PrimeXBT

Before contacting the Financial Commission you have to raise the issue to PrimeXBT customer support team first and provide all relevant information for review. To trade Crypto perpetual contracts, go to the Trade dropdown menu, select ‘Crypto Futures’, and your ‘Margin Account’. Reply from PrimeXBT Copy Trading. Users can use various payment methods on PrimeXBT, including credit/debit cards, bank transfers, and cryptocurrency wallets. 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. ” In the ensuing “New Order” dialog, select “Sell. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. This strategic location supports the platform’s global operations and regulatory compliance. The app also gives traders through Apple based iOS devices the ability to monitor pricing data, track trades through multiple portfolios, and get the latest news in the crypto space while on the move. A support agent will join the chat shortly to assist you. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. The evolving dynamics in the oracle space will depend on how these projects adapt to market demands and overcome their respective challenges. “Primexbt offers a $80 credit on services you want. Risk Warning: Before using this website or its services, you should review all relevant legal documentation. Vincent and The GrenadinesCompany Jurisdiction / Registration: SeychellesCEO / Owners: Unknown. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. The problem is that we don’t have a time machine to go back and invest.

◾️How to invest? How do I start?

As Ethereum continues to be a foundational layer for Web3, the need for scaling solutions like Polygon is expected to grow, increasing the demand for POL ex MATIC tokens. Compared to the industry average, PrimeXBT provides an average number of currency pairs and a high number of commodities, indices, and cryptocurrencies. An agent connected almost instantaneously to the chat. They include Google Authenticator 2FA for extra security, offline cold wallets, and manual checks on transactions. These products are not suitable for all investors. It also provides a breakdown of individual crypto and US dollar balances. The platform provides a variety of free deposit options for both crypto and fiat. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. For our trading test, we thoroughly evaluated the PrimeXBT platform. Payments to partners are made in the same way as other withdrawals, i. We introduce people to the world of trading currencies, both fiat and crypto, through our non drowsy educational content and tools. We were unable to find these stats updated for recent years, but have not found any complaints or reasons to assume these impressive slippage statistics have faltered. If you haven’t already downloaded the PrimeXBT app, you can get it for free by visiting the Apple App Store for iOS devices, or the Google Play Store for Android. Just remember that you’ll probably have to use a third party payment service if you want to deposit with these traditional payment methods. Withdrawal Crypto and fiat. 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.

How to trade Bitcoin?

67 within the coming years. These addresses are known as whales. There were some attempts to break back above $750 on the way down, but they failed through lack of interest in crypto. Luckily the customer support appeared to quite professional to help me withdraw my previous primexbt-wallet.com/ earnings and close my trading account since it can no longer be available from my current place of residence. 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. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. Higher leverage on a volatile asset significantly increases the risk of liquidation, even with minor price fluctuations. 0 standard lot buy/sell position in the EUR/USD, at the average spread and holding it for seven nights in the PrimeXBT account will cost the following. While PrimeXBT is not regulated or licensed, it has a positive reputation and a long history of satisfied traders. After submitting your details, you will receive a verification email. 3 billion fine for failing to comply with AML regulations. For withdrawals, you will only have to pay 0. Originally used to track the rice markets, they have become popular with western traders over the last few decades. The base currencies that the broker supports are BTC, ETH, USDT, and USDC.

Download PrimeXBT App

We may receive a commission for purchases made through these links. It takes just a few minutes to get started. PrimeXBT is a global crypto exchange, as well as offering investors access to other more traditional markets like Forex currencies, commodities CFDs, and stock indices. What Makes EUR/USD the Most Traded Currency Pair. PrimeXBT offers leverage on crypto futures up to 200x but does not offer spot margin trading. Also, it seeks to offer ultra fast order execution < 7. 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. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. Best Bitcoin Trading Platform.

PrimeXBT Security

Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. The minimum deposit at PrimeXBT is $15. In order to make any movements from the cold wallet to the hot wallet, they make use of multi signature access that needs to be executed by multiple employees. Trading involves risk. It goes against our guidelines to offer incentives for reviews. You’ve just converted XRP to LUNA using the most recent foreign exchange rate of 1. Additionally, it helps show a broker is confident in their services, is transparent, and trustworthy. PrimeXBT offers a seamless and secure platform for withdrawing your funds. The platform does not charge additional non trading commissions, such as account replenishment fees. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the “My Strategies” area of the platform. Weekly recap US stocks were mixed during the holiday shortened week, and gains on Friday helped indices finish off the worst. 071 USDT in trading fees. To celebrate hitting the 10M user milestone, Bybit is waving fees on all spot trading pairs which is pretty sweet. This would require you to sign up for an account from every single website and app you use. These can be accessed from inside your account by clicking on the “Tutorials” section in the top right of your account. If you speculate with 1 bitcoin that XRP price will surge against BTC in 24 hours and it does increase by 10%, you’d make a profit of 0. 05% per trade and portfolio copied on Covesting which is very competitive in the industry where trading fees between 0. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. I liked the platform but I couldn’t get it to work all the time, which could be a deal breaker if it’s not addressed quickly. $20,000 or equivalent for unverified users. FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY IN ORDER TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. The company behind the trading platform is Prime XBT Trading Services and their registration number is 217308. Its copy trading functionality steers clear of bells and whistles, offering a direct connection to individual traders. The website also contains a useful Help Centre for general queries. Trade Crypto Futures Contracts incl. I’ve been trading on PrimeXBT for about a month. By understanding and managing these fees, you can optimize your trading strategy and minimize costs on PrimeXBT. All in all, the platform is unlike any in the market.

Step 4

When do Primexbt bonuses expire. From this we can conclude that the exchange is still more suitable for users with at least a little experience in the crypto market. These can be accessed from inside your account by clicking on the “Tutorials” section in the top right of your account. All of these various strategies combined can improve the likelihood of success when trading, and protect capital against any potential risk associated with trading. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. Input the promo code you’ve obtained into the appropriate field and click “Activate. Make use of Primexbt deals to achieve significant savings on every purchase you make. Clients receive quality service and transparent market conditions in which both professional and novice traders can earn. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. As one of the world’s largest blockchain initiatives, the EEA consists of over 50 companies inside and outside of cryptocurrency, some of which are also on the list of the Fortune 500. Collect Bits, boost your Degree and gain actual rewards. Building a trading plan is crucial so that you are not simply guessing where the market is going to go.

PrimeXBT Trading Contests

PrimeXBT provides 24/7 customer support via live chat and email. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. I only trade crypto with them and nowhere else. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. Get into the trading action with reduced overnight fees on Forex and CFDs. In addition to trading, overnight financing, and withdrawal fees, PrimeXBT may charge other fees for specific services or account activities. Specific limits are detailed within the user’s account settings under the withdrawal section. We appreciate your feedback on adding more features for analysis. PrimeXBT stands out with its no minimum deposit policy, perfect for newbies and small scale traders. Analyse how each margin system can either magnify profits or intensify losses, providing scenarios for both. People want to know how to make money trading because there are stories that it is easy through Day Trading. Its decentralized and security related consensus method depends on a network of reliable nodes. PrimeXBT is a cryptocurrency exchange that offers leveraged trading for several digital assets, including Bitcoin, Ethereum, and Litecoin, among others. Due to the possible delay and the rounding of values, the displayed calculation results may deviate from the actual parameter values applicable in the live market. When considering if TrustDice is a safe place to play online casino games and sports betting, there are some key factors to assess. Bybit has had one of the most impressive growth trajectories out of many of the unregulated exchanges thanks to their aggressive marketing campaigns and the amount of effort they put into expanding and improving their platform. However, it is still the responsibility of the trader to understand how margin is applied to positions, and know how much margin to leave available to prevent liquidation. 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. Larger positions will require more margin and hence reduce exposure – and subsequently broader risk. If there’s anything else you need or further features you’d like to explore, please don’t hesitate to contact us at. Backtesting means that you are looking through historical data to see how your system would have performed. PrimeXBT offers an array of products catering to the needs of novice and seasoned traders. To view or add a comment, sign in. For example, the most important thing is that it is a trading system is one that you are comfortable with. This section will discuss the regulatory landscape influencing PrimeXBT’s operations and the measures the platform takes to comply with these regulations. In conclusion, PrimeXBT is an excellent choice for crypto traders but offers limited value for those seeking to trade other asset classes. Virtual Assets are high risk products, highly volatile, with fluctuating values. Phemex launched a novel spot trading service with zero fees in May 2020. Traditional assets like commodities, stock indices, and forex currencies are also available to trade with leverage.

Rosetta Stone

Considering how transparent and trader friendly the entire fee structure is, PrimeXBT is a more affordable choice than many other brokers. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. We’re here to help make your trading experience as smooth and successful as possible. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. It is generally recommended to store large amounts of cryptocurrency in a personal wallet, especially a hardware wallet, for enhanced security. According to multiple review sites BB is one of the standout paid Crypto trading signals providers on Telegram. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Following these best practices can also help identify potential issues before they become major problems. You can buy between $100 and $1070 USD, pay around 2. Of course, this also works on the way down as losses are also magnified. Customization and Charts. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. When trading on leverage, traders can potentially enhance their returns by a certain factor. While PrimeXBT does not typically support direct fiat deposits including via bank cards or bank transfers, users can buy cryptocurrencies using these payment methods via third party services. Another feature of PrimeXBT is that here all transfers both deposits and withdrawals are done manually. The availability of such options makes the platform highly adaptable to the needs of users across different jurisdictions, catering to both novice and experienced crypto enthusiasts alike. Futures are high profit and high risk, while Options are less risky but still provide much profit opportunity or the chance to hedge spot positions. Users can deposit cash directly to their Cash Wallets on PrimeXBT from. PrimeXBT reserves the right to revoke any bonus if the user is found to be in violation of the platform’s terms and conditions. The reason for this is simple: your free margin depends on the unrealized profits and losses of your open crypto trades. By 2025, we predict a surge in the price of Chainlink LINK due to an increased adoption of blockchain technology and decentralized finance DeFi solutions. Additionally, you can manage or activate new bonuses here if you have a promo code. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. These rewards go beyond the ordinary, providing you with additional benefits. 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.

PrimeXBT Commissions

This helps ensure that there is no single point of failure and less risk in the event of a single employee being compromised. The trading platform is very responsive with near instant orders going through the order book at any hour. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. 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. Some crypto traders keep their assets in the crypto exchange account, but it is strongly recommended to keep digital assets in crypto wallets that are much more secure. Do not incite or encourage illegal activities such as promoting leaks, buying/selling drugs, tax evasion, gambling, pyramid schemes. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. If there is a case where a trader exhausts their equity and the value of their account falls below a certain level, they will get what is termed a “Margin Call”. Weekly recap US stocks were mixed during the holiday shortened week, and gains on Friday helped indices finish off the worst. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 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. Holders of these digital assets usually purchase their cryptos via crypto exchanges with FIAT currency or by exchanging them for other cryptocurrencies. MStock: MF and Stock Trading App. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Other cryptocurrencies might differ slightly in processing times. There are plenty of options on the market, so make sure to do your research and select one that suits your needs. In the registration form that opens, enter your email and a password. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. The fee is applied in addition to the spread. If you trade a great deal of volume on an exchange, then these fees add up on a cumulative basis. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. 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. Get access to a wide range of trading, investing, and Crypto services from a single app. It’s essential to continuously evaluate and adjust your risk management strategies based on market conditions and your trading performance. Market volatility, trade volume, and system availability may delay account access and trade executions. Everytime you run out of margin, it cancels all open positions for your safety but immediately opens multiple positions in the opposite directions till margin is used up then closes them again due to margin call.

What is the PrimeXBT Dogecoin to Turkish lira calculator?

Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. Virtual Assets are high risk products, highly volatile, with fluctuating values. Visit our Help Centre. While PrimeXBT receives a lot of praises, there are a few areas where users have expressed concerns or suggested enhancements. Comments: Prime XBT earns a five star rating for its outstanding features, making it an exceptional choice for businesses looking for an effective cryptocurrency exchange solution. Stop losses can also be used as part of a trading strategy, where traders later move a stop loss in profit to ensure at least some profitability even if triggered. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. Why Funding Rates at all. The winners of the tournament receive a cash reward. 99% fee, not PrimeXBT. Ask your question in the comments below. The app also gives traders through Apple based iOS devices the ability to monitor pricing data, track trades through multiple portfolios, and get the latest news in the crypto space while on the move. Once a customer has decided which trader they would like to follow, they will need to make sure the funds they want to copy trade with are in their main wallet, not the trading wallet. We’ll dive deeper into the additional tools and resources that PrimeXBT offers to make your trading life easier. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. For an OCO order that is going to be executed in your favour, you would open a primary buy order and a secondary order or the second buy order, when the market price is moving between the two. This can help legitimise cryptocurrencies as an investment and trading vehicle, and when a cryptocurrency exchange follows the same rules as other financial institutions, the profile and value of most if not all cryptocurrencies will likely increase. Returns may be subject to tax. Good platform to learn how to trade. Trade 100+ markets like BTCUSD, EURUSD and SP500. This could have a cascading effect on Polygon POL ex MATIC, as institutional interest in blockchain solutions like Layer 2 platforms grows alongside Bitcoin’s broader adoption​. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. The XRP prediction of most analysts thinks $10 is a long way away. Existing PrimeXBT traders will now find a new link to “Turbo” at the top left of their screen in the dashboard area of their account, while those new to trading at PrimeXBT can set up an account quickly and easily here. While some are more straightforward and beginner friendly than others, you shouldn’t encounter any difficulties with either of the top rated exchanges. Ensuring your device meets these requirements is the first step toward a seamless installation experience. Depending on your jurisdiction, some products or services might not be available. Learn more about Baksta’s Legal Terms. Charts allow traders to perform technical analysis to identify entry and exit points. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses.

Casual Traders: Not Recommended

Others, especially the passive ones, are fairly easy to do, but they do not offer the same earning potential. The PrimeXBT desktop platform has a single mode that offers a range of advanced trading features and tools, which might be overwhelming for inexperienced traders. PrimeXBT also offers both long and short trading options. Learn more about Baksta’s Legal Terms. It also provides over 30 built in technical indicators and a range of drawing tools, such as trendlines and Fibonacci retracements, to enhance market analysis. Receive the latest news and stay informed. The platform is available to traders from more than 150 countries worldwide. Thank you for your feedback—it motivates us to continue delivering excellent service. PrimeXBT trading fees are between 0. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. Crypto signals are usually recommendations by market experts or professional traders that tell other traders when to buy, sell or keep their Crypto trades.

Supported cryptocurrencies

However, the question remains: how do these alternatives measure up to PrimeXBT. You can only withdraw fiat using the same payment method you used for deposits. Each withdrawal has to be approved by two human signatures offline before it can be processed. Pionex does provide services for US users but some services are restricted including leveraged grid bots, margin grid bots, and leveraged tokens. That’s why traders who own a large amount of Bitcoin usually store them on cold wallets and keep only a small portion of their coins on hot wallets for daily trading. That is why we must also consider the number of active days. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. This exchange is made to be the most decentralized and secure one in the world. Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money and blockchain technology. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. PrimeXBT has reasonable pricing for starters. Date of experience: October 25, 2024. Open the downloaded file and tap Install to complete the installation. If a user asks for someone to provide a referral link, this does not warrant posting a referral link. Use of Scripts and Expert Advisors: Expert Advisors, programs, or scripts demonstrated within the website are for educational and demonstration purposes. Of course, each cryptocurrency withdrawal is still subject to the industry standard miner or network fee, but Bybit keeps these as minimal as possible. Dear Mustafa,We’re thrilled to hear that our blog and price prediction tools are valuable resources for managing your trading effectively. Comments: What I have to admit is that PrimeXBT is one of the safest trading platforms I have ever worked with. The broker publishes regular market news, weekly outlooks, and general market breakdowns. The current positive trend has led to predictions that Bitcoin could now continue its bull run into the end of the year. However, it lacks free withdrawal options, with existing ones incurring higher fees compared to most competitors. However, there are some regions where PrimeXBT does not accept users, including. Scan the QR code with your device’s camera and get APK file. Diversify across more than just Crypto.

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People who use technical analysis are focused on things like momentum, trend, and of course, support and resistance. To protect against cyber attacks, PrimeXBT has even more security measures in place. I’m not looking for a bot that daytrades with my money, but someone with more knowledge than me who can pay a little more attention to the markets than I am able to at the moment. Markets in this article. The world of trading and Cryptocurrencies can be exciting, and the potential for high returns certainly adds to the thrill. 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. It is not something that you have to do, just something that you are able to do should you choose to. Go to My Account and select the tournament you are interested in and click “Join”. You have just shorted Ethereum and will profit from falling prices in the coin.

Finport

The complex interface is unsuitable for inexperienced traders. 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. You can buy Bitcoin in several ways: through a crypto exchange, using a Bitcoin CFD, or by investing in a Crypto ETF. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. If you need any assistance in closing your order or have any questions about other trading strategies, please don’t hesitate to reach out to us at. Mirror Trading International collapsed and its website went down meaning investors couldn’t make withdrawals. This means that user funds cannot be sent to a rogue address in the instance where an account is breached. Once confirmed, a withdrawal cannot be canceled. Price Spread or Bid Ask spread is the difference between the Bid and the Ask price of an asset. This means your earning potential is enhanced with PrimeXBT. If you have any tips for new users or further feedback, please share with us at. Although leverage trading is a risky activity, it lets you enhance your position size by borrowing funds from the platform. Stellar has a basic operation that is similar to most decentralized payment technologies. While it operates in the crowded trading landscape, PrimeXBT has built a solid reputation for its robust security measures, competitive fees, and 24/7 customer support, making it a compelling choice for traders seeking diverse trading opportunities on a single platform. 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. The table demonstrates how much you would have to pay to trade 1 full lot 100,000 units in EUR/USD with a pip value of $10 for each account. Learn more about Baksta’s Legal Terms. The DOGE futures markets are available at various places, allowing the trader to establish a short position as well. PrimeXBT Cyber Monday deals commonly follow the Black Friday sales and run throughout the week after Thanksgiving. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage.

What is the minimum deposit for PrimeXBT?

PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. Based digital currency exchange business Gold Age Inc. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. Returns may be subject to tax. 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. After the drop seen in 2022, Ethereum seems on track to grow into 2024. The copy trading offered on PrimeXBT has been growing in popularity, attracting some talented traders to the platform. If you wish to sever the link between your PrimeXBT account and the Telegram Bot. The levels range from unverified to advanced, with each level offering progressively higher limits and additional features. Most of the time, you’ll get stopped out again. However, with products such as inverse ETFs, you need to create an account with the firms offering the products. As they are still providing service the platform seems to be reliable and stable. PrimeXBT provides 24/7 customer support via live chat and email. 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 desired amount will then be credited to the bank account linked to your Zengo wallet. For our trading test, we thoroughly evaluated the PrimeXBT platform. Deposits are free, but there are withdrawal fees for cryptocurrencies. This transparency helps you choose a trader you’re confident in copying. At the same time, clients have access to the following terms and conditions. If you do not have any Bitcoin, you can buy it on our website. As a derivatives trading platform, PrimeXBT does not offer any spot markets. Areas for Improvement. Conclusion: Although the interface and functionality of PrimeXBT may seem complex at first glance, the exchange provides a good opportunity for gradual immersion into the world of crypto trading. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees. Traders may also use their Apple or Google IDs to complete this step. Next, we will discuss withdrawal fees and their implications for forex traders on PrimeXBT. PrimeXBT has most of the standard order types as well as some protection orders. Returns may be subject to tax. Use the most appropriate flair, if the flair is grossly misleading then the post will be removed and repeated offenders banned, moderators can change the flairs of the posts if the wrong flair is chosen.