PrimeXBT Review 2025

In just the last few months, exchanges that formerly required no KYC like OKX, Bitget, and KuCoin have all either implemented KYC procedures, or withdrawn services from the US due to the harsh regulatory environment for crypto exchanges. Navigation was intuitive, with all the essential tools and indicators just a click away. Be sure you fully understand the risks involved in leveraged trading before using leverage on a live account. Automatic trade, lack of information, or lack of modification are the factors that can influence the execution and management of the trades. Note ✍️: Be sure to read the TandCs that apply to this as well as what is acceptable promotion and what is outlawed. This article provides a comprehensive comparison between PrimeXBT and eToro, covering aspects such as trading options, fees, security, and user experience. Are they actively engaging with those users, through things like promotions, giveaways, quizzes, and all the things that make social media attractive and fun. Some platforms also allow limit orders to close positions, acting as a take profit order. This website is owned by PrimeXBT PTY LTD. When users activate a membership plan by depositing and staking COV, various levels of benefits, based on the amount staked, will be unlocked. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. With the new year officially underway, we’re looking back at the last month of 2024, thrilled by the fact that. When users activate a membership plan by depositing and staking COV, various levels of benefits, based on the amount staked, will be unlocked. From this we can conclude that the exchange is still more suitable for users with at least a little experience in the crypto market. 3 billion fine for failing to comply with AML regulations. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia.

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Margin trading with cryptocurrency allows users to borrow money against their current funds to trade cryptocurrency “on margin” on an exchange. Aside from funds safety that can be traced on chain, the platform has also undertaken their own security measures, some of which are listed below. The BNB Chain campaign will run from July 24 to August 14, at the same time as the Olympics, and should help participating. These wallets can’t be hacked because they’re not online. 📱 Access copy trading anywhere with PrimeXBT’s mobile app. This transparency helps you choose a trader you’re confident in copying. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. On the Internet, we have not found any feedback from clients who faced hacking of the platform and loss of their funds. The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. Platforms prioritize simple interfaces so that anyone, regardless of expertise, can navigate them. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Returns or profits PrimeXBT ticareti may be subject to capital gains tax. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Backtesting means that you are looking through historical data to see how your system would have performed. Start trading with PrimeXBT. Frequently Asked Questions. Avant X Technologies е агенция за реклама и организиране на събития с персонален подход, която обича новостите и предизвикателствата. Bitcoin is holding steady around the 98k level after choppy trade in recent sessions and as investors adopt a cautious. Polkadot’s specific type of proof of stake is a nominated proof of stake, where nominators bank validators with their stake as a sign of trust in their good behavior. However, there are reports online from users facing issues with fund withdrawals and a perceived lack of cooperation from the exchange, which raises concerns about reliability. The process generally involves. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Fees have become incredibly competitive in the crypto exchange industry and neither PrimeXBT nor Bybit will break the bank.

Do I get any fee discounts on PrimeXBT?

The numbers in this chart are only illustrative and subject to change over timeRound turn commission. This section will discuss the impact of regulations on traders and how PrimeXBT supports its users in navigating these challenges. After that, though, market factors meant that the price dropped. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. ” Determine your position size by adjusting the “amount” field and set stop loss/take profit levels. $2,000 by bank card. The withdrawal fee on PrimeXBT is 0. However, users should be aware that depositing fiat currencies through third party payment processors may incur fees, which are determined by the payment provider. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. PrimeXBT is a perfect match for copy traders. For example, the withdrawal fee for Bitcoin is typically 0. To understand the path to how XRP will perform in the future, and how 2020 shaped it, it is pertinent to go back a few more years and examine the waves of XRP through its history. When used professionally and responsibly, leverage can be a powerful tool for traders across all experience levels. In terms of funding an account, there are no fees that are applied to inward payments. Receive the latest news and stay informed. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. Brand operating since. Bitcoin Cash and Bitcoin Gold, and ‘Halving Events’, which occur approximately every four years. Casual traders interested in digital assets can benefit from PrimeXBT’s extensive crypto offering. Competitions on demo accounts can be a good way to learn cryptocurrency trading in practice. 2024 00343, having its registered office address at PKF Corporate Services Ltd. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. Get all the top financial news delivered straight to your inbox.

Trade With A Regulated Broker

In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. With an expansive array of Forex pairs spanning major, cross, and exotic pairings, alongside options to trade Commodities and Indices, PrimeXBT caters to diverse investor preferences across traditional asset classes. This Week’s Summary The crypto market ends the week at a total market capitalization of $2,67 trillion. It is worth noting that Perfect Money charges the 1. Understanding this calculation is crucial for effective trading strategy planning. Ideological and political posts or comments are considered nonconstructive and off topic unless paired with analysis of political events and how they influence the market. The Covesting DApp sources reputable DeFi platforms that generate yield in a manner that is easy from the user perspective, providing the benefits of DeFi with the clean and simple interface of PrimeXBT. For example, if you have a long position in Bitcoin but think that the price could collapse in the coming hours or days, instead of closing your long position, you could simply hedge the position by shorting Bitcoin in the same amount as your long trade. Bitcoin Cash and Bitcoin Gold, and ‘Halving Events’, which occur approximately every four years. I also observed the safe and quick process of payments, so it makes clear that this broker can be trusted 🔐💰I`m not talking about trading conditions, it depends on the trader`s perspective🤔See more.

Cons

This guide has unpacked the fundamentals of leverage trading in Crypto, exploring key concepts like leverage ratios, margin, and different trade types such as futures and derivatives. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Additionally, PrimeXBT hosts weekly trading contests. Overnight financing is not charged on weekends for markets that are closed during that time, however, a triple financing rate is due on Thursday 00:00 UTC. He also worked with Jamaica Producers Group Caribbean snack food business where he managed finance and logistics. 55 by December 2025, with further potential to increase​. Stock indices include the Dow, SandP 500, FTSE, Nikkei, and many more. Cryptocurrencies with a high supply tend to have lower prices. PrimeXBT enhances user security through measures such as. During its early years, the crypto market was associated with illicit activities due to the ability of transactions to be made anonymously. When Bitcoin price crashes, it can get especially violent so investors are encouraged to HODL their rare BTC strong. The educational materials cover basic topics, but I’d like to see more examples of advanced strategies. The responses were fairly detailed but lacked accuracy in addressing all queries. Another box MyCryptoParadise checks is the fact that it is founded and managed by four full time traders based in Czech Republic. PrimeXBT provides copy trading through its Covesting module, allowing users to follow and copy the trades of experienced traders. Go to Settings > Security and enable Install from Unknown Sources if prompted. 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.

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You can earn up to 75% of the profits of those whose trades you copy. PrimeXBT does not charge for deposit or wallet creation. When you get stopped out of a leveraged trade, there is no need to immediately put another trade in the opposite direction. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. In particular, crypto traders can utilize a maximum BTCUSD leverage of 1:200. Stops and Take Profits are included, also OCO. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Date of experience: December 18, 2023. If anything, bear markets tend to be wherePrimeXBT finds its most user growth, in contrast to most crypto exchanges. 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. ✔️Pros of using Bitstamp. Diversify across more than just Crypto. Reply from PrimeXBT Copy Trading. Emerging from the chaotic world of internet memes, Pepe the Frog has transcended digital culture and gained popularity in the. The calculation for the necessary margin is done in real time, meaning that it will keep your account from going negative. Of course, being affordable isn’t the only benefit of trading with primexbt. Go to Settings > Security and enable Install from Unknown Sources if prompted. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Traders can scour through some of the top performing traders and choose to copy their trading activity, providing a potential side income. Com or you can contact us in the chat room on our website. Best Platform for Online Trading. The order form also displays recent trades and order book data. Dear Aran,It’s great to hear you’re enjoying the robust platform and modern instruments. 2024 00343, having its registered office address at PKF Corporate Services Ltd. March brings a slight uptick in Cardano’s market performance.

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Buy during uptrends, and sell during downtrends. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. And, for BNB, the withdrawal feed is NIL for using the ERC 20 network. In June 2022, the Shiba DAO voted to halt BONE minting for ShibaSwap rewards, the liquidity provider for Shiba Inu transactions, opting to reserve it for Shibarium validators. Seek independent advice if you have questions or do not fully understand the risks. BingX is a cryptocurrency exchange that provides access to a wide range of trading pairs and instruments. As well as this, the exchange has a strong focus on privacy coins like Monero XMR. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. If the app is unavailable in your region, you can still access it through direct download from our site. Traders are listed in ascending order by win ratio.

Disclaimer

Let’s say you’re trading with a $5,000 account and with a 100:1 leverage ratio. The PrimeXBT iOS app keeps your data and funds secure with Face ID and Touch ID, along with two factor authentication 2FA. After all, you can use all we have to offer here at Crypto Parrot to mimic some of the best out there and try to make a success out of your cryptocurrency trading career. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. Glad I have a place to trade any crypto now, no strings, just trading, ty. From beginners with a standard account to seasoned professionals with platinum accounts, each tier is designed to provide specific benefits that enhance the trading experience. Entering the code in the next window that appears confirms that all details are accurate and the payment will be processed immediately. My account experienced a tripling of its value in an astonishingly short period, giving me hope for better times. First let me make a slight disclaimer: paid Crypto signals are not necessarily more reliable, of better quality or accuracy than their free equivalents. Reviews on platforms G2, Trustpilot, ProductHunt, and Reddit generally indicate user satisfaction despite some negative feedback, averaging around 4 to 4. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. It’s unwise to have an opportunity to make free money and letting it go without availing. The benefit to the Crypto signal providers, is that they either get followers that they can market their paid signals to, or they are affiliated with a broker that they can recommend to the people using their free Crypto signals. With so many different trading markets provided it is important to understand when and where you will be charged. Alternatively, you can deposit and withdraw Ethereum ETH, Tether USD USDT, ERC 20, USD Coin USDC, ERC 20, and Covesting COV coins. Just think about the opportunity of trading cryptos with 1% margin requirement and pay a flat fee of 0. The absence of third party materials, such as those provided by Trading Central or Autochartist, limits the broader market perspective available to clients. We may receive a commission for purchases made through these links. For example, the minimum for Bitcoin is 0.

Updated Dec 12th, 2024

On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. Our predictions are based on a careful analysis of market trends, historical data, and the overall cryptocurrency landscape. Scan the QR code with your device’s camera and get APK file. 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. You can open an account and start trading with just your email address. Traders have the option to spread the platform out across more than one screen or can have numerous different markets on a single screen. If problems persist, PrimeXBT’s customer support is available to assist with more complex issues. We strive to provide both quick and competent support, and we appreciate your patience when waiting to connect with an agent. Scan this code to download app. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. 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. Traders use this order type to improve their entry/exit price, however they do not guarantee execution as there is a chance the market may not reach the limit order level. Their so called Altalgo Indicator which scans the market in real time, giving you the price you should buy at and when to sell, making the process extremely user friendly. If there’s anything else we can do to enhance your experience further, please don’t hesitate to reach out to us via live chat or email at. Pearce currently serves as the Chief Executive Officer of Norbrook Equity Partners Limited. Our clients love how fast and simple our sign up is. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. These miners are rewarded with newly minted DOGE coins for their efforts. Firstly, Crude oil is the naturally occurring, unrefined petroleum product that is typically obtained through drilling. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. There’s no need for you to pay a huge amount of money when purchasing products from Primexbt. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. The platform offers a multitude of advanced features, competitive fees, various trading preferences, and robust security measures. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Because crypto exchanges specialize in different areas, each with their own strengths and weaknesses, and because crypto traders have different needs, it is important to match a crypto user with an exchange that performs well in the area that is important for them, which is why we put together this article about the Best Cryptocurrency Exchanges 2024, which you may find useful. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. Powered by Alligence Technologies Sdn Bhd.

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We provide you with support from real people, around the clock. Ever feel lost trying to figure out the ups and downs of the market. PrimeXBT Trading Services, S. These are instruments that allow traders to benefit from price fluctuation in an instrument without actually owning it outright. This section will discuss the key factors that have attracted users to the platform and contributed to its expanding market presence. Overall, PrimeXBT is nowhere as near refined as the best crypto mobile apps. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts. PrimeXBT emphasises tailoring the trading experience to meet each user’s individual needs, offering a flexible margin system and a highly customisable user interface. Like other providers Blockchain Sparrows also offer trading in the form of videos, live online lessons, articles, Webinars and face to face education in select locations. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. The social media integration feature is a bonus, allowing users to follow successful traders and mirror their strategies effortlessly. PrimeXBT’s partnership programs offer some of the most competitive financial rewards in the industry. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. Moreover, the affiliate program offers a fixed commission structure, with a minimum payout of No minimum payout. Bitcoin has surged past the 100k psychological level to set a new record high. In order to withdraw funds from your cryptocurrency exchange account, you need to submit a withdrawal request from your Personal Area. $20,000 or equivalent for unverified users. 05% per trade for cryptocurrency transactions. To calculate the profit you have made, you multiply the difference between the closing price and the opening price of your deal by its total size. For example, if you deposited with Volet, you must also withdraw using Volet. Create Your Account in PrimeXBT Today and start multiplying your profits while keeping your risk well under control with the help of financial markets.