◾️Can I use Stop Loss/Take Profit?

Areas for Improvement. 2024 00343, having its registered office address at PKF Corporate Services Ltd. PrimeXBT charged me a withdrawal fee of 0. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders. However, the broker does not provide Islamic accounts for swap free trading. After that, the English section “For Traders” will open, where there is a subsection “Education”. Shorting Bitcoin on PrimeXBT is possible thanks to the contract for difference market that enables price speculation without physical asset ownership. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. If you have decided that you would like to try out the PrimeXBT platform then you will need to register an account. There’s more to think about than just spreads, commission, and overnight fees when assessing your potential profitability. Binance: Binance is one of the largest and most popular cryptocurrency exchanges in the market. They have also designed this platform around “widgets”. Prime XBT is excellent. Traders can take advantage of bullish and bearish market conditions by going long or short. These products are not suitable for all investors. Before you can connect the Telegram bot to your PrimeXBT account, it’s essential to enable two factor authentication 2FA. PrimeXBT has a free economic calendar and publishes regular market breakdowns and weekly outlooks. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. In fact, PrimeXBT actually measured the slippage on their executed orders. Here are 8 tips for writing great reviews. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. We have the fee breakdown for a selection of assets in the table below. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives futures and CFDs. Learn more about Baksta’s Legal Terms. If not, the losses will be subtracted. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Like any investment, a thorough understanding of the platform, its offerings, and customer support is vital before getting started.

Trading from Mobile becomes so easy

2024 00343, having its registered office address at PKF Corporate Services Ltd. Conversely, experienced traders with a higher tolerance for risk might consider using higher leverage to potentially amplify their gains. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. As you may notice, trading signals offer more flexibility than automated copy trading. Receive the latest news and stay informed. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. This allows you to quickly swap one crypto asset for another on the platform. This fee is relatively standard in the industry, covering the transaction costs on the blockchain. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Overnight financing fees, also known as swap fees, are charged for positions held overnight. Ask or send us a message on Twitter. Next, we will summarize the key points discussed in this article. 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. 2 of PrimeXBT’s Terms and Conditions. For instructions on how to place orders click here. My experience with PrimeXBT’s customer support was mixed. 99% fee, not PrimeXBT. Trading fees on PrimeXBT are straightforward, with a flat rate of 0. Promo Code Limitations: When using promo codes, you can generally enter only one code at a time. Knowledge to use all the available tools. These tokens can be stored on any Ethereum based wallet. PrimeXBT is an acceptable choice for day traders. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. Users can view a detailed breakdown of fees associated with using the platform.

◾️ What markets can I trade?

Reply from PrimeXBT Copy Trading. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. 5% handling fee minimum 4. I rank trading costs among the most PrimeXBT CFD defining aspects when evaluating a broker, as they directly impact profitability. Although a slightly fantastical scenario due to the Dogecoin price, if a DOGE ETF is approved like Bitcoin, this will bring both renewed interest in the coin and attract institutional traders to the price of the coin. At this point, Shiba Inu is so speculative that it’s hard to tell if it will even exist in 2030. 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. In the next section of this PrimeXBT review, we will look at the key features of the platform. Email Newsletters and Forums. For starters, the safest place for your crypto is in a non custodial, cold wallet. The smallest unit of Bitcoin is called Satoshi which has a worth of 100 millionth of a Bitcoin. In terms of funding an account, there are no fees that are applied to inward payments. PrimeXBT offers leveraged trading of up to 100x on some assets. The first thing that you will notice about the platform is that it offers a large degree of customization. If you open 100 BTC position while having only 1 BTC on your account, you will utilise 100% of all available margin, and of course you will likely to get an immediate margin call and a stop out. Keep up the great work.

CONTATO

Only to find that you chose the wrong exchange for your needs. A bullish trend or a bull market happens when the demand from buyers is high. The following sections will delve deeper into each step of the payment verification process, providing detailed instructions and tips for users. 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. Comments: I registered a PrimeXBT account a year ago. While simplicity is the pro, there is a lack of indicators and drawing tools that will turn off some traders. As a result, no additional funds would be used to avoid liquidation due to an isolated margin. Contact our support team via live chat. The biggest concern about being involved in Dogecoin is that it could go to zero. Share strategies and collaborate using social tools. When it comes to crypto, PrimeXBT has a more modest range than some of the other exchanges in our list, including Bitcoin, Ethereum, Litecoin, XRP, and EOS. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments.

Can I customize the trades I mirror?

The volatile nature of the Cryptocurrency market often makes it highly unpredictable. PrimeXBT clients can fund their accounts using bank cards, e wallets, or cryptocurrencies, while withdrawals are exclusively processed in crypto. The millions of happy PrimeXBT users would probably disagree with me on this point. If the app is unavailable in your region, you can still access it through direct download from our site. Only to find that you chose the wrong exchange for your needs. Once logged in, users are welcomed by a new Home section. Similar to many crypto exchanges, PrimeXBT does not assist via telephone. 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. Below is a detailed comparison of the different payment methods available on PrimeXBT and their respective limits. The restrictions are primarily due to regulatory frameworks that aim to prevent financial crimes, protect investors, and ensure market integrity. PrimeXBT Trading Services, S. I’m going to start off with a big spoiler right off the bat. Primexbt Promo Code Get Bonus. To start trading on PrimeXBT, setting up your account is a breeze: Simply provide your email and create a secure password. Redemption is simple but has a minimum of 100 grams. There are two main types of storage for digital currencies: hot wallets and cold wallets. Monitor the execution and adjust your strategy as needed. Operating within a regulated environment is crucial for any trading platform, as it ensures the safety and security of its users’ funds and personal information. Our website uses cookies. Best regards,The PrimeXBT Team. The platform is simple to use. It is also worth noting that not every trade will be a full contract, so therefore the calculation needs to pay special attention to the position size. Get a unique referral link.

Should I invest in Ripple now?

I made some profit and withdrawed it. If you have the currency pair EUR/JPY in focus, the EUR, or Euro, is the base currency. PrimeXBT, in contrast to many other traditional brokers, specializes in offering CFDs trading on a variety of markets, such as indices, forex, commodities, and cryptocurrencies. Information regarding past performance is not a reliable indicator of future performance. The platform is user friendly and offers a highly customizable interface with advanced charting tools and technical indicators. Any withdrawal started after 12:00 UTC will be postponed to the next day. 2 To place an order, open the Trade interface. Price Cryptocurrency prices are volatile, and the prices change all the time. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. To deposit funds to PrimeXBT from the USA, follow these steps. Remember, though, volume isn’t the sole indicator of liquidity, as order size and spread are also pertinent factors in your trading strategy. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. As of writing, the platform has never been hacked or experienced a user loss of funds. © 2025 Nutty Scientists Santa Clara County 20830 Stevens Creek Blvd, Cupertino, CA 95014 650 383 7336. The idea of crypto copy trading is simple: find a trader who’s been doing well and copy what they do. PrimeXBT offers standard order types including market, limit, stop loss and OCO.

Rated 4 6

These products are not suitable for all investors. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. The Stellar Foundation provides clear and transparent accounting of these funds that anyone interested in seeing can review. However, I do understand that this trading style may not be for everyone. These tutorials include. States except Hawaii. 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. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases.

Makers

Reply from PrimeXBT Copy Trading. Learn more about other kinds of reviews. Clients can access more than 100 tradable instruments at varied trading fees. However, in this scenario, any extreme losses will be avoided. Margin trading can increase the size of your positions beyond the actual funds available in your account, but it can also increase your market exposure. Time frames range from one minute to one month, allowing traders to conduct in depth market analysis of forex pairs and other trading instruments, irrespective of their trading strategies. PrimeXBT Withdrawals are equally straightforward, providing a seamless way to manage your assets. It has five separate embedded wallets within the exchange. Its spreads are average to high compared to the industry average, barring cryptocurrencies. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. Firmly placing it in a position to challenge other Cryptocurrencies for the top spot, along with Bitcoin. Dear Vuyo,Thank you so much for your detailed feedback and recommendations. But we also want to make that process. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others.

GoyoCruzAponte

It is also wise to enable two factor authentication and address whitelisting to protect the account from any unauthorized access. This method effectively measures the capability of customer support to assist both active traders and casual investors. This being said, many traders are wondering if Ethereum will climb in the near future. With its global reach, it’s available in over 150 countries. For detailed tutorials see. PrimeXBT operates with a strong focus on global accessibility, ensuring compliance with local regulations in regions where its services are offered. Depending on your jurisdiction, some products or services might not be available. Yes, PrimeXBT employs advanced security measures to protect user data and funds. Returns or profits may be subject to capital gains tax. Also, do not use the same password for your email and for other services, as this could compromise your account should someone get ahold of your credentials. You need to select the platform that you will use when trading cryptocurrency. While KuCoin and Binance remain the kings of crypto trading contests, what is interesting about PrimeXBT is that the trading contests are done with virtual funds in a demo account where traders compete against each other but can win real rewards like USDT cash prizes.

Connect Wallet

Understanding these factors will help you make informed decisions and optimize your short selling strategy. That is not a criticism against them, these platforms are not in the niche of providing beginner and user friendly platforms, they are in the business of running advanced crypto trading platforms for serious and experienced traders. Doctor Profit, a prominent XRP investor, has shed some light on a comprehensive report published by BloFin on the long term potential of XRP. To better understand the whims of the market, one needs to consider that the market is a collective group of other speculative investors and traders. You have successfully purchased Bitcoin and it will be credited to your PrimeXBT wallet. In combination with PrimeXBT’s security measures, you can trade with peace of mind, knowing that your assets and personal information are well protected. The first pan Caribbean private equity fund dedicated exclusively to making investments in the CARICOM Region. Date of experience: July 11, 2024. Copyright © 2025 EA Trading Academy. To achieve this, we evaluate the availability of the necessary features and tools. That’s why we make all our legal documents easy to access. Short selling provides you with a way to still generate profits when the market is down or when you expect the market to crash. The terminal is distinguished by its high speed operations and advanced functionalities. The complex interface is unsuitable for inexperienced traders. It is possible to trade crypto during the day and night. You can update your choices at any time in your settings. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Dogecoin’s reputation was harmed, and its price potential hurt when TikTok users attempted to pump and dump the Cryptocurrency. DeFi is a trend that has helped Ethereum continue to strengthen its use case, moving more traders to buy Ethereum. Research shows that PrimeXBT boasts a number of features that BitMEX simply does not. Use this chart to help find out what level of risk managers are taking with their trades. They only have two types of fees, and these are the trade fee and the overnight fee. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice.

Connect Wallet

Unlimited for verified users. 071 USDT in trading fees. You can trade on OpenPeer directly from your self custody wallet like MetaMask or Trust wallet. In order to guarantee that traders can receive support whenever they need it, PrimeXBT offers extensive customer support. When used correctly, even a small price movement can amplify your potential profits and grow your trading account. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Whether you have a question about our platforms, or need help with your account, our friendly, multi lingual support team is available 24/7 via live chat and email. That’s why the team at Koinly has rounded up the best crypto exchanges without KYC where there’s either no KYC at all or where KYC is only required over a specific limit. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. PrimeXBT offers the following fee structure.

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Once a customer has decided which trader they would like to follow, they will need to make sure the funds they want to copy trade with are in their main wallet, not the trading wallet. PrimeXBT provides copy trading through its Covesting module, allowing users to follow and copy the trades of experienced traders. When using the system, users must have Ether in order to complete a transaction. While not a top tier jurisdiction, this provides a base level of regulation and oversight. Stop losses are perhaps the most effective tool in risk management when trading on leverage. Telephone number:010 449 4445. Below is an example of how leverage will work on the PrimeXBT platform. Crypto signals can be a great tool for both new and seasoned traders. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Date of experience: July 28, 2019. Given the high number of traders, the platform also offers greater liquidity than most others, with over $14. Si querés saber más sobre lo que dicen los usuarios, visitá nuestra página de reseñas de PrimeXBT. In this case, you do not need to enter a verification code: you will immediately get access to the Personal Area. The platform is user friendly and offers a highly customizable interface with advanced charting tools and technical indicators. The chart, from early 2018, was able to call for the eventual bearish breakdown of Bitcoin, to as low as $3,000 before it rebounded. To help you better understand the PrimeXBT bonus, here are some frequently asked questions and their answers. Add optional Stop Loss and Take Profit levels for better risk management. Like any investment, a thorough understanding of the platform, its offerings, and the customer and support team is vital before getting started. BTCC supports both USDT margined and coin margined futures, allowing for flexibility in trading strategies. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If you choose to adjust the purchase amount from, for example, $500 to $1000, you’ll need to restart the transaction process, which includes re entering your address and other relevant details. OKX stands out as a top alternative to PrimeXBT, offering a broader range of crypto products and services, plus monthly Proof of Reserve releases for enhanced transparency. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. We’ve rounded up 15 of the best non KYC crypto exchanges in December 2025. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. PrimeXBT places a lot of emphasis and effort towards their award winning trading platform and app.