PrimeXBT Customer Support

The young BitMEX competitor has only come up in spring 2018, but they are already one of the leading platforms in their field. You can learn more about their withdrawal fees on their dedicated FAQ page. 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. His early work in the industry is part of what made the space what it is today. So, with $1,000 and 5x leverage, you could control a position with a $5,000 notional value. 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. $20,000 or equivalent for unverified users. Implementing these strategies can help you maximize the benefits of PrimeXBT bonuses, leading to more profitable trading experiences. During the investment, the share price rises 33% to reach $80. Users can contact customer support by email at. Suppose traders want to buy Bitcoins, they can do so by clicking on the ‘Buy Bitcoin’ button. Users, BYDFi offers a secure and reliable wallet with excellent support for multiple cryptocurrencies. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. PrimeXBT offers up to 100x leverage on crypto and 1,000x leverage on some forex pairs. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. When it comes to approaching the stock market, there are so many different options across so many different countries, and. PrimeXBT stands out in crypto for its simplicity and versatility. Keep in mind that leveraged trading incurs considerable risks. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. This minimized my losses and still only cost 0.

◾️My deposit is ‘Completed’ but I do not see my funds

We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Understand the risks before trading with leverage. 24/7 multilingual customer support. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. Bitcoin is considered digital gold, digital money, a hedge against inflation, and more. I also downloaded and I used their android app. Learn more about Baksta’s Legal Terms. So if you place a leveraged trade make sure as hell it is not anywhere close to 00:00 UTC. Token holders can propose and vote on protocol changes, network parameters, and the addition or removal of parachains using an advanced governance architecture. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. 01% and the taker fee is 0. To seize this exclusive welcome bonus offer.

How to Trade Crypto Futures on PrimeXBT in October 2024 – Easy Guide

Overnight financing is not charged on weekends for markets that are closed during this time, however a triple financing rate is due on Thursday 00:00 UTC. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Up To 50% Deposit Bonus At PrimeXBT Today. The company’s clients can buy and sell crypto futures with a fixed commission: 0. Charts are powered by TradingView, giving users the full suite of technical indicators and drawing capabilities to carry out comprehensive technical drawings. Short term traders often focus on hourly charts, while long term investors analyze daily or weekly charts. Despite the recent setbacks to the industry and asset prices, the cryptocurrency market continues to capture the attention of traders around the world. We personally contact support using Mã bonus PrimeXBT all available methods and present hypothetical problems that users might face. That loan is made available by your broker and requires collateral, which is called a margin, in trading circles.

What Are the Downsides to a Limit Order?

Claim Your $2200 Bonus. You can then choose to mirror the trades of traders who suit your goals and risk appetite. The PrimeXBT smartphone app was awarded Best Crypto Trading App from The Forex Awards. However, that does not mean that Ethereum can’t still be an excellent investment. Note that in the terms and conditions, it is clearly stated that the company does reserve the right at any time to conduct a verification of a client’s identity or source of funds. PrimeXBT is a cryptocurrency exchange that offers leveraged trading for several digital assets, including Bitcoin, Ethereum, and Litecoin, among others. For traders seeking to amplify their potential returns, PrimeXBT offers leveraged trading options. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. Titles should accurately represent the content being linked to and not be in all caps. We believe that alongside the reviews from our users, the opinions of our employees and leading specialists are equally important. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. However, depositing or withdrawing fiat currency will require KYC identity verification. In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market. Only for verified users. With that said, please be aware that cryptocurrencies are already extremely volatile, and we can’t in good conscience recommend trading cryptocurrencies with margin/leverage.

Ratings and Reviews

Date of experience: August 07, 2024. Unlimited for verified users. They are also imperative as a risk management instrument to limit losses especially when it comes to leveraged trading. XRP Whale Activity Hits Four Year Low: What Does It Mean for Traders. By being a Member of the Financial Commission, we’re able to offer you and all our clients an extra layer of security. Com, and we’d be happy to assist you. Instead, we had to sift through the responses to find the specific topic we were looking for, which was rather annoying. The platform has introduced new tools for risk management, such as enhanced stop loss orders and portfolio analytics. When used correctly, a sufficiently margined position will amplify positive market movements, multiplying potential profits. Copy Trading Agreement. Once everything is ready, the clients can start copying trades of the chosen traders. Fees are an essential component of any trade and can affect the profits of a trader, which makes platforms with transparent, low, and no hidden fees an ideal exchange for any trader and investor. Prime Technology Ltd is PrimeXBT’s Technology Provider. PrimeXBT is quite transparent with its fees. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. Instead of buying the full value of an asset, you only need to deposit a fraction of it, known as a margin. These services are governed by the legal terms and conditions of PXBT. Aside from their advanced crypto trading tools, they also offer other types of trading as well. However, PrimeXBT pulls away from its competitors in the cryptocurrency exchange industry through its range of CFDs extending beyond cryptos. Deposit $300+ and start trading within 48 hours after registering. These products are not suitable for all investors. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. Note: Users located in the US and UK are not supported. High ratings globally. Reply from PrimeXBT Copy Trading. Sudden pumps and subsequent dumps are to crypto what apple pie is to America – a trademark. YouHodler: BTC and Crypto Wallet. The responsive design ensures a consistent experience across both desktop and mobile devices, with the mobile version offering full functionality without the need for a separate app download.

FAQs About PrimeXBT Trading

To reset PrimeXBT back to default settings, go to the platform’s settings menu, locate the option for “Reset to Default” and confirm the reset action. Exploits or vulnerabilities in the oracle network could lead to inaccurate data feeds, potentially impacting applications relying on Chainlink. The platform also recently introduced a new way to convert fiat currencies to Bitcoin to fund user accounts to begin trading. Offer is Applicable: All traders. Security features include but are not limited to. Well, it’s tough to catch these values, becuse they are usually wider, nevertheless it doesn’t mean that you will be ripped off by the broker and its liquidity providers. The smallest unit of trade per position is 1 unit of the commodity, while the largest is 1,000 units. The platform employs a multi signature withdrawal system to enhance the security of user funds. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. PrimeXBT charged me a withdrawal fee of 0. Engage in Crypto, Forex, Commodities CFDs, and Indices CFDs trading. Because this is a short position, you deduct the closing price $7,354 from the opening price $7,400 of your position to calculate profit, before multiplying by its size of 10. When you trade CFDs, you’re betting on price changes from when you open to close a contract. EA Trading Academy does not hold registration as an investment advisor, broker, or dealer. Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. When sentiment turns negative assets will react with bearish price action and fall in market price rapidly. To conclude our PrimeXBT review, this exchange is ideal for all who are interested in margin trading on cryptocurrencies. Scan this code to download app. Required fields are marked. Open the downloaded file and tap Install to complete the installation. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The oracle Chainlink addresses a string of characters that will point the user to a specific process or collection of data to be used on the blockchain. Encryption plays a crucial role in protecting the privacy of traders’ financial and personal information. 2024 00343, having its registered office address at PKF Corporate Services Ltd. International users who can use FTX International may prefer FTX, and international users at both FTX and PrimeXBT can trade without KYC as a bonus. 3 billion fine for failing to comply with AML regulations. The financial and market information provided on U.

Does PrimeXBT require KYC?

The platform offers competitive spreads on a range of trading instruments, including cryptocurrencies, forex, and commodities. Starting in early 2019, PrimeXBT has expanded its ground to opening St. From there you will be able to transfer your Bitcoin from the Trading Account to the main on platform wallet. To deposit PrimeXBT supported Crypto held on an external wallet, go to the Main page,. The Coinbase mobile wallet is a useful feature that allows users to store various cryptocurrencies, including the ERC 20 tokens, safely. Check out these trading options. After registration, you will go to the Personal Cabinet with the trading platform, where you can. 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. What is the performance of these tools in practical trading scenarios. The other popular way to short Bitcoin is contracts for difference CFD. 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. However, much depends on the adoption of blockchain technology and its applications. Visit PrimeXBT Platform and get 35% on Your First Deposit. To the left of this is the option to switch from a candlestick chart to a line graph or bar graph. Use of Scripts and Expert Advisors: Expert Advisors, programs, or scripts demonstrated within the website are for educational and demonstration purposes. Information regarding past performance is not a reliable indicator of future performance. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. Let’s say you use $1,000 of margin to borrow and sell $5,000 worth of Bitcoin futures using 5x leverage. Cash Settled is by far the most common way a futures contract is settled, as most futures contracts are now made between speculators. This type of candlestick chart analysis can help traders understand where to place limit orders for entries, or stop loss orders in case the market goes against them. The major pairings include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, and USD/JPY. 1% of the required capital in order to take out that position. Dear Leonardo,Thank you for your review. These services are governed by the legal terms and conditions of PXBT. From there, Day Trading is a lot about practice. Yes, most trading platforms allow you to set Stop Loss and Take Profit orders to manage risks and secure profits automatically. As a derivatives trading platform, PrimeXBT does not offer any spot markets. Capterra is free for users. PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives futures and CFDs. PrimeXBT offers mobile apps for both iOS and Android devices, allowing you to trade on the go.

Which PrimeXBT referral code to use?

Hello Mehmet,Thank you for sharing your experience. Firms would need to ensure that their anti money laundering practices and procedures comply with EU rules. So, before investing your hard earned money, you have to take enough time you need, check the proposal, be skeptical, research the investment and report the forex frauds if necessary. PrimeXBT offers many ways to fund and withdraw money, fitting different needs. Your initial value of the position at $12,000 now is worth $9,960 – of which $6,000 needs to be paid back. If you enjoy a more traditional trading experience, MT5 may be for you. Very High Triple A rating by Certified. I got around to it only to have it rejected. I believe that blockchain technology can build a brighter future and am excited to be part of it. Most traders think there are only crypto assets but besides that you can trade forex, commodities, indices assets. To take advantage of and claim the Welcome Bonus offer. Information regarding past performance is not a reliable indicator of future performance. PrimeXBT is thrilled to announce that our community now exceeds 1 million registered users. BitMEX has a strong track record of security, with no major breaches reported since its inception.

Recent Comments

It’s also where you access your margin trading, turbo predictions, and covesting strategies features. Information written by the company. Com does not provide any financial services, including investment or financial advisory services. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. Of course, this is a double edged sword and leverage can seriously hurt a trader’s account, appropriate risk management is a must. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. There isn’t a dedicated PC app, but the platform can be accessed via any web browser. That covers the products, but a good selection of products and features may not mean much if the platform is deplorable, so let’s cover user friendliness. Prime XBT Trading Services, S. PrimeXBT bonuses are designed to provide traders with additional funds, rewards, and benefits that can be used to enhance their trading activities. If you need further assistance, don’t hesitate to reach out at. There isn’t a dedicated PC app, but the platform can be accessed via any web browser. Throughout my testing, the app performed smoothly without any bugs or glitches. When shorting an asset, you are using borrowed money. If you have been around the cryptocurrency market for even a short amount of time, certain words pop up again. 2024 00343, having its registered office address at PKF Corporate Services Ltd. PrimeXBT supports a wide range of countries, offering traders from these regions full access to its trading services and features. Customer service is none existence and takes 3 weeks to get back to you and that’s with constant chasing. Claim $100 by depositing a minimum of $500 within your first 48 hours. They were traditionally used for commodities, like oil, gold, and corn, but futures markets have since been extended to include currencies, stock indexes, energy, and government bonds.

Swap

A stop loss closes your trade automatically when the price reaches a pre specified level, allowing you to precisely determine your potential losses before even placing a trade. Scan this code to download app. The highest possible leverage is provided automatically upon opening a position, and you control it by choosing the position size. Get access to a wide range of trading, investing, and Crypto services from a single app. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. PrimeXBT, a leading trading platform, offers high leverage options, enabling traders to maximize their potential returns. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. Users are responsible for understanding the operational mechanisms and risks associated with automated trading systems before use.

CiscoPantaleon

By incorporating these elements into your trading strategy, you can enhance your trading performance and achieve consistent profitability on PrimeXBT. Cryptocurrencies like bitcoin are treated as property by many governments around the world—including the U. Trade the Futures market with perpetual contracts on popular Cryptocurrencies like Bitcoin and Ether, with flexible funding rates and low Maker/Taker fees. It’s a multi asset exchange that provides you with the option of trading 50+ markets across three segments, including cryptocurrencies, traditional stocks, and forex markets. A long position is an entry expecting the price of an asset to go up. Learn more about Baksta’s Legal Terms. However, if you’re in the US or Canada it’s not good news. Thank you for choosing PrimeXBT, and happy trading. The complex interface is unsuitable for inexperienced traders. Trading fees are a really important consideration as they can directly impact your profitability in the long run. As corporate giants like Nike and Starbucks adopt Polygon’s technology, POL ex MATIC’s long term growth potential appears strong. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. @official forex management page. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills.

Worse

PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Vincent and Grenadines Sudan Suriname Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Türkiye Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe View as list. The fiat withdrawal process was straightforward but took a long time. All information on this website serves only as general educational information. Select the Margin account on which to activate the code. Crypto Deposits: PrimeXBT offers free crypto deposits. We’ll delve deeper into these implications in the next section. Make sure that you practice adequate risk management. Now you will have your 35% Welcome bonus deposited in your PrimeXBT wallet. Price of Bitcoin is influenced by a variety of factors, including market demand, regulatory developments, and global economic conditions. Email usto arrange a time to discuss. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. However, it’s still unclear whether the platform merits investment. If your account equity falls below a certain level, PrimeXBT will issue a “Margin Call,” automatically closing negative positions to manage risk, resulting in lost funds. 0 blockchain ecosystem. PrimeXBT offers mobile apps for both iOS and Android devices, allowing you to trade on the go. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. The platform also charges overnight financing fees for positions held overnight. Read the remaining part of this article here. Market, but can cite non manipulative reasons to trade, will not be liable for market manipulation. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. For cryptocurrency deposits, PrimeXBT does not strictly enforce a minimum deposit amount. PrimeXBT enhances user security through measures such as. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Overnight Financing: For leveraged positions held overnight, PrimeXBT charges an overnight financing fee, also known as funding fee. You can also look for potential chances of partnering with other names in this industry.

غرفه باربیکیو​

PrimeXBT is a standout in the crypto trading world. A trading strategy is simply a method in which to approach markets. One effective approach is to optimize the number and size of trades. Before that, however, Cardano ADA price set a temporary low in 2018 at $0. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. PrimeXBT provides a wealth of educational resources to help users enhance their trading skills and knowledge. 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 is popular for crypto traders who are looking to diversify and take advantage of correlation opportunities across different asset classes. 🚀 With options for orders, high leverage, liquidity, advanced tools, customizable charts, and 24/7 support, PrimeXBT ensures a secure experience with PIN, face ID, or fingerprint authentication. Best regards,The PrimeXBT Team. PrimeXBT presents an interface that’s both customizable and user friendly. Profits from crypto copy trading will come with a tax bill and especially if you’re following an experienced trader, your transactions can add up. It’s important to review the fee structure for each currency pair you plan to trade. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. PrimeXBT offers an award winning crypto futures platform that supports copy trading. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. ‍Editorial disclosure: The editorial content on Bitcompare is not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. The core thing to understand is that traders are automatically provided with buying or selling power, which is equal to 100x times of their balance. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. 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.