Global-Coin Review
Today, Bitcoin is the leading cryptocurrency in the market that is worth billions and there are more than 19,000 crypto coins to be found.
Even though they still remain unregulated, their volatility has helped thousands of people all over the world earn millions and that too in a very short span of time.
Consequently, cryptocurrencies have become an extremely popular instrument in the trading world. Traders all over the world are clamoring to add it to their investment portfolios, prompting brokers to add crypto to their asset index.
The problem is that most brokers don’t offer more than a few options, such as Bitcoin, Ethereum and Litecoin, even though there are a ton of cryptocurrencies in the market. While you do want to invest in the top ones, some of the newer ones also have a lot of potential and trading them can help you maintain a balanced portfolio. But, how do you do that?
The key is to look for brokers that solely focus on cryptocurrency trading because they will usually provide a variety of options to choose from. Rather than sticking to just a couple of crypto, they will give you a bigger asset index.
With the popularity of crypto trading, the number of such brokers has increased tenfold and you ca find a horde of brokers ready to offer you crypto trading services. But, it is not the time for you to be irresponsible. You need to be wary because there have been numerous scamming incidents involving crypto brokers and you could end up on the wrong side of the road.
Before you choose a broker, you have to ensure that they are really who they say they are and not just another con. Doing so can save you from a lot of headache in the long run and you will be able to trade cryptocurrencies with complete peace of mind.
When looking for brokers that are dedicated to crypto trading, you will find Global-Coin on your list. A relatively newer broker, it has become a popular choice in the market and has caught the eye of many traders in search of a reliable broker.
Expand Solutions Ltd., a company based in the Republic of Seychelles, established this broker in order to keep up with the growing demand of a professional investment platform for trading cryptocurrencies.
Global-Coin is just that broker because it is licensed to provide financial services to traders all over the globe. The beauty of this brokerage is that it is capable of accommodating the big and professional investor, along with the newbie and novice with no experience or knowledge whatsoever.
The team behind Global-Coin has done an exemplary job in creating a platform that can provide traders a great opportunity of trying their luck in the crypto market, in order to profit from this ongoing trend. The broker facilitates Contracts for Difference (CFD) trading, which is a lot less hassling and has incorporated everything that can make crypto trading a profitable journey for the traders.
The features that have been incorporated by Global-Coin for assisting its clients in beginning their cryptocurrency trading journey are highlighted below:
An Exclusive Range of Cryptocurrencies
If you are thinking about trading cryptocurrencies, there is a good chance you have already made up your mind about the ones you want to trade. So, when you are looking for a broker, you have to check if they are offering the ones you want or not.
If they aren’t you have to choose a different broker. It is best to select a brokerage that offers you as many options as possible because even if you don’t want to trade a lot of crypto right now, you might want to do so later on. Changing brokers can take up a lot of your time and also cause a lot of stress and inconvenience.
It is smarter to make the right choice from the beginning and this is exactly what Global-Coin is. The broker has become renowned for offering an exclusive range of cryptocurrencies for its clients, which means that no matter what your interest might be, you will definitely find it here.
Moreover, it is also the perfect option for accommodating the growing and changing needs of crypto traders, as they learn their way around the market. The options at Global-Coin start with some of the top cryptocurrencies like Bitcoin, Litecoin, Ripple and Ethereum, but they don’t just stop there.
The broker has also incorporated some newer and lesser-known options like IOTA, Binance Coin, NEM and Qtum. They are also adding more cryptocurrencies to the mix, which means that traders will be able to enjoy maximum investment opportunities when they decide to use Global-Coin for their crypto trading activities.
No Complicated Prerequisites and Requirements
No one wants to deal with these complications when they want to trade cryptocurrencies. At Global-Coin, you don’t have to do any such thing. The broker has gone to great lengths to keep their registration process simple and easy for traders, whether they are beginners or skilled traders.
If you want to use their services, you have to visit Global-Coin’s website and click on the Register option. This will take you to a form that asks you to share your first and last name, your phone number and your email address.
You have to enter a strong password and decide which currency you wish to use for making your deposits and withdrawals. The broker allows you to choose from USD, Euro and GBP, as it is catering to traders from all around the world. Next, you have to agree with the Terms and Conditions they have mentioned on the website.
Once doing so, you click on the Register button and your work is done. You will not be registered with the broker and can check their trading plans to decide which account you wish to open.
Comprehensive Account Selection
To be able to use a broker’s services, you have to open an account with them after completing the registration process. Brokers offer several account options to their clients most of the time because they understand that traders do have varying needs.
Therefore, one account option for everyone will not suffice. Global-Coin has also come up with comprehensive account plans for their clients and the most appealing part is that they offer six options, with each of them providing unique features and tools to their users. Take a look at their account plans:
Making Payments in Multiple Ways
After you check the account plans at Global-Coin, you can take some time to choose one you are comfortable with. You can opt for the one that suits your trading style and once you have done that, you need to deposit funds with the broker to fulfill the minimum deposit requirements.
If you don’t deposit the minimum amount, you cannot start trading. To make your deposit, you can check what payment methods are offered by the broker. Not every trader will want to use the same option, so every broker offers multiple options to their users.
Global-Coin has done the same in this regard and it gives you the freedom to choose a payment method that works for you. They support debit and credit cards, including Delta, Visa, Diners, Maestro, MasterCard, Maestro UK and Visa Electron.
If you want fast and easy, this is the way to go. Your deposits will be reflected in your account instantly and no charges are imposed. If you don’t want to use your card, you can go with bank wire transfers. This enables you to use your bank account directly for depositing payments. It takes time, but is very secure, so a number of traders want to use it.
However, there might be some fee involved here, which depends on your bank. Keeping up with trends, online payment solutions are also part of Global-Coin’s offerings. You can choose any of these methods for making your deposits easily. What about withdrawals? Eventually, when you have made some profits, you would also want to withdraw them.
How do you do so? The same payment methods are applicable for withdrawal as well, but it is important to remember that some fee may be charged for this purpose. In addition, withdrawals take some time to be processed, unlike deposits. Your withdrawal request may also be cancelled by Global-Coin in case your account is not verified. What do you require for verification? You will find out below.
Extensive Security and Privacy Policies
The increase in scams and other cybersecurity incidents in the crypto market has meant that security policies need to be updated and scrutinized. As Global-Coin is dedicated to offering crypto trading, they have worked hard to create a secure and transparent trading environment for their clients. Their policies are extensive, impressive and quite effective in minimizing the risks that traders have to put up with.
To start with, they are in compliance with KYC and AML. These are called Know Your Customer and Anti-Money Laundering policies, which require traders to verify their trading accounts, as mentioned above, before making any financial transactions.
These policies were developed to counter the possibility of criminals creating accounts on brokerages and using them for illegal activities like money laundering. Global-Coin has chosen to comply with these policies for the security of its clients.
Compliance means that traders who wish to use the broker’s services have to submit some documentation that can confirm their identity, residence and payment details. Identity confirmation is done through submission of any form of ID authorized by the government. It could your national ID card, driver’s license or even your passport, showing your full name.
Residence proof is given by submitting a utility bill of your home like water, gas or electricity, or a credit card or bank statement. Neither of these should be older than three months.
As for payment, this is needed in case the trader wishes to use their debit and credit cards with Global-Coin. In that case, pictures of the card have to be provided and it should be in their name. Third-party cards are not accepted by the broker under the AML rules. If your information is inaccurate, your account will be cancelled.
As long as you comply with these policies, you will have no problem in trading via this broker. But, how will they keep this information safe? Traders have this concern because they don’t want their confidential information in the wrong hands.
To deal with this problem, Global-Coin uses the highest standard of encryption for protecting all information that they collect from their clients. Even all communications are encrypted for safety reasons.
The broker has also taken measures to keep your money safe by keeping client accounts segregated from their own. No one can access their funds without permission and authority and they are stored with military-grade investment banks.
Various Customer Support Channels
When you are using a broker’s services for the first time, there will be a little bit of a learning curve. Even if you are an experienced traders, you may want to ask some questions to know how everything works. After all, the trading platform is usually different and it takes time to get a little used to it.
But, how do you find answers to your questions? Global-Coin has an FAQ section on their website where all frequently asked questions are answered for the ease of their clients. You can check this section to see if your question is present.
If it is not, Global-Coin has added other customer support channels for accommodating its clients. You can reach out to their agents through an online contact form on their website, under the Contact Us section. If that doesn’t seem appropriate to you, an email address is also provided.
For urgent or more complicated queries, you can try out the broker’s phone number provided on the website. No matter which channel you decide to use, the broker’s representatives will be friendly and forthcoming. They will try to find a solution for you quickly, so you can get back to your trading.
Final Decision
When you want to take advantage of the cryptocurrency boom and need a broker, Global-Coin can be the ideal option. The aforementioned features indicate why it is a great choice, but if you need more convincing, you can consider their high leverage options, low trading fee and their thorough educational resources. Their trading platform also makes it a breeze for people to reap in the profits from crypto trading.
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