Past Announcements

Trading pair removal notice: XRP will be delisted on February 10th, 2021

Following significant events surrounding Ripple, as well as delisting of the asset across our multiple liquidity providers, PrimeXBT will remove and cease trading of the following trading pairs on Wednesday, February 10th, 2021 at 15:00 (UTC):

  • XRP/USD, XRP/BTC

Please note that prior to their removal, the XRP pairs will be transferred to ‘reduce only’ status on Friday, February 5th, 2021 at 15:00 (UTC):

  • Orders to open new positions in XRP/USD and XRP/BTC will no longer be accepted after 15:00 (UTC) on February 5th, 2021;

  • Orders to reduce or close positions in XRP/USD and XRP/BTC will be accepted and filled until 15:00 (UTC) on February 10th, 2021.

On February 10th, 2021 at 15:00 (UTC) any remaining open positions in XRP/USD and XRP/BTC will be force closed.

Please take this into account and plan your trading accordingly.

Users can continue to trade all other assets offered by PrimeXBT: the most liquid cryptos, 50+ Forex trading pairs, major indices and commodities.

Thank you for your support!

Margin Requirements for Crypto pairs to be updated on January 12th, 2021

Due to significant appreciation of Bitcoin and the crypto currencies, the recent extreme market volatility, and in order to protect traders from elevated risks associated with high leverage on volatile markets, PrimeXBT will be adjusting margin requirements for the following instruments: BTC/USD, ETH/USD, ETH/BTC, LTC/USD, LTC/BTC, EOS/USD, EOS/BTC.

The new requirements will come into effect on Thursday, January 12th, 2021 at 20:00 UTC.

For the updated margin requirements for Crypto instruments please refer to the table below.

Please note that if you have open positions when the new requirements take effect and the margin becomes insufficient according to them, the positions may be liquidated

Take this into account and ensure your margin Trading or Covesting Strategy account has sufficient margin when the new margin requirements take effect: deposit more funds to the account or reduce market exposure by partially closing positions to avoid position liquidation due to insufficient margin.

For more information about current margin requirements please visit Fees and Conditions schedule.

New margin requirements for regular Trading accounts:

BTC/USD:

From

To

Margin required

Leverage

0

20

1%

1:100

20

30

2%

1:50

30

40

5%

1:20

40

50

10%

1:10

50

>

20%

1:5

ETH/USD, ETH/BTC:

From

To

Margin required

Leverage

0

10

1%

1:100

10

50

2%

1:50

50

100

5%

1:20

100

150

10%

1:10

150

200

20%

1:5

200

>

30%

1:3⅓

LTC/USD, LTC/BTC:

From

To

Margin required

Leverage

0

100

2%

1:50

100

200

25%

1:4

200

>

50%

1:2

EOS/USD, EOS/BTC:

From

To

Margin required

Leverage

0

500

2%

1:50

500

2,500

25%

1:4

2,500

>

50%

1:2

New margin requirements for Covesting Strategy accounts:

BTC/USD:

From

To

Margin required

Leverage

0

30

2%

1:50

30

40

5%

1:20

40

50

10%

1:10

50

>

20%

1:5

ETH/USD, ETH/BTC:

From

To

Margin required

Leverage

0

50

2%

1:50

50

100

5%

1:20

100

150

10%

1:10

150

200

20%

1:5

200

>

30%

1:3⅓

EOS/USD, EOS/BTC:

From

To

Margin required

Leverage

0

500

2%

1:50

500

2,500

25%

1:4

2,500

>

50%

1:2

Margin Requirements for Crypto pairs to be updated on November 26th, 2020

Due to recent extreme market volatility and in order to protect traders from excessive leverage and associated elevated risks, we will be adjusting margin requirements for the following instruments: BTC/USD, ETH/USD, ETH/BTC, LTC/USD, LTC/BTC, EOS/USD, EOS/BTC, XRP/USD, XRP/BTC.

The new requirements will come into effect on Thursday, November 26th, 2020 at 20:00 UTC. Please refer to the table below for the updated margin requirements for Crypto instruments.

Please take this into account and ensure your margin Trading or Covesting Strategy account has sufficient margin when the new margin requirements take effect: deposit more funds to the account or reduce market exposure by partially closing positions to avoid position liquidation due to insufficient margin.

For more information about current margin requirements please visit Fees and Conditions schedule.

New margin requirements for regular Trading accounts:

XRP/USD, XRP/BTC:

From

To

Margin required

Leverage

0

10,000

1%

1:100

10,000

30,000

25%

1:4

30,000

>

50%

1:2

LTC/USD, LTC/BTC:

From

To

Margin required

Leverage

0

100

1%

1:100

100

200

25%

1:4

200

>

50%

1:2

EOS/USD, EOS/BTC:

From

To

Margin required

Leverage

0

500

1%

1:100

500

5,000

25%

1:4

5,000

>

50%

1:2

BTC/USD:

From

To

Margin required

Leverage

0

50

1%

1:100

50

200

5%

1:20

200

>

10%

1:10

ETH/USD, ETH/BTC:

From

To

Margin required

Leverage

0

100

1%

1:100

100

500

10%

1:10

500

>

25%

1:4

New margin requirements for Covesting Strategy accounts:

XRP/USD, XRP/BTC:

From

To

Margin required

Leverage

0

10,000

2%

1:50

10,000

30,000

25%

1:4

30,000

>

50%

1:2

LTC/USD, LTC/BTC:

From

To

Margin required

Leverage

0

100

2%

1:50

100

200

25%

1:4

200

>

50%

1:2

EOS/USD, EOS/BTC:

From

To

Margin required

Leverage

0

500

2%

1:50

500

5,000

25%

1:4

5,000

>

50%

1:2

BTC/USD:

From

To

Margin required

Leverage

0

50

2%

1:50

50

200

5%

1:20

200

>

10%

1:10

ETH/USD, ETH/BTC:

From

To

Margin required

Leverage

0

100

2%

1:50

100

500

10%

1:10

500

>

25%

1:4