In the last decade or so, there have been a number of changes and advancements that have been made in different industries. However, perhaps the biggest change that was seen was in the financial markets in 2009, when the first cryptocurrency known as Bitcoin was introduced. Its founder, Satoshi Nakamoto, remains a mystery even today and had introduced it as a peer-to-peer electronic cash system. At that point, no one expected this cryptocurrency to do what it has accomplished today; created an entire industry and has even threatened the dominance of gold as the world’s reserve asset.
The crypto market had a slow start and Bitcoin didn’t get very popular because its anonymity gave criminals a lot of freedom. But, the market began to pick up gradually and a number of other cryptocurrencies were also introduced over the years. However, the real change occurred in 2017 when Bitcoin had its first bull-run that saw the cryptocurrency cross the $19,000 mark. This was a huge milestone and enabled a number of investors to pocket massive profits that they couldn’t have imagined at all. It happened very quickly and gave a high rate of returns to numerous traders in a very short span of time.
Other cryptocurrencies also benefitted from Bitcoin’s rally, which meant more exposure and popularity for a space. After this success, the crypto market boomed and millions of people all around the globe began rushing into this space in order to get a share of profits. Today, cryptocurrency trading is a global phenomenon and even institutional investors have jumped the crypto bandwagon in order to reap the benefits. These digital currencies are highly volatile and this appears to have worked in their favor because, even though it is a high risk, they can also give equally high profits, something, not every financial instrument is capable of.
The cryptocurrency market has grown rapidly and now there are more than 5,000 cryptocurrencies that can be found, with more being added on a regular basis. Nonetheless, Bitcoin has maintained its superiority, as it is still the leading cryptocurrency in the space and has recently crossed the impressive $24,000 mark in another rally this year. This has once again prompted interest in the market and people are giving up other instruments in favor of cryptocurrencies. But, how do you begin? The good thing about crypto is that you trade them the same way as you do any other financial instrument; find an online broker.
Even this is not that difficult these days because you can simply run a Google search and it will provide you with the options that you can explore. It is so very simple to get the list, but your work is not done here. You have to bear in mind that your focus should be on finding an efficient, reliable, and well-rounded crypto brokerage that can fulfill your needs in the best possible way. Since cryptocurrencies are unregulated, you want to ensure you can find a company that is not shady and can be trusted with your investment in the long run.
Every market has its share of dangerous and fraudulent schemes, so caution can pay off in the long run. To choose the right broker for you, it is recommended that you check out what features you will be provided and then opt for one that offers the most comprehensive solution. CRYPTOP can be a good choice in this regard.
| Broker | CRYPTOP |
| Website | https://cryptop.io/ |
| Trading Accounts | 6 Account Types; Basic, Bronze, Silver, Gold, Platinum and Black |
| Minimum Deposit | €1,000 |
| Assets Coverage | Variety of cryptocurrencies |
| Trading Tools | Live Charts, Economic Calendar, Risk Management Tools, Price Alerts, and Trading Signals |
| Education and Training | Yes; free market research, Trading Academy, Webinars, Tutorials, E-books, Sessions with Market Analyst |
| Customer Support | 24/6 through live chat, online contact form, email, and phone number |
| Security Policy | KYC (Know Your Customer) and AML (Anti-Money Laundering) |
| Parent Company | CRYPTOP |
The most important thing to know about CRYPTOP is that they are dedicated to cryptocurrency trading, which means that all tools, resources, features, and platforms that you will find with them are aimed at simplifying the process of trading these digital assets. They are able to provide you with everything you need in one place, something that other companies may not be able to do if they are providing trading services for multiple instruments simultaneously. There are a number of other features that have also helped CRYPTOP in standing out in the crowd and earning the trust of their clientele. What are they? Check some of their important features below:
Table of Contents
Feature 1: A safe trading environment
Safety is paramount in the online world. Even if you have no trading experience, you are probably familiar with the rules of the internet and the risks associated with it. There are countless stories of people having their identity stolen and used in illegal activities. Likewise, people have also lost their hard-earned money to hackers and scammers in one way or another. How is this relevant to trading? When you decide to trade online and sign up for trading services, you will need to share personal and sensitive information with the company. Similarly, you would have to deposit your money with them as well.
This can leave you exposed to cybercriminals, which can be a source of stress for many and can affect their trading capabilities. The best way to resolve this issue is to find a brokerage that can offer you a safe trading environment. CRYPTOP can be a good fit in this regard because they have taken the security of their clients very seriously. They are aware that all sensitive information needs to be protected because it can be used in various nefarious activities. Therefore, they have opted to use high-end encryption to keep all of it under wraps. As soon as you share your data, it is encrypted right away, so even if third parties or outsiders gain access to it, they will not be able to decipher it.
In addition, CRYPTOP has chosen to comply with the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies, which are two of the most renowned security policies in the world. These have been designed for reducing the possibility of identity theft, financial fraud, terrorist financing, and money laundering. How do they accomplish this? These policies require traders to provide proof of identity and residence before they can make any transactions via the platform. This can help in keeping cybercriminals out because these documents have to be verified before they are allowed to use CRYPTOP’s services. What documents are needed? Let’s take a look:
- Proof of ID can be submitted by sending a scanned copy of your national ID card, driver’s license, or international passport, as long as it they are not expired.
- Proof of residence can be given by providing a scanned copy of any utility bill or a bank statement that shows your home address. Make sure this document is not more than three months old.
You will also find that CRYPTOP has also paid attention to the safety of your money and they have done so by maintaining segregated accounts for their customers. This means that they don’t mix up any of your deposits with other clients or the company’s own funds. They are kept in separate accounts and only used for your trading activities. In case the company shuts down or goes bankrupt, your funds will be returned to you, thereby ensuring that there is no misappropriation.
There is also a Privacy Policy in place on CRYPTOP that highlights exactly what information is accumulated by the broker and how they use it for providing you their trading services. You can rest assured that your information is not sold, licensed, or shared with any outsider or third party without your consent.
Feature 2: Range of cryptocurrencies
The whole purpose of finding an online broker is to trade cryptocurrencies in order to make profits. Then it is understood that you would want to see what cryptocurrencies you can trade because that will help determine your profits. While it is true that the crypto space, as a whole, is quite volatile, but it doesn’t mean that every crypto offers the same profit potential. Some tend to be more liquid and volatile than others, which means their profitability will also vary. You would certainly want to spread out your investment in order to reduce your risks and maximize your profits.
Whether you can do that or not will depend on the broker you choose to sign up with. After all, they are the ones that will provide you with the cryptocurrencies to trade. CRYPTOP is an excellent choice for enjoying variety in the crypto market. Rather than reserving their clients to just a handful of options, they have added a horde of cryptocurrencies to enable traders to make the most of their investment. They certainly provide you with the most popular and prominent options, such as Bitcoin, Ethereum, and Litecoin.
But, they haven’t stopped here and have gone on to include choices like Bitcoin Cash, Ripple, Monero, DASH, DOT, IOTA, and NEO, amongst others. They are also working on adding more choices, so their users will be able to diversify according to their preference and ease.
Feature 3: Variety of trading platforms
Perhaps, one of the most crucial features of online brokers is their trading platform i.e. the software that is designed for executing trades in the market. To be able to buy and sell cryptocurrencies and see your trades reflected in real-time, you will have to use a trading platform. This is a feature that’s unique to every broker and they have complete authority to decide the kind of platform they wish to offer to you. It needs to be a secure, efficient, and powerful option for you to be able to make the most of it. If there are any issues in the trading platform, chances are that you will not have a good trading experience.
Like many others out there, CRYPTOP has chosen to develop their own trading platform, but the different thing about this brokerage is that they have given their clients the freedom to pick the kind of platform they are comfortable with. Since there are different types of platforms that can be found, CRYPTOP has added variety, allowing traders to select the one they are most comfortable with. If you want a platform that offers cross-device functionality and doesn’t have to be downloaded and installed, they have a web trader for you.
As the name indicates, this trading software is accessed via the website, so it can be used on any device that supports a web browser. CRYPTOP has also added a traditional desktop-based trading platform that can be downloaded on PCs within a couple of minutes. Furthermore, they have also developed trading apps that can be downloaded on mobile devices, both iOS and Android, which can be used for trading on the move. This is preferred by modern traders, as it allows them to trade from anywhere and take advantage of every price movement that happens in the market.
Other than the type of trading platforms, CRYPTOP has also used cutting-edge technology to ensure that their platform can deliver a seamless trading experience. They have not compromised in this regard, but have also opted for a highly intuitive and simple user-interface to enable even newcomers to get the hang of the platform right away. They have provided one-click trading features and combined it with ultra-fast trade execution for best results. Moreover, they have also incorporated some of the most powerful trading tools in the market on their platforms to assist traders in making smart decisions.
You can find a range of trading indicators, graphs, live and advanced charts, along with price alerts. They also have an economic calendar that keeps track of prominent events in the market that can have an impact on prices. You can also access the latest market news and updates that can come in handy for making your moves. Along with these tools, CRYPTOP has added risk management features including different order types that can be extremely useful in minimizing your losses.
Feature 4: Quick and easy registration
An essential process that you have to complete before you can use a company’s services is to register with them. Even though it sounds simple enough, there are brokers out there that often make it complicated. They ask for unnecessary information, which can be quite frustrating for traders because it delays their trading. Likewise, not everyone is comfortable in sharing things that are not really needed for any purpose and it can also send up a red flag. CRYPTOP is different in this regard because their registration is quick and easy.
As a matter of fact, their registration process just comprises of filling out one form on their website, which doesn’t take you more than five minutes. What details do you have to enter on the form? Take a look:
- First name
- Last name
- Email address and Password (To be used as login details for your trading account)
- Time zone
- Phone number
- Country of residence
- Account currency (EUR, USD or GBP)
After you complete the form, CRYPTOP also requires you to agree to the Terms & Conditions on their website. You can check them out to know exactly what they entail for your peace of mind. Finally, you need to confirm that you are 18 and have been upfront and honest with the company. Your registration will be complete instantly, and there is no waiting period necessary.
Feature 5: Multiple account options
The point of registering with a broker is to open an account with them and you will come to know that companies offer several account options. This is common amongst brokerages that are providing their services to traders from all levels, whether they are novices or expert traders. Since these traders are different, they don’t require the same tools and features. Hence, multiple account options are created to accommodate them as much as possible. CRYPTOP has also come up with six account options on their platform, each of which has its unique set of features. Find out the options below:
Basic
The name of the account indicates that you will get all fundamental features in this account that are typically needed by novices to start trading. They can get customer support 24/7 in case they have a problem. A minimum deposit of €1,000 have to be made for opening this account. Traders will also be able to get access to the education center provided by the company, which offers them a ton of learning material that can come in handy at this point. Daily market reviews are also available to help you keep up and you can attend PRO webinars from experts that increase your knowledge and understanding.
Bronze
This account is a small upgrade of the previous account and is best for those who have a bit more knowledge and understanding of trading markets than complete novices. You have to deposit a minimum of €10,000 to open this account. They get features of the Basic account, along with some additional ones. You can get price alerts for different cryptocurrencies, allowing you to leverage any favorable movements quickly. An account manager is also given for a month, who can help you in managing your portfolio just the way you like.
Silver
The third account that you will come across on CRYPTOP is a good option for intermediate traders and they have to deposit a minimum of €25,000 to open this account. This is a major upgrade because traders are now given an account manager for at least three months. In addition, PIA trading signals are also added, which are provided five times in a day to help you in making your decisions.
Gold
This account is for advanced traders and it can be opened with a deposit of €50,000. The upgrades that are made in this account are more related to the tenure of the features you get in previous accounts. For instance, the account manager you get is now available for six months. Likewise, the PIA trading signals are now provided to you ten times a day, which can result in a better trading experience.
Platinum
This account option has been developed by CRYPTOP for skilled and expert traders and the minimum deposit requirement for it is set at €250,000. The first thing to know about this account is that it offers traders VIP price alerts rather than junior ones. It is a big upgrade because this account is for users who have already made sizable profits via trading and know what they are doing.
As far as the account manager is concerned, it is made available for the full 12 months. Likewise, traders also receive unlimited PIA trading signals, as they are in the position to take full advantage of them. The additions made in this account include that of PIA SMS signals and a personalized trading strategy, both of which can also contribute to your success.
Black
The final account option that has been put together by CRYPTOP on its platform is called Black, which is the best option available. However, what makes it different is that you cannot just sign up for it directly. It is designed for professional traders and it has features of the platinum account, along with exclusive position access, unlimited account manager and one-on-one training. You have to meet a certain criteria in order to open this account and you can find details about it by speaking to your account manager. If you believe you are ready to go all-in, you can choose this account option for trading in the crypto market.
Along with these major features, CRYPTOP also offers its clients an array of deposit and withdrawal methods for making their payments easy. It has created an education center where it provides learning material for every trader to help them succeed and it charges low commission and offers great conditions to help traders make high profits.
