If you are tired of saving on every expense, earn money from cryptocurrency exchanges! In the review, we have collected PrimeXBT honest opinions and ratings for you. Read PrimeXBT reviews and step into a successful future!

PrimeXBT reviews

Every year crypto trading platforms become bigger and bigger. Now, investors can trade online on the cryptocurrency exchange and make money. But how to find the reliable bag?

The problem is that today there are many cryptocurrency exchanges on the Internet, and many of them operate according to fraudulent schemes. So, it is not easy for a novice trader to choose an honest website.

PrimeXBT is a well-known platform that has been operating in the market for over 5 years. It is an honest service and numerous customer reviews confirm this. On the platform, users buy and sell cryptocurrency, oil, gold, Forex and so on.

Traders here can customize the workspace, create orders based on the type of markets, configure take profits and stop losses, use charts and various indicators.

In today’s article you will learn the updated facts about this exchange. Additionally, you will be able to read PrimeXBT reviews.

Exchange: Basic Facts

Advantages and disadvantages of PrimeXBT

Advantages of the platform, according to PrimeXBT opinions:

• Possibility of margin trading of cryptocurrencies
• Leverage up to 100x for crypto and up to 1000x for Forex
• Quick registration process without KYC
• It allows you to buy cryptocurrencies on the platform
• Low commissions
• Customers from 150 countries have access to the exchange
• High level of security and privacy
• Downloadable application

Disadvantages:

• Not API
• Limited selection of crypto types

The types of Crypto

PrimeXBT is an online exchange designed to support trading of cryptocurrencies, forex, stock indices and commodities. The types of cryptocurrencies, including:

• Bitcoin
• EOS
• Ethereum
• Litecoin
• XRP
• ADA
• Polkakdot
• Uniswap
• Dogecoin

In addition to crypto pairs with US Dollar, Prime XBT also supports trading of crypto-BTC pairs.

PrimeXBT Trading Methods

Clients of the exchange have access to over 30 global markets instruments. Trading Methods:

• Crypto Trading (Long/Short Positions)

A popular way to make money is in the stock market. Long positions are designed to buy cryptocurrency with the expectation that its price will rise and subsequent sale. Short positions work the other way around and allow you to make money in a declining market.

• Indexes

Index trading allows a trader to make money by selling stocks without owning any real assets.

• Forex

Traders profit from the rise and decline of national currencies on the PrimeXBT platform.

• Raw material

Customers can buy and sell a variety of commodities: gold, platinum, oil, as well as other energy assets and precious metals.

Coveting

Covesting, or Copy trading, is a module that allows you to team up with one of the lucky cryptocurrency traders and make a profit using proven strategies. This is a trading space where Prime XBT is an organizer and an experienced trader, and a beginner is a participant in the transaction. An experienced user offers the novice trader his knowledge and strategies for working on the stock exchange. A novice trader trusts him to manage his money so that it multiplies.

The trader who offers his services is called a manager. Must have your own capital (minimum 0.001 BTC) and a clearly formulated trading strategy. Beginners choose managers in the “Ranking” section.

PrimeXBT fees

According to PrimeXBT reviews , the fees stick to the usual 0.0005 BTC per transaction. A commission is charged every time you open or close a position:

• 05% for cryptocurrencies
• 0.01% for indices and raw materials
• 0.001% on Forex market

You can find updated information on commissions and financing on the official website.

PrimeXBT Security

PrimeXBT is an exchange with the highest Security Status. The platform stores customers’ money on cold wallets.

The exchange successfully repels DDoS attacks through the use of Cloudflare technology. Any transactions and data transfers are carried out here via SSL protocol. Additionally, customers can connect the 2FA option to ensure greater security.

The company’s servers are hosted on Amazon Web Services, which is a guarantee of their physical security.

Registration on the exchange

To start trading on the stock exchange, go through a simple registration. This procedure takes no more than 1 minute. After registration, fill the deposit and start trading.

So, to register you must:

1. Enter your email address.
2. Create a strong password.
3. Retype password.
4. Accept the Prime XBT terms.
5. Fare Clic Su “Register”.

Deposits and withdrawals on Prime XBT

To start trading, you need to register an account and deposit funds into your account.

Deposits

Account top-up is only possible in BTC. To replenish your account, click “Deposit” in the top left corner of the home page.

If you don’t have cryptocurrencies, purchase Bitcoin in the “Alternative Deposit” window located on the right.

To do this:

1. Choose a cryptocurrency or fiat currency (USD, EUR) from the list.
2. Specify the amount of the selected currency.
3. Fai clic su “Exchange”.

Subsequently, you will be transferred to the next step, where required:

• Please enter your email address.
• I followed the Captcha procedure.
• Fai clic su “Proceed”.

In the final step, make the cryptocurrency wallet address where you need to send your chosen cryptocurrency to exchange into BTC.

As soon as the funds arrive in the account of the cryptocurrency exchange service, your balance on PrimeXBT will be replenished in BTC.

Withdrawals

To withdraw crypto, you need to log in to your personal account on Prime XBT. Then click the “Withdraw” button on the “Account” tab. Now you have to transfer funds from the trading account to the wallet because the withdrawal is made only from the wallet. Enter the destination and amount, then click on the “Confirm Withdrawal” button.

There are currently no deposit and withdrawal fees on PrimeXBT.

PrimeXBT Deposit Bonus

Users who made the first deposit receive a bonus from the exchange. The PrimeXBT reward amount depends on how much money the Trader has budgeted.

The maximum deposit bonus amount is 35%. The minimum deposit amount to receive the bonus is 0.001 BTC. The maximum bonus for new customers after depositing money into the account is 1 BTC.

Financial leverage

Prime XBT provides leverage to clients. It is thanks to this possibility, the trader can take a position that is 100 times the current account balance.

The maximum leverage for trading fiat currencies, indices and commodity assets can be up to 1000:1, depending on the size of the open position.

Cryptocurrencies can be traded with 100:1 leverage.

A mobile application

You can trade on this exchange on the go with the PrimeXBT app. You will find the app on Google Play.

Download the app and trade assets in these categories:

• Cryptocurrencies;
• Forex;
• Raw material;
• Stock indices.

The mobile application interface is intuitive and easy to navigate. You can manage complex programs and control your account, as well as make deposits and withdrawals.

Support service

Prime XBT customer service is available 24/7. The team is highly knowledgeable, courteous and available to provide assistance.

Customers can ask a question using these support channels:

• Email – support@primexbt.com e info@primexbt.com.
• Chat web.
• Social network.

Reviews

So, read some PrimeXBT reviews:

Gianni

“The PrimeXBT exchange offers a real chance to conclude profitable transactions and earn good money. For 8 months of collaboration, I have never had any problems with withdrawing funds.”

Patricia

“I recently found the best option for additional earnings. This is a Prime XBT project. I like that on this platform you don’t need to start a large capital, you can open an account with $50! And most importantly, here you can copy the transactions of experienced traders!”

Constantine

“I have been trading with Prime XBT for a few months. I especially like the mobile application, as it is not inferior to the web version in terms of functionality.”

Conclusion

Prime XBT is a popular exchange providing services for the third consecutive year in around 150 countries around the world. It was chosen because, judging by the PrimeXBT opinions , it has many advantages: customizable terminal, maximum protection of personal data, high security, low commissions (average 0.05%), leverage 1:100, possibility of using the site’s services via iOS/Android mobile apps and much more.

FAQ

Can I use PrimeXBT in Europe?

Yes, if you reside in a European country, you will have access to this exchange.

Is PrimeXBT a scam?

It is a reliable platform that works in accordance with legal requirements. Customer reviews prove that PrimeXBT is legal and safe.

Does PrimeXBT offer social trading?

On the platform you can participate in social trading.

Does PrimeXBT offer Covestiing?

Yes, Covesting is present on PrimeXBT.

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