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Don’t PrimeXBT.com Review Unless You Use These 10 Tools

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This platform is universal, as it provides an opportunity to work with assets of different markets. This symbiotic relationship creates a win win scenario – strategy managers earn a percentage of the profits made by their followers, while followers enjoy passive profits without the need for hands on trading. While PrimeXBT offers a user friendly interface, the platform’s high leverage and security concerns may be challenging for beginners. Experience hassle free deposit and withdrawal options with PrimeXBT. When it comes to trading on PrimeXBT, the platform’s real world performance is of paramount importance. Additionally I have noticed that because of the spread and the difference in price along with the fees, the price action is only about taking out stop losses in most cases. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. We understand the importance of risk management, especially with high leverage, and appreciate your suggestion regarding phone support. Yet to get my own money. Registered Address: Tower Financial Centre, 12th Floor, 50th Street and Corner of Elvira, Panama City, Panama. PrimeXBT may commingle Client Margin with other Clients’ or PrimeXBT’s funds or Virtual Assets, while keeping Client assets segregated from PrimeXBT’s own assets. The latter will not apply if you enter and exit the position within the day.

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What's Right About PrimeXBT.com Review

Where can I find the tutorials?

The spreads can vary based on market conditions and the specific instrument being traded. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent. Earn additional giao dịch với PrimeXBT income through the PrimeXBT referral program by inviting friends and colleagues to trade on the platform. 3 billion fine for failing to comply with AML regulations. If you have any further questions or require assistance, please don’t hesitate to reach out to us. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. False information leads to account restrictions, reinforcing platform credibility. Registration is free and takes only a minute of time and a few short clicks. Positive feedback often highlights the platform’s reliability and user friendly interface, while areas for improvement include customer support responsiveness. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. To begin, users will be greeted with a familiar PrimeXBT account login landing page. This gives you an in depth overview of the operational status of the trading engine, deposits/withdrawals and website.

PrimeXBT.com Review Experiment: Good or Bad?

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We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Although the mobile app is user friendly, the order forms are complex and can be overwhelming for new traders. Looking at the ratings on the App Store, the PrimeXBT app does not do well either. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. To start trading on PrimeXBT, create an account, verify your identity, fund your account, and explore the available trading pairs. Though PrimeXBT is technically regulated in the EU, this only applies to Lithuania, and the only other country where it’s been approved is Saint Lucia. This is optional because some traders believe and hang onto the longer term trend. Android users rate the app at 4. Therefore, you must avoid a margin call at all costs. The platform caters to a diverse audience, ranging from novice traders to seasoned veterans. 24 hour trading volume is $1407366576 USD. These promotional offers can significantly move trading and reduce overall trading costs, but it is important to evaluate whether they offer real value. 📊 The interface gives a snapshot of your accounts and funds. Define risk with stops beyond the pin high/low to capture 5 15 pip movements. Polkadot, a protocol that allows data or assets of any type to be transferred between blockchains, making a wide range of blockchains interoperable, with its DOT token serving a utility purpose. This growth was influenced by significant factors such as PayPal’s adoption of Litecoin and the overall growth of the crypto market. Enter your nickname to participate and accept the tournament rules check the box. Learn more about Baksta’s Legal Terms. Trading Fees: The platform charges a flat trading fee of 0. 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. They select the isolated margin mode and post 4 BTC worth of initial margin, with a liquidation price set to $970. There is also a variable overnight financing fee in place, but we could not verify the exact figure while reviewing the platform.

Covesting Copy Module

So, should you use mobile trading. Follow these steps to set up your PrimeXBT account. PrimeXBT in its current form processes $1+ billion in daily volumes, is connected to 12+ liquidity providers, has three offices in different countries, and maintains a workforce of over 150 staff. Withdrawal requests made before 12:00 UTC are processed on the same day, but requests made after 12:00 UTC can take up to 24 hours to process. There are plenty of no KYC exchanges, decentralized exchanges, and P2P trading platforms that won’t ask for your personal data to trade crypto. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. Grow your reputation and watch as your followers and earnings increase. 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. This is because the platform provides technical solutions for buying and selling currencies, and liquidity is provided from partners. Scan the QR code with your device’s camera and get APK file. As we have discussed above, we can add custom widgets to any of the workspaces. Our aim is to equip you with the knowledge needed to navigate PrimeXBT’s fee structure effectively. Ethereum also had its own ETFs approved by SEC. The Ripple Payment Network launched in 2004, with founder Ryan Fugger at the helm. Trade volumes of $700,000+ CFD and Crypto Futures. 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. However, the value of XRP quickly decreased due to market domination and investor concerns regarding the ongoing SEC vs Ripple case, resulting in a minimum price drop. UK online trading platform Future Market Segmentation. This article covers all you need to know about the PrimeXBT affiliate program.

Implementing Effective Risk Management

These products are not suitable for all investors. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Covesting Yield Accounts on PrimeXBT do all the hard work of searching for staking opportunities so you don’t have to. Copy trading is a real game changer for beginners. A platform with both advantages and limitations. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. 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. Slippage can occur for a number of reasons. This emphasis on security provides users with peace of mind, knowing their investments are in a safe and secure trading environment. And as a result, Bitcoin projected growth is expected to be substantial and reflect its true value as a global currency. PrimeXBT is a perfect match for copy traders. These products are not suitable for all investors. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. This exchange runs on Ethereum’s Layer 2, utilizing the StarkWare engine to enable faster and cheaper transactions. However, its unregulated status and limited asset selection may deter some users. You have the option to receive information about your open positions by email. Something that you may have noticed is that PrimeXBT does not require any forms of identification when you sign up. It also gives them the ability to reach out to customer support right there in Telegram. PrimeXBT is a popular platform known for offering a wide array of trading products, including cryptocurrencies, forex, commodities, and stock indices. Dogecoin may have started as a meme but, due to its extremely loyal fanbase, and support by significant organisations, including charities and businesses, it has matured into a viable investment opportunity.

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Polygon price forecast for 2027 indicates that POL ex MATIC could range between $2. PrimeXBT is an excellent cryptocurrency and crypto futures trading platform for traders who are looking for a way to use Bitcoin BTC, Ethereum ETH, and stablecoins USDT/USDC, or fiat accounts as margin collateral to trade cryptocurrencies and traditional markets. It has gained popularity for its crypto margin trading capabilities. Most of the time, you’ll get stopped out again. Find out how we combat fake reviews. الرقم الموحد: 920004010 الجوال: 0599666566. Make a deposit to your personal PrimeXBT Wallet. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Trade 30+ assets including Crypto, Commodities, FX, and Indices anytime, anywhere. Visit our Help Centre. For privacy focused individuals, non KYC exchanges offer a sanctuary. At present, the exchange serves clients in over 150 countries, providing sufficient liquidity and a variety of trading instruments.

Risk warning

Completing any deposits for us was simple and straightforward. The bot allows users to view their core account statistics, which include account balances, trading performance metrics, and other relevant information directly through the Telegram interface​​. PrimeXBT ranks as one of the best platforms for shorting Bitcoin. The price depends on many variables, whether economic, regulatory or technological, that can’t be anticipated years in advance. Copy trading is an excellent opportunity to earn profit for both active traders who wish to manage a Strategy as well as for anybody who wishes to earn a passive profit by following successful Strategies of other traders. Enter the amount you want to deposit. As we approach key monetary policy decisions, jobs data releases, and the upcoming U. If you need any further assistance or have suggestions on how we can improve our resources, please reach out to us at. Launched in 2018, the platform has quickly gained popularity due to its high leverage options, innovative features like the Covesting module, and a user friendly interface. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. PrimeXBT has cool features like copy trading, where you follow top traders. For those without existing PrimeXBT Crypto holdings, acquiring digital assets becomes a breeze. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia.

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I honestly like this platform, provides good spreads, doesnt require KYC and allows you to trade different indices and commodities using XBT. 50 area, and this could be a significant barrier to overcome. You have crypto rewards waiting to be collected. This average customer rating is based on 15 PrimeXBT customer reviews submitted by our visitors. As soon as you’re happy with the order, you can go ahead and press «Send order. Getting started at Bybit is very simple, and if you are a citizen of the United States of America, you can follow the steps above. However, make sure you understand the damage that misplaced margin trading can cause before you undertake it. Bitcoin’s history is marked by periods of rapid price increases followed by corrections. It’s often these assets that are extremely oversold that perform the best during the next bull market. PrimeXBT is a well established CFD exchange that offers the ability to trade various assets, including crypto, stocks, forex, commodities, and indices, making it a popular platform for different types of traders. 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. We’ll put it to the test, with verification successful while waiting for the outcome. Information regarding past performance is not a reliable indicator of future performance. Make sure that you practice adequate risk management. Copy trading is an excellent opportunity to earn profit for both active traders who wish to manage a Strategy as well as for anybody who wishes to earn a passive profit by following successful Strategies of other traders. According to an alternative program, you can be credited $40 1,250 for each client referred. Well, the extent of their service can’t be summed up in a simple paragraph so our team has compiled a thorough review for all of our readers to make use of. Net is a trading name of Tokentalk Ltd. Two companies are behind the Brand PrimeXBT : PrimeXBT Trading Services Ltd, Prime Technologies Ltd. Third party service: you can use third party service, such as Coinify TC, which allows you to buy BTC, ETH, USDT, and USDC using your bank card, SEPA bank transfer and have it transferred to your Prime XBT wallet. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. These promotions may include deposit bonuses, fee reduction offers, and promo codes that enhance trading opportunities. Get access to a wide range of trading, investing, and Crypto services from a single app. So, with $1,000 and 5x leverage, you could control a position with a $5,000 notional value. They have to deposit their first amount and enter the promo code ‘TMMBONUS’ to receive the bonus within 24 hours. Again, the advantages of taking Bitcoin as part of your salary is that you can instantly use it as a savings investment in the traditional buy and hold method. The platform lacks niche tokens or memecoins and does not have a launchpad or new project area, making it unsuitable for traders who want to trade the latest tokens. Out of 177 reviews, 59% gave PrimeXBT a 5 star rating, showing high satisfaction. Moreover, the fee changes based on the network, such as withdrawing USDT will cost you 10 USDT as an ERC 20 token and 0.

How does trading CFDs using leverage work?

Bybit vs PrimeXBT: Which is more user friendly. Click Download and confirm the file download if you see a warning. 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. PrimeXBT is committed to continuous innovation and client centric improvements. To deposit PrimeXBT supported Crypto held on an external wallet, go to the Main page,. 11B, a strong indication that DOGE is a highly valued asset. Everything is clear here, even though I’m completely new to this business and I don’t understand a lot. Now, let’s focus our attention on the less positive elements of the PrimeXBT Crypto Futures review. Through 24/7 live customer support and advanced tools, we empower our users for trading success. This user friendly app integrates all the powerful features of PrimeXBT, enabling you to execute trades, track market developments, and manage your investments on your Android device, wherever you are. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. Since its founding, PrimeXBT has grown substantially and now serves clients in over 150 countries and is a well known and respected exchange for providing clients with access to top tier liquidity and robust trading tools. PrimeXBT offers a mobile app for iOS and Android, rated 4. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. You can track the status of your promo codes under the ‘Promo campaigns’ section. PrimeXBT Deposit :On PrimeXBT we offer Direct Crypto deposits from your personal crypto Wallets as well as alternative Deposits via Bank/Credit card/SEPA Transfers. Learn more about their campaign rules, accepted traffic sources, and promotional materials today. PrimeXBT offers a user friendly interface and advanced trading features such as leverage trading. The app connects users directly to the markets, making trading smooth. Receive the latest news and stay informed. Since you don’t have a direct influence on what trades your followed trader will open, you’ll have to deal with liquidity risk. Available on all browsers. If you need any assistance, don’t hesitate to contact us at. And for those clients who want to improve the cybersecurity of their investments, the platform offers several solutions. This means if a position starts to move against the trader, it can eat into the entire account balance to prevent liquidation. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. However, PrimeXBT does offer CFD’s contracts for difference, which are similar to perpetual futures instruments. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC.

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I verified my account and deposited it with my MetaMask🦊 wallet. Tournaments for traders. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. Make your Crypto work for you by using it to trade 100+ markets on our platform. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Establishment: PrimeXBT was founded in 2018 and registered as Prime XBT Trading Services Ltd. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Unrecognized or Partially Recognized Jurisdictions. Both exchanges have optional KYC, and fiat deposits. Bitcoin, as the oldest, and biggest cryptocurrency, has made gains of 9 million percent in 10 years; there is no other asset on earth that has competed with that. Date of experience: June 30, 2024. PrimeXBT serves over 150 countries and handles more than 1 billion USD in trades every 24 hours. PrimeXBT has taken all the necessary steps to implement impenetrable security. Our website uses cookies. Over the years, PrimeXBT has expanded its offerings to include traditional financial instruments like forex, commodities, and stock indices, further broadening its appeal. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Frequently Asked Questions. This award winning avenue gives beginner and expert traders the best way to venture into cryptocurrency trading. Handelaren kunnen hun succesvolle strategieën delen op de covesting module van PrimeXBT, waardoor ze de kans krijgen om te verdienen aan de succesvergoedingen die door hun volgers worden gegenereerd. Any withdrawal started after 12:00 UTC will be postponed to the next day. The copy trading module on PrimeXBT is extremely user friendly, filled with a wide range of information about potential individuals and bots to copy from. 5975 and an average price at $0. 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. For traders who want to keep their finger on the pulse of the market and not miss opportunities to open profitable deals, there is a mobile application PrimeXBT. Minimum ADA price targets fall short of revisiting the asset’s current all time high.

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Follow these steps to set up your PrimeXBT account. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. PrimeXBT has further helped users pick their ideal trader to copy by creating a Wall of Fame. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. PrimeXBT regularly reviews its fee structure to stay ahead of market trends, remain highly competitive, and look to pass on any possible savings to our users. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. The upcoming US inflation data CPI is expected to ease to 2. Trading Platforms by Deposit. Best regards,The PrimeXBT Team. 36 and is presently trading. ” should know that the most popular crypto derivatives are futures and options. Nothing can be quite as frustrating for a trader than an exchange that takes a long time to respond to their questions or customer support queries, especially when open trades and live money is on the line. These platforms are available in the Client’s Personal Cabinet, they do not need to be downloaded and installed. 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. With no minimum deposit, low commissions, advanced technical analysis tools, and copy trading features, PrimeXBT has emerged as a popular option among crypto traders. This will allow the trader to define specific levels for entries and exits. Though founded and registered in Seychelles, with offices in St. When choosing a trader, it’s easy to make the mistake of focusing too much on a trader’s performance. While withdrawing to a bank card is the fastest and most convenient option, the extremely high fees are a major drawback. The spread will be variable in most CFDs, meaning that for a bid price to be valid, there needs to be somebody there willing to buy the contract. We will start this PrimeXBT review with some words about the platform in general. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies.

Businesses

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. Crypto exchanges are notorious for their often poor customer support, and fortunately, PrimeXBT is an exception in that regard. PrimeXBT offers mobile apps for iOS and Android, providing the same trading instruments. 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. Here are 8 tips for writing great reviews. The platform provides a variety of free deposit options for both crypto and fiat. This bonus is added to your trading account and can be used for trading, increasing your capital. For withdrawals to fiat currencies through methods such as Advcash, Perfect Money, or Alternative Payments Methods, PrimeXBT might impose a processing fee. Bybit is a cryptocurrency broker based in United Arab Emirates that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies. Receive the latest news and stay informed. Its intuitive interface simplifies navigation for beginners, while educational resources empower informed decisions. This intuitive trading platform caters to the needs of both beginners and experienced traders. PrimeXBT integrates TradingView charts, which is a nice feature. These businesses are very diversified in terms of industry and scope and includes the local leader in ecommerce fulfillment Mailpac, the largest private transaction processing company in Jamaica ePay, Jamaica’s leading player in ice manufacturing and distribution Pure National Limited, the Jamaican arm of the world’s largest car rental company Hertz, Jamaica’s fastest growing water provider JamAgua and several other industry leading platforms in Jamaica, Florida and West Africa. This can happen due to slippage or if the displayed chart price is based on the bid price, and your order was triggered by the ask price. I also tested the fiat withdrawal process, using Volet. USD, EUR, and GBP options available. 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. PrimeXBT features low trading fees, a seamless trading experience, advanced copy trading, and high withdrawal limits for verified users. By subscribing you agree with Finbold TandC’s and Privacy Policy. You can get this for iOS and Android devices, and it offers you an equally convenient way to enjoy margin trading and use all of the technical indicators effectively.

Open free account

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. Only One Active Bonus Per Transaction: PrimeXBT typically allows only one bonus to be active for any given transaction. Appeals to unban users will not be granted. Now, when it comes to the trading fees for cryptocurrency trading, there’s a flat trading fee of 0. What if I told you that you could remove that last consideration. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. The platform does not support trading of traditional financial instruments but provides high leverage and advanced trading features for crypto derivatives. This unregulated status may ring some alarm bells, but customer reviews are mostly positive with few complaints of the broker not paying out returns. Stop losses are perhaps the most effective tool in risk management when trading on leverage. EToro Our Recommended Crypto Platform. This transparent fee structure allows traders to calculate their costs upfront and optimize their trading strategies accordingly. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. These products are not suitable for all investors. Leveraging smaller price movements can indeed be a strategic approach, especially when combined with our low fees of only 0. Lastly, you can’t rearrange or resize modules on the desktop platform. In the illustration above, you can see that the current price action is positioned within the “re accumulation” phase. The platform offers its diverse customer base cutting edge products and professional trading conditions. Visit our Help Centre. Bit2Me is a cryptocurrency broker based in Spain that launched its service in and offers individuals to buy and sell more than 79 cryptocurrencies. This allows access to the markets. Crypto Futures: Users can trade perpetual contracts via the Crypto Futures platform. PrimeXBT presents an interface that’s both customizable and user friendly. Naturally, in this PrimeXBT Crypto Futures review, I’m focusing on the platform’s derivates services, but it should not be ignored that PrimeXBT copy trading is also a major part of its ecosystem. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All crypto assets can be bought and sold for US dollars.

Worse

2024 00343, having its registered office address at PKF Corporate Services Ltd. 2024 00343, having its registered office address at PKF Corporate Services Ltd. To contact support, users can simply type /help in the bot chat. As things stand right now, it has not caught on, but the same can be said for Bitcoin. While it does have some limitations, its unique offerings and strong performance make it a worthwhile consideration for seasoned traders seeking more. The app is available on iOS and Android platforms, providing a smooth, responsive, and user friendly interface that mirrors the desktop version. In the result of our compliance team or any PrimeXBT team member discovering a user has provided misleading information about his or her residency, the user will immediately have their trading account restricted. Just like anything, Day Trading requires a bit of time and effort, but it also requires some know how, and practice. By understanding how these markets work, you increase the likelihood of being successful. But, the transparency of this process raises questions. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. This can be good or bad, depending on whether or not the trade has worked out. 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. Many competitors are more transparent than PrimeXBT regarding Proof of Reserves and the handling of customer funds. Once you confirm your email, your account will be activated. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure.

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