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PrimeXBT review, Registration guide to verify and trade with PrimeXBT

PrimeXBT.com was born at the end of 2018. Under Prime XBT Trading Services is considered to be the fastest growing electronic trading platform compared to other exchanges in the same industry. What’s more special is that the dedicated server of PrimeXBT is located at Amazon AWS in London and Frankfurt, which is home to the largest and safest servers in the world up to now.

primexbt welcome bonus

In 2020, PrimeXBT electronic trading floor accounts for 74.1% of market orders. That is a dream figure of many other exchanges. PrimeXBT’s engineers are experienced and well-trained, and it can be seen that the deposit and withdrawal transactions on this electronic floor are quite fast. I am a person who has been trading since PrimeXBT was established for 6 months, I personally give it a rating that PrimeXBT is much faster than previous trading floors.

Detailed instructions for registering to create PrimeXBT account Below are step-by-step instructions for registration, verification, security and entering bonuses PrimeXBT provided to newcomers, when you register with the link above and top up for the first time, you will receive 50% of the bonus money you deposit to trade on PrimeXBT. Good luck!

Step 1: Access the website and enter registration information To register, click on the following link to receive $ 200: https://……… , select the appropriate language, then click> Register and enter your personal information.

Once you enter your registration information, you will receive a PIN in your mailbox to verify that your mailbox is yours

You receive a 4-digit PIN code and enter the pin code confirmation box to complete the successful registration on PrimeXBT electronic floor.

In the next table you confirm the country you are trading with.

When completing account registration through our referral link. You get $ 200 of the e-platform PrimeXBT provided to the Toptradingnow community.

Have you completed your PrimeXBT subscription and successfully traded with the $ 200 bonus we give you.

Step 2: Install Google authenticator security Google authenticator security subscription is essential for you to protect your money on exchanges today. A lot of people have skipped this step and run the risk of being hacked and losing money in their accounts. You should register with the following steps:

»In your PrimeXBT account, drag the slider to the left below where the arrow I pointed at and the table shown below.

»Next, Click the box I circled in red to enable, secure google authenticator for your account. The picture below will appear:

If you don’t have google authenticator in your phone yet, you can download it. The next step in the Google authenticator phone app, select the (+) icon in the top right corner of the app, drag down on the icon () to scan the Qr Code code.

When you have connected between your PrimeXBT account and google authenticator every 1 minute, it generates 1 code, you enter that code into PrimeXBT to confirm the successful connection.

Note: When you enable google authenticator on PrimeXBT, it generates a character code snippet, you should be careful and save that code in private place, so that you lose your phone and recover it later. Absolutely not let anyone know about your code.

Step 4: Enter bonus code PrimeXBT Here’s how you can get a promo code PrimeXBT with $ 200 when registering via our referral link, but the special thing we will give you a bonus of 50% of your first deposit with code : TOPTRADING.

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Trade with a winning strategy

primexbt welcome bonus

There is a lot to learn for those who are just starting out into the world of trading and mistakes can come at a high price. By copying trading, you can be a passive market participant instead of letting professional traders execute their strategies on your behalf. This takes some guesswork and early-loss traders may encounter this equation.

RISK REDUCTION AND DIVERSIFICATION

Manual trading can lead to a higher risk because you are relying on your strategy solely on your own knowledge, training and experience. When you copy a trade, that risk is basically spread out, as users can track any number of successful traders who have a proven track record and operational history. positive. Just pay regular attention to the risk and success indicators of each strategy manager, instead of doing time-consuming technical analysis and constantly looking at the chart.

SAVE YOUR TIME, CONTROL

When it comes to copy trading, much of the hard and heavy work is being done for you. With PrimeXBT’s copy trading tool, you can start trading as easily and quickly as an experienced trader without spending time on fundamental or technical analysis. Copy trading still allows you to maintain full control over the maximum risk and reduction. If the trader you are copying is no longer getting the profits you need, you can easily unfollow and switch to another trader.

WHY TRADE?

Easy to use Copy trading requires no trading strategy, skill or experience to get started. Not only is this an easy and effective way to trade, but it is also a great way to learn from the most experienced managers while closely monitoring their trading activity.

Copy Deals for all PrimeXBT welcomes traders of all levels of experience – from experienced traders to newcomers. Professional traders can easily monetize their skills by allowing others to copy their strategies. The more followers they have – the more profitable trading they can make. New traders can overcome the pitfalls of the market learning and copy successful traders instead. The copy trading platform is available to any user who signs up for a free PrimeXBT account.

Diverse market Copy trading with PrimeXBT offers access to a wide variety of markets and offers over 50 trading instruments under one roof. Build a better and more diversified trading portfolio while copying trades on markets like Cryptocurrencies, Stock Indices, Forex and Commodities. All markets are also accessible through the free PrimeXBT mobile trading app.

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What is PrimeXBT – Step by step guide for the beginners

primexbt welcome bonus is one of the Bitcoin-based margin trading platforms, providing instant access to over 30 assets, including Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, EOS), Forex, Commodities ( Metals, Oils, Gas) and Indices. The exchange was established in 2018 and currently serves customers in more than 150 countries. The company is registered in the Seychelles and has a daily trading volume of $ 375 million. In the 2020 ADVFN International Finance Awards, the company won the award for Best Bitcoin Margin Trading.

Another interesting thing to note about PrimeXBT is that a completely anonymous exchange can be really useful for traders who value their online privacy. Plus, this discourages hackers looking to steal their identities from attacking the exchange.

Primexbt bonus

Platforms provide:

Leverage up to 500 times for both long and short positions. 100x leverage for cryptocurrencies.

Online privacy.

Aggregate liquidity from multiple liquidity providers

A wide range of technical analysis tools for trading

Secure, liquidity and safe and efficient transaction environment

Bitcoin margin transactions

One of the main features of Prime XBT is bitcoin margin trading. For those unfamiliar with the concept, let’s clarify two terms before proceeding:

Leverage: Usually expressed as a rate, it is the rate at which you can accept debt. So 20x leverage means if you have $ 1 you can trade up to $ 20.

Margin: This is debt, or borrowed money, that a trader uses to invest in other financial instruments.

Advantages of Bitcoin margin trading

Trading on leverage gives traders more exposure to an asset than they put in. Using margin trading, traders will have the advantage of making money from borrowed funds. On the other hand, any losses you make are significantly magnified.

Leveraged trading allows you to short an asset, i.e. you are making money when the asset’s price falls.

PrimeXBT offers maximum 100: 1 leverage on crypto pairs and up to 1,000: 1 on some of their forex pairs. So you only need 1% of the capital required to place an order on the cryptocurrency pairs.

The exact leverage allowed will depend on the type of asset you are trading and the size of the position you are holding.

Bitcoin margin trading has become an extremely booming business with institutional investors moving to the field. This boom is the most important factor behind Prime XBT’s rise in popularity. To ensure profits, PrimeXBT offers a wide range of advanced trading tools to its clients:

Integrated charting tools to ensure that the perfect timing of entries and exits from the margin trading market

Tools include most popular indicators, such as RSI, MACD, Bollinger Bands, Williams Alligator and many others.

PrimeXBT has the lowest known fee of 0.05% on all bitcoin transactions.

Types of PrimeXBT orders

PrimeXBT gives you the option to use a number of different order types. These orders provide additional protection and hedging on the margin trading platform. Some of the advanced order types available are:

Market orders: Placing orders will be executed either immediately or within the first time available.

Limit Order: Allows a trader to set a “limit” on the price at which they will buy or sell.

Stop order: Buy or sell an asset when it reaches a predefined “stop” price.

Protect Orders: Limit losses or protect profits on any trade or order.

One Cancel-Another Order: An Order-Cancellation-Another (OCO) is a conditional order. It allows you to combine two different orders under special conditions. When one of the commands is activated and executed, the second is automatically canceled.

PrimeXBT offers a number of other benefits

PrimeXBT offers a free account and the registration process only takes a few minutes.

No KYC is required and keeps your personal information secure.

Minimum deposit is only 0.001 BTC, deposit can be made in BTC, credit card or more than 100 coins.

Up to 1: 100 times.

Mechanism of short selling assets, taking advantage of reduced prices as well as escalating prices.

Unrivaled aggregate liquidity from 12 different leading vendors.

Always have 24-hour support when you need it.

Advanced security features including address, two-factor authentication, and more.

Support for multiple interface screens for the participants.

Pairs that trade on the 5 most liquid cryptocurrency assets.

Deposit and withdraw money on PrimeXBT

Depositing money on PrimeXBT is very simple and easy. New users can click on deposit on the trading platform. A secure Bitcoin address is then immediately created to be used for BTC transfers.

Withdrawals are also extremely simple, although they do require some additional steps. Before withdrawing funds the user account must make an internal transfer from their trading account to the personal wallet set up in the Accounts section.

When the request is made, a trader will whitelist a preferred BTC address for withdrawals. A security feature of PrimeXBT is to withdraw funds only to whitelisted accounts available with the aim of keeping your funds safe from being confused to another account.

Once all the steps have been completed, make an internal transfer and add the listed BTC address to the list where a trader can enter the desired withdrawal amount and click to start sending.

Coins supported on the PrimeXBT exchange

PrimeXBT currently has 5 main cryptocurrencies for trading:

BTC

ETH

LTC

XRP

EOS

PrimeXBT fee

Transaction fees are another important factor to consider when choosing your broker. You don’t want to end up paying a small fortune after adding up all your trades, do you? However, as we mentioned before, PrimeXBT has one of the lower transaction fees in the entire ecosystem.

PrimeXBT is quite transparent with their fees. They only have two types of fees:

Transaction fee: This fee is charged when entering an order. Swap fee: To fund a position overnight

The transaction fee is 0.01% – 0.05% This is much lower than the equivalent CFD brokers like IQ Option etc. PrimeXBT also offers some attractive discounts. You can earn these with 30-day rotating trading volume:

1. 300–600 BTC: You will get a volume in this range.

2. 600 + BTC: Traders with a volume above 600 BTC will receive a 50% discount on the current fee offer.

In addition, two more points to note about deposits and withdrawals:

1. There are no fees for incoming payments, so you can fund your account without paying any fees.

2. However, if you make a withdrawal, you may have to pay a mining fee to propagate your transaction.

Invest in PrimeXBT

Thanks to a recent partnership with Covest, PrimeXBT will soon launch the Covest module. The module will rank each fund according to key metrics like total capital, daily ROI, overall ROI at all times, and so on. This module can be extremely useful for both successful traders and novices alike.

Successful traders will be provided with the ability to build a positive track record, gain more followers and earn extra income by managing funds,

Novice traders will be able to allocate a portion of their portfolio to managers that meet their risk / reward needs and have built up a successful trade rating based on performance. their.

Conclusion

Overall, it’s no surprise that PrimeXBT has received numerous awards over the past few years.

PrimeXBT also has a mobile app supported on both iOS and Android devices. Another interesting thing to note is that PrimeXBT has additional learning materials to help teach you about the different nuances of the exchange. If you’re looking for a platform where you can do margin trading with good security, transparent fees and cutting edge technology, look no further than PrimeXBT.

If you are looking for a leveraged cryptocurrency exchange with relatively advanced technology, transparent fees and strong security processes, then you should consider it. You will need to make an assessment of whether you are comfortable using a brand new exchange service.