What is PrimeXBT?

The exchange platform i. Currently, official PrimeXBT Reddit Stats account doesn’t exist or wasn’t submitted. The stop limit order works similarly, but only when the asset price hits a certain amount. It is for this reason we have prepared the below list of pros and cons. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The promotion is active from 11 March through 9 April. Both long and short leveraged trading are ideal strategies for expert traders. Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. For those that do not know, trading on leverage is a way for the individual to get more exposure to an asset than they have put down in funds. There are of course some extra fees to this style of trading, but if your trader wins a lot, you will also profit. Here, copy traders can earn 75% profit share. Its two star rating might hint at greater volatility, yet its performance over 479 active days speaks to its enduring appeal. The integration of limits on its swapping service is restrictive and foreign amongst peer exchanges like Binance. Reviewed by Alexander Goodenough. As you might have found in our Binance review, the online operator certainly goes the extra mile to ensure that customers are spoiled for choice. 💡 No strict minimums. To trade Commodity CFD on PrimeXBT, open a CFD trading account on the WebTrader or app by entering your email address and setting a password. How to Use PrimeXBT Trading Charts. 🏆 The accolades don’t stop there — PrimeXBT has also bagged awards like ADVFN’s Best Bitcoin Margin Trading Platform, Best Crypto Trading App, Best Cryptocurrency and Forex Broker, and Best Crypto Trading Platform.

No data is available now

Traded bitcoin futures. However, Dogecoin can exhibit extreme price volatility, which can lead to large and unexpected losses. Here are 8 tips for writing great reviews. How long can I keep a position open. This is the main attraction of the margin account, the ability to make massive gains with very little in the way of capital deposited. 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. 2024 00343, having its registered office address at PKF Corporate Services Ltd. For example, the stop limit order, which is one of the most popular order types, allows you to trade derivatives in a way that will limit your losses. In the ‘Margin’ page, select the appropriate margin account, enter the promo code, and click ‘Activate’. PrimeXBT implements a high level of security measures, and as of writing these lines, it has never been hacked. We’ll put it to the test, with verification successful while waiting for the outcome. Find answers in our community https://primexbt-funding.com/ forum. Via the Trade page, PrimeXBT provides details on. Posso scambiare criptovalute, forex, indici e materie prime, tutto su un’unica piattaforma. Making trades on the exchange may involve a small risk for the trader. Scan this code to download app. Returns or profits may be subject to capital gains tax.

3 Bitcoke

Binance is a cryptocurrency broker based in China that launched its service in and offers individuals to buy and sell more than 82 cryptocurrencies. When you borrow on margin, there is a bit of interest to pay nightly, so if you hold the position overnight, it is going to cost a small bit of interest that will be calculated automatically. Unless you’re an experienced trader outside the U. Follow the same steps to trade Forex, Commodities, or Indices. Launched in 2018, PrimeXBT has grown globally as it now offers its services to traders in over 150 countries. Next, you need to wait for the order to be executed. The platform features a diverse range of derivative trading instruments, including Crypto Futures and CFDs for both traditional assets and Crypto. With no minimum deposit, copy trading features and low commissions, the broker remains a popular option among crypto trading novices. At the moment PrimeXBT supports BTC, ETH, USDT, USDC and COV deposits. All crypto assets can be bought and sold for US dollars. After setting up the Zengo app and completing the onboarding steps, proceed to follow these simple instructions to withdraw your funds from PrimeXBT to Zengo. Copy Trading: PrimeXBT enables users to copy the strategies of leading traders through the ‘Copy Trading’ product. Here, in the “Rating” tab, you will find hundreds of trading strategies provided by other traders. No matter what the Dogecoin projected growth is and current sentiment, the project could fail and become a poor investment. As a result, it garnered impressive popularity on the global cryptocurrency trading scene: PrimeXBT was chosen by over one million users from all around the globe. Blockchain technology like EOS is new, emerging, and still has many years to go before it shows its true value and revolutionizes industries. 7% last week, marking the fourth straight weekly decline and its largest weekly decline in almost a year. At PrimeXBT, all customer assets are stored in a cold storage wallet. Scan this code to download app. Short positions with allows you to profit from a Cryptocurrency’s price decline. Carefully review all details of the transaction to ensure that the exchange rate is fair. Getting started with crypto can be hard. Kathryn Davies – is a market analyst at PrimeXBT, known for her expertise in fundamental and technical analysis across various markets, including cryptocurrencies, forex, indices, and commodities. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. Custom scripts and ideas shared by our users. And finally, the 5 supported commodities. For most traders, this is probably more than enough, but it is sure to disappoint some individuals who prefer working with smaller altcoins. To better understand the whims of the market, one needs to consider that the market is a collective group of other speculative investors and traders. If you speculate with 1 bitcoin that XRP price will surge against BTC in 24 hours and it does increase by 10%, you’d make a profit of 0. 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.

About Us

Plus, their technical support works great, guys are professionals. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. Within a single interface, PrimeXBT platform offers cutting edge instruments for crypto , forex , stocks , indexes and commodities based CFDs as well as for portfolio management, strategic investments and copy trading. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. The exact amount does depend on the market involved, as the amount of “leverage”, or the multiplier of your initial deposit will vary. What is the withdrawal day pls. While come people will have a XLM price prediction for 2050, the reality is that the future is cloudy at best. This will act as a guarantee that you can buy the cryptocurrency at the price you are placing your bet on. Traditionally, the futures market has been the most direct way to trade commodities. Tips for a Smooth Deposit. Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. 📱 Dive into PrimeXBT’s trading app for access to 100+ markets with trades starting from just $5. Crypto Withdrawal Fees. This will naturally balance our discussion out, and add more necessary context. These products are not suitable for all investors. I’m the author of the articles on this website and of many others published on other websites specialised in stock market investment and finance in general. Yes, PrimeXBT and similar platforms often provide API access that allows you to connect your trading account to custom trading solutions, automate trading, or integrate third party tools and analytics. The platform is not available in certain jurisdictions like Singapore, Canada specifically Ontario and Quebec, and other countries due to regulatory compliance issues. Buy MTN Zakhele SharesBuy Solbe1 Sasol SharesBuy Sasol Inzalo SharesBuy Sasol Khanyisa SharesBuy Phuthuma Nathi Shares. It goes against our guidelines to offer incentives for reviews. Hovering over any point on the chart will show you the specific date and time as well as the open, high, low, close, and value. To improve their services, these platforms often collaborate with other financial and tech companies, ensuring high security and advanced features for their users. This means, you should never allocate your entire trading account to the margin, as even small price movements against your favor can lead to the infamous “margin call. PrimeXBT isn’t just another trading platform; it’s a dynamic powerhouse offering leveraged trading on crypto CFDs, commodities, indices, and Forex. However, PrimeXBT offers an excellent online platform that many traders love. The way PrimeXBT advertises BO is a bit over the top, which is another similarity between them and the “old” BO brokers: “The fastest and easiest way to trade the markets. Within a short period of time, PrimeXBT has grown exponentially and currently provides its services to clients in over 150 countries. These products are not suitable for all investors. Clients who wish to use the Covesting copy trading feature will pay a 1% entry fee when they start following signal providers. Customer support is available 24/7 through live chat and email.

Robust multi level, referral program

There are tight spreads, low commissions and fees for opening and closing positions and high leverage up to x200 on Bitcoin but there are some lags during high volatility. This would allow developers to code their own bots and trading algorithms to trade on the PrimeXBT platform. 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. Security features include but are not limited to. Unfortunately, this does happen. Scam Forex BrokersUnregulated Forex Brokers. To celebrate hitting the 10M user milestone, Bybit is waving fees on all spot trading pairs which is pretty sweet. A pop up menu with a Trade link and a Summary picture of the Trades details will appear. Pricing and Feature list. Most cryptocurrency prices see major fluctuations as the market goes through its bullish and bearish cycles, and DOT is no exception. Other coins such as Dogecoin, have performed even better. Click on the Continue button to proceed. It is often referred to as digital Gold. 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 can amplify your potential profits, but also magnifies potential losses. Additionally, PrimeXBT offers zero commissions for trading commodities, forex, and indices, making it cost effective for traders. As well as this, the interface for the platform is very straightforward, making SimpleSwap a potentially more appealing option than some decentralized exchange that take a little more getting used to. Alternatively, you scan the QR code provided. All CFD trading accounts should assign adequate margin to cover all trades, as well as additional margin to protect against liquidation if a deal goes against them. We’ve helped break down which platform is the best by each crucial factor, including safety and security, reputation, trading instruments, and additional features. Like Litecoin, Dogecoin uses the proof of work algorithm for consensus of the blockchain protocol. Upto 200x Leverage for BTC. Additionally, users can access their transfer histories through individual wallets. PrimeXBT’s flat fees work best for low volume or cautious traders who prefer predictability and budget control. Not only can users participate in the trading contest set up by PrimeXBT, they can also design their own for the trading community. UPDATE ON THE SYMMETRICAL TRIANGULAR CHART PATTERN. PrimeXBT 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. BitDegree aims to uncover, simplify and share Web3 and cryptocurrency education with the masses. The reason for this is simple: your free margin depends on the unrealized profits and losses of your open crypto trades. Successful traders are then granted prizes in the form of tradable bonuses.

Unrecognized or Partially Recognized Jurisdictions:

After the price of Bitcoin reached $15,000, a bottom was put in, and Bitcoin price began to stabilize. Below, you can learn about some of the most. Amid the broader crypto market recovery, the meme coin sector seems to be in the limelight once again. The PrimeXBT trading platform has plenty of tools available to suit traders of most skill levels. With price charts tooling by PrimeXBT, users do not have to access third party apps to check the price performance of their assets of interest. Include market prices from exchanges. Buy BTC from Simplex: the minimum purchase amount for the first purchase converted to USD is $50, the maximum is $20,000/day. 12 milliseconds ms on average to execute a trade due to its reliance on data centres in London and Frankfurt. PrimeXBT Trading Services LLC is incorporated in St. This platform represents an evolution of the “PAPYRUS Messenger,” serving as the cornerstone of the ambitious “unagi” initiative, aimed at catalyzing the mass adoption of blockchain technology. 7% last week, marking the fourth straight weekly decline and its largest weekly decline in almost a year. Users can trade in a wide range of markets, including cryptocurrency, Forex, Indices, and commodities, using BTC, ETH, USDT, and other popular cryptocurrencies as collateral. Nope, it’s currently unregulated by financial authorities. With NordVPN, you will not experience any speed drop and your real IP address will be hidden at all times. Numerous factors, such as institutional adoption, the most recent halving event, regulatory changes and macroeconomic trends, will influence the price of Bitcoin in 2024. They seemingly receive salary not for no reason, lol, sometimes, there are platform where support guys receive money for nothing. If you want to reduce the risk, you can simply open a smaller position. Therefore, its network shares the same benefits as Bitcoin in being the pioneers of the sector. PrimeXBT supports the trading of Crypto Fiat trade pairings. In fact, PrimeXBT actually measured the slippage on their executed orders. Advanced trading features include ‘take profit’ and ‘stop loss,’ allowing users to effectively manage market risk. In addition, if you are not a competent programmer or familiar with the creation of financial strategies, trading bots may also not be for you. At the end of the day, that is the most important thing to know on a chart, and people will typically use technical analysis as an entry or exit signal, perhaps based upon the longer term movement known as “the trend. PrimeXBT deposit methods unlock a world of flexibility as you manage your funds effortlessly. Fast forwarding to 2027, our expert opinion holds the price trajectory of ADA stable. In turn, you can make more than a 70% return on your investment within minutes. This site contains affiliate links to products/services. The opinions of specialists on the prospects for Litecoin vary. Using the bonus fully is recommended, as is withdrawing only when the gains are sufficient. Common examples of the schemes these cyber criminals carry out include fraud, malware, phishing attacks, and impersonating prominent crypto industry figures, celebrities, and even platforms such as PrimeXBT.

More Sections

The highest possible leverage is automatically applied when opening a position, and you can control it by selecting the size of the position. These will help you access Binance, Coinbase, Bybit, Bisq, and other popular exchanges worldwide. Whether you’re drawn to the potential for capital growth, dividend income, or voting privileges, stock trading offers a dynamic avenue for investors to engage with the market. Contests: Account holders can win enticing prices via the Contests page. Overnight finance costs, commissions, and guaranteed stop fees are examples of these types of fees. Dependendo da oferta selecionada, os afiliados podem desfrutar de até 50% de participação nos lucros e $2500 por cliente indicado. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees. This is a vast improvement from the traditional broker client model. I do get fan mail now which is quite funny. This is a break down weekly analysis of Natural Gas. ” This will automatically open your position and place it in the “Positions” tab. Other data points in the survey included the problems that cryptocurrency traders experience with cryptocurrency exchanges and the expectation of traders. 📊 Standout Features: PrimeXBT offers proprietary copy trading, allowing beginners to follow successful traders’ strategies. Despite being a relatively recent addition to the crypto scene, PrimeXBT has grown exponentially in the years since its launch and currently has users all over the world in over 150 countries. Dear Quang,It’s great to hear that you’re taking advantage of the stable Bitcoin prices to trade with leverage on PrimeXBT. The Covesting module highlights top traders and their returns, allowing users to invest and create funds rated by capital and ROI. PrimeXBT stands out as an all encompassing trading solution, offering a wide range of assets, including Cryptocurrencies, Commodities, Forex, and Indices. Bit2Me Champions WEMIX Token in Pioneering European Listing. Your feedback is very encouraging, and we’re glad you took the time to learn about all the features available. Enter the promo code and click ‘Activate’. No, PrimeXBT does not require KYC verification for basic accounts. With up to 200x leverage on Bitcoin BTC and Ethereum ETH CFDs, PrimeXBT caters to traders seeking high leverage opportunities. As an established award winning platform, PrimeXBT prioritises the highest safety and security. Founded in 2015, Changelly is an established crypto exchange that offers a user friendly experience. However, a cold storage device means you cannot easily access crypto assets for yourself. BTC and ETH require a minimum of 0. With that said, please be aware that cryptocurrencies are already extremely volatile, and we can’t in good conscience recommend trading cryptocurrencies with margin/leverage. Charts: TradingView powers Charts on PrimeXBT. Disclaimer: The opinions expressed here are not investment advice; they are provided for informational purposes only.

Worse

It is among the rare Cryptocurrencies that had a Fibonacci extension target exceed the extension of the previous cycle. Ask your question in the comments below. Deposits are free and usually appear in your account after one network confirmation. 🛡️ With a spotless six year security record, PrimeXBT credits its success to rigorous protocols and industry leading standards, never experiencing hacks or compromises. Order books are another vital point to see why choosing between BitMEX and PrimeXBT. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. It contains all the bells and whistles you would expect in a trading console. The major pairings include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, and USD/JPY. Please note that we do receive advertising fees for directing users to open an account with the brokers/advertisers and/or for driving traffic to the advertiser website. PrimeXBT excels in several crucial aspects. The crypto market can be highly volatile.