PrimeBit is a Cryptocurrency Broker

PrimeBit is an online Cryptocurrency broker.

With PrimeBit, you can transfer Bitcoin or Tether, and trade Cryptocurrency pairs on PrimeBit’s Web Trader and MT5 (MetaTrader5) with 1:200 high leverage.

PrimeBit provides you the platforms for margin trading, and you can use PrimeBit’s platforms to make profit from market price movements.

PrimeBit is not a Cryptocurrency exchange where you can exchange Crypto assets.

PrimeBit is also not a Forex and CFD broker, thus you cannot invest in FX currency pairs, indices, commodities, stocks or bnods.

For more information about the available financial instruments on PrimeBit, visit the page here.

Visit PrimeBit Official Website

General Service Conditions of PrimeBit – Cryptocurrency Broker

Every Cryptocurrency broker has unique features and service conditions, due to also the unique characteristic of Cryptocurrency market.

PrimeBit has in-house technology to offer innovative, consistent and smart investment environment for investors.

Please refer to the table below for the summary of PrimeBit’s service conditions.

Available Financial Instruments BTCUSD, BTCUSDT, ETHUSD, ETHUSDT, LTCUSD and LTCUSDT
Available Cryptocurrency with PrimeBit Bitcoin, Tether, Ethereum, Litecoin
Trading Platforms PrimeBit Web Trader (App) and MT5 (MetaTrader5)
Accepted Deposit Currency Bitcoin (BTC) and Tether (USDT)
Maximum Leverage 1:200
Negative Balance Protection (NBP) Applicable
Required Minimum Deposit Amount None
Deposit Fee None
Withdrawal Fee 0.0001 BTC
Fund Safety with PrimeBit Offline Cold Storage for 99% of fund
Market Depth Available
Trading of Forex and CFDs Not available
Mobile Trading Fully Compatible

We have also summarized the trading conditions of PrimeBit’s Web Trader and MT5 platform here.

In order to start investing with PrimeBit, you need Bitcoin or Tether to invest with.

Go to PrimeBit Official Website

For more information about the account verification with PrimeBit, visit the page here.

For more information about the fund safety with PrimeBit, visit the page here.

Comparison of PrimeBit’s trading account types

Mainly you can choose from 2 main account types with PrimeBit, which are Bitcoin denominated or Tether denominated accounts.

Within PrimeBit’s Web Trader and MT5, you can also choose the financial markets to invest in.

Account Type BTCUSD ETHUSD LTCUSD BTCUSDT ETHUSDT LTCUSDT
Contract type Simplified perpetual contract Quanto perpetual contract Quanto perpetual contract Perpetual contract Perpetual contract Perpetual contract
Payout Linear Linear Linear Linear Linear Linear
$1 price change value 0.0001 BTC 0.0001 BTC 0.0001 BTC 1 USDT 1 USDT 1 USDT
Settlement No expiration No expiration No expiration No expiration No expiration No expiration
Max leverage 200x 200x 200x 200x 200x 200x
Reference price BTCUSD spot index ETHUSD spot index LTCUSD spot index BTCUSDT spot index ETHUSDT spot index LTCUSDT spot index
Spot index constituents Bitstamp, Coinbase, Kraken, Gemini Bitstamp, Coinbase, Kraken, Gemini Bitstamp, Coinbase, Kraken, Gemini Binance, Bitfinex, Huobi, Kraken, OKEx, Poloniex Binance, Bitfinex, Huobi, Kraken, OKEx, Poloniex Binance, Bitfinex, Huobi, Kraken, OKEx, Poloniex
Spot index weighting Equal weighted Equal weighted Equal weighted Equal weighted Equal weighted Equal weighted
Funding interval Every 8 hours Every 8 hours Every 8 hours Every 8 hours Every 8 hours Every 8 hours
Minimum contract size 0.0001 BTC 0.005 BTC 0.01 BTC 0.0001 BTC 0.005 ETH 0.01 LTC
Liquidation reference Fair price Fair price Fair price Fair price Fair price Fair price
Contract loss mechanism Auto-Deleveraging system Auto-Deleveraging system Auto-Deleveraging system Auto-Deleveraging system Auto-Deleveraging system Auto-Deleveraging system
Maker fee -0.0250% -0.0250% -0.0250% -0.0250% -0.0250% -0.0250%
Taker fee 0.0750% 0.0750% 0.0750% 0.0750% 0.0750% 0.0750%

Refer to this FAQ to find out how to start your registration with PrimeBit.

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