PrimeXBT Review – Margin Trading FAQ

When you go long, you bet on the price going up and if it goes down you lose money on paper. We work with top providers like Fireblocks for cold storage, as well as insuring your funds. However, there is a daily limit of $20,000 or equivalent, unless you’re KYC verified. It will also help you identify if you have accidentally landed on a phishing site of some sort. They include information such as how to place trades, set up stop losses and protection orders, funding your account and safely using leverage. Critically for investors, Cardano has relatively constrained issuance rates, especially compared to rivals like Ethereum. You must be logged in to post a comment. PrimeXBT Withdrawals are equally straightforward, providing a seamless way to manage your assets. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. Twitter: aylerTBMLinkedin. PrimeXBT is an online broker providing leveraged trading to clients across the world.

Getting Started and How to Make a Deposit

Despite the corrections and potential top formation, Litecoin has a strong long term price trajectory and outlook that suggest that Litecoin potential is extremely high. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Glad I have a place to trade any crypto now, no strings, just trading, ty. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. You will be prompted to turn on the front camera on your phone or laptop to take an instant photo a scan of your face. You use a stop loss order to protect losses in your account. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. It is highly recommended to enable this feature to protect your funds. Vincent and the Grenadines, and a recent move and consideration of becoming headquartered in Switzerland, PrimeXBT IS NOT currently regulated or licensed. Best regards,The PrimeXBT Team.

A Better WayTo Trade

Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. This decentralized oracle network, an oracle network is a system which allows the exchange of on chain and off chain data, removes the virtual to https://tradingprimexbt.com/troubleshooting/ real world data barrier which constrains the functionality and utility of the Cryptocurrency market. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. To start trading, clients will need to deposit and this can be done using only Bitcoin minimum 0. Channels for Customer Support. PrimeXBT is restricted in several countries due to regulatory and legal challenges. Here is a look at the margin requirements for the 11 supported indices. The best performance charts are gentle upward slopes with small reductions. The platform’s robust security infrastructure ensures a safe trading environment for all users. CFDs on forex, cryptocurrencies, commodities, indices. Username or email address. Join 1M+ traders who choose PrimeXBT as their go to trading platform. My orders keep getting cancelled because the margin pool for BTC/USD is dried up. Making a Chainlink price prediction is a bit dubious with the current state of Cryptocurrencies and the many competitors that are emerging constantly. Users relying on a “free telegram” channel may unknowingly expose themselves to unscrupulous actors. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. As aforementioned, Bitcoin is the largest cryptocurrency globally by market cap. This would allow developers to code their own bots and trading algorithms to trade on the PrimeXBT platform. Visit the fees section at PrimeXBT to confirm the exact fees on the day. We may receive a commission for purchases made through these links. To hold court with politicians and regulators, assuring them of FTX’s trustworthiness and commitment to level headed cooperation between government and industry to institute reasonable rules and regulation for the space. The platform supports market orders, limit orders, and stop orders, each with its own advantages and use cases. Activate the promo code. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. This feature allows investors to trade long or short, providing an opportunity to capitalize on market movements across various asset classes. Traders can select “add widget” and they will be given a list of different ones to choose from.

Conclusion

Even beginners will find this platform easy to use. By continuously learning and adapting to market conditions, traders can stay ahead of the curve and improve their trading performance. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Any consequent rallies may have the same effect. Followers can earn up to 70% of the profits generated by these traders, making it extremely attractive to those willing to explore and play. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. If you’re looking at applying some scalping strategies, you will have to opt for an account that provides you with rapid processing of transactions. Avoid this exchange altogether. Market turbulence: As evidenced by Dogecoin’s previous performance, the cryptocurrency market has a history of being extremely erratic, and there is a chance that Dogecoin’s price level could drop significantly in the future. There may be a large group of traders behind an automated trading strategy. The leverage ratio defines the relationship between a trader’s margin and the total trade value. It not only looks great but also feels incredibly sturdy, which gives me confidence in its durability. 05% commission applied to the raw spread. 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. Once you have claimed your PrimeXBT Deposit Bonus, it’s crucial to use it effectively to maximize your trading potential.

Profitability

Eventually, the community split, and those who did not accept the hard fork supported only the pre forked Ethereum blockchain, which was later renamed to Ethereum Classic ETC. Our human support team is here to help 24/7, in your language. Once bought, tokens swiftly land in your personal wallet for safekeeping. Open the downloaded file and tap Install to complete the installation. By working with the top market makers, PrimeXBT offers the deepest possible liquidity for minimum slippage. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. Step 2: Open Your MetaMask Wallet. However, the lack of regulation should be considered as a potential risk. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. Unlimited for verified users. When exploring Kraken, you’ll encounter a user interface that highlights a balance between functionality and aesthetics. Depending on the platform you are using, you will find all the details you need to know about short selling. The next step is to check PrimeXBT’s cookie duration, displaying how long a cookie lasts from the last click. BySylvia DurusonDecember 16, 2024, 11:01 pm. This gives the trader the advantage of making money on “borrowed funds”. In our opinion, the presence of a position holding fee makes intraday short term futures trading more profitable for PrimeXBT clients than medium term and long term transactions. This approach ensures that traders of all levels, from beginners to seasoned professionals, can participate in the markets according to their capacity and trading strategies. If you find that you cannot make money trading. Flexibility and customisation. This comes roughly a month after the platform’s monumental merge update. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. In a sense, part of “growing up” for crypto has been that the behavior of the market has switched to a much more traditional correlation.

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Registered Office: Unit 3 Mitcham Industrial Estate, 85 Streatham Road, Mitcham, United Kingdom, CR4 2AP. One of the most popular ways to chart the crypto market is through a candlestick. 📸 Instagram: Latest news and updates on PrimeXBT’s Instagram. Convert Dogecoin to Euro with our easy to use Currency Converter. Date of experience: December 05, 2024. The availability of tools like the CEX. These include cryptocurrencies, commodities, stocks, and indices. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. The following are a few examples of the pros and cons of using one. BTC/USDT 1:200%LTC/USDT 1:150%ETH/USDT 1:200%DOT/USDT — 1:50%UNI/USDT — 1:75%. 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 goal is to inform you about the diverse options available, rather than ranking platforms against one another. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. To view your active bonuses on PrimeXBT, you can follow these steps. What are Initial Coin Offerings ICOs and How Do They Work. Another advantage of leveraged trading, in general, is that it allows traders to short an asset. EToro is a more popular platform, but doesn’t accept cryptocurrency deposits. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Betting it will stay in this range too. Copy trading refers to a special way of interacting with other module users. PrimeXBT’s research content is highly focused, with a strong emphasis on the crypto market and emerging trading opportunities in popular cryptocurrencies. From under $1, ETH rocketed to $1,400 per coin, only to fall by 94% to $80 each. I have no bonus found.

How to Install the APK

Returns or profits may be subject to capital gains tax. 01, it could fall to around $0. Do not reveal personally identifying informationPII, otherwise known as doxxing yourself. However, it’s important to note that reaching such heights would require significant developments in Ripple’s technology and partnerships, as well as a broader acceptance of cryptocurrencies in the global financial system. In the next section of this PrimeXBT review, we will look at the key features of the platform. This website does not replace a personal financial advisor, which should be consulted for investment or trading matters. I asked them how on earth I could have a profitable trade but have my equity drop, and they acted like I did not even ask that but answered a distraction question I did not ask. The support and resistance levels can change drastically. And you can also purchase cryptocurrency for your deposit using Baksta affiliate service. A clear indicator towards the legitimacy of an online broker would be the regulations that they abide by alongside the insurance that is placed on your funds. Now, let’s consider a contrasting scenario where a trader, fueled by FOMO fear of missing out, rushes into trade positions without proper planning or use of any technical analysis. What is more, when compared to other market participants, PrimeXBT’s trading fees are reasonably low. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. PrimeXBT only supports USD for fiat deposits and withdrawals, making it less convenient for users with other local currencies due to conversion fees. The numbers in this chart are only illustrative and subject to change over timeRound turn commission. Unlimited via Perfect Money. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. Virtual Assets are high risk products, highly volatile, with fluctuating values. With the same scenario, the trader could have put in a buy limit order to buy Ethereum at $1325. After reviewing these 5 platforms, our crypto specialists Ben and Mary have shown the strengths and weaknesses of each exchange—whether it’s Coinbase with its simplicity and security, or PrimeXBT and BYDFi with their advanced features and high leverage options. PrimeXBTs “Academy” is an educational resource center to help traders become more informed and confident in their trading decisions. MT4 BrokersMT5 BrokerscTrader BrokersZulu Trade BrokersFutures Trading PlatformsSocial Copy Trading PlatformsBinary Trading PlatformsBest Forex Robot Traders. 2 of PrimeXBT’s Terms and Conditions. Coin Bureau readers who sign up to PrimeXBT can receive a 35% bonus if they sign up with our sign up link. PrimeXBT’s copy trading technology lets you mirror the strategies and benefit from the results of the platform’s most skilled crypto market professionals. However, there is no real momentum at the moment, which makes sense as Cardano tends to be more methodical in its evolution. PrimeXBT platform interface consists of 5 main sections. Following a VIP tier level, here is what traders on Bybit can expect to pay for trading fees. The payment methods are Advcash, Bank Transfers, and ZEN. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List.

Which platforms does PrimeXBT offer?

Regularly review your performance and diversify. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. Check out our Welcome Bonus FAQs here. Over the last few years,. Yes Bitget offers fiat on and offramp services via third party integrations. PrimeXBT integrates TradingView charts, which is a nice feature. In order to make any movements from the cold wallet to the hot wallet, they make use of multi signature access that needs to be executed by multiple employees. So Monfex is targeting newbies in particular, although the platform is also suitable for professional traders. If you have any suggestions or need assistance, please don’t hesitate to contact us at support@helBest regards,The PrimeXBT Team. In addition, the website states that the exchange does not attract customers from the UK and EU, however, does not prevent residents of these regions from registering.

Install the APK:

The platform is friendly and the trading engine is easy to learn. PrimeXBT is also home to the copy trading module, connecting followers with skilled strategy managers, allowing them to copy the trades of more skilled traders, and earn alongside them. Lower leverage provides more controlled exposure, reducing the risk of large losses but also limiting potential gains. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Vincent and the Grenadines, Canada, Cuba, Algeria, Ecuador, Iran, Syria, North Korea, Sudan, United States Minor Outlying Islands, American Samoa, and the Russian Federation. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. The exchange charges a 0. This website does not replace a personal financial advisor, which should be consulted for investment or trading matters. The social trading sector features four distinct sub sectors, catering to various demands of social traders. Understanding how margin works is crucial. Traders should exercise caution and have a thorough understanding of the risks involved in leveraged trading. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. CoinEx is a no KYC exchange that serves users globally including in Europe, North America, and Australasia. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. If you trade a great deal of volume on an exchange, then these fees add up on a cumulative basis. Before you can successfully place your first Bitcoin trade on the PrimeXBT trading platform, you need to understand some important concepts and trading terms. Best Forex Brokers in NamibiaForex No Deposit BonusNamibian Dollar Forex Trading AccountsBest Trading AppsForex Trading for Beginners. Privacy Policy Terms of Use. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. You’ll need to open the email and click the link. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns.

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Information regarding past performance is not a reliable indicator of future performance. 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. The exchange recently released its tiered fee structure for those traders who do a considerable amount of volume on the platform. Our support team is composed of professionals who are ready to assist you with any inquiries you may have. 4% taker fees on their API fee schedule, and fees decrease as trading volume increases. Overall, PrimeXBT is nowhere as near refined as the best crypto mobile apps. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Read next: Best exchanges to research in 2024. Five years from now, MATIC should continue to increase in value, with most people believing that the price of Polygon should be somewhere in the neighborhood of $3. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. Our website uses cookies. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Regularly review your performance and diversify. However, they are not necessarily helpful when it comes to protecting your account because if you have a limit order being used as a stop order, the price can jump over your trigger price, perhaps leaving you exposed. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. When customers navigate to the copy trading area of the platform they will be presented with a long list of traders, their trading performance for the past 24 hours, and their longer term performance. Zameer Attar Nov 07, 2024. Date of experience: December 13, 2024. Additionally, withdrawals to a bank card come with a hefty 5% fee. By blending an institutional grade trading engine with interfaces tailored to retail users, PrimeXBT satisfies the needs of novice and advanced traders alike. You can customize the calendar to see only the most important fundamental news with the greatest potential impact on the market. No minimum payout with weekly payments via PayPal. Despite being a relatively recent addition to the crypto scene, PrimeXBT has grown exponentially in the years since its launch and currently has users all over the world in over 150 countries. Each instrument trades differently, and if a trader is experienced with Bitcoin trading, why not leverage the experience from someone who is an experienced forex trader. It has a daily average trading volume of $545 million which should give you some idea of scale.

Risk warning

Benefits and Risks of Margin Trading. All you need to use Changelly is a non custodial wallet like Exodus, Ledger, or MyEtherWallet and more. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. However, any withdrawal requested after 12:00 UTC will be processed on the following day. The car manufacturer received close to $950M in exchange. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. I tested both versions and found that they offered a smooth trading experience without any significant compromises. You then multiply 60 points by two CFDs to get a profit of $1200. This feature can lead to big wins, with some strategies offering up to 75% profits. If it were to happen again, the next dip related to reducing risk before the election could be the most lucrative opportunity to long Bitcoin in history. However, it lacks spot, margin, P2P, and bot trading options, making it less suitable for inexperienced users. For more advanced and sophisticated traders who want to extract the most out of their trading strategies, there are also crypto derivatives platforms, such as PrimeXBT. Find 9 alternatives, competitors, and apps like PrimeXBT from a list of Crypto Exchanges in the Alchemy Dapp Store. The support team is amazing , I recently had an issue and they responsed and fixed it immediately. The fees on PrimeXBT can be categorized into several types, including trading fees, overnight financing fees, and withdrawal fees. Our content remains unbiased regardless of affiliates. Date of experience: July 14, 2024. The platform’s mobile app replicates these features, providing a seamless trading experience on Android devices. If you seek solution for trading crypto futures, then Primexbt cryptotrading is smth you need. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. Report rules violations.

Brokeree Expands Social Trading to cTrader in Platform Push

Uptrends are characterized by higher highs and higher lows, while downtrends form with consecutive lower lows and lower highs. We strive to ensure smooth transactions, but occasionally there might be sometimes delays. I reviewed PrimeXBT’s legal documents and found that everything was in order. The broker also offers crypto futures on its other trading account. The account really gave me insight into how the real trading account is and it was free so I wasn’t risking my capital or anything. The information provided here is not an invitation to buy or sell products, nor is it an invitation to make an investment or trading strategy. For a complete list of restricted regions, refer to Section 1. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. In particular, decentralized exchanges may be more secure than centralized exchanges due to their non custodial nature. Despite its extensive services and growing user base, there is no publicly available information on specific individuals tied to PrimeXBT. Look for user reviews, security features, and trading fees. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews articles and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union. The trading of leverage offers a lot of opportunities but is to be used professionally. Our website uses cookies. PrimeXBT operates as a Straight Through Processing STP broker without a dealing desk. Learn more about Baksta’s Legal Terms. When dealing with my Xperience trading assets like Bitcoin, the sysftem is easy to maneuver and trading is quite a breeze. Given that PrimeXBT has developed a highly efficient trading engine, they are able to execute orders at below 7. Members include Microsoft, Intel, J. The minimum order size for Bitcoin is 0. Always prioritize the security of your funds and personal information while trading on any platform. Some security features include. Visiting the Deposit section will bring up each individual wallet as usual. Simply navigate to the BTC/USD pair and click “Trade. To ensure secure processing of withdrawals, payments are made daily between 12:00 and 14:00 UTC Coordinated Universal Time. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. It’s great to hear that you found the process engaging and beneficial. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken.

Up to $7000 Tradable Bonus on your First Deposit💰

Similar to Bybit, the UI/UX is clean and easy to navigate, with drop down menus that make finding your way around a breeze. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. And in addition to these advantages, comissions are minimal. PrimeXBT will issue what is known as a “margin call” if the amount of trading capital does not cover credit risks. The bull market would then kick into high gear in the years to follow. WTI is West Texas Intermediate oil and comes from the US. The initial coin offering for the COV token took place in November and December of 2017. To verify your account, just click on ‘Settings’ from the Account dropdown menu. Our clients love how fast and simple our sign up is. Bybit is also clear that it may require KYC to approve withdrawal requests at any point. 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. For example, in the EUR/USD pair, the Euro is the base currency and the US Dollar is the quoted currency. 1% of the required capital in order to take out that position. PrimeXBT provides 24/7 customer support via live chat and email. If you have any further feedback or need assistance, please don’t hesitate to reach out to us at. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. PrimeXBT Trading Services, S. 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. For those traders who are more technical, they may prefer a broader range of order types and functionality. In the next section, we will discuss the importance of regulatory compliance and how PrimeXBT ensures a secure trading environment for its users. Leverage is a powerful tool for professional traders but can cause significant losses if used recklessly. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. The amount of the overnight financing fee depends on the asset being traded and the size of the position. As mentioned, the maximum leverage on PrimeXBT is 1:200 for BTC and ETH pairs, with other crypto pairs varying between 1:5 to 1:50 and up to 1:1,000 on some of their forex pairs. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. Make sure you understand the difference between Spot and CFD trading before getting started.

Exclusive Crypto Deal List of 2023

Phemex launched a novel spot trading service with zero fees in May 2020. To further downplay its usefulness, there are limits on the volume that can be swapped daily, even for verified users. Rewards: Account holders can earn rewards via the Rewards Center. Com or you can contact us in the chat room on our website. 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. Bitcoin is considered digital gold, digital money, a hedge against inflation, and more. Join now to maximize your earnings with Privy. PrimeXBT is a trading platform, offering a ‘one stop shop’ solution with numerous products and services combined in a single account with an intuitive and user friendly interface: Margin trading platform, Covesting module, Turbo platform. Supported CFD Indices include the ASX 200, DJIA, Euro Stoxx 50, CAC 40, DAX, FTSE 100, Hang Seng Index, IBEX 35, Nikkei 225, Nasdaq, and the SandP 500. Much of the content focuses on topics like “Which is a better investment: Bitcoin or Gold. A dynamic trading platform that offers a blend of cryptocurrency, forex, and CFD trading with advanced features like copy trading and customizable contests. These products are not suitable for all investors. PrimeXBT members enjoy exclusive discounts on various products and services, including up to 20% off select items and early access to special promotions. You get to pay with card or crypto. This means usually transaction takes between 5 to 40 minutes to complete, depending on network conditions. Copy trading, by its nature, is a feature that allows inexperienced traders to mimic the strategies of successful ones. However, the broker does not provide Islamic accounts for swap free trading. The app offers advanced charting tools, technical indicators, and secure account management, ensuring a seamless trading experience. You should engage in any such activity only if you are fully aware of the relevant risks. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Made with ❤ by Peachy 🍑. Of course most of their competitors claim to be the best crypto signals providers as well, so take that claim with a grain of salt. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Date of experience: July 03, 2024. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Furthermore, the concern about a lack of Russian Crude has made trading a bit more difficult. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Please contact for individual trading conditions.

Open free account

You will not benefit from the protections available to clients receiving regulated investment services. These will often be green bars for a rising price, and red for closing, although – they can be any color the trader chooses to use. If you are looking for a leveraged cryptocurrency exchange with relatively advanced technology, transparent and low fees, and strong security procedures then it should be considered. The covesting feature is a game changer. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken. To activate a promo code on PrimeXBT, log into your account and either go to the ‘Hub’ section and enter the code under ‘Promo code’, or use the ‘Margin’ page. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Log in and add funds into your account in the promo code field by typing ‘TMMBONUS. For starters, the safest place for your crypto is in a non custodial, cold wallet. It offers a wide variety of charts, indicators, and trading tools that help traders make well informed decisions. As of now, PrimeXBT doesn’t mandate KYC for US based users. If you need any support or wish to share more about your trading experiences, please don’t hesitate to reach out at. Each instrument trades differently, and if a trader is experienced with Bitcoin trading, why not leverage the experience from someone who is an experienced forex trader. Use advanced risk management tools to limit potential downsides. They value the privacy and anonymity of cryptocurrency. Market volatility, trade volume, and system availability may delay account access and trade executions. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. There apps was not good. However, depositing or withdrawing fiat currency will require KYC identity verification. 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. All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. It is only web/SaaS based.