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

If you ever have any questions or need assistance, feel free to reach out to. Other essential features include. PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives futures and CFDs. This means, there are many factors that can have a long lasting influence on the price of Bitcoin, such as supply, the integration of the crypto market, or news, to name a few. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. Entering either amount into the fields provided will automatically update the corresponding amount in the opposite currency. Its decentralized and security related consensus method depends on a network of reliable nodes. PrimeXBT’s user friendly interface makes it easy for both novice and experienced traders to get started. If the app is unavailable in your region, you can still access it through direct download from our site. Having analyzed the PrimeXBT website, we came to the conclusion that, unfortunately, there are no special training programs or courses for beginner crypto traders. COV tokens can be picked up directly on PrimeXBT by exchanging BTC, ETH, USDT or USDC for COV or alternatively be purchased on KuCoin or swapped on Uniswap. 🇯🇵 Japan BoJ Ueda Speaks: Insights from the BoJ Governor on monetary policy and economic outlook. Margin trading is a strategy involving using borrowed funds, also known as “leverage,” to increase your buying power.

PrimeXBT info

Io review for contrast. PrimeXBT offers various withdrawal methods, including. A word of warning for US investors though, in June 2023, CoinEx agreed to stop onboarding new US clients to its platform imminently, following a large settlement and ban from operating in New York. I conducted my testing on 17 December at around 11:58 a. ‍Editorial disclosure: The editorial content on Bitcompare is not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. One of the most attractive features of PrimeXBT is the ability to sign up without KYC or ID verification. These options give traders the flexibility to execute their strategies effectively and manage their risk. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. I find it enjoyable to replicate the tactics of fellow traders and appreciate the versatility of being able to engage in multiple markets. In an environment where security breaches can have devastating consequences, the platform’s commitment to robust protection measures is www.primexbt.com commendable. The app’s robust trading features allow executing complex strategies like building long/short portfolios across diverse asset classes, to properly diversify and reduce risk. They also use Cloudflare’s technology to mitigate the risks of DDoS attacks. For all questions, security issues, product related inquiries, and business proposals, please reach us. According to the statistics, 75 89% of customers lose the funds invested and only 11 25% of traders earn a profit. Categories in Common with KuCoin. PrimeXBT offers perpetual futures markets for 13 markets with 100x leverage available for all assets. 1M+ community members. This is the difference between being a professional trader, and a gambler. I enjoyed the WebTrader’s advanced charting capabilities, which are incorporated from the seamless TradingView. While margin can unlock opportunities for greater profits, it requires careful management of risks, such as amplified losses and the impact of interest rates. Com hosts several sale events throughout the year. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457.

PrimeXBT Background

Bybit utilizes the same Maker/Taker fee model as most crypto exchanges and is towards the low fee end of the spectrum. The first BTC Crypto rally happened very early on when it jumped from a conservative $0. Here is a look at the different membership plans available with COV staking. Bank transfers and cryptocurrency deposits are usually free, but credit/debit cards and third party payment processors may charge a fee. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. 32 to send USDT over the BEP20 network. Deposit $300+ and start trading within 48 hours after registering. Bybit also uses SSL encryption, supports 2FA, and has insurance in place to protect traders in the event of liquidation posed by shortfalls in futures contract settlement. You also need to meet the initial margin requirement, which is 50% of the purchase price. Hackers don’t target users randomly or for no reason. If it is a “day order,” then at the end of the trading session, if the order has not executed, it will be canceled. In the case of a withdrawal, customers will need to head on over to the “withdraw” page where they will provide their personal crypto address and simply send the crypto funds to the address of their choice. Instead, the best protection is simple awareness and prevention. However, you should always use caution because this is a relatively new broker and we cannot vouch for their integrity. Best regards,The PrimeXBT Team.

How do you buy cryptocurrency?

The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. 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 Trading Services, S. They will send out an email to the address that you have provided so that you can verify it. Referral linking is a recurrent issue with new exchanges and ICOs. The other trading strategy is range trading. PrimeXBT’s overnight financing rates are very low, at 0. The Tenere Team strives to provide users with the most accurate and up to date coupon information. Here, we’ll explore some key factors to consider when making this critical decision for your crypto leverage trading strategy. Learn more about Baksta’s Legal Terms. One of its entities is also licensed and regulated as a crypto wallet. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. Gotta give credit where it is due, the Bybit team seriously stepped it up. If you are still unable to find the email, please whitelist. We use dedicated people and clever technology to safeguard our platform. Their Mobile App has a scam to it. PrimeXBT has published over 350 educational articles on its website, which are free to access. I tested both versions and found that they offered a smooth trading experience without any significant compromises. Understanding margin is one of the most complex things for trades, so don’t worry if you didn’t get its specifics at first.

Choose your language

Feel like am going mad trying to figure it out. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. This platform allows me to split margin between each order. For example, using limit orders can be advantageous when you have a specific price target and are not in a hurry to execute the trade. The fiat withdrawal process was straightforward but took a long time. Type below and hit enter. The platform supports a variety of stocks from different industries, providing opportunities for portfolio diversification. What Makes EUR/USD the Most Traded Currency Pair. Returns or profits may be subject to capital gains tax. Not available for US residents. This means that your account ties into their trades and executes the same trades. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Backtesting means that you are looking through historical data to see how your system would have performed. However, if the network is still viable and there are plenty of developers working on it, one would assume that the value of ETH will eventually increase.

Which trading platform is best?

The platform’s adherence to KYC and AML standards where required, along with its commitment to transparency, allows users to trade confidently and securely across multiple markets. Invest by copy trading with Top and curated Traders in Forex, Indices, Commodities, and Stocks. Covesting allows platform users to see and mimic the top traders on the PrimeXBT website. The forecast also suggests that DOGE is likely to maintain a minimum value of $0. PrimeXBT promo codes are often part of promotional campaigns and can be found on the platform’s website, promotional emails, or through affiliate partners. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. Overall, I rank PrimeXBT in the middle of the pack. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Users can also customize the indicators in terms of the time frame and other important inputs. 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. It can be downloaded for both Android and iOS. Our caring managers will tell you how to maximize the returns in your particular case. This is because it is a small market, and it does not take much to move the market in that scenario. If you are a Crypto investor trying to spread your risk profile to diversify, then Cardano makes quite a bit of sense. Hub participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog and connect with the Community;Main make deposits, withdrawals, keep track of your account’s activity and statistics. Akin to an apprentice studying under an experienced craftsman, there is a lot to be learned by studying the trades of a pro. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. When reviewing a broker, we assess if it suits different trading strategies and trader profiles. When selecting copy traders, favour those who have been actively trading on the platform for extensive periods of time. Luckily, PrimeXBT has a long list of assets you can invest in to make returns.

CiscoPantaleon

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. Additionally, you cannot set stop losses and take profits directly from the order form. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. The panel of experts polled by Finder pegged XRP at $3. KYC, or “know your customer” account verification. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. 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. Because of this, you are better off trading Shiba Inu in the CFD market, which is the contract for difference markets. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. One of the things I respect most about Bybit is their continuous efforts to advance and benefit the entire industry with their Bybit educational academy Bybit Learn, which is so high in quality that it rivals the likes of the Binance academy. Best regards,The PrimeXBT Team. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The goal is to ensure that their clients enjoy the highest level of security and privacy. Esta entrada fue escrita porJuan Sanchez. 5 Million in SHIB for AI Token FET Amid Market Shifts. Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.

ZamanSaylan

If there’s anything else we can do to enhance your experience further, please don’t hesitate to reach out to us via live chat or email at. Assets represent the actual cryptocurrency, token, stock, currency, etc. If the position drops $100, the platform then moves $100 from your available capital to your margin capital. Leverage amplifies your profits. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. To help traders get started, PrimeXBT is offering a deposit bonus of up to $2,000 with the promo code PUMP2024, valid until 17 December 2024 TandCs apply. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. By providing high leverage and a broad range of tradable assets, it has made cryptocurrency trading more accessible and appealing to a wider audience. Competitors like Bybit and KuCoin support a wider variety of fiat currencies and payment methods, easing fund transition. Com might not always be available or working. Throughout this article, we’ll explore the mechanics of leverage trading and how it works in the Crypto world. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. I also tested the fiat withdrawal process, using Volet. 34, and a high of $250. 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. If you manage to snag some COV, you will be delighted to find that storing this cryptocurrency is incredibly simple. Alchemy combines the most powerful web3 developer products and tools with resources, community and legendary support. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Best regards,The PrimeXBT Team. Once you press the “buy” or “sell” button, your position is in the market. In April of 2021, a white paper was published as a roadmap for the future of both the Chainlink network and oracle networks at large. Many of the solutions hosted on Ethereum are cryptocurrency market related, including cryptocurrency exchanges, wallets, crypto funded loans and NFT marketplaces. By following these steps meticulously, users can avoid potential issues and enjoy a seamless trading experience on PrimeXBT. PrimeXBT publishes daily market research with trading ideas for beginners, split into three categories: technical analysis, fundamental research, and price prediction research. Verify Your CERTIFICATE. This section will explore the key aspects of PrimeXBT, including its features, benefits, and the types of assets available for trading. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. ” It also contains a connecting layer that allows the transfer of value and data between most blockchains. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries.

Worse

Traders can also insert a referral code, if they have one, for special features and discounts on PrimeXBT. Easy to use trading platform with constant support from professionals customer support manager. This bonus is credited as a reward in the trading account and can be used as additional collateral to open positions. Aside from being able to trade multiple asset classes on a high performance trading engine and interface, being able to compete in trading contests without risking your own capital is an awesome feature which I am sure will only increase the popularity of the platform. Returns or profits may be subject to capital gains tax. The crypto market has grown tremendously, with global market capitalisation reaching a trillion dollar valuation. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. This cautionary tale highlights the critical importance of. To improve trading and assist traders in making wise decisions, PrimeXBT provides a variety of tools and resources. These simulators are ideal for new traders as they allow for a broad range of experimenting with absolutely zero risk. Profit or Loss made in this case is the difference between the price at which you Opened the position bought the assets and the price at which you Closed the position resold the assets. As corporate giants like Nike and Starbucks adopt Polygon’s technology, POL ex MATIC’s long term growth potential appears strong. Introduction to Gold Trading Gold trading is one of the more popular ways to trade commodities online. Your insights are invaluable in helping us improve. Placing trades on PrimeXBT is simple, with an easy to use order form. This is something that you can get in your account management page under the “referral” section. Thanks again for choosing PrimeXBT. The VIP channels offer both of these, thus making a profit for the provider. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

When Professionals Run Into Problems With Exness App for Android, This Is What They Do

This is because the actual login page should have a secure padlock in the browser. PrimeXBT is a legitimate broker founded in 2018 and compliant with five regulatory authorities. Pearce is responsible for all areas of the group and its portfolio companies. Varies on account type. You can open an account and start trading with just your email address. Human help when you need it. Copy trading is available to PrimeXBT customers looking to profit from the know how of seasoned crypto investors. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. Information regarding past performance is not a reliable indicator of future performance. The PrimeXBT app offers traders a seamless and efficient way to engage with financial markets on the go. After reading many of the reviews online and testing out the platform myself, it is evident why this platform has accumulated some awards and has attracted millions of users, there isn’t much fault to be found here. As things stand right now, it has not caught on, but the same can be said for Bitcoin. Given that PrimeXBT does not conduct these unless they have concerns about suspicious activity, it means that it frees up a lot of time for their agents to answer the most pressing questions for the traders. Referral Program: PrimeXBT offers a lucrative referral program. CFDs also allow you to profit when prices are falling by short selling natural gas. But I guess the casinos wins every time. The bonus funds can only be used for trading on the platform and cannot be withdrawn. See more about trading fees. This online Cryptocurrency Exchanges system offers Cryptocurrency Exchanges. Com website are free for you to use. Let’s say you use $1,000 of margin to borrow and sell $5,000 worth of Bitcoin futures using 5x leverage. On the other hand, the broker does not impose any non trading fees. 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. Multiple risks are out there, but the most important one in general is going to be the volatility that crypto generally has. 🌐 Discover all about PrimeXBT, its features, and future updates directly on their official platforms. We’ll dive deeper into the additional tools and resources that PrimeXBT offers to make your trading life easier.

Worse

In essence, if your losses exceed the amount of your initial investment the margin, the exchange will automatically sell your holding to recoup the money they loaned you. This provides users with a fantastic and passive way to potentially earn profit from experienced traders, as well as diversify one’s trading portfolio. The platform provides a variety of free deposit options for both crypto and fiat. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. This gives you an in depth overview of the operational status of the trading engine, deposits/withdrawals and website. Binance is also known for having the lowest trading fees in the industry and as the most liquid exchange. 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. Usually, any interaction with a dApp involves self custodial wallets and various networks, which can be a real headache. Our human support team is here to help 24/7, in your language. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. This table highlights the comprehensive features of the PrimeXBT mobile app, showcasing its ability to support secure and efficient trading on the go. Comments: As a trader for more than twoyears I appreciate the platform ‘s user friendly interface, extensive range of tradable assets, and the availability of leverage for margin trading which is very appealing for me. However, the platform does reserve the right to request details should a transaction be flagged as suspicious. Shortly thereafter, the price starts to fall. The Covesting module, in particular, is often highlighted as a valuable feature that allows users to follow and replicate the trades of successful traders, making it an attractive option for both beginners and experienced traders alike. Once you are on the platform you can deposit in multiple Cryptos, in USD, or EUR. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. Decentralized exchanges and other DeFi protocols generally never require your ID, just your wallet details. Founded in 2018 and headquartered in South Africa, PrimeXBT provides more than 150 CFDs currency pairs, commodities, indices, and cryptocurrencies and crypto futures contracts. Overall, PrimeXBT provides a robust trading environment with flexible options to suit various trading needs. The Cardano future is bright. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. 🌐 In the cryptocurrency market, this entails utilizing algorithms to analyze market data, spot trading opportunities, and execute trades at speeds and frequencies beyond human capability. You should also understand how to pull up a new chart, review the account totals, including your wallet. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking.