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PRIME XBT REVIEW PrimeXBT is a relatively new and fast-growing Bitcoin trading platform. The platform offers its users numerous investment options and asset classes to choose from. In this PrimeXBT review we will discuss if this is a good trading platform and what features make them stand out when it comes to crypto currency trading  xbt prime  is prime xbt legit  prime xbt review  prime xbt trading  can i leverage trade on prime xbt in americ What is PrimeXBT PrimeXBT is a crypto-to-crypto exchange that supports the trading of crypto currencies Forex and other CFDs assets on its platform with leverage as high as 100. However you can only fund your PrimeXBT trading account with Bitcoin. This means that you need to buy Bitcoin before using PrimeXBT. An overview of the PrimeXBT user-friendly interface.

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Get 50 Deposit Bonus 100x Leverage Start Trading Founded in 2018 PrimeXBT has achieved record-breaking growth in a short period of time. The crypto exchange has grown to be regarded as one of the major brokers playing in the margin trading industry and have customers from over 150 different countries. The company claims its high success rate comes from its “customer- centric” business model. This is achieved with the company’s ability to innovate and evolve by using cutting edge block chain technology to provide users with all they need for their trading activities while keeping fees very low when compared to other crypto brokers. PrimeXBT also offers a user-friendly website and a very powerful trading platform. The website is loaded with the latest analyses guides and most important trading tools. This will help both beginners and well-seasoned traders achieve their trading goals easily. PrimeXBT also has very high trading volume and liquidity for all its supported cryptocurrency pairs. This combined with a round-the-clock customer support desk to help and assist users at every point in time. These are factors making the company stand out from the rest.

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Is PrimeXBT Safe PrimeXBT takes its clients’ security very seriously. The company boasts of having cutting edge blockchain technology that ensures investors assets will remain protected at all time. Some security features implemented by the PrimeXBT are:  The Use of Cold Storage for Client’s Bitcoin: In order to protect customers’ assets from hacking and theft PrimeXBT holds a greater portion of customers’ Bitcoin in offline storage systems also known as cold storage. Only a very small part of the customers’ Bitcoin is actually available online.  A Dedicated and Secured Server for The Web Platform: The implementation of some of the latest cutting-edge blockchain technology ensures that the PrimeXBT trading platform is secured from every form of online attacks especially DDOS attacks. This way customers can be assured that the web platform will always remain available and easily accessible whenever needed. The use of sophisticated technology also ensures there is no lagging in the run

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time asset price or order execution error that might come up when a trader is trying to place modify or exit an open trade.  The Use of Two Factor Authentication and SSL: PrimeXBT trading platform also adds an extra layer of security by making use of a two-factor authentication method. This ensures that no hacker gain access to their accounts. The authentication method combined with the use of only the Secured Socket Layer SSL protocol for communicating on the internet ensures that the exchange communication network remains hacker-proof. PrimeXBT Fees When it comes to fees the PrimeXBT cryptocurrency exchange offers its users one of the most competitive in the industry. The broker allows you to buy sell and hedge forex/ Indices/ commodities/ cryptocurrency pairs for a flat commission charged per trade. Fees are an important factor because fees can quickly rack up when trading. Hence picking the right exchange with a good fee structure will go a long way in your growth as a trader. If you want to compare fees on other exchanges against each other then check out our list of the most popular Bitcoin trading exchanges. PrimeXBT Trading Fees PrimeXBT exchange has remained very competitive in its fee structure providing users with one of the lowest fees in the Bitcoin trading industry. Currently PrimeXBT charges a very low flat fee of about 0.05 per trade. This is very low especially when compared to other exchanges. Most other cryptocurrency exchanges charge as much as 0.075 per order. The most popular Bitcoin trading exchange Bybit charges a 0.075 taker fee. However Bybit actually has a negative maker fee of - 0.025. This means that on Bybit you’ll actually get paid for using limit orders as a market maker. If you use the market order a lot for entering trades on your chosen cryptocurrency pairs then PrimeXBT

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is for you. However if you are a regular user of limit orders then check out our Bybit review. PrimeXBT also charges overnight finance fees for holding a position open overnight but this varies from trading pair to pair. Symbol Trading Fee Financing/day Long Financing/day Short BTC/USD 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate ETH/USD 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate ETH/BTC 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate LTC/USD 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate LTC/BTC 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate XRP/USD 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate XRP/BTC 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate EOS/USD 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate EOS/BTC 0.05 0.194 Daily Funding Rate 0.194 Daily Funding Rate Get 50 Deposit Bonus 100x Leverage Start Trading PrimeXBT Withdrawal Fees

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The next fee to consider while making your choice of your exchange to trade at is the withdrawal fee. This is usually a fixed fee but varies from one exchange to the other. The average withdrawal fee for the Bitcoin trading exchange industry is 0.000812 BTC when you withdraw Bitcoin. However PrimeXBT has taken it a step further by slashing this fee by almost 40 for its users. This way users will only pay 0.0005 BTC when they withdraw their Bitcoin cryptocurrency. PrimeXBT 50 Deposit Bonus PrimeXBT has the most generous deposit bonus in the industry offering new users a 50 bonus on their first deposit to be used on the trading platform. However to qualify for this bonus you need to make an initial deposit of at least 0.01 BTC. To activate your 50 deposit bonus. Sing up with this link and then go to “promo code” and enter “bitcoinsensus50” in the provided space. This bonus will be added to your trading account equity under the name “Reward”. 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. How to Sign Up The registration process for owning a PrimeXBT trading account is very easy and straight forward. You can follow the detailed steps below to quickly create your own account. To open your PrimeXBT account follow these steps: 1. Go to Primexbt.com 2. Click on the “Register” button. 3. Input your email a strong password you can remember and your mobile number for verification. Once completed you will get a verification link or code sent to your email or phone number depending on which sign up method you used.

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Get 50 Deposit Bonus 100x Leverage Start Trading Deposit Method When it comes to funding your PrimeXBT account it is important you remember that the customer accounts are all Bitcoin-based. Therefore all your deposits account balance and withdrawals on the exchange platform will be denominated in the bitcoin cryptocurrency. PrimeXBT provides its own bitcoin wallet free of charge to registered clients for direct deposit. You can also deposit using your credit card or other cryptocurrencies. If you deposited using your credit card or other Crypto coins like altcoin you would be required to convert them into Bitcoin on the platform by using a simple API that has been linked to Changelly this API allows users to easily buy bitcoin or exchange other cryptocurrencies into Bitcoin. Withdrawal It is important to remember that while PrimeXBT offers a wide array of asset classes and cryptocurrency pairs to trade in like Litecoin Ethereum Bitcoin XRP Forex trading pairs Indices Commodities and all the platform does not support the withdrawal in any FIAT currencies or other cryptocurrencies than Bitcoin. This effectively makes PrimeXBT exchange a crypto-to-crypto platform thereby requiring traders to have a secured bitcoin wallet in order to withdraw their profits. You can also make use of the API linking the PrimeXBT platform to the Changelly website to withdraw your funds in Bitcoin and then convert it to whatever currency you want.

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Supported Currencies PrimeXBT supports the trading of both major and minor forex currency pairs on its platform. It also charges a commission per trade. These commissions are also known as trading fees and are currently at 0.01 for forex pairs and 0.05 for cryptocurrencies. Forex currencies supported by PrimeXBT:  US Dollar  Australian Dollar  Canadian Dollar  Euro  Swiss Franc  British Pound  Japanese Yen Leverage Trading PrimeXBT is well known for the very high leverage it offers its clients.  For Forex trading indices and commodities PrimeXBT offers a 1:1000 leverage for traders depending on the size of the position opened.  For Bitcoin and other cryptocurrencies PrimeXTB offers a 1:100. This puts PrimeXBT among the Bitcoin trading platforms that provide the highest leverage. What Does 100x Leverage Really Mean Margin trading simply means that you can increase your purchasing power and exposure to the market while trading with little funds. The added funds/leverage you get to make bigger bets is given to you by the exchange. So for a 1:100 leverage every 1 BTC you have is transformed into 100 BTC thereby increasing your purchasing power. In other words you will be able to open positions worth much more than the funds you hold on PrimeXBT.

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However while high leverage can potentially help you make more money from trading it can also increase your losses. Therefore it is important that you take the required time needed to understand how leverage works. Make sure to learn how to trade Bitcoin before touching leverage trading. Get 50 Deposit Bonus 100x Leverage Start Trading High Liquidity With clients in over 150 countries PrimeXTB is believed to be among one of the top 40 biggest brokers/exchanges in the world. Their size makes any liquidity issues absent. Not only that its use of Bitcoin-only accounts truly makes it a global exchange thereby removing all boundaries between countries and local bank restrictions.

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Is PrimeXBT Available In The United States PrimeXBT is not available to US traders as the company continues to shy away from U.S regulations that would want to limit or control how it does its business. That said though this doesn’t stop US traders from using the exchange platform. Especially with the company requiring little to no personal information and details from users. This allows users to remain anonymous while transacting with the exchange and prevents the company from having an in-depth verification process that can be used to identify clients. If you are trading from the US you’ll need a VPN. The most popular VPN among Bitcoin traders in the US is NordVPN. PrimeXBT Trading Platform PrimeXBT has a simple user-friendly web-based trading platform that has been equipped with all the features and tools a trader can ever need to carry out his analysis and place trades. Since it is web-based it does not require you to download anything or make any installations on your computer. The trading platform also has an inbuilt “help and tutorial section” with videos and articles that are very useful for both beginners and intermediary traders looking to sharpen their trading skills. Some of the features of the trading platform include:  Availability Of Technical Indicators: One of the many features the PrimeXBT trading platform has is the availability of sufficient indicators to aid traders in their technical analysis. The platform has well over 90 different types of indicators inbuilt into the platform and readily available to registered users.  Easy to Use and Customizable Layout: The simplistic design and friendly layout that was implemented for the PrimeXBT trading platform makes it a favorite among users. But it doesn’t just end there the company has gone a step further by making the platform’s workspace fully customizable by the user. This

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way traders can fully rearrange position and add new widgets to the workspace in order to make it more suitable to their trading style.  Multiple Order Types: The PrimeXBT exchange trading platform has numerous order types that can help traders best position themselves in the market. These order types include: market order limit order and stop order. PrimeXBT also offers OCO orders through 3rd party solutions by using an API bridge. The platform also offers traders the ability to add a “take profit” and “stop-loss” order in their trade. This is to help them better manage their position and minimize their risk exposure in the market. Get 50 Deposit Bonus 100x Leverage Start Trading

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Covesting: A Better Way To Trade Recently PrimeXbt introduced an amazing product on its platform called “Covesting”. The feature allows platform users to browse through hundreds of trading strategies provided by other traders and ranked by profitability by PrimeXBT. Once you find profitable strategies that suit your needs and risk tolerance you can automatically copy their trading activity on to your own account with Covesting. This way you can improve your returns and achieve the same returns as the leading traders on the platform. Get 50 Deposit Bonus

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100x Leverage Start Trading PrimeXBT Trading Platform In this part of the PrimeXBT review I will be taking a critical look at the PrimeXBT crypto trading platform. My focus will be on the platform interface technology security stability and ease of use. I will also be pointing out the issues I faced while using the platform and various points I believe PrimeXBT can do better. Mobile Trading App With Prime XTB you can trade on-the-go using the PrimeXBT mobile app which is currently available for free on the Google Play store. This app allows users to carry out a wide range of activities including:  Opening a new account  Trading over 50+ instruments across all asset classes including crypto indices commodities stocks and forex.  Carry out technical analysis using various inbuilt chatting tools.  Trading on 6 different timeframes and using 3 different chart types. The app makes trading on-the-go very easy especially with its easy- to-understand interface.

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Desktop Trading Charts Trading View PrimeXBT default trading chart looks like any other chart you would expect on an exchange trading platform. It is slick easy to navigate and user-friendly. The chart also has numerous options available to the user for customizing and personalizing the look and feel of the chart. There are also different chart types indicators and time frames available to users to choose from for carrying out their technical analysis and monitoring an asset price. Not only that but there is also a “studies-section” available on the chart. This section provides users with several dozen available studies on different pairs and asset classes. Analyses Tools PrimeXBT supports both technical analysis and fundamental analysis of all instrument supported on its trading platform. Here are some of the inbuilt features of PrimeXBT that helps traders create a trading edge in the crypto markets.

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 The platform comes with numerous built-in indicators and charting analysis tools users can utilize to carry out an in-depth technical analysis before taking a position.  You can easily create and import your own custom tools indicators and EA on the platform  Export and analyze your trading history with ease PrimeXBT Review On Order Types For Market Orders: PrimeXBT offers users one of the most advanced crypto trading platforms in the industry. The platform’s trading engine can handle over 100k high-speed transactions per second TPS this ensures the PrimeXBT trading platform does not lag and all orders are executed very fast. For Limit Orders: PrimeXBT offers users the flexibility to use pending orders to preset their entry price and exit levels in anticipation of a big move in the market. For Conditional Orders: PrimeXBT offers users the option to make use of various advanced conditional order types on its platform. Entering and exiting the market once certain predefined conditions are met. Customer Support PrimeXBT customer support desk operates 24/7 providing help and assistance to anyone. The support team only speaks English and Russian and is very knowledgeable about the various features and issues that might arise from using the platform. Although it might take several hours before you can get replied through an email there are various other communication channels. Try the instant web chat it has a very quick response time for replies. Review Conclusion Even though the company is still relatively new in the trading industry PrimeXBT has grown to become an industry leader. PrimeXBT is a pacesetter by simply focusing on improving and innovating its services in order to provide more satisfaction to its users.

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The biggest competitors to PrimeXBT are Bybit Phemex and Deribit. Bybit and PrimeXBT have a great interface and very good customer support. Check out our Bybit tutorial if you want to learn more about how to use that exchange. PrimeXBT is combining technological advancement with high leverage low and transparent fee structure and an amazing web- based trading platform. This makes PrimeXBT stand out as one of the best Bitcoin-based exchanges in the business. If you’re looking for a safe exchange with a user-friendly interface then PrimeXBT is the exchange for you. For a full list of our best crypto exchanges visit review here. Get 50 Deposit Bonus 100x Leverage Start Trading Website: https://www.bitcoinsensus.com/bitcoin-exchanges/prime-xbt-review/