Cryptocurrencies are the wonder technology to the modern age, like the steam engine was to the industrial revolution age. Through cryptocurrency trading, many people have made fortunes in very a short time; sometimes overnight. There are many platforms (or exchanges) to trade cryptocurrencies, but you cannot randomly pick one and put your money into it. That is why we are offering you this Stormgain exchange review: to introduce you to one of the platforms you can use to join the new revolution of the crypto age.
The creation of Digital currencies, cryptocurrency, has really improved the lives of individuals whilst aiding trading of commodities on the internet. Newbies to cryptocurrency are always told to DYOR (Do Your Own Research), which involves deciding the cryptocurrency to invest in, knowing how to trade and a lot of other important features required for a successful trade, but, these are most times determined by the exchange platform used and what it can offer to its user. This is why this Stormgain Exchange review is such a good and relevant read.
An exchange platform is what connects a trader, i.e. buyer, seller, and investors, to the market. It serves as an online broker useful for trading online commodities. To plug into the online market, this is one of the major tools needed for trading. Determining the Exchange platform to use is a very important decision for every Crypto trader, because of the confusion that arises from the plethora of platforms available on the internet, the need to know the best one to use and the need to avoid the scam platforms. This Stormgain Exchange review has been written to serve as a guide for plugging you into the right exchange platform.
There are a lot of reliable and trustworthy exchange platforms to use nowadays. One of such platforms is Stormgain Exchange and this is based on the fantastic features it offers traders, both expert and newbie, and its provision of a hassle-free platform. Keep on reading to know what makes Stormgain Exchange stand out from other exchange platforms.
Stormgain is an exchange platform that focuses mainly on Cryptocurrency. It is a multi-currency trading platform that holds all major types of cryptocurrencies, such as Bitcoin, Ether, XRP, Tether, Litecoin, and Bitcoin Cash, for various purposes.
Stormgain is a trader-friendly exchange platform that provides a quality trading experience while serving as an intermediary for cryptocurrency traders to carry out different forms of exchange. The simplicity of the Stormgain App helps newbies in cryptocurrency trading understand and garner the experience required for a successful trade.
Many users with little or no experience in trading find Stormgain comfortable to use and expert traders also have the same experience. This is due to the ease with which the functionality of the platform runs in connecting traders to assets that can be traded or invested in. Searching for a multiple function-in-one application that allows users to Purchase, Transfer, Convert, Trade, make profit, Hodl, and learn Cryptocurrency without going through the process of acquiring multiple apps on a user device and sourcing materials online? The perfect platform is Stormgain.
Trading could get complicated due to its technicalities and how an asset in the market which is beyond your control decides to act; it could be exasperating, and using the wrong trading platform will just make it worse off. A good trading platform eases the burden felt on a bad trade day when it runs smoothly instead of compounding to the pain.
Trading assets in cryptocurrency is not something that should be done without the right knowledge and guide, to avoid running into a loss. Just like trading of physical commodities, there could either be a gain or loss depending on several factors when trading cryptocurrency. That is why getting the right trading platform that gives a good trading experience is important and, Stormgain offers this with their different unique features.
|Trading Platform||Mobile, Web, Desktop|
|Account types||Standard, Gold, Platinum, Diamond, VIP1, VIP2, VIP3|
|Trading Commission||Yes (up to 20% discount)|
|Minimum Deposit||50 USDT|
Features of Stormgain
- Ease of use
Some exchange platforms are complicated and harder to use than others. An exchange platform might require watching long hours of YouTube videos to navigate how to use the application because of its interface and makeup. Learning to trade cryptocurrency and its intricacy is hard enough. There is no need for an application that seems complicated; it could get frustrating especially to a person that is new to cryptocurrency trading. With Stormgain, its interface is one of the features that endear it to its users because of its simplicity and the understandable features that make up the app.
This is a major advantage of Stormgain: the ability to guide its users, allowing a comfortable trading experience for them. It also comes in 10 languages depending on which one the user understands. All these features make the platform user-friendly. The worst nightmare for a trader is having a bad trade that arises from the functionality of the exchange platform being used. There are bad experiences of application software not running smoothly, affecting the closing of a trade and leading to a loss for the trader. With Stormgain, this problem is eliminated because Stormgain runs on sophisticated software, which allows for a smooth and comfortable trade.
- Accessibility of the app
Trading has been made easy. In the time past, when cryptocurrency first came to the limelight there was nothing like an exchange platform; there were only wallets available to store a coin. But exchange platforms, like Stormgain, have made it easy to do a lot of profitable things other than storing cryptocurrencies. Depending on whichever way you decide to trade, Stormgain fits into its user pattern. The platform is not restricted in any way of use and can be accessed for use both on phones and the system. So, whenever you decide to trade it is available for use. The web-based access and app provide the same features so; the user is free to use the tool he/she is comfortable with.
- Trading Signals
Trading with the Stormgain cryptocurrency exchange platform comes with a lot of surprises due to some of its amazing unique features which set it apart from other crypto-based exchange platforms. One of these is the daily signal given to its user found on the dashboard of the platform. These signals are 70% accurate, so even a non-professional trader or newbie to trading can make a precise decision to get a good trade.
The signal tips are derived from advanced market analysis techniques and notify Stormgain users of the best opportunity for profit and when it occurs. This added advantage gives users a great privilege and creates a good trading experience.
- Stormgain Terminal
Stormgain provides useful information on the dashboard of its terminal, allowing users to navigate the options presented by the platform easily. The dashboard contains a precise ranking list based on rising and falling assets allowing traders to make informed choices on a coin before delving into a trade. There are various charting tools to track trends and price movement with 9 different timeframes to choose from. The Stormgain platform has over 40 technical indicators so there is a vast option of indicators to allow efficient analysis of any trade, including the Ichimoku cloud and Stochastics.
Stormgain uses real-time prices, on all coins, which are very accurate. So the rate to which a coin is set is actually the standard rate given. Some exchange platforms are known to increase their prices at times but this does not happen on Stormgain. Every Stormgain user has access to push notifications informing them of any available tutorial that is useful to them; free trading signal tips, charts, and technical analysis tools are available too. Don’t the advantages of using Stormgain get better?
- Demo Account
One way to detect a quality trading platform is the inclusion of a demo account feature. A demo account is necessary for a trading platform to prepare potential traders, mostly newbies, on how proper trading can be done so they do not just rush in to trade and run at a loss. Stormgain provides a demo account for users with up to 50,000 USDT worth of virtual funds to practice before starting a trade. A good trading platform should look out for its user by providing the necessary guidance needed to give them a good trading experience. This is one of the features which makes Stormgain to be sought after by Cryptocurrency traders.
- Tutorials and Learning opportunity
Trading Cryptocurrency comes easy for some people while it is based on prior experience for others and so, there is always an avenue to learn irrespective of if you are an old-time trader or a new trader. Stormgain is a learning platform so you do not have to regularly source new information regarding the crypto trade. Stormgain trading platform gives users access to learning materials that can also be implemented during trade on the app. Webinars can be hosted, that connect users to useful information on trading. Tutorial videos are present, for new users or beginners using Stormgain to equip themselves for a great trading experience.
A good trading platform should be able to guarantee the safety of users’ funds. Stormgain provides good security that prevents Cyberattacks and loss of users’ investment made on the platform. There has been a history of exchange platforms being hacked into and leading to the loss of investors’ funds. With Stormgain, adequate measures have been put into place to prevent such digital crime from taking place on the platform. Measures like 2-Factor Authentication (2-FA, which allows the user to give access to the account even if the password has been compromised are used on Stormgain. Cold wallets are also used to ensure secure, offline storage of cryptocurrencies.
- Assets Offered
This is the most important feature an exchange platform holds because this is the major reason they are needed in the first place. Without the assets needed by the user, the platform might not be found useful. Stormgain exchange is a cryptocurrency-based platform that contains over 20 different cryptocurrency futures contracts that can be traded with.
It also includes a Crypto wallet that can be used to buy and store six major cryptocurrencies for the long term. The coins are Bitcoin, Bitcoin Cash, Tether, Litecoin, Ethereum, and Ripple. So, Stormgain allows holding of coins which are useful to users that are not interested in trading.
- Cryptocurrency Mining
A unique feature of Smartgain exchange is its ability to allow users to mine their own cryptocurrency known as the Cloud Miner tool without using any special equipment; it is all done on the application. It is an easy process that does not affect the user. This is because it is hosted on a cloud server. The feature comes free with the application and works by mining every four hours until the first USDT is gotten, which is then used to trade.
- Depositing and Withdrawing Funds
Funding your Smartgain account is a simple process that can be done via Credit card or Debit card. The minimum deposit in an account is $50 and has a commission fee of 5% for every deposit made, which is a minimum of $10. This deposit can then be used to acquire whichever cryptocurrency is needed. The withdrawal fee is 0.1% of the amount being withdrawn. The minimum amount for withdrawal is 50 USDT or its equivalent in other currency. Funds to be withdrawn are transferred into a wallet. Any transaction takes up to 30 minutes to be processed and Paypal is not accepted in Smartgain. Every necessary information on funding a Smartgain account is found on the website.
The commission on Smartgain is very low ranging from 0.19% to 0.2% on every USDT and BTC pair. The commission on its exchange service ranges from 0.095% to 0.25%. There is no trading commission when orders are placed i.e Zero trading commission. This commission rate of Smartgain makes it one of the most preferable cryptocurrency platforms.
For an expert trader looking for big profits, Stormgain is the perfect trading platform due to the leverage offered on it. Smartgain has one of the highest leverage with a multiplier up to X200. This means big trade can be done with minimal capital.
Newbies should be careful though because high leverage could give a big win and also a big loss so, a trader needs to trade carefully with this type of leverage offered.
- Account types
Stormgain has different status levels that are seen under the Loyalty Programme which are: Standard, Gold, Platinum, Diamond, VIP1, VIP2, and VIP3. The level for a trader is determined by the volume being traded. For a first time user, the level they are is the Standard level and it does not have a volume requirement, but for the Gold level the volume requirement is 150,000 USDT. Platinum has a volume requirement of 750,000 USDT, Diamond a volume requirement of 2,500,000 USDT, VIP 1 a volume requirement of 7,500,000 USDT, VIP 2 a volume requirement of 15,000,000 USDT and VIP 3 a volume requirement of 75,000,000 USDT.
So, for each status level the volume requirement for trade or exchange increases. The bonuses and promos also get better for each status level a trader occupies. Therefore, the higher your status level the better your bonuses on Stormgain.
All account types in the loyalty programme offer deposit bonuses to every status level on Stormgain Exchange platform. The deposit bonuses start from 5% for Gold members and goes up to 20% for VIP 3 members. There is also an annual interest rate on every deposit made which ranges from 3% interest for Gold member to 12% interest for VIP 3 members.
The crypto mining speed also increases for every status level; it starts at a speed of x0.5 for standard level and increases to a speed of x530 for VIP 3 level. So, the higher you go, the better it gets on Stormgain. There are lots of bonuses and promo codes for every user of the Stormgain exchange platform to take advantage of.
- Islamic Account
Stormgain offers an Islamic account which is designed for crypto traders who are restricted from receiving or paying swaps due to religious beliefs. There are no swap or interest charges on the Stormgain Islamic account, only an administration fee justified by administration of related expenses to manage the account being charged.
The account opening of an Islamic live account is done on Stormgain page but this is not possible if the user has already signed up for a non-Islamic account. The method of depositing fund into the Islamic account can be done using the preferred deposit method stated on the Stormgain platform. Withdrawal of fund can also be done anytime on the Stormgain platform.
Stormgain Cryptocurrency Exchange Platform
Stormgain is a relatively new platform, founded in 2019. Although it is not yet regulated, it has gained ground in the crypto world due to the reliability of its services and it is currently in use in over 100 countries. There is no restriction on its trading hours unlike other financial markets that stop trade over the weekend. Trade on the Stormgain platform is done 24/7. The customer support service is top-notch, with good reviews from users; it is easily available through live chat services via E-mail, Telephone and Telegram.
Stormgain Exchange platform provides a safe haven for all cryptocurrency traders to carry out future trading, exchanges and multi-currency wallets (for storing coins for non-traders). This is the go-to platform for every trader to conveniently trade while learning, earning and mining cryptocurrencies. This review is adequate proof that Stormgain is a legit exchange platform and not a scam.