PrimeXBT Telegram Bot

PrimeXBT is a Bitcoin based margin trading platform. Via the Fees and Conditions page, users can view trading fees across the Global Markets, Crypto Futures, and Copy Trading products. Note that if you don’t already own this cryptocurrency you’ll either have to deposit in it your wallet or head to the Global Markets page to buy it. The broker ranks providers so clients can find a trader that matches their risk tolerance and trading style. One of the core advantages of Uniswap is that it does not collect or store user data. 😊Best regards,The PrimeXBT Team. Each method comes with its own set of advantages and limitations. The fee is charged on an annualized rate that can be anywhere from a fraction of a percent to more than 100% of the value of the short trade. As you embark on your trading journey with PrimeXBT, explore the various benefits and bonuses available to enhance your overall experience. PrimeXBT offers margin trading with leverage up to 100x, which is attractive for traders looking to maximize their returns. Trading involves risk. The asset class first began with Bitcoin back in 2008 during the Great Recession. Here is a look at the margin requirements for some of the 51 forex pairs available. They usually send withdrawals back to where they came from, unless there’s a good reason not to. Since trading AI Artificial intelligence bots differ in risk levels, success rates, and how well they handle different market conditions, it’s important to choose the right one for your trading style. Dear Rafael,We’re glad to FAQ about PrimeXBT trading hear that your onboarding experience with PrimeXBT was seamless. These can be swapped for 350+ crypto assets through the spot, margin, and derivatives markets via 500 trading pairs. It’s great that you’re using strategic plays and leveraging the competitions to refine your skills and make profits. Instead, they expect Dogecoin to struggle to stay above $0. For instance, funding fees for BTC on Binance and Bybit were both 0. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. PrimeXBT operates under a regulatory framework that includes anti money laundering AML laws, know your customer KYC requirements, and data protection regulations. In order to do this, you will need to provide them with an email and password. Bitcoin’s price movement can carry either gains or losses for an investor. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. This system, popular on platforms like eToro and Avatrade, benefits both inexperienced traders, who can learn from experts, and experienced traders, who can earn additional revenue.

About us

Dieser Bonus soll das Handelskapital erhöhen, kann jedoch wie andere Boni auf der Plattform nicht abgehoben werden und darf nur als Sicherheit für den Handel verwendet werden. Cryptocurrency trading is something anyone can do, with just a little starting capital, time, and effort. There are a number of different strategies to use that will promise either higher gains, or less work, and more manageable risk, but it is important for a trader to decide on what they want out of Day Trading first. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 63 at the time, the price of Doge reached its own all time high at the time of $0. It takes just a few minutes to get started. Information regarding past performance is not a reliable indicator of future performance. Returns or profits may be subject to capital gains tax. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. Hun, never expected to write it, but broker`s support really repliees😅 My question was about their spreads on crypto futures, I got really surprised by instant human answer😯 Exaustively. The price is also affected by the community sharing info and making collective moves on the Crypto on occasion. Instead, DOGE dropped to its minimum average price below $0. Dogecoin almost reached it recently, reaching its maximum price of 75 cents per DOGE.

Is Cardano a Good Investment? Should You Invest in ADA?

Some indices are set up as ETFs, which can be freely traded on a stock exchange, just like regular shares. The calculation for the necessary margin is done in real time, meaning that it will keep your account from going negative. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. 🌟 Join the PrimeXBT affiliate program today. In short, margin accounts offer more flexibility. Calculating your profit from the trade works very much in the same way it did when you traded Apple. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Bisq is a decentralized Bitcoin exchange network, that allows peer to peer trading using unique, open source software that connects users who want to trade. Brand operating since. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Upon joining a contest, you will be provided with a free pre funded contest account. Leveraged positions can be extraordinarily profitable, or can be extraordinarily damaging, if not managed properly.

FAQs PrimeXBT App

PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Profit from the markets by following the experts. My experience with PrimeXBT have been quite good. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U. Here’s how to make an informed decision. However, financing costs are more often than not an issue only if something wrong has happened with the trade. Other competitive advantages offered at PrimeXBT include 24/7 live customer support, personalized service with dedicated account managers, the ability to access both traditional and crypto markets from a single account, the highest level of asset protection, a free smartphone app, and more. Uptrends are characterized by higher highs and higher lows, while downtrends form with consecutive lower lows and lower highs. Withdrawal Crypto and fiat. BTC and ETH require a minimum of 0. Let’s find out in the next section. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. Dogecoin is something that you need to be very careful with. Additionally, you can choose to receive email notifications for logins and liquidations. 01 BTC of my personal funds Margin to trade with 1 BTC. 37, and the highest price at $110. While it does have some limitations, its unique offerings and strong performance make it a worthwhile consideration for seasoned traders seeking more. Despite the delay in the verification, this is an excellent service providedbr that anyone can deal with. In essence, what seemed like a profitable trade ended up in a loss due to these unexpected charges. While PrimeXBT receives a lot of praises, there are a few areas where users have expressed concerns or suggested enhancements.

How to Cancel a Withdrawal on PrimeXBT

Com, and we’ll be happy to assist you in resolving this issue quickly. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. To maximize your trading experience on PrimeXBT, leverage advanced trading features, manage risk effectively, stay informed about market trends, use technical analysis tools, and continuously educate yourself about trading strategies and market dynamics. A long position is an entry expecting the price of an asset to go up. PrimeXBT gets high ratings on sites like G2, Trustpilot, and Reddit, averaging 4–4. Whether you are a trend following trader, day trader, or HODLer, PrimeXBT’s trading platform allows you to seamlessly execute your trading ideas with extremely low fees. PrimeXBT allows traders to trade up to 100 times larger than your initial deposit for the position, increasing the ability to profit. When selecting between PrimeXBT and BitMEX, consider the type of support and resources that best meet your needs. Here are 8 tips for writing great reviews. Each of the other cryptocurrencies Bitcoin available in the ecosystem presents a new and exciting market for traders to be a part of. The trouble comes from not understanding or taking care of the risks involved. Brand operating since. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. However, there are some regions where PrimeXBT does not accept users, including. The following data may be collected but it is not linked to your identity. The cryptocurrency market is large. Zengo’s 3 Factor authentication process ensures that 1 no one but you can control your crypto, and 2 your wallet is backed up, so even if you lose your phone, you can recover your crypto through a simple 2 step verification process. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. Withdrawal: It is possible to withdraw funds once the required volume of trading has been completed. Date of experience: November 09, 2024. This table provides a quick reference to the key steps in changing leverage on PrimeXBT, their descriptions, and their importance. At least from the longer term point of view. That’s why we offer some of the lowest fees on the market. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities. Exciting innovation lies ahead in this new era. Each unverified account has a 24 hour withdrawal limit of $20,000 or equivalent. This review will explore what makes PrimeXBT great, like its wide range of financial tools and easy to use interface. Our human support team is here to help 24/7, in your language.

Fees

I know I’ll receive ridicule but Im grasping at straws here. Profit from the markets by following the experts. Kraken and Coinbase are two notable examples, as they have obtained approval from regulators like FinCEN US, FCA UK, ADGM Abu Dhabi, and AUSTRAC Australia. We’re glad to hear that you’ve had a positive experience with PrimeXBT, especially in terms of order execution and trading features. There are no fees for cryptocurrency deposits, but some fees may apply for fiat currency deposits depending on the method used. To activate a promo code on PrimeXBT, log into your account and either go to the ‘Hub’ section and enter the code under ‘Promo code’, or use the ‘Margin’ page. If you are a cautious trader, you might want to choose an order type that will enable you to limit losses. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. Financial markets are broken up between different asset classes, such as Crypto, stock indices, commodities, and forex. So, how do these distinct elements collectively shape the trading experience on PrimeXBT. Margin trading or investing is all about balance. Returns or profits may be subject to capital gains tax. Receive the latest news and stay informed. The reward system to drive stake pools and community adoption started as well. Cryptocurrency derivatives are being traded since 2018. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. 05% per trade for cryptocurrency transactions. The information on this website is for educational purposes only, and investing carries risks. These services are governed by the legal terms and conditions of PXBT. Ryoshi, incredibly in some people’s view, states that they has never owned $SHIB. In the next section, we will provide detailed information about the number of PrimeXBT users and their geographical distribution. Our traders are already comfortable and familiar with user facing protections, such as compulsory address whitelisting, two factor authentication, and more.

Download the APK:

Let’s start by exploring the trading fees on PrimeXBT. Before placing your Bitcoin trade, it’s important to decide how you want to trade Bitcoin. Click Download and confirm the file download if you see a warning. These include cryptocurrencies, commodities, stocks, and indices. Maximize Profits: The increased leverage from the bonus can amplify your gains, provided you manage risks carefully. Innovation comes when products and services provide unique solutions to existing problems. You can deposit with Binance Pay, it is so crypto focused, great. Cryptocurrency early adopters and developers have been on the forefront of technological advances, so it make sense that eventually they would provide a solution that marries both the decentralised ethos of cryptocurrencies and the imperative for robust KYC policies.

What leverage ratio is best in Cryptocurrency trading?

Suite 1, Second floor, Sound and Vision house. 001 BTC to be eligible for this promotional offer. Even while Cardano doesn’t have the same direct utility for exchanges, it concentrates on offering a strong blockchain platform for diverse use cases. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Cryptocurrency exchange PrimeXBT is a multifunctional platform for trading cryptocurrency. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. I got to have a safety bag, so to speak, in the form of global markets likes some commodities or indices. Unlimited for verified users. All in all, PrimeXBT appears to be a very well rounded trading platform. Com, which the website earns in the form of advertising payments. I have Coinbase, so I can trade crypto, but I can only put on a long position. This comparison highlights the differences and similarities to help traders choose the most suitable platform for their needs. Besides my profit, the exchange charged an extra £29 in fees. PrimeXBT shines in a crypto exchange comparison for many reasons. Once a customer has decided which trader they would like to follow, they will need to make sure the funds they want to copy trade with are in their main wallet, not the trading wallet. Paxos’ itBit Exchange is regulated by the New York Department of Financial Services and provides maker rebates and low fees for a range of cryptocurrencies. Strategy managers on PrimeXBT’s Covesting platform provide transparent performance statistics, including. 2 of PrimeXBT’s Terms and Conditions. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Here’s a step by step guide to help you activate them. Solana’s blockchain is designed to use a unique combination of technologies to achieve its high speed and scalability goals. It shows this by sticking to KYC procedures and AML standards. As a derivatives trading platform, PrimeXBT does not offer any spot markets. Receive the latest news and stay informed. Verklaring inzake de openbaarmaking van Risico’s. You slowly end up losing money. It allows regular crypto traders to essentially automate their success by automatically copying the real time trades of proven professionals. USOIL is on a strong decline following the January 08 high, below both the MA50/200.

Restricted Jurisdictions

Scammers often target crypto users through phishing schemes or fraudulent websites. Then, go through the terms and conditions, and privacy policy before accepting. The mobile app is ideal for staying conveniently connected to the markets anytime, anywhere. We’re thrilled to hear that you feel confident in the transparency and security of PrimeXBT. Yes, the PrimeXBT App allows you to trade various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and other popular assets. However, depositing fiat currency requires KYC verification. Games load quickly even on cellular data connections. While it can amplify your profits, it can also significantly magnify your losses. Stop Loss and Take Profit protective orders can be added to a Limit, Market or Stop order as well as any open position. This minimized my losses and still only cost 0. A Bitcoin wallet is a digital storage for your digital coins and can either be a software wallet, or a hardware wallet with a software wallet being a more viable solution to keep you investing in Bitcoin and other cryptocurrencies. In my opinion, this platform is gaining popularity in the crypto trading community. Do you need special creatives or an article in your native language. Date of experience: August 24, 2024. 10% for makers, with a flat transaction fee between $0. Scan this code to download app. The platform offers multiple channels for customer support, ensuring that users can get the help they need quickly and efficiently. However, Ethereum was different from the others as it wasn’t just built for payments but could be considered a supercomputer that allows for smart contracts to be utilized. Scalability is one of the most significant areas of work in the Ethereum world. Market stability: ETFs can help stabilise the market by providing a steady influx of institutional funds. The copy trading module on PrimeXBT is extremely user friendly, filled with a wide range of information about potential individuals and bots to copy from.

Trading Bots

According to their withdrawal page, “PrimeXBT reserves the right to manually review a withdrawal request before it’s approved if it exceeds a specific amount or triggers a suspicious activity alert”. Just click on ‘Withdraw’ next to your desired Crypto under the ‘Wallets’ section on the Accounts dashboard. In this case, if your TP/Limit buy order was NOT executed, this means that the ASK price of the asset has NOT reached the price specified in your order. The margin for trading has a much smaller amount of interest attached to it than something like a credit card, but it is still something that you need to pay attention to if you are hanging on to a position for longer term moves. I have been using the contest accounts for 3 months now and I believe it’s time for me to leave this PrimeXBT review here. Affiliates can earn up to $2,500 CPA per qualified client they refer, from deposits as low as $1. This is also why the Covesting platform leverages the Ethereum blockchain; to make all gains from copy trading transparent and publicly verifiable. These minimum amounts are adaptable and may vary in response to changing network conditions and market fluctuations, ensuring efficiency and practicality in all transactions. Can’t find what you’re looking for. Anyone can view, post, and comment to this community. Let’s take a closer look at what PrimeXBT offers to help traders get the most out of their trading experience. Namibians can easily register a demo account to explore PrimeXBT’s offering. In order to do this, you will need to provide them with an email and password. Additionally, you cannot set stop losses and take profits directly from the order form. Now this bonus is exclusive. Companies can ask for reviews via automatic invitations. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. The more money you invest, the more potential return on investment. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. Benefits include up to 100% discounts on membership fees and up to 30% off trading fees.

4 8

Like most exchanges and financial sites these days, PrimeXBT has full SSL encryption. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. At the moment, an API interface is not available. PrimeXBT provides Copy Trading Services for the aforementioned products through its Trading Platform, using Proprietary Technology from Covesting International Limited, registered in Gibraltar No. Quite frankly, short term debts will probably attract accumulation, as longer term believers will try to pick up “cheap coins. The complex interface is unsuitable for inexperienced traders. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. The reason to trade via leverage is to increase profit potential. These PrimeXBT deals often begin in the weeks right before Black Friday, remain active through the shopping weekend and until Cyber Monday. If this money isn’t in your account, then your other opened leveraged trades will be closed until enough margin is freed up. Plus, OKX has a fund to reimburse users if something goes wrong. Since its founding, PrimeXBT has grown substantially and now serves clients in over 150 countries and is a well known and respected exchange for providing clients with access to top tier liquidity and robust trading tools. ByGrace AshiruNovember 17, 2024, 9:42 pm. PrimeXBT Trading Services, S. To generate an account statement, select the required Margin trading account, enter the desired statement timeframe and click ‘Statement’. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Select Accept to consent or Reject to decline non essential cookies for this use. With PrimeXBT, there is no need to switch between forex and crypto trading applications, as all instruments are available within a single interface. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. You need to have enough funds in your crypto trading account to cover the margin amount, and also some additional funds that form a buffer in case the leveraged trade starts to go against you. PrimeXBT also makes use of the liquidity provided by larger exchanges and market makers in the industry. The best way to store cryptocurrency is always the safest method, and in this case it is more often than not through an offline storage device referred to as cold storage. Our user friendly platform features advanced charts and tools, to help you make informed trading decisions.

Most Secure Wallets To Start With

001 BTC or 100,000 Satoshis. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. If you’re interested in trading other cryptocurrencies on PrimeXBT, here’s a list of the other supported coins. So, are these withdrawal fees worth it. PrimeXBT places a strong emphasis on security, implementing multiple layers of protection to safeguard users’ funds and data. That being said, Ethereum, and the crypto market at large, have shown themselves to have a high correlation with risk appetite assets such as stocks and some futures markets. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. An alternative strategy to trading Bitcoin is hedging. It’s crucial to review these conditions before applying a promo code to ensure that you are eligible and can fully benefit from the promotion. The trading platform is ctuting edge and there are a lot of advanced features available for efficient trading. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. However, insurance coverage is still rare within the crypto industry. Contests: Account holders can win enticing prices via the Contests page. 00 before it finally found support. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. Single accounts only: The lack of account options means you’re stuck with a single live account, limiting customization. 05%, while there is zero commission for forex, indices, or commodities. Cyber criminals are utilizing advanced techniques in order to scam crypto investors and traders or gain unauthorized access to sensitive accounts, personal information, and more. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. The ADA coin value has tended to track the cryptocurrency market, rising in the late 2017 and early 2021 rallies, and losing value during broader sell offs. Attend exclusive PrimeXBT events, network with other clients and learn new skills. Chart candles on PrimeXBT reflect the Bid price of an asset. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. Your trading plan will also allow you to employ market analytics tools. You can also set stop and limit orders to protect you from taking a huge risk. These services are governed by the legal terms and conditions of PXBT. If you have any further questions or require assistance, please don’t hesitate to reach out to us.

Start Copying Now!

I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. If the credibility of the industry as a whole is further boosted we could see smart contracts become mainstream or crypto ATMs on every corner, not only in the biggest cities of the world. ❕ 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. 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. Complaints Handling Procedure. You should use the type of trading that best fits your goals, strategy and knowledge level. As 2023 comes to a close, with never ending uncertainty in Cryptocurrency markets, users and analysts continue looking into Dogecoin historical data, to determine possible factors that may be affecting its price in 2023. The Ethereum Merge is one of those events which everyone is talking about. The trading platform is ctuting edge and there are a lot of advanced features available for efficient trading. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. Depending on the market conditions, it can be a substantial difference.

Worse

Copy trading sounds fantastic – you automatically replicate the trades of professional traders without much work and get to enjoy the trading results. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Crypto markets are heated as the US elections end. Given that the crypto market is highly volatile, it is most likely that the price will fall after a given time. It may take several for PrimeXBT to review and notify you about your application status. It’s all about giving users tools and chances to make their trading better. PrimeXBT supports multiple languages, including English, Spanish, German, Mandarin, Japanese, and Arabic, among others. PrimeXBT boasts an average order execution speed below 7. It’s also worth noting that PrimeXBT occasionally updates its fee structure, so staying informed about the latest rates is crucial. Date of experience: November 03, 2024. The platform can be a profitable tool for buying and selling cryptocurrencies, as well as for fast cryptocurrency exchanges. You can open long or short positions, benefiting from price movements in either direction. If you do not meet a margin call, this triggers an automatic liquidation of your position until there is enough margin left in your account to cover any credit risks. Here are some of the most profitable and proven Ripple trading strategies and how to utilize them to extract the most opportunity from markets. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. Join a world of seamless online trading at PrimeXBT, where user friendly design meets top notch security. Only for verified users. Paying close attention to your risk is the most important thing a trader can do and is especially paramount in these accounts. Just load up the WebTrader and start trading. Next, we will explore the security measures employed by PrimeXBT.