Primexbt Q & A

Crypto Futures
A contract that allows you to trade crypto futures with competitive fees and high liquidity.
Crypto CFDs
A contract for differences that allows you to speculate on the future market movements of an asset without owning it.
PrimeXBT is a trading platform that focuses on derivatives, such as CFDs and Crypto Futures, and is designed for experienced traders.

Oct 26, 2024 04:00 PM

By: ashersha85

You are basically asking for a trading strategy or trading plan. If you don’t have one yet, I suggest you focus on developing your trading strategy. There are plenty of ready, simple and beginner-friendly trading strategies available online. Explore them, experiment on a demo account, and see which suits you best.
To be a profitable trader you must have a trading plan, and not only have it… but also be disciplined in following your trading plan.

Oct 01, 2024 09:39 PM

By: Hassan_Puri707

PrimeXBT is a trading platform that allows users to trade crypto, stocks, commodities, and Forex. PrimeXBT offers security with 2FA, SSL encryption, and DDoS protection. PrimeXBT offers advanced charting tools and technical indicators.

Sep 25, 2024 05:04 PM

By: asaderfi82

I guess so. It''s exactly copy trading functionality that is available on this platform.
I guess this abbreviation stands for cooperative investing, meaning that you either follow some guys who share their strategies or you create you own one and show nice performance to gather traders around yourself.
Typical copy trading, I don''t think it somehow differs from the same mechanisms on other platforms.

Sep 27, 2024 10:54 PM

By: Prabhat_Me121

covesting feature on PrimeXBT is copy trading. Copy trading is a portfolio management strategy that allows traders to replicate the positions of another trader.. PrimeXBT is a Bitcoin-based margin trading platform that offers access to over 30 assets, including crypto, forex, commodities, and indices.

Sep 25, 2024 05:09 PM

By: asaderfi82

Yeah, there is a single account for trading on financial markets and using copy trading simultaneously. Regarding avoiding a margin call, as far as I know these things are not combined, you can trade with a separate deposit for normal trading and with another part of a deposit you can choose on your own how much money you are going to invest to copy strategies of other traders.

Aug 25, 2024 04:46 AM

By: KeshavMalhotra

Appreciate what these guys doing with combining two major sections together - trading and crpyto. It is fairlt comfortable to buy crypto or trade it on one platform. I''d appreciate if there were some clear commission guidelines on buying crypto please.

Jul 22, 2024 03:12 PM

By: Deep_Nori

PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. Traders can also trade Commodities and Indices via Contracts for Difference (CFDs). PrimeXBT supports the trading of Crypto-Fiat trade pairings.

Jul 10, 2024 05:34 PM

By: RevpkBitoo

Huge number of advantages, actually. It does almost 1 billion USD in volume PER DAY sometimes, and it''s not because of the downsides, let me tell you that ;)

The main one, obviously, is that you can trade on leverage. No DEX can give you that. Plus you can buy crypto for real money directly. Also the fees are big for me, if you trade often, you feel it. It''s 0.01% fee per trade here, it''s the lowest ever, no other crypto platform takes less from traders.

Sep 01, 2024 02:26 PM

By: KutrapaL

Trading costs can significantly impact profitability, and PrimeXBT offers some of the lowest fees in the industry. With maker fees as low as 0.01% and taker fees at 0.02% for Crypto Futures, beginners can trade without worrying about high costs eating into their returns.

Jul 10, 2024 05:53 PM

By: RevpkBitoo

Lots, actually:
- you dont need to pay gas fees for transferring assets in (can buy here with bank cards instead)
- you dont need to pay gas fees for trading, like on some DEXes
- there are way less fees in general, only spread
- you can trade other assets from real world, that are never on CEX/DEX
- they provide you with robust chart sytems, so finding trades is a lot easier
- they have copy-trading scene, you can find good providers to copy trades from.

Jun 24, 2024 10:27 PM

By: Ajay_Deep

Prime XBT provides a powerful, intuitive, and user-friendly trading platform. It offers a wide variety of charts, indicators, and trading tools that help traders make well-informed decisions. also Deep liquidity is a feature of Prime XBT that enables traders to initiate and exit deals rapidly and at attractive pricing.

Jul 10, 2024 05:54 PM

By: RevpkBitoo

If you want specifically TRADING crypto, its hard to find better than this. Higher leverage, ability to short, copy-trading opportunities, its all here. Trading platform is solid, charting is so easy and smooth. Some more speculative assets (PEPE, ANDY, WIF) are not there yet, but im not sure its a bad thing.

Not to mention it''s possible to buy crypto with them directly, way easier and safer than on DEXes or through other methods.

Jun 12, 2024 04:27 PM

By: Vikrant_K182

The crypto exchange is quite different from the trading service. You can buy and sell crypto, and also hold them in your wallet when using the exchange service. As for trading, well, you can trade cryptos and crypto futures. However, when trading, you are trading CFDs of cryptos and the global markets, but the exchange has real coins.

May 25, 2024 01:40 PM

By: Saurabh_Prakash05

There is an awesome possibility to trade crypto futures at PrimeXBT. Which means I have a very appealing leverage for trading all the altcoins.

Oct 26, 2024 04:04 PM

By: ashersha85

according to my experience of reading such reviews, then I believe that the possibility to trade not only crypto market but also other ones is the thing people tend to mention more frequently.
surely some reviews pinpoint exceptional security and this is an unarguable feature of primexbt since the overall sphere it operates in is exposed to increased fraudsters activity. so it''s crucial to protect clients data anfd money.

Apr 25, 2024 03:06 PM

By: Prabhat_Mehta

Well, a good question. I would say the best you can do is basically open an account with them and get real exposure. The thing is that the registration is quick and will not take huge efforts from you to become a customer. As far as I know the minimum deposit account is just $50 for USDT and USDC and the minimum amount to deposit via AdvCash is 10 USD, not so much to be honest judged by the industry thresholds.

Mar 22, 2024 04:13 PM

By: ObaidQ1

Look, it all depends on your experience and ability of taking risks into account. If you are beginner, then of course you can use less leverage on this platform. And if you have enough experience and you are confident in your trading, then you can use maximum opportunities that company gives you.
What kind of leverage you set depends only on you. Therefore, I advise you to evaluate your capabilities and choose the size that you can use correctly.

Mar 27, 2024 01:55 AM

By: MishriBajpeyi

Yes you can, but the amount of money you can withdraw is limited before verification. its equal to around 20,000 us dollars or equivalent in a 24 hour period you can withdraw, but you can remove that by verifying your account easily.

Feb 08, 2024 05:35 PM

By: Jorge_Martinez