Installing / Getting started

Learn more about Baksta’s Legal Terms. These projections are based on factors such as increased adoption, potential regulatory clarity, and overall market growth. PrimeXBT allows you to buy and sell cryptocurrencies on margin with very attractive leverage ratios. Access to PrimeXBT services does not necessarily mean that client activities through the service are legal under local laws, regulations, or directives associated with a client’s country of residence; therefore, it is crucial for every client to consult with legal and tax advisors in their region regarding eligibility to utilize such services. The simple pressing of a button allows the trader to get in or out of the market, while all of the financial calculations are done “under the hood. 💰 Cold storage secures all customer assets, with manual daily withdrawals and thorough risk assessments, prioritizing fund security over transaction speed. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. PrimeXBT saves you major hassle by integrating charting from the industry leader TradingView directly into its platform UI.

Funding and Withdrawal Options

We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Transfers between hot and cold wallets use multi signatures, which reduces the risk of a single point of failure. 25%, with additional features like high leverage trading and a demo account for practicing trades with virtual funds. In 2020, the company won the award for best bitcoin Margin Trading by ADVFN International Financial Awards. It offers up to 100x leverage for crypto and 1000x for Forex, making it great for different trading styles. Learn more about Baksta’s Legal Terms. I closes the position and take the profit. 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. The main advantages of using the PrimeXBT application. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. PrimeXBT offers this bonus: A 50% discount code for all trading commissions that you may receive over the course of 15 days. No representation or warranty is given as to the accuracy or completeness of the information provided. This is to verify a customer’s identity and minimise their risk of being defrauded or their funds being used or originating from illegal activities. I found the KYC process to be straightforward, with my account being verified instantly. The PrimeXBT summary also highlights its competitive fees. There is also leverage, which allows you to trade in much larger position sizes than the underlying cash in your account offers. 7 million just in Success Fees. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. There is a bit of a learning curve, but it is open and available to all, even with no experience. In 2020, it was the subject of a TikTok trend where users attempted to pump and dump the price of DOGE Coin. In order to service their current payments and withdrawals, they will also need to run a “hot wallet,” but only a limited number of coins are kept in this state. This necessitates robust risk management systems, increased capital holdings, and a more sophisticated infrastructure by exchanges, leading to higher operational costs. So, is PrimeXBT the exchange for you.

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Best regards,The PrimeXBT www primexbt com Team. Users can trade with confidence knowing that their transactions have been thoroughly vetted and verified. Robinson is also a member of the Young President Organization YPO, NextGen network of executives and the Council of Urban Professionals CUPA. Key factors that influence this performance include execution efficiency and order fulfillment, leverage and margin capabilities, and the unique feature of copy trading, part of the Covesting module. Coinbase is a cryptocurrency broker based in United States that launched its service in and offers individuals to buy and sell more than 66 cryptocurrencies. Whether you’re just getting started or looking to refine your strategies, these resources are an absolute game changer. The time it takes for a deposit to be processed and appear in a PrimeXBT account largely depends on the blockchain network used for the deposit. Markets can and will do anything they want to. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. Additionally, taking advantage of leverage can be an effective way to amplify your gains on Primexbt. Unlike in the traditional fiat system, cryptocurrencies are decentralised. Active users across the world. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Market research: PrimeXBT offers weekly market research, providing traders with access to in depth market analysis. Scan the QR code with your device’s camera and get APK file. While Chainlink has promising technology and use cases, it’s crucial to conduct in depth research and consult with a financial advisor before making any investment decisions. However, if you are trading small positions, then it becomes much less dangerous. If a trader believes that the price of Bitcoin will fall, he or she could short sell the asset go short at a higher price, and cover the position at a lower price. Very low spreads with low commissions. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Prime XBT Trading Services, S.

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In order to provide the best viewing experience, our site uses cookies. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. Opening a trading account typically requires some personal information, such as a full name, email address, personal address, and much more. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Donate : We run this project for the benefit of the cryptocommunity on a small budget. $20,000 or equivalent for unverified users. Efficient order execution is a critical aspect of any trading platform. Open the downloaded file and tap Install to complete the installation. Despite this, PrimeXBT still comes out more expensive than other platforms, where you can get a cheaper credit card fee of 2% on Binance and Crypto. Over the years, PrimeXBT has expanded its offerings to include traditional financial instruments like forex, commodities, and stock indices, further broadening its appeal. However, when you trade at PrimeXBT, you do not incur many of these fees as the markets that we offer highly liquid assets that are not based upon single stocks. All users will benefit from being able to trade different kinds of assets including cryptos and major stock indices. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. PrimeXBT is a perfect match for copy traders. PrimeXBT is a perfect match for copy traders. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. PrimeXBT offices are registered in Seychelles and Saint Vincent and Grenadines and this broker does not hold any regulatory licenses. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. PrimeXBT does not charge a deposit fee. That being said, traders also have the ability and the CFD markets to trade other sizes instead of a standardized futures contract. The platform, however, lets you fund the trading account with Bitcoin only. There have been no reported hacks or security breaches in the exchange’s history. WorthEPenny now has 29 active PrimeXBT offers for Dec 2024.

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There’s like 10 services that track the transactions here. Products crypto futures commissions●Products CFD Commissions. Select Accept to consent or Reject to decline non essential cookies for this use. I use it for self study. Understanding how to calculate both gains and losses will be crucial. Zengo, being a non custodial wallet, provides you with total control over your assets. In 2019, Litecoin experienced its strongest year in recent times, fueled by its halving event. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Please feel free to contact us directly at , and we’ll ensure your concerns are reviewed thoroughly. Any platform should also have several additional features, such as a free mobile applications, address whitelisting, two factor authentication, and much more. In order to service their current payments and withdrawals, they will also need to run a “hot wallet,” but only a limited number of coins are kept in this state. ” – This applies not just to superheroes but to leveraging in trading as well. Cryptocurrency trading has become highly popular over the past year. Affiliate partners receive payouts of up to 50% of trading fees paid by their referrals. By offering a range of account types, PrimeXBT accommodates diverse trading needs and preferences, ensuring a tailored experience for every user.

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I have screenshots as evidence. While this leverage is lower than other platforms, eToro compensates with unparalleled benefits, such as comprehensive regulation by FINRA, CySEC, FCA and ASIC. With high leverage options, it can be an ideal choice for those interested in crypto assets, commodities, and forex source. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Open the downloaded file and tap Install to complete the installation. Futures trading fees are at the lower end compared to other crypto exchanges, with a 0. This guide helps British users quickly understand and complete the necessary steps for account verification on PrimeXBT. This section will provide practical tips for using leverage on PrimeXBT, helping traders optimize their strategies and manage risks effectively. Dieser Bonus wird dem Eigenkapital Ihres Handelskontos hinzugefügt und kann als zusätzliche Sicherheit verwendet werden, um Positionen zu eröffnen. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. Here are our top two reasons. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The Ripple price prediction that they have published looks strong, but will be slow to get going. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. One of the simplest ways to take advantage of market opportunity is by copying the best traders.

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However, in this scenario, any extreme losses will be avoided. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. PrimeXBT gives up to 200x leverage on cryptos and more on other assets. Webinars and Competitions. Users have reported that PrimeXBT’s interface is user friendly, with a logical structure that makes navigation straightforward. The amount deposited will be maintained in your account. The first step in exploring a trading platform is signing up, and PrimeXBT keeps it simple with just an email, password, and agreement to the terms. These products are not suitable for all investors. PrimeXBT’s commitment to customer support and education ensures that users have access to the resources they need to succeed in trading. The service is easy to use and the learning curve is not steep. 0017 resistance, it could increase by 25%. He is the author of the highest rated Crypto Trading Journal on Amazon. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. As demand for Polkadot blockchain applications grows, Polkadot’s ability to handle a high volume of transactions without sacrificing security may position it favorably in the market.

Restricted Jurisdictions

The platform allows you to open accounts for trading cryptocurrency derivatives. So if you decide to sell and make 100 percent profit on your initial investment, you could be missing out on 200, 300, or even 3,000 percent profit if you held a little longer. Learn more about Baksta’s Legal Terms. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance and individual balances across trading, copy trading, and wallet accounts. More experienced traders can put their hands on less liquid coins as well. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. First, you’ll see your account area, with any bonuses allowed by regulation in your area and that you are eligible for. There are a lot of opportunities for trading and assets. Visit PrimeXBT to explore platform’s multiple trading assets, including up to 1000x leverage available for Forex. That’s why we offer some of the lowest fees on the market.

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Moreover, unlimited crypto trading and deposits exist, with up to 1 million in daily withdrawals without verification. Thanks again for your trust and for choosing PrimeXBT. Similar to Bitcoin, Litecoin is a digital currency that is expected to experience significant growth in the long term. PrimeXBT offers more than a simple trading engine – it provides an environment designed for client profitability. Here, users can also modify orders with a stop loss or take profit level, or close out their positions. The app also acts as a portal to our 24/7 live customer service and dedicated account managers. Beyond that, Cardano has made inroads into various emerging market economies, suggesting that it has a little bit of a different roadmap than Ethereum, as it is trying to serve the underbanked, which is a massive slice of the world’s population. There is also leverage, which allows you to trade in much larger position sizes than the underlying cash in your account offers. Shiba Inu was launched in August 2020 as a meme coin—and still sits at 2 in the meme coin rankings on CoinMarketCap. Below is a tabular overview of how will XRP develop in the short term for the next 90 days, according to our prediction model. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Returns or profits may be subject to capital gains tax. The platform allows you to deposit any amount that is sufficient to cover the required margin for your intended trades. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. Funding Rate F = Premium Index P + clampInterest Rate I Premium Index P, 0. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. Not only does this include offering traditional assets next to digital assets like Bitcoin, long and short positions, built in charting tools, and more, it now includes buying Bitcoin directly with a credit or debit card without ever having to leave the PrimeXBT platform for another website. Go to My Account and select the tournament you are interested in and click “Join”.

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There are some advantages to Dogecoin as well as some disadvantages. The second and final round of our Reduced Fees Giveaway has ended, and it’s time to announce our newest set. Direct bank account withdrawals are not typically supported on PrimeXBT as it is primarily a crypto based platform. In one scenario, the trader sees the stock price fall to the $22. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. However, a disadvantage is that there is no service to clients from the US and Canada, with no dedicated phone support. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT Trading Services, S. 📊 Will the selection favor crypto. CFDs let traders speculate on price action using long and short positions they can open and close at any time. Combined with technical indicators, these tools can help confirm signals or tip off traders when a trend changes. For more information, please see our Cookie Notice and our Privacy Policy. I cannot recommend PrimeXBT as a reliable option for crypto trading. PrimeXBT is a leading provider of leveraged cryptocurrency products that allow you to take full advantage of margin trading. In our opinion, the presence of a position holding fee makes intraday short term futures trading more profitable for PrimeXBT clients than medium term and long term transactions. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. This is a very strong range, which offers something for everybody. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. Here are the conditions for each level. SOLANA SOL/USD: Solana is showing signs of extending its short term rejection from the previously identified resistance zone, which aligns closely. All in all, the platform is unlike any in the market. It’s a great way for those new to online trading to learn how to invest without making some dumb rookie mistakes. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Para comprar y mantener, generalmente hago un pequeño análisis y leo algunas noticias, tal vez miro el volumen, etc. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. However, users can also open ETH, USDT, USDC, and USD accounts. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. The quickest way to get help from our dedicated support team is to send a message in the Live Chat.

Worse

The PrimeXBT Android app follows the same stylish look as the standard website but with an even easier to use interface designed for faster accessibility while on the go. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Next, we will explore the asset classes available on PrimeXBT. The platform supports various deposit methods, including cryptocurrencies, providing flexibility for users. All users will benefit from being able to trade different kinds of assets including cryptos and major stock indices. There is an extensive range of assets that you can trade there. Bittrex is a US based cryptocurrency exchange founded in 2014. Responsive support and this is what I needed when was calculating taker/maker fees. Bitcoin margin trading has helped inject institutional investors into the industry, which is a significant factor behind Prime XBT’s popularity. Advanced trading concepts can be confusing for beginners. Payments to partners are made in the same way as other withdrawals, i. At PrimeXBT we process Crypto withdrawals instantly. The ICO smart contracts were hacked, and 66% of the funds raised during the event were frozen. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. After opening your position, you will have a chance to multiply your investment by achieving a high return on investment ROI. The growth rate is quite high, as new coins are introduced every month. The no KYC setup was a breeze, and I appreciate the low fees. Slippage can also impact stop loss or limit orders, causing them to trigger at different prices then intended or occasionally not trigger at all. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. Started in 2018, it has fast become popular with the ease of use, features for advanced trading, and extended asset coverage. 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. Deposits in BTC only. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account.