Winbitx Review – Is it a Good Fit for You?
Thanks to their high volatility, the cryptocurrency market has become notorious for making and breaking fortunes. In the last decade, many people have profited from this market and earned millions, while there are also those who have suffered heavy losses as well. Sure, it could be because they made trading mistakes, but it should be noted that the platform used for trading can also have a big impact on how things turn out.
The right platform can facilitate the whole process, but if you end up with a shady and unreliable broker, it could spell disaster for you. Therefore, Winbitx review aims to shed some light on the company and its offerings, so you can determine if it is a good fit.
This can also be helpful in finding a platform that can cater to your needs and priorities, as everyone is different in this regard. For some people, security is a big concern, while others put a lot more emphasis on customer support. You should ensure that the platform you are considering is in accordance with your preferences.
Winbitx is one of the choices that you will find and as it has been especially developed for the crypto market, it has already gotten a lot of recognition. However, you need to check it carefully in order to ensure it is a good fit for you. Some of the highlights of the platform are mentioned below:
The Crypto Options
Of course, the first thing that you would consider about any platform is the crypto options they have available. Since you are looking for a broker for trading cryptocurrencies, it wouldn’t be wise to not know exactly which cryptocurrencies you will be provided.
This is due to the fact that the rate of return and the risk associated with each digital currency varies, so it is best to be aware of what you will be risking and getting. As Winbitx is solely dedicated to the crypto space, it is a given that they offer a number of crypto options.
However, a close look will reveal that their choices are quite extensive and profitable, giving people the opportunity to diversify and spread out their investment. You can start with the top of the market, which includes choices like Bitcoin, Litecoin and Ethereum.
There are other profitable cryptocurrencies that are gaining plenty of recognition, such as Dash, Stellar, Monero, Ripple, Polkadot, Binance Coin, Bitcoin Cash, Dogecoin and Cardano. The decentralized finance (De-Fi) space is also an offshoot of the crypto industry and tokens like Uniswap and ChainLink have also been added by Winbitx for helping its clients in benefitting from that space as well.
The Security Infrastructure
Anyone who is even slightly familiar with the crypto market understands that there are security concerns, along with the trading risks. There have been some prominent breaches that have wreaked havoc across the market and it has left people very concerned and worried.
Hence, you want a platform that can minimize the risks and provide a safe trading environment. The good news is that Winbitx can fit this category because they have implemented some notable policies and measures to accomplish this goal.
You will come to know that Winbitx uses advanced encryption technology for protecting all data and information of their clients. Their Terms & Conditions also indicate that they follow segregation of fund policies for maintaining all user deposits, which means that company accounts are kept separate.
All crypto assets are also protected and the broker is compliant with KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policies, which can help in reducing the risk of financial fraud, identity theft and money laundering, amongst other concerns.
The Trading Software
One of the biggest reasons that pushes people to switch brokers is because of the trading software they are provided. The purpose of this software is to help in executing trades in the market and it provides the tools and other features that are part of the process.
The kind of platform you are provided is at the discretion of the broker, so your experience can vary, depending on what you are given. Winbitx has opted to develop their own trading platform, rather than providing one of the existing software in the market.
Hence, you are given access to a web trading platform when you sign up with this broker, which doesn’t have to be downloaded anywhere. The platform provided by Winbitx is compatible with mobile devices, desktops and laptops, delivering excellent flexibility and allowing people to trade from anywhere. They have used innovative trading technology for fast trade execution and have also incorporated various trading tools that enhance the trading process.
These include daily news, market reviews, price alerts, trading signals and various trading indicators. The smooth and intuitive user-interface means that the platform is easy to use for everyone, even if they don’t have any prior experience.
The Customer Assistance
In today’s day and age, customer satisfaction has become a primary goal for business due to the intense competition in the market. Not providing them assistance when they need can be a major turn off and can push away many clients. This is something every broker would want to avoid.
In fact, providing proper support is of the utmost importance when it comes to trading in the crypto market because even small movements can have a big impact. Keeping that in mind, a number of customer support channels have been added by Winbitx for catering to its clients.
They have provided a phone number, email address and even a callback scheduling option on their website to ensure their clients can get the assistance they need. Their agents are available 24/6 to answer questions and you can also find an FAQ section on their website where answers to common questions are already provided for your ease and convenience.
Considering that there are a range of account options for every category of trader, tight spreads, an array of payment solutions and easy registration, Winbitx can be a good fit for traders.