PrimeXBT Review 2025

PrimeXBT operates under a regulatory framework that includes anti money laundering AML laws, know your customer KYC requirements, and data protection regulations. 🚀 Website: Dive into PrimeXBT’s core info and updates. PrimeXBT integrates TradingView charts, which is a nice feature. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. For instance, users get a 100% bonus of up to 1 BTC and 100 free spins with fair wagering requirements on their first deposits. For example, BYDFi processes withdrawals in less than 1 hour, while Coinbase can take between 24 and 72 hours depending on the method. Download now and elevate your trading experience on the move. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. CoinCodeCap offers crypto signals with entry points, profit targets and stop loss levels.

Criminals, Fraudsters, and Scammers Are Impersonating PrimeXBT

1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Anti money laundering measures, adherence to federal regulations and keeping up with the evolving international guidelines regarding these issues, ensures that the crypto industry continues unencumbered. Common Complaints and Issues. No demo accounts to its new customers. It has a market capitalization of @ and trades under the ticker @. Currency trading on PrimeXBT Partnership margin involves high risk, and is not suitable for all investors. This is an alarm bell for many, as it means there is no authoritative body to hold the platform accountable or enforce any sort of laws or rules. This fee structure helps traders plan their costs better and manage their money more effectively. Hence, its fees are linked. The real shady brokers won’t let you withdraw your money or will try to stall payouts. The fact that each coin costs less than a dollar means that new investors can spend as little as $10 — on some platforms — and have in their possession a number of XRP coins. Verify that the promo code has been applied and check for the activated benefits. Additionally, traders can use a range of cryptocurrencies for deposits and withdrawals and as their account’s base currency. By providing these features, PrimeXBT ensures that followers can maximize their potential returns while managing their risk effectively. That is one of the reasons why here at the Coin Bureau, one of the ways we strive to help our community is by streamlining the process and helping folks find the right exchange that is best for them. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Trade Crypto Futures Contracts incl. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. This is a kinda versatile trading platform. It’s key to know and use the risk management tools and strategies available. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets.

A Better WayTo Trade

We’re here to help you make the most of your trading experience. PrimeXBT Trading Services, S. Of course, it is difficult to be the one that unlocks a new block, and the set up fees in terms of buying mining equipment is expensive to begin with. You can also set stop and limit orders to protect you from taking a huge risk. Throughout this article, we’ll explore the mechanics of leverage trading and how it works in the Crypto world. Keep in mind that margin can magnify losses as well as gains, so this is something that should be thought of ahead of time. It’s critical to remember that market dynamics, investor mood, and overall adoption within the cryptocurrency ecosystem all have an impact on Cardano’s value in addition to real world uses. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. PrimeXBT’s tiered account structure ensures that traders of all levels have access to the tools and resources they need to succeed. Hold your investments in a cryptocurrency exchange, custodian, or digital wallet until you’re ready to sell, making crypto trading a strategic and flexible endeavor. Overall, I concluded that PrimeXBT is a good choice for casual crypto traders. Registration is swift at PrimeXBT, taking one minute or less, and requires only a 0. This site contains affiliate links to products/services. Comments: This software has helped me solve my payments issues with clients and co workers within my firm and also in volunteer fundraising.

Resources and Trading Tools

Open the downloaded file and tap Install to complete the installation. The future of Shiba Inu’s value is uncertain and so are the Shiba Inu price predictions by the experts. 2024 00343, having its registered office address at PKF Corporate Services Ltd. After registration has been completed, PrimeXBT requires a minimum deposit of 0. If there is high demand for a specific raw material, prices go higher, and of course, the exact opposite is true. Additional opportunities with cryptocurrency. Smart Contracts and DApps: Cardano’s introduction of smart contracts has opened the door to a burgeoning ecosystem of decentralized applications DApps. It seeks to join various blockchains into a single network, facilitating asset transfers and cross chain communication. As with any investment, it’s crucial to conduct thorough research and consider your financial goals and risk tolerance before investing in XRP. Unrecognized or Partially Recognized Jurisdictions. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. Margin trading is a strategy involving using borrowed funds, also known as “leverage,” to increase your buying power. Last updated 3 months ago. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. Enjoy the precision of having trades executed in almost an instant. PrimeXBT empowers traders to go long or short with leverage.

The seasonal patterns of Bitcoin and the theory behind cryptocurrency market cycles

The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. These additional protective barriers diminish the risk of complete account wipeouts. The broker does not provide any share CFDs or lower risk securities e. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. They are a fully anonymous exchange which can be advantageous for those traders that value their online privacy and would not like to send over personal documentation. Just like its comparison with OKX, these are two completely different animals roaming in a small sliver of shared space known as crypto. Below is a step by step guide to creating an account on PrimeXBT. Everyone loves to hate the coin, so when it takes off, it puts haters in their place. If the app is unavailable in your region, you can still access it through direct download from our site. However, there were a few areas of disappointment. Yes, each asset may have its own minimum trading amount. The exchange offers some of the lowest commissions in the crypto market, as well as convenient and modern trading terminals available anytime and anywhere. Trade Crypto Futures Contracts incl. The platform’s fee structure is an essential aspect to consider, ensuring that traders can plan and execute their strategies with all necessary information at hand. Using the bonus effectively requires a clear strategy. Best regards,The PrimeXBT Team. Yes, our 4 level affiliate program will allow you to invite friends, family and others to try out the platform.

What is a financial instrument?

Typically, for security reasons, trading platforms like PrimeXBT do not allow you to change the email address associated with your account directly. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Our robust ecosystem includes Crypto Futures, Copy Trading, and Global Market trading across Forex, Commodities, Stock Indices, and Cryptocurrencies. However, it’s essential to remember that all investments carry risks, and past performance is not indicative of future results. However, it’s important to note that the terms and conditions of each promo code should be checked before use, as some may have specific requirements or expiration dates. I don’t know how old your article/review is but I suspect things are stacked against the trader here. Traders should factor these fees into their overall strategy to avoid unexpected costs. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.

Is Ethereum a good investment?

A Forbes headline from 2018 reads, “Ripple Could Be The Next Bitcoin. By staying informed about these factors, traders can make more accurate calculations regarding their trading costs. At PrimeXBT, we’re committed to providing a straightforward and efficient trading experience, and we’re glad it’s working well for you. 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. In December 2021 the MyCryptoWallet exchange called in liquidators. It’s always a nice touch when an exchange includes additional material to help smooth your trading experience. PrimeXBT specializes in CFD trading, allowing traders to speculate on asset prices without owning them directly. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Agents respond within seconds and are fairly knowledgeable. Established in 2018, PrimeXBT has rapidly grown into a prominent trading platform, offering access to over 110 trading assets. Notably, Litecoin has gained attention from various sports leagues and is the official cryptocurrency sponsor of the UFC Ultimate Fighting Championship. When you don’t have much time or skill, you might want to know the difference between social trading and copy. PrimeXBT will send an e mail with a verification link, which concludes the account registration. This transparency helps you choose a trader you’re confident in copying. There are several strategies traders can employ to minimize trading fees on PrimeXBT. Forexlive holds no responsibility for any liability, damages, or losses caused in connection with the use of any content on this page. Financial incentive for signal provider. For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available. In this section, we will provide an overview of the different types of bonuses available on PrimeXBT and explain their significance in boosting your trading activities. You also need to create an account with the exchange you want to use. PrimeBit was also the first exchange to achieve full integration of MetaTrader 5, the hallmark global trading tool. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. By leveraging capital, traders amplify both potential benefits and risks, making leverage a double edged sword. PrimeXBT offers a wide variety of assets and trading pairs for traders. So my question is do any of you do this. 05% fee for trading cryptocurrencies. $2,000 by bank card.

10 Best Crypto Exchanges for Day Trading in 2025

As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. Active users across the world. With Binance, there are 24 perpetual swaps. As the market price increases, the trailing stop price moves in tandem with current price move, maintaining a specified distance from the market price. The platform can easily to trading global market including crypto, commodities, and forex. It’s imperative to conduct thorough research, understand the inherent risks involved, and only invest capital you can afford to lose. Stellar XLM could be a sound investment, but before you buy, do your homework. Note that this fee won’t execute if you enter and exit the position with the day. The coin notably underperformed through 2019 compared to other leading Crypto assets, leaving it plenty of “room to grow. Click Download and confirm the file download if you see a warning. This could be ideal for those who like to trade with technical analysis. My account experienced a tripling of its value in an astonishingly short period, giving me hope for better times. Becoming a PrimeXBT affiliate partner is simple. As a result, the investment will often look to those countries to expand. Via the Trade page, PrimeXBT provides details on. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency. 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. 2024 00343, having its registered office address at PKF Corporate Services Ltd. This is PrimeXBT’s biggest weakness. These Bitcoin ETFs are available to trade on most mainstream exchanges, not just a Crypto exchange, Coinbase, for example, and are regulated by the Securities and Exchange Commission, giving an added security layer. That’s why we decided to make a tutorial on one more crypto trading platform. This award winning avenue gives beginner and expert traders the best way to venture into cryptocurrency trading. This means that someone may have obtained your account’s credentials.

About us

For example, entering 1 BTC will adjust the fiat value to the current exchange rate for BTCUSD, BTCGBP, or BTCEUR, depending on which currency is chosen. In PrimeXBT, you can choose a trader and subscribe to his trades to earn without effort, or you can open your own trades for copying and thus also receive additional profit. Crypto gains are taxed at 50% of your marginal tax rate. While you can buy not only Bitcoin but other coins from cryptocurrency exchanges, Bitcoin has by far the largest market capitalization in crypto. Users can use isolated margin and cross margin as well. For the uninitiated, “margin” is the debt, or borrowed money, that a trader uses to invest in other financial instruments. For those of you who are going to be away from your desk, you will be happy to know that PrimeXBT also has a couple of mobile apps, PrimeXBT and PrimeXBT Futures Pro for more advanced trading. Cryptocurrency related services in Prime XBT are offered by Lithuanian based company Baksta UAB, registered by the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Didn’t win any contests tho. Here’s an example:If you have 1 BTC on your trading account balance – we will provide you with 1/100 margin and it means that the max position Long or Short you can open is 100 BTC. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. 2024 00343, having its registered office address at PKF Corporate Services Ltd. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The cryptocurrency market is known for its volatility, and XRP is no exception. Dear Marawa,Thank you for sharing your thoughts on trading with PrimeXBT. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. After years of going down, ADA is ready to increase in price once again and show the true potential we all know Cardano is capable of. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information.

Advantages of the Fee Reduction Bonus:

A good mix of these features will help you find the best crypto trading platform for your needs. Seek independent advice if you have questions or do not fully understand the risks. The market for Ethereum is unique to traditional assets because you can buy small amounts. The order types are the usual: Market, Limit, OCO one cancels other, Stop, GTC good till cancelled and Protection orders Stop Loss and Take Profit. 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. Otherwise, please leave this website. PrimeXBT offers a robust Android app that brings the full functionality of its trading platform to mobile devices. It also helps you identify a less than creditable cryptocurrency exchange, when you are looking to buy or sell your digital assets. PrimeXBT offers up to 100x leverage on crypto and 1,000x leverage on some forex pairs. PrimeXBT integrates TradingView charts, which is a nice feature. You’ve just converted GALA to DOGE using the most recent foreign exchange rate of 0. For instructions on how to place orders click here. Also, there are no fees for depositing cryptocurrencies. Demo account/Paper Trading. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg.

Ethereum V Solana: An In Depth Comparison

Using PrimeXBT can be done by going to primexbt. By referring friends or family to the platform, you can earn a portion of their trading fees, giving you a steady bonus to increase your trading capital. Twitter: aylerTBMLinkedin. I found the KYC process to be straightforward, with my account being verified instantly. Here are some initial impressions: Fast account setup Responsive support team Clear instructions for deposits and withdrawals All in all, it feels like a reliable place to start trading. To do some more research before registering for either of these platforms, you can see our in depth reviews of Bybit here or PrimeXBT here. Short term strategies might use higher leverage to capitalise on quick price movements, while long term strategies might favour lower leverage for a more measured approach to earning money. Pros and cons of market diversity on PrimeXBT. As traders spend the majority of their time on the main trading platform, it is pretty important that it is well laid out and intuitive from a user interface perspective and has all the features and tools that one needs. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Borrowing funds to trade on margin incurs costs in the form of interest rates. Supported cryptocurrencies include. You can start using it immediately for your trading activities. Description: Bitcoin is the most popular cryptocurrency and the first instance of blockchain technology the world ever saw, but in its wake, an entire industry full of altcoins have followed. Attend exclusive PrimeXBT events, network with other clients and learn new skills. The support and resistance levels are the two most popular technical analysis indicators used in the market. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website.

Binance Review

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. Stop losses are perhaps the most effective tool in risk management when trading on leverage. They usually send withdrawals back to where they came from, unless there’s a good reason not to. The platform does not charge additional non trading commissions, such as account replenishment fees. Returns or profits may be subject to capital gains tax. These exceptional features combine to create a compelling and persuasive case for choosing Prime XBT as the go to solution for businesses seeking a top notch cryptocurrency exchange platform. Assuming you are cross margin trading, but realising that you are using isolated margin mode as your trades close due to margin stop out, can be catastrophic. You cannot trade primeXBT when you are in the US. The exchange does not currently offer fiat off ramps for withdrawals. The knowledge and skills they have accumulated allows them to adjust strategies for evolving conditions. For instance, if both a deposit bonus and a fee reduction bonus are active, you’ll need to select which one to use, as they cannot be applied simultaneously to the same trade or deposit.

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However, the lack of regulation should be considered as a potential risk. 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. The fees on Bybit will also vary depending on which market or contract is being traded, you can find a full breakdown on the Bybit trading fees page. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. If you do not have have the time or experience to trade or simply do not want to trade yourself, we highly recommend check out the Covesting module. The company is registered in Seychelles and serves clients in over 150 countries. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. We’re glad to hear that you’ve found a leverage level that you’re comfortable with and that it has helped you capitalize on the recent market movements. It’s great to know that our account setup process, support team responsiveness, and clear instructions for deposits and withdrawals met your expectations. There he was awarded with the prestigious Arthur Ashe Student Athlete award. TIP: Check out Coin Bureau’s PrimeXBT vs OKX Analysis. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT delivered a seamless trading experience. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the “My Strategies” area of the platform. The fees on PrimeXBT can be categorized into several types, including trading fees, overnight financing fees, and withdrawal fees. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. The PrimeXBT mobile app allows traders to access various markets and execute trades with ease. Users are required to verify their accounts to deposit and withdraw Fiat currency. If you ever need assistance or have suggestions, feel free to reach out at. How to get free USDT with our latest Galxe Quests PrimeXBT gives traders even more ways to earn free funds. No iOS, o aplicativo PrimeXBT se beneficia da estabilidade e dos recursos de segurança da plataforma. The exchange facilitates spot trading but dabbling in derivatives like crypto futures is also an option for KuCoin customers. PrimeXBT is no exception.

Worse

PrimeXBT provides layered research content developed in house. This is a substantial advantage for traders utilizing the platform. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. Now, let’s discuss which one among them is the best for margin and copy trading. 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. PrimeXbt projected the coin to trade between $1. Our clients love how fast and simple our sign up is. Information regarding past performance is not a reliable indicator of future performance.

TABLE OF CONTENTS

Learn more about Baksta’s Legal Terms. While there is no way to know with 100% certainty, Cardano is generally a good Cryptocurrency investment. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Its impressive early performance is further supported by $1,738. PrimeXBT offers over 100 tradable instruments on its Forex and CFDs account, including currency pairs, commodities, indices, and cryptocurrencies. By margin trading with leverage you’re able to profit from both rising and declining markets by Short selling and Long buying. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Availability and Responsiveness of Support. It also enables profits in both directions of the market, rather than only being able to generate returns when asset prices are rising. For FIAT withdrawals, PrimeXBT does not offer anything. Our goal is to provide a comprehensive trading environment that caters to the needs of traders at all levels. Volet deposits are free, while Perfect Money charges a 1. PrimeXBT is a multi asset trading platform that allows users to trade various financial instruments, including cryptocurrencies, forex, commodities, and indices. With this strategy, network security is maintained while allowing different parachains to concentrate on their unique use cases and scalability requirements. Traders can scour through some of the top performing traders and choose to copy their trading activity, providing a potential side income. This is an order that is used to take profit on a trade that has worked out in a trader’s favor. The copy trading and price prediction features are my favourites. Just noticed of late that PrimeXBT has increased the spreads exponentially. There is no fee to join the PrimeXBT affiliate program. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. Studying these materials could be an immersive learning experience for aspiring traders. 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. This is a break down analysis of GBPJPY after today’s Bank of England Interest Rate Decision.