PrimeXBT Telegram Bot

This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. After registration has been completed, PrimeXBT requires a minimum deposit of 0. Telegram Announcements. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Scan the QR code with your device’s camera and get APK file. Whether you prefer crypto or cash withdrawals, PrimeXBT ensures your transactions are processed swiftly within the same timeframe. The spread, or the bid ask spread, is the difference between the sell bid and buy ask prices of an asset. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies.

The basics of Ethereum

The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. The price dropped nearly 70% between 2017 and 2018 with another devastating 94% fall in 2018 before the second half. PrimeXBT has published over 350 educational articles on its website, which are free to access. With a portfolio encompassing hundreds of cryptocurrencies and over 1000 trading pairs, KuCoin stands out by promptly listing lesser known but promising projects, a notable attribute setting it apart from its counterparts. Meanwhile, Crypto Basic reported that a top Brazilian exchange added support for Shiba Inu earlier this year. Trade fee is incurred each time you buy or sell assets on the market i. Help your friends discover PrimeXBT’s benefits while you earn $300 USDT for each successful referral. Whether you are a novice trader or an experienced professional, this guide will help you understand the intricacies of PrimeXBT Instant and enhance your trading experience. The required margin is different for each trade, so make sure your account is appropriately funded. Then confirm your email. Date of experience: September 21, 2024. We found Binance to be the best overall alternative to Bybit. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. 67 USDHow can the financing of this trade outweigh the profit by a few cents. However, the lack of regulation should be considered as a potential risk. Scan the QR code with your device’s camera and get APK file. However, judging by the reviews on the Internet, PrimeXBT users have not had any problems with hacker attacks or other issues regarding the security of the platform’s activities. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. It offers lower fees compared to other platforms and allows for seamless trading experience. Provisional Virtual Assets License: Dubai Virtual Assets Regulatory Authority. Understand your risk tolerance and capital allocation. However, depositing fiat currency requires KYC verification. When crypto lacks momentum or its characteristic volatility, traders can access other markets that trend at different times and intensities. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. These products are not suitable for all investors. With a user friendly interface and advanced features, the PrimeXBT iOS app is an essential tool for modern traders. This could lead to significant potential losses if the market moves against their position. Pick top performers, copy their trades, and earn up to 75% profit share. The WebTrader is easy to navigate, and even beginner traders can quickly learn where the charts, account info, and watch lists are located.

About the Author

The broker keeps client funds in segregated accounts and ensures negative balance protection. A versatile payment system is a hallmark of the best bitcoin trading platforms, ensuring seamless transactions. You can find our detailed reviews right here at Crypto Parrot. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. As a new exchange liquidity in some trading pairs is limited. 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. 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. This should not be seen as financial or investment advice of any kind, nor does Prime XBT endorse or guarantee the relevance, timeliness, or accuracy of the information or publications. We https://primexbt-investment.com/promo-codes/ also appreciate your recommendation of the indicators for new traders. Although leverage trading is a risky activity, it lets you enhance your position size by borrowing funds from the platform. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. Trading fees are a really important consideration as they can directly impact your profitability in the long run. Comments: One thing that I really appreciate about PrimeXBT is that it is not simply a run of the mill crypto exchange, but rather a highly advanced trading platform offering a wide range of assets from various markets.

Why trade CFDs with us? Why trade CFDs with us?

Quantitative data refers to on chain metrics such as total BTC address, number of transactions, hash rate, and more, while qualitative analysis could refer to the belief that the Crypto industry could disrupt precious metals. By default, many futures trades will be set to a whopping x200 leverage, which is significantly higher than many other platforms on the market. Some products and/or services might not be covered by the Compensation Fund. PrimeXBT’s mobile app, available on iOS and Android, provides fast and convenient access to the market anytime, anywhere. Copy Trading is a simple, stress free way to earn passive income, whether you want to sign up as a Follower or a Strategy Provider. I am not surprised that so many people preferr primexbt. Benefit from 0% fees when trading CFDs on Indices, Commodities and Forex. This can be a concern for users seeking platforms with strong regulatory compliance. See more about trading fees. For USDT, USDC and COV the withdrawal fees vary depending on the network used.

What chart does PrimeXBT use?

It’s great to know that our platform helps you effectively allocate risks, which is crucial for maintaining a balanced and resilient trading strategy. Individual stock names will have less liquidity than a currency. One of the bigger concerns when examining Bitcoin on a hypothetical level is the threat of what is known as double spending. More demand and less supply is almost always guaranteed to make the value of an asset skyrocket. Regular checks and DDoS protection keep the trading space safe. Scan the QR code with your device’s camera and get APK file. PrimeXBT’s copy trading feature is marketed as Covesting and operates similarly to the copy trading services offered by eToro. Leveraged tokens provide traders with access to leverage, but without the liquidation or margin risks, which is a game changer. 20 x 60 = $ 1200 profit. PrimeXBT does not offer swap free trading via Islamic accounts at the present rate. To seize this exclusive welcome bonus offer.

Placing Trades

Under the new regulations coming for crypto in the US, it’s likely both centralized and decentralized exchanges will implement more KYC processes in order to issue Form 1099 DA in the coming years. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. Traders worldwide trust us. For fiat, just go to the main page of your account, then navigate to the Wallets section, click ‘Withdraw’ next to the currency wallet, and select the method to proceed. Find out how we combat fake reviews. Comments: What I have to admit is that PrimeXBT is one of the safest trading platforms I have ever worked with. PrimeXBT’s fee structure is competitive, particularly for active traders, with transparent trading and withdrawal fees that are in line with industry practices. Trading crypto can be a more profitable strategy than HODLing alone.

How do I open a CFD trading account?

PrimeXTB is an international trading platform that allows users to access financial markets. You can reach out to me via . Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. 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. This option is designed to make the platform accessible, allowing you to begin trading with a relatively small amount of capital. It is also a great way for experienced traders to earn some extra income from other traders. Note that you might have to share your personal identification if you intend to use any of the services mentioned above. As a result, I found that PrimeXBT’s educational content lacks coherence, structure, and objectivity. As easy as clicking a button on your trading platform. Overall, PrimeXBT is nowhere as near refined as the best crypto mobile apps. An example of how this fee is accrued: You trade BTC/USDT futures 1 contract at a price of 69,000. PrimeXBT operates as a Straight Through Processing STP broker without a dealing desk. PrimeXBT provides access to trading more than 100 assets. 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. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. A margin call is a notification you may receive from your broker when your free margin falls below a certain threshold usually below $0. AvaTrade: Trading App. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. The copy trading features allow traders to set up and manage a strategy and/or follow another trader’s strategy. Enter the amount you want to withdraw. Date of experience: June 07, 2024. Users can open accounts, deposit crypto, and start trading with just an email address.

Track360 Integration to Support IB and Affiliate Partnerships for DXtrade Brokers

Io, in my opinion, is the leader in crypto copy trading. Returns or profits may be subject to capital gains tax. This will help you stay in the game even if you encounter a series of losses. Speaking of risks, it would be unfair to not address them exclusively. Our clients love how fast and simple our sign up is. Coinpedia is not responsible, directly or indirectly for any losses incurred as a result or in connection with the utilization or dependence on any content, products, or services mentioned. We earn the trust of clients by being clear about everything from the very start. The average spreads are among the lowest of South African competitor brokers. Crypto Deposits: PrimeXBT offers free crypto deposits. $2,000 by bank card. Of Banking finds that exchange or transfer of most virtual currencies, standing alone, is not money transmission requiring a license. The responsive design facilitates trading on various devices. Oil futures, stock options, and CFDs are all examples of financial derivatives, and they are also available to Bitcoin traders. Anyone can view, post, and comment to this community. Returns or profits may be subject to capital gains tax. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant web sitesi losses. Blockchain technology has greatly evolved from what it was when Bitcoin was created. 01%, while on PrimeXBT, they were consistently over 0. These borderless currencies allow users to interact with the blockchain themselves to make payments, rather than needing to rely on a third party like a bank, Western Union, PayPal, or others. Market Price and Order Entry.

All Categories

And finally, the 5 supported commodities. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Traders can alter their trading strategies and adjust any positions accordingly. 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. Here are our top two reasons. In certain instances, a slightly bearish trend can be formed during a bull market and vice versa. Withdrawal delays on PrimeXBT can occur due to network congestion, additional verification requirements, or issues with the payment processor. This means your earning potential is enhanced with PrimeXBT. Bybit has a great selection of over 400 crypto assets and almost 600 trading markets, which is quite impressive, it is no wonder that Bybit has become an oasis for crypto trading. Jito Staked SOL JITOSOL. Pearce was Senior Investment Manager for the Caribbean Investment Fund, L. The Fee Reduction Bonus is a useful tool for traders looking to reduce their trading costs and increase the efficiency of their work on the PrimeXBT platform. Unlimited for verified users. Seek independent advice if you have questions or do not fully understand the risks.

Trading platforms Comparison with competitors

The content published by guest authors is not investment advice. Most member reviews of MyCryptoParadise are realistic but positive. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. Another strategy is to leverage the tools and features offered by PrimeXBT. Governance – As the native token of Polygon, POL ex MATIC grants its holders governance rights. The fee is applied in addition to the spread. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. Aside from user friendliness, both platforms have incredibly high quality and high performing matching and trading engines with the order functionality and execution of a professional grade exchange. 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 has a free economic calendar and publishes regular market breakdowns and weekly outlooks. Leverage our Post Affiliate Pro software for seamless management. This method effectively measures the capability of customer support to assist both active traders and casual investors. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. Bitcoin is the largest, and most popular, cryptocurrency in the market today. The company maintains a relatively low profile regarding its founders and key personnel, which is not uncommon for some trading platforms. Naturally, in this PrimeXBT Crypto Futures review, I’m focusing on the platform’s derivates services, but it should not be ignored that PrimeXBT copy trading is also a major part of its ecosystem. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. We earn the trust of clients by being clear about everything from the very start. Be sure you fully understand the risks involved in leveraged trading before using leverage on a live account. PrimeXBT has different minimum deposit requirements depending on the method used. The Prime XBT Exchange is based in the Republic of Seychelles. These users are made up of skilled traders who enjoy a lucrative 10% of the profit earned by each of their followers, and users who want to copy the trades of skilled traders for some passive income.

Contents

The platform offers a very limited range of crypto futures markets and conditional orders. PrimeXBT caters to a global audience by offering multiple payment methods for depositing and withdrawing funds. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. Bitcoin started off its life virtually worthless, with a value of far less than a penny when the Bitcoin Core client code was released into the wild. To engage in leveraged crypto trading options, traders must fund their margin trading accounts in specific digital currencies like BTC, ETH, USDT, and USDC and maintain enough free margin to cover potential negative price fluctuations. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. Trading involves risk. This will help Tradersunion. Just so you know, these assets are kept in a cold offline storage facility to ensure that they don’t fall into the wrong hands. This website is owned by PrimeXBT PTY LTD previously Stack Advisory PTY LTD, a company registered in South Africa, with registration No. In addition, with only seven trading pairs, PrimeXBT’s asset selection is limited compared to some alternatives in the market. USDT, USDC and COV can be deposited via ERC 20 or BEP 20 network. For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available. Elon Musk tweeting about DOGE has made it skyrocket from time to time, but this isn’t the same thing as adoption – which will be the most critical measure of success for Crypto. Try again with a different term. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. This is equal to the position value of $62,940. The massive gains that DOGE has enjoyed have been based on social media hype and memes, which further causes a frenzy among many investors.

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PrimeXBT has received several industryaccolades, with the most recent award being the Most Trusted Crypto AssetTrading Platform. We personally contact support using all available methods and present hypothetical problems that users might face. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Forexlive has no control of the contents of this page, nor is responsible for its accuracy or legality and hereby waives any responsibility for this content. Depending on the trading strategy, they may become the most significant fee per trade. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. 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. Now, let’s consider a contrasting scenario where a trader, fueled by FOMO fear of missing out, rushes into trade positions without proper planning or use of any technical analysis. Please, we’ve had enough of this type of marketing.