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◾️I forgot my password What do I do?

This is not something that we have seen on other charting packages developed by an exchange. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. You can see the plethora of advanced trading options supported by Bybit, which has made this one of the top exchanges in the world for professional traders. Growing library, including provably fair games, but might be smaller. Let’s explore how to get started, the trading process, and the advanced tools available on PrimeXBT. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. In the table below, I have listed the maximum retail leverage available with PrimeXBT for instruments from different asset classes. This wide variety expands your opportunities massively, allowing you to diversify your investments and manage risk better. Initially, the Beacon Chain was rolled out separately from Mainnet, but as various steps were completed, they originally merged into one entity. Please remember that this article is purely informational and not financial advice. On Polkadot, most of the fee is moved to Polkadot treasury, which is used by network participants to make suggestions and fund network improvements. Cryptocurrency, Forex, Indices and Commodities.

◾️Where do you get your prices for currencies?

Using PrimeXBT, you can go long or short on many popular cryptocurrencies at the lowest feasible trading fees, but it is more of a CFD like the product and doesn’t have contracts. The marketplace offers NFTs with zero fees from the digital art, collectables, GameFi, Metaverse niches, and more. Today’s best PrimeXBT coupon is 50% off on orders over $50 with the code IMI50. The advantage of a CFD is that it frees up a lot of the complications of taking delivery of an asset, in this case, a certain amount of currency, and therefore the trader can focus solely on the direction of the market. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The End of Day will be as. Yes, account verification is required to access all features, including withdrawals. Earn up to 75% of profits as a follower, while providers benefit with up to 20%. PrimeXBT has traders from over 150 different countries. Unlike its larger competitors, PrimeXBT does not offer P2P trading. Keep reading to learn who topped the leaderboards in July 2024. Mobile versions of trading terminals have somewhat reduced functionality. It will also help you identify if you have accidentally landed on a phishing site of some sort. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. This proactive approach is key to successful trading.

Security and Transparency

Seek independent advice if you have questions or do not fully understand the risks. The “big shot” bonus. If I had to give an edge here after using both platforms, I would have to say I prefer Bybit as the trading interface. However, I wish there were more technical analysis tools available. Note that you might have to share your personal identification if you intend to use any of the services mentioned above. We independently evaluate all recommended products and services. Cryptocurrency trading instead provides holders of Crypto with an alternative to investing – profiting from both market downtrends as well as uptrends. Exotic pairs are without a doubt some of the most volatile pairs out there, but when it comes to more common pairs, the pairs that feature the Japanese yen tend to be the biggest movers. With its global reach, it’s available in over 150 countries. Although DEXs offer better privacy, they have lower liquidity compared to CEXs. Once logged in, users are welcomed by a new Home section. As adoption continues to grow, many analysts have offered bullish long term price forecasts for the LINK token. A few weeks later, E Gold faced four indictments. The terminal is distinguished by its high speed operations and PrimeXBT trader advanced functionalities. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. Verification or KYC procedure know your customer is not mandatory for customers, but it does offer some benefits. Traders should check the list of supported and restricted countries and ensure compliance with local regulations before using the platform. Fees can include trading commissions, spread costs, overnight financing charges, and inactivity fees, depending on the platform and asset. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. On the next screen, you will verify the documents provided. To profit from falling volatility expectations, volatility skews offer effective vehicles. PrimeXBT has developed its own trading platform with advanced charting capabilities powered by TradingView. I only trade crypto with them and nowhere else. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. It can be very beneficial, but it can also be very detrimental if you are not careful. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. This article delves into the types of payment methods available and the benefits of using PrimeXBT.

Does PrimeXBT suit beginners?

PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. Withdrawals requested before 12:00 UTC are processed on the same day, while those requested after 12:00 UTC are processed the following day. If you’d like to try PrimeXBT with a demo account, consider joining one of our trading Contests. Using smart contracts, users can trade various ERC 20 tokens on Sushiswap. While unlikely, it is not impossible. However, depositing or withdrawing fiat currency will require KYC identity verification. Visit the fees section at PrimeXBT to confirm the exact fees on the day. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. But if you need to use an exchange to conduct a transaction, you may want to consider a non custodial exchange as all exchanges are targets for hackers. However, please note that the amount should exceed the withdrawal fee for the asset you wish to withdraw. You can set up a demo account for yourself prior to or alongside your live FX and CFDs account. It was founded in 2018 and registered in Seychelles, with a daily trading volume of over $375 million. PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. Time frames range from one minute to one month, allowing traders to conduct in depth market analysis of forex pairs and other trading instruments, irrespective of their trading strategies. CFD trading on PrimeXBT allows you to speculate on the price movements of various financial assets without actually owning them. We have seen this happen during year end rallies over the past few years. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. If you need any further assistance or have suggestions on how we can improve our resources, please reach out to us at. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. How a Strong Online Presence Can Help Crypto Projects Stand Out. PrimeXBT is our preferred platform for trading futures, because of its competitive fees, the number of markets it offers, and its user friendly interface featuring charting tools from TradingView.

Risk warning

To open a trading account. However, they are mostly implemented by traders with knowledge about software programming and APIs. The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network. PrimeXBT empowers traders to go long or short with leverage. A short squeeze happens when a sudden and sharp upward change in the price of a financial asset occurs. PrimeXBT platform interface consists of 5 main sections. Date of experience: January 05, 2025. Once a deposit has been confirmed, the funds will need to be moved to from the Wallet to the Trading account. There is an extensive range of assets that you can trade there. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. The platform supports various order types, including market, limit, and stop orders, providing flexibility in trade execution.

My Key Takeaways After Testing PrimeXBT on Mobile

You won’t be able to complete the order until it’s fixed. However, the lack of regulation should be considered as a potential risk. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. Dogecoin isn’t safe, so think before you buy Dogecoin. Everytime my trade was in profit the spread widened until I got back to + 0 again. Get instant access to a wide range of popular markets, all from a single account. PrimeXBT offers discounts to high volume traders but lacks algorithmic trading support. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. This section will explore key maintenance practices, such as regular backups, software updates, and monitoring account activity. However, our platform provides a multitude of other enticing features, including a welcome bonus, diverse rewards, and a range of trading opportunities across global markets. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. Click Download and confirm the file download if you see a warning. Disclaimer: This page may contain affiliate links. We saw this happen during the invasion of Ukraine – where all three happened. These are all traded against the USD, while ETH, EOS, LTC, and XRP can also be traded against BTC. Ever wondered where innovation meets opportunity in the world of margin trading. Thank you for choosing PrimeXBT. The remaining 40% is spread equally between the platform and the strategy manager whose strategies the user copied. It is also recommended that you stay informed about the occurrences in the market because prices react to market sentiment. The second and final round of our Reduced Fees Giveaway has ended, and it’s time to announce our newest set. However, there were a few areas of disappointment. If one was to leverage. However, the platform has garnered positive reviews from its customers with few complaints. As anyone that has participated in the Crypto market knows, analysing and monitoring such an active and mobile market is time consuming. Its intuitiveness and simplicity provided a pleasant trading experience. 071 USDT in trading fees. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. As your email is the only form of ID at PrimeXBT, it is not possible to change account email.

Select a Country

Losses can exceed the initial investment. In terms of security, PrimeXBT takes extensive measures to protect customer funds, including keeping most funds in cold storage offline, using multi signature access, and conducting regular security audits. Once registered, you’ll be able to explore the various features, tools, and functionalities offered by PrimeXBT, including exposure to margin trading for Bitcoin and other Cryptocurrencies. In fact, as of late September 2024, around 72% of altcoins had been beating Bitcoin’s performance for a period of 30 days, a significant increase of 57% when compared to the previous three months. To withdraw funds from the Trading Account to the Account Wallet click on 1 “Account Summary”. A $100 trade multiplied by 100 would result in a $10,000 trade in US dollars. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. The platform provides a suite of drawing tools, including trend lines and Fibonacci retracement, as well as various chart types like candlestick, bar, and line charts. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. 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. Having been a retail trader since 2013, Plamen has gained an in depth understanding of the challenges that novice traders face today. This website is owned by PrimeXBT PTY LTD. To open the account, you need to provide your name and email address. First time users must decide how much bitcoin they want to order and need to open a Coinify account. Let’s explore margin trading with an example. Here’s how you can get started. Tax on profits may apply. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. Placing trades on PrimeXBT is simple, with an easy to use order form. These fees are generally avoidable with careful account management and awareness of the platform’s policies.

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Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. OKX stands out as a top alternative to PrimeXBT, offering a broader range of crypto products and services, plus monthly Proof of Reserve releases for enhanced transparency. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. No disadvantages, all is good, working fine. Read next: What are the best crypto trading bots. This method effectively measures the capability of customer support to assist both active traders and casual investors. Information regarding past performance is not a reliable indicator of future performance. I ain’t got hiccups with the number of payment means but faced a sudden delay during depositing. These fees are a common aspect of Forex trading and can vary significantly depending on the currency pair being traded.

Bernd K

Was hard to believe it, BTC got above 100k and it’s great to have primexbt app in your hands to take advantage of new price fluctuations. Date of experience: October 25, 2024. Related: How to Convert BEP20 to ERC20 Tokens Guide in 2023. The main tool for trading in PrimeXBT is a web platform with built in market analysis tools. Embark on a collaborative trading journey with PrimeXBT copy trading feature. Whether you’re a new trader or a seasoned professional, PrimeXBT provides the tools and resources to enhance your trading journey. To deposit, simply navigate to your account dashboard and click on the Deposit button. Cryptocurrency, Forex, Indices and Commodities. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Readers should do their own research. PrimeXBT offers an entirely anonymous experience.

Open free account

You can purchase Ether and other altcoins with fiat currencies and methods like bank cards, wire transfers, or digital wallets. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. Traders should check the list of supported and restricted countries and ensure compliance with local regulations before using the platform. When customers navigate to the copy trading area of the platform they will be presented with a long list of traders, their trading performance for the past 24 hours, and their longer term performance. Over the last few years,. During testing, I received fast responses with a reasonable level of detail. To begin trading Forex on PrimeXBT, you’ll need to create an account. 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. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. However, if you are interested in diversifying your investments, PrimeXBT is an excellent choice. 1M+ community members. This can be especially painful when trading on margin, as every price movement gets amplified by the leverage. The exchange does not currently offer fiat off ramps for withdrawals. Market Price and Order Entry. Thanks again for choosing PrimeXBT. 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. Withdrawals are typically processed quickly—often in less than 24 hours. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access.