PrimeXBT Review 2025: Complete Exchange Overview

The first step to getting your crypto tax sorted is to import your transactions from PrimeXBT. For example:The minimum order size for Bitcoin is 0. The opinions expressed by our writers are their own and do not represent the views of U. It could be hard for them if they continue with new management. 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. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. 80 in 2025 and perhaps reach $4. He joined NCB Capital Markets in 2013 to lead the firm’s regional private equity investment initiative. As you can see, we only have to post a 0. The website offers tools like price charts, copy trading, Bitcoin leverage, trading contests, and market research to assist users in analyzing markets and executing trades. Beginners should generally opt for lower leverage ratios to minimise potential losses, while experienced traders with a higher tolerance for risk might consider using higher leverage to potentially amplify their gains. To register on the PrimeXBT website, you need an email address and a password. In addition to less common pairs like USD/SGD and EUR/NOK, traders can trade popular pairs like EUR/USD, GBP/USD, and USD/JPY. 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. PrimeXBT provides responsive customer support, a critical feature for traders with open trades and live money at stake. The opinions expressed here are the author’s alone. Trading takes a little more care, maintenance, preparation, and skill than simply investing alone, however, can generate significantly more ROI within a smaller time frame. I believe that blockchain technology can build a brighter future and am excited to be part of it. However, users are able to remove this withdrawal limit by verifying their accounts. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. KYC, or “know your customer” account verification. In addition to the high performance trading engine and capabilities of the platform, PrimeXBT offers traders the ability to use up to 100X leverage. Do not fall victim to the Bystander Effect and think someone else will report it.

What is HODLing Cryptocurrency? Cryptocurrency HODL Definition Explained

I can now make profitable trades without doing a lot of market analysis thanks to copy trading. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. 🔍 Top events this week🇬🇧 UK Q3 GDP: Important for assessing UK’s economic health and growth trajectory. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Lastly, you can’t rearrange or resize modules on the desktop platform. This process is designed to confirm the authenticity of payments and prevent fraudulent activities. This means your earning potential is enhanced with PrimeXBT. Receive the latest news and stay informed. It is advisable to conduct your own research first before participating in any crypto investment. All opinions remain our own. If anything, bear markets tend to be wherePrimeXBT finds its most user growth, in contrast to Operador de PrimeXBT most crypto exchanges. The margin for trading has a much smaller amount of interest attached to it than something like a credit card, but it is still something that you need to pay attention to if you are hanging on to a position for longer term moves. Leveraged tokens provide traders with leveraged exposure to the underlying asset, but are far safer than trading with margin as there is a low liquidation risk where traders can blow entire accounts. Here’s a simple guide on how to activate them.

PrimeXBT Reviews

This marks a notable achievement as WEMIX’s inaugural venture into the European market, emphasizing the token’s role in facilitating a range of blockchain based activities, from gaming transactions to decentralized finance DeFi applications. Kim Chua is an institutional trading specialist with a track record of success that extends across leading banks including Deutsche Bank, China Merchants Bank, and more. We’re glad you find it fast, secure, and commendable. This provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. In full transparency and honesty, I have never been a big fan of the too many offshore and unregulated exchanges that are out there as so many of them can be quite dodgy. Register and join our community with millions of traders from all around the world. These products are not suitable for all investors. They’ve realized that lower fees mean happier customers and more trading volume on their platform. No, Unrealized P/L does not include any fees incurred from trades. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Though founded and registered in Seychelles, with offices in St. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. 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. I like the fact that these guys focus not only on providing classical mediating services, but also o nexchanging crypto, you can buy btc, eth, usdt, usdc whatever you want. We’re pleased to hear that you found the account creation process simple and the payment transactions instant at PrimeXBT. However, without a solid grasp of the basics, navigating the complexities of the Stock market can be overwhelming. Proper management of overnight financing fees can significantly impact overall profitability. Vincent and the Grenadines, and a recent move and consideration of becoming headquartered in Switzerland, PrimeXBT IS NOT currently regulated or licensed. PrimeXBT is more of a traditional brokerage that also offers crypto trading, as opposed to Bybit, whose sole focus is crypto trading. Add funds to your account by selecting your preferred payment method. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. The PrimeXBT WebTrader’s key features include. 32 to send USDT over the BEP20 network. Vincent and the Grenadines as an operating subsidiary within the PrimeXBT group of companies.

Introduction to PrimeXBT Payments

PrimeXBT offers the following fee structure. SandP 500 SDX: As the holiday season wraps up and the New Year begins, the SandP 500 remains a fascinating. 10 on 2 September 2021, ahead of the Alonzo hard fork, which introduced smart contracts to the blockchain. While Ethereum and Solana dominate the dApp space with their faster transaction speeds, PlutoChain could put Bitcoin in the spotlight for decentralized finance DeFi and beyond. While the platform’s advanced trading tools and customizable interfaces appeal to experienced traders, some novices may feel overwhelmed without proper guidance. It is worth noting that Perfect Money charges the 1. 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. One downside is the absence of cent accounts, and the platform’s interface takes some getting used to. Even so, Binance has set itself apart by offering an insurance fund for user assets. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Best regards,The PrimeXBT Team. Deposits are free, but there are withdrawal fees for cryptocurrencies. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. It runs on RippleNet, a decentralized network of financial institutions that use Ripple’s blockchain and API technology to clear and settle transactions. It sure is and it offers you a great way to enjoy margin trading for everything from cryptos like Bitcoin all the way through to commodities, forex markets and so on. I don’t know about manual trading with the broker, but PrimeXBT copytrading is a great feature. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Some products and/or services might not be covered by the Compensation Fund. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. Margin trading has been popular in other markets as well, such as forex for example, and cryptocurrencies are no exception.

Privasi Aplikasi

To further downplay its usefulness, there are limits on the volume that can be swapped daily, even for verified users. Crypto Bulls Club projects that POL ex MATIC could rise to $3. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Paired with competitive conditions like low fees and high profit share, PrimeXBT is a great option for any would be Copy Trader looking to get their start in the markets. Very fast and getting on this bandwagn can be challenging. No KYC needed to sign up on PrimeXBT. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. Fully automated trade opening and closing by the trade master. For example, the most important thing is that it is a trading system is one that you are comfortable with. Remember, most DeFi tends to run on Ethereum, making it particularly vulnerable to that part of the crypto ecosystem. $20,000 or equivalent for unverified users. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. These are professionally done and well presented. Exchange clients can open three types of accounts: demo competitive, no deposit, real for CFDs and real for futures. Our PrimeXBT review found that they have added the cherry on top and provided everyone with this information. With its FSCA licence and tailored offerings, PrimeXBT upholds a client centric approach and its commitment to fulfil the needs of traders in South Africa and globally by offering them a better way to trade the world’s markets. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. PrimeXBT offers a competitive trading fee ranging from 0. 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. Information regarding past performance is not a reliable indicator of future performance. 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. The platform offers a diverse range of products tailored to meet the needs of both beginners and professional traders.

Trading a GBP/USD CFD

A range trader also has a chance to liquidate their investment if there are unfavourable news in the market. Further in this article, we will take a closer look at each exchange individually, but first, we will give you an overview of our findings by comparing PrimeXBT versus Bybit. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. With a user friendly interface and powerful features like biometric authentication, managing your trades is as easy as using your favorite social media app. 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. For example, if you deposited with Volet, you must also withdraw using Volet. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. Simply navigate to the BTC/USD pair and click “Trade. The Fee Reduction Bonus is a bonus that provides users with a discount on trading fees and overnight financing charges on the PrimeXBT platform. To generate returns, these products can be used together with other derivatives. Let’s take a closer look at the deposit and withdrawal methods available on the platform. They also regularly test and update their security systems to stay one step ahead of any potential threats, kind of like installing a security system that automatically updates itself to keep your home safe from new burglary techniques. Effective management of overnight fees is essential for maintaining profitability on PrimeXBT. 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. There has been a significant rise in social media mentions for FLOKI and a surge in positive weighted sentiment, which is encouraging for further upside. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. Once you find the deposit section, you’ll be presented with unique deposit addresses for each cryptocurrency supported. Below are the commission rates. These fees cover the transaction costs associated with processing the withdrawal on the blockchain network. If a trader then takes action too soon, holds onto a profitable gain for too long, or doesn’t cut their losses in a losing trade because of greed, they may well lose, and lose big. Prime XPT is an exceptional product that has truly exceeded my expectations. Furthermore, PrimeXBT stands out from the competition thanks to its competitive spreads and high leverage choices up to 1:1000 for currency pairs. If you have any questions or need further information, please don’t hesitate to contact us at. Given that PrimeXBT does not conduct these unless they have concerns about suspicious activity, it means that it frees up a lot of time for their agents to answer the most pressing questions for the traders.

CryptoRunner English

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. Try their Twitter or Telegram where the latter can be reached from the Telegram Bot. By following a few simple steps, new users can easily access this promotional offer and start trading without any initial financial commitment. Worldwide, except regions that forbid cryptocurrency derivatives margin trading. Users can open accounts, deposit crypto, and start trading with just an email address. Still, many of the most successful traders believe that using margin trading and leveraging is the key to greater success and bigger profitability. Choosing between PrimeXBT and eToro from a security and regulation perspective depends on your priorities regarding privacy and regulatory compliance. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. PrimeXBT offers trading in crypto, commodities, Forex, and indices through CFDs. By doing your own due diligence, or even your own analysis, leveraging the collective knowledge available to you in the same groups your receive your signals from. Keep up the great work, and happy trading. For optimal trading, it’s recommended to use the web app for detailed analysis and the mobile app for monitoring positions and executing quick trades. As long as you use caution and a bit of common sense, margin is a great tool. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. People may want to avoid KYC because. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. Only for verified users. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. The information leaks can lead to serious issues such as identity theft and other fraudulent acts. 5 for PrimeXBT and 3. WTI Crude Oil is usually the one that sets the prices around the world, and most people that trade Commodities, only use Brent Crude Oil prices as a reference or to confirm trends.

Select a Country

We’ll also explain how this app has the potential to expand PrimeXBT’s stronghold exponentially. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. Prime XBT provides traders with resources to interpret expert predictions and market sentiment, aiding in the construction of a resilient trading strategy. 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. Ensure that you provide accurate and complete information to expedite the process. Additionally, users can trade Crypto perpetual contracts via the Crypto Futures interface. PrimeXBT notes an inactivity fee but does not provide details, as it merely states: “PrimeXBT may charge inactivity fees if your account is inactive for a prolonged period. During uptrends, traders and investors become bullish and price moves sharply higher. With BlackBull Trade we are going to offer our clients a new level of user experience, which they can hardly find with any other broker. Conflict of interest policy. 32 to send USDT over the BEP20 network. PrimeXBT does not charge fees for deposits. The subsequent sections delve into each aspect in greater detail, providing you with a clear understanding of how to navigate PrimeXBT’s payment limits. Enhanced verification can increase these limits. They also use Cloudflare’s technology to mitigate the risks of DDoS attacks. To deposit funds to PrimeXBT from the USA, follow these steps. Desenvolvido para eficiência e facilidade de uso, ele oferece uma plataforma de negociação completa diretamente no seu iPhone, permitindo que você gerencie operações, monitore mercados e permaneça conectado a qualquer momento, em qualquer lugar. This extensive range of assets enables PrimeXBT traders to create a diversified portfolio and apply different trading strategies across a variety of markets. XRP Whale Activity Hits Four Year Low: What Does It Mean for Traders. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. Anytime you try to predict the future price of an asset, it is fraught with difficulties. By 2026, Polygon POL ex MATIC is expected to solidify its position as one of the most reliable Layer 2 solutions for Ethereum. It’s designed to be clean and easy to navigate.

Bitget Review

55% ROI in its two active weeks, securing it a solid third place with a current rating of three stars. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. YouHodler: BTC and Crypto Wallet. It has materials about what Bitcoin is, how to use algorithmic trading, how to read a Japanese candlestick chart and much more. Prime xbt is the only trading platform lacking in this aspect. If there’s anything else we can do to enhance your experience further, please don’t hesitate to reach out to us via live chat or email at. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. Overnight financing fees, also known as swap fees or rollover fees, are charged when a trader holds a leveraged position overnight. PrimeXBT calculates these fees based on the difference in interest rates between the two currencies in a pair. We’re glad it’s helping you build confidence and improve your trading skills. Luckily the customer support appeared to quite professional to help me withdraw my previous earnings and close my trading account since it can no longer be available from my current place of residence. Our clients love how fast and simple our sign up is. Analysing this metric in this Binance vs Prime XBT comparison, it’s clear that Prime XBT has the lowest trading fee percentage of Up to 0. Com does not provide any financial services, including investment or financial advisory services. 66767197 USDT Long 4000, SwapRate=0, InterestRate=0. We’re committed to your success as a trader, which is why we offer some of the best Copy Trading conditions around. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. I opened this long position with a tight stop loss. Anyone can view, post, and comment to this community. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. Companies on Trustpilot can’t offer incentives or pay to hide any reviews. Positions closed before the start of a new trading day 00:00 UTC will not be charged at all. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. These resources are here to cater to both beginners and experienced traders, ensuring that everyone can benefit from them. Coinbase is the better crypto focused platform, while PrimeXBT is better for traders who want to trade CFDs and multiple different markets. 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.

Up to $7000 Tradable Bonus on your First Deposit💰

This bear market dump has seen BTC set several new bearish records. The service is easy to use and the learning curve is not steep. Privacy practices may vary based on, for example, the features you use or your age. One such example is the malicious website Investment Bud, which is mimicking the PrimeXBT design and layout in order to wrongfully earn user’s trust and leverage that trust to gain access to sensitive account information such as usernames or logins, or to steal user’s funds. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. Payment Methods: Debit card, credit card, cryptocurrency. Use of Scripts and Expert Advisors: Expert Advisors, programs, or scripts demonstrated within the website are for educational and demonstration purposes. The platform’s hardware is hosted on Amazon Web Services servers, granting it sufficient capacity to run its powerful and efficient trading engine. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 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. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Stellar has had tremendous price increases in the past, and investors hoping to get in on the first floor find its distinctive technology to be alluring. These include fan lines, Fibonacci, retracements, and other trend lines. Thus, it allows traders to amplify their positions and potentially increase their profits. Nothing as it is an amazing site and the good job should continue. That’s not to say you can’t make a long term Dogecoin price prediction; it is just that the Dogecoin trend hasn’t always been positive, leaving DOGE future adoption up in the air. PrimeXBT provides its users with a range of services. This proactive approach is key to successful trading. The ATO has over 100 information sharing agreements, which cover almost every country and tax jurisdiction globally, to ensure no one avoids their tax. When sentiment turns negative assets will react with bearish price action and fall in market price rapidly. This review explores the features and benefits of the PrimeXBT Telegram Bot, providing a comprehensive understanding for both beginners and seasoned traders.

Connect Wallet

Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Below are the general guidelines. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. PrimeXBT provides access to a variety of markets, enabling traders to diversify their portfolios. With all of these leverage numbers, it is important to point out that this is the maximum leverage limit, and traders can opt for a lower number level. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. 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. Donetsk People’s Republic. I also tested the fiat withdrawal process, using Volet. However, the platform does have higher fees compared to competitors like Binance and Bybit, which can cut into your profits. 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. Each of these deposit methods has its own set of requirements, fees, and processing times, which will be discussed in detail in the following sections. 32 to send USDT over the BEP20 network. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. Instead of making a profit, the main purpose of hedging is to mitigate and reduce your downside risks and potential losses when trading Bitcoin. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. In dynamic markets, where trends can reverse unexpectedly, the trailing stop order shines. These security features collectively ensure that PrimeXBT provides a secure trading environment, helping to protect users’ funds and personal information against potential threats. Market analysts predict that Chainlink will not fall below $10. PrimeXBT offers a variety of bonuses and promotions for both new and existing users.

Worse

The results are shown in the table below. Next after selecting which assets to trade and learning the ropes on technical analysis and other important financial market factors, it is time to choose an exchange to trade on. Monitoring is something that will be different for everyone. Sign up now to start earning with ease. These features certainly make Bybit a strong contender, but does PrimeXBT hold its own despite these challenges. Let’s look at the 25 best Crypto signal providers in 2024. Traders have the option to spread the platform out across more than one screen or can have numerous different markets on a single screen. For your first trade, you identify potential setups and then decide whether you are going to buy or sell a currency pair. 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. The opinions expressed here are the author’s alone. The opinions expressed here are the author’s alone. We appreciate your recognition and are pleased that you find the deposit process enjoyable. In the next section of this PrimeXBT review, we will look at the key features of the platform. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. Sure, you can trade with them as a US client. Notably, there are no trust scores from CoinMarketCap and CoinGecko. By subscribing, you agree to our Terms of Use and Privacy Policy. As for cancellation, withdrawals can typically be canceled only if they are still being processed and have not yet been confirmed on the blockchain. Is there more to the digital silver theory after all. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Soft rug pulls refer to incidents when token creators ensure that their crypto assets devalue quickly, like in the case of dumping. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. The color scheme and typography are chosen to enhance readability and reduce eye strain during prolonged use. PrimeXBT copy trading is a feature that allows investors to automatically replicate the trades of experienced traders. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Each market has its own characteristics and trading opportunities, so it’s important to choose one that aligns with your goals and expertise. I found the KYC process to be straightforward, with my account being verified instantly. PrimeXBT Instant is a trading feature that allows traders to execute trades quickly and efficiently with minimal latency. Financial incentive for signal provider.