How suitable is this platform for novice traders?
Apr 11, 2025
By: Arpit_Kata
2 Answers
Prime XBT is a versatile platform tailored for both beginners and experienced traders. Its standout features include an intuitive app, a broad selection of assets such as CFDs and cryptocurrencies, and high leverage options ideal for small capital traders.
Apr 24, 2025
By: reksprawal
Pretty suitable for traders of all levels, includign beginners. Trading itself is something you need to learn on, the platform is very welcoming. In case you have questions, you can contact support and they are quick on the answer.
Apr 17, 2025
By: IqbalBir411
What instruments besides cryptocurrencies are available on PrimeXBT?
Feb 06, 2025
By: KushalBadami142
3 Answers
PrimeXBT offers trading on instruments like forex (currency pairs), stock indices (like the S&P 500), and commodities (like gold and oil). PrimeXBT also allows users to trade CFDs (Contracts for Difference) on various assets, including cryptocurrencies, forex, commodities, and stock indices.
Great question and Primexbt is often undervalued, being mistaken for some crypto-only provider. Besides cryptocurrencies, PrimeXBT offers a lot of stuff! FX, stock indices (S&P 500, NASDAQ, FTSE 100), commodities (gold, silver, oil, natural gas), and base metals (aluminum, copper, zinc, etc.).
Mar 25, 2025
By: Dinesh_S42
It was a crypto futures contest that my friend invited me to and that’s how I joined primexbt… needless to say, I was not a perfect winner there. But it motivated me to check out what the platform has. Turns out it is a whole world of crypto features with a prompt exchange at reasonable rates, also an intuitive trading platform technically equipped, about 10 time frames to check the price and helpful widgets… impressed.
Mar 10, 2025
By: VasuKaran
What is the actual difference between offered crypto cfds and crypto futures?
Jan 23, 2025
By: mdrnavh2
PrimeXBT offers both Crypto CFDs and Crypto Futures, but they differ in key aspects. CFDs (Contracts for Difference) provide a way to speculate on price movements without owning the underlying asset, offering flexibility and potential for profiting from both rising and falling prices.
Crypto cfds is a derivative product which allows traders to speculate on the price movements without the underlying asset and mainly are available for trading in the brokerage companies. The situation with crypto futures is a little different, this is a contractual agreement to buy or sell a cryptocurrency at predetermined price and date in the future and mainly are available only on the crypto exchanges. So the rest of the decision is up to you, man!
Jan 24, 2025
By: RadheshyamPatla
key difference between "crypto CFDs" and "crypto futures" is that with CFDs, you are essentially trading the price movement of the underlying cryptocurrency without actually owning it, while with crypto futures, you are entering into a contract to buy or sell a specific amount of cryptocurrency at a predetermined price in the future, meaning you are obligated to settle the contract at a set date.
By: annrtkakde
Do you think PrimeXBT crypto exchange is an ideal place for trading the crypto market?
Dec 11, 2024
By: SunreetMohan
4 Answers
What can I say? Primexbt is a platform for crypto with competitive fees, overall, it’s worth a shot. To me, there is no ideal place because trading takes a lot of stress. Another question is if a platform doing everything to make it an ideal place? Here, the answer is positive. Choice of crypto is great, Easy to trade, explanatory charts and tools, easy payin and payout.
Dec 20, 2024
By: Amrit_Chandran490
Prime XBT is a versatile trading platform that lets you dive into various markets, including cryptocurrencies, forex, commodities, and indices. This cryptocurrency exchange is a good fit for: Experienced users looking for advanced features and opportunities designed to increase profitability. New users will enjoy the ability to copy the trades of experienced traders.
Dec 16, 2024
By: NilabamB84
PrimeXBT is a reputable and feature-rich crypto trading platform that caters to both new and experienced traders. Opening an account was hassle-free, it offers lower fees compared to other crypto exchanges, and its platform is very innovative for a seamless trading experience.
Dec 13, 2024
By: taian_devi
PrimeXBT is a crypto exchange that some consider a good choice for day traders, but it may not be suitable for everyone. PrimeXBT offers a range of trading features, including futures trading, copy trading, and trading in CFDs and FX. It also provides high leverage, which can support various trading strategies.
By: Revanenesh
Is there any trading asset you wish they added ASAP?
Nov 15, 2024
By: IshwarParikh
5 Answers
PrimeXBT allows users to deposit BTC, ETH, USDT, and USDC. Select which of these Cryptocurrency wallets you would like to access, and make a deposit.
I think that would be PEPE. I feel like this memecoin has a good potential, despite being a memecoin, People underestimate the power of memes and internet, so I think adding this one would be anice addition. Who knows ,mabye meme coins would be more popular than usual crypto :)
Nov 26, 2024
By: Vinay_Bansal
PrimeXBT allows users to deposit BTC, ETH, USDT, and USDC. Select which of these Cryptocurrency wallets you would like to access. The global accessibility of PrimeXBT means that regardless of your location, you have the opportunity to access its powerful features and trade a wide range of assets.
Nov 22, 2024
By: virgtiya93
The Company does not set any limits to the withdrawal amounts for registered Clients; however, the amounts may be limited by the conditions set in the payment systems through which the payments are made.
Nov 18, 2024
By: Abdpkr1992
PrimeXBT is technically a trading platform to begin with! Surprisingly, beside Bitcoin, we can even trade Forex here. The charts are useful in helping traders identify up and down price trends for the assets they’’re watching.
By: FAldeAli97
What is the difference between the primexbt Crypto Futures and Crypto CFDs?
Oct 26, 2024
By: k_padmanabhan
Bitcoin futures are only one type of cryptocurrency derivatives contract that involves BTC trading. The primary difference between Bitcoin CFDs and Bitcoin futures, is the term tied to each contract. Futures include an expiry date, while CFDs let traders open or close positions at any time. CFDs stand for contract for difference, and offer greater flexibility over Bitcoin futures.
The primary difference between Bitcoin CFDs and Bitcoin futures, is the term tied to each contract. Futures include an expiry date, while CFDs let traders open or close positions at any time. PrimeXBT is a trading platform that focuses on derivatives, such as CFDs and futures, and is designed for experienced traders. It doesn’’t support spot trading, margin, or options trading.
Oct 30, 2024
By: shigtnancy
Futures is when you predict the future trajectory of the asset, and in this case, it is crypto. The same as a usual futures contract. CFD is when you trade the asset without actually owning it, just the price. Like you can trade btc price without actually buying btc, it is much more convenient this way, and allows bigger leverage.
Oct 29, 2024
By: OmarKrish
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.
By: ashersha85
How do you think is it possible to be a successful trader and show high trading results if you are trading on the crypto market and traditional markets through the PrimeXBT trading platform?
Sep 24, 2024
By: Devendra_Lala
Yes, PrimeXBT is a trading platform that allows you to trade in both cryptocurrencies and traditional markets. PrimeXBT is a Bitcoin-based platform that offers CFDs for cryptocurrencies. PrimeXBT also offers CFDs for forex, commodities, and stock indices.
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
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
By: asaderfi82
Can you unveil the essence of covesting feature on the platform, is it like copy trading or what?
Sep 20, 2024
By: Rupal1_Goswami
Yes, PrimeXBT is a copy trading platform. Users can choose from a wide range of accounts, including both humans and bots. PrimeXBT offers copy trading for cryptocurrencies, forex, commodities, and stock indices.
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
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.
Do I just have one account for copy trading and normal trading here? And how do I avoid a margin call if they are combined?
Aug 20, 2024
By: Pranay_Kale
To avoid a margin call on PrimeXBT. Have a take profit level in mind when placing an order. Set your own margin limit above the required 25% to give yourself extra time to deposit funds.
Keep extra funds in your account to act as a buffer against market fluctuations. A good rule of thumb is to keep your account equity at least 30% above the maintenance margin requirement. Spread your risk across different asset classes and sectors to reduce the risk of falling below the margin requirement. Markets tend to trend for a very long period, so going with the trend increases your odds of success.
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
By: KeshavMalhotra
How do you feel about that this platform offers several other options besides trading crypto futures?
Jul 09, 2024
By: Satish7789
The trading platform is well-designed, making it suitable for both beginners and experienced traders. It includes valuable tools like advanced orders, multiple charts, and the option to copy other traders. The interface is intuitive, with easy access to various features and trading instruments.
PrimeXBT is a cryptocurrency exchange that offers leveraged trading for several digital assets, including Bitcoin, Ethereum, among others. Futures contracts are traded like normal spot trades, however, they can be leveraged, up to 200x on PrimeXBT.
Nov 21, 2024
By: TangthaS94
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
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
By: RevpkBitoo
Any advantage to using this over centalized/decentalized exchanges?
Jun 05, 2024
By: Tushar_Chokshi
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
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.
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
By: Ajay_Deep
What do you think about the PrimeXBT crypto exchange? Is it worth it to start trading through them?
May 08, 2024
By: Narayan_Sha
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.
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
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
By: Saurabh_Prakash05
What are the things most often mentioned in PrimeXBT reviews?
Apr 22, 2024
By: AryabhataK_r
PrimeXBT offers a diverse range of assets, including cryptocurrencies, forex, commodities, and indices. This makes it a versatile choice for traders seeking diverse opportunities. Cryptocurrencies: PrimeXBT provides access to a wide variety of cryptocurrency trading pairs.
Opinions on PrimeXBT include its user-friendly interface, diverse asset options, and leverage trading capabilities. I’ll just focus mainly on PrimeXBT. This company is a global leader when it comes to trading in the crypto financial market, it’s been around since 2018.
There is an awesome possibility to trade crypto futures at PrimeXBT. Which means I have a very appealing leverage for trading all the altcoins.
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
By: Prabhat_Mehta
How can I familiarize myself with their trading app if they don''t provide a demo account?
Mar 19, 2024
By: Mahmood_Amin
PrimeXBT offers new traders a risk-free way to test their skills and knowledge with a fully featured demo account. KYC verification is optional on PrimeXBT.
If a trading app doesn’’t offer a demo account, you can sign up for a free demo account with a broker of your choice. You can explore different markets, techniques, and how the market responds to your trades.
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
By: ObaidQ1
Is it really advisable for one to trade crypto with a leverage of up to 100X?
Feb 12, 2024
By: Daran_Poonlarp
PrimeXBT offers high leverage, up to 100x for cryptocurrencies and 1000x for forex. This allows traders to control larger positions with less capital. This feature is particularly beneficial for experienced traders looking to amplify their trading potential.
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
By: MishriBajpeyi
Can I trade and make a withdrawal without verifying my account?
Feb 01, 2024
By: Alejandro_G
PrimeXBT doesn’’t require mandatory Know Your Customer (KYC) verification, but KYC is required to use fiat services. KYC is important for adhering to Anti-Money Laundering (AML) regulations.
No, you usually can’’t trade and make a withdrawal without verifying your account. Making sure the money you’’ve raised from selling investments has "settled" in your account
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
By: Jorge_Martinez