Wisebitcoin is pleased to announce that their pioneering cryptocurrency trading platform is now up and running. The platform utilizes the MT5 trading engine, and has earned the distinction of becoming the first ever crypto trading platform with leverage levels that may extend up to 20:1.
The team behind the creation of this start-up have a wealth of experience in the margin trading industry and are now applying their expertise to the cryptocurrency domain.
While cryptocurrency trading commonly begins solely with a buy to open order, margin trading allows the traders to open orders by either buying or selling. This means that depending on their views, the traders can take advantage of the market’s volatility by taking short or long positions.
Moreover, margin trading also allows taking more cryptocurrency positions compared to the funds in the margin account. Though extremely profitable and popular, experts suggest a cautious approach to trading with the margin accounts, because if the trader’s equity drops below the minimum required margin, excessive leverage may lead to losses.
Wisebitcoin has built a user-friendly platform where traders thrive in a sound and secure trading environment. The primary areas of emphasis for this platform are fast and secure executions and proactive customer service. The company has partnered with several global cryptocurrency exchanges to offer the industry’s most reliable and secure trading environment.
Wisebitcoin has already adopted a plethora of popular cryptocurrencies including Bitcoin, BitcoinCash, Ethereum, Ethereum Classic, Litecoin, Ripple, Dash, Augur, Gnosis, Melon and many others. They also have over 40 names in the trading venue.
Some of the most important features of Wisebitcoin include:
- Leveraged trading and long or short positioning
- Anywhere from 1:1 to 20:1 leverage levels, depending on the instruments
- The option to either buy or sell to open
- Deposit and withdrawal via bank wire, e-wallet, credit card, or crypto
- Universally standardized MT5 Mobile/Webtrader/Download
Wisebitcoin currently offers three different types of product groups:
- Crypto Currency 5d: Ideal for short-term momentum traders using highly liquid major coins
- Crypto Currency 7d: Suitable for Alt Coin traders and long-term investors in major coins
- Token Trading: Great choice for Bitcoin/Ethereum holders using the service for margin requirements to facilitate long/short positions in a larger selection of coins
Wisebitcoin is part of Land Prime Group, which owns well established financial institutions including Land-FX UK, Land-Liquidity, Land-FX of St Vincent and Grenadines. With subsidiaries all over the world, the group is known for its emphasis on safety and soundness in FX margin trading.
With their support, Wisebitcoin has built a team of top notch engineers and developers to meet the ever increasing demand for online security and reliability.
A senior spokesperson from Wisebitcoin claims:
“For the first time in the industry, our platform is exclusively designed to facilitate the needs of Cryptocurrency trading in a way no other margin trading exchanges have before. With such exclusivity, we are confident that we can help our users trade without any friction.”
Wisebitcoin is the first ever crypto trading platform with leverage levels up to 20:1. This user-friendly platform allows traders to take advantage of the global blockchain market’s rapid growth and offers a sound and reliable trading environment with an emphasis on fast and secure execution and customer services.