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Alterdice Review – This Crypto Exchange is %100 Legit!

Alterdice Exchange Rating
Conclusion
Alterdice is a recommended platform for cryptocurrency trading, it has all the tools and educational resources plus it is one of the safest platforms out there. Sign up in the link below or continue reading our Alterdice review to learn more about the exchange.
Account Types
9.7
Trading Speed
9.4
Customer Service
8.9
Safety
9.8
9.5

Alterdice Review

alterdice logo

The technological evolution experienced today is much more advanced than what anybody could have imagined and this has brought about a lot of changes which can be seen in trading platforms like Alterdice, compared to a couple of decades ago. Technological advancement coupled with the power of the internet has now entirely changed the world ushering us into the digital age. This is one of the reasons why we are writing this Alterdice review today because with all these new advancements, it can be hard to know which trading platform to choose.

The digital age in turn has brought about changes and various improvements within all industries in the economy of today’s world. And one of the industries that have been heavily impacted by this evolution in the financial industry. The financial industry has now been revolutionized with online trading, allowing traders and investors to participate in the financial market at the comfort of their homes.

However, the peak evolution of the financial industry happened with the introduction of the cryptocurrency market through the invention of Bitcoin which is the first digital coin in the financial market. The invention of Bitcoin in 2009 saw a lot of opposition and speculation around its decentralized nature and volatility. But the cryptocurrency market has seen a lot of growth and activities since then with more investors willing to participate and more digital coins being rolled out. 

Today, cryptocurrencies are now recognized as the future of money. More businesses now accept digital coins as means of payment and lots of investors hold various digital coins as a store of value. So to assist people in acquiring various digital coins, cryptocurrency exchange platforms were developed so people could easily use their fiat currencies to purchase these digital coins.

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The cryptocurrency market has then come to see various crypto exchange platforms get established over the years aiming to be the top choice for investors. However, investors have always had the challenge of not being able to carry out transactions easily and quickly as most of these exchange platforms are not usually adequate for the task.

As a result, a lot of investors are constantly in search of an exchange platform that will offer them the ease of carrying out various transactions while also providing adequate security for their ventures. As simple as the trading needs of investors are, it has become a challenge to find a decent exchange platform to cater to those needs as virtually all exchange platforms claim to offer these features adequately. Only for investors to sign up with these exchange platforms to realize how mediocre the services offered are while unlucky investors get to fall into outright scams of exchange platforms.

How can investors now get a reputable and trustworthy exchange platform?

The truth is investors will have to do their own research i.e. consider various aspects of crypto exchange platforms before making a choice. And among the pool of options considered, investors will come across one that will stand out just like Alterdice.

A lot of investors overlook the Alterdice exchange platform because it’s a new exchange platform in the cryptocurrency market. However, what Alterdice is lacking in experience, it sure does make up for it by offering credible and extensive services to various investors.

This Alterdice review is aimed at giving you an honest and detailed insight into the services, benefits, and features of the Alterdice exchange platform and it is considered unique by many investors in the cryptocurrency market.

Exchange PlatformAlterdice
Websitehttps://alterdice.com
SecurityTwo-factor authentication, Cryptocurrency repository, Withdrawal protection, advanced verification tools, and so on
Trading platformWeb-based platform and Mobile App
Payment methodCryptocurrency
Trading assetsEthereum, Bitcoin, Litecoin, Monero,  and so on
Commission0.20%
alterdice website

The Alterdice exchange platform is a relatively new cryptocurrency exchange established in the year 2018 having its headquarters located in Singapore. Many investors have now come to see that Alterdice is a reputable and innovative platform that is highly customer-driven in terms of services being offered to its client

Alterdice aims at stimulating its clients to adequately participate and win big in the cryptocurrency market and as such has developed a secure and well-structured environment in which its clients can exchange numerous digital coins at great market prices.

Intending investors who look to choose Alterdice as a trading partner get to benefit from an intricate set of services such as a powerful trading platform, two-factor authentication, a wallet for keeping your digital coins, withdrawal protection and so much more. And the good thing Alterdice has structured these services to adequately meet the needs of investors regardless of the trading experience.

Now, let’s have a proper look into the features and benefits of the Alterdice exchange platform.

Security Protocol

The digitalization of the financial market did not come without its woes as it is now exposed to various cyberattacks, scams, and fraudulent activities. And as result, investors want to choose exchange platforms that can protect them against these insecurities.

The Alterdice exchange platform is recognized to provide one of the best security measures in the cryptocurrency industry and from our research, we found that to be very true. Alterdice has made adequate provisions for the security of its clients’ investments, identity, and sensitive personal information.

To ensure that adequate security is always in place, Alterdice constantly improves audit processes, reduces the “attack surface” in its infrastructure,  and strengthens current protection levels. Although it is important to note that not all the security measures offered are automatically activated as you will have to activate the security measures you want for yourself depending on how security conscious you are. The security measures put in place include;

Two-factor authentication (2FA)

This technology is utilized in security the most fundamental activities carried out on your trading account which includes the withdrawal of funds, creating API keys, and overall authorization. The 2FA can be managed and controlled using a U2F security key, Twilio or Google Authenticator

Advanced verification tools

To curb fraudulent activities, the entire authorization data is verified and stored when suspicious activity is noted. The analytical system monitors changes in  IP address to stop hacking in the course of a working session.

Withdrawal protection

To ensure that the right user gets the requested withdrawal, the security system put in place automatically makes use of various user action patterns and IP addresses to track the withdrawal operation.

Cryptocurrency repository

To protect clients’ investments against a successful hack, Alterdice makes use of cold wallets that cannot be accessed from the servers or the platform itself. The exchange platform keeps about 98% of the clients’ total investment safe in cold wallets while the remaining is left in hot wallets to be used for everyday activities.

To access the cold wallets, a manual authorization has to be carried out only by few designated chief administrators.

System security

The most advanced Linux operating system is used in hosting the entire platform offering the best security procedures to protect various servers and to automatically back up all databases every day.

Other security measures put in place include the DDoS-attacks protection and automatic duplicate of backup data among others that could not be shared on their website for security reasons.

Commissions and Fees

Another important factor investors and traders consider before choosing an exchange platform is the commission and fees charged on various trading activities. No investor will want to pay higher than the average commission charged in the crypto market hence high fees and commissions are great turn-offs.

Every investor is expected to pay various commissions and fees and that is normal as this is how exchange platforms make their own gains from the financial industry. The commissions and fees charged can be grouped into two which are the trading fee and Withdrawal/Deposit fee.

When it comes to the Alterdice exchange platform, the commissions charged on the execution of trades, deposits, and withdrawals are relatively low. In fact lower than the industry’s average on a global scale.

Trading Fees

Each time an investor executes a trade, the crypto exchange platform charges a trading fee. Ideally, the trading fee is a fraction of the total value of all executed trades.

The trading fee is divided into two; the maker’s fees and takers’ fees. Takers are individuals who “take” orders from the order book while on the other hand, Makers are individuals who initially put orders in the order book. 

The Alterdice exchange platform charges roughly 0.20% for both the maker’s fee and the takers’ fee. And just like we mentioned earlier this percentage charged is a little lower than the industry’s average on a global scale.

Withdrawal fees

Generally, the withdrawal fees charged by most exchange platforms are of fixed amount varying from one exchange to another. However, quite a few exchange platforms work with a percentage instead of a fixed amount.

In the case of the Alterdice exchange platform, its approach is quite different as it makes use of both the percentage-based withdrawal fee and fixed withdrawal fee. To withdraw BTC, Alterdice charges a fixed withdrawal fee of 0.0005 BTC with no extra charges on the amount withdrawn.

In comparison with the industry’s average fixed withdrawal fee of 0.0006 BTC charged on each withdrawal, Alterdice charges relatively low. However, it is still tricky to compare as Alterdice also makes use of the percentage-based withdrawal fee.

Trading Platform

Every crypto exchange platform offers its clients a trading platform to be able to carry out essential trading activities. However, the trading platform offered differs from one. Exchange platform to next in terms of design, the user interface, and the overall structure.

Even though exchange platforms offer different trading platforms, a trading platform that is considered decent must have a user-friendly interface, smooth, simple, and very easy to steer. The software algorithm must enable traders to carry out trading activities such as ad price monitoring, trade execution, and various market analysis effectively. 

The Alterdice exchange platform recognizing how crucial the trading platform is to many investors developed its own Web-based platform coupled with a mobile app. The web-based trading platform was carefully designed to offer quality trading services to clients so they can have incredible trading experiences. The web-based platform is very easy to navigate and simple to use for both newbie traders and expert professionals. The exchange platform is integrated the latest trading tools, order books of exchanged cryptocurrencies, graphs, and various charts.

All these incredible features are also integrated into mobile app trading software. However, an added advantage to the mobile app is that traders and investors can always monitor and oversee their trades on the go spring them the stress of having to always log in to the exchange’s website. The mobile app is available for download and installation on the Apple store and Goggle Play i.e. suitable for both iOS and Android OS.

Deposit and Withdrawal Methods

It is required of exchange platforms to provide withdrawal and deposit options so clients can easily deposit and withdraw their money whenever necessary. All exchange platforms have designated payment methods made available for their clients to use and the same goes for the Alterdice exchange platform.

The exchange platform only makes use of cryptocurrencies for both withdrawal and deposits which is quite limiting for investors. The entire process is a little bit longer as investors must first purchase cryptocurrencies from another exchange platform before depositing them into the Alterdice exchange platform.

Customer Support

The Alterdice exchange platform provides quick and incredible customer support to all its clients. Alterdice has a team of support agents that are always prepared to assist clients whenever a request or complaint comes up. The support agents are customer friendly and highly effective at carrying out their jobs.

The customer support offered by Alterdice is available 24 hours a day and 7 days a week. And agents can be reached using various support channels such as telephone, emails, and live chat. All contact information is made available on their website.

Final Thoughts

It is evident from this review that the Alterdice exchange platform is one of the incredible exchange platforms you could come across in the cryptocurrency market. Its features and services are well-tailored to meet the needs of investors across the globe offering a great trading experience and standard security to clients’ funds.

It’s now left to you to decide if this exchange platform is qualified enough to serve you or not. However, if you’re still unsure about Alterdice, you can still go-ahead to do a more in-depth study to find out why this cryptocurrency exchange platform is considered unique.

ExchangeRatingTrade
Alterdice9.5 / 10Trade Now

Alterdice Exchange Rating
Conclusion
Alterdice is a recommended platform for cryptocurrency trading, it has all the tools and educational resources plus it is one of the safest platforms out there. Sign up in the link below or continue reading our Alterdice review to learn more about the exchange.
Account Types
9.7
Trading Speed
9.4
Customer Service
8.9
Safety
9.8
9.5

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Klaus Mauer (Germany)

Klaus is one of the main German language writers on Tokenhell.com and writes about cryptocurrency related news, events, updates and also reviews of crypto brokers and exchanges.

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