KYC Know Your Customer Definition

This includes everything from its Coinbase Custody service to Prime services. A long position is when you buy an asset expecting the price to rise. Check if the coupon is applicable for your purchase. With a unique link, earn payouts from trading commissions paid by your referrals. But the perks of trading here are not limited to that, such as leverage crypto trading, incredibly low fees, reasonable deposit requirement, no KYC policy and much more. Returns or profits may be subject to capital gains tax. The Covesting module on PrimeXBT tracks all strategy metrics in a public rating system, such as ROI, daily profit, equity, and total followers. While most exchanges don’t support withdrawals to a bank card, PrimeXBT does offer this option but charges a 5% fee, making it unsuitable for large withdrawals. Visit the fees section at PrimeXBT to confirm the exact fees on the day. Margin trading is the act of borrowing from your broker to increase the position size that you would normally be able to trade. Additionally, withdrawals to a bank card come with a hefty 5% fee. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. The “Unbound Networking and Accelerating Growth Initiative” seeks to bridge the divides between diverse blockchain services and networks, heralding a new era of interconnectedness.

PrimeXBT Review: Great Features, Limited Cryptocurrencies

Chainlink LINK is currently priced at $10. Mobile reviews with 4. It’s great that you’re also conducting your own analysis to complement the insights we provide. This makes it extremely popular on the Crypto Market, with some even wondering if it has the capability to surpass Ethereum’s PrimeXBT (Cy) Ltd popularity when making a Cardano price prediction. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. There are two main types of storage for digital currencies: hot wallets and cold wallets. PrimeXBT offers a variety of bonuses and promotions for both new and existing users. After a specific sequence of candle closes are met, the indicator will give a count down to a 9 or 13 buy or sell “setup. This is a possibility; however, it does not guarantee anything good will happen. PrimeXBT offers a user friendly trading platform with customizable workspaces, charting tools, and a variety of order types, including market orders, limit orders, stop market orders, and protection orders. PrimeXBT uses the Maker/Taker model for its futures trading fee structure, and traders enjoy some of the lowest trading fees in the industry when it comes to derivatives. PrimeXBT supports the trading of Crypto Fiat trade pairings. Whether you’re a newbie or an expert, you’ll find the tools you need to make informed decisions. Similar to Bitcoin BTC, when the market experiences a surge in volatility, as it did on Black Monday, altcoins typically follow suit, especially if BTC is significantly impacted. We offer fast and secure Crypto withdrawals. However, the PrimeXBT support team explains this by security requirements: the exchange team checks every transaction for risk scoring, money laundering, and suspicious trading activity. Commissions are tiered, with payouts ranging from 20% for direct referrals to 5% for level 4 referrals. We’re glad you’re enjoying the platform.

PrimeXBT Review: Great Features, Limited Cryptocurrencies

The ability to explore different strategies with various types of margin gives you flexibility in how you trade and manage risk. Moreover, all users who sign up via our link can receive a 20% deposit bonus. PrimeXBT is a leading trading platform that has gained significant popularity among traders for its versatile offerings, high leverage, and user friendly interface. PrimeXBT takes a simple approach to fees by limiting it to only two types: trade fee and overnight fee. You need to have enough funds in your crypto trading account to cover the margin amount, and also some additional funds that form a buffer in case the leveraged trade starts to go against you. For instance, China banned cryptocurrency activities in 2021, making these digital assets illegal in the country. The following sections feature XRP price action and forecasts from various sources. The earliest users ended up with large sums, with many who also lost their private keys over the years. Conclusion: Although the interface and functionality of PrimeXBT may seem complex at first glance, the exchange provides a good opportunity for gradual immersion into the world of crypto trading. Limits often include minimum and maximum transaction sizes, daily withdrawal limits, and exposure limits. Thank you for choosing PrimeXBT. When we reached out, both Garret and Anthony below were free, and they got back to us almost immediately. US users could unofficially access PrimeXBT using a VPN since KYC is not required, however this does put the user’s funds at risk significantly since assets could be frozen to ask for verification, and users from the US are technically banned as per the terms of service. Verification can help ensure real people write reviews about real companies. The remaining $1,000 in your account can be used to open additional trades. 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. I opened this long position with a tight stop loss. In contrast, competitors like Binance and Bybit provide more transparency, which can instill greater confidence in the security and management of user assets. Cryptocurrency analysts employ a wide range of tools, practices, and equations to predict the price of Bitcoin, Ethereum, and others accurately. Note ✍️: Be sure to read the TandCs that apply to this as well as what is acceptable promotion and what is outlawed. The site lists 14 countries on its “prohibited jurisdictions” including Canada, U. It is ideal for experienced traders, offering advanced charting and a variety of tools to support diverse trading strategies. The Bitcoin market has the largest market capitalization of all coins market price x coins in circulation and is arguably the best known digital currency out there.

About Cardano

Best regards,The PrimeXBT Team. In house charting means you’ll never miss critical signals during market moves. Day Trading is an incredibly sentimental activity and it plays on personal greed and fear. PrimeXBT enhances user security through measures such as. 5 of your personal funds. PrimeXBT offices are registered in Seychelles and Saint Vincent and Grenadines and this broker does not hold any regulatory licenses. Many competing exchanges in the industry are far more transparent about their founders, CEOs, and leadership structure. The exchange hasn’t been hacked up to the point of this writing and is considered one of the reliable and secure trading platforms. Thank you for choosing PrimeXBT. 0005 BTC, while withdrawing Ethereum costs 0. 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. This dog themed meme. It is advisable to conduct your own research first before participating in any crypto investment. USDT and USDC TRC 20 tokens require 20 block confirmations which usually takes around 1 minute;. Despite its international footprint, PrimeXBT operates without formal regulation by financial authorities, which might concern some investors due to the lack of formal investor protection and recourse mechanisms typically provided by regulatory bodies. Phemex was founded by Morgan Stanley executives in Singapore in November 2019. This multi level referral scheme offers additional commissions: 20% for direct referrals, 15% for level 2, 10% for level 3, and 5% for level 4 referrals. As the market trended down, the price reached my stop loss, triggering and executing the order as expected. DOGE’s current price is $0.

ADA Price Predictions: 2024 2030

Trade indices like the SandP 500, the NASDAQ 100, NIKKEI 225, ASX 200 and many more. You can also use third party services to convert fiat currencies into cryptocurrencies. It helps prevent fraud and protect users. The platform offers its diverse customer base cutting edge products and professional trading conditions. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. To this end, OKX has also ticked that box with their own OKX wallet. It’s smart to never risk more than you are willing to lose in any investment, and especially in volatile assets like cryptocurrency. Learn more about Baksta’s Legal Terms. Believer in Open Source Software, Blockchain Technology and a Free and Fair Internet for all. $20,000 or equivalent for unverified users. 001 BTC to get started. Crypto futures fees are attractive at 0. A good Forex trading strategy is profitable obviously. PrimeXBT implements a high level of security measures, and as of writing these lines, it has never been hacked. Visit our Help Centre. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. In the event of system overloads, PrimeXBT’s trading engine efficiently manages order queues to mitigate the impact of high volatility. There’s no KYC, and at no point will Uniswap ask for your personal details. The Dogecoin community rallied together and raised over $30,000 worth of DOGE coins, which helped cover these costs for the team. Each wallet is designated for a specific cryptocurrency. Withdrawal Crypto and fiat. Those who struggle with the financing costs generally haven’t traded well, to begin with. Vincent and Grenadines. Each will act a bit differently and will have different volatility characteristics. Cold storage wallets are not connected to the internet, so they are immune to hacks. Another consideration that you will have to make towards an online broker is the payment methods that they make available. The PrimeXBT team is committed to 24/7 customer service. The leverage available depends on the asset type and position size. Copy trading is a real game changer for beginners.

Is my money safe on a cryptocurrency exchange?

Choosing between these platforms depends on your trading goals and preferences. The security or functionality of the network could be impacted by bugs, weaknesses, or technological issues, potentially resulting in financial losses. As a trader that is a huge difference on managing your risk. Learn more about Baksta’s Legal Terms. PrimeXBT empowers traders to go long or short with leverage. However, please keep in mind that a losing trade offers a bigger than normal loss as well. If activating multiple promo types, it is also important to note that: – only 1 Reward promo type may be active at a time – multiple active Trade Fee discount promo types are NOT additive; only the highest active trade fee discount will be in effect at any given time If attempting to activate 2 campaigns of the same type, a notification window will pop up. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. Depositing crypto assets via crypto networks was quick and easy, despite PrimeXBT only supporting 5 cryptocurrencies for deposits. This transparency allows users to make informed trading decisions, about which traders to follow. BitSeven – 1:100 – BitSeven is another new and promising Bitcoin margin trading broker providing 100:1 maximum leverage. Advanced trading concepts can be confusing for beginners. PrimeXBT is a crypto exchange based out of the Seychelles, it’s one of the few exchanges out there which has their company registration there along with other prominent names such as Huobi and BitMEX. It offers advanced order types and allows you to create sophisticated trading algorithms. In our opinion, the lack of round the clock withdrawal can create certain inconveniences for clients, and this is a disadvantage of this exchange. You only pay a commission on winning trades. Hello Vicente,Thank you for sharing your crypto futures experience at PrimeXBT. Those rates are calculated dynamically for every new time interval. Visit our Help Centre. Step 2: Press the Login Primexbt button at the upper right of your screen.

Know Your Customer KYC

But, it’s crucial to manage risks carefully to avoid big losses. PrimeXBT is an award winning, multi asset trading platform that allows you to trade cryptocurrencies, crypto futures, and traditional financial instruments, such as Forex, SandP 500, and Nasdaq composite indices, commodities like crude oil and natural gas, and many others from a single account. Each instrument trades differently, and if a trader is experienced with Bitcoin trading, why not leverage the experience from someone who is an experienced forex trader. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. PrimeXBT does not charge any settlement fees on contracts; however, they do charge overnight fees for holding the position. English, French, German, Italian, Portuguese, Russian, Spanish, Thai, Turkish, Vietnamese. If a withdrawal is requested before 12:00 UTC, it will be processed on the same day. If you need any assistance, feel free to reach out at. We value your presence on PrimeXBT and are dedicated to ensuring your satisfaction. Never invest or trade with more capital than you are comfortably able to afford to lose, to prevent any serious stress from resulting. This could easily be due to user error, rather than anything that PrimeXBT was doing. The platform enables investors to delve into the traditional asset classes, with a robust lineup of Forex pairs—including major, cross, and exotic pairings—as well as a range of Commodities and Indices. Here, we’ll look at each of these elements of the world of Shiba. When the exchange measures its slippage, you can see that 94% of users orders were met at Quote or better Source: Blockgeeks. No, PrimeXBT does not currently offer any services to residents of the United States. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. PrimeXBT is a dynamic cryptocurrency trading platform with a global reach. To open an account with PrimeXBT, you will need to visit their website and click on the “Register” button found on the top right hand side of the page. This method effectively measures the capability of customer support to assist both active traders and casual investors. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. Dogecoin is something that you need to be very careful with. Here’s a step by step guide. Dear Miguel,We appreciate your feedback on the accounts and our fee structure. Bitcoin has a margin requirement of 1% 1:100 leverage. Trade cryptocurrencies, commodities, Forex, and major stock indices with ease using CFDs. We appreciate your positive feedback on our support and community, and we’re committed to maintaining the quality and reliability you’ve come to expect from us. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. If you want to give Options a try, there are only three steps involved: Choose direction, Select options, and Buy options. It also provides a breakdown of individual crypto and US dollar balances.

Managing risks in leverage trading

This is especially true with the explosive growth of decentralized finance DeFi within the space. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. ADA’s destiny is closely intertwined with the robustness and expansion of the Cardano ecosystem. The only drawback with copy trading is that it doesn’t offer a 24/7 experience. Kriptomat is a cryptocurrency broker based in Estonia that launched its service in and offers individuals to buy and sell more than 13 cryptocurrencies. This would surely go a long way to reassure OKX customers that they can safely trade on their platform. Currency assets are traded among themselves, with resources and metals. Best regards,The PrimeXBT Team. It also informs you that Liquidation may occur if your positions continue incurring loss. I tested both versions and found that they offered a smooth trading experience without any significant compromises. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. PrimeXBT does not accept clients from the jurisdictions listed in the Restricted Jurisdictions List. ➡️Guides – PrimeXBT provides Namibian traders with guides on account setup, trading basics, and platform features. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Supported CFD Commodities include Aluminium, Brent, Copper, Crude, Gold, Lead, Natural Gas, Nickel, Silver, and Zinc. You might also like: PrimeXBT Account types. It helps prevent fraud and protect users. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place.

My Key Takeaways After Testing PrimeXBT Desktop

Derivatives are financial instruments that are designed to track the price of an underlying asset. Check out our full PrimeXBT review to learn if it’s right for you. Overall, I rank PrimeXBT in the middle of the pack. STEP 1: Access to the offer. The bonus is given only on the first deposit;2. This attack happened in February, and at the time everyone thought that it couldn’t get worse than that. Established in 2018, PrimeXBT provides access to over 100 assets and contracts across various markets, including Crypto, Forex, Commodities, and Indices. For purchases up to $700, Switchere requires only basic verification. The receiver could convert the Liberty Reserve currency back into cash for a small fee. Compounding the uncertainty, recent legal actions by the SEC against Binance and Coinbase, categorising several well known Cryptocurrencies as securities, inject additional volatility. When your friends deposit, trade and meet the requirements, you will get your reward. Explore and unlock new potentials as you navigate through a wide range of offerings meticulously curated to elevate your trading experience. There are many cryptocurrencies available. Therefore, its unique properties and utility, such as the ability to facilitate smart contracts, should make it attractive for developers. The earn feature is powered by DeFi protocol Covesting, which makes it possible for users to stake their assets for attractive APYs. However, any withdrawal requested after 12:00 UTC will be processed on the following day. PrimeXBT — where innovation meets accessibility for traders worldwide. Remember, the best way to trade the short term outlook of a coin is to trade in the overall long term direction. PrimeXBT is a dynamic trading platform offering a wide range of financial instruments, including cryptocurrencies, forex, commodities, and indices. However, please note that the amount should exceed the withdrawal fee for the asset you wish to withdraw. A lot of analysts believe that BCH will end up being a decent investment, but it’s also worth noting that there is a lot of uncertainty out there when it comes to not only cryptocurrency, but anything that is not either Bitcoin or Ethereum. In 2020 we added Silver and Gold trading articles for our readers. Berkshire Hathaway’s vice chairman, Charlie Munger, called for a ban on cryptocurrency in the United States on Monday, similar to the one in China. Date of experience: September 05, 2024.

Futures Fees

Furthermore, you can use small amounts of trading capital to express your opinion in the market. Financial markets evolve rapidly, and market trends, investor behavior, politics, and other events can drive the performance of each investment strategy. Additionally, there is no Lite version, making it challenging for new or inexperienced traders, as the advanced features can be overwhelming. PrimeXBT integrates TradingView charts, which is a nice feature. To help contextualize this PrimeXBT copy trading review and discussion on its futures, let’s walk through how to access these features. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Select your withdrawal address or add a new address Enter the amount of BTC you want to withdraw Click ‘Submit to withdraw’ Open your email inbox and confirm the withdrawal. It is worth noting that Perfect Money charges the 1. The overall trading interface is straightforward and easy to work with. This setup can help maximize your potential gains while keeping trading costs minimal. Price Alerts: PrimeXBT does not offer custom price alerts, a common feature in the industry implemented by Binance, Bybit, and Kucoin. The most important example of late is the Bitcoin ETF, which was finally accepted for issue on a global exchange. Understanding these fee differences can help traders choose the most cost effective order type for their specific trading scenarios. You can also deposit using Changelly, which effectively means you can deposit any currency into the platform. Scan this code to download app. Therefore it is very important to understand the risk associated with high leverage and employ specific risk management measures. Watchlist Management: Traders can favorite frequently traded assets and easily filter them using the market search feature. Though the platform has a lot of positive reviews and few complaints, and a long history of satisfied traders, this is still an important consideration. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. Assuming you are cross margin trading, but realising that you are using isolated margin mode as your trades close due to margin stop out, can be catastrophic. Best regards,The PrimeXBT Team. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions and other costs, and are not guarantees of future results. Now we’ll delve into some benefits and drawbacks of this program. Tailored to accommodate both newcomers and experienced traders, the platform integrates advanced trading options like margin trading and leveraged positions, enabling users to trade effectively in both rising and falling markets. Additionally, the absence of mandatory KYC verification allows users from around the world to access the platform, bypassing geographical restrictions by using a VPN. PrimeXBT is an acceptable choice for day traders. This fee, if applicable, is designed to cover the service charges imposed by the payment processors and may vary depending on the withdrawal method and currency. Lastly, you can’t rearrange or resize modules on the desktop platform.

Want to use this as your default charts setting?

Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. However, margin accounts are the most lucrative type of trading account possible, as they offer higher risk and higher rewards. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. 9 in January, up from 47. 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. Tips for a Smooth Deposit. The reality is that Chainlink proposes and possesses very useful and valuable technology. Zengo stands out from the crowd as a leading crypto and NFT wallet, equipped with top notch security measures like Multi Party Computation MPC technology, a robust Web3 firewall, and advanced biometrics. This could be ideal for those who like to trade with technical analysis. When you go long, you bet on the price going up and if it goes down you lose money on paper.

Join Our Community

Its chart is powered by TradingView, which means you can overlay a whole host of measurement tools and patterns, as well as add indicators and change the time frame of the chart. The top bar shows your balance, equity, unrealized PL, and used margin, among other metrics. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. PrimeXBT is currently offering a welcome bonus to all its new users that directly increase the funds that you can use to trade. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. The blockchain world is relatively young, and therefore vast amounts of information are not recorded on it. However, their list is quite limited as only 18 coins are offered. The broker accepts Bitcoin deposits only. With the help of Cryptohopper, one can invest in cryptocurrencies that the exchange offers. This is a fantastic way for users to enhance their trading strategies without risking extra capital. For example, if a trader has a balance of $10,000, they will want to not risk more than US$500. 🌍 Global Accessibility: Operating in over 150 countries, PrimeXBT boasts a community of over one million traders. It also features an NFT marketplace where users can buy, sell, and trade NFTs. This leaves Volet and Perfect Money as the alternatives. Trading the CFD markets allows for many markets to be traded. This movement highlights the volatility and sensitivity of Bitcoin around significant price milestones, influenced by recent monetary policy results and political developments. In 2018, FINMA stated that it would take a “balanced approach” towards the cryptocurrency industry and allow “legitimate innovators to navigate the regulatory landscape”. PrimeXBT does not charge for deposit or wallet creation. Cryptocurrencies with a high supply tend to have lower prices. The copy trading offered on PrimeXBT has been growing in popularity, attracting some talented traders to the platform. Additionally, PrimeXBT displays order book and live trade data alongside the price charts. The platform provides leveraged trading for various assets, with maximum leverage of up to 200x for cryptocurrencies and up to 1000x for forex and commodity assets. Makers, by placing orders that don’t fill immediately, contribute to market liquidity, facilitating smoother trades and narrower price spreads. PrimeXBT offers an entirely anonymous experience. Since PrimeXBT’s inception, services have been restricted to users or residents of a number of countries globally. On chain market data offers valuable insight into investor behaviour. Reply from PrimeXBT Copy Trading. Because of this, the price movement in the future is going to be more likely than not to be dependent on social media hype. With our Referral Program, you don’t only earn from the people you refer direct referrals, but from the people they refer, and so on indirect referrals, up to 4 levels.

PrimeXBT:

In the case of a hacker, gaining access to a user’s password will still keep the account safe, thanks to the 2FA protocols set on the platform. Traders should carefully consider the risk associated with copying trades and ensure they have a thorough understanding of the strategies employed by the traders they choose to follow. Bitcoin and other digital currencies are incredibly volatile, with their value fluctuating based on market conditions. Its market moves differently so it is in demand for people hedging against uncertainty. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Reply from PrimeXBT Copy Trading. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. Also, we highly recommend enabling 2FA 2 factor authentication and login notifications. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Since PrimeXBT is solely a derivatives trading platform and does not offer spot trading, it has not been reviewed by many of the trusted ranking websites we typically rely on. We have watched Bybit go from a small insignificant exchange to one of the largest, most trusted and reputal exchanges in the space, one that we are fans of nowadays. Typically, some devices may experience slowness when the memory is full. 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. Please note that only the Credit or Debit Card payment option is available at the moment. While we were conducting our PrimeXBT review, our experts were thrilled to explore all that they have to offer. Indicated that the app’s privacy practices may include handling of data as described below. PrimeXBT’s margin requirements aim to reduce the likelihood of liquidation by ensuring that holdings are sufficiently funded to weather market swings. Receive the latest news and stay informed. Furthermore, it allows the profitability to be expanded, beyond what would normally be possible in a standard cash account. So, we have gone through almost all the online codes and discovered that the correct code is ‘TMMBONUS. Under the new regulations coming for crypto in the US, it’s likely both centralized and decentralized exchanges will implement more KYC processes in order to issue Form 1099 DA in the coming years. Many traders follow the news when trading in the financial markets. PrimeXBT: Deposit/Withdrawal Fees. Dear Carlos,We’re delighted to hear that you appreciate the wide range of assets available on PrimeXBT, including forex, commodities, cryptocurrencies, and indices.

Worse

BNB Smart Chain network BSC for BEP 20 tokens. The DOGE futures markets are available at various places, allowing the trader to establish a short position as well. You can download it on both Android and IOS devices. If you see the value of your investments fall quickly or simply enough, your brokerage can sell them without notifying you. We highly recommend that you control your positions and keep a sufficient amount of funds in your trading account at all times, even if you’re convinced that the trade will be profitable. Sergio is an expert on cryptocurrency gambling at Cryptonews. Select Accept to consent or Reject to decline non essential cookies for this use. I switched from spot exchange and was really worried that couldn’t adapt to margin trading rules.