How does PrimeXBT comply with regulatory standards?

3 Choose the Duration and Amount of funds used to be used in your prediction. Same as it works for EUR/USD, it does for crypto assets as well. 1M+ community members. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. Start your trading journey with PrimeXBT today, and don’t forget to use your promo code. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. Regulatory winds, technological upgrades, market sentiment, competition, and global economic conditions all cast their shadows upon ADA’s path. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. PrimeXBT is a global trading platform that offers a wide range of financial instruments, including cryptocurrencies, forex, commodities, and indices. PrimeXBT is not currently regulated or licensed, which raises safety concerns as it’s harder to ensure the safety of user funds and transactions. From there, you can send the BTC to another wallet you create or own. Proper planning and strategic decision making can help individuals strike a balance that aligns with their investment objectives while navigating the constraints imposed by the lock up period on staked DOT tokens. The amount of leverage available to investors is depending on the market they are trading. This isn’t always a good thing, depending on the situation. 4️⃣ Paste the code and voilà. The marketing is usually done by advertising the solutions that the project can provide. Of course, to fully experience them, you will need to deposit money and get www primexbt com verified for the purposes of KYC and AML. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4. Withdrawals are generally processed by the broker once each day between midday and 2pm GMT. English, French, German, Italian, Portuguese, Spanish, Thai, Turkish, Vietnamese. Governments had to step in and provide stimulus to keep cooperations and people afloat. I always use my principle that good cooperation cannot be built without trust. 26% taker fees at the entry level which is not quite as competitive as the fee schedule for PrimeXBT which uses a flat fee schedule. Receive the latest news and stay informed.

Customer Support and Resources

Traders worldwide trust us. Bull or bear markets in Bitcoin and other major cryptocurrencies tend to have a ripple effect pun intended on XRP’s price as well. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Funding your account on PrimeXBT is designed to be straightforward and efficient, allowing you to quickly access your trading funds and begin your trading activities. Instead of fees, the exchange earns with spreads and financing fees charged every 24 hours for open positions. The PrimeXBT cryptocurrency copy trading platform is a very customizable and user friendly solution. This forecast is supported by an analysis system on the platform. However, if you’re using traditional payment methods like Visa or Mastercard, your bank may want to verify the transaction. 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. My deposit was credited after 20 network confirmations, which took a few minutes. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. The bulk of crypto assets are stored offline, and moved to a hot wallet once per day with enough funds to cover ongoing withdrawal requests. Visit our Help Centre. These products are not suitable for all investors. To short on PrimeXBT, log in, choose the market, set parameters for a short position, and execute the trade by selecting “Sell. A new box will pop up. Learn more about Baksta’s Legal Terms. By focusing on trading instruments, tools, and reputation, the clear winner is PrimeXBT, with its recent awards and access to more global financial markets than anywhere else. We respect your privacy while trading digital currencies which is why we do not require our clients to undergo KYC procedures, exposing personal information. Interested in learning more. This should not be seen as financial or investment advice of any kind, nor does Prime XBT endorse or guarantee the relevance, timeliness, or accuracy of the information or publications. As these cycle theories play out, and the macro landscape heats up, potential trading opportunities can emerge.

Long term Shiba Inu SHIB price prediction to 2050

While PrimeXBT has received positive feedback, users have also raised concerns and issues that the platform needs to address. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. I opened this long position with a tight stop loss. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. When it comes to crypto, PrimeXBT has a more modest range than some of the other exchanges in our list, including Bitcoin, Ethereum, Litecoin, XRP, and EOS. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. We’re here to help ensure your trading experience is efficient and rewarding. Goatseus Maximus GOAT. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. With advanced trading tools and a user friendly interface, PrimeXBT is a popular choice for both novice and experienced traders seeking to profit from the highly volatile crypto markets. Nobody begins a road trip without first consulting a map. Added CDD spot checks to follow up on AML requirements also allows us to eliminate bad actors and assist in making the greater financial industry a safer and more inclusive place for all.

Trade anywhere, any timeTrade anywhere, any time

PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. If you ever have any questions or need support, don’t hesitate to reach out to. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. PrimeXBT gives up to 200x leverage on cryptos and more on other assets. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. Prime XBT Trading Services, S. The potential low in 2023 was predicted to be $6. The more users copy your Strategy, the higher your potential earnings. On PrimeXBT, there are several types of bonuses available to users, each designed to enhance the trading experience by providing additional benefits. When you trade with us, you can start small and still earn big. There are CFDs and crypto. To help you better understand the PrimeXBT bonus, here are some frequently asked questions and their answers. Best regards,The PrimeXBT Team. Crypto Deposits: PrimeXBT offers free crypto deposits. The copy trading features allow traders to set up and manage a strategy and/or follow another trader’s strategy. 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. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. 55 by December 2025, with further potential to increase​. Traders should be cautious when utilizing leverage, as they will also be responsible for the losses of the increased position size.

Supported Countries:

Learn more about Baksta’s Legal Terms. All logins to your account are reflected in your Settings menu, under Last logins. Explore and unlock new potentials as you navigate through a wide range of offerings meticulously curated to elevate your trading experience. It’s highly rated on TrustPilot with a 3. However, the lack of regulation should be considered as a potential risk. Slippage can occur for a number of reasons. Margin accounts simplify the process of “shorting” an asset, as there is no need to go out and borrow it first. This includes implementing anti money laundering AML procedures, enforcing know your customer KYC requirements, and adhering to data protection regulations. After reaching its previous all time high for a short period in 2018 following a significant drop, things in 2019 appeared to be turning around, and Dogecoin along with many other top Crypto tokens started to see a resurgence. Furthermore, it allows you to streamline your workflow by integrating PrimeXBT’s trading functionality into your existing trading software. BITCOIN BTC/USD: Bitcoin has finally reached new all time highs. Date of experience: October 13, 2024. Dear Retenti,We’re genuinely concerned to hear about your experience as an Affiliate with PrimeXBT. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. If your wallet address is linked to you via another means, then there’s no anonymity. 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. Now that your PrimeXBT account is ready, it’s time to add money. Plus, PrimeXBT offers a wide range of technical analysis indicators, helping you analyze market trends and make smarter trades, similar to having a guide helping you navigate through a maze. A New York state business, was shut down by the U. Terms like 200 Day Moving Average, Relative Strength Index, and Moving average convergence divergence, as well as many others, all come into play and need to be understood and implemented in a strategy. Whether you’re in the US or elsewhere, it’s important to know if you can use PrimeXBT without any legal hiccups. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Every cryptocurrency has a team of developers behind it. It only accepts crypto transfers but barely offers any crypto trading choices. This is by far the biggest reason to use margin, to increase speculative gains. Register and join our community with millions of traders from all around the world. Before diving into leverage trading, it’s crucial to understand the risks involved. Receive the latest news and stay informed. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners.

Do they offer other financial instruments beside crypto currencies?

His expertise spans email outreach, in depth research, and versatile content creation. 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. The team has put together an extensive self help and FAQ section which is there to help users understand what all the different features do, the products offered, and how to navigate the platform like a pro. In most cases, the verification process takes no more than a few minutes and users can move on right away to the next step: payment confirmation. This bonus appears as “Reward” in your account, giving you the chance to enhance your trading capabilities without needing to add more of your own funds. PrimeXBT processes withdrawals once daily within a set timeframe as part of its strategy to minimize transaction fees for cryptocurrency withdrawals. And Otherside has as good a shot as any to take it to the next level. No more fomo or other psychological rollercoasters needed. For example, if you deposit 0. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI.

What are Indices?

Partners can earn up to 50% revenue share by referring clients to PrimeXBT and enjoy lifetime commissions, meaning they continue to earn as long as their referred clients trade on the platform. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. 🚀 Visit PrimeXBT today and start your journey towards smarter, more profitable trading. 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. Therefore, direct cash or fiat currency deposits are generally not supported. The price is above the MA200 for the. The financial and market information provided on U. We’re thrilled to hear that you’re enjoying the unique combination of trading terms for both traditional and digital assets on PrimeXBT. PrimeXBT follows KYC and AML rules for a safe and legal trading place. Market Search: The dedicated “Markets” page allows you to quickly search for available markets, with filters for popular markets, forex, indices, commodities, and cryptos. For starters, the safest place for your crypto is in a non custodial, cold wallet. Censorship Concerns: 51% of Ethereum Blocks Now OFAC Compliant. In terms of regulation, both platforms operate globally but have faced regulatory scrutiny in some jurisdictions. Just noticed of late that PrimeXBT has increased the spreads exponentially. This transparency helps you choose a trader you’re confident in copying. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. With traders from over 150 different countries, PrimeXBT is one of those rare platforms that doesn’t have exuberant amounts of restrictions; however, it does restrict trades from some countries and provinces such as the USA and Quebec. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. The platform also offers IEOs, staking, and other earn products.

Salavi Review

ApeX Protocol: Trade Crypto. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. PrimeXBT — where innovation meets accessibility for traders worldwide. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. If you have multiple bonuses, the most advantageous or relevant one will be applied. Swap fees, or overnight financing charges, apply to positions held open overnight. Up to 100x in all cryptocurrency pairs. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Io is not as heavily regulated as some competitors, it has built a solid reputation for reliability and security in the crypto community. 05% for cryptocurrencies. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. The exchange is also a cryptocurrency startup that has its own „native asset” used in the Binance ecosystem as the „basis gas” payment internal unit. PrimeXBT does not charge any deposit fees. In addition to these resources, PrimeXBT offers user oriented features like. Learn more about Baksta’s Legal Terms. 1952 per DOGE, with a market cap of $69248560 USD. This is why it is such an important criterion for us when we complete these reviews.

Available assets

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. PrimeXBT is not available for users located in the USA, there is no « PrimeXBT USA » option as there is with other platforms like eToro or Binance. Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. Trading involves risk. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges and wallets in one place. 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. For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. These risks can make your gains or losses bigger because you’re using borrowed money. MEXC Global is an expansive cryptocurrency exchange that operates in over 190 countries, offering a wide range of digital currencies and trading pairs to a global user base. Let’s understand which of these platforms is better for trading. 🌎 PrimeXBT Official English Speaking Community PrimeXBT is an all in one platform for all your trading needs. At the support level, the downtrend pauses because of a rise in demand. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. This makes it essential for developers and users that interact with the network. At PrimeXBT, we want you to succeed as a trader. Trading cryptocurrencies is easy for any trader despite their level of experience. Instead of copying individual trades, you copy the algorithmic strategy behind the trades. A lot has changed across the cryptocurrency industry and at each of these individual platforms.

Supported cryptocurrencies

Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. If it’s at 85, it shows the closing prices have been near the lower end of the trading range, implying strong selling pressure or oversold conditions. ByBit Offer: Get upto $30,000 Bonus on your First Deposit using this link to sign up. Lastly, PrimeXBT has also implemented advanced hardware modules to execute their trading technology by hosting on AWS web servers, which are known to be some of the best in the industry. PrimeXBT could be your answer. If you have any questions about our asset offerings or need assistance with any features on the platform, please don’t hesitate to reach out at. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. So a 100x leverage means that if you have 1 BTC, you can trade up to 100 BTC. PrimeXBT’s referral program is your gateway to effortless additional income. Now you can bet on whether Bitcoin’s price is going to go up, called a long, or go down, called a short. My deposit was credited after 20 network confirmations, which took a few minutes. We recommend using a unique Email and Password combination that you are not using for other services. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. 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. During the contest, all trading activities must conform to the platform’s terms of service. If the prediction is wrong, the loss equals the pledged amount selected when making your prediction at the start. Post articles and get them viewed, discussed, and shared in one of the most active cryptocommunities. The Olympics are here and PrimeXBT is giving 10 traders a total of 5,000 USDT during its Olympic Demo Trading. Instead, transactions are done directly to your wallet. Brand operating since. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. 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. If with all these merits and the many others we have not listed, PrimeXBT still does not work for you; there are still many other good alternatives. Reply from PrimeXBT Copy Trading.

4 0

Best regards,The PrimeXBT Team. While it lacks fiat currency support and a demo account, users praise its ease of use, innovative features, and low fees. Moreover, Ethereum as a coin performed incredibly well, withstanding extreme market conditions, fluctuations, and volatility over the years. 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. Wide Range of Tradable Assets. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Fees which traders should take into consideration are. Entering the code in the next window that appears confirms that all details are accurate and the payment will be processed immediately. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Returns or profits may be subject to capital gains tax.

5 0

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. Overall, PrimeXBT combines advanced security features with user friendly options to offer one of the most secure trading platforms available. This fee is relatively standard in the industry, covering the transaction costs on the blockchain. Trading involves risk. Leverage is a powerful tool for professional traders but can cause significant losses if used recklessly. 05% on crypto, and 0. With Perpetual Contracts: Daily fluctuating funding interest rates for leveraged positions. Trading involves risk. Coinpedia has a much more balanced outlook for the Polkadot price prediction over the next few years. The inactivity costs of PrimeXBT were also considered in our evaluation.

Worse

And this is IMPORTANT to make more profit. You can either take a chance and buy now, when RXP is near a one year low, or hold tight and hope for an even better deal. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. Fees can include trading commissions, spread costs, overnight financing charges, and inactivity fees, depending on the platform and asset. Our platform is designed to provide traders with powerful tools and features to enhance their trading experience and maximize profitability. It can create life changing wealth in a blink of an eye, but it can also wipe out 80% or more of all gains when the cycle ends. Leverage is also allowed, allowing the trader to control a much more prominent position than they normally would, potentially maximizing profits beyond standard terms. With a margin account, a user could deposit $100, and using the power of 100x leverage turn the capital into a $10,000 position equal to one full Bitcoin. Other notable features of the platform include. While simplicity is the pro, there is a lack of indicators and drawing tools that will turn off some traders. These resources are here to cater to both beginners and experienced traders, ensuring that everyone can benefit from them. Additionally, we provide the option for cash/fiat deposits via alternative payment methods systems in Thailand, Vietnam, and Brazil. Website information is general and given in good faith. To learn more about PrimeXBT’s partnership programs and the benefits they offer, download our pitch deck. If you are ready to place a trade, you typically need to change a dialog box from “market order” to “pending order. Economy is not as strong as the data suggests. The reader is fully responsible for any investment decisions they make. While most exchanges in the US require KYC, a few options allow you to trade crypto without providing personal information. This will complete the registration process and you are now ready to login to your PrimeXBT account and enjoy this feature and more. By following these steps, you can receive a 20% deposit bonus. PrimeXBT is committed to adhering to international regulations and implementing measures to ensure compliance with legal standards in the jurisdictions where it operates. Margin trading is a great tool if you have a profitable trading system. Moreover, all users who sign up via our link can receive a 20% deposit bonus. There isn’t a dedicated PC app, but the platform can be accessed via any web browser. These factors can usually be linked to the popularity of the network itself. Trading digital and traditional assets from the convenience of one platform and one account. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Access to PrimeXBT services does not necessarily mean that client activities through the service are legal under local laws, regulations, or directives associated with a client’s country of residence; therefore, it is crucial for every client to consult with legal and tax advisors in their region regarding eligibility to utilize such services.

Grab Binance $600 Bonus

Futures contracts are traded like normal spot trades, however, they can be leveraged, up to 200x on PrimeXBT, and when closed, like spot trades, the difference between your asset futures contract and the spot price will define the size of your profit or loss—which can be exaggerated by leverage. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. For on demand analysis of any cryptocurrency, join our Telegram channel. Switching markets and searching trading pairs on PrimeXBT is straightforward. This article provides a comprehensive PrimeXBT review. Hold your investments in a cryptocurrency exchange, custodian, or digital wallet until you’re ready to sell, making crypto trading a strategic and flexible endeavor. One thing that can also help drive interest in a platform is if it can be the place where “the next great thing” gets to be discovered. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. An interesting aspect to observe is the comparison of ETF flows between Bitcoin and Ether following their respective ETF launches. Cryptocurrency, being a relatively new asset, has many people interested, but it can also be used for just pure speculation. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. We also like that PrimeXBT has added fiat deposit solutions in EUR and USD. When used professionally, leverage is nothing to fear and is used quite often by retail traders, firms, and corporations alike. But for the uninitiated, Binance is one of the biggest cryptocurrency exchanges globally, which has been offering spot trading services since 2016. Here on PrimeXBT, you can engage in a variety of trading activities, access advanced tools. TOTAL CRYPTOCURRENCY MARKET CAP. This enterprise was established in Seychelles in 2018. Prime XBT Trading Services, S. Trang này được bảo vệ bởi reCAPTCHA và Chính sách về quyền riêng tư của Google và có áp dụng Điều khoản dịch vụ.

Referral ID

To date, the Financial Commission has awarded an impressive $783,000, and processed over ten thousand claims made by CFD and FX traders. Before we do anything, we always think about our users, and how they will benefit. Use stop loss orders to automatically exit your position if the market moves against you, limiting potential losses. Don’t trade against the trend. Key sources include the official website, especially for new user sign up bonuses, and email newsletters, which often offer exclusive promotions. Get a unique referral link. Crypto KYC, or Know Your Customer, is a legal requirement for centralized exchanges to verify the identities of their users. Therefore, if the trade does not go as expected, you will have suffered monetary loss, and you will still not have Bitcoin in your wallet account. PrimeXBT was founded and registered in Seychelles in 2018 under the holding company name PrimeXBT trading services 148707. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. The leverage available depends on the asset type and position size. My experience with PrimeXBT’s customer support was mixed. Binance and PrimeXBT have high security standards such as DDOS protecting, encrypted passwords, two factor authentication, etc. Join our official communities. This will result in maximum margin utilization at 1:200 leverage and 0% of Available Margin will remain. 📱 Access copy trading anywhere with PrimeXBT’s mobile app. Top Notch Brokerage Verification was fast Support respond almost instantly Withdrawals are processed in less than 5 minutes sometimes upto 20 minutes Very transparent bonuses and promotions i withdrawn 2 timesBut the CFD web interface need improvement. Higher leverage can help increase profitability, but can involve more risk, and needs to be managed. The trading options are also quite a lot. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Following these channels keeps you informed about the latest promotions and bonus codes. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. Support is available in both German and English, and the FAQ page is translated into German. Users can go long and short on popular cryptos, including Bitcoin BTC, Ethereum ETH, and Ripple XRP. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines.