Just because an online brokerage is popular is no reason to choose it for your own trading needs. You should bear in mind that your expectations and requirements are not going to be the same as others, which means your priority should to find a platform that can fit them. Every company will naturally tout their services, but you have to do your own evaluation and assessment to come to the right conclusion. When you find a broker that is the right fit, you can have the best trading experience. Can Cryptopoint72 be that broker? You need to go through this Cryptopoint72 review to find the answer.
Can it offer you the right cryptocurrencies?
How can a brokerage be the right fit if it does not offer the cryptocurrencies you want to trade? Yes, Bitcoin is the most popular and well-known cryptocurrency in the market, but it is no longer the only option. There are thousands of them that have been introduced and some of them have proven to be quite profitable, which has drawn a lot of interest. Therefore, people want access to variety and this is exactly what Cryptopoint72 delivers.
You will discover that they have added some of the best cryptocurrencies in the market, which can give you the kind of returns you want. You will be able to choose from Bitcoin, Ethereum, Ripple, Litecoin, Dash and Monero, amongst others. Another good thing about Cryptopoint72 is that it also gives you access to instruments from other markets on the same platform, so you are able to diversify easily.
Can you open an account easily?
There are brokerages that have complex registration procedures, which take a lot of time and come with extensive requirements that can be quite frustrating. You can avoid this whole fiasco with Cryptopoint72 because they have kept their registration process simple and easy. You can sign up on their platform by going to their website and clicking on the ‘Register’ option. This gives you an online form that takes only a couple of minutes to fill.
You will notice that the form does not go beyond the basics like your first and last name, email address, password, phone number and country. You have to accept the Terms and Conditions that you can find on the Cryptopoint72 website and confirm that you are not a US citizen and are at least 18 years old. Your account is opened immediately and you can choose from the available options.
Can you trade safely?
Safety and security is also a big worry of many traders and Cryptopoint72 has taken steps to address it. You do not want to be left vulnerable to online security risks and their measures ensure that this is not something you will experience on their platform. First off, all your data and information is protected through encryption and the use of SSL (Secure Socket Layer) certificates.
Your money is also kept in segregated accounts, so they are only used for trading and not for any of the broker’s own obligations. You will come to know that Cryptopoint72 is also compliant with Anti-money laundering (AML) and Know-Your-Customer (KYC) policies. As per these policies, traders have to provide proof of identity and proof of residence documents. This can reduce the possibility of financial fraud, money laundering, terrorist financing and identity theft. No fake accounts can be created.
Can you get any support?
You may get stuck with a problem during trading and this is when you realize the importance of support. Therefore, it is a big relief to find out that customer support is available 24/5 at Cryptopoint72 and you can use whatever channel you are comfortable with. They provide you with both email and phone and there is also an online contact form that can be used.
Taking its offerings into account, you can conclude that Cryptopoint72 can be the right fit for every trader.