Are you investing in Bitcoin? Bitcoin is the most popular cryptocurrency and many investors deem it the investment of the decade. If you have come to our site, there is a pretty good chance that you might be interested in Bitcoin or at least any other type of cryptocurrency, right?
The problem with Bitcoin is that it is very easy to be hacked or to have your money stolen in any other way. With more people using Bitcoin, unfortunately, this type of cybercrime is becoming more and more common. Because of this, many owners of cryptocurrency are interested in finding ways to protect their money from hackers or even offline thieves. How can you do that?
You have to find a product to store your cryptocurrency safely. Luckily, we can help you find the best ones. Today we are going to review a company called Regal Cryptos.
What is Regal Cryptos?
Regal Cryptos is a company that offers protection for your cryptocurrency. Founded in 2003, the company is regarded as the number one cryptocurrency company in Dubai and has been working around the globe for more than a decade.
The service offered by Regal Cryptos is a cryptocurrency wallet for your investments. The main objective of the company’s service is to be completely sure that the clients will have their money stored with all the safety and that they will not lose a single cent of their cryptocurrency.
Because of this, the cryptocurrency keys will be kept in offshore cold storage to ensure that they will be really safe. In fact, they will be so safe that not even you will be able to access them without some actual effort, so you have to be sure that you want to save this money before you can actually hire this service.
How Does Regal Cryptos Work?
Basically, Regal Cryptos offer an offline wallet and cold storage in one of the safest offshore vaults in the world. The company already works with gold and fiat currency for a long time, so it already has a solid structure to keep your cryptocurrency safe.
The private wallet keys that you will use will be generated offline in a facility of the company that is monitored 24/7 and stored within a hardware wallet that will be kept for you The wallet will have the option to use multisig and nobody in the company, not even the internal employees, will see your keys, the company guarantees.
The keys will be stored in what the company claims that is the 5th safest vault in the world, located in an undisclosed country that is cryptocurrency-friendly, so you will not even need to be afraid of the government.
Besides from all of this measures, the company also offers you full insurance against theft. You will be 100% insured in case anything happens (and it probably will not).
How to Invest in Regal Cryptos?
It is very easy to invest in the service of this company. All that you will have to do is to visit Regal Crytpos’ site and then register using your information to ask for a kit. The kit will then be sent to your home address. The company states that the kit will normally take less than seven days to arrive, but it may take more than time depending on your location.
The prices charged by the company are not public, but we know that they charge a flat fee for the service and perhaps some smaller fees with time. If you want to know exactly how much is going to cost you to use the services offered by this company, you will have to call them or email them and talk to them personally.
The Regal Cryptos Verdict
Is this company a good choice for you? If you want to buy cryptocurrency and just keep it for years, yes. This company can actually be perfect for you. Let’s think about the pros and cons.
One of the biggest pros is that this company has an insane security scheme. There are probably almost no other companies that can offer you so much security for your tokens. The fact that this company exists for 15 years and works with gold and fiat currency is a good proof that they are legit and that you do not need to be scared of any type of scam.
If what the company states is true (and it probably is, as they would not get far lying to their clients and they already have history), they have an excellent vault and even insurance, so you can just keep your money protected and be 100% calm about it.
The biggest con is that if Bitcoin loses 30% of its value in a day, for instance, and you want to sell it, you will not be very protected from the market. Cryptocurrency markets are still very volatile and they can make you lose a lot of money in days. The process to get your money back would be slow, so in the event of a market crash, you would not be protected. In fact, you would be more vulnerable.
In the end, it is up to you to decide. This company offers an excellent service, but you should only use it if you intend on keeping your cryptocurrency safe for a long period of time.