PrimeXBT Review 2025: Complete Exchange Overview

Best regards,The PrimeXBT Team. 99% fee, not PrimeXBT. 2 of PrimeXBT’s Terms and Conditions. If you have any further questions or need assistance with other features or upcoming contests, please feel free to reach out to us at. Once bought, tokens swiftly land in your personal wallet for safekeeping. No, PrimeXBT does not require KYC verification for basic accounts, allowing for anonymous trading. For example, you put down $25 USD and leverage 4:1, or 4x, to borrow $75 USD to buy $100 USD worth of Bitcoin. He received his MBA from the Wharton School in May 2007, with a major in Finance and Entrepreneurial management. This transparency helps you choose a trader you’re confident in copying. Register and join our community with millions of traders from all around the world. Xmas1000 provides a deposit bonus of $100 when a user deposits $1,000. In retrospect and considering we’ve already seen these movements, each saw a striking distance from their previous high making it one of the World’s largest Crypto. Covesting copy trading lets newcomers tap into the experience of other traders globally, yield accounts enable passive income through staking, and a contests section lets traders use virtual funds to learn to trade in real time. Though, where PrimeXBT is pretty cool is that they also offer forex trading, commodities like gold, silver, oil etc. These are generally less common but can still affect overall costs. The company behind the trading platform is Prime XBT Trading Services and their registration number is 217308. Some indices are set up as ETFs, which can be freely traded on a stock exchange, just like regular shares. Returns may be subject to tax. Transactions are verified by miners, ensuring the integrity of the network. Returns or profits may be subject to capital gains tax. The EUR/USD pair is a popular currency pair to trade in the. These issues may arise from unverified accounts, mismatched information, or incomplete verification processes. The best platform to trade crypto futures, that we’ve found, is PrimeXBT. Resource 20 IndexFinancial and Ind. FTX services available worldwide except for a handful of countries, at the moment they are not accepting user registrations from United States residents and oil trading specifically is not permitted to UK, Singapore, and Canada residents either, although users from these countries can still register and use parts of the platform’s services. The platform offers USDT Perpetual contracts, Inverse Perpetual and Futures contracts, Options Contracts, and USDC Perpetual Contracts. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. There are many top ways to earn by investing in Bitcoin such as mining, holding, day trading, staking, lending, earning commission, and many more. They are registered in Seychelles and have offices in St.

◾️Why is my order rejected?

PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. By working with the top market makers, PrimeXBT offers the deepest possible liquidity for minimum slippage. Bybit goes above and beyond, providing some of the most in depth analysis reports and tools free for anyone to access, so a tip of my hat to the folks over at Bybit for their selfless efforts here. Commodity CFD trading gives you the opportunity to speculate on Metals like Gold, and Energies like Oil, without the hassle of having to actually own and store the physical assets. In fact EAs or “Expert Advisors”, which are pieces of software that monitor the market and place or close trades at specific levels or under predefined conditions – have been used for decades by both retail, professional and institutional traders. Investors place orders through brokers, who execute trades on their behalf. 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. 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. This bonus can be an excellent option for traders looking to increase their trading capital, but it is important to remember the withdrawal limitations and the need to manage your account carefully. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. When you click ‘Confirm’ in the bottom right corner, your market order will be executed. Now, in 2025, there are still changes happening, and there are a lot of factors to consider when choosing a cryptocurrency to invest in. To do this, you can make use of direct crypto deposits if you already have a wallet. I have been using the contest accounts for 3 months now and I believe it’s time for me to leave this PrimeXBT review here. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. These include the United States of America, Japan, St. For more information, please see our Cookie Notice and our Privacy Policy. 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. The fiat withdrawal process was straightforward but took a long time. Seek independent advice if you have questions or do not fully understand the risks.

PrimeXBT Review 2025

PrimeXBT supports trading Crypto, Commodities, Forex, and Global Indices. Here’s our detailed analysis of the futures trading experience. This is why many different exchange platforms offer it to their communities, and why there are several exchanges that exist solely to work with futures. The cryptocurrency industry is a booming, new financial market surrounding emerging technologies. Diversify across more than just https://reviewprimexbt.com/partnership/ Crypto. The concept is that instead of having separate entities that work independently, they would become a part of the same ecosystem where information and money can be exchanged in a secure and scalable way. Claim up to $7,000 in Bonus. We’re proud to announce that we’ve been approved as a Member of the Financial Commission, an organisation founded to help resolve disputes between traders and brokers. So, it’s recommended to stay informed about the latest promotions and verify their validity before taking advantage of any codes or bonuses.

Polygon POL ex MATIC price prediction 2028

There are also other less tangible so called “soft announcements”, such as the University of Michigan Consumer Sentiment, which measures how the US population “feels” about the economy. There is also a mobile version an application, which has somewhat limited functionality, but is generally similar to the main version. Date of experience: December 18, 2023. Note that this fee won’t execute if you enter and exit the position with the day. Can trade currency/metal CFDs there too, but I don’t do that. Dogecoin is a proof of work Cryptocurrency used to make payments in a peer to peer network. Understanding these fee differences is crucial for managing trading costs and optimizing your trading strategy. ” Over time, through inflation the asset price of many things will climb. KYC is optional on PrimeXBT. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. You can open an account and start trading with just your email address. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. 95% in total fees for fiat currency deposits. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. When reviewing a broker, we assess if it suits different trading strategies and trader profiles. I love being able to trade crypto, forex, and commodities all in one place. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. Decentralized oracle network. Primexbt in this regard suit me most, thanks for infrastructure. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. It’s ideal for opening, closing, and adjusting positions, as well as placing market, limit, and stop orders while managing trade exposure. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Robinson moved into his current role of Executive Chairman, where he spends the majority of his time developing and executing group initiatives, either through the identification and execution of new acquisitions or developing and strategizing growth strategies for the existing portfolio. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative.

About the Author: admin

Our website uses cookies. Dear Chandra,Thank you for your wonderful feedback. It’s important to read the terms and conditions to understand the withdrawal policies related to the bonus. In the world of finance, margin refers to the money borrowed from a broker that is used to take a position in various investments. Scan this code to download app. One of the key benefits is the ability to start trading without any initial financial commitment. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Understanding the deposit and withdrawal process is crucial for effective fund management. There are also more than 40 CFDs on cryptocurrency on the platform. Given the constant development of functionality and expansion of the services offered, PrimeXBT demonstrates the potential for further growth and improvement of its position in the cryptocurrency exchange market. Affiliate commission comes from referrals’ profit share. This transparency helps you choose a trader you’re confident in copying. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. PrimeXBT Trading Services, S. The company boasts of having cutting edge technology to prevent attacks. Without having to contact support, this resource is helpful for quickly obtaining answers to frequently asked questions. Gas fees aim to cover the expenses of initiating transactions on the blockchain network and are charged in Ether on the Ethereum blockchain. It has materials about what Bitcoin is, how to use algorithmic trading, how to read a Japanese candlestick chart and much more. Everything is well laid out, not cluttered, and easy to find with intuitive drop down menus. Still, the platform’s global community grows rapidly, and with it, so do its liquidity, performance, and reputation. PrimeXBT places a lot of emphasis and effort towards their award winning trading platform and app.

Shorting SHIB Example

Compensation Fund per user. Yet, the real world performance of this well fortified ecosystem under trading conditions remains to be thoroughly vetted. Additionally, its educational and research materials are primarily geared toward crypto trading. I find it enjoyable to replicate the tactics of fellow traders and appreciate the versatility of being able to engage in multiple markets. When markets are moving sideways with no dominant direction, the trend is sideways instead. Users can deposit, withdraw, exchange, and transfer Crypto. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Essentially, there are two major areas we need to examine. To start interacting with PrimeXBT, you need to open an account on the exchange. The Stellar coin forecast presented above provides valuable insights into the asset’s long term growth potential, with price projections ranging from as low as $0. Solana’s strong rally is losing momentum as prices face a pullback, suggesting a potential correction toward the $209. Lastly, publishers should not forget to utilize various social media platforms to reach more potential users.

3 thoughts on “PrimeXBT Review: A Comprehensive Look at the Trading Platform”

While margin accounts have a potential for higher returns than a typical cash account, they do come with a substantial downside risk due to the leverage involved. Resource 20 IndexFinancial and Ind. Now, as you bet 100 USD with 100x leverage, you have instead earned an additional 1,000 USD 990 USD more than if you had not leveraged your deal. You can choose the size of the position that you want to create. I have never experienced delayed funds or issues with withdrawing my profits. Is PrimeXBT Legit and Safe. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Scan this code to download app. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. Bybit has become such a reputable crypto exchange that they have attracted institutional investors and professional firms as well as retail traders, despite the fact that they are unregulated. You can enter promo codes during account registration, in your user dashboard, or in the ‘Promo Code’ section to unlock these benefits. Test it out with a demo account using virtual funds. Easily buy Crypto with Visa or Mastercard. Research about the crypto regulations in your country to find out if there is a tax and, if so, the percentage you have to pay. No, PrimeXBT currently does not offer a demo account. PrimeXBT has most of the standard order types as well as some protection orders. The lack of crypto assets and the fact that there is no spot trading, only CFDs, prevents many crypto traders from using this platform. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. Ultra low fees help profits stack up. Join now to maximize your earnings with Privy. Nothing can be quite as frustrating for a trader than an exchange that takes a long time to respond to their questions or customer support queries, especially when open trades and live money is on the line. During testing, I received fast responses with a reasonable level of detail.

Extremely limited number of trading pairs

In addition, there is a section “Economic Calendar”. We’re glad to hear that you find the crypto options, including Bitcoin futures, on PrimeXBT exciting and fitting for your trading needs. KYC is optional on PrimeXBT. BySylvia DurusonDecember 16, 2024, 11:01 pm. It is clear why this method can provide such profit as it allows traders to invest more money than they have in the hopes of making a return on that increased amount. They offer a wide range of assets to trade and very quick trades. In earlier cases, $100 was utilized, which was then multiplied by 10,000. The trading interface did not seem as intuitive or familiar, though that could be because I have grown used to crypto exchanges with a TradingView interface. According to Trading Education, experts agree that $10 or even $25 is achievable for Ripple. These features could potentially position XRP as a competitive alternative to traditional financial systems, especially in emerging markets where access to banking services is limited. 2024 00343, having its registered office address at PKF Corporate Services Ltd. We will delve into these aspects in the subsequent sections. The markets can suddenly move in one direction or the other, and it isn’t always favorable. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Following the success of other exchanges that launched NFT marketplaces, Bybit was not going to let themselves be outdone and now offer a platform for NFT enthusiasts. However, some training opportunities are available here. So not only are you taking advantage of lower previous prices, but you are also profiting from them as the prices climb. Click Download and confirm the file download if you see a warning. Being able to access tokens early while they are at pre public sale prices can often lead to lucrative gains, but these projects also come with higher risk as they are brand new and highly speculative. These are hosted on AWS web servers which are known to be one of the best in the industry. Beginners and expert traders can join without KYC or AML and profit from the platform’s financial insights. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. 05% commission applied to the raw spread. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. In this case, if the price action resists a downtrend, potential losses will be minimised. High roller discounts are available for institutional traders and those who trade more than 300+ BTC worth of volume in 30 days. The competition only gets better with each passing month, creating more opportunities for followers to take advantage of. You can get Best Crypto Signals on multiple platforms, depending on your trading and lifestyle. This would be a continuation of the action that we have seen every other time a “crypto winter” has taken place. ” The system will validate the code and apply the corresponding bonus to your account.

Disclaimer

PrimeXBT allows traders to trade up to 100 times larger than your initial deposit for the position, increasing the ability to profit. Sign up FREE to receive our extended daily market update and coin analysis report. Let’s start with discussing the amount of leverage you can engage with. The trader user and broker platform agree to exchange the difference in the asset’s price from the opening to the closing of the contract. Traders should exercise caution and have a thorough understanding of the risks involved in leveraged trading. Smart Portfolio is supported by our partner TipRanks. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. Copy trading, by its nature, is a feature that allows inexperienced traders to mimic the strategies of successful ones. The fees for withdrawals are as follows. Trading fees are a really important consideration as they can directly impact your profitability in the long run. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. Spreads can be either fixed or variable, depending on the currency pair and market conditions. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. These features make the PrimeXBT iOS app a comprehensive solution for traders looking to maximize their potential and manage their investments effectively. Some products and/or services might not be covered by the Compensation Fund. Cardano was late to the Crypto market compared to many others, but the altcoin Crypto asset is brimming with innovation,. I always recommend that traders check regulations and verify them with the regulator by double checking the provided license with their database. They also vary depending on the asset being traded and the leverage used. This allows users to buy and sell cryptos 24/7 from a user friendly platform and app. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. :Just a joke, the platform is a user friendly one according to my experiece. Additionally, paid members may receive other trading tools and perks like advice on their portfolio selections and signals for other markets like Forex or Commodities. Ever feel lost trying to figure out the ups and downs of the market. For example, day trading without margin creates a different fee structure to longer term leverage. Bitcoin is on the cusp of widespread institutional adoption, and altcoins.

Important Notice

The earn feature is powered by DeFi protocol Covesting, which makes it possible for users to stake their assets for attractive APYs. While PrimeXBT’s platform supports one click trading, its lowest timeframe is one minute which is not ideal for scalping. The main tool for trading in PrimeXBT is a web platform with built in market analysis tools. However, the absence of custom price alerts was a notable drawback. No clickbait or misleading titles. $20,000 or equivalent for unverified users. 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. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. Verification usually takes up to 2 minutes, after which your account status will be updated to ‘Verified’, and your withdrawal limit will be automatically lifted. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. The market should be approached from two directions, not simply “buying and holding. The platform is simple to use. Trading fees are the primary costs associated with executing trades on PrimeXBT. If you are a beginner trader, you need to prioritise learning all the ropes about the crypto sector before making any investments. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens. Of course, there are also other things to consider. Once you do that, you send the order, and the platform does the rest. Among the disadvantages, we would like to point out that the withdrawal of funds is not round the clock, there is a small selection of cryptocurrencies in which you can deposit and withdraw, as well as the fact that the Personal Cabinet and a number of training materials are available only in English. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. Risks associated with technology: Cardano is a sophisticated blockchain platform that seeks to offer a safe and expandable infrastructure. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. This article is not intended for residents of the European Economic Area or the United Kingdom. My live tests indicate that broken down by asset class and compared to the industry average, PrimeXBT charges low spreads on cryptocurrencies, average spreads on currency pairs, average to high spreads on commodities, and high spreads on indices. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Similar to deposits, withdrawals can be made with cryptocurrency. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. Its three star rating, despite being a newcomer, suggests a promising start and potential reliability in its approach to trading Ethereum.

Worse

While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. It aims to exceed industry standards by offering commodities and other investment tools alongside crypto while maintaining a good reputation as a trustworthy and dependable partner. Margin trading in the cryptocurrency market can be very profitable but also challenging. 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. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. Unlimited for verified users. Users can add watchlists for their favorite pairs, view pending and open orders, and, best of all, they can drag different elements around the screen, meaning they can have a layout that suits their needs best. We’ll explore the platform’s reputation and answer the burning question everyone asks: Is it legit. Learn more about Baksta’s Legal Terms. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The company was launched in 2018 from Seychelles, operating a global dynamic trading platform aimed at cryptocurrency traders. FSCA Regulated SAFCA Regulated UKASIC Regulated AUSCySec Regulated Cyprus. Risk Disclosure Statement. Whether you are new to trading or looking to expand your portfolio, this promotion is designed to give you an edge in the highly competitive world of cryptocurrency and asset trading. Our commitment to privacy is paramount, reflected in the meticulous design of our operations and infrastructure prioritizing personal data protection. 01 for crypto futures 😀 props for keeping them at such low rates, and not only for crypto, spreads for fx majors are good also. Learn more about Baksta’s Legal Terms. PrimeXBT’s research content is highly focused, with a strong emphasis on the crypto market and emerging trading opportunities in popular cryptocurrencies. PrimeXBT is a Bitcoin based margin trading platform.

Open free account

There have nothing for new traders. You only need to fill the Amount of asset you are willing to buy or sell. MicroStrategy has seen its share price rally over 450% year to date as investors see it as a proxy for Bitcoin. While I appreciated its user friendly interface, it does face the common limitation of all trading apps: the challenge of analyzing price action effectively on low resolution devices. This section will unveil the mechanics behind leverage trading and how it applies to the exciting world of Cryptocurrencies. But before there is a clear sign that the bull run is back on, a better way to power your profitability exists. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Our CryptocurrencyExpert. The platform’s copy trading feature allows users to follow successful traders, further enhancing its appeal. It’s often these assets that are extremely oversold that perform the best during the next bull market. Zengo not only allows users to purchase, sell, and trade a diverse range of cryptocurrencies but also enables effortless interaction with numerous Dapps and DeFi platforms via WalletConnect. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. This article is not intended for residents of the European Economic Area or the United Kingdom. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. Debit/Credit Card Withdrawal Fee. You can only withdraw fiat using the same payment method you used for deposits. PrimeXBT allows you to trade some of the most popular digital currencies, including. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. Forex includes all major currency pairs. The exchange was established in 2019 and lets investors trade more than 330 cryptocurrencies, including with leverage. Forex trading may lead to loss of full or partial investments. Refrain from linking posts on social media such as Telegram, Discord, Facebook, Twitter etc, except official social media content from PrimeXBT and Covesting groups and channels. MiFID II and there is no provision for an Investor Compensation Scheme. $20,000 or equivalent for unverified users. When I first got into crypto, I was on a mission to find the perfect exchange for myself and spent countless hours exploring crypto exchange platforms that failed to meet my requirements. In my days of day trading traditional and crypto assets, I have witnessed too many shady forex, stock, and crypto exchanges disappear with everyone’s money or go bust, so I only trust the top regulated and reputable exchanges, and of course, DEXes. When you trade CFDs, you’re betting on price changes from when you open to close a contract.