(4.7 / 5)5+ Ratings

Primexbt Reviews

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Overall Rating

4.7

5 Reviews

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About Primexbt

PrimeXBT is a leading cryptocurrency and CFD trading platform serving millions of users from 150+ countries. It allows users to trade global markets including Crypto, Commodities, Indices, and Forex.

The platform offers a variety of features such as:

Multi-Asset Trading: Trade cryptocurrencies, crypto futures, and traditional financial instruments from a single account.
High Leverage Options: Up to 100x crypto leverage trading on crypto and up to 1000x leverage for trades on traditional assets.
User-Friendly Interface: A highly customizable user interface with advanced charting tools and technical indicators.
Security and Privacy: No mandatory KYC (know your customer) checks before you can start trading.
Competitive Fees and Features: Supports crypto futures trading with competitive fees and low trading costs.
Covesting Module: Features a peer-to-peer crypto copy trading, allowing users to track and automatically copy the actions of expert traders.

PrimeXBT also offers the ability to buy and exchange cryptos in minutes, on a secure, easy-to-use platform, with 24/7 support from real people. It's always a good idea to check the latest on the official website for the most accurate information.

Primexbt Pros & Cons

Pros of PrimeXBT:

Robust Security Features: SSL encryption, two-factor authentication, and Cloudflare DDoS protection ensure a secure trading environment.
High Leverage Options: Up to 100x leverage for cryptocurrencies and 1000x for forex, allowing traders to control larger positions with less capital.
Advanced Trading Tools: Integration with TradingView, customizable charts, and technical indicators enhance market analysis.
Copy Trading: The Covesting module allows users to follow and automatically copy the trades of successful traders, providing an opportunity for passive income.
Competitive Fees: Low trading fees of 0.05% for cryptocurrencies and no commission on forex, indices, or commodities.
User-Friendly Interface: Intuitive and customizable interface with a logical structure, making navigation straightforward.
Mobile App: Functional and convenient mobile app for trading on the go.
Educational Resources: Comprehensive educational resources, including tutorials, guides, webinars, and training sessions, help improve trading knowledge and skills.

Cons of PrimeXBT:

Unregulated Status: Operating in an unregulated gray area, which may elevate the risk for retail traders.
Limited Asset Selection: Compared to competitors like OKX, PrimeXBT has a limited selection of around 100+ instruments.
Complexity for Novices: The platform's advanced features and high leverage options may be overwhelming for inexperienced traders.
Withdrawal Limitations: Withdrawal of funds is not round-the-clock, and there are limitations on the number of cryptocurrencies available for deposit and withdrawal.
Limited Fiat Deposit Options: No spot trading or P2P trading options, which can be a drawback for casual traders.

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Primexbt Customer Reviews (5)

0/5

Maria Pia Endrizzi

Verified Buyer

Jul 23, 2024

Maria Langer

Verified Buyer

Jul 23, 2024

Todd Henderson

Verified Buyer

Jul 21, 2024

Jonathan Hodgson

Verified Buyer

Jul 19, 2024

James Earley

Verified Buyer

Jul 18, 2024

Primexbt Customer’s Q&A

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Primexbt Features and Benefits

PrimeXBT is an award-winning, multi-asset trading platform that offers a variety of features and benefits:

Multi-Asset Trading: Allows trading cryptocurrencies, crypto futures, and traditional financial instruments such as Forex, S&P 500 and Nasdaq composite indices, commodities like crude oil and natural gas, and many others from a single account.
High Leverage Options: Offers a unique sliding leverage system with up to 100x crypto leverage trading on crypto. Up to 1000x leverage is offered for trades on traditional assets.
User-Friendly and Customizable Interface: The platform provides a highly customizable user interface, complete with advanced charting tools and technical indicators.
Security and Privacy: PrimeXBT is a pro-privacy platform, which means that there are no mandatory KYC (know your customer) checks before you can start trading.
Competitive Fees and Features: The platform supports crypto futures trading, enjoying competitive fees and low trading costs.
Covesting Module: PrimeXBT’s covesting module features a peer-to-peer crypto copy trading, which allows you to track and automatically copy the actions of expert traders.

These features make PrimeXBT an excellent choice for both beginners and experienced traders. It's always a good idea to check the latest on the official website for the most accurate information.

Primexbt Pricing

PrimeXBT offers competitive fees for its services. For crypto futures, the fees are 0.01% for makers and 0.02% for takers. For global markets, the fees are 0.05% for both makers and takers. The platform also supports copy trading.

In terms of deposit and withdrawal fees, PrimeXBT does not charge any fees for deposits. However, there is a flat fee structure for withdrawals.

When it comes to CFD trading, the platform boasts of low fees with spreads as low as 0.1% and a trading fee commission starting from 0.0%. There are also overnight swap fees, which are the interest you pay or earn when holding a trade overnight.

Please note that all these fees are subject to change and it's always a good idea to check the latest on the official website.

Payment Method

PrimeXBT offers several payment methods to cater to different user preferences. Users can fund their accounts using credit and debit cards like Visa and Mastercard. Additionally, bank transfers are supported for fiat currency deposits. For those who prefer using cryptocurrencies, deposits can be made directly using Bitcoin and other supported cryptocurrencies. The platform also integrates a third-party fiat payment gateway, CEX Direct, allowing users to purchase Bitcoin directly with fiat currencies such as USD, EUR, and GBP. This variety ensures flexibility and convenience for traders.

Primexbt FAQs

Primexbt Alternatives

Top 10 PrimeXBT Alternatives:

Zengo Wallet: Known for its bulletproof security and legendary customer support. Offers a 3-Factor authentication process and supports over 70 cryptocurrencies.
Gate.io: Features cold wallet storage and is popular for its user-friendly interface.
Binance: The largest global cryptocurrency exchange with a wide range of features and support for multiple currencies.
Uphold: Provides instant and secure financial services across 200+ countries and supports over 30 cryptocurrencies and fiat currencies.
Coinbase Exchange: One of the most popular exchanges, known for its ease of use and security.
OKX: Offers a highly rated platform with a variety of trading options and tools.
Coindcx: Known for its robust security measures and user-friendly interface.
BTCC: Features a reliable and secure platform with a variety of trading options.
Kraken: Offers advanced trading features and high security.
XGo: Known for its user-friendly interface and wide range of supported cryptocurrencies.

How To Open A Primexbt Account?

To open an account on PrimeXBT, follow these steps:

Visit the PrimeXBT website and locate the Register button on the homepage.
Click on the Register button to access the registration form.
Enter your email address and create a strong password to secure the account.
Agree to the terms and conditions and submit the form.
Check your email for a verification link. Click on the link to verify your account and complete the registration process.

The account will be ready for use once the verification is complete.

Primexbt Return Policy?

PrimeXBT has a Withdrawal & Refund Policy that outlines the terms and conditions for withdrawals and refunds. Clients can request withdrawals of their available funds at any time, with the amount not exceeding the available balance. The first withdrawal must be made to the bank card used for deposits, followed by other payment methods. Withdrawal fees vary based on the payment method and currency. PrimeXBT processes withdrawals once a day between 12:00 and 14:00 UTC. Refunds are processed automatically under certain conditions as specified in the policy.