이 기사에서 무언가를 가져와야한다면 이것을 가져 가십시오 – Forex Trading은 복권이 아닙니다.
PrimeXBT is a Bitcoin-based platform, offering over 30+ assets including Crypto, Forex, Commodities, and Stock Indices. The company provides traders with access to top-tier liquidity and a wide range of trading tools, while maintaining security, liquidity, enabling a safe and efficient trading environment for everyone. PrimeXBT offers a robust trading system for both beginners (See the list of Best Brokers for Beginners) and professional traders that demand highly reliable market data and performance.
PrimeXBT also claims to provide the highest leverage (See best high leverage forex brokers) across all of the available instruments and platforms and have low trading fees and benefits from the most competitive trading conditions in the market.
|🗺️ Registered in||St. Vincent and the Grenadines|
|🗺️ Type of License||Offshore License|
|🛡️ Is PrimeXBT safe to trade||No|
|🗺️ Recommended Licenses||FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺|
|🖥 Alternative Broker||GO Markets - licensed by ASIC in Australia|
Licenses & Regulation
Is PrimeXBT regulated?
It is not safe to trade with it, as it is an offshore broker. PrimeXBT is owned and operated by two companies, both registered offshore. Trading Services Ltd is a Seychelles company Reg. nr. 206865 and Prime Technologies Ltd. registered in the St. Vincent and Grenadines company nr. 25369BC2019.
Both Seychelles and St. Vincent and the Grenadines are notorious for their practically absent requirements and regulations. Due to this, the setup cost is low and it does not regulate forex trading. Therefore, they became offshore zones for shady forex brokers such as Hugo’s Way, JustForex and more. You can also read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.
Is PrimeXBT a scam?
PrimeXBT does not provide any information about its location or any contact details. All the reliable and regulated brokers always provide these details and keep contact information transparent for their clients. This is one of the red flags when it comes to trading with the mentioned broker.
PrimeXBT in India
PrimeXBT has no mention of complying with any Indian regulators on its website. It is also worth mentioning that Forex trading is actually prohibited in India. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here.
PrimeXBT in the USA
The United States is one of the countries that is not accepted by PrimeXBT. As per the U.S law, brokers regulated by CFTC are the only brokers allowed for the USA traders. So, except for PrimeXBT, you are only permitted to trade with the U.S regulated platforms .
Deposits & Withdrawals
PrimeXBT offers Direct Crypto deposits from your personal crypto Wallets as well as alternative Deposits via Bank/Credit PrimeXBT와 외환 거래를 하는 이유 card/SEPA Transfers. Additionally, the in-wallet currency exchange feature allows you to exchange BTC, ETH, USDT and USDC amongst each other directly in your PrimeXBT account.
Alternative deposits allows you to buy BTC, ETH and erc20 tokens – USDT and USDC – using a Credit Card / SEPA transfers / Gift cards / Alternative Cryptocurrencies via third-party exchange services
There are two types of fees: Trade fee and Overnight financing. Trade fee is incurred each time you buy or sell assets on the market (i.e. each time you open and close a position). Overnight financing is due for any position that is carried into a new trading day (past 00:00 UTC) and is withheld from the Trading account balance.
The PrimeXBT trading engine is specially designed to execute over 12,000 orders per second. The PrimeXBT platform enables cross-margin trading and automatically performs full risk checks after every order. PrimeXBT aggregator provides feeds from multiple vendors to ensure high liquidity on all tradable assets.
PrimeXBT offers its traders a demo account that allows them to hone the trading skills on a free demo account. Traders can gain experience and familiarize themselves with all the valuable tools and features offered on the PrimeXBT platform, before opening a live account and investing for real in the global financial markets.
In any case, we never advise trading with a non-licensed broker, since the financial investment service they deliver is not trustable. The reason is simple: the broker may promise the most competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. Thus the engagement to trade with such a company means the trader will believe only on the broker’s words, and of course, it is a high risk.
We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that PrimeXBT와 외환 거래를 하는 이유 comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and XM.com .
You can also share your trading experience with PrimeXBT by commenting on this review.
PrimeXBT Review – Do Not Deal With primexbt.com Scam
PrimeXBT is an offshore broker with no effective regulation. The broker claims that two separate companies operate the broker, PrimeXBT Trading Services Ltd, and also Prime Technologies PrimeXBT와 외환 거래를 하는 이유 Ltd.
These two companies have registrations in Seychelles and St. Vincent and the Grenadines. These jurisdictions are both home to large numbers of illegitimate brokers who are trying to avoid stricter regulations elsewhere.
PrimeXBT app is a proprietary app of the broker, using its own trading platform to help clients invest the funds. The app can be used on Android and iPhone devices and looks like a web trader you open on a laptop or a PC. Having an app is a good choice since it allows you to monitor your trades from just any place, regardless of having a computer with you.
However, the ideal option is to use the MetaTrader app instead of some unknown proprietary trading platform that your broker can use to change your trades and steal the money.
What Can You Trade With a PrimeXBT Broker?
The broker offers its clients trading with:
- Forex trading
When it comes to cryptocurrencies, the offer is not the most representative. There are only 4 tradable assets – BTC, LTC, ETH, and EOS. Other than that, the rest of the assets are pretty much standard for any company out there, so PrimeXBT forex broker cannot brag about being different.
Something that worried us was that PrimeXBT leverage had not been clearly listed anywhere on the website.
As aforementioned, all the assets are being traded on the proprietary web trader or PrimeXBT app. The biggest problem with the broker is not disclosing trading conditions. We found nothing when we tried to check out PrimeXBT trading fees for opening trades and withdrawing funds. It’s not acceptable that a trading company will not present you with all the hidden commissions of your trading process to evaluate whether it is worth even opening an account.
PrimeXBT Deposit Bonus
While PrimeXBT’s minimum deposit requirement is 0.001 BTC (this is a lot less than the $500 required by a similar broker, Trade24), which we find unfair since the BTC price is constantly changing, the broker offers no deposit bonus.
On the BTC’s highest price, the minimum deposit required was $65. With such an amount, you cannot make tremendous profits. You will risk too much or be asked to deposit more funds. Therefore, we find it odd that this company offers no boost to its clients and doesn’t require a proper deposit that you can use safely and be profitable.
It looks like the company is using a low minimum deposit to hook clients and then ask for more and more money, excusing it with margins and market safety. Do not fall for the PrimeXBT scam and avoid unlicensed brokers like Tradelax or BexStock.
Countries Allowed and Prohibited by the Broker
As an unregulated offshore broker, PrimeXBT shouldn’t even consider providing financial services. Yet, the broker is available in almost all the European countries, in Australia, Singapore, and South Africa.
There’s a long list of restricted areas:
- Saint Vincent and the Grenadines
- Syria PrimeXBT와 외환 거래를 하는 이유
- North Korea
- Russian Federation
And all the other countries where trading is prohibited by the law.
Prime XBT United States and Canada Trading Accounts
Among others, the broker does not allow trading accounts from the USA and Canada. There are several other countries on the list where trading is prohibited by the law or regulations are so strict that this company is not even trying to conduct its scam.
PrimeXBT USA customers can try to apply for the account only if they are residents of some other country as well, but even that will not guarantee acceptance.
Consumer Warnings in Multiple Countries
Like many other offshore brokers, it seems that Prime XBT has been soliciting their services to EU citizens without any authorization. The Italian regulator CONSOB issued a warning on May 18, 2020, stating that the broker does not have permission to offer financial services within Italy. This comes after a similar warning in May 2020 from the Spanish regulator CNMV.
A Slew of Troubling Activities
Beyond these warnings, several of the broker’s practices are cause for concern. They offer what they call Turbo PrimeXBT와 외환 거래를 하는 이유 PrimeXBT와 외환 거래를 하는 이유 Trading, which is very clearly repackaged binary options. Binary options are illegal almost everywhere in the world, and no reputable broker would carry them. The broker does not offer MetaTrader 4, leaving investors stuck with a pared-down web platform. They only accept cryptocurrencies to fund accounts, making retrieving funds very difficult.
How to Get Money Back if You Were Scammed by PrimeXBT?
In conclusion, regulators do their best to warn potential victims about shady brokers. These warnings don’t reach everyone in time. If you’ve lost your deposit to an unregulated broker and can’t make a withdrawal, contact us today via chat to explore your chargeback options.
We will update you on all the steps that need to be taken to get your money back. Let’s start the process now!
Do not Let This Scam Broker Get Away Free!
What is Prime XBT?
Prime XBT is an online trading brokerage based in Saint Vincent and the Grenadines.
Is Prime XBT regulated and licensed?
No, PrimeXBT explicitly stated it’s not regulated and has no intention to be.
Who is the owner of Prime XBT broker?
The owner of Prime XBT is PrimeXBT Services LLC from SVG.
Are My Funds Safe with Prime XBT?
Since the broker is not regulated and is based offshore, your money is not safe
What is the PrimeXBT minimum deposit?
PrimeXBT requires its clients to deposit PrimeXBT와 외환 거래를 하는 이유 PrimeXBT와 외환 거래를 하는 이유 a minimum of 0.001 BTC.
Is PrimeXBT legit and reliable?
The broker is not regulated and not a legit financial services provider. Beware of fraud!
가장 새로운 외환 거래를하는 7 가지 이유 Traders 실패.
그 제목을 다시 읽으십시오. 대부분의 New Forex가 traders는 수익성이되지 못합니다 tradeRS? 네, 슬프게도 사실입니다.
가장 새로운 외환 traders는 실패하고 심지어 첫 거래 계좌를 날려 버립니다.
- 보증금 $ 10
- Trade $ 1로
- 출금 한도 없음
- 무료 데모 계정
그러나 왜 처음으로 tradeR은 그의 첫 번째 날려 실제 계정?
계속 읽기 전에 , 여기 또 다른 재미있는 방법이 있습니다 음, 아마도 대부분의 초보자가 traders는 시장에 대해 잘 모르기 때문에 첫 번째 시도에 놀랐습니다.
그러나 새로운 Forex를 사용하는 진짜 이유는 무엇입니까? Traders 부자 거래가되지 않습니까?
왜 가장 새로운 외환 Traders는 전문 거래에 실패합니다.
일반적으로 시장의 역학에 익숙하지 않은 것이 새로운 traders는 실패할 PrimeXBT와 외환 거래를 하는 이유 가능성이 높습니다.
그러나 사람들이 Forex에서 실패하는 데에는 더 많은 이유가 있습니다. 그러한 특정 이유를 해결하는 것은 새로운 trader, 전문적으로 거래를 시작하려는 사람.
새로운 Forex의 주요 7 가지 이유 traders '실패;
- 지식 부족-시험 및 오류 거래.
- 비현실적인 기대와 목표.
- 계획되지 않은 거래.
- 길들여지지 않은 감정.
- 시장 상황에 적응하지 못함
- 자본이 부족한 계정
- 불쌍한 위험 및 돈 관리.
1. 지식 부족.
외환 거래는 풍부합니다. 그리고 온라인 거래로 돈을 버는 아이디어는 훨씬 더 풍부합니다.
하지만 실제로 한 번도 traded 첫 번째 시도에서 실패하지 않고이 여정을 시작합니까?
외환 거래에 대한 지식을 습득하여 박쥐를 똑바로 데모 계정에서 연습 실제 현금 투자를 결정하기 전에.
- 보증금 $ 10
- Trade $ 1로
- 출금 한도 없음
- 무료 데모 계정
Forex에서 우리보다 먼저 온 다른 모든 사람들이 말하듯이, 돈을 벌기 전에 배우십시오.
확실하지 않은 경우 힘들게 번 돈을 투자하지 마십시오. 외환 시장의 작동 방식.
배우다. 실제 현금을 투자하기 전에 외환에 대한 충분한 지식을 습득하십시오. 그런 다음 배운 기술에 확신이있을 때만 거래를 시작하십시오. 학습하면 첫 번째 계정을 사용하는 데 따르는 어려움을 덜 수 있습니다.
2. 비현실적인 기대와 목표.
Forex Trading을 빨리 부자가 되는 길이라고 지적한 사람은 거짓말을 했습니다.
빨리 부자가 되기 위해 돌아가서 다른 일을 하십시오.
- 보증금 $ 10
- Trade $ 1로
- 출금 한도 없음
- 무료 데모 계정
방금 거래 계좌에 10달러만 입금했는데 단일 거래 세션에서 전체 100달러로 변환하고 싶습니까?
유감입니다. $50에 도달하기도 전에 그 빈약한 자금을 잃게 될 것입니다.
귀하의 거래 전략을 객관적으로 만드십시오.
하룻밤 사이에 지나치게 큰 수익을 기대할 수는 없음을 깨달으십시오. 단일 거래 세션에서 1달러를 얻는 것으로 시작하여 2달러, 3달러 등으로 졸업합니다.
거대한 하나를 배치한다는 생각 trade Bill Gates만큼 부자가 되는 것은 소란스러운 일입니다. 당신은 대가로 실망을 얻을 것입니다.
여기 상황이 그렇지 않습니다.
이 기사에서 PrimeXBT와 외환 거래를 하는 이유 PrimeXBT와 외환 거래를 하는 이유 무언가를 가져와야한다면 이것을 가져 가십시오 – Forex Trading은 복권이 아닙니다.
일관된 이익을 얻으려면 객관적이고 빠른 부에 대한 오해의 소지를 없애십시오.
3. 계획되지 않은 거래.
외환 거래에서 성공하려면 거래 계획이 필요합니까? 물론 그렇습니다. 거래 계정에 로그인하여 목적없이 실행할 수는 없습니다. trade무작위로 승리를 기대하고 있습니까?
귀하는 귀하의 행동과 행동을 지시하는 명확하고 객관적인 거래 계획이 필요합니다 거래 세션.
거래 계획은 거래를 시작해야 할 때 명확하게 명시해야합니다. 종료해야 할 때, 어떤 전략을 사용해야하는지, 준수해야 할 다른 거래 조건 중에서 시장에 진입하기 전에 충족해야하는 조건.
거래 계획을 엄격하게 준수하는 규율을 유지하는 것은 많은 Forex를 보았습니다 Traders는 자신의 계정을 무에서 엄청난 금액으로 전환합니다.
~없이 무역 계획, 당신은 정서적 혼란, 과대 거래, 그리고 마침내 그 계정을 날려버리기 쉽습니다. 이것은 지구상에서 가장 신성한 것입니다.
PrimeXBT Referral Code – Best Leverage Trading Platform & Lowest Trading Fees 0.001%
PrimeXBT Referral program brings you to earn 20% commissions on referrals. Not only this you can also earn 4 times with the levels in this Referral Program. If you are using Bitmex for leverage trading here comes the competition with Leverage trading up to 100x an with Forex options. Grab this PrimeXBT Invitation offer and Join PrimeXBT Affiliate Program today. PrimeXBT allows 100:1 Leverage Trading across all trading pairs BTC, LTC, XRP, EOS, ETH and Forex and CFD markets. Account Verification is instant and NO KYC is needed to create an account. You can also deposit via credit cards (Buy BTC with Credit Card at PrimeXBT). Prime XBT referral code would help you to get additional discounts on your trades.
PrimeXBT is the new addition to Cryptocurrency Leverage Trading space. It can be said that competition in Leverage exchanges is increasing daily. 2019 is going to be the year of leverage trading in Cryptocurrency space. PrimeXBT had started trading in early 2019. PrimeXBT Offers Leverage Trading in major cryptocurrencies like Bitcoin, Litecoin, Ethereum, EOS and Ripple. Not only this PrimeXBT also allows you to trade in Forex PrimeXBT와 외환 거래를 하는 이유 markets and commodities markets. Always remember leverage trading is not suited for inexperienced traders. Leverage trading is more like a Gamble where you can earn tons of money and where you can also lose all of it.
PrimeXBT Referral Code 103203 – Instant Account Verification + Lowest Trading Fees @ 0.001%
Click Here to Register
Covesting Module is Now Live- Copy Trades From Top Traders without Paying monthly fee
How to Register on PrimeXBT under PrimeXBT Refer and Earn
PrimeXBT trading platform is easy to use and there is no hassle to register PrimeXBT와 외환 거래를 하는 이유 to PrimeXBT. If you are a PrimeXBT new users, You can use my PrimeXBT referral Code and PrimeXBT Referral link. You can register to PrimeXBT in two simple steps. Your account would be confirmed within 5 minutes. After that you can make your first deposit and you are ready to make trades.
2. Enter your email and desired password.
3. Accept Terms and Conditions and then click on Register.
4. Click on email verification link recived in your email.
5. Login into your account and you are now ready to trade on PrimeXBT.
Why PrimeXBT is Better than Bitmex or Bitfinex
- Registration completes in less than a minute
- No KYC
- You can make your Deposits via Credit Cards
- 100x leverage among all trading pairs
- Cross Margin available for all trading pairs
- You can customize the layout to fit your need.
- Professional charting package comes free with PrimeXBT
- You can trade from charts
- Advance order types
- You can deposit in BTC, Altcoins and even from credit cards to PrimeXBT.
- Address white listing is available
- Lowest Trading Fees among all competitors i.e. 0.05%
- You can Trade on the go on mobile app
To read more about Leverage Trading please refer to
PrimeXBT Affilate Program 20%+15%+10%+5% Comissions
PrimeXBT Affiliate Program is designed to make commissions via referrals. You can share your affiliate links via your social handles and to your friends and family. PrimeXBT offers a tier based affiliate program, which is divided into 4 levels where you would be earning rewards on each levels. For the direct referrals you would be making 20% commissions on their trades. For Level 2 referrals you would be PrimeXBT와 외환 거래를 하는 이유 making 15% commissions and for third level referrals the commissions would be 10% and for fourth level it would be 5%.
The Second level referrals are those which are invited by your direct referrals. Third level referrals are invited by second level referrals and so is the fourth level referrals are invited by the third level referrals.
Earning in PrimeXBT Affiliate
The question in everyone’s mind is how much you can earn. Here are the earnings you can made with PrimeXBT Affiliate Program.
|Referrals||No. of Referrals||Trading Volume||Trading Fess (0.05%)||Your Share (%)||Your Commissions|
So, even with only 5 referrals your payout would be 2424$ which is amazing.
How to Become PrimeXBT Affiliate
2. Log in or register for a new account
3. Now Go to your account section and then Affiliate Earnings tab.
4. This is your Affiliate link share this and start earning money.
How to Trade on PrimeXBT (Place Buy and Sell Orders)
1. Go to account section and make your first deposit.
2. Once your deposit get’s confirmed Now go to Trade section and choose the market in which you want to trade in.
3. Choose between Forex, Crypto or CFD or All markets.
4. Click on trade on the asset you want to trade.
5. You can choose between Limit, Market or stop
6. Here the margin is already set to 100x or 1:100 as they say on PrimeXBT.
7. Enter the amount and click on send order to place your order.
PrimeXBT Covesting – Must Tool for Beginner Traders
Gone are those days when it was said”Leverage trading is not for beginners”. PrimeXBT is going to add the most anticipated tool in the Bitcoin Leverage Market. With PrimeXBT covesting you can follow the top traders and invest your money with them. You can copy their trades and maximize your profits.
We all know the lucrative benefits of Leverage trading and also the downside of it, which comes with the losses. If you are losing in leverage trading the loss comes with the same leverage as the profit. f you are a beginner Trader then PrimeXBT covesting is one of the essential tools which would help to make your money more profitable and reduce losses.
PrimeXBT covesting will help a beginner trader to get the experience of professional traders. COV token would be integrated into primeXBT platform to facilitate this tool and make oppurtunity never slip off your hands.
To register to PrimeXBT covesting Click here
Is PrimeXBT PrimeXBT와 외환 거래를 하는 이유 Safe?
PrimeXBT was founded in 2018 and registered in Seychelles. PrimeXBT had opened it’s books to markets in since early 2019.
PrimeXBT Exchange has cold storage where funds are secured in an offline storage. Which is safe from Cyber attacks and hackers. A small portion of the fund is kept in Hot wallet. Which is used to facilitate payments and withdrawals on the platform. In order to move funds from cold storage to hot storage PrimeXBT uses multisig addresses. That means a number of authorization or keys are required to move funds. Which prevents the funds going to wrong hands.
Two factor Authentication
PrimeXBT also employs 2-factor Authentication. You can use Google Authenticator to login and control your funds. This means even if your password gets stolen. The culprit wouldn’t have access to your funds or account. Although it’s not mandatory for Google Auth. But I would suggest you to go for 2-factor authentication.
PrimeXBT also employs SSL encryption. Which means any communications between you and the exchange is secured by encryption and make it hard for cyber attackers to intercept. PrimeXBT claims to use Bcrypt Algorithm, which makes harder to read database even if someone gets access to the database.
Having these features makes your trades safe. But remember never keep your funds in exchange wallets. Only move that much balance which you want to trade. Hope you enjoy trading at PrimeXBT.
PrimeXBT is a crypto exchange registered in the Seychelles. It was launched in 2018.
To be more specific, PrimeXBT is a cryptocurrency derivatives exchange. That means that you can essentially choose between two things: going long or going short. Going long means that you bet that a particular cryptocurrency will go up in price, and going short means that you bet that a particular cryptocurrency will go down in price. See more about the nature of this type of trading below under Leveraged Trading.
PrimeXBT Video Review
Tired of reading? No problem, check out our video review of PrimeXBT here:
The exchange emphasizes a number of advantages with its platform on its website. For one, you can create an account here anonymously and the exchange requires no personal information. Also, the exchange has a multilevel security system which they argue is industry-leading. You can also do leveraged trading with up to 200x (more on that below).
On the date of last updating this review (20 September 2021) the 24-hour trading volume was close to 4 billion. This is a fantastic liquidity, and any prospective user thinking about opening an account at this platform will surely not have any liquidity issues here.
PrimeXBT offers leveraged trading on its trading platform. This means that you can receive a higher exposure towards a certain crypto’s price increase or decrease, without having the assets necessary. You do this by “leveraging” your trade, which in simple terms means that you borrow from the exchange to bet more.
For instance, let’s say that you have 10,000 USD on your PrimeXBT와 외환 거래를 하는 이유 trading account and bet 100 USD on BTC going long (i.e., increasing in value). You do so with 100x leverage. If BTC then increases in value with 10%, if you had only bet 100 USD, you would have earned 10 USD if you simply held Bitcoin. Now, as you bet 100 USD with 100x leverage, you have instead earned an additional 1,000 USD (990 USD more than if you had not leveraged your deal). On the other hand, if BTC decreases in value with 10%, you have lost 1,000 USD (990 USD more than if you had not leveraged your deal). So, as you might imagine, there is potential for huge upside but also for huge downside…
This picture from PrimeXBT’s website has another useful way of showing the benefits of leveraged trading in a bull market:
Why do so many exchanges not allow US citizens to open accounts with them? The answer has only three letters. S, E and C (the Securities Exchange Commission). The reason the SEC is so scary is because the US does not allow foreign companies to solicit US investors, unless those foreign companies are also registered in the US (with the SEC). If foreign companies solicit US investors anyway, the SEC can sue them. There are many examples of when the SEC has sued crypto exchanges, one of which being when they sued EtherDelta for operating an unregistered exchange. Another example was when they sued Bitfinex and claimed that the stablecoin Tether (USDT) was misleading investors. It is very likely that more cases will follow.
PrimeXBT does not allow US-investors on its exchange. Moreover, investors from the following jurisdictions are restricted: Canada, Algeria, Ecuador, Ethiopia, Russian Federation, Iran, Syria, North Korea or Sudan, Israel, Japan, United States Minor Outlying Islands and American Samoa.
At PrimeXBT, you can’t deposit via wire transfer but credit card deposits are perfectly fine. As credit card deposits are accepted, PrimeXBT qualifies as an “entry-level exchange”.
However, if you for some reason need to deposit fiat currency via wire transfer, you can find one by using our Exchange Filters.
PrimeXBT Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the trading views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can see that it feels right to you. The below is a picture of the trading view at PrimeXBT:
PrimeXBT also has a lucrative affiliate program, with four different tiers. This means that you not only make revenue from the people you refer directly, but also from their referrals’ referrals’ referrals! The below picture explains a little bit more clearly how it works:
PrimeXBT Trading fees
Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. Takers are the people removing liquidity from the order book by accepting already placed orders. Makers are the ones placing those orders. The main alternative to this is to simply charge “flat” fees. Flat fees mean that the exchange charges the taker and the maker the same fee.
This exchange offers a flat fee of 0.05% per trade. According to the most extensive industry report ever prepared on contract trading average fees, the global average contracts trading taker fee and maker fee was 0.0591% for takers and 0.0215% for makers. Accordingly, PrimeXBT is slightly below average when it comes to its taker fees but a bit above average with respect to maker fees.
All in all, the fees here are attractive.
PrimeXBT Withdrawal fees
Another fee to consider before choosing which exchange to trade at is the withdrawal fee. The withdrawal fee is usually fixed (regardless of the amount of cryptocurrency units withdrawn). It varies from cryptocurrency to cryptocurrency.
The global industry average, the last time we did our empirical study, was approx. 0.00053 BTC when you withdraw BTC. PrimeXBT only charges you 0.0005 BTC. Accordingly, their BTC-withdrawal fee is somewhat below the global industry average.