PrimeXBT Copy Trading Reviews

By having negative account protection, you know that you will never owe more than your initial deposit. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. You should consider whether you can afford to take the high risk of losing your money. The company’s foundation and evolution reflect its dedication to meeting the evolving needs of traders and maintaining a leading position in the competitive trading platform market. Planta Habilitada por MSP. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. However, there are some regions where PrimeXBT does not accept users, including. Short selling is a great way to make profits in a downtrend. Combined with how speculative the asset class is itself, the risk associated with both can be enhanced together. PrimeXBT offers a wide variety of assets and trading pairs for traders. With the help of Cryptohopper, one can invest in cryptocurrencies that the exchange offers. 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. Some exchanges need to verify these details by asking for proof of identity and a proof of address. Users are provided with 2FA features to ensure account security, mandatory Bitcoin address whitelisting, cold storage of digital assets with multi sig technology, hardware security modules with rating of FIPS PUB 140 2 Level 3 or higher, full risk checks after every order placement and execution, encrypted SSL https to encrypt and secure website traffic, cryptographically hashed passwords, and more. Once your Stop Loss is triggered, it becomes a Market order and is filled as such, taking into account the Spread for a given order size. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. Devexperts have a full suite of platforms for brokers ranging from start ups to the established. English, French, German, Italian, Portuguese, Russian, Spanish, Thai, Turkish, Vietnamese. PrimeXBT offers a comprehensive platform for trading both crypto futures and traditional asset CFDs. Users can use isolated margin and cross margin as well. Availability and Responsiveness of Support. Dieser Bonus soll das Handelskapital erhöhen, kann jedoch wie andere Boni auf der Plattform nicht abgehoben werden und darf nur als Sicherheit für den Handel verwendet werden. With Polkadot’s focus on enabling inter operability among multiple blockchains, we can see those platforms thriving and pushing prices as high as $182.

Introduction to PrimeXBT

During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. Don’t worry, handel na PrimeXBT we don’t spam. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Pricing and Feature list. PrimeXBT stands out in crypto for its simplicity and versatility. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. BitMEX only provides up to 1:100 leverage when traded against Bitcoin, meaning that all profits and losses must be in Bitcoin, even if you are buying and selling altcoin contracts. With a daily trading volume of $375 million on the platform, the platform has seen great success in a very short time.

◾️How can I check the status of my withdrawal? Can I Cancel my withdrawal?

PrimeXBT enjoys a solid reputation within the trading community, with users frequently praising the platform for its advanced trading tools, high leverage options, and responsive customer support. Best regards,The PrimeXBT Team. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. This table provides a quick reference to the key aspects of short selling on PrimeXBT. A detailed table of all trading fees for Global Markets, Crypto Futures and Copy Trading products is regularly updated and provided on the PrimeXBT website. Be sure to check this section regularly to take advantage of special deals. Stock trading can be exhilarating and intimidating for new investors. Donetsk People’s Republic. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process.

FAQ about PrimeXBT Countries

A stop loss order will specify a certain level of price that will trigger the sale of an asset or, in the case of a short position, the buying back of that asset. Receive the latest news and stay informed. Customers can fund their accounts by depositing via bank card or bank transfer. From registration to buying your first Bitcoin and funding your trading account can take place in just a few minutes and clicks, and you can begin your new crypto trading career on an advanced, award winning margin trading platform that offers all of today’s hottest instruments all under one roof. Our human support team is here to help 24/7, in your language. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Forexlive holds no responsibility for any liability, damages, or losses caused in connection with the use of any content on this page. Analysing this metric in this Prime XBT vs Binance US comparison, it’s clear that Binance US has the lowest trading fee percentage of Up to 0. To start interacting with PrimeXBT, you need to open an account on the exchange. PrimeXBT’s trading contests add a fun and competitive edge to trading. Founded in 2018, it currently serves more than one million customers from different countries. Due to these factors, technical analysis can provide a better chance of accurately forecasting the future price of many coins. Ripple distributes all the XRP tokens on a timed, pre determined schedule. Thanks to the TradingView integration, it offers more customization and charting functionality. Next, we will discuss the importance of staying informed and how to keep up with market trends and news. MT5 services are provided by our partner, PXBT Trading Ltd «PXBT», a licensed Securities Dealer in Seychelles under License No. Sign up for a PrimeXBT account, find your referral link in the referral section, and start sharing it. These services are governed by the legal terms and conditions of PXBT. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. While previous development eras focused on decentralization and functionality, the Basho era is about making the network more efficient, using side chains as a sharding mechanism. Dean has an economics and startup background which led him to create Bitcompare. Our clients love how fast and simple our sign up is. Trading volume is another extremely important tool for traders to use to determine interest in an asset. Bitpanda is a cryptocurrency broker based in Austria that launched its service in and offers individuals to buy and sell more than 81 cryptocurrencies. Customizable charts, technical analysis, and leverage trading enhance the experience, creating successful traders anywhere in the world. Registration is free, fast, and requires no personal information, so there is never any risk of private information being leaked or stolen.

Ethereum Price Forecast 2025 2030

Fortunately our team of experts never sit still. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. This review shows PrimeXBT supports big cryptocurrencies like Bitcoin and Ethereum. The platform offers a very limited range of crypto futures markets and conditional orders. If the margin is almost fully utilised due to the market exposure which was the case as it follows from your explanation, even a slight increase in the spread and associated unrealised loss can trigger liquidation to enforce the margin rule as the account’s margin becomes insufficient to maintain open positions. Bybit is a cryptocurrency exchange specializing in margin trading and futures on cryptocurrencies. The specific fee amount depends on the cryptocurrency being withdrawn and can vary due to network congestion and transaction volume at the time of your withdrawal request. And you can also purchase cryptocurrency for your deposit using Baksta affiliate service. These products are not suitable for all investors. Short selling, on the other hand, allows you to profit from falling prices in the market.

PrimeXBT Review – Key Features

The exchange has relatively low trading fees, with tiered discounts for CET token holders. All traders who work with cryptocurrency through the PrimeXBT platform actually open an account with Baksta. Investors are increasingly picking BTC and other cryptocurrencies due to the potential reward. PrimeXBT is a multifunctional platform that is not limited to cryptos, but also allows trading in traditional assets such as equities, forex and commodities. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. The benefits claimed by the developers of the platform are. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. For starters, all web traffic on the Covesting platform is SSL encrypted https. However, insurance coverage is still rare within the crypto industry. Some copy trading platforms may ask you to choose how much of your funds you want to allocate to a specific trader, which helps keep your risks under control. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. 05% for cryptocurrencies, 0. Bybit has become such a reputable crypto exchange that they have attracted institutional investors and professional firms as well as retail traders, despite the fact that they are unregulated. The company is regulated by law and the website has all the necessary legal documents that can be downloaded and viewed. Security is a big deal here, with things like two factor authentication and SSL encryption. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4. Also, their support works perfectly. I trade forex, indices and commodities sometimes. 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. In simple terms, when you trade on margin, you only need to deposit a fraction of the total trade value as collateral, while the platform provides the rest of the capital. Key Features of PrimeXBT Margin Trading. Their Mobile App has a scam to it. MT5 services are provided by our partner, PXBT Trading Ltd «PXBT», a licensed Securities Dealer in Seychelles under License No. PrimeXBT and BitMEX have established themselves as leading platforms in the cryptocurrency trading space. To view our privacy policy read this breakdown. PrimeXBT delivered a seamless trading experience. 🚀 Website: Dive into PrimeXBT’s core info and updates. Here’s a simple guide on how to activate them.

Mobile App

This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. 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. 2 of PrimeXBT’s Terms and Conditions. As of this writing, PrimeXBT does not offer interest bearing accounts. Please be aware that the verification process for customers from South Africa differs from the standard procedure. Some of the factors that influence the prices of cryptocurrencies include the following. 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. However, PrimeXBT is not open to traders in the US, Japan, Canada, or Turkey. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. However, this downward movement is deceptive, as prices suddenly reverse and surge upwards, trapping traders who had anticipated a continuation of the downward trend. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees.

My Key Takeaways After Testing PrimeXBT on Mobile

Moreover, users can conveniently transact in US dollars. Overnight financing fees, also known as swap fees, are charged for positions held overnight. Avoid this exchange altogether. 05% per trade for cryptocurrency transactions. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. News regarding government regulations usually sends the market into turmoil. The PrimeXBT app offers a wide range of technical indicators, including moving averages, RSI, MACD, and more. Top Notch Brokerage Verification was fast Support respond almost instantly Withdrawals are processed in less than 5 minutes sometimes upto 20 minutes Very transparent bonuses and promotions i withdrawn 2 timesBut the CFD web interface need improvement. The best coin for margin trading pretty much depends on your experience level and trading plan. My experience with PrimeXBT have been quite good. Dear Teboho,Thank you for your feedback. You can however use third party services that will allow you to convert Crypto to other currencies, including Fiat, which may then be transferred to your bank.

Risk warning

This allows one user to have a Youtube video, Instagram picture and a Tweet, all in one post. Traders should be aware of a few things. Here are our top two reasons. The exchange hasn’t been hacked up to the point of this writing and is considered one of the reliable and secure trading platforms. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. 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. Once your account is funded you’re ready to trade futures. When you first sign up and make your first deposit on PrimeXBT, enter the code CRYPTONEWS7000 in the promo section. If you combine it with leverage, you can increase your position size. Nothing can be quite as frustrating for a trader than an exchange that takes a long time to respond to their questions or customer support queries, especially when open trades and live money is on the line. If you have a new promo code, this is where you can activate additional bonuses as well. 12 milliseconds on average. Requests before 12:00 UTC are processed the same day; those after 12:00 UTC are processed the next day. The platform allows you to customize your workspace by adding various widgets, ensuring that you have all the tools you need at your fingertips. This can be good or bad, depending on whether or not the trade has worked out. XRP has seen a couple of different major bullish runs over the last several years, but as the Crypto market itself has seen a major «Crypto winter», Ripple has struggled right along with the rest of the market. Many praise the trading technology that makes trading smooth and efficient. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. While some are more straightforward and beginner friendly than others, you shouldn’t encounter any difficulties with either of the top rated exchanges. This has led traders who want leverage or derivatives to seek out platforms like PrimeXBT. In our final thoughts, PrimeXBT shines with its trading tools, low fees, and secure setup.

Futures Fees

Many people took to the PrimeXBT Covesting Module Telegram group and other platforms to extend their thanks and gratitude for this life changing opportunity. PrimeXBT provides educational resources to help traders understand the risks involved and how to mitigate them. The blockchain’s principal cryptocurrency is Ada, a homage to Augusta Ada King, the Countess of Lovelace, who is universally acknowledged as the pioneer of computer programming. The approval of Ethereum exchange traded funds ETFs marks a significant milestone for Ethereum and the broader cryptocurrency market. Cryptocurrency withdrawals typically take 10 minutes to an hour, while fiat withdrawals can take 1 3 business days. In most cases, passwords are retrieved by hackers from earlier leaked password databases from different services. You’ll gain valuable experience navigating the Crypto market without a significant financial commitment. 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. Click «Join» to enter the competition. 3️⃣ After entering your details, hit Sign Up. This review will delve into the key characteristics, advantages, and disadvantages of PrimeXBT’s copy trading feature, and assess whether it is a beneficial investment tool for all levels of users. PrimeXBT also offers low spreads on forex pairs like EUR/USD, which helps forex traders a lot. Join PrimeXBT for flexible trading options tailored to every trader’s needs. For example, the withdrawal fee for Bitcoin is typically 0. No, PrimeXBT does not currently offer any services to residents of the United States. Trading involves risk. By understanding the different verification levels, you can make an informed decision on which level is best suited to your trading needs. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Bitcoin was created by Satoshi Nakamoto, whose identity is still not known to this day. Immerse yourself in the thrilling journey of cryptocurrency trading with PrimeXBT, where acquiring coins or tokens means securing a slice of digital assets like Bitcoin. It would be doing this platform a disservice to not highlight this, at least briefly. That’s a trader’s worst nightmare.

Estado de su Pedido

Many reputable exchanges offer it. Any serious XLM price prediction for 2025 must keep that level in mind. Type above and press Enter to search. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. PrimeXBT’s trading contests add a fun and competitive edge to trading. We have tested the work of support at different times of the day and in different languages English, Russian, Ukrainian and can conclude that managers do not make the user wait long. These fees are pretty competitive when you look around. This comprehensive guide explores the various aspects of PrimeXBT trading, including its features, benefits, and strategies for success. One of the main selling points behind PrimeXBT is the fact that they have leveraged trading for a number of different assets. This transparency allows users to make informed trading decisions, about which traders to follow. These products are not suitable for all investors. Currently trading at about $0.

Can US citizens use PrimeXBT?

Yes, our 4 level affiliate program will allow you to invite friends, family and others to try out the platform. Remember, while the opinions of other traders are a helpful resource, your own experience and comfort with a platform should ultimately guide your choice. Understanding the strengths and weaknesses of each platform is essential for selecting the one that aligns with your trading strategy and objectives. Plus, unrealized profits and losses directly impact your free margin, which can eventually lead to a margin call if your free margin falls below a certain threshold. Our clients love how fast and simple our sign up is. PrimeXBT keeps data safe with top encryption. But there is nothing I can do to get my money back from 2 months of trading. 01 BTC of my personal funds Margin to trade with 1 BTC. Esta entrada fue escrita porJuan Sanchez. We’re here to support your trading success. Instructions on how to get started can be found above, and more information is included below. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. Limits are pending orders that turn into market orders once certain conditions are met, usually the price crossing above or below a pre specified price level. Let’s start by exploring the trading fees on PrimeXBT. Nut and Health Nutricionista Bilbao Nutricionista Zaragoza. Despite this, PrimeXBT still comes out more expensive than other platforms, where you can get a cheaper credit card fee of 2% on Binance and Crypto. As a result, the investment will often look to those countries to expand. Another common mistake among crypto traders is to trade against the trend. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Of course, Technopedia adds that Cardano’s price increase is dependent on the growth of the network, the avoidance of legal issues, the correlation with the general Cryptocurrency market, and a healthy global economy.

SECURE WALLET

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. 1M+ community members. Examples of PII whether about yourself or someone else, can include amount of coins owned, income, taxes owed, addresses, phone numbers etc. Things could soon change for Litecoin, however, as Bitcoin gets much more expensive by the day, and Litecoin remains relatively affordable by comparison. PrimeXBT stands out due to several key features. If you have any questions or need help verifying your account, reach out to our compliance team via email at. To ensure the highest level of accuracy and most up to date information, BitDegree. Robust Security Measures. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. PrimeXBT’s fee structure is another important point. Our clients love how fast and simple our sign up is. By reducing the number of steps and/or wallets and platforms BTC must go through to reach its final destination, there is less room for user error or issues arising from sending to and from one platform to another. Dear DanutaThanks for your feedback, PrimeXBT appreciates your opinion. Your strategy will have many different things thrown at it, like described above, fear and greed will play on your mind and force you to deviate from the plan. Acting as a one stop shop for traders looking to build a diverse portfolio, like forex, crypto, commodities, stock indices, and much more are available. They also have an extremely impressive track record with their universal Crypto signals, covering spot and futures. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. Scan this code to download app. Higher liquidity typically leads to more stable prices and reduced volatility, which is beneficial for all market participants. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Trading involves risk.

Can US citizens use PrimeXBT?

In today’s article, WikiFX will explore PrimeXBT in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service, to help you make an informed decision on whether or not to use this platform. However, there’s one place we recommend above all others for buying $SHIB, and that is Best Wallet. At the moment, an API interface is not available. 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. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Remarkably, this marks the first time in Bitcoin’s history that we’ve observed such a performance, with prices reaching new ATH’s levels before the halving event commenced. PrimeXBT Deposit :On PrimeXBT we offer Direct Crypto deposits from your personal crypto Wallets as well as alternative Deposits via Bank/Credit card/SEPA Transfers. No marketplace activities such as buying or selling crypto, items, accounts etc. It’s advisable to test any strategy on a demo account first to determine which works best for your approach before committing real funds. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Opportunities to adopt blockchain based supply chain solutions could arise from cooperation with logistics firms or large multinational enterprises, improving efficiency and confidence throughout the supply chain. You can also buy cryptocurrencies with debit or credit cards. The risk was only $5 on GBP/USD, and my balance was around $316. As per the aforementioned differences between the two chart patterns, a trader can use them in analysis to yield potential profits in opposite market trends. In practice, Know Your Customer compliance means that crypto exchanges must adopt the following practices. For traders who want to keep their finger on the pulse of the market and not miss opportunities to open profitable deals, there is a mobile application PrimeXBT.