PrimeXBT Review 2025

Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Their Mobile App has a scam to PrimeXBT global it. The PrimeXBT platform has plenty of tools available to suit traders of most skill levels. This leaves Volet and Perfect Money as the alternatives. The broker is heavily focused on crypto services, offering an extensive range of cryptocurrencies but a limited selection of other instruments. PrimeXBT Trading Services, S. Correct me if I am wrong. Any reliance you place on such information is therefore strictly at your own risk. Labeled Verified, they’re about genuine experiences. This strategy has persisted through 319 days, indicating resilience and a potential turnaround that could interest risk tolerant investors. Leverage amplifies your profits in short selling.

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The file is verified secure by PrimeXBT. While the broker offers competitive swaps, based on my findings, it does not provide any assets suitable for longer term trading. For fees, Bybit follows the standard Maker/Taker fee model meaning that they charge traders a fee if they take liquidity off their books and give them a rebate if they provide liquidity to the exchange. For detailed tutorials see. Yes, PrimeXBT provides a demo account feature that allows you to practice trading with virtual funds before risking real money. Let’s continue with the breakdown of the tab. It will also give you the tools to sharpen the skills of a professional. However, there are a number of different ways that a person can actually invest in Ripple and start to make money off of XRP. Go to Settings > Security and enable Install from Unknown Sources if prompted. But, they don’t have live chat support right now. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. While HODL is a viable strategy for traders who believe that digital currencies are the future of global trade and the economy, it doesn’t come without risks. The required margin is different for each trade, so make sure your account is appropriately funded. Third party service: you can use third party service, such as Coinify TC, which allows you to buy BTC, ETH, USDT, and USDC using your bank card, SEPA bank transfer and have it transferred to your Prime XBT wallet. Mobile versions of trading terminals have somewhat reduced functionality. Click Download and confirm the file download if you see a warning. Only then is the pattern confirmed.

PrimeXBT’s People

The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. Users are able to engage in both cross margin and isolated margin futures activity. FSCA Regulated SAFCA Regulated UKASIC Regulated AUSCySec Regulated Cyprus. 本社所在地〒153 0052東京都目黒区祐天寺2 8 8 ロジックファクトリービル. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. Money management is crucial when trading any position, but even more so when going short. Register on PrimeXBT using this link. Your satisfaction is our top priority, and we’re glad you’re enjoying your time on our platform. This includes simple errors like misinterpreting market volume or momentum to catastrophic errors like trading in an emotionally elevated state or “fat finger” mistakes i. To start trading in real time on PrimeXBT, follow these steps. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. Becoming successful takes plenty of time and practice, and often new traders end up losing money before they learn enough from their mistakes to correct them and later become successful.

Highlighted Standout Features

This can help you to prevent transfers to unauthorized wallets, which is handy in case anyone gets unauthorized access to your trading account. 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. On the other hand, there’s a flat 0. Another advantage of PrimeXBT is that you can practice leveraged trading on the PrimeXBT demo platform using fake funds. Trading involves risk. Not only can they be risky for the end user, but poor behavior can cause an exchange itself to struggle in terms of liquidation. These promotions often include welcome bonuses for new users, percentage based bonuses on deposits, and exclusive promo codes shared via social media and newsletters. Customers only need to provide a valid email address and a password to create an account. Use the Crypto you buy to purchase goods or services at participating outlets. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. PrimeXBT ensures regulatory compliance by implementing robust anti money laundering AML procedures, enforcing know your customer KYC requirements, adhering to data protection regulations, conducting regular audits, and obtaining necessary licenses and registrations to operate legally in various regions. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Brand operating since. The system will verify the code and apply the relevant bonus to your account. Seek independent advice if you have questions or do not fully understand the risks. Open the downloaded file and tap Install to complete the installation. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Staying informed and proactive about fee management is key to successful trading. The website also contains a useful Help Centre for general queries. With PrimeXBT, traders can also participate in legacy markets, which is a distinctive advantage. It’s unwise to have an opportunity to make free money and letting it go without availing. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Be sure to follow all instructions carefully to ensure nothing goes wrong. ServicePancakeSwap does not provide direct support but has an active community accessible via platforms like Discord for assistance and interaction. Seek independent advice if you have questions or do not fully understand the risks. These will be processed almost instantaneously.

Install the APK:

As is the case with any exchange, there is always a possibility of hacks. Of course, even if a hacker is able to get hold of a user’s password, PrimeXBT offers two factor authentication, meaning a hacker won’t be able to access a user’s account without also having a user’s 2FA code. Ripple Labs denies that claim. 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. Step 2: Choose the trading pair you want to trade Take BTC/USDT as an example. Installing the PrimeXBT app on an iOS device is a quick process. Virtual assets are inherently volatile and subject to significant value fluctuations, which could result in substantial gains or losses. Scan the QR code with your device’s camera and get APK file. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Click Download and confirm the file download if you see a warning. These alternatives offer various discounts and deals, making them competitive options for cryptocurrency trading. The ask is always higher than the bid. Once your account is funded, you can begin exploring the platform and its trading features. Range trading is favourable for cryptocurrency trading because it defines the entry and exit positions, lowering the risk of losses. This causes a slight delay in funds being available in the account. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. 1% spot trading and 0. Date of experience: September 28, 2024. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. These cookies are necessary to the core functionality our website and some of its features, such as access to secure areas. Of course, each cryptocurrency withdrawal is still subject to the industry standard miner or network fee, but Bybit keeps these as minimal as possible. As a US trader, it’s really starting to look like the US doesn’t want its citizens trading crypto. Generally, the thing that takes up the most time for customer support staff is KYC verifications. The minimum deposit required varies for each bonus.

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Our 24/7 support team here to help. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders. Those that don’t are often quickly approached up by the ATO. Cardano is considerably more stable than many competitors and tends to move more slowly and deliberately as far as advances are concerned. Copyright © 2025 EA Trading Academy. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. Up to 100x in all cryptocurrency pairs. PrimeXBT has developed a comprehensive mobile app that enables traders to place new orders, adjust existing trades, analyze price action, and access a range of educational materials.

2moon Crypto signals

I reviewed PrimeXBT’s legal documents and found that everything was in order. In conclusion, Prime XBT has a lot of advantages, such as various trading instruments, free minimum deposits, a powerful trading platform, and multiple security measures. A news release is pending, causing you to believe Ether will appreciate, reaching $4,500. PrimeXBT is an award winning trading platform offering Bitcoin, Ripple, Ethereum, EOS, and Litecoin in addition to traditional assets like stock indices, commodities, forex, and more. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. 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. In my opinion, this platform is gaining popularity in the crypto trading community. This table provides a quick reference to the key aspects of PrimeXBT’s user base and its impact on the cryptocurrency trading market. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. To become a member, simply sign up on their website and complete the verification process. For example, if you deposited with Volet, you must also withdraw using Volet. If there is some type of bullish impulse, it’s very likely that Stellar will struggle to get above $0. 5 BTC which shows how profitable this method can be. Exchange Traded Funds ETFs are investment funds that trade on stock exchanges, much like stock shares. During my PrimeXBT review, traders were offered a well structured reward program worth $5,000+ for achieving trading milestones. Starting Price: Available on Request. 05% for most trades and providing special rates for crypto futures. At PrimeXBT, we want you to succeed as a trader. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Phemex launched a novel spot trading service with zero fees in May 2020. It’s basically what all fintech apps have attempted to do over the past few years. For USDT, USDC and COV the withdrawal fees vary depending on the network used. The EUR/USD pair is a popular currency pair to trade in the. This strengthens PrimeXBT’s overall security and helps to promote a safer global financial community. The domain name ‘bitcoin. Plus we should note that PrimeXBT will strive to approve your withdrawals on the same day that you make them. PrimeXBT is undoubtedly amongst the leading cryptocurrency exchanges, but unlike many of its counterparts, the platform also supports the trading of legacy market products such as stocks, commodities, and forex. The responses were fairly detailed but lacked accuracy in addressing all queries.

What is a web trading platform?

However, cryptocurrency trading with PrimeXBT includes a 0. With cash accounts, customers can only buy and sell assets to and from cash. Returns may be subject to tax. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. By being aware of these common mistakes and taking steps to avoid them, you can maximize the benefits of PrimeXBT bonuses and enhance your trading performance. However, on the plus side, we note that you can withdraw funds in both cryptocurrency and fiat currency and in some cases even in cash. PrimeXBT also offers bonuses through its referral program. While such high leverage amplifies potential profits, it also heightens risks. This is because both futures and stock markets are centrally controlled, via an exchange. In this sense, it allows another way for clients to profit. So, should you use mobile trading. The commodities markets are much more straightforward than some other markets. 02% for makers, and leveraged tokens have a 0. Using the virtual funds in your Demo account, you can now access all the instruments, tools, order types, and features available when trading with a Live account. We’re here to help make your trading experience as smooth and successful as possible. Crypto Futures example. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms.

Swyftx vs Independent Reserve: Which Is The Right One?

Security is another essential element. We provide expert guidance and resources to help you navigate forex trading with ease. 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. Withdrawal options include. The leading community for cryptocurrency news, discussion, and analysis. This ensures compliance with regulatory requirements and helps maintain a secure trading environment. Register and join our community with millions of traders from all around the world. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Sim, você pode negociar criptomoedas, forex, commodities e índices no aplicativo PrimeXBT, assim como na plataforma desktop. Additionally, there is an overnight fee for positions held open past the trading day, which is common in CFD trading.

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If you have any other suggestions or need assistance, please feel free to reach out to our support team via live chat or email at. Seek independent advice if you have questions or do not fully understand the risks. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. By adhering to these limits, traders can avoid potential delays and optimize their trading strategies. The platform has plenty of innovative trading tools with enough advanced features to satisfy even the most technical traders with all the charting and drawing tools one needs. Share strategies and collaborate using social tools. However, judging by the reviews on the Internet, PrimeXBT users have not had any problems with hacker attacks or other issues regarding the security of the platform’s activities. Users can feel confident knowing that Coinbase operates under stringent regulatory guidelines, adding an extra layer of trust. The fund will only be used for a judgment that has been issued by the Financial Commission. Dear Gokce,We appreciate your feedback on the versatility of the PrimeXBT trading platform. We’ll continue our investigation to unearth the truth. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. If you need any support or wish to share more about your trading experiences, please don’t hesitate to reach out at. ” The ability to risk so little goes a long way toward your education. Bybit follows a tiered structure with the following fees for Spot and Derivatives trading. So for now, we are watching this $0. It was founded in 2018 and registered in Seychelles, with a daily trading volume of over $375 million. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. Com accepts the following forms of payment. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. Traders have the option to spread the platform out across more than one screen or can have numerous different markets on a single screen. Participants can earn attractive commissions on the trading activity of their referrals, boosting their earning potential while expanding their network, featuring a unique 4 level hierarchy system. 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. Proper preparation through technical analysis is also a risk management strategy. Many reputable exchanges offer it. Go to Settings > Security and enable Install from Unknown Sources if prompted. Follow these steps to get started with the app on your iPhone or iPad. All reviews, either positive or negative, are accepted as long as they’re honest.