StormGain Crypto Trading Platform Review

Transcript

00:00Welcome back to Decentralized News. Today I'm doing a quick review of Stormgain crypto trading

00:05platform. So this is a platform that allows pretty much you to do your trading, investing all in one

00:14and you can earn, trade, hodl and also learn about digital assets. So it's an exchange as well where

00:21you can buy and sell cryptos. It's operated by Stormgain LLC which is registered in St. Vincent's

00:29and Grenadine's. According to them they've got about some 5 million customers in over 230 countries

00:35and they are available. I mean the application itself is available on your iOS device, on your

00:43Android and on your Linux as well and you can also use the desktop web application or the web browser

00:52application. So currently you can find all the you know the general cryptocurrencies that you

00:58would like including Bitcoin, Bitcoin Cash, Tether, Ethereum and so forth. And also you know they

01:04have a whole bunch of things that they offer including a crypto wallet which is a multi-currency

01:11wallet. Provides obviously convenience if you want to keep your funds intermittently on an exchange

01:19where you can execute your trades and then hopefully you are storing your actual cryptocurrencies

01:25on hardware wallets or on non-custodial platforms after you do what you need to do in terms of

01:32trading. So let's look at some of the positives of using a platform like Stormgain. Okay let's start

01:42with how user-friendly the actual application is. It's good for investors, traders, beginners and

01:49experience as well. You can use this platform if you're in Australia, Canada, South Africa, Thailand,

01:56the UK, Singapore, France, Hong Kong, Germany, India and many other countries. They have a range of

02:02different order types and trading tools. Also 24-7 email support and the live customer chat as well.

02:10They have cloud mining and you can deposit using a debit and a credit card, using SIPA bank transfers

02:17as well. You can add crypto to your wallets using USD, GDP which is the British pound and the euro and

02:28you can also have the general security measures like 2FA on the platform. You don't need to do any KYC

02:34when you register. There are no trading commissions and they do say that you can earn up to 12% annual

02:41interest on cryptocurrencies as well and they have some discounts which you can earn depending on your

02:47wallet balances which can go up to 20% and fees are only charged on profitable trades and the website

02:54offers about 10 different or 13 different language options as well. Free trading, crypto trading signals

03:02if you're into that. They also have a minimum of only 10 USDT for you to open an order. Minimum credit card

03:11deposit is $50 and you can also have instant withdrawals and they are also the official

03:17slave partner of English Premier Football Club Newcastle United Football Club and when you look at

03:25independent platforms like Trustpilot they have really good reviews and also on the Apple and the

03:33Google Play store you can see the reviews are pretty decent there. But of course like any other platform

03:38there are also disadvantages including they have quite high leverage they talk about 500x I don't

03:46think that's a good thing at all in my opinion of course unless you know you're somebody who's

03:52hella experienced you're able to play around with that level of leverage. Of course it's not also

03:58available in some regions and they do not support crypto to fiat conversions and just like any other

04:05platform of course you have to do your due diligence if you're going to use a platform like this.

04:09There are competitors like Poloniex, Changely, FTX among others that you can also check out

04:15go to our main site to check out all the best reviews of these platforms and don't forget to

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04:25I'll see you guys in the next video. Peace!