10 Unforgivable Sins Of Trading Contest on PrimeXBT

Introducing The All New PrimeXBT Rewards Center: Earn Crypto For Completing Tasks

If negative Balance exceeds Bonus due to trading losses and/or fees and commissions paid, the Bonus is considered to be spent. As of April 4th, 2024, Binance https://primexbt-forex.com/cuoc-thi/ introduces Saga SAGA, spotlighting it as the latest innovation in their lineup as the 51st Launchpool project, with the mission to redefine the landscape. Open Free Account Now. Step 1: Log in to your account and Go to the ‘Trade’ tab. 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. Best Platform for Online Trading. In order to claim the bonus, the following conditions must be fulfilled navigate to the icon to additionally review the conditions. Transfer funds to your Trading account before the offer expires. For example, you may wish to buy €100,000 against the US dollar. Step 1: Head to the PrimeXBT homepage.

Where To Start With Trading Contest on PrimeXBT?

Digital assets, investments and trading

However, the price reversed trend immediately, bouncing and creating a long lower wick in the process green icon. Traders can take advantage of bullish and bearish market conditions by going long or short. In the fast paced world of decentralized finance, investors and traders need a way to guide and protect themselves against potential malicious projects. Trading itself is going well. 57 million, showing both its displacement in the Crypto market and it high level of adoption by its enthusiasts. For traders with a proven track record, becoming a strategy manager can be a great way to earn some extra income as well. You can learn more about what makes Bybit popular for copy trading in our Bybit Copy Trading Review. Bitcoin has come a long way in just a few short years. CFD stands for contract for difference. 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. For example: you have 0. You might also like: PrimeXBT Sign up Bonus. Dear Felix,Thank you for using PrimeXBT trading services. In these moments, a strategy could fail entirely and therefore wipe out your account if you are unaware. An overnight fee, also called a “rollover fee”, is a payment that applies if you hold a position overnight. Use your $20 with leverage to make $2000 worth of free trades. The current Spread for a particular order size can be checked at any time using the ‘Dashboard’ widget. Well known platforms that offer cryptocurrency CFDs with high leverage are BitMEX, PrimeXBT or Bybit – all of which are therefore of course prohibited in the USA. Primexbt affiliate primexbttrading.

7 Practical Tactics to Turn Trading Contest on PrimeXBT Into a Sales Machine

4 PrimeXBT Fees

I have explained how this company offers isolated and cross margin futures contracts, its highly accomplished and customizable dashboard, and even the PrimeXBT copy trading module. In the long term 8 10 years, it could jump to $158. Nonetheless, Bitcoin’s evolution has shifted its popularity towards being an asset rather than a currency. If the issue still persists, contact the Support team via live chat or by email at. March was yet another strong month for Cryptocurrencies, especially Bitcoin, meme coins like Dogecoin and Shibu Inu, and altcoins from. A stop order is used to manage risk and protect investments in trading. If you have a good strategy and would like to be the strategy manager, you can create your own strategy and let other investors follow your trade. Zengo Wallet is the crypto wallet for everyone. I really like Prime XBT’s user friendly interface. However, if traders are to withdraw funds from the exchange then they may have to pay an arbitrary miner fee in order to propagate the transaction these are standard across the industry. Take the next step by signing up with our link to get your bonus once you deposit, and start trading immediately. Address:Suite 201, 2nd FloorThe FirsCnr Bierman and Cradock AvenuesRosebankJohannesburg2196. Once you have learnt about the ropes of the cryptocurrency market, the next step is to open an account on a cryptocurrency exchange platform. Compared with its competitors, PrimeXBT is relatively cheap. When it comes to funding your PrimeXBT account, you now have numerous options to work with. We are reluctant to recommend unregulated online brokers as we cannot guarantee that they are safe to trade with. Unless you’re an experienced trader outside the U. Once the order is placed, you will see it on the bottom left side of the trading platform. In terms of fees on the platform, there are a couple of things you should know. Margin accounts simplify the process of “shorting” an asset, as there is no need to go out and borrow it first. Users can also customize the indicators in terms of the time frame and other important inputs. 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. When looking at the recently daily chart for ADA coin on the PrimeXBT platform, you can see that the 50 Day EMA is currently hanging around the current price here. PrimeXBT is for traders who prefer the CFD trade instrument and have a firmer foot in the traditional asset classes. We recommend any actions that help secure your funds when trading online. This section guides you through the platform and explains how to place and cancel the order. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. For example, you are unable to execute an x50 BTC futures contract using cross margin. So if you’re considering using PrimeXBT for your next trade, read on for everything you need to know. Last updated 4 months ago.

How To Make Your Trading Contest on PrimeXBT Look Like A Million Bucks

Full PrimeXBT review

The minimum deposit amount for these methods is 15 USD or around 75 BRL at the time of writing. While some are more straightforward and beginner friendly than others, you shouldn’t encounter any difficulties with either of the top rated exchanges. This code can be used to restore 2FA time codes for your account. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Any position closed before 00:00 UTC will not be subject to overnight financing. BNB Smart Chain network BSC for BEP 20 tokens. Meanwhile, explore other great ways to earn with PrimeXBT. Our Help Center is always here if you need any guidance. When leveraged trading, it’s important to know that margin trading offers both big opportunities as well as risks. Additionally you can click the blue ‘Verify button to verify your account and lift the daily withdrawal limit. We adapted Google’s Privacy Guidelines to keep your data safe at all times. Verification of the account will extend 24h withdrawal limit and open additional rewards. Email 2FA adds account protection. With Copy Trading for beginners and advanced margin trading tools for the experts, there’s something for everyone.

100x Leverage

The Link price as of November 22nd 2023 is $14. If you have any other additional promo codes which provide you with more favourable conditions such as a larger bonus you can activate such promo codes to overwrite the initial Welcome Bonus. Leverage gives you the ability to trade much larger positions than you usually would, as you take out a loan from the broker. From established names such as Litecoin to up and comers such as the meme inspired Dogecoin, the altcoin options for crypto casino users are plentiful. Prime Technology Ltd is PrimeXBT’s Technology Provider. They only have two types of fees, which are the trade fee and the overnight fee. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. If you have any further questions or require assistance, please don’t hesitate to reach out to us. 1 PrimeXBT has extremely low fees, which it can offer because of the huge amount of trading volume and the large customer base it has. 2516 support zone invalidates every bullish bias we have on Cardano and points to a more aggressive price trend lower in the coming days. BTC deposits require 3 block confirmations which usually takes around 40 minutes on average;. For example, here are the base margin requirements and resulting leverage for a few of the 41 available cryptocurrency pairs. The current 24H withdrawal limit of your account can be viewed on the ‘Settings’ section of your account. Lumeous CEO and founder Ali Ayyash claims that “EOS is on its way to become the biggest blockchain ever” and “poised to become the dominant smart contract platform on the blockchain,” beating “Ethereum by a factor of ten. Charts: TradingView powers Charts on PrimeXBT. Learn more about Baksta’s Legal Terms. While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. Get huge savings on the biggest crypto brands with custom discounts and deals. There is no upper limit. Advanced trading concepts can be confusing for beginners. The corporation is making this move to appease its creditors and customers.

Top Wallets

PrimeXBT allows direct Fiat deposits to Global Markets CFDs currency trading accounts by automatically redirecting them from your wallet when a deposit is made. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. It is also worth noting that the maker and taker fees are set to a good range for PrimeXBT Crypto Futures, as well. For example, if a Sell position of 0. Breaking Boundaries in Blockchain: WEMIX’s ‘una Wallet’ Sets New Standard for Multi Chain Asset Management. The Ethereum network continues to be being defined, as new use cases are in the hands of developers, quite often with different backgrounds. PrimeXBT does not cater to trading bonuses and there are no current initiatives to reward loyal customers. We hope this explainsYours,PrimeXBT team. Learn more about Baksta’s Legal Terms. Followers will be more confident and less hesitant to join a Strategy with a public track record. The pplatform offers a smooth experience with user friendly interfaces. PrimeXBT users can buy, exchange, and transfer Crypto via the Main page,. Profitability in Crypto Futures trading depends on strategic insight and risk management. PrimeXBT is a crypto to crypto exchange platform that enables you to deal in assets such as cryptocurrencies, Forex, and other CFDs. Cryptocurrencies have become highly popular because they can also be used as speculative assets. Now, you’re also ready to claim your 50% Bitcoin deposit bonus. Type above and press Enter to search. Stellar lumens is just one of many cryptocurrencies across the market. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. There are so many online platforms for cryptocurrency exchange these days. BNB Smart Chain network BSC for BEP 20 tokens.

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To fund a Margin Account. GBP/AUD is The Great British Pound traded against the Australian Dollar. Few other assets have these attributes, making them unique as an investment or trading asset. 3️⃣ Enter the amount of cryptocurrency you want to withdraw. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Com shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it. We have covered PrimeXBT rather extensively in a former review, where we found it to be a highly accomplished platform that works hard to offer robust and simple to use elements for all involved. Here, you have the option of not paying transaction fees. Low transaction feesPrimeXBT also has some of the lowest trading fees on the market. You’ll learn more about the fee structure further down in this PrimeXBT tutorial. When trading financial instruments such as forex, traders can expect overnight or swap fees to be applicable when positions are held for longer than one trading day.


PrimeXBT is a Bitcoin based margin trading platform. This includes gold, oil, silver, iron, and so on. It also provides you with a unique opportunity to diversify your crypto portfolio by investing in traders with unique strategies and amazing. This is a vast improvement from the traditional broker client model. These can be accessed from inside your account by clicking on the “Tutorials” section in the top right of your account. 1% of the required capital in order to take out that position. According to the statistics, 75 89% of customers lose the funds invested and only 11 25% of traders earn a profit. We are happy to announce another great update that is aimed at making PrimeXBT even more convenient and transparent for our users. Investors are hopeful this will happen soon. All logins to your account are reflected in your Settings menu, under ‘Last logins’. The PrimeXBT trading platform has plenty of tools available to suit traders of most skill levels. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Furthermore, you need to be very cautious about the amount of margin that you use on any particular trade because it does influence whether your gains or losses get magnified. Although oil prices just recently saw a strong pullback, triple digit oil is likely here to stay, and it is causing pain at the pump and everywhere else. Lastly, PrimeXBT is one of the few exchanges that require an obligatory white labeling of Bitcoin addresses when withdrawing funds. Last updated 1 month ago. 03 percent zero for futures trading. You decide to close the trade once the pair reaches 1. I want to start trading on PrimeXBT.

Table of Contents

Upto 150x Leverage for BTC. 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. Let’s start with discussing the amount of leverage you can engage with. 5️⃣ A confirmation pop up window will appear. Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. The actual PrimeXBT trading platform is easy to use and packed full of enough features to help you make an assured trade. Detailed information regarding fees can be found here: rade Fee is incurred any time a position is opened or closed. To simplify this process, a ‘Margin Impact’ indicator is available in the ‘New Order’ form, as shown in the screenshot below. Regulated by the authorities in Cyprus. It is possible to use a 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 PrimeXBT wallet. Requirements for Opening a PrimeXBT AccountTable of contentsRequirements for Opening a PrimeXBT AccountIs There a PrimeXBT Welcome Bonus. While room for improvement exists, their support compares well relative to other exchanges. If the system does not perform well in those situations, it certainly will not be in live markets. Between 74% and 89% of retail investor accounts lose money when trading CFDs. PrimeXBT takes a simple approach to fees by limiting it to only two types: trade fee and overnight fee.

4 2

No, this is not possible at the moment. Consequently, to prevent the leveraged position from getting liquidated you should always set up a stop loss, this is extremely important. The project was founded in 2017 and launched its mainnet in 2019. All of these tools combined can be used to frequently get in and out of winning trades and book profits quickly. For example, all of the best exchanges should possess top tier security features, but if you’re looking to trade only the main cryptocurrencies, you probably don’t really care too much about the variety of coins available on the exchange. This can only be used as additional collateral for margin trading on the PrimeXBT platform. Feb 06, 2024 07:56 UTC. But let’s not bother with semantics anymore and see what they have to offer. Futures also adhere to a delivery date, which specifies the date of delivery and payment. Watchlist widget: helps monitor market activity for selected trading pairs;. Step 4: Click ‘Submit to withdraw’. However, these products are not regulated in all countries, including the US. In most cases, passwords are retrieved by hackers from earlier leaked password databases from different services. However, there is no offline support, such as a telephone number, which may make complex issues more difficult to resolve. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. To purchase BTC in US dollars, users can pay with Visa/Mastercard or via bank transfer with SEPA. It was founded in 2018 and registered in Seychelles, with a daily trading volume of over $375 million. Verify their account;. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Later in this article, we’ll explain how you can safely store Bitcoin. Overtrading means opening trading positions out of the risk boundaries that you’re able to manage. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. This could easily be due to user error, rather than anything that PrimeXBT was doing.

Exclusive Crypto Deal List of 2023

Users can contact customer support by email at. Advcash account email address used to make a deposit will be preselected automatically. Once you identify a trading opportunity, it’s important to identify where you want to place your stop loss and take profit orders before placing your trade. 01 BTC as Trading account’s Equity and you wish to trade BTC/USD. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. Covesting trading account transfer funds to/from the Strategy. Simply Business Affiliate Program. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. Covesting allows users to browse existing trading strategies adopted by professional traders and replicate those strategies in order to achieve the same results. Simply add a new time code generator in your 2FA app and enter the 16 digit backup code. This means that traders can use the platform without undergoing identity verification processes. Some brokerage platforms will give you up to 100x leverage, allowing them to create large positions that they would not normally create with their capital. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Users can even easily buy Bitcoin for the first time using PrimeXBT and a debit or credit card.

Most Secure Wallets To Start With

At the time of this writing, the supported coins include Bitcoin BTC, Ethereum ETH, EOS EOS, Litecoin LTC, Ripple XRP. This could be ideal for those who like to trade with technical analysis. PrimeXBT made trading futures of cryptocurrencies so easy and, at the same time, so secure. 30Small Cap JSE IndexMid Cap JSE IndexGold Mining IndexOil and Gas Index. Vincent and the Grenadines and shifted their headquarters location and infrastructure to Switzerland. Through it, users receive rewards for direct referrals and new users that their referrals lure into PrimeXBT. Hub participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog and connect with the Community;Main make deposits, withdrawals, keep track of your account’s activity and statistics. Offering an opinion.

Web3 Explorer

Product and feature support could also be expanded if PrimeXBT plans to compete with more robust trading platforms, though many traders prefer the simplicity of PrimeXBT without all the extra frills and “noise” that overcomplicates many other platforms. Paying close attention to your risk is the most important thing a trader can do and is especially paramount in these accounts. Despite ones opinion on the most or least volatile currency pairs, there is no such thing as the most profitable. 5 of your personal funds. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. PrimeXBT customer support desk is excellent and available 24/7 either via live chat or email. Even in the event of major price fluctuations, the platform runs smoothly and without freezing. Users can deposit, withdraw, exchange, and transfer Crypto.