PrimeXBT Bonus
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Maximize Your Profit! $25 No Deposit Bonus is Here! | expired |
What is the difference between the Bybit and PrimeXBT platforms?
PrimeXBT has a simple, clean, and easy-to-use interface that is definitely user-friendly for novice and professional traders. Traders can find most of the best tools, features, and indicators to add to their trades. Those tools are necessary for placing an order and carrying out a detailed analysis of the trade. The platform shows market data in real-time and able to aggregates liquidity from 12 crypto exchanges, allowing traders to process their orders instantly at any volume.
As for ByBit's trading platform, a user-friendly and visually appealing interface is what it stands for. Compared to PrimeXBT's platform, the charting interface in ByBit is way more advanced and full of popular technical analysis tools, even more than what you would normally find on Binance. From the static top bar, you can navigate many things, making it easier to find a specific feature or tool.
Continue Reading at ByBit Vs PrimeXBT: Which is the Best Derivative Exchange?
What is the difference in trading fees between Bybit and PrimeXBT?
PrimeXBT is definitely on top of the game in offering low fees. Its universal trading fee is usually set at 0.05% per trade for all assets and all types of traders. This number is very low if we compare it with other exchanges since most crypto exchanges would charge at least 0.075% per order. However, remember that apart from the normal fee, PrimeXBT would also charge extra for overnight positions, varying from pair to pair.
Meanwhile, ByBit basically offers a standard fee of 0.075% per trade but also charges an additional fee for market makers. Therefore, it's clear that the trading fee in PrimeXBT is much lower than ByBit, although ByBit's commission is not considered high compared to other exchanges in the industry.
Continue Reading at ByBit Vs PrimeXBT: Which is the Best Derivative Exchange?
How are the charts and order books in Bybit and PrimeXBT?
The default mode of PrimeXBT's trading chart is the candlestick chart, which consists of color-coded red and green candlesticks with the price on the vertical axis and the time on the horizontal axis. You can easily change it into other types of charts such as line or bar graphics by navigating through the left part of the drop-down menu.
Unlike the built-in house charts on PrimeXBT, the charts in ByBit are provided by Tradingview. TradingView has an excellent reputation for providing transparent and accurate charts, so you don't have to worry about its reliability. Overall, the tools and indicators of both sides are quite similar so it goes down more to your personal preference.
Continue Reading at ByBit Vs PrimeXBT: Which is the Best Derivative Exchange?
What are the deposit and withdrawal conditions at ByBit and PrimeXBT?
The funding options in PrimeXBT are slightly better than ByBit because it accepts other currencies such as USD, EUR, etc. through a third-party integration and lets you deposit BTC as an exchange. Meanwhile, ByBit only accepts five digital currencies that include BTC, ETH, XRP, EOS, and USDT. It does not support fiat deposits as of now.
As for withdrawal options, both exchanges only allow crypto withdrawals and no fiat options. To withdraw from your PrimeXBT account, you must go to the main page of your account and then enter the destination address, and the amount of BTC you want to withdraw, and then click "submit to withdraw".
Continue Reading at ByBit Vs PrimeXBT: Which is the Best Derivative Exchange?
