Can Dogecoin reach $1? An exhaustive exploration
This allows the trader to psychologically accept the losses that will inevitably come from time to time. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. According to the provider’s website, they use AI based tools to monitor the cryptocurrency market, which again, according to Signals Blue, allows them to produce and provide signals quicker than anyone else. 2024 00343, having its registered office address at PKF Corporate Services Ltd. However, there were a few areas of disappointment. Log in and complete the KYC Know Your Customer process. Investment Risks: Futures and Forex trading involve substantial risks, potentially leading to the total loss of capital. It is uniquely designed to head on address the scalability issues associated with Bitcoin, Ethereum, and other gen 1 and gen 2 blockchains. I love the trading platform and it is convenient to use. BITCOIN BTC/USD: As the New Year unfolds, Bitcoin has begun emerging from its extended consolidation phase, reclaiming momentum and trading. If you do not see this then it means that you could be on a phishing site and should leave immediately. I don’t know about manual trading with the broker, but PrimeXBT copytrading is a great feature. This places PrimeXBT more in line with the fees model of a CFD broker than a Futures exchange. Our website uses cookies. In summary, PrimeXBT’s history is characterized by rapid growth, continuous innovation, and a steadfast commitment to providing a secure and comprehensive trading experience.
PrimeXBT Review 2024: Comprehensive Analysis
The broker also provides platform tutorials on its YouTube channel. You can calculate how much interest you’ll pay or earn when keeping a position open overnight by using the formulas below. The content of this website is not intended for residents of the European Economic Area or the United Kingdom. PrimeXBT is always looking to stay competitive. Virtual Assets are high risk products, highly volatile, with fluctuating values. Typically, IEOs feature new tokens that are offered to exchange’s users at a fixed price, and are listed on the exchange shortly after the token sales concludes. As a global trading platform, PrimeXBT is available in over 150 countries, making it more accessible than many of its competitors. I conducted my testing on 17 December at around 11:58 a. Active users across the world. Well, I was surprised to find out the commissions on crypto futures for taker 0,02% and maker 0,01% which is low and cheap compared to other crypto exchanges. To get started, you will first need to choose a reliable VPN provider. We’ve compiled the main ones. They are a fully anonymous exchange which can be advantageous for those traders that value their online privacy and would not like to send over personal documentation. Trade Crypto Futures Contracts incl. However, if you’re using traditional payment methods like Visa or Mastercard, your bank may want to verify the transaction. The educational materials cover basic topics, but I’d like to see more examples of advanced strategies.
PrimeXBT Crypto Trading An Incredibly Easy Method That Works For All
You can reach them at any time of the year, even during holidays and weekends. This could be ideal for those who like to trade with technical analysis. It takes just a few minutes to get started. 3 billion fine for failing to comply with AML regulations. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The reputation of a crypto exchange is a strong indicator of its reliability and trustworthiness. To delete your PrimeXBT account, you will need to contact customer support directly and follow their specific process, which usually includes verifying your identity and ensuring all open positions are closed and funds are withdrawn. However, the broker’s educational content lacks diversity and breadth. Traders should be aware of the risks associated with leveraged trading and exercise caution in their trading activities. Another common mistake among crypto traders is to trade against the trend. Finally, PrimeXBT also runs a pretty unique medium blog. Switching markets and searching trading pairs on PrimeXBT is straightforward. None available at this time. Pro Tip 📲: Traders can use the PrimeXBT Telegram Bot which will send them price alerts, open positions and executed orders. But before doing this, be sure to independently study the technology, information about the developers and assess the risks. Pro Tip 💯️: If you need to have your query answered quickly and you are not getting a response through their ticket support system then you can always hit them up on their social media. This leaves Volet and Perfect Money as the alternatives. Robinson is also a member of the Young President Organization YPO, NextGen network of executives and the Council of Urban Professionals CUPA. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. Of course, each cryptocurrency withdrawal is still subject to the industry standard miner or network fee, but Bybit keeps these as minimal as possible. They believe that this practice creates extreme risks for users that their personal primexbt.com details and financial information will be stolen, leaked, or otherwise used against their own best interests. Coinpanda supports the following transactions from PrimeXBT today.
Conclusion
Accordingly, this broker has excellent reputation. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. The latest rally was significantly accelerated with the launch of Bitcoin exchange traded funds, which have both increased the number of BTC buyers and seen the Crypto once again gain exposure in the mainstream media, skyrocketing the price to just above $71,700. Altcoin Season Index: Is it Altseason right now. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Contracts for difference CFDs are derivatives that speculate on the underlying asset’s price without physical ownership. Avoid this exchange altogether. Although Pruglo has been discreet when it comes to partnerships, it seems that the adoption of the Covesting Module is well on its way. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. PrimeXBT is committed to adhering to international regulations and implementing measures to ensure compliance with legal standards in the jurisdictions where it operates. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. The platform also enables crypto withdrawals of up to $20,000 per day without needing any ID verification. Readers are encouraged to do thorough research before making any investment decisions. In our experience the customer support of PrimeXBT was very responsive. What Makes EUR/USD the Most Traded Currency Pair. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. Head to the « withdraw » page and provide your Bitcoin wallet address. You can use what is known as a “stop limit” order to protect against this. Here’s a quick breakdown of the standard withdrawal fees for common cryptocurrencies. However, the platform lacks spot, margin, bot, social, or P2P trading, which may be a dealbreaker. Of the 100 markets available at PrimeXBT, there are cryptocurrencies, stock indices, commodities, metals, and forex currencies. I believe that blockchain technology can build a brighter future and am excited to be part of it. Compensation Fund per user. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa.
How it worksHow it works
When you trade CFDs, you’re betting on price changes from when you open to close a contract. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. The platform also conducts regular security audits and complies with industry standards to ensure a secure trading environment. We’ve got you covered with access to 100+ global markets on one platform. Below is an example of how leverage will work on the PrimeXBT platform. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. The only purpose I claimed the reward money is because I wanted to put an extremely high leveraged risky trade on. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. By taking these nuanced factors into account, you can better assess the security of the crypto trading platforms you’re considering in the USA. While the immediate connection to an agent is comparable to exchanges like Kraken, competitors like Binance provide more comprehensive and accurate responses. This is why the market is open 24 hours a day because the banks are global in scope. Seek independent advice if you have questions or do not fully understand the risks. Regulated and Licensed. In the result of our compliance team or any PrimeXBT team member discovering a user has provided misleading information about his or her residency, the user will immediately have their trading account restricted. Some of the most commonly followed ones are the following. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. Click Download and confirm the file download if you see a warning. PrimeXBT allows you to buy and sell cryptocurrencies on margin with very attractive leverage ratios. The cryptocurrency industry is a booming, new financial market surrounding emerging technologies. Required fields are marked. While there has been a major relief rally in early 2023 and we are now seeing the average price increasing towards the end of the year, there are still questions as to whether the current price can hold, as the are so many investors that have doubt. It is honestly very easy to use. Our team of experts work to continually re evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Seek independent advice if necessary. Only an extremely small portion of digital assets are ever held on hot storage for the highest level of protection. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. Over the last few years,. Facilisis sed odio morbi quis. 35350, protecting your account but locking in losses. Just noticed of late that PrimeXBT has increased the spreads exponentially.
Is PrimeXBT suitable for spread betting?
There is a strategies section on the platform, fast and easy deposits and withdrawals, and the support service responds within minutes. Get access to a wide range of trading, investing, and Crypto services from a single app. It also employs advanced security measures, runs regular tests, and mitigates potential risks with considerable foresight. Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands,Island Majuro Ratak Chain MH96960. Here, PrimeXBT has over 100, still more than enough at least for meWhat is cool is that they are crypto oriented, they got crypto futures and allow buying/holding crypto. Returns or profits may be subject to capital gains tax. You decide that the pound will continue to look weak going forward, as the economic figures coming out of the United Kingdom continue to nosedive. PrimeXBT presents a commission free pricing environment for all non crypto assets and levies a 0. For enhanced security, it offers two step authentication and biometric login options. You’ll see all the trading tools and financial instruments available. 🌎 PrimeXBT Official English Speaking Community PrimeXBT is an all in one platform for all your trading needs. To protect user data and integrity, PrimeXBT has developed a comprehensive anti money laundering AML system, adhering to the guidelines and recommendations of the Financial Action Task Force FATF for Virtual Asset Service Providers. You can choose the buy option to create a long position or select the sell option to create a short position. This award winning avenue gives beginner and expert traders the best way to venture into cryptocurrency trading. Best regards,The PrimeXBT Team. From there, users can buy BTC, fund their trading account, and begin profiting right away. No, PrimeXBT does not currently offer any services to residents of the United States. Seek independent advice if you have questions or do not fully understand the risks. Imagine you have a set amount of money to invest in a particular Cryptocurrency. Covesting is a feature on PrimeXBT that allows users to follow and copy the trades of experienced strategy managers automatically.
Kemas Kini Terkini
Post merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. This primexbt review of mine is long overdue, lol. In financial markets, where time, knowledge, andexperience are paramount, copy trading has become a transformative tool forinvestors. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. This provides users with a fantastic and passive way to potentially earn profit from experienced traders, as well as diversify one’s trading portfolio. The two platforms each are known for excellence in the trading community, but one must take the crown for copy trading and a complete range of features, products, and services. This predictable fee structure is convenient for many traders. What Makes EUR/USD the Most Traded Currency Pair. The good news is that it is quite easy to avoid a margin call, with just a bit of caution and common sense. PrimeXBT offers over 100 tradable instruments on its Forex and CFDs account, including currency pairs, commodities, indices, and cryptocurrencies. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Because of PrimeXBT’s custom trading interface, this screen is highly customizable. 🚀 Website: Dive into PrimeXBT’s core info and updates. It is calculated based on the following formula. PrimeXBT PTY LTD previously Stack Advisory PTY Ltd is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. This can help you define a range of prices, or once it hits the trigger price, can execute a sell order to short the asset you are trading. Other restricted regions include Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, various U. There are also other less tangible so called “soft announcements”, such as the University of Michigan Consumer Sentiment, which measures how the US population “feels” about the economy. Learn more in our Cookie Policy. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. Choose wisely for your investment journey. Many individuals opt for no KYC know your customer exchanges because they prioritize privacy. Io function as affiliate links. 414 Fibonacci price target drawn from the 2021 swing high to 2022 swing low projects a target for this cycle of $9,700 per ETH. PrimeXBT and BitMEX have distinct fee models that cater to different trading activities.
Jared
After depositing the funds and transferring them to the trading account, you are ready to trade on PrimeXBT trading platform. We specialise in Crypto and CFD trading, offering a dynamic range of web and mobile platforms tailored to the varied needs of traders. Risk management techniques include setting stop loss and take profit levels, diversifying your portfolio, and using the platform’s risk management tools effectively. Good platform to learn how to trade. Our human support team is here to help 24/7, in your language. Trade: Details of orders and positions can be found on the trade page. Note that you should never keep a large amount of cryptocurrency in a paper wallet, as the sheet is vulnerable to many types of damage. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. The ability to get instant help can save you from unnecessary stress and potential losses. The broker is heavily focused on crypto services, offering an extensive range of cryptocurrencies but a limited selection of other instruments. Com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. If implemented, this mechanism could generate around $60 million in annual revenue for AAVE holders. Crypto Deposits: PrimeXBT offers free crypto deposits. All trades on Bisq are non custodial, which means that Bisq never holds users’ funds, and all data is transferred through Bisq’s own secure, peer to peer network built on the Tor network. They will send out an email to the address that you have provided so that you can verify it. But the transparency of this process raises questions. Web wallets are wallets that can be reached by visiting a website or domain URL.
Regenerative Finance 101: A Guide to Crypto’s ReFi Movement
Market Discover: Although PrimeXBT lacks a dedicated discovery page for markets, the limited number of assets available makes this feature unnecessary. Click Download and confirm the file download if you see a warning. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. The fiat withdrawal process was straightforward but took a long time. It is also important to note with the lack of KYC requirements that they are playing on the less cautious side of friendly regulation which may see some crackdowns in the future. PrimeXBT adjusts leverage limits based on market exposure. Though founded and registered in Seychelles, with offices in St. The revenue share program offers a 50% uncapped commission on trading fees collected from referred users, while the CPA program offers up to $2,500 per referred user, depending on the deposit amount. There is also a system of bonuses and additional passive earnings. Information regarding past performance is not a reliable indicator of future performance. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. Visit our Help Centre. Go to Settings > Security and enable Install from Unknown Sources if prompted. Not too far behind is commoditytrade at second place, with a monthly profit of 32. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Moreover, PrimeXBT does not provide Virtual Private Server VPS hosting, which is necessary to achieve ultra fast order execution speeds. Finally, execute the transaction by clicking “Send Order,” with automated exit orders in place for added security. Unlike many competitors, PrimeXBT lacks a tiered fee structure for rewarding high volume traders with lower fees. Copy Trading provides an easy entry point to profitable trading for beginners.
Risk warning
Be certain to backtest strategies for regular success and results. Those parameters are explained in detail on this page. Disclaimer: These are the writer’s opinions and should not be considered investment advice. You can hold onto a margin trade for as long as you like, with the caveat that overnight financing can be quite substantial over long periods. Bybit is a cryptocurrency broker based in United Arab Emirates that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies. PrimeXBT offers limited withdrawal options, especially compared to Binance and Bybit. Are they actively engaging with those users, through things like promotions, giveaways, quizzes, and all the things that make social media attractive and fun. Traders must comply with these regulations to avoid potential issues and ensure a smooth trading experience. During my testing, deposits were credited promptly but required more network confirmations than exchanges like Binance. It’s like a roadmap for trades, defining under what conditions you open a trade, when to close a trade, how much to risk per each trade, where to take profits, what markets to trade, what strategy to use, and more. ProBit, a South Korean CEX, supports over 600 cryptocurrencies. Sponsored profiles include a link out icon that takes users to the provider’s website. 071 USDT in trading fees. Indicated that the app’s privacy practices may include handling of data as described below. Gemini also offers these advanced trading features through their mobile app, so you can trade on the go. The Covesting module, in particular, is often highlighted as a valuable feature that allows users to follow and replicate the trades of successful traders, making it an attractive option for both beginners and experienced traders alike. Any withdrawal requested after 12:00 UTC will be processed on the next day. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. Autocopying has additional advantages, which you can learn more about in myAlpari. This process is in place to comply with regulatory requirements in the United States and to ensure the security of its platform. This website is owned by Stack Advisory PTY LTD, a company registered in South Africa, with registration No. We’re glad to hear that your USDT transaction went through smoothly and that you’re satisfied with the availability of credit card deposits without additional fees. By understanding the trading fees and their calculation, traders can plan their trades to minimize costs. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. You also have pretty extensive order options which is more than we have seen on other trading mobile apps.
My Key Takeaways After Testing PrimeXBT on Mobile
They can be used in various financial transactions, including retail purchases, investments or just as a store of value. PrimeXBT ForexHistory. PrimeXBT was launched in 2018. These services are governed by the legal terms and conditions of PXBT. In this article, we will dive into understanding this bearish reversal chart pattern, and why it is considered an essential element in the toolkit of many technical traders seeking to fine tune their strategies. If you need any further assistance or have suggestions on how we can improve our resources, please reach out to us at. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. The provided educational materials do not constitute professional advice in any area, including investment, financial, legal, or tax. 08% by paying using KuCoin’s proprietary token KCS. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. Users can open accounts, deposit crypto, and start trading with just an email address. It is possible to make a lot of money Day trading, and it is possible to become really good at it, but it takes a bit of work to get going and to become highly successful. This can be extraordinarily beneficial on a spot market that moves frequently and rapidly, like the currency or crypto market. PrimeXBT does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by PrimeXBT. Starting with PrimeXBT is easy –just follow our simple PrimeXBT registration process. For example, here are the base margin requirements and resulting leverage for a few of the 41 available cryptocurrency pairs. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. More information on the fee and trading conditions can be found here. When the date of fulfilling the obligations is arrived at, you will agree to sell your contract at a lower price. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. This makes Cardano one of the most successful blockchain projects. The interface is designed with both beginners and experts in mind. 80 for using the BNB Smart Chain BEP20 network, whereas Binance charges 0. Fortgeschrittene Handelsstrategien beinhalten ausgefeilte Techniken, die von erfahrenen Händlern genutzt werden, um Renditen zu steigern oder Risiken zu managen. This website is owned by PrimeXBT PTY LTD. PrimeXBT Contests provide an exciting opportunity for traders to participate in risk free trading competitions using virtual funds. That being said, individual traders do not have the means to trade in that manner, as to trade on the Interbank market itself requires millions of dollars. Our clients love how fast and simple our sign up is. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds.
Join Our Community
Returns may be subject to tax. The PrimeXBT team is committed to 24/7 customer service. These widgets can contain a chart, order form, trades, messages etc. It also provides discounts to high volume traders. These factors make PrimeXBT an attractive option from a cost benefit perspective. Essentially what happens is the supply of BTC is cut in half, but the people that want it doesn’t. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. In this article, we will explore the structure and calculation of overnight fees on PrimeXBT, providing you with the knowledge needed to manage these costs effectively. But you are not required to open such a large position. Traders should exercise caution and have a thorough understanding of the risks involved in leveraged trading. For enhanced security, PrimeXBT reserves the right to manually review a withdrawal request prior to its approval, particularly if it activates a suspicious activity alert. The market will continue to have volatile times, and therefore. Easily buy Crypto with Visa or Mastercard. Baksta is a virtual currency exchange operator and virtual wallet holder with the Financial Crimes Investigation Service FCIS. EToro allows you to copy the trades of other experienced traders or investors, and they earn a percentage of the spread from their copiers. It will more likely than not continue to be more of a fringe token at best. PrimeXBT is a cryptocurrency platform that combines the functions of an exchange, an exchanger, and a platform for trading crypto derivatives futures and CFDs. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation. However, there is a daily limit of $20,000 or equivalent, unless you’re KYC verified. Having professional crypto traders share their strategies has helped me. Ethereum is one of the two most popular blockchains in the world, with a market cap standing at over 458 billion US dollars in June 2024. It would be nice to see the platform test the waters with API functionality as more exchanges introduce API functionality to their platforms. Basic Attention Token BAT. This allows traders to open larger positions than they could with just their own money, potentially leading to higher profits. The systems, strategies, and examples discussed are provided for educational and illustrative purposes and may feature hypothetical or simulated performance results, which come with inherent limitations. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. According to the FCA, mirror trading fits within MiFID’s definition of portfolio management. The team also checks user submitted coupons for their authenticity.
Av Santa Isabel 0301 C Providencia
The results are shown in the table below. The content is written in an easy to understand language without intentionally misleading language. Ethereum is much like many other cryptocurrencies, which is extraordinarily volatile. Depending on the type of a promo campaign, specific rules and conditions may apply to the promo, as listed below. Each withdrawal has to be approved by two human signatures offline before it can be processed. Each account on PrimeXBT has a Daily Limit, a standard 24 hour withdrawal limit of $20,000 or its equivalent in other currencies. Seek independent advice if you have questions or do not fully understand the risks. Our goal is to provide a comprehensive trading environment that caters to the needs of traders at all levels. Advanced trading concepts can be confusing for beginners.
Collect Your Rewards
When customers navigate to the copy trading area of the platform they will be presented with a long list of traders, their trading performance for the past 24 hours, and their longer term performance. These services are governed by the legal terms and conditions of PXBT. Please reach out to us via email at. There is a blog available to anyone that’s interested and if this doesn’t manage to address your concerns, you can also use Twitter, Facebook and Telegram to contact their team. If you sell when the FTSE 100 is trading at 7505. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. PrimeXBT’s mobile app mirrors the tools and features of the desktop platform, offering a range of useful functionalities, including. PrimeXBT has not been hacked and is generally considered a secure and trustworthy platform. The trading interface on Bybit is quite standard in comparison to what you will find on many of the top tier exchanges as it has proven to provide a great trading experience with loads of functionality. This company responds to reviews on average within 11 days. The support manager recommended me to go the Analysis page and use the TradingView database. Scan this code to download app.
Up to $600 in Welcome Bonuses!
A margin call is when the value of your investments has fallen below the necessary collateral for the margin loan you have taken from the broker. Lately, I hear more often that someone is trading on this platform or opened trading account. Yes Bitget offers fiat on and offramp services via third party integrations. The results of strategies vary widely, and you should have a few things in the back of your mind when choosing one to follow or copy. Our process included signing up, completing the KYC Know Your Customer verification, logging in, depositing funds, and making withdrawals. Alternatively, you can sign up on PrimeXBT to get a first hand account of the platform. KYC is optional on PrimeXBT. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. PrimeXBT operates three entities. Throughout its history, Dogecoin’s price has been influenced by various variables, including celebrity endorsements, market sentiment, and social media hype.