◾️What is leverage?

Attend exclusive PrimeXBT events, network with other clients and learn new skills. Its primary purpose is to protect traders from excessive losses in volatile markets. See our short whitelisting tutorial. Comments: Prime XBT earns a five star rating for its outstanding features, making it an exceptional choice for businesses looking for an effective cryptocurrency exchange solution. KYC not only ensures that client funds are secure but also that they are not being used for illegal activities. PrimeXBT frequently runs promotions that offer traders a range of benefits, such as deposit bonuses, fee discounts, and special trading rewards. 08 in the past week, indicating high levels of realized profit. Blindly following a so called expert, they disregard the importance of running their own research and executing proper technical analysis of the market and the asset they wish to acquire. Here are the trading fees on PrimeXBT. It is based in Victoria, Seychelles. We rank licenses by various regulatory bodies on a three tier system, where Tier 1 licensing indicates the highest level of regulation.

◾️Which margin system is available, Cross margin or Isolated margin?

We can’t guarantee that a Margin Call will be delivered shortly after your margin drops below the required minimum, or prior to Liquidation. Another way to get up to speed with Day Trading is to use “backtesting. Considering its features and risks, PrimeXBT stands out for experienced traders but may not be the best choice for those new to trading or risk averse individuals. We believe in doing things the right way. PLEASE NOTE THAT COMPANY IS IN THE PROCESS OF UNDERTAKING A LEGAL AND REGULATORY ANALYSIS OF BITCOIN TRADING WITH MARGIN. By staying informed, traders can anticipate market movements and adjust their trading strategies accordingly. I believe that blockchain technology can build a brighter future and am excited to be part of it. Explore the AffiliArt Affiliate Program, a CPA network with a focus on media and marketing. Remember that the price per point of a standard lot in the GBP/USD pair is worth $10, so it is simply a matter of multiplying the Prime XBT Account Types distance traveled in points by the worth of each contract. Live chat support is accessible around the clock to assist with any problems or inquiries in real time. If you have any questions about our spreads, trading conditions, or need further clarification on how we manage liquidity, please don’t hesitate to contact us at. PrimeXBT is a leading cryptocurrency and multi asset trading platform that offers users access to a wide range of markets, including cryptocurrencies, forex, commodities, and indices. The analytics are pretty nice here, if you also trade the signal on top of some additional proof like patterns and all that, the odds would be super high. Whether you’re a seasoned cryptocurrency investor or a newcomer to the world of digital assets, there comes a time when you’ll want to transfer your cryptocurrency from your PrimeXBT account to a secure, non custodial wallet like Zengo. You borrow the asset; the original owner collects a little bit of interest. What makes the platform unique is that it’s fully autonomous, which discourages hackers from coming onto the platform and attacking the exchange to steal identities. Get the most out of PrimeXBT promo codes and personalize your trading to fit your preferences and financial goals. You can set rules to lock profit, update Stop/Limit for selected trades, close profitable trades or notify you of any significant changes on the markets. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. Interested in reaching our dynamic readership. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Banxa’s extraordinary services allow BingX easy access into international markets, in turn giving us more leverage to reach more users far and wide. On the other hand, there is no stop out threshold.

Products Similar to PrimeXBT

Unfortunately, for this email we didn’t find any requests to our customer support, or even a mark that you are our customer. To trade Forex CFDs with us, the trader needs to deposit just 0. In the case of a withdrawal, customers will need to head on over to the “withdraw” page where they will provide their personal crypto address and simply send the crypto funds to the address of their choice. This approach allows investors to own and control their XRP directly, but it requires a degree of technical knowledge and responsibility for secure storage. This newsletter has consistently ranked as a best seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies. PrimeXBT is a cryptocurrency, forex, stock index, and commodity trading platform where traders can access up to 200x leverage on some crypto pairs and up to 1,000x leverage on some forex pairs. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD.

More ways to TradeMore ways to Trade

We’ll walk you through creating an account on PrimeXBT and making your first investment in this guide. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. Second, when it comes to trading technology, they do not offer API functionality. It also does not work if you cannot copy a strategy, which is simply letting the trades run. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. Changelly has partnerships with several wallets, such as Ledger and Trezor, to provide a seamless trading experience. As you can see, using margin can be a helpful tool, but it also can be very destructive if not used properly, and with a stringent money management plan. The IRS may still be able to track crypto even if you’re using a no KYC exchange. You can also set stop and limit orders to protect you from taking a huge risk. This leaves Volet and Perfect Money as the alternatives. Crypto: Supports Crypto Fiat and Crypto Crypto trading. Staying informed about market trends and news is crucial for making informed short selling decisions on PrimeXBT. This exchange is unique because it operates in a decentralized manner, meaning it doesn’t use a centralized system to track orders like traditional exchanges. Reply from PrimeXBT Copy Trading. This marks a notable achievement as WEMIX’s inaugural venture into the European market, emphasizing the token’s role in facilitating a range of blockchain based activities, from gaming transactions to decentralized finance DeFi applications. Depending on the offer selected, affiliates can enjoy up to 50% profit share and $2500 per referred client. Polkadot, a protocol that allows data or assets of any type to be transferred between blockchains, making a wide range of blockchains interoperable, with its DOT token serving a utility purpose. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. 11 in 2026, which is a 309. The reason is that Bybit supports over 500 crypto assets and crypto derivatives, compared to the approximate 40 found on PrimeXBT. In certain instances, a slightly bearish trend can be formed during a bull market and vice versa. Trade the Futures market with perpetual contracts on popular Cryptocurrencies like Bitcoin and Ether, with flexible funding rates and low Maker/Taker fees. The ‘Messages’ widget contains all system messages with a detailed explanation of why an order was rejected. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Agents respond within seconds and are fairly knowledgeable. A good mix of these features will help you find the best crypto trading platform for your needs.

Allow Installations from Unknown Sources:

Margin trading is quite beneficial, but it is also something that should be looked at with caution. With a user friendly interface and powerful features like biometric authentication, managing your trades is as easy as using your favorite social media app. Additionally, withdrawals to a bank card come with a hefty 5% fee. The platform is friendly and the trading engine is easy to learn. Go to Settings > Security and enable Install from Unknown Sources if prompted. After that, though, market factors meant that the price dropped. Copper is a vital component in numerous industries, copper consistently attracts investor interest therefore maintains its value in the global market. Our clients love how fast and simple our sign up is. Please remember to manage your risk carefully, and if you need any assistance or have questions about our tools and features, feel free to reach out to us at. Leverage is expressed as a ratio, such as 1:100, indicating the amount of borrowed funds compared to the trader’s capital. If this is something that you would like to get involved with then you will need to get your referral code. This is why it’s crucial to understand the heightened risk of liquidation associated with margin trading. You can check your core account statistics, active orders, open positions, and current market rates for all available instruments and trading pairs using the PrimeXBT Bot. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. Dear Jake,Thank you for your feedback and review. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. 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. We’re thrilled to hear that you’re enjoying the variety of services and tools we offer. Best regards,The PrimeXBT Team. Always prioritize the security of your funds and personal information while trading on any platform. Once connected, you can use various commands to interact with the bot. There are multiple benefits for users who want to take advantage of copy trading such as. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. What is the minimum deposit at PrimeXBT. Keep reading to learn the benefits of margin trading and the difference between isolated vs cross margin trading and how to use one of these to prevent the liquidation of every single position. What are the key takeaways from the deposit and withdrawal process at PrimeXBT. The exchange offers 24/7 customer support and a live chat integrated into the platform. 4 Security: Most of the coins kept at PrimeXBT are stored in cold storage. Spread costs are a significant component of forex trading fees.

Do I have to verify my identity to buy Crypto?

This article provides a comprehensive PrimeXBT review. PrimeXBT is a CFD exchange that offers a suite of tradable markets such as crypto, commodities, stocks, indices and more in one convenient place. You can also filter by CFD, Crypto, Forex or see ‘All Markets’ at once. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. As you can get your hands on crypto trading and explore broker’s offerings without putting your money at stake. Scan this code to download app. In essence, if your losses exceed the amount of your initial investment the margin, the exchange will automatically sell your holding to recoup the money they loaned you. It is not something that you have to do, just something that you are able to do should you choose to. Open the downloaded file and tap Install to complete the installation. For instance, using limit orders to take advantage of lower maker fees can help reduce overall trading expenses. Very honestly, both do an excellent job of showing order books in their way. The system will verify the code and apply the relevant bonus to your account. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Prior to establishing NEP, Mr. Information regarding past performance is not a reliable indicator of future performance. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. This mobile app provides strong functionality, allowing users to trade on the move, track markets instantly, and easily handle their accounts on any iOS or Android device. You can contact their team on and if you have any questions. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. While they don’t offer nearly as many earn products as Binance, they have a lot more on offer than much of the competition out there. This lack of immediate access to staked funds could pose challenges for investors needing flexibility in responding to market changes.

Iván Marchena Joins ARUM Trade as Chief Operation Officer

MT4 also supports secure access through the use of unique login credentials and two factor authentication 2FA. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. If you need any assistance in closing your order or have any questions about other trading strategies, please don’t hesitate to reach out to us at. When the market hits your stop loss and you get stopped out, the maximum loss should not exceed 2% of your trading account size. Each asset class has its own characteristics, including volatility, liquidity, and market dynamics. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Transaction fees – One of the main uses for POL ex MATIC is paying gas fees on the Polygon network. This is something that you can get in your account management page under the “referral” section. By using PrimeXBT’s API, you can enhance your trading experience, create custom trading algorithms, or even develop your own trading applications. Next, we will discuss how to choose the right strategy manager on PrimeXBT. Security measures include Two Factor Authentication 2FA, Cold Storage as well as SSL Encryption. At PrimeXBT, we aim to provide comprehensive support and are glad that we could assist you with your inquiries about our crypto futures spreads. Trade 30+ assets including Crypto, Commodities, FX, and Indices anytime, anywhere. PrimeXBT charged me a withdrawal fee of 0. Investors should keep an eye on regulations in key markets, as these changes can affect Polygon’s value​. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. Gemini is easy to use and offers a variety of trading features and rewards. To prevent significant financial loss when using leverage in trading, it is very essential to be aware of all the risks. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Indeed, the high leverage levels make it a similarly attractive proposal which will allow those users to magnify their returns on borrowed money. Here, you can both buy and sell the most popular currencies and make money on fluctuations in exchange rates using futures and CFDs.

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These security features collectively ensure that PrimeXBT provides a secure trading environment, helping to protect users’ funds and personal information against potential threats. Go to the ‘Hub’ section from the main dashboard, and click on ‘Promo codes’. These fees can accumulate over time, affecting the overall cost of holding positions. This example underscores the importance of. The registration process is quite simple. PrimeXBT allows you to buy and sell cryptocurrencies on margin with very attractive leverage ratios. By the end of this guide, readers will have a better understanding of whether Stellar Lumens is a good investment and how high it can potentially go. PrimeXBT is a leading cryptocurrency and multi asset trading platform that offers users access to a wide range of markets, including cryptocurrencies, forex, commodities, and indices. It takes just a few minutes to get started. Trade Crypto Futures Contracts incl. Set up your account preferences, fund your wallet, and explore the various trading options available to you, such as margin trading and access to multiple markets, including crypto, forex, and CFDs. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. This is a multi faceted platform that not only functions in the crypto space, but also allows people to trade traditional assets, such as stocks, forex, and commodities. 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. They have developed their own trading technology, making the platform robust with plenty of key features. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Trading involves risk. Registration takes less than 60 seconds and requires no personal information. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. We personally contact support using all available methods and present hypothetical problems that users might face.

Policies

The main disadvantage of PrimeXBT is because it’s not a primarily crypto focused exchange like the other crypto exchanges on the market, its crypto pairs selection is quite limited to only the top 10 or so coins, but the exchange offers both USD and BTC pairs for these coins, along with both spot and margin options. Forexlive holds no responsibility for any liability, damages, or losses caused in connection with the use of any content on this page. But let’s at least have look at the crypto trading pairs. چرا که بهترین کار برای درمان قطعی سرطان سینه تشخیص زودرس این بیماریست. The world’s largest cryptocurrency, Bitcoin instigated the emergence of a vast industry, giving rise to countless alternative coins inspired by its design. Keep reading this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT, because further down below we will explain step by step how to set up a proper stop loss. 05% for trades and 0. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. PrimeXBT is an online brokerage that facilitates trading in spot and future instruments. At this point, the trader may either set a take profit order, in this case, an order residing at a previous support level, as indicated by the chart or can manually market close the order when a suitable profit level is reached. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. The platform offers a very limited range of crypto futures markets and conditional orders. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Another factor that affects Dogecoin, and can limit its price from reaching new heights, is a lack of personal evaluation of risk tolerance. Explicit financial advice is also not allowed. Optional KYC and a demo account for practice are also available. Higher prices might result from this upbeat attitude stimulating more interest in and investment in XLM. Second, when it comes to trading technology, they do not offer API functionality. In my experience, it offers a user friendly platform for buying, trading, and holding various assets. Receive the latest news and stay informed. However, there’s a demo version for new users who are unsure about using the exchange. The positives of this market action exploded Dogecoin’s price, allowing it to climb to its all time high of $0. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Generous bonuses with stricter wagering requirements. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. 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. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. It offers a platform for high frequency trading with leverage as well as access to a variety of derivative trading options.

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If you have any further questions, please reach out at. However, the simplicity of the process and the direct purchase options raise questions about security and the platform’s adequacy for all trader types. In terms of security, PrimeXBT takes extensive measures to protect customer funds, including keeping most funds in cold storage offline, using multi signature access, and conducting regular security audits. The broker also offers crypto futures on its other trading account. I conducted a series of tests and assessed that PrimeXBT provides very high quality support. Returns or profits may be subject to capital gains tax. This was also the peak on the BTC trading pair, reaching 6300 satoshis. PrimeXBT is among the best South African brokers with a niche offering that caters perfectly to its target group. For traders who wish to stay informed about events that may have an impact on the markets and plan their trades accordingly, this tool is indispensable. CoinEx offers a huge range of investments and products, with more than 600 cryptocurrencies available for spot trading, margin trading, and futures trading. It offers advanced order types, integrated wallets, and customizable settings. Users can earn up to 14% on their crypto deposits for Ethereum, USDT and USDC. Exploring KuCoin for my trading needs, I found its wide range of copy trading options impressive. This minimized my losses and still only cost 0. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. They also do not offer any downloadable PC client program to trade on, the platform is browser based only. The company has developed its own trading terminal, called PrimeXBT, with a built in function for copying trades; and there are browser and mobile versions. CoinCentral Content and Creative studio is the in house creative arm responsive for the creation and distribution of objective and educational content to help brands connect with an engaged and interested crypto literate audience. Buy and sell the world’s most popular Metal and Energy Commodity CFDs on our easy to use platform. Best regards,The PrimeXBT Team. To trade instantly on PrimeXBT, log in, ensure sufficient funds, select a market, set parameters, and execute your trade with a market order. Being able to access tokens early while they are at pre public sale prices can often lead to lucrative gains, but these projects also come with higher risk as they are brand new and highly speculative. Our digital marketing agency specializes in creating strategies that make your crypto project stand out. This table provides a quick reference to the key features of Covesting on PrimeXBT, their descriptions, and benefits. The opinions expressed in this blog do not constitute investment advice and independent financial advice should be sought where appropriate. With traditional trading, you’d purchase what your budget allows.