders, this is still an important consideration. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. At PrimeXBT, we prioritize efficient and timely service to ensure our clients can access their funds when required. Share your experiences with other software buyers. 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. Brand operating since. However, financing costs are more often than not an issue only if something wrong has happened with the trade. Depending on your jurisdiction, some products or services might not be available. While Chainlink’s decentralized oracle network aims to eliminate single points of failure, the concentration of nodes in certain regions or under the control of specific entities could pose operational risks. Get access to a wide range of trading, investing, and Crypto services from a single app. Com, and we’d be happy to assist you. 33 according to Changelly.

Currency:

SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. The absence of third party materials, such as those provided by Trading Central or Autochartist, limits the broader market perspective available to clients. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. PrimeXBT calculates these fees based on the difference in interest rates between the two currencies in a pair. Counterfeit apps, often disguised as legitimate providers, may compromise your data or deliver inaccurate or fake signals. The EUR/USD pair is a popular currency pair to trade in the. 31 well, maybe not all of it, since there were 72 million Ether in circulation, so it would still cost $22 million. However, the platform has garnered positive reviews from its customers with few complaints. During uptrends, traders and investors become bullish and price moves sharply higher. It is fully regulated and offers competitive spreads and fees. The minimum withdrawal amount on PrimeXBT typically aligns with the minimum transaction limit for the cryptocurrency being withdrawn, which is often equivalent to around $10 to $20 USD in crypto value. PrimeXBT Trading Services, S. Click ‘Verify Account’. 0017 resistance, it could increase by 25%. Users can use isolated margin and cross margin as well. The Coinmatics platform also provides tracking and copying trades and an analytics dashboard. Trade only at your own comfort level of risk. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Additionally, the broker does not charge handling fees for deposits or withdrawals or impose inactivity fees on dormant accounts. However, if you’re using traditional payment methods like Visa or Mastercard, your bank may want to verify the transaction. Insights into PrimeXBT’s Cryptocurrency Trading. PrimeXBT operates as a Straight Through Processing STP broker without a dealing desk. Implementing these risk management practices can help you maintain a healthy trading account and achieve consistent results. Competitions on demo accounts can be a good way to learn cryptocurrency trading in practice. All in all, PrimeXBT is an ambitious player in the crypto futures trading sphere. The numbers in this chart are only illustrative and subject to change over timeRound turn commission. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. However, users should be aware that depositing fiat currencies through third party payment processors may incur fees, which are determined by the payment provider. Depending on the level of your membership, you can choose different plans – Advanced, Premium, or Elite – and use exclusive opportunities of these plans. There are also custodial trading subaccounts for users who want to entrust their funds to a professional trading team.

Worse

This means that traders only need to put down 1% or 0. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. Our writers’ and journalists’ opinions are solely their own. PrimeXBT’s fee structure is competitive, particularly for active traders, with transparent trading and withdrawal fees that are in line with industry practices. 001 BTC, by trading with leverage on PrimeXBT you can turn that 0. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. It is designed to appeal to both high frequency traders and those making occasional trades. 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. The reset process may vary slightly depending on the version of PrimeXBT you are using, but the general steps remain consistent. Considering how transparent and trader friendly the entire fee structure is, PrimeXBT is a more affordable choice than many other brokers. This means that traders only need to put down 1% or 0. We’ve got you covered with access to 100+ global markets on one platform. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. $20,000 or equivalent for unverified users. This gives the trader the advantage of making money on “borrowed funds”. Learn more about Baksta’s Legal Terms. We’re here to help ensure your trading experience is efficient and rewarding. After registration, you’ll be required to confirm your account by entering a 4 digit PIN code sent to your email, and then you can deposit funds and begin trading.

Connect Wallet

Access the Rewards Center on the Web by clicking on the gift box on the top right corner of the page, near the deposit button. You can set limits on orders, but the concern is that if you do not get the exact price you asked, you could find yourself still in the market. The exchange has several technological advantages: it provides for mutual insurance of market participants against possible sharp price movements. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. Click Download and confirm the file download if you see a warning. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. These fees can vary depending on the direction of the trade. Reply from PrimeXBT Copy Trading. The platform is designed for traders with a higher level of expertise, implying a steeper learning curve for novices. And please keep in mind that these are only valid for the period of time surrounding the writing of this article at the end of November 2023. Our trading platform offers multiple ways to manage your risk, including stop loss and take profit orders. Just sign up for a live account and use the filter option to find top traders by profit, AUM, and followers. Before you start, you would have to fund your trading account. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. While there are a host of other traders in the markets, most commodity traders are speculative in nature. Here are the typical withdrawal fees on PrimeXBT. It is extremely user friendly it is fast, it is sleek, and it is not crammed with extra information which is unrelated to trading which seems increasingly common among large exchanges these days. They also use Cloudflare’s technology to mitigate the risks of DDoS attacks. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Shiba Inu was constructed based on the Ethereum blockchain which made it secure, accessible, easy to adopt and utilise. For example, if a trader goes short on Bitcoin at $54,000 and the price falls to $52,000, he or she would net a profit of $2,000. Enhanced verification can increase these limits. We’re glad to hear that you appreciate our competitive fees for futures trading, especially when dealing with larger amounts. While margin can unlock opportunities for greater profits, it requires careful management of risks, such as amplified losses and the impact of interest rates.

Turn Your Contests on the PrimeXBT Platform Into A High Performing Machine