PrimeXBT No Deposit Bonus

These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. 80 for using the BNB Smart Chain BEP20 Prime XBT Fees network, whereas Binance charges 0. As a decentralized exchange, PancakeSwap will never ask you find more information for personal details and there’s no KYC necessary. Additionally, because of its low fees and fast speeds, Dogecoin is often used to move money and capital from one Cryptocurrency exchange to another. When you receive BTC this way, you can either keep it, trade it, or convert it to cash for use for bills or other things. 01 for crypto futures 😀 props for keeping them at such low rates, and not only for crypto, spreads for fx majors are good also. That’s where the differences end, though, as both Commodities’ prices are directly affected by the value of the United States dollar, supply and demand, geopolitics, and even extreme weather. The earn feature is powered by DeFi protocol Covesting, which makes it possible for users to stake their assets for attractive APYs. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. These are professionally done and well presented. Mandiri 144 0031 8882 06.

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Primexbt seemed to me, as the absolute legit option for crypto trading, They`re backed up by some regulations licenses and have their own compensation fund. Some of the most important ones include. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Despite a recent monthly dip of 7. Beginners and expert traders can join without KYC or AML and profit from the platform’s financial insights. A prime example of this is the recent, highly publicized ban on crypto mixer Tornado Cash. 01% and the taker fee is 0. You are making a trade based on future price movements. 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. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. June was yet another challenging month for the Crypto market, giving credence to the old adage “sell in May and.

PrimeXBT Review 2025: Complete Exchange Overview

Learn more about Baksta’s Legal Terms. Get access to a wide range of trading, investing, and Crypto services from a single app. Only for verified users. These factors contribute to the platform’s execution efficiency, but how does it fare in terms of leverage and margin capabilities. Compensation Fund per user. You can also access over 50 markets by opening any account and mimic the trades made by some more experienced traders on the scene. Imagine you buy $1,000 worth of Bitcoin without leverage. Learn more about Baksta’s Legal Terms. But unfortunately i received bonus of only 2 referals and they say my 3rd referal have not met the condition, and when i tell them i gave u proofs they always say your referal not met condition. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. 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. It’s the total market value of all the cryptocurrencies’ circulating supply: so it’s the total value of all the coins that have been mined. You can only withdraw fiat using the same payment method you used for deposits. Commodities like gold and silver can also be traded on the PrimeXBT platform. However, you should keep in mind that if you keep your CFD position open overnight, you will be charged a small overnight funding fee. Margin trading is a great tool if you have a profitable trading system. This means you are trying to predict what a group of thousands of people will do depending on different factors. Claim up to $7,000 in Bonus. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. Der maximale Auszahlungsbetrag kann je nach dem Verifizierungsgrad des Benutzers und den Sicherheitsprotokollen der Plattform variieren. There are certain companies that allow payroll to be conducted in Bitcoin and allow for employees to opt in to receiving al, or part, of their salary in Bitcoin. Here are some of the best crypto exchanges that can replace Binance, each with its own unique features, pros, and cons. Users are responsible for understanding the operational mechanisms and risks associated with automated trading systems before use. The UI/UX for both platforms is great, and both platforms have highly rated apps, with the PrimeXBT app even winning an award for best crypto trading app.

More ways to TradeMore ways to Trade

Margin trading by extension also gives you the ability to take on more positions than you normally would, because the amount of leverage that you have via a deposit means that you can split up your portfolio into many more positions than without the ability to use leverage. During my testing, I did not face any security issues. While Bybit offers basic grid trading bots, OKX offers a far more customizable, fully automated trading bot system that anyone can use. Additionally, users can trade Crypto perpetual contracts via the Crypto Futures interface. Bitstamp is a cryptocurrency broker based in Luxembourg that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies. With the introduction of Shibarium’s Layer 2 solutions, the burning mechanism, and increased utility within decentralized platforms, the SHIB coin may experience sustained growth. Switching over to a proof of stake concept has eliminated the need for energy intensive mining. The IRS may still be able to track crypto even if you’re using a no KYC exchange. 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. Unrealized profits increase the available margin in your account, while losses reduce it. Brief Price History: IOTA peaked in 2018 at $5 per token but has since fallen into a long abyss of a downtrend. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. As the crypto world changes, PrimeXBT’s ability to keep up will be key to its success. Below is a comprehensive list of all the deposit methods available to users on the PrimeXBT trading platform. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. 01 BTC on the exchange. If it does, it will drive down the demand for Crude oil, and oil prices will be the first victim. Click Download and confirm the file download if you see a warning. Disclaimer: The content on this site should not be considered investment advice. EToro allows up to 30x leverage on major currency pairs, 20x for non major ones, and 2x for cryptocurrencies. PrimeXBT Deposit :On PrimeXBT we offer Direct Crypto deposits from your personal crypto Wallets as well as alternative Deposits via Bank/Credit card/SEPA Transfers. Below is an example of how leverage will work on the PrimeXBT platform. A Market order is an order to be executed immediately at first available market price. The company has developed its own trading terminal, called PrimeXBT, with a built in function for copying trades; and there are browser and mobile versions. So, why is this arguably the number one bitcoin margin platform. It costs more to execute a full sized EURUSD trade with PrimeXBT than with the typical STP broker. These include cryptocurrencies, commodities, stocks, and indices. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. The market is also likely to do strange things that go against your strategy and force you off your path.

Are cryptocurrencies legal?

The first solution involves idle crypto asset staking. Exchange one Crypto for another via your PrimeXBT account. Send Crypto to anyone, as long as you know their wallet address. This usually happens during the depression stage after markets have made a deep plunge. Step 6: Monitoring Contracts. However, the platform has seriously kicked it into high gear, attaining regulatory approval and a Triple A security rating. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Yes, on most platforms, you can adjust leverage levels according to your risk tolerance and strategy, subject to the platform’s limits. This contrasts with Bitcoin’s hard cap of 21 million coins. It has gained popularity for its crypto margin trading capabilities. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. After filling in the fields, click on the button to confirm registration. 🚀 Website: Dive into PrimeXBT’s core info and updates. The FSCA mandates that brokers offer quality education to beginners, and PrimeXBT has published 390+ educational articles. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. The price is already above both the MA50 and MA200. Another important factor while deciding on derivatives exchange is liquidity. During this period, XRP reached its all time high of $3. PrimeXBT Demo Account. Providing financial education to those who need it most has always been a passion of mine. Available on all browsers. The processing time for deposits varies depending on the cryptocurrency and blockchain network used. First of all, we need to recognize you as our customer, for this purpose you can contact our support team:. You will wish to deposit Bitcoin, as PrimeXBT accepts Bitcoin for deposit. This leaves Volet and Perfect Money as the alternatives.

Support

Additionally, withdrawals to a bank card come with a hefty 5% fee. Save my name, email, and website in this browser for the next time I comment. There seems to be no further plans for a future return of their trading platform. We offer a range of trading bonuses, as well as discounts on fees, on both CFD Trading and Crypto Futures trading accounts. PrimeXBT’s privacy based approach requires zero personal information, only a crypto deposit, so the capital that is deposited is all that is risked. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Log out of your present logged in account and log in once more using your ET Prime credentials to get pleasure from all member benefits. Open the downloaded file and tap Install to complete the installation. Meanwhile, Collective 2 allows experts to decide how much they want to charge for their strategies. Here are some initial impressions: Fast account setup Responsive support team Clear instructions for deposits and withdrawals All in all, it feels like a reliable place to start trading. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. However, depositing or withdrawing fiat currency will require KYC identity verification. Past performance is not a reliable indicator of future results. PrimeXBT also offers a way to activate COV token membership that boosts earnings in yield accounts by up to 2x. To take advantage of and claim the Welcome Bonus offer. The trading platform’s Global Markets and Crypto Futures Services are provided by PrimeXBT Trading Services Ltd, based in the Marshall Islands.

Restricted Jurisdictions

PrimeXBT team helped me find out details of how to use platforI’m satisfied. Leverage trading in Crypto allows you to control a larger investment position in the market by borrowing funds from a broker, essentially magnifying your buying power. These rates are typically lower than those on credit cards but vary based on the asset and brokerage. 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. Leverage uses margin available in a margin account to increase the size of a position at the time of position open. In the event of system overloads, PrimeXBT’s trading engine efficiently manages order queues to mitigate the impact of high volatility. 99% fee, not PrimeXBT. Swing trading: aims to capture short to medium term price movements within a trend. If you have any further feedback or need assistance, please don’t hesitate to reach out to us at. The calculation is different than the trade balance measurement, as it only considers the aggregate price index and ignores volume. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Though on the flip side, being an unregulated broker means you need to place a lot more trust in the company and are depositing funds at your own risk. PrimeXBT is also hosted on AWS “Amazon Web Services” which has a proven track record for security in the industry. Having analyzed the trading conditions at PrimeXBT, we came to the conclusion that the platform establishes a transparent system of commission fees for each asset class. With the help of Cryptohopper, one can invest in cryptocurrencies that the exchange offers. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. In addition, Fiat wallets allow users to deposit, withdraw, and transfer Fiat currencies. PrimeXBT does not require any KYC verification, which means you can sign up and start trading in minutes with just an email address and a password. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security.

Key Features:

It will also help you identify if you have accidentally landed on a phishing site of some sort. PrimeXBT is a South African broker with an excellent niche offering. With greater integration into diverse industries, Polygon’s influence in the Crypto market may reach new heights. It can be downloaded for both Android and iOS. These apps will allow you to place trades and monitor open positions on the go. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. It goes against our guidelines to offer incentives for reviews. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. 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.

Risk warning

Once your order is placed, you can monitor your open positions and use risk management tools like stop loss and take profit orders to manage your trades effectively. Here is what you need to be looking for in a broker in terms of safety mechanisms. Returns may be subject to tax. You paddle some more. Of course, this is a double edged sword and leverage can seriously hurt a trader’s account, appropriate risk management is a must. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. However, the length of the ongoing litigation coupled with the advances made by other cryptocurrencies has made many investors wonder whether holding XRP is worth the risk. 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. But if you want our honest opinion, you are better off using other exchanges we’ve reviewed. While hard rug pulls are always illegal, it is not always the case with soft rug pulls, which can be unethical yet not criminal. Information regarding past performance is not a reliable indicator of future performance. I have broken down the available order types on the platform below. If there’s anything else we can do to enhance your experience further, please don’t hesitate to reach out to us via live chat or email at. Indeed, the high leverage levels make it a similarly attractive proposal which will allow those users to magnify their returns on borrowed money. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. The platform is designed to handle high trading volumes and maintain seamless operation even during peak market activity. Though on the flip side, being an unregulated broker means you need to place a lot more trust in the company and are depositing funds at your own risk. However, it is worth noting that this has happened before, only to see the market make even higher levels once the dust settles and we are likely seeing that happen right now. Both platforms offer robust support, but their approaches to education and customer assistance may influence your choice. While some may be tempted to use a VPN to get around this seeing as the platform doesn’t enforce mandatory KYC, MEXC is clear that any users who break its terms and conditions for using their platform may have their account suspended and access to their funds revoked.

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PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. This may involve a robust identity verification process. When choosing a trader, it’s easy to make the mistake of focusing too much on a trader’s performance. Though on the flip side, being an unregulated broker means you need to place a lot more trust in the company and are depositing funds at your own risk. Although new in the crypto industry, this is an exchange recommended for those who prefer to remain anonymous KYC free when trading cryptos. A number of cryptocurrencies, including BTC, ETH, USDT, and USDC, are accepted by traders for deposits. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. 35% Deposit Welcome Bonus – Offer is about to expire, get it now: Sign Up Here. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Here are some of the most important pros and cons of margin trading. For this reason, I will not be focusing on the general areas of PrimeXBT, but rather honing in on aspects such as its futures, PrimeXBT copy trading, and other factors such as margin trading. For example, if you deposited with Volet, you must also withdraw using Volet. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Please enter the desired amount that you would like to transfer. Some products and/or services might not be covered by the Compensation Fund. Anyone can write a Trustpilot review. Using an isolated margin is great for reducing risk, but simultaneously, it also prevents you from accessing the full x200 leverage. We personally contact support using all available methods and present hypothetical problems that users might face. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. If you click on links we provide, we may receive compensation. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. Tax offices around the world are cracking down on investors they believe may be avoiding crypto taxes, with dedicated operations to match wallet addresses with identities. This is better than the other futures exchanges such as BitMEX for example. 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.

JonathanCortez99

High performance also spills over into protection. In the event of system overloads, PrimeXBT’s trading engine efficiently manages order queues to mitigate the impact of high volatility. Public collection title. Since PrimeXBT is solely a derivatives trading platform and does not offer spot trading, it has not been reviewed by many of the trusted ranking websites we typically rely on. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. It’s important to review these rules before activating a promo code to ensure you understand how the benefits will be applied and any restrictions that may apply. Users can earn up to 14% on their crypto deposits for Ethereum, USDT and USDC. COV staking on PrimeXBT offers benefits for users who participate in the Covesting modules: followers of copy trading strategies, strategy managers, and users of the PrimeXBT Yield accounts. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. The speed and responsiveness are truly remarkable. At the time of writing, customers can only withdraw cryptocurrencies; there is no fiat off ramp available for fiat to bank withdrawals.

Follow Us

At PrimeXBT, we’re committed to giving you quick access to multiple markets. By leveraging capital, traders amplify both potential benefits and risks, making leverage a double edged sword. 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. By using this site, you agree to our full disclaimer and terms of use. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. It’s great to know that our efforts to reward our users are making a positive impact. Apart from spot trading, Mexc offers futures contracts for Ethereum with adjustable leverage of up to 1:200 and reasonable maker/taker fees of 0. For instance, after the 2017 2018 bull run, XRP’s price remained below $0. To boost trading volumes, traders are able to trade directly from the watchlist, dashboard, and chart. Moreover, this promotional offer is only valid on the first deposit.

Worse

One negative is that you can’t trade cross pair futures. At PrimeXBT, we protect your account by liquidating whatever is necessary before losses overwhelm you. There have been no reported hacks or security breaches in the exchange’s history. Risk Disclosure Statement. The platform also supports copy trading, allowing users to automatically copy and execute the trades of successful traders. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. Reply from PrimeXBT Copy Trading. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Fees which traders should take into consideration are. Free resources like guides, articles and webinars have been really handy they enabled me to learn more about trading techniques. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. A usual trader will trade like 10 15 pairs max, and some people trade even like 2 3, and some even specialize on 1. Another key feature is the seamless fiat to crypto conversion, allowing users to easily buy crypto using the Canadian dollar CAD. This comprehensive guide will provide detailed insights on how to make a profit on PrimeXBT effectively. Akses fungsi perdagangan penuh dengan aplikasi Android PrimeXBT. By understanding the different leverage options and their implications, traders can choose the appropriate leverage for their specific trading goals and risk management strategies.

Equal

Many platforms either integrate directly with tools like TradingView or provide API access that can be used to integrate your account with external charting tools, enhancing your analysis and trading strategies. Copyright © 2020 by Norbrook Equity Partners. Of course, as with any investment, there are risks, but with the right strategies and a careful attitude, this method can be profitable. Benefit from spreads as low as 0. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Unfortunately, algorithmic trading is unavailable. Users can open accounts, deposit crypto, and start trading with just an email address. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. It is used primarily for cross border settlements, and is known for fast transactions, and could disrupt Swift bank transfers, Western Union, and more. Com accepts the following forms of payment. June was yet another challenging month for the Crypto market, giving credence to the old adage “sell in May and. For instance, 10x leverage allows for even more significant gains compared to 5x leverage.