PrimeXBT Affiliate Program

18, 2024 GLOBE NEWSWIRE PrimeXBT, a leading multi asset trading platform, is pleased to announce that it has secured a regulatory license from the Financial Sector Conduct Authority FSCA in South Africa. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. In addition, you’ve defined that you want the RSI to return to normal conditions before placing a trade and that there should not be any important market news scheduled for the day that could ruin your trading idea. You need to select the platform that you will use when trading cryptocurrency. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. You can deposit Crypto including Bitcoin BTC, Ethereum ETH, Tether USDT and USD Coin USDC. Token supply has been a huge limiting factor to its bullish trends. Brand PrimeXBT invest operating since. While Ripple executives claim XRP is decentralized, founders hold a sizable portion of the supply, and the crypto community claims the distribution is too unfair to be considered decentralized. 💬 Had a few hiccups setting up trades, but they helped sort it out fast. Information regarding past performance is not a reliable indicator of future performance. I really can’t fault with the platform for its design or useability. To add a withdrawal address, British users need to access their account, navigate to the ‘Wallet’ section, choose the cryptocurrency they wish to withdraw, and then enter or scan the withdrawal address. To understand how a Forex trade works, we will run through an example that is both profitable, followed by a loss. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. Once you decide it is time to close your position, you can do so by taking a position that will be different from your original one. Traders can take advantage of bullish and bearish market conditions by going long or short. For those preferring to use fiat currency, PrimeXBT facilitates cash deposits via third party providers like Volet and Perfect Money. 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. Trading fees on PrimeXBT consist of maker and taker fees. We appreciate your thoughts on the number of trading instruments. Io, PrimeXBT still delivers a functional and easy to use interface that will suit most people.

Join our global PrimeXBT Community

Opening a trading account with PrimeXBT only takes a few minutes, and you can fund your account with fiat currencies or Crypto like Bitcoin. We are happy to meet the growing demands of top traders from around the globe and provide them with the tools they need to succeed. CFD contracts for the world’s most popular stock indices are also featured on PrimeXBT, and include SPX, NDX, HSI, and many more. 2024 00343, having its registered office address at PKF Corporate Services Ltd. This efficient registration process ensures you can quickly start leveraging PrimeXBT’s robust trading tools and services. Forex markets have a few basic trading strategies that you should be aware of. Click “Trade” to start trading in the tournament on a demo account. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. When using the system, users must have Ether in order to complete a transaction. The feature allows you to compete against one another in a bid to prove your proficiency. With PrimeXBT, buying Bitcoin and other Crypto is just the beginning. PrimeXBT does not charge any deposit fees. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. Investment Bud is just one of many examples users have been reporting in recent days and is among one of the most intricate schemes yet. Bybit also felt more modern, ergonomic, and was more aesthetically pleasing in my opinion and felt more akin to a crypto exchange. Liquidity risk is the risk that you or your followed traders are unable to close a trade at a certain price, within a reasonable amount of time. Akin to an apprentice studying under an experienced craftsman, there is a lot to be learned by studying the trades of a pro. 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. This is not something that we have seen on other charting packages developed by an exchange. Deposits of digital currencies from an external wallet are free. During the late 2017 and early 2018 cryptocurrency hype bubble, few crypto assets or altcoins received as much buzz as. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. To help our readers better understand how each Bybit alternative cryptocurrency trading platform stacks up against one another, we’ve included a comparative table highlighting key information about each platform.

PrimeXBT Affiliate Program Sign up Guide

You can either elect to use a link with your code embedded or to give your referrals your code when they are signing up. You can access our web trading platform on any web enabled device, without having to download any software. High Leverage Forex BrokersVolatility 75 Forex BrokersForex Brokers Accepting PayPalTop Volatile Forex PairsBiggest Forex Brokers in the WorldBest Forex Trading StrategiesLow Spread Forex BrokersBest Currencies to tradeWhy Forex Traders lose money. Just noticed of late that PrimeXBT has increased the spreads exponentially. Once your deposit is received, we’ll credit the Crypto to your chosen wallet or trading account instantly. And with Binance’s futures trading, I’ve expanded into predicting market movements for higher returns. Traders looking solely for the most advanced trading options such as high leverage margin and futures products specific to crypto only will prefer Binance, as it offers many USDT futures pairs that are not offered even on PrimeXBT or on FTX, the other derivatives leader, at the moment. Varies on account type. A good Forex trading strategy is profitable obviously. For example, here are the base margin requirements and resulting leverage for a few of the 41 available cryptocurrency pairs. However, the platform is not currently regulated by any financial authority. That’s why the team at Koinly has rounded up the best crypto exchanges without KYC where there’s either no KYC at all or where KYC is only required over a specific limit. Step 3: Complete the application form. 📸 Instagram: Latest news and updates on PrimeXBT’s Instagram. Something that most traders are no doubt aware of is the risks of “order slippage”. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. PrimeXBT has several features to attract succesful traders, including. Optional KYC and a demo account for practice are also available. Dive into weekly trading contests with virtual funds for a chance to win rewards up to $10,000. As a cryptocurrency Ethereum is a very interesting one as it is seen as the second generation of blockchains and cryptocurrency because it encompasses smart contracts and is part of the genus of programmable blockchains. Select the Crypto you want to withdraw. Margin trading carries risk of capital loss. CoinEx offers a huge range of investments and products, with more than 600 cryptocurrencies available for spot trading, margin trading, and futures trading. On the other hand, a bearish trend occurs when the crypto market declines steadily. Market volatility, trade volume, and system availability may delay account access and trade executions. 📱 Dive into PrimeXBT’s trading app for access to 100+ markets with trades starting from just $5. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders.

PrimeXBT Products

We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. Strategy Managers take the lead, controlling the trading activity of their managed strategies, while Followers seamlessly replicate these trades. It’s worth noting that PrimeXBT accepts only Bitcoin deposits. PrimeXBT is a prominent trading platform that allows users to trade various financial instruments such as cryptocurrencies, forex, commodities, and indices. Com is provided solely for informational and educational purposes. By utilizing the No Deposit Bonus, traders can explore various trading strategies and familiarize themselves with the platform’s tools and features. Furthermore, PrimeXBT stands out from the competition thanks to its competitive spreads and high leverage choices up to 1:1000 for currency pairs. First, there are no deposit fees, though the minimum deposit amount is set to 0. The first video tutorial is, as the name states, a brief platform overview. Understanding these potential charges can help you avoid unnecessary costs and make the most of PrimeXBT’s services. You can use a number of the crypto exchanges without KYC in this list to buy crypto without providing your personal information. The exchange does not currently offer fiat off ramps for withdrawals. Behind some of those projects stand the world’s largest banks, which can provide positive momentum to the coin. We’re thrilled to hear that you find PrimeXBT to be a reliable crypto exchange and that you’re particularly satisfied with the trading experience we provide. A strategy is a pool of a trader’s personal funds which are visible to the public and can be followed by other customers on the platform. However, price movements are often primarily influenced by market fundamentals, which is why you should always have them on your radar. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 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. Since PrimeXBT’s inception, services have been restricted to users or residents of a number of countries globally. The conversion rate is also attractive, making this method favorable to those who are frequently buying and selling on the platform. Product Offering and Functionality. Whether you’re in the US or elsewhere, it’s important to know if you can use PrimeXBT without any legal hiccups.

Get started in minutes

Information regarding past performance is not a reliable indicator of future performance. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. Virgin Islands, Northern Mariana Islands. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. After reading many of the reviews online and testing out the platform myself, it is evident why this platform has accumulated some awards and has attracted millions of users, there isn’t much fault to be found here. Dogecoin price movements are more often than not fueled by speculation, “hype” or often both. PrimeXBT gives up to 200x leverage on cryptos and more on other assets. Keen on helping others navigate the complicated, and sometimes, confusing world of crypto through easy to understand articles, designed for non techies like me. This means that traders only need to put down 1% or 0. 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. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. PrimeXBT Trading Services, S. For users who do not pre own PrimeXBT Crypto, PrimeXBT allows users to acquire Crypto with credit/debit cards, SEPA transfers, and through Coinify. Generally, the thing that takes up the most time for customer support staff is KYC verifications. Here are some important tips to know before trading Cryptocurrencies, along with some added tips for those that have been trading Cryptocurrencies for a while. Even though it is not regulated, it has very few online complaints, and its privacy centred approach maintains client security. Margin trading platforms allow users to trade with borrowed funds, amplifying their potential profits or losses. This shows that the trader is capable of steadily growing his portfolio while avoiding large losses. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. The article adheres to our editorial guidelines for objective review. Unlike most exchanges today, KYC verification is optional on PrimeXBT. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. Bybit has done a pretty good job here, offering early access to NFTs from popular creators. Once you find the deposit section, you’ll be presented with unique deposit addresses for each cryptocurrency supported. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. This additional layer of security helps prevent unauthorized access to accounts. You can trade Bitcoin, Ethereum, Litecoin, and EOS on PrimeXBT, although several more coins exist elsewhere in the market. Correlation Trading 🤓️: Given that you can trade crypto as well as these more traditional assets, it means that you can also structure more bespoke and exotic trades and search for correlations between the likes of the Dow Jones vs Bitcoin and compare it to Gold’s performance and more. By inviting friends or family members to join the platform, you can earn a percentage of their trading fees, providing a steady bonus to boost your trading capital. For instance, BTC withdrawals are pegged at a static 0.

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During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. It automatically tracks the most important events in the finance world CPI rate adjustments, unemployment rate announcements and so on to make the trading strategies of clients more data driven. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. They have also designed this platform around “widgets”. This can be especially painful when trading on margin, as every price movement gets amplified by the leverage. To gain access one month subscription costs $297, the three months cost $397, the seven months $597 and the unlimited subscription is a reasonable $997. We’ll also explain how this app has the potential to expand PrimeXBT’s stronghold exponentially. Deposits in BTC only. You can only withdraw fiat using the same payment method you used for deposits. Of course, even skilled and experienced investors lose money on their investments at times, so you shouldn’t simply follow what other people are doing. If a withdrawal request is submitted before 12:00 UTC, it will be processed the same day. The exchange offers two types of fees: trade fee and overnight fee. 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. Download now and elevate your trading experience on the move. By verifying the identity of its users, PrimeXBT can ensure a safer trading environment and comply with international regulations. Now a very unique trading signals provider – Jacob Crypto Bury, technically a YouTuber, where he shares his market insights and Crypto market analyses. Creating a PrimeXBT account is an essential step to start trading. These products are not suitable for all investors.

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I consider the chart screen to be a platform’s most critical feature, enabling technical analysis and providing a clear view of price action. PrimeXBT has several addresses where you can write to for various issues: legal settlement, partnership, technical support. Understanding the fee structure is crucial for managing trading costs effectively. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Margin trading by extension also gives you the ability to take on more positions than you normally would, because the amount of leverage that you have via a deposit means that you can split up your portfolio into many more positions than without the ability to use leverage. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. Bybit supports more payment methods than PrimeXBT. If you’re just getting started with crypto, you’ll want an easy and reliable way to purchase tokens like BTC. Top website in the world when it comes to all things investing. The minimum deposit on the PrimeXBT exchange is 0. 05% for cryptocurrencies is also lower than that of many comparable CFD brokers, emphasizing its cost efficiency in the competitive market. Market Price and Order Entry. Best regards,The PrimeXBT Team. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide.

Company

This allows you to quickly swap one crypto asset for another on the platform. To engage in leveraged crypto trading options, traders must fund their margin trading accounts in specific digital currencies like BTC, ETH, USDT, and USDC and maintain enough free margin to cover potential negative price fluctuations. An alternative strategy to trading Bitcoin is hedging. The main difference is a decreased block generation time of just 2. The platform also offers forex, stock indices, oil, gas, gold, silver, and more alongside cryptocurrencies, at up to 1000x leverage. Bybit has a lot to offer when it comes to trading tools. Once it is decided how much Bitcoin to purchase, click Buy. This means you can get started with the firm in just a few minutes. Date of experience: 20 February 2024. PrimeXBT places a strong emphasis on security, implementing multiple layers of protection to safeguard users’ funds and data. Unlimited via Perfect Money. If the app is unavailable in your region, you can still access it through direct download from our site. These systems are designed to identify patterns and behaviors that may indicate fraudulent activities. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. One of the common challenges is the rejection of identification documents due to poor quality or inconsistency. Federal Reserve, Jerome Powell, has indicated that the central bank may have reached the peak of its rate hike cycle, which Sciberras thinks could be a catalyst for a bitcoin rally in 2024. 🌟 Hey there, curious investor. $20,000 or equivalent for unverified users. PrimeXBT stands out as a significant player in the cryptocurrency trading world. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. This is because you know that over the longer term, your rules do make money.

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Since 2010, it has become an increasingly popular feature among online financial trading brokers as a way to enable less experienced traders to benefit from the trading decisions of investors whom they deem successful. Trading fees are the primary costs associated with executing trades on PrimeXBT. PrimeXBT is created for all webmasters: whether you have a website or a group in a social network, or you are a well known blogger or a novice arbitrageur. Subscription request. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. In that scenario, if you were to use cash only, your loss would be $2000, or 20%. Depending on the market conditions, it can be a substantial difference. These features aim to improve the trading experience, but their real world effectiveness remains to be assessed as we explore further. 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. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Elevate your trading with PrimeXBT’s margin trading accounts, offering key features that set it apart. Requests submitted before 12:00 are processed on the same day, and after 12:00 are postponed to the next day.

Investing: Not Recommended

$20,000 or equivalent for unverified users. The minimum deposit required varies for each bonus. 0450, indicating early investor interest and optimism. However, it’s important to note that certain geographic restrictions do apply, as dYdX limits access to users from countries like the United States due to regulatory concerns. While the broker deserves credit for publishing an extensive collection of over 350 educational articles, the majority are overly subjective and abstract. As a final step, verify your withdrawal with the link in your email inbox. $20,000 or equivalent for unverified users. Get the most out of PrimeXBT promo codes and personalize your trading to fit your preferences and financial goals. The exchange has relatively low trading fees, with tiered discounts for CET token holders. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Some products and/or services might not be covered by the Compensation Fund. PrimeXBT’s overnight financing rates are very low, at 0. Moreover, users can conveniently transact in US dollars. Data for the calculations is sourced from PrimeXBT’s trading servers, and there could be delays before it appears on the website. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. Make sure you understand the difference between Spot and CFD trading before getting started. Spot Bitcoin ETFs are managed funds that hold assets and allow clients to trade the price of said asset without the obligation actually to own it. Alternatively, trading currency pairs with favorable interest rate differentials can result in positive swap rates.

Placing Trades

2024 00343, having its registered office address at PKF Corporate Services Ltd. Semua data dan tetapan diselaraskan di antara peranti. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. It costs more to execute a full sized EURUSD trade with PrimeXBT than with the typical STP broker. However, due to regulatory requirements and restrictions, not all countries can access PrimeXBT’s services. PrimeXBT is a reliable platform with competitive fees, advanced features, and a strong security record. Since these platforms operate outside of legal frameworks, users don’t have access to safeguards that are standard on regulated exchanges. To reset PrimeXBT back to default settings, go to the platform’s settings menu, locate the option for “Reset to Default” and confirm the reset action. Robinson worked in various industry groups of Investment Banking for Goldman Sachs, Citigroup and Bank of America Securities. $20,000 or equivalent for unverified users. Com does not provide any financial services, including investment or financial advisory services. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security.

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Let’s delve into illustrative examples of successful leverage trades and cautionary tales to gain valuable insights. 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. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. If the market is optimistic about a bullish trend, prices tend to increase, and when the market is spooked, the negative sentiment results in price dips. When following the right traders, copy trading can be extremely profitable. Here we’ll explain futures trading, dive into the details of perpetual contracts, take a closer look at why PrimeXBT is the best platform for trading crypto futures right now, and then walk through how to trade crypto futures on PrimeXBT. Yes, it is safe to use the PrimeXBT Telegram Bot. However, with 5x leverage and a $1,000 investment, you could control a $5,000 position. It really isn’t – basically, the spot market is like going into a store; you go in, choose what you want, pay and leave with with your products. Once you meet the KYC requirements and AML regulations, your data needs to be secure, safe and the infrastructure holding your information maintained to current best practices. Withdrawal Crypto only. Please note that only special contest accounts participate in tournaments, you cannot trade on your real accounts. So obviously you can see the value in this type of token or network. Celebrate Carnival season with PrimeXBT Carnival season brings excitement and celebration to Latin America and worldwide. FTX bankruptcy Chapter 11 9:14 PM. Variety of methods how to top up the account using modern gateways and this is what captivates me for real. These are the account administration section, the information section and the actual trading platform itself. However banks are starting to take this space more seriously and Ripple could potentially rally again. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. Related: How to Convert BEP20 to ERC20 Tokens Guide in 2023. 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. 2024 00343, having its registered office address at PKF Corporate Services Ltd. However, it does not incorporate any third party research tools like Trading Central and Autochartist, which could make its market research content more nuanced and comprehensive. Of course, this also works on the way down as losses are also magnified. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. Platforms use cold storage for the majority of user funds, coupled with multi signature wallets. It not only looks great but also feels incredibly sturdy, which gives me confidence in its durability. I will try to simplify it for you. While this wallet has been confirmed to be one of the cold wallets of the world’s largest crypto exchange, Binance, the crypto firm’s CEO has denied that the addition of these BTCs was a result of a purchase, but was instead, due to user deposits.

MarceloDias

Yes and it’s already happening. But for now, let’s crack into PrimeXBT vs Bybit and determine which one is best for crypto trading. Some links are affiliate links, earning us a commission without extra cost for you. These resources cater to all experience levels, from beginners to seasoned professionals, ensuring that everyone can benefit from the platform’s offerings. For fees, Bybit follows the standard Maker/Taker fee model meaning that they charge traders a fee if they take liquidity off their books and give them a rebate if they provide liquidity to the exchange. Brand operating since. Trade Crypto Futures Contracts incl. As things stand right now, it has not caught on, but the same can be said for Bitcoin. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners.

Gaurav

PrimeXBT organizes global networking events to help partners grow their businesses and connect with other industry professionals. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. Kese Hoga kia hoa kb hoga. It is worth mentioning that PrimeXBT likes to highlight that their whole system is powered by Amazon’s own AWS servers. 01 BTC at the current price of $15,470. The absence of third party materials, such as those provided by Trading Central or Autochartist, limits the broader market perspective available to clients. Natural gas prices can be quite volatile, reaching their peak during winter months and the heating season, and forming a bottom during summer months. 414 Fibonacci price target drawn from the 2021 swing high to 2022 swing low projects a target for this cycle of $9,700 per ETH. My experience with PrimeXBT’s customer support was mixed. Also their customer support is nice. Markets can and will do anything they want to. Zengo recognizes that people often represent the weakest part of a security matrix, and we’ve built that into the wallet’s design. Virtual Assets are high risk products, highly volatile, with fluctuating values. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account.

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Leverage trading amplifies both profits and losses. Examples of PII whether about yourself or someone else, can include amount of coins owned, income, taxes owed, addresses, phone numbers etc. Another thing to consider while trading is protecting the positions with “take profit” and stop loss” orders. For starters, the safest place for your crypto is in a non custodial, cold wallet. This also offers a 25% discount rate for holders of 300 600 BTC, and a 50% discount rate for holders of more than 600 BTC. The forced liquidation of the account is very difficult to overcome. Notably, there are no trust scores from CoinMarketCap and CoinGecko. In the Cryptocurrency Service category. See Crypto Futures market conditions. I tested both versions and found that they offered a smooth trading experience without any significant compromises. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. BingX is a cryptocurrency social trading platform registered in the Republic of ESTONIA. Transfer from Another Wallet. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. Being aware of these fees and planning accordingly can help avoid unnecessary expenses and optimize your trading budget. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. In order to reduce the possible negative impact of breaking news on your trades, you should actively manage your trades and always use a stop loss. Robinson was responsible for transaction execution, business development, strategy, finance and operations across the group. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. This includes all the central support services provided from Norbrook to each of its portfolio companies – Finance, Accounting, HR, Logistics and Administration. Com to continue to provide our services to you for free. Date of experience: July 10, 2024. Based on strict cryptographic principles, Ouroboros offers a secure and long lasting method of authenticating transactions and creating new blocks. If you have Lumens, you can exchange them for yXLM and start earning daily interest payments. Dear KimberlyThank you for sharing your experience on PrimeXBT. Deposits are made through third party services such as Coinify, Changelly, Xanpool, CEX.

Worse

However, when I closed the trade, my balance is still $316. So, why is this arguably the number one bitcoin margin platform. Traders should exercise caution and have a thorough understanding of the risks involved in leveraged trading. Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the most favorable prices. PrimeXBT’s user friendly interface and advanced trading tools make it an ideal platform for day traders seeking to maximize their returns. This is usually expressed as a ratio, which is the rate at which you can take on debt. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. Start of year rush, wow. There may be a large group of traders behind an automated trading strategy. Spot trading involves the buying and selling of financial assets like cryptocurrencies, forex, commodities, or stocks with immediate execution. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. I like the trading environment at PrimeXBT as it delivers a quality niche offering for Forex and cryptocurrency traders. 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. To receive max rewards, encourage your referrals to invite more folks. The platform at PrimeXBT also allows you to deal with leverage easily, as you only must press a few buttons. Using PrimeXBT, you can go long or short on many popular cryptocurrencies at the lowest feasible trading fees, but it is more of a CFD like the product and doesn’t have contracts. Our 24/7 support team here to help. With only around 40 cryptocurrencies supported, they have the majors covered like BTC, ETH, LTC, XRP, DOT and more. You can also sort markets by name and 24 hour change. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. 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. But then that first wave comes. This provides users with a fantastic and passive way to potentially earn profit from experienced traders, as well as diversify one’s trading portfolio. Prime XBT offers over 110 trading instruments, including Cryptocurrencies, Forex, Indices, and Commodities. For each direct referred by the affiliate or indirect referred by his referral client, the affiliate receives from 5% to 20% commission according to the following scheme. Right click on an order to open the drop down menu with the following options. Day trading is a trading style that involves opening and closing trades within the same day. Explore the world of trading with PrimeXBT and unlock new possibilities today. In essence, what seemed like a profitable trade ended up in a loss due to these unexpected charges.