PrimeXBT Deposit Methods

Depositing on PrimeXBT is a straightforward and secure process, offering traders a variety of options including direct crypto transfers and fiat-to-crypto purchases through trusted partners. 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.

List of All Deposit Methods on PrimeXBT

Below is a comprehensive list of all the deposit methods available to users on the PrimeXBT trading platform:

Users can transfer cryptocurrencies directly from their personal crypto wallets to their PrimeXBT Wallets. Supported cryptocurrencies include:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • USD Coin (USDC)
  • Covesting (COV)

PrimeXBT partners with various fiat-to-crypto exchange services, allowing users to purchase cryptocurrencies with bank cards and have them directly transferred to their PrimeXBT wallet. Partner services include:

  • Coinify
  • Paxful (Peer-to-Peer)
  • Xanpool

Users can deposit cash directly to their Cash Wallets on PrimeXBT from:

  • AdvCash accounts
  • Perfect Money

Additionally, we provide the option for cash/fiat deposits via local payment systems in Thailand, Vietnam, and Brazil.

These methods provide a range of options for users to ensure their trading accounts can be funded in a manner that is most convenient for them, whether through direct cryptocurrency transfers or via fiat-to-crypto purchases.

How to Make a Deposit on PrimeXBT?

  1. Log in to Your Account: Start by logging into your PrimeXBT account. If you haven’t created an account yet, you’ll need to register one by providing your email, setting a password, and verifying your email address.
  2. Navigate to the Deposit Section: Once logged in, go to the main dashboard. Look for the ‘Deposit’ button or section, which is usually prominently displayed on your account’s main page.
  3. Select Your Deposit Method: Choose from the available deposit options. PrimeXBT offers two main methods:
  • Direct Crypto Deposits: For depositing cryptocurrencies like BTC, ETH, USDT, USDC, and COV directly from your wallet.
  • Buying Crypto with Fiat: If you prefer using fiat currency, select the option to buy cryptocurrencies through PrimeXBT’s partners such as Coinify, Paxful, or Xanpool.
  1. Choose Your Deposit Currency: Select the cryptocurrency you wish to deposit. Make sure to choose the correct currency to avoid any issues.
  2. Copy the Deposit Address or Scan the QR Code: PrimeXBT will provide you with a unique deposit address for the selected cryptocurrency. Copy this address or use the QR code to send funds from your external wallet.
  3. Complete the Transfer from Your Wallet: Go to your external wallet where your cryptocurrency is stored, and initiate a transfer to the copied address. Ensure you enter the correct amount and double-check the address before confirming the transaction.
  1. Select ‘Buy Crypto’: Click on the option to purchase cryptocurrencies using fiat currency.
  2. Choose Your Payment Method and Currency: Follow the prompts to select your preferred payment method (e.g., bank card, SEPA transfer) and the cryptocurrency you wish to purchase.
  3. Complete the Purchase Through the Partner Platform: You’ll be redirected to the selected partner platform to complete your purchase. Follow their instructions to finalize the transaction.

PrimeXBT Minimum Deposit

Cryptocurrency Minimum Deposits

For cryptocurrency deposits, PrimeXBT does not strictly enforce a minimum deposit amount. This means you can start with amounts that feel comfortable to you, keeping in mind the need to cover transaction fees and the margin requirements of your trades. For example, the minimum order size for Bitcoin (BTC) trading on PrimeXBT is 0.001 BTC, and with leverage, the minimum margin required for such a trade could be as low as 0.000005 BTC, depending on the leverage used.

Cash Minimum Deposits

For those preferring to use fiat currency, PrimeXBT facilitates cash deposits via third-party providers like AdvCash and Perfect Money. Here, a minimum deposit of $10 USD is required. This option is designed to make the platform accessible, allowing you to begin trading with a relatively small amount of capital.

Deposit Processing Time on PrimeXBT

Bitcoin (BTC)40 minutes
Ethereum (ETH)Few minutes
ERC-20 Tokens (USDT, USDC, and COV)Few minutes
BEP-20 TokensFew minutes
TRC-20 Tokens (USDT, USDC)1 minute
Cash/Fiat (AdvCash, Perfect Money)Instantly
PrimeXBT financial future.

Cryptocurrency Processing Time Deposits

  • Bitcoin (BTC): Deposits require 3 block confirmations, which usually takes around 40 minutes. However, this can vary depending on the Bitcoin network’s congestion.
  • Ethereum (ETH) and ERC-20 Tokens (such as USDT, USDC, and COV): These require 10 block confirmations. Under typical conditions, this process takes about a few minutes but can be longer during times of high network usage.
  • BEP-20 Tokens: Similar to ERC-20 tokens, BEP-20 deposits also require around 10 block confirmations, with processing times expected to be within a few minutes, contingent on the BNB Smart Chain network’s current state.
  • TRC-20 Tokens (USDT and USDC on the TRON network): Require 20 block confirmations, with deposits usually completing in about 1 minute under normal conditions.

Cash/Fiat Processing Time Deposits

Deposits made through AdvCash and Perfect Money to your Cash Wallets on PrimeXBT are generally processed instantly. However, it’s important to account for potential delays from the service provider’s side, which might extend the processing time slightly.

PrimeXBT Crypto Deposits

Direct Crypto deposits allow you to seamlessly transfer cryptocurrencies from your personal crypto wallets directly to your PrimeXBT Wallets, enabling quick and secure funding of your trading account.

Depositing from MetaMask

Depositing funds from MetaMask to your PrimeXBT account allows for a smooth transition of Ethereum and ERC-20 tokens directly into your trading platform. Here’s a step-by-step guide to help you execute this process efficiently and securely:

Please Note:

To connect your MetaMask wallet to your PrimeXBT Wallets, it’s necessary to install the MetaMask extension for the browser you use to visit the platform.
  1. Log into your PrimeXBT account.
  2. Navigate to the ‘Deposit’ section and select Ethereum (ETH) or the specific ERC-20 token you wish to deposit.
  3. Copy the provided deposit address. Ensure accuracy to prevent any potential loss of funds.
  1. Launch the MetaMask extension on your browser or open the MetaMask mobile app.
  2. Enter your password if prompted to unlock your wallet.
  1. In MetaMask, click on ‘Send’.
  2. Paste the PrimeXBT deposit address you copied earlier into the ‘Add Recipient’ field.
  3. Enter the amount of ETH or ERC-20 tokens you wish to deposit. It’s crucial to account for transaction fees (gas) to ensure the transaction completes successfully.
  1. Review the transaction details, including the recipient address and amount. Double-check for accuracy.
  2. Adjust the gas fee if necessary, keeping in mind that higher fees can lead to faster transaction confirmations.
  3. Click ‘Next’, then ‘Confirm’ to initiate the transfer.
  1. You can track the transaction status within MetaMask or use an Ethereum blockchain explorer like Etherscan by entering the transaction hash (TxHash) provided.
  2. Once the transaction is confirmed on the blockchain, it will be processed and reflected in your PrimeXBT account. This process may take from a few minutes to several hours, depending on network congestion.

Tips for a Smooth Deposit

  • Network Compatibility: Ensure you’re using the Ethereum network for ETH and ERC-20 tokens. Depositing through an incorrect network could result in lost funds.
  • Transaction Fees: Be aware of current gas prices and adjust your transaction fee accordingly to balance cost and confirmation speed.
  • Double-check Addresses: Always verify the deposit address before sending your funds. Transactions on the blockchain are irreversible.

Cash/Fiat Deposits on PrimeXBT

PrimeXBT enables users to conveniently make direct fiat deposits in US dollars, utilizing personal AdvCash or Perfect Money wallets for streamlined funding.

primexbt-cash-fiat-deposit.

AdvCash

AdvCash offers PrimeXBT users a fast and convenient way to make US dollar deposits, combining low fees with quick transactions to seamlessly bridge traditional financial systems and the PrimeXBT platform.

  1. Create an AdvCash Account: If you don’t already have an AdvCash account, visit the AdvCash website to sign up. The registration process is straightforward, requiring your email address and the creation of a password. Follow the verification steps to activate your account.
  2. Funding Your AdvCash Wallet: Once your account is set up, you can add funds to your AdvCash wallet using various methods, including bank transfers, credit/debit cards, and other e-payment systems. Choose the method that best suits your needs.
  3. Linking AdvCash to PrimeXBT: Log into your PrimeXBT account and navigate to the deposit section. Select the option for fiat deposits and choose AdvCash as your deposit method.
  1. Select the Deposit Amount: In the PrimeXBT deposit section, specify the amount you wish to deposit in US dollars. Ensure the amount meets any minimum deposit requirements set by PrimeXBT.
  2. Initiate the Deposit: After entering the deposit amount, you’ll be redirected to the AdvCash platform. Log in to your AdvCash account to confirm the transfer of funds to your PrimeXBT account.
  3. Complete the Transfer: Follow the prompts on the AdvCash platform to complete the transfer. You may need to confirm the transaction with a code sent to your email or phone.
  4. Deposit Confirmation: Once the transfer is successful, the funds will be credited to your PrimeXBT account, typically within a few minutes to hours, depending on processing times.

Perfect Money

Perfect Money is an online financial service enabling instant payments and secure money transfers, ideal for PrimeXBT traders to fund their accounts with fiat currency. This guide outlines the steps for depositing via Perfect Money on PrimeXBT for a seamless transaction process.

  1. Register with Perfect Money: If you’re not already a Perfect Money user, start by creating an account on the Perfect Money website. The registration process is simple, asking for basic information such as your name, email, and password. Complete the necessary verification steps to fully activate your account.
  2. Funding Your Perfect Money Account: Once your account is active, you can add funds to your Perfect Money wallet. Perfect Money provides various methods for depositing funds, including bank wire, e-vouchers, and other e-currency transfers. Choose the most convenient method for you.
  3. Linking Perfect Money to PrimeXBT: To begin, log into your PrimeXBT account and navigate to the ‘Deposit’ section. Look for the fiat deposit options and select Perfect Money as your preferred deposit method.
  1. Specify the Deposit Amount: In the PrimeXBT deposit interface, enter the amount you want to deposit in USD or the available currency. Ensure this amount adheres to PrimeXBT’s minimum deposit requirements.
  2. Initiate the Deposit Process: After specifying your deposit amount, you will be redirected to the Perfect Money platform. Log into your Perfect Money account to confirm and proceed with the fund transfer.
  3. Confirm the Transaction: Follow the on-screen instructions on the Perfect Money platform to complete the fund transfer. You may need to verify the transaction through a confirmation code or email, depending on your Perfect Money security settings.
  4. Deposit Completion: Once you’ve successfully completed the transaction, the funds will be credited to your PrimeXBT account. The processing time can vary but typically completes within a few minutes to hours.

Local Payment Methods

Local Payment Methods on PrimeXBT offer traders from various regions the convenience and efficiency of funding their trading accounts using familiar, localized banking options.

Please Note:

On PrimeXBT, local payment options are exclusively available for our clients from Thailand, Vietnam, and Brazil.
  1. Accessing the Deposit Section: Log in to your PrimeXBT account and navigate to the ‘Deposit’ section. Here, you’ll find a list of available deposit methods.
  2. Selecting Your Local Payment Option: Look for the section labeled “Local Payment Methods” and choose the option that best suits your needs based on your location and preferred payment method.
  3. Entering Deposit Details: Once you’ve selected your local payment method, enter the amount you wish to deposit. Make sure to adhere to any minimum and maximum deposit limits specific to the chosen method.
  4. Completing the Transaction: Follow the on-screen instructions to finalize your deposit. This may involve redirecting to a third-party payment processor’s page, where you’ll need to authenticate the transaction and confirm payment.
  5. Waiting for Confirmation: After completing the deposit, there may be a brief waiting period for the transaction to be processed and the funds to appear in your PrimeXBT account. Processing times can vary depending on the specific local payment method used.

Troubleshooting

Occasionally, PrimeXBT users may face an issue where, despite a successful deposit transaction, the funds do not appear in their account. To address this challenge, follow these steps for a resolution:

  • Verify the Transaction: First, confirm the transaction’s completion on the blockchain. Use a blockchain explorer to check the transaction hash (TxHash) and ensure it has the required number of confirmations.
  • Check for Delays: Remember, some deposits, especially those in cryptocurrencies, may experience delays due to network congestion or required confirmations. Patience is key as these transactions process.
  • Review Deposit Address: Double-check that the deposit was sent to the correct address provided by PrimeXBT. Sending funds to an incorrect address could result in loss of funds.
  • Consult the Deposit History: Navigate to your account’s deposit history on PrimeXBT to see if the transaction is listed. Sometimes, there might be a slight delay in reflecting the transaction in your account balance, even after it appears in your history.
  • Contact Support: If after taking these steps your funds are still not visible, reach out to PrimeXBT’s customer support. Provide them with the transaction hash, the amount deposited, and the time of the transaction. Detailed information will help expedite the resolution process.
  • Documentation: Keep screenshots or records of the transaction details, including any confirmation emails or messages received during the deposit process. This information might be required by the support team to verify and solve the issue.
  • Security Checks: Be aware that in rare cases, deposits might undergo additional security checks by PrimeXBT, which can cause temporary delays. PrimeXBT’s support team will notify you if such checks are necessary for your transaction.