PrimeXBT UK: Trade and Profit

025% rebate and taker fees at 0. PrimeXBT processes all pending withdrawals once a day, between 12:00 and 14:00 UTC. OKX has not had any security breaches since 2017. You can use received bonus funds for trading at any time. Along with a variety of global indices, traders can access major indices such as the SandP 500, NASDAQ, FTSE 100, and DAX 30. Additionally, we provide the option for cash/fiat deposits via alternative payment methods systems in Thailand, Vietnam, and Brazil. 11 in 2026, which is a 309. Taking a position is easy and straightforward, showing an estimated margin requirement and any potential profit or loss associated with stop loss or take profit levels. According to recent updates, they’re planning to reduce some of these fees even further. By following these steps, you can quickly return to your preferred configurations and continue trading seamlessly. The exchange has licenses, but its activities can not be called officially regulated. Are you an Apple user. When trading CFDs on PrimeXBT, the leverage you select reflects the amount of margin personal funds, you need to open a position. When you receive a margin call, you should either deposit additional funds to increase your free margin or close some leveraged trade to free up the used margin in your account. Vincent and the Grenadines to offer its products and services. A new box will pop up. 💰 Cold storage secures all customer assets, with manual daily withdrawals and thorough risk assessments, prioritizing fund security over transaction speed. However, if you’re experienced, you’ll likely appreciate these features, though the limited number of available markets, especially for niche altcoins, might be a drawback. If you have any other feedback or questions, don’t hesitate to contact us at. Any withdrawal started after 12:00 UTC will be postponed to the next PrimeXBT brokeri day. The customizable workspace allows you to set up multiple screens with different widgets like charts, order forms, current positions, and more. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. PrimeXBT frequently offers special promotions that provide traders with exclusive bonuses, discounts on fees, and other benefits. Xbt has high quality service through a devoted staff of financial specialists with initiative, and they were ready to supply me with good customer service when I needed it, not just helping but also guiding me through the entire process. Design is average, classic dark theme, I’d like to see some more color tho. The ability to validate transactions rapidly continues to be a major benefit of the network as well. It can be because there is limited liquidity in the market or it can be because the matching engine at the exchange is not fast enough. For a complete list of restricted regions, refer to Section 1.

User Experience on PrimeXBT

On the other hand, there’s a flat 0. US residents may find the exchange particularly appealing and it is one of the few exchanges that does not specify that services are restricted for US residents in its terms of service. Binance’s UI is also clean, but it tries to show too many things in a single window without providing the option of customization; this can overwhelm some traders. It helps traders reduce the costs of maintaining positions and executing trades, which can significantly improve their profitability. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. The platform uses many protocols to keep user assets and info safe. According to new data, over half of the blocks on the Ethereum network now reportedly comply with the US Treasury OFAC’s standards. Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. 5 based on the vendor or blockchain. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. You can also check out our detailed reviews on both Ledger and Trezor wallets. One of the key tools available on PrimeXBT is the advanced charting interface. Not a bit, but you know:All in all, solid platform, very fast and secure, commended. Attend exclusive PrimeXBT events, network with other clients and learn new skills. With Perpetual Contracts: Daily fluctuating funding interest rates for leveraged positions. Leverage trading in Crypto offers a way to do just that. So, those who don’t want to use them can fund their accounts with crypto purchased on other exchanges, such as Crypto. The Covesting module, in particular, is often highlighted as a valuable feature that allows users to follow and replicate the trades of successful traders, making it an attractive option for both beginners and experienced traders alike. Choosing one over the other is not an easy thing to do as they appear quite similar at first and both provide lots of features to the traders. Remember, margin trading is not suitable for everyone. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. There is also a profile rundown of how many followers are currently copying that strategy, a chart showing their performance, and a rating system. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457.

How Prime XBT Direct Works

Below, are the factors that make PrimeXBT stand out from the rest. PrimeXBT is a crypto exchange based out of the Seychelles, it’s one of the few exchanges out there which has their company registration there along with other prominent names such as Huobi and BitMEX. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Users can open accounts, deposit crypto, and start trading with just an email address. Below are some steps to troubleshoot and resolve withdrawal issues on PrimeXBT. The WEMIX Foundation has unveiled ‘una Wallet,’ a revolutionary digital wallet designed to offer unparalleled convenience and security in managing digital assets across various blockchain networks. Deposit and Withdrawal Fees. Com is provided solely for informational and educational purposes.

How Long Does It Take to Withdraw from PrimeXBT?

2024 00343, having its registered office address at PKF Corporate Services Ltd. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. Before diving into leverage trading, it’s crucial to understand the risks involved. Leverage is a powerful tool for professional traders but can cause significant losses if used recklessly. With an Ethereum ETF now approved, the Crypto market could see a similar boost as it did when Bitcoin’s spot ETFs were approved. Yet, applications are reviewed before approval. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. While ADA coin can be stored on a Ledger, Trezor, exchanges, or nearly any platform wallet, its native wallet is called Daedalus. Get to know the layout, including how to place orders, use charts, and manage risks. No, Cobinhood does not require KYC verification for basic accounts, allowing for anonymous trading. PrimeXBT is a crypto futures and CFD platform with over 100 listed assets. It’s possible, but it will probably not have a massive future. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms.

Trusted by over 1,000,000 tradersTrusted by over 1,000,000 traders

With new exchanges constantly flooding the scene, only the most innovative and trader focused deliver an environment to truly thrive. These fees cover the transaction costs associated with processing the withdrawal on the blockchain network. Best Wallet stands out as a top alternative to Binance for crypto enthusiasts looking for a streamlined and secure buying experience. As an example of buying on margin, let us say that an investor wishes to buy 200 shares of a company that is currently trading at $60 a share but only has $6,000 in their account. These are generally less common but can still affect overall costs. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. On the PrimeXBT platform, you can either buy or sell by simply clicking a couple of buttons. Easily buy 60+ Crypto with Visa or Mastercard. Given the recent spike in interest in bitcoin and other cryptocurrencies, you might be thinking about diving into the world of crypto trading. The trouble comes from not understanding or taking care of the risks involved. I contacted with them whenever I need and they replied quickly. Once logged in, you will have full access to the app’s features and can start trading immediately. However, you’ll need a cryptocurrency wallet that’s compatible with the tokens you want to deposit. Returns or profits may be subject to capital gains tax. 35% Deposit Welcome Bonus – Offer is about to expire, get it now: Sign Up Here. PrimeXBT’s trading platform boasts an impressive 99. We’ve also highlighted the importance of developing a well defined trading plan that incorporates risk management strategies. First, most banks have a limit on the amount of funds that can be deposited per transaction, which varies depending on the financial institution and account type. These wallets can’t be hacked because they’re not online. 39893819, and there is the potential for the Cardano price to reach $23. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. The PrimeXBT app is designed to provide traders with a powerful yet easy to use platform right in the palm of their hand. Join 1M+ traders who choose PrimeXBT as their go to trading platform.

Disclaimer

In addition to major currency pairs, PrimeXBT offers a range of minor and exotic pairs. In 2028, despite the ongoing market correction, we anticipate the price to maintain some level of stability reflecting Stellar’s strong fundamentals and its use in the banking sector, supporting an average price of $1. Furthermore, the analysts believe that Polkadot price will reach over $22 in 2026. This minimized my losses and still only cost 0. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Building a trading plan is crucial so that you are not simply guessing where the market is going to go. These instruments collectively improve the flexibility to leverage capital whereas managing risks in margin buying and selling eventualities. Uncover Bybit’s pros and cons, trading options, security measures, and other features of this crypto exchange. Head to the “withdraw” page and provide your Bitcoin wallet address. Also, traders can do perpetual swaps for bitcoins and Ethereum. The platform offers a very limited range of crypto futures markets and conditional orders. Dear Hassan,Thank you for sharing your experience with PrimeXBT’s trading contests. Dear Milton,We’re glad to hear you’re enjoying the liquidity on PrimeXBT. Another advantage of PrimeXBT is that you can practice leveraged trading on the PrimeXBT demo platform using fake funds. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. Information regarding past performance is not a reliable indicator of future performance. Time frames range from one minute to one month, allowing traders to conduct in depth market analysis of forex pairs and other trading instruments, irrespective of their trading strategies. The cryptocurrency market’s inherent volatility means that SOL’s price can fluctuate dramatically based on regulatory changes, market sentiment, and broader economic factors. The ETF, or Exchange Traded Fund, is an index of stocks and other assets that mimic a common theme. The platform supports various order types, including market, limit, and stop orders, providing flexibility in trade execution. In the next section, we will explore the regulatory environment in which PrimeXBT operates and how it ensures compliance with various regulations. Scan this code to download app. But what is KYC in crypto. Our human support team is here to help 24/7, in your language. Join the PrimeXBT demo contest and compete for a chance to win up to $10,000. Visit PrimeXBT Platform and get 35% on Your First Deposit.

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071 USDT in trading fees. Ready to take your trading to the next level. The platform undergoes third party audits, uses reliable oracles, and has bug bounty programs for security. Cardano’s price may fluctuate, but Cardano as a technology offers a unique two layer architecture, with current developments creating decentralized applications, and is constantly adding new features. Below is an in depth Fees and Spreads review regarding this regulated Forex Company, which will assist traders and allow traders to invest in their currency. For more information, please see our Cookie Notice and our Privacy Policy. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. It is also wise to enable two factor authentication and address whitelisting to protect the account from any unauthorized access. It’s worth noting that it was the Ethereum all time high, so it’s not surprising that the market struggled to stay that hot. This amount is required to create a strategy, and they will be temporarily blocked until trading on the strategy is completed and the strategy itself is closed. The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. The cost of opening a CFD position is usually covered by the spread, which means that the buy and sell prices will be changed to reflect the cost of initiating the trade. That said, the cap is a staggering 100 billion, and only half are currently in circulation. Launched in 2018, PrimeXBT has quickly established itself as a reliable and innovative platform, offering traders access to global markets with competitive fees and advanced trading tools. Thank you for choosing PrimeXBT. However, it has become standard on most trading platforms. A New Frontier in Blockchain Communication. Since you don’t have a direct influence on what trades your followed trader will open, you’ll have to deal with liquidity risk. Don’t worry, we don’t spam. With advanced trading tools and a user friendly interface, PrimeXBT is a popular choice for both novice and experienced traders seeking to profit from the highly volatile crypto markets. As an alternative, if you want to withdraw your funds in fiat more easily, you can transfer them to your Zengo wallet and then withdraw them to the bank account associated with your Zengo wallet.

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In order to trade the trend, the first step is to determine the overall trend of Bitcoin. In march 2024, Tesla CEO and Dogecoin enthusiast Elon Musk also hinted at the possibility of Dogecoin becoming an accepted payment method for the electric car manufacturing company. Keep an eye on this section to catch limited time offers. At PrimeXBT, we’re turning up the heat during the Euro 2024 tournament with an exclusive giveaway that could see you. By following these steps, you can quickly set up your PrimeXBT app and begin trading a wide range of assets. We have the fee breakdown for a selection of assets in the table below. Select the cryptocurrency pair they would like to exchange. The status of a withdrawal can be checked in the ‘Transaction History’ or ‘Withdrawal’ section of your account. Go to Settings > Security and enable Install from Unknown Sources if prompted. It would be nice to see the platform test the waters with API functionality as more exchanges introduce API functionality to their platforms. Coming to the main point, PrimeXBT’s trading platform is easily one of the most eye catching features of the platform. Additionally, users can earn bonuses for reaching various trading volumes, from $100,000 to $7,000,000, with rewards ranging from $5 to $1000. Log in and complete the KYC Know Your Customer process. Leverage for contest accounts mirrors that of real trading accounts. Information regarding past performance is not a reliable indicator of future performance.

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Trading cryptocurrencies can be done in a wide range of ways. It allows you to sit back while the platform’s most experienced professionals handle the exhausting number crunching, detailed analysis, and execution of winning trades for you. Our testing revealed that the platform is optimized for performance and efficiency, as seen by the remarkable simplicity of browsing multiple markets and the fluidity in completing trades. Org meets these criteria. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. 26% taker fees at the entry level which is not quite as competitive as the fee schedule for PrimeXBT which uses a flat fee schedule. Investing in cryptocurrencies like Bitcoin, Ethereum, and EOS can be confusing for those new to the emerging asset class and. Here’s where strategic planning comes into play. We would like to resolve this matter to your satisfaction and restore your trust. Security and Regulation. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. For residents located in these countries or traders who prefer spot trading which is more common, I recommend checking out our OKX review and Binance Review. Get the most out of PrimeXBT promo codes and personalize your trading to fit your preferences and financial goals. The historical security record for PrimeXBT is commendable, with no known hacking incidents, suggesting a robust and reliable system. Yes, PrimeXBT allows users to use multiple payment methods for their transactions, providing greater flexibility in managing funds. Something that we found particularly impressive about the app is that you can customise your layout to suit your trading preferences. By following these steps, you can take advantage of PrimeXBT bonuses, helping you to trade with more capital or at lower costs. No, I cannot trade for you. Neither PrimeXBT nor FTX can be used by US persons, and FTX instead offers a US version of its exchange whose trade offerings are far more limited than its parent global exchange and do not at all compare to FTX International’s selection. XLM is among the largest crypto assets on the market and is listed on most of the leading cryptocurrency exchanges. The volatile nature of the Cryptocurrency market often makes it highly unpredictable. ETH price has changed by 0. Yes, PrimeXBT provides a demo account feature that allows you to practice trading with virtual funds before risking real money.

Pros

If you speculate with 1 bitcoin that XRP price will surge against BTC in 24 hours and it does increase by 10%, you’d make a profit of 0. PrimeXBT aims to keep these fees competitive, but it’s important to be aware of them to avoid any surprises. PrimeXBT Turbo is another extra feature, if you are interested in fast, risky trading. However, overweight towards the leaders along with ongoing lawsuits could potentially undermine XRP’s future and seriously affect its current price. Step 5: Once you have confirmed the details, press ‘Send Order’. The exchange has an excellent reputation when it comes to complying with stringent standards. Not only does it offer you more liquidity, but it is a P2P platform that is also somewhat flexible in its payment options as it allows the user to make trades using debit and credit cards and via FIAT. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Carefully selected industry experts contribute their real life experience and expertise to BitDegree’s content. Visit PrimeXBT Platform and get 35% on Your First Deposit. I don’t need you to hold my wallet, Big Brother. 0005 BTC for Bitcoin withdrawals. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. In this article, we will explore various aspects of the PrimeXBT bonus, how to claim it, and strategies to maximize its benefits. Therefore, PrimeXBT stresses the significance of employing meticulous risk management strategies. Top Tip 💯: Enable two factor authentication when logged in it is not set as default. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. KYC is optional on PrimeXBT. These contests are fun, competitive, and give you a chance to learn more about trading. We think there’s no better place to start than with Stock Advisor, the flagship stock picking service of our company, The Motley Fool.

4 8

Just another smart contracts platform that aims to be faster and more efficient than Ethereum. We personally contact support using all available methods and present hypothetical problems that users might face. PrimeXBT products are complex instruments and come with a high risk of losing money rapidly due to leverage. Returns or profits may be subject to capital gains tax. For example, if the trader bought Bitcoin at $50,000 and sold it at $54,000, the profit is $4,000. With backend development already complete after a series of UI testing, phase 2 of the ETFSwap ETFS beta platform will introduce AI powered trading tools like ETF screeners and trackers to help users with market analysis and smart trading decisions. PrimeXBT’s trading platform boasts an impressive 99. Technical analysis is a methodology utilized to make sense of an asset’s anticipated long term value and growth prospects by examining chart patterns, trend lines, and other signals instead of statistics and data. Setting up an account with PrimeXBT is a straightforward process. However, there are some regions where PrimeXBT does not accept users, including.

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Forex Trading South Africa. Here are the pros and cons to trading on PancakeSwap. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. The crypto market has a section of large wallet addresses that hold a lot of funds. And though, Binance has consistently been dominating this sector; we understand that there is a need to consider alternatives to make up for the shortfalls in Binance. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. $2,000 by bank card. The platform’s robust security infrastructure ensures a safe trading environment for all users. It was founded in 2018 and registered in Seychelles, with a daily trading volume of over $375 million. 🇺🇸 Not accessible in the US and Canada 🚫 Not regulated ❌ No spot trading option. Not only that, but users also have an opportunity to trade not only cryptocurrencies but also Forex, commodities, and indices with the help of Bitcoin. Learn more about Baksta’s Legal Terms. Therefore, good traders are able to look for patterns and predict when the price of the coin will go up – and buy before then, and then note when the price is about to fall – and sell – which leads to big profits. The process generally involves. Yes, copy trading can be particularly suitable for beginners. We’re excited to have kyledoops and umutak47shawty sharing their insights. By offering a range of account types, PrimeXBT accommodates diverse trading needs and preferences, ensuring a tailored experience for every user. It may be used to trace and verify the provenance, flow, and caliber of commodities. Join our official communities. Short selling also offers the possibility of hedging existing positions, mitigating losses that could pile up due to short term volatility. This welcome offer can increase your profitability up to 35%. It stands out among competitors like OKX and BingX. PrimeXBT does not accept customers from countries such as: Japan, Canada, Cuba, United States, Israel, New Zealand, Syria, Iran, North Korea, Sudan, American Samoa, Russia, Myanmar, Outer Small Islands of the United States, St. Smart Contracts and DApps: Cardano’s introduction of smart contracts has opened the door to a burgeoning ecosystem of decentralized applications DApps. Additionally, DOT holders can participate in Polkadot’s governance by proposing and voting on protocol changes and upgrades. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts.

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2024 00343, having its registered office address at PKF Corporate Services Ltd. 0 – stake your ETH in exchange for bETH on their platform and earn up to 5. Open the downloaded file and tap Install to complete the installation. It also provides a breakdown of individual crypto and US dollar balances. However, it looks like this is changing as many previously unverified users are now receiving correspondence from MEXC asking them to complete verification by June 30, 2024, or withdraw their funds. If you have any questions about our spreads, trading conditions, or need further clarification on how we manage liquidity, please don’t hesitate to contact us at. By using PrimeXBT’s API, you can enhance your trading experience, create custom trading algorithms, or even develop your own trading applications. So, is PrimeXBT the exchange for you. 50 area, and this could be a significant barrier to overcome. Enormous information available on the internet makes it challenging to locate the right and functional promo code. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. PrimeXBT does not charge for deposit or wallet creation. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Deal breaker for me if they hold the account in BTC similar to Evolve. When you trade futures and you “go short”, you are selling the contract expecting the price of the Crypto to drop. This limitation restricts users from using payment methods directly supported by PrimeXBT, making it less convenient to deposit funds. We utilize Bitfury’s Crystal AML compliance software and blockchain monitoring toolset on all incoming transactions. To access it, navigate to ‘Hub’ and select ‘Referral Program. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. In conclusion, PrimeXBT stands out as a powerful and versatile trading platform for traders of all levels 🌐. PrimeXBT is a sophisticated online trading platform that offers a range of financial instruments across multiple asset classes such as cryptocurrencies, forex foreign exchange, commodities, and stock indices. Margin also lets traders long and short, as well as trade derivatives contracts like Futures, CFDs, and Options. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. In this case PrimeXBT’s Covesting Module allowed not only those followers of Satoshi Bets to profit from his incredible run, but the trader himself managed to pull $1. Whether you’re a new trader learning the ropes or a seasoned pro, PrimeXBT has resources that will perfectly fit your experience level. Additionally, you cannot set stop losses and take profits directly from the order form.

TRADING

CFD trading democratizes markets by lowering the entrance barrier. The withdrawal process on PrimeXBT typically takes between 24 to 48 hours. It was founded in 2018 and registered in Seychelles, with a daily trading volume of over $375 million. The affiliate dashboard offers real time tracking and analytics, allowing you to monitor clicks, sign ups, earnings, and other performance metrics. It’s rare for this to happen but it doesn’t stop people from trying. Understanding how overnight financing fees work is crucial for traders who hold positions for extended periods. These resources are here to cater to both beginners and experienced traders, ensuring that everyone can benefit from them. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. They also use Cloudflare’s technology to mitigate the risks of DDoS attacks. At the moment integration with third party charting services is not available. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. By following these steps, traders can easily change their leverage settings on PrimeXBT and optimize their trading strategy. In my experience, if you’re new to day trading, PrimeXBT might feel overwhelming, but experienced traders will appreciate the platform’s advanced tools and features, making it an ideal fit for seasoned traders. However, you can use third party services that allow you to purchase cryptocurrency using a card and then transfer it to your PrimeXBT account. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. Register and join our community with millions of traders from all around the world. There are many crypto indices that provide different types of exposure to the market. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Most of the funds that are held at PrimeXBT are kept in cold storage. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Considering its features and risks, PrimeXBT stands out for experienced traders but may not be the best choice for those new to trading or risk averse individuals. Once activated, the bonus will either increase your trading capital or reduce your fees, depending on the promotion. It is worth noting that Perfect Money charges the 1. Cold storage wallets are not connected to the internet, so they are immune to hacks. KYC is optional and up to both traders if they want to require the other party to KYC through the decentralized identity systems that OpenPeer provides. PrimeXBT only offers withdrawals once per day, but this is due to the cold storage method that assures such high safety standards are maintained and all customer funds are safe – it is worth the tradeoff in this case sacrificing the speed.