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XTRgate

XTRgate Scam? Trading Cryptocurrency With XTRgate is Truly Safe

Cryptocurrency trading has become one of the most popular activities these days because it offers a great opportunity to people for earning solid returns. No other form of trading is as profitable as cryptocurrency due to its volatility. But, this also means risks are higher and so you need to be cautious every step of the way.

You obviously don’t want to waste your money and the best way to do so is by taking appropriate steps to start crypto trading. The first thing you need to do is find a reliable cryptocurrency broker. A broker is a must because they act as your bridge to the market and provide you access to the required tools and features.

As crypto trading is on the rise, the market has a lot of brokers offering their services to interested traders, but this doesn’t mean that all of them are equal. Some of these crypto brokers have been around for a while whereas others are relatively new.

Some brokerages only provide services to experienced crypto traders while some are only catering to newcomers. Instead of choosing any of these brokers, it is best to find one that accommodates all kinds of traders and can offer well-rounded and comprehensive services. One such broker is XTRgate. 

Is there an XTRgate scam you might ask? Well From my experience with the broker it is not a scam. It is safe to say that this broker is legitimate.

XTRgate Review

Founded in 2019, XTRgate has attracted a lot of attention from global traders because it facilitates the cryptocurrency trading process and makes it easy for everyone. How does it do that? You can check its features here:

  • Substantial number of crypto offerings

It is not advised to choose a cryptocurrency broker without taking a look at their crypto offerings. It is possible that you are interested in one cryptocurrency so you should ensure your broker is offering that one. Moreover, you want to have access to as many options as possible because it can help you in diversification in the long run.

This is where XTRgate can be the ideal fit as they are offering more than 40 cryptocurrency pairs for trading. This is undoubtedly impressive because most crypto brokers don’t go beyond the top four cryptocurrencies in the market. 

XTRgate doesn’t just let you invest your capital in Bitcoin, Ethereum and Litecoin, but has also expanded its offerings to include Ripple, Bitcoin Cash and plenty of other less recognized cryptocurrencies like NEO, Dash, IOTA and Monero.

This allows traders to mitigate their risk by spreading their investments in volatile and non-volatile cryptocurrencies. One important thing to know about XTRgate is that the broker also lets you trade Bitcoin with a number of fiat currencies like USD and EUR. 

  • Supportive trading conditions available

As XTRgate is dedicated to facilitate cryptocurrency trading, they have designed their trading conditions accordingly. You can enjoy margin trading with the broker and slippages are kept to a minimum. One of the most prominent condition is that leverage as high as 1:20 is available for certain cryptocurrency pairs, something that not all brokers can offer.

This means that even if you don’t have a lot of money to invest, you can still open bigger trades thereby boosting the possibility of high returns. Along with these perks, deep liquidity is another benefit that XTRgate is offering to clients. Thanks to this feature, traders can see cryptocurrencies at their desired asking point or as close as possible. 

  • Highly intuitive and user-friendly trading platform

Cluttered and difficult-to-navigate trading platforms have become rampant in the market and this can seriously hamper your trading ability. Familiar with this dilemma, XTRgate has developed their own trading platform that boasts a highly intuitive trading interface that is fast and smooth.

One-click trading ensures that transactions are made right away and since the platform is user-friendly, newcomers will also have no issues in learning how to navigate it. 

No download or installation process is involved as XTRgate has a web-based platform and it is equipped with some of the top trading tools and advanced technology in the market. The platform can be used on desktop and mobile platforms, as long as they support the web browser.

Plus, it also means that the trading platform doesn’t depend on the device’s performance. Trading tools like custom charts, trading indicators, graphs, daily market review and price alerts are available. 

  • Account verification process for security reasons

As security issues have become widespread in the crypto market, authentic brokers like XTRgate have taken appropriate measures to combat them. One of this includes verifying accounts of everyone signing up on their platform to ensure no cybercriminals or shady individuals can gain access.

This is in compliance with the Know Your Customer (KYC) policy. There are two sections of this policy; proof of ID and proof of address. 

Anyone who chooses XTRgate as their broker will have to give proof of ID by submitting their passport, government-issued ID card or driver’s license. Utility bills or bank statement is needed for proof of address.

Anti-Money Laundering (AML) policy is also in place under which deposits and withdrawals can only be done through one method and they cannot belong to any third party. The purpose is to prevent the platform from being used for financial crimes like money-laundering. 

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  • Easy registration and account sign up

In order to facilitate their clients, XTRgate has kept their registration process simple and fast. It only takes a few minutes to complete as only basic information like name, email address, phone number etc. is required. No registration fee has to be paid and traders can immediately move onto account selection.

Account options include Basic, Bronze, Silver, Gold, Platinum and Black. The first account is for beginners whereas the last account option is only for VIP traders who have to fulfill a certain criteria to open this account. No one can sign up directly for it. 

See Also: DMX Markets Review

Final Thoughts

Along with these features, XTRgate is offering quality educational resources to their clients to help them expand their crypto knowledge. Their customer support is also topnotch and responsive, ensuring that the crypto trading process is safe and profitable. 

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