StormGain Review: Is It Worth It?
StormGain Review
In this StormGain review, we will give you everything you need to know about StormGain. Let's dig into their security, fees, customer support, and trading platform.
Background And History
StormGain is an online cryptocurrency trading platform designed for everyone. The platform offers a solution available to those looking to profit from profit or loss across the cryptocurrency market and from long-term investments in crypto assets.
The platform supports trading in the most popular and most capitalized currencies with a multiplier of up to 300x. Investors can also simply invest with buy and hold strategies.
StormGain was founded in July 2019 and is based in London, England. Despite the youth of the Company, the countries supported include China, France, Germany, Italy, Poland, Portugal, Russia, Spain, the Netherlands, Turkey, the United Kingdom, and Vietnam.
Key Features
The platform offers a range of order types and provides a range of trading tools to support the beginner to the more experienced trader.
While many cryptocurrency trading platforms have strict and sometimes restrictive KYC requirements, StormGain provides an easy account opening process to allow traders to take advantage of the considerable multiple leverages on offer.
Investors and traders trade through the cryptocurrency market through cryptocurrency futures contracts.
The key attributes of the StormGain platform, which can be described as an all-in-one trading solution, include:
- Crypto Cloud miner.
- Deposit bonuses (25 USDT for deposits from $100)
- Interest on deposits (12% of the amount deposited)
- Crypto wallet
- Crypto exchange
- Currency pair trading with a multiplier up to x300
- Educational platform
- Official sponsor of Lazio Fútbol Club
- An easy-to-use interface.
- Attention to the client 24-7.
- 0% swap for day trading.
- Loyalty program
- A 50,000 USDT Demo account.
StormGain not only stands out against its main competitors due to the considerable multiples on offer but also due to the interest paid and the competitively low fees and commissions.
Deposit & Withdrawal
For investors and traders looking to deposit or withdraw funds from StormGain, withdrawals are restricted to cryptocurrencies. traders can transfer already held cryptocurrencies to their compatible StormGain wallets or purchase with a credit card.
For withdrawals, investors will be able to withdraw cryptocurrencies by transferring their StormGain wallet to another compatible wallet.
StormGain does not support the exchange of cryptocurrencies in fiat money.
For investors looking to withdraw Tether, you can trade your cryptocurrency into USDT before making a withdrawal.
Brokerage Services, Cryptocurrencies And Supported Payment Methods
StormGain provides a trading platform to support cryptocurrency futures trading.
Although email verification is not required, you will also receive an email confirming that your account is open.
At this stage, you will have to make a deposit to start trading and take advantage of the StormGain platform offers.
Please note that credit card purchases are limited to €20,000 or €20,000 for credit card purchases. There is also a transaction fee of 5% or $10, whichever is greater.
For investors and traders who already have Tether, select USDT Deposit to get your USDT wallet address.
For investors and traders who have other cryptocurrencies, select the relevant cryptocurrency deposit option on the right-hand side and follow the same steps as above.
With your StormGain wallet now funded, you are ready to trade.
Details
StormGain offers cryptocurrency futures contract trading and currently supports the following cryptocurrencies:
Bitcoin, Bitcoin Gold, Cardano's ADA, DASH, EOS, Ethereum, Ethereum Classic, IOTA, Litecoin, Monero's XMR, NEM, NEO, OmiseGo , QTUM, Ripple's XRP, Stellar's Lumen, Tether, Tron's TRX, and Zcash.
On the StormGain platform, the appropriate risk management tools are provided to enable investors and traders to manage risk.
Risk management tools offered include:
- Stop loss
- Take Profit
- Cryptocurrency forecasts are delivered by StormGain specialists every few hours.
- Technical indicators.
A minimum deposit of 50 USDT is required to start trading and there is a minimum trading threshold of 10 USDT. With a deposit of 10 USDT, an investor or trader is able to use a multiple of up to 150x, making the trade worth 1,500 USDT.
It is worth noting that while the use of leverage improves profits, it can also materially increase losses. Proper risk management steps are recommended to avoid significant losses.
Loyalty Program
StormGain also has a loyalty program for investors and traders. There are a total of 5 levels, offering a range of benefits. The status of an investor or trader depends on a combination of the size of the account balance and the trading volume.
The levels are as follows:
- Standard: Account balance less than 499 USDT and no trading volume.
- Gold: Account balance greater than 499 USDT and a trading volume greater than 150,000 USDT.
- Platinum: Account balance greater than 1,499 USDT and a trading volume greater than 750,000 USDT.
- Diamond: Account balance greater than 4,999 USDT and a trading volume greater than 2,250,000 USDT.
- VIP: Account balance greater than 49,999 USDT and a trading volume greater than 7,500,000 USDT.
The benefits include different exchange fees and discounts on trading fees depending on the state. The program also offers a deposit percentage bonus, ranging from 5% to 15% for gold levels up to diamond.
For VIP members, the benefits are individualized.
Interest On Crypto Deposits
StormGain pays investors and traders who have cryptocurrency interest on deposits held in StormGain wallets.
With deposits of between 100 and 50,000 USDT, StormGain pays 10% annual interest on deposits held for a minimum of 30 days.
Interest is calculated daily based on the account balance at 21:00 GMT. The amount of interest is added using the equity method at the time of calculation. In other words, the total remaining balance of all accounts and any bonus funds at the end of the day.
Crypto Trading Signals
StormGain offers trading signals for free. These are helpful recommendations that are developed by StormGain specialists to support traders and investors. Using AI, StormGain specialists use various analytical techniques, including chart analysis, the use of various indicators, technical analysis, and news to produce trading signals.
Investors and traders receive these trading signals every few hours. From a risk management point of view, the provision of precise stop loss and take profit levels are invaluable. StormGain specialists are 70% accurate on forecasts.
Trading Platform
StormGain consists of a multi-interface web-based platform.
The platform interfaces are as follows:
Trade with multiplier
This supports cryptocurrency trading with the use of multipliers on offer.
The interface is divided into sub-categories including Popular, Favorites, All Instruments, Top Winners, Top Losers.
Two options are offered :
- Immediate trade based on market price, or.
- 'At price', where you are able to pre-specify the buy or sell price.
In both cases, you must enter the amount of the operation and the multiplier. You can also manage your risk by selecting your profit or loss.
For traders and investors who are not deterred by the volatility that persists in the crypto markets, there is also the option of 'Auto Increase '. This is a reload mechanism to keep a trade open in case the loss reaches 50%. StormGain automatically invests an additional 50% of the trade amount, deducted from your particular wallet.
Exchange
The StormGain exchange supports trading, buying, and holding cryptocurrencies through pairings on offer.
Again, the interface is divided into sub-categories including Popular, Favorites, All Instruments, Top Winners, Top Losers.
For a market order, simply enter the amount you want to change and select to buy or sell. Remember that StormGain supports buy and sell operations.
For a Limit / Stop order, enter the limit / stop price, the amount you want to change, and then buy or sell, depending on whether you go long or short.
The commission charged is also displayed at the bottom of the order screen.
Instant Exchange
The StormGain instant exchange facilitates instant exchange between cryptocurrencies supported by StormGain.
Simply select the wallet from and to which you want to transfer and the amount to exchange and click on 'Exchange'. If you are exchanging USDT to Bitcoin, your USDT wallet will be debited, with your Bitcoin wallet credited based on the fee provided.
Cloud Miner
Starting December 1, StormGain Cloud Miner offers even more benefits to loyalty program participants. The speed of crypto mining increases based on the status of your loyalty program. Cloud mining speed coefficient starts at x0.5 for standard users, increasing for Gold (x1), Platinum (x3), and Diamond (x12) members, up to x530 at the highest VIP level.
Miner: Cloud Miner is hosted on the StormGain remote cloud servers, which means it doesn't drain your processor, drain your battery, or affect the normal use of your device at all. Best of all, it's completely free.
The StormGain Cloud Miner does not charge any fees, which eliminates the risk factor of unknown ROI. Because StormGain knows that more crypto for customers means more trades, each StormGain user can participate in cloud mining at no cost to them.
Fees
Fees vary depending on the cryptocurrency pairing being traded. These range between 0.15% and 0.5% for an individual position.
The instantaneous exchange rates and minimum exchange sizes are as follows:
Crypto Trading Commissions, minimum and maximum multiples, and swap Buy and Swap Sell the daily rates are as follows:
Consider the variables by asset class, these being averages of commissions, maximum multiples, and daily swap sale rates.
To take advantage of the full multiplier 300 x, trading BTC / USDT offers traders access to the complete manifold. It also has among the lowest commission averages per trade.
The fees for deposits and withdrawals are summarized as follows:
Please note that although there are no deposit fees, there are minimum deposit requirements. The withdrawal fee is a fixed 0.1% regardless of cryptocurrency, although there is a minimum withdrawal amount that varies by crypto.
Wallets
Portfolios built on StormGain provide investors and traders a simple way to protect, manage and exchange funds.
A total of 6 crypto wallets are offered that are compatible with the large number of cryptocurrencies that StormGain supports. By offering multiple wallets, StormGain ensures that investors and traders can keep all crypto assets in one place.
To start trading on the StormGain platform, investors and traders will have to go through the registration process and deposit assets.
By hardening security, StormGain uses industry-leading security protocols and strong encryption to protect users from cyber fraud. This includes the use of 2-factor authentication and cold wallets.
It's also worth noting that the built-in wallets are free.
Privacy & Security
StormGain offers traders and investors a platform with a strong focus on privacy and security.
Wallet Security: StormGain provides cold wallets to protect investor and trader crypto assets from theft. Cold wallets are offline, making them inaccessible to hackers over the Internet.
2 Factor Authentication (2FA) - An essential added security. StormGain traders and investors should use Google's Android or iPhone app to add a one-time password ("TOTP") two-factor authentication confirmation each time they log in or request a withdrawal.
Customer Support
StormGain has a 24/7 customer helpline.
Video tutorials are also available to provide support. In case the video tutorials do not answer the question, there is a customer service number and an email address, with 24/7 support provided.
Accepted Countries
Stormgain accepts worldwide clients except for the following countries:
United States, Canada, Japan, Guyana, Lao PDR, Vanuatu, Uganda, Ethiopia, Sri Lanka, Trinidad and Tobago, Tunisia, Iran, Afghanistan Iraq Sudan Bosnia and Herzegovina North Korea Syrian Arab Republic (Syria) Burundi Lebanon Tunisia Central African Republic Libya Yemen Congo, the Democratic Republic of the Mali Zimbabwe Egypt Myanmar Guinea Nicaragua Guinea-Bissau Serbia Haiti Somalia Iran, Islamic Republic of South Sudan.
StormGain Pros & Cons
StormGain: Pros
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Customizable layouts
-
Free indicators
-
Leverage options up to 300x
-
Professional charts
- 24/7 support
- Crypto Cloud Miner
- Interest on deposits
- Educational platform
- 0% swap for day trading
- Loyalty program
- 50,000 USDT Demo account
StormGain: Cons
- Unregulated platform
- Doesn't support crypto to fiat exchange
- Doesn't accept clients from two of the largest crypto markets (U.S. and Canada)
StormGain Review: Verdict
After our StormGain review, we've concluded that, although relatively new, StormGain is a very promising platform.
StormGain offers a lot of features, including a Cloud Miner which has attracted a lot of clients, the platform is very intuitive, and has a helpful 24/7 customer support.
It also offers one of the highest leverage options in the market (300x) which as you should know, can ber extremely profitable, but also extremely dangerous.
After signing up for StormGain you'll get access to free indicatos, professional charts, education material, and a 50,000 USDT Demo account which is great to get used to trading without losing any real funds.
You can also enjoy a profitable loyalty program and earn interest on your deposits.
On the downside, StormGain is unregulated in most countries and it's unavailable for users from various countries, including the U.S. and Canada.
Use the link below and get our StormGain Promo Code!
