PRIMEXBT REVIEW 2024: A COMPREHENSIVE GUIDE TO TRADING EXCELLENCE

Crypto enthusiasts pointed out that Bitcoin offers a permissionless, censorship resistant, worldwide payment system as an alternative to state controlled banking networks. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. With backend development already complete after a series of UI testing, phase 2 of the ETFSwap ETFS beta platform will introduce AI powered trading tools like ETF screeners and trackers to help users with market analysis and smart trading decisions. These services are governed by the legal terms and conditions of PXBT. This has led to big profits for many. There are ETFs for almost everything imaginable, anything from mimicking the SandP 500 to mimicking the performance of the Indonesian economy. For further information, updates, or to get support, you can visit the following links. It is worth noting that Perfect Money charges the 1. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Get sign up bonus👉🏻 id=12677andgroup id=17470andgroup type=1✅ Ledger cold wallet: The secure gateway to all your crypto needs👉🏻. StatusGator has been monitoring the world’s cloud services since 2015. Very transparent and professional. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. 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. With multiple support channels and a rich array of educational materials, PrimeXBT provides a supportive and informative environment that caters to the needs of traders at all levels. This depends on the platform. Pruglo noted in a QandA that these funds would be more than enough to sustain operations for a few years. While this exchange won’t be for everyone as you’ll need a firm understanding of leverage and risk before you start playing around with contracts, it’s an excellent option for those looking for more advanced investment opportunities as many services like these are often restricted in countries like the US, UK, Canada and Australia. Note that if you don’t already own this cryptocurrency you’ll either have to deposit in it your wallet or head to the Global Markets page to buy it. Enhanced verification can increase these limits. To view your active bonuses on PrimeXBT, you can follow these steps. 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. The corporate structure of PrimeXBT is somewhat unclear, as the platform consists of various companies registered in different locations, each providing different services. PrimeXBT supports deposits and withdrawals in popular cryptocurrencies such as BTC, COV, ETH, USDC, and USDT. The PrimeXBT platform supports spot markets for over 30 of the most popular cryptocurrencies in addition to forex pairs, major stock market indices, and a broad selection of popular commodities. Withdrawal: It is possible to withdraw funds once the required volume of trading has been completed. According to Trading Education, experts agree that $10 or even $25 is achievable for Ripple. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. Step 6: Monitoring Contracts.

15 Best No KYC Crypto Exchanges in 2024

They support several payment methods including Apple Pay, making deposits and withdrawals a breeze. 15€ in BTC are waiting for you. Risk Warning: Trading in leveraged products carries PrimeXBT trade a high level of risk and may not be suitable for all investors. Check out our full PrimeXBT Covesting review for more details. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. A limit order is an order that you give to the broker as an instruction to sell a currency pair at the market price once it reaches a specific target. 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. This section will discuss the common trading behaviors, preferred trading instruments, and the overall engagement of PrimeXBT users. Trolling, in all its forms, will lead to a suspension or permanent ban.

Concluding Thoughts on PrimeXBT: Worth the Investment?

This is a break down analysis of Silver XAGUSD in the aftermath of key U. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. Polygon has captured the imagination of many crypto enthusiasts looking toward Web 3. That’s everything there is to it. There was no additional explanation for the blocked access in these regions. However, Cobinhood charges withdrawal fees that vary based on the cryptocurrency being withdrawn. 35 BTC when you register using this exclusive deal for TheMoneyMongers readers. Say Ethereum market price is $314. There might be other schemes that the platform might offer in the future, but right now, there is none. These assets are composed of six cryptocurrency pairs and numerous forex/commodity assets with leverage as high as 100x and 1000x, respectively. Navigation was intuitive, with all the essential tools and indicators just a click away. While some investors look to significant price movement.

Litecoin fundamental analysis

It conducts independent security audits and offers a bug bounty program to identify and address vulnerabilities. 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. Developing a trading strategy that consistently produces profits is far more difficult than it appears; yet, with time, talent, practice, and knowledge, it is feasible. The specific fee amount depends on the cryptocurrency being withdrawn and can vary due to network congestion and transaction volume at the time of your withdrawal request. The NASDAQ, another very popular term when it comes to investing, is something that is sometimes misunderstood. Learn more about Baksta’s Legal Terms. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The software offers tools to view portfolio, set recurring buys and automatically add crypto to control average price. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. 05% per trade for cryptocurrency transactions. Our KYC/AML policies include industry standard financial monitoring procedures, enabling us to identify any activities that may necessitate additional CDD review.

The Advantages Of Different Types Of PrimeXBT Contests

Stock exchanges play a crucial role in providing liquidity, transparency, and price discovery for investors, contributing to the efficient functioning of financial markets. PrimeXBT has a flat trading fee of 0. Note that registration on the site is very fast, no verification is required, so you will be able to start trading cryptocurrency almost instantly. Receive the latest news and stay informed. 4 Security: Most of the coins kept at PrimeXBT are stored in cold storage. 💼 AML Compliance: PrimeXBT follows FATF guidelines, employing Bitfury’s Crystal software for real time blockchain monitoring. They are not charging settlement fees on the contracts but are charging an overnight rate for holding the position. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. Information on the TradersUnion. Does this interface fulfill its promises in terms of aesthetics, user experience, and technical resources. Disclaimer: These are the writer’s opinions and should not be considered investment advice. Between these two, if you aren’t interested in trading multiple asset classes on one platform, then Bybit is head and shoulders above PrimeXBT. This provides an excellent opportunity for both experienced successful Traders and Followers to earn and greatly boost each other’s profit potential. Let’s explore both sides of the coin. The price will consolidate after a steep uptrend or downtrend. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions and other costs, and are not guarantees of future results. Receive the latest news and stay informed. PrimeXBT is a prominent trading platform, renowned for its user friendly interface and diverse range of trading options. Get into the trading action with reduced overnight fees on Forex and CFDs. Users can narrow search results using the filter options and make a PDF copy of the report by clicking ‘Statement’. Good company in a journey makes the way seem shorter. In regions where we do operate, we always include the necessary risk warnings and provide understandable explanations of the associated risks, in all our marketing materials. 💰 Cold storage secures all customer assets, with manual daily withdrawals and thorough risk assessments, prioritizing fund security over transaction speed. 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.

Can I use leverage or margin trading on PrimeXBT?

But in my opinion, these are mostly negligible issues that will only affect a small handful of individuals, if any. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. Allowing others to copy your trades while earning a cut of their profit is a good way to earn extra for very little extra work. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. No, different assets have different overnight fee rates. Our website uses cookies. 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. Owning Ethereum essentially means you are also holding a piece of this innovative technology. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. But here, it’s applied to finances. Highlighting preferred plans with different visual treatments3. At PrimeXBT, we want you to succeed as a trader. For the more experienced crypto traders that prefer a premium exchange platform that offers a powerful and advanced trading tool, PrimeXBT is perfect. PrimeXBT offers a comprehensive platform for trading both crypto futures and traditional asset CFDs. The minimum deposit to a BTC wallet is just 0. PrimeXBT places paramount importance on user security and data integrity within the cryptocurrency community. Stellar Foundation has since received funding from many other partners. Understanding the global reach of PrimeXBT is crucial for traders who wish to use the platform. The PrimeXBT affiliate program offers individuals the opportunity to earn additional income by promoting PrimeXBT to their audience. Understand the risks before trading with leverage. A – Z Namibian StocksHow To Buy Shares in Namibia10 Best Shares to Buy in Namibia5 Best Shares to SELL in Namibia. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. They not only offer an advanced trading platform with more than 80 cryptocurrencies but a range of other financial services for cryptocurrencies. Popular Global Stocks. With simpleFX offers a wider investment portfolio, not only crypto. The platform offers pricing that suits both new and seasoned traders, making costs easy to understand. Traders must apply rather than simply signing up, and eToro controls who is allowed to play in their sandbox.

Gemini Exchange

The available payment methods include cryptocurrencies, bank transfers, and credit cards. 1% of the required capital in order to take out that position. PrimeXBT offers a straightforward account structure, catering to different types of traders, from beginners to professionals. I codici promozionali PrimeXBT possono essere acquisiti attraverso diversi metodi. 001 BTC, and with leverage, the minimum margin required for such a trade could be as low as 0. As of the provided information, the following countries are banned from using PrimeXBT’s services. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. Due to the massive sale of ASIC miners, LTC mining can only be done with an expensive farm. The processing time for deposits varies depending on the cryptocurrency and blockchain network used. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Of course, there are also other things to consider.

How to Install the APK

It’s all about giving users tools and chances to make their trading better. 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. And ever since the first digital currency. Intrigued by the potential of leverage trading Bitcoin. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Org An Independent Educational Initiative of Bringing Web3 Knowledge to The Masses. PrimeXBT’s unique selling proposition for traders is its advanced security measures and the innovative copy trading feature, which enables users to replicate the trades of successful traders. We’ll cover the basics such as account creation, deposits, withdrawals, and KYC requirements. One such solution is being offered by the company that democratised and made personal computers accessible to everyone – Microsoft – in the form of their Microsoft Entra Verified ID. An example of how this fee is accrued: You trade BTC/USDT futures 1 contract at a price of 69,000. However, the PrimeXBT support team explains this by security requirements: the exchange team checks every transaction for risk scoring, money laundering, and suspicious trading activity. No, there is no limit to the amount you can earn through the referral program.

Economist Predicts ‘Blow Off Top’ For Bitcoin At $123,000 Post Trump Win

Date of experience: October 19, 2024. Our human support team is here to help 24/7, in your language. 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. Depending on how a candlestick opens, closes, and the price action within each candle can cause a candlestick to close in a particular shape or pattern. The platform grows with you as your Crypto trading skills progress. For example, the platform charges 0. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money. Dear Chris,Thank you for your continued support and for sharing your positive experience with PrimeXBT. Some events can send shockwaves through the crypto markets. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. Bulgaria seized more than 200,000 BTC from an organized crime crackdown in May 2017. 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. Although there are ways to automate it, these tend to have a steep learning curve, require some technical know how and sometimes even a subscription or extra purchase. As a YouTuber, Jacob Crypto Bury gets paid for the subscribers, views, sponsorships and endorsements etc. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. This prevailing trend has had a direct impact on market activity, stabilising prices as traders and investors maintain a cautious stance during this particular stage of the cycle. Get access to a wide range of trading, investing, and Crypto services from a single app. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Paybis: Crypto, Bitcoin Wallet. The platform offers high leverage, enabling various trading strategies, all supported by an advanced platform with TradingView integration for in depth technical analysis. 1%, and variable overnight swap fees tailored to each asset. In contrast, PrimeXBT provides higher leverage options and a more extensive selection of cryptocurrency trading pairs. 0017 resistance, it could increase by 25%.

VP of Sales

Security Measures: Despite being unregulated, PrimeXBT employs robust security measures, including cold storage for funds and two factor authentication for account security. The order form also displays recent trades and order book data. Meanwhile, PrimeXBT provides comprehensive support but may not match Bybit’s immediacy. These forecasts range from cautiously optimistic to highly bullish, depending on factors such as regulatory outcomes, market adoption, and overall crypto market trends. In addition to offering margin trading up to 100 times your initial investment amount, it also has a novel “covesting” feature that lets you see and mimic the trading moves of top investors on the website. The fact is that risk appetite is falling apart, and this does not induce confidence when it comes to not only Shiba Inu but also risk assets in general. Prime XBT Trading Services, S. If you have spent time trading or reading about Cryptocurrencies, you may have asked yourself, “Should I invest in Cardano. Understanding the significance of Know Your Customer KYC procedures, we emphasize that all clients adhere to PrimeXBT guidelines, exercising due diligence in compliance with local laws and regulations. Claim $100 by depositing a minimum of $500 within your first 48 hours. $20,000 or equivalent for unverified users. If you activate a new promo code of the same type, it will replace the previous one. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability. These are instruments that allow traders to benefit from price fluctuation in an instrument without actually owning it outright. 08%, and Ether fell by 30. The exchange offers different types of tournaments. Although the absence of spot or margin trading is a drawback, PrimeXBT compensates by providing a comprehensive futures trading experience. Each side will present its case at 9:30 am ET on March 7, with the SEC arguing against the product, and Grayscale arguing in favor. Positions closed before the start of a new trading day 00:00 UTC are not charged. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. BTC/USD, BTC/USDT, ETH/XBT, ETH/USDT, XRP/XBT, BCH/XBT, LTC/XBT, BNB/XBT. Collaborations with real world use cases may strengthen Cardano’s reputation and raise the likelihood of broad adoption. 00 while the Support at 153. While there are no withdrawal fees with PrimeXBT, traders should be mindful of the network transaction fees linked to the individual cryptocurrencies. Product Offering and Functionality. As with any trading tool, stop orders come with their own set of potential pitfalls that traders must be aware of. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Trading involves risk.

Khalid m

Trading should be considered only if one has the appropriate risk capital. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. By clicking on the exchange button on the tab it will redirect you to Changelly’s website to finish the transaction. Prime XBT Trading Services, S. 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. Author: Eduardo Montero. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. 本社所在地〒153 0052東京都目黒区祐天寺2 8 8 ロジックファクトリービル. Dear Mustafa,We’re thrilled to hear that our blog and price prediction tools are valuable resources for managing your trading effectively. And it goes beyond crypto signals. Liquidity will improve as the platform’s user base grows. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Continuously improving and enriching our platform with tools that aid in market analysis is a priority for us, as we aim to cater to the needs of traders at all levels of expertise. The average stock pick inside Stock Advisor is up 819% — more than 4x that of the SandP 500. Traders can visualise trends, spot support/resistance zones, and identify patterns faster to find more opportunities. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. The DeFi sector dropped the total value. While this means that withdrawals can only be made to accounts that have worked in the past, it does add an extra step and is rather inconvenient. The responses were fairly detailed but lacked accuracy in addressing all queries. However, funds needed to cover day to day withdrawals are held in a hot wallet. Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. The responses were fairly detailed but lacked accuracy in addressing all queries. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. In addition, Fiat wallets allow users to deposit, withdraw, and transfer Fiat currencies. 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. Users can deposit PrimeXBT supported Crypto, purchase Crypto with a credit/debit card, or deposit Fiat. On the other hand, there’s a flat 0. During testing, I noticed that funding fees for crypto futures were significantly higher than those on Binance and Bybit, sometimes being twice as high. PrimeXBT is registered in the Republic of the Marshall Islands but does not have regulatory approval from major financial authorities like the FCA or CySEC.

Minimum Trade

In our research for the Bybit review, we did not see any signs of manipulation or taking on U. The lack of identity verification allows malicious actors to create fake accounts and engage in illegal activities like money laundering or phishing attacks. Copy trading is ideal for traders who don’t have the time to trade on their own, who don’t have the necessary experience to trade profitably, or who simply want to learn and gain experience while copying some of the most successful traders on the market. There is truly no limit to the amount of money that one can make trading Cryptocurrency with the right skills, strategy, patience, and a strong mind free of any emotions. One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. The site has a high level of security. Click Download and confirm the file download if you see a warning. READ FULL IF YOU’RE NON MEDIUM MEMBER. Those who struggle with the financing costs generally haven’t traded well, to begin with. To download the PrimeXBT app on your iOS device, follow these steps. 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. The PrimeXBT technical analysis platform runs on Tradingview. XRP is a centralized cryptocurrency that uses a Federated Consensus protocol to validate transactions. However, when interest rates are low, cryptocurrencies become an attractive place to park money, which often leads to long lasting bull markets. For more information, please see our Cookie Notice and our Privacy Policy. Unfortunately, I couldn’t find an easy way to make it full screen or at least to get it to an acceptable size. Our website uses cookies. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. PrimeXBT is an unregulated exchange and, for that reason, it is recommended that users do their research and exercise caution before using it. Now, it supports more than 10 blockchains including Arbitrum, Polygon, and Optimism. How we withdraw , what ar ethe withdraw terms. Crafting a clear and comprehensive trading plan is crucial for maximising your success and minimising risks. To evaluate the quality of customer services for diverse user needs, we created a unique trading test. For feedback or questions. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. When a trader owns a futures contract the difference between the price on their contract and the spot price is their profit or loss—and the more leverage you use the more exaggerated these can be and this is why it can be very dangerous to trade with high leverage. This is a break down weekly analysis of Natural Gas. Support is available in both German and English, and the FAQ page is translated into German. A limit order is an order that has a prespecified price to buy or sell a security.

Worse

This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. The platform provides a variety of free deposit options for both crypto and fiat. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. 071 USDT in trading fees. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Save my name, email, and website in this browser for the next time I comment. Contracts for Difference CFDs: Users can gain exposure to Commodities and Indices through Contracts for Difference. 99% fee, not PrimeXBT. Information regarding past performance is not a reliable indicator of future performance. These platforms are home to investors and traders, seeking to extract as much profit out of these exciting, emerging markets filled with digital assets. This fact should also be considered when making a Cardano price prediction, since Hoskinson brings a certain prestige and authority to the project. For users looking for a simple exchange that is beginner friendly to simply buy and hold crypto, then Coinbase is the better platform. Although the hard limit can be lifted by completing the PrimeXBT KYC process, the initial limit is generous for crypto traders in USD.

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We’ve sent it successfully. The PrimeXBT summary also highlights its competitive fees. Engage in Crypto, Forex, Commodities CFDs, and Indices CFDs trading. Keep these key tips in mind. PrimeXBT integrates TradingView charts, which is a nice feature. Scan this code to download app. It comes equipped with a range of technical tools, including over 50 indicators, charting tools, and multiple screen support, aiming to cater to various trading strategies. On PrimeXBT, we found a familiar interface, with standard TradingView chart, positions, orders and position history, and market, limit and stop orders for longing or shorting assets. Slippage is the amount a price moves away from the intended entry. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. For example, the fee for trading crypto markets is as low as 0. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. This platform is universal, as it provides an opportunity to work with assets of different markets. PrimeXBT stands out in crypto for its simplicity and versatility. Here’s an overview of the different account tiers and their associated benefits. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. But, if the trader wanted to make that same trade — with exactly the same potential profit or loss which would be a tick value of $100 per 0. British users can make a deposit on PrimeXBT by logging into their account, navigating to the ‘Deposit’ section, and following the instructions provided. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. PrimeXBT was founded in 2018 in the Seychelles under the name PrimeXBT Trading Services and has since grown into a global brand with clients in 152 countries. A long position is an entry expecting the price of an asset to go up. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. Our website uses cookies. After that, the English section “For Traders” will open, where there is a subsection “Education”. Besides crypto futures there are also over 100 assets that are traded on the global market, classical derivatives.