Ikenna Uwakwe has been a writer since he could hold a pen. Having a lot of literary works in his portfolio including Poems, Articles and Essays. He enjoys a natural likeness for anything related to technology. His Educational background includes computer science and programming. As a seasoned cryptocurrency enthusiast with a professional writing career path of over two years of blogging for blockchain related companies. Working with various Fintech startups in the past, has aided him to better understand what IT proponents as well as financial Investors look out for.
Slovakia-based cryptocurrency trading platform StockPoint provisions such features as a user-friendly and easy to use trading schematics, reliability, security and state-of-the-art trading instruments for expert investors and crypto newbies.
StockPoint is a European cryptocurrency trading platform designed specifically with the needs and wants of both newbies and expert traders. Originally registered in Slovenia as a fintech company, the StockPoint team has taken it upon themselves to adhere strictly to all of the norms and service regulations governing every crypto exchange platform within its region and global regulatory bodies.
In a bid to counter funding terrorism aside Anti-Money Laundering (AML), the company has as one of its major rules, a requirement from Customers to participate in a Customer Due Diligence (CDD) procedure knows as Know Your Customer (KYC). These measures are in place to verify the authenticity of every Subscriber onto the platform.
The Platform Functionalities
This European Crypto trading platform ships-in with services that are specifically installed into the system to enable a seamless trading methodology between Customers cutting across the different geo-political environs of the world. These include:
Real-time Buy/Sell Order
Just as evident in every crypto exchange, the primary aim of the StockPoint platform is solely to buy and sell cryptocurrencies. The Slovakia-based exchange community currently supports crypto trading to the scale of the top digital tokens been traded as according to CMC which includes: fiat currency (USD) and stablecoinTether (USDT) added to BTC, ETH, XRP, LTC, DASH, BCH exchange trading.
Just as is slated on the StockPoint.io about page, the platform completely indemnifies itself from customer losses as it specifically states:
”StockPoint platform does not buy anything, does not sell anything and can in no way influence currency pair rates. StockPoint takes a certain percentage of the transaction amount of users, as a commission for ensuring the safety and convenience of trading. StockPoint is available 24/7 without weekends and holidays.”
Two-Tier Trading Mode
StockPoint grants every user the ample opportunity to choose from an option, the type of trading mode they would like to take part in. This two-tier mode of trade is tailored to suit experienced users as well as users who simply do not have enough time or desire to understand every aspect of the trading process. These trading modes permissible on the platform, both has its own advantages depending on the level of exposure of the Investor as listed below.
The Exchange Mode
The “Exchange” mode is recommended for Users who intend to buy into cryptocurrency, as a store of value over time. It’s proposed for Customers who are not yet experienced or interested in the in-depth workings of the trading platform.
The like of Users who fathom that they can predict changes in exchange rates and want to make money on it, it is pertinent to note that there are no fixed exchange rates on the StockPoint platform since the exchange procedures map its rates in correspondence to the real-time value of orders in the “Trades section.”
The Trading Mode
The “Trading” mode is explicitly fashioned for those Users who are already familiar with the pros and cons of established trading platforms. Precisely for such Customers who would want to buy or sell cryptocurrency/Fiat money, and who’s very interested in trading, as well as in additional tools for in-depth trading.
Affiliate Network Trading
The platform introduces a new stream of commission-based trading capabilities benign to adroit and amateur Investors. Subscribers to the StockPoint ecosystem could benefit from third-party trading by attracting participants to the StockPoint service. This works in semblance to a Referrer as it is initiated when a Customer shares their affiliate links to any individual or company that intends to sign up with the StockPoint Trading Community.
The European Trading Platform For Newbies
Permitting such platform serviceability as simply converting fiat into cryptocurrencies, StockPoint takes into considerations the trading of inefficiencies of newbies. This is made possible using a fully secure and transparent Crypto Wallet, fortified by top-notch security protocol better as a two-factor authentication system.
Presently, StockPoint maintains registration with the Estonia government but hopes to expand its reach to a far-more greater horizon in the not too distant future.