With cryptocurrencies becoming a hot investment option these days, it is not surprising that demand for platforms that facilitate crypto trading has surged. More and more people are clamoring to join the crypto space and they need to find a brokerage to help them in doing so. Of course, there is no shortage of these companies either, but you have to remember that no two platforms can offer you the same services. You need to know everything important about a brokerage before signing up and you can use this Cryptopoint72 review to do so.
Launched in 2013, Cryptopoint72 is a Bitcoin-based platform that is currently operating in more than 50 countries around the globe. Their dedication to crypto trading has earned them a lot of popularity in the markets, so they will catch your eye as well. What should you know about it before signing up? Let’s find out:
Crypto options
First things first, you cannot possibly choose a crypto brokerage without knowing what cryptocurrencies they are offering. You need to know what you can trade in order to ensure that you are able to accomplish your goals. This is where you will find that Cryptopoint72 is offering more than 100 crypto assets for you to choose from. This is certainly attractive because it gives you the opportunity to create an extensive crypto portfolio and take advantage of the opportunities the market has to offer. You will be able to choose from market leading options like Bitcoin, Litecoin and Ethereum, as well as others like Bitcoin Cash, Dash, Ripple, Monero, Binance Coin, NEO and others.
Trading platform
It is also essential for you to know what kind of trading platform you will be required to use because it can make a big difference in your trading experience. This is another area where Cryptopoint72 has done a good job because they have developed a web-based platform especially dedicated to crypto trading. This means that it has been incorporated with all the features and tools that are needed for helping you trade in this volatile market. Also, as it is a web-based platform, you don’t have to worry about downloading it anywhere because it is to be accessed via the browser on the device you are using.
Since it moves very quickly, Cryptopoint72 has used cutting-edge technology for ensuring swift trade execution. This means that you don’t have to worry about missing an opportunity. Likewise, they have also kept the user-interface simple and customizable, so everyone will be able to make adjustments as per their preference. They also offer a variety of trading tools, including live charts, cryptocurrency trading signals, price alerts, economic calendar, currency converter and more. These can help you make good decisions.
Account choices
You will be required to open an account with a broker to use their services and it is best to know what choices are available. You will find that Cryptopoint72 has come up with five choices for accommodating traders from different walks of life. These accounts are named Starter, Silver, Gold, Platinum and VIP. The minimum deposit you need to make for each of these accounts is £2,500, £5,000, £10,000, £25,000 and £50,000, respectively.
This ensures that every trader, whether you are just starting your crypto trading journey, or have some experience, will be able to find a suitable account option. Most importantly, it is also good to learn that Cryptopoint72 has equipped each account option with a variety of features that can come in handy. These features include a personal account manager, daily analysis, trading alerts, risk management tools, educational resources like e-videos, e-books and more, risk-free trades, auto-chartist and BlockFi VISA credit card access. In addition, the spreads and other trading conditions available in each account also vary.
Bottom Line
Once you know the important details about Cryptopoint72, you can see that it offers you everything you need to start your crypto trading journey.