PrimeXBT KYC Guide: Registration & Verification Details of 2022

PrimeXBT is easily one of the best platforms out there for online trading. Unlike actual crypto trading, this platform functions by trading on the market predictions of various assets. This means that you aren’t buying or selling anything here. You are simply staking a bet on whether the market value of an asset will increase or decrease.

We have found the PrimeXBT system to be one of the easiest to learn for beginners and veterans alike. Unlike trading in the stock market, you don’t need to have any knowledge about it. What’s more, the system offers quick and fast-paced trades that close in seconds. So it’s definitely an optimal choice if you’re looking for something fast and edgy. 

That being said, most people on the internet are curious about the PrimeXBT registration process. Most of the questions revolve around account verification and KYC requirements. Lucky for you, this article will talk about how to register and verify your PrimeXBT account. So without further ado, let’s get right into it.

How Do I Sign Up For PrimeXBT?

Registering for PrimeXBT is a straightforward process similar to registering for any other platform. If you want to open an account in PrimeXBT, just follow these simple steps, and you’ll be done. 

First of all, head over to the PrimeXBT homepage and click on the register icon in the top left corner. You’ll land on a new page where you’ll have to enter your valid email I.D. and password. Next, you’ll have to click on the box and agree to the terms and conditions of the website. This will take you to a new page where you have to enter some more details. 

The PrimeXBT site will have sent you a verification code to the email address that you have provided. This will most likely be a four-digit code that will end up in your spam folder. Simply head over to your email for the verification pin and type it into the required slot. Now it will take you to a page welcoming you into the PrimeXBT platform. Click on the tick box to confirm that you are not a citizen of a restricted country and proceed. 

You have officially signed up for PrimeXBT and can start depositing into your trade account. The platform gives you a chance to earn a bonus by making your first deposit. You need to deposit at least USDC850, USDT850, BTC0.017 or ETH0.425 for a 350 $ welcome bonus. The platform gives you a 24-hour time period to make this deposit for a chance to win the welcome bonus. 

After you have completed all these steps, the next thing to do is deposit an amount and start trading. You will find the option to purchase crypto on the left side of the page. As a registered member of PrimeXBT, you can enjoy all the latest features and offers. This includes the PrimeXBT contests, which offer amazing rewards at minimal risks. 

Does PrimeXBT Require KYC?

Many platforms and websites have a requirement for KYC in order to register and become a member. KYC helps platforms confirm all the information and details of their respective members.

The extra step might be annoying for most of us; however, it is a standard on most websites.

The good news here is that PrimeXBT does not force you to go through a KYC process like other websites. That being said, PrimeXBT does reserve the right to conduct a verification process regarding your identity.

PrimeXBT KYC

On top of that, they can also ask you to confirm the source of your funds. This process is known as CDD, or customer due diligence

If the website initiates a CDD process, you might have to provide some of your documentation. The following is a list of information that the PrimeXBT website may ask you during a CDD.

  1. Proof for the source of funds
  2. Proof of your permanent address 
  3. Proof of your identity 

Another thing to point out is that PrimeXBT has the option to limit your deposits and withdrawals. These limitations will only apply if and during the time of CDD verification. You can remove these limitations by simply providing the required documents. If you fail to do so, you will only be able to trade with limited amounts. 

To round things off, you DON’T have to do a KYC verification process to become a member. Moreover, you can even start trading without providing your personal details. All you need to create an account with PrimeXBT is your email I.D. 

The platform WILL ask you to provide some information if a CDD has been initiated on you. However, such incidents are rare and only occur in case of suspicious behavior on your part. It could also be due to a technical error or a manual mistake made by you. In any case, all you have to do is complete the CDD verification, and you get back to trading as usual.

Conclusion

PrimeXBT is a reliable and trustworthy platform for online traders across the globe. The trade methods are quick and impactful, and promise returns up to 90 %. The registration process is simple and doesn’t require any paperwork on your part. Interested traders can easily start an account here and enjoy the full benefits of the platform. 

KYC is not mandatory for this website to start trading. PrimeXBT mentions that it respects the rights and privacy of its users and doesn’t demand any documentation. There will only be a quick Customer Due Diligence process where you may have to provide additional information. However, this is only in special circumstances. 

During our review of PrimeXBT, we did not have to provide any documentation and could quickly start trading without any paperwork. So far, we are being allowed to trade without the hassle of providing any personal information, which is one of the great features of the platform, among many others, that we talked more about in the full PrimeXBT review.

PrimeXBT KYC FAQs

How do I verify for PrimeXBT?

To verify your account during the sign-up process, you simply check your email for the four-digit code. The process will be complete once you have provided the verification code. 

In case of a CDD procedure, the website may ask you to submit your identity, address or source of funds. Simply providing the required information will complete the process.

Crypto Affiliate Programs » PrimeXBT KYC Guide: Registration & Verification Details of 2022
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