How You Can Do Contest on the PrimeXBT Platform In 24 Hours Or Less For Free

The Next 3 Things To Immediately Do About PrimeXBT Trading

👔 LinkedIn: Network and stay connected with PrimeXBT on LinkedIn. The ask is always higher than the bid. “, “If you invest $100 in Ethereum today,” and “What happens if Bitcoin crashes to zero. 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. Additionally, XRP has a finite number of coins, unlike some other cryptocurrencies, where tokens are constantly being created and mined. If you are looking for a platform that will give you some advanced order types, and a few basic algos, Live Trader might be overkill. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading. For those considering PrimeXBT, it’s advisable to consult user generated platforms like Trustpilot for up to date ratings and reviews. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. PrimeXBT’s focus on functionality makes it ideal for traders who require advanced tools and features to implement their strategies.

PrimeXBT tutorial 4: How to add “Stop loss” and “Take profit” orders

Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. You can conveniently sort them according to their total profit. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. The best known blockchain continues to blossom in popularity with crypto casino users. At PrimeXBT, we’re committed to giving you quick access to multiple markets. Although they have the same commission for your direct referral, BitMEX does not offer tiered referral payouts. Navigate to the asset you want to deposit, and you will be shown a screen with your crypto deposit address. Step 3: You will be sent an www primexbt com email with a pin number. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U.

Responsive support and this is what I…

Open the downloaded file and tap Install to complete the installation. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 3 billion fine for failing to comply with AML regulations. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If the app is unavailable in your region, you can still access it through direct download from our site. Information regarding past performance is not a reliable indicator of future performance. Click Download and confirm the file download if you see a warning. We use dedicated people and clever technology to safeguard our platform. The company aims to become a global leader in online trading for various financial markets, including cryptocurrencies and commodities. The results are shown in the table below. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. It involves several steps, including creating an account, submitting identification documents, and verifying the provided information. Do not stray conversation far from the post you’re commenting in. Next, we will delve into the details of the countries where PrimeXBT is supported. In the period of 2017 2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. I closes the position and take the profit. Do you crave tech fueled guidance and social validation. Compensation Fund per user. We’re here to help you. It is not something that you have to do, just something that you are able to do should you choose to.

Summary

Gotta give credit where it is due, the Bybit team seriously stepped it up. This transparency helps you choose a trader you’re confident in copying. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. Since there is a lot of money floating around in cryptocurrency markets, organized crime soon follows. Limitless in market cap, development perspective, possible solutions, and so much more. 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. PrimeXBT is one of the rare brokers with two margin call thresholds 16. Prime Technology Ltd is PrimeXBT’s Technology Provider. Depending on the platform you are using, you will find all the details you need to know about short selling. Click Download and confirm the file download if you see a warning. With 0% fees and instant transfers, Advcash seems to be the best option for Bybit FIAT deposits. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. Its progression mirrors the unpredictable and dynamic nature of the crypto world. Maybe some of them will be new for you and you can use it in practice. Covesting is an innovative copy trading platform that pursuant to a white label licensing agreement, brings together PrimeXBT and Europe based fintech software developer, Covesting, which helps connect traders with followers, enabling them to profit from one another synergistically. PrimeXBT offers different account levels, each providing a range of benefits and features to cater to various trading needs. Jito Staked SOL JITOSOL. Collaborations with real world use cases may strengthen Cardano’s reputation and raise the likelihood of broad adoption. What are fees on forexchief. Swap rates on leveraged overnight positions are the most ignored trading costs. Below are the discounts that you can earn based on the 30 day rolling trading volume. $20,000 or equivalent for unverified users. We recently revealed the first ever sneak peek of the Covesting module, which allows investors to easily profit by mimicking the trades of more experienced traders. Best regards,The PrimeXBT Team. The file is verified secure by PrimeXBT. Polityka prywatności. For USDT, USDC and COV the withdrawal fees vary depending on the network used. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation.

Does PrimeXBT offer a demo account?

Just sucks for those people that lost the profits they made or had their account frozen. Do not incite or encourage illegal activities such as promoting leaks, buying/selling drugs, tax evasion, gambling, pyramid schemes. Note that in the terms and conditions, it is clearly stated that the company does reserve the right at any time to conduct a verification of a client’s identity or source of funds. ByBit Offer: Get upto $30,000 Bonus on your First Deposit using this link to sign up. Receive the latest news and stay informed. With Copy Trading for beginners and advanced margin trading tools for the experts, there’s something for everyone. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. The Crypto market is heating up again, fueled by growing demand for Bitcoin and the anticipated approval of Ethereum ETFs. Visit our Help Centre. As mentioned, you can also trade forex, commodities, and stock indices. Coinbase, a leading cryptocurrency exchange, has a tiered fee system. Backtesting means that you are looking through historical data to see how your system would have performed. The broker does not charge dormant accounts with an inactivity fee. You then multiply 60 points by two CFDs to get a profit of $1200. These products are not suitable for all investors. PrimeXBT also says it offers the renowned MetaTrader 5 platform, which is available via PXBT – a partner company of PrimeXBT. If you have any questions about our spreads, trading conditions, or need further clarification on how we manage liquidity, please don’t hesitate to contact us at. A breakdown of current financing rates is available in the fees section of the website. The supply of trillions of dollars has caused investors to flock to Bitcoin, which has a hard capped supply of 21 million BTC. The platform’s trading fee of 0. To sum up, while Bybit is the more secure exchange, both platforms follow responsible crypto management and cybersecurity protocols, with Bybit now joining the ranks of hyper secure exchanges like Kraken or SwissBorg. While Cardano has shown a lot of promise and even has been used in various scenarios, Cardano is notoriously slow to develop. Unlike Binance or Bybit, you can’t filter by category, but given the limited number of markets, this isn’t a major issue. “Dip buying” is a popular strategy, where a trader accumulates when the market prices are low. In simple terms, you may wish to buy $100 worth of an asset but only have $10. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. By staying informed, traders can anticipate market movements and adjust their short selling strategies accordingly. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns.

Is prime xbt legit?

Lending and Borrowing: Risks associated with lending and borrowing include counterparty risk, weaknesses in smart contracts, potential borrower default or insolvency, and market volatility affecting collateral prices. Information regarding past performance is not a reliable indicator of future performance. It’s critical to remember that market dynamics, investor mood, and overall adoption within the cryptocurrency ecosystem all have an impact on Cardano’s value in addition to real world uses. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. Remember to verify the validity and terms of each promo code to fully benefit from our offerings. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Date of experience: August 24, 2024. Securely store all the Crypto you buy in your PrimeXBT Wallet. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm. Links to third party sites are not under the control of Bitcompare, and we are not responsible for the reliability or accuracy of such sites or their contents. We also value your suggestion about adding a general bright color scheme to make customization easier. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Similarly, a position of $100 would require only $0. Short positions with allows you to profit from a Cryptocurrency’s price decline. The most basic form of risk management is done by placing a stop loss order to protect against extreme losses. But support should try and hasten up their response time. Diversify your trading with access to CFDs on Forex, Indices, Commodities and Crypto, all from a single account. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. With traditional trading, you’d purchase what your budget allows. Bonuses are awarded to new clients who verify their accounts and deposit $500 or more within 48 hours after registration. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. It has gained popularity for its crypto margin trading capabilities. Deposit Insurance: PrimeXBT does not offer any insurance coverage on client deposits. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. Ripple XRP Price Prediction 2024 – 2025: Buying XRP Before $1, Is It Worth The Risk. Trade your preferred instruments across Cryptocurrencies, Forex, Indices, Commodities and Stocks. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. While PrimeXBT impresses with its wide selection of crypto CFDs and crypto futures, its overall instruments offering has a rather narrow scope.

Mobile App

It is mandatory to perform KYC on the exchange. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. In terms of fees, PrimeXBT has transparent and competitive trading fees, with discounts available for high volume traders. As with even the safest investments there is a certain risk involved. I found PrimeXBT’s trading accounts quite affordable, given that they have no actual deposit requirement $10 is the lowest possible deposit. Its primary purpose is to protect traders from excessive losses in volatile markets. When it comes to tax reporting for your PrimeXBT account, it’s essential to stay organized and informed. US users have access to more than 70 coins, which far outpaces PrimeXBT. Copy trading is a great tool for a lot of users with any level of experience. We value your participation and are committed to making things right. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. This company responds to reviews on average within 11 days. Higher leverage can help increase profitability, but can involve more risk, and needs to be managed. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. You should be aware that there are multiple types of trading strategies out there. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. Copyright © 2025 EA Trading Academy. This makes it a good choice for traders who want to diversify. Our website uses cookies. If the app is unavailable in your region, you can still access it through direct download from our site. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U. Additionally, traders can use a range of cryptocurrencies for deposits and withdrawals and as their account’s base currency. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. CFDs are leveraged instruments where traders use borrowed capital to increase their market exposure and inflate the size of their positions. Anyone can view, post, and comment to this community.

CoinCodeCap

Bybit has a great selection of over 400 crypto assets and almost 600 trading markets, which is quite impressive, it is no wonder that Bybit has become an oasis for crypto trading. Diversification protects you from Crypto specific volatility. Bitcoin is one of the greatest investments of all time in terms of total ROI in such a short timeframe. To make a deposit, simply send your coins to the BTC address linked to your account. Direct bank account withdrawals are not typically supported on PrimeXBT as it is primarily a crypto based platform. Comments: Using Prime XBT has saved me from high fees when exchanging and withdrawing coins on the platform. Having said that, it is crucial to respect the potential damage that can come with larger position sizing. Trading involves risk. Date of experience: October 25, 2024. With support for multiple cryptocurrencies and instant fiat deposit options, PrimeXBT ensures that traders can quickly and easily fund their accounts to start trading without delay. After all, it is one of the top 10 currencies in the world, and it does make a certain amount of sense that we would see Cardano take off during the next Crypto bull market. PrimeXBT has never suffered a hack or security breach during its operational history. Opening a trading account typically requires some personal information, such as a full name, email address, personal address, and much more. PrimeXBT’s tiered account structure ensures that traders of all levels have access to the tools and resources they need to succeed. This feature allows customers to automatically copy and execute the trades of leading traders who use the platform. Margin and leverage are not the same things despite often being confused, especially within the cryptocurrency community. All opinions and reviews on the Cryptolinks website remain my own. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. For example, if you have a $200 bonus active, activating another promo will cancel the previous one. Learn more about Baksta’s Legal Terms. Cryptocurrency brokers and exchanges must issue a 1099 form to their clients for the current tax year, which helps track these transactions. Traders can insert or remove widgets, resize and move panels around, change chart appearance, colours, grids and spacing, and basically rework everything in a manner that suits them.

Step 3: Withdrawal and Review

Therefore,the broker will be a good choice for professional traders. However, predicting the future price of Ethereum is challenging, as multiple internal and external factors come into play. PrimeXBT, unlike many other brokers, doesn’t require users to divulge confidential data that allows identifying the client’s identity. Though if you know your way around a trading chart and have some experience, you won’t find any glaring issues with either PrimeXBT or Bybit in terms of user friendliness. Other cons include the lack of regulatory clarity and an association with crime. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. With low fees, high leverage options, advanced trading tools, and excellent customer support, it’s no wonder that traders worldwide choose PrimeXBT as their preferred trading platform. When you trade commodities, you have a whole host of potential raw materials that you can be speculating on. Trading on PrimeXBT offers several benefits, including access to a wide range of trading instruments, high liquidity, advanced trading features, secure trading environment, and competitive fees. Finally, PrimeXBT also runs a pretty unique medium blog. Labeled Verified, they’re about genuine experiences. For instance, BTC withdrawals are pegged at a static 0. Are they actively engaging with those users, through things like promotions, giveaways, quizzes, and all the things that make social media attractive and fun. This includes all the central support services provided from Norbrook to each of its portfolio companies – Finance, Accounting, HR, Logistics and Administration. You can then buy, sell, and trade cryptos without giving any personal details or documents. Advcash account email address used to make a deposit will be preselected automatically. Members include Microsoft, Intel, J. There is always a certain amount of risk when trading anything, but most of the concerns that traders will face are handled discreetly behind the scenes by our staff. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. Vincent and the Grenadines, Canada, Cuba, Algeria, Ecuador, Iran, Syria, North Korea, Sudan, United States Minor Outlying Islands, American Samoa, and the Russian Federation. These include things such as the colours, grids and spacing. Comments: One thing that I really appreciate about PrimeXBT is that it is not simply a run of the mill crypto exchange, but rather a highly advanced trading platform offering a wide range of assets from various markets. Whether you’re in the US or elsewhere, it’s important to know if you can use PrimeXBT without any legal hiccups. There is no maker and taker commission here, but there is a swap commission, i. As PrimeXBT does not support holding LTC tokens, I used USDT to test this withdrawal. Yes, one way to avoid overnight financing fees is to close positions before the end of the trading day. There are more than 10,000 cryptocurrencies currently. Margin interest is part of borrowing money from your broker. It depends on your individual risk tolerance and experience level. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities.

Key Features:

This is because the platform provides technical solutions for buying and selling currencies, and liquidity is provided from partners. Bitcoin is on the cusp of widespread institutional adoption, and altcoins. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Technical analysis is recommended when opening new positions, but it can also come in handy in enabling a trader to decide how they will react during certain price movements. Indexes: SP500, GER30, Nasdaq, AUS200, Dowj, Eur50, France, Hong Kong 50, Japan, Spain, UK100. Some offer unique assets, features, or tools that help to set them apart from the rest of the competition. Besides my profit, the exchange charged an extra £29 in fees. Most currencies were allowed to freely float against each other after this move, and such fundamental factors as supply and demand came into play. Information regarding past performance is not a reliable indicator of future performance. Dear Quang,It’s great to hear that you’re taking advantage of the stable Bitcoin prices to trade with leverage on PrimeXBT. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. If you speculate with 1 bitcoin that XRP price will surge against BTC in 24 hours and it does increase by 10%, you’d make a profit of 0. As of the provided information, the following countries are banned from using PrimeXBT’s services. Fees which traders should take into consideration are. Unlike some exchanges, PrimeXBT does not request Proof of Income/Wealth, making it a more appealing option for users who prefer not to share their personal information. We use cookies to improve your experience on our site. Weekly recap US stocks were mixed during the holiday shortened week, and gains on Friday helped indices finish off the worst. It is ideal to choose a platform that offers not only Cryptocurrencies, but exposure to traditional markets such as stock indices, commodities, forex, and much more. CFDs on PrimeXBT range from Bitcoin and Ethereum to stock indices, forex, commodities, and more. PrimeXBT has taken all the necessary steps to implement impenetrable security. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. These services are governed by the legal terms and conditions of PXBT. Since Bitcoin’s creation in the late 2000s, it has only existed in the post 2008 Financial Crisis era. In this landscape, Chainlink stands as a pivotal player, offering tailored solutions for institutional DeFi adoption and establishing partnerships with major Cryptocurrency involved institutions.

Bernd K

Correlation Trading 🤓️: Given that you can trade crypto as well as these more traditional assets, it means that you can also structure more bespoke and exotic trades and search for correlations between the likes of the Dow Jones vs Bitcoin and compare it to Gold’s performance and more. Like any trading platform, PrimeXBT comes with its set of advantages and disadvantages, each playing a crucial role in a trader’s decision making process. You will head on over to your dashboard section. You can contact their team on and if you have any questions. This is done by lending to a decentralized liquidity pool and staking your assets. Polygon POL ex MATIC has a market capitalization of approximately $2. Alternatives of Jubi and PrimeXBT. As the Crypto market grows, solutions like Polygon will become even more important. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. You can filter potential copy traders by their risk tolerance, past performance, and trading style, building a diverse portfolio of strategies. Users can deposit, withdraw, exchange, and transfer Crypto. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees.

ZamanSaylan

This also multiplies the profits on the wild price swings these assets experience. I also observed the safe and quick process of payments, so it makes clear that this broker can be trusted 🔐💰I`m not talking about trading conditions, it depends on the trader`s perspective🤔. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. We recommend using a unique Email and Password combination that you are not using for other services. Analytical tools and configuration options allow for multi angle examination, but the ease of scaling price action is what truly matters. 🛡️ With a spotless six year security record, PrimeXBT credits its success to rigorous protocols and industry leading standards, never experiencing hacks or compromises. Best regards,The PrimeXBT Team. The reviews seem quite similar for both apps, though it can’t be too bad as the ratings are average 3.

Important Notice

Some traders will adjust the trade along the way, thereby ending up with a different target than when they started the position. As to contracts are worth $20 a point, multiplying by 25 gives you the total loss of $500. Strong institutional demand through ETFs and corporate capital flows have added to the upbeat picture. OPEC stands for the Organization of the Petroleum Exporting Countries, which includes 13 oil producing countries. As a P2P trading site, there are no withdrawal limits, but there are limits to the number of contracts, active offers, and volume allowed for a single trade. In this review, we are comparing thereputation of three platforms that do not have any exposure to FTX, areindependent, and have been proven reliable over the years. Generally, the more payment methods a platform offers, the more convenient and accessible it becomes for a wider range of users. This could be ideal for those who like to trade with technical analysis. Additionally, PrimeXBT offers leveraged trading, allowing users to amplify their potential profits by trading on margin. When a trader that you follow opens a trade, the copy trading platform opens the same trade on your account, automatically. Grab Free Gift On Earn Rewards When You Sign Up. And as a result, Bitcoin projected growth is expected to be substantial and reflect its true value as a global currency. In terms of making money off of this, receiving cryptocurrency allows you to access a number of other methods explained above. Here are our picks for the best crypto social training platforms. Its other noteworthy feature, copy trading, will appeal to most traders. Scan this code to download app. The PrimeXBT trading platform has plenty of tools available to suit traders of most skill levels. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. For the Pros 👨‍💻: You can enable “one click” ordering if time is of the essence with the trade. What Exactly is the Shanghai Upgrade. Regulated by the authorities in Cyprus. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Covesting copy trading lets newcomers tap into the experience of other traders globally, yield accounts enable passive income through staking, and a contests section lets traders use virtual funds to learn to trade in real time. The platform quickly gained traction in the cryptocurrency trading community due to its user friendly interface, competitive fees, and a strong suite of trading tools. Join 1M+ traders who choose PrimeXBT as their go to trading platform. Maybe some of them will be new for you and you can use it in practice. Unlimited for verified users. Now, we will explore other potential fees that might be encountered on PrimeXBT. The most obvious concern is the use of leverage, which is when you borrow money to control a bigger position than you normally would. Remember: don’t invest more than you’re willing to lose and happy trading.

Open free account

The platform provides detailed tutorials, FAQs, and a dedicated support team to assist with any issues or questions that may arise. Cross margin on the other hand, doesn’t limit your position, but requires more monitoring. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. In some cases, the information has been provided to us by third parties. Additional information on how to redeem promotional codes is available via the PrimeXBT Help Center. It offers lower fees compared to other platforms and allows for seamless trading experience. Despite this, the optional KYC feature makes the platform ideal for users who prefer to remain anonymous and avoid sharing personal data with exchanges. It’s the most valuable resource we have. Placing trades on PrimeXBT is simple, with an easy to use order form. I can even customize it which helps me execute trades smoothly. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. Unlike its larger competitors, PrimeXBT does not offer P2P trading. The owning companies are not regulated but according to the information found at the bottom of their website, they are “in the process of undertaking a legal and regulatory analysis of Bitcoin trading with margin”. PrimeXBT has one of the fastest signup processes, allowing users to register using an email address, Google account, or Apple account. The opinions expressed here are the author’s alone. 01% for makers when you provide liquidity with your order. With its FSCA licence and tailored offerings, PrimeXBT upholds a client centric approach and its commitment to fulfil the needs of traders in South Africa and globally by offering them a better way to trade the world’s markets. Users can view a detailed breakdown of fees associated with using the platform. I found the KYC process to be straightforward, with my account being verified instantly. Mobile platforms are available.

Full Name

This platform is universal, as it provides an opportunity to work with assets of different markets. This membership shows our commitment to security and to putting our traders’ needs first. Thank you for choosing PrimeXBT. PrimeXBT offers different account levels, each providing a range of benefits and features to cater to various trading needs. Therefore, managing the number of trades and the size of each trade can be an effective strategy to minimize costs. A financial instrument is different from an asset, acting as a contract to settle the trade at a different price than the entry. Users can earn up to 14% on their crypto deposits for Ethereum, USDT and USDC. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. This is your opportunity to share PrimeXBT’s industry leading trading experience and get rewarded. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. Not only can they be risky for the end user, but poor behavior can cause an exchange itself to struggle in terms of liquidation. The entities above do not offer services to residents of certain jurisdictions including the USA, Canada, Iran, North Korea, Russia, and other Restricted Jurisdictions. 8 for PrimeXBT Futures Pro. This table provides a clear comparison of the features offered by PrimeXBT and BitSeven, helping traders make an informed decision based on their specific trading needs and preferences. Contrary to popular opinion, it has nothing to do with a psychological barrier, as the public sentiment is not based on actual development processes.