If you are looking for a cryptocurrency broker, it will not take you long to realize that they are a dime a dozen nowadays. As the crypto market seems to be growing at a rapid pace, there has been a massive influx of people in this space. This has prompted more and more brokerages to be established and you are definitely going to be overwhelmed with the choices. Nonetheless, it is vital to remember that quantity is not a guarantee of quality. You have to be sure of what to expect from the broker before signing up and this XPRTcoin review can shed some light on it.
One of the brokers that you will discover, XPRTcoin is relatively new, but has managed to develop a good reputation. A quick glance shows that it is a comprehensive solution, but you have to dig a bit deeper to know what you should really expect. Ready to do so? Let’s get started:
Exploring the cryptocurrencies
When you want to know what to expect from a brokerage, always start with their asset offerings. Since XPRTcoin is a crypto broker, you need to know what cryptocurrencies you can trade on their platform. The market began with the launch of Bitcoin more than a decade ago, but now it has expanded to include more than 5,000 cryptocurrencies.
The profitability and viability of these digital currencies varies and you have to ensure that you can access the ones that can help you achieve your goals. You will find that XPRTcoin has been very attentive in this regard because they offer you access to some of the most profitable ones the market has to offer. Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, Dash, Monero, Ethereum Classic and NEO are some of the cryptocurrencies you can explore.
Assessing the security
The cryptocurrency market may be very lucrative, but you have to remember that it is unregulated and this means there are security concerns that have to be addressed, not just the trading risks involved. You do not want to lose your investment to cybercriminals and you don’t want your personal data to be compromised either. This is not something you have to worry about at XPRTcoin because they have done a good job at providing good security to their clients.
As they are quite aware of the security concerns, they have opted to use SSL (Secure Socket Layer) encryption for protecting all the confidential data that traders share with them. Likewise, the funds that are deposited with XPRTcoin are kept in segregated bank accounts and crypto assets are deposited in cold wallets to ensure maximum security and reduce chances of misappropriation.
Along with these security measures, you will find that XPRTcoin also adheres to the KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policies. These are known to provide further security because they require traders to provide documents that prove their identity and their residence, which eliminates the possibility of fake accounts.
Going over the registration
One of the most intimidating aspects of signing up with any broker is the registration process, especially if you are a newbie. Most people don’t know what to expect and are a bit apprehensive of the steps they may be required to take. Fortunately, you will find that XPRTcoin has kept their registration quite straightforward because they want to make crypto trading convenient for their clients.
When you decide to open an account with them, you only have to fill out a short form on their website that does not take you more than a few minutes. It needs basic details like your first and last name, country, phone number and an email address and password. You have to agree with the Terms and Conditions outlined on the XPRTcoin website, confirm you are 18 and you are good to go.
Bottom Line
Add in a powerful trading platform and round the clock customer support and you can expect professional trading services at XPRTcoin.
