The recent hype around cryptocurrencies and stock share investments has brought in an influx of new traders to the industry. People have always been into online trading, but periods of high volatility where stories of people suddenly becoming rich start coming out attract more traders. Cryptocurrency trading has always been an area of interest ever since its emergence in 2009. Now, there are thousands of different cryptocurrencies.
When you are interested in trading cryptocurrencies, you should make sure to sign up with a brokerage firm that provides great trading conditions and supports a large variety of assets. BTC Trends is a broker that I recommend to everyone who asks me for advice regarding cryptocurrency trading. The features it offers are all designed to provide a premium trading experience. So, let’s take a look at some of the best features of this firm.
Best Features of BTC Trends
BTC Trends Introduces DOGE
Cryptocurrency mining is easier now than ever which is why new cryptocurrencies are emerging almost every day. BTC Trends plans to launch a new cryptocurrency called DOGE, short for Dogecoin, in the upcoming month. This currency was launched in 2013 as a joke but developed to become crypto that has 1-minute block intervals which is the shortest time period for intervals. So, keep an eye out for this new addition to the BTC Trends’ list of assets.
Types of Accounts
Traders that use online trading firms as their trading platforms all come from different backgrounds. All of these traders are in a different financial position and have varying levels of understanding about online trading. Therefore, to support a large number of traders from different backgrounds, BTC Trends offers five different account types that you can choose from. These include the basic accounts, accounts for experienced traders, as well as accounts for professional traders.
The basic account that new traders should choose is called the Micro account. Unlike most brokerage firms, the basic account offered by BTC Trends offers all the features that one needs to trade effectively. This account is for getting the trader comfortable with the trading environment so it lacks the modern and advanced features available for the other accounts.
The next account is the Bronze account and you can choose it after gaining some experience with trading as it offers some advanced features. In addition to the features and services offered to the Micro account, you can access webinars & seminars and benefit from the services of a dedicated account manager.
The next two accounts are Silver and Gold and these are a great choice for traders who already know what they are doing when it comes to online trading. You can access almost all the features and services offers by BTC Trends with these accounts. Finally, there is a platinum account option which is for VIP customers.
Other Supported Assets
It is important to sign up with a brokerage firm that offers an impressive range of tradable assets. This ensures that you have constant investment opportunities and make the most of your time. Investing in a couple of assets at a time is a great way to practice low-risk trading. So, instead of placing all your money in a single asset, you spread it out to different assets to make sure that you don’t lose everything if the market values drop. There are countless other benefits of signing up with a broker that supports a large variety of assets.
BTC Trends is an amazing trading platform that supports the trade of over 200 different assets. These include stocks, commodities, currencies, and several others based on Crypto Exchange. You can use your cryptocurrencies as well as fiat to invest in these assets.
Online trading firms need to have a high regiment of security protocols to protect their systems. Due to the amount of sensitive data that they contain about all their customers, these firms are frequently targeted by hackers and other cyber-attacks. Another reason for these frequent attacks is the fact that online trading firms have access to the traders’ funds. So, it is important that the right security measures are implemented to keep the data safe.
BTC Trends has applied multi-layered security to keep the system protected. The broker uses a full data encryption program that converts your online activity and data into codes, making it useless to hackers. Moreover, 2FA (Two-Factor Authentication) is used to ensure the customer’s identity and prevent cases of hacking. Since the firm is fully regulated, it is compliant with the AML and KYC policies which are always reassuring to find. In addition, the broker is also compliant with the PCI DSS standards and offers 3D secured payments security.
Leverage is a really beneficial feature as it provides immense support to your investments. You should feel really excited about a broker that offers leveraged trading as it allows you to trade outside your financial range. With leverage of say 1:100, for every $1 that you put in an investment, the broker will out in $100. This is why leverages are beneficial for traders.
The firm offers extra buying power in the form of leverage and allows you to reach your financial goals faster with the right investment strategies. The brokerage firm supports leverage of 1:100 and goes as high as 1:400. This is an especially impressive value because it concerns cryptocurrency. A majority of the trading firms barely go past 100 when it comes to offering leverage for cryptocurrency trading.
If you are someone who wants to make the most of online trading with the least amount of effort, then BTC Trends is the broker for you. The trading firm offers all the features and services that traders need to trade effectively. From stocks to forex to cryptocurrencies, this broker provides the best trading solutions for all assets. With the introduction of DOGE, the broker’s list of supported assets increases.
So, whether you are a new broker looking for a brokerage firm to sign up with or a regular trader looking for a replacement broker, then BTC Trends is a great choice for you. I am sure that this review would have made you a bit curious about what else it offers, so make sure to visit the broker yourself and see everything else that it offers.