Choosing a broker is the first step to trade in any financial market and this is also true for the crypto space. Nevertheless, this doesn’t mean that you go with any broker because this choice can have consequences on your performance and bottom line in the long run. You have to make the smart choice and this also applies when you are shopping for a cryptocurrency broker. This means having to sort through a plethora of options because many new ones have popped up in the market. You can use this BitOpps review to figure out how this one can be a smart choice.
It is a relatively new crypto broker that was introduced by Rival Ltd, registered in Saint Vincent and the Grenadines. But, it becomes apparent that the platform has climbed up the popularity ladder very quickly and this can make it very intriguing. Regardless, you need to know what makes it a smart choice and you can find out below:
Access to educational resources
When you are starting out in the crypto market, you have a lot to learn. This space is still growing and evolving and this makes it a must for every trader to keep up with the changes. If you don’t do so, it could lead to significant losses and this is not what you want. You will find that BitOpps can be extremely useful in this regard because they provide their clients with educational resources they can use for polishing their knowledge and their skills as well.
These resources can make the difference between your failure and success and this is what you should bear in mind. You will find that BitOpps gives you access to a glossary to help you understand the jargon in the crypto market. There are e-books, videos and even one-on-one training sessions that can provide you extensive knowledge.
Compliance with AML and KYC policies
Security is undoubtedly one of the biggest worries that traders have when they are about to trade online, particularly in a market that is unregulated like cryptocurrency. To ensure that their clients don’t have to worry constantly, you will come to know that BitOpps complies with the KYC and AML policies. These are internationally recognized and known as Know-Your-Customer and Anti-Money Laundering and can be very effective in reducing risks like that of identity theft, financial fraud and money laundering. Traders have to verify their accounts on the platform by providing documents for proof of identity and proof of residence.
No extensive paperwork for registration
Another reason that you can consider BitOpps a smart choice for your crypto trading needs is the fact that it gives you quick access to the market. You don’t have to waste precious time in signing up because there are no forms, or requirements to fulfill. You only have to provide some basic details on their website and this doesn’t take more than a couple of minutes. As long as you also agree with the Terms and Conditions of the platform, you will be registered right away and get access to the market right away.
Seamless deposit and withdrawal options
You have to make deposits and withdrawals during the process and BitOpps has gone to great lengths to accommodate its clients in this regard. You will find both traditional and modern payment solutions available here that you can use as per your convenience. Traditional methods include bank wire transfers that take a bit longer, but offer significant security. As for modern payment solutions, you can explore debit and credit cards and a variety of them are supported here. These include Visa, MasterCard, Diners, Maestro, Visa Electron, Solo and Maestro UK.
Final Word
You will also find round the clock customer support available, numerous account options and an advanced trading platform. The cryptocurrencies that BitOpps offers are also top-notch and this makes it a smart choice for anyone wanting to profit from the crypto market.