BNB -1.25%
BTC -1.57%
DOGE -1.79%
ETH -2.47%
PEPE -10.39%
XRP -1.17%
SHIB 1.50%
SOL -0.61%
TG Casino
powered by $TGC


PrimeXBT is an award-winning, multi-asset trading platform that allows you to trade cryptocurrencies, crypto futures and traditional financial instruments such as Forex, S&P 500 and Nasdaq composite indices, commodities like crude oil and natural gas, and many others from a single account.

General info

Web address:Link
Main location:Seychelles
Daily volume:22222.0 BTC
Mobile app available:Yes
Is decentralized:No
Parent Company:PrimeXBT Trading Services
Transfer types:Credit Card, Debit Card, Crypto Transfer,
Supported fiat:USD en EUR
Supported pairs:100
Has token:-
Fees:Low(Compare rates)


Despite the variety of choices, PrimeXBT is extremely simple to use, as even a mere beginner can open an account and load it with Bitcoin (BTC) or other crypto assets in minutes. The platform offers a unique sliding leverage system with up to 100x crypto leverage trading on crypto. Up to 1000x leverage is offered for trades on traditional assets. The platform is available to traders from more than 150 countries worldwide.

PrimeXBT crypto futures

PrimeXBT Review – Key Features

PrimeXBT is an excellent cryptocurrency and crypto futures trading platform for traders who are looking for a way to use Bitcoin (BTC), Ethereum (ETH) as well as Stablecoins (USDT/USDC), or fiat accounts as margin collateral to trade cryptocurrencies and traditional markets. Other notable features of the platform include:

Multi-asset crypto-based platform, PrimeXBT lets you deposit and use multiple assets to trade. This includes Bitcoin (BTC), Ethereum (ETH), USD Tether (USDT), USD Coin (USDC) and Covesting (COV). Profits and equity are settled in the base currency of each particular trading account.

Trade Bitcoin, Ether, Litecoin, DogeCoin, XRP crypto futures with up to 100x leverage along with top global stock market indices, commodities and forex with up to 1000x leverage. The platform supports more than 100 asset pairs from both crypto and traditional worlds.

The platform provides a highly customizable user interface, complete with advanced charting tools and technical indicators. Traders can access crypto futures trading, enjoying competitive fees and low trading costs. Additionally, PrimeXBT features high leverage of up to 100x for crypto futures and seamless integration with TradingView for an enhanced charting experience.

The platform’s advanced risk management features and adjustable margin system further contribute to its appeal for traders of all skill levels. It comes with more than 12 integrated liquidity providers, which is capable of executing up to 12,000 orders per second and makes sure that the average order is executed in less than 7.12 ms.

PrimeXBT’s covesting module features a peer-to-peer crypto copy trading, which allows you to track and automatically copy the actions of expert traders.

As far as fees are concerned, PrimeXBT is extremely transparent and guarantees some of the lowest fees out there.

PrimeXBT is a pro-privacy platform, which means that there are no mandatory KYC (know your customer) checks before you can start trading. Nevertheless, the platform has partnerships with various anti-money laundering (AML) service providers.

All in all, PrimeXBT is an ambitious player in the crypto futures trading sphere. It is likely to continue expanding its loyal user base and become a premier destination for both new and experienced margin traders, considering its user-oriented focus, convenience, and ever-growing lineup of innovative features.

PrimeXBT Promo Code

When you first sign up with PrimeXBT and make your deposit, enter the code CRYPTONEWS7000 in the promo section. You will then find your bonus – 7% of your first deposit up to $7,000 – credited as a reward in your trading account.

The bonus funds are available for two weeks after activation, and be used as additional collateral to open positions. If you’re new to trading, the PrimeXBT bonus can be a welcome boost to help you get used to trading quickly and efficiently, while maximizing your gains.

Moreover, all users who sign up via our link can receive a 20% deposit bonus. To claim this bonus, follow these simple steps:

  • Sign Up via Our Link: Ensure you use our referral link to sign up on PrimeXBT.
  • Go to Rewards Center: Once logged in, click on the grid icon in the top-left corner of the dashboard.
  • Activate Your Bonus: You will see various bonus options in the Rewards Center. Then, click on “Activate.”

Visit PrimeXBT



PrimeXBT was founded and registered in Seychelles in 2018 under the holding company name PrimeXBT trading services (148707). However, the platform didn’t launch its trading services until early 2019.

Later in 2019, PrimeXBT also opened an office in St. Vincent & The Grenadines and moved its domain and trading infrastructure to the so-called world’s capital of cryptocurrency – Switzerland.

As of today, the platform is accessible in more than 150 countries but is not available in the United States, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Ecuador, Iran, Syria, Myanmar, North Korea, Sudan, US islands, American Samoa, Russian Federation and Cyprus.

PrimeXBT number of users and trades

PrimeXBT Fees

In terms of fees, PrimeXBT is on the lower end of exchanges. The platform does not charge any deposit fees, but any withdrawal will cost you 0.0005 BTC or other crypto equivalent – this is a standard fee to cover your crypto transaction cost. In contrast, BitMEX, other popular Bitcoin derivatives exchange also says to charge only a small fee to cover BTC transaction cost, but it has been observed to charge people approx. 0.001 BTC which is not much but is twice as expensive.

Other principal fees at PrimeXBT are trade fee and overnight financing.

The trade fee is charged every time you open or close a position:

  • 0.05% for cryptocurrency trades
  • 0.0% for forex, indices and commodities

While competing exchanges offer rebates for market makers, PrimeXBT is an STP broker and always pays for order execution at the liquidity provider.

Overnight financing fees on long and short positions range from 0.0959% to 0.0972% on forex and from 0.05% to 0.0833% on crypto. Fees are subject to change and users should check the official fees and conditions page for the latest information.

But how do PrimeXBT’s fees rank compared with other margin trading exchanges? Let’s have a quick look:

Exchange Leverage Cryptocurrencies Fees Link
PrimeXBT 200x 34 0.05%

Trade Now

Visit PrimeXBT

PrimeXBT Security

Safety is by far the most critical aspect of any trading platform. PrimeXBT has not been hacked and is generally considered a secure and trustworthy platform.

Most of the crypto assets stored on the platform’s wallet are kept in cold storage – secure storage locked away offline to minimize the chances of unauthorized access. Funds that are needed to cover day-to-day withdrawals are being held in a hot wallet. The transfers between the hot and the cold wallets are confirmed using multi-signatures, which is considered to be a standard security measure in the industry and helps to alleviate the risks of having a single point of failure.

Other security measures deployed by the exchange include Cloudfare’s protection against Distributed Denial of Service Attacks (DDoS). The platform’s hardware is hosted on Amazon Web Services servers, granting it sufficient capacity to run its powerful and efficient trading engine.

All the data exchanged between you and the platform is encrypted using full SSL encryption and is nearly impossible to intercept.

On the user side of things, PrimeXBT allows you to secure your account using a strong email plus password combination along with Google Authenticator-based 2FA (2-factor authentication). Besides, it protects your password and privacy by hashing them using bcrypt with a cost factor of 12 and encrypting all other sensitive data.

Besides, there is an address whitelisting feature, which lets you withdraw funds to pre-approved addresses only. This can help you to prevent transfers to unauthorized wallets, which is handy in case anyone gets unauthorized access to your trading account.

PrimeXBT’s security gets significant props for protecting their users’ privacy, too. It does not force you to pass any mandatory KYC (know your customer) checks and doesn’t link your data to your name, which is a major win for their customers security by default. You can’t become a victim of targeted hacking if no one can identify you.

However, In case someone does manage to get into your account anyway, your funds are also protected by the mandatory crypto address whitelisting feature. It ensures that your coins can be withdrawn only to your pre-approved addresses.

Also, the platform lets you control whether you want to receive email notifications once someone signs into your account or your position is liquidated.

In sum, PrimeXBT is one of the most secure platforms out there.

PrimeXBT Design and Usability

The first thing you’ll see when you register onto the platform is its seamless user experience.

In fact, it takes less than a minute to open an account, and a few more to load it with cryptocurrencies and start trading.

PrimeXBT trading platform

Another impressive feature is the design of the trading platform. It is extremely simple to navigate, place orders, watch markets, and trade. However, if it isn’t so for you, you can also customize the platform’s interface according to your individual needs. If you’re a beginner, it likely won’t take long for you to start trading, too – despite all the advanced trading tools and charts, PrimeXBT looks exceptionally intuitive and user-friendly.

It also has Android and iOS mobile apps to help you trade on the go.

Leveraged Trading on PrimeXBT

All trading on PrimeXBT revolves around either shorting or longing the market. Unlike P2P markets, PrimeXBT is a Straight-Through-Processing (STP) platform, meaning that it sends all your orders to liquidity providers rather than matching them against other platform users. Such an operating model ensures that there will always be enough liquidity to execute orders as soon as they are placed.

If you anticipate a market decline, you can buy a short position and profit from it if it does come true. In case you anticipate an increase in price, you can long the market and earn from the appreciation.

PrimeXBT allows you to add leverage to your trades, too. Although leverage trading is a risky activity, it lets you enhance your position size by borrowing funds from the platform.

For example, if you’re trading BTC/USD market with a 1:100 leverage using $1,000 of your funds, your position size reaches $100,000. Such a position means higher potential profits but also a higher risk of liquidation – the higher the leverage, the less price fluctuation it takes to close your positions and liquidate your funds. It is always recommended to have more than 50% of margin available to minimize your risk of liquidation, especially when trading in highly volatile markets like cryptocurrencies.

PrimeXBT bitcoin trading

PrimeXBT lets you place four types of orders:

  • Market (default): an order which is executed immediately at the current offer/buy price.
  • Limit: an order which lets you place an offer at a wanted price. It will execute when the market price reaches it.
  • Stop: an order that lets you close position if the market reaches a certain level.

In addition, you can set up a stop loss or take profit levels for every trade. This feature comes in extremely handy if you have specific targets in mind before entering the position.

PrimeXBT margin

PrimeXBT Crypto Futures

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. With access to a wide variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, traders can capitalize on market fluctuations and diversify their investment portfolios.

Crypto futures trading on PrimeXBT provides users with the ability to open both long and short positions, enabling them to benefit from price movements in either direction. Moreover, the platform offers high leverage of up to 200x, allowing traders to control larger positions with a smaller amount of capital. This amplifies potential gains while also increasing the risk, which makes it essential to employ prudent risk management strategies.

Perpetual contracts are another key feature available on PrimeXBT, offering traders increased flexibility and the ability to hold positions indefinitely without expiration dates. This distinguishes them from traditional futures contracts and makes them particularly well-suited for the fast-paced cryptocurrency market.

PrimeXBT’s advanced charting tools and technical indicators facilitate in-depth market analysis, allowing users to make informed decisions based on real-time data.

Finally, the platform’s adjustable margin system and advanced risk management features ensure that traders can maintain control over their positions and mitigate potential losses.

PrimeXBT Traditional Asset CFDs

PrimeXBT offers not only a leading platform for crypto futures trading but also offers a wide range of traditional asset CFDs, providing traders with an abundance of opportunities to diversify their portfolios and hedge against market volatility. Users can access various asset classes such as stock indices, commodities, forex, and metals, all within the same platform.

For those interested in trading stock indices, PrimeXBT offers exposure to major indices, including the S&P 500, NASDAQ, and FTSE 100. This allows traders to speculate on the overall performance of the world’s leading stock markets, benefiting from their broad market movements.

Commodities trading is another exciting aspect of PrimeXBT, with options to trade popular commodities like gold, silver, oil, and natural gas. These assets can serve as a hedge against inflation and market instability, offering traders opportunities for diversification and potential long-term growth.

The platform also caters to forex enthusiasts, providing access to an extensive range of forex currency pairs. Traders can take advantage of the high liquidity of the forex market, engaging in currency speculation and capitalizing on exchange rate fluctuations.

In addition to the traditional asset classes mentioned above, PrimeXBT expanded its offerings with the inclusion of industrial base metals such as aluminum, zinc, copper, lead, and others. These metals play a significant role in various industries and serve as valuable additions to any trading portfolio.

With PrimeXBT’s extensive selection of traditional asset CFDs, traders can enjoy a diversified trading experience, capitalizing on various market opportunities while managing risk effectively.

PrimeXBT Covesting Review

primexbt covesting

Covesting is an innovative feature that allows users to follow and copy the trading strategies of successful traders. By providing a copy trading experience, Covesting enables inexperienced traders to learn from the expertise of seasoned professionals, while experienced traders can potentially benefit from additional revenue streams.

This feature fosters a collaborative peer-to-peer trading environment provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. After the platform upgrade, you can now create a strategy or follow traders using USDC, USDT, and other currencies.

This module is provided by Covesting, a fully licensed DLT services provider. Covesting was one of the first to receive a DLT license in Gibraltar, along with Huobi, Etoro, and CEX. Check out our full PrimeXBT Covesting review.

Customer support

In case you have any questions about the PrimeXBT platform or trading, you can use its Help Center section to find answers.

Other than that, the platform has a customer support chat and a support email. Both of these support channels are open for messages 24/7.

primexbt customer support

Deposit and Withdrawal methods

BTC deposits and withdrawals are made using the BTC network. Alternatively, you can deposit and withdraw Tether USD (USDT) and USD Coin (USDC) using ERC20, BEP20 and TRC20 networks. Ethereum (ETH) Covesting (COV) can be transferred using ERC20 or BEP20.

Concerning withdrawals, there are no limits, but the amount should be higher than the pre-set bitcoin network transaction fee of 0.0005 BTC.

ETH withdrawal fee is 0.002 ETH (ERC20) or 0.00007 ETH (BEP20), USDT and USDC withdrawals will cost you 10 USDT/USDC(ERC20) or 1 USDT/USDC (BEP20, TRC20), while COV withdrawals incur a 5 COV fee (ERC20) or a 2 COV Fee (BEP20).

PrimeXBT processes withdrawals only once a day, somewhere between 12:00 and 14:00 UTC. As per the company’s website, any withdrawal requested before 12:00 UTC will be processed on the same day, but withdrawals requested after 12:00 UTC will be processed the next day only.

PrimeXBT processes withdrawals only once a day, somewhere between 12:00 and 14:00 UTC. As per the company’s website, any withdrawal requested before 12:00 UTC will be processed on the same day, but withdrawals requested after 12:00 UTC will be processed the next day only.

Fund your account. Deposit your Crypto directly to the platform. If you don’t have any yet, you can buy it with your credit or debit card via 3rd Party Providers.

That’s it!

PrimeXBT has an exclusive offer that may interest you. By depositing $500 or more, you can receive a $100 bonus to use within two weeks. This is a limited-time offer, and you must register and claim your bonus within 48 hours to take advantage of it.

Visit PrimeXBT

How to sign up and start trading on PrimeXBT

Registering an account to start trading on PrimeXBT takes just a few minutes. Here’s what you need to go through:

  1. Registration form. Sign up with your email, confirm it, and log in onto the platform.
  2. Fund your account. Deposit your bitcoins directly to the platform. If you don’t have any yet, you can buy it with your credit or debit card via Changelly or other third-party providers.
  3. Start trading. That’s it! You can trade cryptocurrency, forex, commodities, and other indices with up to 1,000x leverage.

PrimeXBT Mobile App

With PrimeXBT’s mobile app, users can effortlessly trade cryptocurrencies, forex, commodities, and indices on a secure and intuitive platform. Customizable charts, technical analysis, and leverage trading enhance the experience, creating successful traders anywhere in the world.


PrimeXBT is a rising star in the derivatives trading niche. The platform stands out by taking a clear stance against forced anti-privacy regulations, which is a massive plus for privacy enthusiasts.

The PrimeXBT trading platform is tailored for both experienced users as well as beginners and provides a clutter-free experience despite its many advanced features.

Making use of smart integrations like Covesting is a smart and open approach to enhance the platform’s functionality outside of its default domain and makes up a wholesome trading experience.

All in all, PrimeXBT is already proving to be a serious player in the crypto futures trading industry.

Visit PrimeXBT

Disclaimer: Margin trading is considered to be a risky activity, so do your own diligence and never trade more than you can afford to lose.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.