BitGalactica Review — Is BitGalactica Scam Or A Recommended Trading Platform?

BitGalactica Review

Having a broad choice of financial instruments and investment opportunities is exactly what the vast majority of brokers seek. BitGalactica has a rich catalog of financial products that will most certainly impress even experienced professionals who have seen it all. The broker has managed to stay relevant and retain thousands of loyal customers even during the global recession which is a strong indicator that it can be considered a trustworthy organization.

Pros and cons of BitGalactica

Without a strong array of advantages that can be easily recognized and appreciated by users, any broker would lose its business. BitGalactica is among industry-leading enterprises that focus on delivering an all-around polished service to a large audience of international clients. Here are some benefits enjoyed by traders who choose to work with BitGalactica:

• Many opportunities to diversify your portfolio. You can enter long-term leveraged market positions, choose from a wide range of trust-management options, use automation, and many other interesting products. With BitGalactica, you can build a diversified portfolio that will perform well even during recession periods.
• Strong focus on technology. The web platform has a multifunctional trading terminal and a robust infrastructure capable of hosting numerous high-tech solutions to facilitate advanced investment products like automated trading and reliable portfolio management.
• Solid safety measures. Your personal information is never in danger of being leaked or accessed by unauthorized entities. The website uses encryption to ensure that all communications are secure and cannot be spied on. You can further bolster the security of your account by using two-factor authentication and fingerprint scanning in the mobile app.

While such an impressive list of advantages is enough to appeal to many users, we have to admit that the platform also has notable downsides that we should mention:

• The broker has an intricate internal policy regarding handling financial transactions. Withdrawals may take up to 5 business days. Unverified accounts must undergo a meticulous identification process and banking information must match user credentials before any transaction takes place. Delays are caused by the multilayered transaction confirmation process involving the broker, its bank, and your bank. Withdrawing earnings can be quite slow.
• The customer support team is competent and usually solves your issues quickly. The problem is that you can only reach out to specialists using live chat. Other options exist, but you may need to wait for a response for a while.

BitGalactica compatible trading terminals

When working with this broker, you will have several terminals to choose from. Depending on which instruments you need, you may be interested in one of the following:

• Native terminal offered by BitGalactica is a solid platform with standard analytical tools and features that are unique to this broker (i.e. one-click order placement). However, the arsenal of instruments can be limiting if you prefer using elaborate strategies.
• Web trading platform is an advanced terminal used by over 85% of all crypto traders. The platform can be significantly expanded with plugins and add-ons that give you serious analytical capabilities. Many complex, custom-made strategies are widely tested by the community.
• Web trading platform can be a much better choice for people who do not want to use overly complicated analytical tools and want to keep things simple while using a more powerful terminal than what is offered by BitGalactica. MT5 can be installed on your mobile phone.

Banking options at BitGalactica

The selection of payment methods is diverse enough to allow all users to choose the most convenient method.

• Visa and MasterCard payments are processed instantly. Use them to top up your balance.
• Bank transfers are used for withdrawals and to move large sums of money at once.
• Payment systems and cryptocurrencies may be beneficial in some cases. Note that these options may be unavailable to you. Talk to support specialists to learn which payment methods you can use.

The verdict

Hundreds of positive reviews and many industry experts will recommend this broker as one of the most reliable brands out there. It is a brand with a rich history of success in the crypto trading ecosystem!