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PrimeXBT Crypto Exchange: A Comprehensive Review
PrimeXBT is a leading cryptocurrency exchange that has gained significant popularity among traders worldwide. In this review, we will explore the key features, benefits, and drawbacks of using PrimeXBT for your cryptocurrency trading needs.
User Interface and Trading Experience:
PrimeXBT offers a user-friendly and intuitive trading platform that caters to both beginner and experienced traders. The platform provides a wide range of trading tools, including advanced charting features, order types, and risk management tools. The smooth and responsive interface ensures a seamless trading experience, allowing users to execute trades quickly and efficiently.
Asset Coverage:
One of the standout features of PrimeXBT is its extensive asset coverage. The platform supports a diverse selection of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many more. Additionally, PrimeXBT offers leveraged trading,...
PrimeXBT has a rating of 4.6 stars from 333 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with PrimeXBT most frequently mention crypto futures, support team and high leverage. PrimeXBT ranks 6th among Investing sites.
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This broker is popularly known as a crypto platform but it provides various financial instruments that makes it very valuable trading here🤞🏻👌🏻👌🏻
The platform is good, but is it really beginner-friendly as many highlight it is? I had some hiccups with understanding the trading conditions, otherwise, the app is simple…
Hello Quang,
Thank you for your feedback! We’re glad you find the platform simple to use. While we strive to be beginner-friendly, we understand that some trading conditions may take time to grasp. If you ever need clarification or assistance, feel free to reach out to us at [email protected]—we’re happy to help!
Best regards,
The PrimeXBT Team
Been using this platform for months now, and it's super smooth. The market range is impressive! The leverage up to 100x on cryptocurrencies is out of this world 😀
Plus, the fees are low, and they are calculated as a percentage of your trade - 0.05%.
Everything just clicks - fast trades, fast payouts, and tools that feel pro-level without being overwhelming.
Hi Javier M.,
We’re thrilled to hear that you’re enjoying your experience on PrimeXBT! Our goal is to provide a smooth and efficient trading environment with competitive leverage and low fees. It’s great to know that everything clicks for you! If you ever need assistance, feel free to reach out at [email protected].
Happy trading!
Best regards,
The PrimeXBT Team
The educational and analytical toiols have made it reaaally easy for me to upskill my trades and make huge profits… the tools are very acurate and work effectively.
Hello Christian,
Thank you for sharing your experience! We're thrilled to hear that our educational and analytical tools have been instrumental in improving your trading skills and contributing to your success. It's great to know you're finding them accurate and effective. If there's anything else we can do to support your trading journey, feel free to reach out to us via live chat or email at [email protected].
Best regards,
The PrimeXBT Team
Most crypto platforms don't include other assets but primexbt makes sure to add different instruments and provide its client with diversity. I trade over 3 instruments and have made profits
Hello Roze,
Thank you for your wonderful feedback! We're thrilled to hear that you're enjoying the diverse range of trading instruments on PrimeXBT and finding success across multiple assets. Providing variety and flexibility is a priority for us, and it's great to know it enhances your trading experience. If you ever need assistance or have suggestions, feel free to reach out at [email protected]. Wishing you continued success!
Best regards,
The PrimeXBT Team
PrimeXBT has reasonable pricing for starters. Low deposit requirements make it accessing, though some features can seem pricy 📸.
Hello Emiliano,
Thank you for your thoughtful review! We're glad you find our platform beginner-friendly with affordable entry costs. We strive to balance accessibility with premium features to enhance the trading experience. If you have specific feedback on features you find pricey, feel free to share—we're always looking to improve! For any assistance, you can reach us at [email protected]. Happy trading!
Best regards,
The PrimeXBT Team
Overall, I'd say that edu materials here are pretty good and work nice in combination.
What you can do is:
- Edu acrticles: for actual learning and then practising the patterns and strategy on your chart
- Market research: To get some ideas about some markets for the day or a week.
The analytics are pretty nice here, if you also trade the signal on top of some additional proof like patterns and all that, the odds would be super high!
Hello Valentim,
Thank you for sharing your thoughts! We’re glad to hear you’re finding the analytics helpful.
We hope your trading journey continues to be both educational and rewarding. If you have any questions or suggestions for improvement, please don’t hesitate to reach out to us via email at [email protected]. We always appreciate your feedback!
Best regards,
The PrimeXBT Team
This broker's platform is quite easy to navigate and use but what I like about it the most is the speed at which everything is done. The customer service priority is high and that's a good sign.;-)
Hello Prachya,
Thank you for your positive feedback! We're thrilled to hear you find our platform user-friendly and and like the speed of our services. Ensuring an efficient and seamless experience for our users is one of our top priorities, and we're glad to see it reflected in your experience. If you ever need assistance or have suggestions to enhance your trading journey, feel free to reach out to us at [email protected]. Happy trading!
Best regards,
The PrimeXBT Team
Good platform with various tools offered for me as an intermediate traders using the standard account.
Hello Jabulani,
Thank you for your feedback! We're delighted to hear that you find PrimeXBT efficient and the tools useful for your trading needs. Our goal is to provide a versatile platform for traders of all levels. If you ever have questions or need assistance, don’t hesitate to reach out to us at [email protected]. Wishing you continued success in your trading journey!
Best regards,
The PrimeXBT Team
I can't say enough about PrimeXBT's support team! They're incredibly responsive and truly go the extra mile. Whenever I've had questions, they've provided clear and helpful guidance every time. It's reassuring to know they've got my back… the tiger for this review was an issue with a payment I had this week, and it was resolved surprisingly fast 👏
Absolutely top-notch service!
Hello Caetano,
Thank you for the fantastic review! We're thrilled to hear that our support team exceeded your expectations and resolved your payment issue quickly. Providing clear, responsive, and reliable assistance is what we strive for. It's great to know we could have your back—your trust means a lot to us! If you ever need anything else, we're always here to help. Happy trading!
Best regards,
The PrimeXBT Team
It's quite easy to get around with this company, it is easy to use and navigate and I am glad that I am able to get around easily. I also have confidence going through the trading platform knowing it's been made simplified.
Hello Lautaro,
Thank you for sharing your positive experience! We’re thrilled to hear that you find our platform easy to navigate and user-friendly. Ensuring a smooth and simplified trading experience is a priority for us, so it’s wonderful to know that it’s contributing to your confidence as you trade. If you ever need assistance or have suggestions, feel free to reach out to us via live chat or email at [email protected]. Happy trading!
Best regards,
The PrimeXBT Team
Woah, primexbt broker is def not for newbies! :)
Just a joke, the platform is a user-friendly one according to my experiece. It's certainly for those into crypto trading because there are cryptos available in various forms, i.e. Futures and conventional derivatives, CFDs.
Pricing here is ok, make and taker fees aren't biting whatsoever + when it comes to trading crypto CFDs, then spreads are within the average values.
Sometimes they dilate but just don't trade when some news about bitcoin is released. In this case price starts move up and down like you pulse on cardiograph... very fast and getting on this bandwagn can be challenging. Also, their support works perfectly.
Hello Damián,
Thank you for sharing your detailed experience with PrimeXBT! We're glad to hear that you find the platform user-friendly and appreciate the range of crypto trading options, from Futures to CFDs. It's great that our pricing structure, maker and taker fees, and average spreads meet your expectations. If you ever need further assistance or tips for managing market swings, we're here for you. Happy trading, and thanks again for your insights!
Best regards,
The PrimeXBT Team
Hice un depósito crypto, pagué la tarifa de la red y el dinero llegó bastante rápido. El sistema de pago es bastante fluido y organizado.
Tan pronto como comencé a operar, entendí que operar con criptos y mantenerlas son dos galaxias diferentes.
Para comprar y mantener, generalmente hago un pequeño análisis y leo algunas noticias, tal vez miro el volumen, etc. Pero para operar a corto plazo, me estoy dando cuenta de que tengo que incorporar un montón de información nueva...aunque, mientras sea interesante para mí, eso no debería ser un problema en absoluto. 😁
Hola Diego,
¡Gracias por compartir tu experiencia! Nos alegra saber que el proceso de depósito fue sin problemas para ti. Tienes toda la razón: ¡comerciar con criptomonedas y mantenerlas puede sentirse como dos mundos completamente diferentes! El comercio a corto plazo viene con muchas más acciones, pero parece que estás disfrutando del desafío, ¡lo cual es increíble! Si alguna vez necesitas información o herramientas para ayudar con tus operaciones, no dudes en explorar nuestra plataforma más a fondo. Estamos aquí para apoyar tu crecimiento.
¡Buena suerte con tus operaciones!
El Equipo de PrimeXBT
This broker has an amazing service, I reached out to them about one of their ebooks and I got a very explanatory response that I was very pleased with.
Hi Carlos,
Thank you for your kind words! We're thrilled to hear that you had a positive experience with our customer service and that the response you received about the ebook was helpful. If you ever need assistance again, feel free to reach out—we're always happy to help!
Best regards,
PrimeXBT Team
This is not just a platform for trading cryptocurncies.
Here I can copy trading oders of other traders, I can trade independently, I can trade not only cryptocurrencies but also some other assets. If I could order pizza here, it would be the best XD platform in the world.
I want to say that here is everything I need for trading and even more...
I don't use all tools in my daily trading. But those that I use bring me profit.
Hi Yahir,
Thank you for your awesome feedback! We're thrilled to hear that you’re enjoying the variety of services and tools we offer. We’re glad the tools you use are bringing you profit, and we’re always here if you want to explore more features.
Wishing you continued success,
PrimeXBT Team
The only broker where I can 100% say that it's safe. Is Primexbt a scam? I say, look at the blockchain. There's like 10 services that track the transactions here. $1bln in TVL. Everything is visible online. Other brokers are DDing like crazy, meanwhile Primexbt is picking up the slack.
From the money-making perspective. Its straight awesome. 200x leverage on major crypto futures. X100 leverage on CFDs. If you know how to hedge, and you have crypto assets, PrimeXBT is like halving your losses while 1.5x'ing the gains. Some of it is for free too. Can transfer crypto in and trade with it.
One negative is that you can't trade cross-pair futures. No ETH/BTC. Cross-pairs are only in CFDs. So a bit more exposure to the stablecoins than I would've liked, especially with bullrun still not materializing. Other than that, primexbt is awesome.
Hello Orlando,
Thank you for sharing your detailed feedback! We’re thrilled to hear that you feel confident in the transparency and security of PrimeXBT. The use of blockchain technology is indeed a core aspect of our platform, helping ensure trust and visibility for all users.
We’re also glad that the leverage options and hedging tools are proving valuable to your trading strategy. Your insight on cross-pair futures trading is noted, and we understand that offering more flexibility in this area could be beneficial for traders like yourself. We'll definitely take this feedback on board as we continue to improve the platform.
Thanks again for your trust and for choosing PrimeXBT! If you have any further suggestions, feel free to reach out. Happy trading!
Traded on centralized exchanges and a bit on some dexes, figured it was not for me, too slow and super-high costs.
Tried it here with demo contests, was very fun. Didn't win any contests tho.
Then got my USDT and ETH, and transferred it to the Primexbt wallet that it gave me for free.
The easy transfer from any network was a gig "+" sign, it made it so easy to transition from 4 placed I traded to one.
Now trying to get rewards, trading, and still competing, just with real crypto in contests too.
Can say it was a very fun journey, not easy, but worth it for me.
Hello Paulo,
Thank you for sharing your detailed journey with us! It's great to hear that PrimeXBT has been a part of your trading experience, especially with the demo contests and smooth transition to real crypto trading. Trading can indeed be a challenging journey, but it’s awesome to see you embracing it with such enthusiasm. Wishing you continued success and fun along the way! If there's anything else we can do to enhance your experience further, please feel free to reach out to us via live chat or email at [email protected].
Best regards,
The PrimeXBT Team
The process of depositing funds here is as easy as it gets.
DEX is the most favorable option to top up the account, cuz transactions are secure, cyphered and lightning speed fast.
I like the fact that these guys focus not only on providing classical mediating services, but also o nexchanging crypto, you can buy btc, eth, usdt, usdc - whatever you want.
It makes the overall cooperation quite pleasant, as for me. Plus, there is a wallet, like a united hub for you money, a safe haven for them, it's awesome too.
All in all I commend primexbt for being so innovative^_^
Hello Celso,
Thank you for your detailed feedback! We’re thrilled to hear that you find the deposit process easy and that using DEX for top-ups is convenient and secure. Your commendation of our innovations means a lot to us. If there's anything else we can do to enhance your experience further, please don't hesitate to reach out to us via live chat or email at [email protected]. We are here for you.
Best regards,
The PrimeXBT Team
Há um recurso exclusivo nesta plataforma que passou despercebido para muitos traders. O PrimeXBT permite que você ajuste a alavancagem usada em cada posição. Ao contrário de outras plataformas, quando você escolhe a alavancagem para a conta de negociação, aqui você pode executar uma posição com alavancagem de 200x, digamos, quando você está bastante confiante em sua configuração de negociação, ou pode reduzi-la ao mínimo quando a configuração de negociação não estiver tão clara.
Esta pode ser uma ferramenta poderosa nas mãos de um trader experiente, apenas dizendo...
Olá Flávio,
Obrigado pelo feedback! Estamos entusiasmados por você achar valiosa a ferramenta de alavancagem ajustável do PrimeXBT. Ele foi projetado para dar aos traders mais controle sobre suas posições. Concordamos que nas mãos de um trader experiente, esta flexibilidade pode ser incrivelmente poderosa.
Se houver mais alguma coisa que possamos fazer para melhorar ainda mais sua experiência, não hesite em entrar em contato conosco por chat ao vivo ou e-mail em [email protected].
Atenciosamente,
A equipe PrimeXBT
Lemme be honest, those who claim that 1000 or 2000 instruments to trade is a clear advantage. Like how?
A usual trader will trade like 10-15 pairs max, and some people trade even like 2-3, and some even specialize on 1.
I know it's about the choice, but why do anybody needs so much assets.
Here, PrimeXBT has over 100, still more than enough (at least for me)
What is cool is that they are crypto oriented, they got crypto futures and allow buying/holding crypto. This is what you call an advantage
Hello Minh,
Thank you for your honest perspective! We appreciate your thoughts on the number of trading instruments. It’s true that many traders focus on a select few assets, and we’re glad to hear that PrimeXBT’s offering of over 100 instruments meets your needs. If there's anything else we can do to enhance your experience further, please don't hesitate to reach out to us via live chat or email at [email protected]. We are here to help!
Best regards,
The PrimeXBT Team
Answer: In a nutshell, this helps you to reduce exposure and allows you trade separately from cross mode.
Answer: You meant their custom trading app, or as they call it: the PXTrader. Look, the easiest way to answer your question is just to tell you to give it a try, test it. I’m sure it’s gonna be one of the easiest trading apps you have ever traded with. Srsly it is. Clean design and excellent functionality. Charts are powered by TradingView, so when doing tech analysis or looking for indicators, it’s much easier because you don’t need to learn anything new. Of course, if you have experience with TW. But even if not, still it’s much easier than binance for example. What i also like is that almost everything on the app is customizable, charts, screens, colors… everything. Plus, no need to download and insalatis you can use it as a web-based app and the performance is the same as you installed it on your device. I am really surprised why traders would choose to trade with MT5 when such a great app is already available at primexbt
Answer: Manually? You mean with market orders? You pay with taker fees broodie... It’s quite expensive to be honest, I don’t know why people are still trading with such orders, when the platform offers limit orders where we can pay less for maker fees. I personally never open market positions, only pending limits and that’s how I save some money avoiding high trading-costs.
Answer: I might be wrong on this one, but I have only seen this on crypto futures. For cfd trading, different type of margin allocation is used, and you can see the requirements in a pricing sheet.
Answer: Absolutely, why not? Primexbt is a multi regulated platform, which by default tells us that several financial jurisdictions believe in their trustworthiness and make sure to audit and check them every once in a while. If that was illegal, they wouldn’t get even a single one. When it comes to futures I saw several big brokers who have cfd assets and futures at the same time, BUT, those were futures mainly for indices, gold and etc, whereas here they give you the access to crypto futures. Yes, that’s some kind of a different which essentially makes them unique, but there is nothing wrong with that. I’m trading there both futures and cfd forex pairs (when London session kicks in). All in all, the experience so far is great man.
Answer: Well, it all depends on your style, right... Are you more of a crypto enthusiast? Then, perhaps crypto futures mode is the best for you... if you ask why, well, it has high leverage there, that you can adjust as per your needs, but be careful not to overleverage, I recently was told by my trading pal that he overtraded and even though his initial prognosis was right, he lost, because of the leverage, i mean the price first went agaisnt him, and his SL was triggered, had it been less leveraged, the loss would be minimal... anyway, cyrpto futures makes sense right now, as whole crypto market is booming... Also, the broker there have special VIP program, where if you reach ceertain volume, (i mean trading) then u will get more attractive fees, coz on crypto futures mode there are taker and maker fees... but if you prefer traditional markets, well, then trade them, lots of CFDs on different markets are there. You can trade from web or PC desktop, I would recommend to keep both web based and desktop versions... but again, depends on your preference, web based works well, though it is on web, it does work pretty well
Answer: As with all things, it depends how you appraoch it. If you don't take the time to do a deep dive and study different traders on the platform, and instead go for the one with the highest profit indicator... you're probably not going to last very long, amma be real with you. Copy Trading is as, if not more, serious than manual trading and should be done with a thorough understanding of what makes a trader worth investing long-term or not. Yes, it is worth it, but please don't neglect the research part
Answer: Regarding trading, nothing at all. It makes no difference if you account is verified or not when you trade. Either way, you get the same trading terms and have access to the same market range, tools and else There are limitations in terms of transfers. Not all payment methods are available if you choose a no-KYC account, and there is a limit of 25,000 daily withdrawals, which let’s be real, is not much of a limit... right!? Shortly, the limitations are insignificant, and Primexbt is a top choice platform for no-KYC accounts
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Dear Luthando H.,
Thank you for your feedback! We're delighted you're discovering the variety of trading assets available on PrimeXBT. It's true, while we're known for crypto, we're proud to offer a wide range of financial instruments that enhance the value of trading here.
We believe providing diverse options empowers our users to explore different strategies and find the best fit for their trading goals.
We hope you continue to enjoy your experience on PrimeXBT. If you have any questions or need assistance, please don't hesitate to reach out to us at [email protected].
Happy trading!
Sincerely,
The PrimeXBT Team