Customer Reviews and Ratings

It serves clients in over 150 countries and has over 100 trading assets available. This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions. PrimeXBT also has trading limits. OKEx: OKEx is yet another popular and reliable exchange with a powerful API. Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. That being said, it should be noted that not every pair can reach this level. Yes, it will come down to your position sizing and how much leverage you choose to use. Limit orders are instructions given to the broker on behalf of the trader to execute a trade under certain circumstances. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Orders sub section allows you to manage and track all of your pending orders, as well as place, remove and adjust Stop Loss and Take Profit protection orders attached to your positions. Traders can manage positions utilizing the stop loss and take profit options. KYC not only ensures that client funds are secure but also that they are not being used for illegal activities. Thank you for choosing PrimeXBT. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. In this guide, we’ll explore cryptocurrency arbitrage and how it works. It’s great to hear that you recognize the broad range of trading options we offer, including both crypto futures and traditional CFDs with competitive spreads. The PrimeXBT team is committed to 24/7 customer service. Be super vigilant of recovery scams to avoid falling prey twice in a row. For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website. Despite these limitations, there are zero trade fees for asset swaps via the Exchange. Please choose report type. The BrokerChooser team thoroughly evaluates more than 100 brokers globally, focusing on key factors like regulatory compliance, financial stability, quality of customer service, and operational transparency. This is a kinda versatile trading platform. “, “should I buy Dogecoin.

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Our platform earns commissions through partnerships and sponsors, which is how we support our analyst. Make the best use of PrimeXBT promo codes in Germany to tailor your trading activities to your own preferences and financial objectives. The multiplicity of projects built around the Ethereum smart contract system, and the variety of niches they comprise electricity solutions, health care, local and corporate businesses, etc, open doors to never seen before changes society has been in need of for so long. These days, it’s likely that most analyst you run into will suggest that Litecoin is going to go higher in the future, but just how high is a subject for significant debate. Traders can visualise trends, spot support/resistance zones, and identify patterns faster to find more opportunities. PrimeXBT awards prizes for virtual trading contests. This development promises to bring more stability, liquidity, and mainstream acceptance to the Crypto space. Vincent and the Grenadines to offer its products and services. While the futures sector may feel niche to some beginners, the reality is that it makes up a sizeable chunk of the industry. Disclosure: To ensure our site’s review data always stays free and running up to date, sometimes we might receive a small commission if the reader purchases through our site links, at zero additional cost. Limits on trading pairs minimum trade sizes and maximum risk/exposure can be found here for each pair. This is why it is crucial to have as much negative balance protection as possible. Additionally, users can deposit and withdraw US dollars. However, Solana has since staged an incredible turnaround with a significant surge of over 1000% in 2023 and becoming a stand out in the altcoin market. Upon registering, you can make a Crypto or Fiat deposit or purchase Crypto with a credit/debit card or bank transfer to begin trading. The safest way to buy Bitcoin is to use a regulated broker and to have enough free margin in your account to withstand negative price fluctuations. Blackbull Markets is a trustworthy and established Forex and CFD Broker with a trust score of 90 out of 100. The reader is fully responsible for any investment decisions they make. Registering an account to start trading on PrimeXBT takes just a few minutes.

PrimeXBT Trading Platform

For https://primexbt-live.com/app/ residents located in these countries or traders who prefer spot trading which is more common, I recommend checking out our OKX review and Binance Review. The price of 0x is projected to range from a low of around $0. Best regards,The PrimeXBT Team. In full transparency and honesty, I have never been a big fan of the too many offshore and unregulated exchanges that are out there as so many of them can be quite dodgy. It is not possible to withdraw to your bank account. PrimeXBT is known for its advanced trading tools and leverage options, making it a preferred choice for experienced traders. Build skills and confidence before trading with real capital. To seize this exclusive welcome bonus offer. Chart features include.

Customer Reviews

This can be appealing if you believe the price of the Crypto will rise. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Date of experience: May 28, 2024. Of course, nobody is going to lend us funds for free, so we need to provide collateral in the form of margin. This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions. This includes extra reports, trading bots and exclusive chat access. Roulette options include European, American, and unique games like Multi Wheel Roulette. Generally, the thing that takes up the most time for customer support staff is KYC verifications. How to Trade forexHow to trade CryptoBest Time to TradeHow to succeed as a trader Is forex trading legal in Namibia. The exchange offers a user friendly app that is compatible with Android and iOS devices. PrimeXBT Turbo provides a new, revolutionary way to profit from cryptocurrency markets, introducing a simplified system of creating trades, and providing a wide range of benefits that allows traders to maximise profits.

How can I monitor the performance of the strategy managers I follow?

Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. With only four customer reviews on Trustpilot, its overall score of 3. Many traders are actively seeking alternatives to platforms such as BitMEX and Bybit. We’re here to support your continued success and ensure your trading experience with us remains top notch. Last but not least, in order to make the trading experience even more seamless, PrimeXBT introduced a price charts dashboard. As a result, Bybit can offer lower fees to loyal customers. IT Services and IT Consulting. You will find plenty of service providers who don’t offer your preferred method of payment and this might result in you having to make accommodations for the online service. To engage in leveraged crypto trading options, traders must fund their margin trading accounts in specific digital currencies like BTC, ETH, USDT, and USDC and maintain enough free margin to cover potential negative price fluctuations. The rapid proliferation of new technologies, products, and related services has spurred incredible innovation and inclusion in the world of finance, but it has also created new avenues for criminals and terrorists to launder their proceeds or fund illicit financial activities. We would suggest you use the web app as the first port of call and leave the mobile app for monitoring open positions and having to perform on the go trade maintenance.

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Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors. That loan is made available by your broker and requires collateral, which is called a margin, in trading circles. LinkedIn and 3rd parties use essential and non essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads including professional and job ads on and off LinkedIn. There are other widgets that you can add, such as order history, order books, alerts, symbol library, account widgets, statement widgets, and many others. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. Putting one copy trading platform up against another is a straightforward and simple comparison. PrimeXBT supports the trading of Crypto Fiat trade pairings. PrimeXBT has further helped users pick their ideal trader to copy by creating a Wall of Fame. A revolutionary trading platform that features the most extensive trading toolset in the market. In other markets, this is not as big of a difference, but most of the time that markets are falling, it is generally due to fear, which quite often will show massive momentum. Trade anytime, anywhere, and stay connected to the markets that matter most to you. 58 per coin in one single year but then dropped 99% because of how strong the move was. COV staking on PrimeXBT offers benefits for users who participate in the Covesting modules: followers of copy trading strategies, strategy managers, and users of the PrimeXBT Yield accounts. Interestingly, you don’t have to leave the site. For Crypto traders focused on these hot Altcoins, PrimeXBT is now the go to Futures destination. This prevents you from overextending yourself on riskier altcoins. If you’re just getting started with crypto, you’ll want an easy and reliable way to purchase tokens like BTC. The platform caters to a diverse audience, ranging from novice traders to seasoned veterans. Masternodes serve as a method for earning income in certain blockchain networks. Market orders are executed instantly at the current market price, while limit orders allow you to set a specific price for the trade. The website is translated into 16 languages, is well organized and with enough information to get you started. There are four available order types. Solana could reach the $70 level in that scenario. Select Accept to consent or Reject to decline non essential cookies for this use. PrimeXBT supports direct crypto deposits with varying processing times: Bitcoin network transactions average 40 minutes, ETH and ERC 20 tokens about 4 minutes, and BEP 20 BSC blockchain and TRC 20 TRON blockchain tokens approximately 1 minute.

How many XLM coins are left?

A free practice account is offered through the PrimeXBT Contests platform. We noticed that the platform lacks TradingView support and instead relies on an in house charting system. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. By understanding the most important aspects of the markets, you can succeed over the long term. Given that the crypto market is highly volatile, it is most likely that the price will fall after a given time. We’ll delve deeper into these implications in the next section. Check out these trading options. Seasoned traders also have the opportunity to share their strategies through ‘Copy Trading My Strategies’, earning up to a 20% profit share. Na maioria dos instrumentos convencionais, não há comissão de negociação, enquanto no caso das criptomoedas ela chega a 0,05%. A single contract’s size varies depending on the underlying asset being traded and is typically modeled after how that asset is exchanged on the open market. PrimeXBT boasts a range of security features to provide the safest environment for traders and their funds. Up to 100x in all cryptocurrency pairs. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. It’s designed to simplify the trading process by allowing you to leverage the expertise of experienced traders, eliminating the stress and emotional challenges like FOMO that often come with manual trading. Thanks for your high score, PrimeXBT appreciates your opinion and feedback. 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. This limited time offer starts on February 12th and ends on February 18th. 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. Users can deposit, withdraw, exchange, and transfer Crypto. Therefore, PrimeXBT stresses the significance of employing meticulous risk management strategies. 0005 BTC for Bitcoin withdrawals. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. In summary, Tony “The Bull” Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. While there are a huge amount of potentially market moving events that can fall under the umbrella of “fundamental analysis”, there are certain ones that are much more important than others. In conclusion, PrimeXBT stands out as a powerful and versatile trading platform for traders of all levels 🌐. First of all, we need to recognize you as our customer, for this purpose you can contact our support team:. Bybit claims that 100% of customer funds are kept in a cold storage air gapped environment, and the only funds exposed to hot wallets for customer withdrawals are the company’s own funds. What is the minimum deposit at PrimeXBT.

Unrecognized or Partially Recognized Jurisdictions:

PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. Also, the platform lets you control whether you want to receive email notifications once someone signs into your account or your position is liquidated. It should also have risk management tools and be personalised to your needs as a trader. Aside from trading fees, PrimeXBT also imposes an overnight financing charge, commonly known as a swap fee. These can be swapped for 350+ crypto assets through the spot, margin, and derivatives markets via 500 trading pairs. Back in August, PrimeXBT launched its Covesting Copy Trading Platform to the public. The coin captured the imagination of traders in 2021, running very hot, right along with the rest of the crypto bubble. This way, you can directly converse with the support team without visiting a sister website or leaving the trading terminal and have your questions sorted in real time. PrimeXBT is a trading platform and cryptocurrency exchange supporting major stock indices, commodities, and foreign currencies. A trading fee is incurred any time a position is opened or closed as a percentage of the transaction amount as shown below. 🚀 Website: Dive into PrimeXBT’s core info and updates. These can exist as “hot wallets” or web based wallets that are in some way connected to the internet, or as “cold storage” wallets that are locked away from the internet in some fashion. Starting off, let’s take a look at all of the available markets on PrimeXBT, as this is definitely a unique feature that’s different from most cryptocurrency exchanges. However, if you were to use margin and trade those 800 shares, half of which you paid for with borrowed funds, your gain would be $4000, or a 40% profit. In the Cryptocurrency Service category. In terms of market cap, Stellar is currently ranked 1 in the Stellar Network sector and ranked 21 in the Layer 1 sector. You are solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdictions in which You may be liable to pay tax. One popular signal in Ichimoku is the Tenkan Sen red and Kinjun Sen blue lines. It’s also important to do a thorough cryptocurrency exchange fee comparison. Oftentimes these scams can be quite believable, so we recommend caution. If the trader was doing business in a cash account, it would require a full $10,000 deposit.

Crypto Withdrawals

Even though LTC has a lot less hash power in their network, when compared to BTC, a coordinated attack is still nearly impossible. Be sure to read the terms and conditions to understand acceptable promotional practices. Bitcoin options trading is a popular and growing category of crypto derivatives contracts. PrimeXBT’s excellent reputation is built on a spotless cybersecurity track record. Brokers offer such a broker bonus to new traders in an effort to draw in more customers in addition to encouraging trading activities. Additionally, XRP has a finite number of coins, unlike some other cryptocurrencies, where tokens are constantly being created and mined. PrimeXBT is entirely encrypted with SSL encryption. This is active and manned 24/7. Large cap markets come with leverage limits of up to 100x. Headquarters: Switzerland. What are Tokenized Real World Assets RWAs. By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. For illustration purposes, we open a long position. 0001% for forex trading, but they change depending on what you’re trading. The difference between the buying and selling price determines the profit of the trade. With its global reach, it’s available in over 150 countries. Now, when Bitcoin’s price is stable, it is a perfect time to trade small movements with larger leverage. It is worth mentioning that PrimeXBT likes to highlight that their whole system is powered by Amazon’s own AWS servers. PrimeXBT will automatically close out the open positions in the negative as they need to manage the risk that they have on their books, resulting in lost funds for the trader. Best regards,The PrimeXBT Team. Bitcoin Should be Banned in the United States: Charlie Munger. 10% of the total exposure of your trade, which is £400. You’ll find that the commission rates are competitive and come in starting from 0. PrimeXBT does not accept clients from Restricted Jurisdictions as indicated in our website. Price Spread or Bid Ask spread is the difference between the Bid and the Ask price of an asset. For instance, if a trader starts getting onto a winning run and is making profitable trade after profitable trade, they might be more inclined to be a little risky when it comes to the next trade. To access Charts, go to the Multi Product dropdown menu and select ‘Analysis’.

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In addition to the high performance trading engine and capabilities of the platform, PrimeXBT offers traders the ability to use up to 100X leverage. Create price alerts for stocks and crypto. Telephone number:010 449 4445. The wide range of coverage PrimeXBT offers is what makes this so popular. Bitcompare does not look at or list all companies or products on the market. Privacy Policy Terms of Use. For those who do not pre own PrimeXBT Crypto, PrimeXBT allows users to acquire Crypto with credit/debit cards. The broker does not interfere with trading, everything is always fast. There is also a profile rundown of how many followers are currently copying that strategy, a chart showing their performance, and a rating system. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies.

Worse

The platform has provided the option to add a range of different widgets for trades. Take profit and stop loss orders can help you to execute your trading strategy accordingly. Don’t overload capital upfront:When evaluating new providers, start by allocating minimal capital. The main differences lie in their target audiences and product offerings. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. This is also one of our main review criteria when it comes to grading an exchange. The knowledge that the economy, and the markets, will recover is almost universally felt, the time it takes and how well it recovers is another thing, but for many traders this represents a perfect time to enter the market and take advantage of the probable upswing in the coming months, if not years. Upon registering, you can make a Crypto or Fiat deposit or purchase Crypto with a credit/debit card or bank transfer to begin trading. PrimeXBT copy trading cons. The loan comes with interest, and in this case, it is calculated on an annual interest rate for the life of the loan. The registration process is quick, requiring only basic information. There is no account fee, and the trading fee is 0. PrimeXBT provides 24/7 customer support through live chat, typically responding to queries within 2 minutes. 618 worked as a way to find price targets in BTCUSD. These five Cryptocurrencies top the list of assets by market cap and are far reliable investments with better long term profit potential. All of these items show that Chainlink is robust enough to continue climbing into the future, but to what extent and magnitude. 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. We continually assess our fee structure to ensure it remains competitive while providing high quality services. Occasionally, PrimeXBT users may face an issue where, despite a successful deposit transaction, the funds do not appear in their account. Its Covesting module, which shows top traders, their funds, and returns, allows anyone to invest in other traders and start an investment fund.

Full Name

Overall, we can say that the unique approach, security safeguards, and customer focused services offered by PrimeXBT make it an attractive alternative for Namibian traders looking for chances in the financial markets. A FAQ section is available on the PrimeXBT website and is well stocked with articles that provide insights into common issues customers may have. Partnering with PrimeXBT offers various benefits, including financial benefits like custom payouts for high value partners and the ability to earn CPA from deposits as low as $1. They caution against expecting a substantial influx of new capital into the Crypto market, arguing instead that existing capital may simply shift from other Bitcoin investments into the newly approved spot Bitcoin ETFs. This would let someone start trading with nothing more than referral funds they generated. PrimeXBT stands out in crypto for its simplicity and versatility. Dear Alex,Thank you for sharing your positive experience and for utilizing the analytics from our blog to inform your trading decisions on PrimeXBT. Ready to explore the future of trading. The customizable trading interface has advanced trading tools and over 50 technical indicators. You also have pretty extensive order options which is more than we have seen on other trading mobile apps. Breaking the $1 barrier could be very significant for XLM.

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Those who don’t have one already, will need to create a PrimeXBT. PrimeXBT provides wallets for BTC, COV, ETH, USDC, USDT, and US dollars. The prices of commodities BRENT, CRUDE, and NAT. Moreover, the fee changes based on the network, such as withdrawing USDT will cost you 10 USDT as an ERC 20 token and 0. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. We noted that the search function was unable to provide us with direct answers. Visit our Help Centre. Because of this, there are two main ways that the average trader will access the currency markets, by trading the CFD markets or using a Forex broker. This happens both due to increased risk appetite and more profits to go around. The 10% left is a commission for the platform itself. While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. Contracts for Difference CFDs: Users can gain exposure to Commodities and Indices through Contracts for Difference. Following news that investment behemoth Franklin Templeton Investments have also filed a spot BTC ETF application last week, sentiment in crypto markets improved dramatically, as market watchers grew more confident that the approval would eventually be obtained by at least one, if not several, of the Wall Street giants. The bonus will remain valid for two weeks, giving you plenty of time to explore their trading platform. 0005 BTC fee, whereas the other withdrawal crypto fees will vary according to what network you are using. However, after over 3 months of prep time, it appears the Shanghai rollout isn’t going as smoothly as expected.