With cryptocurrency trading turning into one of the biggest trends today, it is no wonder that there is a huge demand for crypto brokers who facilitate the entire process. You need the services of a cryptocurrency broker to access the market and buy and sell cryptocurrencies of your choice, but this does not mean that any platform would do the job. You need to know the ins and outs of a broker before you decide to begin your trading journey and this will eventually bring you to the BitOpps review below. After all, you need to know what it can offer to you.
Owned and operated by Rival Ltd, BitOpps is a dedicated crypto broker that has become well-known in the markets because of its offerings. But, you have to consider your own needs and preferences before making a decision and this review can shine some light on what you will find:
Take a look at the cryptocurrencies
When you want to learn the ins and outs of a cryptocurrency broker, you should start with their cryptocurrencies because these need to be solid and profitable ones. Bitcoin is undoubtedly the leading cryptocurrency in the market, but it is no longer the only one you will find. There are thousands of cryptocurrencies that exist today and while not all of them may survive, there are some that have proven to be quite profitable.
This makes them an excellent addition to your portfolio. You will discover that BitOpps offers its clients some of the top cryptocurrencies in the market that can generate high returns. These include names like Bitcoin, Litecoin, Ethereum, Bitcoin Cash and Ripple, amongst others. You will be able to diversify your crypto investment portfolio with ease and this can help you make more profits and keep risks reduced.
Check the on boarding requirements
It is necessary to know if there are any onboarding requirements because you want to be able to open an account easily. There are no such prerequisites at BitOpps and this can be a relief for every trader. You only need to enter your first and last name, email address and password, phone number and country of residence. Choose an account currency and agree with their Terms and Conditions and you will be registered on their platform.
Look at the account options
After the onboarding process, you have to open an account with the broker and BitOppshas come up with six account options for its clients. Every account is targeted towards a specific category of trader, such as novices and amateurs, beginners and intermediate and advanced and professional traders. Basic, Bronze, Silver, Gold, Platinum and Black are the accounts and the minimum deposit for five of them are $1,000, $10,000, $25,000, $50,000 and $100,000, respectively.
The Black account cannot be opened directly because there are some requirements involved and your account manager can guide you about it. Different features have been added to each account at BitOpps and these include 1-on-1 training, daily market reviews, live support, analytics, premier events, educational center, price alerts, personalized trading strategy and exclusive position access.
Consider the useful resources
It is also necessary to know if there are any useful resources the broker provides and BitOpps delivers here as well. They have an education center where traders can find a crypto glossary, along with other learning materials and resources. Training is also available to help people in navigating the world of crypto trading.
Along with these options, strong customer support is another feature of BitOpps that appeals to many. You can get live support with each account, or reach out to their team 24/5 through email, or phone as well. Their agents are responsive and helpful and you will be able to get the assistance you need.
Add in a bring-a-friend program, an advanced trading platform and a secure environment and BitOpps can offer you all you need for crypto trading.