PrimeXBT Review (Update 2021)

Details

Broker PrimeXBT
Website URL https://primexbt.com/
Founded 2019
Support Types Email, Live Chat
Languages English, Chinese, Indian, Spanish, French, German, Italian, Indonesian, Japanese, Korean, Portuguese, Russian, Turkish
Trading Platform PrimeXBT platform
Minimum 1st Deposit 0.001 BTC
Bonus Stay Anonymous
Leverage Up to 1000:1
Free Demo Account Yes
Deposit Methods Only BTC
Withdrawal Methods Only BTC
Number of Assets 30+
Trading Currency Bitcoin
Account Currency Bitcoin
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 83

Pros

  • Anonymous Trading Accounts (No KYC)
  • High variety of widgets, great user experience
  • 4- Level referral system
  • Brilliant charting software for comprehensive technical analysis
  • Low trading fees
  • High Leverage Up to 1000:1 in Forex Pairs
  • Leverage up to 100:1 in Bitcoin
  • Easy to use, even for a newbie

Cons

  • Very new Platform
  • Slow Mobile app

Is PrimeXBT a scammy broker?

Is PrimeXBT a reliable trading broker where you can trust your Real trading account?

Read this honest Review and learn more information about PrimeXBT, so you can deside by yourself if it can be your favorite Broker.

 

What Is PrimeXBT??

Prime XBT is a new entry in the margin trading market, offering anonymous trading accounts. Traders in PrimeXBT have just to sign up using an email address and a password. They have just to deposit Bitcoins through an anonymous bitcoin wallet and that’s it. A real anonymous trading account is ready to use.  Anonymous Bitcoin Trading with 100:1 leverage in just 40 seconds!

PrimeXBT operates under the domain https://primexbt.com/

Trading Services in primexbt.com are provided by the two owner companies:

  • PrimeXBT Trading Services Ltd (Company Registered in Seychelles, number: 206865)
  • Prime Technologies Ltd. (Company Registered in Saint Vincent and the Grenadines, number 25369BC2019)
It is obvious that PrimeXBT is one of hottest bitcoin trading brokers, constituting an important competitor to Evolve Markets and Bybit

Launched in 2018, this innovative bitcoin based trading platform has explosively expanded:

  • Average daily volume: $375,000,000
  • 12+ Liquidity providers
  • 30+ Trading assets

 

PrimeXBT Platform & Trading Instruments

PrimeXBT uses an innovative custom made Platform. The PrimeXBT platform is very easy to use, perfect for newbie traders who take the first steps in the world of Forex Trading. Lots of charts are available, including trend line, trend channel, and Fibonacci Rays etc. The default chart when you connect to your trading account is a candlestick chart.

On the platform you will see easy-to-read and understandable graphics, in addition to everything being very well ordered. In PrimeXBT you can trade:

  • 25+ Major Forex Trading Pairs: EUR/USD, GBP/USD, AUD/CAD, EUR/GBP, EUR/JPY etc
  • Commodities: Brent Oil, Crude Oil, Natural Gas
  • Indices: SP500 Index, NASDAQ Index and others
  • Cryptocurrencies

Ethereum/Bitcoin (ETH/BTC) trading in PrimeXBT…  Trade Now >>>

According to PrimeXBT website, PrimeXBT offers:

primexbt advantages

 

PrimeXBT Margin & Leverage

PrimeXBT offers leverage up to 100:1 for Bitcoin and up to 1000:1 for EUR/USD.

Pair Margin Required Max Leverage
BTC/USD 1.0% 100x
ETH/USD 1.0% 100x
XRP/USD 1.0% 100x
EUR/USD 0.1% 1,000x
EUR/GBP 0.1% 1,000x
USD/CAD 0.1% 1,000x
Brent 1.0% 100x
S&P500 1.0% 100x
Trade Now EUR/USD with 1000:1 Leverage and 0.1% Marging Requirements…  Trade Now >>>

How do I trade on PrimeXBT?

If you have decided that you want to try the PrimeXBT platform, you have to open an account. Just an email and a password are needed, no KYC Verification. Once you provide your email then an email will be sent to you so that you can verify it. When you can verify it, you can log back into your account and access the PrimeXBT platform.

In PrimeXBT the only deposit method is via bitcoin.

Minimum deposit in PrimeXBT is 0.001 BTC

 

Mobile app

From the PrimeXBT mobile app, you can venture to trade on the go. The application is available for iOS and Android. Its functionality is very similar to the desktop version, you will find easy graphics to run.

You can also modify the design and thus you can adapt it to your commercial preferences. The order options are more varied than in other forex applications.

 

Customer support

The Prime XBT platform offers a frequently asked questions section where you can find answers to the most common questions for traders. But in case you have a more personalized question or some type of complaint, the platform has a customer support chat, in addition to a support email.

These are open for messages 24/7.

 

PrimeXBT Referral program & CPA Program

primexbt tradingSome traders are at the same time webmasters or affiliates.

PrimeXBT has a very interesting referral program, in which the trader has the opportunity to become a “partner” of the platform.

People who attract referrals through a link that will be given to the trader, will be able to obtain a percentage of the commercial commission of each person who enters PrimeXBT.

The referral program works as a 4- level referral system!

What is PrimeXBT 4-level referral system?

Supposing you have three friends, that they might interested in trading in PrimeXBT. Amazing news, you introduce them trhough your personal affiliate link!

From each of them you are going to receive 20% of their trading fees lifetime! These are now your Direct referrals. Then, each of them also invites other friends and once they start trading, from those you are going to receive 15% lifetime commissions as well.

These are your second level referrals.

Third level referrals are going to bring you 10%, as well as the 4th and final level offers a 5% reward.

Referral level Payout %
Direct Referrals 20 %
Level 2 15 %
Level 3 10 %
Level 4 5 %

PrimeXBT CPA – New affiliate program 2020!

PrimeXBT offers succesful affiliates to introduce new traders and Get up to $1,250/ per client!

There are three options to their affiliate program:

  • Revenue share up to 70%
  • Up to $1,250 CPA
  • Hybrid Deals

 

Is PrimeXBT safe?

PrimeXBT applies the latest and most innovative cyber security tools to protect its clients from frauds. These include among others:

 

Conclusion

PrimeXBT is an excellent choice for every trader who is looking a an anonymous trading exchange with high leverage, fast order excecution and quality user experience.


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