PrimeXBT May 2023 Copy trading report: Another new top trader is crowned with 964% profit

Yes, you can deposit Cash: USD directly to your Cash Wallets on PrimeXBT from your personal AdvCash account or via Perfect Money. That’s precisely why we like to check a crypto platform’s reputation during evaluation. They have developed their own trading technology, making the platform robust with plenty of key features. Trading Bitcoin with leverage avails us the privilege of entering positions larger than our capital would allow if we had used a normal exchange. Additionally, the PrimeXBT compliance department reserves the right to ask for additional documentation at any time while using PrimeXBT services, such as proof of address, ID forms, and more, depending on a variety of factors such as client activity or the total amount transacted. When a trader that you follow opens a trade, the copy trading platform opens the same trade on your account, automatically. Upon registering, you can make a Crypto or Fiat deposit or purchase Crypto with a credit/debit card or bank transfer to begin trading. Contests – test your skills and compete with other participants to win prizes by trading Crypto, Indices, Commodities and FX with up to x1000 leverage with virtual funds creating a risk free environment. Trading EOS on leverage enables traders to profit from the market, whichever way it turns next.

PrimeXBT affiliate program

In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market. To fund a Margin Account. Thank you for sharing your thoughts on the range of trading instruments on PrimeXBT. Moreover, you can never lose more than the funds you use to open a position. If you have accumulated reward on a margin account that already exceeds the aforementioned amount, the accumulated reward amount will be retained until a withdrawal from the account or the promocode expiration. An investor wants to take out a position size of one Bitcoin back when the cryptocurrency was trading at $10,000 per coin. Copy and social trading have become massively popular and is a feature that is supported by many popular trading platforms like eToro and Avatrade. Thank you for choosing PrimeXBT. Price and trade data source: JSE Ltd All other statistics calculated by Profile Data. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Also, very important is to make sure that your stop loss will be hit before your liquidation price. Once your Stop Loss is triggered, it becomes a Market order and is filled as such, taking into account the Spread for a given order size.

Stop order

Otherwise, if you would have to take delivery of €100,000 to speculate. Security features include but are not limited to. Step 2: You will now be taken to a page that asks you to input your email address and set a password. To make a withdrawal to a new Account ID, users are first required to make a deposit with that Perfect Money Account ID,. EUR/SGD is The Euro, currency of the European Union,. PrimeXBT is not currently available in the U. Yes, feel free to download the iOS App or Android App. The average price for the year was $1. Date of experience: PrimeXBT copy trading February 11, 2021. All logins to your account are reflected in your Settings menu, under ‘Last logins’. I am just some guy of no consequence tapping at a keyboard and I am replaceable. During its early years, the crypto market was associated with illicit activities due to the ability of transactions to be made anonymously. Customer Support has taken 20 mins to say that I went below 0%. Perfect Money Account ID used to make a deposit will be preselected automatically. Cardano has been designed with security as one of its founding principles, with the Ouroboros Proof of Stake protocol being used to secure the network. However, recently, a prominent hack of a competitor cryptocurrency platform resulted in a large sum of user funds stolen. Thanks to Bitcoinsensus, new users signing up to PrimeXBT using our link can get up to a 25% bonus on their first deposit.

PrimeXBT Tutorial: Steps To Making Your First Deposit

The PrimeXBT cryptocurrency exchange is a one stop shop trading platform that supports trading cryptocurrencies, most major stock indices, commodities, and foreign currencies. Do not fall victim to the Bystander Effect and think someone else will report it. Yes, our 4 level Referral program allows you to invite friends, family and others to try out the platform by sharing your personal referral link. 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. Digging into monthly and max win rates shows both regular returns and risk management prowess. This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages. Global Markets Margin trading accounts provide only Cross margin system, while Crypto Futures trading accounts provide both Cross and Isolated margin types. A withdrawal address can be whitelisted by clicking the ‘Withdraw’ button for the asset you wish to withdraw, in your Dashboard. 1 BTC into PrimeXBT exchange, the maximum amount of funds you can lose is 0. The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network. Via the Main page, users can view. Works like a limit order but instead of opening trade the conditional order automatically closes a trade when price triggers it. Get the PrimeXBT Massive 35% Bonus. Copy and social trading have become massively popular and is a feature that is supported by many popular trading platforms like eToro and Avatrade. On the Deposit section of your account specify the detail of your deposit. These include things such as the colours, grids and spacing.

Is PrimeXBT Safe?

You can set up additional Protection orders for any new Market, Limit or Stop order by clicking on the box Place Stop Loss/Take Profit in the order form. Positions sub section allows you to manage and track your open positions, adjust leverage and change margin type, attach Stop Loss and Take Profit protection orders, and monitor the liquidation price. These apps will allow you to place trades and monitor open positions on the go. In some cases, hundreds of professional traders may have participated in the creation of the automated strategy that you’re following. Io, Binance, Zengo Wallet, and UPHOLD. Upon her friend’s recommendation to invest in Bitcoin in 2015, she became interested in all things crypto. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. A bit of a heads up, though: the effect isn’t immediate; it usually takes between a year and a year and half for the halving to be priced in. Charts: TradingView powers Charts on PrimeXBT. Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. Guaranteed publishing with just a few clicks. 1 BTC you took wrongly to show that you care. Verification can help ensure real people write reviews about real companies. It’s always a nice touch when an exchange includes additional material to help smooth your trading experience. Org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. They have been used in the traditional financial sector for more than a decade. Top of the book ASK quotes are reflected as a green indicator on the price range field of the chart. All of this is done without input from the trader. If a trader were to buy Litecoin at $20 and sell it at $140, it would have $120 in profit.

Accessibility

At the resistance level, the uptrend will pause as the selling pressure increases. Multiple active Trade fee or Overnight financing fee discount promo types are NOT additive; only the highest active trade fee or overnight financing fee discount will be in effect at any given time. However, as the average cryptocurrency trader changes, so do the features offered to them. The trading terminal on PrimeXBT works almost perfectly. This reinforces the provider’s reliability by offering a clear track record. “I engage in copy trading on PrimeXBT’s platform, known as Covesting, and it’s fantastic. Table of contentsWhat is a demo account. A well defined trading plan includes all necessary points, that you consider important, for trading the markets. Using an isolated margin is great for reducing risk, but simultaneously, it also prevents you from accessing the full x200 leverage. 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. Review your payment and make sure the correct Perfect Money USD currency account is selected. Awesome didn’t believe it until I was able to withdraw. You will need a working email and phone number to successfully receive your verification codes and complete the new account sign up process. Claim up to $7,000 in Bonus. In terms of platform performance, PrimexBT’s trading platform offers a comprehensive and user friendly experience. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. PrimeXBT allows direct Fiat deposits to Global Markets currency trading account by automatically funding the trading account when a deposit is made to the wallet. This way, each drop in price in Bitcoin will be offset by the gains you make on your short position.

Can Stellar make you a millionaire?

Some trades are not for the faint of heart. Importantly, our experts found that charges are lower than many alternatives. 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. Yes, there are 2 different fees that can be incurred when trading Trade fee and Overnight financing. To view or add a comment, sign in. But wait, there’s more. An important new feature for beginner and pro traders alike is the brand new adjustable leverage system. Prime Technology Ltd is PrimeXBT’s Technology Provider. PrimeXBT Crypto Futures offers long and short positions on major Cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more. Our website uses cookies. Comments:PrimeXBT is a reputable and feature rich crypto trading platform that caters to both new and experienced traders. Trading Bitcoin options is generally a bad idea because traders lose money, and they can be expensive just to access. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Vincent and the Grenadines, and a recent move and consideration of becoming headquartered in Switzerland, PrimeXBT IS NOT currently regulated or licensed.

We verify companies and reviewers

XRP maxes out at x175, BNB is set to x75, LTC, MATIC, and ATOM offer x50, and TRX can reach x30. In order to become a partner of PrimeXBT, click the blue ‘Become a partner’ or ‘Get offer’ buttons. In the case of short positions, traders are betting that the price of the underlying asset will go down. This is the risky part of margin trading Bitcoin. In recent years, it has experienced substantial expansion and adoption. Most people will likely be satisfied with these numbers, regardless. It takes years to truly learn all there is to know, and new innovations and breakthroughs in day trading tools mean that the industry is ever evolving and there is more education at every turn. I don’t trust them no more to trade with them. Binance does allow users to short cryptocurrencies with leverage using perpetual swaps and futures, so plenty of profits have been and will continue to be made. Some of the largest cryptocurrency exchanges offer derivatives trading options such as contracts for difference CFDs, futures and options. In the Cryptocurrency Service category. 99% of the total amount. Once you find profitable strategies that suit your needs and risk tolerance, you can automatically copy their trading activity onto your own account with Covesting. Many cryptocurrency projects are untested, and blockchain. Despite this, I am pleased with the trading conditions on offer. Embedded order book is useful too. The marketing is usually done by advertising the solutions that the project can provide. Claim up to $7,000 in Bonus. 8 for PrimeXBT Futures Pro. It was designed by the European fintech software developer and DLT services provider of the same name, who also launched the COV token and helped build yield accounts on PrimeXBT. Once in the trade panel, you can choose to “go long” or “go short” on an asset. We may receive a commission for purchases made through these links. In that scenario, if you were to use cash only, your loss would be $2000, or 20%. 4 stars from 156 reviews, indicating that most customers are generally satisfied with their purchases.

Cash me Refer a Friend

Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. No, you can never lose more than you deposit into PrimeXBT account. However, choosing one over another is no easy task because they appear similar at first and offer traders a host of features. Keep in mind that any Bitcoin price forecast should be taken with a little bit of flexibility, as it is going to be very difficult to foresee a lot of the potential ups and downs that may have an influence on that asset. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. PrimeXBT is one of the most profitable affiliate programs in trading and an award winning trading platform that allows you to introduce clients and earn up to USD 1250 in affiliate commission. PrimeXBT is a trading platform providing tools for users to purchase, trade, and manage their investments. Guys there are the best.

Bitcoin as a Hedge Against Upcoming Global Market Crash

Assume that 1 BTC = $9,000. Users can contact customer support by email at. Given its status as the most heavily traded and largest cryptocurrency by market cap, Bitcoin is the choice of millions of traders on a daily basis. Com or its live chat which is available via the Account menu at the top right of its website. To view or add a comment, sign in. The next day, we were ready to close the trade even though it was a loss. This Week’s Summary The crypto market ends the week at a total market capitalization of $2,49 trillion. 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. One crypto exchange may be good for professionals and another – for novice traders. Dear userWe’re concerned to hear about your experience with the commission fees. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. FTX bankruptcy Chapter 11 9:14 PM. PrimeXBT and Bybit have a lot more differences than similarities when it comes to their offerings. PrimeXBT offers a comprehensive one stop solution that supports the trading of Crypto, Fiat, Commodities, and global Indices. Registering an account is rather quick, and the platform touts that there is no KYC required, as of now. Collect Bits, boost your Degree and gain actual rewards. You can check out the best crypto exchanges in USA. You will be able to view your current position at the bottom of your Bybit trading screen, as shown in the image below. The trading platform is easy to use and with its low commissions, tight spreads, and excellent leverage, PrimeXBT stands out from the competition. If you already have crypto, depositing into a PrimeXBT account is a simple process. 3️⃣ Once the payment is completed, you will be redirected to the summary page of your executed payment.

4 5

Thanks to Bitcoinsensus, new users signing up to PrimeXBT using our link can get up to a 25% bonus on their first deposit. Contracts for Difference CFDs: Users can gain exposure to Commodities and Indices through Contracts for Difference. 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. Copy trading on PrimeXBT has many advantages for traders of all experience levels. It is clear that building your robust and solid trading strategy is difficult, and takes some time to get perfected, and then one has to still be able to stick to it. Take advantage of leverage in a responsible manner, and size accordingly. If your Google Account was already authorised in your browser, simply confirm to continue with the selected account to log in to your PrimeXBT account. By planning out at least those two things, and then perhaps even a take profit order, you can avoid emotion during the trade itself. It is designed to complement such standards after introducing security best practices related to cryptocurrency handling storage and usage. Also, we highly recommend enabling 2FA 2 factor authentication and login notifications. As mentioned previously, you should choose the margin type that best fits your speculative trades or investments. However, users can also open ETH, USDT, USDC, COV, and USD margin accounts. Disclaimer: The text below is a press release that is not part of Cryptonews. Learn more about Baksta’s Legal Terms.

TOP3 Recommended Crypto Exchanges:

This is fantastic for beginners who may not want to be daunted by every feature that PrimeXBT offers, as well as advanced users who would prefer a streamlined view that focuses only on the elements that matter to them. Yes, feel free to download the iOS App or Android App. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. The record high Cardano price is over $3 per ADA coin. You also have the option to insert a referral code if you were given one more on this later. This explanation includes an example with BTC/USD for example. And last, Cardano’s appeal is partly influenced by its commitment to interoperability and its ambition for a global blockchain ecosystem. Entire infrastructure is designed to facilitate high number of orders per second and extreme loads, while offering ultra fast order execution and low latency. As traders spend the majority of their time on the main trading platform, it is pretty important that it is well laid out and intuitive from a user interface perspective and has all the features and tools that one needs. After Google Authenticator two factor authentication has been enabled, click “Connect Bot” within the PrimeXBT account dashboard. Swing trading is a short term to medium term trading style. It is important to remember that Stop Loss/Stop Buy orders are triggered when top of the book ASK quotes reach the price specified in your Stop Loss/Stop Buy order. PrimeXBT’s mobile app is praised for replicating the functionalities of the desktop platform. Things can become even more successful when investors learn to manage any Bitcoin positions effectively through trading to protect against bear market or correction risk, potentially profiting from it instead. When buying, you will get the Ask price; when selling, you will get the Bid price. The platform has well over 90 different types of indicators inbuilt into the platform and readily available. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. In order to access actual crypto currency services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. What is the Affiliate Program On Primexbt. PrimeXBT also provides a weekly Market Research Reportwith important macro information and market news related to traditional assetsand crypto. Users can also customize the indicators in terms of the time frame and other important inputs. The high leverage levels are possible because the broker is not regulated by the FCA. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. And it has already changed actually. Vincent and the Grenadines and shifted their headquarters location and infrastructure to Switzerland. Minimum order sizes, trade sizes, max exposure, leverage, and funding rates for longs and shorts, can be found here. Global Markets Margin trading accounts provide only Cross margin system, while Crypto Futures trading accounts provide both Cross and Isolated margin types. Read more about KYC policy. USD currency wallet will be automatically preselected. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies.

Web3 Explorer

12 level, perhaps even $0. A market order is an instant order. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. When you borrow on margin, there is a bit of interest to pay nightly, so if you hold the position overnight, it is going to cost a small bit of interest that will be calculated automatically. As mentioned before, PrimeXBT allows you to trade both long and short positions. 8 for PrimeXBT Futures Pro. Of course, even if a hacker is able to get hold of a user’s password, PrimeXBT offers two factor authentication, meaning a hacker won’t be able to access a user’s account without also having a user’s 2FA code. Alternatively, if you want a more risky trade, you can go ahead and open a larger position. So that you can take full advantage of all that PrimeXBT has to offer. In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market. The answer is simple: comparing apples to apples is always easier than comparing apples to oranges. More advanced traders will appreciate the powerful charting, multiple order types, risk management tools and fully customisable multi screen layouts tailored specifically to their workflow. The feature allows platform users to browse through hundreds of trading strategies provided by other professional traders and ranked by profitability by PrimeXBT. Cancelling an active Reward bonus will allow negative balance protection to be applied to an account. Litecoin is a cryptocurrency designed to be a peer to peer payment coin that is often called the silver to Bitcoin’s gold. This is referred to as selling or going short, as opposed to buying or going long. Once your Stop Loss is triggered, it becomes a Market order and is filled as such, taking into account the Spread for a given order size. Positions do not have a time limit and can remain open indefinitely, provided the available margin does not drop to 0%. Others, especially the passive ones, are fairly easy to do, but they do not offer the same earning potential.

Exclusive Crypto Deal List of 2023

Definitely enough for the casual crypto investor. After this, Litecoin performed wildly beyond expectations, climbing more than 12,000% to over $360 at the coin’s all time high in 2017. Risk Warning:Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Copying a strategymirrors every trade from the manager’s linked portfolio proportionally based on the amount allocated to that strategy. By having a larger position, requires you to have more margin, ultimately reducing exposure risk. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Stop orders emerge as indispensable tools that empower traders to navigate the unpredictable waters of financial markets. Prime Technology Ltd is PrimeXBT’s Technology Provider. Our website uses cookies. Get News delivered to your email. Plus the fact that PrimeXBT has over a dozen integrated liquidity providers should ensure that you can execute safe and profitable trades here.

Unlocked: Crypto Handbook!

That means that they are kept away from internet access and the danger of possible hackers in a secure offline environment. So if you deposit a cryptocurrency at PrimeXBT, you could let it sit there and earn interest anywhere up to 14% APR depending on what kind of crypto it is. Many exchanges don’t support either order type, or allow traders to use both at the same time. 05% each time you buy or sell on the market. Furthermore, it allows the profitability to be expanded, beyond what would normally be possible in a standard cash account. Therefore, overnight financing is not charged on weekends for markets that are closed during this time. And the apparent advantage of trading the most volatile pairs on the Forex market is high profit potential. ASK quotes are higher than BID quotes by the amount of the Spread. Cryptocurrency trading is buying and selling the underlying coins via an exchange or act of speculating on cryptocurrency price movements via a CFD trading account. I have found the platform’s various chart types, such as trend lines, to be particularly useful for trading in markets like forex. We have completed an Indepth Review of 3commas here. 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. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. Make sure to review our special guide about Account Verification. By utilizing leverage on PrimeXBT, traders can maximize the opportunity for profit, and can bolster BTC holdings considerably. It also provides its members with ebooks, video courses and tutorials, in addition to their signals through their Telegram channel. If you decide to use margin, then you can borrow from your broker. If you choose to simply guess where things are going, you do have the possibility of being profitable occasionally, but the longer term success is highly questionable. Select the green ‘Go to Payment’ button to proceed with the transfer. More than 50 intelligent drawing tools for in depth market analysis, and educational resources on the most popular trading concepts. As easy as clicking a button on your trading platform. Your profits will depend on your patience, trading decisions and the success of your trading strategies. For example, you are unable to execute an x50 BTC futures contract using cross margin. As an established award winning platform, PrimeXBT prioritises the highest safety and security.