PrimeXBT Review 2025

PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives (futures and CFDs). Founded in 2018, it currently serves more than one million customers from different countries.

The platform is aimed both at traders who seek to make money on short-term fluctuations in rates, and at ordinary buyers and sellers of cryptocurrency, for whom it is important to make transactions at favorable prices with low commissions.

One of the main advantages of the platform is copy-trading - the ability to automatically copy other users' trades and earn passive income. In PrimeXBT, you can choose a trader and subscribe to his trades to earn without effort, or you can open your own trades for copying and thus also receive additional profit.

Rating of crypto exchange PrimeXBT

Total score	6,9
Commissions	8
Security and regulation	6
Markets	7
Passive income	8
Account opening	7
Deposit and withdrawal	7
Trading platforms	6
Analytics	5
Education	5
Customer support	9
Bonuses	7

PrimeXBT pros and cons

Basic information

Having analyzed the trading conditions at PrimeXBT, we came to the conclusion that the platform establishes a transparent system of commission fees for each asset class. Detailed information about the commissions can be found on the website in the relevant sections:

● Products - crypto futures - commissions

● Products - CFD - Commissions

Trading commissions for futures

The company's clients can buy and sell crypto futures with a fixed commission: 0.02% for takers (when you remove liquidity) and 0.01% for makers (when you provide liquidity with your order). These are among the lowest rates in the cryptocurrency market, making digital asset trading quite profitable.

Average commission compared to competitors

In addition, futures have a so-called funding rate, which is a fee that a customer pays to keep their open positions every 8 hours. This fee is for borrowing funds to ensure fair pricing in the market and to align the value of the futures with the price of the underlying asset. The rate can be either long (to buy) or short (to sell) and depends on the specific futures contract.

Calculation formula:
Funding rate (%) * Asset price * Amount (position size).

An example of how this fee is accrued:
You trade BTC/USDT futures - 1 contract at a price of 69,000. The funding rate for buying is 0, 01%. Thus, for your long trade the commission will be 0.01% * 69,000 * 1 = 6.9 USDT for every 8 hours.

In our opinion, the presence of a position holding fee makes intraday short-term futures trading more profitable for PrimeXBT clients than medium-term and long-term transactions. And in case of a strong price movement, the size of the fee will be almost imperceptible in relation to the potential profit from the trade.

Commissions for CFDs

In PrimeXBT, traders have access to contracts for the price difference of various market assets - including popular cryptocurrencies. There is no maker and taker commission here, but there is a swap commission, i.e. for carrying a position overnight.

The size of the swap for long and short trading positions depends on the underlying asset. The company's website has a table showing swaps for all cryptocurrencies.

The formula for calculating the value of a swap:
Swap rate (%) * Asset price * Amount (position size)

Example: You have opened a long position on CFD on BTC. The price of the asset is 70,000. The position size is 2 bitcoins. Swap = 0.02%. Total for moving the position to the next day your account will be debited: 0.02% * 70 000 * 2 = 28 dollars.

Non-trading commissions

The platform does not charge additional non-trading commissions, such as account replenishment fees. Clients receive quality service and transparent market conditions in which both professional and novice traders can earn.

Margin lending

PrimeXBT clients have access to margin trading - leverage, which allows them to increase the volume of transactions at the expense of borrowed capital. The amount of margin depends on the trading asset, for example:

BTC/USDT - 1:200%
LTC/USDT - 1:150%
ETH/USDT - 1:200%
DOT/USDT — 1:50%
UNI/USDT — 1:75%

The maximum leverage is 1:200. Detailed margin and leverage values for each crypto pair are specified in myAlpari in the "Crypto Futures" section.

PrimeXBT Trading Services Ltd is officially registered in St. Lucia, while Prime Technology Ltd, which is the technical provider for the PrimeXBT platform, is registered in Seychelles. The company is regulated by law and the website has all the necessary legal documents that can be downloaded and viewed.

Services related to cryptocurrencies (buying, selling, exchanging) are provided by Baksta UAB, which is registered in Lithuania.

The company not only offers transparent cooperation conditions to its customers, but also cares about the safety of their funds and financial transactions. Baksta is a virtual currency exchange operator and virtual wallet holder with the Financial Crimes Investigation Service (FCIS). All traders who work with cryptocurrency through the PrimeXBT platform actually open an account with Baksta. You can read more about the legal terms and conditions in the Legal Center section (More tab on the main page of the website).

On the Internet, we have not found any feedback from clients who faced hacking of the platform and loss of their funds. From what we conclude that for the entire time of the project's existence (since 2018), it has not had any security problems. And for those clients who want to improve the cybersecurity of their investments, the platform offers several solutions:

1. KYC, or "know your customer" account verification.
2. Google's two-factor authentication.

If you follow all the rules, you can be sure that all transactions with cryptocurrency on this platform will be reliable and safe.

This platform is universal, as it provides an opportunity to work with assets of different markets. There are two classes of assets available for trading: futures and CFDs. Cryptocurrencies are also available for buying, selling and exchanging via Visa/MasterCard and PrimeXBT cryptocurrency wallet.

Pros and cons of market diversity on PrimeXBT

Let's look at each market separately.

Futures market

The platform has futures on the most popular cryptocurrencies: Bitcoin, Ethereum, Ripple, Solana and others. A total of 31 futures are available.

The benefits claimed by the developers of the platform are:

• High liquidity. The website states that PrimeXBT works with the best liquidity providers to provide clients with the most accurate and favorable quotes.
• Isolated margin. This is a type of margin that is not tied to the balance. It allows traders to effectively control trading risks, as the maximum loss is limited by the fixed margin.
• Own order book. Buyers and sellers of futures meet directly to make opposing buy and sell orders. This allows clients to choose the most favorable transaction offers for them.

In order for traders to quickly decide whether to open a long or short trade, the site has an interactive chart for each cryptocurrency futures. It displays the latest actual price of the coin, the maximum price for the day, the minimum for the day, the trading volume, and the prevailing trend: upward or downward.

CFD market

There are also more than 40 CFDs on cryptocurrency on the platform. At the same time, clients have access to the following terms and conditions:

• Spreads from 0.1 pips. This is quite a low difference between the buy and sell prices, which gives traders the opportunity to earn even on a small price difference.
• A web terminal accessible from any browser, as well as a mobile trading app.
• Increased leverage (up to 1:1000) to increase the volume of trading positions even for small deposit holders.

The site also has tips for making quick trading decisions - an interactive table with buy and sell prices, daily price changes and the prevailing trend.

Cryptocurrency market

The platform can be a profitable tool for buying and selling cryptocurrencies, as well as for fast cryptocurrency exchanges.

At PrimeXBT, you can buy and sell the most popular crypto coins: BTC, ETH, as well as the stablecoins USDT and USDC. To purchase digital currency, you need to:

• Sign up for PrimeXBT, the procedure is simple and will take a few minutes.
• Select the method of purchase (for example, from Visa card).
• Select the desired cryptocurrency in the desired volume.
• Make a purchase, after which the funds will be instantly credited to the client's wallet in PrimeXBT.

The price of cryptocurrency that the user sees on the platform's website is indicative, as the crypto market is very dynamic, and at the time of the transaction the user will be provided with the rate current at the time of purchase/sale.

It is worth bearing in mind that during the process of making a financial transaction, you will be automatically redirected to the PrimeXBT partner company page. This is because the platform provides technical solutions for buying and selling currencies, and liquidity is provided from partners.

Additional opportunities with cryptocurrency

• Hodling. The user can purchase cryptocurrency and store it on his crypto wallet on the platform. This option is convenient for adherents of long-term investments. For example, you can buy Bitcoin at the end of a downtrend, when its value is low, and keep it on your wallet until the trend changes and BTC quotes rise. Then you can sell the coin at a more favorable price.
• Sending to other users. You can send crypto from your PrimeXBT wallet to any other person's wallet.
• Crypto exchange. The exchanger receives a commission of about 2.5% of the exchanged amount. The exchange can be performed on the top tab of the "Accounts" menu by clicking the "Exchange" button. The current available exchange rate will be updated dynamically and displayed with a countdown timer until it expires. The exchange supports only those currencies that can be used as purchasing power on the platform, namely BTC, ETH, USDC, USDT.

In addition to trading, PrimeXBT clients can utilize copytrading (auto-copying of trades) to generate income effortlessly.

Copytrading is an opportunity to automatically copy trades of experienced traders to your trading account. It is a convenient option for beginners without experience or those who do not have free time to trade independently. Those who are the providers of strategies for autocopying also make profit, as users pay them a certain percentage of profit for subscribing to their trading.

This is what the ranking of the best strategies looks like:

Autocopying in PrimeXBT: How to use it

If you want to copy someone else's trades:

1. Registering a copy-trading account with PrimeXBT
2. Go to the pool of traders and choose one or more traders whose strategies suit your needs
3. You subscribe to their trades and their trades are automatically copied to your account.
4. You can earn up to 75% of the profits of those whose trades you copy.

If you provide a strategy for copying:

1. You must have at least 200 USDT/0.14 ETH/200, USDC or equivalent in BTC on your deposit. This amount is required to create a strategy, and they will be temporarily blocked until trading on the strategy is completed and the strategy itself is closed.
2. You need to come up with a name for the strategy and a description for it so that it is clear exactly how you trade.

Autocopying has additional advantages, which you can learn more about in myAlpari. In total, participants of the copying service can have 4 levels: Standard, Advanced, Premium and Elite. Here are the conditions for each level:

Here's what it looks like in my Personal Profile:

Thus, copying trades in PrimeXBT gives customers the opportunity not only to earn on cryptocurrencies without spending time on trading, but also to get additional benefits from it.

To start interacting with PrimeXBT, you need to open an account on the exchange. Note that registration on the site is very fast, no verification is required, so you will be able to start trading cryptocurrency almost instantly.

Residents of which countries can trade at the exchange?

Many countries may trade on the Exchange, except those that are prohibited or unrecognized jurisdictions.

PrimeXBT does not accept customers from countries such as: Japan, Canada, Cuba, United States, Israel, New Zealand, Syria, Iran, North Korea, Sudan, American Samoa, Russia, Myanmar, Outer Small Islands of the United States, St. Lucia, Puerto Rico, Guam, U.S. Virgin Islands, Northern Mariana Islands.

As well as from unrecognized (or partially recognized) states: Gaza Strip, Crimea, Donetsk People's Republic, Kherson and Zaporizhzhya oblasts, Luhansk People's Republic.

In addition, the website states that the exchange does not attract customers from the UK and EU, however, does not prevent residents of these regions from registering.

How to open an account on PrimeXBT:
step-by-step instructions

The registration procedure is quite simple, it takes just a few minutes. To do this you need:

Step

1

Go to the main page of the site and click on the "Sign Up" button.

Step

2

In the registration form that opens, enter your email and a password.

Please note: both the registration form and the Personal Account you will create are still only available in English. And although the site has quite clear functionality, without knowledge of English you will probably need a little help from an online translator.

Step

3

After filling in the fields, click on the button to confirm registration. You will receive an e-mail with a confirmation code. It must be entered into a special box on the site. The code is valid only for 15 minutes from the moment of its sending, if you do not have time to use it, you will have to register again.

Step

4

After entering the code, select your country of residence from the drop-down list. Click "Finish".

We should also note that there is another (in our opinion, simpler and more convenient) way to register and authorize in the platform - via Google or Apple. In this case, you do not need to enter a verification code: you will immediately get access to the Personal Area.

Step

5

After registration, you will go to the Personal Cabinet with the trading platform, where you can:

• open an account (live or demo);
• deposit and withdraw funds;
• buy cryptocurrency;
• sign up for a copy-trading service;
• participate in a tournament for traders;
• join an affiliate program;
• get bonuses and rewards;
• become a member of the PrimeXBT customer community.

Specifics of account verification

Verification (or KYC procedure - know your customer) is not mandatory for customers, but it does offer some benefits:

With KYC verification you will have unlimited withdrawal limit + you will be able to withdraw funds via bank cards / Perfect Money / Volet + you will have unlimited limit on deposit in fiat currencies. Without KYC you will not be able to deposit from bank cards.

To verify, log in to myAlpari on the exchange's website, click on the Profile icon in the upper right corner. Select Verify Account.

Indicate whether you are a US resident (please note that trading on the platform is prohibited for US citizens). You will see a message stating that you agree to the processing of your personal data in accordance with the regulations of the exchange. Click Continue. You will be prompted to turn on the front camera on your phone or laptop to take an instant photo (a scan of your face). Next, you will be required to provide a scan copy of a document confirming your identity. This can be a passport or other form of identification. In general, the KYC verification procedure is not complicated and goes quickly, after which you will have additional opportunities on the PrimeXBT exchange.

Minimum deposit

PrimeXBT has no minimum deposit as such, you can deposit any amount. However, the funds must be so large that they cover the margin requirements for trades.

For example:
The minimum order size for Bitcoin is 0.001 BTC. Thus, the minimum margin needed to open this trade with leverage x200 will be 0.000005 BTC.

Minimum order sizes for all trading instruments are specified in the Tariffs and Conditions on the page www.primexbt.com/fees.

PrimeXBT Account Types

Exchange clients can open three types of accounts: demo (competitive, no deposit), real for CFDs and real for futures.

• Real accounts

The platform allows you to open accounts for trading cryptocurrency derivatives:

• CFD trading account: This account allows you to trade more than 100 instruments in cryptocurrencies, Forex, indices and commodities with leverage up to 1000x. When trading with leverage, you can open positions using only a small portion of your own funds. Suitable for both experienced and beginners in crypto trading.
• CRYPTO FUTURES Account: Recently launched, this platform offers cross and isolated margin systems for trading with adjustable leverage. It features advanced charting tools through integration with TradingView and offers lower position holding fees charged every 8 hours. Optimally suited for experienced crypto traders.
• Demo account

You can open a demo account in PrimeXBT only if you participate in the traders' tournament. This is a good opportunity not only to test your knowledge and skills, but also to win bonuses - funds that can be used in real crypto trading.

The exchange offers different types of tournaments:

• Weekly futures trading tournament
• Weekly CFD trading tournament
• Own tournament - an opportunity for the company's partners to create their own tournament to attract clients to the exchange.

The essence of the tournaments is approximately the same: for the allotted time, participants need to show their skills and skills in cryptocurrency trading in order to increase the contest deposit. The winners of the tournament receive a cash reward.

How to participate in the tournament:

1. Go to My Account and select the tournament you are interested in and click "Join".
2. Enter your nickname to participate and accept the tournament rules (check the box).
3. Click "Join" to enter the competition.
4. Click "Trade" to start trading in the tournament on a demo account.
5. You can participate in multiple tournaments at the same time.
6. Keep track of the tournaments you are participating in and see details of past tournaments on the My Tournaments page.

Please note that only special contest accounts participate in tournaments, you cannot trade on your real accounts.

Withdrawals are processed 7 days a week. To ensure secure processing of withdrawals, payments are made daily between 12:00 and 14:00 UTC (Coordinated Universal Time).

If a withdrawal request is submitted before 12:00 UTC, it will be processed the same day. Any withdrawal started after 12:00 UTC will be postponed to the next day.

Another feature of PrimeXBT is that here all transfers (both deposits and withdrawals) are done manually. The lack of automatic transfers is not typical for most crypto exchanges and can cause some inconvenience to users. However, the PrimeXBT support team explains this by security requirements: the exchange team checks every transaction for risk scoring, money laundering, and suspicious trading activity.

In our opinion, the lack of round-the-clock withdrawal can create certain inconveniences for clients, and this is a disadvantage of this exchange. However, on the plus side, we note that you can withdraw funds in both cryptocurrency and fiat currency (and in some cases even in cash).

Withdrawal options include:

• direct crypto-transactions of supported currencies;
• withdrawal of US dollars using Volet and Perfect Money systems;
• some local cash withdrawals for Thailand, Brazil, Vietnam

Deposit and withdrawal methods and terms

Account replenishment

Account replenishment can be done both directly in cryptocurrency (if the client has his own wallet) and in fiat currency (US dollar). And you can also purchase cryptocurrency for your deposit using Baksta affiliate service. Below is a table to compare the available methods:

Withdrawal from account

In order to withdraw funds from your cryptocurrency exchange account, you need to submit a withdrawal request from your Personal Area.

We have noticed that there are certain time limits: withdrawal requests are processed from 12:00 to 14:00 UTC on any day. Requests submitted before 12:00 are processed on the same day, and after 12:00 are postponed to the next day.

The main tool for trading in PrimeXBT is a web platform with built-in market analysis tools. There is also a mobile version - an application, which has somewhat limited functionality, but is generally similar to the main version. There is also a separate module for copy-trading, which allows you to select trading strategies for autocopying trades.

Trading platforms. Comparison with competitors

Web platforms

These platforms are available in the Client's Personal Cabinet, they do not need to be downloaded and installed. They are available from any browser, which makes trading comfortable. Here are the similarities and differences in the functionality of these terminals:

Mobile app

For traders who want to keep their finger on the pulse of the market and not miss opportunities to open profitable deals, there is a mobile application PrimeXBT. It can be downloaded for both Android and iOS.

Mobile versions of trading terminals have somewhat reduced functionality:

• Smaller set of indicators and drawings on the charts
• Limited opportunities for technical analysis
• No possibility to partially close the position
• No button to participate in free trader tournaments

Overall, you need the app for fast trading on the go to instantly access and manage your current trades.

The PrimeXBT platform publishes financial market news and reviews that can help traders make faster trading decisions. Analytical articles can be found in the "Blog" section of the company's website.

In addition, there is a section "Economic Calendar". In it, you can track the most important news in the world of finance, which may affect the quotations of market assets, including cryptocurrencies.

You can customize the calendar to see only the most important fundamental news with the greatest potential impact on the market. This will help you plan profitable trades in advance and earn maximum profit.

For traders who want to get more analytical and news information, PrimeXBT communities in social networks Telegram, Instagram, Facebook are available.

Having analyzed the PrimeXBT website, we came to the conclusion that, unfortunately, there are no special training programs or courses for beginner crypto traders. From this we can conclude that the exchange is still more suitable for users with at least a little experience in the crypto market.

However, some training opportunities are available here. Namely:

1. Blog articles on the project website

Go to the "More" section, "Blog". After that, the English section "For Traders" will open, where there is a subsection "Education". It has materials about what Bitcoin is, how to use algorithmic trading, how to read a Japanese candlestick chart and much more. But, alas, all articles are still only available in English. Therefore, non-English-speaking clients are recommended alternative resources for gaining knowledge by Support managers.

2. Tournaments for traders

Competitions on demo accounts can be a good way to learn cryptocurrency trading in practice. Such competitions allow participants to learn the basics of trading without starting investments, as well as win real cash prizes.

The support service in PrimeXBT is built quite thoughtfully. It is possible to contact a manager both directly from the site via a dialog box and via a Telegram bot.

The exchange's website states that support specialists work around the clock and usually respond within 2 minutes. And this is indeed true. We have tested the work of support at different times of the day and in different languages (English, Russian, Ukrainian) and can conclude that managers do not make the user wait long.

Other ways to get in touch with the PrimeXBT team:

• Social media

The exchange has pages in popular social networks: Instagram, Facebook, Twitter, as well as on YouTube, Reddit, and Discord. There are also chat rooms in Telegram, some of which are localized by the country of residence of the clients for convenience.

• Email

PrimeXBT has several addresses where you can write to for various issues: legal settlement, partnership, technical support.

Users of the crypto exchange can receive various bonuses and take part in contests and promotions with cash prizes.

PrimeXBT bonuses

1. Welcome bonus $100

Bonuses are awarded to new clients who verify their accounts and deposit $500 or more within 48 hours after registration. Bonuses are real funds that can be used in trading cryptocurrency instruments in the PrimeXBT platform, but without the possibility of withdrawal from the account.

2. Bonus $200

To get this bonus, you need to fund your account from $1000 (it is not specified whether the bonus applies only to new clients or to existing clients as well).

3. The "big shot" bonus

When a customer deposits $2500 or more, they get a bonus $500.

4. Big Player Bonus

Awarded $1000 bonuses for deposits of $5000 or more.

5. Bonuses for traded volume in margin cryptocurrency trading:

• When $100,000 volume is traded, $5 is awarded
• Upon reaching a volume of $300,000, $20 is awarded
• Upon reaching a volume of $1000,000, $100 is awarded
• Upon reaching a volume of $7000,000, $1000 is awarded

All available bonuses can be viewed in myAlpari in the "Trade" - "Rewards" section.

Referral program

PrimeXBT offers its customers a referral program that allows you to earn passive income for referring new users. To take advantage of the program, you need to:

Register an account with PrimeXBT.
1. Get a unique referral link.
2. Share it with your online audience (social media, blog, website, forums), friends or family.
3. For each direct (referred by the affiliate) or indirect (referred by his referral) client, the affiliate receives from 5% to 20% commission according to the following scheme:

• Direct referrals: 20%
• 2nd level referrals: 15%
• Level 3 referrals: 10%
• Level 4 referrals: 5%

Payments to partners are made in the same way as other withdrawals, i.e. daily from 12 to 14 hours UTC. Whether there are limits on the withdrawal amount is not specified on the site.