PRIMEXBT Promo Code — 50% Off Sitewide in July 2024

Launched in 2018, PrimeXBT service represents a textbook example of a battle tested feature rich crypto futures trading platform with advanced tooling and unmatched security design. Generally, the thing that takes up the most time for customer support staff is KYC verifications. That said, PrimeXBT does offer access to global stock indices, forex pairs, precious metals, energies, and others in addition to crypto. To take advantage of and claim the Welcome Bonus offer. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. Currently, the currencies supported by PrimeXBT are Bitcoin, EOS Token, Ethereum, Litecoin, Ripple, among others. Typically, for security reasons, trading platforms like PrimeXBT do not allow you to change the email address associated with your account directly. Deposits and Withdrawals. Additionally, POL ex MATIC’s value is boosted by its role in enabling fast, cost efficient transactions on the Ether network, making it a critical component of blockchain scalability​. To the left of this is the option to switch from a candlestick chart to a line graph or bar graph. Everything is clear here, even though I’m completely new to this business and I don’t understand a lot. For on demand analysis of any cryptocurrency, join our Telegram channel. The full list of new trading pairs can be found below. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The spread, or the bid ask spread, is the difference between the sell bid and buy ask prices of an asset. Customer Due Diligence CDD may be initiated at any time to verify identity or source of funds, safeguarding against misuse and ensuring adherence to Anti Money Laundering AML requirements. Bybit flaunts a modern interface with an intuitive design, aiming to ensure you enjoy a seamless trading experience. 1 Turbo prediction interface – change chart settings and make predictions. Trade the Futures market with perpetual contracts on popular Cryptocurrencies like Bitcoin and Ether, with flexible funding rates and low Maker/Taker fees. The platform offers a multitude of advanced features, competitive fees, various trading preferences, and robust security measures. This can be good or bad, depending on whether or not the trade has worked out. This would surely go a long way to reassure OKX customers that they can safely trade on their platform. However, PrimeXBT has an edge if the user seeks to trade other instruments such as FX, commodities, and global market indices. Pro Tip 📲: Traders can use the PrimeXBT Telegram Bot which will send them price alerts, open positions and executed orders.

The 1 Copy Trading With PrimeXBT Mistake, Plus 7 More Lessons

Whether you are a trend following trader, day trader, or HODLer, PrimeXBT’s trading platform allows you to seamlessly execute your trading ideas with extremely low fees. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. The platform offers a very limited range of crypto futures markets and conditional orders. A trade on the GBP/USD CFD contract has a margin requirement of 0. For instance, funding fees for BTC on Binance and Bybit were both 0. 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. In march 2024, Tesla CEO and Dogecoin enthusiast Elon Musk also hinted at the possibility of Dogecoin becoming an accepted payment method for the electric car manufacturing company. Review collected by and hosted on G2. Referral System: PrimeXBT offers an affiliate referral system that allows users to earn 20% by referring new users to the platform.

Regulatory Perception and Stance on Cryptocurrency KYC

It can be very beneficial, but it can also be very detrimental if you are not careful. Akin to an apprentice studying under an experienced craftsman, there is a lot to be learned by studying the trades of a pro. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. 35350 = 25 point loss. This causes a slight delay in funds being available in the account. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. Additionally, affiliate partners like financial bloggers and influencers might provide unique promo codes. So, is PrimeXBT the exchange for you. Leverage is 1:100 for cryptocurrencies and Prime XBT vs Binance up to 1:1000 for fiat currencies. No, PrimeXBT is not available in the US. These users are made up of skilled traders who enjoy a lucrative 10% of the profit earned by each of their followers, and users who want to copy the trades of skilled traders for some passive income. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The platform’s trading fee of 0. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK.

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The funds are simulated and thus the trades can be as big and as brash as necessary in order to experience the true feeling of Day Trading and to feel what it is like to win big, and lose big as well. Create a FREE account and. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. PrimeXBT utilizes extensive cyber security implementations to ensure that strict measures and practices are in place to protect customer funds against risk. Vangie BealTechnology Expert. While this can amplify your gains, it will do the same for losses. This provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. PrimeXBT wins in fees, and has fiat withdrawals. Perfect Money is an online financial service enabling instant payments and secure money transfers, ideal for PrimeXBT traders to fund their accounts with fiat currency. This may sound complicated at first, but by the end of the article, margin trading will be crystal clear to you. 05% depending on the asset type Mandates careful risk management, as leverage is pretty high. Yes, overnight fees are charged daily for positions held open beyond the trading day. We wanted to show our clients how much we appreciate them and offer them a way to explore the new. Sign in to your account. Dear Franco,It’s great to hear that your account setup went smoothly, and you’re exploring the different trading modes available. PrimeXBT is promoting a wide range of trading tools, high liquidity, high security, and a very efficient trading environment for its clients. Opportunities for advancement and career growth. The exchange has pages in popular social networks: Instagram, Facebook, Twitter, as well as on YouTube, Reddit, and Discord. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. Forexovernight fees have been slashed to around 0. Making a deposit is simple, by either copying the BTC address associated with your account or by scanning the QR code. Trade volumes of $700,000+ CFD and Crypto Futures. This reflects a cautious outlook, emphasizing short term market fluctuations and monitoring market trends for informed investment decisions. Join us at Booth 105, Dubai WTC. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. A simple example would be that you have $10,000 in your account and want to buy shares in Company ABC. Learn more about Baksta’s Legal Terms. If you’re looking for a safe, secure, and regulated environment to trade cryptocurrencies, then PrimeXBT isn’t the right choice. Understanding these steps is essential for completing the KYC process smoothly and efficiently. Still, their 24/7 support means help is always ready, anytime.

Account Security Measures

In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. It’s geared towards experienced traders and offers features like copy trading and customizable interfaces. The PrimeXBT web platform offers a sleek look and user friendly interface. Hedging is an advanced risk management strategy that requires some trading experience before you know how and when to apply it. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Trading is designed to be intuitive, even for beginners. 23, while the closest long term horizontal support is $0. When evaluating no KYC crypto exchanges, it’s important to consider factors such as security, fees, and liquidity to ensure a safe and efficient trading experience. PrimeXBT is a sophisticated online trading platform that offers a range of financial instruments across multiple asset classes such as cryptocurrencies, forex foreign exchange, commodities, and stock indices. Users can access various asset classes such as stock indices, commodities, forex, and metals, all within the same platform. The highest possible leverage is automatically applied when opening a position, and you can control it by selecting the size of the position. 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. Additional terms may apply to free offers. On PrimeXBT, you can currently trade 30 trading pairs across 1 markets. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. This lets users make the most of market trends in different digital currencies. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. The design of PrimeXBT’s platform is sleek and minimalistic. It is also a multi faceted thing as it requires the use of certain trading plans when the market is going one way, and then a change in tact when the market reacts differently. This depends on the platform.

How does PrimeXBT OCO work?

Crypto Deposits: PrimeXBT offers free crypto deposits. This primexbt review of mine is long overdue, lol. In this article we cover futures trading in detail, see why PrimeXBT is the best platform for trading futures, and give a step by step guide for how to trade crypto futures on PrimeXBT. At the same time, clients have access to the following terms and conditions. Commodities and indexes have a larger variation in trading hours due to local trading hours. How to use 2FA 2Factor Authentication, in this 2FA 2Factor Authentication Two Factor Authentication tutorial I will help you. 3 billion fine for failing to comply with AML regulations. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards. Advanced trading concepts can be confusing for beginners. PrimeXBT’s diverse selection of traditional asset CFDs allows you to manage risk effectively while capitalizing on various market opportunities. Visit our Help Centre. Virgin Islands, Northern Mariana Islands.

We’re open to all

It’s crucial to pick a trustworthy broker to trade through. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. Something impressive about this platform is that they handle over $540,000,000 worth of trade volume every day. If your deposit shows as ‘Completed’ but the funds are not visible, refresh your account and check again. Established in 2018, PrimeXBT Trading Services Ltd PrimeXBT has emerged as a versatile online exchange platform catering to diverse trading needs in Commodities, Cryptocurrencies, Forex, and Indices. These services are governed by the legal terms and conditions of PXBT. Copy trading is a great way to get into crypto without needing to be an experienced trader. It’s similar to using a lever, a simple tool that amplifies the force you exert.

Trading Fees

Take the time to carefully choose your traders, manage your risk, and stay informed, and you’ll be well on your way to becoming a successful copy trader. In order to do this, you will need to provide them with an email and password. 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. PrimeXBT has implemented measures to minimize order slippage, ensuring that trades are executed at the best possible prices. PrimeXBT offers several features that set it apart from other trading platforms. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. One of the main advantages of the platform is copy trading the ability to automatically copy other users’ trades and earn passive income.

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Trade volumes of $150,000+ CFD and Crypto Futures. On our Crypto Futures platform, you can easily change the leverage for any of your open isolated margin positions, from 1x up to 200x. PrimeXBT review is an emerging cryptocurrency exchange based and registered in Seychelles. Custom scripts and ideas shared by our users. As I mentioned during. FTX bankruptcy Chapter 11 9:14 PM. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. This bonus can be an excellent option for traders looking to increase their trading capital, but it is important to remember the withdrawal limitations and the need to manage your account carefully. 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. Engage in Crypto, Forex, Commodities CFDs, and Indices CFDs trading. To receive a full five star rating, accounts must perform five distinct actions.

MEXC Review

However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. The Forex market can move based upon a multitude of unforeseen factors, so testing a methodology is going to be crucial. By employing these risk management strategies, you can approach Bitcoin options or any leveraged trades or Futures contract with a more informed and cautious perspective. In an environment where security breaches can have devastating consequences, the platform’s commitment to robust protection measures is commendable. From its inception, PrimeXBT aimed to bridge the gap between traditional financial markets and the burgeoning world of cryptocurrency trading. They also do not offer any downloadable PC client program to trade on, the platform is browser based only. PrimeXBT supports a wide range of cryptocurrencies, including major coins like BTC, ETH, and LTC; leading meme coins such as DOGE and SHIB; and popular coins including TON and SOL. Both exchanges have optional KYC, and fiat deposits. Head to PrimeXBT, sign up, enter the promo code TECHOPEDIA7000, and make your first deposit to maximize your bonus benefit. From what we conclude that for the entire time of the project’s existence since 2018, it has not had any security problems. The exchange has licenses, but its activities can not be called officially regulated. It should also be noted that they managed to get the Ethereum price target correct to the upside in 2022 before the market fell. Download the PrimeXBT iOS app to trade on the go, monitor markets in real time, and manage your account from your iPhone. From there, you can choose the asset you would like to view.

US dollar

Manage risks with stop loss and take profit orders, and earn in BTC, ETH, USDT, USDC, COV, and USD for flexibility and diversification in trading and profits. 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. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. The world’s most popular stock indices: NAS. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. XRP was created by Ripple as far back as 2012 with a pre mined max supply of 100 billion tokens. Proper trading analysis with charting tools can be the difference to being uninformed or trading empowered by data. This necessitates effective risk management, especially for inexperienced traders, emphasizing the need for caution and responsibility when dealing with crypto futures. Though, where PrimeXBT is pretty cool is that they also offer forex trading, commodities like gold, silver, oil etc. Fundamental Analysis: Natural gas futures started the week lower, a new multi year low. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Naturally, in this PrimeXBT Crypto Futures review, I’m focusing on the platform’s derivates services, but it should not be ignored that PrimeXBT copy trading is also a major part of its ecosystem. PrimeXBT Trading Services, S. This action will bring up the order modification pop up. With multiple support channels and a rich array of educational materials, PrimeXBT provides a supportive and informative environment that caters to the needs of traders at all levels. Analytical articles can be found in the “Blog” section of the company’s website. When it comes to crypto, PrimeXBT has a more modest range than some of the other exchanges in our list, including Bitcoin, Ethereum, Litecoin, XRP, and EOS. The fees for withdrawals are as follows.

TRADING

Users don’t need to enable 2FA on their phone although it is highly encouraged. EToro employs a different fee model, with no commission on stock trades and competitive fees on other assets. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. Thank you for acknowledging the efforts we’ve put into creating a diverse and supportive trading environment. In general, you must pay either capital gains tax or income tax on your cryptocurrency transactions on PrimeXBT. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Alternately, you may utilize the section in the chart’s upper left corner, just below the pair’s name. 0 addresses a lot of the growing pains of Ethereum, it has been somewhat slow to roll out. Email Newsletters and Forums.