PrimeXBT MT4

We also have in depth dedicated reviews for both of the exchanges in this article if you want to learn more about them. Utilize credit/debit cards, SEPA transfers, or leverage Coinify to swiftly add Crypto to your portfolio. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. If I had to give an edge here after using both platforms, I would have to say I prefer Bybit as the trading interface. This article is not intended for residents of the European Economic Area or the United Kingdom. Com are for informational purposes and should not be considered investment advice. PrimeXBT furnishes users with the necessary data to track account activity. However, most of the time, there is no free lunch in the markets. Traders can access information on Maker and Taker Fees, financing costs for both long and short positions, as well as maximum leverage/margin requirements for each asset pairing. Larger positions will require more margin and hence reduce exposure – and subsequently broader risk. These tools have been a crucial part of financial markets since the late 19th century. 9 out of 5 from over 2000 reviews. If the app is unavailable in your region, you can still access it through direct download from our site. The 24 hour trading volume amounts to $41884499789 USD. ETH price has changed by 0. From ultra low fees to 24/7 support, PrimeXBT optimises every detail for traders. Our CPA managers are available to provide individual support for every partner and ensure they can earn additional income from referring new users to the platform. 15€ in BTC are waiting for you. On TrustPilot, we found it to have a 4.

Introduction to PrimeXBT

For those looking to time market tops and bottoms, it isn’t recommended. 000005 BTC, depending on the leverage used. Date of experience: October 31, 2024. Our website uses cookies. Only to find that you chose the wrong exchange for your needs. You should be able to register for any exchange without a KYC verification process without providing personal details like your SSN. 17 cents at 10k Sats and in 6 months, I cash out at. PrimeXBT anticipates the future value of ADA in 2025 to be around $4. Some key PrimeXBT (Cy) Ltd features of PrimeXBT include. Deposit Purchase crypto via bank card or transfer via third party companies. It is worth noting that Perfect Money charges the 1. The user must set a password to protect the account, and the password should be unique and not associated with any other accounts. Trading should be considered only if one has the appropriate risk capital.

PrimeXBT vs Bybit

Date of experience: October 08, 2024. Their fees are typically less than $2. However, insurance coverage is still rare within the crypto industry. Before making any investment, you should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult with an independent financial advisor. As of right now, PrimeXBT does not provide a demo account. Whether you’re looking to explore high leverage opportunities on well known cryptocurrencies or to trade futures on newer assets, Gate. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. Open the downloaded file and tap Install to complete the installation. As of the provided information, the following countries are banned from using PrimeXBT’s services. Users can deposit cash directly to their Cash Wallets on PrimeXBT from. Debit/Credit Card Purchase Fee. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. The TRON platform aims to create a worldwide digital content entertainment system that is free and decentralized, leveraging the concept.

Is PrimeXBT Right for You?

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. New User Sign Up Bonus Links:ByBit and PrimeXBT. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. PrimeXBT offers flexibility with cryptocurrency purchases through partners and multiple account features, like 2FA and demo accounts, to enhance trading. Acting swiftly is crucial, as withdrawals are processed within a specific time frame each day. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 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. 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. The ability of the ecosystem to govern itself is another attractive feature, and there will likely be more work done on that end as well. Both PrimeXBT and Bybit offer high leverage options, up to 100x on various assets. Daily from 12 to 14 hours UTC. His vision culminated in the creation of Solana, which has since gained widespread recognition for its technological advancements and its ability to handle large volumes of transactions at a low cost. Explore our detailed guide on connecting to and utilizing the PrimeXBT trading bot via Telegram.

Search By Post Flair

However, there’s a demo version for new users who are unsure about using the exchange. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. This bonus is added to your trading account and can be used for trading, increasing your capital. We provide the clarity you need on PrimeXBT’s functionality and risks to inform your trading strategy. 24/7 multilingual customer support. PrimeXBT’s advanced tools and diverse trading instruments are better suited for experienced traders. This allows users to fund their accounts without incurring additional costs, making it easier to start trading. 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. As long as you have a valid email address and some bitcoin, you can begin making trades on the platform instantly. The MA50 is now on the 153. In order for traders to quickly decide whether to open a long or short trade, the site has an interactive chart for each cryptocurrency futures. You can now make a deposit in Bitcoin and start trading. Before that, however, Cardano ADA price set a temporary low in 2018 at $0. Felix got into Bitcoin back in 2014, but his interest quickly expanded to everything blockchain related. Let’s begin with some background about these platforms. The main fees to be aware of include trading fees, overnight financing, deposit fees, and withdrawal fees. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Losing access to your email may result in you being unable to access your PrimeXBT account. Our website uses cookies. HIRN also offers a more robust option for thirty five dollars that includes both Telegram and Cornix integration if you want to use the signals you receive.

Write a review

This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Litecoin is being traded on 111 cryptocurrency exchanges, including Binance and KuCoin. Naturally, the restrictions on both isolated and cross margin futures may be frustrating for some users. If you’re an experienced trader, you can set up your own portfolio and trading strategy for others to follow. 39893819, and there is the potential for the Cardano price to reach $23. Many traders are actively seeking alternatives to platforms such as BitMEX and Bybit. PrimeXBT offers various withdrawal methods, including. 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.

Is PrimeXBT good?

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. Scan this code to download app. Follow the prompts and take a selfie using the camera on your smartphone or your webcam by clicking on ‘I’m ready’ make sure the lighting is good and your face is clearly visible. Dive into weekly trading contests with virtual funds for a chance to win rewards up to $10,000. Leverage trading also known as margin trading is a method involving borrowed funds from the exchange. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. However, we have fee discount codes available for many other exchanges, which can reduce their regular fees substantially. Go to Settings > Security and enable Install from Unknown Sources if prompted. When and where can you use the new Reward Center. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Accounts on PrimeXBT can be funded through three different means. You can only withdraw fiat using the same payment method you used for deposits. Polygon price forecast for 2027 indicates that POL ex MATIC could range between $2. It is worth noting that Perfect Money charges the 1. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. 1 Once you are ready to trade with real funds, simply click the ‘Go to real’ button in the top right corner of the Turbo page to transfer real funds to your Turbo balance. BRENT oil is a favourite in European markets. 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. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. Another great feature is that their basic service is free although it is slightly limited, but their paid crypto signals are very affordable at eight dollars and twenty five cents a month. There are no fees for account deposits. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. Xbt has high quality service through a devoted staff of financial specialists with initiative, and they were ready to supply me with good customer service when I needed it, not just helping but also guiding me through the entire process. To open the account, you need to provide your name and email address.

What is the difference between a Maker fee and a Taker fee?

It should be clear now why mirror trading can be an advantage to a trader, it requires very little work or research, and this is also good for new traders who don’t want to lose money while learning the ropes. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. BingX copy trading cons. Disclaimer: These are the writer’s opinions and should not be considered investment advice. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. With any type of account, margin accounts carry the normal risk associated with markets moving against the position you have taken. This means that user funds cannot be sent to a rogue address in the instance where an account is breached. While PrimeXBT receives a lot of praises, there are a few areas where users have expressed concerns or suggested enhancements. Continuing our mission to offer one of the best trading experiences in the industry, we are very excited to announce. With Polkadot’s focus on enabling inter operability among multiple blockchains, we can see those platforms thriving and pushing prices as high as $182. PrimeXBT is a sophisticated online trading platform that offers a range of financial instruments across multiple asset classes such as cryptocurrencies, forex foreign exchange, commodities, and stock indices. I would say yes, as PrimeXBT has been operating successfully for a number of years and is enjoyed by millions of traders worldwide with thousands of positive reviews, but how „legit” can a broker be without licensing or regulation. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders.

Drawbacks of the Fee Reduction Bonus:

Email login notifications can be disabled from your account Settings menu. It doesn’t support direct bank or credit card deposits. This means that they can make money on a fall in the price of the asset. EToro stands out in the crowd for its copy trading feature. Traders Union TradersUnion. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. Learn more about Baksta’s Legal Terms. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Enjoy the convenience of trading anytime and anywhere with us. Get dialed in every Tuesday and Friday with quick updates on the world of crypto. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. Trading on the Cryptocurrency market is no different, even if you’re facing a bull run in the price of an asset. I want to be a members member. Without KYC you will not be able to deposit from bank cards. 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. Make sure to check out our Stop Loss and Take Profit video tutorial: fRyzHkO3VY.

What are funding rates in Crypto Futures trading?

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. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. This symbiotic relationship creates a win win scenario – strategy managers earn a percentage of the profits made by their followers, while followers enjoy passive profits without the need for hands on trading. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. Our website uses cookies. Only for verified users. How To Set Up Your PrimeXBT Account. It’s important to consider this fee when planning to withdraw funds. Agree and Join LinkedIn. This module was in Early Access phase for a while but now it can be used by all registered users, assuming that’s your cup of tea. Another way to contact them is via Telegram or Twitter. Both PrimeXBT and Zengo provide users with the ability to buy and trade crypto assets. PrimeXBT charged me a withdrawal fee of 0. We have developed a unique personal charting package which provides a large array of professional charting tools and instruments, which also allows us to update and improve it in accordance with the needs and wishes of traders. These are hosted on AWS web servers which are known to be one of the best in the industry. After an unprecedented rise of over 11,000% in 2021, Solana faced a severe decline during the 2022 crypto winter, with its price plummeting from a peak of $260 to below $10 by mid 2022. We added new features, reached new audiences, and added more tools and abilities to our powerful trading platform. Do not stray conversation far from the post you’re commenting in. But, the transparency of this process raises questions.

4 5

Chua is also an educator at heart who developed her own proprietary trading curriculum to pass her knowledge down to a new generation of analysts. This section will provide practical tips for using leverage on PrimeXBT, helping traders optimize their strategies and manage risks effectively. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. The required margin can be as low as 1% for a 100:1 leverage ratio. Learn more about Baksta’s Legal Terms. The exchange continues to grow globally, with services available in multiple regions, but some restrictions apply to specific countries. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. The price of Cardano in the ICO was $ 0. The crypto space is still new, which drives this volatility. By Matthew Hayward, Senior Market Analyst at PrimeXBT. Consider these factors to decide if PrimeXBT aligns with your trading needs. It helps them make better decisions by looking at market trends and patterns. Zengo makes use of state of the art Multi Party Computation MPC technology, a robust Web3 firewall, and a smart recovery mechanism to make sure that your cryptocurrencies and NFTs are kept secure and in your control at all times. Traders should understand the impact of leverage ratios on their potential profits, losses, and liquidation risk.

4 8

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. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. Experience competitive spread fees starting at 0. With its global reach, it’s available in over 150 countries. The ability to sign up without KYC or ID verification appeals to those who value privacy. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. In this scenario, you’d experience a loss of $500 excluding fees. However, the exchange still has many security features to keep trader accounts and funds safe. Account options vary, providing flexibility and catering to different trading strategies and risk appetites. In the cryptocurrency futures trading section, 31 assets are available: the earliest blockchain assets Bitcoin BTCUSD, Litecoin LTC and Dogecoin DOGEUSD, large cap altcoin giants Solana SOLUSD, Cardano ADAUSD, Chainlink LINKUSD, GameFi tokens The Sandbox SANDUSD and Axie Infinity AXS, and so on. It aims to prevent the use of cryptocurrencies for money laundering, tax evasion, and financing illegal activities. You can still continue to trade, as long as it doesn`t exceed the amount of the bonus. 300–600 BTC: 25% discount. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. IT Services and IT Consulting. Learn more about Baksta’s Legal Terms. Additionally, BitMEX provides extensive educational resources such as tutorials, webinars, and articles to help users learn about trading and the platform’s features. Visit PrimeXBT Platform and get 35% on Your First Deposit.

Trading Bots

Opening a Cryptocurrency account takes only a few clicks and usually some personal information such as email address. Generous bonuses with stricter wagering requirements. However, users can also open ETH, USDT, USDC, and USD accounts. Once your document has been uploaded, you will be redirected to the ‘Settings’ page. Before you start using leverage in your trading, there are a few tips that you may want to take to heart before risking any of your hard earned capital. Returns or profits may be subject to capital gains tax. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. It’s a direct supply and demand indicator of the exchange. Prime XBT Trading Services, S. If crypto copy trading is something you are interested in, Gate. Shorting Bitcoin on PrimeXBT is possible thanks to the contract for difference market that enables price speculation without physical asset ownership. Its liquidity and accessibility make it a preferred choice for DeFi enthusiasts. This is PrimeXBT’s biggest weakness. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Perfect Money is an online financial service enabling instant payments and secure money transfers, ideal for PrimeXBT traders to fund their accounts with fiat currency. However, both platforms have taken measures to ensure the security and integrity of their networks. Direct Crypto deposits from your personal crypto wallets to your PrimeXBT wallets. Speculation from crypto analysts and industry experts suggests that Bitcoin’s long term value could reach over $100,000 to as much as one million dollars per BTC in the future. However, due to the harsh regulatory requirements in the US, Bybit does not serve US residents. You can select between Volet and Perfect Money, but you will need to select your currency and country in order to view all available withdrawal methods.

Profit off the First Ever AI Powered Casino 💰

Scan this code to download app. 11 in 2026, which is a 309. The vast majority of blockchains, excluding privacy coins, are public. On the Internet, we have not found any feedback from clients who faced hacking of the platform and loss of their funds. It is worth noting that Perfect Money charges the 1. FSCA Regulated SAFCA Regulated UKASIC Regulated AUSCySec Regulated Cyprus. Overnight financing charges, often called swaps, are dynamic with the broker and may change from day to day. PrimeXBT Trading Services, S. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. To qualify for bonuses on PrimeXBT, users must meet certain criteria, such as having a verified account, making a minimum deposit, and entering the necessary promo codes. PrimeXBT also offers a lower flat fee schedule, but both exchanges offer the option of advanced charting and crypto to crypto trading pairs using Coinbase’s Coinbase Pro product and PrimeXBT’s online and mobile platform. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Coin Bureau readers who sign up to PrimeXBT can receive a 35% bonus if they sign up with our sign up link. As I have already written it’s not easy for beginner, but I realize that I’m becoming more professional trader. While this doesn’t seem very impressive, the number of traders looking for Bitcoin futures is constantly increasing. PrimeXBT offers membership plans that provide additional benefits for both followers and strategy providers. For example, if you have $10,000 worth of crypto in a position, you may wish to tell the broker to exit half of that if a specific price is hit. PrimeXBT is a perfect match for copy traders.

Creatives

These steps can help resolve most common withdrawal issues, ensuring a smoother process. Benefit from zero commission and spreads as low as 0. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Gold is an established and mature market for investable assets. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Easily buy Crypto with Visa or Mastercard. Plus, PrimeXBT supports multiple currencies, so you can trade using the currency you’re most familiar with, just like shopping with your preferred payment method. This is a standard feature on almost all trading platforms. Go to the pool of traders and choose one or more traders whose strategies suit your needs3. Those phases of counter trend moves are called price corrections and can be measured with Fibonacci levels or determined using tools like channels and trendlines. Volet deposits are free, while Perfect Money charges a 1. An update dubbed EIP 1559 should theoretically cause ETH supply to be much scarcer over time. There are several strategies traders can employ to minimize trading fees on PrimeXBT. 0 wants to provide developers and users with straightforward functionality that eliminates the requirement for familiarity with complex underlying protocols and system boundaries. It magnifies both potential profits and losses. When crypto lacks momentum or its characteristic volatility, traders can access other markets that trend at different times and intensities. PrimeXBT executes orders in under 7. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. OpenPeer is a decentralized peer to peer exchange built on EVM networks like Ethereum, Binance Smart Chain, and Polygon. Alternative Payment Methods. PrimeXBT offers CFDs in forex, cryptocurrencies, commodities, and indices. 00 however the cost in fees was in excess of $116. Margin will increase your purchasing power but also exposes you to additional risks if they are not taken into account. Instead, we had to sift through the responses to find the specific topic we were looking for, which was rather annoying. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. It takes just a few minutes to get started. Through its partnership with Covesting, PrimeXBT’s Covesting module allows traders to automatically mirror the trades of successful strategy managers on the platform. CLICK HERE, TO GET STARTED WITH PRIMEXBT WITH $1000 SIGNUP BONUS FROM THIS LINK NOW. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition.

Open free account

Trading instruments are a bit more exotic as these contracts can have a variety of conditions attached to them. Partners in these regions should review the platform’s terms and conditions to understand any limitations that may apply. Scan this code to download app. If you want to trade cryptocurrencies, you need to use the following tips. Best regards,The PrimeXBT Team. The minimum deposit is 0. Slippage is the difference between the expected price, and the actual execution price of a market order. Benefit from low Maker/Taker fees and flexible funding rates. In his current role, Mr. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. Returns or profits may be subject to capital gains tax. Returns or profits may be subject to capital gains tax. Prime XBT Trading Services, S. Upfront fees and charges are more suited than hidden charges that may materialize throughout trading and reduce customer satisfaction. In the next section, we will explore the specific countries where PrimeXBT is supported. Users just have to go and create their own strategies to earn the rewards of copy trading from the profits of their followers. Choosing between a spot platform and a derivatives platform is just one of the many factors that go into choosing the best cryptocurrency trading platform. Aptos Network Partners with Nillion to Enhance Privacy for Decentralized Applications. When it comes to KYC, MEXC does have KYC, but it isn’t mandatory. While it enhances your trading capacity, it cannot be withdrawn. The FAQ page provides some legitimately useful information to help confused users navigate the Covesting platform. These products are not suitable for all investors. ” will probably be answered in 2024. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC.