What is PrimeXBT, and What Makes it Special?

Nothing can be quite as frustrating for a trader than an exchange that takes a long time to respond to their questions or customer support queries, especially when open trades and live money is on the line. Anyone complaining about hidden costs hasn’t checked well. The best case scenario for investors is to trade the Bitcoin and Ethereum ratio, along with positions in Bitcoin and Ethereum itself, so that profits can be made whichever way the crypto market turns while taking full advantage of the swing opportunities that take place between Ethereum vs Bitcoin. Stock market indices are hypothetical portfolios of stocks that represent specific markets. Popular Global Stocks. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. As PrimeXBT is not available in the US, this is not how to trade crypto futures in US. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. However, we conducted a trading test and provided a detailed review based on our firsthand experience for those interested in the trading experience. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. Nothing can be quite as frustrating for a trader than an exchange that takes a long time to respond to their questions or customer support queries, especially when open trades and live money is on the line. Visit PrimeXBT Platform and get 35% on Your First Deposit. 1% markup is also applied to indices. Minimum order sizes, trade sizes, max exposure, leverage, and funding rates for longs and shorts, can be found here. The more common moving averages for this will include the 50 Day, 20 Day, 200 Day, and 9 Day. Leadership: There is no information available online about the founder or current leadership of PrimeXBT, which is both disappointing and concerning. Please follow the links to each of our affiliated broker’s websites. Overall, I rank PrimeXBT in the middle of the pack. In this article, we will explore the structure and calculation of overnight fees on PrimeXBT, providing you with the knowledge needed to manage these costs effectively. PrimeXBT does offer free deposits for both fiat and crypto, but the withdrawal fees, especially for fiat, are higher than those on competing platforms. In the next section, we will discuss the various asset classes available on PrimeXBT and how to choose the right ones for your strategy. Now, when Bitcoin’s price is stable, it is a perfect time to trade small movements with larger leverage.

PrimeXBT Review – Margin Trading FAQ

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. “, and “when will dogecoin reach x price. These tokens are designed to provide traders with magnified exposure to price movements of various assets, either upwards or downwards. Scan this code to download app. 00006916 and a market capitalisation of $37. After all, it only acts as collateral for the funds borrowed from your broker. If you continue to face issues, please contact our support team at. The trading options are also quite a lot. Additional terms may apply to free offers.

PrimeXBT Leverage Trading – Up To 100X

But always do your own research or as the Crypto community says “DYOR” do your own research. This will help Tradersunion. No, PrimeXBT does not support privacy coins. However, please note that it should be more than the withdrawal fee for the asset you wish to withdraw. For both its financing day long and short positions, its funding rate PrimeXBT withdrawal fees is 0. While PrimeXBT aims to provide an inclusive and accessible trading environment, legal and regulatory considerations may limit services in specific regions. For added security, PrimeXBT allows you to lock the app with a passcode, fingerprint, or FaceID, in addition to their existing account security measures like 2FA. Date of experience: May 20, 2024.

Fact checking Standards

” This will automatically open your position and place it in the “Positions” tab. Link to join: $100 Welcome Bonus. XRP itself fell 65% in what was the worst selloff witnessed in recent times by any altcoin. Unfortunately, as of late 2023, MEXC isn’t available for US residents. The exchange hasn’t been hacked up to the point of this writing and is considered one of the reliable and secure trading platforms. از جدیدترین تخفیف ها با خبر شوید. Affiliate partners receive payouts of up to 50% of trading fees paid by their referrals. However, the question remains: how do these alternatives measure up to PrimeXBT. 0005 BTC but the minimum sum is not specified. PrimeXBT does not accept clients from Restricted Jurisdictions as indicated in its website. PrimeXBT respects user privacy and confidentiality in accordance with its policies and regulatory standards. Plus the fees are truly low, you pay only 0. The platform offers a very limited range of crypto futures markets and conditional orders. As we continue our AskSwagelok series about liquid sampling, Matt Dixon discusses return pressure, the factors that can affect it, and why it matters. The trading platform allows you to plan and execute your trades strategically. We are excited hear that that you’re trusting us with your money, PrimeXBT always works hard for you. No CFD trading fees, but watch out for spreads, commissions, and swaps. Users can narrow search results using the filter options and make a PDF copy of the report by clicking ‘Statement’. In summary, PrimeXBT’s trading fees are very competitive, particularly for futures trading, which boasts some of the industry’s lowest fees. ➡️”I appreciate PrimeXBT’s setup – it’s super transparent, and the charts and tools are top notch. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. You must be logged in to post a comment. Thanks for your feedback. Unlimited via Perfect Money. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative.

Trade With A Regulated Broker

Some security features include. You can use it as a demo account, and if you make it to the top of the leaderboard, you may even win a prize. Understanding the significance of Know Your Customer KYC procedures, we emphasize that all clients adhere to PrimeXBT guidelines, exercising due diligence in compliance with local laws and regulations. To copy from the best traders, you have to find the best possible professional trader. Although it has been a significant commodity in the past,. The rapid proliferation of new technologies, products, and related services has spurred incredible innovation and inclusion in the world of finance, but it has also created new avenues for criminals and terrorists to launder their proceeds or fund illicit financial activities. For example, you are unable to execute an x50 BTC futures contract using cross margin. Ethereum Devs Disagree Over Technical Tweak as Shanghai Upgrade Nears. Clicking the top left brings up a dropdown menu of all available markets, which can be sorted by asset name, current price, and 24 hour change. Finally, a Fiat offramp would also be a hugely beneficial feature so traders could withdraw their winnings to a bank account. Layered Architecture: Cardano’s layered architecture separates the settlement and computation layers, enhancing both security and flexibility. Date of experience: September 03, 2024. Discover more details on their official website. This is an essential feature for complex services with many componentsor services spread out across many regions. We are happy to hear that our support team helped you with all your requests, PrimeXBT always works hard for you. 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. All of this and more are accessible from a single account, making PrimeXBT the ultimate high performance margin trading platform. Needless to say, if it is still around then, one would have to assume it has been successful. While optional KYC is beneficial for users who prefer not to share their personal information with third parties, KYC is essential for adhering to Anti Money Laundering AML regulations. As far as now no reasonable reply just my crypto stuck in their exchange until I am forced to do as they say. In my testing, the platform was reliable and worked smoothly on both Safari and Google Chrome. The price not only crossed the ascending support of the channel up but also the MA200 on the 4H chart. With a 100:1 leverage, the required margin would be 1% of your position size, i. Switching markets and searching trading pairs on PrimeXBT is straightforward. For example, social media influencers, YouTube celebrities, bloggers, forum administrators, and more, can all capitalize on their existing audiences to bolster their revenue streams exponentially using PrimeXBT’s programs. If you’re new to crypto, spot trading, or DCA investing, PrimeXBT might not be the best fit due to its focus on advanced features like high leverage and CFDs, with limited fiat deposit options and no spot trading. This enables crypto traders to speculate on price changes without owning the underlying instrument, offering higher leveraged positions, lower transaction costs, and ease of shorting and cross trading. As an established award winning platform, PrimeXBT prioritises the highest safety and security. Navigation was intuitive, with all the essential tools and indicators just a click away.

IB Reward, Win Sports Car – Lirunex

It may take some time, however, before your payment shows up in the account because there are six automated confirmations that need to be made for security purposes. These steps have helped PrimeXBT maintain a strong security record, with no reported hacks. Learn more about Baksta’s Legal Terms. False information leads to account restrictions, reinforcing platform credibility. By rejecting non essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Learn more about Baksta’s Legal Terms. However, PrimeXBT has not experienced any issues with customer funds throughout its operational history. A panel of experts from Finder has XRP price predictions for this year based on whether Ripple will win or lose against the SEC. Coinbase however offers a far more extensive selection of spot crypto coins. When using live chat, I usually received a response within 2 minutes. With support for multiple cryptocurrencies and instant fiat deposit options, PrimeXBT ensures that traders can quickly and easily fund their accounts to start trading without delay. This intuitive trading platform caters to the needs of both beginners and experienced traders. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. This is to verify a customer’s identity and minimise their risk of being defrauded or their funds being used or originating from illegal activities. The desktop platform largely follows the industry standard layout, making it familiar and easy to use for traders moving from other trading platforms. Dear Ramiro,We’re glad you noticed our fee structure. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. Unlike most exchanges today, KYC verification is optional on PrimeXBT. Best regards,The PrimeXBT Team. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. To be eligible for the PrimeXBT bonus, you must primexbt deposit bonus at least 0. Type below and hit enter. Pionex does not offer direct copy trading, but it does have 16 proprietary trading bots users can select from. Information on the TradersUnion. This article is not intended for residents of the European Economic Area or the United Kingdom. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. 7% last week, marking the fourth straight weekly decline and its largest weekly decline in almost a year.

Kayo

Advanced Charting: Utilize a variety of technical indicators, drawing tools, and chart patterns to analyze market trends and make informed trading decisions. Additionally, PrimeXBT supports third party payment providers such as Volet and Perfect Money. There is no minimum deposit. However, there are some regions where PrimeXBT does not accept users, including. Highlights of PrimeXBT’s Cryptocurrency Trading. A stop limit order is a variant of the stop order that introduces specified limit price as an additional layer of control. Transparent regulated cryptocurrency exchanges, are more likely to have KYC compliance and have KYC measures in place. The process generally involves. Both options connect you directly to a customer support agent, bypassing any intermediary chatbot or AI. PrimeXBT delivered a seamless trading experience. The average order execution speed is 7. The minimum amount of personal funds required to Follow a Strategy. Best regards,The PrimeXBT Team. They only have two types of fees, and these are the trade fee and the overnight fee. No, Prime XBT doesn’t have a demo account. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Breaking: Venezuela’s Dramatic Crackdown on Binance and X Unleashed Amid Election Uproar. A stop loss order is an order that tells the broker to get you out of a trade if a specific price is hit. That is because Deribit is focused on both Futures and Options. Internet Computer ICP. PrimeXBT operates in an unregulated gray area, lacking licensing from major financial authorities like the FCA or SEC. Therefore, soon, the market could be as regulated as the traditional financial sector. For Direct Crypto Deposits. PrimeXBT stands as a versatile platform, offering a spectrum of trading possibilities. Can I change my leverage. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative.

Best Trading Platforms

It’s the most valuable resource we have. The lack of portfolios to browse and copy is a con in itself. Returns or profits may be subject to capital gains tax. Curious if there is a workaround. PrimeXBT is a global trading platform that was founded back in 2018 and has its headquarters in the Seychelles and St. Build skills and confidence before trading with real capital. 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. The few scores available are largely negative, primarily criticizing the platform for its lack of Proof of Reserves, absence of an active bug bounty program, and overall lack of transparency. Basically, customers who choose to use this platform are on their own and do so at their own risk. PrimeXBT is one of the few remaining platforms that has not implemented mandatory KYC. Bitcoke has a powerful trading engine that can process millions of orders per second, ensuring fast and reliable execution of trades. Dear Yago,We’re pleased to hear you find our trading interface modern and user friendly. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. It’s designed to simplify the trading process by allowing you to leverage the expertise of experienced traders, eliminating the stress and emotional challenges like FOMO that often come with manual trading. However, there’s also the daily funding rate that you have to consider since this is leveraged trading. The team monitors withdrawals very carefully. The exchange recently released its tiered fee structure for those traders who do a considerable amount of volume on the platform. 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. This is because the actual login page should have a secure padlock in the browser. To calculate the profit you have made, you multiply the difference between the closing price and the opening price of your deal by its total size. Another notable mention is Collector, with nearly 250% in monthly profits, exemplifying rapid growth and strategy efficiency. The next time you need to buy Bitcoin or top up your trading account, consider taking advantage of the services provided by our new external partner and buying Bitcoin directly through PrimeXBT alternative deposit module integrated into our advanced trading platform. I tested both versions and found that they offered a smooth trading experience without any significant compromises. Thank you for choosing PrimeXBT and for your constructive feedback. Covesting enables users of the app to browse and instantly copy their trading behavior through hundreds of trading strategies offered by other traders. 2024 00343, having its registered office address at PKF Corporate Services Ltd. Com believes that the Bitcoin markets could continues to see a lot of bullish momentum. In the trade tab, manage positions, explore watchlists, and analyze price charts effortlessly. However, if you are more of a longer term trader, you free up time to walk away from the computer and monitor where the position is heading every few hours, or even every few days.

Bot, Social and Copy Traders: Perfect Match

Mythical Games, the leading blockchain for gaming and one of the top four overall by monthly sales of digital assets, is leaving Ethereum to introduce its brand new Mythos ecosystem on Polkadot. This is because if the trade moves against you, you may get liquidated, only to see a turnaround and work in your favor. The feature allows you to compete against one another in a bid to prove your proficiency. If we turn our attention to Bybit, they take the industry standard approach of keeping funds in cold storage to the next level. 0005 BTC charged by PrimeXBT and you will also pay the normal network fee for the BTC transaction. By understanding these features, traders can make informed decisions and optimize their trading strategies on PrimeXBT. Unlike most exchanges, PrimeXBT does not have a tiered fee structure that rewards higher trading volumes with reduced fees. This also multiplies the profits on the wild price swings these assets experience. With up to 200x leverage on Bitcoin BTC and Ethereum ETH CFDs, PrimeXBT caters to traders seeking high leverage opportunities.

Logowanie I Rejestracja W Kasynie Online

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. Currently, BTC is trading at just over $60,000. 📰 Blog: Explore educational posts and news on PrimeXBT’s blog. This is accomplished via its distinct technology and innovative strategy. For example, the minimum order size for Bitcoin BTC trading on PrimeXBT is 0. It allows you to automatically copy the traits that more experienced traders make, without having to analyze the market yourself. We’ve rounded up 15 of the best non KYC crypto exchanges in September 2024. This is much different than most markets that you may be used to, such as futures or stock markets. BitDegree aims to uncover, simplify and share Web3 and cryptocurrency education with the masses. Vincent and the Grenadines and shifted their headquarters location and infrastructure to Switzerland. Traders need to verify what additional charges may be waived by their financial institution. If «Holding» is a popular method to make money with cryptocurrency, and mining is a passive method to make money off Bitcoin,then trading is probably the most profitable way to make money. Review collected by and hosted on G2. Your satisfaction is important to us, and we appreciate your positive feedback. Please note, some markets may only be available via CFDs or other derivatives. We personally contact support using all available methods and present hypothetical problems that users might face. Bybit is a top 5 crypto exchange in terms of daily trading volume with more than $700 million. Learn more about Baksta’s Legal Terms. While the app does send notifications for significant price changes in favorited assets, this is not as effective as custom alerts. If you are still unable to find the email, please whitelist. 99%, even though its all time profit stands at a steep 87. Best regards,The PrimeXBT Team. At the heart of Cardano’s innovation lies the Ouroboros consensus algorithm, which harnesses the power of proof of stake PoS principles, endowing the platform with energy efficiency and environmental sustainability.

Download our 100% FREE Beginner’s PDF Guide and 5 MINUTES Bitcoin Buying Tutorial →

Interestingly, you don’t have to leave the site. Recently Added Categories. The information on this page is not meant to be a sign from Bitcompare that the information is correct or reliable. PrimeXBT takes the most important step in customer safety, which is that they keep the majority of funds in cold storage that needs multiple signatures from multiple staff members to access. The required amount of margin depends on the leverage ratio you want to use in your trades, and you always need to have enough free margin in your account to withstand the negative price fluctuations of your leveraged trades. All data exchanged between you and the platform is encrypted with full SSL encryption, ensuring your information remains secure. Last 2 days for BTC have seen 5% moves, and with 200 leverage its jjust so easy to catch it. In the result of our compliance team or any PrimeXBT team member discovering a user has provided misleading information about his or her residency, the user will immediately have their trading account restricted. Binance, one of the world’s largest cryptocurrency exchanges, offers a copy trading feature that allows users to replicate the trading strategies of experienced traders. These include fan lines, Fibonacci, retracements, and other trend lines. Referral Program: PrimeXBT’s referral program allows users to invite friends and earn a 20% commission on the trading fees paid by referred users. Withdrawal Fees: PrimeXBT imposes a flat fee for withdrawals, with the amount varying based on the cryptocurrency being withdrawn. If you do not have this then you may have to wait for up to seven days as the broker manually resets this. PrimeXBT will now ask you for this number. This occurs when you place an order and the price that you get is nowhere near your desired entry point. This is active and manned 24/7.

11+ Next Crypto to Explode in 2024 – Next Big Cryptocurrency

Consider these factors to decide if PrimeXBT aligns with your trading needs. Traders can take advantage of bullish and bearish market conditions by going long or short. Bitcoin price is showing extreme buying pressure, according to the weekly Relative Strength Index. 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. They aggregate, or “pool,” their liquidity from over 12 different exchanges, so traders never need to worry about a lack of liquidity. To evaluate brokers, we test the accounts, trading tools and services provided. 888Starz APK ilovasini Android va iOS uchun bepul yuklab oling Ushbu mukofotlash dasturlarining eng yuqori darajasidagi odamlar o’zlarining dasturlari doirasida ta’tillarni taklif qilishadi. Different exchanges offer diverse forms of leverage. Webinars and Competitions. Our team is working diligently to resolve the issue. Here are the trading fees on PrimeXBT.

Grab Binance $600 Bonus

Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. 🎶Your path to vocal boldness starts here. The trading platform is great. Use of this site constitutes acceptance of our Terms of Service. 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. 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. Select the Crypto you want to withdraw. This setup can help maximize your potential gains while keeping trading costs minimal. Shibarium is a sidechain of the Ethereum network that runs its own proof of stake consensus, offers faster and cheaper transactions than the Ethereum layer 1, and aims to be a truly decentralized network. However, if you wish to learn more about the exchange, you can refer to our Bybit review article. All data is delayed by at least 15 minutes. The Federal Reserve announced last week that they will keep interest rates unchanged, maintaining its current monetary policy stance. 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. Explore the world of trading with PrimeXBT and unlock new possibilities today.

Collect Your Rewards

Requests submitted after 12:00 UTC are processed on the next day, ensuring a structured and timely withdrawal process for all users. 001 BTC about $65 / R 1 112,72. Verification can help ensure real people write reviews about real companies. Minimum deposit is affordable with a limit of 60USD when buying. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. Compared to our eToro review, there were a number of support methods that were excluded within our PrimeXBT review. Cross margin on the hand and specifically the automatic cross margin PrimeXBT offers, considering you have the available funds, will allow your leveraged position to remain open even if the market moves against you. However, these are typically shorting opportunities once the hype has calmed. Bybit and Coinbase attract different users and specialize in different areas. Additionally, charting and technical analysis by TradingView are available in Analysis section. 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. If your guess is correct, you make a quick double digit profit. Besides the services noted, there are no other staking or lending services offered or other extensive crypto financials services, as the use case of PrimeXBT is more focused on the purpose of trading. Dogecoin is a Cryptocurrency altcoin that trades under the DOGE ticker symbol against USD and other Cryptocurrencies like Bitcoin. PrimeXBT is the first platform that blends both markets, the traditional one with forex, indices, commodities and other instruments and the “new” market with digital instruments. During testing, I received fast responses with a reasonable level of detail. These are the account administration section, the information section and the actual trading platform itself. The platform also allows you to quickly switch from not only Forex pair to Forex pair, but other CFD markets as well, as PrimeXBT offers so many other markets such as crypto, energy, and indices. You decide to close the trade once the pair reaches 1. This causes a slight delay in funds being available in the account. This guide unveils a strategic roadmap, ensuring not only the profitability but also the fulfilment of your role as a successful PrimeXBT affiliate. Date of experience: September 06, 2024. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. M2: Buy Bitcoin and Trade Crypto. All available methods are described in Swagger Schema Definition. Reply from PrimeXBT Copy Trading. The market is looking ahead.

Exclusive Crypto Deal List of 2023

Unlike its larger competitors, PrimeXBT does not offer P2P trading. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. I believe that blockchain technology can build a brighter future and am excited to be part of it. Initial data: Resistance $200 = x / Support level $185 = y / Downtrend target = z. $20,000 or equivalent for unverified users. While ChainLink and Zilliqa are probably not considered small caps, this index has had the best of the month so far even though it has seemingly been a month for Bitcoin in the last 11 days. PrimeXBT also boasts an array of diverse order types on its trading platform for veteran traders. Scan this code to download app. Baksta UAB is registered with the Financial Crime Investigation Service FCIS as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. Keep this in mind when you are budgeting to make your trades. PrimeXBT has remained reputable despite its unregulated status, but users should consider withdrawing funds to private wallets to mitigate security risks. PrimeXBT and BitSeven are two notable platforms, each offering unique features and advantages. Once CDD has been successfully completed, any trading limits and withdrawal restrictions imposed will be lifted. This is a more rounded approach and takes into consideration a lot more than just the charts and general price movement. These rewards go beyond the ordinary, providing you with additional benefits. However, the help center FAQ page and educational material for new traders leave much to be desired, with only about 15 sections compared to over 40 on Binance and Bybit. Receive the latest news and stay informed. This is an impossible amount, as it would swallow the entire financial system. As well as this, there’s a variety of products offering passive income from crypto including savings accounts, liquidity mining, and ETH 2. It’s worth mentioning too that they have a secure and easy to use platform for both new and experienced traders. Restricted JurisdictionsPrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. The PrimeXBT users will receive a warning if there is anything in the order that could prevent the platform from setting a Stop Loss. In the result of our compliance team or any PrimeXBT team member discovering a user has provided misleading information about his or her residency, the user will immediately have their trading account restricted. These apps will allow you to place trades and monitor open positions on the go. Now, let’s consider a contrasting scenario where a trader, fueled by FOMO fear of missing out, rushes into trade positions without proper planning or use of any technical analysis. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. For fees, Bybit follows the standard Maker/Taker fee model meaning that they charge traders a fee if they take liquidity off their books and give them a rebate if they provide liquidity to the exchange. The company states that they perform routine audits and checks on the platform, highlighting that the company takes appropriate safety precautions. This section will explore the common issues that may require a reset and the benefits of restoring the platform to its original state.