PrimeXBT Minimum Deposit amount required in order to open a broker account is 0.001 BTC about $65 / R 1 112,72. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours.
PrimeXBT at a Glance
| 🔎 Broker's Name | PRIME XBT |
| 📍 Headquartered | St. Vincent & Grenadines |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | Not regulated |
| 🌐 Countries not accepted for trade | United States, Japan, Saint Vincent and the Grenadines, Canada, Algeria, Ecuador, Iran, Syria, Korea, Sudan, United States Outlying Islands, American Samoa, Russian Federation. |
| ☪️ Islamic Account (Swap Free) | No |
| 👍 Demo Account | No, but PrimeXBT Contests allows traders to compete using risk-free demo funds in weekly trading competitions. Because there is no risk, traders can practice for free and without the fear of loss. |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | No minimum deposit |
| 💳 Deposit Options | BTC, ETH, USDT, USDC, credit card & debit card |
| 💳 Withdrawal Options | BTC, ETH, USDT, USDC |
| 💻 Platform Types | Proprietary (Crypto Futures & CFDs on Traditional Assets) |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 📈 Tradable Assets | Cryptocurrencies, S&P 500, Gold, EUR/USD and more than 30 other assets |
| 👨💼 Languages supported on Website | English, Chinese, German, French, Turkish, Vietnamese, Japan, Korean |
| 👥 Customer Support Languages | English, Chinese, German, French, Turkish, Vietnamese, Japan, Korean |
| 📆 Customer Service Hours | 24/7 |
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 1 / 0,0001 in BTC
Regulators
FCIS
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
PrimeXBT Minimum deposit – 9 key points quick overview:
PrimeXBT at a Glance- PrimeXBT Minimum deposit – 9 key points quick overview:
- PrimeXBT Minimum Deposit
- PrimeXBT Deposit fees and deposit methods
- PrimeXBT Step-by-step guide to depositing the minimum amount
- PrimeXBT Customer Reviews
- PrimeXBT Pros and Cons
- Conclusion
- Frequently Asked Questions
Finding a reputable list of PrimeXBT minimum deposits local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.
Below is an in-depth Minimum Deposit Review regarding this regulated Forex company, which will assist traders to make an informed decision, when it comes to funding your trading account.
PrimeXBT Minimum Deposit
PrimeXBT has a minimum deposit requirement of only 0.001 BTC (valued at about $65 at the time of writing). This minimum deposit amount was equivalent to ZAR 1 112,72 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
PrimeXBT Deposit fees and deposit methods
PrimeXBT offers traders only payment or deposit methods that can be used when funding accounts.
No other currencies can be used to fund an account, but a trader can buy bitcoin using a credit or debit card through PrimeXBT’s partner CEX, a widget that will pop up when a person wants to deposit funds into his account and help him purchase BTC.
📍 PrimeXBT accepts the following payment methods:
Debit or credit cards
PrimeXBT does not levy additional fees, but third-party charges may be applicable. Processing times for deposits may take exceedingly long due to the six different confirmations required on the network.
Only bitcoin is accepted as a deposit currency.
Traders must ensure that they verify whether their financial institution charges its own fees.
PrimeXBT Step-by-step guide to depositing the minimum amount
Deposits can be made with PrimeXBT using the following steps:
Step 1 – Log in
- Log in to your PrimeXBT WebTrader platform.
- After this, you select one of the deposit methods the broker supports, enter the deposit amount and make the deposit.PrimeXBT is a crypto-only exchange and traders can only make deposits in Bitcoin.
Step 2 –Make the deposit
If a trader has Bitcoin, funding an account is simple. The “Deposit” button will take a trader to the deposit page where he can access his PrimeXBT Bitcoin address.
A third-party Bitcoin purchasing service helps a trader quickly buy coins with the use of a credit or debit card.
Once a trader has the applicable address, he can send Bitcoin. Deposits however take time to show in an account because a total of 6 confirmations on the network are required before crediting it.
If you already have cryptocurrencies on another exchange or a wallet, simply copy your personal Bitcoin address at PrimeXBT and make a transfer to this address.
Step 3 – Review your transaction
Whether you are transferring Bitcoin directly or through the Changelly service — once your transaction becomes visible on the blockchain, you will find a pending transfer in the Deposit history table below.
After making a deposit, funds will be credited to the personal “Wallet” balance. In order to start trading, you will need to transfer them to the Trading account.
Min Deposit USD 1 / 0,0001 in BTC Regulators FCIS Trading Platform Proprietary Platform Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
PrimeXBT Customer Reviews
Awesome didn’t believe it until I was able…
Awesome didn’t believe it until I was able to withdraw… Guys there are the best
Before
Before, I didn’t trade Forex. I just heard about it, and my friends often discussed the stock market, the rise of bitcoin, etc. It seemed to me something cool and exciting.
I always use my principle that good cooperation cannot be built without trust. And it doesn’t matter if you are working with a person or a company. The most important thing is trust for primeXBT.
PrimeXBT Pros and Cons
| ✔️ Pros | ❌ Cons |
| A minimum deposit of 0.001 BTC is needed to start trading | Few deposit methods to fund accounts |
| Offers Bitcoin and trading with other cryptocurrencies | Only Bitcoin accepted as currency |
| Offers Bitcoin and trading with other cryptocurrencies | Only Bitcoin accepted as currency |
| Offers digital assets to trade | |
| Fast execution times |
Conclusion
Overall, the PrimeXBT deposit amount required in order to open a broker account is $65 / R1 112,72. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours.
You might also like: PrimeXBT Review
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You might also like: PrimeXBT Fees and Spreads
You might also like: PrimeXBT Sign-up Bonus
Frequently Asked Questions
What is the minimum deposit required to open an account with PrimeXBT?
0.001 BTC (about $65 at the time of writing).
How do you make a deposit and withdraw money with PrimeXBT?
PrimeXBT offers the following deposit and withdrawal methods:
Bitcoin
Credit card
Does PrimeXBT charge withdrawal fees?
No, but a person will have to pay an arbitrary miner fee (which is standard across the industry) to complete a transaction when withdrawing funds.
How long does it take to make a withdrawal?
Withdrawing from a PrimeXBT account is a straightforward process. A trader needs to visit the “withdraw” page where it is needed to provide the broker with a personal Bitcoin address – this will be the Bitcoin address that the trader would like to white-label for all future withdrawals.
Once the withdrawal has been requested, a trader will have to wait for them to process it. If a trader is requesting quite a large withdrawal, it may take quite some time to be processed. This is because withdrawals are processed from the so-called hot wallets and if there are not enough funds on hand the broker may have to access some from its offline cold wallets.
Will I receive a bonus if I refer a friend or family to PrimeXBT?
Yes. Traders who register a real account with PrimeXBT are not offered a sign-up bonus, but a deposit bonus of 7% is offered, up to $7,000.
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