Customer Support and Resources

Forex accounts are protected by these regulators, and as a result account managers can be a conduit between the trader, and the safety of regulatory bodies. All transfers are executed manually, once our team checks all transactions for risk scoring, money laundering, suspicious trading activity, and other patterns. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. But due to how lucrative the market is combined with the new and unfamiliar technology, the crypto industry has become a hotbed for criminals who seek to steal crypto assets due to the anonymity they provide, which often allows the criminal to get away with crimes unscathed, leaving little trail behind. So what do I need to have a Primexbt Demo accountPrimeXBT approachA demo account is a virtual trading account that allows traders to test out their strategies without risking any real money. Users can narrow search results using the filter options and make a PDF copy of the report by clicking ‘Statement’. The range of supported cryptocurrencies and assets is a crucial factor when choosing a trading platform. But the transparency of this process raises questions. There is no maker and taker commission here, but there is a swap commission, i. All users will benefit from being able to trade different kinds of assets including cryptos and major stock indices. The United States of America US Reportable Persons. Ready to explore the future of trading. This should not be seen as financial or investment advice of any kind, nor does Prime XBT endorse or guarantee the relevance, timeliness, or accuracy of the information or publications. While unlikely, it is not impossible. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Secure, offline storage.

Comparing PrimeXBT to Other Platforms

The ATO has also advised that records should be kept for at least 5 years. Traders should also consider the security measures in place when making deposits and withdrawals. Margin is the amount of money that you have in your account allocated for a larger position. Does it look professional. 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. Grow alongside a trusted brand. People love the variety of assets available, from forex to Bitcoin and Ethereum. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Agree and Join PrimeXBT trading platform in Philippines LinkedIn. Leverage is expressed as a ratio, like 5x or 10x. The platform offers the option to trade on margin with up to 10x leverage. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. You can easily download and install the PrimeXBT app on your tablet, whether you’re using an Android or iOS device. Leveraged tokens have become a very popular product and are now offered by many of the major exchanges. If you use this specific link you will get a very valuable FREE bonus if you meet the deposit requirements. For instance, funding fees for BTC on Binance and Bybit were both 0. Previously, he has done extensive work and research on Facebook and data collection, Apple and user experience, blockchain and fintech, and cryptocurrency and the future of money. A futures contract is between two parties, the buyer and the seller. Open the downloaded file and tap Install to complete the installation. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. 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. The combination of these factors can help traders avoid losing money while working with CFDs and futures on FX, crypto, commodities and index trading pairs.

A better wayto trade

Below is an example of how leverage will work on the PrimeXBT platform. At PrimeXBT, the markets are not just avenues; they’re gateways to a world of financial possibilities. For detailed information see our guide here. Bybit is known for its robust cryptocurrency derivatives platform and offerings such as perpetual contracts, prioritizing security and customer service. The real defining tip that separates okay Day Traders from the real success stories that you read about in the media is definitely leveraging. This profile is still waiting for the following data points. For instance, individuals who receive salaries may find hiển thị chi tiết it convenient to have the funds deposited directly into their bank accounts. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. Consistently maintaining its position in the top ten cryptocurrencies by market capitalization, Litecoin is widely supported by regulatory entities across many countries, being one of the earliest cryptocurrencies to hit the market. During the bear market, investors were asking why is Cardano going down and when will this downtrend finally come to an abrupt end. Also the availability of advanced trading tools and features, such as charting capabilities and risk management options and the customer service as well , has also a big plus for me. To put this in perspective, if you decided to buy Bitcoin in early 2017 when it started getting mentioned in mainstream media and was valued at $1,000 USD and then sold it a year later you could have walked away with as much as $19,000 USD of pure profit. Polkadot did manage to raise more funds, essentially making up the difference. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. I love the trading platform and it is convenient to use. Brand operating since. Doge being shorted on PrimeXBT platform. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. A highly accomplished and serious futures and copy trading platform. Traders need to verify what additional charges may be waived by their financial institution. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses.

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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. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. We strive to ensure smooth transactions, but occasionally there might be sometimes delays. 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. PrimeXBT was founded and registered in Seychelles in 2018 under the holding company name PrimeXBT trading services 148707. 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. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. The first organized futures market is said to have been the Dōjima rice market in Ōsaka, Japan, in the 18th century.

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Guys there are the best. Some of the methods are quite popular and easy to do, while others require a bit of work. Other competitive advantages offered at PrimeXBT include 24/7 live customer support, personalized service with dedicated account managers, the ability to access both traditional and crypto markets from a single account, the highest level of asset protection, a free smartphone app, and more. Overnight financing is not charged on weekends for markets that are closed during that time, however, a triple financing rate is due on Thursday 00:00 UTC. Back then, it was traded for illegal goods, while today, the asset is traded for real dollars and other altcoins back and forth for a profit. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. For more information, please read our complete Global Disclaimer. Brand operating since. PrimeXBT is quite transparent with its fees. The article is intended for informational purposes only and should not be considered professional advice or a substitute for specific expertise. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. Note, the program is exclusive to PrimeXBT accounts. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. Returns or profits may be subject to capital gains tax. The position’s notional value determines the maximum leverage available to traders. Date of experience: July 25, 2024. To begin trading, you will need to move funds from your Wallet to your Trading Account by clicking the green ‘Fund’ button on the Dashboard page. This symbiotic relationship creates a win win scenario – strategy managers earn a percentage of the profits made by their followers, while followers enjoy passive profits without the need for hands on trading. Virgin Islands, Northern Mariana Islands. Moreover, why it is crucial for one to be properly educated about them when considering an investment in any DeFi project. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. The opposite scenario is true too, thinking you are opening an isolated margin trade, resting easy that if markets move against you it will be stopped out, but realising you have opened a cross margin position, without stop loss and you are completely exposed to a negative market movement. They only have two types of fees, and these are the trade fee and the overnight fee. Despite the lack of formal regulation, PrimeXBT has established a reputation for offering robust security measures and maintaining a reliable trading environment as reported by its users. I must admit that it was very easy to navigate on it, even though it was my first acquaintance with the platform.

What fiat currencies are supported on PrimeXBT?

You receive rewards not only for direct referrals you bring to PrimeXBT but for their referrals as well. Traders can take advantage of high leverage, up to 100x on many assets and up to 200x on Crypto Futures, for bigger returns. Check out these trading options. A market order is an instant order. This takes some technical expertise, however, several solutions have emerged over the years that allow users of crypto technology to easily interact with a secure Bitcoin wallet on the blockchain through an app or desktop interface. With the coin’s last halving having taken place in April 2024, we are currently within that time frame. 001 BTC or 100,000 Satoshis. Yes, PrimeXBT caters to Namibian traders by offering multi language support on its trading platform, assuring accessibility and convenience for users from varied linguistic backgrounds. To begin trading, you must first decide how much money you’re willing to put on the line and invest. The information on this website is for educational purposes only, and investing carries risks. Best regards,The PrimeXBT Team. It comes with the best security package on the market paired with a solid no logging policy. Benefit from low Maker/Taker fees and flexible funding rates. GBP/USD on Jan 10, 2024: 14. KYC is optional on PrimeXBT. 2024 00343, having its registered office address at PKF Corporate Services Ltd. 🔥 Our PrimeXBT analysts are ready to answer your questions and provide insights across Crypto, Forex, Indices, and beyond. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement.

Events

Customer support is available 24/7 through live chat and email. We have compiled all of the information you need to know before joining the PrimeXBT affiliate program. Whenever you are considering an online service, it is always recommended that you browse through the experiences of other customers that have used it. If a confirmation email is not received, check the spam/junk folder. Discover below the best crypto casinos in 2025 and how to reap these benefits. 001% for forex, and 0. Then, fill in the details of the withdrawal including toggling the correct currency and be sure to include a tag or memo if needed. For years it has grown into a global platform that has expanded to over 150 countries all around the world. Brokers or exchanges will generally make an announcement in advance if there are any changes. Your entries for an uptrend are based on pullbacks to previously broken resistance levels, and you want to risk only 2% of your trading account per any single trade. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. Prime Technology Ltd is PrimeXBT’s Technology Provider. Understanding these elements can significantly enhance your trading experience. With a strong background in FinTech and DeFi, he specializes in blockchain technologies and crypto, bringing over four years of insightful analytical content. Ethereum’s circulating supply is 120419005 ETH. Covesting is an innovative copy trading platform that pursuant to a white label licensing agreement, brings together PrimeXBT and Europe based fintech software developer, Covesting, which helps connect traders with followers, enabling them to profit from one another synergistically. Their earnings increase as their followers and shared strategies increase. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Date of experience: April 20, 2024. It involves a group or trader providing signals to a community, who take a position based on the signal causing a “pump. PrimeXBT and BitMEX both are Bitcoin focused exchanges where the main funding option is Bitcoin.

My Key Takeaways After Testing PrimeXBT Desktop

First Digital USD FDUSD. Welcome to PrimeBit API documentation. PrimeXBT adjusts leverage limits based on market exposure. However, there is no actual guarantee of where the price will go, but most experts believe it will increase in value over the next several years. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. Tan pronto como comencé a operar, entendí que operar con criptos y mantenerlas son dos galaxias diferentes. Here, users can also modify orders with a stop loss or take profit level, or close out their positions. As with any trading tool, stop orders come with their own set of potential pitfalls that traders must be aware of. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. We appreciate your feedback on the design aesthetics; we’re always looking to improve and might consider more colorful themes in the future. Returns or profits may be subject to capital gains tax. The main reason you should trade commodities is that they are one of the purest forms of trading available. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. In a nutshell, we are a crypto guide with the right ambitions and values. We’ll walk you through each step. The cons of PrimeXBT include a lack of regulatory oversight, as it operates without a formal regulatory framework. Some require a lot more time and effort, but then can give a lot more profit and return on that effort. PrimeXBT charts reflect top of the book BID quotes received from our liquidity providers not FILL prices. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities.

Restricted Jurisdictions

In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Do not fall victim to the Bystander Effect and think someone else will report it. Verification can help ensure real people write reviews about real companies. Understanding the fee structure is critical for managing your trading costs and optimizing profitability. Bybit also has a top notch security system using SSL communication, 2FA, and a highly developed Mark and Index pricing system. First, you need to create an account and put money into it. However, only you are responsible for your own calculations and position management. For example, If a trader takes a long position of $2,000 on the Oil and it rises by 10%, using 5x leverage the same rise becomes a 50% profit, or $1,000. As some savvy traders predicted, the Merge was a “sell the news” event and EthereumPOW failed, but the Ethereum community was unfazed by weak price action.

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Best regards,The PrimeXBT Team. Dear Alexandre,Sorry to hear about the deposit delay. MT5 on all your devices. For those considering PrimeXBT, it’s advisable to consult user generated platforms like Trustpilot for up to date ratings and reviews. $20,000 or equivalent for unverified users. It is important to remember that investing in Bitcoin should be considered a long term investment, not a get rich quick scheme. Human help when you need it. To fund your account, visit the Deposit page. Ethereum had a good year despite ETH’s weak price performance as “the Merge” finally shipped. Download The Free App, Get Access To It All. Should you invest in Bitcoin. This VPN’s outstanding encryption and no logs policy will keep your transaction data secured and private, while its many servers and dedicated IPs let you unblock exchanges worldwide. Eventually there will be more automated, user friendly and secure KYC standards and practices. 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. These services are governed by the legal terms and conditions of PXBT. 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. While such high leverage amplifies potential profits, it also heightens risks. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. The astute trader can take advantage of all market conditions, so shorting SHIB is a skill you should have. To deposit Crypto, click the ‘Deposit’ button on the Main page. Some of them have prize funds of $20k, and don’t require any money to join, so. PrimeXBT wallets are multifunctional. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage.

PrimeXBT:

🌐 In the cryptocurrency market, this entails utilizing algorithms to analyze market data, spot trading opportunities, and execute trades at speeds and frequencies beyond human capability. To claim this offer simply make a deposit and then make a transfer to the corresponding Trading account within the given time frame. The app, now available on the Apple Store, offers unique features that enhance community engagement and potentially drive exponential growth. Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Registration on PrimeXBT is free and takes only a few clicks to begin. Consolidating withdrawals to reduce the impact of fixed fees and considering the timing of cryptocurrency network fees can lead to significant savings. The only necessary thing is an Internet connection because it can be run from any browser. These include ‘Hard Forks’, when a chain splits off into new forks e. Overleveraging your trades, and in times of high price volatility. Our financial experts project that by the close of 2030, Cardano could reach a value of $23. Immerse yourself into crypto trading on PrimeXBT with access to popular digital assets. Bitcoin is currently at a $211 billion market cap, while XRP’s is roughly $11 billion, representing a $200 billion difference due to Bitcoin’s first move advantage. One notable feature of the user interface is the inclusion of an order book, which provides traders with real time data on buy and sell orders for a specific cryptocurrency. These offers, available for a limited period,. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No.

🚀 PrimeXBT Deposit Bonus 🔥 Get 20% Bonus For Your First Deposit, Up to $7000 Tradable Bonus 💵

Trade Crypto Futures Contracts incl. CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades. We may include partnership links, but they don’t affect our ratings or recommendations. For most day traders, the short term outlook is more important than the long term one. However, it’s important to note that this bonus cannot be withdrawn. If you click on these links, we may earn a commission. The main reasons are its high leverage, variety of assets, easy interface, and special features like copy trading and contests. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Trading involves risk. In 2020, it was the subject of a TikTok trend where users attempted to pump and dump the price of DOGE Coin. To answer this question, it is important to understand if you are the right person to hold XRP and to trade it — to see if the coin suits your needs and wants.

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FSCA Regulated Forex Brokers. They have always taken preventive measures to make sure their platform offers optimal trading security. Minimum order sizes, trade sizes, max exposure, leverage, and funding rates for longs and shorts, can be found here. Regulators are increasingly monitoring exchanges to ensure they comply with anti money laundering regulations. 1M+ community members. Losses can exceed the initial investment. The European Union, for example, has been phasing out oil exports from Russia. Prime XBT Trading Services, S. With PrimeXBT trading, users have access to high liquidities across more than 80 asset classes, including PrimeXBT Forex trading, indices, commodities metals, gas, and oil, and cryptocurrencies Bitcoin, Ripple, EOS, Litecoin and of course, Ethereum. Transactions are verified by miners, ensuring the integrity of the network. These include the United States of America, Japan, St. These services are governed by the legal terms and conditions of PXBT. XRP was created by Ripple as far back as 2012 with a pre mined max supply of 100 billion tokens. KYC is optional on PrimeXBT.