To say that the cryptocurrency market is booming would be an understatement. Currently, it appears to have taken the financial industry by a storm, despite other markets struggling due to the COVID-19 pandemic. Therefore, more and more people are moving into the space to rake in some profits. How do you do that? You need to find a broker that can assist you in making your entry in the crypto market. Wobit is one of the names that will end up on your list for platforms dedicated to crypto trading, but it is up to you to decide if it is good enough. Reading a Wobit review can give you an idea of the platform’s capabilities. Are you ready to explore and know if there is a Wobit scam or not? Let’s get started:
Wobit – The Digital Currency Offerings
Judging the capabilities of a platform means that you begin with their digital currency offerings. The crypto market began with Bitcoin in 2009, but that was a decade ago. Today, there are more than 5,000 cryptocurrencies that can be traded and their risks and profitability are drastically different. Initially, everyone was clamoring for Bitcoin, but now people want others as well. This is where Wobit can be a good option because they offer an extensive variety of digital currencies. You can trade crypto like Bitcoin and Ethereum and there are also choices like Bitcoin Cash, Litecoin, Monero, NEO, Ripple, Dash, Dogecoin and ZCash available.
Wobit – The Trading Platform
When you have nailed down what you can trade, it is now time to look at how Wobit lets you trade the digital currencies you choose. This means checking out their trading platform, which can vary from company to company. Here, an online platform has been integrated, which works via the browser, so there is no downloading whatsoever. Despite its simplicity, flexibility and ease of access, the platform has a solid user-interface and creates a feature-rich environment due to the trading tools it promises. These include live charts, price alerts, trade signals, various order types, market analysis and custom indicators.
Wobit – Registration and Accounts
It is also important to know how you can create an account and if there are any restrictions or requirements to be fulfilled. The process is rather simple at Wobit and relatively quick as well because it doesn’t take more than a couple of minutes. The information needed for filling the form to create an account is pretty basic and you just need to agree to the Terms & Conditions to complete the process.
As for account options, seven choices have been added to the mix, which are Trail, Basic, Trader, Pro Plus, VIP, Millionaire Club and VIP Ultra. Each of these accounts has been developed by Wobit to cater to a specific category of trader, such as novices, beginner, intermediate and skilled. The lowest minimum deposit for opening an account here is $300 and the features of each account vary.
Wobit – Security Infrastructure
Will you be able to trade on Wobit with complete peace of mind? You need to know the answer to this question, unless you are willing to let cybercriminals steal your funds or misuse your information. It is best to check what security and privacy policies are applicable and you will not be disappointed. The company is AML and KYC compliant, which are the Anti-Money Laundering and Know-Your-Customer policies. These verify the identity and address of each account holder to keep cybercriminals out.
SSL (Secure Socket Layer) certificates and encryption is also used by Wobitfor protecting all data and they have also chosen to maintain a strong Privacy Policy for their clients.
Wobit- Customer Support To ensure 100% customer satisfaction, Wobit has added 24/6 customer support through various channels. You can get in touch via email, use one of the multiple phone numbers, or fill out the online contact form for scheduling a callback when you want. Get the assistance you need right away and make the most of your crypto trading.