With cryptocurrencies becoming one of the biggest trends in the last decade, it is no wonder that the demand for brokers offering their trading services in this space has grown exponentially. You cannot start trading without a brokerage, but this doesn’t mean that you sign up with a random choice. Why? This is because the cryptocurrency broker you choose at the end of the day will provide you the assets, conditions and platform that can determine your experience in the market. This will eventually bring you to this BitOpps review because it is one of the platforms that are willing to cater to all crypto traders.
Rival Ltd. established BitOpps to provide crypto trading services to global clients and it is based in Saint Vincent and the Grenadines. Before you sign up with BitOpps, it is a must for you to determine if it is worth it, or if you should continue looking for a broker. You can check out the review below in order to make a decision:
BitOpps’ crypto assets
In order to decide if a crypto broker is worth it or not, you should first take a look at their crypto assets. If they are not any good, you can simply look for a different option. Bitcoin was the world’s first cryptocurrency and remains the top one to this day, but it is not the only one that can be found anymore. There are thousands of others that have been introduced and people want to add them to their portfolio. This is where BitOpps can be helpful because they offer you some of the top crypto assets in the market.
Yes, they do provide you the market leading option i.e. Bitcoin, but it is not the only cryptocurrency that you can trade here. Some of the other options that you can explore, include Ethereum, Litecoin, Ripple, Bitcoin Cash and more. This allows anyone using BitOpps to spread out their capital in the crypto market, which minimizes their risks and boosts their profits.
BitOpps’ security infrastructure
The security infrastructure is also an essential aspect of any broker because you are left vulnerable to cybersecurity risks when trading online. This element is also addressed at BitOpps and you will find their infrastructure to be a very strong one. They use state-of-the-art encryption for keeping all your sensitive and personal data safe. Your deposits are also kept in segregated accounts for ensuring their safety.
Along with these measures, you will also discover that BitOpps is compliant with AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies, which minimize risks like identity theft, financial fraud and money laundering because all accounts have to be verified via proof of ID and proof of residence.
BitOpps’ account options
Since you will be required to open an account with the broker you choose, it is necessary to know if their account options are suitable for you or not. Otherwise, there is no point in making the effort of signing up on their platform. There are a total of six account options that BitOpps has added to its platform and each one is aimed at catering to a different type of trader. Whether you are a newbie, a beginner or an intermediate trader, skilled, advanced or professional, they have an option for you.
Basic, Bronze, Silver, Gold, Platinum and Black are the choices and the minimum deposit BitOpps asks for these accounts is $1,000, $10,000, $25,000, $50,000 and $100,000, respectively. You have to meet certain requirements before you can be eligible for the Black account, so you can talk to your account manager about them.
All accounts come with some unique features that BitOpps has integrated for the traders’ convenience, such as daily market reviews, live support, price alerts, account manager 1-on-1 trading trainer, personalized trading strategy and premier events.
Taking these offerings into account, you can conclude that BitOpps is certainly a worthy option for any trader.