PrimeXBT Review Trustpilot: Detailed User Insights

The opinions expressed in this blog do not constitute investment advice and independent financial advice should be sought where appropriate. If you’re an Australian taxpayer, then it’s advisable to use tax software built specifically for Australia, otherwise the tax calculations may not be done correctly, putting you at risk with the ATO. 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. Welcome Offers and Sign Up Bonus: New users can receive a 100 USDT welcome bonus by depositing at least $500 within the first 48 hours after registration. Security features include but are not limited to. We personally contact support using all available methods and present hypothetical problems that users might face. 50+ important trading indicators help traders verify their research and understand the meaning of their studying charts. Due to the potential advantages it offers, as well as the distinctive opportunities and problems it presents, this notion has grown in popularity. We wanted to show our clients how much we appreciate them and offer them a way to explore the new. For traders on the go, PrimeXBT’s mobile app brings the trading experience to your fingertips. Once I finally get this resolved primexbt com I will update the situation. Limit orders are a great way to ensure you do not get filled at a less advantageous price. At PrimeXBT, we cater to diverse user needs with multiple deposit methods.

Introduction to PrimeXBT Overnight Fees

The exchange is also available for users in the U. While some are more straightforward and beginner friendly than others, you shouldn’t encounter any difficulties with either of the top rated exchanges. Additionally, the extended exposure to market dynamics during the staking period introduces price volatility risks that can impact the overall portfolio value. Finally, our investigation into PrimeXBT’s trading platform for traders in Namibia has shown a comprehensive, safe, and intuitive setting. The company that develops PrimeXBT Trade is Prime Technology LTD. You can withdraw your account balance at any time. Rather than depending on the follower’s count and their equity base, always focus on the strategy manager’s performance to increase profitability and lessen the risks. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. With its easy to use interface, all in one solutions, robust security measures, and extensive educational resources, PrimeXBT empowers new traders to navigate the complex world of Crypto Futures with confidence. I am way more confident and trade fx pairs with pleasure here. This is why it is such an important criterion for us when we complete these reviews. This reflects the relative size and influence of these companies within the US economy. Crypto futures fees are attractive at 0. 👉 Touch trading is a strategy where a trader enters a trade as soon as the price “touches” a key level, like support or resistance, without waiting for confirmation. From there, choose the investment you wish to stake, review the interest rate, network and flexi term options, then click stake. This feature is common amongst popular crypto exchanges and is a great way of balancing out your altcoin portfolio. Dear Salomon,We’re delighted to hear that you’re impressed with the responsiveness and helpfulness of our customer support team at PrimeXBT. Withdrawals are generally processed by the broker once each day between midday and 2pm GMT. This crypto exchange offers its users the ability to trade on its platform an impressive range of different cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin.

Can You Trade Futures on PrimeXBT?

Currencies and pairs available with PrimeXBT include. PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. It’s merely a three tiered membership program you buy into that opens up more perks the more you spend upfront. The withdrawal fee on PrimeXBT is 0. This has also opened new opportunities for new platforms to simplify various processes. During the protection period, creditors are not allowed to squeeze assets. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. The order form also displays recent trades and order book data. What are the risks of trying to create passive income with crypto. How to claim a 35% deposit bonus on PrimeXBT. Providing a great set of tools for traders is our goal, and we’re glad you’re enjoying it.

The Trustpilot Experience

If this is something that you would like to get involved with then you will need to get your referral code. We solely review signal providers, their work/analysis/provided education. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. PrimeXBT also fosters a sense of community by inviting users to exclusive events where they can network and learn new skills. Partners can track their earnings in real time, providing full transparency and control over their income. Disclaimer: These are the writer’s opinions and should not be considered investment advice. PrimeXBT does offer isolated leveraged trades, as well as cross margin. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page.

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Launched in 2018, it has quickly grown to serve clients in over 150 countries, providing them with access to top tier liquidity and a variety of trading tools designed to cater both novice and experienced traders. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. As the sentiments are intact, the bulls maintain trend control, and the daily chart indicators give a BUY signal. Can you buy crypto without KYC. If the margin is almost fully utilised due to the market exposure which was the case as it follows from your explanation, even a slight increase in the spread and associated unrealised loss can trigger liquidation to enforce the margin rule as the account’s margin becomes insufficient to maintain open positions. IT Services and IT Consulting. The benefits that PrimeXBT provides are outweighed by the negatives. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. In essence, what seemed like a profitable trade ended up in a loss due to these unexpected charges. This comes roughly a month after the platform’s monumental merge update. Cardano’s first price action was recorded in late 2017 and early 2018, so the relatively new altcoin is still well within price discovery mode. While Chainlink’s decentralized oracle network aims to eliminate single points of failure, the concentration of nodes in certain regions or under the control of specific entities could pose operational risks. Switching markets and searching trading pairs on PrimeXBT is straightforward. If you want to reduce the risk, you can simply open a smaller position. The exchange was established in 2019 and lets investors trade more than 330 cryptocurrencies, including with leverage. During testing, I received fast responses with a reasonable level of detail.

Futures Fees

This is just the tip of the iceberg – Tickeron also offers a pattern search engine, trend prediction engine, and real time pattern tools. To trade Cryptos, go to the Trade dropdown menu and select CFD Trading and your trading account. The above rules are only as good as they are enforced. This can increase both wins and losses. This means that traders only need to put down 1% or 0. Perform Market Analysis: Use PrimeXBT’s advanced charting tools and technical indicators to analyze market trends and identify potential trading opportunities. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Most of the funds that are held at PrimeXBT are kept in cold storage. How long can I keep a position open. Our website uses cookies. You can either elect to use a link with your code embedded or to give your referrals your code when they are signing up. PrimeXBT offers built in technical analysis tools. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. These platforms are available in the Client’s Personal Cabinet, they do not need to be downloaded and installed. We all know how YouTube works. A standout feature of PrimeXBT is its selection of crypto futures and perpetual swaps. If you need a fast response and aren’t getting one through the ticket system, reach out via PrimeXBT’s social media channels, such as X or Telegram.

Exclusive Binance Referral Code

PrimeXBT is an acceptable choice for day traders. Here are 8 tips for writing great reviews. PrimeXBT is available on both web and mobile platforms. By contrast, Bitcoin has a limit of 21 million, meaning it will never inflate above. In sum, PrimeXBT is one of the most secure platforms out there. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. There is Bitcoin trading with leverage up to 1:1000. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. You have crypto rewards waiting to be collected. JSE Top 40JSE All ShareJSE Top 100Industrial IndexIndustrial 25 IndexFinancial IndexFinancial 15Resource 10 Index. Some experts believe XRP’s capabilities could put it at the same level of adoption and industry respect as the gold standard of crypto, bitcoin, and the number one alt coin, ethereum. PrimeXBT is not currently available in the U. While the crypto trading segment is getting more and more mature, veteran trading heavyweights remain a smart bet for professionals and newcomers. In 2015, the Swiss National Bank abandoned the 1. If there is a case where a trader exhausts their equity and the value of their account falls below a certain level, they will get what is termed a “Margin Call”. KYC is optional on PrimeXBT.

Easy Payment

Because of the volatility of the cryptocurrency market, it is essential to carefully assess the project’s fundamentals, its market trends and dynamics, and real world adoption. Of course, there are plenty of whales that own both, just due to how crypto came to be. Users are able to engage in both cross margin and isolated margin futures activity. One of the best aspects of the platform is their support team. Get it in the Microsoft Store. Copy the Deposit Address: Copy the unique Bitcoin deposit address provided by PrimeXBT. PrimeXBT’s adherence to strict AML compliance guidelines, use of advanced blockchain monitoring tools, and prohibition of anonymous cryptocurrencies further solidify its commitment to preventing illicit activities. More recently, the oracle network is looking into integrating AI to shore up the security of blockchain technology based networks and transactions, which is an increasing concern in decentralized finance. 5 most popular PrimeXBT alternatives based on 0 customer reviews. Ready to reach your financial goals while managing risk effectively. Lightning Network’s total payments grew 1,212% over the past two years. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. If your deposit hasn’t appeared after a long time, check the transaction status on the blockchain. Learn more about why you can trust DayTrading. 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. I use there apps but the apps didn’t run smoothly.