Legal documents

It maintains an active community across social channels and runs community events, which positions it as a more community centric platform. You can read more about the legal terms and conditions in the Legal Center section More tab on the main page of the website. This encourages users to complete the necessary verification steps to gain more flexibility in managing their funds. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. Usually, there is a chat icon on the bottom right corner of the website where they can initiate a conversation. In the Cryptocurrency Service category. Historically, Bitcoin has been sensitive to changes in macroeconomic policies, particularly those affecting. PrimeXBT has no minimum deposit as such, you can deposit any amount. Make sure you understand the difference between Spot and CFD trading before getting started. Each of the four levels of referrals are calculated separately for transparency. The first CPA offer for affiliate partners will be a one time compensation of $XX for every qualified trader who registers at PrimeXBT by following a referral link. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. Since the market is decentralized, traders can seize opportunities irrespective of their time zone. Futures and Options are very similar. We always provide our clients with the latest and greatest in trading tech. It highlights key features and differences to help traders choose the most suitable option based on their trading needs and strategies. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. The approach is suitable for those with a higher risk appetite since in this case tha platform is using the whole available margin to maintain the positions. Our website uses cookies. 5 most popular PrimeXBT alternatives based on 0 customer reviews.

Encryption Protocols

Prior to joining NCB, Mr. There is also a mobile version an application, which has somewhat limited functionality, but is generally similar to the main version. This means that user funds cannot be sent to a PrimeXBT Broker rogue address in the instance where an account is breached. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. While this is speculative, Cardano does aim to solve scalability and governance issues plaguing Ethereum so it’s within the realm of possibility. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. A trading strategy is simply a method in which to approach markets. This rate is relatively low compared to industry standards, making it cost effective for traders, especially those executing large volumes of trades. 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. To begin this strategy, simply buy Bitcoin with the intention of holding onto it for the long term, no matter what happens with the price of the asset. One of Fat Pig Signals main messages is ease of use and economy of time.

Copy Trading

These products are not suitable for all investors. PrimeXBT also allows users to trade with leverage. Charts allow traders to perform technical analysis to identify entry and exit points. While some of the top cryptocurrency exchanges are, indeed, based in the United States i. This also will increase risk so prepare accordingly. This Week’s Summary The crypto market ends the week at a total market capitalization of $2,67 trillion. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. PrimeXBT stands out with its no minimum deposit policy, perfect for newbies and small scale traders. Receive the latest news and stay informed. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. Once done, you will receive an email in the address that you have provided. Bybit has considerably lower fees than many exchanges in the space, but slightly higher than the low cost leaders comprised of Binance, OKX, and KuCoin. Access all the essential tools for trading, including market updates, chart analysis, and order execution, right from any mobile device. Imagine making profits and not being able to withdraw your earnings smoothly. Case study: A case study of successful staking is the crypto mining pool called F2Pool. The platform accepts users from more than 150 countries, but is not available in the US, Canada, New Zealand, Japan, Russia, Israel, Cuba, Iran, Syria, North Korea, Sudan, Myanmar, and Puerto Rico, among others. Do not post misleading information. Select the cryptocurrency pair they would like to exchange. There are two types of assessable income that your PrimeXBT investments are taxed on in Australia. Please, we’ve had enough of this type of marketing. Wallets: Balances in US dollars and Cryptos are viewable on the Main page. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. 34, an average price of $113. The volatile nature of the Cryptocurrency market often makes it highly unpredictable.

Trusted by over 1,000,000 tradersTrusted by over 1,000,000 traders

There is no minimum withdrawal. It allows users to choose who they copy from in a very specific and precise way. Here is a look at the margin requirements for some of the 51 forex pairs available. Comments: It was amazing, i going to use every day. PrimeXBT proudly extends its services to traders worldwide, offering a cutting edge platform for financial opportunities. PrimeXBT uses TradingView charts, providing users with advanced and interactive charting tools for technical analysis across various markets. Leverage is a powerful tool for professional traders but can cause significant losses if used recklessly. It is a wide ranging company that aims to welcome traders from all walks of life, who may all have different goals in mind. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. If you are searching for a crypto exchange that has a good amount of order types and offers leverage, then PrimeXBT is the right one for you. Commodity trading is the exchange of money for raw materials or vice versa. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. We found that there is enough information available for any customer to get their online trading career underway. PrimeXBT offers multiple funding options, including cryptocurrencies and fiat currencies, making it convenient for traders to start trading quickly. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Our clients love how fast and simple our sign up is.

Respect

Transfer the whole amount or part of it to any of your trading accounts at any time by clicking ‘Redeem Rewards’. Virgin Islands, Northern Mariana Islands. Depositing $2,500 gives you a $500 bonus, and depositing $5,000 gives you a $1,000 deposit bonus in your trading account. Binance was founded by Changpeng Zhao, its current CEO, and Yi He in 2017. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Leveraging enhances your returns by a certain factor. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. In other words, in this example, your losses have doubled. We’ve got you covered with access to 100+ global markets on one platform. After that, a personal link will be available in your personal account. Data breaches are not uncommon in our era. Swing traders hold stocks for several days or weeks, aiming to profit from medium term Stock price movements. The team has put together an extensive self help and FAQ section which is there to help users understand what all the different features do, the products offered, and how to navigate the platform like a pro. A Crude oil price forecast for 2025 is going to be difficult, and as a result, it’s even more troublesome to come up with a Crude oil price forecast for 2030. Whether or not it will see another parabolic rise in value is much less likely than it was in the past. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Neve Με τη δύναμη του WordPress. 071 USDT in trading fees.

PrimeXBT cryptocurrency selection

For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. If you find that you cannot make money trading. Additionally, charting and technical analysis by TradingView are available in Analysis section. 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. Trading LTC in the spot market is easy for beginner traders, as you simply have to make your trade by betting on the price movement. Active users across the world. 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. Scan this code to download app. The PrimeXBT App is a mobile trading platform that allows users to buy and sell various financial assets, such as cryptocurrencies, forex pairs, commodities, and indices, directly from their smartphones or tablets. PrimeXBT does not require any KYC verification, which means you can sign up and start trading in minutes with just an email address and a password. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. 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. I went to bed and woke up to the trade up 277% about $14 profit. This is usually expressed as a ratio, which is the rate at which you can take on debt. 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. Furthermore, PrimexBT offers demo accounts, allowing users to practice trading strategies without risking real funds. The inactivity costs of PrimeXBT were also considered in our evaluation. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. 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. Covesting saves a lot of time since you do not need to spend several hours reading the market to know where to invest. By developing and adhering to a robust trading strategy, traders can improve their chances of success and minimize potential losses. Receive the latest news and stay informed. Evaluating your investment objectives, level of experience, and risk tolerance is important when considering whether to trade foreign exchange. 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. Placing a buy order involves selecting the type of order, entering the desired amount, and executing the trade. Scan the QR code with your device’s camera and get APK file. At Prime XBT Trading Services Ltd. This means that they are kept in a secure offline environment away from an internet connection and the threat of potential hackers.

The Central Objectives and Imperatives of KYC

Dear LuyandaThank you for your positive feedback on the payment process at PrimeXBT. The exchange utilizes an extensive cybersecurity framework to make sure that strict measures and best practices are implemented to protect customer assets against any eventualities and threats. 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. Beware of their practices that seem to hinder profitability, and consider alternative brokers for a more transparent and reliable trading experience. Zaporizhzhia and Kherson. Through a CFD, one is speculating on the market price instead of taking ownership of a cryptocurrency. When it’s about liquidity then you will understand it by the tightness of spreads, because the market gets denser, there are many buyers and sellers. This Daily Limit applies cumulatively across all currencies withdrawn within a 24 hour period. Up to 100x in all cryptocurrency pairs. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. Examples of PII whether about yourself or someone else, can include amount of coins owned, income, taxes owed, addresses, phone numbers etc. This makes it appealing for those wanting to increase their trading earnings. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Demo trading and demo account on PrimeXBT platform is what I like and what , judging by PrimeXBT reviews , many traders like too. Overnight fees are applied to leveraged positions held overnight, ensuring that costs are managed appropriately. Having said that, it is crucial to respect the potential damage that can come with larger position sizing. But, they don’t have live chat support right now. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface.

About us

Earlier this year, MetaQuotes tightened the restrictions on the provision of White Labels to unregulated brokers, or more specifically, brokers that cannot demonstrate that they have a corporate bank account in their name. Learn more about Baksta’s Legal Terms. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Traders must comply with these regulations to avoid potential issues and ensure a smooth trading experience. Engage in Crypto, Forex, Commodities CFDs, and Indices CFDs trading. PrimeXBT has no minimum deposit as such, you can deposit any amount. You can build out your own workspaces that you can access at the top of the platform. This method can allow positions to survive longer against adverse price movements, but at the risk of potentially wiping out a much larger portion of the trader’s account. Follow the same steps to trade Forex, Commodities, or Indices. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. 📊 Will the selection favor crypto. The platform offers Crypto Address Whitelisting, allowing you to designate specific withdrawal addresses for added security. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. Although its still considered a “meme coin” due to it wide acceptance within its community, celebrity “endorsement” and media coverage, it has evolved into a Crypto many traders and investors keep an eye on. If it’s still not found, verify that the registered email address is correct and contact PrimeXBT support for further assistance. Whether you want to trade Bitcoin on leverage, profit from falling prices on Ethereum, or trade on stock indices, commodities, or forex – PrimeXBT has got you covered. Cobinhood’s primary advantage is its zero fee trading model. Payrolls were overstated by around 818,000 jobs annually, thus roughly 68,000 jobs monthly. Com takes no responsibility for your actions.

Market Exchanges View All

We’ve got you covered with access to 100+ global markets on one platform. I thought I was safe. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. When do Primexbt bonuses expire. With its user friendly interface, convenient features, and continuous innovation, it appeals to both new and experienced traders. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. 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. The rate can be either long to buy or short to sell and depends on the specific futures contract. Typically, the interest is charged at a monthly rate, divided by the time involved. Dirk Hartig, Head of Trading Education bei PrimeXBT, schaut auf die vergangenen Krypto Jahre zurück und gibt einen Überblick, wie sich Bitcoin and Co. People avoid KYC in crypto for privacy concerns, to maintain anonymity, and to avoid sharing sensitive information like their identity or address. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. To add funds to PrimeXBT, log in to your account, navigate to the “Deposit” section, choose your preferred deposit method crypto, bank card, or fiat, follow the instructions to complete the transaction, and your funds will be credited to your PrimeXBT account. Direct Crypto Deposits. There are two main types of storage for digital currencies: hot wallets and cold wallets. Detailed information about the commissions can be found on the website in the relevant sections. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. Understanding the fundamentals of spot trading is crucial for leveraging the full potential of the PrimeXBT platform. Diversifying your portfolio can definitely help maximize opportunities. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. 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. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. 2024 00343, having its registered office address at PKF Corporate Services Ltd.

SECURE WALLET

The average Ethereum price across these seven months comes to $2427. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. WTI and Brent oil contracts are available in the forms of CFDs on PrimeXBT, so you can both short sell positions and no need to worry about physical delivery. This is the coolest feature of this platform2. So, how do these distinct elements collectively shape the trading experience on PrimeXBT. Funding fees are calculated on an hourly basis and can be viewed directly on the trading platform. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. Prime XBT Trading Services, S. But it has fewer crypto assets and pairs than some others. The marketing is usually done by advertising the solutions that the project can provide. ② Select the “Privacy” tab. Experienced traders can also earn a second commission by offering a copy service on the Covesting Copy trading Module. Now that Ethereum has gone through “The Merge,” there is a new focus for the network. 20% Deposit Bonus: Use a promo code during your first deposit to get a 20% bonus on PrimeXBT. It stands out among competitors like OKX and BingX.