Overview of Crypto exchange StormGain

StormGain is a cryptocurrency exchange. Here you can buy crypto from a card, or trade cryptocurrency futures. It appeared on the financial market in 2019 and has quickly started to gain popularity among traders from all over the world.

StormGain

Lately, traders prefer digital platforms that offer a variety of investment tools. This allows them to use several trading strategies and choose the best one at a given moment. All this increases the chances of making profits and reduces the risk of losing money. Crypto exchange StormGain offers five trading tools.

Features of the StormGain exchange

The following features are available on the StormGain crypto exchange:

1. Demo account. Allows you to explore the features of the trading platform and try all the tools without any risk of losing money.
2. Swap exchange. An option with which you can quickly convert coins and tokens.
3. metals. The StormGain crypto exchange has an option to trade multiple tokens pegged to the value of gold and silver.
4. Two-factor authentication. Dual security that allows you to secure your profile.

History of StormGain

The StormGain trading platform was founded in 2019 and is owned by StormGain Limited. The head office is registered and actually located in the Seychelles.

Regulation

It is currently impossible to find information on the internet about any control of the crypto-exchange by government authorities. There is no regulatory or licensing information on StormGain’s official website.

Types of orders

There are two types of transactions available on the StormGain trading platform in 2022:

1. Market. Instant order execution. Prices of market deals are always equal to current quotes.
2. Simplified Stop Limits. While standard Stop Limit order implies setting two price levels, this is slightly different. Simplified version allows you to set only one price level.

Terms of work

The StormGain trading platform is not available to users from the United States. Everyone else can create an account and participate in trading. It’s worth knowing that the amount of commission varies depending on the type of cryptocurrency, as well as the type of transaction being made:

1. trading. In this case, the commission can range from 0.0042 to 0.014% of the transaction amount. Such variation allows the owners of the company to claim zero commission, which in fact is not the case.
2. swap. For swap conversions the exchange takes a commission from 0.095 to 0.25%.
3. orders. For orders crypto exchange commission is from 0.095 to 0.25%.
4. Deposit and withdrawal of funds. For deposits users are charged only network commission. And the platform already charges fixed and additional fees for the withdrawal of funds. Their amount is set individually for each Coin.

Registration on StormGain Marketplace

To start using the crypto exchange, you must first register. This is only possible on the main resource and is done for the safety of users. To open an account, you need to follow a predetermined algorithm:

1. Visit the official StormGain website.
2. Click the “Create an account” button. It is located at the top of the main page.
3. Enter e-mail address and phone number.
4. Think of a strong password.
5. If you have a promo code, enter it in the appropriate field.
6. Agree with the rules and requirements of the trading platform.

After that the trading platform will be available. But to make a deposit you will have to confirm the e-mail address and the phone number. Keep in mind that one user may create only one profile.

The StormGain trading platform offers a wide range of trading features and additional services. Users can watch video tutorials and take tests afterwards. But the high commissions result in experienced traders leaving negative feedback about the exchange. Therefore, it can now only be recommended to those who want to start trading with a small deposit.