◾️Can I create a demo account for paper trading?

You can either elect to use a link with your code embedded or to give your referrals your code when they are signing up. For example, tools exist to assist traders in understanding when assets are oversold or overbought, when momentum is strong or weak, or when volatility is low or high. For example, if you have a deposit bonus and a fee reduction bonus active at the same time, you may need to choose which one to activate, as they cannot both be used on the same trade or deposit​. 5 million USD in funding. We offer fast and secure Crypto withdrawals. The current maximum Dogecoin supply consists of 126,480,303,952 DOGE tokes. BitSeven’s extensive educational resources and webinars provide additional learning opportunities for traders looking to expand their knowledge and skills. PrimeXBT Trading Services, S. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. One effective approach is to optimize the number and size of trades. A cryptocurrency exchange can typically send cryptocurrency to a user’s personal cryptocurrency wallet. I also found the platform intuitive and feature rich, offering a massive assortment of analytical tools and chart configurations. How they did this is also interesting. Restricted JurisdictionsPrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. However, the broker does not provide comprehensive market research, and some of its spreads exceed the industry average. The required margin is different for each trade, so make sure your account is appropriately funded. We work hard to offer you valuable information about all of the brokers that we review. Forex brokers acts very much like CFD brokers, with the exception that they do not offer other instruments. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. PrimeXBT aims to provide a one stop shop for trading. Looking to buy Bitcoin and other popular Cryptocurrencies hassle free. Prime XBT Promo Code 50% : TOPTRADING. Information on the TradersUnion. PrimeXBT has several addresses where you can write to for various issues: legal settlement, partnership, technical support. Traders should exercise caution and have a thorough understanding of the risks involved in leveraged trading. The fund will only be used for a judgment that has been issued by the Financial Commission. In this blog, Download PrimeXBT for Android we will explain how the PrimeXBT platform helps investors turbocharge their SandP 500 investment portfolios with a wide variety of leveraged trading options. This minimized my losses and still only cost 0. Due to increased regulatory pressures, these platforms must adopt comprehensive KYC processes. In January 2014, Dogecoin embarked on a price rollercoaster, commencing the month at $0.

Related Posts

Setting up payments on PrimeXBT is straightforward, but it requires a clear understanding of the available options and the steps involved. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Dear Nashit,Thank you for your feedback. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. 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. Conversely, when a sell order is placed, the investor is matched with a buyer willing to purchase shares at the agreed upon price. 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. As for cancellation, withdrawals can typically be canceled only if they are still being processed and have not yet been confirmed on the blockchain. These products are not suitable for all investors. Learn more about Baksta’s Legal Terms. 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. While margin trading carries inherent risks, there are steps you can take to mitigate them. By reviewing this information, traders can make informed decisions about the best way to fund their accounts. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. Create a support ticket by email. Scan the QR code with your device’s camera and get APK file. 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. The platform is simple to use. These factors contribute to the platform’s execution efficiency, but how does it fare in terms of leverage and margin capabilities.

Start of year rush

The deposit process may vary slightly depending on the method chosen. The occurrences in the global market tend to affect the prices of cryptocurrencies and the entire financial sector in general. AND paid just 0,01% for that LOL. We pride ourselves on giving you as many options as possible when it comes to your trading. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. As per the aforementioned differences between the two chart patterns, a trader can use them in analysis to yield potential profits in opposite market trends. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. Resource 20 IndexFinancial and Ind. If you have specific tools or features in mind, please let us know at. PrimeXBT is an acceptable choice for day traders. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. Returns or profits may be subject to capital gains tax. In order to do this, you will need to provide them with an email and password. 80 and highest price reaching $2. It is generally recommended to store large amounts of cryptocurrency in a personal wallet, especially a hardware wallet, for enhanced security. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. As the market trended down, the price reached my stop loss, triggering and executing the order as expected.

How to disable email notifications?

Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit. Date of experience: 20 December 2024. It appears to have a lot of the same functionality that you have on the desktop platform. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. FTX bankruptcy Chapter 11 9:14 PM. However, when I closed the trade, my balance is still $316. Designed to accommodate both novice and experienced traders, PrimeXBT offers its proprietary trading platform. The exchange has deep liquidity and near instant trade execution. Virgin Islands, Northern Mariana Islands, Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. This also offers a 25% discount rate for holders of 300 600 BTC, and a 50% discount rate for holders of more than 600 BTC. ” In the ensuing “New Order” dialog, select “Sell.

Support and resistance

To provide a clear understanding of the different withdrawal methods available on PrimeXBT, the table below compares the key features and benefits of each method. Asset coverage is one of the more impressive aspects of the PrimeXBT trading platform. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. That is why reputation and reliability are everything in thecryptocurrency market. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. The support team is amazing , I recently had an issue and they responsed and fixed it immediately. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. To open an account with PrimeXBT, you will need to visit their website and click on the “Register” button found on the top right hand side of the page. Indeed, the high leverage levels make it a similarly attractive proposal which will allow those users to magnify their returns on borrowed money. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. ” In the ensuing “New Order” dialog, select “Sell. However, the funds must be so large that they cover the margin requirements for trades. The fee is applied in addition to the spread. In financial markets, where time, knowledge, andexperience are paramount, copy trading has become a transformative tool forinvestors. In addition to trading, PrimeXBT clients can utilize copytrading auto copying of trades to generate income effortlessly.

Investing: Not Recommended

Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Research shows that following the BitMEX leak and flash crash on Deribit, PrimeXBT experienced an enormous five fold surge in trading volume, according to intel from popular cryptocurrency data aggregator CoinGecko. However, cryptocurrency trading with PrimeXBT includes a 0. Of course, this is a double edged sword and leverage can seriously hurt a trader’s account, appropriate risk management is a must. 24/7 chat is there to help when things get worrisome. Information regarding past performance is not a reliable indicator of future performance. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. At the moment integration with third party charting services is not available.

4 2

Payment Methods: Debit card, credit card, cryptocurrency. Additionally, the platform employs two factor authentication 2FA and other security measures to protect user accounts. The higher fees may account for the additional risk and regulatory complexities arising from operating within a regulatory grey area. Below is a table to compare the available methods. At the moment, the Halving is absolutely fueling this trend, and the latest Bitcoin exchange traded funds have also boosted both exposure and demand for the king of Cryptos. The key products offered by PrimeXBT include CFDs and Forex trading, crypto trading, copy trading, and crypto futures. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. There are also conditions in place that might limit customers from trading cryptocurrency within the PrimeXBT service. Hello Roze,Thank you for your wonderful feedback. 58 per coin in one single year but then dropped 99% because of how strong the move was. $20,000 or equivalent for unverified users. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the “My Strategies” area of the platform. If the company decides to do a runner or a rug pull, or even if they decide you didn’t actually win that trade and refuse your payout, there is very little legal action anyone can take against them. The Cryptocurrency market has seen many ‘rising star’ tokens and incredible performers. And finally, the 5 supported commodities. To fund a Margin Account.

Follow Us

These products are not suitable for all investors. PrimeXBT has been growing in popularity as they attempt to take on some of the more established Futures and CFD brokers that operate in the space. After registration, you will go to the Personal Cabinet with the trading platform, where you can. Opening an account was hassle free, it offers lower fees compared to other crypto exchanges, and its platform is very innovative for a seamless trading experience. By understanding the risks and opportunities, implementing a solid strategy like DCA, and conducting thorough research, you can position yourself to potentially benefit from Ethereum’s growth in the years to come. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. This example underscores the importance of. The name “HODL” is derived from a misspelling of “hold” on a popular cryptocurrency forum. From ultra low fees to 24/7 support, PrimeXBT optimises every detail for traders. Virtual Assets are high risk products, highly volatile, with fluctuating values. It allows users to trade various ERC 20 tokens on a decentralized platform using smart contracts instead of a centralized exchange. Bybit has seriously ramped up its security framework in recent months, leading to independent security firm Certified listing them as a top ten most secure exchange, giving them a Triple A security rating.

Worse

34500 = 60 point gain. Scan this code to download app. The fees on PrimeXBT can be categorized into trading fees, overnight financing fees, withdrawal fees, and other miscellaneous charges. His work enhances the platform’s educational content, aiding traders in their decision making process. However, there’s a demo version for new users who are unsure about using the exchange. Subscribe to our newsletter, you are in very good company. However, it couldn’t prevent a complete 97% to bear market lows. 01% for gas and oil commodities trading. We’re glad to hear you like our margin trading and appreciate the platform’s reputation. Returns or profits may be subject to capital gains tax. Can I make passive income with crypto. Additionally, users can trade Crypto perpetual contracts via the Crypto Futures interface. These restrictions ensure international regulation compliance and maintain the integrity of the platform’s operations globally. Crypto Deposits: PrimeXBT offers free crypto deposits. Ensuring that the chosen deposit method aligns with personal preferences and the platform’s offerings can streamline the trading experience. Copyright © 2025 EA Trading Academy. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities.