RIP one of my favourite projects
https://blog.blockport.io/blockport-sto-results/

Nice interface, great idea, good technology (as far as I could tell)... but people just didn't trust them in their STO.

Where is PrimeXBT based? In the US or Europe?

Yes, I e-mailed them and here was their response and quite concerning that they basically said I was normally responsible for paying the BTC back.  Needless to say, I won't be using them again.

PrimeXBT [Support]
Tue, May 7, 7:51 AM (1 day ago)
to me

Dear Trader,

Your open positions at PrimeXBT were liquidated due to insufficient available margin and after settling the liquidation trades your trading account balance was below 0: -0.05836307 BTC

Liquidation occurs when Available Margin on Trading Account drops below 0%. Any open positions are closed by the assets being sold/bought back (depending on if the positions was a Long or a Short) at Market price, and Available Margin is used as collateral to cover any losses. In most cases it is sufficient to keep the remaining balance positive after the liquidation.

However, as with any Market order, during extremely active market hours or times of swift market action, liquidity in order books may be insufficient to close the positions at the trigger price (bid/ask). In such scenarios Slippage can occur, which causes a price gap when closing the positions. Due to such Slippage during times of insufficient liquidity, account balance can become negative, which is what occurred with your positions.

Under normal circumstances, to continue trading at PrimeXBT you would have to cover the debt in your trading account first.

As we appreciate your interest in trading at PrimeXBT we have decided to write off the debt from your trading account at no cost for you. Your account debt has been cleared and reset to 0. You can deposit and continue trading without restrictions.

We recommend to utilise Additional Stop-Loss and/or Take/Profit protection orders to help minimise the risk of such losses and to allow you to lock in profits automatically.

Thank you for being with PrimeXBT.

No negative Balance protection, beware!!

So I decided to deposit a small amount to PrimeXBT to test it out.  It was only .01375BTC (less than $100) and decided to go all in long at an average BTC price of $5,830.  I figured I would just go to bed as I was pretty sure I was going to be liquidated overnight if the balance got too low.  I forgot about it until the following afternoon and received no e-mail notification to inform me I was liquidated, even though BTC was down to $5,675.

I log in and find out my available margin is negative 475% and they did not liquidate my position or give me a warning about my margin!!  After quickly closing positions my balance was negative .06BTC.  Now that is not a huge amount of money, however, it's quite concerning that if I had done a much larger trade that my balance could be potentially be in the negative in many multiples of what I put in to trade.  Had I not logged in and BTC continued to drop who knows how much I would have owed.  As far as I know, all of the other leveraged trading sites have negative balance protection.  Thoughts on this?

No negative Balance protection, beware!!

So I decided to deposit a small amount to PrimeXBT to test it out.  It was only .01375BTC (less than $100) and decided to go all in long at an average BTC price of $5,830.  I figured I would just go to bed as I was pretty sure I was going to be liquidated overnight if the balance got too low.  I forgot about it until the following afternoon and received no e-mail notification to inform me I was liquidated, even though BTC was down to $5,675.

I log in and find out my available margin is negative 475% and they did not liquidate my position or give me a warning about my margin!!  After quickly closing positions my balance was negative .06BTC.  Now that is not a huge amount of money, however, it's quite concerning that if I had done a much larger trade that my balance could be potentially be in the negative in many multiples of what I put in to trade.  Had I not logged in and BTC continued to drop who knows how much I would have owed.  As far as I know, all of the other leveraged trading sites have negative balance protection.  Thoughts on this?

Amazing development over the past year, can't wait for launch.. it's getting there. Congratulations on the DLT license.
I recently saw the IOS app was announced.

What did you do to invoke the refund policy? Is there a clause that allow you to do that? I wonder will this discussion be removed.

0.3 BTC 
if u interested Pm me

Well. My  last 2 payouts for a 1.9 TH/s SHA256 contract....

14.01.2016     BTC     0.00225101
13.01.2016     BTC     0.00223717


I wonder when will GM execute its contract termination clause.