Binance vs PrimeXBT Comparison Chart

This means that you can limit the margin that one position can use from your account, and limit the exposure. Traders can take advantage of bullish and bearish market conditions by going long or short. Our 24/7 support team here to help. The platform is recognized for its high speed matching and risk management engines, capable of processing thousands of orders every second and ensuring no market slippage in prices. Deposits on PrimeXBT are also free, while withdrawals start from $0. PrimeXBT offers an array of products catering to the needs of novice and seasoned traders. Chua later launched a hedge fund that consistently achieved triple digit returns for seven years. Lastly, keeping abreast of market conditions and adjusting staking strategies accordingly is vital. In addition, normal market dynamics at play and investors speculating can impact XRP price. This is fantastic for beginners who may not want to be daunted by every feature that PrimeXBT offers, as well as advanced users who would prefer a streamlined view that focuses only on the elements that matter to them. As soon as you do, this is the screen that will pop up. The CFD has allowed traders to not only trade Forex but a multitude of other instruments as well. In terms of security, the safety of our client’s assets always comes first. 💡 No strict minimums. However, there are fees on spreads, commissions, and overnight swaps. PrimeXBT does not charge fees for Crypto and Fiat deposits. PrimeXBT supera a todos los competidores. The copy trading offered on PrimeXBT has been growing in popularity, attracting some talented traders to the platform. Marinade Staked Sol MSOL. When using the system, users must have Ether in order to complete a transaction. Get exclusive marketing tools and affiliate links to earn commissions effortlessly. Crosses include AUD/JPY, EUR/GBP, and GBP/JPY, with exotics including USD/THB and USD/MXN.

The concept of short selling

One click trading: This feature allows traders to open and close positions, and cancel orders, with just one click. Enclosed you will find a short comparison of PrimeXBT and the market leader bitMEX as well as the comparison to CFD brokers. PrimeXBT does not charge fees for Crypto and Fiat deposits. Setting stop loss orders in SHIB/USD via the PrimeXBT platform. I’m pretty aware of forex but I wanted to know more about crypto currencies and blog was helpful for me. For crypto futures, PrimeXBT offers fees of 0. This move represents a significant moment in the cryptocurrency industry, marking a shift towards greater institutional adoption and accessibility for investors. Traders give the platform’s dark theme positive reviews, especially for late night trading sessions, highlighting PrimeXBT’s attention to aesthetic detail. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. Thus, if you’re interested in earning extra income from the finance and insurance, check out their affiliate program below. To start trading on PrimeXBT, setting up your account is a breeze: Simply provide your email and create a secure password. DOGE price has changed ถอนเงิน PrimeXBT by 1. Fees:PrimeXBT adopts a transparent fee structure, with competitive trading fees and no deposit or withdrawal charges. When the SEC’s X account was allegedly “compromised” and shared that the Bitcoin ETFs where approved a day early, the token surged $1000. Private blockchains have somewhat different technical protocols from public blockchains in the ecosystem, but it has several ways to resolve communication between the two distinct types of networks. 90 in March and has now dropped to $80. That being said, all pairs still offer strong leverage options, even if they are not all at the x200 range. The other popular way to short Bitcoin is contracts for difference CFD. On the PrimeXBT platform, there are three main sections which can be accessed in the header toolbar. Remember, each promo code has its own rules and conditions, so be sure to review these before activation. PrimeXBT has a separate fee structure for each of its trading services. No other currencies can be used to fund an account, but a trader can buy bitcoin using a credit or debit card through PrimeXBT’s partner CEX, a widget that will pop up when a person wants to deposit funds into his account and help him purchase BTC. We aim to provide a platform that caters to both experienced traders and newcomers, so it’s great to know that you found it accessible and user friendly. This information is general in nature and is for educational purposes only. As a decentralized exchange, PancakeSwap will never ask you for personal details and there’s no KYC necessary.

PrimeXBT Affiliate Program

When a trader that you follow opens a trade, the copy trading platform opens the same trade on your account, automatically. Two factor authentication 2FA adds an extra layer of security by requiring users to provide a unique code generated by a separate device when logging in or making withdrawals. The exchange platform i. PrimeXBT is an award winning trading crypto exchange that also offers trading in derivatives – forex, indices, CFDs, and commodities. If you choose to purchase crypto first from a crypto exchange, funding your account is relatively simple. To register, go to the PrimeXBT homepage and click on ‘Register’. Munger cited the Chinese communist party’s ban on. Trade over 30+ assets: Crypto, FX, Commodities and Indices CFDs with up to 500x leverage on a fully customizable trading platform. Market research: PrimeXBT offers weekly market research, providing traders with access to in depth market analysis. Additionally, PrimeXBT offers zero commissions for trading commodities, forex, and indices, making it cost effective for traders. You may unsubscribe at any time. Interestingly, Litecoin has failed to set a new all time high like most of crypto. Experience the benefits of leveraged trading by joining now. Explore the world of trading with PrimeXBT and unlock new possibilities today.

1 Company Overview

This potential for amplified profits is what entices many investors to use leverage across Bitcoin Futures and other assets. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Step 1: Head to the PrimeXBT homepage. In this case, you will go to the “withdrawal” page, where you will give them your personal Bitcoin address. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. Just like any other financial market, cryptocurrencies move in cycles. They are registered in Seychelles and have offices in St. 👉 Sign up for PrimeXBT and secure your 35% bonus. First, because there is limited liquidity in the market, and two, the matching engine at the exchange isn’t fast enough. Ethereum underwent some significant changes as its consensus mechanism transitioned from proof of work to a cost efficient proof of stake system. Activate your account when registered successfully and start trading with the bonus credits. Capital Com SV Investments Limited, bedrijfsregistratienummer: 354252, met het geregistreerde adres: Vasileiou Makedonos 8, Kinnis Building, 1 3e verdieping, 3040, Limassol, Cyprus. If you need to find your Zengo address, go to the Zengo app, tap on “Actions,” then on “Receive,” and finally, choose the asset you wish to receive. The exchange does not currently offer fiat off ramps for withdrawals. This feature helps beginners familiarize themselves with the platform and develop their trading strategies without risking real funds. 38 Wong Chuk Hang Road 1/F, 2F, 25 27F, Hong Kong Island, Hong Kong.

Written by Fxdailyinfo com

There is no minimum or maximum withdrawal amount required. We continually assess our fee structure to ensure it remains competitive while providing high quality services. This resulted in massive investments that failed to follow a scientific or academic approach, ending poorly, as the performance of the token brought collateral damage to investors. By learning from both successful trades and cautionary tales, you can approach leverage trading with a more informed and risk averse perspective. Our website uses cookies. Rn I have two trading orders open, analytics of which are based on data from this broker’s blog. The monthly Chainlink forecast is somewhat uneventful during the first two quarters as the price is stable. Set and manage orders directly from our built in charting software, or utilize over 50 technical indicators and a variety of drawing tools to help analyst patterns and predict price movements. If you want to trade cryptocurrencies, you need to use the following tips. This means that all of the users’ communication to the platform and on the platform will be encrypted, making it harder for hackers to listen and breach. Alongside these crypto futures markets, users of PrimeXBT can also access spot markets that give them access to cryptocurrency trading, forex pairs, popular stock market indices, and several commodities—specifically energies and metals. 001 BTC equals $50, making PrimeXBT accessible to all types of traders. Within the exchange, there are five unique embedded wallets. By depositing $500 or more, you can receive a $100 bonus to use within two weeks. 7% last week, marking the fourth straight weekly decline and its largest weekly decline in almost a year. Here, you also need to take into account your leverage ratio and required margin for the trade. Save up to 25% off at PrimeXBT. I’m saying that because I have worked with many other crypto platforms and I have something to compare with PrimeXBT crypto exchange. Prime XBT trading fees are between 0. Comments:At first, I could understand how to use the analytical tools available on PrimeXBT. They pay well for each trader, and if he still actively trades on the platform, then the money can come even for 1 person. Cryptocurrencies include Bitcoin, Litecoin, Ethereum, Tether, and others. Dear Felipe,We’re glad to hear that you’re enjoying the crypto futures on PrimeXBT. This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions. This means that even if a hacker were to access the servers of the exchange, they would not be able to read them. Ether is the native token to the Ethereum blockchain, a layer one protocol that much of the altcoins in the market are built on using the ERC 20 standard. With PrimeXBT, traders are not restricted to only being able to trade crypto assets as is the case with many other crypto trading platforms. Below are the discounts that you can earn based on the 30 day rolling trading volume. Given that PrimeXBT has developed a highly efficient trading engine, they are able to execute orders at below 7. From the December 2018 bear market bottom to the bull market peak at $69,000 per BTC, the top cryptocurrency climbed by more than 2,000%.

My opinion

Technical analysis can be as simple or complex as the trader chooses and needs to incorporate specifics that the trader is comfortable using. Also, the majority of crypto CFDs and futures trading platforms allow their customers to trade with leverage to maximize potential benefits. There are also exclusive promotion periods and additional rewards for some of the top traders. Once you have funds available in the trading account, you can click on “Trade” from the top navigation bar. Most coins on the Crypto market are slowly climbing, maybe in anticipation of the end of year rally or the perspective potential the next year holds. Partners can also earn up to $2,500 CPA per qualified client. Being proactive and not reactive is an important thing in the cryptocurrency space. Both the webtrader and mobile app were improved in a newly launched revamp that was based on extensive user feedback. As a meme coin Shiba is considered to be a high risk investment. On Sunday, the attacker dumped 50k ETH on chain, with ETH’s price dipping by almost 7%. Traders use this type of order for two main strategies: As a risk management tool to limit losses on existing positions, and as an automatic tool to enter the market at a desired entry point without manually waiting for the market to place the order. This allows traders to diversify their portfolios and take advantage of opportunities across different asset classes. These products are not suitable for all investors. Withdrawals of fiat currencies are not supported. Date of experience: June 16, 2024. These tournaments add an extra layer of excitement to regular play. KYC is becoming more and more common for many of our favourite exchanges, so it is nice to have this option for traders who appreciate privacy. Here is an example of margin trading in the crypto market. ” Choose the cryptocurrency, specify the amount, provide the recipient’s details, and validate the transaction. As of this writing, PrimeXBT does not offer interest bearing accounts. Social trading, as its name suggests, social trading uses the information found on platforms to make decisions based on the profitable trades of other traders. Liquidity is definitely worth considering because it guarantees you can easily settle your trades.

You will bein Good Hands!

This sliding scale of leverage enables traders to balance potential returns against their risk tolerance, providing a flexible trading environment suited to various trading strategies and market conditions. Please know that we take your concerns seriously and are committed to resolving this issue as quickly as possible. Brief Price History: EOS was introduced as the most successful ICO ever and almost immediately soared to $22. They believe that this practice creates extreme risks for users that their personal details and financial information will be stolen, leaked, or otherwise used against their own best interests. Users must register before making a deposit to trade on the PrimeXBT platform. A thorough investigation and a scientific approach to blockchain technology led to the development of Cardano. In recent years, such exchanges have become quite rare, as virtually all major exchanges want their users to complete KYC before they can start trading. Com or you can contact us in the chat room on our website. These businesses are very diversified in terms of industry and scope and includes the local leader in ecommerce fulfillment Mailpac, the largest private transaction processing company in Jamaica ePay, Jamaica’s leading player in ice manufacturing and distribution Pure National Limited, the Jamaican arm of the world’s largest car rental company Hertz, Jamaica’s fastest growing water provider JamAgua and several other industry leading platforms in Jamaica, Florida and West Africa. PrimeXBT gives users the tools to perform technical analysis using Chart drawings and technical indicators. We have made use of our world class review structure to determine the quality of the service available at PrimeXBT. 📊 The interface gives a snapshot of your accounts and funds. This process is designed to enhance the security of your transactions and account. LINK is an ERC 667 token running on the Ethereum network, with similar functionality as the more common ERC 20 token. Additionally, PrimeXBT offers perpetual swaps, enabling traders to hold positions without worrying about expiration dates. When BTC in april was crashing from its ATH at almost 72k, down to 61k. The other way of shorting Bitcoin is by using inverse exchange traded products. Then, right on the main page, you can catch a glimpse of all trading accounts and total account funds. This is one of the core components of a well maintained cryptocurrency exchange. SoftwareSuggest offers verified and unbiased user reviews based on user ratings and feedback. The main risks of short selling Ether are the possibility of losing more than you deposit, the unlimited downside potential, price volatility, and the need to actively manage your short trades. Technical analysis can be as simple or complex as the trader chooses and needs to incorporate specifics that the trader is comfortable using. Currently, official PrimeXBT GitHub Public Repository doesn’t exist or wasn’t submitted. The highest performing traders are ranked for all to see in a transparent global leaderboard system. LINK is the native token for the Chainlink network; it is built on the Ethereum platform, making them compliant with its protocols. Because traditional markets are less volatile than what we see with Crypto, PrimeXBT offers up to 1000:1 leverage on assets like Forex. ” Determine your position size by adjusting the “amount” field and set stop loss/take profit levels. It contains all the bells and whistles you would expect in a trading console.

Mobile Wallets

I use data and warning lists published by regulators worldwide to analyze whether a brokerage is a legit entity. Our 24/7 support team here to help. We use cookies to personalize content provided by analytic and advertisement partners to offer you the best service experience. To make a withdrawal to a new Account ID, users are first required to make a deposit with that Perfect Money Account ID,. Once the withdrawal has been requested, a trader will have to wait for them to process it. While Ethereum spot ETFs provide a new way to invest in Ethereum in the coming months, PrimeXBT offers a powerful platform for trading Ethereum and other Cryptocurrencies right now through Futures contracts. Utilities include trading fee discounts for strategy managers or an increased number of followings for followers. Users can narrow search results using the filter options and make a PDF copy of the report by clicking ‘Statement’. It’s preloaded with hundreds of popular indicators like strength index, moving averages, etc. Virgin Islands, Northern Mariana Islands. Once registered, users can try trading any of the assets offered on the platform or can opt to build a diverse portfolio of many lucrative assets. Rn I have two trading orders open, analytics of which are based on data from this broker’s blog. 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. Advanced trading features include ‘take profit’ and ‘stop loss,’ allowing users to effectively manage market risk. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. While you’ll be limited in what you can do with an unverified account, the Level 1 KYC asks for minimal personal information you’ll just need to provide your country and name. Robinson worked in various industry groups of Investment Banking for Goldman Sachs, Citigroup and Bank of America Securities. PrimeXBT has more than 99% uptime and has never experienced a hack of any magnitude. No, it’s not accessible in the US or certain other countries. For example, I used crypto transfer for the first time. Users can deposit PrimeXBT supported Crypto, purchase Crypto with a credit/debit card, or deposit Fiat. If you have been using the exchange for a period of time and are comfortable with the service then you may want to consider getting involved with their referral program. Users can trade long or short, with margin. The Dogecoin community is extremely active, and in the past, raised over $55,000 at the market price at the time to sponsor a Nascar driver, Josh Wise, to run Dogecoin and Reddit paint on the car during a race. The promotion is only available for the new client. BySylvia DurusonJune 11, 2024, 3:09 pm. Returns or profits may be subject to capital gains tax. This is how the registration form looks like. Moving averages can run across any time period, so ensuring the correct or most common time frames are set is critical to using the tool.

Related News

What will we be looking for, what made BitSeven unique. The exchange has deep liquidity and near instant trade execution. Traders can add widgets, panels, charges, messages, and more to their dashboards. With the rise of cybercrime and fraud, you must learn to spot an unsafe crypto exchange before investing your money. The security team routinely run tests, check ups and updates to keep up to date with new potential vulnerabilities. Customer Due Diligence CDD may be initiated at any time to verify identity or source of funds, safeguarding against misuse and ensuring adherence to Anti Money Laundering AML requirements. This is the strategy that most short sellers, both new and experts, use to bet on the future drop in Bitcoin prices. And further success was not far off, after Musk made a post on Twitter publicly declaring his support of the Dogecoin Cryptocurrency. PrimeXBT has implemented a number of security measures on their platform, including. The TD Sequential indicator is a technical analysis indicator made by market timing wizard Thomas Demark. In addition to Crypto, the platform also allows trading in traditional financial markets, including Forex, Commodities, and Indices. Now let’s understand the main trading options available on Bybit. MiFID II and there is no provision for an Investor Compensation Scheme. The platform offers competitive spreads on a range of trading instruments, including cryptocurrencies, forex, and commodities. Users can deposit, withdraw, exchange, and transfer Crypto. Crypto gains are subject to capital gains tax at progressive rates. Since its launch in the 2018 bear market, PrimeXBT has seen steady growth thanks to its diverse asset offerings, high leverage, and copy trading features. The following is a synopsis of what’s going on. Crypto signals are usually recommendations by market experts or professional traders that tell other traders when to buy, sell or keep their Crypto trades. To ensure the exclusion of bad actors who have obtained cryptocurrency through illegal or illicit means, or originates from a known wallet associated with an exchange hack, the dark web, etc. Visit our Help Centre. If you have any further questions or require assistance, please don’t hesitate to reach out to us. Trade History: Users can view their trading histories via the ‘Trade History’ link on the Trade page. To short on PrimeXBT, log in, choose the market, set parameters for a short position, and execute the trade by selecting “Sell. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. Support is available 24/7 to accommodate traders globally.

May 22, 2024

In addition, Fiat wallets allow users to deposit, withdraw, and transfer Fiat currencies. Beware of their practices that seem to hinder profitability, and consider alternative brokers for a more transparent and reliable trading experience. Founded in 2007, eToro gives you access to over 80 cryptocurrencies, as well as stocks and ETFs. Our website uses cookies. PrimeXBT aggregates liquidity from over 12 different exchanges, ensuring high liquidity for traders. Reply from PrimeXBT Copy Trading. Here are key features of the PrimeXBT mobile app. This will allow you to earn a commission from referring friends to the platform. In the next section, we will discuss the importance of developing a solid trading strategy for achieving profitability on PrimeXBT. Chainlink has had a meteoric rise in value since its humble beginnings at $0. Traders and investors need to stay attentive to regulatory developments globally as they can significantly shape the cryptocurrency landscape and impact the price dynamics of assets like Polkadot. Some of the more popular trade pairings include but are not limited to BTC/USD, DOGE/USD, EOS/USD, ETH/USD, LINK/USD, SHIB/USD, SOL/USD, and XRP/USD. It’s time to do your research. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. 🚀 Dive into our detailed exploration to uncover how PrimeXBT works, its award winning features, and why it’s a global favorite for traders of all stripes. Cryptocurrencies are digital currencies that are usually encrypted, peer to peer, decentralised and kept on a distributed ledger or blockchain. If EOS is a good investment or not is subjective and entirely up to each individual investor, their taste, the amount of capital they have to invest, and their appetite for risk. It is also important to learn the existing strategies. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. It feels like a form of ‘legal’ theft. Shiba Inu growth will be necessary, both in use and in the network, which will be crucial for sustained gains. The Prime XBT support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply. We are happy that variety of trading instruments satisfies your needs, PrimeXBT works hard for you.

We encourage constructive feedback

TradeOgre is a centralized crypto exchange established in 2018 that allows investors to trade more than 120 cryptocurrencies. Subscription response. These updates, aimed at providing tailored marketing solutions for crypto projects, include new limited time offers and expanded options for Cointelegraph publications. Additionally, PrimeXBT does not charge any fees for trading commodities, forex, and indices. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. If there is a case where a trader exhausts their equity and the value of their account falls below a certain level, they will get what is termed a “Margin Call”. A comprehensive look at Bitpanda’s fees, safety measures, investment features, pros, and cons for 2024. By having a larger position, requires you to have more margin, ultimately reducing exposure risk. Bybit takes a robust approach to securing user assets, here is a look at their 360 degree security framework. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Grab a $100 bonus by depositing a minimum of $500 within the first 48 hours of registration in Germany. By establishing buy and sell orders at predetermined intervals, you can take advantage of these fluctuations in an automated way. PrimeXBT 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. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. Trade with bonuses and rewards from PrimeXBT. 03 percent zero for futures trading. PrimeXBT offers competitive trading fees, charging a low 0. This new influence offers a world of benefits for players, developers, investors, and companies. Traders can avoid this by incorporating several strategies into their trading routine. © 2016 2020 Tech in Africa Startup news, stories and interviews from in Africa.

BYDFi Review : What You Should Know about this Crypto Trading Exchange

2022 Waves prediction. In terms of the reviews by other traders, they appear to be quite mixed. In terms of fees, spot trading commissions start at 0. Shape a narrowing and. Any withdrawal requested after 12:00 UTC will be processed on the next day. There is no strict minimum deposit amount for cryptocurrencies. The adjustable settings let you dial in your preferred risk/reward level on a trade by trade basis. By now, you should have a better understanding of the factors that influence Cardano’s price and how to use that knowledge to make your own predictions. PrimeXBT offers trading in crypto, commodities, Forex, and indices through CFDs. PrimeXBT will now ask you for this number. This program allows customers to be partners on the Primexbt platform and earn a stable income simply by bringing new customers to the website. No KYC crypto exchanges are the best alternatives for privacy focused users. 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. A key advantage of this offer is that in case you lose money and your balance goes into negative digits, you can continue trading as long as your negative balance does not exceed the bonus amount. We noted that the search function was unable to provide us with direct answers. When investing your capital is at risk. In nearly 5 years in business, PrimeXBT has never been hacked – a remarkable feat in the Crypto industry fraught with exchange breaches. Some customers report that the apps are solid and very useful, while others complain that the platform is slow and glitchy. To register, go to the PrimeXBT homepage and click on ‘Register’. 7% last week, marking the fourth straight weekly decline and its largest weekly decline in almost a year.

Mkt Analysis

This rate is the same across all of its eight pairs. But excluding private blockchains all transactions exist on a public ledger where anyone can view them, including your wallet details, using a blockchain explorer. Visit our Help Centre. Date of experience: June 23, 2024. Caution: Margin trading, especially with high leverage, is an extremely risky activity resulting in traders getting rekt’ed more often than not so please approach it with the greatest caution. Like many exchanges, Bybit has different individual KYC levels users can opt to complete, including Non KYC, Individual KYC Level 1, and Individual KYC Level 2. If you have any more questions or need further assistance as you continue to refine your trading approach, please don’t hesitate to reach out again at. The platform is not exactly easy to use, but i really like it. The integration of limits on its swapping service is restrictive and foreign amongst peer exchanges like Binance. Like most exchanges and financial sites these days, PrimeXBT has full SSL encryption. CFD stands for contract for difference. Additionally, users can deposit and withdraw US dollars. List of FCA Regulated Brokers. XLM has a strong focus on providing the unbanked with banking solutions. The world’s foreign exchange market is undoubtedly the largest one there is, and PrimeXBT offers some of the most recognizable currencies from countries such as the UK, the US, Australia, Canada, and so forth. Visit our Help Centre. There are several ways that customers of a margin broker can manage against risk and capital loss, even when relying on powerful trading tools such as leverage. At PrimeXBT, we uphold the highest standards in the financial industry, dedicated to providing traders with optimal conditions and opportunities. Below, you can learn about some of the most. Traders can also benefit from direct trading from the chart, a feature that allows for swift execution of trades without needing to navigate away from the chart interface. While unlikely, it is not impossible.