PRIMEXBT Promo Code — 50% Off Sitewide in July 2024

For example, the fee for cryptocurrency trades is typically 0. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. Most KYC procedures also require proof of address, like a utility bill or credit card statement. Com and at PrimeXBT retail stores in the United States. Forex equity reflects all funds; real and unrealized in a Forex trader’s account. In 2019, the broker opened offices in St. Crypto Deposits: PrimeXBT offers free crypto deposits. A detailed table of all trading fees for Global Markets, Crypto Futures, and Copy Trading products is regularly updated and provided on the PrimeXBT website. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Choosing the right asset classes is crucial for aligning your trading strategy with market opportunities. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. And we’ll find a solution. 2 PrimeXBT deposit methods of PrimeXBT’s Terms and Conditions. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Smart contracts are the backbone of the Ethereum network. PrimeXBT offers its customers a referral program that allows you to earn passive income for referring new users. I created my account with Binance four years ago. The recent approval of Ethereum spot ETFs in the United States marks a significant milestone in the Cryptocurrency market, particularly for altcoins like Ethereum. PrimeXBT’s partnership with Covesting introduces features like copy trading and yield accounts, with the COV token providing various incentives. PrimeXBT allows direct Fiat deposits to Global Markets CFDs currency trading accounts by automatically redirecting them from your wallet when a deposit is made. He primarly writes opinion pieces for Bitcompare. You also have pretty extensive order options which is more than we have seen on other trading mobile apps. Your commission will be automatically credited to your PrimeXBT Wallets for Bitcoin BTC, Ethereum ETH, Tether USDT, USD Coin USDC and US dollar USD, depending on the currencies your referrals trade with. If someone knows my private key, so they can also withdraw all my coins. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. The leverage available depends on the asset type and position size. This is a service for copying trades, it allows the user to duplicate trade settings on the trade by taking them from another user for a small fee.

Is PrimeXBT Safe?

The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. The user needs to go and input promo code in promo section before making a first deposit. Additionally, PrimeXBT supports third party payment providers such as Volet and Perfect Money. Beware of their practices that seem to hinder profitability, and consider alternative brokers for a more transparent and reliable trading experience. This section will highlight the key benefits of adjusting leverage on PrimeXBT. 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 website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Indeed, the OFAC administers and enforces US financial sanctions. To help contextualize this PrimeXBT copy trading review and discussion on its futures, let’s walk through how to access these features. It lets traders customize their leverage levels based on risk tolerance and trading strategy. Finally, PrimeXBT also runs a pretty unique medium blog. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors.

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PrimeXBT also offers users weekly Market Research Reports, based on technical and fundamental analysis. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. Risks in the market increase with the inclusion of cryptocurrencies and other speculative assets. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. Com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Orders and positions will be Sent/Canceled/Closed immediately and without confirmation prompts. That answer is entirely up to each individual and the information we have provided. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. You can also deposit and withdraw cryptocurrencies. Once you meet the KYC requirements and AML regulations, your data needs to be secure, safe and the infrastructure holding your information maintained to current best practices. The Minimum Deposit for 1st time traders might vary based on the trading account type selected. We would suggest you use the web app as the first port of call and leave the mobile app for monitoring open positions and having to perform on the go trade maintenance. Moreover, the exchange has been around for over 5 years, and their track record shows no major security breaches reported publicly. Happy trading, and thanks for choosing PrimeXBT. We help you find the right software for your business. When the gathered data is aggregated, analyzed and put into a comprehensive chart, it’s your time to browse it and choose the best cryptocurrency exchange according to your preferences. 071 USDT in trading fees. This commitment to openness allows for a trustworthy and straightforward user experience. 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. I registered crypto wallet and made my first crypto transfer. Despite its international footprint, PrimeXBT operates without formal regulation by financial authorities, which might concern some investors due to the lack of formal investor protection and recourse mechanisms typically provided by regulatory bodies. As Chainlink interacts with oracles, they do not operate on its blockchain; it allows more information transfer. These products are not suitable for all investors. After so much stagnancy in Litecoin, and due to the sudden exposure of the tiny LTC supply to 346 million PayPal users who are more likely to buy the cheap coin and not Bitcoin, it very well could make for a strong investment in the future once again. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. Additionally, BitSeven provides extensive educational resources such as tutorials, webinars, and articles to help users learn about trading and the platform’s features. This will allow you to earn a commission from referring friends to the platform.

Is PrimeXBT Safe to Trade With?

Remember, margin trading is not suitable for everyone. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. Payment Methods: Debit card, credit card, cryptocurrency. The platform offers its diverse customer base cutting edge products and professional trading conditions. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. By understanding and adhering to these terms and conditions, traders can ensure that they fully benefit from the promo codes and avoid any potential issues. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. When do Primexbt bonuses expire. How are Commodity Brent, Crude, and Nat. On the other hand, you can hold a position for several hours without having to pay the funding rate as long as your are in between the specific hours when funding occurs. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. As of October 2018, there was a limited offer of cryptocurrency platforms with leveraged trading. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform. The only risk is your information being leaked via a malicious attack. The platform provides access to major and minor currency pairs, enabling traders to capitalize on market movements. FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY IN ORDER TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. Entering a position gets the former while the latter is for any positions held overnight. The section also has a few posts on industry analysis to get an overall view of what is happening in the market. Trading involves risk. Even so, Binance has set itself apart by offering an insurance fund for user assets. Financial expert and analyst at Traders Union. Regulated by the authorities in Cyprus. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0.

Regulation in Namibia

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. The size of the swap for long and short trading positions depends on the underlying asset. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Any appropriate stop loss order should also be mentioned in this transaction as well, and the broker will then simply wait to see whether or not the proper conditions get reached. Also, we highly recommend enabling 2FA 2 factor authentication and login notifications. Some exchange platforms will require verification of your details; hence the account opening process can take a day or more. This method effectively measures the capability of customer support to assist both active traders and casual investors. $2,000 by bank card. With PrimeXBT I unlock everything in trading. Whether you’re a seasoned cryptocurrency investor or a newcomer to the world of digital assets, there comes a time when you’ll want to transfer your cryptocurrency from your PrimeXBT account to a secure, non custodial wallet like Zengo. Returns that are huge, trading conditions too good to be true, trading schemes that somehow purport to avoid regulations, all of these are different types of forex scams that need to be avoided. PrimeXBT’s adherence to strict AML compliance guidelines, use of advanced blockchain monitoring tools, and prohibition of anonymous cryptocurrencies further solidify its commitment to preventing illicit activities. This is PrimeXBT’s biggest weakness. Cardano uses a powerful proof of stake consensus algorithm called Ouroboros to secure the blockchain.

Step 3: Withdrawal and Review

Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. The platform is designed to handle high trading volumes and maintain seamless operation even during peak market activity. It’s a great choice for anyone entering crypto trading. You can pretty much do the same if you like the outlook. PrimeBit is not accessible to traders from the United States and a few other countries due to local laws and regulations. For example, you can buy and sell silver for US dollars. Withdrawal Crypto and fiat. Similar to Bitcoin, Litecoin is a digital currency that is expected to experience significant growth in the long term. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. At the same time, they use margin from the account to buy the other 100 shares, borrowing $6,000 from their broker. Your insights help us improve. Thanks again for choosing PrimeXBT. However, there are some regions where PrimeXBT does not accept users, including. Another top feature is the addition of a chat option on the main dashboard menu to the right. 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. We appreciate your feedback on adding more features for analysis. Es gibt keine Einschränkungen hinsichtlich Handelsstilen oder strategien, was Flexibilität ermöglicht. $2,000 by bank card. Upon visiting the account section, you can access the Deposit page by clicking on Deposit in the left hand sidebar, or you can click on Deposit to Wallet in the Account Summary page to initiate the deposit process.

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You can make deposits and withdrawals within the app as well. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. For example, you put down $25 USD and leverage 4:1, or 4x, to borrow $75 USD to buy $100 USD worth of Bitcoin. PrimeXBT’s diverse funding options provide flexibility and convenience, catering to the needs of different traders. Requests before 12:00 UTC are processed the same day; those after 12:00 UTC are processed the next day. Additionally, leveraging PrimeXBT’s support services can provide valuable guidance and assistance in navigating regulatory challenges. Primexbt 50 bonus, primexbt bonus 50 and primexbt 35 bonus. Popular Global Stocks. 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. Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. 2023 saw PrimeXBT roll out new features like an adjustable leverage system, order book implementation, and expanded altcoin assets. We’ll delve deeper into these implications in the next section. However, you should always use caution because this is a relatively new broker and we cannot vouch for their integrity. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom.

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Navigation was intuitive, with all the essential tools and indicators just a click away. 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. Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. 071 USDT in trading fees. Additionally, old promo codes will continue to function as usual. There is no management or any commission charged for copy trading. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Ensure all information provided is accurate and complete the verification process as required by PrimeXBT. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. Here’s our detailed analysis of the futures trading experience. The first pan Caribbean private equity fund dedicated exclusively to making investments in the CARICOM Region. If you are still unable to find the email, please whitelist. Here you can select the parameters of your predictions, such as Currency, Duration and Amount of funds used in a prediction. Bybit has been expanding its user base, not only being adopted by retail traders but professional traders and firms as well, encouraged by Bybit’s sterling reputation and efforts in the crypto space. You have crypto rewards waiting to be collected. Direct Crypto deposits allow you to seamlessly transfer cryptocurrencies from your personal crypto wallets directly to your PrimeXBT Wallets, enabling quick and secure funding of your trading account. Top traders who operate private trading groups, or share charts on social media or TradingView will also benefit significantly from leveraging their followers and inviting them to take advantage of PrimeXBT’s advanced trading tools. PrimeXBT isn’t just another trading platform; it’s a dynamic powerhouse offering leveraged trading on crypto CFDs, commodities, indices, and Forex. Trade over 30+ assets: Crypto, FX, Commodities and Indices CFDs with up to 500x leverage on a fully customizable trading platform. This prevents unauthorized transfers even if someone gains access to your account. Cryptocurrency trading can be extremely profitable for those willing to put in the time, effort, and take some risks at times.

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Some crypto traders keep their assets in the crypto exchange account, but it is strongly recommended to keep digital assets in crypto wallets that are much more secure. The tool is easy to use and new traders enjoy the first 3 months subscription free. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. Can I change my leverage. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. In 2024, PrimeXBT offers valuable promo codes to boost your trading. 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 streamlined approach allows traders to access crypto futures, traditional asset CFDs, contests, copy trading, and other valuable resources without the need for multiple accounts or platforms. While this can amplify your gains, it will do the same for losses. PrimeXBT tiene la funcionalidad analítica y de noticias más potente integrada en la plataforma. Io is a great exchange, don’t get me wrong. Although it has been a significant commodity in the past,. Trading Platforms by Deposit. These are professionally done and well presented. Newcomers to crypto trading may also want to consider the minimum deposit required to start trading, as they might prefer to begin with a smaller investment. Best regards,The PrimeXBT Team. By learning from both successful trades and cautionary tales, you can approach leverage trading with a more informed and risk averse perspective. If you are looking for a leveraged cryptocurrency exchange with relatively advanced technology, transparent and low fees, and strong security procedures then it should be considered. In rare cases it may take up to 24 hours to process your withdrawal on a business day. This can occur due to slippage, especially in fast moving or thin markets. Click ‘Buy’ or ‘Sell’ to place a trade, either from the chart or by right clicking on the asset from the ‘TRADE’ widget. My experience with PrimeXBT’s customer support was mixed. When positions remain open at the time of completion of a contest their Unrealized P/L will be included in the final total profit calculations. I noticed it was going to fall, so here was a chance to short sell and to start recovering funds. It has a market capitalization of @ and trades under the ticker @. 00003043 on May 11th—an astonishing gain of over 18,000,000%. Leveraging and short term trading strategies — such as scalping, range trading, news based trading — help traders make money within their markets as they capitalize on small price movements. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. 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.

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Cryptocurrency trading is buying and selling the underlying coins via an exchange or act of speculating on cryptocurrency price movements via a CFD trading account. Alternatively, you can. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. PrimeXBT does not charge any fees for deposits and withdrawals. New users will enjoy the ability to copy the trades of experienced traders. Apply today or share this post with your network. The exchange hasn’t been hacked up to the point of this writing and is considered one of the reliable and secure trading platforms. PrimeXBT does not charge for deposit or wallet creation. The lack of portfolios to browse and copy is a con in itself. It offers mobile apps for Android and iOS, allowing you to trade on the go. Best regards,The PrimeXBT Team. However, you cannot withdraw or transfer this amount but only use it to trade on the platform. Aside from those that allow one to stake their tokens to participate in the Proof of Stake consensus mechanism, centralised entities like OKX also offer a few ways for you to lend your crypto tokens to others and get rewarded for it. Withdrawing funds from PrimeXBT is a simple process. Step 4: Execute Your Trades. This makes this platform the one with the widest possible market range. Initial data: Resistance $200 = x / Support level $185 = y / Downtrend target = z.