A Look Inside PrimeXBT Crypto Futures

But in my opinion, these are mostly negligible issues that will only affect a small handful of individuals, if any. FTX Hacker Converts 50k Stolen ETH to BTC. A withdrawal address can be whitelisted by clicking the ‘Withdraw’ button for the asset you wish to withdraw, in your Dashboard. The platform offers its diverse customer base cutting edge products and professional trading conditions. Rewards: Account holders can earn rewards via the Rewards Center. Big traders often place large orders around important psychological price levels, such as $1,000, $10,000 or $50,000. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. Another mark of trust can be found in the star rating that each account receives. PrimeXBT – PrimeXBT is a new crypto margin trading broker established in 2018. The volatility in cryptocurrency means that it becomes a high reward investment, but that reward often comes with high risks as well. After all, if you want to enjoy margin trading Bitcoin users will probably have to face some charges along the way. Answers to the most frequently asked questions. They believe that the coin may well be trading by the beginning of 2026 at a price of $ 2. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Paste it into the destination field on the site/wallet service from which you are sending funds or use the provided QR code. The price rebounded on the 1.

PrimeXBT

The uită-te la asta fee will remain the same regardless of the amount being withdrawn. Prime Technology Ltd is PrimeXBT’s Technology Provider. The fees are available for Cryptos, Forex, Commodities, and Indices. Select the ‘Markets’ tab to switch between the available trading instruments to trade. This is the default leverage for all crypto trade and cannot be manually chaneged. The result is your profit. Total trade fee for 1 lot EUR/USD trade is. These crypto trading platforms offer more advanced trading tools than spot crypto exchanges, such as long and short positions. PrimeXBT allows users to deposit and withdraw BTC, COV, ETH, USDC, and USDT. 5 BTC position it would amount to 50x leverage against your Equity, and so on.

Tips for Cryptocurrency Margin Trading and Trading Strategies

For users who do not pre own PrimeXBT Crypto, PrimeXBT allows users to acquire Crypto with credit/debit cards, SEPA transfers, and through Coinify. More experienced traders can put their hands on less liquid coins as well. Bonus is added to the account’s Equity and thus can be used as additional collateral to open positions;. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. We understand that acquiring COV tokens for account membership and fee reduction purposes is important feature for our users. So it is up to you to report rule violations when they happen. Plus all of your assets will be kept in your own personal secure wallet on the PrimeXBT site. There is no doubt about that. As a commodity trader, you don’t typically have to worry about as much as you do in other markets when doing your research. Make sure to review our special article about the Affiliate program here. PrimeXBT is a pro privacy platform, which means that there are no mandatory KYC know your customer checks before you can start trading. 👉 Sign up for PrimeXBT and secure your 35% bonus. The most popular PrimeXBT comparisons. Go to the ‘Main’ section and click the ‘Transfer’ button next to the selected Wallet. You can now trade any asset on the PrimeXBT platform with either a. However, given certain regulations, there are some countries that they do not accept traders from. It lets traders sleep with peace of mind by having their phone on their nightstand, ready for anything the crypto market delivers. The PrimeXBT team has also made bold claims about their copy trading feature. If you are unable to find the confirmation email, make sure to check all email folders such as Spam/Promotions/Notifications/Updates etc. Bitcoinsensus will not be held liable for any losses that you may incur by speculating in the market. By signing up for PrimeXBT email newsletters, you’ll be among the first to know the latest updates and happenings from PrimeXBT.

100x Leverage

Tackle the fundamental questions of Web3 and prove your expertise. This trading venue is a mix between a crypto exchange, a crypto CFD broker and more recently, a Binary Options and Forex broker. Stop Loss and Take Profit protective orders can be added to a Limit, Market or Stop order as well as any open position. The options market tends to be favored by stock traders looking to take advantage of 100 share increments, as this is the standard contract size. The app also allows you to easily track your account balance, open positions, and order history. Traders can access information on Maker and Taker Fees, financing costs for both long and short positions, as well as maximum leverage/margin requirements for each asset pairing. To purchase BTC in US dollars, users can pay with Visa/Mastercard or via bank transfer with SEPA. Copy trading is a great tool for a lot of users with any level of experience. 1 BTC position instead. A Position can be either Long or Short. Your email is your primary form of ID. The highest possible leverage is automatically applied when opening a position, and you can control it by selecting the size of the position. Our website uses cookies. 0578% on morevolatile instruments like Natural Gas – a substantial reduction from previouslevels. Is that there are a handful of scam sites out there, so we’ll do all we can to help you avoid these rogue operators. This means deposit limits can be variable. And it doesn’t matter if you are working with a person or a company. Once the margin account as been successfully set up and funded, the next step is to start placing trades. For USDT, USDC and COV deposits are available. The partnership with Covesting makes it easy to do so from the PrimeXBT portal. Technical analysis is the study of candlesticks, chart patterns, indicators, and oscillators in relation to asset price action. Twitter: aylerTBMLinkedin. LINK has a total supply of 1 billion tokens, with 35% of these sold during the ICO in 2017, and about 55% of the tokens are still in the hands of its founders. PrimeXBT announced this week a $100,000 crypto bug bounty contest in preparation for the launch of the all new PrimeXBT Crypto Futures platform. The financing rate corresponds to the factual moment of charge not daily, annually, etc. Allow us to send you updates. Net was the most cautious, saying XLM would be worth $0. This module is provided by Covesting, a fully licensed DLT services provider.

How much is PrimeXBT worth?

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. On the copy trading page of the platform, you click follow and then pay a fee based upon trades. With a margin account, the same $10,000 could be lost entirely with one improperly managed position. As the world of cryptocurrency becomes more mainstream, exchanges are working hard to ensure that they can meet the needs of both retail and institutional investors. Mobile players enjoy the full Metaspins experience out of the box including. 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. Instantly executed limit orders are subject to Taker fees. Please note that PrimeXBT reserves the right to initiate KYC verification procedure in certain situations.

What are the fees?

The platform’s innovative 5 star rating system reveals the most consistently profitable, disciplined, and skilled managers across the site. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Additionally, users can trade Crypto perpetual contracts via the Crypto Futures interface. All pending withdrawals are processed once a day between 12:00 and 14:00 GMT. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Make sure to additionally review our special guide about Account verification. This gives the trader the advantage of making money on “borrowed funds”. The reviews seem quite similar for both apps, though it can’t be too bad as the ratings are average 3. Trade global markets including Cryptocurrencies, Stock Indices, Commodities and Forex from your mobile device. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. Copy trading refers to a special way of interacting with other module users. If you choose to simply guess where things are going, you do have the possibility of being profitable occasionally, but the longer term success is highly questionable.

Exchange Price Comparisons

This makes for a daily rate of 0. The tool was created in partnership with the licensed fintech developer Covesting and is a leading competitive advantage for the PrimeXBT trading platform. Another popular type of copy trading is social trading. This phenomenal growth, though not a guaranteed future outcome, highlights Ethereum’s potential for significant long term appreciation. Overnight Financing is incurred any time a position is carried into a new trading day, at 00:00 UTC. Choose your preferred cryptocurrency and copy the deposit address. Learn more about Baksta’s Legal Terms. Also, very important is to make sure that your stop loss will be hit before your liquidation price. Yes, feel free to download the iOS App or Android App. Another cool feature that sets PrimeXBT apart is that users can design their own trading contest for their communities. Dear Hossni,Thank you for your positive feedback. At PrimeXBT, we strive to ensure our customers have a smooth trading experience. A short position can have various reasons from speculation to hedging downside risk of a prior long position where you have purchased the asset. You can receive payouts of up to 50% of trading fees commissions paid by your referrals. These robust capabilities empower traders to perform with accuracy and efficiently by providing a clear oversight of all transactions, positions and orders, while concurrently trading directly off the chart. The community is a pillar that supports any new technology. I’d like to point out that trade fees can be reduced by up to 50% based on turnover within the last 30 days or by activating various promotional codes. Make sure to review our special article about the Referral program here. When the Bitcoin price touches the liquidation price, our position on PrimeXBT gets “liquidated”, which basically means that we lose our initial margin.

Sarah Chambers

Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. The Dogecoin blockchain operates similarly to other major Cryptocurrency networks like Bitcoin and Litecoin. Positions do not have a time limit and can remain open indefinitely, as long as available margin does not drop to 0%. In terms of fees, PrimeXBT is on the lower end of exchanges. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. All successfully activated promo codes, as well as account status discounts, will be reflected in the ‘Promo campaigns’ module. When using an isolated margin type, your leverage is capped at x100. 0 blockchain ecosystem. PrimeXBT is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. Users are required to verify their accounts to deposit and withdraw Fiat currency. Click on the ‘Register’ button located at the top right hand side of the webpage on the website and then enter the required details and submit. COV tokens can be picked up directly on PrimeXBT by exchanging BTC, ETH, USDT or USDC for COV or alternatively be purchased on KuCoin or swapped on Uniswap. YOU SHALL CHECK YOUR APPLICABLE LAW AND BE FULLY RESPONSIBLE FOR ANY NEGATIVE IMPACT ARISEN FROM YOUR RESIDENCE COUNTRY REGULATIONS. On the Deposit section of your account specify the detail of your deposit. All contents on this site is for informational purposes only and does not constitute financial advice. The support and resistance levels and the trendlines formed can be analysed further to create one visual line representation. Centralized crypto exchanges, also known as CEXs, are intermediaries that facilitate trades between buyers and sellers. Any site that lets you trade everything from Bitcoin and gold to currency pairings and indices should give you plenty of investment options. Overall, PrimeXBT only charges two types of fees – the trade fee, charged for entering the position, and the overnight fee, which is for financing the position.

4 5

” will probably be answered in 2024. You have crypto rewards waiting to be collected. You can open max position of 2 BTC. Google launched the Quantum Supercomputer, Bitcoin’s ‘end day’ has come. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Followers’ profit share will depend on a COV Membership tier only, regardless of the Following amount. Additionally, you may select the ‘Didn’t receive email. In this case, if your TP/Limit buy order was NOT executed, this means that the ASK price of the asset has NOT reached the price specified in your order. This duration accounts for the necessary security checks and processing time. However, the platform could add additional options in the near future. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. This is where the entire available balance in a user’s account is used as collateral for positions. This site is using Cloudflare and adheres to the Google Safe Browsing Program. PrimeXBT Coupon: Save 25% on All Trade Fees. It offers a variety of features for its users, and, most importantly, it’s a place where traders can engage in different markets. Commodities and indexes have a larger variation in trading hours due to local trading hours. Step 4: You will now see a box open that asks you to enter an amount, order type, and price. This site contains affiliate links to products/services. Anyway, at 10x Margin, you’d lose nearly 10% of your principal for 1 day of financing, which is absurd. However, make sure you understand the damage that misplaced margin trading can cause before you undertake it. Regulated: FSC of BVI.

Most Secure Wallets To Start With

If you have a highly leveraged day trade and it happens to be live at 00:00 UTC, even if it’s been on for just 5 minutes, it may literally wipe you out on financing fees alone. Why will Stellar XLM increase its price in the future. 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. Choosing the champion depends on your desired level of automation, social engagement, and platform stability. Lastly, when it comes to withdrawals, PrimeXBT is one of the few exchanges that require a mandatory white labelling of Bitcoin addresses. If you have an active community, are an influencer with a following, or run an education center, you can also reach out directly to the platform and get a specialized offer that is tailored to your needs and capabilities. There is no complexity or hidden policies involved. Type above and press Enter to search. These are instruments that allow traders to benefit from price fluctuation in an instrument without actually owning it outright. Registering an account to start trading on PrimeXBT takes just a few minutes. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. The platform is incorporated in Seychelles.

Web3 Starter

Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. Combining these advanced trading strategies that more experienced traders rely on, along with detailed technical analysis, can lead to substantial results. Additionally you can deposit directly to your Global Markets and Crypto Futures trading accounts by preselecting the destination upon your deposit to the platform. Nevertheless, there is always room for improvement. Read more about KYC policy. In this PrimeXBT review, we will cover the platform itself, the features it offers, and will also give you some top trading tips that you need to know. In addition to the traditional asset classes mentioned above, PrimeXBT expanded its offerings with the inclusion of industrial base metals such as aluminum, zinc, copper, lead, and others. Bitcoinsensus will not be held liable for any losses that you may incur by speculating in the market. When compared to other cryptocurrencies, Dogecoin’s performance has been highly variable. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. This opens up the possibility for much larger gains if the trader has positioned themselves within the market correctly, but leveraged trading can also lead to quick and major losses if the trader is on the wrong side of the market. They also offer a variety of trading tools such as long/short trading, Bitcoin leverage, and charts for crypto, forex, stocks, and commodities. As mentioned, TRON is a decentralized blockchain platform aimed at the content and entertainment space. Content is written free from bias and is fact checked where appropriate. The explosion of popularity in cryptocurrency has also resulted in a big increase in the number of crypto trading bots available, either for free from open source platforms or licensed to users in exchange for flat fees. You can continue trading with the negative balance as long as it does not exceed the Bonus amount and the Trading account Equity remains positive;. PrimeXBT supports deposits in BTC, ETH, USDT, USDC, and COV. Overview of PrimeXBTPrime XBT is an online multi asset and multi currency margin trading platform which support the trading of cryptos, stock, and forex. Bitfinex was one of the first cryptocurrency exchanges, founded in 2012 to deliver the finest trading experience for retail, professional and institutional customers. I have explained how this company offers isolated and cross margin futures contracts, its highly accomplished and customizable dashboard, and even the PrimeXBT copy trading module. Phase 1 Lucky Draw winners have just been rewarded. This unique tactical approach requires assessing multiple complex factors driving volatility shifts across assets to time entries and exits in trades effectively. The easy sign up process with no KYC is a major benefit for users who value privacy and want to begin trading quickly.