What is CryptoBit-Trade?
CryptoBit-Trade keeps things simple so any individual who wishes to engage in cryptocurrencies can get started fast. The problem is that they are not a reliable company, with no regulation. Browsing the web you can find a lot of negative reviews about this company – Do not deal with these guys!
Opening an account with the broker is a simple process, requiring only basic personal information. Be aware, however, that US residents are not accepted, on top of people living in countries where online trading is prohibited by law. If you can apply for an account, though, you should know that we’ve found some good trading features you might be interested to learn more about, Let’s go ahead with our CryptoBit-Trade review.
Assets covered
The first thing you should always check when starting to work with a new broker is the asset coverage – whether it is wide or narrow. With CryptoBit-Trade you don’t have to worry, though. clients have access to currency pairs, stocks, indices, commodities, precious metals, bonds, ETFs and a generous list of cryptocurrencies.
Don’t be misled by the name of the brand. As the list above shows we’re dealing with a multi-asset provider, not a crypto-only broker. This is an edge for traders who are looking for diversification. Moreover, as markets are constantly changing, you’ll surely find yourself needing to adjust the assets you trade daily. Leverage can go as high as 1:400, but this factor is heavily influenced by the asset class and the account type you choose.
Web platform
CryptoBit-Trade chose to rely on web-based trading software and that brings some noteworthy advantages to the table. First, such platforms don’t need any installation or advanced hardware, meaning you are able to trade at home or on the go, by simply typing in your credentials.
Advanced charts, risk management, multiple order types and other customization features are all part of this WebTrader. Last, but not least, it is very user friendly.
Main account features
There are 5 accounts that you can choose from with CryptoBit-Trade (Basic, Silver, Gold, Platinum and Diamond), so the trading conditions you are entitled to naturally depend on your pick. The broker stands out when it comes to the customer support it grants (24/7), the trading signals, the flexible leverage and – most importantly – the deposit bonus.
Beginner traders will probably be happy to learn about the financial advisors that they get to work with, since these advisors can provide guidance when learning the basics of trading online. You also have access to market news and other resources that are helpful when trying to understand market sentiment in real time.
Funding a live trading account with CryptoBit-Trade is done with secured payment channels. Credit/debit card payments, bank wires, Skrill, Neteller and other e-wallets might be available to you, depending on your country of residence.
Bottom line
CryptoBit-Trade keeps things simple so any individual who wishes to engage in cryptocurrencies can get started fast. The problem is that they are not a reliable company, with no regulation. Browsing the web you can find a lot of negative reviews about this company – Do not deal with these guys!
CryptoBit-Trade overview
Product Name: CryptoBit-Trade
Product Description: CryptoBit-Trade keeps things simple so any individual who wishes to engage in cryptocurrencies can get started fast. The problem is that they are not a reliable company, with no regulation. Browsing the web you can find a lot of negative reviews about this company – Do not deal with these guys!
Brand: CryptoBit-Trade
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Trading Platform
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Customer Satisfaction
Summary
CryptoBit-Trade keeps things simple so any individual who wishes to engage in cryptocurrencies can get started fast. The problem is that they are not a reliable company, with no regulation. Browsing the web you can find a lot of negative reviews about this company – Do not deal with these guys!
