Legal Terms
Before you press “Confirm”, review the order. After the crypto bubble popped, ADA fell into a bear market, using the tools on PrimeXBT, a trader could short an asset in a downtrend, making money off when asset prices are falling. Covesting is a one of a kind peer to peer copy trading module that connects new traders or inexperienced investors that wouldn’t otherwise trade with skilled traders and professional strategy managers from around the global trading community. Remember that one very important thing in Bitcoin trading is a stop loss. Bitcoin network for BTC deposits. Covesting Wall of Fame traders have reached as much as 90,000% ROI. You may modify the candlesticks intervals using a special drop down menu. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Coinrule is one of the newest trading bot platforms on the market which has some great features and is suitable for beginners and more advanced traders alike. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. A demo account is also called a practice account. Prime Technology Ltd is PrimeXBT’s Technology Provider. Here, copy traders can earn 75% profit share. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. It seemed slightly outdated in my opinion from a design and navigational standpoint. But you are not required to open such a large position. Returns or profits may be subject to capital gains tax. It is also important to learn the existing strategies. In this case, if your SL/Stop Buy order was executed, this means that the ASK price of the asset has reached the price specified in your order. These include fan lines, Fibonacci, retracements, and other trend lines. Additional terms may apply to free offers. Remember that leverage trading works so that you can get a return if the market price of a particular asset goes higher or lower. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Our website uses cookies.
PrimeXBT Reviews
Here, copy traders can earn 75% profit share. GBP/CHF is The Great British Pound traded against the Swiss Franc. 78% change over the current price. I really ask myself:Imagine you’ve been hitting serious. Long orders should be placed near or at support, with a take profit level set for resistance. May there be another overnight rule changing to take out all your money. Enjoy huge savings with today’s 26 active PrimeXBT coupons and promo codes. No, you don’t need to complete KYC to use the PrimeXBT platform, and non verified accounts can withdraw up to $20,000 in cryptocurrencies in a 24 hour period. For a detailed tutorial see our quick and easy to understand Welcome bonus tutorial. On the top left side of the screen, you will see a list of cryptocurrency pairs. Thank you for choosing PrimeXBT. Via the Main page, users can view. At the moment, an API interface is not available. Established in 2018, PrimeXBT stands at the forefront of the trading world, proudly serving a diverse global community across more than 150 countries. PrimeXBT offers leverage of up to 1:200 for specific trading pairs, which means traders can control a position size up to 200 times their invested capital. Slippage is the difference between the expected price, and the actual execution price of a market order. It is also a peer reviewed blockchain Tiền gửi tối thiểu của PrimeXBT with heavy academic input. Leveraged trading allows you to magnify your potential profits when the market goes in your favor. There are 3 options to fund your account. It’s easy to see why Ripple is considered one of the best investments in the Cryptocurrency industry. PrimeXBT products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Traders can also trade Commodities and Indices via Contracts for Difference CFDs. It is also worth noting that they do not think that SHIB will rise yearly. Our innovative platform provides access for anyone seeking investment returns anywhere, anytime. In this PrimeXBT Crypto Futures review, I’ve covered a range of important factors. ASK quotes are higher than BID quotes by the amount of the Spread.
PrimeXBT Review 2024
The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. Fees vary depending on purchase type. Once you do your own research and feel it is time to get involved, registration is speedy, deposits start at just 0. As this is a general overview of what OKX offers, what is mentioned is just a glimpse of the products. Contracts for Difference CFDs: Users can gain exposure to Commodities and Indices through Contracts for Difference. Make sure to submit clearly visible and readable documents. PrimeXBT provides 24/7 customer support through live chat, typically responding to queries within 2 minutes. Learn more about Baksta’s Legal Terms. Ethereum projected growth has slowed after a slew of problems in the crypto world, but crypto is starting to behave. These include two factor authentication 2FA, cold wallets for the majority of customer funds, and advanced encryption technology. These products are not suitable for all investors. There is an extensive range of assets that you can trade there. Overnight Financing is the borrowing cost for using PrimeXBT assets for leveraged trades and is charged at 00:00 UTC for any position that is carried into a new Trading day.
A Margin Trading Example
This is done automatically most of the time with brokerages, although some will contact you to suggest that you should put in more margin. Covesting was one of the first to receive a DLT license in Gibraltar, along with Huobi, Etoro, and CEX. This is where the entire available balance in a user’s account is used as collateral for positions. Some examples of leverage trading here could serve up returns over 100% higher than what you’d get without leverage. While unlikely, it is not impossible. However, you can either increase or decrease the amount of cryptocurrency you are willing to trade at any point in time. When attempting to close a position partially, make sure that Regular trading mode is enabled. Interested in shorting ETH and potentially profiting from falling prices. Alternatively, you can purchase crypto through a traditional stockbroker, but you won’t be able to do anything with your tokens besides holding and selling them. Make sure you understand the difference between Spot and CFD trading before getting started. Imagine a world where blockchain transactions happen instantly and without breaking the bank. Increased Adoption: If Dogecoin becomes more widely accepted as a form of payment or a store of value, demand for it may rise significantly. 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. 5 Customer Support: Perhaps the quickest and most effective way to get hold of their customer support is through the live chat that can be accessed right from the trading platform. Passive investing can help you earn extra profit,and also compensate for the losses you may incur as a result of active trading. Discover the similarities and differences between Bybit and Coinbase in our comprehensive comparison. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Binance acts as a middleman it connects you your offer or request with that other person the seller or the buyer. Different types of global economic data, such as data related to tariffs, debt, and even unemployment rates can have an impact on the price of Oil, as it’s among the most important and vital energy sources and its supply can affect many other industries that rely on it as a resource. It affected all Crypto markets, bending the will of late comers, and causing them to lose hope that DOGE could recover. Liquidity mining, Principal Protected Investment, Guaranteed yield savings. The workspace consists of 6 sections: Markets, Chart, Place Order, Summary, Order book and Trades. On the left side, you will see the watchlist. Learn more about Baksta’s Legal Terms. All reviews, either positive or negative, are accepted as long as they’re honest. Even though PrimeXBT claims that you have all of the same functionality as the browser based platform, you still can never replicate the same trading conditions. Once you have those requirements, click on this link PrimeXBT Sign up page to register and sign up for an account. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands.
Leveraged Trading
Receive the latest news and stay informed. When it comes to Know Your Customer KYC requirements, PrimeXBT offers flexibility to its users. Regardless of the success and its adoption by the masses, a subsequent global market downward trend wrecked the price of Shibu Inu along with other coins. Featured Forex and Stocks writer. However you can simply create another Following in the desired Strategy from that Strategy’s main page. Global Forex Broker Regulatory Inquiry. Cardano tries to distinguish itself from many other blockchain projects by implementing the principles of academic peer review into its development process. And our PrimeXBT review has support for the security of the PrimeXBT exchange. For those of you who are going to be away from your desk, you will be happy to know that PrimeXBT also has a couple of mobile apps, PrimeXBT and PrimeXBT Futures Pro for more advanced trading. Returns or profits may be subject to capital gains tax. This is not something that we have seen on other charting packages developed by an exchange. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. This includes free funded accounts, discounts on commissions, and welcome bonuses. Chainlink network, built on Ethereum, facilitates the transfer of tamper proof data from off chain sources to on chain smart contracts via its LINK token. PrimeXBT has established itself as a premier platform for crypto futures trading, offering traders a comprehensive suite of features to navigate the dynamic cryptocurrency market. IOHK takes care of the technical development of the Cardano protocol, the Cardano Foundation promotes the adoption of Cardano, while Emurgo is primarily focused on commercial applications of Cardano’s technology. B Buying crypto option allows you to Buy cryptocurrencies using a bank card fiat currencies via our partners such as Coinify, PaxfulP2P, Xanpool etc. The key used by an experienced trader is to forecast short term price movements in a variety of assets, such as. These apps will allow you to place trades and monitor open positions on the go. Despite being unregulated, PrimeXBT takes measures to ensure a secure and compliant operation. You’ll gain new knowledge on market psychology, analysing trends, backtesting strategies, and more. You can buy cryptocurrency directly from the platform which can be used as collateral or for spot trading. 1 First, you will need to transfer funds from your Wallet to your Global Markets trading account. Unreliable nodes are sorted out. Here’s a breakdown of the pros and cons. Click on the blue ‘Share’ button to share your Following. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar.
What is PrimeXBT Crypto Futures?
This is a highly thoughtful system, as each star is representative of something special, rather than an abstract sign of positive activity. However, to qualify for this bonus, you need to make an initial deposit of at least 0. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. Traders can also trade Commodities and Indices via Contracts for Difference CFDs. Sooner or later, someone agrees on a price, and the contract is traded. Once the margin account as been successfully set up and funded, the next step is to start placing trades. Currently, PrimeXBT supports margin accounts with a base currency of ETH, USDT, or USDC. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. This seems to suggest that trading this coin will not be that successful, or that it won’t present the same opportunities as a coin designed to be an asset and traded with high volatility. Ever feel lost trying to figure out the ups and downs of the market. If you trade intraday, you are more likely to sit and watch the trade unfold. To make a withdrawal to a new Account ID, users are first required to make a deposit with that Perfect Money Account ID,. For fees, Bybit follows the standard Maker/Taker fee model meaning that they charge traders a fee if they take liquidity off their books and give them a rebate if they provide liquidity to the exchange. Another advantage of PrimeXBT is that you can practice leveraged trading on the PrimeXBT demo platform using fake funds. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. In order to service their current payments and withdrawals, they will also need to run a “hot wallet,” but only a limited number of coins are kept in this state. Apart from that, there is also the email support option. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. However, leverage is a double edge sword and should be used with caution by only experienced traders. As a quick reminder, cross margin means all assets in a user’s account are used as collateral for their open positions, and isolated margin means only a specific amount of collateral is allocated for a particular position. Traders can manage positions utilizing the stop loss and take profit options. Considering you have to give 40% of your profits you need to make pretty good profit margins to compensate for your losses. Sign up with this link and then deposit the stipulated amount before the timer expires. On PrimeXBT exchange, you can trade Bitcoin with up to a x100 leverage. In addition to fundamental analysis – such as reviewing token supply, the team behind the project, and more – and general price analysis, technical analysis can help predict EOS price trends, and help to find short term price targets.
Author of this article
In other words, it will be divided by 10. Having said that, if you decide to try out this main feature of PrimeXBT, then you will need to register an account. Enjoy professional platform, instant order execution, low fees, and friendly 24/7 support. Leverage trading can be very rewarding, as it allows the trader to take on a larger position than usual. Something that we found particularly impressive about the app is that you can customise your layout to suit your trading preferences. Step 2: You will now be taken to a page that asks you to input your email address and set a password. These are way more tradable assets than other major crypto exchanges like Bybit offers to their users. The blockchain now has a seat on Moneygram’s board. A rule of thumb is to bet only 3% of your account balance to cushion you against catastrophic losses. If you wish to buy a Bitcoin, for instance, then your account will grow in value as Bitcoin’s price increases. As your email is the only form of ID at PrimeXBT, it is not possible to change account email.
A beginner’s guide to investing with PrimeXBT
Upon registering, you can make a Crypto or Fiat deposit or purchase Crypto with a credit/debit card or bank transfer to begin trading. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. PrimeXBT’s social trading tools allow you to copy top traders and benefit from their winning strategies and experience. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. The company also supplies a knowledge base and video tutorials that help users understand the platform fast and easy. Litecoin also boasts lower transaction fees compared to other Cryptocurrencies. If so, then trading is for you or perhaps accepting BTC for goods and services. Pro Tip 📲: Traders can use the PrimeXBT Telegram Bot which will send them price alerts, open positions and executed orders. This is something that you can get in your account management page under the “referral” section. AUD/CHF is Australian Dollar traded against the Swiss Franc. Get 5125 USDT Welcome Gift Now. As well as evaluating a broker’s product portfolio, fee structure and trading tools, we consider the availability of GBP denominated accounts, the presence of UK based customer support, and FCA authorisation. It also provides you with a unique opportunity to diversify your crypto portfolio by investing in traders with unique strategies and amazing. At the moment PrimeXBT supports BTC, ETH, USDT, USDC and COV deposits using the following networks. You alone are responsible for evaluating the merits and risks associated with the use of our systems, services or products. ” This will automatically open your position and place it in the “Positions” tab. The liquidation price will always be met before the price reaches the “bankruptcy price”, as shown in the image below. Entering a position gets the former while the latter is for any positions held overnight. Additionally, the broker continues to improve its offering by introducing crypto futures as well as trading contests with real prizes. Crypto: Supports Crypto Fiat and Crypto Crypto trading. Similarly, a position of $100 would require only $0. Com in your email settings and request the withdrawal again. Ultimately, the selection of CFDs allows for portfolio diversification beyond digital currencies and crypto futures. The bonus will remain valid for two weeks, giving you plenty of time to explore their trading platform.
Privacy Overview
Chua later launched a hedge fund that consistently achieved triple digit returns for seven years. This allows traders to speculate on the overall performance of the world’s leading stock markets, benefiting from their broad market movements. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. Thus, if your trade comes good, you are rewarded as if you had traded with $1,000. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Before joining CoinCodex, Emma had been covering stories at the intersection of culture, entertainment, and technology. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity. PrimeXBT touts a lot of benefits for its users such as a multi layer security system and anonymous registrations no KYC which is something extremely desirable for many cryptocurrency users who place high regard on their privacy. To change or add new payment details, please contact the support team via live chat or email at.
Related:
In this review, we dig deeper into why PrimeXBT was awarded the Most Trusted Crypto Asset Trading Platform by Crypto Expo Dubai. Contributing Crypto Writer. The company launched in 2018 and now has over 1 million users from more than 150 countries. We are in no way owned or operated by any of the companies promoted in the stores. Even in the background, we are always working to improve our platform to improve your trading experience — from minor performance tweaks to behind the scenes security updates. The “Buy and Convert” feature is a really easy way to trade crypto as it involves exchanging one crypto for another, without the need for a trading chart. It will be preselected by default. Thanks for your feedback, PrimeXBT appreciates your opinion. This is because they are one of the few exchanges that do not complete KYC or AML checks on their traders. There are many DeFi tokens, and the term refers to an entire category of coins, apps, and more. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Withdrawing is relatively straightforward, needing just a quantity and crypto wallet address to be input. Today is not liable for any financial losses incurred while trading cryptocurrencies. Taking a closer look at the actual tools that are at your disposal, there are the drawing tools that traders need to map their important levels. Once you find profitable strategies that suit your needs and risk tolerance, you can automatically copy their trading activity onto your own account with Covesting. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. The platform uses Cloudflare technology to mitigate DDoS attacks. The four max drawdowns were 96%, 86%, 84%, and 77%, respectively, for an average of 85% per drawdown. Click ‘Withdraw’ for the cryptocurrency that you want to withdraw. Again, however, if the crypto’s price goes the other way, you lose your leveraged margin. Note that if you don’t already own this cryptocurrency you’ll either have to deposit in it your wallet or head to the Global Markets page to buy it. 16, while the low for the year reached as low as $0. PrimeXBT crypto futures combine leverage, liquidity, user friendly features, educational resources, favorable fee structures, detailed trading reports, and advanced charting tools to provide traders with a powerful platform for speculating on cryptocurrency price movements. Over the past year, also using leverage, Ahmed had ridden the crypto wave up, turning an initial stake of 1,250 Ethereum tokens into 3,300 that were eventually worth more than $13 million. However, the platform does reserve the right to request details should a transaction be flagged as suspicious. Username or Email Address. Copy trading is also great for the “armchair” trader and anyone who is just looking to make some passive income. We’re here to help you. Be sure you fully understand the risks involved in leveraged trading before using leverage on a live account.
Market Order Video
If you use the market order a lot for entering trades on your chosen cryptocurrency pairs, then PrimeXBT is for you. Thus, the pricings for Cryptocurrencies provided on PrimeXBT will vary in accordance with the pricings across the exchanges from which liquidity is aggregated. Part of the reason why we ask questions like, ‘Is ByBit legit. Returns or profits may be subject to capital gains tax. PrimeXBT is a cryptocurrency, forex, indices, and commodities broker providing leveraged trading to UK clients. 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. You will hold your Bitcoin in this wallet if you want to use it to trade and with the trading account, you can use this Bitcoin on PrimeXBT. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. “Qty”, stands for the number of contracts that your position is worth at the time of opening it. Select the amount to transfer. Not much to be said about the trading platform, matching engine, order types and performance of the platform other than it delivers on its promise of providing a seamless, high level trading experience suitable for retail, professional, and institutional traders alike.
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All account deletion/cancellation requests are processed by the PrimeXBT support team via live chat or by email at. Highly technological companies depend on external third party service providers regularly to conduct business as usual. You can, for example, open a 0. Once confirmed and the transaction is submitted, cryptocurrencies will become available in the PrimeXBT deposit account and can be used to fund a variety of trading accounts. With a fully fledged copy trading service, a low PrimeXBT copy trading minimum deposit, and a dashboard with precise controls, it is prevalent in my PrimeXBT Crypto Futures review that this is a serious crypto platform. The BrokerChooser team conducts extensive evaluations of brokers, focusing on critical factors such as regulatory compliance, financial stability, customer service quality and transparency of operations. For users who do not want to use one of these third party services then they will need to fund their account with crypto that can be purchased from an exchange like Crypto. High stress levels other wise good. Any position closed before 00:00 UTC will not be subject to overnight financing. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. XRP is up by 2%, Dogecoin by 13%, and Toncoin by 25%. This platform could be used for beginner users, as long as they understand the concept of trading, CDFs and what it means to position long and short trades. Withdrawal fees on PrimeXBT are applied as flat fees. Big traders often place large orders around important psychological price levels, such as $1,000, $10,000 or $50,000. You will head on over to your dashboard section.
Link to comment
PrimeXBT offers cryptocurrencies, forex, stock indices, and commodities which makes it a multi broker. Its speedy order execution, integrated charting, and customisable workspace which is available in browser and app format are also an advantage. One click trading: This feature allows traders to open and close positions, and cancel orders, with just one click. Stellar price prediction is difficult, but there are some experts out there willing to speak to it. This funding may take some time to reflect in an account because it requires a total of six confirmations on the network. No, this is not possible at the moment. Related: How to Convert BEP20 to ERC20 Tokens Guide in 2023. Bybit has a range of investment opportunities available to investors including spot trading, margin trading, leveraged tokens, and derivatives trading in the form of contracts and options. I was caught unaware when I watched my equity severely decline. This site is using Cloudflare and adheres to the Google Safe Browsing Program. There is another source or channel for information – forums and online Crypto communities.
All information posted on the Traders Union website is based on reliable and objective data We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market Detailed information about our methodology
7 billion, and on March 4th, they were $562 million, ten times the amount of new Bitcoin added to the supply through mining activities. Prime Technology Ltd is PrimeXBT’s Technology Provider. Fixed Bonus Promotion Terms and Conditions. There is Bitcoin trading with leverage up to 1:1000. PrimeXBT offers more than 50 forex pairs, 11 major stock indexes, energies, including crude oil, and precious metals, such as gold and silver. For example, if you put in $100 and have 10x margin leverage, then you are essentially trading with $1,000. The TRON platform aims to create a worldwide digital content entertainment system that is free and decentralized. Charts can also predict the future price movements of a cryptocurrency. 📣 Win exclusive prizes and save with reduced overnight fees on forex pairs and CFDsTrade for your chance to win an iPhone 15, a PlayStation, or a share of the $5,000 prize pool. ETH and ERC 20 tokens COV, USDT, USDC require 10 block confirmations which usually takes around 4 minutes. Learn more about Baksta’s Legal Terms. The reason being is that the blockchain protocol is also a leader in its category. Account verification is completed upon Depositing Cash. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Invite 3 friends and earn task provides the ability to claim a special Reward of $60 to any of your margin trading accounts by Inviting 3 friends. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. Additionally you can select the ‘Order history’ option in the upper right corner of the ‘Buy Crypto’ section to review all of your Completed, Processing or Pending order. You decide to trade two standard lots.
Cianna Joy
Referral Program: PrimeXBT offers a lucrative referral program. The platform offers investment products such as cryptocurrencies, commodities, stock baskets, and foreign currencies. Synthetix Network Token SNX. Note, the broker does not offer trading in options and spread betting. These products are not suitable for all investors. It is also a great way for experienced traders to earn some extra income from other traders. His early work in the industry is part of what made the space what it is today. ➡️ The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus. We saw pairings between the US dollar and Bitcoin, Ethereum, Litecoin, RIpple, EOS, Dogecoin, BNB and much more. Yes, you can deposit Cash: USD directly to your Cash Wallets on PrimeXBT from your personal AdvCash account or via Perfect Money. To protect your account, please change your password at this link: and enable 2FA. Verify their account;. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. If you don’t own any Bitcoin yet, you can check out our list of the best exchanges where you can buy Bitcoin. That is one of the reasons why here at the Coin Bureau, one of the ways we strive to help our community is by streamlining the process and helping folks find the right exchange that is best for them. These products are not suitable for all investors. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The past three halvings in 2012, 2016, and 2020 resulted in price surges of 9,915%, 2,949%, and 665%, respectively. Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. All logins to your account are reflected in your Settings menu, under Last logins. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. The short interest was astronomically high, and therefore once retail traders came into the market and started using leverage on the long side, it caused a massive amount of short covering by hedge funds. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. This provides users with a fantastic and passive way to potentially earn profit from experienced traders, as well as diversify one’s trading portfolio. There is Bitcoin trading with leverage up to 1:1000. Seasoned traders also have the opportunity to share their strategies through ‘Copy Trading My Strategies’, earning up to a 20% profit share.