Octa Reviews and Comments written by real traders

However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. We at PrimeXBT have collected a large number of reviews of our bot. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Remember that one of the fundamental rules of the market is supply and demand, and knowing that demand is increasing can help you make a more informed Polkadot price prediction. HIRN Signals crypto trading signals work with multiple crypto exchanges and offers an impressive selection of services, including a free telegram group that shares signals. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. Only for verified users. Past performance of a PrimeXBT https://primexbtonlinept.com/ trader is not a reliable indicator of his/her future performance. I noticed some guys believe that teh trading environment is quite ophisticated here and hard for perception,but I can’t claim the same. Holding a position open for an extended period of time. Below is a summarized comparison. The platform’s copy trading feature allows users to follow successful traders, further enhancing its appeal. John earned his Bachelor’s degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. The broker does not charge management fees, account opening fees, or deposit fees. PrimeXBT places a high emphasis on security. Examples of PII whether about yourself or someone else, can include amount of coins owned, income, taxes owed, addresses, phone numbers etc. Doing a SHIB price prediction is very difficult as the crypto world in general is going through a lot of “growing pains” currently. 04 per XLM and 470 satoshi.

◾️What is liquidation?

The company has developed its own trading terminal, called PrimeXBT, with a built in function for copying trades; and there are browser and mobile versions. Reply from PrimeXBT Copy Trading. Anyway, the trading conditions on crypto futures are so beneficial. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Investors were left in shock, wondering why Cardano was going up. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Instead, we had to sift through the responses to find the specific topic we were looking for, which was rather annoying. Once this is done, you can log back into your account and access the trading platform and the account features. Earn up to 75% of profits as a follower, while providers benefit with up to 20%. Hawaii’s money transmitter law is stated in the Money Transmitters Act, Chapter 489D. Our broker ratings are also informed by the experience of our researchers during the evaluation process. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. $2,000 by bank card. It seemed slightly outdated in my opinion from a design and navigational standpoint. After a specific sequence of candle closes are met, the indicator will give a count down to a 9 or 13 buy or sell “setup. BNB price has changed by 2. Investors and traders can lessen position size or deposit more funds to prevent this from happening, and most platforms give at least some warning before this occurs. This feature is appealing to users who prioritize privacy and wish to trade anonymously. On the other hand, followers can earn up to 75% profit share, when trades copied from top performers succeed. However, due to the high volatility of cryptocurrencies, the article does not recommend trading them with margin or leverage. PLEASE NOTE THAT COMPANY IS IN THE PROCESS OF UNDERTAKING A LEGAL AND REGULATORY ANALYSIS OF BITCOIN TRADING WITH MARGIN. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. Dive into weekly trading contests with virtual funds for a chance to win rewards up to $10,000.

PrimeXBT Review – Margin Trading FAQ

Some are based on the 10 largest coins by market cap, like the Crypto 10 Index, while others invest in altcoins and exciting new projects that are based on blockchain. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Get started Get started. What makes it odd is that the exchange does not currently accept any reserve currency deposits from bank accounts or credit cards. PrimeXBT is a well established CFD exchange that has become a popular platform for all types of traders as it gives clients the ability to trade a number of assets including crypto, stocks, forex, commodities, indices and more as contracts for difference. Because of this, there are a lot of people out there looking for a Bitcoin price prediction, and most believe it to be higher in the future. Enable One click trading: enable/disable available trade modes;. Throughout my testing, the app performed smoothly without any bugs or glitches. PrimeXBT’s main products include CFDs and Forex trading, where users can trade various markets like EUR/USD and SP500, buying cryptocurrencies with Visa or Mastercard, trading crypto futures contracts for major cryptocurrencies like Bitcoin BTC and Ethereum ETH, and copy trading, which allows users to follow and replicate the trades of experienced traders. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. They make money from their VIP tier; these prices are taken directly from Binance Killer’s website 1 Month –. When the original hacker found this out and started stealing funds, a swarm of copycats discovered the bug and started stealing too. 0001% on forex, indices and commodities. By continuously learning and adapting to market conditions, traders can stay ahead of the curve and improve their short selling performance. Even Ethereum founders admitted there’s no real way to know, however, CoinMarketCap and other price and data aggregators put the total currently in circulation somewhere around 113,073,377 ETH. While some may be tempted to use a VPN to get around this seeing as the platform doesn’t enforce mandatory KYC, MEXC is clear that any users who break its terms and conditions for using their platform may have their account suspended and access to their funds revoked.

PrimeXBT Rewards: The New Way To Earn Crypto By Completing Tasks

If you’re a relative beginner in financial derivatives, PrimeXBT’s value proposition introduces a few concepts that are worthy of a quick explanation. Let’s say you’re trading with a $5,000 account and with a 100:1 leverage ratio. The fee structure is transparent and includes charges for trading, overnight financing, and withdrawals, adaptive to the needs of the local market. While Cardano has certain distinctive qualities and room for expansion, other cryptocurrencies also have their advantages and positions in the market. Both charge a $5 fee that is significantly higher than the fees on Binance and Bybit. Here’s an example of how forced liquidation works. This option is designed to make the platform accessible, allowing you to begin trading with a relatively small amount of capital. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. Alternatively, you can contact their team at if you have any questions related to security, account management or product inquiries. For example, if a trader has a balance of $10,000, they will want to not risk more than US$500. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. PrimeXBT charges a commission fee.

Deposit and withdrawal are my favorite…

For those using the mobile platform, biometric authentication like fingerprint scanning or FaceID is available, while desktop users must rely on entering their password each time they log in. To get one of these bonuses, all you have to do is activate one of our exclusive promo codes. The trading interface is modern, easy to use and navigate. So even if you’ve got away with not paying tax on your crypto for now it’s inevitable that your tax office will catch up with you eventually. PrimeXBT crypto trading platform is lit for that🔥. If you trade a great deal of volume on an exchange, then these fees add up on a cumulative basis. Vincent and the Grenadines. The ideal setup is the availability of phone, email, and live chat. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. I’ve done that, and it sucks. PrimeXBT doesn’t charge any account fees, while deposits and withdrawals are also free of charge. Collaborating with reputable partners such as Crystal, Devexperts, Baksta, Talos, and Fireblocks, PrimeXBT ensures enhanced service and security for their users. I believe that blockchain technology can build a brighter future and am excited to be part of it. This means that the trader needs to provide $100 worth of margin. The major pairings include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, and USD/JPY. 2 of PrimeXBT’s Terms and Conditions. 99% fee, not PrimeXBT. In terms of your deposit insurance, our PrimeXBT review found that they look to only accept reputable payment methods. Upon registering, users automatically receive a СFD Trading or Crypto Futures USDT accounts. I registered crypto wallet and made my first crypto transfer. Menjadi sebahagian daripada komuniti Discord PrimeXBT untuk perbincangan langsung, strategi perdagangan, dan ruang untuk berhubung dengan pedagang di semua peringkat. For example, if you deposited with Volet, you must also withdraw using Volet. Visit our Help Centre. Article container font family: Arial, sans serif;line height: 1. Market Search: The dedicated “Markets” page allows you to quickly search for available markets, with filters for popular markets, forex, indices, commodities, and cryptos. Learn more about Baksta’s Legal Terms. Thanks for your feedback. Whatever you use as a system, be it technical, fundamental, or more likely than not, a combination of both, it is crucial that you do what is known as backtesting.

Market Overview

Financial markets are broken up between different asset classes, such as Crypto, stock indices, commodities, and forex. Non custodial wallets do not require KYC because they do not manage your funds or handle transactions. Switching markets and searching trading pairs on PrimeXBT is straightforward. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. You can open max position of 2 BTC. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Under the new regulations coming for crypto in the US, it’s likely both centralized and decentralized exchanges will implement more KYC processes in order to issue Form 1099 DA in the coming years.

Hitre povezave

It allows the network to make transactions, verify them, and, most importantly, secure the network itself. At PrimeXBT we process Crypto withdrawals instantly. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. For over a decade, the Cryptocurrency market was struggling to find its place in the financial world. I found the KYC process to be straightforward, with my account being verified instantly. PrimeXBT ensures security with 2FA, SSL encryption, DDoS protection, and more. A well known example of this is PrimeXBT, a broker exchange that lets you start buying and trading Bitcoin in a matter of minutes. Firstly, regulation and licensing go a long way and gives traders and investors confidence that they are dealing with a legitimate exchange. PrimeXBT is a CFD exchange that offers a suite of trading markets, including some cryptocurrencies. Best regards,The PrimeXBT Team. The platform offers a multitude of advanced features, competitive fees, various trading preferences, and robust security measures.

Khalid m

Strategy managers on PrimeXBT’s Covesting platform provide transparent performance statistics, including. Nothing have i faced here. However, the most educational resources are for forex. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. Unfortunately, many retail traders get into trouble by overanalyzing each little micro movement. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. Their fees are typically less than $2. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. You can find it in “Reward”. Research about the crypto regulations in your country to find out if there is a tax and, if so, the percentage you have to pay. To secure your account, use a strong password, enable two factor authentication 2FA, avoid sharing your login details, and regularly update your security settings. These tokens are designed to provide traders with magnified exposure to price movements of various assets, either upwards or downwards. Plus, it lets you spread your money across different assets, which is a smart way to lower your risks.

PrimeXBT what is it?

The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Yes, the PrimeXBT app is free to download and use. PrimeXBT has a refreshing approach to fees in terms of simplicity, keeping things easy. Follow the same steps to trade Forex, Commodities, or Indices. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Of course this also means that the market exposure of these signals are likely lower than higher profit but less reliable signals providers. These are professionally done and well presented. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. You should not let the idea of timing be a deterrent, because just as with any other type of trading, having a profitable system will give you the confidence of “timing the market”, even though it takes a certain amount of skill. Alternatively, trading currency pairs with favorable interest rate differentials can result in positive swap rates. Each unverified account has a 24 hour withdrawal limit of $20,000 or equivalent. Zaporizhzhia and Kherson. The process is quite simple. If you’re a relative beginner in financial derivatives, PrimeXBT’s value proposition introduces a few concepts that are worthy of a quick explanation. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. It’s designed to simplify the trading process by allowing you to leverage the expertise of experienced traders, eliminating the stress and emotional challenges like FOMO that often come with manual trading. When looking for such solutions, newbies might be curious: what is the best copy trading platform. Additionally, you cannot set stop losses and take profits directly from the order form. Compared to other platforms, Covesting has a very transparent operating structure. Leverage reflects the amount of your own funds margin required, in comparison to the size of the position you wish to open, i. However, traders must remain aware of the associated risks and employ strategies to manage them effectively. PrimeXBT team helped me find out details of how to use platforI’m satisfied. Twitter: aylerTBMLinkedin. Throughout my testing, the app performed smoothly without any bugs or glitches. It uses safe storage and encryption to keep things secure.

Unlocked: Crypto Handbook!

It is the job of the CME to mix and match orders to keep an orderly market. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. EToro boasts a user friendly platform with social features like copy trading and offers a wide range of assets beyond just crypto. 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. However, this goes even higher to a maximum leverage of 200x for BTC and ETH margin trades which is higher than Binance , Bybit, and Phemex based on our reviews. The withdrawal fee is a flat fee i. Best regards,The PrimeXBT Team. PrimeXBT is a regulated broker in good standing that caters to Namibian clients. As a respected cryptocurrency exchange, Bybit combines P2P trading with essential features like multiple withdrawal methods. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own inquiries. Users are responsible for understanding the operational mechanisms and risks associated with automated trading systems before use. Overall, the customer service of PrimeXBT could do with a little improvement but there are definitely adequate procedures in place to address any of your issues. 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. One of the most crucial global commodities is oil, which serves as both a fuel for the planet and a. It also stands out for allowing users to trade various assets, including cryptocurrencies, stocks, commodities, and indices, from a single platform.

Worse

If you have been using the exchange for a period of time and are comfortable with the service then you may want to consider getting involved with their referral program. Overall, PrimeXBT offers a comprehensive trading platform with a wide range of assets, leverage options, and competitive fees. EDIT: I just checked the trading report, and it says this. In the event of system overloads, PrimeXBT’s trading engine efficiently manages order queues to mitigate the impact of high volatility. Deposits can be made to your PrimeXBT Wallet, or directly to any of your CFD Trading or Crypto Futures trading accounts. Our goal is to provide a comprehensive understanding of PrimeXBT’s overnight fees. Understanding these fees is essential for maximizing your potential profits. Transactions typically happen directly on PrimeXBT’s site or via trusted partner platforms. Can’t find what you’re looking for. One of the standout features of Prime XPT is its sleek and modern design. 000027 resistance level, analysts foresee the potential for a rally toward targets at $0.