What Is WiseBitcoin?
Wisebitcoin is a cryptocurrency exchange that is specialized in margin trading with the aid of professional charts. The company was created in 2018 and it states that it charges low fees while being fast and preserving the safety of your funds and having an excellent customer service. Wisebitcoin is a part of the Land Prime Group.
On the platform, you can trade fiat currency for tokens. The fiat currencies accepted are USD, EUR and JPY and the tokens are BTC, BCH, ETC, ETH and XRP. You can also trade cryptos for cryptos, which gives you more options of coins that you can buy.
You can trade while using your browser to access the site or you can do it via your smartphone by downloading the Wisebitcoin app which is available for both Android and iOS users.
WiseBitcoin Cryptocurrency Margin Trading Exchange Features
This company is specialized in what is known as margin trading. While you can normally only start with a buy order, this option enables you to start with a sell order to open. This means that you can take advantage of how the market works during volatile periods (which are frequent in this market). Margin trading also lets you make leverage trading, but you should be careful when using leverage.
The Wisebitcoin platform is optimized for crypto trading and uses the MetaTrader5 platform that allows you to make actions (sell, buy, open position, etc) with the click of only a single button. It also has an autotrade function.
How To Use WiseBitcoin?
You will be able to use two types of accounts on Wisebitcoin. Live or demo accounts. The demo accounts, as the name states, are only demos. To open a real account, you have to fill in your information, sign the customer agreement and the additional risk disclosure. Then, you have to deposit at least $5 USD on the platform.
The documents that you need include an ID with photo and a proof of address. In case you are representing a company, you may be asked for more documents. After these procedures, you will have to confirm your email to start trading.
The demo account can be used to test your strategies before you actually start to invest for real and it allows you to not risk your money so much.
To trade, you need funds, so you will have to deposit money via wire transfer, e-wallets like Skrill and Neteller, credit card (Visa and MasterCard) or make a Bitcoin deposit. Whenever you want you can withdraw your money paying a small fee for the service.
The WiseBitcoin Affiliate Program
Wisebitcoin has an affiliate program that you can use to get benefits from the company or to grow a business by supporting the site. You can do a number of things to participate in the program, for instance, you can advertise using banners that will make you get money from the people investing in the company.
Other features of the affiliate program are the opportunity to create your own branch office, a personalized affiliate site to optimize your business and white label solutions.
Wisebitcoin is an interesting cryptocurrency exchange that has a decent portfolio of tokens from you which you can choose to buy or sell and looks to be somewhat accessible. If you are interested in margin trading and leverage trading, then you probably will have a certain interest in Wisebitcoin and you should at least give it a look.