Withdrawal and Deposit Fees

Leverage:PrimeXBT stands out by offering high leverage, up to 200x for cryptocurrency pairs and up to 1,000x for forex pairs. Stop orders emerge as indispensable tools that empower traders to navigate the unpredictable waters of financial markets. While PrimeXBT is not regulated or licensed, it has a positive reputation and a long history of satisfied traders. Crypto deposits can be completed easily, but you’re limited to five assets comprising BTC, ETH, USDT, USDC, and COV. 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. Additionally, affiliate partners like financial bloggers and influencers might provide unique promo codes. If the app is unavailable in your region, you can still access it through direct download from our site. The platform provides deep liquidity by partnering with top liquidity providers, allows you to tailor leverage to your risk tolerance, and lets PrimeXBT trading you hold trades longer without high costs. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. This would surely go a long way to reassure OKX customers that they can safely trade on their platform. All logins to your account are reflected in your Settings menu, under ‘Last logins’. You can now make a deposit in Bitcoin and start trading.

PrimeXBT

306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Several experts have weighed in on the future potential of Polygon, offering a wide range of POL ex MATIC price predictions based on different factors like market trends, institutional adoption, and network developments. Slippage occurs when the execution price differs from the expected price, common during high volatility or low liquidity. The popularity of a trading pair often correlates with its liquidity, making it easier to execute large trades without significant price slippage. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. If you need a fast response and aren’t getting one through the ticket system, reach out via PrimeXBT’s social media channels, such as X or Telegram. Staying informed and proactive about fee management is key to successful trading. Each type of bonus is designed to provide specific benefits, helping traders maximize their profits and minimize their risks. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. If you lose a margin trade, it is the same as in the other trade, money will be deducted from your account. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. 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. PrimeXBT provides traders access to other markets as well as crypto, including FX, commodities, and equities as well. As explained earlier, leverage and margin trading amplifies both your profits and losses. It’s a cool trading platform. I liked the platform but I couldn’t get it to work all the time, which could be a deal breaker if it’s not addressed quickly. The platform has cool features like one click trading execution and double click trading.

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

At PrimeXBT, we aim to provide comprehensive support and are glad that we could assist you with your inquiries about our crypto futures spreads. Hello Vicente,Thank you for sharing your crypto futures experience at PrimeXBT. Points Accumulation: With each purchase made throughout the Labor Day promotion, participants amass valuable loyalty points that remain stored in their PrimeXBT accounts. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. PrimeXBT offers free deposits, which is a significant advantage for traders. 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. Our human support team is here to help 24/7, in your language. By supporting these countries, PrimeXBT ensures that traders from various regions can access its services and benefit from its advanced trading features. Ditching the requirement costs a high premium, however. Dear AlbertoThank you for your positive feedback on our demo trading account. 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. Additionally, users can access their transfer histories through individual wallets. “, it depends on your investment goals. Ethereum is a frontrunner in this space, powering groundbreaking applications like Decentralized Finance DeFi, Web3, and smart contracts. We believe in doing things the right way. This can be either a passport or national ID. While this is not exactly a necessity for being a copy trader on PrimeXBT, it is a strong sign that an account can be trustworthy, as it has been vetted by the company, to some extent. The provided educational materials do not constitute professional advice in any area, including investment, financial, legal, or tax. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders.

Maker and Taker fees explainedMaker and Taker fees explained

Receive the latest news and stay informed. This transparency helps you choose a trader you’re confident in copying. NCN CapitalTransportweg 9d2421 LT NieuwkoopNederland. We’re here to help make your trading experience as smooth and effective as possible. The main advantages of a certain crypto exchange. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. The platform also offers advanced trading features, such as margin trading and futures trading, making it a popular choice for experienced traders. PrimeXBT is our preferred platform for trading futures, because of its competitive fees, the number of markets it offers, and its user friendly interface featuring charting tools from TradingView. However, there is always the risk of the community being disrupted by non professional investors or disagreements. How volatile a market is affects how quickly the price of assets can change, so be prepared. It takes just a few minutes to get started. Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. There are some very nice features on this platform such as quick registration, ultra fast execution speed, real stop loss, short selling crypto, cold storage wallets, and trading tips. I advise for beginners, the conditions for trading are excellent, the spreads are acceptable. Renowned as one of the most secure crypto and NFT wallets, Zengo is equipped with features and cutting edge security to safeguard your digital assets.

What Moves Ripple’s Price? Factors, FOMO, And Much More

Crypto Rand currently offers a single subscription for $200 a month that includes. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Then, go through the terms and conditions, and privacy policy before accepting. 99% fee, not PrimeXBT. PrimeXBT offers an array of products catering to the needs of novice and seasoned traders. For customers who desire access to a simpler user interface with far more trading pairs, or those who do not desire to participate in cryptocurrency futures trading either Bittrex, Coinbase, and Voyager can make better alternatives with a more competitive amount of cryptocurrencies offered to trade and similarly competitive trading fees and functionality. PrimeXBT delivered a seamless trading experience. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Based on the liquidity from order books 75% including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume below 2M USD volume 24h. PrimeXBT offers a transparent fee structure that is competitive within the trading industry.

Where is PrimeXBT based/located?

With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. Information regarding past performance is not a reliable indicator of future performance. 1M+ community members. Enjoy real time prices, technical indicators, drawing tools, without the need to switch platforms. For example, the withdrawal fee for Bitcoin is typically 0. PrimeXBT for UK equips traders with a variety of robust tools designed to enhance market analysis, manage risks, and optimize trading efficiency. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. While closing a position will proportionally increase the participant’s Turnover, it does not affect the Number of Trades indicator. The primary goal of KYC is to prevent financial crimes, including money laundering, terrorist financing, and identity theft. Below are some tips to help you get started. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. It offers a robust and versatile trading platform designed to meet the needs of traders across various experience levels. Monitorreturns for 1 2 months before slowly allocating more funds to your topperformers. 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. 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. Chainlink’s ecosystem overview. These rates are among the lowest in crypto trading, making PrimeXBT a good choice for traders holding positions for a while. Hedge with Crypto does not provide financial advice nor does it take into account your personal financial situation. Other options for contacting support. Visit PrimeXBT Platform and get 35% on Your First Deposit. You want to add to your winners and to cut your losers short.

Newsletter

It’s great that you’re also conducting your own analysis to complement the insights we provide. The opinions expressed here are the author’s alone. Multifactor authentication is now standard for all account holders on Bybit and PrimeXBT. Technically, the service is made as simple as possible, even a beginner will have no difficulties. Consulting Consulting is a professional profession about information giving advice, opinions, contributions, helping customers have the right view. Availability and Responsiveness of Support. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. USD will be pre selected as the currency. Now you’re set to begin trading futures. Visit now to find the answers you need. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. This fee structure is straightforward and transparent, ensuring users are aware of the costs associated with moving their funds off the platform. If you have any tips for new users or further feedback, please share with us at. As promised, both apps are synchronous with the desktop version, providing users with the same enhanced experience and full access to all of PrimeXBT’s advanced features, financial instruments, and unmatched leverage allocation. Scan the QR code with your device’s camera and get APK file. In total, PrimeXBT offers 41 cryptocurrency leveraged trading pairs with varying requirements, 51 forex pairs with different margin needs, 11 indices, and 5 commodities. We’re thrilled to hear that you find our platform user friendly and straightforward to use.

Diego Sanchez

You can buy, trade, and earn BTC, ETH, and more over 70 of the top cryptocurrencies on one, simple and beautiful platform. All customer assets at PrimeXBT are stored in cold storage wallets, and the platform processes withdrawals once a day, between 12:00 and 14:00 UTC. PrimeXBT takes pride in offering this feature as part of its unique selling proposition. The status of a withdrawal can be checked in the ‘Transaction History’ or ‘Withdrawal’ section of your account. This means you need only 1% or 0. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. One of the first things that futures traders look for in a platform is how leverage works. Before choosing the exchange that you want to work with, you need to assess factors such as the user friendliness of the exchange and whether it meets your needs. Our website uses cookies. ” Choose the cryptocurrency, specify the amount, provide the recipient’s details, and validate the transaction. Here’s why PrimeXBT is a top choice for crypto trading. The platform offers investment products such as cryptocurrencies, commodities, stock baskets, and foreign currencies. Since its launch in 2017, KuCoin has evolved into a promising cryptocurrency exchange, servicing a vast user base of 30 million individuals spanning more than 200 countries. Stay tuned for more cool products and features. Risk appetite falling will also have a lot of negative consequences when it comes to Ethereum, Bitcoin, and crypto in general. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Understanding the location of PrimeXBT, its regulatory environment, and how it operates worldwide is crucial for traders who want to use the platform effectively.

Important Notice

📈✨ Enjoy features like portfolio diversification, hedging, leveraged trading, and copy trading options. Enable One click trading: enable/disable available trade modes;. No CFD trading fees, but watch out for spreads, commissions, and swaps. Prime XBT Trading Services, S. Best regards,The PrimeXBT Team. 5In summary, copy trading can eliminate the steep learning curve and constant headaches too often associated with active crypto trading. Third Floor, Plantation House, Along Victoria Avenue, P. Validating your payment methods is a critical step in the PrimeXBT payment verification process. 1M+ community members. Io review for contrast. General Trading Contests Terms and Conditions. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. After that, click the “Register” button to submit your form. Governance in a blockchain is done through consensus, a method of agreeing to a shared state. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. 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. Approaching cryptocurrency signals with a mix of scepticism and proactive risk management will ensure you will be able to reap the rewards while safeguarding against potential hazards. It comes equipped with a range of technical tools, including over 50 indicators, advanced charting features and tools, and multiple screen support, aiming to cater to various trading strategies. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Both types of fundamental analysis are important for traders to consider before entering a position, especially if it is a long term trade. The Academy gives you the tools and knowledge to succeed in trading. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. 🔝Best for: For traders who need fast cryptocurrency exchanges. You can find more details in the “Refer a Friend” terms and conditions. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. XLM’s adoption is hampered much more by regulatory uncertainties and price volatility. Thanks for your support. Understanding these benefits can help you make informed decisions about your trading activities on PrimeXBT. In my honest opinion Primexbt looks like a good option for those who holds Bitcoin and wants to get a hassle free access to worlds markets – commodities, metals, indices, forex etc.

Can US citizens use PrimeXBT?

We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Dear Zombos,Thank you for bringing this issue to our attention. Trade your preferred instruments across Cryptocurrencies, Forex, Indices, Commodities and Stocks. The platform will automatically set aside the specific margin deposit needed and add to it, if necessary, from unused capital. The platform offers multiple channels for customer support, ensuring that users can get the help they need quickly and efficiently. 88 during the broader Crypto market bull run. Org meets these criteria. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. You decide to trade two standard lots. The formula for calculating the value of a swap: Swap rate % Asset price Amount position size. Com to stay up to date with the latest offers, as they regularly update them and hold seasonal promos. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Prime XBT Trading Services, S. PrimeXBT delivered a seamless trading experience. The price of Bitcoin follows ever changing supply and demand forces in the market.

Important Notice

To make a deposit, simply send your coins to the BTC address linked to your account. This survives Agreement termination. A trader wants to buy stock XYZ at $14, but XYZ is currently trading at 15$. This can be particularly advantageous for novice traders who may lack the experience or knowledge to trade effectively on their own. Since you don’t have a direct influence on what trades your followed trader will open, you’ll have to deal with liquidity risk. Positions do not have a time limit and can remain open indefinitely, as long as available margin does not drop to 0%. Always do your research before investing, and be prepared for potential losses. Compensation Fund per user. The reader is fully responsible for any investment decisions they make. No, this is not possible at the moment. Losing access to your email may result in you being unable to access your PrimeXBT account. Payouts are one of the most important factors to consider when choosing an affiliate program. Users can customize their own Economic Calendars by adding the events they consider impactful for their trading strategies. PrimeXBT offers a wide variety of assets and trading pairs for traders. Japanese candlesticks are a helpful tool for analysts, and contain a variety of information. Users must prove their identity with another device. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. That being said, you must understand that taking control of a bigger position than you would otherwise be able to do offers not only bigger gains, but also potentially bigger losses. Once you confirm your email, your account will be activated. YouTube videos show 77%. This makes PrimeXBT much safer against unauthorized access. Margin is the collateral required to open and maintain a leveraged position, determined by the leverage ratio. They let crypto users earn interest on their tokens, as they can connect to several decentralized financial yield generating applications with the highest possible returns. Everyone can access wallets, chosen strategies and specific tools without difficulties. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U. PrimeXBT platform interface consists of 5 main sections. PrimeXBT offers a transparent fee structure that is competitive within the trading industry. You might also like: PRIME XBT Review. Let’s face it, we all like technical analysis. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this.