◾️How can I earn without investing?

Some traders will adjust the trade along the way, thereby ending up with a different target than when they started the position. Dean has an economics and startup background which led him to create Bitcompare. Firstly, the market is closely watching upcoming economic events, including inflation data releases and changes to interest rates by central banks like the U. This means that they will get you the best price available, once a level is touched. Virtual Assets are high risk products, highly volatile, with fluctuating values. Withdrawal Crypto and fiat. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Indicated that the app’s privacy practices may include handling of data as described below. Despite the delay in the verification, this is an excellent service providedbr that anyone can deal with. Her educational initiatives and proprietary trading curriculum have helped shape a new generation of analysts. Click here for step by step instructions on how to make a deposit on PrimeXBT. In social trading, you’re not automatically copying the trades of other traders, but rather exchange ideas and market research with like minded peers which can benefit your personal trading performance. Pretty impressive, said our crypto expert Ben. Key features of PrimeXBT Copy Trading include. Additionally, the platform places a strong emphasis on security, offering multi layered protection through features like cold storage and multi signature wallets. This feature has been a game changer for me—I set up my strategies once and let them run. Best regards,The PrimeXBT Team. However, when interest rates are low, cryptocurrencies become an attractive place to park money, which often leads to long lasting bull markets. KYC is implemented to monitor transactions, track criminal behavior, and prevent terrorism financing according to global anti money laundering policies. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. You can also sort markets by name and 24 hour change. $20,000 or equivalent for unverified users. Bonuses are awarded to new clients who verify their accounts and deposit $500 or more within 48 hours after registration. Total for moving the position to the next day your account will be debited: 0.

◾️I received a ‘Welcome bonus’ offer How can I claim it?

This is what is known as the over the counter, or OTC market. 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 broker is heavily focused on crypto services, offering an extensive range of cryptocurrencies but a limited selection of other instruments. The PrimeXBT platform publishes financial market news and reviews that can help traders make faster trading decisions. ” The same applies to withdrawal fees, where PrimeXBT notes that fees are currency dependent and fixed. Referral rewards are earned by referring new users to PrimeXBT. Discipline, proper planning, and emotional control are essential for success in leveraged trading. Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. Only to find that you chose the wrong exchange for your needs. Product and feature support could also be expanded if PrimeXBT plans to compete with more robust trading platforms, though many traders prefer the simplicity of PrimeXBT without all the extra frills and “noise” that overcomplicates many other platforms. Some short sellers had to buy back the stock. However, given certain regulations, there are some countries that they do not accept traders from. You’ve likely heard horror stories about cryptocurrency platform outages. Read Our Terms and Conditions. The platform does not charge additional non trading commissions, such as account replenishment fees. This also in a sense, reduces risk, because less capital is ever put on the line in the first place. The lack of automatic transfers is not typical for most crypto exchanges and can cause some inconvenience to users.

PrimeXBT vs Bybit: Security

0001% for Forex, Indices, Commodities. I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. 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. Already have an account. Traders use this order type to improve their entry/exit price, however they do not guarantee execution as there is a chance the market may not reach the limit order level. Prime Technology Ltd is PrimeXBT’s Technology Provider. To deposit PrimeXBT supported Crypto held on an external wallet, go to the Main page,. You only need to fill the Amount of asset you are willing to buy or sell. By following these steps, you can successfully make a deposit on PrimeXBT via the Volet. These calculators are provided by PrimeXBT as auxiliary tools for informational purposes only. BitSeven charges a flat trading fee of 0. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, https://primexbt-invest.com/copy-trading/ as they can lead to significant losses. 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. 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. The spot market is the simplest way to approach the commodity markets, as it is simply buying or selling something at an agreed upon price. Returns or profits may be subject to capital gains tax. With an all time profit of 111. PrimeXBT offers 24/7 customer support through live chat, email, a help center, social media, and community forums to assist users with any issues or questions.

Recent Forum Topics

Copy Trading provides an easy entry point to profitable trading for beginners. Common Pocket Option and KuCoin Alternatives. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Automation ensures that trades are executed seamlessly, mirroring the actions of professional traders. The former is a fee that is charged for entering the position and the latter is for financing the position overnight. All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. At PrimeXBT, we protect your account by liquidating whatever is necessary before losses overwhelm you. The platform provides a variety of free deposit options for both crypto and fiat. Supporting multiple languages English, Spanish, Portuguese, Chinese, Japanese ensures global accessibility and user comfort. This is probably due to the fact that the US has banned the form of CFD margin trading featured at PrimeXBT. We’re glad to hear that your USDT transaction went through smoothly and that you’re satisfied with the availability of credit card deposits without additional fees. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. The file is verified secure by PrimeXBT. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. No disadvantages, all is good, working fine. I have been using Prime XBT for the past 4 months and so far I can say I have not received any problems with it. With support for multiple cryptocurrencies and instant fiat deposit options, PrimeXBT ensures that traders can quickly and easily fund their accounts to start trading without delay.

Deposits and Withdrawals

Here is a look at the margin requirements for some of the 51 forex pairs available. 99% fee, not PrimeXBT. Withdrawal fees can make or break your trading experience. Additionally, the account type is pretty flexible in terms of its maximum leverage. Trade Crypto Futures Contracts incl. It offers up to 125x leverage for BTC trading and has over 700 digital currencies for spot trading. Following these steps ensures that your account is secure and ready for transactions. As a derivatives trading platform, PrimeXBT does not offer any spot markets. Our website uses cookies. When customers navigate to the copy trading area of the platform they will be presented with a long list of traders, their trading performance for the past 24 hours, and their longer term performance. However, there’s a demo version for new users who are unsure about using the exchange. 7 Shocking Reasons Why 2025 Could Be Bitcoin’s Best Year Yet: Don’t Miss Out. If you have any questions about trading strategies, the benefits of diversifying across different markets, or anything else on our platform, please feel free to reach out at. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Account replenishment. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Remember that it’s essential to take your own security precautions, such as using strong passwords and keeping them private. Next, we will delve into the details of limit orders and their associated fees. Launchpads are a fantastic way for retail traders to get early access to projects before they go public, a benefit that used to be reserved for VC firms, or those with deep pockets and friends in high places. Tap on the “New Order” button, choose the order type market, limit, or stop, and enter the details of your trade. The provided educational materials do not constitute professional advice in any area, including investment, financial, legal, or tax. WE SHALL PUBLISH A NOTICE ON OUR WEBSITE OF ANY CHANGES THAT WE DECIDE TO MAKE MODIFICATIONS TO THE FUNCTIONALITY AND IT IS YOUR RESPONSIBILITY TO REGULARLY CHECK OUR WEBSITE FOR ANY SUCH NOTICES. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. It’s secure, versatile, and user friendly, but like any trading platform, it has its quirks. Notable FinCom members include Pepperstone, Exness, RoboMarkets, Alpari, and IC Markets. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. To activate a bonus, users often need to enter a promo code or make a qualifying deposit, after which the bonus is credited to their account.

Will a crypto margin call go away?

Today’s editorial staff. We use dedicated people and clever technology to safeguard our platform. Scan the QR code with your device’s camera and get APK file. After all, the market can be very volatile at times, and using buy limit orders and sell limit orders might be the best way to mitigate some of the issues you can run into. Advanced trading concepts can be confusing for beginners. Log in and complete the KYC Know Your Customer process. Kraken is a reliable crypto exchange renowned for upholding high standards of security and offering a robust range of over 200 digital currencies. We’re delighted to hear that you are satisfied with our services overall. Click Download and confirm the file download if you see a warning. Leveraging or trading on leverage is a process where traders get more exposure to an asset than they have invested, allowing traders the opportunity to capitalize on borrowed funds.

EA Builders

If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. It’s great to know that our support team has been able to assist you effectively, even in complicated situations. This section will unveil the mechanics behind leverage trading and how it applies to the exciting world of Cryptocurrencies. Become a certified Partner. Some platforms, like PrimeXBT and dYdX, have established partnerships with leading security firms to ensure the safety of users’ assets. Trading extremely volatile assets may result in huge gains, especially with more robust trading instruments like PrimeXBT. By participating in staking, individuals commit their DOT tokens for a specific duration, reducing liquidity during this period and obviously affecting DOT price, since it limits supply. One of the biggest challenges Bitcoin and crypto investors face, is making a decision on where to safely store any coins for the long or short term. Essentially, it enables users to browse and instantly copy their trading behavior through hundreds of trading strategies offered by the other traders, achieving the same returns as the leading traders on the platform.

Disclaimer

Profit from the markets by following the experts. Do not invest more than you can afford to lose, and always maintain a balanced portfolio. Always trade with caution and be aware of the risks associated with using high leverage in trading. PrimeXBT offers various withdrawal methods, including. There are several different ways to do so, but the easiest way will be the CFD market. Zengo’s 3 Factor authentication process ensures that 1 no one but you can control your crypto, and 2 your wallet is backed up, so even if you lose your phone, you can recover your crypto through a simple 2 step verification process. Non cumulative: You cannot stack multiple promo bonuses of the same type. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Tip 3: Lean toward experienced veterans. Another key benefit is Cardano’s dedication to sustainability and scalability. The contract is simply based on the difference in the value of the asset, not a sale of the asset. Source: Semrush, April 2023 – April 2024. PrimeXBT has a flat trading fee of 0. To claim a welcome bonus, you typically need to register an account, verify your identity, and fulfill any specific conditions outlined in the bonus offer, such as making a minimum deposit or executing a certain number of trades. To understand this, you’ll need to know the basics of trading on PrimeXBT, which you’ll learn in the following rapid fire Trading guide. PrimeXBT is happy to donate to the Save Elephant Foundation in Thailand, an organisation which rescues and rehabilitates exploited and. Contact us directly for further inquiries about our products and services. Sign up for our developer newsletter. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Users are able to engage in both cross margin and isolated margin futures activity. Read next: Can the IRS track my crypto in 2024. In the Cryptocurrency Service category. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. As promised, both apps are synchronous with the desktop version, providing users with the same enhanced experience and full access to all of PrimeXBT’s advanced features, financial instruments, and unmatched leverage allocation. 01% for makers and 0. Affiliates can promote using banners and social media worldwide, excluding explicit content. To transfer Crypto to your Margin Account,. You also get full account management functionality in the palm of your hand. Scan the QR code with your device’s camera and get APK file.

Worse

The trend can also be exhibited in the short term. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. During testing, I received fast responses with a reasonable level of detail. Please note: both the registration form and the Personal Account you will create are still only available in English. A bullish or bearish trend does not necessarily happen within a long timeframe. Pearce is responsible for all areas of the group and its portfolio companies. 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. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. PrimeXBT Trading Services Ltd is officially registered in St. There’s no need for you to pay a huge amount of money when purchasing products from Primexbt. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. The remaining $1,000 in your account can be used to open additional trades. As well as this, there are opportunities for earning through liquidity provision on the dex. PrimeXBT offers a proprietary web based trading platform known for its intuitive design and powerful features. We’ve got you covered with access to 100+ global markets on one platform. Despite the recent setbacks to the industry and asset prices, the cryptocurrency market continues to capture the attention of traders around the world. Silver XAG Forecast: Will Gold’s Record Surge Propel Silver Through $34. The values listed below are for one full base currency contract 100,000 units. Because margin positions are collateral based, accounts can go in the negative. PrimeXBT does not charge for deposit or wallet creation. Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. The platform also allows daily withdrawals of up to $20,000 without KYC and enables users to increase the limit with simple account verification. These credits are often awarded based on your trading activity and volume. With its global reach, it’s available in over 150 countries.

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PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. XLM is among the largest crypto assets on the market and is listed on most of the leading cryptocurrency exchanges. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. 32 to send USDT over the BEP20 network. Optional KYC and a demo account for practice are also available. Information regarding past performance is not a reliable indicator of future performance. While most exchanges in the US require KYC, a few options allow you to trade crypto without providing personal information. Since PrimeXBT is solely a derivatives trading platform and does not offer spot trading, it has not been reviewed by many of the trusted ranking websites we typically rely on. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Specializing in CFD trading, PrimeXBT enables traders to speculate on asset price movements without owning any of the underlying assets. Understanding the significance of Know Your Customer KYC procedures, we emphasize that all clients adhere to PrimeXBT guidelines, exercising due diligence in compliance with local laws and regulations. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. As the world’s second most popular meme coin, with a market cap of almost $19 billion, Shiba Inu $SHIB is a well established cryptocurrency. 8% decrease over the past 24 hours. PrimeXBT is a Bitcoin based margin trading platform. PrimeXBT offers a beginner friendly platform to initiate your investment journey. PrimeXBT does not accept as clients residents of the United States, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, American Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. There is no ‘rule’ as to how they have to be placed, but depending on the situation, there are a few general guidelines that traders and platforms tend to stick to. The platform also provides yield farming, trading contests, and the ability to buy cryptocurrencies directly through partnerships with Mycoinify and Paxful. If you have any further questions or need assistance, please don’t hesitate to reach out at. You can also sort markets by name and 24 hour change. Call options have a positive delta while put options have a negative delta. Nope, it’s currently unregulated by financial authorities. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. Investors commonly utilize the SandP 500 for passive investing through index funds and Exchange Traded Funds ETFs to gain exposure to a diversified portfolio of large cap US stocks. Withdrawal fees are the charges applied when you withdraw funds from your PrimeXBT account.

Worse

The support team is amazing , I recently had an issue and they responsed and fixed it immediately. This is much quicker; therefore, you can get in and out of the market without worrying about wallets. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. 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. Thanks to Bybit’s extraordinary efforts, they recently hit the 10 million user mark and have solidified themselves in the top ten crypto exchanges in terms of trading volume and are growing rapidly. However, price movements are often primarily influenced by market fundamentals, which is why you should always have them on your radar. Since the market is decentralized, traders can seize opportunities irrespective of their time zone. We’re here to support your continued success and ensure your trading experience with us remains top notch. The loss can be figured out by simply multiplying the $0. This is also called a lack of a trend. At PrimeXBT, we’re turning up the heat during the Euro 2024 tournament with an exclusive giveaway that could see you. PrimeXBT offers margin trading to enhance earnings. The platform has already passed audits by SolidProff and Assure DeFi, to really make sure users feel comfortable and secure during the whole process. Com, Kraken, or Binance. 12% of retail investor accounts lose money when trading CFDs. It boasts a user friendly interface and convenient functionality that rivals our mobile applications. But you are not required to open such a large position. The platform supports various tradable assets, including cryptocurrencies, forex, commodities, and indices. In this section, we’ll guide you through some steps to sign up for this program. Covesting is a feature on PrimeXBT that allows users to follow and copy the trades of experienced strategy managers automatically. Platforms and Charting Tools.