Category: Cryptocurrency exchange

To become a user of the service you need to open an account (account). We reserve the right to delete or deactivate your account, block your email or IP address, or take other measures to prevent you from using the Service. Provided you have informed the company, you can complete the usage of the service on your own accord.

1. They were set specifically for catering to beginners, intermediate, professional, advanced, and expert traders.
2. Copy trading is a trading functionality which allows you to copy the account of other traders.
3. This is also a great security measure against online hackers who transfer client’s funds into their bank accounts and withdraw the money.
4. The broker doesn’t hide the fact that it’s trying to goad you into depositing more.
5. However, LexaTrade forex broker’s official site claims that the brand is owned and operated by Swissone Group Ltd.

LexaTrade platform contains more than 170 trading assets and tools to provide quality trading experience. On top of these account types, a Demo Account is a good way for novice traders to test the trading environment and platforms of LexaTrade. LexaTrade ReviewProper regulations usually ensure that forex brokers are sufficiently capitalized in the event of insolvency or trading losses. It also guarantees the broker’s commitment to maintaining satisfactory dealing practices and keeping your money in secure and segregated accounts. You, as a member of the service, have the opportunity to conduct transactions with stocks, financial instruments, and other assets. You agree that all actions on the service are performed only on your behalf and our Company is your representative when performing any financial transactions.

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Lexatrade has potential, but it also has a lot of things bogging it down and making numerous questionable decisions. The asset access is limited, your withdrawal requests are low priority, and the spreads are extremely high. We’re nearly certain the broker made the accounts just to seem more open. The broker doesn’t hide the fact that it’s trying to goad you into depositing more. Even the withdrawal speeds increase as you go up to the higher accounts.

If you do not agree with the system phone-in actions, please inform the support service, or you may simply stop using this service. The company offers types of spreads such (i.e. fixed and floating) depending on the type of accounts. That, along with the multiple phone lines, makes the broker easy to reach.

MT4 Terminal is compatible with any desktop computer and operating system. It has listing charts for changing time ranges and combines many commercial operations. Aside from hefty welcome bonuses ranging from 30% to 120% of initial deposit, LexaTrade also gives a referral bonus.

These clients are proof enough that LexaTrade is far from what others think about the broker and its services. However, these shortcomings are way different from allegations of fraudulent acts and schemes. LexaTrade offers trading instruments in stocks, shares, commodities, and foreign exchange markets. Currently, the broker has over 200 trading instruments offered to its traders. It can be concluded that LexaTrade official site is a legitimate business entity and is a regulated broker. Yet, questions remain whether this regulatory affiliation is strong enough to set aside fears of losing trading funds of clients in the event of insolvency.

Deposit and Withdrawal

However, the broker has a low user rating, with mixed reviews as some complain about the platform while others appraise it. So, to help you out in deciding whether it’s a worthy broker, let’s take an in-depth look at the platform with our detailed LexaTrade review. Knowing which markets and assets you can trade is an integral part of choosing a broker. Some brokerage firms offer more assets than others, and that’s what makes them the preferred choice by traders. On the other hand, trading tools and research materials are all important helpers in assessing positions and executing trades. The information that these tools give are enough to forecast the probable results of each deal.

How Real is Negative Feedback on LexaTrade?

It doesn’t do anything to stand out, and the vast majority of traders can easily find an option that’s both more comfortable and more powerful. However, better options are present online, and it’s easy for most traders to switch. The broker’s offer does actually seem decent enough, but the presentation isn’t up to par. We’ll see if the broker’s functional prowess ends up improving what we think.

If you’ve been following our Lexatrade review, you’ve likely noticed that the broker takes a step forward and a step back. The case with its funding is much of the same, as there are some things that look good. For starters, there’s the fact that the cheapest account doesn’t require a huge deposit. The default https://cryptolisting.org/ proprietary platform is good enough, with an intuitive interface and a solid set of analytical features. As such, we can’t hold the deposit requirement for MT4 against the broker too much. But as we said, we don’t like paywalls for core features as a practice, although you may not mind them at all.

Real LexaTrade broker reviews can attest that company is worth trading with. Its mission is to provide traders and investors with maximum security of their transactions on foreign exchange, cryptocurrencies, and stock markets. The broker is headquartered in Saint Vincent is lexatrade legal in india and the Grenadines, a popular domicile to offshore brokers (since most brokers based in Saint Vincent and the Grenadines are unregulated brokers). Its first year of operation revolved around managing cash transactions in real-time trading using PAMM accounts.

Apparently, the pair of customer reviews clearly reflects the broker’s honest and quality trading services, contrary to some maligning customer reviews that try to dent the broker’s reputation. These clients are enough proof that ‘LexaTrade scammers’ is merely a baseless claim. Commodities are viewed as steady, long-term, highly profitable investments. Commodities being long-term investments means that they must be carefully decided. Broker LexaTrade ensures that its 24-hour client service team provides the best support to traders.

The broker provides a decent and fair set of trading conditions coupled with some advanced trading tools and platforms. They also provide traders the optimal opportunity to learn the basics and complexities of trading through different educational resources. Apparently, these customer LexaTrade reviews clearly reflect the broker’s honest and quality trading services, contrary to some maligning customer reviews that try to dent broker’s reputation.

Much like many other Fintech businesses these days, Bitfinex offers only one way to contact its support team – via email or submit a ticket form. The high quality of Bitfinex support service is just one of the reasons why this is a popular crypto exchange. When it comes to the platform’s level of customization and ease of use, Bitfinex has done a great job, compared to competitors like Coinone where the user experience is pretty complicated. With Bitfinex, you have different layout options and you get access to everything you need on one screen – spot trading, OTC market, derivatives, wallet, support, etc. In this Bitfinex review, we are going to help you decide whether Bitfinex is the best cryptocurrency trading platform for you.

The platform’s charting tools let users track Bitfinex crypto coin-to-coin performance and price over time. Exchanges were reviewed on points including security, fees, number of cryptocurrencies available, and more. We also considered if the exchange is regulated by a proper agency or entirely decentralized. Our full cryptocurrency exchange methodology, including the review process and weighted data points, is available for review. Bitfinex’s account dashboards and menus are easy to navigate and follow if you have experience with online financial accounts.

How to Connect Bitsgap Trading Bots to Bitfinex?

The Bitfinex exchange has a user-friendly platform with a stylish interface. In addition, fees are only between 0 and 0.2% depending on volume and whether you create or accept an order. If you’re just starting out, though, and haven’t got the vaguest idea of how crypto trading works, admittedly, there are going to be better options for you out there. Check out our list of the best cryptocurrency exchanges if you’re interested!

The easiest way is by simply exchanging funds you already have in your account. However, if you don’t have funds in your account or you don’t want to use them, you can purchase crypto with a credit or debit card. If you’re paying with Euros, there are also several instant payment methods for on-ramp services. The verification process is extensive and tedious because there’s already a huge backlog of applicants. While this is a frustrating user experience, it’s clear that traders favor this platform, despite a questionable beginning.

Bitfinex Contact and Customer Service

That said, many users believe that KuCoin is one of the simpler exchanges on the current market. In the world of crypto exchanges, you’ll often come across a term called “trading pairs”. This term refers to the “asset-to-asset” trading options that you’ll have on the platform of your choice.

After all, Bitfinex wallet is essentially an online wallet that is exposed to hacking and manipulations. To enable your demo account on Bitfinex platform, you’ll have to navigate to the Sub-Account section and then create a new sub-account for paper trading. For derivatives, Bitfinex offers you a maker rebate of -0.020% and a taker fee of 0.75%. Overall, Bitfinex https://www.tokenexus.com/ has the trust of the community, but their decision to discontinue service to their U.S. customers has caused many traders to look at alternatives. Select which pairing you’d like to exchange between by hovering over the “Trading” button. Overall, We wouldn’t recommend Bitfinex to beginners but intermediate to advanced traders will be fine using it.

Bitfinex

The exchange acts as a facilitator and enables borrowers and lenders to transact with each other. So, rather than going through traditional lenders, users can borrow funds from other users in the network. For trading on the Bitfinex exchange, you don’t need any KYC verification if you prefer using cryptocurrencies.

The exchange has a detailed list on its website where they show every coin they have listed and their withdrawal fee; some of them are free, but the vast majority are not. On the other hand, if you’re transferring digital assets internally—ie. To another Bitfinex user’s address, these withdrawals are free of charge and come with other benefits. As a centralized cryptocurrency exchange, Bitfinex offers its users a plethora of features and services to make their trading experience smooth and seamless. Overall, Bitfinex receives mixed feedback from users and its history of regulatory issues is concerning.

A rule of thumb here is the more secure your account, the faster Bitfinex processes your request. Regular fiat withdrawals take 5-10 business days, while express fiat withdrawal is sent out within 24 hours. Navigate to the “Wallet” button in the upper right corner, under which you can find the “Deposit” option. Clicking it takes you to the deposit Bitfinex Review page where you can choose the preferred method of funding. Bitfinex supports a wide range of deposit options, including fiat currencies (USD, EUR, JPY, CNH & GBP), and a wide selection of cryptocurrencies. In the aftermath, the lost funds were reimbursed by the exchange, as it has learned lessons from these attacks and bolstered its security.

The exchange offers many different settings to customize the interface. You can choose from various themes, look for graphs, general layout, and much more. For more information, navigate to account settings when logged in to your Bitfinex account. Since 2014, Bitfinex has been one of the largest exchanges on the crypto market if not the largest.

This website is using a security service to protect itself from online attacks. There are several actions that btc3s coin could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

1. Therefore, no matter how the price of the corresponding coin/token changes, there will never be a liquidation.
2. Even more, if the BTC price climbs up afterwards, the price of BTC3L will also increase, so there is still an opportunity to turn the negative profits into positive!
3. Besides, under other extreme fluctuations like continuous skyrocketing or plummeting, there will also be a risk that the net value of BTC3L and BTC3S tends to zero.
4. If BTC continues to rise in the first 10 days with a total increase of 200%, and then immediately falls for 10 days in a row with a total decline of 200%, then the net value of BTC3L and BTC3S may be at the risk of tending to zero.
5. As a product that has been polished in the traditional financial market, this leveraged token product can satisfy the appetites of most investors.

However, the leveraged tokens seek to magnify profits by amplifying the rise and fall of the underlying asset, and the leverage is reflected in the price changes. The rebalancing mechanism aims to adjust the position of the contract of the leveraged tokens, therefore to maintain the leverage rate. If investors go 3x long BTC in the margin market, when the BTC price decreases by 33%, they will face liquidations and lose all their funds. However, with the dynamic rebalancing mechanism, that tragedy will not happen. Even more, if the BTC price climbs up afterwards, the price of BTC3L will also increase, so there is still an opportunity to turn the negative profits into positive!

BTC3S

Theoretically, the net value of the leveraged fund is the fair price of leveraged token shares in the secondary market. However, due to market fluctuations, the transaction price in the secondary market may deviate from the fair price (that is, the net value of the fund) at certain times, resulting in a price premium. Leveraged tokens products do not require margin or crypto borrowing, and there is no risk of liquidation. KuCoin Leveraged Tokens are tokens with the feature of leverage, you can find corresponding coins/tokens for all leveraged tokens. If BTC continues to rise in the first 10 days with a total increase of 200%, and then immediately falls for 10 days in a row with a total decline of 200%, then the net value of BTC3L and BTC3S may be at the risk of tending to zero. If the daily change of BTC price in 100 consecutive days is +10%, -10%, +10%, -10%…

What is the current BTC3S to USDT exchange rate?

Thanks to the mechanism, the system will automatically incorporate the profits into the original sum of investment and keeps the leverage at a fixed multiple to ensure the profit is compounded. Although leveraged tokens are featured with leverage, they are still the spot trading type. Therefore, no matter how the price of the corresponding coin/token changes, there will never be a liquidation.

BTC3S TO USDT CHART

As a product that has been polished in the traditional financial market, this leveraged token product can satisfy the appetites of most investors. However, this product is particularly tailored for investors who believe that there will be volatility in the prices of the underlying assets, or those who do not want to bear https://cryptolisting.org/ the risk of liquidation. Due to the management fees and the feature of leveraged token products, investors may suffer losses when facing market volatility. Margin trading leverages the borrowing of funds to its margin amount to enlarge the profits or losses, the leverage is based on the amount of crypto that one holds.

Respectively, then the return rate of BTC3L and BTC3S will be -99.1%, there’s risk that the net value will trend to zero. 3X Short Bitcoin Token Dec 24, 2019 had the highest price, at that time trading at its all-time high of $158.1. Besides, under other extreme fluctuations like continuous skyrocketing or plummeting, there will also be a risk that the net value of BTC3L and BTC3S tends to zero.