12 Best No KYC Crypto Exchanges for 2025

Dear Riaan,Thank you for your positive feedback. It allows you to automatically copy the traits that more experienced traders make, without having to analyze the market yourself. When you want to finally take profit, you can only sell Bitcoin to avoid losing value when the market turns back down. Her answers were timely and well informed. Chainlink price forecast at the end of the month 6. Security features include but are not limited to. It’s also important to note that the bonus might have certain restrictions on withdrawals, so be sure to understand these conditions before making any transactions. However, a substantial portion of ADA’s supply was already unlocked at launch. Get the industry’s favourite newsletter in your inbox every Monday morning. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access.

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Past Performance and Materials: Past performance is not a reliable indicator of future results. Next, we will discuss the steps involved in the KYC process on PrimeXBT. Conduct your own research by contacting financial experts before making any investment decisions. The strategy relies on quick execution and often involves high volatility. It boasts a user friendly interface and convenient functionality that rivals our mobile applications. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the “My Strategies” area of the platform. While this is not as common due to regulation, even though gold would continue to rise, your stock would lose money. However, it must be said that verification is not necessarily a disadvantage, because CFD brokers naturally offer a lot of protection and are regulated, which is not the case with PrimeXBT. Yet, hackers’ attention still remains fixed on the Ethereum network, and any other potential weaknesses which could make it an easy target to exploit. 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. Casual traders interested in digital assets can benefit from PrimeXBT’s extensive crypto offering. Personally, I secured my account using Google Authenticator and FaceID on my phone, and the setup process was quick and straightforward, taking just a few minutes. The agent responded within 5 minutes, offering detailed answers to some questions while completely missing others. Leveraged tokens provide traders with access to leverage, but without the liquidation or margin risks, which is a game changer. Calculation formula: Funding rate % Asset price Amount position size. Easily buy Crypto with Visa or Mastercard. What is the Affiliate Program On Primexbt.

Getting Started with PrimeXBT: The Onboarding Process

Of course, all of these methods are aimed at making money through cryptocurrency, but they are all very different from one another. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Your profit will be the difference between the borrowed amount and the sold amount. It allows you to follow and copy the trades of other Live handel auf PrimeXBT users and traders who have proven track records and high performance. No, you can never lose more than you deposit into PrimeXBT account. No deposit bonus still available. The platform is designed to make the process as seamless as possible, ensuring that traders can fund their accounts quickly and start trading without delays. We pride ourselves on giving you as many options as possible when it comes to your trading. Both operating protocols use proof of stake, offering another similarity. This real world learning experience is invaluable, encompassing market dynamics, risk assessment, and the psychological aspects of trading, beyond just theoretical knowledge. PrimeXBT has not been hacked and is generally considered a secure and trustworthy platform. While traders should be mindful of the risks associated with high leverage, PrimeXBT’s comprehensive offerings and positive user feedback make it a compelling choice for those looking to trade across global markets. PrimeXBT has implemented industry standard security features to protect user accounts, though it does not currently offer Proof of Reserves or audit data — a practice that many top tier platforms have adopted. This module ranks top traders by total capital and ROI, enabling users to invest in these funds and potentially earn a share of the profits. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. Remember, margin trading is not suitable for everyone. Day trading involves executing multiple trades within a single day to capitalize on short term market movements. 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. Divulging how many coins you own can make you a target of hackers and identity thieves. 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. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Select the Crypto you want to withdraw. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. His early work in the industry is part of what made the space what it is today. Click here to get an exclusive 35% Deposit Welcome Bonus on PrimeXBT. I have broken down the available order types on the platform below. I also like that although the charting interface looks and functions the same, traders need to switch between margin, spot, and derivatives trading, which in my opinion, keeps things more organized and less cluttered, helping to ensure traders don’t accidentally trade the wrong market. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles.

How to Claim Your Sign Up Bonus on PrimeXBT?

$20,000 or equivalent for unverified users. Trading cryptocurrencies can be done in a wide range of ways. An agent connected almost instantaneously to the chat. Active users across the world. This level of profitability is absolutely unparalleled within the rest of the cryptocurrency industry, with the potential for being able to double an investment typically taking significantly longer than 30 seconds. It offers a practical learning curve too—I see how pros make moves in real time, gaining insights that books or tutorials alone can’t provide. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. These services are governed by the legal terms and conditions of PXBT. For withdrawal fees, opting for crypto withdrawals over the TRC20 network is more cost effective than fiat withdrawals. Even beginners will find this platform easy to use. Similar to deposits, withdrawals can be made with cryptocurrency. These widgets can contain a chart, order form, trades, messages etc.

Overview of PrimeXBT

Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. Designed with a research driven approach, Cardano focuses on the sustainability, scalability, and security of decentralized systems. PrimeXBT offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk free environment. PrimeXBT allows users to deposit and withdraw BTC, COV, ETH, USDC, and USDT. In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market. Suppose traders want to buy Bitcoins, they can do so by clicking on the ‘Buy Bitcoin’ button. These products are not suitable for all investors. Zafar Naik Jan 08, 2025. According to its website, it “combines pioneering technologies to provide unparalleled security and sustainability to decentralised applications, systems, and societies”. It depends on what you mean by anonymous. This means your earning potential is enhanced with PrimeXBT. In terms of other security protocols that they have in place, they also make use of Cloudflare’s technology in order to mitigate the risks that are posed by Distributed Denial of Service Attacks DDoS. Everyone loves to hate the coin, so when it takes off, it puts haters in their place. Let’s take XRP/BTC for example. The remaining 40% is spread equally between the platform and the strategy manager whose strategies the user copied. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Click Download and confirm the file download if you see a warning.

Increased Diversification

By leveraging these resources pun intended and approaching the market with a cautious and informed perspective, you can navigate the exciting realm of Crypto leverage trading with more confidence. Some traders will adjust the trade along the way, thereby ending up with a different target than when they started the position. At PrimeXBT, we are committed to ensuring our trading environment stays aligned with the evolving market. We actually downloaded the PrimeXBT app and tested it out to see exactly how functional it was. Attend exclusive PrimeXBT events, network with other clients and learn new skills. The minimum withdrawal amounts on PrimeXBT vary by cryptocurrency and fiat method. To stay informed about the latest promotions, be sure to monitor the platform and follow PrimeXBT’s social media channels. Go to Settings > Security and enable Install from Unknown Sources if prompted. We should also note that there is another in our opinion, simpler and more convenient way to register and authorize in the platform via Google or Apple. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. When trading Contracts for Difference CFDs, positions can be opened for a fraction of their value because of leverage. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Primexbt Promo Code Get Bonus. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. The available payment methods include cryptocurrencies, bank transfers, and credit cards. This website is owned by PrimeXBT PTY LTD. The company recently rebranded both its app and website. For USDT, USDC and COV the withdrawal fees vary depending on the network used. Securely store all the Crypto you buy in your PrimeXBT Wallet.

My Key Takeaways After Testing PrimeXBT Desktop

In order to most appropriately manage market risk, PrimeXBT will reduce these leverage limits for those traders that have a higher exposure to the market. Ultimately, the best crypto exchange depends on your needs. In the end, it all comes down to personal preference, however, there are several factors that should go into selecting the best crypto trading platform for you. With small minimum deposits, low fees, and many ways to earn income, PrimeXBT is the perfect platform for novice day traders and professionals alike. The following data may be collected but it is not linked to your identity. Open larger trades with less money using leverage. It stands out as a dynamic trading platform, combining low trading fees with a wide range of tradable markets, with maker fees as low as 0. The exchange does not currently offer fiat off ramps for withdrawals. Some products and/or services might not be covered by the Compensation Fund. Com is a cryptocurrency trading platform and does not deal with physical goods, so the concept of free shipping does not apply. PrimeXBT is an acceptable choice for day traders. What Makes EUR/USD the Most Traded Currency Pair. Congrats, you’ve been granted an access to the exclusive Crypto 101 Handbook. Hello Van,Thank you for sharing your experience. However, there are some regions where PrimeXBT does not accept users, including. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. Collaboration with groups working on renewable energy projects, carbon credit tracking, or environmental activities could boost Cardano acceptance and raise the cryptocurrency’s value, especially as environmental issues gain in importance. Over the past over 2 years, we have collected data ononmore than 59outages that affected PrimeXBT users. The broker does not charge dormant accounts with an inactivity fee.

Social Trading

One of the many advantages to trading with PrimeXBT is an option to benefit from both growing and falling markets. The minimum deposit is from $1. Compensation Fund per user. This is not something that we have seen on other charting packages developed by an exchange. This marks a notable achievement as WEMIX’s inaugural venture into the European market, emphasizing the token’s role in facilitating a range of blockchain based activities, from gaming transactions to decentralized finance DeFi applications. The term leverage used in finance is often a reference to the amount of money that the trader has borrowed. Com to continue to provide our services to you for free. ” instead of “why is Dogecoin dropping and going down. Let’s explore how to get started, the trading process, and the advanced tools available on PrimeXBT. All existing users and potential clients must take the time to carefully read through PrimeXBT’s terms and conditions before agreeing to them. Technical analysis as we’ve explained is the study of price action, chart patterns, Japanese candlesticks, and technical indicators, and using the information to attempt to predict future outcomes in markets. An agent connected almost instantaneously to the chat. At the same time, clients have access to the following terms and conditions. We’ve compiled the main ones. KHAIRUNAIM HASSAN Says. Providing financial education to those who need it most has always been a passion of mine. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. Date of experience: April 30, 2024. This review delves into the features, advantages, and user experience of the PrimeXBT app, making it an essential read for both beginners and seasoned traders. Scan this code to download app. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Overnight Financing: For leveraged positions held overnight, PrimeXBT charges an overnight financing fee, also known as funding fee. Traders can also trade Commodities and Indices via Contracts for Difference CFDs.

How CFDs on cryptocurrencies work?

0005 BTC for Bitcoin withdrawals. PrimeXBT does not offer any free withdrawal options, and their fees are higher than those of Binance, Bybit, or Kraken. Additionally, they expect to see an additional 100% increase until the end of this year, potentially lifting the price to $0. PrimeXBT is currently offering a welcome bonus to all its new users that directly increase the funds that you can use to trade. Date of experience: December 21, 2024. Once you feel you have the right strategy, it is time to test it out and tweak where applicable. However, judging by the reviews on the Internet, PrimeXBT users have not had any problems with hacker attacks or other issues regarding the security of the platform’s activities. Traders should check the list of supported and restricted countries and ensure compliance with local regulations before using the platform. PrimeXBT offers its traders 3 different types of orders for entering and exiting trades. Margin trading carries risk of capital loss. This fee, if applicable, is designed to cover the service charges imposed by the payment processors and may vary depending on the withdrawal method and currency. A strategy is a pool of a trader’s personal funds which are visible to the public and can be followed by other customers on the platform. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Our mission is to make PrimeXBT a global leader in online trading, for any financial market, from Crypto to Commodities. This method effectively measures the capability of customer support to assist both active traders and casual investors. Jito Staked SOL JITOSOL. At PrimeXBT, we offer negative account protection, meaning that we constantly monitor any positions that threaten both parties involved in the loan to keep disaster at bay. To begin trading, you will first need to fund your account. This means that a withdrawal requested before 12:00 UTC will be processed on the same day and after 12:00 UTC request will be processed the next day. Availability and Responsiveness of Support. These are hosted on AWS web servers which are known to be one of the best in the industry. Next, you will be required to provide a scan copy of a document confirming your identity. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Verification or KYC procedure know your customer is not mandatory for customers, but it does offer some benefits. With years of experience in the markets, we’re the broker of choice for 1M+ traders globally. PrimeXBT is more of a traditional brokerage that also offers crypto trading, as opposed to Bybit, whose sole focus is crypto trading. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision.

Trading platforms Comparison with competitors

No incidents reported. Each strategy has its own set of advantages and risks. PrimeXBT is often praised for its low fees with spreads as low as 0% and trading commissions as low as 0. Agree and Join LinkedIn. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. These include the likes of the USA, Canada, Japan, Algeria, Ecuador, and sanctioned countries. 🔗 Dive into PrimeXBT today and unleash your trading potential. Free $10,000 Practice Account.

4 5

So far, I have no complaints about my experience with Prime XBT. If his observations are correct, it further props up the idea of trading derivatives like CFDs to take advantage of the uncertainty and volatility since you can both buy Ethereum and sell it without the obligation of owning the underlying asset. The platform is known for its user friendly interface, advanced trading tools, and high performance execution. 2024 00343, having its registered office address at PKF Corporate Services Ltd. For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available. We rank licenses by various regulatory bodies on a three tier system, where Tier 1 licensing indicates the highest level of regulation. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Given its status as the most heavily traded and largest cryptocurrency by market cap, Bitcoin is the choice of millions of traders on a daily basis. Oil futures, stock options, and CFDs are all examples of financial derivatives, and they are also available to Bitcoin traders. This website is owned by PrimeXBT PTY LTD. With that said, please be aware that cryptocurrencies are already extremely volatile, and we can’t in good conscience recommend trading cryptocurrencies with margin/leverage. To deposit PrimeXBT supported Crypto held on an external wallet, go to the Main page,. That’s why this article will only give you a bit of an outline. This table provides a quick reference to the key steps in the PrimeXBT KYC process, their descriptions, and their importance.

Lagos Startup Expo 2023

Liquidity risk is the risk that you or your followed traders are unable to close a trade at a certain price, within a reasonable amount of time. The reset process may vary slightly depending on the version of PrimeXBT you are using, but the general steps remain consistent. Our website uses cookies. Since PrimeXBT does not support LTC deposits, I transferred USDT using the TRC20 network. In order to maintain the list’s accuracy, we conduct a weekly review to ensure it is as up to date as possible. Meanwhile, PrimeXBT caters to veteran traders with advanced features for trading CFDs Contracts for Difference on different asset classes. Crypto News, NFTs and Market Updates. This example underscores the importance of. $20,000 or equivalent for unverified users. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Here, you can also monitor the progress and status of each bonus. Good market mood and the continuous evolution of the Stellar ecosystem provide more support for the growth potential. A total of 31 futures are available. This is something that you can get in your account management page under the “referral” section. There is no upper limit. 01%, while on PrimeXBT, they were consistently over 0. These services are governed by the legal terms and conditions of PXBT. Products crypto futures commissions●Products CFD Commissions. Additionally, affiliate partners like financial bloggers and influencers might provide unique promo codes.

Most Secure Wallets To Start With

Once your document has been uploaded, you will be redirected to the ‘Settings’ page. The broker primarily earns through spreads and overnight financing fees swap fees. Our clients love how fast and simple our sign up is. On the other hand, the broker does not impose any non trading fees. When we used PrimeXBT, we found the company primarily deals in cryptos when it comes to transactions. Reddit and its partners use cookies and similar technologies to provide you with a better experience. By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. If the app is unavailable in your region, you can still access it through direct download from our site. Understanding how these fees are calculated is crucial for managing long term positions. You won’t be overwhelmed by complex charts and trading jargon. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. A cryptocurrency is a type of digital currency created using blockchain technology, which excels in providing rapid transaction speeds and heightened security during transaction processing. Founded in 2018 and headquartered in South Africa, PrimeXBT provides more than 150 CFDs currency pairs, commodities, indices, and cryptocurrencies and crypto futures contracts. Let’s make it a profitable season. Date of experience: December 13, 2024. Usually, the crypto market will be hyped when the price of Bitcoin reaches certain levels, which fuels demand and causes price gains. This causes a slight delay in funds being available in the account. This allows traders to open larger positions than they could with just their own money, potentially leading to higher profits. This surge reflects how quickly market sentiment can change in response to central bank actions. A MATIC price prediction is difficult in these times, but as crypto regains its footing, a lot of developers will be looking at Polygon. We’re delighted to hear that your experience with PrimeXBT has been positive and that you found our platform user friendly and our trading engine easy to learn. The PrimeXBT Bonus 50 is a limited time offer where users can receive an additional $50 credited to their trading account after fulfilling certain deposit conditions. 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. I tested both versions and found that they offered a smooth trading experience without any significant compromises. Despite operating in a highly competitive and rapidly evolving industry, PrimeXBT has managed to establish itself as a reliable and innovative trading platform, attracting a global user base. This transparency helps you choose a trader you’re confident in copying.

Are you a client who needs support? Inquiries or schedule a consultation:

Pick the wallet you wish to withdraw from, enter the payment method only AdvCash is supported for now, and enter the other relevant details before clicking the “Submit to Withdraw” button. Secondly, and as should be clear from above, every firm uses lots of different marketing strategies to onboard clients. The crypto market has grown significantly over the past decade, and it has even gained the attention of leading Wall Street institutions. We couldn’t locate an address or a phone, so the only way of contacting this broker is by email: and. For experienced traders, PrimeXBT offers unparalleled crypto futures experience with adjustable leverage, a proprietary orderbook, isolated margin and seamless TradingView chart integration. 05% per trade for all asset classes. Go to the “More” section, “Blog”. Follow our comprehensive guide to self lodging your crypto tax. Here we’ll list the most important steps in trading Bitcoin. 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 additional protective barriers diminish the risk of complete account wipeouts. Please note that PrimeXBT reserves the right to initiate KYC verification procedure in certain situations. A Crypto Futures contract allows you to speculate that’s trader talk for using the data you’ve found to make an educated guess whether the price of a Crypto will rise and fall before the expiration date of the contract. Use the small initial deposit to test the waters and start your trading career. Affiliate partners receive payouts of up to 50% of trading fees paid by their referrals. PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. Join 1M+ traders who choose PrimeXBT as their go to trading platform. First impressions matter, right. In the real world, economies don’t only export one product, so it is calculated as a total of all exports and imports. Shorting on PrimeXBT involves placing a sell order on an asset with the expectation that its price will decrease. They are not charging settlement fees on the contracts but are charging an overnight rate for holding the position. PrimeXBT will automatically close out the open positions in the negative as they need to manage the risk that they have on their books, resulting in lost funds for the trader.

Worse

Sotiris Foraris – is a Content Specialist at PrimeXBT with over twelve years of experience in finance. With PrimeXBT you have access to various trading assets; CFDs, Forex, Crypto, etc. Explore the AffiliArt Affiliate Program, a CPA network with a focus on media and marketing. With a PrimeXBT CFD trading account, you have access to over 100 global markets, and some of the best trading conditions around. Yet, the real world performance of this well fortified ecosystem under trading conditions remains to be thoroughly vetted. Scan this code to download app. 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. The complex interface is unsuitable for inexperienced traders. Nonetheless, as with any trading, risks are involved, and profits are not guaranteed. If you have any questions or need further clarification on anything, feel free to reach out to. The mobile app is slightly easier to navigate compared to the desktop platform, though the available trading instruments are still not ideal for beginners. PrimeXBT frequently offers special promotions that provide traders with exclusive bonuses, discounts on fees, and other benefits. The required margin can be as low as 1% for a 100:1 leverage ratio. At this point, Shiba Inu is so speculative that it’s hard to tell if it will even exist in 2030. Use the 1 hour or 30 min charts to do so. No, PrimeXBT does not currently offer any services to residents of the United States. Want to buy Bitcoin outright or trade CFDs on Gold or EUR/USD. Studying these materials could be an immersive learning experience for aspiring traders. Warning ⚡️: Trading leveraged futures products is incredibly risky. Conversely, experienced traders with a higher tolerance for risk might consider using higher leverage to potentially amplify their gains. To generate an account statement, select the required Margin trading account, enter the desired statement timeframe and click ‘Statement’. Trade anytime, anywhere, and grow your income with Phemex Earn. We are proud to offer the most robust variety of emerging digital assets and traditional financial assets out of any other trading platform, including cryptocurrencies, forex, commodities, and the world’s most popular stock indices. By blending an institutional grade trading engine with interfaces tailored to retail users, PrimeXBT satisfies the needs of novice and advanced traders alike. DISCLAIMER: The information contained in this website is for general information purposes only. PrimeXBT actually lets you buy cryptocurrencies outright. The platform accepts various documents for KYC verification, including passports, government issued ID cards, residence permits, and driver’s licenses. Requests submitted after 12:00 UTC are processed on the next day, ensuring a structured and timely withdrawal process for all users.