PrimeXBT Reviews

In order to do this, you will need to provide them with an email and password. The broker is also active on the below social media and can be contacted via email –. The platform is recognized for its extensive offering of over 140 contract trading pairs margined in USDT with up to 100x leverage and over 300 spot trading pairs. For USDT, USDC and COV the withdrawal fees vary depending on the network used. PrimeXBT’s Covesting Copy Trading feature allows you to automatically replicate the trades of successful traders. The prices of commodities BRENT, CRUDE, and NAT. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. These help users understand the market and trading strategies better. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. You will be buying or selling the position with a platform that does all the work under the hood for you, not signing contracts. PrimeXBT does not charge any fees for directly buying crypto with fiat currency using its platform. However, you’ll need a cryptocurrency wallet that’s compatible with the tokens you want to deposit. In the event of system overloads, PrimeXBT’s trading engine efficiently manages order queues to mitigate the impact of high volatility. Leveraged trades can also occur on other exchanges, such as Binance and KuCoin, although they may not have isolated options available. This move comes amid ongoing efforts to support the UK economy in the face of various economic challenges. However, the question remains: how do these alternatives measure up to PrimeXBT.

13 Best No KYC Crypto Exchanges in 2024 Buy Crypto No KYC

Other limitations include the lack of supported digital assets and only 39 crypto trading pairs. If you have a higher exposure to the market, PrimeXBT will reduce leverage limits, as depicted in the image above. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. Thanks for your feedback. Your trading account balance – used up margin falls below a certain threshold, in which case you’ll be asked to deposit additional funds if you want to keep your trades open. Any payments by Traders Union TradersUnion. Nothing on this Website is intended as visitar site a marketing or promotion of its services to citizens of the EU/EEA or the UK. Now for a few downsides.

Cryptocurrencies Available on PrimeXBT

Prime Technology Ltd is PrimeXBT’s Technology Provider. The markets are some of the most popular markets in the world that fall under this category and allow for diversification. Lastly, you can’t rearrange or resize modules on the desktop platform. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. During testing, I received fast responses with a reasonable level of detail. This was indeed also our experience. In the case of Dogecoin, the network isn’t as secure as the Bitcoin network. We wanted to show our clients how much we appreciate them and offer them a way to explore the new. PrimeXBT Bonus 200$ and 35% Deposit Bonus. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. We cover Bybit’s products in more detail in our Bybit review, but to provide a high level of the most prominent features, here is what Bybit has to offer. We have tested the work of support at different times of the day and in different languages English, Russian, Ukrainian and can conclude that managers do not make the user wait long. By batching transactions together, the platform effectively reduces the cost per transaction on the network, benefiting users by lowering their withdrawal fees. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. A Stop order is an order to buy or sell an asset once the price of the stock reaches a specified price, known as the stop price. Cryptocurrency has proven time and time again to be one of the best investments you can make. You have to refer the platform to your friends and family and when they sign up at Primexbt, then you are awarded in cash for this. By taking this measure, Mythos gaming partners can create their own chains and build the biggest, most interconnected gaming ecosystem in Web3. 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. Withdrawal options are consistent with deposit methods, with fees clearly stated, offering transparency. 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. In July copy traders posted remarkable performances.

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Our goal is to provide a supportive trading environment and access to experienced traders who can help navigate through market volatilities. PrimeXBT is an acceptable choice for day traders. Although the number of those transactions increased so has the adoption of cryptocurrencies. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Cardano stands out from other cryptocurrencies due to its history as a blockchain project with a scientific foundation, its distinctive features like layered design and formal verification, and its dedication to sustainability and scalability. Khary Robinson is the Executive Chairman of Norbrook Equity Partners “NEP”, a holding company that acquires and operates privately owned businesses in emerging and niche markets. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. PrimeXBT, a leading online broker, provides an exclusive all in one trading platform designed to meet the diverse needs of traders. 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. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. Their fees are typically less than $2. In terms of regulation, PrimeXBT emphasizes privacy and does not require KYC Know Your Customer verification for basic accounts, making it accessible to users who prioritize anonymity. 99% fee, not PrimeXBT. Check out the fees section to confirm the exact fees on the day. However, the absence of custom price alerts was a notable drawback. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. We also offer the option to deposit money, or buy Crypto outright. Dear Jack,Thank you for sharing your experience. We’re pleased to hear you find our fees reasonable. It is worth noting that Perfect Money charges the 1. So, I think I made the right decision to choose this platform and open my first real trading account. PrimeXBT offers standard order types including market, limit, stop loss and OCO. Unlimited via Perfect Money.

PrimeXBT Covesting Copy Trading

London, City of London. This refers only to the methodology in which it is used to settle contracts. We also ensure all reviews are published without moderation. Opportunities to adopt blockchain based supply chain solutions could arise from cooperation with logistics firms or large multinational enterprises, improving efficiency and confidence throughout the supply chain. The complex interface is unsuitable for inexperienced traders. If you have traded with PrimeXBT we would really like to know about your experience please submit your own review. One of PrimeXBT’s standout features is its leverage trading, which allows traders to magnify their potential profits. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. This way, they can avoid unnecessary losses and reduce their overall risk exposure when trading on margin. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. He’s particularly excited about real world applications of blockchain technology. Essentially, it keeps price discrepancies low giving traders greater transparency. The minimum deposit is 0. If this is something that you would like to get involved with then you will need to get your referral code. Any vulnerabilities in the smart contract code, either in Chainlink’s own contracts or those it interacts with, could pose risks to the ecosystem.

Businesses

It serves clients in over 150 countries and has over 100 trading assets available. This level of access is unprecedented, and unmatched setting PrimeXBT miles apart from even its closest competitors. When the exchange measures its slippage, you can see that 94% of users orders were met at Quote or better Source: Blockgeeks. While leverage can be a great tool, it needs to be respected. This platform represents an evolution of the “PAPYRUS Messenger,” serving as the cornerstone of the ambitious “unagi” initiative, aimed at catalyzing the mass adoption of blockchain technology. These developments raise questions about whether Aave’s price could climb to $200 soon. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. 🌟 Hey there, curious investor. It suggests choosing the platform that aligns with one’s trading interests and needs. This was indeed also our experience. The ability to sign up without KYC or ID verification appeals to those who value privacy. The terminal is distinguished by its high speed operations and advanced functionalities. Information written by the company. PrimeXBT integrates TradingView charts, which is a nice feature. Sharpen your skills using PrimeXBT’s free educational Trading Academy. Yes, PrimeXBT is designed to cater to traders of all skill levels.

Margin Trading

2 of PrimeXBT’s Terms and Conditions. Registration takes just a minute or less and requires only a minimum deposit of 0. The interesting thing is that FTX US has now stopped withdrawing money, on paper, FTX com and FTX US are 2 different companies but the truth is not soBlockfi platforms stopped withdrawing, as of today, the number of people who still keep money on Blockfi may not be much, but this raises concerns. Many analysts say the reason may be automated trading bots which place purchase orders when BTC starts growing, causing a correlation between Bitcoin and Altcoins. However, they do handle Western fiat currencies and maintain bank accounts in several countries to facilitate deposits in various national currencies. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. There is now no denying that the digital asset class is here to stay. PrimeXBT is an acceptable choice for day traders. Only proper legal or regulatory authorities will receive customer transaction data. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. Additional terms may apply to free offers. Trustpilot provides a broad spectrum of user experiences, offering valuable insights into both the strengths and potential challenges of using PrimeXBT. Currently, there is a limited time promotion where referrers can earn a $300 bonus if their referee registers, deposits at least $300, and makes at least 30 trades, reaching $500,000 in trading volume across crypto futures or crypto CFDs. PrimeXBT will now ask you for this number. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis.

We encourage constructive feedback

Imagine a world where blockchain transactions happen instantly and without breaking the bank. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. The market should be approached from two directions, not simply “buying and holding. All contents on this site is for informational purposes only and does not constitute financial advice. This method effectively measures the capability of customer support to assist both active traders and casual investors. It’s great that you’re also conducting your own analysis to complement the insights we provide. You can also customize the interface to suit your preferences. Only for verified users. ◾️How much money can I make. To register on the PrimeXBT website, you need an email address and a password. Notably, there are no trust scores from CoinMarketCap and CoinGecko. Save more money and time by browsing our hottest deals. Starting with PrimeXBT is easy –just follow our simple PrimeXBT registration process. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. DeFi – This section is definitely designed with first time DeFi users in mind. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. The Reward Center introduces the Reward Account, a dedicated space where you can collect and manage your bonuses effortlessly. Other limitations include the lack of supported digital assets and only 39 crypto trading pairs. 1133 and the resistance of $0. Alternatively, you can overview the ‘Margin impact’ field to automatically calculate the amount of margin you need to open a new position. Now, I can chase even small price movements in Bitcoin, like $500 instead of predicting a price movement of a couple of thousand dollars. Cryptocurrency early adopters and developers have been on the forefront of technological advances, so it make sense that eventually they would provide a solution that marries both the decentralised ethos of cryptocurrencies and the imperative for robust KYC policies. 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. 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. This is an alarm bell for many, as it means there is no authoritative body to hold the platform accountable or enforce any sort of laws or rules. BTC/USDT is currently the most active trading pair on PrimeXBT, and saw $ 300.

Risk warning

Prices for currencies and other trading assets are derived from liquidity providers, which include banks, financial institutions, and other market makers. Traders have the option to spread the platform out across more than one screen or can have numerous different markets on a single screen. Learn more about other kinds of reviews. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. While there are a host of other traders in the markets, most commodity traders are speculative in nature. In contrast, PrimeXBT offers strength in its diversified trading options, including traditional markets accessible through crypto based accounts. PrimeXBT offers leverage of up to 1:200 for specific trading pairs, which means traders can control a position size up to 200 times their invested capital. Also, there are no fees for depositing cryptocurrencies. I found the KYC process to be straightforward, with my account being verified instantly. We strive to provide a reliable and secure trading platform for all our users. While such high leverage amplifies potential profits, it also heightens risks. By understanding the risks and opportunities, implementing a solid strategy like DCA, and conducting thorough research, you can position yourself to potentially benefit from Ethereum’s growth in the years to come. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. Prime Technology Ltd is PrimeXBT’s Technology Provider. PrimeXBT reserves a Compensation Fund that can reimburse customers with up to $20,000 only on judgments made by the Financial Commission. If you are looking for easy and instant access to crypto without needing to register, then ChangeNow is your answer. De reikwijdte van het mogelijke verlies beperkt zich tot de gelden die op uw handelsrekening door ons voor en namens u worden aangehouden. You decide that the pound will continue to look weak going forward, as the economic figures coming out of the United Kingdom continue to nosedive. Bitcoin’s supply is hard capped at 21 million BTC and combined with each block halving, gives Bitcoin a deflationary aspect and provides the asset with a scarcity similar to gold. It is important to remember that each promo campaign is subject to a unique set of rules and conditions. Should a CDD procedure be initiated, PrimeXBT may request specific documentation, such as Proof of Identity, Proof of Address, and Proof of Source of Funds. The broker offers only cryptocurrency based accounts on Bitcoin, Ethereum, USDC, and USDT. 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. PrimeXBT allows direct Fiat deposits to Global Markets CFDs currency trading accounts by automatically redirecting them from your wallet when a deposit is made.

Compare Crypto Exchanges Side by Side With Others

These updates, aimed at providing tailored marketing solutions for crypto projects, include new limited time offers and expanded options for Cointelegraph publications. 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. 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. 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. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. 67 USDHow can the financing of this trade outweigh the profit by a few cents. 2 of PrimeXBT’s Terms and Conditions. Dear Miguel,We appreciate your feedback on the accounts and our fee structure. You can only withdraw fiat using the same payment method you used for deposits. This is why so many people use technical analysis right along with fundamental analysis, using the fundamental analysis as a way to look for the directionality of the trade, and the technical analysis as a gauge for entry, stop, and profit taking levels. Factors that can affect swap fees include central bank interest rates, exchange rates, and whether your position is long or short. Still, it should be noted that any Shiba Inu price forecast Also has to make a lot of assumptions. PrimeXBT is a crypto derivatives exchange. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Receive the latest news and stay informed. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. Enable One click trading: enable/disable available trade modes;. 05% for Margin and Copy Trading. The company announced the news on Wednesday Sep,. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page.

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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. Placing Your First Trade on PrimeXBT. We’re always working to improve the experience. On the right side of your position, you can find a little “x” mark that you can press if you want to close it. You can receive payouts of up to 50% of trading fees commissions paid by your referrals. Coin Price Forecast is very bullish for both 2024 and 2025, as they believe that although there may be more of a plateau in 2024, by the time we get to the end of 2025, they expect that Bitcoin could hit the $54,824 level. Betting it will stay in this range too. Subscribe to our newsletter, to be up to date with all the latest news, offers and special announcements. Duedex will not ask for any ID documents or personal data for the purpose of registration and login. We appreciate your patience and understanding as we work to address these concerns. For all questions, security issues, product related inquiries, and business proposals, please reach us. Deposits can be made to your PrimeXBT Wallet, or directly to any of your CFD Trading or Crypto Futures trading accounts. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide. Check out PrimeXBT social media. Lastly, you can’t rearrange or resize modules on the desktop platform. Initial data: Resistance $200 = x / Support level $185 = y / Downtrend target = z. Others say it is akin to investing in a piece of the internet during the early dot com days, if the internet was an asset like Bitcoin is. Opinions regarding PrimeXBT are mixed, as you can see in our comment section below. Be sure to use a password that is both strong and unique not used in any of your other accounts. But before there is a clear sign that the bull run is back on, a better way to power your profitability exists. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Can I change my leverage. However, demand can make almost anything possible.

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There are so many online platforms for cryptocurrency exchange these days. 01% and a taker fee of 0. LEVERAGE reflects the amount of a traders own funds margin required, in comparison to the size of the position that they wish to open. Asset Coverage:One of the standout features of PrimeXBT is its extensive asset coverage. Keep scrolling as we reveal the answers to these questions and more. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. For beginners or those who prefer a hands off approach, PrimeXBT’s Covesting Copy Trading module offers the opportunity to follow and copy the strategies of experienced traders. The smallest unit of Bitcoin is called Satoshi which has a worth of 100 millionth of a Bitcoin. Seize control of your trades wherever you are – introducing the PrimeXBT app, available for download on both iOS and Android platforms. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. PrimeXBT’s unique selling proposition is its advanced security measures and the innovative copy trading feature, which enables users to replicate the trades of successful traders. By subscribing you agree with Finbold TandC’s and Privacy Policy. United States of Minor Outlying Islands. Most digital exchanges offer dozens if not hundreds of crypto trading options for users to choose from. They are just going above and beyond here. Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. As for cancellation, withdrawals can typically be canceled only if they are still being processed and have not yet been confirmed on the blockchain. If this is your first trade, remember to stick to your plan, and don’t let nerves get the best of you if it looks like the trade is going the wrong way. However, the order form lacks the range of conditional orders found on Binance and Bybit, limiting strategies like TWAP. For example, you put down $25 USD and leverage 4:1, or 4x, to borrow $75 USD to buy $100 USD worth of Bitcoin. Be aware of common tactics forex scammers use, such as offering free trading robots or automated systems that claim to generate high returns with little risk. 495 level, as shown by the yellow line. More exciting assets and features are yet to be added to PrimeXBT as the platform scales, and when they do, they will indeed be available on the mobile trading app. With its global reach, it’s available in over 150 countries.

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PrimeXBT operates in a wide range of global markets, offering its services to users in more than 150 countries around the world. However, it’s worth noting that what Elon Musk says and what he does are quite often two different things. No CFD trading fees, but watch out for spreads, commissions, and swaps. PrimeXBT offers a suite of powerful tools designed to help traders make informed decisions and optimize their trading strategies. At PrimeXBT, we strive to offer excellent trading terms and convenient payment options. Technical approaches rely on existing price data and precise measurements, or the use of Fibonacci extensions. We take allegations of unfair practices seriously and would like to investigate your claims to resolve any issues. PrimeXBT supports multiple withdrawal methods to ensure that traders can access their funds conveniently. Another common mistake among crypto traders is to trade against the trend. Shiba Inu is best shorted when the entire crypto space is falling apart. Just like any other financial market, cryptocurrencies move in cycles. We’re here to help you succeed and make the most of your trading experience. Covesting is a company registered in Gibraltar and is a fully licensed Distributed Ledger Technology Services Provider. I strongly advise against it. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. Lastly, the platform supports two factor authentication to help users keep their accounts safe in cases where their passwords are leaked. PrimeXBT Leverage is one of many features that advanced, experienced traders look for because most platforms offer very limited leverage when trading crypto. However, the pros outweigh the minor drawbacks, such as not having proper regulation. Regulators are increasingly monitoring exchanges to ensure they comply with anti money laundering regulations.

Mobile App for PrimeXBT

PrimeXBT is an online trading platform that allows users to trade various financial assets, including cryptocurrencies, forex, commodities, and stock indices. As you close the trade, the margin is automatically returned to your account balance. Ensure you use strong passwords and enable two factor authentication for added security. The complex interface is unsuitable for inexperienced traders. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. 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. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. The minimum amount of personal funds required to be a covesting leader depends on the currency. 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. Receive the latest news and stay informed. It supports hundreds of perpetual futures, covering large and small cap markets. You can open an account and start trading with just your email address. Orders and positions will be Sent/Canceled/Closed immediately and without confirmation prompts. Rather than purchase Bitcoin for yourself, another way to earn money with Bitcoin is by accepting the cryptocurrency in exchange for goods and services. Traders can check the current funding rate in the trading area of the broker platform they use. Basically, I can: Trade manually, the chart and instruments are adequate and executiions is fast enough Buy crypto that I want and hold it Copy trade, select one trader from the list and copy his/her trades Take part in various contests free of chargeP. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website. Best Wallet offers everything you need for a safe, reliable, and anonymous trading experience. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Alternatives of CoinSwitch Kuber and PrimeXBT. It’s important to review these conditions before applying a promo code to ensure eligibility and avoid any issues. Instead, they expect Dogecoin to struggle to stay above $0. Unlike most exchanges today, KYC verification is optional on PrimeXBT. Best Forex Trading StrategiesLow Spread Forex BrokersBest Currencies to tradeWhy Forex Traders lose money.

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Once you have funds available in the trading account, you can click on « Trade » from the top navigation bar. Claim up to $7,000 in Bonus. To celebrate our recent revamp, we’re excited to announce our exclusive Revamp 2024 Trading Contest. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Switching markets and searching trading pairs on PrimeXBT is straightforward. 00001 a few days before launch. Daily withdrawal limits on PrimeXBT depend on whether you have a verified account. If you already have crypto, depositing into a PrimeXBT account is a simple process. For Shiba Inu to gain traction, it must build a real world case. Chainlink was invented by the current CEO, Sergey Nazarov, and current CTO, Steve Ellis. Safety and stability are the only things that matter when I trade. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. NCN CapitalTransportweg 9d2421 LT NieuwkoopNederland. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition.

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Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. However, there’s a demo version for new users who are unsure about using the exchange. PrimeXBT offers traders 46 currency pairs, nine cryptocurrency pairs, six commodities, and 11 index CFDs. These factors can cause variations in fee rates. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Copy trading is a real game changer for beginners. Here’s our detailed analysis of the futures trading experience. 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. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email.