The first course of action that you need to take after deciding to become an online trader is to find a brokerage firm to sign up with. This is one of the first challenges that you face as a new online trader and it is important to make the right decision over here. Since there are plenty of choices on the internet, you may find it hard to make a decision. So, to help you get started, I will be talking about a trading firm that is highly recommended for new traders. In this BitOpps review, I will be talking about the best features of this online trading company.
So, let’s take a look at some of the best features of this trading firm.
Best Features of BitOpps
Online trading firms are often targeted by hackers since they hold confidential information about the customers and regarding money. That is why brokerage firms should not compromise on security systems and measures to protect those systems. BitOpps uses the encryption software SSL to protect the user’s data. Data is encrypted into symbols and numbers which are incomprehensible to hackers. In addition, advanced security software is used to protect the firewalls. The system is also kept updated on a regular basis.
My confidence in BitOpps is achieved due to the fact that it is a fully regulated firm. A third-party agency constantly monitors the activities of the firm. To prevent the firm to use your money for its gain, segregated accounts are used, where your funds are separate from the broker’s. And in case the broker is involved in illegal trades or goes bankrupt, the regulatory agency freezes all of its actions. Your money is transferred to your account since it was in a separate account.
By being fully compliant with KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, BitOpps makes sure that your account is not being used for illegal means. Your identity is confirmed before any trades or withdrawals can take place.
Assets For Trading
Being a crypto broker firm, BitOpps specializes in providing services relating to cryptocurrency trading. The firm offers a wide range of cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, etc. By having access to these financial markets of these assets you can have a diverse trade portfolio. The variety in assets makes it suitable for new traders.
Web traders are actually easier to use than downloadable trading platforms since they require no additional software for your device and do not require an update every other week. Web traders allow you to have the mobility to trade on any device from anywhere that you want. You are not bound to a single device where you have downloaded the software. A proprietary web trader developed with the latest technology and advanced tools is what BitOpps offers. Its services and features make sure that you make the most profitable decisions. The web trader has a user-friendly interface which makes it very easy for traders to use.
A pretty short and straightforward signup process is used by BitOpps for registration. By just providing your basic information and agreeing to the terms and conditions your account is ready and good to go.
A few users have second thoughts when other firms require them to complete a long and complex form at the beginning. The verification process of your account is conducted gradually so you don’t have to worry about filling column after column with different proofs of your identity.
BitOpps is a brokerage firm that provides features that focus on the user’s comfort. BitOpps is a beginner-friendly trading firm because the features that it offers are so easy to use. Moreover, this firm is also a good choice for traders with a lot of industry experience as it also offers modern trading features.