◾️How do I make a deposit?

It lets users copy top traders, making their trading better. There are many crypto indices that provide different types of exposure to the market. Learn more about Baksta’s Legal Terms. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Additionally, PrimeXBT supports the trading of Crypto BTC trade pairings. However, if you use a VPN, it is possible to access Bybit even if you reside in the United States of America. Whether you want to trade Forex, cryptocurrencies, metals, commodities, or stocks, you can do so with copy trading. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. GameStop made headlines as traders from “Wall Street bets” caused massive damage to hedge funds that were overly short of the stock. Get Up To 25% Discount on Trading Fees with PrimeXBT. Though PrimeXBT has come through our test as a better option, BitMEX can be used if you want specifically short/long Bitcoin using futures contracts.

Supported Assets and Trading Pairs

The second information to look for is the traffic source PrimeXBT accepts, which explains what platforms you can use to promote your business. Stay tuned to PrimeXBT’s social media channels to catch the latest bonus offers. With both long and short trades, profits and losses will be realised once the position is closed. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Don’t worry, we don’t spam. Sounds like a good deal, right. You get a 25% discount on the fees if you trade a lot on the platform. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. There are stop loss and take profit functions, and charts with many indicators. Total market capitalization is currently at around $2. Compensation Fund per user. It is important to remember that Stop Loss/Stop Buy orders are triggered when top of the book ASK quotes reach the price specified in your Stop Loss/Stop Buy order. 01%, it has sustained the interest of 28 followers and manages over $17,000 USDT. Since the platform doesn’t hold funds, it’s not subject to the complex compliance procedures that most centralized crypto exchanges are, meaning there’s no mandatory KYC on the platform and HODL HODL will never ask you for your personal information. This is a great way of highlighting what it is that people enjoy about the platform, and gives context and framing to the rest of the review. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Technical search criteria is suitable for short term investment plans, such as trading. If you have any suggestions or need assistance as you continue to explore and utilize our platform, please don’t hesitate to reach out to us at. If you’re interested in CFD trading, PrimeXBT offers a highly customisable platform, user friendly interface and competitive fees ideal for both beginners and experts. 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. When considering the security and reliability of Binance and PrimeXBT, your focus should be on how they safeguard your funds and personal information.

Which of these exchanges is for you?

This will allow you to earn a commission from referring friends to the platform. The platform supports various tradable assets, including cryptocurrencies, forex, commodities, and indices. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. This generally is felt when a market moves against you, only to turn around and go in your favor. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. Traders can trade cryptocurrencies with leverage up to 1:100, which lets them increase their positions greatly. This allows the trader to psychologically accept the losses that will inevitably come from time to time. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. This is achieved by borrowing funds from a broker to purchase a larger position. Stellar is an open source network for any type of currencies or payments, even dollars or Bitcoin. Unfortunately, as of late 2023, MEXC isn’t available for US residents. The platform emphasizes innovation, client empowerment, transparency, and a client focused approach, ensuring that traders have access to the best tools and resources to succeed in the financial markets. There are three simple steps in order to receive the bonus.

Simplified Trading

The exchange offers two types of fees: trade fee and overnight fee. To check the fees and funding rates on the other markets such as indices, commodities, and forex, please take a look at this page. To deposit on PrimeXBT, log in to your account and go to the “Deposit” tab. Your direct referrals will net you a 20% share from their trading fees, while the 2nd, 3rd and 4th tier referrals make you 15%, 10% and 5% respectively. The amount an individual puts down to open a trade in bitcoin leverage trading is known as margin. Com website are free for you to use. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. While PrimeXBT’s daily processing schedule lays the groundwork, other variables can impact how fast you see funds in your account. Unlimited for verified users. To assist you effectively, we need more details about your account and transaction history. Copy trading with PrimeXBT is quick, easy, and requires no prior trading experience. Historically elevated SOPR levels often coincide with local tops as investors book profits following the bullish run. Deposit and Withdrawal Fees. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade.

How to trade on PrimeXBT?

Obviously, PrimeXBT offers an attractive commission rate of up to 50% profit share. It offers leverage of up to 200x for trading Coin Margined Coin M and USDT margined USDT M futures. This could happen if you shared your account credentials with someone else, or if your password had become compromised. It’s great to know that you’re enjoying the comprehensive features we offer, from trading and buying to copy trading. This has been the case for most of the existence of the two networks, although in percentage terms, they tend to move roughly the same. One of the best aspects of the platform is their support team. Without KYC you will not be able to deposit from bank cards. There he was awarded with the prestigious Arthur Ashe Student Athlete award. Options may include popular cryptocurrencies like Bitcoin BTC, Ethereum ETH, USDT, and others, depending on the platform’s current offerings. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. This minimized my losses and still only cost 0. All transfers are executed manually, once our team checks all transactions for risk scoring, money laundering, suspicious trading activity, and other patterns. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4.

Liquidity and whales

Whatsapp: 11 6481 4231. If that happens the bonus is considered as spent and the balance will be cleared back to zero. I got caught yesterday in a very expensive 25x position on a short sell. Join PrimeXBT contests to test your trading skills and win great prizes. For more information, please see our Cookie Notice and our Privacy Policy. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. We will examine the asset offerings, trading platform, and other aspects of the broker in this in depth review of PrimeXBT, providing traders with all the information they require to determine whether this is the right broker for them. The ‘Messages’ widget contains all system messages with a detailed explanation of why an order was rejected. TradingView charts are also available, helping users analyze and make better decisions. With both long and short trades, profits and losses will be realised once the position is closed.

PrimeXBT bonuses

The idea of Bitcoin as money has for now disappeared, with very few actually spending the cryptocurrency on goods, services, and more. For instance, using limit orders to take advantage of lower maker fees can help reduce overall trading expenses. PrimeXBT is a Bitcoin based margin trading platform. Cryptocurrency withdrawals typically take 10 minutes to an hour, while fiat withdrawals can take 1 3 business days. All nodes in a network must agree and come to a consensus for the blockchain to continue building and moving forward. Brand operating since. PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. Crypto futures also offer leverage up to 1:200. 5 of your personal funds. This knowledge enables them to make better decisions, ensuring that their trading strategies are not only effective but also cost efficient. Sign in to your PrimeXBT account. One of Fat Pig Signals main messages is ease of use and economy of time. 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. When you receive a margin call, you should either deposit additional funds to increase your free margin or close some leveraged trade to free up the used margin in your account. The file is verified secure by PrimeXBT. This prevents unauthorized transfers even if someone gains access to your account. The copy trading features allow traders to set up and manage a strategy and/or follow another trader’s strategy. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. $2,000 by bank card. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. As expected, Best Crypto Signals gives you an entry level, profit target and stop loss level. And if you’re on the go, you can use PrimeXBT’s mobile app to access your trading account and monitor your trades – anywhere, anytime. Disclaimer: These are the writer’s opinions and should not be considered investment advice. To withdraw crypto, go to your Account’s main page, click “Withdraw,” and select the crypto asset. This intuitive trading platform caters to the needs of both beginners and experienced traders. Users are able to engage in both cross margin and isolated margin futures activity. When crypto lacks momentum or its characteristic volatility, traders can access other markets that trend at different times and intensities. Date of experience: May 03, 2024.

Restricted Jurisdictions

This bonus provides a valuable opportunity to increase your trading capital, offering more flexibility to open positions without requiring additional personal funds. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. How volatile a market is affects how quickly the price of assets can change, so be prepared. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. And this is IMPORTANT to make more profit. These services are governed by the legal terms and conditions of PXBT. Breaking news is always a risk factor for traders, especially for short term trades. This means that traders only need to put down 1% or 0. There are different types of leveraged tokens, but generally, they aim to deliver a return that is a multiple of the underlying asset’s performance over a specific period. That loan is made available by your broker and requires collateral, which is called a margin, in trading circles. 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. PrimeXBT operates with a strong focus on global accessibility, ensuring compliance with local regulations in regions where its services are offered. While some investors look to significant price movement. This website provides entertainment content, and using it means you accept out terms. Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. This comprehensive guide has everything you need to know about trading LTC. 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. A number of cryptocurrencies, including BTC, ETH, USDT, and USDC, are accepted by traders for deposits. The outlook for Dogecoin will rise and fall with the overall Crypto market. PrimeXBT, a leading multi asset brokerage brand, has announced its acquisition of a licence from the South African regulator, the Financial Sector Conduct Authority FSCA, as part of its upcoming launch in the region. While these features are indeed impressive, the durability of the trading ecosystem they belong to raises questions.

Khalid m

071 USDT in trading fees. To register on PrimeXBT, you need an email address and a password. This can be easily done by clicking on the large green Up button or the large red Down button on the right hand side of the trading interface. User can buy bitcoin and other cryptocurrencies with a credit card or any crypto wallet. Bitcoin ETF Options Expected to Launch Before 2025. A lot can be read in what has happened in the past as to what will happen in the future. 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. Clients who are interested in using the standard 4 level referral program can visit the Affiliate menu in the PrimeXBT Account section, where they can obtain their referral link and see the performance of their referrals and earnings at a glance. Social trading platforms are a great way to learn more about trading from experienced traders. We’re thrilled to hear that you’re enjoying the variety of services and tools we offer. Moreover, users can conveniently transact in US dollars. Ripple distributes all the XRP tokens on a timed, pre determined schedule. We are always open to a dialogue and we are full of confidence that we can arrange for you the best conditions for a fruitful cooperation.

Worse

We’re also glad that the leverage options and hedging tools are proving valuable to your trading strategy. PrimeXBT relies on various security protocols to guarantee the protection of customer funds and information. Still finding PrimeXBT too complicated. This relationship may affect the way and where products appear on the site, such as in what order they are listed in categories. Bybit is a cryptocurrency broker based in United Arab Emirates that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies. The first step you will need to make is to open up your commodity trading account. Traders and investors alike resort to performing technical analysis when studying the market to understand the current conditions and to. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. However, note that for isolated margin trading, you cannot access the full extent of leverage for your assets. My experience with PrimeXBT’s customer support was mixed. The risk of the platform being hacked is minimal when funds are stored offline. PrimeXBT keeps it simple with flat trading fees for different asset classes and variable withdrawal fees. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. Whether you’re drawn to the potential for capital growth, dividend income, or voting privileges, stock trading offers a dynamic avenue for investors to engage with the market.

Redes Sociais

This minimized my losses and still only cost 0. Your initial value of the position at $12,000 now is worth $9,960 – of which $6,000 needs to be paid back. 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. Information regarding past performance is not a reliable indicator of future performance. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Using an isolated margin is great for reducing risk, but simultaneously, it also prevents you from accessing the full x200 leverage. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. This can be seen as an advantage as it allows you to take a position on the price without worrying about custody of the asset, and profit from the rising and falling prices of the underlying asset. When you trade CFDs, you’re betting on price changes from when you open to close a contract. PrimeXBT also supports both fiat and crypto withdrawals. Bonuses are real funds that can be used in trading cryptocurrency instruments in the PrimeXBT platform, but without the possibility of withdrawal from the account. Share it online or with friends. Catering primarily to advanced traders, OKX offers several trading options and tools. Virgin Islands, Northern Mariana Islands. You can generate your gains, losses, and income tax reports from your Prime XBT investing activity by connecting your account with CoinLedger. Outside of its futures trading platform, PrimeXBT offers the aforementioned spot markets, a mobile app, integration with the copy trading platform Covesting where users can hold $COV tokens to receive a fee discount, 24/7 customer service via Telegram, trading contests, and a multi layer referral system. Tips for Successful Margin Trading on PrimeXBT. The size of the swap for long and short trading positions depends on the underlying asset. PrimeXBT Coupon: Get An Additional 50% Off $50+ All Trade Fees. Além disso, outra vantagem desta plataforma é que você pode negociar todas as categorias de ativos, não apenas criptomoedas. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. But this growth was short lived and the coin started contracting slowly as the year end Crypto rally, that has been an established and reoccurring event in recent years, cooled off.

Open free account

Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. This article provides a comprehensive overview of the payment fees on PrimeXBT, tailored for both newcomers and seasoned traders. I have screenshots as evidence. An example of systematic risk is unexpected and sudden news that hits the market by surprise. This deposit bonus is available for all the new users on their first deposit of Bitcoin only. It simplifies the onboarding process by offering all trading options under one account, eliminating the need for separate Forex, crypto, and commodities accounts. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Since its creation, an entire asset class has been created in its vision. The platform values user privacy and doesn’t require mandatory KYC checks, ensuring your identity remains anonymous. Yes, it will come down to your position sizing and how much leverage you choose to use. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better. This adds to the variety of assets available to users. Put simply, we are the best place for new and experienced Web3 fans — making content fun and accessible. Services related to cryptocurrencies buying, selling, exchanging are provided by Baksta UAB, which is registered in Lithuania. There’s also a proprietary copy trading solution for novices looking to learn from more experienced investors. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 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. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. I can share a little bit what indicators I’m using during a trading session, these are: Ichimoku Cloud, Fibo retracement and the RSI index. It’s considered a secure and trustworthy platform and has never been hacked. The biggest hurdles stopping new users from entering the crypto world are a difficult user interface, complex operational processes, and technical jargon. I know it seems like crypto is the only thing they provide, but it is just their point of marketing as they have emphasized crypto. The chart below illustrates how the slight increase in CPI results red line coincided with a decline in Bitcoin’s price. This gives you an in depth overview of the operational status of the trading engine, deposits/withdrawals and website. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. Read on to learn more about the top AI trading bots. Fundamental analysis involves evaluating the intrinsic value of an asset by examining various factors such as its technology, team, market demand, and overall industry trends. Forex Trading Platforms. The main COV token utility is to help strategy managers slash their trading fees by up to 75%. These services are governed by the legal terms and conditions of PXBT.