Introduction to StormGain Review
Cryptocurrency trading is an emerging domain in the world of finance. Multiple platforms and trading services are helping people gain profits from their crypto wealth. Among these services, StormGain is a leading platform for cryptocurrency trading.
StormGain Exchange Summary
|Support for Fiat Currencies||No|
|Minimum Deposit||50 USD (for credit card deposits)|
|Minimum Deposit||50 USD (for credit card deposits)|
|Withdrawal Fees||Depending on the coin or token|
|Customer Support||Email Support, Live Chat|
StormGain is essentially a cryptocurrency exchange. It is used as a leveraged trading broker by investors and common users around the world. It also has an exclusive built-in wallet with multi-currency support. Being an all-in-one platform, Stormgain offers a wide range of benefits to any crypto trader. Among its several unique features are the exclusive Cloud Miner tool and the lucrative Loyalty Programme.
Stormgain also has a hassle-free login and registration process. In this review of Stormgain, we explore StormGain to determine how legit and safe the platform is.
In this review, the crypto trading platform has been evaluated on the basis of its main functionalities, crypto wallet, trading platform, and much more.
StormGain Review – Main Functionalities
StormGain is a service provider in the crypto space. The platform was established in 2019. The company operates under the crypto trading regulations in Saint Vincent and the Grenadines region. StormGain is yet to be fully regulated and accepted by other crypto-friendly markets in the world. However, it has currently gained significant traction and impressive momentum.
Since its beginning, StormGain has been available to crypto enthusiasts across 100 countries. It has more than 120,000 active users every day. The company is also popularly associated with the Newcastle United Football Club (NUFC) as a sponsor for the 2019-2020 Premier League season. In 2021, StormGain was featured in almost all leading online media publications that promote innovative investment services in the crypto market.
The main functionalities of the online crypto trading platform can be tested out on the demo account as well. StormGain has three main product/service categories, which include:
- Cryptocurrency exchange
- Trading platform
- StormGain Crypto wallet
These three categories are packed with the majority of features and functionalities offered by StormGain. Let’s understand how each of these services works.
StormGain Crypto Exchange
To begin with, StormGain has a full-fledged decentralized exchange for almost every leading cryptocurrency such as Bitcoin and Ethereum. Users can benefit from this best cryptocurrency exchange when leveraged for margin trading and investing. The desktop exchange platform offers a user-friendly experience that comes with a customizable dashboard where the user can browse and view all the rising and falling assets.
StormGain’s instant exchange has an easy process to buy crypto. It can simply use the credit card and allows users to buy digital currencies—most users like this super-quick purchase process by StormGain’s instant exchange. Moreover, the exchange is accessible 24/7 and has reasonable leverage to keep things affordable and cost-saving.
StormGain Trading Platform
Compared to other trading platforms, StormGain offers some unique crypto trading features. Users can choose from 9 time-frames and enable their trades with the maximum computing advantage. Unlike other trading platforms, StormGain can provide access to multiple charting tools simultaneously. It can help users track trends and monitor price movements. The full-screen mode of the platform is also great to view all 40 of the technical indicators, which include third-party plugins from Stochastics and Ichimoku Cloud as well.
As of 2023, users on StormGain can trade more than twenty cryptocurrency futures and smart contracts. These include popular crypto trading pairs such as Neo – Tether (USDT) and DASH – Bitcoin (BTC). Similar to Coinbase and other platforms, the users get the minimum deposit advantage on StormGain. This means that they can buy and hold coins at low prices and gain higher profits over time. The integrated crypto wallet supports around six popular currencies, namely –
- Bitcoin Cash
The web terminal by StormGain works in more than 10 languages, including English, French, Dutch, Italian, Polish, Portuguese, German, and Spanish. The in-platform live chat option is great for resolving trade queries. The video tutorials, in particular, are quite resourceful for new crypto traders and beginners in the market. StormGain is accessible as a website where traders can run it as a web application on their browser apps. It is important to complete the registration form process, which is quick and easy to be able to browse advanced features.
StormGain Crypto Wallets
According to Stormgain reviews, the e-wallet feature is a must-have service for investors and traders. It provides them a secure place to deposit or withdraw their funds on StormGain. Third-party wallets may restrict the cryptocurrency assets that can be withdrawn from StormGain. However, it has an in-built crypto wallet that processes all the deposits and withdrawals easily. This way, investors and crypto traders can smoothly transfer their owned cryptocurrency assets and store them on StormGain-compatible wallets or use the wallet to encash their digital wealth via credit card transactions.
The two main functions of StormGain wallets are deposits and withdrawals:
Deposit: All investors and even small-time traders can deposit real money into the StormGain user account. The wallet lets the user either purchase the Bitcoin by credit card or transfer an already-owned Bitcoin to the StormGain wallet. It also supports the transfer of five other cryptocurrencies. The transfer process of already held cryptocurrencies is faster. Users can also select from the list of cryptocurrency wallets supported and integrated by StormGain. On the right-hand side of the wallet page, there is the option to “Deposit.” Click this option to view all the deposit functions of the wallet.
Withdrawal: For withdrawal, traders can transfer their cryptocurrencies from their StormGain wallet to another wallet. Investors are currently unable to withdraw their cryptocurrencies by transferring them out to bank accounts. One of the main drawbacks of StormGain is that it does not support the exchange of crypto money into fiat money. Also, to withdraw cryptocurrency, it is important to select the wallet only from the listed options. At the right-hand side of the interface, the option for “Withdraw” is available. Here, the user needs to add the destination address of the other wallet. The user can also paste the QR code here.
While withdrawing, it is very important to enter the correct information as there is no retrieval or refund policy on the permanent loss of crypto assets due to incorrect information.
StormGain’s Registration Process
The registration process on StormGain is easy to follow. To open a new user account, visit the StormGain platform on the web or through the mobile app. make sure that your internet connection is stable. While the process takes barely a few minutes, loss of connection can abrupt this process immediately.
Firstly, traders need to provide their valid email address and phone number to register the account. Then, they need to select the digital currencies they want to trade. Currently, the process does not require any ID documentation. It verifies the users based on their trading potential and credit card payments. New users can also test the demo account before registration.
StormGain – User Interface
The website is an all-in-one application, available on the web and as a mobile application. The user interface of the StormGain platform shows all details on the exchange and how to store and trade cryptocurrencies.
The interface makes sure that the traders stay engaged and enjoy their experience. The 24/7 access to push notifications, signals, technical analysis, and charting tools make the interface more user-friendly. The mobile crypto mining interface of the platform is also quite useful.
The website works on Windows and iOS devices. Users can download and install the StormGain mobile application on their smartphones and tablets. The mobile devices and smart devices supporting iOS and Android platforms can run this platform smoothly. StormGain is now available on the Apple App Store and Google Play.
StormGain – Training and Education
The training programs of this website are quite straightforward. It is easy to learn how to trade, even for beginners. The platform offers ample resources to educate the users on the latest and proven methods for earning good profits from the trade.
StormGain enables commissions on crypto trading with a lucrative multiplier. The users can experience leveraged trading for up to 200 times their investment. The higher the investment, the better commissions and high leverage are offered.
Compared to most competitors, StormGain provides attractive commissions and high leverage for beginners. It is affordable to everyone. One should also be aware that this high leverage also leads to multiple losses.
Trading Fees Charged by StormGain
The pricing options are also quite competitive. The trading fees are transparently displayed on the website. For crypto trading, the platform charges commissions and does not support the spreads. On average, every user has to pay for commissions on the USDT and BTC trading pairs in the range of 0.19% and 0.20%. This fee varies on exchange services, where it ranges from 0.095% to 0.25%.
Additional Services by StormGain
The exchange has other services that make it a great hit among crypto enthusiasts:
StormGain’s Loyalty Program
StormGain Loyalty is designed for professional investors and major traders. It has a total of 5 levels, each tier offering a multitude of benefits. The investor or the trader can get to these levels by becoming successful in their activities on the platform. The status of these tiers depends upon a unique combination of trading volume and account balance size.
The Loyalty tiers are reviewed as follows:
- Standard: It is designed for the account balance under 499 Tether (USDT) and zeroes trading volume.
- Gold: It is designed for more than 499 USDT in trading account and more than 150,000 USDT of a trading volume.
- Platinum: It is for users with more than 1,499 USDT account balance and a trading volume of more than 750,000 USDT.
- Diamond: This has the account balance limits of 4,999 USDT or more, with a trading volume of more than 2.25 million USDT.
- VIP: This tier is for the account balance of more than 49,999 USDT, with a trading volume of 7.5 million USDT or more.
The benefits of these programs also include a varying range of exchange commissions, coupled with discounted trading. It also helps users gain a deposit bonus on the funds added, with the percentage starting from 5% and going up to 15%. This deposit bonus benefit is only for members of the Gold to Diamond tiers and not for the Standard Loyalty program. The VIP members, however, can have all the individual deposit bonus benefits.
Bitcoin Miner with StormGain
The website has a separate menu on cloud mining tool of BTC. Here, the user can register and go to a page dedicated to the Bitcoin Miner. Here, the user can click on the “Activate” button and get a bonus for StormGain mining activities.
By repeating these tasks, a user can earn Bitcoin mining rewards every day. As an operation, it helps them increase their mining speed and improves their trading or exchanging capabilities.
Interest on Deposits
With StormGain, users can buy crypto directly on the platform. They can use their credit card or debit card as the minimum deposit is only 50 USDT. With this 50 USDT minimum deposit, they have to pay a 5% commission on the deposit.
A minimum deposit of 50 USDT is required to withdraw funds as well. All deposits are transferred from the Stormgain wallet. This minimum amount is also applicable for withdrawals and set at 50 USDT. The platform charges a 0.1% fee on all withdrawals.
The deposit transactions on the platform usually take up to 30 minutes. It is incredibly easy to withdraw or deposit via the wallets on the website. It is important to note that the platform does not accept PayPal.
On every major deposit, StormGain pays its investors a good bonus interest. It allows users to hold cryptocurrencies on the platform with interest in these deposits. StormGain wallets can calculate deposits ranging between 100 and 50,000 USDT of the user. These deposits are eligible for earning interest at 10% per annum. Based on the deposits held, the traders have to commit for a minimum period of 30 days.
The daily interest calculated is processed at 21:00 GMT on the account balance. This amount of interest is further added with the use of the equity method. In simple terms, the total account balance remaining is used to add the interest as an end-of-day bonus.
StormGain Crypto Trading Signals
StormGain is best known for offering accurate and timely trade signals. It provides this service for free. These signals are quite useful recommendations for developing better results. Stormgain trading experts help users support their investment plans.
Developed with AI, these signals are the work of StormGain specialists that leverage different analytical techniques. These specialists produce high-quality signals from chart-based technical analysis and technical performance indicators to market movement news.
All investors and experienced traders on StormGain receive these trade signals. They are circulated every few hours. It helps them gain a better risk management perspective. The provision of these signals also helps them understand precisely when to issue stop loss or increase profit levels. According to StormGain reviews, StormGain trading signal specialists have registered an accuracy of 70% on their forecasts.
The StormGain platform was founded in 2019. It is a relatively new company in the crypto market. It is not highly regulated. However, almost every authority and trading commission in London is reportedly reviewing the platform for its legitimacy. As a company, StormGain is a member of London’s Blockchain Association. It is recognized as a company regulating its trade via digital assets.
Cryptocurrency brokers, nonetheless, are yet to get familiarized with this relatively new online trading platform. It is highly recommended to check out multiple reviews and investigate before opening an account on StormGain.
As far as privacy is concerned, StormGain mobile app and website is secured and offers transparent in-app BTC mining and investing features. It ensures that the user information is legitimate and protected at all end-points. StormGain also maintains its status as a member of the Blockchain Association of the Financial Commission by providing complete privacy and reliable leverage trading to its users.
The security measures on the platform are robust. User information and transactional data are protected by Two-factor authentication (2FA) via phone number OTP process (SMS) or Google Authenticator. This protects the StormGain accounts from cyber-attacks. As a broker, the platform also makes sure that most of its holdings are stored in cold wallets, which are offline storages that can securely protect all digital assets.
StormGain Review – Trading Hours & Customer Support
The demo account on this platform showcases the information on the trading hours and also enables some customer support features, reviewed below:
Trading Hours: Being a 24/7 platform, StormGain is accessible for executing trades at all times. Experienced traders can use desktop and mobile devices to start investing in digital assets. Unlike other traditional financial tools, this platform can handle large volumes, even on the weekends.
Customer Support: The support hub on StormGain provides technical assistance. It addresses the technical queries and explains the workings of the StormGain platform. StormGain’s support team is using the latest technologies to solve user problems. Their fast live chat service is currently available in English and Russian languages. The same support can be accessed via telephone, telegram, and email.
Based on the review, the customer support features of the platform are positive. The feedback from the clients is great, and the support team has enough hands-on experience to help traders, even while testing on the demo account.
Key features of the StormGain platform
- Easy to Use
- User friendly interface
- 24*7 Customer Support
- Low fees
- Free Stormgain mining Rewards
- Loyalty Program
- Demo Account & Islamic Account
- Leverage Option
- Mobile Trading: Stormgain App is available for iOS and Android users
StormGain Review – Accepted Countries
StormGain has a strict policy on regional acceptance. It accepts traders and investors from the following countries.
- The United Kingdom
- South Africa
- Hong Kong
Traders who can not use StormGain due to regional acceptance belong to countries such.
- The United States
StormGain – Pros & Cons
|It has an easy-to-use interface, designed to be beginner-friendly.||It has limited research and tools for expert traders and pro investors.|
|It works as an all-in-one mobile and desktop web platform.||The platform is unregulated in most countries.|
|It processes withdrawals instantly.||There are no automated bots available.|
|StormGain provides deposit bonuses on multiple levels.|
|It works great as a crypto cloud mining tool.|
|The trading fees of the platform are significantly low compared to others.|
The Final Verdict on StormGain
According to our reviews, StormGain’s platform is best designed for beginners. It helps newbies trade cryptocurrency with ease. It has the Cloud Miner feature, which is useful for professional investors. As we mentioned in this review, StormGain has the most competitive trading fees. It has good margin trading capabilities, along with multi-currency support. The platform offers several features which were discussed in this StormGain review. This lets you browse advanced features. Simply put, StormGain makes cryptocurrency trade an easy business. In this StormGain exchange review, we aim to provide you with accurate and the latest information. In this article, you can check StormGain website for more detailed and updated information.
Here are the answers to some common questions about StormGain Cryptocurrency Trading: