Although the cryptocurrency industry has been around for more than a decade, it was not until the end of 2019, when it started picking up the pace. Since the beginning of the year 2020, the cryptocurrency industry has never looked back and is constantly on the rise.
As of now, there are more than 200 million users in the cryptocurrency trading industry. In order to cater to the needs of so many users, many crypto-trading exchanges have been brought into being. Despite all the efforts, the majority of the cryptocurrency trading exchanges are failing to provide standard crypto-trading services to investors.
Let Wobit Take the Stage
However, Wobit is a crypto-trading brokerage that is determined to provide investors the kinds of services and benefits they want in the crypto-trading industry. The team of expert crypto-traders and analysts at Wobit aims to change the perception that people have developed around crypto-brokerages over time.
The teams at Wobit strive to educate the traders/investors in the crypto-trading markets and enhance/polish their trading skills. The aim is to empower the investors so they can make their own business decisions. I will now add more details to the Wobit Review so you get to know more about the brokerage.
Crypto-Trading Account with Wobit
While the majority of the cryptocurrency trading brokers offer wide range of trading accounts with the aim to get more investments, Wobit does things traditionally and with simplicity. Wobit offers only one type of trading account to the investors. The trading account also offers investors the option of performing demo-trades before they set foot into the real-time crypto-trading markets.
In the demo account, the investors can first gain experience and knowledge, and can also get acquainted with cases/scenarios they may face in the crypto-trading markets. Once they are done practicing through the demo account, they can then move with the real-time trading account and continue trading with Wobit.
Services Offered by Wobit
There is no end to the number of services, benefits, and support that the Wobit platform offers. Even when you and other investors are trading in the crypto-trading markets, they keep providing you with real-time support, support from account managers as well as analysts. Furthermore, the investors have access to services that include daily market review, price alerts, trading charts/graphs, single click executions, Algo-trading, and many more.
In addition to the above, some of the most prominent benefits that the investors gain from Wobit include:
At Wobit, the investors not only get the opportunity to fund their account through traditional payment methods such as bank wire and credit/debit cards, but they also have the freedom to transfer any digital assets to Wobit account as a deposit. No matter the cryptocurrency, the investors can simply transfer them to Wobit account and money reflected instantly into their accounts.
At Wobit, apart from investing with actual money that the investors transfer, the investors also have the option of using up to 10 times the leverage against the deposited amount to increase chances of making more profits against high amount trades.
While the majority of the crypto-trading brokerages resort to providing investors with just the basic crypto-trading functionality, Wobit has taken things to a whole new level. Wobit lets the investors invest their money in a mining pool, which means that the money invested by the investors is used by Wobit to mine Bitcoin (BTC) through mining machines on their behalf.
As a result, the investors get to mine actual BTC without having to go through all the hassle of setting up mining-rigs or equipment and pay huge electricity bills.
Adherence to KYC and AML
Being an online crypto-trading platform, it is expected Wobit to be fully adherent to KYC and AML regulations and Wobit does just that by being fully compliant with them. In order for the investors to start trading with Wobit, they are required to provide their personal identification information (PII) under the KYC guidelines.
As for AML, the investors have all their transactions monitored through the concerned teams at Wobit to identify any illicit or high-risk transactions. If Wobit considers a particular transaction to have originated from money-laundering or terrorist funding activities, then it is reported to the regulatory authority right away.
Wobit Support is Available 24/7
Apart from providing support through the account managers and analysts, Wobit has also put together a team of customer support representatives that are available 24/7 to offer their services. They are highly professional, empathetic, and knowledgeable representatives who are dedicated to providing investors with the most effective solutions and efficient services.