PrimeXBT: A Comprehensive Review of the Ultimate Margin Trading Platform for Crypto, Forex, and Commodities

However, PrimeXBT does not offer any lower risk securities, such as ETFs and bonds. Its decentralized and security related consensus method depends on a network of reliable nodes. The minimum and maximum deposit limits can vary depending on the method chosen. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Looking for a Service. Gox has shut its operations down, leaving disgruntled traders and investors with holes in their pockets. Diversify across more than just Crypto. Trading Fees: The platform charges a flat trading fee of 0. You must have at least 200 USDT/0. Starting off, let’s take a look at all of the available markets on PrimeXBT, as this is definitely a unique feature that’s different from most cryptocurrency exchanges. PrimeXBT allows you to take advantage of the price movement in this market without relying on keeping custody of the coins themselves. These security features collectively ensure that PrimeXBT provides a secure trading environment, helping to protect users’ funds and personal information against potential threats. For unverified users, you’ll have withdrawal limits of 5 BTC per 24 hours. $2,000 by bank card. As a non KYC crypto exchange, BloFin allows users to trade without undergoing the typical identity verification process that many centralized platforms require. But markets are always moving and orders sometimes begin to fill during large price movements. It is worth bearing in mind that during the process of making a financial transaction, you will be automatically redirected to the PrimeXBT partner company page. 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. Bybit does a fantastic job listing new and exciting project tokens quickly, often providing access to tokens quicker than many of the major exchanges. This means that instead of having to be able to predict the exact amount of movement in either direction, winning trades can be made based only on selecting the direction itself. For example, if you have a deposit bonus and a fee reduction bonus active at the same time, you may need to choose which one to activate, as they cannot both be used on the same trade or deposit​. Thank you for choosing PrimeXBT, and happy trading. If you are still concerned, you can always make use of our other reviews to find higher quality customer support teams. Plus the fees are truly low, you pay only 0. I will repeat this as it is 100% true.

Trade CFDs on Forex with spreads as low as 0 1

It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. I’m amazed by PrimeXBT’s precision. This means your earning potential is enhanced with PrimeXBT. If your deposit hasn’t appeared after a long time, check the transaction status on the blockchain. 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. At PrimeXBT, we’re committed to giving you quick access to multiple markets. The file is verified secure by PrimeXBT. Volet deposits are free, while Perfect Money charges a 1. PrimeXBT also makes use of PrimeXBT trading the liquidity provided by larger exchanges and market makers in the industry. Like some of its peers, its two star rating indicates that it might be one to watch as it continues to develop its strategy and performance.

15 Best No KYC Crypto Exchanges in 2025

Such competitions allow participants to learn the basics of trading without starting investments, as well as win real cash prizes. 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. These products may not be suitable for all investors. Those entirely new to trading crypto, Forex, or commodities can use PrimeXBT’s Copy Trading service. In the next section, we will provide a summary of the key points discussed in this article. The exchange is user friendly and suitable for novice and experienced traders. Dogecoin also had the issue that it is one of many seemingly endless cryptos trying to grab your attention. EUR/USD, NZD/USD, GBP/USD, AUD/USD. Dear Hassan,Thank you for sharing your experience with PrimeXBT’s trading contests.

Step 4

With the newly acquired information, you can register for PrimeXBT and practice your technical analysis using the built in charting tools, and test your skills at trading by putting only a small amount of capital on the line. 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. This ensures that you can buy or sell assets without significant price fluctuations. So, we have gone through almost all the online codes and discovered that the correct code is ‘TMMBONUS. Risk warningBefore 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. They are registered in Seychelles and have offices in St. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. If you want to withdraw funds from PrimeXBT, you’ll need to pay the withdrawal fee, which is a flat rate for any amount. Transactions are verified by miners, ensuring the integrity of the network. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Improvements in the regulatory framework around Cryptocurrencies, and the introduction of new investment opportunities like with the Bitcoin ETF, are also expected in the near future, which could positively impact the coin. Traders can visualise trends, spot support/resistance zones, and identify patterns faster to find more opportunities. When global economies are booming, investors and traders tend to prefer stocks and commodities. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. This guarantees that every transaction complies with global standards and is safe. PrimeXBT delivers a robust trading experience with its advanced platform, high leverage, and wide range of assets. Leverage trading amplifies both profits and losses. Validating your payment methods not only ensures the security of your transactions but also speeds up the process of making deposits and withdrawals on PrimeXBT. 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. These products are not suitable for all investors. Two provide forex and CFD services, and the third is licensed and regulated as a crypto wallet. These questions are largely speculative and opinion based. Margin might be a great tool if you have a profitable trading system. A crypto exchange is a platform where you can buy cryptocurrency using cash or another digital asset. In this how to withdraw money from PrimeXBT guide, we’ll cover everything you need to know about withdrawing your assets from PrimeXBT and transferring them to your Zengo wallet.

Executive Chairman

You can also download specific tax reports based on your location including IRS, ATO, HMRC, and CRA reports and many more. The “Tutorials” section on the platform’s dashboard provides step by step video guides. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 1389% based on the type of trade. Anticipating future partnerships materializing by 2028, it’s foreseeable that a bullish trend may persist, potentially driving the average price to approximately $0. To further illustrate their value, we’ve compiled the key advantages. If you’re new to trading, start with a small investment and gradually increase your exposure as you gain experience and confidence. All reviews, either positive or negative, are accepted as long as they’re honest. For users who do not want to use one of these third party services then they will need to fund their account with crypto that can be purchased from an exchange like Crypto. Utilizing social media platforms and other digital channels can help reach more potential users. Users are required to verify their accounts to deposit and withdraw Fiat currency. 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. Is the price near an important support or resistance area. Always prioritize security and reliability when choosing a trading platform. So to clarify I lost my 500 USD and lost 499. Advanced trading concepts can be confusing for beginners. Go to Settings > Security and enable Install from Unknown Sources if prompted. If I had to give an edge here after using both platforms, I would have to say I prefer Bybit as the trading interface. PrimeXBT, on the other hand, charges overnight funding fees for holding leveraged positions. Learn more about Baksta’s Legal Terms. Market commentary is available under Market Research. It is an exciting time in the Cryptocurrency industry. If you need any further assistance, feel free to reach out to. They got a nice concept of demo trading. If yes, we’ll show you how by clearly explaining how conventional crypto exchanges work.

How to Install the APK

Leveraged tokens provide traders with access to leverage, but without the liquidation or margin risks, which is a game changer. Trade Crypto Futures Contracts incl. Esta entrada fue escrita porJuan Sanchez. Ripple is working closely with banks to get them to adopt the XRP protocol, which would benefit XRP holders if the token becomes widely adopted by the likes of JP Morgan, Goldman Sachs, and more. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. PrimeXBT has never suffered a hack or security breach during its operational history. Our robust ecosystem includes Crypto Futures, Copy Trading, and Global Market trading across Forex, Commodities, Stock Indices, and Cryptocurrencies. 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. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis and forecasts for bitcoin price and other altcoins. YouTube videos show 77%. At its core, PrimeXBT aims to provide traders with top tier liquidity, a comprehensive suite of trading tools, and a deep commitment to security, ensuring a safe and efficient trading environment for all. PrimeXBT emphasises tailoring the trading experience to meet each user’s individual needs, offering a flexible margin system and a highly customisable user interface. All those noted here were mentioned in interviews, QandAs, FAQ, and/or the Covesting whitepaper.

Exchange Price Comparisons

9% availability rate, ensuring that traders worldwide have near constant access to the volatile cryptocurrency markets. It’s considered a secure and trustworthy platform and has never been hacked. COV staking on PrimeXBT offers benefits for users who participate in the Covesting modules: followers of copy trading strategies, strategy managers, and users of the PrimeXBT Yield accounts. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. We’ll cover the basics of margin trading and how PrimeXBT’s tools can help you. 13%, positioning it 31 in the ranking among all cryptocurrencies with a daily volume of $ 110,641,807. 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. Like any other project, Shiba Inu has a number of downsides and deficiencies that could cause serious damage to its ecosystem and potentially halt its future development, depreciating its value and utility. These contests, organized and sponsored entirely by PrimeXBT, provide participants with virtual funds for competitive trading, fostering user engagement and offering real prizes at no cost to the organizer. EToro is one of the best known international broker platforms. The broker does not charge handling fees for payments; however, third party processing fees may apply. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Returns or profits may be subject to capital gains tax. Yes, after careful research, Bitcoin is a great investment. Buy Sasol SharesBuy MTN SharesBuy Vodacom SharesBuy Capitec SharesBuy Shoprite SharesBuy Naspers SharesBuy Phuthuma Nathi SharesBuy Steinhoff SharesBuy Woolworths SharesBuy Old Mutual SharesBuy Anglo American SharesBuy Sibanye Stillwater SharesBuy Telkom SharesBuy Purple Group SharesBuy Sanlam SharesBuy Thungela Resources SharesBuy Prosus SharesBuy Kumba Share. Here are the current withdrawal fees at PrimeXBT. As mentioned, the maximum leverage on PrimeXBT is 1:200 for BTC and ETH pairs, with other crypto pairs varying between 1:5 to 1:50 and up to 1:1,000 on some of their forex pairs. We actually downloaded the PrimeXBT app and tested it out to see exactly how functional it was. This is the same as many other Cryptocurrencies. PrimeXBT — where innovation meets accessibility for traders worldwide. Prices are indeed realy low here, from 0. This section focuses on the favorable feedback provided by users, showcasing the platform’s strengths and benefits. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions, margin interest and other costs, and are not guarantees of future results. For more information on our company policies, read the Affiliate Disclosure, Privacy Policy, and Terms and Conditions. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Many countries, like the U. With competitive rates up to 90%, a $300 minimum payout, and worldwide acceptance, this finance and insurance CPS program offers lucrative opportunities. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process.

Site Links

Anyone can write a Trustpilot review. Maker fees apply to cryptocurrency orders that are not filled immediately, which helps improve market liquidity. At one point, the coin had gained an outstanding 46,000,000%. Content feeds look more like social media timelines and clutter what is most important: getting a good read on ROI. Financing transfer for account USDT. PrimeXBT keeps it simple with flat trading fees for different asset classes and variable withdrawal fees. We’ll definitely take this feedback on board as we continue to improve the platform. Virtual Assets are high risk products, highly volatile, with fluctuating values. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Click Download and confirm the file download if you see a warning. No, PrimeXBT does not require KYC verification for basic accounts, allowing for anonymous trading. US users could unofficially access PrimeXBT using a VPN since KYC is not required, however this does put the user’s funds at risk significantly since assets could be frozen to ask for verification, and users from the US are technically banned as per the terms of service. In essence, if your losses exceed the amount of your initial investment the margin, the exchange will automatically sell your holding to recoup the money they loaned you. PrimeXBT developed its own web trading platform with advanced charting capabilities powered by TradingView. Make purchases at primexbt.

Select a Country

The hope is that as traders use the free Crypto trading signals in their trading strategies, they will become more active, needing more frequent Crypto signals and more insightful analysis. They’re quick to reply and actually know their stuff. 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. Chainlink’s decentralized oracle solutions have been widely integrated into various blockchain platforms and decentralized applications dApps. The platform quickly gained traction in the cryptocurrency trading community due to its user friendly interface, competitive fees, and a strong suite of trading tools. If you have any further questions or require assistance, please don’t hesitate to reach out to us. Claim your $600 Welcome Voucher for completing simple tasks on Binance. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. You’re now officially part of the PrimeXBT community, ready to explore the vast opportunities our platform has to offer. The first step in shorting Dogecoin is to open up your account at PrimeXBT. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Volet deposits are free, while Perfect Money charges a 1. Don’t have any Bitcoin and want to purchase to make a deposit. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Its almost 2 months of this wiggling around in the 65 71 range. Join 1M+ traders who choose PrimeXBT as their go to trading platform. This fee is for borrowing funds to ensure fair pricing in the market and to align the value of the futures with the price of the underlying asset. This step is crucial for refining the strategy and ensuring it performs well under different market conditions. If it does break above there, and others like Bitcoin and Ethereum are doing well, it could lead to the next bull market. At PrimeXBT, we aim to provide prompt and effective support to ensure all your trading needs are met. This is because markets can move based on headlines, which can come anytime. 📊 The interface gives a snapshot of your accounts and funds.

Worse

Crypto Deposits: PrimeXBT offers free crypto deposits. Just following the trend, then either isolated margin mode or cross margin mode should work with the appropriate risk management measures. Once bought, tokens swiftly land in your personal wallet for safekeeping. After the purchase, setting up a secure wallet is recommended, where you transfer your DOT tokens for ownership and control. PrimeXBT delivered a seamless trading experience. Most currencies were allowed to freely float against each other after this move, and such fundamental factors as supply and demand came into play. Puis contrôle de calcul supérieur 72h mon règlement un investissement demande pour plus de 30 troi. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. For additional inquiries, you can contact their team at. Margin accounts also enable derivatives trading contracts such as Futures, Options, and CFDs. This indicates a high level of accuracy in order fulfillment, a crucial element in volatile markets where every second counts. Almost all cryptocurrencies should explode in 2021. Quick and professional customer support, easy to navigate platform, and transparent trading condition. Scan this code to download app. As a hot wallet, it’s accessible across multiple platforms such as Windows, MacOS, Android and iOS. Market analysts predict that Chainlink will not fall below $10. Some indices are set up as ETFs, which can be freely traded on a stock exchange, just like regular shares. The Shiba Inu website states that 50% of the total SHIB token supply has been locked on Uniswap, with the “keys thrown away. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. By leveraging these advantages, traders can enhance their trading efficiency and security. Readers should do their own research. Before you press “Confirm”, review the order. Best regards,The PrimeXBT Team. Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds.

Worse

As your email is the only form of ID at PrimeXBT, it is not possible to change account email. PrimeXBT provides traders with an interesting alternative to the status quo with crypto margin trading. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. He strongly recommends it to all traders. However, there’s a demo version for new users who are unsure about using the exchange. Your asking “If I invest 100 in Ethereum today how much would I have in one year, two years, five years. It should also have a detailed goal plan, the cryptocurrencies you are interested in, and the steps you will take to enter and exit positions. Leverage trading Crypto presents a higher level of risk and reward. We’re delighted to hear that you had a positive experience with our support team and that your issue was resolved quickly. They can provide additional guidance and help resolve any payment related problems. I found the KYC process to be straightforward, with my account being verified instantly. At PrimeXBT, we strive to provide the best customer service possible, and it’s rewarding to know that we were able to assist you efficiently. Next, we will provide practical tips for maximizing your trading experience on PrimeXBT. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. Hope all your problems will be solved. In summary, PrimeXBT supports a wide range of currencies and assets, giving you the flexibility to build a diversified trading portfolio. After the user’s identity is verified, an account is usually opened for free. We have detailed the privacy measures applicable to our app below. PrimeXBT supports the deposit and withdrawal of Fiat currency USD, via Advcash and Perfect Money. Low tier regulators tend to offer the least comprehensive oversight of brokerage firms. For more detailed information, it’s recommended to visit their official website or their Help Center. Always stay updated with the latest fee structures to ensure you are making informed decisions.

Start Copying Now!

Brand operating since. $2,000 by bank card. And as a result, Bitcoin projected growth is expected to be substantial and reflect its true value as a global currency. Traders worldwide trust us. 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. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. In copy trading, market risk is the risk of changing prices in Forex, stocks, interest rates, and other assets that can negatively impact your copied trades. See more about trading fees. Comments: I have been using Prime XBT for 4 months now and I must say it’s really been helping me a lot with making crypto trading easy and efficient. In addition to direct support, PrimeXBT offers an extensive range of resources for both new and experienced traders. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Furthermore, it’s easier to bet on the price falling in Cardano using Crypto Futures. This means that all communication that you send the exchange will be encrypted and make it hard for any malicious actors to intercept it. Traders rely on quick and adequate response when they need it. It’s crucial to keep track of the fair market value of the crypto earned at the time it was received to accurately report your income. Unfortunately, an Ethereum price prediction is made even more challenging by the fact that the Crypto market is notoriously volatile, and assets tend to follow each other – especially the OG Bitcoin. The platform’s commitment to customer service is evident in its dedicated support team, available 24/7 to assist with any issues or queries. Reply from PrimeXBT Copy Trading. 1M+ community members. However, there are a few more steps that you need to take in order to increase your chances of success.