◾️My Take Profit/Limit Buy order was NOT executed even though the price on the chart dropped and reached it? Why?

✅To use a debit or credit card to make a deposit. PrimeXBT strives to provide the highest level of security to its platform users. This strategy capitalizes on anticipated market decline. What sets PrimeXBT apart from its competitors is its commitment to providing a truly all in one trading experience. The smallest unit of Bitcoin is called Satoshi which has a worth of 100 millionth of a Bitcoin. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. These funds can then be used to trade on live accounts. Unlimited via Perfect Money. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The adequacy of such licenses for the operation of a cryptocurrency exchange has not been judicially tested. This survives Agreement termination. The company’s foundation and evolution reflect its dedication to meeting the evolving needs of traders and maintaining a leading position in the competitive trading platform market. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. BONK’s price resilience and technical indicators, including a double bottom pattern and proposals for a token PrimeXBT funding burn, indicate a bullish outlook. ByGrace AshiruNovember 29, 2024, 11:55 pm. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. The table below provides an overview of the typical transaction fees for different asset classes on PrimeXBT. $2,000 by bank card.

PrimeXBT Payment Limits

MultiversX Elrond EGLD. Currently, PrimeXBT supports margin accounts with a base currency of ETH, USDT, or USDC. To create a PrimeXBT account, visit the PrimeXBT website, click on the “Sign Up” button, provide your email address, create a password, and agree to the terms and conditions. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. It is suspected that VPN technology is used quite frequently by crypto traders. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. The platform’s robust security infrastructure ensures a safe trading environment for all users. PrimeXBT has established itself as a premier platform for crypto futures trading, offering traders a comprehensive suite of features to navigate the dynamic cryptocurrency market. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds.

Trying

With enterprises and institutions increasingly leveraging Polygon for its scalability and low transaction fees, POL ex MATIC could play a key role in powering next generation decentralized platforms. Lastly, PrimeXBT has also implemented advanced hardware modules to execute their trading technology by hosting on AWS web servers, which are known to be some of the best in the industry. There is no definitive catalyst for Ethereum to take off and start going higher. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. So that you can take full advantage of all that PrimeXBT has to offer. This minimized my losses and still only cost 0. For example, a trader with a low tolerance for patience might prefer a strategy involving scalping, and wouldn’t be able to maintain longer swing positions. They offer 24/7 customer service, lots of educational materials, and the PrimeXBT Academy. This reward is what incentivizes miners to continue to confirm transactions and keep the Bitcoin network growing. PrimeXBT has won several industry awards, and has received an AFS license from the ASIC, essentially certifying that the platform meets certain safety standards set by the regulator. This is a kinda versatile trading platform. Deposits of digital currencies from an external wallet are free. The second and final round of our Reduced Fees Giveaway has ended, and it’s time to announce our newest set. A strategy is a pool of a trader’s personal funds which are visible to the public and can be followed by other customers on the platform. In an op ed published with the Wall Street Journal, Munger argued that Bitcoin isn’t a currency, commodity, or security, but simply a form of gambling ” with a nearly 100% edge for the house. This can be good or bad, depending on whether or not the trade has worked out. By the end of this article, you will have a clear understanding of the costs associated with using PrimeXBT, which will help you plan your trading strategies more efficiently. Both platforms prioritize user privacy while implementing strong security measures to protect user funds. Otherwise, if you would have to take delivery of €100,000 to speculate. In the world of Cryptocurrency, there are two main avenues to Crypto trading: spot trading and derivatives trading. Unlike most other popular Cryptocurrencies, Dogecoin didn’t have a roadmap for the longest time. Does Prime XBT use MetaTrader. Its low trading fees and wide range of markets make it an appealing option for advanced and higher frequency traders who can stomach the risks and reward tradeoffs of leveraged trading. There are no fees for opening an account, keeping it, or depositing funds, making it easy to start trading. Alternatively, you can click ‘Verify Account’ from the same menu. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. All reviews, either positive or negative, are accepted as long as they’re honest. Bitcoin was created by Satoshi Nakamoto, whose identity is still not known to this day. Information regarding past performance is not a reliable indicator of future performance.

FAQ

And have it transferred to your PrimeXBT wallet. Let’s face it, without reliability, no platform can make a lasting impression. The LINK tokens are ERC 677 tokens, inheriting functionality from the ERC 20 token standard, allowing for token transfers to contain data. Trading Education is highly optimistic, with price predictions as high as $8. The vast majority of blockchains, excluding privacy coins, are public. Unlimited for verified users. Open the downloaded file and tap Install to complete the installation. The exact percentage can vary based on the asset class you are trading, whether it’s cryptocurrency, forex, commodities, or indices. This fee structure helps traders plan their costs better and manage their money more effectively.

How high will Ethereum go?

Strategies that work with buying, work with shorting as well. For level 2 referrals, you earn 15% commission. Typically, the interest is charged at a monthly rate, divided by the time involved. Here are a few of them. PrimeXBT integrates TradingView charts, which is a nice feature. You can reset your account password using the Password recovery feature. Depending on what type of asset you are trading, borrowing an asset can incur financing costs, which rewards the holder of the asset in the form of interest. Receive the latest news and stay informed. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. That is one of the reasons why here at the Coin Bureau, one of the ways we strive to help our community is by streamlining the process and helping folks find the right exchange that is best for them. Commissions will be a detailed review of all commissions earned from referrals, while raw clicks displays a full list of all the clicks driven from your online referral activity. Join our official communities. Each unverified account has a 24 hour withdrawal limit of $20,000 or equivalent. 62 billion within 24 hours, with $75. Since PrimeXBT is solely a derivatives trading platform and does not offer spot trading, it has not been reviewed by many of the trusted ranking websites we typically rely on. PrimeXBT’s entry into the South African market is part of its broader mission to democratize access to financial markets. PrimeXBT supports deposits in BTC, ETH, USDT, USDC, and COV. For our trading test, we thoroughly evaluated the PrimeXBT platform. In terms of fees on the platform, there are a couple of things you should know. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement.

Client Focus

When it comes to investing or spot trading alone, the only way to trade is through buying or selling assets on an exchange. Trading should be considered only if one has the appropriate risk capital. Leverage can be a powerful tool when used correctly. You can also easily create and import your own custom tools, indicators, and EA on the platform. PrimeXBT has not gone public yet. PrimeXBT Trading Services, S. Tony Severino – is a Technical Analyst, Content Producer, and Trader at PrimeXBT, leveraging over 15 years of experience in online media. For example, if you have a long position in Bitcoin but think that the price could collapse in the coming hours or days, instead of closing your long position, you could simply hedge the position by shorting Bitcoin in the same amount as your long trade. It’s great that you’re also conducting your own analysis to complement the insights we provide. PrimeXBT lets you deposit several cryptocurrencies like BTC, ETH, USDC, and USDT. Account verification is completed upon Depositing Cash.

Defining Cross Margin

Dear Felipe,We’re glad to hear that you’re enjoying the crypto futures on PrimeXBT. 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. Staking: Risks associated with staking include the possibility of losing staked money as a result of network flaws or attacks, reducing the severity of punishments for unethical conduct, and market volatility impacting the value of staked assets. Is the price near an important support or resistance area. Zengo offers 24/7 round the clock customer service and support, ensuring any queries or issues are always addressed promptly. However, depositing fiat currency requires KYC verification. Schedule your free consultation now. I got to have a safety bag, so to speak, in the form of global markets likes some commodities or indices. For instance, some exchanges may inflate their volume to appear more popular and attract more traders, so it’s crucial to use multiple sources as a reference to get an accurate picture of the current state of affairs on the market. The probability of an upward breakout is high because the trend on the higher timeframes is upward. The cons of PrimeXBT include a lack of regulatory oversight, as it operates without a formal regulatory framework.

5 Apps Every Serious Crypto Trader Needs on Their Phone

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. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Easily buy Crypto with Visa or Mastercard. Our human support team is here to help 24/7, in your language. A wide variety of tradable markets are available on PrimeXBT, enabling traders to diversify their holdings and seize different market opportunities. This distinction ensures that both the quality and quantity of trading activity are appropriately measured. 36 points and as explained it has risen to over 700 points after the war, and slumped back down again in economic stagnation. It can make it easier for healthcare providers to communicate and share patient records in a secure manner while maintaining patient confidentiality. Enter your target entry price to prepare for the position you wish to take.

My Key Takeaways After Testing PrimeXBT on Mobile

Slippage can occur for a number of reasons. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Let’s look into what traders have to say about their experiences with PrimeXBT. In our opinion, the lack of round the clock withdrawal can create certain inconveniences for clients, and this is a disadvantage of this exchange. Since then, it has also been interpreted as “hold on for dear life”. A day trader can use range trading to detect when a token has been oversold or overbought. 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. The platform also supports indices, such as Nasdaq and SandP500. During my PrimeXBT broker review, the EUR/USD spread was, on average, 0. I tested both versions and found that they offered a smooth trading experience without any significant compromises. You can conveniently sort them according to their total profit. PrimeXBT Cyber Monday deals commonly follow the Black Friday sales and run throughout the week after Thanksgiving. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. Bitcoin picked up where those projects left off, merged with some aspects of each, and solved the double spend problem plaguing these other early versions of electronic money. 2024 00343, having its registered office address at PKF Corporate Services Ltd. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. You can read more about the legal terms and conditions in the Legal Center section More tab on the main page of the website. Transferring funds to the exchange does not cost anything, but you will pay a handsome 50 GBP or 50 EUR fee when withdrawing GBP or EUR funds, respectively. By autosic Nov 7, 2024 Uncategorized 0 comments.

Step 2: Trading

Bug Bounty Program: PrimeXBT does not currently have an active bug bounty program. Benefit from low Maker/Taker fees and flexible funding rates. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. However, Bitcoin is currently the top ranked cryptocurrency, so it is considered better by a vote of capital. For USDT, USDC and COV the withdrawal fees vary depending on the network used. Date of experience: November 20, 2024. Detailed information about the commissions can be found on the website in the relevant sections. Recently, the team also released another collection the complimentary SHEboshi NFT collection—with the SHEboshi release blog post hinting at a future coming together of these NFTs to unlock “endless possibilities. I tested both versions and found that they offered a smooth trading experience without any significant compromises. This website provides entertainment content, and using it means you accept out terms. PrimeXBT empowers traders to go long or short with leverage. Setting a stop loss order with every trade is essential. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Trade over 30+ assets: Crypto, FX, Commodities and Indices CFDs with up to 500x leverage on a fully customizable trading platform. Worse still the slightest rally and spreads widen 500%I was trading crude. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. Best regards,The PrimeXBT Team. Daily from 12 to 14 hours UTC. Do not stray conversation far from the post you’re commenting in. Additionally, withdrawals to a bank card come with a hefty 5% fee.

Up to $7000 Tradable Bonus on your First Deposit💰

Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. Therefore, non English speaking clients are recommended alternative resources for gaining knowledge by Support managers. 0001, and your position size is one lot, then the pip value would be $10. In this scenario, a 10% price increase would yield a $500 profit. We highly recommend that you control your positions and keep a sufficient amount of funds in your trading account at all times, even if you’re convinced that the trade will be profitable. Labeled Verified, they’re about genuine experiences. Best of all, for crypto traders who value privacy, CoinEx does not require mandatory KYC. Interestingly, the cryptocurrency underwent another fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV Satoshi Vision. In contrast to most of the exchanges, PrimeXBT does not take any commission for the deposit and has a fixed withdrawal fee, which is the minimum Bitcoin network fee. However, it claims to offer many advanced features over other blockchains. We’ll compare Bitso and BitMEX to determine which platform excels in providing seamless, cost effective, and transparent solutions for businesses. Note: PrimeXBT focuses on CFD trading, not spot trading. If you are a beginner trader in short selling, margin trading should stand as one of the options that you should most definitely consider. They also do not offer any downloadable PC client program to trade on, the platform is browser based only. If you prefer to use a credit or debit card, PrimeXBT offers a convenient and quick method for depositing funds. No proof of residence, no selfies with your passport – just enter your email, choose a password and you can deposit, trade and withdraw. $20,000 or equivalent for unverified users. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. The platform’s copy trading feature allows users to follow successful traders, further enhancing its appeal. On PrimeXBT, trading fees are categorized into two main types: maker fees and taker fees. Trading, on the other hand, allows for planning exits of positions under certain conditions, specified by the trader. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Our website uses cookies. Click Download and confirm the file download if you see a warning. ¡Buena suerte con tus operaciones. Restricted JurisdictionsPrimeXBT 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. Oil remains an important commodity globally and will have a demand for many years to come. All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. Get dialed in every Tuesday and Friday with quick updates on the world of crypto.

PROFESSIONAL CHARTS

Traders should be cautious when utilizing leverage, as they will also be responsible for the losses of the increased position size. With a unique link, earn payouts from trading commissions paid by your referrals. The same is true for withdrawals – users can only withdraw BTC. Access your PrimeXBT account by entering your credentials on the platform. The platform, however, lets you fund the trading account with Bitcoin only. At present, the exchange serves clients in over 150 countries, providing sufficient liquidity and a variety of trading instruments. PrimeXBT may at any time in its sole and absolute discretion, without notice or assigning any reason therefore, terminate a Promo campaign, or delete, vary, supplement, amend, restrict, withdraw, or modify any one or more of the Promo campaign rules and conditions, including without limitation, eligibility of any client. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Over the years, PrimeXBT has expanded its offerings to include traditional financial instruments like forex, commodities, and stock indices, further broadening its appeal. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals.

Worse

Both platforms offer robust security, but their regulatory approaches may influence your decision. It’s also worth noting that PrimeXBT occasionally updates its fee structure, so staying informed about the latest rates is crucial. In summary, PrimeXBT combines high leverage, a wide range of assets, and an easy to use interface. Best regards,The PrimeXBT Team. 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. When governments introduce Crypto friendly regulations, it can attract large corporations and increase adoption, driving the price up. Additionally, the exchange actively cooperates with regulators, enhancing trust in the platform. 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. These pairs provide traders with additional opportunities to diversify their portfolios and explore different markets. Happy trading and learning. PrimeXBT has directly integrated the third party service provider’s module into the trading platform itself.

What is the minimum deposit for PrimeXBT?

1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. PrimeXBT provides several partnership options to cater to different types of affiliates and partners. They, along with many other corporations, reserve the right to filter, modify, remove, permanently delete, or do anything else with any information posted on personal accounts or public channels that does not correspond or resonate with the companies’ or local governments’ vision or moderation rules. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. This means user info is sent and stored securely, away from hackers. 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. When you first sign up and make your first deposit on PrimeXBT, enter the code CRYPTONEWS7000 in the promo section. PrimeXBT executes orders in under 7.