Federico123579/XTBApi

Providing financial education to those who need it most has always been a passion of mine. The free app is available as a free download for Android and iOS devices. It’s important for users to be aware of this fee when planning withdrawals, as it is deducted from the withdrawn amount. At PrimeXBT, we protect your account by liquidating whatever is necessary before losses overwhelm you. These features collectively provide traders with the tools they need to execute their strategies effectively. Clients can access more than 100 tradable instruments at varied trading fees. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Date of experience: December 20, 2024. Derivatives platforms offer advanced crypto trading tools, such as long and short positions, even simultaneously for hedge positions. It’s key to know and use the risk management tools and strategies available. It also provides a breakdown of individual crypto and US dollar balances. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation. 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. Online Marketer, Writer and Entrepreneur. They can be grouped into continuation patterns and reversal patterns, depending on whether they forecast a continuation of the underlying trend or its reversal.

Bybit Security

In terms of the reviews by other traders, they appear to be quite mixed. Scan this code to download app. Virgin Islands, the United States Minor Outlying Islands, American Samoa, the Northern Mariana Islands, as well as Russia, Myanmar, and Saint Lucia. My tests revealed that PrimeXBT’s trading fees are average to slightly high compared to industry standards. US users have access to more than 70 coins, which far outpaces PrimeXBT. Com offers several ways to get a discount. Bitcoin trades at around 61k, slightly up from the overnight low of 60. Keep in mind, though, that users can copy the amount of money they invest from the strategy they follow, or use an option to invest a fraction. 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. 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. Liquidity risk is the risk that you or your followed traders are unable to close a trade at a certain price, within a reasonable amount of time. In this how to withdraw money from PrimeXBT guide, we’ll cover everything you need to know about withdrawing your assets from PrimeXBT and transferring them to your Zengo wallet.

Trading Experience

Anyone can view, post, and comment to this community. 01 BTC as Trading account’s Equity and you wish to trade BTC/USD. The previous lower high November 05 was also formed on the MA200. Some sources say that WoT uses more a aggressive trading strategy and predictive models that can increase market exposure. Thanks to the TradingView integration, it offers more customization and charting functionality. This involves using tools to help identify technical indicators or price levels that signal when to enter and exit a position. Ideological and political posts or comments are considered nonconstructive and off topic unless paired with analysis of political events and how they influence the market. The content of this website https://primexbt-future.com/ is not intended for residents of the European Economic Area or the United Kingdom. Visit our Help Centre. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Our website uses cookies. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Here’s a step by step guide to help you activate them. You must have at least 200 USDT/0.

FAQs about Crypto Futures feesFAQs about Crypto Futures fees

The crypto dropped by 99% to 19 cents per coin at its bottom. You can either elect to use a link with your code embedded or to give your referrals your code when they are signing up. 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. In essence, if your losses exceed the amount of your initial investment the margin, the exchange will automatically sell your holding to recoup the money they loaned you. This is what you call an advantage. Taking a closer look at the actual tools that are at your disposal, there are the drawing tools that traders need to map their important levels. Intrigued by the potential of leverage trading Bitcoin. The online PrimeXBT account application only asks for an e mail and desired password. 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. And to all this, we must add the efforts of the platform to offer class leading security features and 24/7 customer support. Here’s our verdict about PrimeXBT. PrimeXBT is among the best South African brokers with a niche offering that caters perfectly to its target group. Setting up an account is quick and straightforward, with a low minimum deposit requirement of just $10. Supporting multiple languages English, Spanish, Portuguese, Chinese, Japanese ensures global accessibility and user comfort. At PrimeXBT, we aim to provide a flexible trading environment that caters to the risk tolerance and strategies of different traders. SandP 500 SDX: As the holiday season wraps up and the New Year begins, the SandP 500 remains a fascinating.

PrimeXBT service health

Lucia, while Prime Technology Ltd, which is the technical provider for the PrimeXBT platform, is registered in Seychelles. As a result, the investment will often look to those countries to expand. Bybit takes a robust approach to securing user assets, here is a look at their 360 degree security framework. PrimeXBT was founded in 2017. You’ve likely heard horror stories about cryptocurrency platform outages. I mean, they have DDos Protection, they are backed by AWS, and reportedly have liquidity from 12 different sources. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. At its core, BYDFi is a hard cord trading platform and provides an advanced trading interface that includes TradingView charts, allowing for sophisticated technical analysis. OptinMonster Affiliate Program. It’s important to ensure the address is correct to avoid losing funds. In this PrimeXBT Crypto Futures review, I will examine what it has to offer, what it flourishes at, as well as its limitations, in an attempt to explain whether it is a useful and worthwhile toolkit for people who are interested in futures activities. With a simplified interface, Bitbuy makes it easy for them to get started buying and selling Bitcoin BTC, Ethereum ETH and other cryptocurrencies. The support manager recommended me to go the Analysis page and use the TradingView database. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. A key aspect of trading on PrimeXBT is understanding the payment fees involved. Additionally, taking advantage of leverage can be an effective way to amplify your gains on Primexbt. December 2023 was the last month of what has been an incredibly competitive year amongst copy traders. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. PrimeXBT aims to maintain a transparent fee structure for withdrawals, ensuring that users are well informed about any charges that may apply to their transactions. It operates with licenses issued by the regulatory authorities of Australia, Vanuatu, and the Seychelles. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. Having these records will help you to calculate and declare your crypto tax, and are also your evidence if you need to prove how your crypto tax was calculated. Seek independent advice if you have questions or do not fully understand the risks. While the amplified gains are attractive, remember that losses are equally magnified. 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 able to access a user’s account without also having a user’s 2FA code. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. PrimeXBT supports deposits and withdrawals in popular cryptocurrencies such as BTC, COV, ETH, USDC, and USDT. These products are not suitable for all investors. The potential return for a correct guess is preset by the turbo feature.

How can I start trading Forex on PrimeXBT?

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. A withdrawal requested before 12:00 UTC will be processed on the same day. Besides overtrading, many traders make another rookie mistake by not defining or respecting their risk management rules. LinkedIn and 3rd parties use essential and non essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads including professional and job ads on and off LinkedIn. You are solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdictions in which You may be liable to pay tax. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. This can amplify your potential profits, but also magnifies potential losses. In the following sections, we will explore the specific steps involved in changing leverage on PrimeXBT and the factors to consider when making adjustments. Avoid this exchange altogether. All you need to get started is a non custodial wallet like Trust Wallet. I tested PrimeXBT’s spreads on 13 December 2024 during the London and New York opens. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator.

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

Donetsk People’s Republic. After the trade has been launched, it is possible to monitor the progress of the trade in the chart provided, as an arrow indicating the position that the price needs to be above or below it will be added to the chart at the end of the selected duration. If you do not have have the time or experience to trade or simply do not want to trade yourself, we highly recommend check out the Covesting module. Experience seamless trading wherever you are with the PrimeXBT iOS app. The maximum leverage is 1:200. The fee itself can vary depending on which kind of crypto you want to withdraw and the network used for the process. It can be because there is limited liquidity in the market or it can be because the matching engine at the exchange is not fast enough. 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. By depositing $500 or more, you can receive a $100 bonus to use within two weeks. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. When you enter into a contract with the broker, you will have a number of days after which you need to repay the borrowed amount. PrimeXBT offers a straightforward account structure, catering to different types of traders, from beginners to professionals. PrimeXBT is a South African broker with an excellent niche offering. However, the broker does not provide Islamic accounts for swap free trading.

Step 1: Setting Up and Funding Your Account

Meme tokens are widely viewed as a way to bet on the growth of blockchain or Bitcoin, but given their lower price, they are considered more retail friendly. The standout feature of PrimeXBT’s offering is its rock bottom $0. That’s a trader’s worst nightmare. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. As mentioned above the main feature and benefit of cross margin compared to isolated margin is the ability to keep a trade open by using the account balance and realised P/L as its margin allocated, even if the market moves against it temporarily. 1389% based on the type of trade. PrimeXBT should definitely make it more apparent, because I’ve dealt with tens of trading platforms so I think I can find my way around the buttons of a platform, but I believe it will be very difficult for a newcomer to do it. PrimeXBT is a cryptocurrency and forex broker established in 2018. It is worth mentioning that validators on the network do not receive the full fee amount, as with most similar networks. This may impact how, where and which companies / services we review and write about. Of course, this is a double edged sword and leverage can seriously hurt a trader’s account, appropriate risk management is a must. The position size is 2 bitcoins.

We fight fake reviews

SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. ” Codiak Woke Aspiring Entrepreneur. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. Traders can scour through some of the top performing traders and choose to copy their trading activity, providing a potential side income. PrimeXTB is an international trading platform that allows users to access financial markets. Returns or profits may be subject to capital gains tax. Your analysis was correct, and the British pound has fallen significantly. Please enter the desired amount that you would like to transfer. Remember to add the 2FA verification protection before you start. This is a significant advantage of trading the CFD market, the ease of profiting in both directions. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors.

TABLE OF CONTENTS

To the left of this is the option to switch from a candlestick chart to a line graph or bar graph. The platform offers a multitude of advanced features, competitive fees, and robust security measures. Quite frankly, there’s not much on Ethereum or any other network that you cannot do on traditional networks. 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. For example, if you have a $200 bonus active, activating another promo will cancel the previous one. Of course, this is a double edged sword and leverage can seriously hurt a trader’s account, appropriate risk management is a must. Required margin = Value of the trade / Leverage. If the issue persists, contact customer support with the transaction details for further investigation. Bisq acknowledges that most centralized exchanges require users to divulge personal information in order to set up an account, and then in turn link users’ trading activity to their respective identities. Remember that volume can be manipulated. Scan this code to download app. PrimeXBT is a prime example of a customizable, user friendly trading platform. These factors make PrimeXBT an attractive option from a cost benefit perspective. The stop loss order is placed at a point where you admit your trade idea hasn’t worked out. You set a stop loss value at a specific price, and when that price gets triggered, the broker will exit the trade. Yet, the real world performance of this well fortified ecosystem under trading conditions remains to be thoroughly vetted. Users can open accounts, deposit crypto, and start trading with just an email address.

Av Santa Isabel 0301 C Providencia

On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. You can buy cryptocurrency directly from the platform which can be used as collateral or for spot trading. Unlimited via Perfect Money. No, you can never lose more than you deposit into PrimeXBT account. Information regarding past performance is not a reliable indicator of future performance. PrimeXBT fees to buy crypto using a Visa or Mastercard is 3. The group responds quickly to inquiries and makes an effort to do so. The platform adheres to industry regulations and best practices to ensure a secure trading environment. Users can use the no risk demo funds to practice trading.

Equal

Temporary trading or deposit/withdrawal limits may be imposed until the required documents are provided and the CDD process is successfully completed. The level of KYC required depends on the regulations in the home country of the exchange. While we do our utmost to ensure that all our data is up to date, we encourage you to verify our information with the broker directly. Best regards,The PrimeXBT Team. Additionally, you can use this part of your salary to trade Bitcoin in order to try and boost your monthly payment with some savvy margin trading. 43%, this strategy, active for 82 days, has attracted a substantial equity of 4814 USDT, showcasing its high efficacy and investor confidence. Reports: Users can view trading and transfer histories via the Reports page. General Trading Contests Terms and Conditions. PrimeXBT products are complex instruments and come with a high risk of losing money rapidly due to leverage. 36, while LUNA’s price had crashed to fractions of a cent. However, the absence of custom price alerts was a notable drawback. Thanks for your feedback, PrimeXBT appreciates your opinion. Using the bonus effectively can help you explore different trading pairs and markets, increasing your chances of finding profitable opportunities. Go to the ‘Hub’ section from the main dashboard, and click on ‘Promo codes’. Understanding these positive experiences can help potential users make informed decisions about using PrimeXBT. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. You can deposit US dollars USD to your Wallet, as well as directly to your CFD Trading or Crypto Futures trading accounts. 01 BTC at the current price of $15,470. Claim $100 by depositing a minimum of $500 within your first 48 hours. I was like, its over dudes, need to short. These calculators are provided by PrimeXBT as auxiliary tools for informational purposes only.

Currency:

I found the deposit process via Volet quick and easy, with funds instantly credited to my account. 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. Regulatory Uncertainty: Because the bitcoin sector is still developing, regulatory frameworks must still be properly developed on a global scale. In essence, if your losses exceed the amount of your initial investment the margin, the exchange will automatically sell your holding to recoup the money they loaned you. Bitvavo is a cryptocurrency broker based in Netherlands that launched its service in and offers individuals to buy and sell more than 85 cryptocurrencies. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. Using the bonus effectively can help you explore different trading pairs and markets, increasing your chances of finding profitable opportunities. Please exercise caution, and do not trade beyond your limits when deciding how much risk to take on. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. As more and more crypto trading platforms make glaring mistakesthat impact their users, the crypto community is becoming wiser and savvier andis making better choices about where they choose to trade. Unlimited via Perfect Money. Visit PrimeXBT to explore platform’s multiple trading assets, including up to 1000x leverage available for Forex. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Deposits are free, but there are withdrawal fees for cryptocurrencies. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. Additionally, PrimeXBT supports the trading of Crypto BTC trade pairings. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. 5 for PrimeXBT and 3. The table demonstrates how much you would have to pay to trade 1 full lot 100,000 units in EUR/USD with a pip value of $10 for each account. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. Leverage in the world of finance is the practice of using debt or borrowed capital to take a position in a financial instrument. Using PrimeXBT can be done by going to primexbt. PrimeXBT Trading Services, S. However, recently, a prominent hack of a competitor cryptocurrency platform resulted in a large sum of user funds stolen. Prime Technology Ltd is PrimeXBT’s Technology Provider. Today, we are proud to announce that a native Android app is now available to all users for free, making the PrimeXBT smartphone app more accessible than ever before.

Worse

Its spreads are average to high compared to the industry average, barring cryptocurrencies. EMMY motivasjon and mestring – Telefon: 975 62 040. Well, we are not really fans of mobile trading in general. This transparency helps you choose a trader you’re confident in copying. The exchange does not currently offer fiat off ramps for withdrawals. I want to be a members member. They might choose to trade Crypto with an excessively high leverage ratio based on emotions rather than a calculated strategy. Financial incentive for signal provider. 1, as well as 0 fees. I opened an FX and CFD account with the PrimeXBT Trading Services Ltd entity and performed my tests on the web and mobile versions of the broker’s proprietary platform. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. This can amplify your potential profits, but also magnifies potential losses. All content on CaptainAltcoin is provided solely for informational purposes. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. Fast withdrawals in BRL can be done via Pix. PrimeXBT Trading Services, S. Bonuses for traded volume in margin cryptocurrency trading. This involves using tools to help identify technical indicators or price levels that signal when to enter and exit a position. PrimeXBT integrates TradingView charts, which is a nice feature. PrimeXBT is one of the rare brokers with two margin call thresholds 16. 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. Retail customers residing outside Spain and the UK can trade derivatives like crypto futures, with a minimum contract size of 1/10 ETH for Ethereum and 1/100 BTC for Bitcoin. Launchpads are a fantastic way for retail traders to get early access to projects before they go public, a benefit that used to be reserved for VC firms, or those with deep pockets and friends in high places. Dear Leone,We’re glad to hear that you’re enjoying the Copy Trading feature on PrimeXBT. It could be hard for them if they continue with new management. We’ll continue our investigation to unearth the truth. PrimeXBT is a leader in the crypto trading world for its low fees and clear pricing. These include ADA/BTC, DOT/BTC, EOS/BTC, ETH/BTC, LTC/BTC, and XRP/BTC.