Trading fees and withdrawal limits on Primexbt

Trading fees on PrimeXBT

Trading fees are also an important factor to be considered when you choose a trading platform because you of course do not expect your earnings are not able to cover the fees. However, as mentioned before, PrimeXBT trading platform has a much lower level of fees than that of entire ecosystem

PrimeXBT is quite transparent with their fees with two types

  1. Trading fee: this fee is charged when you enter a command.
  2. Overnight Fee: this fee is charged for an overnight position

Trading fees on Primexbt is 0.01% – 0.05%, which is much lower than equivalent CFD brokers like IQ Option etc. PrimeXBT also offers some attractive discount rates which can be gained by alternate trading volume within 30 days.

trading fees primexbt

  • If you open or close a leveraged position on the same day of trading, you will not have to bear the overnight financing.
  • Because the tools at PrimeXBT are leveraged products, you capitalize the trading value through overnight financing. This borrowing (capitalization) cost depends on the liquidity of the primary assets.
  • PrimeXBT is one of the trading platforms offering relatively low level of fees in the market, that why this “young” platform attracts many investors. The trading fees applied for each market as well as each product traded are variable.
  • Normally, the trading platform for cryptocurrency classify types of trading fee according to Maker or Taker commands; however, in PrimeXBT, the trading fees are usually charged for all commands.

Deposit and Withdrawal Limits on PrimeXBT

Prime XBT allows to deposit BTC, ETH and USDT, USDC into your wallet, you can make a deposit and withdraw money unlimitedly.

Primexbt allows investors deposit BTC into their wallets in two ways: one is to deposit directly from an existing wallet on another platform, the other is to buy BTC paid by Visa/Master cards.

deposit bank card primexbt

  • Directly deposit from a wallet on another platform such as cryptocurrency exchanges, cryptocurrency storage wallets, Cold wallets, the minimum amount is 0.001 BTC without any fee.
  • Buy BTC from P2P Exchange like Paxful or paid by Visa, Master cards, the minimum amount for the first purchase converted into USD is $50, the maximal amount is $20.000 per day with fee of about 3 to 5%

Maybe you are interested about How to deposit on Primexbt

Note: PrimeXBT processes all pending withdrawals once a day, between 12:00 and 14:00 UTC. A withdrawal requested before 12:00 UTC will be processed on the same day. Any withdrawal requested after 12:00 UTC will be processed on the next day. The withdrawal fees at Prime XBT are as follow:

Because ETH, USDT and USDC operate on the Ethereum network, the withdrawal fees and gas fees depending on the Ethereum network will fluctuate up and down.

BTC withdrawal fee is 0.0005 BTC/1 withdrawal time, which is quite cheap compared to that of other platforms, you need an overview of the primexbt project, follow this article “Primexbt Exchange Review and Test the trading platform” In the article you will learn a lot of knowledge, the most detailed comparison from our customer.

Comments (No)

Leave a Reply