Online trading is meant to simplify the traditional trading process, but how easy it is will depend on the broker you sign up with. A quick search shows that the market is rife with brokerages offering their services, with each making some big promises. It is easy to be lured by these claims, only to be disappointed later. If you don’t want to go through with this, you should make it a priority to do your due diligence. This is what Wobit exchange review accomplishes, as it provides insight into everything that the company has to offer to its clients.
The first thing you should know is that Wobit has been established solely for offering access to the cryptocurrency market. As it specializes in crypto, it has added numerous features that can facilitate this process. Moreover, the Amsterdam-based company is offering its services to people from different parts of the world and from different backgrounds. This means that you will be able to use their services, regardless of your skill level and experience. But, how will you be able to trade with them? You can check out the details blow:
Checking the available cryptocurrencies
Your first priority should be to take a look at the cryptocurrencies that you will be able to trade. The choices vary for every platform, considering that the market has more than 5,000 cryptocurrencies that can be traded and new ones are being regularly introduced. You will find that Wobit has not focused on only the leading digital currencies, as many platforms are known to do. Instead of doing so, they have added a range of cryptocurrencies, which include both old and new ones.
This is a major benefit because it allows you to diversify your crypto investment and maximize the returns you make. You will be able to trade Bitcoin, Ethereum and Litecoin, along with choices like Dash, Monero, Ripple and Bitcoin Cash. You will also find that Wobit continues to add newer options and ICOs to its platforms in order to help its clients enjoy the options.
Assessing the trading platform
As most of your trading will depend on the trading platform used for trade execution, you should ensure that it is up to the mark. You will not be disappointed with the web trading solution that Wobit has developed for its clients because it doesn’t come with any download or installation hassle. It is accessible via the browser, so you can use it on any device that’s accessible. They have used state-of-the-art technology for developing the platform, allowing it to deliver smooth and quick trade execution.
The platform works seamlessly and doesn’t suffer from any lags or delays. You will also be able to use a horde of trading tools that Wobit has incorporated to boost its efficiency. Trading signals, price alerts, live charts, graphs and indicators, market analysis, daily market review and order types are only a few of the options you will find.
Considering the signup and account selection process
Many brokers claim to cater to traders from different backgrounds, but not all of them actually do so. You will find that Wobit has also made similar claims, but it has kept its word. The company’s sign up process is very simple, as it just comprises of one form on their website that you need to fill. The only major requirement is agreeing to the Terms & Conditions of the broker.
You will then find out that seven account options have been provided by Wobit to its clientele, and each account is for traders from a different background. For instance, the Trail account is for newbies and novices with zero experience, while the VIP Ultra account is for VIP and professional traders with years of experience. Other choices include Basic, Trader, Pro Plus, VIP and Millionaire Club.
With such offerings available on Wobit, traders can have an easy crypto trading experience and make their mark in this space. You don’t have to worry about a Wobit scam and can trade with peace of mind.