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Ibadan
4 Level
205 Review
410 Karma

Review on PrimeXBT by Olukayode Oyelami

Revainrating 4 out of 5

PRIMXBT CRYPTO EXCHANGE FROM SEYCHELLES

The exchange was established in 2019, Seychelles. it has many trading product which includes cryptocurrency, forex, commodities and indices.

These are some of the great feature of this platform, registration on the platform is very easy, no need of verify you account by submitting any document before you can use the platform. The platform makes it possible for users to earn from inviting family and friend to join the platform.

Funding the platform is so simple, i love the different method the platform support in making deposit which include crypto transfer, bank transfer, debit and credit card. Though i really have issue with the way the withdrawal was set up. There is time frame to meet up it when making withdrawal, if missing the time the withdrawal will be in the next day, i will like the team behind the platform look into this because in my opinion this will be a set back for some trader that need to access their fund at any point in time. It as a reasonable withdraw fee that base on amount of digital asset you want to withdraw. It worth mentioning that withdrawal must be in bitcoin.

If you are are looking for the platform without trading limit, this platform is not for you because it has a limit in respect of trading that you must not exceed otherwise you order will not be process on the platform. i think this can also be review as well because in my opinion it has a lot of competitor that offers no limit in respect of trading.

Though the platform still yet to be regulated and still new, in my opinion there is room for improvement. I love the fact that it supports many languages. this will allows different countries to access the platform. I love the mobile app it is well designed and also user friendly. It has many active social medial that users can access to get information and update about the platform.



Pros
  • Referral program
  • low trading fee
  • Multi language platform
  • Supports many digital asset
  • Good security measure, it has two factor verification
  • Easy to register
  • Supports many deposit method which include bank transfer and credit card
Cons
  • it has order limit
  • Given time frame in respect of withdrawal
  • Withdrawal can only be made through bitcoin