XchangeBTC Review – Is XchangeBTC Scam or Legit?

XchangeBTC Review

Cryptocurrency trading has become all the rage nowadays and one of the platforms that has been established to help people with venturing into this market is called XchangeBTC. A quick look at this broker indicates that it is committed to giving people access to the crypto market, whether it is through borrowing, lending, mining, trading, or investing in these digital currencies. With hundreds of similar platforms that can be found, it can be confusing and challenging to figure out if this one can be a suitable option or not. Going over the XchangeBTC review can be a good step in this regard because you can learn the ins and outs of the platform.

After all, you want to be able to tap into the potential of the crypto markets as smoothly and easily as possible. This can only happen when you have the right partner to assist you, which is a broker in this case. XchangeBTC has earned a lot of recognition due to its offerings, but you should know exactly what has helped it in doing so before you decide to sign up with them. What are the things that should be considered? You can find out below:

Look at the available cryptocurrencies

The first thing you should look into is the crypto index that a broker is offering to you. It is best to know what cryptocurrencies you will be able to trade and whether there is room to diversify because this can help you maximize your profits and reduce trading risks. The same should be done with XchangeBTC and when you do check out the options, you will find that they are quite impressive. Not only has the broker added the most popular cryptocurrencies in the market, such as Bitcoin, Ethereum and Litecoin, but have also added some other digital currencies with a lot of potential.

These include cryptocurrencies like Stellar, Polkadot, Bitcoin Cash, Monero, Dash, Binance Coin, Dogecoin, Ethereum Class, Cardano and more. As a matter of fact, you will also find that decentralized finance (De-Fi) tokens have also been added by XchangeBTC to their offerings and these include Uniswap, Tron and ChainLink, amongst others. Traders will have a lot of room to diversify and will find some profitable options that can help them in achieving their financial goals.

ProBTC online trading platform review

Assess the trading platform

It wouldn’t be a smart move to opt for a broker without considering their trading platform. This is the feature that you will engage with for the most part, as it is used for trade execution and monitoring the market. It provides you the trading tools and if it is lacking in any way, you will suffer at the end of the day because it will hinder the trading process. Every broker is free to offer whatever platform they deem suitable and a web trading platform is available on XchangeBTC that they have developed for their clientele.

The company took the needs of its clients into account when developing this platform and despite using powerful and sophisticated technology, they kept the user-interface simple and easy-to-navigate. This ensures that no matter how much experience you have, you will be able to use the platform without any difficulties. Moreover, a range of trading tools have also been added by XchangeBTC to enhance the functionality of the trading platform. These tools include daily news, live prices and alerts, trading signals, advanced charts and numerous risk management tools as well.

An important thing to note about the XchangeBTC trading platform is that it is desktop and mobile compatible as well. So, you can use it on the move, or trade from the comfort of your home. There is no need to download it anywhere, so that’s one more hassle you can avoid.

ProBTC trading platform

Evaluate the account options

Whether you are able to trade comfortably and with access to the tools you want will depend on the account options that are provided by a broker. Not all of them will offer the same options and have the same requirements and features. There are five account choices that XchangeBTC has developed for its clients and they are aimed at traders belonging to different categories. You can go over the options to select one that seems suitable to you. Check out the options below:

Mini: A minimum deposit requirement of 0.3 BTC comes with this account, which is for newcomers. It includes 1:200 leverage, trading webinar, weekly market review, account manager, daily news and 25% margin loan.

Silver: With a deposit of 1 BTC, this account for beginners’ offers 35% margin loan, daily market signals, daily market review, analyst sessions, portfolio construction, in-depth research and a broker.

Gold: You have to deposit 5 BTC for this account, which is for intermediate traders and it comes with a 50% margin loan. You can get individual one-on-one sessions with an analyst.

Diamond: Having a minimum deposit requirement of 10 BTC, the Diamond account is for advanced and skilled traders. It comes with 1:300 leverage, customized education, invites to VIP events, managed portfolio, 75% margin loan and daily market signals.

VIP: The last account offered by XchangeBTC is for professional traders and it doesn’t have a minimum deposit requirement. However, you cannot directly sign up for this account because there is a specific criteria that you have to fulfill in order to qualify for it. It provides 1:400 leverage, personal chief broker, super tight spreads, 100% margin loan, wealth manager, higher payouts and one-on-one live stream trading webinar with top analyst.

Other than these areas, you should also consider that XchangeBTC offers 24/6 customer assistance and support. You are also provided with a safe and secure trading environment that allows you to focus on your crypto trading and not worry about being scammed or defrauded. Their registration process is simple and quick as well, allowing you to jump in and start trading without delays. To put it simply, you can find everything that’s vital to the trading process with XchangeBTC and this makes it a dependable broker for everyone.