PrimeXBT Review 2025: Complete Exchange Overview

Reply from PrimeXBT Copy Trading. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. Its spreads are average to high compared to the industry average, barring cryptocurrencies. The PrimeXBT team is committed to 24/7 customer service. By customizing leverage, traders can better align their risk exposure with their trading strategy and market conditions. DYdX is not available to residents in either country. It takes just a few minutes to get started. Public also acts as a micro investing app, allowing you to invest in fractional shares with as little as $1. Stay safe and abide by the rules peeps. These products are not suitable for all investors. Options may include popular cryptocurrencies like Bitcoin BTC, Ethereum ETH, USDT, and others, depending on the platform’s current offerings. Since its inception, PrimeXBT has focused on offering advanced trading solutions with a particular emphasis on high leverage, allowing traders to maximize their potential returns. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. It is anticipated that there will be more projects down the road. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. The sign up bonus is a great way for new users to enhance their trading experience and explore the platform with additional capital. I want to be a members member. For those traders who are more technical, they may prefer a broader range of order types and functionality. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Also, collateral/margin is used in Bitcoin. Brief Price History: Binance Coin first traded at under $1, but at the peak of the bull market in 2017 reached $16 per BNB. Both platforms also utilize multi signature authorization for withdrawals and the movement of funds, meaning one bad actor can’t swipe the funds without secondary signature authorization. Learn more about Baksta’s Legal Terms. PrimeXBT specializes in CFD trading, allowing traders to speculate on asset prices without owning them directly. Next, we will explore the factors that influence the overnight fee rates on PrimeXBT. While most exchanges in the US require KYC, a few options allow you to trade crypto without providing personal information. Experience seamless trading wherever you are with the PrimeXBT iOS app. Active users across the world. The time for shorting Litecoin is probably in the rearview mirror, although the price certainly can continue to fall.

🔒 Is PrimeXBT Safe? 🛡️

Withdrawal Crypto only. As a derivatives trading platform, PrimeXBT does not offer any spot markets. However, you are looking to profit off of the fall of an asset, it can only fall so far. This makes it a good choice for traders who want to diversify. We’re here to help you. Lack of Innovation: Dogecoin has not experienced much innovation in recent years, which could cause it to lag behind other cryptocurrencies in technological advancement. Pl Wszelkie prawa zastrzeżone. Throughout my testing, the app performed smoothly without any bugs or glitches. To download the PrimeXBT iOS app, open the App Store on your iPhone or iPad. Before putting any money to work in the Forex market, you should do some analysis. This website is owned by PrimeXBT PTY LTD. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. I asked the customer support team whether their platform has services where a certain manager will trade from my account for a specified commission. Brokers such as PrimeXBT actually automatically adjust your available balance and margin to prevent liquidation i. If you ever encounter any issues or have questions, please don’t hesitate to reach out to us at. Cryptocurrency related services in Prime XBT are offered by Lithuanian based company Baksta UAB, registered by the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Through these third parties, customers can buy BTC, ETH, USDT and USDC. Ripple XRP price prediction speculations also reacted positively, yet more conservative than expected. Nobody begins a road trip without first consulting a map. It should be noted that for much of late 2022, LTC outperformed many other crypto assets. Recently they’ve also started Copy trading Where you can choose and automatically copy the best performing traders and get same returns. Receive the latest news and stay informed. Complete your profile and submit identification documents for KYC verification. Date of experience: December 05, 2024. To set up 2FA, log in to your PrimeXBT account and navigate to the security settings. This PrimeXBT Crypto Futures review will complement our previous review, and should simply give you more info about the company than you had prior to reading. Our KYC/AML policies include industry standard financial monitoring procedures, enabling us to identify any activities that may necessitate additional CDD review. Its intuitiveness and simplicity provided a pleasant trading experience.

BingX

The main purpose of this primexbt review is to express the gratitude for ensuring such a contemporary trading platform. With the app in hand, you can trade global markets seamlessly, including cryptocurrencies, stock indices, commodities, and forex, all from the convenience of your mobile device. As soon as we have accurate deadlines, we will promptly update the information on this page. The platform allows you to open accounts for trading cryptocurrency derivatives. The year when the cryptocurrency exchange was established. Click Download and confirm the file download if you see a warning. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. It’s recommended to thoroughly read the terms provided on the PrimeXBT website to avoid any misunderstandings or issues. Perhaps it’s their number of followers, or profitability, risk level, the total amount of funds they manage or their return on investment. Account replenishment. Brand operating since. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. PrimeXBT lets users deposit crypto directly from their wallets. PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. If crypto copy trading is something you are interested in, Gate. This diversificationhelps smooth out performance swings and reduces risk. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. $20,000 or equivalent for unverified users. It is worth noting that Perfect Money charges the 1. Their monthly subscription is a reasonable fifty dollars or you can get a six month subscription for only two hundred dollars, which equates to a hundred dollar discount. ByGrace AshiruNovember 19, 2024, 8:47 pm. Deposits in BTC only. Scan this code to download app. PrimeXBT delivered a seamless trading experience. One of the platform’s attractive features is its competitive fee structure. PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. Information regarding past performance is not a reliable indicator of future performance.

Become part of our CommunityBecome part of our Community

PrimeXBT offers the following Leverage. It has often traded for pennies or less. Voor de langere termijn was de Cardano voorspelling van Wallet Investor meer bullish, met de voorspelling dat de gemiddelde prijs in 2022 zou kunnen beginnen op $1,5, klimmen naar $3,34 tegen het einde van 2022 en tegen het einde van 2026 $10,5 zou bereiken. If you open 100 BTC position while having only 1 BTC on your account, you will utilise 100% of all available margin, and of course you will likely to get an immediate margin call and a stop out. PrimeXBT is thrilled to announce that our community now exceeds 1 million registered users. Let’s say you’ve defined a trend following trading strategy in your trading plan. תהיה הראשון לדעת על ההצעות החדשות שלנו וההצעות הבלעדיות שלנו. 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. Are they actively engaging with those users, through things like promotions, giveaways, quizzes, and all the things that make social media attractive and fun. Overall, I concluded that PrimeXBT is a good choice for casual crypto traders. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. This is the default leverage for all crypto trade and cannot be manually chaneged.

What is Ripple XRP?

Bitcoin is an asset unlike anything else before it and is built on a futuristic distributed ledger technology called blockchain. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Warn notifications are used when PrimeXBT is undergoing anon critical issue like minor service issues, performance degradation,non core bugs, capacity issues, or problems affecting a small number ofusers. 0005 BTC for Bitcoin withdrawals. These products are not suitable for all investors. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. Only Gold and Silver have a leverage of 1:500. Investing in the Shiba Inu Crypto can be a great way to diversify your holdings. The file is verified secure by PrimeXBT.

Important news

PrimeXBT may impose trading or deposit and withdrawal limits on an account until the requested documents are provided and the CDD is completed. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. On top of that, Zengo lets you interact with a variety of Dapps while keeping you safe with its Web3 firewall. While the PrimeXBT team has no say over this charge, it remains a vital part of the blockchain network’s infrastructure for safe and fast transactions. CET via live chat, which is available from the bottom right corner of the main page. Scan this code to download app. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. As a derivatives trading platform, PrimeXBT does not offer any spot markets. This means your earning potential is enhanced with PrimeXBT. This is not an offer, solicitation of an offer, or advice to buy, hold or sell securities, or open a brokerage account in any jurisdiction where Public Investing is not registered. Those who struggle with the financing costs generally haven’t traded well, to begin with. Low tier regulators tend to offer the least comprehensive oversight of brokerage firms. Dogecoin also had the issue that it is one of many seemingly endless cryptos trying to grab your attention. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. These products are not suitable for all investors. Conversely, during downtrends, the price forms consecutive lower lows and lower highs. It is important to note that if a position is carried over into a new trading day or trading session, an overnight financing fee is applied. Otherwise it’s clear, easy to use, and looks good. Trading involves risk. In the Cryptocurrency Service category. PrimeXBT does not accept customers from countries such as: Japan, Canada, Cuba, United States, Israel, New Zealand, Syria, Iran, North Korea, Sudan, American Samoa, Russia, Myanmar, Outer Small Islands of the United States, St. This is quite common; as traders become more comfortable and skillful in trading markets, they will rely less and less on a copy trading strategy, eventually falling away from it. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. It offers lower fees compared to other platforms and allows for seamless trading experience. I found PrimeXBT’s trading accounts quite affordable, given that they have no actual deposit requirement $10 is the lowest possible deposit. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative.

Categories

Understanding the global reach of PrimeXBT is crucial for traders who wish to use the platform. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. The PrimeXBT platform has plenty of tools available to suit traders of most skill levels. Regulated by the authorities in Cyprus. Instead, it has a Withdrawal and Refund Policy that outlines the terms and conditions for withdrawals and refunds. Due to the concept of borrowing, you should consider that you are exposed to limitless losses. PrimeXBT, on the other hand, also offers major and minor forex pairs, global stock indices, energies such as crude oil, plus precious metals like gold and silver. MEXC is a global crypto exchange without mandatory KYC.

Risk warning

The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. PrimeXBT stands out with its wide range of assets. This is much different than most markets that you may be used to, such as futures or stock markets. As mentioned previously, you should choose the margin type that best fits your speculative trades or investments. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Your suggestion is invaluable, and we’ll certainly consider it as we plan future updates. Com coupons can vary. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount.

PrimeXBT Futures Trading Fee Structure

PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Simply put, US users will prefer Kraken for its regulatory compliance and strong track record. No, PrimeXBT is not regulated, which can be a concern for potential investors. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. PrimeXBT Trading Services, S. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. Trading fees are the primary costs associated with executing trades on PrimeXBT. This is because the market can be traded with margin, and PrimeXBT offers multiple markets beyond Ethereum. PrimeXBT provides traders with a user friendly web based trading platform and mobile app. Select the currency you want to deposit. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. PrimeXBT is a cryptocurrency exchange that offers leveraged trading for several digital assets, including Bitcoin, Ethereum, and Litecoin, among others. What is 2FA Authentication. PrimeXBT is a quality broker for Forex and cryptocurrency traders.

Year launched

0005 BTC for BTC withdrawals, 0. PrimeXBT offers a competitive trading fee ranging from 0. This development is expected to bring enhanced liquidity, stability, and investor confidence, not only benefiting Ethereum but also positively impacting other altcoins. Cryptocurrencies include Bitcoin, Litecoin, Ethereum, Tether, and others. Easy to use trading platform with constant support from professionals customer support manager. Here’s a quick overview. 90 per ETH, while Eth is priced at around $200. To overcome some of those issues, here are a few tips on how to trade Bitcoin the right way. And vice versa – stricter regulations or bans on Crypto trading in certain countries could have a negative effect on Shiba Inu’s price. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Always consider using lower leverage to manage risk effectively. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. One of its entities is also licensed and regulated as a crypto wallet. Polkadot is a blockchain project that was founded in 2016 and launched its mainnet in 2020. 5 million users across 180 countries. 📊 Standout Features: PrimeXBT offers proprietary copy trading, allowing beginners to follow successful traders’ strategies. Reply from PrimeXBT Copy Trading. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. This bonus provides an excellent opportunity for both beginners and experienced traders to enhance their trading experience. In terms of funding an account, there are no fees that are applied to inward payments. On top of that if you are working with crypto exchange,, then it’s probably impossible to trade currencies as well. It comes down to the individual trader as to how they enter the market, but it is quite common to wait for a daily close below one of these major levels to get short. Best regards,The PrimeXBT Team. Bybit and PrimeXBT are both crypto exchanges that put their focus on perpetual futures and margin trading. Security is also a priority, with most funds stored in cold wallets, two factor authentication for accounts, and mandatory whitelisting of Bitcoin withdrawal addresses to enhance security against unauthorized access. 💬 Had a few hiccups setting up trades, but they helped sort it out fast. Capturing the entire gamut of a company’s marketing efforts is thus not an easy thing to do. RELATED: Check out The Ascent’s CEX.

Admiralty International

PrimeXBT may at any time in its sole and absolute discretion, without notice or assigning any reason therefore, terminate a Promo campaign, or delete, vary, supplement, amend, restrict, withdraw, or modify any one or more of the Promo campaign rules and conditions, including without limitation, eligibility of any client. 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. As we have repeatedly demonstrated, we value the security of our platform and the safety and privacy of all users. Therefore, you need to learn the technicalities, terms used and how the entire sector works before you start trading. Unlimited via Perfect Money. Zengo stands out from the crowd as a leading crypto and NFT wallet, equipped with top notch security measures like Multi Party Computation MPC technology, a robust Web3 firewall, and advanced biometrics. 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. Yet this strong position of ETH among thousands of other digital currencies was not always like this. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. Bit2Me Champions WEMIX Token in Pioneering European Listing. 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. 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. Unlike its larger competitors, PrimeXBT does not offer P2P trading. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. There’s no one size fits all answer for the best leverage ratio in Cryptocurrency. ” Therefore, it was designed to be spent or used to exchange for goods and services, just like cash does. 01%, while on PrimeXBT, they were consistently over 0. Bitcoin started off its life virtually worthless, with a value of far less than a penny when the Bitcoin Core client code was released into the wild. Monitor and Execute Trades: Manage positions and execute trades on the go. You will receive an e mail with a confirmation code. Become a PrimeXBT Early Access user by providing your details at PrimeXBT Turbo.

Worse

It has been supervised by this regulatory body since the start of 2018. Our clients love how fast and simple our sign up is. In those cases, clearing the cache can help. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. Now that I move off and over to BYBIT I am now building my equity again. 12% of retail investor accounts lose money when trading CFDs. Super happy I found ’em. We, however, did not see it attain such a price during the 2021 bull run when Bitcoin was at $68,000 per coin in November. If you would prefer a more visual guide then PrimeXBT has included a number of video tutorials. Sign up FREE to receive our extended daily market update and coin analysis report. You can calculate how much interest you’ll pay or earn when keeping a position open overnight by using the formulas below. 😨 FUD is an acronym that stands for fear, uncertainty, and doubt. Having explored PrimeXBT’s legitimacy through its reputation, user feedback, and security protocols, you might be wondering about geographical restrictions. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Some security features include. If you ever encounter any issues or have questions, please don’t hesitate to reach out to us at. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. Trading contests are becoming very popular as skilled traders can compete for extra cash and prizes. We understand that KYC procedures can sometimes feel burdensome, but they are crucial for preventing fraud and protecting all our users. To begin trading, you must deposit any amount that would provide the needed margin for your transactions. Bitmex is the most professional and solid cryptocurrency trading platform, with only Coinbase coming close. To access Covesting Strategy Management for mobile devices, you must download the free PrimeXBT mobile app from the Apple App Store for iPhone or the Google Play Store for Android. Over 37 million ADA tokens—worth around $43 million—will be released into circulation, which is bound to shake up the market and influence ADA’s price movements. Visit our reviews page to learn more about user experiences. Slippage can occur for a number of reasons. 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 Forex market can move based upon a multitude of unforeseen factors, so testing a methodology is going to be crucial. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Launchpads are a fantastic way for retail traders to get early access to projects before they go public, a benefit that used to be reserved for VC firms, or those with deep pockets and friends in high places. The price of Bitcoin is highly volatile and can fluctuate significantly in short periods.

Worse

The simulator account allows users to test the brand’s suite of tools and assets without risking real funds. We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC 50%; 35% in a basket of big cap coins and the rest in small projects with huge upside. Top of the book ASK quotes are reflected as a green indicator on the price range field of the chart. Once you know how and when you want to trade you’ve defined your trading plan, haven’t you. As a general rule, currency pairs to have the widest spreads tend to be the ones that move the most. So, will the price of bitcoin cash go up. In a flash, though, gains were wiped out, and the coin crashed back down to around $80 at its low point. The effort of sifting through and finding the right one can be a daunting task. Learn more about Baksta’s Legal Terms. PrimeXBT charges no fees on deposits. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. The PrimeXBT iOS app is equipped with a variety of features that make it a powerful tool for traders. This can increase both wins and losses. Below are the commission rates. Investing in PrimeXBT offers a unique opportunity to engage with a wide range of financial instruments, including cryptocurrencies, forex, commodities, and indices. The information is provided by CryptoAffiliate and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. If the app is unavailable in your region, you can still access it through direct download from our site. Other countries prohibit foreign currency trading for reasons best known to them.

Start Copying Now!

They have developed their own trading technology, making the platform robust with plenty of key features. Go to Settings > Security and enable Install from Unknown Sources if prompted. These five Cryptocurrencies top the list of assets by market cap and are far reliable investments with better long term profit potential. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. These fees are designed to cover the cost of borrowing the funds needed to maintain the position. It’s great that our integration with Binance Pay adds to your experience, reinforcing our commitment to providing a crypto focused trading environment. And, to make use of this promotional scheme, you need to apply the promo code mentioned above. PrimeXBT may at any time in its sole and absolute discretion, without notice or assigning any reason therefore, terminate a Promo campaign, or delete, vary, supplement, amend, restrict, withdraw, or modify any one or more of the Promo campaign rules and conditions, including without limitation, eligibility of any client. Unfortunately, most traders do not spend the time necessary to backtest a system and will simply come up with the latest and greatest thing on a forum to start putting money to work. The exchange recently released its tiered fee structure for those traders who do a considerable amount of volume on the platform. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. PrimeXBT ranks as one of the best platforms for shorting Bitcoin. 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. Com and use this Primexbt coupon for your purchases. Traders can also link their Metamask wallets to make crypto deposits. We’re thrilled to hear that you’re impressed with the precision, tight spreads, and ultra fast execution on PrimeXBT. Information regarding past performance is not a reliable indicator of future performance. The good news is that it is quite easy to avoid a margin call, with just a bit of caution and common sense. A lot of responsibilities here. PrimeXBT Instruments: My Key Takeaways. Throughout my testing, the app performed smoothly without any bugs or glitches. Join 1M+ traders who choose PrimeXBT as their go to trading platform. 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. Is it just another trading platform, or does it truly stand out. Returns or profits may be subject to capital gains tax. Withdrawal fees start at just $0. Makers, who provide liquidity by placing limit orders, receive a rebate, while takers, who take liquidity by placing market orders, pay a fee.