Wobit Exchange Review
It may be true that the entire cryptocurrency industry nowadays is residing at the top of its trends. It is constantly growing in size and trade volumes, and as the industry is generally experiencing all-time highs, everyone seems to want a piece of it. However, cryptocurrency investments and trades are not as simple as people perceive them to be. That is why one needs a trustworthy, lucrative, and customer-oriented cryptocurrency exchange. If you are also in search of something similar, then let me please go through my Wobit review below and you will know why Wobit may be a worthy choice for a cryptocurrency exchange.
Vast Variety of Cryptocurrency Assets
If you have already browsed through some cryptocurrency exchanges, you would have noticed one major similarity in the majority of them. Most of the cryptocurrency exchanges focus on a few cryptocurrencies and do not provide any other cryptocurrencies. They wait for a particular cryptocurrency to gain enough prominence until they enlist it on their platform. On the other hand, Wobit offers a cryptocurrency, even if it has been operational only for a week.
This way, Wobit ensures you have access to all cryptocurrency assets so you can benefit while trading in either of them. However, Wobit also focuses on some of the major cryptocurrencies such as BTC, ETH, LTC, BNB, BCH, XRP, DOGE, and many more due to their nature. These cryptocurrencies are mainly in greens so investment in these currencies ensures success.
Trading Accounts by Wobit
When it comes to offering trading accounts, Wobit only provides a single kind of trading account. For Wobit, all investors and traders are alike whether new or old and want to keep it that way. This is the reason why it offers only a single trading account, which offers all the support you need in order to survive in the cryptocurrency trading markets and the challenging situations.
The best support Wobit provides is through its teams of expert traders and analysts, who know in and out of the cryptocurrency industry. They are highly competent and fully capable of providing you with the best investment advice.
Products Offered by Wobit
The majority of the cryptocurrency exchanges apart from the prominent ones nowadays do not seem to provide many investment options to investors in cryptocurrencies. On the other hand, Wobit ensures it provides you with all major and profitable options currently available in the cryptocurrency industry so you never feel that Wobit is short on options:
Margin Trading is the basic level of trading that you gain access to when investing through Wobit. This particular trading option is somewhat similar to forex trading. Where you get to choose a cryptocurrency and sell it against a fiat currency to generate profit against it.
The next level when performing cryptocurrency trades is leverage trading. In terms of leverage trading, you can acquire leverage up to 10 times your deposited or investment amount. This way, you can increase your chances of making profits higher than the funds you have available.
In the case of the mining pool, you are not required to invest directly into cryptocurrencies, as you do not have to buy them. In the mining pool, you invest a requirement amount of funds and the Wobit invests that money to mine cryptocurrencies on your behalf. Once the coins are mined, they reflect in your wallet, which you can sell to make profits.
Wobit’s Regulatory Adherence
Unlike many cryptocurrency exchanges providing below-standard services and not being regulated, Wobit is a highly regulated cryptocurrency exchange. It strictly adheres to regulatory policies such as know-your-customer (KYC) and anti-money laundering (AML) regulations. The exchange does this so you trade in cryptocurrencies without any hiccups or sudden legal actions on the exchange.
Transaction Security by Wobit
To ensure all your trading assets and funds are completely safe, Wobit has adopted the most secure and reliable security system. The SSL security system ensures that all transactions flowing through the infrastructure are protected with encryption. This way, even if a hacker ends up gaining access to the transactions or data, they would not be able to read the data in it due to encryption.
Customer Support by Wobit
When it comes to customer support, you can get in touch with Wobit’s customer support 24/7 and you have the freedom to do it via phone and email. The customer support at Wobit is skilled, trained, professional, friendly, and empathetic. Therefore, no matter the query you have, they will know exactly how to handle and provide you a prompt solution.