StormGain Review 2020
StormGain was established in 2019. The headquarter of this crypto trading platform is in the capital of the UK- London. Its presence is also in China, France, Germany, Italy, Poland, Portugal, Russia, Spain, The Netherlands, Turkey, the UK, and Vietnam, which is incredible if we look at the very short history of this platform. This kind of feat impressed us, and yet at the same time, it generates a sense of curiosity to know how true these claims are. What are the secrets behind its success and achievements? To know all this, let’s go further in this StormGain reviews to uncover more details.
What is StormGain?
StormGain is a cryptocurrency trading platform. It is an online trading platform that serves all kinds of traders and investors from all walks of life. It is designed to harness profit from the crypto market’s volatility. Users can find intelligent trading and investment strategies into crypto assets to make long-term investments. It offers attractive trading opportunities in the popular and most profitable crypto coins. The crypto trading goes all above till 150X! All this is offered based on simple investment in the buy and hold trading moves!
It indeed looks like a very attractive crypto platform. But to get to the core facts, we decided to investigate all the essential features of this crypto trading platform in our review. In order to support its traders and investors, It offers its clients a good variety of order types, intelligent trading tools, and smart trading strategies. Unlike many other online crypto trading platforms, it offers a user-friendly account opening process; whereas, other trading platforms often are quite strict and restrictive in their KYC processes.
Further, StormGain is in many respects an all-in-one online crypto trading platform as it offers both the traditional as well as the advanced trading tools and solutions such as:
- Trading signals,
- User-friendly interface,
- 0% swap day trading
- 24X7 customer support
- Offers interest of deposits
- Loyalty schemes
- Low commission and low fees in comparison to its competitors
- Demo accounts (50 K USDT funded)
StormGain, as seen above, is not just limited to the traditional method of offering future contracts when it comes to investment and trading in the crypto market.
How do you use StormGain?
Using this trading platform is quite straightforward. IN this section of our StormGain reviews, we will look at the simple steps that you can follow to get going on this platform. KYC (Know Your Customer) process is a beneficial process that helps in the security and background checks of various clients before taking them on board. But unfortunately, due to regulatory reasons, sometimes a trading platform has to restrict some clients from using their platform. To curb such an issue, it has made the registration process very simple and accessible for all who wish to join the online crypto exchanges platform. All it asks for is the following:
- Client’s email address
- A minimum deposit of USDT 50.
Here is a screenshot from StormGain website to show you the simple registration process:
Now, isn’t that simple? An aspirant can simply go to the official website of StormGain. There he or she can register themselves by entering their email address and setting a strong password in order to create a new account with it. Once this is set, simply make the min deposit of 50 USDT to get started. Market research revealed that one could buy or sell with 100 times high leverage at the StormGain platform, and that too in less than 24 hours time span.
Deposit and Withdrawal Options:
~ Deposit at StormGain: Whereas for deposits, the clients of it can use either of the following methods:
- Transfer held cryptocurrency to the StormGain wallets or any Bitcoin wallet of their choice, or
- Buy them with the help of a credit card.
The method of depositing crypto to either a StormGain wallet or any other is quite simple. It can be done by selecting the cryptocurrency wallet on the RHS of the official website screen, and then by choosing the ‘deposit’ option, one can successfully complete the process.
~ Transferring cryptocurrency to the desired crypto wallet: If the trader or investor desires to transfer the already held cryptocurrency to any other cryptocurrency wallet, then he or she can use the QR code or copy the wallet address to make the transfer.
~ Purchasing BTC with a credit card: It allows the traders and investors to buy cryptocurrency, such as Bitcoin, with the help of credit cards. It supports MasterCard, Simplex, VISA Card, and many more credit card.
~ Withdrawals at StormGain: In order to withdraw cryptocurrency from your StormGain wallet, you can transfer the cryptocurrency to any other compatible wallet. It restricts withdrawals to cryptocurrencies only. Therefore, there is no crypto to fiat money exchange. The method to withdraw is quite simple. All you need to do is first to choose your desired cryptocurrency wallet, which is a StormGain compatible wallet, and then click on the ‘withdraw’ option that is located on the right-hand side of the website screen. Next, in order to give the destination wallet address, you can do either of the following:
- Straightaway copy and paste the destination wallet address, or
- You can use the QR code to make the withdrawal.
Please always be 100 percent sure that you have entered the correct wallet address. It is always better to double-check than to accidentally send your cryptocurrency to the wrong email address where you may or may not ever recover your crypto funds.
~ If you want to withdraw Tether (USDT): Those traders and investors who are interested in withdrawing Tether (USDT) from StormGain, all they need to do is to exchange their cryptocurrency into USDT before withdrawing it. Here are the simple steps they need to follow:
- Go to the ‘Exchange’ option. (It can be found in your USDT wallet.)
- Now click on the ‘From Wallet’ option. A drop-down menu will appear. From this menu, you can choose the crypto wallet from where crypto can be withdrawn. At this stage, you can exchange it with USDT.
- Once you are sure of all the details, simply click on the ‘Exchange’ option.
- Now you can find USDT in your USDT wallet. This means your USDT is ready to be withdrawn.
StormGain trading tools for active traders
It understands the trading toolset needs of each and every type of trader and investor based on the experience they hold. At StormGain, you would find some incredible trading tools that are rare to find on any other online platform. It offers helpful pro-tools to its traders and also backs them up with leverage options to take their exchange and investment portfolio to the next level.
It functions on trading cryptocurrency derivatives, which are stored as a deposit on USDT on the account of the clients. By simply depositing 50 US Dollar (which is the minimum deposit required at StormGain) into one’s account, one can start leveraging that amount up to 100X with the help of trading tools, which it offers.
(One should bear in mind that leverage exchange is exciting as it can boost gains in a very short time span, but it also comes with the innate risk of loss.) It gives a minimum trade size of 10 USDT, which can be leveraged up to 1000 USDT. In order to stay safe in leverage exchange, we would suggest that the users who don’t have enough experience should rely on risk management strategies and buy or sell as per their risk capacities.
What fees does StormGain charge?
It is famous for its low fees structure for crypto trading. It is quite an impressive factor behind the platform’s major success in such a short time span (i.e. since 2019). The fee varies based on the cryptocurrency a client intends to trade. To have an overall idea- the fee structure at StormGain exchange ranges from 0.15 percent to 0.5 percent for the position. It offers competitive services where the fees are in accordance with the other leading exchange platforms. With StormGain fees structure, one can find a lot of scopes to make profits. A few examples of the instant exchange fees are:
- For the BCHBTC instrument, the minimum exchange size is 0.00000001 BCH, and the commission is 0.25 percent.
- For the BCHUSDT instrument, the minimum exchange size is 0.0001 BCH, and the commission is 0.08 percent.
- For ETHBTC instrument, the minimum exchange size is 0.000000001 ETH, and the commission is 0.25 percent.
- For the LTCBTC instrument, the minimum exchange size is 0.00001 LTC, and the commission is 0.25 percent.
- For more details on other instruments such as BCHUSDT, ETHUSDT, LTCUSDT, XRPUSDT, and so on, you can refer to the official website of StormGain.
Here is a screenshot for you to have a glimpse at other trading instruments and trading volume at StormGain:
Crypto deposit and withdrawals stormgain fees:
Here are a few examples of what are the crypto deposit and withdrawals fees at StormGain:
- Bitcoin (BTC): The deposit fee is 0.00 percent, and the withdrawal fee is 1 percent. The minimum amount of deposit is 0.005 BTC, and the minimum amount of withdrawal is 0.00 BTC.
- Bitcoin Cash (BCH): The deposit fee is 0.00 percent, and the withdrawal fee is 1 percent. The minimum amount of deposit is 0.160 BCH, and the minimum amount of withdrawal is 0.00 BCH.
- Ethereum (ETH): The deposit fee is 0.00 percent, and the withdrawal fee is 1 percent. The minimum amount of deposit is 0.200 ETH, and the minimum amount of withdrawal is 0.00 ETH.
- Litecoin (LTC): The deposit fee is 0.00 percent, and the withdrawal fee is 1 percent. The minimum amount of deposit is 0.550 LTC, and the minimum amount of withdrawal is 0.00 LTC.
- Ripple (XRP): The deposit fee is 0.00 percent, and the withdrawal fee is 1 percent. The minimum amount of deposit is 160.0 XRP, and the minimum amount of withdrawal is 0.00 XRP.
StormGain T&C Reference:
Here is the T&C reference of StormGain:
- BTCUSDT : The max. mult is 100 and the min. mult is 5. The average commission is 0.15 percent. Whereas, the daily rate of swap buy is -0.04 percent and the daily rate of swap sell is 0.004 percent.
- ETHUSDT : The max. mult is 50 and the min. mult is 5. The average commission is 0.15 percent. Whereas, the daily rate of swap buy is -0.04 percent and the daily rate of swap sell is 0.004 percent.
- LTCUSDT : The max. mult is 50 and the min. mult is 5. The average commission is 0.15 percent. Whereas, the daily rate of swap buy is -0.04 percent and the daily rate of swap sell is 0.004 percent.
- XRPUSDT : The max. mult is 50and the min. mult is 5. The average commission is 0.15 percent. Whereas, the daily rate of swap buy is -0.04 percent and the daily rate of swap sell is 0.004 percent.
For more details on other instruments such as BCHUSDT, ETHBTC, LTCBTC, BCHBTC, and so on, you can refer to the official website of StormGain.
StormGain Crypto Wallet:
The wallet which StormGain offers is a highly capable cryptocurrency wallet that is connected to the high-leverage exchange. It offers its users with several useful features that take their trading game a notch higher. The interesting fact is that StormGain does not charge any fees for offering this Bitcoin wallet. In this section of our review, let us have a look at the various unique points about StormGain Crypto Wallet to understand what makes it so special:
- It comes with a direct connection with the StormGain exchange.
- It allows the users to send and receive cryptocurrency directly.
- Moreover, this wallet offers some of the most sought after security features that make it a perfect choice.
- Another security-related interesting fact about this cryptocurrency wallet is that it never transfers the ownership of the private keys to StormGain, which eventually keeps the power in the client’s hands.
- It supports all the popular cryptocurrencies.
- It offers 6 different kinds of crypto wallets to choose from.
Curious to get your hands on the StormGain wallet? Well, it is a very simple and quick process to get your very own StormGain cryptocurrency wallet. All you need to do is:
- Go to the official website of Storm Gain and look for the wallet section on the site.
- Here you can download the StormGain cryptocurrency wallet and complete the very easy registration process of StormGain.
The leveraged crypto trading at StormGain:
It is a crypto specialist broker. It offers the option to its investors and traders to hold or trade their cryptocurrencies with leverage. This comes with a lot of useful features and functions. Moreover, at StormGain, the user gets to enjoy:
- 100X leverage on Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC)
- In addition, the trader and investors at StormGain are offered industry-standard trading tools to take their trading standards to the next level.
The features which StormGain offers are fantastic leveraged crypto trading advantages. These features are much better than what one usually gets from CFD broker competitors. Nowadays, one can see that many CFD brokerages have started to offer leveraged crypto trading features. However, the conditions vary a lot and still have a lot to catch up before reaching the StormGain level.
The reason why leverage exchange is gaining importance is because of the volatility of the crypto market. StormGain platform offers a quick start to the users and does not demand heavy investments to start with. This makes StormGain a very worthy and an attractive trade choice of many. More than attracting traders and investors, StormGain while understanding the risky nature of the leverage trading, it also offers:
- StormGain offers safety tools and insights to sail safely in the high-risk leverage trade sector.
- It offers intelligent global market insights to inform the users about the best opportunities and time to invest and trade in order to make big profits.
Leverage exchange is not for everyone. Therefore, despite its popularity, we would recommend you first to do your background check, study the market and its trends, know your risk-capacity and investment capacity, and so on. Only after researching all this, should one decide whether to go for the leverage trading option. If you feel leverage trading is for you, then no doubt StormGain’s leverage trading features and trade tools will help you in your leverage trading journey in a grand way!
Points to keep in mind in leveraged crypto trading:
You would find many CFD exchange brokers offering leverage crypto trading, but StormGain stands tall when it comes to the unique terms it offers around leveraged crypto trading. It is indeed very attractive trading as it has the potential to bring in huge profits, yet it can shock an inexperienced trader and investor with major unforeseen losses too! Therefore, it is strongly recommended to understand the leverage crypto trading basics very well, before venturing into it.
Usually, the CFD brokers don’t offer high amounts of crypto leverage. In addition, they even restrict funding to fiat options. That is why those platforms that allow USDT (which, by the way, StormGain permits) become an advantage.
StormGain’s terms such as easy account opening, minimum deposit (50 USDT), open access to everyone, low fees, low commissions, and flexibility around types of crypto wallets and account give StormGain an advantage.
~ Safety due to ‘Limit Orders’: We have already emphasized earlier that leverage trading is risky. It is even riskier than trade with fully fiat currency funded cash positions. Looking at the risky nature, StormGain introduced limit orders to its platform. This has controlled the risk-factor in a major way. It offers:
- Stop-loss limit order, and
- Take-profit limit order
Let’s dig into these two types here:
~ Stop-loss limit order: Stop-Loss Orders is like a risk controller when any trade does not go as per the trader’s or the investor’s desire. In leverage trade, the trader trades at multiple times of the amount he or she actually has in their account. For instance, if a trade has been placed at 10X leverage, then it means the trader is trading 10 times the actual amount he or she has in his or her account. With the help of leverage trading, the profit will be 10 times, and if the trade does not go as planned, then the loss would also be 10 times.
This kind of either-way result can be dangerous, and therefore, stop-loss order comes into limelight. It protects a trader from facing a loss that exceeds the amount of money that he or she has in the leverage trade account.
~ Take-Profit limit order: This one is another very useful trade tool. It is the opposite of stop loss. It works on the profit side of the trade. Basically, when a trader makes any profit through leverage trade, there are very high chances of them to go away by the time the trader gets back to the trading platforms. This happens because the crypto market is that much volatile. This where the take-profit tool comes into play and saves the profits made by the traders from trickling down from their hold.
PROS and CONS of using StormGain:
Honestly speaking, the positive aspects of using StormGain out-beat the downsides. We will first start with a little pros and cons comparison and then will list all the remaining positive aspects to detail you about all its features. So here we go:
|StormGain supports a range of cryptocurrency trading. It includes- Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ether (USDT), Bitcoin Cash (BCH), Ripple (XRP) etc.||StormGain only permits cryptocurrency funding in its accounts. There are many cryptocurrency to choose from which also includes Tether (USDT).|
|All the services of StormGain offer security rich features. For instance- its wallet does not give the ownership of the private keys to StormGain, instead it stays with the users. StormGain’s legal department has ensured all the legal controls are in place.||StormGain is currently an unregulated platform.|
|StormGain allows the traders and investors to buy cryptocurrency such as Bitcoin with the help of credit cards. It supports MasterCard, Simplex, and VISA Card.||StormGain does not support cryptocurrency to fiat currency exchange yet.|
Now, let’s dive deeper into all the perks and benefits of using StormGain:
- It offers high leverage of up to 150X to its traders and investors.
- StormGain offers Live trade data as it believes in offering complete trade transparency. It gives all the details related to transaction time, country, the cryptocurrency traded, transaction type, etc.
- The trade execution on StormGain is fast and performance-driven.
- Another fact that makes StormGain a highly attractive platform is its low fees feature, which gives the crypto exchange a competitive edge.
- Storm Gain offers risk management tools and support to all its traders and investors. For instance it offers trading signals that are generated with the help of Artificial Intelligedemonce to all its users all through the day to keep their trading up to the mark. Even offer 24*7 Customer support.
- StormGain trading also offers a demo account for all the traders and investors who wish to gain trading confidence before venturing into the live trade arena. This helps them to get familiar with all the tools and their functions on the online trade system.
- It offers six different types of wallets to its users. These wallets allow deposits in the most popular cryptocurrencies. Not only this, but
- StormGain also stores cryptocurrency in cold wallets, which safeguards these crypto funds from attacks like hacking, theft, blackmail, and others beyond human control factors.
- StormGain has made its name for the hassle-free registration process. While on other platforms, aspirants have to go through grilling KYC methods, StormGain simply asks for email id and a min deposit of 50 USDT to start trading and investing on the platform. The account opening process at StormGain is a matter of seconds, and it’s easy to use.
- With all these positive aspects, StormGain offers 24/7 customer support to all its users. Along with this, it offers other interesting and beneficial perks to its users that include- loyalty program, a friend program, interest on deposits, and 0 percent swap for day trading, etc.
Is StormGain a legit trading platform?
At the end of this review, we can confidently answer the question. There is absolutely no doubt about the legitimacy of StormGain as an online crypto exchange system. Yes, the quick grand success of the trading platform surprises many, but it is indeed because of the very intelligent features it offers to its traders and investors. It is rather one of the very few crypto futures brokers that offer very interesting and useful leverage crypto trading tools. Along with leverage trading options, StormGain offers various exciting crypto trade options and that too at very low rates and commissions.
Here is a screenshot from StormGain website to answer this question through a picture:
Our Final Verdict:
What makes StormGain so attractive is that it offers advanced trading volume features, and it offers these features to every account type. Beyond supporting limit orders, StormGain also offers its users trade signals that are generated with the help of AI (Artificial Intelligence), just to keep their trading to get better and better.
All these features StormGain offers to its users in a very user-friendly manner. The account opening process is like a breeze at StormGain. Moreover, the reach of StormGain covers many countries that are not otherwise covered by many other trading exchanges. All one needs is an email id and a minimum deposit of 50 USDT, to get started at StormGain.
If one has to look for any negative points of StormGain, then it will simply be its youth. The company is indeed young, but nevertheless, with its performance, and promise of a greater future, it duly earns respect and trust. In addition to all the wonderful features, StormGain also offers a free of cost cryptocurrency wallet service to all its users. It is open to everyone, even those who don’t wish to use StormGain as their chosen crypto exchanges. The cryptocurrency wallet is a feature-rich, free of cost, inclined security wallet which does not transfer the ownership of the private keys to the StormGain platform. The ownership stays with the trader. Our StormGain review intended to grill all the facts and rumors about this online crypto trading platform. And we can confidently say that you should try StormGain as your chosen trading app and reap the benefits it has to offer.
As it goes with any other crypto exchanges, the crypto sphere is quite a volatile realm. Therefore, it is important to keep yourself updated on the latest trends, market insights, and perform the background checks on any platform you decide to trust and invest in.
1. What is StormGain?
Well, in short, StormGain is an online trading app. It is designed to suit everyone and easy to use. It offers interesting trading opportunities to those who wish to generate profits from the crypto market’s spike and drops, and overall volatility. This platform is available on all popular devices such as- desktop, android, iOS platforms, tablets, and so on. StormGain offers its users 150X multiple, buy crypto and hold options, and many exciting leverage options.
2. Does StormGain offer any video tutorials?
Yes, you can learn about StormGain as a trading platform, its various trading tools, and other insights on YouTube.
3. Does StormGain allow mobile or tablet trading?
Yes, StormGain permits mobile trading and tablet trading. In addition, it is also functional on all the Android platforms, and iOS platforms and desktop to suit its user’s needs. The StormGain app can be easily downloaded from the Apple Store and the Play Store.
4. Is there any maximum leverage for trading on StormGain?
Yes, there is maximum leverage for trading on StormGain. It offers multiples of between 50X and 150X. It completely depends on what instrument you are trading at the StormGaim.
- It supports a range of cryptocurrency trading.
- Security rich features
- Allow user to buy Bitcoin with the help of credit cards.
- It is currently an unregulated platform
- It doesn't support cryptocurrency to fiat currency exchange yet