Learn Exactly How We Made PrimeXBT Copytrading Last Month
Though the platform has a lot of positive reviews and few complaints, and a long history of satisfied traders, this is still an important consideration. Join our official communities. 📱 Dive into PrimeXBT’s trading app for access to 100+ markets with trades starting from just $5. Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. 05% on all cryptocurrency trades and offers a transparent fee structure. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. The PrimeXBT account registration process takes only a few minutes to complete. Limits often include minimum and maximum transaction sizes, daily withdrawal limits, and exposure limits. Bitcoin has a margin requirement of 1% 1:100 leverage. While PrimeXBT offers significantly higher withdrawal limits compared to competitors like Binance and Bybit, the absence of key security and transparency features, such as Proof of Reserves, security audits, and insurance coverage for user assets, may be deal breakers for casual traders. By adhering to these limits, traders can avoid potential delays and optimize their trading strategies. Now, above the coin chart, you will see two buttons – Sell and Buy the selected asset – in this case, Bitcoin. Usually, there is a chat icon on the bottom right corner of the website where they can initiate a conversation. Open the downloaded file and tap Install to complete the installation. If you have decided that you would like to try out the PrimeXBT platform then you will need to register an account. Content is not intended for US, EU, UK, NZ, ISR, TR or ID residents. Any withdrawal requested after 12:00 UTC will be processed on the next day. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. This will be done automatically on your platform without any interaction needed. Trading extremely volatile assets may result in huge gains, especially with more robust trading instruments like PrimeXBT. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. Contests let you experience actual market conditions using the full functionality of PrimeXBT risk free. 2024 00343, having its registered office address at PKF Corporate Services Ltd. With cash accounts, customers can only buy and sell assets to and from cash. You can earn up to 75% of the profits of those whose trades you copy. Industrial grade encryption and proactive threat detection heuristics ensure your API keys and personal data security. If you are on the winning side and see that it is time to exit a trade, what happens is that the platform freezes and goes to a blank screen, at this point there is no way of managing your position and once your back in, your profits are gone, stop loss hit and now your at a loss for the trade fees, overnight fees, and the stop loss that you were willing to risk. But does investing in XRP suit everyone that has access to it. We’re actively working on improving the Turkish version to ensure clarity and ease of use.
◾️Does Unrealized P/L include fees incurred for a trade?
Only an extremely small portion of digital assets are ever held on hot storage for the highest level of protection. Investors want to think about having a diversified portfolio that accounts for the varied opportunities and hazards that various cryptocurrencies bring. After the user’s identity is verified, an account is usually opened for free. The fee for a Lumens transaction is 0. In conclusion, PrimeXBT stands out as a powerful and versatile trading platform for traders of all levels 🌐. Unlike most exchanges today, KYC verification is optional on PrimeXBT. Input the promo code you’ve obtained into the appropriate field and click “Activate. These services are governed by the legal terms and conditions of PXBT. These products are not suitable for all investors. 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. That’s why we offer some of the lowest fees on the market. A third party Bitcoin purchasing service helps a trader quickly buy coins with the use of a credit or debit card. Once an account is funded, traders can access a wealth of cutting edge trading tools and risk management protections, including stop loss orders, built in charting analysis software, and much more. PrimeXBT offers various promotions for both new and existing users, including a referral program, an affiliate program, and bonus rewards for users. To activate a promo code on PrimeXBT, log into your account and either go to the ‘Hub’ section and enter the code under ‘Promo code’, or use the ‘Margin’ page. PrimeXBT takes pride in offering this feature as part of its unique selling proposition. Leverage trading also known as margin trading is a method involving borrowed funds from the exchange. These are hosted on AWS web servers which are known to be one of the best in the industry. Best regards,The PrimeXBT Team. ➡️Indices – Namibian traders can trade on eleven global stock indexes with PrimeXBT, providing exposure to top firms across various industries without selecting specific equities, allowing them to bet on market direction. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. The fee will remain the same regardless of the amount being withdrawn. You can customize the dashboard however you like. And if you’re on the go, you can use PrimeXBT’s mobile app to access your trading account and monitor your trades – anywhere, anytime. Being licensed shows its commitment to following the law. Copy traders can earn up to 75% of the profits, while experienced traders can earn additional income by acquiring followers and sharing up to a 20% profit share from their strategies. The platform’s robust security infrastructure ensures a safe trading environment for all users. I have no bonus found. 500 and a stop loss of $44.
PrimeXBT Mobile Version
We strive to provide a comprehensive trading platform that caters to all our clients’ needs. Bitcoin is the largest cryptocurrency globally, and it was created more than a decade ago. The following data may be collected and linked to your identity. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT gives support all day, every day to its users. This necessitates robust risk management systems, increased capital holdings, and a more sophisticated infrastructure by exchanges, leading to higher operational costs. PrimeXBT products are complex instruments and come with a high risk of losing money rapidly due to leverage. Several experts have weighed in on the future potential of Polygon, offering a wide range of POL ex MATIC price predictions based on different factors like market trends, institutional adoption, and network developments. The third contract is the “Aggregating Contract. PrimeXBT customer support desk is excellent and available 24/7 either via live chat or email. These security features collectively ensure that PrimeXBT provides a secure trading environment, helping to protect users’ funds and personal information against potential threats. There are two types of advertising services on the website — direct advertising or partner broker participation programs. Comments: I have been using Prime XBT for 4 months now and I must say it’s really been helping me a lot with making crypto trading easy and efficient. Significant changes in volume can signal potential trend reversals or confirm existing trends. These features make it even less likely for someone to inflict damage by manipulating the market through the broker’s platform. It’s also a helpful shortcut for people new to trading, as instead of learning all the complicated stuff about trading, you can copy the moves of experienced traders in real time. We’ve got you covered with access to 100+ global markets on one platform. Some users appreciate its platform for the diversity of trading instruments and its customizable interface, while others PrimeXBT Partnership have reported challenges with customer service. Same as it works for EUR/USD, it does for crypto assets as well.
Get started in minutes
PrimeXBT doesn’t offer a dedicated phone line for emergencies. The concept of Moving Averages is relatively straightforward. These products are not suitable for all investors. Com regularly updates its rankings, ensuring you have the latest information on the best platforms to meet your trading needs. Be honest with yourself about your risk tolerance. These services are governed by the legal terms and conditions of PXBT. Our human support team is here to help 24/7, in your language. PrimeXBT offers margin trading to enhance earnings. I will try to simplify it for you. Researching Ethereum’s technology and the broader market is crucial. There are two ways to do that. In volatile, high risk cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. PrimeXBT turbo is a fascinating feature where you can earn more than 70% return on your investment in minutes. To get to the copy trading module on PrimeXBT, head to the copy trading tab at the top bar. However, it has become standard on most trading platforms. The risk of liquidity is often a neglected one in copy trading. When you borrow on margin, there is a bit of interest to pay nightly, so if you hold the position overnight, it is going to cost a small bit of interest that will be calculated automatically. Reply from PrimeXBT Copy Trading. With Bitbuy, they can seamlessly buy and sell Bitcoin and Ethereum, and easily view real time market prices. The platform’s high leverage can also be a double edged sword, as it can increase potential profits but also magnify losses.
Arbitrage
001 BTC or 100,000 Satoshis. Bybit also felt more modern, ergonomic, and was more aesthetically pleasing in my opinion and felt more akin to a crypto exchange. Binance offers an extensive range of crypto derivatives products in the market and supports a wide variety of altcoins. 2024 00343, having its registered office address at PKF Corporate Services Ltd. PrimeXBT’s fee structure is competitive, particularly for active traders, with transparent trading and withdrawal fees that are in line with industry practices. PrimeXBT follows KYC and AML rules for a safe and legal trading place. 05% for cryptocurrencies. AWS has a proven track record of industry leading digital and physical security. Choose PrimeXBT for a versatile and user friendly payment experience. Unlike futures contracts, for example, CFDs offer much higher leverage and lower trading costs, which benefits the trader. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. In the ‘Margin’ page, select the appropriate margin account, enter the promo code, and click ‘Activate’. By subscribing you agree with Finbold TandC’s and Privacy Policy. When 75% of the top performing coins perform better than Bitcoin over a period of 90 days, analysts consider it to be altcoin season.
Active Orders and Open Positions
To view your active bonuses on PrimeXBT, you can follow these steps. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and are not intended for UK consumers. Overall, you need the app for fast trading on the go to instantly access and manage your current trades. I am kinda surprised about their usage of percents to calculate the fees , spreads and comission insred of placing fixed numbers. When it comes to investing or spot trading alone, the only way to trade is through buying or selling assets on an exchange. If you don’t feel like you’re ready to trade Bitcoin yet, PrimeXBT features a copy trading module. If the app is unavailable in your region, you can still access it through direct download from our site. PrimeXBT is a top choice for traders, launched in 2017 and based in the Seychelles. This can increase both wins and losses. The main drawbacks are the lack of spot margin trading and the very limited number of available markets. With its global reach, it’s available in over 150 countries. We shall delve deeper, just give us a few seconds. This in turn should dramatically increases utility and demand for the ADA coin for use in these financial applications. Easy Start offers the $5 Reward for $100,000 trading volume. Jupiter Exchange Token JUP. Here are some important tips to know before trading Cryptocurrencies, along with some added tips for those that have been trading Cryptocurrencies for a while. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. You can place orders, monitor markets, and trade effortlessly.
The future of the blockchain
Note, the program is exclusive to PrimeXBT accounts. If you encounter any issues with claiming a bonus, contact PrimeXBT’s customer support for assistance. It is said that the U. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Deposits are made through third party services such as Coinify, Changelly, Xanpool, CEX. 30 by 2030 PrimeXBT. Margin requirements are clearly stated, ensuring traders are aware of the funds they need to maintain to keep their positions open. Benefits include up to 100% discounts on membership fees and up to 30% off trading fees. The PrimeXBT app brings the power of trading to your fingertips, ensuring you never miss an opportunity in the dynamic world of finance. Established in 2018, the company currently has over 100 trading assets available, 3 offices around the world, 12+ liquidity providers and enjoys an average daily trading volume of over $123,000,000. As a decentralized exchange, PancakeSwap will never ask you for personal details and there’s no KYC necessary. Spot trading involves buying and selling tokens you own, whereas crypto futures involves speculating on the future price of a cryptocurrency without owning the underlying asset, and often using leverage. PrimeXBT does not support spot or P2P trading, focusing exclusively on derivatives, which can be complex and unsuitable for inexperienced traders. They aren’t regulated by any authority, so there’s no guarantee that your money will be safe with them. Also, since cryptocurrencies have become a legitimate investment vehicle, many governments worldwide have introduced legislation to avoid the misuse or abuse of these crypto assets. OIL WTI/USD BRENT: Oil has been a fascinating commodity to watch lately, as ongoing economic uncertainty has continued to. Trading fees are low at 0. Step 2: Open Your MetaMask Wallet. These accounts are ranked based on activity, profits, and various other factors, making it easy for people to choose the perfect account for their needs. At the resistance level, the uptrend will pause as the selling pressure increases. For more information, please see our Cookie Notice and our Privacy Policy.
List of other interesting posts and discounts for you!
Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. In this section, we will provide tips on how to maximize the benefits of PrimeXBT bonuses. Monitoring market sentiment and news events is essential for predicting short term price movements. This may be a more prudent move as even the slightest amount of volatility can lead to an exhaustion of funds with 100x or 1,000x leverage. It’s all treat without. Overnight Financing: For leveraged positions held overnight, PrimeXBT charges an overnight financing fee, also known as funding fee. 12 milliseconds on average. OKX stands out as a top alternative to PrimeXBT, offering a broader range of crypto products and services, plus monthly Proof of Reserve releases for enhanced transparency. No, US citizens cannot use PrimeXBT as the platform restricts its services to users or residents of the United States of America.
Restricted Jurisdictions
A limit order is an order to enter a position at a specific price called the limit price. Cardano was late to the Crypto market compared to many others, but the altcoin Crypto asset is brimming with innovation,. Staying informed about market trends and news is crucial for making informed trading decisions on PrimeXBT. With simpleFX offers a wider investment portfolio, not only crypto. PrimeXBT uses TradingView charts, providing users with advanced and interactive charting tools for technical analysis across various markets. The platform delivers quick agent connections, but the clarity and attention to detail in their responses were sometimes lacking. The CFD has allowed traders to not only trade Forex but a multitude of other instruments as well. There are no guarantees that digital currencies will completely replace traditional money in the years to come. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum. Withdrawals are generally processed by the broker once each day between midday and 2pm GMT. We’re here to support your continued success and ensure your trading experience with us remains top notch. The Fee Reduction Bonus is a useful tool for traders looking to reduce their trading costs and increase the efficiency of their work on the PrimeXBT platform. This type of options trading is considered a relatively low risk, high reward way to trade. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. Credit and debit card payments for crypto are facilitated through third party services such as CoinFly, PayNow, and InstaPay. The PrimeXBT Euro 2024 giveaway has concluded, and one lucky trader has scored big. Level of security and safety offered by a certain cryptocurrency exchange. To add funds to PrimeXBT, log in to your account, navigate to the “Deposit” section, choose your preferred deposit method crypto, bank card, or fiat, follow the instructions to complete the transaction, and your funds will be credited to your PrimeXBT account. Verifying the legitimacy of the channel, cross referencing signals, and staying attuned to community feedback can serve as effective safeguards. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457.
Up to $7000 Tradable Bonus on your First Deposit💰
PrimeXBT has a refreshing approach to fees in terms of simplicity, keeping things easy. Regulated by the authorities in Cyprus. It’s also where you access your margin trading, turbo predictions, and covesting strategies features. KYC, or “know your customer” account verification. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Once your deposit has been successfully processed, you will receive a notification on the PrimeXBT platform, and the amount will be reflected in your account’s “Wallet” section. MultiversX Elrond EGLD. PrimeXBT Trading Services LLC St. Pearce currently serves as the Chief Executive Officer of Norbrook Equity Partners Limited. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. The mobile app is slightly easier to Corredor PrimeXBT navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. Yet, the real world performance of this well fortified ecosystem under trading conditions remains to be thoroughly vetted. As you may notice, trading signals offer more flexibility than automated copy trading. The entry barrier is relatively high and users need to have at least some background knowledge of options and futures.
TEDAVİLER
Even a small price movement that goes against your favor can completely wipe out your account if you overtrade. Gemini is easy to use and offers a variety of trading features and rewards. If you submit your withdrawal request before 12:00 UTC, it is typically processed on the same day. You also get full account management functionality in the palm of your hand. If you are going to put $100 in Bitcoin, this does mitigate financial disaster, and you can add to your holdings at any time in the future. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. It’s important to note that most cryptocurrency exchanges are still largely unregulated, so no exchange can be considered completely risk free. 02% for takers when you remove liquidity and 0. The Best Forex Brokers with a 10’000 USD Welcome Bonus Offer – Rated and Reviewed. Understanding the user base of PrimeXBT is crucial for grasping its market position and the trust it has garnered among traders. Click Download and confirm the file download if you see a warning. I closes the position and take the profit. Happy Birthday, Ethereum. However, as bearish sentiments took over in 2018, it closed out 2018 at around $0. These exchanges do not require users to undergo identity verification, allowing them to trade cryptocurrencies without disclosing personal information. This guide has unpacked the fundamentals of leverage trading in Crypto, exploring key concepts like leverage ratios, margin, and different trade types such as futures and derivatives. 0017 resistance, it could increase by 25%. You slowly end up losing money. However, the absence of custom price alerts was a notable drawback. Purchase crypto with 90+ fiat currencies. Click on ‘Referral program’ from the ‘Hub’ section on the main menu. ⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here. To begin trading, you must first decide how much money you’re willing to put on the line and invest. BUT there is a catch. The 20% Deposit Bonus applies to any deposits you make during the promo period, until you’ve claimed a total of $1,000 in bonuses. In addition to Crypto, the platform also allows trading in traditional financial markets, including Forex, Commodities, and Indices. 💹 Discover how our platform’s low fees, high speed execution, and flexible leverage are helping traders make the most of every opportunity. While some investors look to significant price movement. 01%, while on PrimeXBT, they were consistently over 0. Investing in cryptocurrencies comes with significant risk.
Trading and Transaction Fees
XRP was created by Ripple as far back as 2012 with a pre mined max supply of 100 billion tokens. Margin trading here is real cool. Com, which the website earns in the form of advertising payments. For example, in the EUR/USD pair, the Euro is the base currency and the US Dollar is the quoted currency. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. I made one withdrawal but with small capital. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. PrimeXBT does not charge fees for Crypto and Fiat deposits. There are some advantages to Dogecoin as well as some disadvantages. PrimeXBT has cool features like copy trading, where you follow top traders. Cryptocurrencies typically rely on blockchain technology, also called distributed ledger technology. Contact support if there is an unexpected delay. For new traders learning to trade, this can be a great way to gain exposure to trading strategies and be able to analyze how a successful trader approaches the markets. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Here are some of the main Pros and Cons you should consider from this PrimeXBT review. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. Let’s check the similarities and differences of each of them. 05% for most trades and providing special rates for crypto futures. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. How PrimeXBT defines the term is confusing at best misleading at worst. Prize winners The lucky winners. Closing your position typically happens when a stop loss order gets hit, and the case that your position goes against you, or when your limit order gets hit as your target is reached. Reply from PrimeXBT Copy Trading. Step Three: Select Trade Duration. Sciberras recommends investors keep an eye on inflation from the core personal consumption expenditures price index, or core PCE, which is the Fed’s preferred measure of inflation. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. For instance, the supply of Bitcoin is capped at 21 million coins, meaning that if there is a spike in demand, the prices tend to shoot. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. We found that there is enough information available for any customer to get their online trading career underway.
Check out our reviews of other companies as well
Copy your deposit address or scan the QR code. Do not forget to use our country list to find top exchanges available in your jurisdiction, because some on the list may restrict traders from your location. MetaTrader 4 MT4 is a widely used trading platform that offers a range of tools and features for both novice and experienced traders. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. Scan this code to download app. Once you feel you have the right strategy, it is time to test it out and tweak where applicable. New and existing customers alike will receive a deposit bonus on any deposits made in $BTC, $ETH, $USDT, $USDC, or other popular cryptocurrencies – for up to an $850 bonus. Lumens are most often used to pay transaction fees on Stellar. The section also has a few posts on industry analysis to get an overall view of what is happening in the market. Additionally, there are some allegations that he was actually investing in the meme coin behind closed doors. Volet deposits are free, while Perfect Money charges a 1. The crypto market has a section of large wallet addresses that hold a lot of funds. Always do your own research and consider both technical analysis and fundamental analysis before making any investment decisions. The PrimeXBT Academy is a special place for deep learning in trading. Scan the QR code with your device’s camera and get APK file. Visit PrimeXBT Platform and get 35% on Your First Deposit. Their response time has been instantaneous to a couple of minutes for me. 20 per IOTA coin, resulting in an over 90% drop from all time high prices. Before placing your Bitcoin trade, it’s important to decide how you want to trade Bitcoin. It is split into two. NASDAQ trading is when a trader implements technical and fundamental analysis to determine the best price levels at which they. Benefit from zero commission and spreads as low as 0. These resources provide valuable information and help users make the most of their trading experience on PrimeXBT. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. Copy traders can earn up to 75% of the profits, while experienced traders can earn additional income by acquiring followers and sharing up to a 20% profit share from their strategies. The technical specifications of this network will include security, performance and consensus.
Unlocked: Crypto Handbook!
The required margin is different for each trade, so make sure your account is appropriately funded. THE VOLATILITY INDEX VIX. If you have been using the exchange for a period of time and are comfortable with the service then you may want to consider getting involved with their referral program. Crypto buy, sell, and fiat exchange services are registered and regulated by the Lithuanian Financial Crime Investigation Service FCIS, but trading services are not regulated in any jurisdiction. When you look at the benefits of margin trading, you should be aware that they can offer significant gains over what would normally be the case, but at the same time, if you are not careful with the amount of margin that you take out, you may find yourself on the losing end of a much bigger than anticipated trade. IOS App: ● Android App. Trading involves risk. It is also very much worth to buy XRP because not only is it a smart choice in the Cryptocurrency space for its differences, it is also a coin that is on the lower side at the moment. Transfers between hot and cold wallets use multi signatures, which reduces the risk of a single point of failure. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. PrimeXBT does not levy withdrawal fees, but Namibian traders must pay regular network miner costs when withdrawing money in cryptocurrencies, guaranteeing transparent and cost effective fund withdrawals. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. The potential return for a correct guess is preset by the turbo feature. Below are a few more things to consider. The United States of America US Reportable Persons. Best regards,The PrimeXBT Team. PrimeXBT provides a good interface where you can easily see recent trades and historical performance of each expert trader. The service was i get hare it was very bad. Lastly, when it comes to withdrawals, PrimeXBT is one of the few exchanges that require a mandatory white labelling of Bitcoin addresses. For our trading test, we thoroughly evaluated the PrimeXBT platform. 071 USDT in trading fees. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. PrimeXBT Trading Services, S. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. Learning as much as you can about both the spot market and futures trading is one of the many things you can do to ensure your success; I guess you’ve already taken the first step by reading this article. This transparency helps you choose a trader you’re confident in copying. PrimeXBT may impose trading or deposit and withdrawal limits on an account until the requested documents are provided and the CDD is completed. Within a short period of time, PrimeXBT has grown exponentially and currently provides its services to clients in over 150 countries. PrimeXBT allows verified users to make unrestricted deposits and withdrawals for both fiat and cryptocurrencies, a feature not commonly found on other platforms. The goal of this growing industry is to do away with financial intermediaries like banks and other financial institutions.