Cryptocurrency has become a prominent force in the global financial markets today. Initially, there had been a lot of criticism due to their anonymous and decentralized nature, but people are jumping onto the crypto bandwagon really quickly these days. The services of cryptocurrency brokers are in high demand because they can give you access to this space and allow you to profit from it. But, this doesn’t mean that you choose any random company and start trading. You need to evaluate their features to ensure they are dependable and professional and reading through this BitOpps review is one step you should take.
You obviously want to make the most of your trading activities and this will only be possible when you are using a broker that knows what it is doing. A look at the BitOpps website shows that it was established by St. Vincent and Grenadines-based Rival Ltd. and has managed to climb up the crypto market ladder quickly. But, what does it offer to make it happen? Let’s dig deep to know:
BitOpps Crypto Offerings
Evaluating the crypto offerings of a broker is the best place to start because if they are not offering the cryptocurrencies you want to trade, there wouldn’t really be any point in evaluating anything else. The good thing about BitOpps is that they have chosen not to just stick to Bitcoin when it comes to offering cryptocurrencies to their clients. They have added some of the most profitable altcoins to their choices, such as Litecoin, Ethereum, Dash, Ripple and Bitcoin Cash, which enable traders to maximize their trading returns and keep their losses low by spreading out their capital.
BitOpps Account Opening Process
You should also take a look at what you are required to do to open an account at BitOpps because some brokers tend to have very extensive and complicated procedures that can be highly frustrating. Fortunately, you will discover that they don’t have any such requirements. You only have to fill out a single form on their website, which asks for very basic details. Provide your first and last name, email address and password, and country and phone number. The last step is to agree to the Terms & Conditions they have outlined and you will be immediately registered.
BitOpps Account Types
Another important offering of a broker to evaluate is their account types because you want to ensure they can accommodate traders of your category. Some brokers target a specific category of trader, such as beginners, or professionals. The appealing feature of BitOpps is that they are willing to accommodate people of all skill and experience levels. They have added six account types for this purpose, which include Basic, Bronze, Silver, Gold, Platinum and Black.
This ensures that traders of different risk appetite, along with trading style and budget, can find an account that meets their needs. Minimum deposit is required for every account, which starts at $1,000 and goes as high as $100,000. It should be noted that the Black account at BitOpps is only available upon invitation because you have to meet a specific criteria to qualify for it. As for account features, a range of them are available in every account, including price alerts, live support, educational center access, range of markets, account manager, one-on-one training, personalized trading strategy, market analytics and more.
BitOpps Customer Support
It is a must to evaluate the customer support offered by a brokerage because you want to find a solution to a problem, or answer to a question quickly. This is something that BitOpps can do quite well because they have added top-notch and responsive customer support for their clients. You can schedulea callback at your convenience by filling out the online contact form, or give them a call yourself. You can also send in an email, if you are comfortable that way.
Final Thoughts
The evaluation of the offerings and features of BitOpps indicate that this broker is fully capable of offering you a smooth trading experience.