At some point during your search for a broker, you will find yourself going through this XchangeBTC review. But, the question is why do you need to go through it? Many people are so eager to start trading that they sign up with the first brokerage they come across. However, you have to bear in mind that the choice of platform can have long-term consequences and affect your ability of achieving your goals. No two companies and their services are the same and this is what you need to take into account.
The best way for you to choose a good platform is by checking out their offerings properly and this is where you find reviews handy. They can shed some light onto the services you can expect to get, which can simplify your decision. With offices in the UAE, United Kingdom and the Netherlands, XchangeBTC has become quite a well-known name and has spread its operations to almost 150 countries around the world. What does it offer? Read on to find out
XchangeBTC’s products
The offerings overview should always begin with the primary offering of a brokerage i.e. the instruments they have available. As it is known as a bitcoin broker, it is natural to assume that XchangeBTC offers crypto trading services. Yes, it offers crypto trading and even staking and mining that most other platforms don’t have, but this isn’t it. A closer look will tell you that other instruments are also available here and these belong to some of the leading financial markets in the world. These include stocks, forex, indices and commodities and this packs quite a punch when you combine it with cryptocurrencies.
XchangeBTC’s security
Never forget to know what kind of security you are offering because the internet is not exactly safe. Therefore, you need to be protected as much as possible and XchangeBTC has not taken this lightly. Their security features are quite impressive, as they protect your account with two-factor authentication (2FA) and use 256-bit SSL (Secure Socket Layer) encryption to protect your data.
As far as your funds are concerned, they are kept in segregated accounts and cold storage is used for your cryptocurrencies. Compliance with security policies like Anti-Money Laundering (AML) and Know-Your-Customer (KYC) is another feature of XchangeBTC that can be highly reassuring for anyone considering this platform.
XchangeBTC’strading platform
Another vital offering of a brokerage is their trading platform because you use it for trade execution and you will find that XchangeBTC has come up with a web-based trading platform. This means you access it through their website and there is no need to download it anywhere. The platform uses state-of-the-art technology for offering swift execution and comes with advanced tools that give you market updates, trend alerts and signals.
Moreover, you will find that XchangeBTC has kept the user-interface very intuitive because they want all types of traders to be able to use the platform without any hassle. This makes it easy to navigate for everyone. They have also provided mobile trading solutions, so you can stay connected to your trading account at all times and enjoy trading on the move.
XchangeBTC’s customer support
If there is one feature of a broker that you need to look into, it is their customer support because it also affects your experience. You will find that XchangeBTC has done a good job of providing support to their clients. You can use their FAQ section to find answers to questions you may have. In case they are not there, you can contact the team available 24/5 through different channels. They have provided a phone number and an email address for contact, or you can also fill out the form on the website to create a ticket and get a response quickly.
Ending Thoughts
With such features and services, it is apparent that XchangeBTC has developed a comprehensive trading solution for its clients.