Cryptocurrency NewsExchangesReview Review – Is Wobit Exchange Scam or Legit? Review

Wobit logoWith the passage of time, the way you trade and the companies that provide you with these services are increasing. It might seem like a great situation in which the consumer is going to benefit at the end. In this particular, you as a trader are the consumer. So, you might think that you are going to benefit from this fierce competition, but that’s not the case. The problem is that when your options increase, you can’t really decide which one you should pick. Many new traders are completely stuck and thinking if they should sign up with a company or just quit the idea of trading at all.

If you are going through the same feelings, I am here to help you pick an option that I think will be a great choice for you. I am not trying to sell the services of this company to you, I am only telling you what I have experienced so far since I have been signed up with it. So, I am referring to WOBIT, the amazing cryptocurrency trading platform that you rarely find these days. There are many but the ones that are equally good or better, are very scarce. Why do I think that the new crypto traders should be looking in the direction of this broker?

Well, there are many different reasons for that and I will try to keep things as objective as possible. I think what I am going to talk about today matters to every trader no matter their background, ethnicity, experience of trading or whatnot. So, let’s go ahead and dive into this review so you can find out why you and other traders should consider signing up with WOBIT.

Broker       WOBIT
Trading Type Cryptocurrency Trading
In-house Platform Yes
Leverage X10
Funding with Crypto Yes
Mining Allowed Yes (Through WOBIT Mining Pool)
Cryptocurrencies Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, etc.
Account Manager Yes
Customer Support 24/7/365 (Phone, Email, Online Form)

Wobit Exchange

Safety Matters to Everyone

Does it really matter how long you have been in trading or how new you are to everything when it comes to security? I have met a lot of new trader over the course of many years. I have noticed that we all start from the same place. When we start trading, we pay attention to making a lot of money. Any talk of anything else does not make sense to us. That’s something I don’t like. I think we should pay attention to the most important details that might not even be directly related to trading. When you are on any website on the internet, you have to worry about your security.

Things can go wrong in more ways than you can imagine in the modern digital world. You can lose your identity or your banking information. In both cases, you are going to suffer big time. So, you have to make sure that you don’t sign up with companies that don’t really pay attention to providing you with proper security. By security, I mean that your information should be safe. At the same time, the money that you deposit in your account should be safe as well. Are these things safe when you sign up with WOBIT? Does the company have proper measures that can ensure the security of your information and money?

I have to say yes when you talk about this particular trading services provider. I can’t tell you for sure about other companies. I have been with some other brokers as well, and I have to tell you that I have been guilty of signing up with some that did not have any security measures in place. However, I found peace of mind when I signed up with WOBIT. The company has proper measures in place to ensure that your money and information are in safe hands. When it comes to the money you deposit in your account, the company puts that money in segregated accounts maintained at the most reliable banks in the industry.

At the same time, the information that you enter on the website does not go anywhere without encryption. As soon as you enter the information, it gets encrypted, or in other words, it gets converted into a code that no one can decipher. Through these methods, the company is making sure that all the new and experienced traders are getting the treatment that they should get as traders with online companies.

No Money Laundering or Identity Theft Here

When you refer to WOBIT, you are talking about one of the most professional trading platforms on the internet. I can say that because I have seen the KYC and AML information on the website. If you don’t look into these pieces of information before you sign up with online platforms, I highly recommend that you start doing this today. This is something that can stop you from stepping into quicksand. So, what happens is that there are people in the world who want to hide their money. They want to do that because the money they have has not be earned through legal means.

For as long as they keep this money in their country, they have a high chance of getting caught. So, what they do is they look for online platforms where they can store their money. They keep the money stashed and bring it out once they see the right conditions. Now, these online platforms that they use for stashing this illegal money belong to online trading services providers. I am not saying that all online trading service providers are like this. However, what I am trying to say is that there are some and you have to stay away from them.

These brokers don’t really care about you or their platform either. What matters to them is that someone should be using their platform and it should become famous on the internet. In an attempt to do that, they give room to people who are not there for trading at all. These people are hiding their money only from their governments. At the same time, they give way to people who have stolen other people’s identities. They do this by making it easy for them to sign up i.e. loosening up the security features. I don’t want you to sign up with a company like that and that’s why I am telling you about WOBIT.

This trading services provider is the best out there when it comes to protecting the trading platform from all the illegal entities. When you sign up, you will have to provide your personal details in such a way that you will be recognized as a unique individual. In addition to that, you will have provide proper banking details with your name on every document to ensure that you are using your personal information. Only after you have provided these pieces of detail on the website are you able to sign up with the company.

Trade Assets You Prefer

Most of the people who are stepping into the cryptocurrency trading world are all about modern trading platforms and features. These are people who belong in the present and future, and that’s why online platform have to adapt to their requirements. If you are someone who is running a platform for providing trading services, you will have to learn to listen to your customers. If you don’t do that, you will not be successful as a business at all. So, if you look at the online condition of cryptocurrency trading platforms, you will notice that many of them have completely ignored the requirements of their customers.

They have created trading platforms that provide cryptocurrency trading services only to lure some new traders into the trading world. When you look at the options that are available to you, you realize that you are getting nothing. For example, they might offer you Bitcoin trading. Yes, there is nothing wrong with trading Bitcoin, but what I am trying to bring your attention to is the fact that being able to trade only Bitcoin is not a great idea. When you have thousands of other digital currencies available for trading, why should you limit yourself to only one?

Some people argue that Bitcoin is the best digital coin out there and that’s why they trade it only. Yes, there is no doubt about the value of Bitcoin being the highest in the cryptocurrency market, but that does not mean you should only trade that. You have other stable currencies in the cryptocurrency world that can make you a lot of money if you understand their dynamics, and stay in touch with what’s on the news. You have Ripple that has proved that transferring money from one part of the world to another is no big deal at all. You also have Litecoin that takes on all the challenges that conventional currencies like Ethereum and Bitcoin face in terms of power consumption.

You can also trade Bitcoin Cash or other digital currencies that interest you the most. When you are able to trade all these digital currencies is when you realize that you are with the right partner.

Trade on a Modern System

The trading platform you are getting from WOBIT is something that you are going to admire in a variety of ways. Firstly, let me tell you that after using a couple of online platforms only for cryptocurrency trading, I finally have to say that this was the easiest one. They all look very complex and complicated. When you look for a particular option, you can’t seem to find it for ages on those platforms. On the other hand, I can tell you that WOBIT is completely different. You can learn trading on this one within a few seconds.

Everything has been placed intuitively so you just know what you are doing and what you will have to do next. In addition to that, you get all the modern charts and graphs in your reach. The best thing is that you can customize a lot of things to make everything exactly according to your needs. This trading platform should not limit you to your bedroom or home only. There are still many that won’t run on any mobile devices or only on a very few select ones. On the other hand, you have this platform that can run on just about all the mobile devices out there.

You don’t even have to look twice at the operating system that you have on your phone. Whether you love the simplicity of iOS or like the openness of Android, you can stick with your favorite operating system and run the software on either. You can also use this platform on your tablet or desktop computer. You will be pleased to know that WOBIT has a team of developers that has specifically developed this masterpiece for their traders. There is no third-party software being used here, like most other brokers on the internet use.

Deposit with Ease and Start Trading

There is nothing complex about signing up with WOBIT and starting your trading account. There was a time in the past when you did not have access to the market unless you were very rich. People outside of these trading markets wondered what happened inside. Today, you can be a part of any market that you like from the comfort of your home. However, there are some companies that have not fully understood the idea of modern trading. They have not made anything easy for their traders and I pity the traders who sign up with such online brokers. Yes, there are more of them than you can realize.

So, when it comes to starting your trading account with WOBIT, I have to tell you that there is no process easier than this. You just pick the account of your choice, deposit the initial funds, and start trading your favorite assets in your favorite financial market. What I like about WOBIT is that it allows you to deposit money with your favorite method. If you have signed up with other online brokers, I am sure you have seen what options they provide you with. The most common options they give you are the credit card and bank wire transfer.

If you want to transfer money fast, you go with the credit card option. If you like security more than speed, you go with bank wire transfer. But what if you want to transfer the money directly from your digital currency wallet into your online trading account? Is that possible? If you were with any other trading services provider than WOBIT, I am sure you would not have been able to do that. However, things are easier than ever when you sign up with this firm and trade with it. If you have some digital currency and you want to use it for trading more digital currency, you can do that by transferring it from your wallet directly to your online trading account.

No, you will not have to convert the money into a fiat currency if you want to transfer the money in your online trading account with WOBIT. The problem with converting the money first is that you lose a lot of it when you are converting it. Also, when you take out your profits and convert them back into your favorite digital currency, you spend some more money.

An Account Manager for Your Help

I can’t appreciate this feature of this company enough. I have seen online brokers talking about their services and how easy they make trading for their traders. The problem with their approach is that they talk more than they take actions. How can I say that? Well, when you sign up with them and try to learn something, you get some information that you could have gotten from any other source on the internet. Even if they provide you with some great trading information, you can’t really put it to use just like that. If someone told you how to drive a car, would you just sit in the car and start driving it without any issues?

So, what I don’t like about the training material from many online companies is that all you get is this training material. Once you have completed it, you are supposed to start trading just like any other trader in the world. I think those are false expectations from any trader. You are going to make mistakes when you sign up with the company and start trading for the first time. However, the best way for the company to solve this problem is to provide you with an account manager. I have seen some firms provide their traders with this feature.

Yes, I have seen some but not all of them will provide you with this. The good news is that you are going to get an account manager when you sign up with WOBIT. That’s yet another reason I think new traders should sign up with this company. I think you really need the help of someone expert when you are trading for the first time. This person can stop you from making huge mistakes and losing all your money. Remember that there are some people are trading with a very small budget. They can’t afford to lose money in the start.

If you want to avoid the same situation, I think you should consider signing up with WOBIT. The company has given you professional account managers that will help you with your trades. They will keep you engaged in the activity with an elevated level of success.

Big Leverages for Big Profits

Before I go into the details of this point, I have to tell you something. Leverages are not supposed to be something that will always benefit you. They are one of the many trading tools. They help you trade big and enter trades that you can’t afford within your budget. But when you have leverage, it means that you are getting some contribution from the company that you have signed up with. This contribution increases your trading amount and as a result, you can make boosted profits as well. But you know what? It can also cause your losses to amplify in the same manner.

So, in the end, you have to make sure that you learn how to use leverages to your advantages. Once you have done that, you can look to other things. For example, you can then look at the leverage size that you are getting from your broker. After signing up with WOBIT, you will have leverages of up to 1:10 on your trades. These are specifically for cryptocurrency trading. The leverage might seem small, but if you look at leverage from other companies on cryptocurrencies, you will realize that 1:10 is more than enough.

Customer Support for You

Do you know at what time you are going to face a problem? Can you really wait for a couple of days when there is something wrong with your account? What if you just deposited $1000 in your account and they are not appearing in the account at all even after two days? Won’t you want to talk to someone on from the company immediately? Well, you can do that when you are signed up with WOBIT. This company provides you with customer support through phone and email. The customer support department is available to help you 24/7, which is something you find rarely in the online trading world.

Final Thoughts

WOBIT is doing a lot for its new and experienced traders. When it comes specifically to cryptocurrency trading, I can tell you that the system created by this company is one of the best. You are getting huge leverages, a modern trading platform, proper security of money and information, and most importantly, lots of cryptocurrencies for trading. When I look at the features from WOBIT as a cryptocurrency trader, I can’t find too much to complain about. Now, it is your decision to decide in favor or against signing up with this amazing online broker.

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