PrimeXBT Review 2025

The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Leverage trading on PrimeXBT has been a game changer for maximizing returns without tying up significant capital. PrimeXBT is not available for users located in the USA, there is no “PrimeXBT USA” option as there is with other platforms like eToro or Binance. If you have any feedbacks or need assistance, feel free to contact us via live chat or email at. 2024 00343, having its registered office address at PKF Corporate Services Ltd. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. Below is an order page for a stop loss order on PrimeXBT. EDIT: I just checked the trading report, and it says this. PrimeXBT has established itself as a premier platform for crypto futures trading, offering traders a comprehensive suite of features to navigate the dynamic cryptocurrency market. It is honestly very easy to use. Here are the steps you need to follow to ensure you receive your bonus and can start trading with additional funds.

What unique features does PrimeXBT offer?

As for their policies, they have a KYC Know Your Customer Policy and an AML Anti Money Laundering Policy. Some well known, and effective risk management strategies include position sizing, which can then be broken down into an option like enter amount vs risk amount,. Make sure you understand the difference between Spot and CFD trading before getting started. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. A pending withdrawal can be cancelled at any time before 11:00 UTC. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. 10 making it a stagnant year for Cardano. Use advanced risk management tools to limit potential downsides. It’s important to ensure the address is correct to avoid losing funds. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Even beginners will find this platform easy to use. Returns or profits may be subject to capital gains tax. However, the absence of custom price alerts was a notable drawback. These limits include both deposit and withdrawal restrictions, which vary based on several factors including account verification status and payment methods used. Margin is a crucial part of leveraged trading. And with Binance’s futures trading, I’ve expanded into predicting market movements for higher returns. The permitted cryptocurrency deposit options are Bitcoin, Ethereum, Tether, USD Coin and Covesting. Crypto transactions are supposed to be anonymous. Trading hours may be affected during the holiday period. We cover Bybit’s products in more detail in our Bybit review, but to provide a high level of the most prominent features, here is what Bybit has to offer. Please follow the links to each of our affiliated broker’s websites. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. Rather than observe actual volatility, IV extracts estimates of future volatility anticipated by the options market.

PrimeXBT Main Features

Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Remember, terms and conditions apply to these go URL promotions. It offers services in over 160 countries across continents such as North America, Europe, Asia, Australia, and Africa. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. The best PrimeXBT coupon code available is WETHRIFT25, which gives customers 25% off at PrimeXBT. These widgets can contain a chart, order form, trades, messages etc. 93 during the 2017 crypto mania, clawing back up to that level is certainly possible. Minimum order sizes for all trading instruments are specified in the Tariffs and Conditions on the page. Returns or profits may be subject to capital gains tax. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Exclusive to SAShares Clients. 5% float rate and 1% network fee. Free $10,000 Practice Account. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. Fransiskus Febri Putra Dewa, O. Gain trust and grow your business with customer reviews. Holding, or HODLing in this case, recommends that a crypto investor avoids selling assets during especially large or scary price corrections. Projections for DOGE’s price in the latter half of the year indicate the potential for reaching approximately $0. We’re glad to hear that you’re enjoying the variety within our copy trading options, especially noting the success of traders specializing in CFDs alongside those in crypto. What Makes EUR/USD the Most Traded Currency Pair. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page.

Offers and New Customer Experience a great referral program

We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT. PrimeXBT is a centralized cryptocurrency exchange CEX that offers a user friendly environment and 24/7 multilingual customer support for traders of all levels. You can choose the size of the position that you want to create. A partial court victory established that XRP itself was not necessarily a security when distributed on public exchanges. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. PrimeXBT was founded in 2018 and became a leading cryptocurrency exchange for derivative products and margin trading. When you enter a market, you should understand where it is that you will admit that your trading idea did not work out. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. Robinson studied economics at Georgetown University and graduated with honors, attaining a Bachelor of Science in Finance and Management. Traders should monitor the overnight financing fees closely, especially if they frequently hold positions overnight. These traditional assets have been made available due to increased interest in global markets. This is where the phrase “Plan the trade and trade the plan” comes into fruition. The referral program of Coinbase is simple and straightforward: users can earn a comission when someone sign up from their unique link. There are also custodial trading subaccounts for users who want to entrust their funds to a professional trading team. The platform could enhance its educational resources and expand its geographic availability. I give it a 10/10, meaning I haven’t experienced any unsatisfaction for now and praying it keeps being so. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. That being said, you should be very cautious and never get to the point where you have a margin call. ICOs can be compared to Initial Public Offerings IPOs in the stock market, but with some key differences. Unrecognized or Partially Recognized Jurisdictions. Throughout my testing, the app performed smoothly without any bugs or glitches. As mentioned earlier, XRP, as a Cryptocurrency, has very low barriers to entry to start investing and trading in. Stellar participates in the market, as seen by its alliances with major companies like IBM and Deloitte and its emphasis on international payments, which places it squarely against well known companies like Ripple XRP. They include information such as how to place trades, set up stop losses and protection orders, funding your account and safely using leverage. First, no matter what you choose to trade, it’s always a good idea to have a plan or what’s called a trading strategy in the world of finance. Are you an Apple user. Making changes and modifying orders is also possible in just a couple of clicks. However, there were a few areas of disappointment. Be sure to follow all instructions carefully to ensure nothing goes wrong.

How to trade key upcoming events with Prime XBT

However, the broker does not provide comprehensive market research, and some of its spreads exceed the industry average. It is worth noting that Perfect Money charges the 1. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. As is the case with any exchange, there is always a possibility of hacks. Learn more about Baksta’s Legal Terms. Since its founding, PrimeXBT has grown substantially and now serves clients in over 150 countries and is a well known and respected exchange for providing clients with access to top tier liquidity and robust trading tools. PrimeXBT is not available to customers in the USA or Canada PrimeXBT is supported in over 170 other countries worldwide. When it comes to Ripple investment, it is important to know what makes this Cryptocurrency so different from others. These widgets can contain a chart, order form, trades, messages etc. In conclusion, PrimeXBT is an excellent choice for crypto traders but offers limited value for those seeking to trade other asset classes. Perhaps this is something they will add in the future. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. PrimeXBT PTY LTD previously Stack Advisory 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. DEX is the most favorable option to top up the account, cuz transactions are secure, cyphered and lightning speed fast. Let’s walk you through detailed step by step instructions on how to make a deposit on PrimeXBT. For example, if you only have BTC and want to do a ETH/USD trade, you can turn your BTC into ETH tokens to do so. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. This means that they are kept in a secure offline environment away from an internet connection and the threat of potential hackers. By providing high leverage and a broad range of tradable assets, it has made cryptocurrency trading more accessible and appealing to a wider audience. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. Therefore, when adopting a cryptocurrency trading strategy, ensure that whales will also use it. PrimeXBT deposit methods unlock a world of flexibility as you manage your funds effortlessly. We’re here to help and committed to making PrimeXBT a better platform for everyone. The foremost is scalability – by processing transactions off the main Ethereum chain, Polygon can handle a much higher volume of transactions at a fraction of the cost. When considering if TrustDice is a safe place to play online casino games and sports betting, there are some key factors to assess. This powerful feature provides users with greater control over their investments and can help them make more informed decisions when selecting traders to follow.

Trading Platform

Learn more in our Cookie Policy. With a PrimeXBT CFD trading account, you have access to over 100 global markets, and some of the best trading conditions around. It costs more to execute a full sized EURUSD trade with PrimeXBT than with the typical STP broker. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. Thank you for your thoughtful feedback and for noticing the improvements in our app. Don’t have an account. If you have any further questions or need assistance, please don’t hesitate to contact us at. The dashboard employs a modular layout, allowing you to drag and drop elements anywhere on screen to create your ideal workspace. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. To make a withdrawal to a new Account ID, users are first required to make a deposit with that Perfect Money Account ID,. Thanks to the fantastic mobile app, traders can also take their trading on the go. Most likely, you are interested in crypto transfers and fees that may be associated with them. Given that PrimeXBT has developed a highly efficient trading engine, they are able to execute orders at below 7. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. However, it should be kept in mind that swaps change over time. The standout feature of PrimeXBT’s offering is its rock bottom $0. The file is verified secure by PrimeXBT. Emerging as a promising newcomer, Certified boasts a solid monthly profit of 69. 67 USDHow can the financing of this trade outweigh the profit by a few cents. Hot wallets are defined as any type of wallet that has an ongoing “hot” connection to the internet. For those focusing on finding the right crypto platform for day trading or a crypto platform for short term trading, keep reading to see how our listed exchanges performed in our tests.

My Key Takeaways After Testing PrimeXBT Desktop

Open the downloaded file and tap Install to complete the installation. It is worth noting that Perfect Money charges the 1. When crypto lacks momentum or its characteristic volatility, traders can access other markets that trend at different times and intensities. This is always a tricky aspect to analyse when writing up a review for advanced trading platforms. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. The PrimeXBT support team can be reached by email at. Io, our team exclusively suggests products and services that align with our own preferences and that, in our assessment, will bring benefits to our readers. They have a long standing sterling and trusted reputation within the crypto community, and offer one of the most solid and high performance trading engines in the crypto space. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Do you have to report Crypto under €600. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. Below is a table to compare the available methods. Dear Nashit,Thank you for your feedback. I believe that blockchain technology can build a brighter future and am excited to be part of it. Another notable offer is a 7% bonus on top of the first deposit using the code DONTP. We also have in depth dedicated reviews for both of the exchanges in this article if you want to learn more about them. Trading contests are becoming very popular as skilled traders can compete for extra cash and prizes.

Affiliate media buying in app Meta ads Telegram ads

PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. Security and Compliance:Coinbase has always been big on security with industry leading security protocols, including 2 factor authentication 2FA, cold storage for most assets, and multi party computation MPC to protect online assets, something that many other platforms don’t offer according to Kyle, our crypto specialst. It’s important to consider these costs when planning fund transfers. The example mentioned above could have been a gain of $420,000 instead of $4,200. The best platform to trade crypto futures, that we’ve found, is PrimeXBT. Once a coupon has expired, it can no longer be used. Trade over 30+ assets: Crypto, FX, Commodities and Indices CFDs with up to 500x leverage on a fully customizable trading platform. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Prior to joining NCB, Mr. Information regarding past performance is not a reliable indicator of future performance. So, with $1,000 and 5x leverage, you could control a position with a $5,000 notional value. Leverage amplifies your profits. “Binance: A Leading Crypto Platform with Low Fees and Advanced Features” Tuot Nguyen Qui User. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. Pricing here is ok, make and taker fees aren’t biting whatsoever + when it comes to trading crypto CFDs, then spreads are within the average values. It not only looks great but also feels incredibly sturdy, which gives me confidence in its durability. Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign up with our link PrimeXBT Covesting. Yes, I can see your objection – “What is KYC in crypto. Traders need to verify what additional charges may be waived by their financial institution. PrimeXBT offers the following selection of assets. Now that we have recently seen some signs of life in the cryptosphere, and that the Cardano market capitalization has reached above the $13 billion level again, it looks as if people are warming up to it again. Adopting Cryptocurrency has gone much slower than people anticipated, with even Bitcoin struggling. It is up almost 50% over the past month and 67% since early October, when it was trading around 60k.

Admin

Thank you for choosing PrimeXBT. You will often see a massive spike in price, followed by a slow and gentle drift lower. However, expect cardano price prediction article to be all over the place, as nobody truly knows the future. Select Accept to consent or Reject to decline non essential cookies for this use. In order to withdraw funds from your cryptocurrency exchange account, you need to submit a withdrawal request from your Personal Area. Margin trading platforms, however, allow interesting derivative products and financial instruments that provide added features, such as long or short positions. PrimeXBT is quite transparent with its fees. It depends on your individual risk tolerance and experience level. This means that you take advantage of market conditions without exposing yourself to high levels of risk. Here’s our verdict about PrimeXBT. However, Bitget offers fewer derivatives trading pairs than Bybit, making it less attractive for people who predominantly focus on trading perpetual futures contracts. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. Overnight Financing: For leveraged positions held overnight, PrimeXBT charges an overnight financing fee, also known as funding fee. As of today, the current value of 1 DOGE is 0. Regularly review your trading performance and analyze. Polkadot is a next generation network that aims to solve the problem of blockchain interoperability. My experience with PrimeXBT’s customer support was mixed. 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. But what if there was a way to potentially boost your gains. There are only a couple of reasons why most people decide to short sell, speculate and hedge an existing position. The margin for trading has a much smaller amount of interest attached to it than something like a credit card, but it is still something that you need to pay attention to if you are hanging on to a position for longer term moves. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. Availability and Responsiveness of Support. You can trade on OpenPeer directly from your self custody wallet like MetaMask or Trust wallet.

TABLE OF CONTENTS

I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. I mean, they have DDos Protection, they are backed by AWS, and reportedly have liquidity from 12 different sources. In contrast, despite a smaller selection, PrimeXBT may appeal to you if seeking a platform with a straightforward focus on leveraged and multi market trading. In order to service their current payments and withdrawals, they will also need to run a “hot wallet,” but only a limited number of coins are kept in this state. A notification on your phone, email, through their own app or the trading platform you use. CoinMarketCap says Litecoin set a new high in May 2021, however, the Coinbase chart shows that Litecoin failed to set a new high and has many talking about a double top formation. Margin trading in the cryptocurrency market can be very profitable but also challenging. 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. One would have to assume that by the time we get to 2029, we will have easily made a fresh, new high. Spoiler alert: understanding the fee structure is critical to maximizing your gains. If the account is denominated in 1 whole Bitcoin, only 0. PrimeXBT offers competitive trading fees for British traders, ensuring cost effective trading across all available platforms. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders. PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives futures and CFDs. However, recently, a prominent hack of a competitor cryptocurrency platform resulted in a large sum of user funds stolen. The PrimeXBT payment verification process is essential for ensuring the security and legitimacy of transactions on the platform. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. We will delve into these aspects in the subsequent sections. Copytrading service deserves special attention. To trade Cryptos, go to the Trade dropdown menu and select CFD Trading and your trading account. Bybit follows a tiered structure with the following fees for Spot and Derivatives trading. This allows the sector to operate more independently than the traditional fiat system. The cryptocurrency LINK has value because it has to be used by those wishing to make transactions. Many countries may trade on the Exchange, except those that are prohibited or unrecognized jurisdictions. Bybit has also done an impressive job expanding its offerings, now contending with the likes of Binance and OKX thanks to their solid reputation, long standing track record, and respect within the crypto community. A good Forex trading strategy is profitable obviously.