PrimeXBT Reviews

I am trading here ok and mostly use the platform for crypto-related transactions and fast swaps.

You can start trading on a live account with some small amounts just to give it a try. And what’s good is that regardless of popularity and volatility of an instruments, you always get to pay a flat taker and maker fee.

The charting tools on the platform are too crude, of course, they are enough to analyze the price but if you prefer a more detailed view, this could be a drawback...

Recently I closed two BIG SHORT positions on Bitcoin and Ethereum. I think there is still some space for downfall and after that there will be a strong reversal trend. 😎

Multiple cryptocurrencies available for trading. I know that there are many altcoins and memecoins but mainly I’m trading only Bitcoin and Ethereum because it’s easy to predict their movements. Additionally, PrimeXBT offers a high leverage for trading Bitcoin and Ethereum. I usually use x50 leverage and not higher, I don’t recommend anyone to abuse their leverage.

Commissions for maker and taker orders are fine and not painful but the problem is that PrimeXBT charges high commissions for funding rates. It would be great if they reduce it.

As I said before, I joined a long time ago, however, I was really dubious about them because they weren’t so popular at that time. In any event, I saw clear signs of a reliable platform and that’s why I decided to give it a shot.
So far I’m focused on trading L2-blockchains since ETH is gaining popularity and started performing better than BTC. It’s just a matter of time when the altseasons starts but I think this summer will be very bullish... xD

Most of all, I like how I was able to trade on a demo account without any limitations, especially since they didn’t set a certain time on usage and thanks to this I was able to practice as much as possible.
It has been over 2 years since the moment I joined them and customer service has always been responsive and helpful in critical situations. Usually I chat with them through the Telegram channel and it's a convenient way for communication to be honest.
Additionally, I liked how it was to switch from traditional to crypto trading in one click and the platform also changed and the same works vice-versa.

I don’t know the purpose of offering such a high leverage up to x200 on ETH and BTC because it’s obvious that many traders are gambling and sometimes I also can lose control and give up to greediness. It would be good if they reduced the leverage size and I’m pretty sure nobody will complain about it.

PrimeXBT had definitely a variety of assets, platforms and additional services, like copy trading. This is what I liked. I could try as many markets I wanted, finding exactly what was the most suitable. At the end, my choice was left on crypto futures. Stable fees and as I said, much better platform, designed specifically for this easy of trading

I guess, I’m not the first to say-fees for crypto futures. I compared it to other platforms and they had a gap.

It was nice to have an opportunity trading CFDs too. But, the platform for these instruments seemed to be not as good as for futures. I didn’t like it much, imo

If I recall correctly, I joined less than 6 months ago and since then I’ve been trading every week, it’s not possible to rest when you’re in crypto trading. The market works even on weekends, and I’m trying to be in shape by reading their articles. They reminded me how important it is to identify correlation of BTC with XAAUSD.

The platform is perfect for trading crypto futures. Everyone knows how hard it is to trade this type of instrument and how wild volatility there is. And primexbt offers a lot of options on how to be effective during trading, there’re isolated and crossed margin modes available, different types of pending orders and all of this together gives you a comfortable environment to develop your trading skills and make profits...

The customer service works around the clock and I appreciate it, but I’d like to get very fast responses, especially when it comes to problems like transferring funds, ya know anything might happen. Recently, I accidentally put a wrong crypto address during withdrawal and I panicked, not knowing what to do. I had to wait 20 minutes until I got their response, so that’s why I want them to answer in less than 5 minutes. xD

I traded both forex and bitcoin there, and honestly, the conditions are pretty good for small investments and larger returns, with good spreads and leverage provided by the broker. You can still trust my long experience with them, money can be trusted to them, just make sure to trade with a developed strategy…

I like that the choice of crypto currencies is that big that even some weird coins, such as shiba and dogecoin are available to trade there😅

Well, the platform is not for everyone… Interface was visually good, but I don`t locate some drawing tools that I use on a daily basis, I`m like trading artist, so need my brushes😁

It’s a nice broker and works well for me with the educational articles being updated regularly, I stay on my game

It’s very easy starting with this broker and not just with the registration but having a smooth payment process.

I use the platform monthly so I can’t say it’s perfect, need lesser fees tho lol

Recently I was trading ETH and after seeing signs of GOD candle I aped in full size with x40 leverage, it was my giga-brain moment and I pulled over $1500 of profit from one trade. ETH was swinging 10-15% in a single day. I’m completely satisfied with how my trading goes on here.

The taker and maker fees are quite cheap here which is a juicy deal for crypto traders. Personally I don’t care about taker fees, that’s why I’m chasing to meet monthly volumes to get better conditions, instead I focus on trading with only limit orders that remain always around 0.01% fees.
Also, another benefit I liked is the availability of crypto and traditional payment systems. I checked a bank transaction, and then transferred funds via USDT and everything worked smoothly. No issues.

Tbh I didn’t like low leverage on many altcoins, I know some other crypto exchanges where people could trade with x100-x200 leverage on low cap crypto tokens.

It’s a great platform and trading here has been very easy especially navigating the trade and funding processes, I’ve been here for over 2 years now and its a satisfactory experience.

When it comes to trades and the number of scams we’ve heard having a strong security and regulation is important and I’m happy it’s here. The trading conditions for crypto are also good.

The trading conditions for crypto is better than other assets and that’s not fair...

Initially, I was thinking of who will master a new trading app, but it was easier than I thought. I took a day to study and familiarize myself with all on the app. It has some logical order and appealing interface

Their own trading application is user-friendly, easy to comprehend and highly stable… they have performed a good job in creating such an easy and stable app

Customer service in general is fine, but I had to wait on them a couple of times for them to respond

PrimeXBT has been a good experience so far! The platform is clean, and pricing is fair. Used it for about
1 year, and while it’s not perfect, it’s worth trying.

I like how competitive the pricing is especially the spreads Works well for monthly trades.
There is also a $ 500 welcome bonus a huge pro for newbies

I think it Lacks some advanced features that traders might need.

So far, i have used this platform every month for 4 months and the support have helped me a great deal.
It’s a great platform with nice trading conditions and overall cool system!!

I have used different payment methods but the most reliable and secure are my crypto payment methods. The broker’s fees are also affordable and different assets are offered.

I genuinely wish it was exclusively a crypto platform but that would be selfish

Overall, for all that time, I’ve been trading with them, I had a lot of positive experiences and earned enough profit. If you want to achieve success, my recommendation is always to use a cross margin rather than an isolated one!!! 😂

I like how many cryptocurrencies the PrimeXBT provides because this diversity allows me to trade whatever I want and catch the most volatile movements. Glad that they try to add new cryptos that are gaining momentum earlier than other crypto exchanges. Love using high leverage on btc and eth up to x200 and with the proper risk management, everyone can take full advantage of it.
I remember when I joined the company two years ago, I didn’t have any clue about the crypto market. Fortunately, they have an education section where anyone can learn anything about crypto trading through their articles. The quality of materials is top-notch!

Well, I wouldn’t say they have strong disadvantages, however, I would like to remark about low leverage on altcoins. Yeah, it’s volatile but I want to trade with x100 and higher leverage. I mean, there are a lot of other crypto exchanges that offer this leverage.

I see many cry that bitcoin go down, but i don’t understand why. You just need to take the other direction and sell 😀 am i wrong? Just kiddin, i know many ppl lost but the point is to see when the market is changing into bearish and ride the trend. I’m glad I didn’t have big exposure when the price changed direction and was able to act quickly and made huge profits on the downtrend

Great leverage on BTC of up to 100x, perfect for growing small accounts. Also, here you can trade both directions, up and down.

I don’t understand what the difference is between BTC futures and CFD, but i’m still doing okay :)

I'm almost on 2 years with PrimeXBT and actually I'm very upset that i didn't discover this platform in 2018 when it was released. i continued trading on the decentralized exchanges, paying fees left and right, and bridges man... BRIDGES!!!! =((
Once I started trading Prime, it's completely different experience. Feels just solid and I'm not paying for anything extra. + the trading platform (charts & indicators) is way better than people give it credit for I feel.

- lowest fees for trading crypto ANYWHERE. not even close not even nearly close
- bought my crypto here, it allows for that with real transactions. But can transfer out to the wallets. Easier than P2P by a lot

- this is mostly for hardcore traders. There are fees for just holding a position. These fees are tiny, but their existence kind of irks me so I can't really hold a position for more than a week, I just break and close it

Even when I am extremely busy, I can still make profits here. Even more than having to swing my trades, which is a bad idea trading cryptos, there are many ways to make money here. Like copy trading, or trading futures, that do not have any swap fees.

- I can trade crypto futures here, and also, I have access to the global markets. I can buy and hold crypto here as well, which is a big plus! What I do is that I withdraw profits to my crypto wallet when I am not trading.

- Not the easiest trading platform to understand. That is something that many traders agree on.

Trustworthiness is one of PrimeXBT's strengths. From its commitment to security to customer service, the platform demonstrates a strong intention to build a reliable and safe trading environment for all users. The company is transparent in its practices, ensuring that clients understand its measures for protecting their funds and information. Its adherence to regulatory standards further underpins its reputation. Trustworthiness isn't something one can develop overnight, and it is clear that PrimeXBT has invested considerable effort in earning this trust.

At PrimeXBT, security is of utmost importance: regulatory compliance, advanced encryption, and user education are just some of the methods by which they ensure the safety of their platform, also providing transparent information so that clients know they are in safe hands.

Some users might find the Know Your Customer (KYC) process at PrimeXBT slightly lengthy. Understandably necessary for security and compliance reasons, it might be a point of friction for those eager to start trading immediately.

PrimeXBT's crypto trading platform is one of a kind. I like that from one account you can trade:
- digital assets
- traditional assets
- and pretty much everything!

- Crypto margin trading
- Traditional assets available
- Pretty low cost of trading
- Hassle-free withdrawals

It takes time to understand the trading conditions

PrimeXBT crypto trading has become a major source of income for me over the past few months. I get a stable income from trading and even started to allocate some of my money to other areas. For example, recently I also started copying trades of other traders. For me, this is something like passive investment.

In addition to independent trading, here is a copying service of trades. I use a part of my deposit for this way of making profit.

I don't like the dark design of this platform. Although it is nothing compared to how convenient and multifunctional the platform is.

I used to think trading crypto is hard, and had no idea about what are even crypto futures before coming here, but I am like a fish in the water🐟 The platform is so easy to use and comfortable to set up what you like, adding indicators and so on 🙌

Super low fees on crypto futures trading
Nice blog with good articles about trading and crypto
New cryptos are regularly added for trading

Not many types of other assets to trade besides crypto
I don't see the commission fees for buying crypto on the website