◾️Can I change my leverage?

A Strategy is a pool of a trader’s personal funds which is visible to the public and can be Followed by others. Well I’ve switched to C. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Event Promotion Terms and Conditions. Open the downloaded file and tap Install to complete the installation. Embark on a collaborative trading journey with PrimeXBT copy trading feature. Verdict at a Glance: The PrimeXBT Crypto Futures trading platform is one of the more popular and user trusted services for anyone who’s looking to get into crypto futures. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. However, professional traders usually understand major market forces and try to mitigate market risks as much as possible. However, the exchange still has many security features to keep trader accounts and funds safe. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. You can also access over 50 markets by opening any account and mimic the trades made by some more experienced traders on the scene. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Broker dealer licence License Nr. Leverage on PrimeXBT is expressed as a ratio, such as 1:100 or 1:50. Remember, though, volume isn’t the sole indicator of liquidity, as order size and spread are also pertinent factors in your trading strategy. Yet, PrimeXBT is not available to traders in the United States due to regulatory issues. Prime XBT Trading Services, S. Our human support team is here to help 24/7, in your language. More so, as the world moves towards digital currencies, there is a gap for a coin that is easy to transact with, like Litecoin is aiming to be. 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. While it operates in the crowded trading landscape, PrimeXBT has built a solid reputation for its robust security measures, competitive fees, and 24/7 customer support, making it a compelling choice for traders seeking diverse trading opportunities on a single platform. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. 00, a PrimeXBT Forex decline of nearly 6. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator.

◾️How to invest? How do I start?

Selecting a deposit method with lower fees can help you maximize the funds available for trading. You should only buy any Crypto asset if the current sentiment is positive, the trend is up, and technical indicators support making a purchase. Some of the offers in our comparison are from third party advertisers from which we will receive compensation. The legal representative may request the company to get access to or correct the personal information, delete some information, or withdraw the consent at any time, and the company shall take the necessary measures without delay. If the app is unavailable in your region, you can still access it through direct download from our site. We appreciate your perspective and understand that everyone’s experience can vary. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Traders can easily set the leverage by adjusting the position size rather than adjusting the leverage level itself like the other margin trading exchanges. These fees depend on the currency pairs and the prevailing exchange rates. PrimeXBT supports a variety of deposit methods, allowing you to choose the one that best suits your needs.

Become part of something greaterBecome part of something greater

Thanks for your support. These apps will allow you to place trades and monitor open positions on the go. This rate is relatively low compared to industry standards, making it cost effective for traders, especially those executing large volumes of trades. The platform has a great payment process👏🏻. Various Greek alphabet letters are used to “provide a way to measure the sensitivity of an option’s price to quantifiable factors,” and include delta, gamma, vega, and theta according to Investopedia. Besides overtrading, many traders make another rookie mistake by not defining or respecting their risk management rules. But speed or simplicity is never worth sacrificing security or safety – especially not when it comes to users’ funds. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. Pyramid scheme complaint. Market orders are orders to place a trade immediately for an asset at whatever the given market price is at that moment. 0 addresses a lot of the growing pains of Ethereum, it has been somewhat slow to roll out. By using the link on this page when you register, you will receive a 20% bonus up to $7000 on your first deposit. Having worked as a professional content writer for three years before that, Felix transitioned to working on blockchain centered projects and hasn’t looked back ever since. Payment failures can occur due to insufficient funds, incorrect payment details, or system errors. When a customer deposits $2500 or more, they get a bonus $500. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. We’re happy to hear that you find our platform user friendly and helpful, especially as a beginner. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC.

Ready to put your insights into action?

The charts are useful in helping traders identify up and down price trends for the assets they’re watching. PrimeXBT provides various tools and resources to help traders develop and implement effective trading strategies for major currency pairs. We should also note that there is another in our opinion, simpler and more convenient way to register and authorize in the platform via Google or Apple. 001 BTC, or users can buy BTC from the account dashboard to trade Ripple CFDs for profit. Reddit and its partners use cookies and similar technologies to provide you with a better experience. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Anyone can write a Trustpilot review. An alternative way of trading Bitcoin is to buy and sell the coin through an exchange. Since its inception in 2018, PrimeXBT brand has grown exponentially to offer its services to over a million traders in more than 150 countries around the world. Review collected by and hosted on G2. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. There are also many different ways to make money online trading, and many different assets to trade; strategies to use, and ways to make money trading, but one of the most popular and profitable ways is Day Trading. This gives it a competitive edge. Stock trading involves buying and selling shares of publicly traded companies, offering individuals the opportunity to potentially grow their wealth through strategic investments. You can then buy, sell, and trade cryptos without giving any personal details or documents. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. This introduction will cover the basics of MT4 and its integration with PrimeXBT, setting the stage for a more detailed exploration of its functionalities in the subsequent sections. Learn about copy trading strategies, platforms, and how to effectively follow successful traders.

Consider the risks, but also the benefits

PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. BitSeven, on the other hand, is renowned for its simplicity and focus on cryptocurrency derivatives, offering high leverage and a straightforward user experience. Therefore, non English speaking clients are recommended alternative resources for gaining knowledge by Support managers. People can transact with cryptocurrencies through a crypto exchange platform or self custodial wallets facilitating peer to peer transactions. The equity column is extremely interesting, as it shows how much money followers have allocated to each account. Coinpedia has a much more balanced outlook for the Polkadot price prediction over the next few years. ” – CryptoEnthusiast123. When you choose to place a trade, you can put in your stop loss price at that time. Non cumulative Bonuses: You cannot combine multiple bonuses of the same type. Broader Cryptocurrency market conditions also correlate closely with ADA price action. After the simple sign up process, you then will deposit to your account to get access to the currency markets. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Asset coverage is one of the more impressive aspects of the PrimeXBT trading platform. PrimeXBT is also continually adding new ways to interact with the platform and the trading community, such as an easy way to buy crypto using the free PrimeXBT mobile app. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. However, with proper precautions, such as using cold wallets and carefully choosing well reputed platforms, non KYC exchanges can be safe for experienced users. The bonus funds are available for two weeks after activation, and can be used as additional collateral to open positions. At the start of October, we saw how these developments impacted prices, with Bitcoin dropping over 11%. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 233 0 541 830 38`4 +233 0 303 394080. They have developed their own trading technology, making the platform robust with plenty of key features. Active users across the world. It is important to note that if a position is carried over into a new trading day or trading session, an overnight financing fee is applied. Focusing on beginner friendly tools, Bitget offers a demo trading account, which is a fantastic feature for newcomers to practice trading without risking real money. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. In his current role, Mr. Taking a look at all the tools available on the platform, traders can use a broad range of different sophisticated trading tools such as fan lines, Fibonaccis, retracements, and other trace lines.

Time your entry with expert tools

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. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. This symbiotic relationship creates a win win scenario – strategy managers earn a percentage of the profits made by their followers, while followers enjoy passive profits without the need for hands on trading. Read also: PENDLE Price Surges, Analyst Projects $20 Target for Q4. This is what the ranking of the best strategies looks like. An excellent place to start is Bitcoin, as well as Ethereum. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. To start with, while PrimeXBT is considered to be a centralized crypto exchange, it does not exclusively focus on cryptocurrencies but rather offers a diverse line of financial products and services. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. Date of experience: August 20, 2024. The primary advantage of margin trading is the potential to realize more significant gains due to the increased trading power. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. With high leverage options, it can be an ideal choice for those interested in social trading in crypto assets, commodities, and forex source.

Select a Country

Payments to partners are made in the same way as other withdrawals, i. Ethereum and Polkadot are two of the biggest cryptocurrencies and are trying to accomplish very similar goals. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide. Trading hours may be affected during the holiday period. AAVE’s price broke past $200, pushing through previous resistance. These products are not suitable for all investors. Since its inception, PrimeXBT has focused on offering advanced trading solutions with a particular emphasis on high leverage, allowing traders to maximize their potential returns. Visit our Help Centre. For our trading test, we thoroughly evaluated the PrimeXBT platform. Além disso, outra vantagem desta plataforma é que você pode negociar todas as categorias de ativos, não apenas criptomoedas. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Last 2 days for BTC have seen 5% moves, and with 200 leverage its jjust so easy to catch it. Margin trading essentially allows the trader to loan money from the platform in order to make their trade beefier and to increase the profits should the trade come good. Explore the diverse benefits of common and preferred shares on PrimeXBT, where the world of stock trading unfolds with opportunities waiting to be seized. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. Compare Other Crypto Exchanges. Copy Trading Agreement. You can contact their team on and if you have any questions. You get to pay with card or crypto. They highlight the platform’s strong margin trading options. Now simply hit the “buy” or “sell” button, and your trade is live. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. The platform offers more cryptocurrencies, markets, features, trading tools, and financial products suited for cryptocurrency trading. It does not display the actual or predicted returns or yields in any fiat currency. You can read about every possible way the market will react to certain events, but the market can always react differently to the same things, or there can always be new events that are unprecedented. Although the Forex market is open 24 hours per day, it’s not always active. There is also a system of bonuses and additional passive earnings. Account verification is completed upon Depositing Cash.

Bernd K

Here are some options you may consider. It is essential to comprehend the nuances of margin trading before putting any trading capital at risk. The platform can be a profitable tool for buying and selling cryptocurrencies, as well as for fast cryptocurrency exchanges. Charges fees for inactivity. Prime XBT Introduction. 40 price point by the end of 2025. As you can gather Bitcoin is more decentralised than XRP, and BTC is also intended as digital asset, where XRP functions more as a payment intermediary. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. By Matthew Hayward, Senior Market Analyst at PrimeXBT. Here are the new features and updates.

Disclaimer

Compare over 25 exchanges and 5,000 cryptocurrencies. Even so, Binance has set itself apart by offering an insurance fund for user assets. The knowledge that the economy, and the markets, will recover is almost universally felt, the time it takes and how well it recovers is another thing, but for many traders this represents a perfect time to enter the market and take advantage of the probable upswing in the coming months, if not years. The systems, strategies, and examples discussed are provided for educational and illustrative purposes and may feature hypothetical or simulated performance results, which come with inherent limitations. Second, when it comes to trading technology, they do not offer API functionality. That being said, all pairs still offer strong leverage options, even if they are not all at the x200 range. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Here’s our detailed analysis of the futures trading experience. PrimeXBT’s unique selling proposition for traders is its advanced security measures and the innovative copy trading feature, which enables users to replicate the trades of successful traders. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Lido Staked Ether STETH.

Worse

The platform’s strong focus on security, user friendly interface, and responsive customer support further enhance its appeal. PrimeXBT uses strict Know Your Customer KYC checks to make sure every user is who they say they are before trading. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better. As well as this, MEXC has some of the lowest trading fees of any crypto exchange, with considerable discounts for MXC holders. Unlike with CFDs, in this case, the buyer is the owner of the coin and has to take care of storing it. Withdrawal fees start from $0. Review collected by and hosted on G2. Lastly, you can’t rearrange or resize modules on the desktop platform. 05% is much lower than many comparable CFD brokers which is a massive benefit for traders who use PrimeXBT.

Full Name

Security measures include Two Factor Authentication 2FA, Cold Storage as well as SSL Encryption. The available leverage ratios vary depending on the asset being traded. Here we’ll explain futures trading, dive into the details of perpetual contracts, take a closer look at why PrimeXBT is the best platform for trading crypto futures right now, and then walk through how to trade crypto futures on PrimeXBT. 05% per trade and portfolio copied on Covesting which is very competitive in the industry where trading fees between 0. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. Of course, this also works on the way down as losses are also magnified. A Margin Call is a platform notification/email reminder that warns you when your Available margin is low. They include Google Authenticator 2FA for extra security, offline cold wallets, and manual checks on transactions. The regulatory dilemma has made some of the popular cryptocurrency exchange platforms unavailable in some countries, such as the US. I would criticize this company for the lack of payment methods. Zengo, being a non custodial wallet, provides you with total control over your assets. 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. PrimeXBT charged me a withdrawal fee of 0. Up to 100x in all cryptocurrency pairs.

Unlocked: Crypto Handbook!

Hay todo tipo de comercio de criptomonedas, sin restricciones en las estrategias. 32 to send USDT over the BEP20 network. PrimeXBT offers flexible leverage options, allowing traders to customize their leverage according to their trading strategy and risk tolerance. We can’t guarantee that a Margin Call will be delivered shortly after your margin drops below the required minimum, or prior to Liquidation. Select it in the drop down menu above and click “Compare Now”. Overnight financing fees, or swap fees, are calculated based on the interest rate differential between the two currencies in a pair. If the app is unavailable in your region, you can still access it through direct download from our site. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. $2,000 by bank card. PrimeXBT also supports both fiat and crypto withdrawals. ” LTC uses the Scrypt algorithm for its mining, while BTC uses SHA 256. Neither PrimeXBT nor FTX can be used by US persons, and FTX instead offers a US version of its exchange whose trade offerings are far more limited than its parent global exchange and do not at all compare to FTX International’s selection. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Only One Active Bonus Per Transaction: Typically, PrimeXBT only allows one bonus to be applied per transaction. $20,000 or equivalent for unverified users. It contains all the bells and whistles you would expect in a trading console. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. If it is a “good til canceled” order, it remains open and can be triggered later. There’s no one size fits all answer for the best leverage ratio in Cryptocurrency. Enhanced liquidity: As ETFs gain popularity, the trading volume of Ethereum is likely to increase. An overnight fee, also called a “rollover fee”, is a payment that applies if you hold a position overnight. Use the Crypto you buy to purchase goods or services at participating outlets. 001 BTC and once a deposit is confirmed made to an internal Crypto account wallet, funds can be moved to margin accounts for immediate trading. A candlestick has four points: open, close, high and low. For instance, if you have a $200 bonus active, applying a new promo code will replace the previous bonus. Moreover, he notes that XLM’s current positioning and past behavior could trigger a rally similar to previous market cycles. If for you, as for me, trading is not just a game, then you understand that PrimeXBT fees are really low. We found that there is enough information available for any customer to get their online trading career underway.