PrimeXBT Alternatives

To verify your account, just click on ‘Settings’ from the Account dropdown menu. With the integration of TradingView charts, I find PrimeXBT WebTrader is powerful, versatile, and well suited for in depth technical analysis. Diversify investments across different asset classes and industries to reduce exposure to individual risks. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. Date of experience: October 08, 2024. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. The trader uses stop loss orders to automatically exit the position if the price falls below a predetermined threshold, limiting potential losses. At the moment, an API interface is not available. Additionally, users can deposit and withdraw US dollars. The broker also provides social and copy trading services. Leverage our Post Affiliate Pro software for seamless management. Some platforms also allow limit orders to close positions, acting as a take profit order. PrimeXBT has most of the standard order types as well as some protection orders. Analysing the past market data is known as technical analysis. 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. OKX also conducts Proof of Reserves on its crypto assets which is a lot more than what you can say about some exchanges these days. Additionally, the self regulatory body grants membership to various blockchain platforms, technology providers, investment platform providers, and even educational providers. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website.

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Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. And as competition in the space increases, Ethereum will likely continue to develop more innovative solutions, which will inevitable play into any Ethereum price prediction. Cryptocurrency related services in Prime XBT are offered by Lithuanian based company Baksta UAB, registered by the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. These factors include market volatility, the asset class being traded, and prevailing interest rates. However, traders and investors alike who value access to an extensive spot market selection, advanced trading tools with high liquidity in major futures markets plus advanced derivatives products such as leveraged tokens, with volume tiered fee models and rebates may prefer other crypto focused exchanges, as PrimeXBT is more focused on being a multi asset trading exchange. Everything we do is in service of our clients and their best interests. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. The platform provides access to a wide range of pairs, including major, minor, and exotic currencies. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. PrimeXBT stands out as one of the best leverage crypto trading platforms in the industry. If the stock rises to $30, your profit doubles with margin. Trend reports are an illustrative report depicting transaction trends via easy to digest data and helpful charts. Of course, even if a hacker is able to get hold of a user’s password, PrimeXBT offers two factor authentication, meaning a hacker won’t be Q&A PrimeXBT able to access a user’s account without also having a user’s 2FA code. PrimeXBT presents an interface that’s both customizable and user friendly. However, some training opportunities are available here. However, achieving this will require overcoming the intermediate barrier at $0. The funding rate applies to long and short positions in the market if you’re carrying forward your trades to the next day. At the same time, a cash position in most assets would have to be worth millions in order to earn a million in ROI, while a $1 million ROI trade is possible with as low as a $1,000 margin account position, possibly lower, depending on leverage available at each broker. Online Marketer, Writer and Entrepreneur. Therefore, non English speaking clients are recommended alternative resources for gaining knowledge by Support managers. It’s important for investors to carefully evaluate their risk tolerance, and perform thorough research before deciding to invest in SHIB. 2024 00343, having its registered office address at PKF Corporate Services Ltd. 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. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Bybit also uses SSL encryption, supports 2FA, and has insurance in place to protect traders in the event of liquidation posed by shortfalls in futures contract settlement. PrimeXBT delivered a seamless trading experience. Yeah, for crypto trading this feels like the better option.

Download PrimeXBT App

All referral links will be removed. $100 every 15th of the month should balance times when Ether is at a higher price with times when you purchase at a lower Ethereum price. Learn more about other kinds of reviews. Both platforms offer some of the lowest fees in the industry. Depending on your jurisdiction, some products or services might not be available. By far the best exchange site and very reliable for buying and selling of cryptocurrencies. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Unlimited for verified users. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. Before you can successfully place your first Bitcoin trade on the PrimeXBT trading platform, you need to understand some important concepts and trading terms. The Welcome Bonus is an excellent way for new users to begin trading with additional capital, but it’s crucial to be aware of the associated terms and limitations. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. With mirror trading, their dream will come true as this approach offers every investor the power to mirror the moves of seasoned and expert traders, potentially enabling them to reap the rewards of their success. Restricted JurisdictionsPrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. While the broker offers competitive swaps, based on my findings, it does not provide any assets suitable for longer term trading. They only have two types of fees, and these are the trade fee and the overnight fee. Learn more about Baksta’s Legal Terms. If you have any questions or need assistance, feel free to reach out at. Yes, it is necessary to report crypto even if you didn’t sell. By adding lower overnight fees to our already low trading fees – which on Forex, Commodities, and Indices, are actually 0% – you can now truly trade more for less with your PrimeXBT account. Dear DanutaThanks for your feedback, PrimeXBT appreciates your opinion. I will try to simplify it for you. The amount of margin depends on the trading asset, for example. Primexbt Promo Code Get Bonus. With a user friendly interface and powerful features like biometric authentication, managing your trades is as easy as using your favorite social media app. KYC, or Know Your Customer, is a regulatory requirement for financial institutions and trading platforms to verify the identity of their clients. If not properly managed, sudden price declines might result in substantial losses. PrimeXBT operates with a strong focus on global accessibility, ensuring compliance with local regulations in regions where its services are offered. The extensive array of price charts are also available from the main ‘trade’ tab.

Do more with your CryptoDo more with your Crypto

This means that users can insert a new panel onto any one of their desired workspaces. I also tested the fiat withdrawal process, using Volet. Trade Forex, indices, commodities, and cryptos with ease, no matter which way the market moves. Uniswap enables users to swap tokens without requiring a counterparty by utilizing automated market making algorithms. It appears to have a lot of the same functionality that you have on the desktop platform. The Bitcoin price reached an incredible $68,818 on 5 March 2024. Leverage is flexible and depends on the notional value of your futures contracts. The content published by guest authors is not investment advice. The app is a lot better than it used to be and a good option for people wanting to trade perps in the uk. See the results of your calculation below.

Amazing, very helpful

The variety of assets under management is impressive, ranging from cryptocurrencies like bitcoin to traditional ones such as gold and stock indices. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Unlimited via Perfect Money. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. PrimeXBT is pleased to announce the results of the Crypto Futures Bug Bounty III Contest, offering a total of $100,000. Additionally, maintain a healthy margin level to avoid getting liquidated. Матеріал з маркуванням «реклама» та «промоція» публікується на правах реклами. Yes, the PrimeXBT app allows you to customize the layout to suit your trading preferences, including arranging charts and watchlists. Date of experience: November 11, 2024. This duration accounts for the necessary security checks and processing time. Virtual Assets are high risk products, highly volatile, with fluctuating values. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. But the transparency of this process raises questions. The result has been increased efficiency and speed. Support response times aren’t nearly as prompt as with leading exchanges out there, although most inquiries receive a response within 48 hours.

Exchange Trade Volume

When it comes to storing your passwords, PrimeXBT state that they use the “bcrypt” algorithm. 2024 00343, having its registered office address at PKF Corporate Services Ltd. If you were to close out the trade at $113, you will have had a gain of $1000, excluding commissions. I opened this long position with a tight stop loss. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Perhaps you are okay with paying up to $5 extra for this order. Carefully placing these stop loss levels is critical to win, and is crucial to proper trade management and risk mitigation. These details are then summarised on Schedule D of your tax return. This may impact how, where and which companies / services we review and write about. PrimeXBT is also hosted on AWS «Amazon Web Services» which has a proven track record for security in the industry. The platform is designed for traders with a higher level of expertise, implying a steeper learning curve for novices. This international trading platform provides innovative tokens a more streamlined approach for being listed, while also providing instant trade execution, dependable digital wallets, and industry leading security practices. The number of followers a manager attracts also demonstrates a strategy’s popularity and earning potential. 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. But unfortunately i received bonus of only 2 referals and they say my 3rd referal have not met the condition, and when i tell them i gave u proofs they always say your referal not met condition. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. 9% availability rate, ensuring that traders worldwide have near constant access to the volatile cryptocurrency markets. Users can contact customer support by email at. Transaction delays can be frustrating, especially when you need funds quickly.

Unsolicited

It gives chances for everyone interested in trading to start from somewhere as its minimum disposal is affordable. 12 milliseconds on average. A market cycle is a full bull market trend, followed by a bear market trend, which then repeats. Maker fees are generally lower and are applied when adding liquidity to the market, while taker fees are higher and are charged when removing liquidity. Returns or profits may be subject to capital gains tax. Note that in the terms and conditions, it is clearly stated that the company does reserve the right at any time to conduct a verification of a client’s identity or source of funds. Their paid subscriptions are a bit more expensive than their competitors – one hundred twenty dollars a month for Forex signals and Binance Futures trading signals. PrimeXBT is a CFD exchange that offers a suite of tradable markets such as crypto, commodities, stocks, indices and more in one convenient place. The broker publishes regular market news, weekly outlooks, and general market breakdowns. And you can also purchase cryptocurrency for your deposit using Baksta affiliate service. We’re glad to hear that you’ve found a leverage level that you’re comfortable with and that it has helped you capitalize on the recent market movements. Deposits are made through third party services such as Coinify, Changelly, Xanpool, CEX. 05% for both takers and makers. Receive the latest news and stay informed. You can only withdraw fiat using the same payment method you used for deposits. Well, we are not really fans of mobile trading in general. Questa relazione simbiotica crea uno scenario vantaggioso per entrambi – i Manager di Strategia guadagnano una percentuale dei profitti realizzati dai loro Follower, mentre i Follower godono di profitti passivi senza la necessità di fare trading attivamente. For the whales, there is also a third choice of joining the VIP program. Binance requires KYC for certain features and higher withdrawal limits. Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Majuro, Marshall Islands. 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. Depending on your jurisdiction, some products or services might not be available. High Risk Warning: Trading in foreign exchange and other financial instruments is inherently high risk and may not be appropriate for all investors.

Risk warning

PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Critically for investors, Cardano has relatively constrained issuance rates, especially compared to rivals like Ethereum. Risk Disclosure Statement. They simply don’t want to wait for the validation process. Here’s an overview of the different account tiers and their associated benefits. Bitcoin’s distribution may even be lower than currently know, despite the transparent number of total coins in circulation and to ever exist. That is because to a brand new crypto user who has never traded before, neither Bybit nor PrimeXBT would seem very user friendly at all. Yet, this is often compromised by Know Your Customer KYC regulations on many cryptocurrency exchanges. Another cool feature that sets PrimeXBT apart is that users can design their own trading contest for their communities.

Binance Black Friday Deal

Our platform’s success has been further enhanced by our continual efforts to pass on as many possible savings as we can to users, and our recently released CPA program is sure to help stimulate further platform growth while also giving users another way to increase their profitability with PrimeXBT. This transparency allows users to make informed trading decisions, about which traders to follow. For example, VPN software can be used to hide an IP address, and by blocking IPs to some countries, unrestricted users may end up unfairly blocked while traveling, potentially leading to losses due to an inability to trade. However, it does not incorporate any third party research tools like Trading Central and Autochartist, which could make its market research content more nuanced and comprehensive. To short on PrimeXBT, log in, choose the market, set parameters for a short position, and execute the trade by selecting “Sell. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Traders can also insert a referral code, if they have one, for special features and discounts on PrimeXBT. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. Returns or profits may be subject to capital gains tax. We appreciate your positive feedback and are committed to continually enhancing our services. Notably, there are no trust scores from CoinMarketCap and CoinGecko. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Be sure you fully understand the risks involved in leveraged trading before using leverage on a live account. PrimeXBT delivered a seamless trading experience. As a derivatives trading platform, PrimeXBT does not offer any spot markets. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. Continuous development, guided primarily by the systematic improvement of trading conditions, is the key to the Exness Group’s long term success. The exchange has pages in popular social networks: Instagram, Facebook, Twitter, as well as on YouTube, Reddit, and Discord. For instance, BTC withdrawals are pegged at a static 0. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. You can then buy, sell, and trade cryptos without giving any personal details or documents. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. By lending your coins out you are not only receiving the interest from doing so, but you can also set terms that see you accumulating the gains that come with the appreciation of the price of the certain cryptocurrency. The support service works quickly and professionally, which will help customers to promptly deal with possible difficulties. If problems persist, PrimeXBT’s customer support is available to assist with more complex issues.

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We act as an STP broker to ensure fast order execution and excellent liquidity for traders. 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. PrimeXBT’s copy trading feature is marketed as Covesting and operates similarly to the copy trading services offered by eToro. Io is a great exchange, don’t get me wrong. A support agent will join the chat shortly to assist you. KHAIRUNAIM HASSAN Says. Add funds to your account by selecting your preferred payment method. If you withdraw your funds from the account, any active bonus may be canceled. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. Bitcoin is rising on Thursday, trading up almost 3% across the past 24 hours, boosted by in line US inflation data,. PrimeXBT does not accept clients from Restricted Jurisdictions as indicated in its website. Plamen’s favourite trading instruments include FX majors and gold. We’re glad to hear that our support team was responsive and able to assist you with your queries about taker/maker fees. 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. PrimeXBT and Coinbase are quite different in their offerings. The exchange lets you trade the SandP 500 index with up to 100x leverage. Hope all your questions will be solved. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Given that PrimeXBT has developed a highly efficient trading engine, they are able to execute orders at below 7. This section delves into the negative feedback provided by users, offering a balanced perspective on the platform’s performance. If you are ready to place a trade, you typically need to change a dialog box from “market order” to “pending order. PrimeXBT offers various withdrawal methods, including. When the stop price is reached, a stop order becomes a market order. A wide variety of tradable markets are available on PrimeXBT, enabling traders to diversify their holdings and seize different market opportunities. We pride ourselves on giving you as many options as possible when it comes to your trading. CFD stands for contract for difference. This information is general in nature and is for educational purposes only.