◾️Why is my order rejected?

Contracts for difference CFDs are derivatives that speculate on the underlying asset’s price without physical ownership. The platform offers a very limited range of crypto futures markets and conditional orders. Right now, there is nothing about Prime XBT that I dislike; everything functions well for me. Yet, PrimeXBT is not available to traders in the United States due to regulatory issues. Some customers report that the apps are solid and very useful, while others complain that the platform is slow and glitchy. Here are some of the most important pros and cons of margin trading. PrimeXBT provides 24/7 customer support via live chat and email. When placing a market order or otherwise to trade Cryptocurrency, traders will want the order to fill as close to the selected entry. While Layer 2 solutions like Polygon continue to gain traction, several key events could impact price movements throughout the year. Dear Teboho,Thank you for your feedback. For residents located in these countries or traders who prefer spot trading which is more common, I recommend checking out our OKX review and Binance Review. You’ll then receive a confirmation code in your email inbox. Furthermore, PrimeXBT stands out from the competition thanks to its competitive spreads and high leverage choices up to 1:1000 for currency pairs. There are two classes of assets available for trading: futures and CFDs. You can find all of this information right here at Crypto Parrot. This article is not intended for residents of the European Economic Area or the United Kingdom. This process ensures compliance with anti money laundering AML and counter terrorism financing CTF laws, aiming to reduce risks like money laundering and fraud. Market orders are orders to place a trade immediately for an asset at whatever the given market price is at that moment. Thanks for your support.

◾️How can I secure my PrimeXBT account?

I find it enjoyable to replicate the tactics of fellow traders and appreciate the versatility of being able to engage in multiple markets. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. We may include partnership links, but they don’t affect our ratings or recommendations. The latter will not apply if you enter and exit the position within the day. And please keep in mind that these are only valid for the period of time surrounding the writing https://primexbt-company.com/metodi-di-deposito/ of this article at the end of November 2023. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Moreover, the exact leverage users will be allowed for the position also depends on the type of asset that traders trade. Traders use this order type to improve their entry/exit price, however they do not guarantee execution as there is a chance the market may not reach the limit order level. We’ve got you covered with access to 100+ global markets on one platform. ” community for WTFing TradingView. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. Trading spot allows for immediate delivery of the underlying Crypto or the spot contract. It has a daily average trading volume of $545 million which should give you some idea of scale. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Let’s take a bird’s eye view of the products available on PrimeXBT. However, its highly volatile market nature warrants careful consideration for long term investors. Only for verified users. Double click trading: This feature enables traders to send new orders, cancel working orders, and close positions without confirmation, all with just a double click. This ensures that brokers are protected if traders cannot meet their obligations. We encourage you to explore these resources and the various XRP investment options available through our services. The former is a fee that is charged for entering the position and the latter is for financing the position overnight. To summarize the comparison, here are the pros and cons of PrimeXBT and Bybit, highlighting the strengths and potential drawbacks of each platform. When your referrals register and trade on the platform, you receive a bonus based on their trading activity. No, on PrimeXBT, only one bonus can be active per transaction. We have the fee breakdown for a selection of assets in the table below.

24/7 Support

This is what I discovered about the several entities operating under the PrimeXBT trade name. Read Chipper Cash Reviews. Some products and/or services might not be covered by the Compensation Fund. However, it’s crucial to remember that this power comes with amplified risks, leverage can also exacerbate losses if the market moves against you. The lack of transparency regarding the founders, leadership, and Proof of Reserves is concerning and may deter some traders. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Short selling is the process of selling an asset with the idea of profiting from falling prices. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. By participating in staking, individuals commit their DOT tokens for a specific duration, reducing liquidity during this period and obviously affecting DOT price, since it limits supply. This makes Cardano one of the most successful blockchain projects. If it is quite a sizable withdrawal it may take quite a bit of time if there are not enough funds in the hot wallet, they may have to access some from their offline cold wallets. Easily buy Crypto with Visa or Mastercard. While some may be tempted to use a VPN to get around this seeing as the platform doesn’t enforce mandatory KYC, MEXC is clear that any users who break its terms and conditions for using their platform may have their account suspended and access to their funds revoked. Trading Fees: The platform charges a flat trading fee of 0. PrimeXBT charged me a withdrawal fee of 0. Proper preparation through technical analysis is also a risk management strategy. 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. The only challenge I am having now is trading futures which became unavailable in my location. A company incorporated in St. The platform has cool features like one click trading execution and double click trading. 05% commission applied to the raw spread. A pleasurable deal for you when shopping at Primexbt: “enjoy $80 credit on all products with Primexbt coupon code”. And that can make it difficult for entries and exits on your trade plan. To get started with PrimeXBT, simply create an account, deposit funds, and don’t forget to use the CRYPTOAFFILIATE promo code to take advantage of their generous sign up bonus. 20 x 60 = $ 1200 profit. Most of the coins kept at PrimeXBT are stored in cold storage, off line and disconnected from the internet, avoiding any risk of hackers penetrating the network. Because crypto is currently in a bull market, investing in any coin in 2025 could very well be profitable.

Copy Trading

At PrimeXBT, we’re committed to providing a platform that supports your trading efforts and helps you achieve your financial goals. Key benefits include. Swap rates on leveraged overnight positions are the most ignored trading costs. With a blend of contemporary crypto trading and traditional financial instruments, PrimeXBT positions itself as a multifaceted platform for both novice and experienced traders. The first step in your trading career is to open up your first trade. This effectively makes you “net neutral. However,I think commissions for maker and taker could have been lowing. The bonus funds provided by the sign up bonus promo code are subject to certain usage restrictions. This scenario highlights the risk management aspect of stop orders, which can be a saving grace in turbulent markets. 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. The PrimeXBT platform has plenty of tools available to suit traders of most skill levels.

Understanding Trading Fees on PrimeXBT

Make sure you understand the difference between Spot and CFD trading before getting started. By following these steps, you can maximize your trading potential with PrimeXBT bonuses, allowing you to trade with additional capital or lower costs. You will find plenty of service providers who don’t offer your preferred method of payment and this might result in you having to make accommodations for the online service. Starting Price: Available on Request. For example, if you deposited with Volet, you must also withdraw using Volet. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. A trader can analyse the crypto market through technical analysis or fundamental analysis. By strategically choosing the appropriate order type, you can enhance your trading efficiency and minimize costs. In the following sections, we will delve into the specifics of PrimeXBT’s user demographics, geographical distribution, and usage patterns. With this also comes high cybersecurity standards that are regularly tested and audited to protect client’s capital. Trade 100+ markets like BTCUSD, EURUSD and SP500. 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. 2 of PrimeXBT’s Terms and Conditions.

Who regulates PrimeXBT?

With the help of PrimeXBT’s copy trading feature, inexperienced traders can monitor and replicate the trades of seasoned, profitable traders. Please remember to manage your risk carefully, and if you need any assistance or have questions about our tools and features, feel free to reach out to us at. The approval and confirmation process involves the following steps. With support for multiple cryptocurrencies and instant fiat deposit options, PrimeXBT ensures that traders can quickly and easily fund their accounts to start trading without delay. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Remember to add the 2FA verification protection before you start. Therefore,the broker will be a good choice for professional traders. This allows you to significantly increase your market exposure and profit potential. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. Go to Settings > Security and enable Install from Unknown Sources if prompted. Between optimism surrounding a crypto friendly trump administration, strong institutional inflows, and a spike in activity among Bitcoin whales, Bitcoin still has the potential to rise above 100k. Cross margin on the other hand, doesn’t limit your position, but requires more monitoring. Business Development Manager Latam region.

U S Manufacturing Contracts for 9th Month, PMI® Rises to 49 3% in December

At PrimeXBT, we’re turning up the heat during the Euro 2024 tournament with an exclusive giveaway that could see you. Information regarding past performance is not a reliable indicator of future performance. Instead, there is only one account providing all the broker’s services with no limits based on deposit size and trading volume. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. After that, multiply that by $1. It supports users 24/7 when there are questions or problems. Losses can exceed the initial investment. Yes, PrimeXBT employs robust security protocols to protect user funds during deposits and withdrawals, ensuring a safe trading environment. Bitcoin is on the cusp of widespread institutional adoption, and altcoins. 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. Fees which traders should take into consideration are. Send Crypto to anyone, as long as you know their wallet address. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. Only to find that you chose the wrong exchange for your needs. The absence of mandatory KYC and AML measures increases the platform’s risk of investigation and sanctions, similar to Binance’s $4. Areas for Improvement. Global USA not allowed. 2024 00343, having its registered office address at PKF Corporate Services Ltd. I found the KYC process to be straightforward, with my account being verified instantly.

Risk warning

How to participate in the tournament. I cannot recommend PrimeXBT as a reliable option for crypto trading. The isolated margin amount can be tweaked for open positions. Keep in mind: Staying informed about the current security features and past incidents is essential for making the most secure choices in your crypto trading activities. We appreciate your feedback and are always here to help. Trading Cryptocurrencies instead of just holding lets traders go long or short through derivatives contracts like CFDs. However, if traders are to withdraw funds from the exchange then they may have to pay an arbitrary miner fee in order to propagate the transaction these are standard across the industry. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. PrimeXBT provides various bonuses to enhance trading potential, but there are key rules and conditions for their use. It offers a wide range of benefits to both new and expert traders. For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. Use the most appropriate flair, if the flair is grossly misleading then the post will be removed and repeated offenders banned, moderators can change the flairs of the posts if the wrong flair is chosen. 9 out of 5 from over 2000 reviews. From multi factor authentication to encryption, security measures are top notch.

About us

YOU SHALL CHECK YOUR APPLICABLE LAW AND BE FULLY RESPONSIBLE FOR ANY NEGATIVE IMPACT ARISEN FROM YOUR RESIDENCE COUNTRY REGULATIONS. By following these steps, you can address most withdrawal issues and ensure timely access to your funds. Futures and conventional derivatives, CFDs. The most basic forms of technical analysis will try to determine support and resistance, or where markets attract buyers and sellers. You can also use volumes analysis, there are special liquidity zones where are many buyers and sellers. These products are not suitable for all investors. This is thought of as a sign of the likelihood of receiving quality service. I also like that although the charting interface looks and functions the same, traders need to switch between margin, spot, and derivatives trading, which in my opinion, keeps things more organized and less cluttered, helping to ensure traders don’t accidentally trade the wrong market. This gives the trader the advantage of making money on “borrowed funds”. These fees apply for positions held open overnight. BitcoinWisdom a Bitcoin price prediction that we will continue to rise during both 2024 and 2025, with a minimum price of $53,152. It’s possible, but it will probably not have a massive future.

MarceloDias

The platform’s commitment to security is evident in its robust protocols and ongoing efforts to maintain a secure trading environment. If you are looking for a pure, no frills, professional grade cryptocurrency only exchange, out of these two, Bybit is the winner, hands down. PrimeXBT is a quality broker for Forex and cryptocurrency traders. As mentioned above, numerous factors are fueling Bitcoin’s adoption, primarily institutional interest and the relatively new exchange traded funds. PrimeXBT Instruments: My Key Takeaways. Additionally, we provide the option for cash/fiat deposits via alternative payment methods systems in Thailand, Vietnam, and Brazil. Chainlink allows secure communications between Ethereum network projects and off chain data. In addition, the website states that the exchange does not attract customers from the UK and EU, however, does not prevent residents of these regions from registering. Nevertheless, Dogecoin’s Moving Average indicators indicate that it has yet to enter a bullish rally, given that its price currently trades below both the 50 week and 200 week Simple Moving Averages SMAs. Just log in on PrimeXBT and start trading instantly, no app required. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform. Before using a non KYC exchange, you should check the regulations in your country to ensure compliance. For the NZD/USD currency pair, for example, overnight financing for both long and short positions is now just 0. PrimeXBT offers a wide range of asset classes for short selling, including popular cryptocurrencies Bitcoin, Ethereum, Litecoin, Ripple, major, minor, and exotic currency pairs in the forex market, commodities gold, silver, oil, natural gas, and global stock indices SandP 500, NASDAQ, FTSE 100, DAX. Key features of PrimeXBT Copy Trading include. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. 2024 00343, having its registered office address at PKF Corporate Services Ltd. This site contains affiliate links to products/services. When people are thinking about futures trading, one factor they need to consider is what the funding fees will be like. In order to set up an order while creating a new entry. They aggregate, or “pool,” their liquidity from over 12 different exchanges, so traders never need to worry about a lack of liquidity. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Trading fees are the primary cost associated with executing trades on PrimeXBT.

BALEINE Affiliate Program

As the name implies, agricultural Commodities include Soybeans, Wheat, Corn, Cotton and pretty much anything else that is farmed and traded on exchanges. These are supported on both iOS and Android devices. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Of course, this also works on the way down as losses are also magnified. Traders can select “add widget” and they will be given a list of different ones to choose from. 071 USDT in trading fees. The execution of trades happen almost instantaneously, facilitated by electronic platforms and sophisticated order matching systems. While Sciberras acknowledges inscriptions’ potential in generating sustainable fees for the protocol in the long term, especially as more bitcoins circulate and miner reliance on fees increases, he also notes the divided opinions within the community regarding their impact on the network’s functionality. As a result, any market action may be short lived. Some types of trading also allow for profiting when the market is turning downward, through short positions. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Explore the diverse benefits of common and preferred shares on PrimeXBT, where the world of stock trading unfolds with opportunities waiting to be seized. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. Traders can take advantage of bullish and bearish market conditions by going long or short. Receive the latest news and stay informed. Remember, terms and conditions apply to these promotions. PrimeXBT’s flagship trading station features advanced charting capabilities powered by the seamless TradingView, which helps day traders assess the prevailing market sentiment easily. You’ll get two new stock picks every month, plus 10 starter stocks and best buys now. The lack of automatic transfers is not typical for most crypto exchanges and can cause some inconvenience to users. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. Trade with bonuses and rewards from PrimeXBT. In the case of a withdrawal, customers will need to head on over to the “withdraw” page where they will provide their personal crypto address and simply send the crypto funds to the address of their choice. Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. 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.

Open free account

The fees vary depending on the payment method and the type of transaction. PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. With growing institutional interest, especially from firms like Nike and J. Disclosure: We strives to provide transparent, honest reviews, and opinions. Receive the latest news and stay informed. Yes, using the in wallet exchange feature, you can exchange BTC, ETH, USDT and USDC amongst each other, directly in your PrimeXBT account. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback.