🚀 How to Sign Up on PrimeXBT 🌟

Take this to familiarize yourself with the Futures platform. A deposit bonus of 7% on deposit, up to $7,000. Investors can trade Ethereum and ERC 20 tokens at speed with minimal slippage, as well as other native cryptocurrencies and tokens on other blockchains including BNB Chain, Optimism, and Polygon. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. Just remember that you’ll probably have to use a third party payment service if you want to deposit with these traditional payment methods. The «body» of the candle will tell you the opening and closing price and is colored according to the timeframe either being a rise or fall in price. Fast forward to today and Peter’s charts played out perfectly with gold closing back in on its previous all time high. He primarly writes opinion pieces for Bitcompare. In a remarkable close to 2023, December’s PrimeXBT Copy Trading scene was dominated by extraordinary performances. Benefits can include fee discounts, deposit bonuses, cash rewards, access to exclusive events or trading competitions, or other advantages. 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. During testing, I received fast responses with a reasonable level of detail. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. The reason being is that the blockchain protocol is also a leader in its category. The average predicted price is approximately $2. PrimeXBT charges no fees on deposits. BTC/USD, BTC/JPY, ETH/BTC, XRP/BTC, LTC/BTC, EOS/BTC, BCH/BTC, ADA/BTC, NEO/BTC. To get started, create an account on PrimeXBT, fund it using cryptocurrency or other available methods, choose an asset to trade, and open a position on the platform. It is worth noting that Perfect Money charges the 1. PrimeXBT charged me a withdrawal fee of 0. Once your deposit is received, we’ll credit the Crypto to your chosen wallet or trading account instantly. It’s a direct supply and demand indicator of the exchange. No, PrimeXBT does not charge any fees for deposits, allowing traders to fund their accounts without additional costs. 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. But how well does it work in reality. Dear Samuel,Thank you for your feedback. But even with existing disadvantages, PrimeXBT provides high quality services and shows constant progress.

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Trade volumes of $30,000,000+ CFD and Crypto Futures. Information regarding past performance is not a reliable indicator of future performance. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. In conclusion, short selling can be quite a profitable venture if done correctly. Get into the trading action with reduced overnight fees on Forex and CFDs. How to Withdraw on PrimeXBT. The trader closes the position and then returns the borrowed $6000 to the broker, as well as any minor financing fees. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. ” CFDs are a type of derivative since they allow you to speculate on financial markets like Stocks, currencies, Indexes, and Commodities without having to hold the underlying assets.

Smart Money Made Millions From Trading Memecoins—Here’s What He’s Buying Next!

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. The bidding price is 1. Oil futures, stock options, and CFDs are all examples of financial derivatives, and they are also available to Bitcoin traders. If you have further concerns or suggestions, please don’t hesitate to reach out at. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 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. Trade volumes of $30,000,000+ CFD and Crypto Futures. The exact amount does depend on the market involved, as the amount of “leverage”, or the multiplier of your initial deposit will vary. As an example, if you choose to short a currency, you need to borrow it to sell it to someone else. PrimeXBT is available worldwide and supports many languages. Our chosen platform for trading crypto futures is PrimeXBT, as it offers a large number of markets with high liquidity, mobile futures trading, and highly competitive fees. Trustpilot provides a broad spectrum of user experiences, offering valuable insights into both the strengths and potential challenges of using PrimeXBT. Reply from PrimeXBT Copy Trading. A critical indicator to monitor will be the U. It caters mainly to experienced traders and may pose challenges for novices due to its high leverage and unregulated status. The PrimeXBT user primexbt-trades.com interface is easy to navigate, helping users get around quickly. A total of 31 futures are available. The amount an individual puts down to open a trade in bitcoin leverage trading is known as margin. Yes, They will give you 50usd but at first you have to deposit 100usd or 0. Plus, PrimeXBT has low fees, so it’s affordable for everyone. Margin and leverage are closely related terms that are sometimes misunderstood or wrongly used interchangeably.

What Commodities CFDs PrimeXBT offers?

The account really gave me insight into how the real trading account is and it was free so I wasn’t risking my capital or anything. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders. 7% last week, marking the fourth straight weekly decline and its largest weekly decline in almost a year. Dear Visan,Thank you for your detailed feedback. I am impressed of the speed of responses of their customer support team. Client funds are held in secure multi signature wallets. Shorting Bitcoin is easy to do at PrimeXBT, as the contract for difference market allows for speculation on price without taking physical control of an asset. Since PrimeXBT’s inception, services have been restricted to users or residents of a number of countries globally. 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. Io, in my opinion, is the leader in crypto copy trading. 12 milliseconds on average. With a unique link, earn payouts from trading commissions paid by your referrals. Open the downloaded file and tap Install to complete the installation. Both of these types of trading have their own benefits, so keep reading to find out how to use them. EToro and Robinhood are undoubtedly impressive and deserving of the top three status but lack key features that enable them to be a one stop shop for investors and traders.

Privacy Overview

We actively monitor feedback and discussions from various cryptocurrency forums, including Bitcointalk. 005 in its ninth batch, the success of BlockDAG’s early stages is a testament to the robust market confidence in its technology and future potential. False information leads to account restrictions, reinforcing platform credibility. The company’s foundation and evolution reflect its dedication to meeting the evolving needs of traders and maintaining a leading position in the competitive trading platform market. The file is verified secure by PrimeXBT. 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. When trading financial instruments, margin is the collateral that a trader needs to put up for deposit with your broker or exchange to cover potential credit risk that the trader poses for the brokerage. It contains all the bells and whistles you would expect in a trading console.

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A quick scan of the charts can tell the trader whether the trend is strong, as a long section of red candles could suggest a lot of selling pressure, or a long run of green candles could suggest a rising trend. Returns or profits may be subject to capital gains tax. A trading day refers to a 24 hour period in which the markets are open for trading, which can vary by market and location. They have lots of resources to help users get better at trading. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. It is a higher reward, higher risk derivatives contract that professional trades want. Affiliate Program: Users can join the Affiliate Program and enjoy up to 50% profit share. SandP has crossed below the long term channel up for the first time since it started in October. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 💰 Cold storage secures all customer assets, with manual daily withdrawals and thorough risk assessments, prioritizing fund security over transaction speed. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. Returns or profits may be subject to capital gains tax. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Meanwhile, for crypto futures, the platform supports trading against stablecoin USDT, such as BTC/USDT, SOL/USDT, and ADA/USDT. The code is valid only for 15 minutes from the moment of its sending, if you do not have time to use it, you will have to register again.

Select a Country

The platform supports various deposit methods, including cryptocurrencies, providing flexibility for users. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. We’ve got you covered with access to 100+ global markets on one platform. 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. Learn more about Baksta’s Legal Terms. The limit applies to the total sum of all submitted withdrawals within 24 hours. Alternatively, you can also log in with your Apple or Google account. Cryptocurrencies typically rely on blockchain technology, also called distributed ledger technology. OpenPeer will never ask you for your personal details. Overnight Financing: For leveraged positions held overnight, PrimeXBT charges an overnight financing fee, also known as funding fee. 6 months ago 309 views. For example, if you have a long position in Bitcoin but think that the price could collapse in the coming hours or days, instead of closing your long position, you could simply hedge the position by shorting Bitcoin in the same amount as your long trade. PrimeXBT is a reliable platform with competitive fees, advanced features, and a strong security record. These products are not suitable for all investors. Through these third parties, customers can buy BTC, ETH, USDT and USDC. I strongly advise against it. This duration accounts for the necessary security checks and processing time. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. For a more comprehensive understanding, you can also watch this tutorial guide. Additionally, we provide the option for cash/fiat deposits via local payment systems in Thailand, Vietnam, and Brazil. Visit our Help Centre. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. In our opinion, the lack of round the clock withdrawal can create certain inconveniences for clients, and this is a disadvantage of this exchange. Other ways to get in touch with the PrimeXBT team. Most day trading risk management strategies primarily involve careful planning across the board, in depth research and analysis, and a strong mind, free of emotional reaction. Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. After all each type of trading has advantages.

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Our experts have come up with a list of the best No KYC Crypto Exchanges that will supercharge your safe and fast trading experience. 💼 CFD trading, also known as contract for difference trading, lets you trade derivatives without owning the actual assets. Bybit is a cryptocurrency broker based in United Arab Emirates that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies. Holds up your withdrawal for foolish reasons. My deposit was credited after 20 network confirmations, which took a few minutes. Once the code is successfully applied, the associated benefits will be credited to the account. This can be done quite easily through the account management options in the “security settings”. PrimeXBT offers mobile apps for both iOS and Android devices, allowing you to trade on the go. Receive the latest news and stay informed. We are always here to assist you. Follow these easy steps to ensure your account is fully verified. One noteworthy factor contributing to this setback was the departure of co founder Jackson Palmer from the project. PrimeXBT offers a variety of bonuses, each tailored to meet different trading needs and preferences. However, the platform has garnered positive reviews from its customers with few complaints. Users can deposit, withdraw, exchange, and transfer Crypto. The sharp 10% intra day drop in the price of BTC on Tuesday, which dragged down the price of altcoins by an even bigger magnitude, liquidated around $700 million worth of long positions by the time of the FED meeting, resetting the very high funding rate that had been in the market for the past weeks back to neutral territory. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. It does not operate any wallets, which means that to buy or sell Bitcoin you need to have a wallet on your own. This is where end users typically engage with blockchain technology. 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. The opinions expressed in this blog do not constitute investment advice and independent financial advice should be sought where appropriate. For example, you may find a company that is involved in mining gold, a commodity that you believe will continue to go higher. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the “My Strategies” area of the platform.

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Trade Anything to Anything: Easily swap between assets. The platform offers a multitude of advanced features, competitive fees, various trading preferences, and robust security measures. 0005 BTC, which is a standard fee to cover the Bitcoin transaction cost. 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. However, there is a daily limit of $20,000 or equivalent, unless you’re KYC verified. Trading involves risk. In reality, it is only dangerous when used improperly. For those wondering what are crypto derivatives, crypto futures are a form of crypto derivative, which are trading products that derive their value from a crypto asset.