PrimeXBT Review 2025: Complete Exchange Overview

Reply from PrimeXBT Copy Trading. PrimeXBT is a perfect match for copy traders. In financial markets, where time, knowledge, andexperience are paramount, copy trading has become a transformative tool forinvestors. This is impressively fast and means that traders are less likely to experience slippage. The Ethereum network continues to be being defined, as new use cases are in the hands of developers, quite often with different backgrounds. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. In this guide, we will delve into the concept of margin trading as it relates to Bitcoin and other crypto, and discuss how you can engage in cryptocurrency margin trading in a way that aligns with your trading objectives. Beginners should generally opt for lower leverage ratios to minimise potential losses, while experienced traders with a higher tolerance for risk might consider using higher leverage to potentially amplify their gains. Polityka prywatności. This means that you can benefit from the price movements of anything from Bitcoin to Ethereum without even having to own the underlying asset. It is recommended to buy at the flow and sell at the ceiling.

◾️What is the withdrawal fee?

A strategy is a pool of a trader’s personal funds which are visible to the public and can be followed by other customers on the platform. Remember, margin trading is not suitable for everyone. 2 of PrimeXBT’s Terms and Conditions. Spot trading has grown in popularity in the crypto space over the past few years. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. These systems are designed to identify patterns and behaviors that may indicate fraudulent activities. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. There are more than 10,000 cryptocurrencies currently. IOS and Android apps make trading on the go easy. Researching Ethereum’s technology and the broader market is crucial. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. However, depositing fiat currency requires KYC verification. If you do not have any Bitcoin, you can buy it on our website. As a result, the investment will often look to those countries to expand. PrimeXBT provides various order types to cater to different trading strategies. Deposits are usually processed within a few minutes to a few hours after the transaction is confirmed on the network. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. However, I do understand that this trading style may not be for everyone. This feature is common amongst popular crypto exchanges and is a great way of balancing out your altcoin portfolio. I can share a little bit what indicators I’m using during a trading session, these are: Ichimoku Cloud, Fibo retracement and the RSI index.

Conclusion

This summarized statistics are based on the information of markets and exchanges registred at Coinhills. Users can access spot trading, futures contracts, and margin trading, all while maintaining their privacy. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. Below are just some of the significant advantages of doing so. The platform’s adherence to KYC and AML standards where required, along with its commitment to transparency, allows users to trade confidently and securely across multiple markets. 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. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. Only for verified users. We can use this as a more reasonable forecast for consideration of the network potential. The file is verified secure by PrimeXBT. This means that traders can use the platform without undergoing identity verification processes. This could lead to significant potential losses if the market moves against their position. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. These services ensure that traders can use the platform effectively while complying with www.primexbt.com forex local regulations. IF YOU ARE TRAVELLING TO ANY OF THESE COUNTRIES, YOU ACKNOWLEDGE THAT OUR SERVICES MAY BE UNAVAILABLE AND/OR BLOCKED IN SUCH COUNTRIES. As the stock’s stock price plummets unexpectedly, the stop loss order triggers, limiting the trader’s losses and preserving their capital. PrimeXBT stands out for its diverse trading instruments, allowing users to trade not only cryptocurrencies but also forex, commodities, and indices. The status of a withdrawal can be checked in the ‘Transaction History’ or ‘Withdrawal’ section of your account. The question of who should buy Cardano or invest in it is pretty open. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. In today’s fast paced world, having the ability to trade on the go is crucial. Ethereum relies on smart contract functionality built into its transactions to support all kinds of agreements and tokenization benefits. Charles Hoskinson is yet another pioneer in the Cryptocurrency space, working to push overall adoption forward. For users who do not want to use one of these third party services then they will need to fund their account with crypto that can be purchased from an exchange like Crypto.

PrimeXBT Asset Coverage

Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice. Swing trading is a short term to medium term trading style. Crypto Deposits: PrimeXBT offers free crypto deposits. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. The platform provides a variety of free deposit options for both crypto and fiat. This will help avoid any compatibility issues and ensure the app runs smoothly. Scan this code to download app. In 2017 Litecoin reached its all time high of $417 on Coinbase before falling back down to roughly $20. The trading conditions on these assets are also reasonable. It takes just a few minutes to get started. For unverified users, you’ll have withdrawal limits of 5 BTC per 24 hours. Overall, I rank PrimeXBT in the middle of the pack. Box CB 13012, Nassau, The Bahamas. PrimeXBT’s user friendly interface, advanced trading tools, and commitment to security make it a reliable choice for traders. I have been using Prime XBT for the past 4 months and so far I can say I have not received any problems with it. Crypto enthusiast since 2020. The platform provides a variety of free deposit options for both crypto and fiat. You also have pretty extensive order options which is more than we have seen on other trading mobile apps. However, it also comes with a higher risk of liquidation due to increased volatility. 3 The 200:1 leverage is CRAZY. Correlation Trading 🤓️: Given that you can trade crypto as well as these more traditional assets, it means that you can also structure more bespoke and exotic trades and search for correlations between the likes of the Dow Jones vs Bitcoin and compare it to Gold’s performance and more. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. Required fields are marked. The platform is simple to use. Vincent and the Grenadines as an operating subsidiary within the PrimeXBT group of companies. KYC is optional and up to both traders if they want to require the other party to KYC through the decentralized identity systems that OpenPeer provides. There is no account fee, and the trading fee is 0.

Has PrimeXBT ever been hacked?

Decentralized exchanges operate without a central authority, allowing users to trade directly with one another. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. Derivatives such as options, futures, and CFDs allow traders to utilize leverage while gaining exposure to market movements. Developers are incentivized to build on Cardano thanks to generally lower transaction fees and faster settlement speeds compared to Ethereum currently. Scan the QR code with your device’s camera and get APK file. When it comes to approaching the stock market, there are so many different options across so many different countries, and. You must also pay income tax on earned crypto such as staking, interest, or referral rewards. After registration, you will go to the Personal Cabinet with the trading platform, where you can. This means that user funds cannot be sent to a rogue address in the instance where an account is breached. Com, Kraken, or Binance. This duration accounts for the necessary security checks and processing time. Learn more about Baksta’s Legal Terms. PrimeXBT serves as a versatile trading platform facilitating cryptocurrency trading. Once your purchase is finalized, the Crypto will be instantly credited to the wallet you selected. Some exchanges are subsidiaries of DCP, but many are legally independent businesses. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. These products are not suitable for all investors.

Stock Trading

I really appreciate it. For US residents, ProBit does not specifically state services are restricted for US investors however, some products may be unavailable. Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. You can conveniently sort them according to their total profit. The proof is in our platform. Receive the latest news and stay informed. PrimeXBT’s infrastructure is also designed to handle a high volume of orders per second and extreme loads. In the cash account, the investor earns $40,000 profit with the $10,000 they had at stake. Although there have been multiple promises that Musk would accept Doge as a payment method on X and for Tesla’s website for merchandise in fact there is an entire FAQ page dedicated to it, this has yet to happen. There’s nothing super duper surprising in this fact, but it’s undoubtedly very convenient to trade several assets within one platform and one account,For sure, I more about crypto trading, but sometimes, as I am the one who kicked off in trading sphere with forex pairs, I can run a quick analysis on major pairs to find entry point, open a position and set SL and TP. As we have noted in this review, Bybit has done a great job, with very few complaints listed, a high degree of uptime, and happy users. PrimeXBT agrees to provide services subject to the client not being a user or a resident of a restricted country, which includes. Yes, PrimeXBT operates a copy trading site called Covesting. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. Remember you can do this on the PrimeXBT platform. The core appeal of margin trading lies in its ability to significantly increase your potential gains. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. In terms of other security protocols that they have in place, they also make use of Cloudflare’s technology in order to mitigate the risks that are posed by Distributed Denial of Service Attacks DDoS. It has gained popularity for its crypto margin trading capabilities. Investing in Ethereum can be done in a multitude of ways. Ethereum is a frontrunner in this space, powering groundbreaking applications like Decentralized Finance DeFi, Web3, and smart contracts. 90% of users recommend this product. It is if the trader is skilled. PrimeXBT vs Bybit Trading Markets PrimeXBT does not just offer cryptos but also offers other assets to trade such as stocks, forex, commodities, and indices with up to 1000x leverage. Share your experiences, ask questions, and connect with other traders in a vibrant and supportive environment. Key highlights include. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. 1 Once you are ready to trade with real funds, simply click the ‘Go to real’ button in the top right corner of the Turbo page to transfer real funds to your Turbo balance. PrimeXBT’s unique selling proposition is its advanced security measures and the innovative copy trading feature, which enables users to replicate the trades of successful traders.

Can traders from the United Kingdom deposit via a bank card, bank transfer, or gift card on PrimeXBT?

When making trades, the price prediction feature is a very useful tool. These projections are based on assumptions of continued technological advancements, increased adoption of Ripple’s solutions in the global financial system, and favorable regulatory environments. Vincent and the Grenadines and are currently in discussions to become more legitimate by moving to Switzerland and complying with regulation laws, though it is not clear when or if that will happen. I found the KYC process to be straightforward, with my account being verified instantly. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. I asked them how on earth I could have a profitable trade but have my equity drop, and they acted like I did not even ask that but answered a distraction question I did not ask. Dear ChristallThank you for your positive feedback. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. Open the downloaded file and tap Install to complete the installation. One negative is that you can’t trade cross pair futures. Leveraged Bitcoin trading is basically offered by unregulated crypto trading platforms that are registered in countries where crypto CFDs are not prohibited. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. The table demonstrates how much you would have to pay to trade 1 full lot 100,000 units in EUR/USD with a pip value of $10 for each account. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. Trade Crypto Futures Contracts incl. HODLing and trading both offer their fair share of pros and cons, benefits and challenges. Prices for currencies and other trading assets are derived from liquidity providers, which include banks, financial institutions, and other market makers. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. PrimeXBT offers live price charts for all the markets available on the platform. Their fees are typically less than $2. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania.

Sell

Luck can also play a role. PrimeXBT has you covered with a variety of educational materials. Margin trading enables traders to access borrowed funds from their broker by leveraging their account balance or existing securities as collateral. Each of these steps is designed to protect users and the platform from fraudulent activities. 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. PrimeXBT is a crypto trading platform that focuses on professional investors. Returns or profits may be subject to capital gains tax. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. If you are ready to place a trade, you typically need to change a dialog box from “market order” to “pending order. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. Supported cryptocurrencies include.

PrimeXBT Review

The team conducts periodical stress tests and security audits to ensure compliance with the strictest security standards in the industry. You can receive payouts of up to 50% of trading fees commissions paid by your referrals. The broker does not charge deposit fees or withdrawal fees, but a person is charged an arbitrary miner fee according to industry standards to finish a transaction when withdrawing funds. We would like to resolve this matter to your satisfaction and restore your trust. Traders can select “add widget” and they will be given a list of different ones to choose from. 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. The exchange lets you trade the SandP 500 index with up to 100x leverage. Besides, partnering with PrimeXBT allows you to widen your networks. A service without an education resource will always be daunting for new customers and this could scare you off of the industry entirely. To activate this bonus, you typically need to enter a promo code provided as part of a promotion or special offer. Alternatively, users may enter any amount of USD, GBP, or EUR, and the corresponding amount of BTC will be instantly updated to reflect the current market rate. No disadvantages, all is good, working fine. While PrimeXBT’s platform supports one click trading, its lowest timeframe is one minute which is not ideal for scalping. The biggest gainer on PrimeXBT today is BNB/USDT, which decreased by 3. 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. This versatility allows traders to diversify their portfolios and take advantage of different market conditions. Avoiding these can help you trade better. My experience with PrimeXBT’s customer support was mixed. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Yes, the bonus amount must meet certain trading volume requirements before it can be withdrawn as real funds. Percentage commission. Geographic specific payment processors may exist, so it would be great if PrimeXBT listed all available ones on their website. The user friendly and responsive trading platform is accessible through desktop and mobile devices, allowing traders to manage their portfolios anytime, anywhere. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. Lastly, MEMECOINS Short presents a compelling case with a monthly profit of 180. 16781083 for Cardano.

Binance Black Friday Deal

The broker publishes regular market news, weekly outlooks, and general market breakdowns. Founded in 2014 SimpleFX offers a broad range of assets with up to 500x leverage even on oil contracts. The financial and market information provided on U. Learn more about me here: About the author. The deposited LINKS demonstrates a commitment to the network and incentivize good behavior. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. So, is PrimeXBT the exchange for you. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. PrimeXBT offers a customizable interface where you can add order types, charts, and indicators. Here you can find additional information on how to trade futures products. This is why the market is open 24 hours a day because the banks are global in scope. These are the account administration section, the information section and the actual trading platform itself. Test it out with a demo account using virtual funds. Choose the asset you want to trade from the ‘TRADE’ widget. We’re thrilled to hear that our support team was able to assist you promptly and effectively. 0005 BTC, while Ethereum withdrawals might cost 0. Most people copytrading are crypto guys, but there are a those that do CFDs, easy to see, and they are great. Still, when asked through the prism of the actual government holding it, the answer is much more fluid, as most government holdings worldwide result from criminal seizures.

All Categories

But there is a way you can control a larger trade with less capital, keep reading to find out how. However, a disadvantage is that there is no service to clients from the US and Canada, with no dedicated phone support. For example, the award winning margin trading platform PrimeXBT lets users buy BTC in just a few clicks, and much more. This allows for pure price speculation without taking custody. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Additionally, PrimeXBT supports the trading of Crypto BTC trade pairings. If a nominator chooses a bad validator, they are subject to loss of stake, the main difference between the more common delegated proof of stake system used in many other blockchains. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. This article is not intended for residents of the European Economic Area or the United Kingdom. All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. If you trade intraday, you are more likely to sit and watch the trade unfold. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. 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. With Level 1 KYC, you’ll be able to withdraw USD, trade, and deposit fiat and crypto up to a certain limit. To trade instantly on PrimeXBT, log in, ensure sufficient funds, select a market, set parameters, and execute your trade with a market order. I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. 05% fee for trading cryptocurrencies. It’s preloaded with hundreds of popular indicators like strength index, moving averages, etc. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa.

Equal

Zafar Naik Jan 08, 2025. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. The platform offers a very limited range of crypto futures markets and conditional orders. If you build your portfolio correctly, you will be able to average out “negative” market movements protecting the overall value of your assets than if you had just one type of asset. When your friends deposit, trade and meet the requirements, you will get your reward. A CFD trading account does not require even a minimum deposit. Follow the prompts and take a selfie using the camera on your smartphone or your webcam by clicking on ‘I’m ready’ make sure the lighting is good and your face is clearly visible. But, investing on hype alone is dangerous because with the volatility it can move both ways. What would I like PrimeXBT to add. Her answers were timely and well informed. Such competitions allow participants to learn the basics of trading without starting investments, as well as win real cash prizes. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. Day trading is a technique also known as “Intraday trading. Post Merge, the daily new supply is expected to drop to approximately $2M+ each day. I will post pictures of the emails to prove the responses.

Worse

The provider claims that it has a 96% success rate, but it does not provide a free Telegram channel or free Cryptocurrency trading signals. You’d need to accept their terms and click on “Register” to submit. The Deribit platform is specialized in classic BTC Futures trading with expiry date offering an easy to use and well organized trading platform for that purpose. 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. Attend exclusive PrimeXBT events, network with other clients and learn new skills. However, there’s a demo version for new users who are unsure about using the exchange. The most basic forms of technical analysis will try to determine support and resistance, or where markets attract buyers and sellers. While PrimeXBT impresses with its wide selection of crypto CFDs and crypto futures, its overall instruments offering has a rather narrow scope. 3 billion tokens, and an average 24 hour trading volume of $39 million. This article is not intended for residents of the European Economic Area or the United Kingdom. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. PrimeXBT acts as an STP broker to ensure fast order execution and excellent liquidity for traders. PrimeXBT Mobile App, on the other hand, provides a full featured trading experience with advanced tools, security, and access to all assets. Scan this code to download app. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Click Download and confirm the file download if you see a warning. Trade Forex, indices, commodities, and cryptos with ease, no matter which way the market moves. The exchange does not currently offer fiat off ramps for withdrawals. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. It has gained popularity for its crypto margin trading capabilities. PrimeXBT is another great option for trading perpetual futures with leverage. Be warned: investing in these start up projects is risky so read up all you can before investing AND keep a close eye on them after. PrimeXBT, the digital asset trading platform was founded in 2018 and is based in Seychelles. The goal is to ensure that their clients enjoy the highest level of security and privacy. However, users can also open ETH, USDT, USDC, and USD accounts. Receive the latest news and stay informed. Brand operating since. Before you press “Confirm”, review the order.