Bitso Review
Did you know that the Crypto trading industry has over 11 million retail traders across the globe? It is a massive army of investors who are making money by trading currencies and derivatives. After registering with Bitso, you will be able to join this global community. The exchange featured in this review is in the top echelon of companies offering financial services in the FX market. It has hundreds of financial instruments and lucrative investment plans!
We decided to put together a list of reasons why you should take a closer look at this particular trading platform.
Reason 1. Bitso has a good track record
With several years’ worth of experience, the company is among the most trustworthy brands in the whole FX market. It is a brand that offers a wide range of services and products that will most certainly help you make more money over a long period. Thanks to the diversity of financial instruments and stability of the platform, it makes sure that thousands of its clients enjoy outstanding service.
User reviews about the trading platform are mostly positive. Testimonials are focused on the stability of the web infrastructure, reliable banking, and diversity in the product lineup.
Reason 2. Bitso provides a powerful trading terminal
The native terminal has many features that all retail traders will find quite appealing. From standard technical indicators to graphical tools, you will find all the necessary instruments for thorough technical analysis. At the same time, you will enjoy true instant execution thanks to the direct integration of the terminal into the web infrastructure of the exchange.
Reason 3. Bitso uses advanced safety measures
When it comes to using any online service, the question of safety and preserving anonymity is the most important one for many people. With so many stories about leaked documents, breached security, and other problems related to failed data protection systems, providing excellent safety measures is a critical priority for many exchanges.
- Bitso’s official website uses SSL encryption to ensure that all communications are protected from any external access.
- Databases used by this eschange are also additionally encrypted and prevent any unauthorized access.
- The privacy policy states that the company never shares user data with third parties and business partners.
Reason 4. Bitso offers many payment options to choose from
For any contemporary trader, having a rich choice of payment options is a huge advantage. Modern internet users may employ all sorts of financial platforms to pay for services and goods. When depositing, you will be offered a selection of payment methods:
- Bank transfers can be slow, but they allow traders to move large sums of money. You may experience a delay of up to 3 days when making a deposit.
- Cryptocurrency transactions and financial platforms like Skrill can be applied too, but you may need to inquire in the support system whether you are eligible to use them.
Reason 5. Bitso provides in-depth education
Any Crypto trading exchange must provide educational materials to its users. Over 30% of all retail FX traders do not have any background in investing or trading assets. It is crucial to provide them with all the necessary education, at least, in a compact format. Here are the types of materials you will find on Bitso:
- Guides on how to execute trading strategies;
- Tutorials where all features of the web platform are explained in detail;
- Market breakdowns that provide insights into the world of FX trading;
- Tips and tricks for newcomers to the FX industry.
Conclusion
These five reasons are enough to convince most beginners to join this trading platform. Bitso is a solid choice for those who are stepping into the domain of financial markets for the first time. The exchange has a reputation as a reliable and trustworthy platform.
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