Quick start: Register, Deposit, and make your first Trade
How to begin trading in 3 easy steps.
Register an Account
The registration process is quick and simple:
- Go to the registration page: https://primexbt.com/id/sign-up
- Choose your account credentials (Email+password), optionally provide your phone number, and agree to the Terms and Conditions
- Click ‘Register’
- Confirm your registration by entering the 4-digit PIN code that you receive via email:
You have now successfully created an account! Next step - making a deposit.
Phone number information is optional when registering and may be used to tie your PrimeXBT account to your mobile number after we implement this feature. Additionally it will allow clients to utilize the telephone support feature (call out on request) as we plan to introduce it in the near future.
Navigate to theMain page of your Account. Currently, there are 2 deposit options on PrimeXBT - Direct Crypto deposits and Alternative Deposits:
a) Direct Crypto deposits from your personal crypto wallets to your PrimeXBT Wallets:
Choose your deposit currency
Copy your personal PrimeXBT wallet address
Paste it into the destination field on the site/wallet service from which you are sending funds (or use the provided QR code)
b)Alternative deposits allow you to Buy BTC using a credit card (fiat currencies) via our partners such as Coinify, Paxful(P2P) ,Xanpool etc., and have it transferred to your PrimeXBT wallet.
To purchase BTC, click 'Buy Bitcoin', which will bring up the alternative deposit widget
Note: Deposits require 3 block confirmations which usually takes around 40 minutes. Please note that this timeframe can vary during times of blockchain congestion.
Each separate currency can be used only in Margin trading accounts, Strategies and Followings denominated in the SAME currency. For example, BTC can be used in a Margin trading account denominated only in BTC, while ETH can be used in a Margin trading account denominated only in ETH.
If you wish to open a Margin trading account, start a Strategy or Following in a particular currency, make sure to deposit the same currency.
Alternatively, using our in-wallet Currency Exchange feature allows you to exchange BTC, ETH, USDT and USDC amongst each other, directly between your PrimeXBT account Wallets.
Once your deposit has been processed on the blockchain, it will be reflected in your Transfer history (click a corresponding Wallet on the Main page of your account to bring up Wallet info)
Making your first Trade
1) First, you will need to transfer funds from your Wallet to your Trading account. Go to Dashboard and click the green ‘Fund’ button:
Transfers between Wallet and Trading account are instant and free.
(alternatively you can complete this step directly in the 'Account' section of the 'Margin' page.)
2) To place an order, open the Trade interface. In the Chart widget select the pair you wish to trade and theorder size (for example pair = BTC/USD, order size = 3.00):
Note: Orders can also be placed from the Watchlist widget, Dashboard widgets, or by right-clicking directly on the chart. For instructions on how to place orders click here.
3) Now, click the Red button to place a Short (sell) order, or Green button to place a Long (buy) order. This will bring up the ‘New Order’ window:
Here, select your desired order parameters, and click ‘Send order’. Your active orders are displayed in the Orders widget.
If your order is executed it will be reflected in the Positions widget. Double-clicking an active order or position will bring up the Orderor Positionmodification window