The Anthony Robins Guide To PrimeXBT Trading Platform

PrimeXBT Review 2024: Complete Exchange Overview

As PrimeXBT is an STP broker, we receive quotes from a large pool 12 of liquidity providers and automatically arbitrage between them to offer the best currently available prices. PrimeXBT will suspend processing of deposits and withdrawals for ETH and ERC 20 tokens for short periods of time. 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. With this also comes high cybersecurity standards that are regularly tested and audited to protect client’s capital. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Overnight financing fees on long and short positions range from 0. The withdrawal process on PrimeXBT typically takes between 24 to 48 hours. “BitSeven is not a safe place to place your money”. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. A bullish outlook may be appealing but technical analysis and technical indicators will have to confirm this hopeful outlook. Such a streamlined journey with them. The bonus consist of 7% of the deposit on the trading account, but not more than USD 7000;3. The support manager recommended me to go the Analysis page and use the TradingView database. Perfect Money is a very popular e payment method that makes it easy to deposit in fiat and trade Crypto or any of the other 100+ markets we offer. We’re always keen to see where crypto trading sites are allowed to operate, especially as the US regulators seem to remain steadfastly opposed to anything to do with cryptocurrencies. Totally FRAUDULENTI registered as an Affiliate. The support and resistance levels are the two most popular technical analysis indicators used in the market. Customisable features include the arrangement of widgets, such as order books, trading history, and watch lists, ensuring that users have easy access to the tools and information they need to make informed trading decisions. 05% for Cryptocurrencies. The web version of the platform is available on all browsers and does not require downloading any software. Crypto experts have analyzed Polkadot prices in 2023, so they are ready to provide their estimated trading average for August 2024 — $$14. Both platforms follow industry best practices, and that is that they both keep the majority of their crypto in cold storage, out of the reach of hackers. And it has already changed actually. Moreover, this makes the exchange less of a target for identity thieves who are looking for juicy targets in databases. Bybit has a great selection of over 400 crypto assets and almost 600 trading markets, which is quite impressive, it is no wonder that Bybit has become an oasis for crypto trading. LTC has consistently been among the top ten cryptocurrencies, despite the fact that it has not been able to catch up with its older brother, Bitcoin.

PrimeXBT Trading Platform For Dollars


Links to third party sites are not under the control of Bitcompare, and we are not responsible for the reliability or accuracy of such sites or their contents. The prices of commodities BRENT, CRUDE, and NAT. Basic Attention Token BAT. Choose your deposit currency. By altering the graph for time just underneath your PrimeXBT trading main chart, you may change the shown time range. Showcase your Web3 expertise and earn exclusive rewards. On the other hand, maybe your online trading community is your crypto home, and you know you would get more leads from them. Beyond standard trading tools or even advanced tools, some platforms offer key competitive advantages that aren’t offered on other platforms. If you choose this, then you are unable to access the highest leverage range that PrimeXBT Crypto Futures offer. PrimeXBT is the first platform that blends both markets, the traditional one with forex, indices, commodities and other instruments and the “new” market with digital instruments. Comments:What I have to admit is that PrimeXBT is one of the safest trading platforms I have ever worked with. However, Bybit actually has a negative maker fee of 0. 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. These products are not suitable for all investors. In 3 occasions on 13th and 15th of April 2020 they have closed my positions on 6$ and on 20$ difference while price was above 6k, meaning their system is liquidating on almost 1/1000 since margin was over 1 when they liquidated it, 10 times more on 13th and 3 times more on 15th. Les graphiques interactifs et les outils d’analyse avancés permettent aux utilisateurs de suivre efficacement les tendances du marché et de prendre des décisions éclairées. Make sure that the amount in your AdvCash wallet is displayed correctly and matches your payment amount. Remember, it’s not just about the headline “trade fee,” but the complete financial ecosystem within each platform that deserves your scrutiny. A stop loss protects the long positions by selling at a price that you choose. I want to be a members member. At its core, PrimeXBT stands as a comprehensive trading hub, particularly noted for facilitating the trading of popular cryptocurrencies against the US dollar, including key Bitcoin BTC pairs. Disclaimer: Margin trading is considered to be a risky activity, so do your own diligence and never trade more than you can afford to lose. Next step making a deposit. Past elections have acted as the catalyst that once past, leads bulls into a new rally and Bitcoin toward new all time highs. You will be asked to verify your email address. I have explained how this company offers isolated and cross margin futures contracts, its highly accomplished and customizable dashboard, and even the PrimeXBT copy trading module. When we reached out, both Garret and Anthony below were free, and they got back to us almost immediately. Normally, solid, reputable platforms offer no cost for signing up, and very small minimum deposits. Today, we will be talking about how margin trading works in general, what are the best trading platforms to practice margin trading, and hopefully get you examples on how everything is done by the end of this review. Any site that lets you trade everything from Bitcoin and gold to currency pairings and indices should give you plenty of investment options.

9 Ways PrimeXBT Trading Platform Can Make You Invincible

Why You should consider trading cryptocurrencies

There, you can use fake funds and understand more about this trading practice without losing your assets. It’s important to note that regulatory requirements and restrictions can change over time, so you should check PrimeXBT’s official website or contact their customer support for the most up to date information on supported and restricted regions. The first thing you will have to do is understand how the currency markets operate. “Qty”, stands for the number of contracts that your position is worth at the time of opening it. It is also a peer reviewed blockchain with heavy academic input. Sometimes, traders will find correlating assets or companies to do the same thing as well. Depending on the type of a promo campaign, specific rules and conditions may apply to the promo, as listed below. It is uniquely designed to head on address the scalability issues associated with Bitcoin, Ethereum, and other gen 1 and gen 2 blockchains. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Plus, it gives you a shot at winning an iPhone 15 Pro. PrimeXBT’s traditional asset CFDs provide traders with access to a diverse range of financial instruments, allowing for ample diversification and investment opportunities. Users from the following countries/regions are NOT allowed to open an account with PrimeXBT: USA, Canada, Cuba, Japan, Algeria, Ecuador, Iran, Syria, North Korea or Sudan, United States Minor Outlying islands, American Samoa, Russian Federation, Israel and Saint Vincent and the Grenadines.

Top 5 Books About PrimeXBT Trading Platform


Returns or profits may be subject to capital gains tax. These apps will allow you to place trades and monitor open positions on the go. If you open and close a leveraged position within the same trading day, you are not subject to overnight financing. We’re here to help you. Proceed with the log in and insert the PIN code sent to your email inbox that is linked to your AdvCash account. Is the bonus still avaible. Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity. Not only do they offer insights into using their platform effectively, but they also delve into general trading strategies and market analysis. AWS has a proven track record of industry leading digital and physical security. A trading day lasts from 00:00 UTC to 23:59 UTC. The broker protects its customers’ assets using an extensive cyber security framework. Storing gold presents risks and or potential costs. PrimeXBT has not provided an explicit reason for this, but it can be deduced from their stance on financial safety that it was implemented as a type of implicit risk management protocol. This momentum accumulation phase is right now causing the sideways market we are currently experiencing on the Altcoin. Once all adjustments are complete, click on the ‘Set’ button to apply and confirm the changes. Short selling, on the other hand, allows you to profit from falling prices in the market. These contests allow traders to showcase their skillsand compete against others for attractive rewards. PrimeXBT supports the trading of cryptos by market cap. Best Mobile Trading App. Access Your Money From Anywhere. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Your payment may be cancelled, rejected or recalculated if the amount of the payment in your local payment system is changed. 1 Turbo prediction interface – change chart settings and make predictions. PrimeXBT empowers traders to go long or short with leverage. Most member reviews of MyCryptoParadise are realistic but positive. 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. Unfortunately, as of late 2023, MEXC isn’t available for US residents. While it could be a better platform, PrimeXBT has established a name for itself, being a Bitcoin based margin trading platform that offers access to global financial markets, including forex, stock indices, commodities, and cryptocurrencies. While KYC is not mandatory for all users, certain features and activities on the platform may necessitate KYC verification.

PrimeXBT Trading Interface

It’s so great for new trader like me. Gas prices are derived. It operates as a Seychelles International Business Company IBC under the company name PrimeXBT Trading Services. If you are looking for ways to profit without investing and trading, and wish to become a partner of PrimeXBT, make sure to review our Affiliate program. The formula for the calculation is SandP 500 Index = All SandP 500 Stocks / Divisor. However, there’s also the daily funding rate that you have to consider since this is leveraged trading. This is arguably acceptable for one simple reason: many traders are more weary of opening high leverage futures contracts for smaller coins and tokens. 618 Fibonacci retracement level. You can check out the best crypto exchanges in USA. And, if they need to execute their orders quickly, they can do so with just one click or double click. Indeed, the OFAC administers and enforces US financial sanctions. PrimeXBT also protects its clients not through regulation, but anonymity and cybersecurity, mitigating the damage that hackers could do and reducing its attractiveness. The entity falls outside the EU regulatory framework i. You can learn more about Covesting Copy Trading and managing trading strategies at the PrimeXBT Copy Trading FAQ section on their site. Additionally you can deposit directly to your Global Markets and Crypto Futures trading accounts by preselecting the destination upon your deposit to the platform. PrimeXBT offers a traditional trading interface as well as PrimeXBT Convert, a beginner friendly tool to purchase and sell crypto with just a few clicks. In the case of a withdrawal, customers will need to head on over to the “withdraw” page where they will provide their personal crypto address and simply send the crypto funds to the address of their choice. 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. According to an alternative program, you can be credited $40 1,250 for each client referred. No, PrimeXBT does not support direct fiat deposits. This allows traders to speculate on the overall performance of the world’s leading stock markets, benefiting from their broad market movements.

Buying your first stocks: Do it the smart way

Not everyone can be the best of the best, but that doesn’t make you inferior. Some customers report that the apps are solid and very useful, while others complain that the platform is slow and glitchy. Just so you know, these assets are kept in a cold offline storage facility to ensure that they don’t fall into the wrong hands. On the daily time frame, the price chart of USDCHF has been spotted forming a chart pattern called THE DOUBLE TOP UandU EVEandEVEThis calls for an opportunity to open a short trade to the down side. Returns or profits may be subject to capital gains tax. 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. Cash/Fiat withdrawals from the platform are processed within the same timeframe as Crypto withdrawals. News of top performers is also regularly updated on the broker’s website. There are many different kinds of online trading sites out there and it’s essential that you use one that is well suited to your own particular investment requirements. 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. At the moment, an API interface is not available. The information on this website is for educational purposes only, and investing carries risks. Yes Bitget offers fiat on and offramp services via third party integrations. Market research: PrimeXBT offers weekly market research, providing traders with access to in depth market analysis. You should take 1% my whole margin only when it is taken by the price change, and your faul play is noticed over and over. Positions closed before the start of a new trading day 00:00 UTC will not be charged at all. Ever feel lost trying to figure out the ups and downs of the market. Turnover volume is calculated separately for each Global Markets Margin trading account. Generally, the thing that takes up the most time for customer support staff is KYC verifications. Click on the Margin Type of any of your positions in the ‘Positions’ sub section to open a special sub menu to manage them. Covesting works well for both new and experienced crypto traders.

Earning Options

Swing trading is a short term to medium term trading style. Upon registering, you can make a Crypto or Fiat deposit or purchase Crypto with a credit/debit card or bank transfer to begin trading. Plus we should note that PrimeXBT will strive to approve your withdrawals on the same day that you make them. PrimeXBT Oil trading as a spot instrument has many advantages for investors who are only interested in price speculation. The views, opinions and positions expressed in this article are those of the author alone and do not necessarily represent those of or any company or individual affiliated with. Many investors traditional and crypto will tell you that fundamentals are extremely important and should carry the most weight when you assess a project. We also make it simple for our partners to receive payouts, offering a plethora of different withdraw methods, including Bitcoin, bank transfers, Skrill, and more. PrimeXBT is a reputable business and online trading platform, operating in accordance with the highest standards of the financial industry and aims to provide traders with the best possible conditions and trading opportunities. With PrimeXBT, it is a simple 2 step process. StormGain employs a straightforward fee model. The broker ranks providers so clients can find a trader that matches their risk tolerance and trading style. A withdrawal address can be whitelisted by clicking the ‘Withdraw’ button for the asset you wish to withdraw, in your Dashboard. Cardano and ADA were created by ex Ethereum co founder Charles Hoskinson. This utility reduces trade fees for all trades within a Strategy provides a discount of 10%, 20%, or 30%. That said, many users believe that KuCoin is one of the simpler exchanges on the current market. They quickly helped me to figure out all the issues I had on the copy trading platform an explained which aspects to consider when choosing whom to follow. Liquidity risk usually arises when trading with illiquid instruments, such as exotic Forex pairs, exotic cryptocurrencies, or low cap stocks. With the largest variety of assets — digital and traditional — PrimeXBT offers a solution for any trader’s needs. Top website in the world when it comes to all things investing. No, this is not possible at the moment. By capping the leverage on isolated margin trades, PrimeXBT may be attempting to protect traders from the rapid exhaustion of margin in the face of volatile market shifts. I have explained how this company offers isolated and cross margin futures contracts, its highly accomplished and customizable dashboard, and even the PrimeXBT copy trading module. A withdrawal requested before 12:00 UTC will be processed on the same day. While unlikely, it is not impossible. Another popular reason more traders choose PrimeXBT, is due to the platform enabling traders the ability to take both long and short positions. We should note that we carried out much of this review on the PrimeXBT app. While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. Establishedin 2018, PrimeXBT has quickly gained recognition in the trading industry. Now, when it comes to the trading fees for cryptocurrency trading, there’s a flat trading fee of 0. With PrimeXBT trading, users have access to high liquidities across more than 80 asset classes, including PrimeXBT Forex trading, indices, commodities metals, gas, and oil, and cryptocurrencies Bitcoin, Ripple, EOS, Litecoin and of course, Ethereum.

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Here are some strategic benefits that highlight the significance of incorporating stop orders into your trading arsenal. Levels to watch: The Resistance is at 66. Claim up to $7,000 in Bonus. 34 happened with bullish divergence. Moreover, whales can also manipulate prices. All data is delayed by at least 15 minutes. Traders who provide trading signals are called trading signal providers. When leveraged trading, it’s important to know that margin trading offers both big opportunities as well as risks. Curious about where Ethereum can be used. After the protection orders have been attached, they will be reflected in the Positions sub section under the ‘SL/TP’ column accordingly. ” All rights reserved. Naturally, something like this comes with inherent risks, which is why this PrimeXBT Crypto Futures review is aimed at people who are slightly more advanced and ambitious than the average beginner. No disadvantages, all is good, working fine. With the help of JADA, the Japan Authority of Digital Assets, bitFlyer is committed to introducing Bitcoin to Japan and the rest of the world. Just click on “Open new account” and pick the cryptocurrency of your choice. Updated requirements are highlighted. Choosing the right platform is extremely important before depositing any capital anywhere. This will redirect you to the page below where you can clearly see all accepted payment methods and fees charged. 74 in bearish scenarios. In addition to bank grade security infrastructure and a threat detection system, PrimeXBT takes a number of steps to protect investors. This way, you can improve your returns and achieve the same returns as the leading traders on the platform.


However, the interest rates on the loans only constitute a small risk, as long as the trade isn’t held for an extended period of time. PrimeXBT beats all competitors. MATIC’s price trajectory over these years has been influenced by several factors, including the overall growth of the blockchain and cryptocurrency sectors, Polygon’s technological advancements, and the broader economic environment. In case you have any questions about the PrimeXBT platform or trading, you can use its Help Center section to find answers. Users can also customize the indicators in terms of the time frame and other important inputs. Please check the promo campaign rules. 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. This is a great way to receive greater exposure to the market, grow your community and scale your profit opportunities. After successfully choosing an order type, choosing the right amount can be crucial. Make sure to review our special guide about Promo codes. The advantages of crypto margin trading are similar to any speculative lending. The fee will remain the same regardless of the amount being withdrawn. BingX:BTC,ETH,Crypto Exchange. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. PrimeXBT supports the trading of Crypto Fiat trade pairings. However, it sounds like there may have been a misunderstanding or miscommunication in your case. To activate your 25% deposit bonus. For USDT and USDC TRC 20 tokens the TRON network is also available. But, if the trader wanted to make that same trade — with exactly the same potential profit or loss which would be a tick value of $100 per 0. I have contacted the support asking what went wrong. Prime XBT is a derivative exchange with a wide range of trading instruments. Prime Technology Ltd is PrimeXBT’s Technology Provider. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. By being built on Ethereum, it can work with smart contracts, unlike Dogecoin, its biggest competitor. When choosing this type of margin, you can adjust and select Leverage that will be applied to your order. Bitstamp is a cryptocurrency broker based in Luxembourg that launched its service in and offers individuals to buy and sell more than 41 cryptocurrencies. Our traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style.


Additionally, the Average monthly income calculator allows you to estimate the possible income from attracting users to PrimeXBT through a referral link. Claim up to $7,000 in Bonus. The XLM symbol designates Stellar Lumens, an alternative cryptocurrency. Instead, Coinbase was originally a medium through which Bitcoin could be bought and sold via bank transfer, primarily to store Bitcoin and some underlying altcoins. An improvement in trading volume could be a sign it is time to buy ADA again to add to a diversified portfolio. Upon account creation clients may receive an offer to claim a Welcome Bonus. They have developed their own trading technology, making the platform robust with plenty of key features. In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. When buying, you will get the Ask price; when selling, you will get the Bid price. The time for shorting Litecoin is probably in the rearview mirror, although the price certainly can continue to fall. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Thank you for choosing PrimeXBT. Finance minister Bhagwat. As Bitcoin bulls pause for breath, Litecoin has recently posted substantial gains, standing out from altcoin peers. Users can trade long or short to enhance earnings through rising and falling markets. You can redeem COV tokens to enable trade fee discounts on a Strategy account. Following basic security hygiene along with the measures implemented by PrimeXBT can help minimize risks. Aside from user friendliness, both platforms have incredibly high quality and high performing matching and trading engines with the order functionality and execution of a professional grade exchange. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. This means if a position starts to move against the trader, it can eat into the entire account balance to prevent liquidation. Overnight Financing is the borrowing cost for using PrimeXBT assets for leveraged trades and is charged at 00:00 UTC for any position that is carried into a new Trading day.

Claim Free NFT Certificate

We strongly recommend enabling 2FA on your email account. This bonus is way better than the $200 bonus as it offers you the opportunity to earn a higher bonus depending on your initial deposit. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. For instance, if Ethereum’s price hits $354. However, interestingly, you cannot access lower leverage while still using cross margin. To take advantage of and claim the Welcome Bonus offer. Many trading platforms offer paper trading accounts that allow you to trade with fake money. Chart candles on PrimeXBT reflect the Bid price of an asset. When it comes to KYC, ProBit has two levels. There have been infrequent cases where top performing strategies suddenly drop and liquidate all invested funds. Yes, mirror trading is legal and is regulated by most international financial authorities including the UK’s FCA. The predictions are derived from both fundamental and technical analysis, which enables them to offer valuable insight into potential market developments.

Collect Your Rewards

Traders can also earn themselves free starting capital with risk free weekly trading competitions through PrimeXBT Contests. Fees vary depending on purchase type. Unfortunately, when PrimeXBT users have tried to exercise this right, they’ve been met with frustration. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform. It offers great trading conditions and a lot of opportunities to earn from cryptocurrencies. Here’s a look at the pros and cons of using this feature. Devexperts made several more tweaks. Make sure that the selected amount to deposit in your PrimeXBT account matches the amount reflected in your local payment system. 🔟 Once the details of your card are specified, click ‘Continue’ to place the order. 10% of the total exposure of your trade, which is £400. With its focus on crypto futures and CFDs, PrimeXBT has become a leading choice for traders looking to delve into the world of leveraged crypto trading. KYC required for all account levels. The coin has several experts jumping in to make Litecoin predictions about its price, as the volatility in the coin’s utility makes it an attractive investment. Stellar is decentralized and isn’t controlled by any third party, despite the involvement of the Stellar Foundation. These products are not suitable for all investors. PrimeXBT offers leverage of up to 1:200 for specific trading pairs, which means traders can control a position size up to 200 times their invested capital. Twitter: aylerTBMLinkedin. In that case, the trader will incur a loss. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. What you should know about high risk investmentsRead more. If you have a highly leveraged day trade and it happens to be live at 00:00 UTC, even if it’s been on for just 5 minutes, it may literally wipe you out on financing fees alone.