What is a Short Squeeze? – Definition, Example, and Strategy

I found out it was impossible. First of all, we need to recognize you as our customer, for this purpose you can contact our support team:. Dear Barak Asad,We’re thrilled to hear that PrimeXBT has been the trading platform you were looking for. Go to Settings > Security and enable Install from Unknown Sources if prompted. Copyright © 2025 EA Trading Academy. Any position closed before 00:00 UTC will not be subject to overnight financing. To claim that bonus, you have to enter the bonus code. The spectrum of assets here is big, there are: fx; commodities; crypto; indices;and some others. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. Having an understanding of Ripple’s background in the last few years is vital to understand if XRP tokens are still a viable investment in 2025 and if you should pursue it. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. In a high volatility environment, knowing the historical returns can help traders manage risk more effectively by adjusting their exposure to the index based on expected performance. The two opposing positions can also be taken simultaneously, allowing traders to hedge against opposing positions and other advanced trading strategies. = dynamically calculated. Cardano was late to the Crypto market compared to many others, but the altcoin Crypto asset is brimming with innovation,. The Covesting DApp sources reputable DeFi platforms that generate yield in a manner that is easy from the user perspective, providing the benefits of DeFi with the clean and simple interface of PrimeXBT. To take advantage of the program, you need to. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Comments: Despite seeing several reviews expressing concerns about high leverage on PrimeXBT, I actually find it to be an advantage as it increases the potential for profits. For this reason, I will not be focusing on the general areas of PrimeXBT, but rather honing in on aspects such as its futures, PrimeXBT copy trading, and other factors such as margin trading. You will earn up to 50% commission on profit share, custom offers, and benefits to your subscribers. 0 and up, Windows PCs with Windows 7 or higher, and Mac computers with macOS 10. Prime Technology Ltd is PrimeXBT’s Technology Provider. The platform supports a single account type that provides access to all available trading instruments and features.

PrimeXBT Covesting Fees

With both long and short trades, profits and losses will be realised once the position is closed. I like the trading environment at PrimeXBT as it delivers a quality niche offering for Forex and cryptocurrency traders. Bybit has done a pretty good job here, offering early access to NFTs from popular creators. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. You can take on the price action of 100 shares, for a fraction of the cost. 01%, while on PrimeXBT, they were consistently over web sitesi 0. The Binance exchange is one of the largest cryptocurrency exchanges in the world with its headquarters in Hong Kong. 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. Bitcoin Whale Places $1 Million Bet That This Ethereum Token Trading At $0. Trade Crypto Futures Contracts incl. Most major altcoins followed suit, making the market decisively bullish. Refunds are processed per the Withdrawal and Refund Policy. Click Download and confirm the file download if you see a warning.

Now You Can Have The PrimeXBT PL Trading Platform Of Your Dreams – Cheaper/Faster Than You Ever Imagined

Discover the Best Online Casino Experience at Casino MCW in Bangladesh. While traders should be mindful of the risks associated with high leverage, PrimeXBT’s comprehensive offerings and positive user feedback make it a compelling choice for those looking to trade across global markets. It also gives them the ability to reach out to customer support right there in Telegram. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. However, if you are more of a longer term trader, you free up time to walk away from the computer and monitor where the position is heading every few hours, or even every few days. Limited Duration and Usage: Most bonuses come with specific conditions, such as time limits or trading volume requirements. PrimeXBT does not accept clients from the jurisdictions listed in the Company’s Restricted Jurisdictions List. A trading bot allows investors to buy and trade cryptocurrency at a predetermined time or when specific conditions have been achieved. Other products and services: 2. Keep reading to learn the benefits of margin trading and the difference between isolated vs cross margin trading and how to use one of these to prevent the liquidation of every single position. To ensure the exclusion of bad actors who have obtained cryptocurrency through illegal or illicit means, or originates from a known wallet associated with an exchange hack, the dark web, etc. Deposit $300+ and start trading within 48 hours after registering. These case studies highlight the strategies and approaches used by top traders to maximize the benefits of PrimeXBT bonuses. In order for this Prime XBT vs Binance US cryptocurrency exchange comparison to help you easily decide which brand is the best, each feature is represented with a score, a grading system or in any other commonly understandable format. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals.

Overnight Financing Fees

This will allow the trader to define specific levels for entries and exits. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. While the term “scam broker” can raise red flags, it’s essential to consider the specifics of PrimeXBT’s operation. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens. The reviews seem quite similar for both apps, though it can’t be too bad as the ratings are average 3. PrimeXBT is always looking to stay competitive. The platform supports a wide range of altcoins, making it a preferred choice for traders looking to explore less mainstream digital assets. I always recommend that traders check them before evaluating the total trading costs. It offers a wide array of assets and secure proprietary wallets, along with customizable interfaces and essential market tools. Leverage amplifies your profits. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. However, DOGE has the possibility of exploding in value, therefore making outsized gains. I really like their transparency as well as their customer support. Bitcoin’s distribution may even be lower than currently know, despite the transparent number of total coins in circulation and to ever exist. In terms of funding an account, there are no fees that are applied to inward payments. This mobile app offers robust functionality, allowing users to trade on the go, monitor markets in real time, and efficiently manage their accounts on both iOS and Android devices​​​​​​​​. Margin trading is quite beneficial, but it is also something that should be looked at with caution. Embark on a collaborative trading journey with PrimeXBT copy trading feature. Acting as the lender, the brokerage then charges an interest rate on the amount of money borrowed. As a broker primarily geared towards crypto trading, PrimeXBT offers rock bottom BTCUSD spreads and high maximum leverage of 1:200 for crypto. No, PrimeXBT does not require KYC verification for basic accounts, allowing for anonymous trading. A trading fee is incurred any time a position is opened or closed as a percentage of the transaction amount as shown below. Brokers by Account Type. Unlike most exchanges today, KYC verification is optional on PrimeXBT. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. In addition, futures have a so called funding rate, which is a fee that a customer pays to keep their open positions every 8 hours.

Supported Countries and Regions

Dear HapiThank you for sharing your feedback. However, it’s important to note that reaching such heights would require significant developments in Ripple’s technology and partnerships, as well as a broader acceptance of cryptocurrencies in the global financial system. Something that most traders are no doubt aware of is the risks of “order slippage”. Always ensure you manage your balance and bonus effectively. For our trading test, we thoroughly evaluated the PrimeXBT platform. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. It’s easy to fall into the trap of trading on very high leverage ratios which can push your trading account over a cliff. Other brokers are DDing like crazy, meanwhile Primexbt is picking up the slack. It stores its client’s funds in cold storage wallets and ensures that the user follows Two Factor Authentication. Save my name, email, and website in this browser for the next time I comment. This is what is known as liquidation. Its strict regulation provides peace of mind, making it ideal for cautious traders looking for steady growth. All across the Cryptocurrency market there is innovation around every corner. XRP price has changed by 3. Carefullyanalyse risk metrics like win rates, drawdowns, and risk scores. Of course, being affordable isn’t the only benefit of trading with primexbt. Advanced trading concepts can be confusing for beginners. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Alternative Payment Methods. We’re truly sorry to hear about your unpleasant experience. A Position can be either Long or Short. Direct bank account withdrawals are not typically supported on PrimeXBT as it is primarily a crypto based platform.

What Sets PrimeXBT Apart?

By signing up, I accept TandC and Privacy Policy. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. In this scenario, a 10% price increase would yield a $500 profit. Today 8 January 2025 Stellar Lumens XLM/USD is trading at $0. 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. As a global platform, it is important to understand the countries where PrimeXBT is supported and those where it is restricted. PrimeXBT offers one account type to all traders, ensuring equal treatment among its traders. Always check the website for the latest promotions and terms and conditions.

Risk warning

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. PrimeXBT PTY LTD previously named Stack Advisory PTY LTD is an authorized financial services provider in South Africa with license number 45697. 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. You can also click PrimeXBT App iOS or PrimeXBT App Android to open PrimeXBT App. Monitoring is something that will be different for everyone. Best regards,The PrimeXBT Team. Software Common with PrimeXBT and KuCoin. Third party providers Volet and Perfect Money are also available but add an extra step compared to direct bank transactions. Bybit offers one type of main account for traders that provides access to all the features and functions of the platform. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD.

Restricted Jurisdictions

In case you are concerned about using the trading platform, our experts found that all of the options available were convenient and self explanatory for interested customers. 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. The bid ask spread fluctuates based on liquidity, order book activity, and order sizing. Ripple XRP, a cryptocurrency designed for fast and efficient cross border transactions, has been the subject of much speculation regarding its future price. So, should you use mobile trading. The platform offers a very limited range of crypto futures markets and conditional orders. Active users across the world. Join the Questrade Affiliate Program and earn $70 for every referred customer in the finance and insurance industry. It was introduced by Standard and Poor’s in 1957 as a large cap index to track the value of 500 large corporations listed on the New York Stock Exchange NYSE and the NASDAQ Composite. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. The withdrawal fees on PrimeXBT are set at 0. In 2026, Ripple’s XRP is expected to exhibit a range of price projections. Our CryptocurrencyExpert. By adhering to these limits, traders can avoid potential delays and optimize their trading strategies. Growing to over 870,000 Youtube subscribers, the content has been shared around the world, played in public conferences and universities, and even in Congress. Head to the “withdraw” page and provide your Bitcoin wallet address. This method effectively measures the capability of customer support to assist both active traders and casual investors. Access the Rewards Center on the Web by clicking on the gift box on the top right corner of the page, near the deposit button. Crypto Futures example. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. Almost got hit hard here. When you are trading Forex, you will need to choose a currency pair to focus on. PrimeXBT has partnered with a licensed DLT services provider Covesting to offer its users services such as Covesting Copy trading and yield accounts. Additionally, while PrimeXBT excels in copy trading, it lacks bot and social trading features, which might be a downside for some users. Hello Roze,Thank you for your wonderful feedback. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. The exchange has deep liquidity and near instant trade execution.

Want Streaming Chart Updates?

We always provide our clients with the latest and greatest in trading tech. Claim your $600 Welcome Voucher for completing simple tasks on Binance. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. Investing in cryptocurrencies comes with significant risk. Let’s break down the concept of leverage. Get access to a wide range of trading, investing, and Crypto services from a single app. With a larger screen, you get a more expansive view of charts, market data, and trading tools, making it easier to manage your investments with precision. PrimeXBT operates as a Straight Through Processing STP broker without a dealing desk. The reason for this is simple: your free margin depends on the unrealized profits and losses of your open crypto trades. It is the most wonderful time of year – a time for giving and spreading Christmas cheer. You are making a trade based on future price movements. 2 Find a Coming Catalyst. However, as we all know, the 2017 2018 bull market did not last. Therefore, managing the number of trades and the size of each trade can be an effective strategy to minimize costs. This bounce is not uncommon during bearish trends, where brief upward movements or sideways price action occur as the market resets. Клубника казино зеркало – играйте онлайн в России. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Despite the number of «opponents» we’ve hurled at it, ranging from big names such as Coinbase, Binance, and Kraken, to smaller ones like Bitget and Bybit, it has, in each round, managed to stand its own ground. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. The idea is that you only exit when you are proven incorrect. It is also significantly more valuable already than Bitcoin, making it the most expensive crypto token in the entire market, just months after its debut. Most online brokers try to provide options to customers in terms of accounts and our PrimeXBT review found that their service is no different. The platform’s official YouTube channel provides educational resources, tutorials on trading, and updates on the latest platform developments. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. They will send out an email to the address that you have provided so that you can verify it. PrimeXBT places a strong emphasis on providing excellent customer service to ensure a smooth and satisfying user experience. My deposit was credited after 20 network confirmations, which took a few minutes. The responses were fairly detailed but lacked accuracy in addressing all queries. They are available from any browser, which makes trading comfortable.

5 0

Trading can indeed be a challenging journey, but it’s awesome to see you embracing it with such enthusiasm. For the short term future, it could reach $0. Past performance is not a reliable indicator of future results. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. To start trading, clients will need to deposit and this can be done using only Bitcoin minimum 0. These processing times are unreasonably long, especially compared to competitors like Binance, Bybit, and KuCoin, all of which offer SEPA Instant withdrawals that process in less than a minute. That’s why we offer some of the lowest fees on the market. Leveraged ETFs are exchange traded funds that use leverage to magnify daily returns. Competitors are innovating with distinct features, emphasising community governance, transparent data feeds, and unique consensus mechanisms. This method effectively measures the capability of customer support to assist both active traders and casual investors. Cardano can expand its utility and draw more users, thereby improving its value over time, by actively pursuing partnerships and collaborations with industry leaders and concentrating on real world use cases. PrimeXBT follows KYC and AML rules for a safe and legal trading place. With PrimeXBT Copy Trading, just follow experts and copy their trades to start your trading journey. We introduce people to the world of trading currencies, both fiat and crypto, through our non drowsy educational content and tools. Volet deposits are free, while Perfect Money charges a 1. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. I mean I regularly check certain materials to make sure that there are no turmoil in the market, and it really helps me to manage open positions effectively. However, many platforms also allow for users to directly connect a local bank account for larger purchases, bank wires, and more. However, it is active on most social media platforms, such as Twitter X, LinkedIn, and Telegram, posting regular platform updates and educational content from its PrimeXBT Academy account. The three, in particular, were selected due to the wide range of products and services available to investors and traders. This guide will help answer important questions like «will Dogecoin ever be worth anything. Prime XBT Introduction. This will allow the trader to define specific levels for entries and exits. Bybit has seriously ramped up its security framework in recent months, leading to independent security firm Certified listing them as a top ten most secure exchange, giving them a Triple A security rating. I found out it was impossible. The most recent encryption technology is used by PrimeXBT to guarantee the security of every transaction. Past Performance and Materials: Past performance is not a reliable indicator of future results. 10 making it a stagnant year for Cardano.

CiscoPantaleon

Learn more in our best crypto wallets guide and best decentralized exchanges guide. Alternative Payment Methods. FAQ Get answers to popular questions about the platform and trading conditions. When trading on leverage, traders can potentially enhance their returns by a certain factor. Considering the most recent regulatory developments, we have decided to make a clear statement regarding how we approach marketing and promoting our services. 0017 resistance, it could increase by 25%. Lately, I hear more often that someone is trading on this platform or opened trading account. 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. 01%, while on PrimeXBT, they were consistently over 0. While not extensively tech savvy, I’ve immersed myself in Bitcoin through dedicated study, persistent questioning, hands on experience with ecommerce and marketing ventures, and my stint as a journalist. If you encounter issues during the reset process, troubleshoot common problems such as accessing settings, backup failures, restoring settings, platform performance, and data integrity. PrimeXBT is a well established CFD exchange that has become a popular platform for all types of traders as it gives clients the ability to trade a number of assets including crypto, stocks, forex, commodities, indices and more as contracts for difference. Some products and/or services might not be covered by the Compensation Fund. Most platforms require you to undergo a KYC Know Your Customer process, which includes submitting documents like a government issued ID and proof of address. PrimeXBT Contests provide an exciting opportunity for traders to participate in risk free trading competitions using virtual funds. Opening a trading account typically requires some personal information, such as a full name, email address, personal address, and much more. Celebrate Carnival season with PrimeXBT Carnival season brings excitement and celebration to Latin America and worldwide. Traders can boost their account with a 35% extra Bitcoin when depositing 0. PrimeXBT only offers one account type that includes all of the broker’s services. The world of Crypto leverage trading presents a captivating yet complex landscape for traders. The rally was so brutal that some major brokers had to hold buying the stock for fear of a more significant financial issue. To minimize forex trading fees on PrimeXBT, consider using limit orders to take advantage of lower maker fees, monitor and choose currency pairs with narrower spreads, and plan your trades to avoid holding positions overnight if possible. PrimeXBT’s infrastructure is also designed to handle a high volume of orders per second and extreme loads. Regularly review and adjust your portfolio based on market conditions and your investment objectives.

Promotion:

Our website uses cookies. Despite this, it shows a slight monthly loss of 5. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. PrimeXBT has specific withdrawal limits that users must adhere to. The required margin can be as low as 1% for a 100:1 leverage ratio. It is not targeted at the general public of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful or contravene regulatory requirements. JSE Top 40JSE All ShareJSE Top 100Industrial IndexIndustrial 25 IndexFinancial IndexFinancial 15Resource 10 Index. Com to continue to provide our services to you for free. The cryptocurrency gained additional traction due to Elon Musk’s frequent tweets and endorsements. To trade with margin, users must fund their margin account after making a deposit to begin trading. LinkedIn and 3rd parties use essential and non essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads including professional and job ads on and off LinkedIn. Last updated: Wed, 08 Jan 2025 09:34:37 UTC. PrimeXBT does not offer any information about Proof of Reserves PoR for customer deposits. It ensures longevity, safety, security and avoids future government scrutiny. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. 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. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. By following these steps, you can take advantage of PrimeXBT bonuses, helping you to trade with more capital or at lower costs. Companies can ask for reviews via automatic invitations. This feature, part of its Covesting module, allows users to replicate the trades of top traders, thereby gaining access to a range of traditional financial instruments, like other crypto exchanges, FX, and commodities. So, even in times of bad news, there is money to be made, but only if you know exactly what you are doing and how to read the market. Our 24/7 support team here to help. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Investing in cryptocurrencies like Bitcoin, Ethereum, and EOS can be confusing for those new to the emerging asset class and. At PrimeXBT, we accept Bitcoin deposits. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email.

Creatives

Information regarding past performance is not a reliable indicator of future performance. In order to make any movements from the cold wallet to the hot wallet, they make use of multi signature access that needs to be executed by multiple employees. Just click the ‘Deposit’ button under ‘Total Funds’ on the Accounts dashboard, or on any of the other ‘Deposit’ buttons across the platform. It is worth noting that Perfect Money charges the 1. This means that POL ex MATIC token holders can vote on protocol upgrades, changes to the ecosystem, and key governance decisions. In summary, PrimeXBT’s history is characterized by rapid growth, continuous innovation, and a steadfast commitment to providing a secure and comprehensive trading experience. Let’s dig into that next. Picture a trader that believes Bitcoin’s price is poised for a surge. Both platforms offer robust options, but their asset selections cater to different trader preferences. We appreciate your perspective and understand that everyone’s experience can vary. Given the ever increasing news of cryptocurrency exchange hacks, one of the most important considerations for the trader is security. I started writing things for me and for people like me. Contracts for difference CFDs are derivatives that speculate on the underlying asset’s price without physical ownership.