◾️What is the minimum and maximum investment per trade?

The broker is heavily focused on crypto services, offering an extensive range of cryptocurrencies but a limited selection of other instruments. This marks a notable achievement as WEMIX’s inaugural venture into the European market, emphasizing the token’s role in facilitating a range of blockchain based activities, from gaming transactions to decentralized finance DeFi applications. My experience with PrimeXBT’s customer support was mixed. Referral earnings can be tracked through the referral dashboard on the PrimeXBT platform. 5% float rate and 1% network fee. The deposit duration depends on network confirmation but keep in mind that PrimeXBT processes all withdrawals only once a day, between 12:00 and 14:00 UTC so it will probably take longer than a normal BTC transaction. PrimeXBT is a leader in the crypto trading world for its low fees and clear pricing. PrimeXBT is an acceptable choice for day traders. To install and use the PrimeXBT iOS App on Apple devices, the following system requirements should be considered. You can reset your account password using the Password recovery feature. There is a range of product offerings available on MEXC, including spot and P2P trading, futures trading, leveraged ETFs, and savings products to help you easily earn passive income from crypto. More information on the fee and trading conditions can be found here. EAs can be customized to suit specific trading strategies, including scalping, day trading, and swing trading. This minimized my losses and still only cost 0. Its flexibility, security features, and broad integration across various blockchains contribute to its leading role in the oracle space. It’s imperative to conduct thorough research, understand the inherent risks involved, and only invest capital you can afford to lose. For those traders who are more technical, they may prefer a broader range of order types and functionality. 0 standard lot buy/sell position in the EUR/USD, at the average spread and holding it for one night in the PrimeXBT account will cost the following.

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PrimeXBT Affiliate Program

No KYC needed to sign up on PrimeXBT. PrimeXBT does not charge a handling fee for deposits; however, third party processing fees may apply, depending on the chosen payment method. Its intuitiveness and simplicity provided a pleasant trading experience. It also provides a breakdown of individual crypto and US dollar balances. Thanks to Bybit’s extraordinary efforts, they recently hit the 10 million user mark and have solidified themselves in the top ten crypto exchanges in terms of trading volume and are growing rapidly. 78 billion ADA in circulation. Unlimited for verified users. Make sure to check all email folders such as Spam/Promotions/Notifications/Updates/etc. With cross margin trading though, there are essentially no margin requirements, your entire balance and realised P/L can be used to keep a highly leveraged position open. Below are a few more things to consider. Bybit has done a pretty good job here, offering early access to NFTs from popular creators. However, you cannot withdraw or transfer this amount but only use it to trade on the platform. Receive the latest news and stay informed. To install and use the PrimeXBT iOS App on Apple devices, the following system requirements should be considered. But the transparency of this process raises questions. For example, with $1,000 cash in a PrimeXBT account, you can trade 1,000 times that amount in certain markets. The ‘Messages’ widget contains all system messages with a detailed explanation of why an order was rejected. Join the top earning club. Bybit is a respected crypto exchange with a good selection of features, competitive fees, and many digital assets. PrimeXBT operates three entities. Nothing so far, I like the functionalities of the software and it is easy to navigate. LinkedIn’de yeni misiniz. Being able to access tokens early while they are at pre public sale prices can often lead to lucrative gains, but these projects also come with higher risk as they are brand new and highly speculative.

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Excellent terms and platform

While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. It does not display the actual or predicted returns or yields in any fiat currency. Traditional assets like commodities, stock indices, and forex currencies are also available to trade with leverage. Scan this code to download app. If you’re new to trading, the PrimeXBT bonus can be a welcome boost to help you get used to trading quickly and efficiently, while potentially maximizing your gains. PrimeXBT also has trading limits. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Because of this, once the margin isn’t enough to cover the credit risks, PrimeXBT will close the position automatically to protect your account. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. Not the marine mammal, but crypto whales – i. 49% against Ethereum and down 26. Learning is key at PrimeXBT. Slippage can occur for a number of reasons. Copytrading is an opportunity to automatically copy trades of experienced traders to your trading account. Scan https://tradingprimexbt.com/verification/ this code to download app. Lately, I hear more often that someone is trading on this platform or opened trading account. This is PrimeXBT’s biggest weakness. This sponsorship does not influence our analysis or opinions. Other strategies like Options Trading and Pairs Trading leverage market discrepancies and correlations to minimize risk and maximize potential gains. For more detailed information, it’s recommended to visit their official website or their Help Center. PrimeXBT’s partnership programs offer some of the most competitive financial rewards in the industry. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Information regarding past performance is not a reliable indicator of future performance.

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How to Install the APK

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. There are too many instruments and markets for one person to trade them all, it makes sense to share the workload and profit from traders trading separate instruments to yourself. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Reply from PrimeXBT Copy Trading. If there is a case where a trader exhausts their equity and the value of their account falls below a certain level, they will get what is termed a “Margin Call”. Spot BTC ETFs track the price of Bitcoin but don’t require the buyer to hold the actual Bitcoin token. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network.

150+

This is also called a lack of a trend. With the help of these platforms, anyone can invest in typically illiquid assets and earn money from rental payments or profits. Easily buy Crypto with Visa or Mastercard. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. PrimeXBT, on the other hand, charges overnight funding fees for holding leveraged positions. When using live chat, I usually received a response within 2 minutes. You are doing so on the basis of your own enquiry, without solicitation or inducement by PrimeXBT;• Consumer protections under UK regulations do not apply to services provided by PrimeXBT because it is not regulated in the UK and provides services from outside the UK;• You have read our Risk Disclosure and have the necessary knowledge and experience to understand the risks involved. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. Trading indices can offer insights into the overall direction of the markets and help you develop a more diverse investment strategy. PrimeXBT charged me a withdrawal fee of 0. One of the key areas of focus is security. DigitalCoinPrice projects XLM to sell at an average of $2. 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. Dogecoin is something that you need to be very careful with. 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. PrimeXBT has published over 350 educational articles on its website, which are free to access. Asset coverage is one of the more impressive aspects of the PrimeXBT trading platform. The absence of third party materials, such as those provided by Trading Central or Autochartist, limits the broader market perspective available to clients. The platform can be a profitable tool for buying and selling cryptocurrencies, as well as for fast cryptocurrency exchanges. Although it is still very speculative and questionable whether Cardano will ever achieve a price of $100, its core technology and collaborations support its expansion potential. Register and join our community with millions of traders from all around the world. The PrimeXBT affiliate program offers individuals the opportunity to earn additional income by promoting PrimeXBT to their audience. Not only do they offer some of the best crypto signals, but their most affordable subscription is much cheaper than the competition, just $42 a month as referenced on sourceforge.

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Biqs will never ask you for your personal details, and there are very few limits in place for trades. With a primary focus on cryptocurrencies, PrimeXBT offers a variety of deposit and withdrawal methods. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. For example, PrimeXBT and eToro each let users copy the trades of more skilled traders. How developers code is here. Thanks to Bybit’s extraordinary efforts, they recently hit the 10 million user mark and have solidified themselves in the top ten crypto exchanges in terms of trading volume and are growing rapidly. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 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. The entire turbo trading platform is available for mobile devices, regardless of whether it is Apple or Android. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

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PrimeXBT promo codes can be acquired through several methods. The holiday bonus kickstarts what is sure to be another standout year. PrimeXBT Trading Services, S. Active users across the world. Use of Scripts and Expert Advisors: Expert Advisors, programs, or scripts demonstrated within the website are for educational and demonstration purposes. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. Stop orders can be used to limit losses or lock in profits. Unlimited via Perfect Money.

PrimeXBT Review

For tax purposes, the Canada Revenue Agency CRA treats cryptocurrency as a commodity. I like combination of CFD trading and crypto futures trading. But how does it compare to other platforms in the market. To activate a promo code, navigate to the ‘Hub’ section in your PrimeXBT account and select the ‘Promo code’ sub section. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. Information regarding past performance is not a reliable indicator of future performance. I opened an FX and CFD account with the PrimeXBT Trading Services Ltd entity and performed my tests on the web and mobile versions of the broker’s proprietary platform. It also enables profits in both directions of the market, rather than only being able to generate returns when asset prices are rising. At the current price of Ethereum, you would basically be a millionaire with 1,027,340 in your wallet or account. Price Spread or Bid Ask spread is the difference between the Bid and the Ask price of an asset. Its advanced charting tools, quick execution times, and intuitive interface are well known features of the platform. This is not something that we have seen on other charting packages developed by an exchange. Forex brokers acts very much like CFD brokers, with the exception that they do not offer other instruments. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. Information regarding past performance is not a reliable indicator of future performance. Com, is a beginner friendly exchange where you can buy and sell crypto with fiat USD or your local currency. This bonus helps traders minimize the cost of holding positions and executing trades, potentially increasing their overall profitability. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. 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. PrimeXBT has never suffered a hack or security breach during its operational history. PrimeXBT has an excellent charting interface which comes with sufficient indicators to help traders with optimum technical analysis. The platform offers a plethora of technical indicators, as well as several different charting styles. This is a multi faceted platform that not only functions in the crypto space, but also allows people to trade traditional assets, such as stocks, forex, and commodities. Promo codes are equally available. To maximize rewards, you should motivate your referrals to invite more people to join the network. ” It will come down to adoption, as is the case with any crypto project. For additional inquiries, you can contact their team at. By inviting friends or family members to join the platform, you can earn a percentage of their trading fees, providing a steady bonus to boost your trading capital. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x.

Updated Dec 12th, 2024

For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. PrimeXBT complies with five regulators. While it offers the potential for amplified profits, it also comes with heightened risks, such as higher interest rates on borrowed funds. I determined that PrimeXBT is reasonably safe to trade with due to the following factors. It also provides a breakdown of individual crypto and US dollar balances. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Remember, margin trading is not suitable for everyone. PrimeXBT is a multi award winning fintech company established in 2018, which offers a cryptocurrency, forex, indexes and commodities synthetic. Essentially, it enables users to browse and instantly copy their trading behavior through hundreds of trading strategies offered by the other traders, achieving the same returns as the leading traders on the platform.