PrimeXBT Trading’s Post

For more accurate results, you can combine these indicators with other statistical tools such as moving averages Mas, Fibonacci ratios and extensions, the volume weighted average price VWAP and the time weighted average price TWAP. These include rewards for account verification and reaching specific trading volume thresholds. The material covers everything from beginner concepts to advanced pro strategies. Yes, feel free to download the iOS App or Android App. Coin Bureau readers who sign up to PrimeXBT using our referral link will receive a FREE 35% BONUS as well, definitely worth taking advantage of. JSE Top 40JSE All ShareJSE Top 100Industrial IndexIndustrial 25 IndexFinancial IndexFinancial 15Resource 10 Index. After all, even if a trader has been somewhat successful in the past, the reality is that it does not necessarily mean that it will work out in the longer term. XRP maxes out at x175, BNB is set to x75, LTC, MATIC, and ATOM offer x50, and TRX can reach x30. The good news is that the fees at PrimeXBT are relatively competitive and so you shouldn’t face too many charges when withdrawing anything made from your trades. Listed below are the top crypto exchanges and trading platforms in April 2024.

What are the Benefits of Using PrimeXBT Turbo?

If your Stop Loss or Take Profit protection order is specified incorrectly you will receive a corresponding notification. 1️⃣ You will be redirected to an external page of the AdvCash service provider and receive a summary of your payment. Learn more about Baksta’s Legal Terms. So, is PrimeXBT the exchange for you. Purchase crypto with 90+ fiat currencies. We particularly liked how user friendly it was, which will appeal to beginners. While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. It is almost impossible to commit crimes with cryptocurrencies due to measures such as Know Your Customer KYC and Anti money Laundering AML laws that have been implemented by different crypto firms. For Cash deposits to the platform via Advcash and Perfect Money accounts the minimum deposit is 10 USD. Plus we should note that this copy trading scheme works both ways so that experienced traders could get a 20% boost on their profits by letting newbies follow their trades. Within the same 48 hours after creating and logging into the account you may also open other margin trading accounts ETH, USDT, USDC or COV to claim a similar welcome bonus offer. If a CDD procedure is initiated for an account, PrimeXBT may request a user to produce some or all of the following documentation. Com or its live chat which is available via the Account menu at the top right of its website. Specifically, the price for each of these instruments is calculated using a weighted average between the 1st and 2nd month Future Contracts. Comments:Prime XBT really makes my life in cryptocurrency really easy and secure. Once the margin account as been successfully set up and funded, the next step is to start placing trades. The MA200 has sold the price and acted as a resistance on several. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Detailed information regarding Fees and Overnight Financing rates for all available instruments can be found on the Fees and Conditions page.

PrimeXBT Lowers Overnight Fees on Global Markets Including Forex and CFDs

BSC chain offers PrimeXBT CEO much lower transaction fees 💰 compared to Ethereum network. These products are not suitable for all investors. Try their Twitter or Telegram where the latter can be reached from the Telegram Bot. In terms of margin calls and position closures, our system is designed to protect both the trader and the platform. There is a range of extra features at PrimeXBT beyond its trading platform. Returns or profits may be subject to capital gains tax. Note, you should keep an eye out for margin impacts and calls. Brokers by Account Type. The withdrawal fee on PrimeXBT is 0. I also like their security measures which assure me my account is cyber attack free. A key advantage of this offer is that in case you lose money and your balance goes into negative digits, you can continue trading as long as your negative balance does not exceed the bonus amount. In copy trading, your trading results fully depend on the trading performance of your followed traders. Sometimes, increased activity on a network could be triggered by the same group of traders transacting between different wallets. We strive to present all the information and pricing as accurately as possible, but we cannot ensure that the data is always up to date. The option to change the candlestick chart and turn it into a line bar graph is at the left. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Perfect Money Account ID used to make a deposit will be preselected automatically. BitSeven is in fact integrable with APIs, if the user desires it. Day Trading StrategiesCrypto Day Trading Platforms. As the cryptocurrency market bottomed out and became stagnant, trading mostly sideways, PrimeXBT introduced traditional assets such as gold, silver, oil, the SandP 500, and a vast lineup of forex currencies. Deposits in cash from an online wallet or your bank card.

Additional Features

Complex fee structre on PrimeXBT platform, but once you get it you’ll see the costs are pretty low. Messages in new chats are not delivered to our support team. 10 Best Forex Broker South AfricaBest Forex Brokers with ZAR Accounts6 Best Forex No Deposit Bonus10 Best Trading AppsForex Trading for BeginnersTop Successful Forex TradersHigh Leverage Forex BrokersVolatility 75 Forex BrokersForex Brokers Accepting PayPalTop Volatile Forex PairsBiggest Forex Brokers in the World. PrimeXBT is a legitimate cryptocurrency exchange headquartered in Saint Vincent and the Grenadines. Please note that PrimeXBT reserves the right to initiate KYC verification procedure in certain situations. It is important to note that the support from many major corporations or brands as part of strong Cardano partnerships, also acts in a way as a prediction on ADA. PrimeXBT is a trading platform that offers a single account type from which you can access all its features and trade various financial assets. Vincent and the Grenadines and shifted their headquarters location and infrastructure to Switzerland.

PrimeXBT Asset Coverage

Set up stop loss orders to manage the volume of potential losses and unfollow unprofitable deals once they start suffering too excessive losses. By clicking on the “Trade” button in front of the pair wish to trade, you open a chart dispaying the price of the crypto pair of your choice. You should take 1% my whole margin only when it is taken by the price change, and your faul play is noticed over and over. Ethereum projected growth has slowed after a slew of problems in the crypto world, but crypto is starting to behave. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. This is why the market is open 24 hours a day because the banks are global in scope. After all, we have seen massive swings in crypto, both higher and lower, and one would have to assume that it is still very possible. Account verification is completed upon Depositing Cash. Among the plethora of tools and techniques available, trading orders stand out as critical components that can significantly impact a trader’s strategy, risk management, and ultimately, their profits. Nevertheless, there is a growing desire for cryptocurrencies to function more like actual currencies. The broker essentially runs risk free trading tournaments using a virtual bankroll, with cash prizes up for grabs. 24/7 liquidity sounds really interesting. Gavin Wood, was a chief training officer and core developer of Ethereum. Once you have funds available in the trading account, you can click on “Trade” from the top navigation bar. Users can also customize the indicators in terms of the time frame and other important inputs. 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. By carefully navigating the cryptocurrency landscape, individuals can tap into the potential of passive income and contribute to their long term financial goals. A new Following will be started with the same Initial equity. This is because they are one of the few exchanges that do not complete KYC or AML checks on their traders. Since being founded in 2018, PrimeXBT has grown to serve 1,000,000+ traders in 150+ countries all around the world. As soon as the payment will be collected, the Final confirmation menu will reflect your order status as ‘Sending crypto’. Input it and proceed. 00 so roughly $58 to buy in and $58 to close the position.

PrimeXBT Wallets

PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Both long and short positions led traders to profit no matter what direction the market is turning and using stop loss orders will protect your account. Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. This exchange currently has more than 12 million users and is offering its services in more than 35 countries. The currency pair that you choose can have a significant amount of influence on where you place protective and take profit orders. Coinbase also has offices in New York and Tokyo. On going and IT security assessments are executed to keep up to date with new potential vulnerabilities. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The service easily synchronizes with your trading platform and is active 24/7. Another newer section is the NFT area, where users can dive into this contemporary kind of investment. It is important to remember that Take Profit/Limit Buy orders are triggered when top of the book ASK quotes reach the price specified in your TP/Limit Buy order. Stop Loss protection orders are delayed orders that are triggered when the ASK/BID price of an asset reaches the price specified in your Stop Loss order. Copy and social trading have become massively popular and is a feature that is supported by many popular trading platforms like eToro and Avatrade. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. Each platform offers a particular niche; your choice depends on whether you prioritize a comprehensive service range or specialized leveraged trading tools. Trading Bitcoin is a little bit more complex than just clicking the “buy” and “sell” buttons and below you will learn to trade cryptocurrency successfully. PrimeXBT offers traders a 1:100 leverage for trading cryptocurrencies and a 1:1000 leverage for trading Forex, Indices, and Commodities. 2️⃣ You will be redirected to a pop up menu to confirm the link between your wallets. DOGE has been wildly popular at times and is more likely to fall with the overall attitude of Crypto. You are responsible to maintain sufficient margin levels, otherwise positions could be liquidated.

Pros

Awesome didn’t believe it until I was able. We strongly recommend enabling 2FA on your email account. It offers a user friendly platform and cutting edge analytical tools that help to take advantage of over 41 biggest and the most popular cryptocurrencies. Once followers have selected strategies to follow, thetrades are executed automatically in their accounts based on the strategymanager’s actions. Rug pulls are common in the Crypto industry and no one can be fully protected from falling victim to malicious actions of cyber criminals. For those who prefer holding for longer, they can change the chart to show daily or weekly activity. As a result of the partial victory of Ripple in the trial in July 2023, XRP was acknowledged as a Cryptocurrency that was never provided to clients on public exchanges as a non registered security. The in wallet Currency Exchange feature allows you to exchange BTC, ETH, USDT and USDC amongst each other, directly between your PrimeXBT account Wallets. We always listen to our clients to improve our platform and services. As of April 4th, 2024, Binance introduces Saga SAGA, spotlighting it as the latest innovation in their lineup as the 51st Launchpool project, with the mission to redefine the landscape. There are quite a few day trading strategies, but one of the most popular is momentum trading. The first thing that you will notice about the platform is that it offers a large degree of customization. The wide range of coverage PrimeXBT offers is what makes this so popular.

100x Leverage

PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. By May 2022, it had dipped down to roughly $0. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. New User Sign Up Bonus Links:ByBit and PrimeXBT. These can be accessed from inside your account by clicking on the “Tutorials” section in the top right of your account. Activate your account when registered successfully and start trading with the bonus credits. EUR/AUD is The Euro, currency of the European Union, traded against the Australian Dollar. Click ‘Withdraw’ for the cryptocurrency that you want to withdraw. Please note that this timeframe will vary for different currencies as well as blockchain congestion. For example, if you open a Bitcoin position on PrimeXBT using $1000 worth of BTC on 10x leverage, your full position will be worth $10,000. Switchere is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 10 cryptocurrencies. By clicking on this button you will be able to select the margin trading account to which you desire to credit your bonus. They allow people to organize their activity in a way that makes the most sense to them, giving a level of autonomy and precision that many top exchanges do not offer. Make sure you understand the difference between Spot and CFD trading before getting started.

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Get the latest creative news from Bitcoinsensus. It ensures that your coins can be withdrawn only to your pre approved addresses. The web version of the platform is available on all browsers and does not require downloading any software. To claim this offer simply make a deposit and then make a transfer to the corresponding Trading account within the given time frame. And it doesn’t matter if you are working with a person or a company. However, only you are responsible for your own calculations and position management. If this is something that you would like to get involved with then you will need to get your referral code. The price of the coin has the classic volatility known in the space, and many people are predicting its future to be better and to offer higher prices in the coming months, and years. If you have experience trading with PrimeXBT please share your personal review of the broker and what you think are strong and weak points. Step 3: You will be sent an email with a pin number. The main windows to me are account balance, charting window, and order details. To activate your 25% deposit bonus. Buy Amazon StockBuy Apple StockBuy Tesla SharesBuy Meta SharesBuy Google SharesBuy Pfizer StocksBuy NVIDIA StocksBuy AMD StocksBuy Microsoft SharesBuy Pepsico SharesBuy Adobe SharesBuy Intel SharesBuy Paypal SharesBuy Starbucks SharesBuy Netflix SharesBuy Moderna SharesBuy Zoom SharesBuy eBay Shares. Our website uses cookies. Unfortunately, they do not have a dedicated phone line which you can dial in the case of an emergency. Duedex features platform latency of less than 0. Here is how to take a more defensive position with your capital while still remaining exposed to profits using powerful PrimeXBT trading solutions. If a CDD procedure is initiated for an account, PrimeXBT may request a user to produce some or all of the following documentation. If you do not have have the time or experience to trade or simply do not want to trade yourself, we highly recommend check out the Covesting module. 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. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. Various assets have different prediction durations, which are. This will allow you to earn a commission from referring friends to the platform. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands.

Table of Contents

Make sure that you practice adequate risk management. PrimeXBT restricts its services in certain countries due to regulatory requirements and licensing considerations. Investing in cryptocurrencies inherently comes with certain risks, and both Cardano and XRP are no exceptions. The Ethereum market is very similar to others, meaning that there are cycles in which the market will enter and exit. Take advantage of this opportunity to enhance your trading experience with PrimeXBT. In terms of other security protocols that they have in place, they also make use of Cloudflare’s technology in order to mitigate the risks that are posed by Distributed Denial of Service Attacks DDoS. How we withdraw , what ar ethe withdraw terms. It is deposit bonus 0. This is a great way to receive greater exposure to the market, grow your community and scale your profit opportunities. The trading terminal on PrimeXBT works almost perfectly. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made. Unlike traditional currencies, Ethereum isn’t physical. The worst scenario is when you incur negative equity, i. We strongly recommend enabling 2FA on your email account. This isn’t unusual for crypto trading platforms, which do not have to undergo the same security checks as traditional trading brokers. If you choose to short a stock, you need to borrow that stock to sell it to somebody else.

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Crypto Futures: Users can trade perpetual contracts via the Crypto Futures platform. Send an email with a subject ‘Job application’ to with your CV if you’re interested in joining PrimeXBT team. This helps them better prepare entry and exit points, for maximal profitability or to demonstrate proper risk management through carefully selecting stop loss levels. I’ve already mentioned the charting functionality being powered by Tradingview, which is excellent, but users also have the ability to change to a standard chart or depth chart for another look at price and orders. Recently, PrimeXBT introduced a yield earning program on its platform. Org is regularly audited and fact checked by following strict editorial guidelines and review methodology. The bonus will be removed from Trading account on its expiry date. Crypto withdrawals: For BTC, the withdrawal fee is 0. Org is regularly audited and fact checked by following strict editorial guidelines and review methodology. 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 digital asset management platform keeps adding new features catering to investors and developers alike. Another concern about the markets is that they are open 24 hours a day, which means that if you do not protect your account, news that comes out while you are sleeping can cause losses. Simply put, higher leverage means that the liquidation price will be closer to your entry price, which is riskier. If we turn our attention to Bybit, they take the industry standard approach of keeping funds in cold storage to the next level. This means your earning potential is enhanced with PrimeXBT. PrimeXBT actually lets you buy cryptocurrencies outright. We use cookies to improve your experience on our site. Once you click the deposit button, a pop up will display your Personal BTC Deposit Address. It’s not a guaranteed path to wealth, but a strategic first step for a potentially rewarding long term investment. You can learn more about our mission here. PrimeXBT’s leverage rates are a unique selling point. Below, comparing the three charts you can see how a trading strategy involving the RSI would need to be different across each stock index. Meanwhile tech stocks hit new high and Bitcoin surpassed its all time peak. So Cardano’s price is trying to find its fair market price and value. Upon joining a contest, you will be provided with a free pre funded contest account. Top of the book ASK quotes are reflected as a green indicator on the price range field of the chart. Crypto grid trading has become a popular strategy because of its ability to help traders capitalize on market volatility. Of course, the same can be said if the prices moves in the opposite direction, but with negative returns. 05% for Cryptocurrencies. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai.

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Before you can successfully place your first Bitcoin trade on the PrimeXBT trading platform, you need to understand some important concepts and trading terms. CFD trading is another type of derivatives contract that lets traders go long or short, but unlike Futures or Options there’s no hefty premium or timeframe to worry about. PrimeXBT is not available for users located in the USA, there is no “PrimeXBT USA” option as there is with other platforms like eToro or Binance. PrimeXBT is an award winning Bitcoin based margin trading platform offering CFDs on crypto, stock indices, commodities, forex, and much more, and is a one stop shop for all things trading. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. The opinions expressed on Bitcoinsensus does not constitute investment advice and independent financial advice should be sought where appropriate. This could happen if you shared your account credentials with someone else, or if your password had become compromised. Details of the margin call process plus a useful impact calculator can be found on the broker’s website. These products are not suitable for all investors. Because of the platform’s roots deeply connected to the traditional market, although it got its start as a cryptocurrency exchange, it features a wide list of traditional assets, and the tools offered are more commonly found across traditional trading platforms. 10 making it a stagnant year for Cardano. If activating multiple promo types, it is also important to note that. The PrimeXBT app is available as a free download in the Apple App Store for iOS and the Google Play Store for Android. The necessary interest varies depending on the amount of the loan, and the brokerage that you are using. Leverage is identical for both real and contest accounts. Traders can also trade Commodities and Indices via Contracts for Difference CFDs. At PrimeXBT, we’ve always been committed to putting our clients’ needs and safety first. A quick way to find strategies that have been doing consistently well over time is to use the performance graphs combined with the number of active days. If you have an active community, are an influencer with a following, or run an education center, you can also reach out directly to the platform and get a specialized offer that is tailored to your needs and capabilities. Want to instantly compare eToro vs Prime XBT and see which cryptocurrency exchange takes the top spot. All in all, PrimeXBT is an ambitious player in the crypto futures trading sphere. The star rating system is not visible here, but you can see their active days, maximum profits, and maximum equity. Overtrading means opening trading positions out of the risk boundaries that you’re able to manage. Below are the discounts that you can earn based on the 30 day rolling trading volume. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. You can deposit any amount that would be sufficient to provide the required margin for your trades. Successful migrations include Binance Coin, Tron, EOS, and many more. Allocating resources across various asset classes can mitigate the potential impact of market fluctuations and decrease the overall volatility of portfolios. Claim up to $7,000 in Bonus.

Claim Free NFT Certificate

A withdrawal requested before 12:00 UTC will be processed on the same day. Advertiser Disclosure: At BrokerChooser, we consider clarity and transparency as core values. Each coin’s buy and sell price will be listed on the exchange. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use. All logins to your account are reflected in your Settings menu, under ‘Last logins’. Upon registering, you can make a Crypto or Fiat deposit or purchase Crypto with a credit/debit card or bank transfer to begin trading. Varies on account type. Via the Fees and Conditions page, users can view trading fees across the Global Markets, Crypto Futures, and Copy Trading products. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. As a general rule, the more liquid the market, the higher the leverage ratio available. It’s often these assets that are extremely oversold that perform the best during the next bull market. Dogecoin works through Proof of Work mining. Canada, and Japan, we could see a faster development of its adoption and popularity. PrimeXBT does not specify a fixed minimum deposit amount to start trading. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. This is fantastic news for all types of traders, from day traders all the way up to those who hold very long positions. I always use my principle that good cooperation cannot be built without trust. This leveraged trading platform has a nice UI/UX and clean candles without the typical Bitmex flashes. He’s particularly excited about real world applications of blockchain technology. In this case, if your SL/Stop Buy order was executed, this means that the ASK price of the asset has reached the price specified in your order. The higher your level, the less restrictive the limits.

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The following data may be used to track you across apps and websites owned by other companies. In addition, Fiat wallets allow users to deposit, withdraw, and transfer Fiat currencies. Your profits will depend on your patience, trading decisions and the success of your trading strategies. Make sure you are familiar with all the rules and regulation about short selling on the given platform you want to trade as there can be differences in the terms. This feature allows customers to automatically copy and execute the trades of leading traders who use the platform. Additionally you can deposit directly to your Global Markets and Crypto Futures trading accounts by preselecting the destination upon your deposit to the platform. Com use credible sources to support their work. All fund transfers from Cold Storage to Hot Wallets are handled manually and require the coordinated actions of multiple employees. It is only effective for traders who have a good understanding of the markets and trading concepts. Though if you know your way around a trading chart and have some experience, you won’t find any glaring issues with either PrimeXBT or Bybit in terms of user friendliness. If you have ambitious goals you might want to consider trying all of these methods at once. Clicking this will allow you to select a market that you have the cryptocurrency to trade on. Big names such as BlackRock, Fidelity, and Invesco started offering the product, flinging the door open to institutional investors. Even a small price movement that goes against your favor can completely wipe out your account if you overtrade.