What is the PrimeXBT cryptocurrency exchange?
PrimeXBT is a platform for trading cryptocurrencies, futures, and contracts for difference (CFDs), launched in 2018. It offers traders access to a wide range of assets, including cryptocurrencies, forex, indices, and commodities. The platform focuses primarily on high-leverage trading and derivatives rather than classic spot trading. It is popular among experienced traders due to its advanced analysis tools and high performance.
Who owns the exchange and where is the headquarters?
PrimeXBT is registered in the Seychelles. Its headquarters office is located in the Seychelles, while the company operates internationally, serving clients from more than 150 countries worldwide.
In which countries does PrimeXBT operate and where is it restricted?
PrimeXBT operates in over 150 countries, including many major financial markets, but access to the platform is restricted or prohibited in certain jurisdictions. Countries and regions with restricted access include:
- USA (US reportable persons)
- Canada
- Japan
- Cuba
- Iran
- North Korea
- Russia
- Syria
- Sudan
- Israel
- New Zealand
As well as unrecognized or partially recognized territories such as Crimea, the Donetsk and Luhansk People's Republics, Gaza, and others.
Clients from these countries cannot legally use the platform.
Advantages and disadvantages of PrimeXBT
Advantages:
- Intuitive, customizable interface suitable for traders of any skill level.
- No mandatory KYC verification.
- No risk of data leaks due to the absence of KYC requirements.
- Leverage up to 100:1 for all supported cryptocurrencies.
- No minimum deposit or withdrawal amounts.
- One of the lowest fees on the market — 0.05%.
- Impressive security system, with no successful hacks to date.
- High liquidity and instant order execution with an average execution time less than 7.12 ms.
- Real-time risk management mechanism developed according to industry standards.
- Reliable infrastructure based on Amazon AWS.
- High leverage (up to 100x for cryptocurrencies and up to 1000x for forex).
- Variety of assets (cryptocurrencies, forex, indices, commodities).
- Copying trades from successful traders through the Covesting module.
- Available 24/7 technical support.
Features:
- Ability to profit from both rising and falling cryptocurrency prices.
- Instant trade execution without delays.
- Simultaneous opening of opposite orders and trades in one account.
- Leverage calculator to calculate maximum position size.
Disadvantages:
- No spot trading or P2P.
- Limited fiat currency support for deposits.
- High risks due to use of high leverage.
- Regulatory uncertainty in some countries.
- May be complex for beginners due to lack of a "lite" version and functional complexity.

PrimeXBT capabilities
- High-leverage trading across various markets.
- Support for CFDs on cryptocurrencies, indices, forex, and commodities.
- Covesting module for social trading and automatic copy trading.
- Integration with TradingView for enhanced chart analysis.
- Demo account for practice.
- Trading via web platform and mobile apps.
PrimeXBT registration step-by-step
- Go to the official PrimeXBT website.
- Click the "Register" or "Sign Up" button.
- Enter your email address and create a strong password.
- Confirm your email by entering the code from the confirmation message.
- Select your country of residence.
- Choose the trading method (CFD or crypto) and click "Start."
Verification
Verification (KYC) is not mandatory but may be required in case of suspicious activity, large withdrawals, or regulatory requests. Verification involves uploading an identity document and possibly proof of address. The review process takes a few days.

Deposits and withdrawals
PrimeXBT supports deposits and withdrawals via cryptocurrencies and some fiat methods (credit cards, third-party payment systems). Minimum amounts and fees depend on the chosen method. Crypto deposits are usually free; withdrawals incur network fees.
Deposit and withdrawal fees
Crypto deposits are typically free (except for network fees).
Crypto withdrawals incur network fees depending on the specific cryptocurrency.
Fiat deposits and withdrawals via third-party providers may have fees ranging from 1.5% to 4% or higher depending on the provider.
How to exchange cryptocurrency on PrimeXBT
- The exchange process is clear and consists of several sequential steps:
- Select the desired cryptocurrency or fiat.
- Specify and enter the amount.
- Click the "Exchange" button.
- On the next page, enter your email address and complete the captcha.
- Click "Proceed."
- Copy the provided wallet address to send the funds for exchange.
After the funds arrive on the platform, your balance will be topped up.
Transaction times may vary depending on network load and characteristics.
Trading fees
Global trading fee for makers and takers: 0.05%.
Crypto futures trading fees: 0.01% for makers and 0.02% for takers.
Discounts are available for high trading volumes.
No inactivity fees.
No deposit fees; withdrawal fees depend on the cryptocurrency and payment methods.
