PrimeXBT Review 2025: Complete Exchange Overview

Sotiris Foraris – is a Content Specialist at PrimeXBT with over twelve years of experience in finance. For those unfamiliar with it, PrimeXBT promises to bring you a safe and reliable way to improve your profitability from crypto trading by using leverage margin on both long and short positions. For more information, please see our Cookie Notice and our Privacy Policy. When using live chat, I usually received a response within 2 minutes. On the other hand, there’s a flat 0. Advcash account email address used to make a deposit will be preselected automatically. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The funding rate for buying is 0, 01%. I discovered that PrimeXBT’s swaps are low to average compared to the industry benchmark. The program offers commissions of up to 20%, and up to four levels deep. The platform can be a profitable tool for buying and selling cryptocurrencies, as well as for fast cryptocurrency exchanges. In late April of 2023, several “meme coins” attracted attention. What’s even better is you can browse through an expert’s opinion on their service as a whole. EAs can be customized to suit specific trading strategies, including scalping, day trading, and swing trading. The platform can be a great incentive for further learning and developing trading skills. Information regarding past performance is not a reliable indicator of future performance. The disadvantage is that this can also limit your positions’ profit potential. These traditional assets have been made available due to increased interest in global markets. Using this application is very helpful for beginners like me. However, if you are more of a longer term trader, you free up time to walk away from the computer and monitor where the position is heading every few hours, or even every few days. GoldCoin peer to peer cryptocurrency strives for decentralization and economic freedom. The deposit may take a bit of time to show up in your account due to the fact that the crypto will require confirmations on the blockchain network before they are deposited into your account. These services are governed by the legal terms and conditions of PXBT. It’s important to check the terms and conditions of each coupon to find out its exact expiry date. Over it’s years of operation, it has established itself as a reliable provider of both Crypto signals and Crypto trading education.

PrimeXBT Asset Coverage

Unlimited for verified users. Top 10 alternatives to PrimeXBT. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. Some of the key features include. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. Switchere is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 10 cryptocurrencies. If you ever have questions, please feel PrimeXBT Forex free to reach out to us at. PrimeXBT boasts an average order execution speed below 7. There are over 69 million CRV tokens in the wild, with a max supply of 1,337 million tokens. Only for verified users. However, the regulatory framework is shifting as global adoption rates grow. PrimeXBT implemented a native “Buy Crypto” module with fiat support, a convenient copy trading dashboard, crypto price charts, a unique investor calendar and more. Users can also now hide and reveal their password by tapping the eye icon on the right side of the entry field. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Bybit follows a tiered structure with the following fees for Spot and Derivatives trading.

Other Fees on PrimeXBT

In order to do this, you will need to provide them with an email and password. Copyright © 2020 by Norbrook Equity Partners. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. Once you confirm your email, your account will be activated. As a decentralized exchange, PancakeSwap will never ask you for personal details and there’s no KYC necessary. Information regarding past performance is not a reliable indicator of future performance. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. Reducing leverage and using more margin can help lower funding fees, which are higher than those of competitors. Jito Staked SOL JITOSOL. You are depositing hard earned funds into an account and trusting the platform to keep those funds safe, therefore, it is critical to choose a trusted platform. Yes, users can try PrimeXBT with a demo account. ” Renewed optimism—sparked in part by Ripple’s partial legal victory in July 2023—has helped bolster XRP’s outlook, though ongoing market conditions and unresolved legal matters continue to shape its long term performance. If the app is unavailable in your region, you can still access it through direct download from our site. Ready to explore the future of trading. DISCLAIMER: The information contained in this website is for general information purposes only. Continuous learning is key to becoming a successful trader, and we’re here to support you every step of the way. Regardless, it is an option that you have on our platform at PrimeXBT. The answer is simple: comparing apples to apples is always easier than comparing apples to oranges. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. This adds an extra layer of security and makes it much harder for hackers to access your account. It could be hard for them if they continue with new management. Copy Trading strategies are available for Bitcoin BTC, Ethereum ETH, Tether USDT and USD Coin USDC, and must be followed using the same Cryptocurrency. This generally causes a feedback loop, where traders continue to do the same thing, thereby pushing prices higher in a rapid manner.

Traders’ Reviews of the PrimeXBT App

The website also contains a useful Help Centre for general queries. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. The moving average is an indicator of short term price trends. With the PrimeXBT Android app, you can access over 100 markets, including cryptocurrencies, Forex, commodities, and indices. Bitcoin is rising on Thursday, trading up almost 3% across the past 24 hours, boosted by in line US inflation data,. Something that you may have noticed is that PrimeXBT does not require any forms of identification when you sign up. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. Moreover, PrimeXBT does not provide Virtual Private Server VPS hosting, which is necessary to achieve ultra fast order execution speeds. The platform is user friendly and offers a highly customizable interface with advanced charting tools and technical indicators. Donetsk People’s Republic. Basically, I can: Trade manually, the chart and instruments are adequate and executiions is fast enough Buy crypto that I want and hold it Copy trade, select one trader from the list and copy his/her trades Take part in various contests free of chargeP. Similar to the funding or depositing section, the withdrawal function is fairly simple. PrimeXBT is safe to use as it complies with three well known Forex regulators and has cryptocurrency licenses from two trusted industry regulators. These businesses are very diversified in terms of industry and scope and includes the local leader in ecommerce fulfillment Mailpac, the largest private transaction processing company in Jamaica ePay, Jamaica’s leading player in ice manufacturing and distribution Pure National Limited, the Jamaican arm of the world’s largest car rental company Hertz, Jamaica’s fastest growing water provider JamAgua and several other industry leading platforms in Jamaica, Florida and West Africa. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. In full transparency and honesty, I have never been a big fan of the too many offshore and unregulated exchanges that are out there as so many of them can be quite dodgy. Though it faced significant recent setbacks 55. PrimeXBT ForexHistory. 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. PrimeXBT offers over 100 tradable instruments on its Forex and CFDs account, including currency pairs, commodities, indices, and cryptocurrencies. 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. While PrimeXBT has received positive feedback, users have also raised concerns and issues that the platform needs to address. Holds a Bitcoin Services Provider BSP licence issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. It should be clear now why mirror trading can be an advantage to a trader, it requires very little work or research, and this is also good for new traders who don’t want to lose money while learning the ropes.

How to make money on PrimeXBT?

Lead by example and treat others as you would wish yourself to be treated. Do not link any content to this sub or beg votes or comments. It costs more to execute a full sized EURUSD trade with PrimeXBT than with the typical STP broker. PrimeXBT offers various withdrawal methods, including. When used professionally and responsibly, leverage can be a powerful tool for traders across all experience levels. If you have any questions or need further information about trading on our platform, please feel free to contact us at. The platform’s strong focus on security, user friendly interface, and responsive customer support further enhance its appeal. If it can get through this crypto winter, then it has an opportunity to be an excellent longer term “buy and hold play. However, since then, the price has fallen to as low as $53,900 due to various factors including the state of the global economy. If you have any further questions or need assistance, please don’t hesitate to reach out at. Overnight Financing: For leveraged positions held overnight, PrimeXBT charges an overnight financing fee, also known as funding fee. Trading Crypto Futures on PrimeXBT is imperative because it provides exposure to a large variety of altcoins including Ethereum, which could benefit from the recent Ethereum ETF news. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Crypto exchanges where left venerable, as were their clients and we saw many instances where people lost funds. But many other cryptocurrencies sit above it in terms of popularity and market cap right now. The support manager recommended me to go the Analysis page and use the TradingView database. This comparison highlights the differences and similarities to help traders choose the most suitable platform for their needs. Follow the same steps to trade Forex, Commodities, or Indices. In general, the approach has been. Here are some case studies of successful use of PrimeXBT bonuses. Platforms and Charting Tools.

Is the PrimeXBT App free to use?

05% commission applied to the raw spread. PrimeXBT does not charge any deposit fees. Use the Crypto you buy to purchase goods or services at participating outlets. Use correct spelling, grammar and punctuation. I have no bonus found. Returns or profits may be subject to capital gains tax. PrimeXBT’s infrastructure is also designed to handle a high volume of orders per second and extreme loads. At PrimeXBT, we are committed to ensuring our trading environment stays aligned with the evolving market. 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. Our mobile trading app for Android and iOS is a multi asset platform, so you can trade CFDs on Crypto, Forex, and more. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. PrimeXBT positions itself as a platform that offers advanced security and copy trading features, among other features. Crypto News, NFTs and Market Updates. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Easily buy Crypto with Visa or Mastercard. Cash accounts and margin accounts are very different, but once you understand the main differences, you will understand why cash accounts are considered to be advanced. $20,000 or equivalent for unverified users. So, is PrimeXBT a good platform for high leverage trading. Making a Deposit on PrimeXBT with AdvCash. There is also a copy trading tool called Covesting. This means that the value of the initial $12,000 investment has grown to a value of $15,960. PrimeXBT’s focus on functionality makes it ideal for traders who require advanced tools and features to implement their strategies. The creator has remained unknown since, much like the creator of Bitcoin, Satoshi Nakamoto.

Are PrimeXBT Fees Competitive?

Copy trading can be profitable, assuming you copy the correct trader. Profits and equity are settled in the base currency of each particular trading account. ” using realistic Dogecoin price predictions from experts and technical analysis prediction charts. PrimeXBT Trading Services, S. For your first trade, you identify potential setups and then decide whether you are going to buy or sell a currency pair. Dedicated support via email, phone, and live chat around the clock to answer questions at any time. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. Regardless of which browser we are using, the page just keeps loading but never loads to completion. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. Information regarding past performance is not a reliable indicator of future performance. Bitcoin, Ethereum and fiat deposits via AdvCash, Perfect Money, and various local payment methods. Categories in Common with KuCoin. We will start this PrimeXBT review with some words about the platform in general. Start your journey today and enjoy monthly payouts with a fixed commission structure. 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. Experience competitive spread fees starting at 0. Follow these professional tips to start compounding profits like neverbefore. No more fomo or other psychological rollercoasters needed. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. No, PrimeXBT does not require KYC verification for basic accounts, allowing for anonymous trading. Unlike its larger competitors, PrimeXBT does not offer P2P trading. These include fan lines, Fibonacci, retracements, and other trend lines.

Recent Posts

PrimeXBT allows for stop loss orders, limit orders, and market orders, as well as unique take profit orders that trigger when a certain level is reached. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. This is exactly how PrimeXBT works, different from traditional crypto exchanges. 1389% based on the type of trade. Information regarding past performance is not a reliable indicator of future performance. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. ” As massive amounts of data and records are not stored in the blockchain yet, Chainlink should have plenty of use case scenarios as the on blockchain, and off blockchain worlds interact. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. DOGE/USD is the market you will be looking for to short Dogecoin. Transaction value metrics are also readily available on different websites. We offer an innovative Copy Trading platform that allows you to copy successful strategies of pro traders, and earn when they do, no experience needed. The high for 2019, was just $0. For example, here is the current list of digital assets right now according to the top ten cryptocurrencies by market cap are. The funding rates are dynamic and change as per the market situation. PrimeXBT will automatically close out the open positions in the negative as they need to manage the risk that they have on their books, resulting in lost funds for the trader. Now, when Bitcoin’s price is stable, it is a perfect time to trade small movements with larger leverage. Launchpads are a fantastic way for retail traders to get early access to projects before they go public, a benefit that used to be reserved for VC firms, or those with deep pockets and friends in high places. This information should not be misinterpreted as an endorsement to buy, trade or sell a cryptocurrency or any specific product or service. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. These rewards go beyond the ordinary, providing you with additional benefits.

Bernd K

While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Jito Staked SOL JITOSOL. There may be a large group of traders behind an automated trading strategy. We offer a range of trading bonuses, as well as discounts on fees, on both CFD Trading and Crypto Futures trading accounts. 45 çalışanın tamamını görüntüle. This means that once this strategy is chosen, and the trader selected, the mirror trader needs simply sit back and watch the trades operate without any input from themselves. Please check our spreads in the platform. Note ✍️: Be sure to read the TandCs that apply to this as well as what is acceptable promotion and what is outlawed. Through a CFD, one is speculating on the market price instead of taking ownership of a cryptocurrency. This transparency helps you choose a trader you’re confident in copying. What is more, when compared to other market participants, PrimeXBT’s trading fees are reasonably low. Cryptocurrency trading instead provides holders of Crypto with an alternative to investing – profiting from both market downtrends as well as uptrends. This site contains affiliate links to products/services.

Rruga “Epikadeve”, pallati Arvi, Durrës, Shqipëri

It was a tight race in December, as all strategies on the monthly profit leaderboard are close in results. This is also called a lack of a trend. 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. 0005 BTC for Bitcoin withdrawals. Chainlink’s ecosystem overview. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. A history of bragging about assets online is one red flag that hackers can use to target unsuspecting crypto investors. The PrimeXBT team has also made bold claims about their copy trading feature. But, the platform focuses on major assets, ensuring trading is liquid and stable. With only around 40 cryptocurrencies supported, they have the majors covered like BTC, ETH, LTC, XRP, DOT and more. At PrimeXBT, we want you to succeed as a trader. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. However, depositing or withdrawing fiat currency will require KYC identity verification. They have been used in the traditional financial sector for more than a decade. Next, we will discuss the importance of continuous learning and how to improve your trading skills over time. The fee will remain the same regardless of the amount being withdrawn. Participants can earn attractive commissions on the trading activity of their referrals, boosting their earning potential while expanding their network, featuring a unique 4 level hierarchy system. PrimeXBT offers a user friendly interface and advanced trading features such as leverage trading. The $900 mil TVL makes total sense to me now. With a cash account, any positions taken will be an exact representation of the amount of USD value or corresponding fiat currency or cryptocurrency value of the asset.

Bernd K

Even so, Binance has set itself apart by offering an insurance fund for user assets. 51 mid way through December 2017. Dive into weekly trading contests with virtual funds for a chance to win rewards up to $10,000. As crypto rose, Solana. 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. Bybit has a great selection of over 400 crypto assets and almost 600 trading markets, which is quite impressive, it is no wonder that Bybit has become an oasis for crypto trading. Trustpilot users generally praise PrimeXBT’s high leverage, user friendly interface, and wide range of assets, but some express concerns about withdrawal delays and customer support. This allows users to automatically copy the trades of successful traders, known as Strategy Providers. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. 3 PrimeXBT fees: PrimeXBT offers some of the competitive fees.

MCB

For example, there are a number of customization options which allow users to alter the appearance of the charts. The broker does not provide any share CFDs or lower risk securities e. Currency pairs, commodities, and indices are traded without commissions. This article is not intended for residents of the European Economic Area or the United Kingdom. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. The fee rates can vary based on the currency pair and market conditions. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. Part of what drove Dogecoin’s price higher and started the bull run, was billionaire Elon Musk tweeting about the meme token. PrimeXBT positions itself as a platform that offers advanced security and copy trading, among other features. Bitcoin, as the oldest, and biggest cryptocurrency, has made gains of 9 million percent in 10 years; there is no other asset on earth that has competed with that. To claim your deposit bonus, register on PrimeXBT, make a qualifying deposit, and apply any required bonus codes during the deposit process. It was created and released into the wild by a pseudonymous individual or group of individuals by the name of Satoshi Nakamoto, who has since disappeared without a trace. PrimeXBT provides a wealth of educational resources to help users enhance their trading skills and knowledge. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Re: Disclaimer section above. Unlike most exchanges today, KYC verification is optional on PrimeXBT. I discovered that PrimeXBT’s FX and CFDs account features less competitive prices than the industry standard. These services are governed by the legal terms and conditions of PXBT. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. A Golden Cross is about to take place on the 1D chart. Igniting Industry Events. PrimeXBT is a quality broker for Forex and cryptocurrency traders. PrimeXBT offers a range of assets, including cryptocurrencies, forex, commodities, and indices, each with its own fee structure. Claim up to $7,000 in Bonus. 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. Thank you for trading with PrimeXBT. These features collectively provide traders with the tools they need to execute their strategies effectively.

Worse

PrimeXBT does not accept traders from The United States of America US Reportable Persons, 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, US Virgin Islands, and Northern Mariana Islands. 2 of PrimeXBT’s Terms and Conditions. However, it is important to keep in mind the temporary nature of the bonus and any potential limitations when using it. Happy trading, and we look forward to seeing more of your achievements. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. However, the interest rates on the loans only constitute a small risk, as long as the trade isn’t held for an extended period of time. Bybit has a great selection of over 400 crypto assets and almost 600 trading markets, which is quite impressive, it is no wonder that Bybit has become an oasis for crypto trading. Depending on your jurisdiction, some products or services might not be available. 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. Additionally, you cannot set stop losses and take profits directly from the order form. By leveraging this bonus, traders can gain valuable experience and potentially improve their trading outcomes. A cold storage wallet is a solution for storing crypto assets that isn’t connected to the internet. For instance, funding fees for BTC on Binance and Bybit were both 0. This is PrimeXBT’s biggest weakness. This transparency helps you choose a trader you’re confident in copying. Click on ‘Rewards’ from the ‘More’ section on the main menu to start earning. Collaborations with real world use cases may strengthen Cardano’s reputation and raise the likelihood of broad adoption. If anything, bear markets tend to be wherePrimeXBT finds its most user growth, in contrast to most crypto exchanges. Additionally, you cannot set stop losses and take profits directly from the order form. Great, now that we have covered a bit of head to head, let’s dive into each one a little more in detail. PrimeXBT charged me a withdrawal fee of 0. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions.