How to 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.

Deposit

Navigate to the Deposit page of your Account. Currently, there are 2 deposit options on PrimeXBT - Direct BTC deposits and Alternative Deposits: a) Direct BTC deposits from your personal BTC wallets to your PrimeXBT Wallet:

  • 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 allows you to buy BTC using a Credit Card (fiat currencies) via our partner CEX and have it transferred to your PrimeXBT wallet.

To purchase BTC, click 'Buy Bitcoin', which will bring up the CEX widget. (For a step-by-step guide, see our Alternative Deposit article)

Note: Deposits require 3 block confirmations which usually takes around 40 minutes. Please note that this timeframe can vary during times of blockchain congestion. Once your deposit has been processed on the blockchain, it will be reflected in your Deposit history. Next step - Making your first trade.

Making your first Trade

1) First, you will need to transfer funds from your Wallet to your Trading account. On the ‘Account Summary’ page - click the green ‘Fund trading account’ button:

Note: transfers between Wallet and Trading account are instant and free. 2) To place an order, open the Trade section of the platform. In the Chart widget select the pair you wish to trade and order 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 Position or Order modification window