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Cryptocurrencies are one of the hottest trends nowadays, with the financial markets constantly buzzing about one crypto or the other. It was in 2009 that the first cryptocurrency was introduced. Today, Bitcoin is the leading cryptocurrency in the market and enjoys massive popularity that no one could have imagined back then. Thousands of people from all over the world have profited from the crypto space and many more are moving towards their market in order to get a piece of the pie. There are plenty of options to be found these days, which means there is no shortage of opportunities.
However, it is necessary to bear in mind that your choice of trading platform can make a big difference in how you fare in the crypto market. With the right platform, you will be able to make secure and easy trades and achieve your goals, but with a shady and unreliable platform, you could expose yourself to a great deal of risk. Therefore, it is vital to be cautious and weigh your options carefully before you finalize your choice. Rather than opting for a general trading platform, it is better to choose one that’s dedicated to cryptocurrency trading.
Such brokerages do exist nowadays, given the rising demand of cryptocurrencies, so you will not have any trouble in finding one. Neuer Capital also falls in this category, which is operating out of the United Kingdom, and is catering to global traders from different levels and background. How does this platform facilitate crypto trading? Here is a close insight into this option for your reassurance:
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Asset index
The asset index of a brokerage is its most crucial feature because you need to know exactly what you can trade. Neuer Capital offers cryptocurrencies, but which ones? You need to ensure that it offers you solid and profitable options, or else there would be no reason to choose them. Some of the crypto projects are new in the market and may not be the best options to begin with. You want reliable and proven options and you will find those available here. You can choose to trade a horde of crypto, including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash, EOS, Ripple, NEO, Monero and more. This gives you many options to spread out your investment and make profits with even the smallest movements.
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Trading platform
How will you trade? This is where a trading platform comes in, which refers to the software used for executing trades in the market. Brokers tend to offer different trading platforms and Neuer Capital has developed their own version for its clients. You will find a web trading platform available, which means no downloading or installing. It is accessible through the browser, which means no muss, no fuss. When it comes to functionality, it boasts a responsive and user-friendly interface that makes it easy to navigate.
You can enjoy features like one-click trading, which allows for fast trading executions. There are charting tools available that can come in handy and various fundamental and technical analysis tools. You will also find price alerts given in real-time and trading news is also provided regularly, so you can keep up with the market. Neuer Capital has also made their platform compatible with all devices, whether you wish to use it on your laptop, PC or your smartphones. It works on both Android and iOS and delivers a smooth performance.
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Security infrastructure
In today’s day and age, everyone is familiar with the security risks associated with doing anything online. These risks are magnified when you are trading because you have to share your personal information and your money with a broker in order to do so. Hence, you want to minimize this risk as much as possible, and to do so, it is a good idea to check the security infrastructure of the platform. Neuer Capital has a privacy policy that confirms that your information is not to be shared, sold or rented without your permission.
Their website is SSL (Secure Socket Layer) secure, which means all data and information is immediately encrypted to keep it away from third parties. They have a team that’s constantly testing their platform to close any loopholes or vulnerabilities. Their servers are kept in secure locations and no unauthorized individual can gain access to their systems. As far as funds are concerned, they are kept offline, in cold storage. Only 5% are kept on the platform and even those are not easily accessible.
Moreover, Neuer Capital has also opted to use AML and KYC, which are Anti-Money Laundering and Know Your Customer, policies for creating a safe trading environment. This means that traders are asked to give documentations for proof of ID, proof of residence and proof of payment, before they can make any financial transactions through their platform.
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Deposits and withdrawals
To be able to trade cryptocurrencies, you will have to invest some money and this requires you to know what payment channels are open to you for adding your funds and, also for withdrawing them later on. You need to confirm that you have options that are easy to use. Neuer Capital has added various choices, so their clients are not inconvenienced. They allow you to use bank wire transfers, one of the oldest options in the books. You can use debit and credit cards, if you are looking for quick solutions. They support Maestro, Visa and MasterCard.
Along with these two channels that we are writing about in this Neuer Capital review today, Neuer Capital has also added e-wallet solutions like Neteller, which allow you to transfer payments online. You just need to remember to use the same methods for deposits and withdrawals. Processing time of transactions also varies, depending on the channel you opt for.
Ending Thoughts
You can also find various account options available to you at Neuer Capital. They have also made the effort to add some educational resources for your guidance and their customer support is also robust in order to help you at every step of the way. They can be a good partner for starting crypto trading and making the most of it.
