◾️My Stop Loss/Stop Buy order was executed even though the price on the chart never went that high Why?

By using this code, you can get a 35% bonus transferred right to your wallet within 24 hours. Leverage trading on PrimeXBT involves borrowing funds to trade larger primexbt contactos positions than your initial capital. PrimeXBT, on the other hand, also offers major and minor forex pairs, global stock indices, energies such as crude oil, plus precious metals like gold and silver. This would surely go a long way to reassure OKX customers that they can safely trade on their platform. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. Thank you for your feedback. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. The exchange is registered in Seychelles and has offices in St Vincent and the Grenadines. In addition to the MT5 terminal, the service also offers its proprietary PrimeXBT WebTrader and App dashboard. Traders can scour through some of the top performing traders and choose to copy their trading activity, providing a potential side income. You must understand how the CFD market works. Some may worry about PrimeXBT not being licensed or regulated. You can update your choices at any time in your settings. Transactions typically happen directly on PrimeXBT’s site or via trusted partner platforms. I have found a few copy trading services, but they seem to be focused on daytrading, futures and leverage trading. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The active short selling and margin trading are somewhat interconnected, in the sense that you will need to borrow to short a market. Here, you can both buy and sell the most popular currencies and make money on fluctuations in exchange rates using futures and CFDs. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. For traders who prefer digital assets, PrimeXBT supports deposits in major cryptocurrencies. The program accepts worldwide traffic sources and offers promotional materials such as HTML banners and text links. Review collected by and hosted on G2.

Stellar Lumens Price Prediction: Can the Altcoin Skyrocket Again?

You’ll get two new stock picks every month, plus 10 starter stocks and best buys now. This leverage ended up costing hedge funds roughly $20 billion. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. With all of these leverage numbers, it is important to point out that this is the maximum leverage limit, and traders can opt for a lower number level. Vincent and the Grenadines. Chainlink must address scalability challenges to accommodate a larger number of data requests without compromising performance. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. By using a CFD, you and a counterparty agree to settle the difference in value once the trade is closed. It’s like having a fortress protecting your assets while you focus on making smart trades. As the first part of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. However, there are some regions where PrimeXBT does not accept users, including. During uptrends, traders and investors become bullish and price moves sharply higher. Bybit has considerably lower fees than many exchanges in the space, but slightly higher than the low cost leaders comprised of Binance, OKX, and KuCoin. Congratulations to all the users who followed the “Satoshi Bets” strategy on the Covesting Module. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. Another popular type of copy trading is social trading. Enormous information available on the internet makes it challenging to locate the right and functional promo code. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. The tabs hows your sizing, the fill price, the current price, your profit or loss, take profit and stop loss targets, and it gives you an option to close the position. For those of you who are going to be away from your desk, you will be happy to know that PrimeXBT also has a couple of mobile apps, PrimeXBT and PrimeXBT Futures Pro for more advanced trading. Shiba Inu selling opportunity on the PrimeXBT platform. That’s why you always need to keep an eye open on your active trades. Best Forex Brokers on InstagramBest Forex Brokers on TwitterBest Forex Brokers on YoutubeBest Forex Brokers on Facebook. This all in one trading interface provides the ability for users to manage a diversified portfolio. They seemingly receive salary not for no reason, lol, sometimes, there are platform where support guys receive money for nothing. CFD stands for contract for difference. For our trading test, we thoroughly evaluated the PrimeXBT platform. I registered crypto wallet and made my first crypto transfer.

How to trade Forex?

Com with your proof and details so we can assist you directly. Another window will appear displaying the credit or debit card information, bank information, and personal details related to the transaction for users to fully review. In addition, you can set up a stop loss or take profit levels for every trade. Use correct spelling, grammar and punctuation. Before engaging with this website and the services made PrimeXBT Bonus for New Users 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. Both platforms also utilize multi signature authorization for withdrawals and the movement of funds, meaning one bad actor can’t swipe the funds without secondary signature authorization. There are tight spreads, low commissions and fees for opening and closing positions and high leverage up to x200 on Bitcoin but there are some lags during high volatility. PrimeXBT has never suffered a hack or security breach during its operational history. Definitely, the elephant in the room is the 100x leverage for crypto, which is the highest we’ve seen to date. London, City of London. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform. Covesting’s leaderboard helps Followers pick winning traders to copy based on transparent performance stats. Gold is an established and mature market for investable assets. I mean, they have DDos Protection, they are backed by AWS, and reportedly have liquidity from 12 different sources. We use dedicated people and clever technology to safeguard our platform. 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. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. Here is a look at the Bybit trading interface. For security related inquiries, please refer to our security page or contact us at. The copy trading features allow traders to set up and manage a strategy and/or follow another trader’s strategy. But once 2018 hit, a major Bitcoin trend change occurred, and the price started going down. After figuring out assets and instruments matter the most to you and which platform has them, you can begin to compare crypto trading tools, basic functionality, and the various features a platform offers. PrimeXBT adjusts leverage limits based on market exposure. We would suggest you use the web app as the first port of call and leave the mobile app for monitoring open positions and having to perform on the go trade maintenance. Consequently, to prevent the leveraged position from getting liquidated you should always set up a stop loss, this is extremely important. The PrimeXBT mobile app supports various order types, including market, limit, and stop orders, allowing traders to execute a wide range of trades efficiently. The Best Forex Brokers with a 10’000 USD Welcome Bonus Offer – Rated and Reviewed. At PrimeXBT, we’re committed to giving you quick access to multiple markets.

Customer Service a team that has your back

US users have access to more than 70 coins, which far outpaces PrimeXBT. 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. To protect yourself from a negative experience of cooperation, you should carefully check the documentation, as well as the license on the official website of the project. This unregulated status may ring some alarm bells, but customer reviews are mostly positive with few complaints of the broker not paying out returns. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Simply share your personal referral link online and with friends to start benefiting from this beneficial opportunity. Best regards,The PrimeXBT Team. Users can deposit, withdraw, exchange, and transfer Crypto. But, for withdrawals, a flat fee is charged from users to cover the transaction costs blockchain network fees to move the cryptocurrency from the Binance account to your personal crypto wallet.

ProBit

However, when asked to ChatGPT, the AI predictions turned out to be extremely bullish than ours. I am not surprised that so many people preferr primexbt. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. Traders can take advantage of bullish and bearish market conditions by going long or short. Explore PrimeXBT’s demo trading feature for risk free practice. If you have any questions or need further assistance, please don’t hesitate to reach out at. Placing 19th just below Litecoin, Shiba Inu closes the list of top 20 coins on the market with an astonishing market cap of $4. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. @bitcoin tradingexpert. PrimeXBT provides its own bespoke, browser based trading platform that requires no download or installation. An OCO order allows you to combine 2 different orders under special conditions – once one of the orders is triggered and executed, the second order is automatically cancelled An OCO order allows you to combine different as well as identical order types: Stop+Limit, Stop+Stop, Limit+ Limit. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. Traders on Bitcointalk often share their strategies and tips for using PrimeXBT effectively. Though the platform has a lot of positive reviews and few complaints, and a long history of satisfied traders, this is still an important consideration. Cardano, often denoted by its cryptocurrency ADA, emerges as a pioneering blockchain platform designed with a profound commitment to scalability, sustainability, and interoperability. These coins could leave Dogecoin in their dust, while the altcoin remains forever considered a “joke” or “meme” coin. Beginners can opt for user friendly platforms like Changelly or Paybis, which offer smooth buying experiences. During the late 2017 and early 2018 cryptocurrency hype bubble, few crypto assets or altcoins received as much buzz as. 3 Choose the Duration and Amount of funds used to be used in your prediction. Information written by the company. When considering Bybit and PrimeXBT, you’ll encounter different Know Your Customer KYC policies that impact your experience based on privacy, security, and platform accessibility.

The Dos and Don’ts of Staking and Leveraging Your COV Tokens

While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. We believe this versatility is key to enabling our users to take advantage of various trading opportunities and market conditions without the need to manage multiple platform accounts. Scan this code to download app. This is because there are quite often areas where large institutions put orders into the market. Bybit has also done an impressive job expanding its offerings, now contending with the likes of Binance and OKX thanks to their solid reputation, long standing track record, and respect within the crypto community. Users can narrow search results using the filter options and make a PDF copy of the report by clicking ‘Statement’. Following those traders can have a significant impact on your bottom line. 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. 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. This allows for the control of large positions with a relatively small amount of capital, potentially maximizing profits from both rising and falling market prices. 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. Both platforms offer robust features, but their interface designs cater to different user needs. This is also one of our main review criteria when it comes to grading an exchange. To register, either click the “Register” or “Open Free Account” button. It offers up to x200 leverage, a user friendly interface, and is complemented by the copy trading service offered by the company. Margin trading on PrimeXBT comes with a fixed commission fee of 0. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. In comparison, exchanges like Binance require only one confirmation for deposits using the TRC20 network.

My Key Takeaways After Testing PrimeXBT Desktop

PrimeXBT offers customer support through email, web form, and live chat, available 24/7 to assist traders worldwide. Although it has been a significant commodity in the past,. 📊 Standout Features: PrimeXBT offers proprietary copy trading, allowing beginners to follow successful traders’ strategies. The information on this website is for educational purposes only, and investing carries risks. 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. 9% availability rate, ensuring that traders worldwide have near constant access to the volatile cryptocurrency markets. Very High Triple A rating by Certified. Create a FREE account and. Additionally, you may choose short or long, as well as a lot of different indicators, tools, and lines to add. Considering the risks inherent to cryptocurrency exchanges, PrimeXBT is taking necessary steps to keep their platform safe from exploitation. Established in 2018, PrimeXBT provides access to over 100 assets and contracts across various markets, including Crypto, Forex, Commodities, and Indices. Prize winners The lucky winners. Explore a platform where exceptional security, high leverage, and a multitude of trading instruments converge for fast and efficient market execution. Additionally, PrimeXBT offers leveraged trading, allowing users to amplify their potential profits by trading on margin. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. 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. It also was a part of the Reddit WallStreetBets and TikTok trend where users pumped the coin on Robinhood. For most traders, this is probably more than enough, but it is sure to disappoint some individuals who prefer working with smaller altcoins. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. Both platforms offer some of the lowest fees in the industry. Here is what Bybit offers. $2,000 by bank card.

Australian Stock Exchange

Caden has been involved with crypto since 2018, when he began investing, trading, and mining tokens. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. A stop loss order is an order you place through your platform that tells the broker when you choose to exit a position, ostensibly to protect against losses. For more information, please see our Cookie Notice and our Privacy Policy. There are no deposit or withdrawal fees charged on FTX. You might be wondering what else our PrimeXBT review team managed to uncover while browsing through their service. Big traders often place large orders around important psychological price levels, such as $1,000, $10,000 or $50,000. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. The copy trading offered on PrimeXBT has been growing in popularity, attracting some talented traders to the platform. Advanced trading concepts can be confusing for beginners. Additionally, PrimeXBT charges funding fees regardless of whether you go long or short, unlike other exchanges that rebate fees when trading against the market. Customers can fund their accounts by depositing via bank card or bank transfer. If you are spot trading, opening short positions against a trend, only to find out that the trend is continuing then an isolated margin account will help you avoid your account being affected. Disclaimer: By using this website, you agree to the Terms and Conditions. COV is the native token of the Covesting platform.

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20 x 60 = $ 1200 profit. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. The stop loss order is placed at a point where you admit your trade idea hasn’t worked out. When we used PrimeXBT, we were reassured to see that the brokerage offers a demo account through its Contests. 7376 in May 2021, but then the asset fell into a long term downtrend where the future outlook was extremely bearish. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. So if you decide to sell and make 100 percent profit on your initial investment, you could be missing out on 200, 300, or even 3,000 percent profit if you held a little longer. How to Spot an Unsafe Crypto Exchange. PrimeXBT is a perfect match for copy traders. Trade with confidence knowing we are trusted by 1,000,000+ people worldwide, for our award winning products, our commitment to security, and the 24/7 support we offer. Margin trading crypto works just like in other financial markets – a trader borrows money from his or her broker in order to fund a crypto trading position. Currently, you can deposit BTC, ETH, XRP, and traditional currencies such as the USD and the naira Nigeria. The withdrawal process on PrimeXBT typically takes between 24 to 48 hours. United States of Minor Outlying Islands. These products are not suitable for all investors.

Bernd K

This means that user funds cannot be sent to a rogue address in the instance where an account is breached. This dog themed meme. We personally contact support using all available methods and present hypothetical problems that users might face. Best regards,The PrimeXBT Team. PrimeXBT was founded in 2017. PrimeXBT offers margin trading to enhance earnings. A buy and hold strategy is also called HODLing in Crypto, which means the investor is buying spot assets and holding them under any circumstances. In this article, we aim to provide a comprehensive prediction on the potential future price of Chainlink LINK, a decentralized oracle network that enables smart contracts on Ethereum to securely connect to external data sources and APIs. 77% gain and worst in Q3 with 4. Wait a moment and try again. PrimeXBT exceeded my expecations. All data and settings are synchronized across devices. 🌐 Discover all about PrimeXBT, its features, and future updates directly on their official platforms. Strategy managers on PrimeXBT’s Covesting platform provide transparent performance statistics, including. Actually, PrimeXBT has all the necessary to be referred to as a multi asset service. He earned his degree in English Language in the U. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Trading involves risk. This feature, part of its Covesting module, allows users to replicate the trades of top traders, thereby gaining access to a range of instruments like crypto, FX, and commodities. I think crypto futures has some advantages. PrimeXBT also offers a lower flat fee schedule, but both exchanges offer the option of advanced charting and crypto to crypto trading pairs using Coinbase’s Coinbase Pro product and PrimeXBT’s online and mobile platform. 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.

Open free account

🎁Open Account PrimeXBT HERE. LinkedIn and 3rd parties use essential and non essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads including professional and job ads on and off LinkedIn. To fund a trading account. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. These fees are charged whenever a trade is executed, either as a market order or a limit order. One of the mirror trading frauds took place in 2017, in which Deutsche Bank faced significant fines of $425 million by the New York Department of Financial Services and £163 million by the Financial Conduct Authority British regulators due to their involvement in “mirror trading. Here is an example of margin trading in the crypto market. Gotta give credit where it is due, the Bybit team seriously stepped it up. The option to change the candlestick chart and turn it into a line bar graph is at the left. The growth potential of Cardano depends on its capacity to draw users, companies, and developers looking for a safe and scalable blockchain architecture. Risk assets, including U. This project is featured as an ‘Untracked Listing’. To read about this particular case, click here. Now you can bet on whether Bitcoin’s price is going to go up, called a long, or go down, called a short. PrimeXBT offers standard order types including market, limit, stop loss and OCO.