Online cryptocurrency trading has taken the world by storm lately and it is quite understandable why! Online trading is very profitable and if you invest in the right crypto assets and coins, you can stand to make a fortune! However, in order to accomplish that, you have to make some vital decisions such as choosing the right online trading platform.
There are numerous crypto trading platforms out there but most of them scams that deceive people. Hence, you need to select your trading platform very carefully and ensure it has a credible reputation in the trading sphere. To that end, I would like to recommend Wobit which has garnered a lot of popularity as of late and is easily one of the best crypto trading platforms you will come across.
In case you are curious, why Wobit is considered one of the best by online traders worldwide, this article is the perfect place for you to explore. Read on to learn in detail about the top features and services of Wobit and why it has become a highly efficient and reliable trading platform over the years.
|Trading Platform||Web Trader|
|Banking Options||Credit/Debit card, Bank Draft, Paypal, Bitcoin and Wire Transfer|
|Account Types||7 different types of accounts|
|Security Features||Firewall and SSL encryption|
Options Available for Payments
A common activity that all online traders engage in making frequent withdrawals and deposits via the online trading platform. That is why it is always convenient for them when there is more than a single payment method available so they can pick the one that is most suitable for them. When you trade on Wobit, you can opt between credit and debit cards, bank transfers, Paypal, and Bitcoin among other 3rd party payment tools such as Skrill. Before trade in cryptos, you will need to fund your trading account and you can use any of these tools to do so at your convenience.
I would also like to highlight that selecting your preferred payment method is very simple and straightforward. You simply have to click a few buttons on your screen, type in the amount you want to deposit or withdraw and that is it! After you press enter, the transaction will be complete at your end. Keep in mind that bank transfers can take up to 5 business days so you need to plan accordingly. The best part is that you do not need to bother yourself by filling out any online payment forms which is a very time-consuming activity that no one really has the time for. If you are a trader who wants to finish the transactions quickly and efficiently, then Wobit is ideal for you.
Also whether you choose a credit card, debit card, bank transfer, or any of the other payment channels, you will get a message in your email outlining the details of all your transactions. That means you can stay on top of all your finances by tracking these notifications.
Safety and Security Elements
Any online trader will tell you that there is nothing more important than the security features of the online trading platform that you are keen to engage in. When choosing a reliable trading firm, it is of paramount importance that you carefully study their security network and make sure it is well up to par. The truth is that there are numerous such online trading firms out there that have very weak security and that pose a big risk to the traders. The last thing you really want is to sign up on a platform where this is a strong chance that your personal information might be hacked by a cybercriminal or hacker!
You should know that Wobit takes it very seriously and they have very stringent security protocols and measures in place for the safety of all their registered traders. For instance, they have installed the most advanced firewall system to prevent any hacker from breaking in and accessing your personal information. With this firewall in place, you can rest assured that no unauthorized person will gain access to your database. Also, Wobit makes use of encryption technology to encrypt user data and ensure no one can extract any meaning from your sensitive information.
These security elements combined mean you can trade easily on Wobit with peace of mind that there will not be any risk to your personal information. They provide a completely secure and safe bubble that cannot be penetrated by anyone at all.
Instruments of Trade
Wobit is popular for being one of the most popular online crypto trading platforms in the world these days and that is primarily owing to the fact that they offer a vast array of cryptos within their database. Whether you want to invest and trade in Litecoin, Bitcoin, Bitcoin Binance, Ethereum, Tether or any other crypto, you will find all of these options readily available on the Wobit platform. The best part is that since they are available in the same place, you do not have to explore any other crypto platforms.
Whether you are a professional crypto trader or a newcomer, you have the freedom to choose any cryptocurrency you want to trade-in as long as you have the investment available. If you are not sure which crypto is right for you to invest in, you can consult with your broker who will be happy to guide you based on your trading goals and the investment you have at hand. If you sign up for a top-tier trading account, you can enjoy the benefit of premium consultations with trading experts who can guide you very thoroughly based on your situation. You can also study each cryptocurrency the platform supports. This will help you select the most suitable trading assets to invest in. Bear in mind that no matter which instrument of trade you finally select, you will receive full support from the Wobit trading platform at all times.
There is no denying the fact that every professional online trader expects the best possible customer support at all times. It is vital that you sign up on a platform where you can receive such support at each stage of your trading journey. If client support services of a trading firm are lacking in any way, it can seriously impact your trading experience and hinder you from achieving your trading goals. That is why you should only register on a customer-centric platform such as Wobit.
You might not know this but Wobit has a remarkable reputation for providing the best customer support service in the online trading sphere. Their representatives work round the clock six days a week and you may approach them for anything you want at any time you want. Even if you reach out to them at 4 am in the morning, you can receive prompt assistance from one of their people! Whether you require technical assistance or need help with something else or even if you have a question about one of their cryptocurrencies, you can rest easy that their team will do everything possible to entertain your query or issue that you have.
To get in touch with their team, you can fill out the form on their website with your details or send them an email. An alternate approach is to call them to receive quicker help as you can connect with one of their team members right away. Finally, another important thing you should know is that the Wobit customer support team comprises trading experts and financial advisors who have thorough knowledge about online trading. What that means is that you can trust their guidance and be sure of the fact that any information they provide you will be 100 percent authentic and genuine.
Availability of Learning Materials
One of the most appealing aspects of the Wobit online trading platform is that they feature ample learning resources available that you can make use of fully to enhance your crypto trading knowledge. Among these resources, you will come across detailed information about all of the cryptocurrencies that the Wobit platform supports. This information includes the pros, cons and features of all the cryptos such as Bitcoin, Litecoin, Bitcoin Binance, Ethereum, and so forth. I would suggest you go through all of this information to better acquaint yourself with all the cryptos available so you know which are the best ones for you to invest and trade-in.
Apart from crypto information, there are also a number of various trading graphs, patterns, and charts of various trading assets you can use for your analysis that you can decide whether a certain asset is suitable to invest in or not. In addition, there is a trading glossary available as well that you can use to look up any particular term. This feature is very useful to beginners who do not know much about online trading. If you are a newcomer in the online trading world, you can leverage this glossary to boost your knowledge.
Finally, you will find several tricks and tips as well that if you follow can help you succeed as an online trader. All of these strategies have been complied with by trading experts so you can rest assured that all information and guidance provided is fully accurate. All you have to do is implement and you will start seeing the positive results in a short span of time!
Wobit Algo Trading Feature
It is possible that you may not be familiar with this particular term if you are a newcomer to the domain of online trading. Let me provide you some insight- algo trading is a very cool feature that can help you a lot to streamline your online trading journey. How it works is that you provide a computerized program with a set of trading instructions. This program uses these instructions to carry out an analysis of various trading patterns of crypto assets and then place trades on your behalf based on these graphs. Since the program is making the trades, you can save this time and dedicate it to other things.
Algo trader not only helps to save time but you can make quick trades by leveraging this feature. If you were to place trades manually, you can only work at a certain pace. However, when you leverage the Wobit algo trading feature, you will be able to execute trades at a very astonishing pace as the algorithm functions very swiftly. The advantage of this is that you can make maximum trades in a short period of time and that will help you to grow your profits quickly.
Also, every trade you make with the help of the Wobit algo trading feature will be highly accurate as it is based on live and reliable data. Hence you can rest assured the computer program will not make any mistakes when analyzing data and making trades based on that. You can also learn more about how to use algo trading feature efficiently from the Wobit platform. There are several relevant learning materials you may use for this purpose.
A common trend is that most online traders do not just one device to trade online. What they usually do is switch between devices at different times in the day as per their convenience. For example, you might prefer to trade from your Android phone in the morning while you are traveling and prefer to trade on your desktop while you are in the office or at work. That is why it is imperative you select an online trading platform that is fully accessible and compatible with all contemporary devices people use these days.
One of the best things about the Wobit platform is that you can access it from any common device millennials use these days. These include laptops, smartphones, desktops, and tablets. You have the freedom to select any device available to log in to your Wobit online trading account and trade from there. The developers of the Wobit trading software have designed it in a manner that the user interface is convenient and easy to use no matter which device you pick. What that means is that you may rest assured your trading experience will be great on any type of device. Even if you have not used a trading platform before, navigating the Wobit will not be any issue at all. As stated above the interface is user-friendly and can be used by anyone who does not have any prior experience.
In addition, you can download the Wobit trading software directly into your Android or Mac device which makes it very simple and convenient to log in to your account and begin trading online. If by any chance you do have an issue with device compatibility, know that their customer support team will promptly fix your issue for you. Just place them a call and they will take care of the rest right away!
7 Types of Trading Accounts
It is true that most trading firms around the world just provide 1-2 types of trading accounts to all their traders. This can be a huge obstacle as often these accounts have high deposit requirements that not every trader is able to meet. Whether you are a new trader with a small investment or a pro trader, there is only one trading account option available for you.
It should be noted though that this not the case with the Wobit trading platform. They provide 7 different types of trading accounts which have different feature and offered services. Any trader can select any of these trading accounts as long as they have the required investment at hand. At the lower end, Wobit offers the Trail account that you can sign up if you have a small budget. You only need 300 dollars to sign up for this account which is not a lot of money. You will also be provided all the basic online trading tools enabling you to trade cryptos with efficiency.
On the other hand, if you have bigger trading goals, you can go for any other trading account like Ultra Max or VIP. Just keep in mind that these accounts have higher deposit thresholds so you need to have deeper pockets in order to sign up. If funds are not an issue for you, these accounts are perfect for you to expand your portfolio quickly in a short span of time. You can also divide your investment into different crypto assets to minimize your risk. Furthermore, when you sign up for a top-tier trading account, you will get exclusive benefits like personal sessions with trading account managers from who you can seek guidance at any time you want. These are highly experienced people who can you bank on!
A pivotal thing you need to know about online trading platforms and brokers is that they charge a considerable fee in terms of commissions and spreads. Lest you are not aware of what this means, you have to compensate your broker for each trade you make on the platform or for every earning you generate. Since you pay a fee to your broker, it will make a dent in your own profit margins which will slightly decrease. Therefore, it goes without saying that every online trader wants to sign up on a platform where the spreads and commissions are as low as possible as that would allow them to pocket most of their trading earnings.
I would like to tell you that can enjoy fair spreads and almost negligible commissions when you sign up on Wobit. All brokers charge very low fees in this regard and that means you can pocket most of your own profits while paying a minimum amount to the broker. There is also no hidden or any surplus fee or charge that you might have to pay.
To that end, go through the terms and conditions where all the broker fees are listed to get a better idea upfront. In addition, you also do not have to pay any transaction fee for each time you make a deposit or withdrawal on the platform. This is a huge benefit as you can save a lot of money that you would otherwise have to pay to the online trading platform you have signed up on.
Easy Sign-Up Process
Most online trading firms have a very extensive and tedious signup process. They make folks jump through several hoops before they are able to successfully sign up on the platform. This results in a lot of time wasted which is quite annoying. One of the key plus points of choosing to trade online on Wobit is that the signup process is very quick and straightforward with no complications at all. You just have to fill in your personal details like name, age, place of residence, etc, and upload a few verification documents, and you are done! The system will verify your identity within a matter of minutes and you can proceed to choosing your type of trading account.
Fortunately, there are no long and complex forms you have to fill during sign-up. Just type in your details in the blanks provided and you are good to go. The signup interface is also very friendly and all options are clearly laid out making them easy to understand for all traders around the world.
After reading this extensive review, you would have most probably figured out that Wobit is an excellent place to begin your online trading journey. They have a huge collection of trading instruments, are very reliable, secure and have great customer support among other things. These are the defining features of this online trading platform which is why it is so famous worldwide. You can also learn more about Wobit by exploring their site or getting in touch with their customer support team.
I would strongly suggest you sign up with them right away, choose your trading account and start trading after you wire your funds. One thing is for sure- several years from now, you will be quite glad you chose Wobit to become a successful online trader.