Digital assets, investments and trading

I was out of my margin. Claim up to $7,000 in Bonus. Ever feel lost trying to figure out the ups and downs of the market. USD/JPY is The United States Dollar traded against the Japanese Yen. Forex No Deposit Bonuses. You also need to meet the initial margin requirement, which is 50% of the purchase price. It offers access to different crypto trading pairs. These crypto or digital brokers who are 100% invested and immersed in crypto have an obvious bias. If you use 25x leverage and the Bitcoin price moves up 2%, your return on investment will be 50%, etc. To understand the basics of Bitcoin trading, you can read our How To Trade Bitcoin Guide. Users can also buy and sell crypto tokens like Bitcoin and trade in the brand’s virtual contests. Their platform is easy peasy to use and orders are executed exactly at what price you set, it helps a lot, and I like it the most. To begin trading, you will first need to fund your account. Ultimately, the selection of CFDs allows for portfolio diversification beyond digital currencies and crypto futures. For ETH, USDT, USDC and COV withdrawals the fees vary depending on the network used. 1%, while indices and commodities can reach 1:100. 76$ it dropped to nearly 0. Copy Trading: PrimeXBT enables users to copy the strategies of leading traders through the ‘Copy Trading’ product. 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. Plus it’s important to remember that PrimeXBT is still a relatively new crypto trading platform and so it could upgrade how it is regulated soon. Learn more about Baksta’s Legal Terms. By capping the leverage on isolated margin trades, PrimeXBT may be attempting to protect traders from the rapid exhaustion of margin in the face of volatile market shifts. The exchange offers two types of fees: trade fee and overnight fee. 30Small Cap JSE IndexMid Cap JSE IndexGold Mining IndexOil and Gas Index. At present, the exchange serves clients in over 150 countries, providing sufficient liquidity and a variety of trading instruments. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. We particularly liked how user friendly it was, which will appeal to beginners. The network allows for the creation of other Crypto, exchanges, projects and tokenization and the use of smart contracts. Researching the best no KYC crypto exchanges to use to trade securely and privately.

Explore Alternatives

Overnight financing is due for any position that is carried into a new trading day past 00:00 UTC and is withheld from Trading account balance. The Prime XBT Bonus is a 50% deposit bonus which you can activate with the TOPTRADING bonus code after you register at. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. The PrimeXBT exchange is an international platform for trading cryptocurrencies, tokenized assets, stock indices, and currency pairs. If this does not exactly meet your taste, there are several others that could be of interest. Benefit from low fees, fast order execution, and advanced features to increase your profitability. It is important to remember that Stop Loss/Stop Buy orders are triggered when top of the book ASK quotes reach the price specified in your Stop Loss/Stop Buy order. Readers should do their own research. Those rates are calculated dynamically for every new time interval. They don’t enable management of your account if you are too busy to deal with that. We’d also like to mention at this point that PrimeXBT is regulated by. If you have any further questions or require assistance, please don’t hesitate to reach out to us. PrimeXBT is great for both advanced traders and those who want to move into more advanced trading. Copying trades allows traders who do not want to trade themselves, as well as traders who are willing to share their strategies with others for a moderate financial reward, to passively earn money. Vincent and The GrenadinesCompany Jurisdiction / Registration: SeychellesCEO / Owners: Unknown. 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. These contests allow users to test their skills, strategies, and knowledge in a competitive environment while having the potential to win real prizes.

What is PrimeXBT?

Some traders will stick to one particular commodity, while others will trade multiple markets. The tabs hows your sizing, the fill price, the current price, your profit or loss, take profit and stop loss targets, and it gives you an option to close the position. Key features such as copy trading and trading contests add to its appeal, while its lucrative affiliate and referral programs set PrimeXBT apart in a competitive market. In economically uncertain times, lay and experienced investors alike seek refuge in this transparent medium. 12 milliseconds on average. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. PrimeXBT has a minimum deposit requirement of only 0. All pending withdrawals are processed once a day, between 12:00 and 14:00 UTC. Important to note: PrimeXBT features CFDs Contract for Difference trading, not Spot trading as is the case with the majority of crypto exchanges. At PrimeXBT, innovation is the main focus. This avoids troublesome false reversals and whipsaws against the tide. Then Bitcoin was impacted by increasing interest rates and other macroeconomic factors, causing a downtrend. Bitcoin reserves held by crypto exchanges have hit record lows, according to data from CryptoQuant that goes all the way back to the beginning of 2021. Lastly, while options are not commonplace on many crypto trading platforms, PrimeXBT does offer them to traders. I had 33k as a balance, and a P/L of 32k.

About Us

Key features such as copy trading and trading contests add to its appeal, while its lucrative affiliate and referral programs set PrimeXBT apart in a competitive market. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. Spot Bitcoin ETF inflows have been mind blowing and have now become a key metric used to help explain and forecast Bitcoin price movements. This jurisdiction allows PrimeXBT to provide its services to customers from various countries while complying with the regulatory requirements of Seychelles. Date of experience: February 11, 2021. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. This is why it is important to keep in mind within my PrimeXBT Crypto Futures review that these limitations are not huge negatives, but rather are prudent measures aimed at ensuring a balanced and more safeguarded trading environment. There’s a powerful platform for technical and fundamental analysis of the market, although it’s a shame that shares are not offered. Notably, PrimeXBT has recently introduced base metals to its selection, ensuring that traders have an extensive array of assets to choose from, catering to various investment strategies and risk appetites. BNB Smart Chain network BSC. Make sure that you indicated the correct wallet address and network of the ‘External Wallet’ option is selected. If you use 25x leverage and the Bitcoin price moves up 2%, your return on investment will be 50%, etc. Putting a stop loss will help you in your risk management and give clearer strategies on when to exit. PrimeXBT stands out as one of the best leverage crypto trading platforms in the industry. This global accessibility allows traders from diverse regions to access PrimeXBT’s trading platform and services. 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. Dear PrimeXBT Team, you could at least refund the 0. Leverage allows you to control a larger position with a smaller amount of your funds, known as the margin. Then to send those coins to another wallet or to an exchange also requires ETH. The copy trading feature not only saves time and effort for less experienced traders but also provides a valuable learning opportunity.

Social Media

To receive max rewards, encourage your referrals to invite more folks. You will also be able to deposit Ethereum ETH, Tether USDT and USD Coin USDC with the same instructions above. To view or add a comment, sign in. Trading involves risk. This occurs when you place an order and the price that you get is nowhere near your desired entry point. Learn About Our Expert Contributors and Analysts. It only accepts crypto transfers from other exchanges or digital wallets in. Can’t say that I am fully delighted by it, but these are just trifles, i guess. The simulator account allows users to test the brand’s suite of tools and assets without risking real funds. You can only withdraw your Bitcoins to an approved list of addresses, further protecting your funds. Date of experience: November 07, 2019. The pplatform offers a smooth experience with user friendly interfaces. I think its time for me to write my first primexbt review after trading for sometime. We are happy to announce an improvement in margin requirements. Per a report from blockchain analysis firm Chainalysis, the attacker behind the Nov 11 FTX exploit, is converting the stolen ETH to Bitcoin. 👉Join here: zx Bmprimexbt primexbtreducedfees. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. This feature allows investors to trade long or short, providing an opportunity to capitalize on market movements across various asset classes. Traders use this order type when they have an urgent execution. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. 2️⃣ Once all the details are specified, click the ‘Preview payment’ button to review a summary of your payment. As of April 4th, 2024, Binance introduces Saga SAGA, spotlighting it as the latest innovation in their lineup as the 51st Launchpool project, with the mission to redefine the landscape. This is because it is a small market, and it does not take much to move the market in that scenario. The domain name ‘bitcoin. This is very low, especially when compared to other exchanges. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. 51 mid way through December 2017.

Ethereum price and “The Merge”

It’s become a market standard. A few days after you borrow and sell the one BTC at $40,000, the price drops to $35,000. Nasdaq 100 BrokersFTSE 250 BrokersFTSE 100 Brokers. Take advantage of this opportunity to enhance your trading experience with PrimeXBT. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. These are essentially the same thing, and buying Bitcoin Futures is the same as buying a bitcoin futures contract. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. The Bitcoin ETFs were only the beginning. The company argues that, by association, other cryptocurrencies would not be considered securities either, due to their adequate decentralization, according to an article published in June 2022 by Cointelegraph. CFDs are popular with experienced traders because they intensify profits and losses. Cash withdrawals by default imply a verified account. Indeed, the high leverage levels make it a similarly attractive proposal which will allow those users to magnify their returns on borrowed money. The Cardano future is bright. I got liquidated even though I was in a 5. But you are not required to open such a large position. Saint Vincent and The Grenadines. No withdrawal fees are charged. If you are a resident of an accepted jurisdiction, you can start using PrimeXBT services as soon as you register an account and deposit funds. Supported CFD Indices include the ASX 200, DJIA, Euro Stoxx 50, CAC 40, DAX, FTSE 100, Hang Seng Index, IBEX 35, Nikkei 225, Nasdaq, and the SandP 500. The current 24H withdrawal limit of your account can be viewed on the ‘Settings’ section of your account. Therefore, you need to learn about the different factors that move the market prices.

4 2

Understanding margin is one of the most complex things for trades, so don’t worry if you didn’t get its specifics at first. When it comes to charts, PrimeXBT can handle all of them, even cooler is that you can place trades directly on the charts. In this PrimeXBT review, we will cover the platform itself, the features it offers, and will also give you some top trading tips that you need to know. When enabling 2FA on your account, you will receive a 16 digit backup code. The maximum supply of ADA is artificially capped at 45 billion coins. Learn About Our Expert Contributors and Analysts. If you placed your trade as a Limit or Stop order then you’ll find these under the “Order” tab in the “Summary Module”. Users can earn up to 14% on their crypto deposits for Ethereum, USDT and USDC. Nonetheless, XRP’s price recovery reflects strong confidence of full recuperation. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, which was developed in a B2B partnership with European digital asset exchange, Covesting. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. The registration process is quick and simple: Go to the registration page: Choose your account credentials Email+password, optionally provide your phone number, and agree to the Terms and Conditions Click ‘Register’ Confirm your registration by entering the 4 digit PIN code that you receive via email. The two programs customers can choose between are designed to enable new revenue streams for our clients who promote the PrimeXBT brand and refer new users to register to the platform and begin trading. I opened an account and it was already running within a few minutes of starting, it was also easy to use the features on Prime XBT nothing complicated.

AndreasK

Investors can also pass the time until the bullish trend returns by competing in weekly trading competitions using no risk virtual funds. And again, except for personal preference, there isn’t much to separate the two trading interfaces. For specific concerns, please contact us at. A trend trader wants to buy weakness during uptrends, and strength during downtrends. The withdrawal process on PrimeXBT typically takes between 24 to 48 hours. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t. The growth rate is quite high, as new coins are introduced every month. It’s unusual and unclear why PrimeXBT would choose to offer so few options. You can reset your account password using the Password recovery feature.

1st Lucky Draw Rewards Distributed

For PrimeXBT, the platform caters to a global audience and offers a range of deposit options, fostering ease of access. For most traders, this is probably more than enough, but it is sure to disappoint some individuals who prefer working with smaller altcoins. PrimeXBT also showed its care for customers in direct comparisons against some of the world’s biggest exchanges — such as Binance, BitMEX, Bitfinex, and Deribit — when it came to customer support. Of course this means that there are only Bitcoin and altcoins deposits and withdrawals possible, since fiat money transfers would always go hand in hand with the necessity to identify yourself. It’s a great way for those new to online trading to learn how to invest without making some dumb rookie mistakes. The Stellar Foundation provides clear and transparent accounting of these funds that anyone interested in seeing can review. The platform supports a diverse selection of cryptocurrencies, including Bitcoin BTC, Ethereum ETH, Ripple XRP, Litecoin LTC, and many more. PrimeXBT stands out as one of the best leverage crypto trading platforms in the industry. Feedback across their social networks is also good, which is why Primexbt is unlikely to be a scam or a fraudulent broker. One of our favorite things about the PrimeXBT platform is the cool Covesting Copy trading Module.