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10 Essential Strategies To PrimeXBT PT

By May 13, 2024No Comments


With PrimeXBT’s long and short positions, direction matters little compared to overall volatility, making the rollercoaster ride of Chainlink a potentially profitable play. Please note that PrimeXBT reserves the right to initiate KYC verification procedure in certain situations. Note ✍️: Be sure to read the TandCs that apply to this as well as what is acceptable promotion and what is outlawed. Usually, the crypto market will be hyped when the price of Bitcoin reaches certain levels, which fuels demand and causes price gains. Join millions of users, from beginners to professionals, who use PrimeXBT to purchase crypto, trade, and manage their investments in a smarter way. ASK quotes are higher than BID quotes by the amount of the Spread. Copy trading is also great for the “armchair” trader and anyone who is just looking to make some passive income. Claim Exclusive Bonus with PrimeXBT. Direct referrals 20% payout rate from paid commissions. In terms of other security protocols that they have in place, they also make use of Cloudflare’s technology in order to mitigate the risks that are posed by Distributed Denial of Service Attacks DDoS. For crypto investors who value their privacy or simply want to trade without the hassle, no KYC crypto exchanges are the perfect solution. Visit the fees section at PrimeXBT to confirm the exact fees on the day. Trading Bitcoin is a little bit more complex than just clicking the “buy” and “sell” buttons and below you will learn to trade cryptocurrency successfully. Each trader is responsible for maintaining sufficient margin levels to avoid position liquidation. 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. Bonus is added to your account’s Equity and thus can be used as additional collateral to open positions;7. In the high stakes world of crypto futures trading, such measures can be the difference between success and devastating financial consequences. Do trade fees, overnight financing charges and settled PandL affect the bonus. Hope all your problems will be solved. For instance, implementing a weak security authentication system that allows employees to use weak passwords poses a threat. PrimeXBT is a cryptocurrency exchange that offers leveraged trading for several digital assets, including Bitcoin, Ethereum, and Litecoin, among others. “While the spread can be high at times, PrimeXBT’s customer support team was able to provide me with valuable insights on how to optimize my trading strategy and minimize costs. Returns or profits may be subject to capital gains tax. This means that on Bybit, you’ll actually get paid for using limit orders as a market maker. AWS has a proven track record of industry leading digital and physical security. As with all exchanges, it’s advisable to withdraw most funds off the platform into private wallets under your control to mitigate security and regulatory risks. Traders can deploy complex strategies, deposit/withdraw funds, copy top Crypto portfolio managers, monitor Global Market pricing, and manage existing positions anywhere in the world 24/7. Fills: reflects detailed information about filled orders;. Leveraged trading allows the trader to take control of a larger position than would normally be possible by borrowing from their broker.

PrimeXBT PT Strategies For Beginners

PrimeXBT review 2024

For publishers looking forward to earning extra income, this program could be a lucrative opportunity. However, with mirror trading all emotion is taken out of the equation and laid at the hands of a more experienced and successful trader who is probably more adept at sticking to their strategy and mastering their emotions. Overnight Financing in Crypto Futures platform unlike regular margin trading accounts is charged 3 times a day, i. Learn about our editorial policies. 05% is much lower than many comparable CFD brokers which is a massive benefit for traders who use PrimeXBT. Trading bots also lack the opportunity for you to use margin trading, and they cannot have an instinct for a trade that a human can have. Vincent and the Grenadines, Canada, Cuba, Algeria, Ecuador, Iran, Syria, North Korea, Sudan, United States Minor Outlying Islands, American Samoa, and the Russian Federation. 3️⃣ Accept the TandCs and click ‘Continue’ to proceed with the order. Invite 3 friends and earn;.

100 Ways PrimeXBT PT Can Make You Invincible

Customer service 24/7 support discovered in our PrimeXBT review

Long selling is buying low and re selling high. The Primexbt affiliate program is designed for customers to allow them to establish new income streams on the platform by promoting the Primexbt platform. When you trade on margin, you are using borrowed money from the broker, using the cash or other securities in your portfolio as collateral. This of course depends on a variety of factors, such as circulating supply, trading volume, if Crypto is in a bear market or bull market, etc. TIP: Check out Coin Bureau’s PrimeXBT vs OKX Analysis. Additionally, BTC public mainstream exposure was springboarded by the ETFs ‘hype’ after many of the asset management companies announced the unbelievable amounts of Bitcoin assets under management. If I have one criticism of this very rounded platform it would be in their fee structure. Polkadot is currently unlikely to reach $500. Margin accounts enable leveraged trading. Bitcoin miners are impacted by this event, which can favor price appreciation due to the sudden imbalance of finite supply and. All candles have closed below. Slippage is the difference between the expected price, and the actual execution price of a market order. The most popular way to make money by investing in cryptocurrency is to of course get your hands on Bitcoin or any other such cryptocurrency. BNB Smart Chain network BSC for BEP 20 tokens. Like my stocks and crypto, I stick to the blue chips like Binance and Kraken. This amount can’t be withdrawn but can be used for trading. For high volume traders, PrimeXBT offers one click trading as an option. PrimeXBT offers traders a 1:100 leverage for trading cryptocurrencies and a 1:1000 leverage for trading Forex, Indices, and Commodities. Instead, you just have to choose from a list of strategies to follow, allocate capital to each strategy and stop tracking at any time to withdraw your profits. RELATED: Check out The Ascent’s CEX. Trading on margin, also known as leveraged trading, involves borrowed money that is used to trade a financial instrument, such as a cryptocurrency. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you please find the list of such partners here. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. Imagine a world where blockchain transactions happen instantly and without breaking the bank. Returns or profits may be subject to capital gains tax.

7 Easy Ways To Make PrimeXBT PT Faster

What is Margin trading?

PrimeXBT has access to over 12 liquidity providers and has an average daily trading volume of around 1 billion at the time of writing and is used by a few million users located around the world. It is extremely simple to navigate, place orders, watch markets, and trade. The PrimeXBT trading platform is tailored for both experienced users as well as beginners and provides a clutter free experience despite its many advanced features. If you are trend trading – i. The future of XLM is highly leveraged to not only adoption, but also the overall crypto markets. The Bitcoin ETFs were only the beginning. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. Opening a crypto exchange account is similar to signing up for an online brokerage — you’ll need to provide personal and financial information. Statistics sub section shows general and total statistics of each asset traded on the trading account. That’s the promise of ZK rollups, a groundbreaking. So if you’re considering using PrimeXBT for your next trade, read on for everything you need to know. KHAIRUNAIM HASSAN Says. This makes a Polkadot price prediction challenging but not impossible. But in crypto history, no one has been seen. PrimeXBT strives to provide the highest level of security to its platform users. PrimeXBT leverages Cloudflare’s technology to protect against DDoS attacks and the security team routinely runs tests and updates to ensure the security of the platform. PrimeXBT has a transparent fee structure, only charging for each trade and holding a position open overnight. They provide a risk free environment, where traders can test out their strategies and learn how the markets work. Choosing one over the other is not an easy thing to do as they appear quite similar at first and both provide lots of features to the traders. This means that traders can use the platform without undergoing identity verification processes. This fee is relatively standard in the industry, covering the transaction costs on the blockchain. Prime Technology Ltd is PrimeXBT’s Technology Provider. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Overall, PrimeXBT only charges two types of fees – the trade fee, charged for entering the position, and the overnight fee, which is for financing the position. For a Limit and Take Profit buy order, the best Ask quote offered by a liquidity provider becomes equal or lower than the order’s limit price. With Perpetual Contracts: Daily fluctuating funding interest rates for leveraged positions.

Thinking About PrimeXBT PT? 10 Reasons Why It's Time To Stop!

Rating: 85%

Therefore the question of whether trading bots work is a multi faceted one in which the problem answer is that they work, but not necessarily for everybody. Call Options confer right to buy underlying asset at predefined “strike” prices by the Option expiration date. As far as the level of customer service or the variety of assets that can be traded go, PrimeXBT distinguishes itself from the competition. Cardano’s utility and value could be increased by working with governments or electoral authority to create blockchain based voting systems. In this PrimeXBT Crypto Futures review, I’ve covered a range of important factors. These blockchain and cryptocurrency based protocols allow much more futuristic or financial focused technologies, such as lending and borrowing, as well as virtual reality worlds with digital real estate and individual token economies. Yes, there are 2 different fees that can be incurred when trading Trade fee and Overnight financing. Further in this article, we will take a closer look at each exchange individually, but first, we will give you an overview of our findings by comparing PrimeXBT versus Bybit. At the start of 2023, BTC/USD fell below $17,000 before rallying an impressive 150% across 2023 and extending that rally in 2024 to its current level of $52,000. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. While cheers have returned to the market with Crypto prices rebounding off the huge drawdown from $73,000, seasonal factors suggest that we may need to plough more cautiously as we head into the traditionally duller Q2 from next week onwards. Returns or profits may be subject to capital gains tax. Alternative deposit methods are available via third party services, allowing you to buy crypto using your bank card, however, fees may apply. To trade future on PrimeXBT you’ll first need to fund your account so that you can provide the required margin for your futures contract. You place your trade above or below the current price and then wait for it to get triggered. Reply from PrimeXBT Copy Trading. After the protection orders have been attached, they will be reflected in the Positions sub section under the ‘SL/TP’ column accordingly. I like how everything is settled in Bitcoin as well. You’ll learn more about the fee structure further down in this PrimeXBT tutorial. In the high stakes world of crypto futures trading, such measures can be the difference between success and devastating financial consequences. For more information, please click here. 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. Furthermore, FED chair Powell will be speaking at a monetary policy conference in San Francisco late Friday morning. Org meets these criteria. They have no business sense and do not relate to the masses.

Advanced PrimeXBT PT

How to withdraw from PrimeXBT?

Similar to gold and silver, buying both can be a good idea since they both offer value. Make sure you understand the difference between Spot and CFD trading before getting started. When we reached out, both Garret and Anthony below were free, and they got back to us almost immediately. As you can see, we only have to post a 0. Choose one of the following products that suits your needs. As such, there’s no mandatory KYC for SimpleSwap users, making it an easy option for buying and selling crypto without needing to provide your personal information in the process. This can only be used as additional collateral for margin trading on the PrimeXBT platform. The minimum withdrawal limit is 150 EUR, and the maximum stands at 10,000 EUR. Welcome to our honest PrimeXBT review. This is achieved by borrowing funds. And because everyone’s needs are different, in the end, only you can decide what is right for you. Traders can purchase crypto directly on the platform via card or convenient bank transfer, and the fact that traders can also access non crypto markets is a huge benefit that attracts traders. Feel confident with the most comprehensive software search resource out there. Deposits through our partner Baksta, which allows you to purchase Crypto using a bank card. See our short whitelisting tutorial. Throughout its website, the broker exhibits useful guides and tutorial videos, and various extensive FAQ sections in its Help Center. As your email is the only form of ID at PrimeXBT, it is not possible to change account email. While unlikely, it is not impossible. These timeframes will vary for different currencies as well as blockchain congestion. Funds that are needed to cover day to day withdrawals are being held in a hot wallet. Under amount, we can choose the size of the position that we want to enter. The platform enables investors to delve into the traditional asset classes, with a robust lineup of Forex pairs—including major, cross, and exotic pairings—as well as a range of Commodities and Indices. Additionally, users can trade Crypto perpetual contracts via the Crypto Futures interface. Once you have those requirements, click on this link PrimeXBT Sign up page to register and sign up for an account. Promo codes are generally found across the internet in relevant trading communities, blogs, and social media platforms, but may also be issued individually. Regular promotions for first month free. Currently, PrimeXBT only allows direct crypto transfers. Many businesses and industries were affected by Covid 19. Now, if you click “Long” or “Short”, you can enter a take profit and a stop loss level, and when you press “Confirm” in the bottom right corner, your market order will be executed and your take profit and stop loss levels will enter the order book as conditional orders that will trigger automatically if the price meets that level. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage.

At Last, The Secret To PrimeXBT PT Is Revealed

What is cryptocurrency definition?

As mentioned earlier, some large companies have already adopted Bitcoin as a means of payment. Key features such as copy trading and trading contests add to its appeal, while its lucrative affiliate and referral programs set PrimeXBT apart in a competitive market. 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. There you can create, track your multi currency wallets and make deposits or withdrawals. 5 of your personal funds. Download it today if you don’t already have it on your mobile device, and stay connected 24/7 to global markets while gaining access to the most powerful trading tools around. The permitted cryptocurrency deposit options are Bitcoin, Ethereum, Tether, USD Coin and Covesting. Those interested in crypto can buy Bitcoin with a bank card or other cryptocurrencies like Ethereum, USDT, and USDC with PrimeXBT. What’s important is finding traders who manage their losses well. World’s largest crypto exchange. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. What will XRP be worth in 2030. You can also earn the following discounts on 30 days of rolling trading volume. Bybit goes above and beyond, providing some of the most in depth analysis reports and tools free for anyone to access, so a tip of my hat to the folks over at Bybit for their selfless efforts here. In a more “natural” scenario. PrimeXBT charts reflect top of the book BID quotes received from our liquidity providers not FILL prices. To view or add a comment, sign in. Moreover, the KYC process can be time consuming and inconvenient, requiring users to go through lengthy verification steps, which can deter those seeking quick and hassle free trading experiences. PrimeXBT offers an array of products catering to the needs of novice and seasoned traders. So join us in our PrimeXBT review to see why this site is well worth a look if you’re into crypto trading. If you do not see this then it means that you could be on a phishing site and should leave immediately. Any chart’s point may be highlighted to display the time, date, open, low, high, close, or value. The only identifying item on the blockchain is your public address. To mitigate this, it’s important for traders to diversify their portfolio, reducing the the potential of being exposed to a single market’s movements. If the company decides to do a runner or a rug pull, or even if they decide you didn’t actually win that trade and refuse your payout, there is very little legal action anyone can take against them. The minimum deposit amount for this promo is $100. XLM already showed such a picture on the chart at the end of 2017. PrimeXBT simplifies matters by only offering one account.

Take Home Lessons On PrimeXBT PT

Fiat Withdrawals

RELATED: Check out The Ascent’s CEX. PrimeXBT does not charge any deposit fees. PrimeXBT trading platform New 2020. Face the ultimate challenge earn your right to be called a Web3 expert. ETH Strategies reduced. As much as margin trading crypto requires that you take risks, you don’t have to throw caution to the wind and bet all your money. Once the margin account as been successfully set up and funded, the next step is to start placing trades. The buying of an asset on margin at PrimeXBT is done automatically, as all one has to do is put up the necessary margin by pressing “buy” or “sell” on the platform, entering a position. Users can trade long or short to enhance earnings through rising and falling markets. This results in lightning fast order execution and minimal latency, which traders benefit from.

15 Tips For PrimeXBT PT Success

Margin Trading Pros and Cons

Also, you access ‘Buy Crypto’ option which allows you to buy supported cryptocurrency using a Bank Card / SEPA transfers and have it transferred to your PrimeXBT wallet. Thus, the pricings for Cryptocurrencies provided on PrimeXBT will vary in accordance with the pricings across the exchanges from which liquidity is aggregated. All real money rewards will be sent to users’ trading accounts on PrimeXBT. Required fields are marked. Therefore the 24H withdrawal limit does not apply to Cash Withdrawals. And it’s probably only fair that we ask the same thing of PrimeXBT. Prime XBT also supports a number of transaction services such as. 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. By adding margin accounts into the mix, it can lead to a recipe for total capital loss. Reply from PrimeXBT Copy Trading. These features can be enabled in your account Settings. We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC 50%; 35% in a basket of big cap coins and the rest in small projects with huge upside. To purchase cryptocurrency, click ‘Buy crypto’ in the upper menu, which will bring up the corresponding sub menu to make the purchase. The PrimeXBT trading platform has plenty of tools available to suit traders of most skill levels. I can’t imagine that. Those are just a few examples of how your workspace could look like. This will allow you to earn a commission from referring friends to the platform. Since PrimeXBT’s inception, services have been restricted to residents of a number of countries globally. PrimeXBT accepts the direct purchase of cryptocurrency on its platform using a debit or credit card. 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. PrimeXBT users can buy, exchange, and transfer Crypto via the Main page,. BTC deposits require 3 block confirmations which usually takes around 40 minutes on average;.

The Best Shiba Inu SHIB Alternatives in 2024: Meme Coin Deep Dive

Referral Program: PrimeXBT offers a lucrative referral program. The Binance exchange is not at all accessible to US persons and US customers will have to use Binance US which is a much more limited version of its global parent site, with only 64 coins and 130 pairs. However, if you are looking for more opportunities, a CFD broker like PrimeXBT is the way to go. Supported CFD Commodities include Aluminium, Brent, Copper, Crude, Gold, Lead, Natural Gas, Nickel, Silver, and Zinc. As Bitcoin bulls pause for breath, Litecoin has recently posted substantial gains, standing out from altcoin peers. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. The charting facilities are also among the best of any mobile app. This section guides you through the platform and explains how to place and cancel the order. These timeframes will vary for different currencies as well as blockchain congestion. The individual or company who is offering this security may solicit offerings from investors in compliance with Section 506C. Removal of Bonus from Trading account will decrease account’s Equity and may lead to insufficient margin and liquidation in case there are open positions. Formal verification, a mathematical method that verifies the accuracy of smart contracts, is something that the development team of this project places a lot of emphasis on. 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. There’s no minimum deposit, and for fiat currencies, deposits start at $10 via AdvCash.

Trading Bots

One of the many features the PrimeXBT trading platform has is the availability of an amazing charting interface and sufficient indicators to aid traders in their technical analysis. Definitely enough for the casual crypto investor. Visit the fees section at PrimeXBT to confirm the exact fees on the day. PrimeXBT ile karlı performans için olumsuz durumu kaçırılmayacak bir ana nasıl dönüştüreceğiniz aşağıda açıklanmıştır. Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. Investors can automatically mimic trades from successful strategy managers to leverage their market expertise. We may include partnership links, but they don’t affect our ratings or recommendations. Funds that are needed to cover day to day withdrawals are being held in a hot wallet. One can also trade specific stocks, but this could lead to even more concentrated losses. However, we found that it enjoyed an excellent reputation and had clearly invested a lot of time and money into ensuring that your crypto assets stay as safe as possible. No, PrimeXBT does not charge an additional fee for the manual review of a withdrawal request that triggers a suspicious activity alert. Let’s have a brief introduction of the two platforms here. Sign up with this link and then deposit the stipulated amount before the timer expires. This flexibility makes them suitable for longer term strategies. PrimeXBT is a rising star in the derivatives trading niche. Serving clients in more than 150 countries, PrimeXBT is a Bitcoin based margin trading platform that offers instant access to over 30+ assets, including Crypto, Forex, Commodities, and Indices with real time market data. On the other hand, there’s a flat 0. By involving experts in financial security and strict manual procedures versus autonomous queues and systems with loopholes to be exposed, PrimeXBT offers the highest level of asset security. Com or you can contact us in the chat room on our website. No, you can never lose more than you deposit into PrimeXBT account. This also helps the crypto financial system remain healthy and avoid price manipulation such as so called “pump and dump” schemes. To deposit PrimeXBT supported Crypto held on an external wallet, go to the Main page,. However, its offerings extend far beyond the realm of digital currencies.

⭐ Crypto Gambling Picks

The Euro Stoxx 50 index is made up of fifty of the largest and most liquid stocks in the Eurozone. Each wallet is designated for a specific cryptocurrency. Whale trader offers the $100 Reward for $1,000,000 trading volume. Frequently, Cryptos with some sort of utility within the Crypto ecosystem will garner more attention and as a result more investors. The major pairings include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, and USD/JPY. Once you have those requirements, click on this link PrimeXBT Sign up page to register and sign up for an account. This code can be used to restore 2FA time codes for your account. What makes the platform unique is that it’s fully autonomous, which discourages hackers from coming onto the platform and attacking the exchange to steal identities. This is a rather new start up that was launched in 2018. Cold wallets keep all tokens out of the reach of cyber attackers because they do not have access to them through the internet.

More Sections

It’s always a nice touch when an exchange includes additional material to help smooth your trading experience. It offers a wide range of benefits to both new and expert traders. Visit the fees section at PrimeXBT to confirm the exact fees on the day. We may receive a commission for purchases made through these links. Best customer service ever. Followings that are started while Advanced COV membership is active will be charged a 0. The “Buy and Convert” feature is a really easy way to trade crypto as it involves exchanging one crypto for another, without the need for a trading chart. It is possible to use a third party service such as Coinify TC, which allows you to buy BTC, ETH, USDT and USDC using your bank card, SEPA bank transfer and have it transferred to your PrimeXBT wallet. It should be noted that not all trades are winners, and therefore it is very important that you resist the temptation to “go all in” on a trade. However, most of that amount was traced back to certain accounts, and shortly after retrieved as well, leaving the hackers with a “mere sum” of 200,000 bitcoin which are now confirmed as stolen. Overall, PrimeXBT is an unregulated crypto exchange where anonymous users can trade while accessing up to 1000x leverage. We may receive a commission for purchases made through these links. For new traders learning to trade, this can be a great way to gain exposure to trading strategies and be able to analyze how a successful trader approaches the markets. Then confirm your email. I know I can account for the spread, but it fluctuates, and it means there’s more room for error. The broker essentially runs risk free trading tournaments using a virtual bankroll, with cash prizes up for grabs. For USDT, USDC and COV deposits are available. These addresses are known as whales. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. This website uses cookies. In truth, this company handles much more than just futures and copy trading; to learn more about it, check out our full PrimeXBT review. Sign in with your email. To become a strategy manager yourself, you need a minimum balance of 0.


8 mark, where the minimum level is projected to be around $4. On the other hand, a short position will give you profits when the price of a cryptocurrency drops. You can use this to analyze data points across periods and plan stop loss levels through simple mathematical formulas. Any withdrawal requested after 12:00 UTC will be processed on the next day. The bonus cannot be withdrawn, traded, or used to cover fees, it can only be used as additional collateral for margin trading on the PrimeXBT platform. If you have traded with PrimeXBT we would really like to know about your experience please submit your own review. When leveraged trading, it’s important to know that margin trading offers both big opportunities as well as risks. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. There are 40+ crypto pairs on PrimeXBT, ranging from large cap cryptos like BTC/USD and ETH/USD, to smaller coins, like FIL/USD and ALGO/USD. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments.

Exclusive Crypto Deal List of 2023

Traders rely on quick and adequate response when they need it. Levels to watch: The Resistance is at 0. That probably accounts for part of any current complacency. Polkadot losing more than 80% of its value did not come as a shock to the crypto community as most altcoins did fall back to their bottom support of 2021. Well with leverage of 1:100, you can take a position that is 100x more than your account balance. Fundamental analysis is a form of analyzing the market based upon economic announcements, interest rate expectations, geopolitical risks, news reports, and central bank behavior. Yes, participants can join numerous contests at the same time. Overview of PrimeXBTPrime XBT is an online multi asset and multi currency margin trading platform which support the trading of cryptos, stock, and forex. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Deposits and withdrawals always worked smoothly for me, both via BTC and Ethereum. Claim up to $7,000 in Bonus. 5️⃣ A confirmation pop up window will appear. Moreover, PrimeXBT’s commitment to security is commendable, providing traders with peace of mind as they navigate the exciting world of cryptocurrency trading. Disclaimer: These are the writer’s opinions and should not be considered investment advice. The permitted cryptocurrency deposit options are Bitcoin, Ethereum, Tether, USD Coin and Covesting. 2️⃣ Deposit COV tokens to the account. 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. You can simply get in touch with the PrimeXBT customer service team by using one of the email addresses in the website footer and there is also a live chat feature in the top right of your account section. It’s always a nice touch when an exchange includes additional material to help smooth your trading experience.