◾️I lost or reset my 2FA device / phone What do I do?

We will start this PrimeXBT review with some words about the platform in general. Non custodial wallets do not require KYC because they do not manage your funds or handle transactions. This is not fair as all referals where made carefully under my guidance. As part of this update, we’re also introducing an updated Welcome Bonus that offers bigger payouts for active traders, with potential rewards of up to $500. Additionally, users can deposit and withdraw US dollars. In fact, PrimeXBT actually measured the slippage on their executed orders. PrimeXBT is a top crypto exchange that makes trading easy with over 40 crypto assets and more. PrimeXBT takes pride in offering this feature as part of its unique selling proposition. Email Newsletters and Forums. The process is quite simple. 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. Open positions will automatically be liquidated after that period. It is a best practice, and highly recommended, to set these limits for your trade, and you can do so by simply clicking the pencil next to the TP/SL for the trade that you want to set these limits for. While some investors look to significant price movement. Trade 100+ markets like BTCUSD, EURUSD and SP500. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. 4435 on 17 April 2023.

Responses 3

XLM, an altcoin trading under the symbol XLM, gained popularity during the 2017 crypto hype bubble and rose to become. If you deposit over $1,000, you will receive a $200 bonus to your trading account. A cryptocurrency is a form of currency developed through blockchain technology. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. The only option we can’t find there is the “hidden” option, which is necessary for iceberg orders. Assets represent the actual cryptocurrency, token, stock, currency, etc. However, PrimeXBT has fewer crypto assets and trading pairs than some other platforms. Chainlink’s ecosystem overview. PrimeXBT offers address whitelisting, allowing withdrawals only to pre approved addresses. One of the platform’s attractive features is its competitive fee structure. 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. A critical indicator to monitor will be the U. Cardano was late to the Crypto market compared to many others, but the altcoin Crypto asset is brimming with innovation, giving it incredible projected growth which fueled early hype and price growth. Good platform to learn how to trade. Learn more about Baksta’s Legal Terms. This is also one of our main review criteria when it comes to grading an exchange. If you’re new to the Crypto game or trading in general, then you might not know about an amazing set. You need to come up with a name for the strategy and a description for it so that it is clear exactly how you trade. This was indeed also our experience. Crypto Deposits: PrimeXBT offers free crypto deposits. $67,000/200 = $335 0,005 BTC.

Download PrimeXBT App

Having explored PrimeXBT’s legitimacy through its reputation, user feedback, and security protocols, you might be wondering about geographical restrictions. Date of experience: November 10, 2024. Trustpilot provides a broad spectrum of user experiences, offering valuable insights into both the strengths and potential challenges of using PrimeXBT. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. To improve their services, these platforms often collaborate with other financial and tech companies, ensuring high security and advanced features for their users. These are supported on both iOS and Android devices. That being said, traders also have the ability and the CFD markets to trade other sizes instead of a standardized futures contract. To profit from a falling market, you need to understand precisely how to go about shorting Shiba Inu. PrimeXBT offers 24/7 customer support through live chat and email, ensuring that traders can get assistance whenever needed. PrimeXBT is a crypto exchange based out of the Seychelles, it’s one of the few exchanges out there which has their company registration there along with other prominent names such as Huobi and BitMEX. Visit our Help Centre. This bonus is a great way to increase your trading capital, but it’s essential to understand the withdrawal restrictions and carefully manage your account to maximize its benefits. Only for verified users. Withdrawals are processed once a day, between 12:00 and 14:00 UTC. Withdrawal Crypto and fiat. 📱 Dive into PrimeXBT’s trading app for access to 100+ markets with trades starting from just $5. 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. Sign up with this link leer más and then deposit the stipulated amount before the timer expires. PrimeXBT provides wallets for BTC, COV, ETH, USDC, USDT, and US dollars. Activating these bonuses is simple: just copy the promo code, log in to your PrimeXBT account, and enter the code in the “Promo Codes” section to apply it instantly to your account. 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. This relationship may affect the way and where products appear on the site, such as in what order they are listed in categories.

Deposit and withdrawal on PrimeXBT

In 2020, the company won the award for best bitcoin Margin Trading by ADVFN International Financial Awards. Copy Trading: PrimeXBT enables users to copy the strategies of leading traders through the ‘Copy Trading’ product. Apparel and Sneaker κατάστημα από το 2010. Here is a look at the margin requirements for some of the 51 forex pairs available. This bonus is way better than the $200 bonus as it offers you the opportunity to earn a higher bonus depending on your initial deposit. Deposits are free and usually appear in your account after one network confirmation. Please exercise caution, and do not trade beyond your limits when deciding how much risk to take on. Ask price is generally higher than the Bid price, and the difference between these 2 factors is the Spread. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Strategic Management Services. Deposit bonus promo codes are valid for 14 days once activated. Ensuring that transactions are approved and confirmed is crucial for maintaining the security and reliability of PrimeXBT. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. This will help you plan profitable trades in advance and earn maximum profit.

Full Account Management in the PrimeXBT APK

Market sentiment reversed towards XRP and many gained new confidence investing with this digital asset, despite the upwards spike was not as global as expected. Another benefit of this trading method is the ability to take advantage of future events. PrimeXBT charged me a withdrawal fee of 0. BNB Smart Chain network BSC for BEP 20 tokens. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees. Here are some options you may consider. The platform provides detailed charts, technical indicators, and customizable layouts to enhance the trading experience.

Does the bonus have an expiration date?

For our trading test, we thoroughly evaluated the PrimeXBT platform. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. The spreads are ridiculously high especially when it comes to Forex. Compare PrimeXBT side by side with other exchanges here: Exchange Comparison Tool. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. We were unable to find these stats updated for recent years, but have not found any complaints or reasons to assume these impressive slippage statistics have faltered. 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. The PrimeXBT summary also highlights its competitive fees. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. The fiat withdrawal process was straightforward but took a long time. Click Download and confirm the file download if you see a warning. We always provide our clients with the latest and greatest in trading tech. PrimeXBT makes investing accessible to all by lowering the barriers to entry and providing easy and secure access to the financial markets with the industry best trading conditions and innovative tools. The order form also displays recent trades and order book data. Analytical articles can be found in the “Blog” section of the company’s website. Wallet Investor is highly bearish on Dogecoin, expecting it to start declining sometime this year. However, this accessibility comes with increased volatility, making Dogecoin a potentially risky investment with the possibility of high returns. The Bitcoin Cash fork in 2017 helped drive Bitcoin price to all time highs and take the rest of the crypto market with it. PrimeXBT also offers something called Turbo, a high stakes, high risk way to get positioned in the market during sideways trading, or when you are in the mood to try something different. Yet, those looking for unique or less common trading pairs might want to explore other options. If the market is on an uptrend, resistance levels will be formed, slowing the price action.

Forex

The platform also boasts reliable trade executions as uses Amazon AWS servers and is connected with many liquidity providers. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. This symbiotic relationship creates a win win scenario – strategy managers earn a percentage of the profits made by their followers, while followers enjoy passive profits without the need for hands on trading. Since founding NEP in 2008, Mr. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Some of our platform recommendations might be our partners and we may earn money through our links on our website but this does not change our opinions as all our recommendations are our own. Handling clients in Indonesia with proven track record in wealth management and financial advisory. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Navigation was intuitive, with all the essential tools and indicators just a click away. Here, a minimum deposit of $10 USD is required. Polkadot enables parachains to safely exchange data and assets through a method known as “cross chain message passing,” opening the door for cooperative apps and shared resources between several blockchains. That’s why, in addition to MT5, we also offer our own PrimeXBT WebTrader and App. 2 of PrimeXBT’s Terms and Conditions. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security.

Restricted Jurisdictions

The exact amount does depend on the market involved, as the amount of “leverage”, or the multiplier of your initial deposit will vary. 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. This is great for those who want to make big profits from small changes in forex prices. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. PrimeXBT has different minimum deposit requirements depending on the method used. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Scan the QR code with your device’s camera and get APK file. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. ManyStatusGator users monitor PrimeXBTto get notified when it’s down, is under maintenance,or has an outage. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Returns or profits may be subject to capital gains tax. PrimeXBT’s entry into the South African market is part of its broader mission to democratize access to financial markets. Common problems include pending withdrawals, exceeded withdrawal limits, and network fees. Even though there is a sharp rise early on in the chart in percentage terms, the price fails to break above the upper Bollinger Band, marked with an X. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. From beginners with a standard account to seasoned professionals with platinum accounts, each tier is designed to provide specific benefits that enhance the trading experience. Open the downloaded file and tap Install to complete the installation. With an average 24 hour trading volume of $218 million, Dogecoin price predictions seem to raise doubt among the community and Crypto analysts whether or not it will see another ascent.

Joaquin Lopez

Date of experience: September 17, 2024. In that case, you don’t have to buy or sell XRP/BTC but only speculate on their price variation using Bitcoin. Please note that PrimeXBT reserves the right to initiate KYC verification procedure in certain situations. This is especially true when you take into account the volatility profile of crypto. The platform accepts users from more than 150 countries, but is not available in the US, Canada, New Zealand, Japan, Russia, Israel, Cuba, Iran, Syria, North Korea, Sudan, Myanmar, and Puerto Rico, among others. That answer is entirely up to each individual and the information we have provided. At the same time, they use margin from the account to buy the other 100 shares, borrowing $6,000 from their broker. Traders worldwide trust us. This information should not be misinterpreted as an endorsement to buy, trade or sell a cryptocurrency or any specific product or service. Changelly is a cryptocurrency exchange that lets users quickly and easily exchange one cryptocurrency for another without the need for a traditional trading platform. As for customer support, PrimeXBT offers support via website, chat, or email, 24/7. 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. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Kathryn Davies – is a market analyst at PrimeXBT, known for her expertise in fundamental and technical analysis across various markets, including cryptocurrencies, forex, indices, and commodities. The exchange separates customer and business funds and client assets under management AUM are not used as collateral. To make the process of purchasing cryptocurrency more streamlined and seamless than ever before, PrimeXBT implemented a secure «Buy Crypto» option of crypto to fiat conversion. Trade fees, overnight financing charges and settled PandL do not affect Bonus amount and are charged or booked to Trading account balance. Promo codes can be found through PrimeXBT’s official social media channels, newsletters, and partner sites. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. General Disclaimer: The Money Mongers is an independent think tank on the subject of cryptocurrencies and our owners, writers or other contributors may or may not have a vested interest in any of the project mentioned on The Money Mongers. This gives you more ways to fund your account. Bybit goes above and beyond, providing some of the most in depth analysis reports and tools free for anyone to access, so a tip of my hat to the folks over at Bybit for their selfless efforts here.

Unlocked: Crypto Handbook!

Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. Trade fees, overnight financing charges and settled PandL do not affect Bonus amount and are charged or booked to Trading account balance. Precious metals can ba traded with up to 1:50 leverage. 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. PrimeXBT gives access to major global stock indices, allowing traders to participate in global market movements. Our human support team is here to help 24/7, in your language. Receive the latest news and stay informed. This bonus provides a valuable opportunity to increase your trading capital, offering more flexibility to open positions without requiring additional personal funds. Once funded, you can access various trading instruments, including Cryptocurrencies, Forex, Commodities, and Indices, using leverage. Best regards,The PrimeXBT Team. While traders should be mindful of the risks associated with high leverage, PrimeXBT’s comprehensive offerings and positive user feedback make it a compelling choice for those looking to trade across global markets. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Here is a detailed breakdown of the account verification steps.

Can US citizens use PrimeXBT?

This is because it was developed by a mysterious developer named Ryoshi, whom very little is known about. Users can reach out to the support team through various channels, including live chat, email, and social media. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Cryptocurrency trading instead provides holders of Crypto with an alternative to investing – profiting from both market downtrends as well as uptrends. Some of the offers in our comparison are from third party advertisers from which we will receive compensation. Once approved, you can assess your affiliate dashboard and materials to start promoting. People love the variety of assets available, from forex to Bitcoin and Ethereum. On the next screen, the third party module will expand and reveal a new window where clients may choose from three selected amounts of Bitcoin – $100, $200, and $500 – or enter a custom amount of Bitcoin to purchase. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. Technical indicators, such as moving averages and RSI, can be used to identify potential entry and exit points. Register and join our community with millions of traders from all around the world. Despite operating in a highly competitive and rapidly evolving industry, PrimeXBT has managed to establish itself as a reliable and innovative trading platform, attracting a global user base. Together this trading technique is called leverage trading margin trading. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. To answer that question, one needs to have a look at how the coin did in the past years. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. Lemme be honest, those who claim that 1000 or 2000 instruments to trade is a clear advantage. It feels like a form of ‘legal’ theft. While each way has its distinct pros and cons, day traders who are interested to speculate on the price of the coin are best served by the cost effective Bitcoin CFDs. Below is a summarized comparison. It offers advanced order types, integrated wallets, and customizable settings. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Collaborations with real world use cases may strengthen Cardano’s reputation and raise the likelihood of broad adoption. PrimeXBT is a legitimate cryptocurrency exchange headquartered in Saint Vincent and the Grenadines. PrimeXBT is a top choice for traders, launched in 2017 and based in the Seychelles. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Can say it was a very fun journey, not easy, but worth it for me. Navigate to the Margin section where the account number is located. It also can sometimes be based upon the asset being traded as well, as the amount of margin will influence this.