PrimeXBT Competitors and Similar CompaniesClear all

There is no minimum order size. Top 10 Best Rated Brokers. Some require a lot more time and effort, but then can give a lot more profit and return on that effort. Last updated 1 day ago. Here are some of the biggest crypto affiliate offers along with their platform in the table below. It is also important to learn the existing strategies. The cryptocurrency market is still new and buzzing. These calculators allow traders to input trade parameters such as entry price, stop loss, and position size to calculate risk/reward ratios and potential equity changes. All these metrics are used for determining active or passive projects despite the artificial hype. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. For example, you may find a company that is involved in mining gold, a commodity that you believe will continue to go higher. Many crypto exchanges, crypto firms and financial institutions offering cryptos already have KYC procedures in place to have regulatory compliance and protect their clients against various risks. A second company appears on the website: Prime Technology Ltd. 274 If the goal is to be realized, economics and law must work together to eliminate the recipients’. Although they have the same commission for your direct referral, BitMEX does not offer tiered referral payouts. When it comes to buying Bitcoin or any cryptocurrency, there are plenty of options. The interest rate is kept constant at 0. These products are not suitable for all investors. Here is a look at how simple it is to be a trader or follower on Bybits copy trading platform. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Once the trading pair has been placed in the ‘Favourites’ list it will be indicated as. This sets it apart from other platforms. 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. Order Book refers to the stream of quotes offered by our liquidity provider. The withdrawal limit can can be removed by verifying your account. Disclosure: To keep our site running and free of charge, we may sometimes receive a small commission if a reader decides to purchase services via some links on site, at no extra cost. Slippage can also impact stop loss or limit orders, causing them to trigger at different prices then intended or occasionally not trigger at all.

Secure Profits Regularly

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 screenshot above shows an example of an OCO combination of 2 different orders: Buy Stop order + Sell Limit order. This number continues to grow because it is very easy for developers to launch their own token. To register, go to the PrimeXBT homepage and click on ‘Register’. This leveraged trading platform has a nice UI/UX and clean candles without the typical Bitmex flashes. Click on the blue ‘Save’ button to confirm the changes. Q: What financial instruments can I trade with Prime XBT？. Step 2: Currently, there are two deposit options on PrimeXBT Direct BTC deposits and Alternative Deposits. Once a withdrawal has been requested, users will have to wait for the PrimeXBT team to process it as withdrawals are manually processed. There is also a unique short term trading feature offered called PrimeXBT Turbo, which allows users to speculate on short term price movements of various assets. 005 when it launched – and prices remained largely flat until 2017, when the entire Crypto industry went through an unprecedented boom. If you use the market order a lot for entering trades on your chosen cryptocurrency pairs, then PrimeXBT is for you. By design, the supply of the Bitcoin digital currency is capped at 21 million. Well with leverage of 1:100, you can take a position that is 100x more than your account balance. Make sure to review our special article about the Affiliate program here. Our Cryptocurrency Expert. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. For more information, see the developer’s privacy policy. While they don’t offer nearly as many earn products as Binance, they have a lot more on offer than much of the competition out there. Well with leverage of 1:100, you can take a position that is 100x more than your account balance. Through these third parties, customers can buy BTC, ETH, USDT and USDC. If negative balance exceeds Bonus due to trading losses and/or fees and commissions paid, the Bonus is considered to be spent. In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market. This requires a bit of know how and understanding of market conditions in order to get the best price, but it does offer some benefits. To make things simpler, shorting is nothing but betting on the price of an asset going down. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.

Digital assets, investments and trading

The second step isto choose the best crypto exchange with good trading conditions. Crypto transactions are supposed to be anonymous. Affiliate Program: Users can join the Affiliate Program and enjoy up to 50% profit share. PrimeXBT is a CFD exchange that offers a suite of trading markets, including some cryptocurrencies. This event occurs every four years and makes new Bitcoins scarcer. Ethereum network for ERC 20 tokens. BC Bitcoin is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 24 cryptocurrencies. Learn more about Baksta’s Legal Terms. If you forgot or lost the password from your account, you can proceed to the ‘Password Recovery’ page. Litecoin has been called the silver to Bitcoin’s gold, and is meant to be faster, cheaper, and more efficient to use for general transactions. So, if you want to invest and profit in a certain cryptocurrency that you can see is on the rise, you have the opportunity to switch from Litecoin to Ethereum, for example. Users can create an account in less than 40 seconds, deposit and stake funds to gain passive income. Our website uses cookies. Thank you for choosing PrimeXBT. For example, all of the best exchanges should possess top tier security features, but if you’re looking to trade only the main cryptocurrencies, you probably don’t really care too much about the variety of coins available on the exchange. Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Simply deposit your BTC to begin trading. PrimeXBT awards prizes for virtual trading contests.

The Shiba Inu Ecosystem

41 Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Users can hedge against other positions and risks and speculate on different markets and sectors. Yes, there are 2 different fees that can be incurred when trading Trade fee and Overnight financing. The 20% Deposit Bonus applies to any deposits you make during the promo period, until you’ve claimed a total of $1,000 in bonuses. Can I change my leverage. Trading charges, including overnight fees and PandL, will not impact the promotional capital and are levied on the Trading account balance. The highest possible leverage is automatically applied when opening a position, and you can control it by selecting the size of the position. Bitcoin has a margin requirement of 1% 1:100 leverage so you need to deposit $74,000×1%=$740 as margin collateral.

No Deposit Bonus $30 – ProFX

Follow the same steps to trade Forex, Commodities, or Indices. Moreover, the Stellar price on the monthly chart has formed a rarely observed long term hidden bullish divergence. Choose one of the following products that suits your needs. This is better than the other futures exchanges such as BitMEX for example. These currencies belong to countries with advanced economies. Trade 30+ assets including Crypto, Commodities, FX, and Indices anytime, anywhere. PrimeXBT processes withdrawals once daily within a set timeframe as part of its strategy to minimize transaction fees for cryptocurrency withdrawals. PrimeXBT also uses a mix of cold storage and hot storage for assets for an added layer of protection. Click on the blue ‘Save’ button to confirm the changes. 17, extreme oversold.

How to invest? How do I start?

Affiliate Program: Users can join the Affiliate Program and enjoy up to 50% profit share. Because of this, the idea of staking Ethereum will have to be factored into any pricing. The Covesting copy trading module on the PrimeXBT platform allows experienced traders to share their best trading strategy. The Affiliate program allows users to earn additional income for promoting their audience to PrimeXBT platform. Such an operating model ensures that there will always be enough liquidity to execute orders as soon as they are placed. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. If you are new to cryptocurrency – both Ethereum and Dogecoin are considered altcoins, which are basically digital currencies that aren’t Bitcoin. If you are a resident of an accepted jurisdiction, you can start using PrimeXBT services as soon as you register an account and deposit funds. Cash withdrawals by default imply a verified account. As we do not offer individual stocks, this is never an issue at PrimeXBT. 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. You can hold onto a margin trade for as long as you like, with the caveat that overnight financing can be quite substantial over long periods.

Latest Binance Coupon Found:

To protect your account, please change your password at this link: and enable 2FA. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. We will help you attract more customers and increase your business’s profits. PrimeXBT also retains the right to request KYC verification from any user at any time, ensuring compliance with regulatory standards. We’re thrilled that you find our charting tools exceptional, always glad to help with your trading decisions, working hard for you. 2, you can close your position with a $7,900 profit. I also like that although the charting interface looks and functions the same, traders need to switch between margin, spot, and derivatives trading, which in my opinion, keeps things more organized and less cluttered, helping to ensure traders don’t accidentally trade the wrong market. 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. Developer activity continues to hold steady with Litecoin. With Copy Trading for beginners and advanced margin trading tools for the experts, there’s something for everyone. Markets section allows you to monitor general information of market activity for the available trading instruments. Fees aren’t burdening whatsoever, very competitive ones. The platform provides an intuitive dashboard where users can manage their accounts and trading operations.

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However, it also has its disadvantages. How does copy trading work, and which tips do you need to know to succeed. It will show up under their respective taps. You’ll see that you have to complete a KYC document identification procedure to make a purchase via a card or bank transfer at PrimeXBT. You might also like: PRIME XBT Review. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. Everything is well laid out, not cluttered, and easy to find with intuitive drop down menus. In nearly 5 years in business, PrimeXBT has never been hacked – a remarkable feat in the Crypto industry fraught with exchange breaches. Another reason to use PrimeXBT are the low fees associated with trading stock indices. Does Prime XBT use MetaTrader. And only has seven crypto trading pairs available which is very weak. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. The fee will remain the same regardless of the amount being withdrawn. To provide our users with transparency and affiliate tracking metrics, we have integrated Affise performance marketing software as a service into the PrimeXBT trading platforn. BNB is up by 11%, Solana by 33%, and XRP by 1%. To fund a Margin Account. By signing up, you agree to the our terms and our Privacy Policy agreement. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. We have developed a unique personal charting package which provides a large array of professional charting tools and instruments, which also allows us to update and improve it in accordance with the needs and wishes of traders. It explicitly states in its terms and conditions that it does not provide its services to residents of the United States of America. Up to 1000x leverage is offered for trades on traditional assets. Today, the organization is headed by Brad Garlinghouse, CEO, David Schwartz, CTO, and Kristina Campbell, CFO. Trading Bitcoin is a little bit more complex than just clicking the “buy” and “sell” buttons and below you will learn to trade cryptocurrency successfully. A detailed table of all trading fees for Global Markets, Crypto Futures and Copy Trading products is regularly updated and provided on the PrimeXBT website. Unrealized P/L: reflects combined Profit/Loss from all open positions;. The RXD price bounced on September 20 but was rejected by the $0. Isolated margin positions have another function. Please note that we do not recommend to utilize 100% of Available margin as this creates a significant risk of even the smallest negative P/L resulting in liquidation of the position.

Knkratn

This means that users can insert a new panel onto any one of their desired workspaces. Trade cryptocurrency derivatives with fees as low as 0. Copy Trading: PrimeXBT enables users to copy the strategies of leading traders through the ‘Copy Trading’ product. A liquidation occurs when a broker must sell all open positions in order to cover the outstanding margin balance with whatever collateral has been deposited. 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. The Individual Limit is intended to reduce exposure of Covesting users to specific Strategies, thus minimizing overall risks by diversifying their Portfolio. These include fan lines, Fibonacci, retracements, and other trend lines. How price reacts to these lines and how they crossover or under can provide bearish or bullish signals.

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Advanced trading concepts can be confusing for beginners. The team also hosts trading contests for users to win real prizes by outperforming other traders. Requests submitted after 12:00 UTC are processed on the next day, ensuring a structured and timely withdrawal process for all users. Trading conditions for trading financial instruments such as futures have advantages. Once you have selected the desired exchange direction, the amount of currency to exchange, and chosen a fitting exchange rate, click on the blue ‘Confirm’ button to execute the exchange. PrimeXBT has a similar interface to any forex or crypto trading platform, including simple market or limit orders, customizable charts, and more. You can take a long position that will give you profits when the price of a cryptocurrency rises. The coin has the longest history, is the most well established, has the greatest liquidity and popularity, and remains the most decentralised and pure example of a value gaining digital asset. In the ever evolving landscape of cryptocurrencies, a new contender has emerged, captivating the attention of investors and enthusiasts alike: Shibarium. The same statement from above holds true. The withdrawal limit can can be removed by verifying your account. There is an extensive range of assets that you can trade there. Traders begin shorting Bitcoin on PrimeXBT by conducting thorough analysis using PrimeXBT’s toolset. Learn more about Baksta’s Legal Terms. These Bitcoin ETFs are available to trade on most mainstream exchanges, not just a Crypto exchange, Coinbase, for example, and are regulated by the Securities and Exchange Commission, giving an added security layer. BC Bitcoin is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 24 cryptocurrencies. All you need to do is select the right wallet of your choice, click on deposit, and then follow instructions. You will have completed the trade and consolidated the gains and losses. The security measures in place, including multi signature cold storage and SSL encryption, prioritize the protection of user funds and data. PrimeXBT offers the following Leverage: Cryptocurrencies up to 1:200 for BTC and ETH, and up to 1:100 for altcoins Indices and Commodities up to 1:100 Forex pairs up to 1:1000Detailed information regarding leverage for all available instruments can be found here. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. The SEC claimed that XRP was a security and should have been registered with the agency. 025 just recently on Black Thursday in March 2020. Tailored to accommodate both newcomers and experienced traders, the platform integrates advanced trading options like margin trading and leveraged positions, enabling users to trade effectively in both rising and falling markets. 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. Bitcoin is about to undergo another halving in April.

Table of Contents

PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. The exchange has deep liquidity and near instant trade execution. Trade Fees are as follows. 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. Readers should do their own research. Here you’ll find that your crypto deposits will take around one minute for Ethereum payments, and up to 40 minutes for Bitcoin deposits. Shorting Bitcoin on PrimeXBT is possible thanks to the contract for difference market that enables price speculation without physical asset ownership. Here’s a look at the pros and cons of using this feature. Once you are ready to begin trading with your Strategy, simply click the ‘Trade’ button for the selected Strategy. Positions closed before the start of a new trading day 00:00 UTC will not be charged at all. Your profits will depend on your patience, trading decisions and the success of your trading strategies. It also gives them the ability to reach out to customer support right there in Telegram. Trading here is safe and profitable if you have enough knowledge to use all the available tools. A free practice account is offered through the PrimeXBT Contests platform. Content is not intended for US, EU, UK, NZ or Israel residents. Several types of customer service are available, from chatbot to phone support. The other thing about crypto is that the regulatory framework is not well developed. To withdraw Fiat currency USD, go to the Main page. Once you have those requirements, click on this link PrimeXBT Sign up page to register and sign up for an account. At the end of 2022, government regulation seemed to be coming, which may be precisely what Ethereum needed. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. However, the DOT price may rise that high in the future if the token’s team continues to promote and upgrade the project. Bybit has quite a few earn features available, which provide traders with plenty of opportunities for passive income. At PrimeXBT, we’re committed to giving you quick access to multiple markets. GBP/TRY is The Great British Pound traded against the Turkish lira. The PrimeXBT app is free to download on iPhone iOS and Android APK devices via the Apple and Google Play stores. I always use my principle that good cooperation cannot be built without trust. If Bitcoin’s price then rose 10%, you would earn a $10,000 return on the original investment. The reason is that Bybit supports over 300 crypto assets and crypto derivatives, compared to the approximate 40 found on PrimeXBT. While high leverage can generate substantial gains, it can also lead to significant losses if market movements are unfavorable.

Material

PrimeXBT is an excellent cryptocurrency and crypto futures trading platform for traders who are looking for a way to use Bitcoin BTC, Ethereum ETH as well as Stablecoins USDT/USDC, or fiat accounts as margin collateral to trade cryptocurrencies and traditional markets. Now with up to 35+ pairs, traders have their pick of top altcoins like Cardano, Solana, Avalanche, and dozens more. If you choose to purchase crypto first from a crypto exchange, funding your account is relatively simple. You can follow the status of your withdrawal on the ‘Reports’ page, under Transfer History. This is referred to as selling or going short, as opposed to buying or going long. This includes the personal margin required to open a trade. In the event of adverse market movements, positions with higher leverage can get liquidated quickly, possibly leading to substantial losses for traders. Labeled Verified, they’re about genuine experiences. In a derivative market, such as the CFD markets offered by PrimeXBT, traders can leverage their positions. Capterra directories list all vendors—not just those that pay us—so that you can make the best informed purchase decision possible. Now you have an open leveraged position on PrimeXBT. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Trading with leverage is highly risky and can result in significant losses. 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. In order to report a bug or share your feedback, please send an email to ✉️ or a message to an online chat on the platform. Returns or profits may be subject to capital gains tax. Nov 11, 2022 on FTX official twitter they posted an announcement that they went bankruptAlthough in history, there have been many successful companies that came back to life after Chapter 11 bankruptcy such as Delta, American Airlines, General Motors. By following desired Strategies, you automatically replicate their trades on the market, thus following the trading decisions of experienced and successful traders. Overall, trading on PrimeXBT has been cost effective and beneficial for my trading activities. One click trading: allows you to control orders and positions with one click. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. 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. This makes them a popular choice among traders who want to hold positions for more extended periods of time and who want to avoid the hassle and cost of rolling over positions. So the good news is that PrimeXBT offers you a great way to use leverage to open up trades with potentially a much greater earnings value compared to what you deposit. Liquidation may occur if available margin reaches 0%, as available margin is no longer sufficient to sustain further losses. I strongly advise against using Primexbt as a broker. SimpleSwap is a reputable cryptocurrency exchange platform that offers users a seamless and secure way to instantly swap various assets. Kfbsnkwrk Likely a WebKit related issues, monitor for a change when we release next version of WebKit.

Web3 Explorer

It is like a social trading environment where users can explore traders and evaluate them to copy. To trade Crypto perpetual contracts, go to the Trade dropdown menu, select ‘Crypto Futures’, and your ‘Margin Account’. As a meme coin Shiba is considered to be a high risk investment. Tags:50+ markets One account,Trade Crypto,Forex,CFD with No. Less regulated organisations on the other hand would be more likely to try and avoid KYC regulations. 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. Because of this, traders will use a methodology or system to place trades and look for currency pairs that offer those setups. Plus, details like this can help those who enjoy copy trading on the exchange. Crypto Withdrawal Fees. A market order is an instant order. Face the ultimate challenge earn your right to be called a Web3 expert. Once a withdrawal has been requested, users will have to wait for the PrimeXBT team to process it as withdrawals are manually processed. You can also pick a margin account with a different currency other than Bitcoin. Claim up to $7,000 in Bonus. BUT there is a catch.