Who Else Wants To Know The Mystery Behind PrimeXBT (Cy) Ltd?

Posted by on gru 3, 2024

Get Zengo on your mobile device

These include 41 different cryptocurrency pairs with a max leverage of 200x and several forex/commodity assets with leverage up to 1,000x. But, the platform focuses on major assets, ensuring trading is liquid and stable. They include Google Authenticator 2FA for extra security, offline cold wallets, and manual checks on transactions. You can set up additional Protection orders for any new Market, Limit or Stop order by clicking on the box Place Stop Loss/Take Profit in the order form. When you are involved in the Forex markets, you are trading them via a network of banks. An OCO order allows you to combine 2 different orders under special conditions – once one of the orders is triggered and executed, the second order is automatically cancelled An OCO order allows you to combine different as well as identical order types: Stop+Limit, Stop+Stop, Limit+ Limit. Copy trading fees are also charged similarly. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. According to their 2019 slippage stats, at least 94% of their orders were met at Quote or better. It not only looks great but also feels incredibly sturdy, which gives me confidence in its durability. How does PrimeXBT work. Navigation was intuitive, with all the essential tools and indicators just a click away. Our clients love how fast and simple our sign up is. Scan the QR code with your device’s camera and get APK file. Within a single interface, PrimeXBT platform offers cutting edge instruments for crypto , forex , stocks , indexes and commodities based CFDs as well as for portfolio management, strategic investments and copy trading. YOU SHALL CHECK YOUR APPLICABLE LAW AND BE FULLY RESPONSIBLE FOR ANY NEGATIVE IMPACT ARISEN FROM YOUR RESIDENCE tìm hiểu thêm COUNTRY REGULATIONS. However, users should be aware that depositing fiat currencies through third party payment processors may incur fees, which are determined by the payment provider. Having analyzed the trading conditions at PrimeXBT, we came to the conclusion that the platform establishes a transparent system of commission fees for each asset class. BTC/USDT is currently the most active trading pair on PrimeXBT, and saw $ 294. Com to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. Once you place a trade using this order type, your trade request gets executed immediately at the best price available in the order book. Trade Execution: One Click trading can be enabled to expedite the buying and selling process, eliminating the need to confirm each trade. Risk appetite has slowly returned, and hence crypto seems to have started to recover. Frequently used tools like the versatile order book, pending orders, and multi chart windows can be tailored to your needs. A hacker could be that good, learn to crack cold storage, or some other strange incident could occur. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative.

Revolutionize Your PrimeXBT (Cy) Ltd With These Easy-peasy Tips

What is Forex and how does it work

I also had a poor trading experience where the exchange would not load all of a sudden when a hedging short trade was in the money and I was basically locked out of the trade until it was no longer in the money this is unacceptable, imagine trading profitably and being successful over the long hall is hard enough but this crypto casino kneecaps you so they keep their edge and you loose your money to them i. This proactive approach is key to successful trading. We may include partnership links, but they don’t affect our ratings or recommendations. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Depending on the differences in interest rates between the two currencies involved in a forex trade, these fees may be positive or negative. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. Slippage can also impact stop loss or limit orders, causing them to trigger at different prices then intended or occasionally not trigger at all. With Bitcoin Cash having so much potential in a digital payment world, and the fact that it has significant name recognition, the prediction of how price moves over the next several years will be crucial for investors. We use dedicated people and clever technology to safeguard our platform. 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. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. This is where leverage trading gets some newer traders into trouble because it is so easy to see massive moves in profit and loss statements.

Little Known Ways to PrimeXBT (Cy) Ltd

Passive income on PrimeXBT

You must understand how the CFD market works. It was created in December 2013 as a „joke” and was named after the popular meme based on a Shibu Inu dog „Doge. For withdrawals to fiat currencies through methods such as Advcash, Perfect Money, or Alternative Payments Methods, PrimeXBT might impose a processing fee. 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 company’s foundation and evolution reflect its dedication to meeting the evolving needs of traders and maintaining a leading position in the competitive trading platform market. Via the Fees and Conditions page, users can view trading fees across the Global Markets, Crypto Futures, and Copy Trading products. To start interacting with PrimeXBT, you need to open an account on the exchange. Wondering how PrimeXBT works. Below is a comprehensive list of all the deposit methods available to users on the PrimeXBT trading platform. Below are the discounts that you can earn based on the 30 day rolling trading volume. Overall, I rank PrimeXBT in the middle of the pack. We personally contact support using all available methods and present hypothetical problems that users might face.

Everything You Wanted to Know About PrimeXBT (Cy) Ltd and Were Too Embarrassed to Ask

Award winning platformAward winning platform

Japanese candlesticks are a helpful tool for analysts, and contain a variety of information. With Futures a trader has an obligation to buy or sell a contract before an expiry date, while Options provide traders with the right to do so, but not the obligation. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. 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. Yes, PrimeXBT is recognized for its excellence in the crypto trading sphere, offering low fees, high leverage, advanced features, copy trading, robust educational resources, and engaging trading opportunities. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. Therefore, non English speaking clients are recommended alternative resources for gaining knowledge by Support managers. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Liquidation is the automatic closing of positions when your margin is insufficient to cover potential losses, to prevent further financial damage. BitDegree aims to uncover, simplify and share Web3 and cryptocurrency education with the masses. Risk warningBefore 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. However, if you are more of a longer term trader, you free up time to walk away from the computer and monitor where the position is heading every few hours, or even every few days. The maximum leverage is 1:200. Bitcoin has a margin requirement of 1% 1:100 leverage. Whether or not the cryptocurrency exchange accepts payments via MasterCard. It’s cool that you can trade rather risky crypto features, pay quite small taker/maker fees, and also get access to global markets for risks offsetting purposes. PrimeXBT stands out with its no minimum deposit policy, perfect for newbies and small scale traders. Optional KYC and a demo account for practice are also available. Its other noteworthy feature, copy trading, will appeal to most traders. Funding fees are calculated on an hourly basis and can be viewed directly on the trading platform. New User Sign Up Bonus Links:ByBit and PrimeXBT. 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. PrimeXBT’s fee structure is competitive, particularly for active traders, with transparent trading and withdrawal fees that are in line with industry practices.

How To Be In The Top 10 With PrimeXBT (Cy) Ltd

How to Begin Spot Trading on PrimeXBT for United Kingdom

One downside is that you can’t rearrange or resize the modules like you can on exchanges like Kraken and Binance. And again, please bear in mind that all past results are not an indicator for future performance. They also have an extremely impressive track record with their universal Crypto signals, covering spot and futures. While the ability to withdraw to a debit/credit card is convenient, the fees are high and unsuitable for large withdrawals. Traders should exercise caution and have a thorough understanding of the risks involved in leveraged trading. Please post anything relevant to your coin, if it is related to the topic of KYC, or the lack thereof. If you speculate with 1 bitcoin that XRP price will surge against BTC in 24 hours and it does increase by 10%, you’d make a profit of 0. Today is not responsible for articles published by guest authors. Despite its extensive services and growing user base, there is no publicly available information on specific individuals tied to PrimeXBT. As traders spend the majority of their time on the main trading platform, it is pretty important that it is well laid out and intuitive from a user interface perspective and has all the features and tools that one needs. Compared to exchanges like Binance and Bybit, which offer over 350 tradable derivative markets, PrimeXBT is limited and primarily suited for traders focused on large cap tokens and seeking higher leverage options. Returns or profits may be subject to capital gains tax. Minimum deposit is affordable with a limit of 60USD when buying. PrimeXBT has cool features like copy trading, where you follow top traders. 1st Floor, Meridian Place, Choc Estate,. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. PrimeXBT’s partnership with Covesting introduces features like copy trading and yield accounts, with the COV token providing various incentives. Brand operating since.

5 PrimeXBT (Cy) Ltd Issues And How To Solve Them

LINK, SAND, VET Price Analysis: Is XRP’s 400% Rally Equally Bullish for These Altcoins?

The principal offices of PXBT are located at IMAD Complex, Office 3, Ile Du Port, Seychelles. While Crypto has struggled in 2023, the Litecoin market has shown that it can weather the storm multiple times. Bonuses Cannot Be Combined: Bonuses like deposit bonuses and fee reduction bonuses usually cannot be combined. These products are not suitable for all investors. Cryptocurrencies are relatively new in the world of finance and professional traders who follow the crypto ecosystem usually have a deep technical knowledge of the products. User friendly interface. PrimeXBT was founded in 2018 with the goal of providing traders with easy and immediate access to a wide range of global markets from a single platform as well as all the education and tools they need to succeed, regardless of their financial experience. 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. Dollars, even though that greatly trails behind the godfather of the Crypto market, Bitcoin, which enjoys a healthy market cap of $717,709,899,942. This straightforward approach simplifies the trading experience and ensures equal access to Prime XBT’s comprehensive features. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Litecoin technical analysis looks like the rest of Crypto as if it’s trying to build some type of base and break out into a bull market. Similar to Bitcoin, Litecoin is a digital currency that is expected to experience significant growth in the long term. In short, the $100 investment would have increased by 6318. Users can use a visual interface to interact with the wallet and use it to send or receive BTC anonymously. The support service in PrimeXBT is built quite thoughtfully. Social media channels of PrimeXBT, such as Twitter and Facebook, are also good resources for catching announcements about special offers and events that might include promo codes. This is a multi faceted platform that not only functions in the crypto space, but also allows people to trade traditional assets, such as stocks, forex, and commodities. Trade Crypto, Indices, Commodities and FX with up to x1000 leverage, allowing you to maximize your profit potential and earn from both rising and falling markets through CFD contracts Contract for difference. When the stop price is reached, a stop order becomes a market order. Fiat Deposits: PrimeXBT does not support any form of bank transfer, however, it does accept deposits directly from a bank card without any fees, which is a rare feature even among top industry platforms. 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. The platform is directly accessible and fully operational for all customers in the region. This transparency helps you choose a trader you’re confident in copying. The spread is essentially the fee you pay for trading an asset. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. In total, more than 100 instruments are available. Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. How volatile a market is affects how quickly the price of assets can change, so be prepared.

Does PrimeXBT require KYC verification?

Disclaimer: These are the writer’s opinions and should not be considered investment advice. The bonus will be applied to your account automatically. In momentum trading, traders aim to enter into a trade when momentum picks up, which is usually the cause around important technical levels. Another rejection on the MA200 will make a Double Top. They also support a wide range of cryptocurrencies, making them ideal for a trader looking for a diversified portfolio. Higher still for the year are predictions from Coincodex $3. This bonus provides a valuable opportunity to increase your trading capital, offering more flexibility to open positions without requiring additional personal funds. Celebrate Ramadan with an exclusive 14% Deposit Bonus, up to $7,000. PrimeXBT provides responsive customer support, a critical feature for traders with open trades and live money at stake. Furthermore, the platform’s user interface can be tailored to suit each trader’s preferences, allowing for a seamless and personalised experience. 05, driven by the growing demand for efficient Layer 2 solutions​.

Transactions and Speed

Fearful traders can panic sell when news breaks and they have a mindset that it will derail their market; they can avoid risky trades that are only appearing risky because of this fearful mindset, and would otherwise be within their normal trading strategy. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. PrimeXBT only processes withdrawals between 12:00 and 14:00 UTC. On PrimeXBT, you can trade futures on popular cryptocurrencies, including. After registration, you will receive a confirmation email. The platform that you use is essential as well. If you want to get the most out of the platform, then there are so many things to get used to and understand. This is great for those who want to make big profits from small changes in forex prices. PrimeXBT charges management fees and performance fees for Covesting. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia.

ULTIMATE BITCOIN GUIDE

Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Overall, you need the app for fast trading on the go to instantly access and manage your current trades. The platform can be a great incentive for further learning and developing trading skills. Reward Promotion Terms and Conditions. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Unlimited via Perfect Money. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. You can conveniently sort them according to their total profit. 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. Your enthusiasm for learning and improving is exactly what we aim to support. The security team routinely run tests, check ups and updates to keep up to date with new potential vulnerabilities.

Swap

This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. By incorporating these elements into your trading strategy, you can enhance your trading performance and achieve consistent profitability on PrimeXBT. But the transparency of this process raises questions. Similar to Bitcoin BTC, when the market experiences a surge in volatility, as it did on Black Monday, altcoins typically follow suit, especially if BTC is significantly impacted. The effort of sifting through and finding the right one can be a daunting task. Isolated margin mode is an effective tool to have in your crypto trading arsenal. The currencies supported by PrimeXBT can be briefly listed as follows. This is what you call an advantage. Leverage can be a very powerful tool in the hands of a professional trader, and conversely, can cause significant losses. 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. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. They seemingly receive salary not for no reason, lol, sometimes, there are platform where support guys receive money for nothing. PrimeXBT offers a seamless and secure platform for withdrawing your funds. Notably, there are no trust scores from CoinMarketCap and CoinGecko. Information written by the company. The second information to look for is the traffic source PrimeXBT accepts, which explains what platforms you can use to promote your business. Without KYC you will not be able to deposit from bank cards. All candles have closed below. 2 months ago 201 views. Use the most appropriate flair, if the flair is grossly misleading then the post will be removed and repeated offenders banned, moderators can change the flairs of the posts if the wrong flair is chosen. Since PrimeXBT focuses on features like CFDs and leverage/derivatives trading, rather than spot trading, comparing it directly with other crypto exchanges wouldn’t be fair. Jupiter Exchange Token JUP. That being said, there also appears to be very frequent trading, albeit in smaller denominations than you would see on some other cryptocurrency exchanges. Here’s how you can get started. 9 USDT for every 8 hours. The team conducts periodical stress tests and security audits to ensure compliance with the strictest security standards in the industry. If you have any questions or need further information, please feel free to contact us at. جميع الحقوق محفوظه 2016. 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.

Share

Reply from PrimeXBT Copy Trading. Sharpen your skills using PrimeXBT’s free educational Trading Academy. Finally, they also have advanced hardware modules where they run their trading technology. Select additional content. Unfortunately, many retail traders get into trouble by overanalyzing each little micro movement. For example, the trader who buys a stock or commodity at a specific price might be willing to ride the trend for a significant amount of time. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. At PrimeXBT, we strive to provide timely and helpful support to ensure our users have all the information they need for effective trading. I found the deposit process via Volet quick and easy, with funds instantly credited to my account. Funding fees are calculated on an hourly basis and can be viewed directly on the trading platform. Make sure you understand the difference between Spot and CFD trading before getting started. PrimeXBT has cool features like copy trading, where you follow top traders. Short selling, on the other hand, allows you to profit from falling prices in the market. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. These products are not suitable for all investors. By utilizing Bitfury’s Crystal, PrimeXBT can effectively spot and quarantine any cryptocurrencies tied to bad actors such as hackers or terrorists, or that were involved in a crime such as money laundering.

PrimeXBT Web Trading – Lessons Learned From Google CSG Software

Labeled Verified, they’re about genuine experiences. This leaves your email as your primary form of ID. Withdrawing funds from your PrimeXBT account can also incur fees. The price will consolidate after a steep uptrend or downtrend. This strategy is suitable for traders who prefer a more relaxed approach and have the patience to wait for larger price movements. Binance users were served slightly better than Coinbase in 2022 and will be in 2023 as well. No clickbait or misleading titles. These regulations often include anti money laundering AML laws, know your customer KYC requirements, and other compliance standards. Since PrimeXBT is solely a derivatives trading platform and does not offer spot trading, it has not been reviewed by many of the trusted ranking websites we typically rely on. DeFi, which stands for Decentralized Finance is a massively popular area of the blockchain, common on the Ethereum network, which allows investors to access opportunities that can be unparalleled in the conventional investing arena. Competitions on demo accounts can be a good way to learn cryptocurrency trading in practice. 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. Invest €100+ in crypto and hold it for 30 days to receive €20 in BTC. BitMEX offers several order types for trading and hedging purposes. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Best regards,The PrimeXBT Team. 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. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. But does this design translate into an efficient user experience. There is also a profile rundown of how many followers are currently copying that strategy, a chart showing their performance, and a rating system. If you have a new promo code, this is where you can activate additional bonuses as well. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. The more users copy your Strategy, the higher your potential earnings. Date of experience: May 16, 2024. Cardano’s main objectives are to enable the creation of smart contracts and decentralized apps DApps, as well as to provide a safe and decentralized platform for financial transactions. PrimeXBT’s advanced tools and diverse trading instruments are better suited for experienced traders. PrimeXBT’s special token, COV, can help boost the profit of successful trades and give access to special discounts on trading fees, increased profit share, and other benefits on the Covesting module.

Open free account

We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. They do this by offering multiple services that can be adjusted according to the clients’ needs. This is why it is crucial to have as much negative balance protection as possible. Don’t worry, we don’t spam. Today is not liable for any financial losses incurred while trading cryptocurrencies. The lack of Proof of Reserves, regular audits, or any form of insurance on customer deposits does raise safety concerns. This is important to note since it is wise to choose a trader who has a long, proven track record rather than one who has been on the platform for a few days. While unlikely, it is not impossible. Additionally, fiat withdrawal times on PrimeXBT are notably longer compared to those of its competitors, making it less convenient for those who prioritize quick access to their funds. And all of these developments are fueled by ADA transaction fees. These bonuses come in various forms, including deposit bonuses, trading bonuses, and referral bonuses. Titles and posts must be in English. Just select the position you want to calculate the liquidation price for from the ‚Positions’ window. The platform also provides competitive fees, robust security measures, and a user friendly interface. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. There are many trading strategies to choose from for trading Bitcoin. PrimeXBT charged me a withdrawal fee of 0. The Federal Reserve, which is the department that controls the money, and basically the economy, can have a huge role to play in the way the stock markets move. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. Our human support team is here to help 24/7, in your language. Bybit has had one of the most impressive growth trajectories out of many of the unregulated exchanges thanks to their aggressive marketing campaigns and the amount of effort they put into expanding and improving their platform. Whether or not you will actually be able to perform proper technical analysis and be accurate from such a tiny screen with big fingers is another matter. September has traditionally been a difficult month for Bitcoin and the wider cryptocurrency market, often linked to falling prices. PrimeXBT also offers big rewards, like a $200 bonus for a $1,000 deposit, a $100 welcome bonus for $500, and a $1,000 reward for over $5,000 deposits. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. If you invested in Ethereum in October of 2023, you would have doubled your money by March of 2024. Traders in the Copy Trading leaderboards show outstanding performances, with one.

Open free account

Dear HossamThanks for your high score, PrimeXBT appreciates your opinion and feedback. 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. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. These services are governed by the legal terms and conditions of PXBT. They use trusted services for these transactions to keep things safe and reliable. Then, to cover the total margin required to settle all open positions, all open positions will be liquidated. Now that you know all there is to know about Bitcoin, if it is a good investment, how it works, and that it is more profitable to trade BTC than invest in it, it is time to get registered on PrimeXBT to buy and trade Bitcoin. Understanding these factors will help you make informed decisions and optimize your trading strategy.

Follow Us

PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. I tested both versions and found that they offered a smooth trading experience without any significant compromises. Deposits are free, but there are withdrawal fees for cryptocurrencies. All investments involve risk, and past performance is no guarantee of future results. PrimeXBT is upfront about its withdrawal fees, starting at $0. If you ever have suggestions on how we can further enhance the ease of use or if you need any assistance, please don’t hesitate to reach out at. The biggest issue that XRP is going to face is that if it becomes too expensive, banks won’t use it. 3%, while derivatives trading fees are 0. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. $2,000 by bank card. You can exchange BTC, ETH, COV, USDT, and USDC amongst each other. Although this is a perpetual futures trading pair, not a direct comparison with our other trading tests, my experience trading derivatives on Binance, Bybit, KuCoin, and Kraken indicates that PrimeXBT performs just as well in terms of order execution and fills. Its broad asset diversity attracts both new and experienced 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. Risk management tools like ‚take profit’ and ‚stop loss’ are also available. Imagine investing $100 in Ethereum back in 2013 when it was a mere $0. No, PrimeXBT does NOT require KYC procedures for traders. Brokers by Account Type. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. It operates with licenses issued by the regulatory authorities of Australia, Vanuatu, and the Seychelles. We use cookies to personalize content provided by analytic and advertisement partners to offer you the best service experience. Syla can be used to record your transactions by File Import. Dear Nick,At PrimeXBT, we take compliance very seriously to ensure the security of all transactions and adhere to regulatory requirements. These services are governed by the legal terms and conditions of PXBT. The data represented in this Bybit vs Prime XBT crypto exchange comparison is fact based and collected from trusted, verified sources only.