Bitprime Gold Review – Is it Scam? – Online Broker
Bitprime Gold is an online brokerage platform that offers its users the ability to trade in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. It is an all-in-one platform that is designed for both beginners and professional traders. Bitprime Gold has gained the interest of many traders for its easy-to-use interface, low fees, and high-security measures.
Bitprime Gold was founded in 2017 in New Zealand by Ross Carter-Brown, who has a background in finance and IT. The team behind Bitprime Gold consists of professionals with expertise in finance, technology, and cybersecurity. Bitprime Gold is a registered Financial Service Provider under New Zealand law and is subject to the regulations of the Financial Markets Authority (FMA).
Bitprime Gold Services
Bitprime Gold offers a variety of services to its users, including a trading platform that is accessible via desktop and mobile devices, investment options such as margin trading and futures trading, and multiple payment methods including bank transfers, credit cards, and cryptocurrencies. Bitprime Gold also provides 24/7 customer support via email and live chat.
Bitprime Gold Fees
Bitprime Gold charges a trading fee of 0.5% per transaction, which is relatively low compared to other online brokers. Deposit and withdrawal fees depend on the payment method used and can range from 0% to 5%. Other fees include margin funding fees and overnight financing fees. Bitprime Gold's fees are competitive with other online brokers in the market.
Bitprime Gold Security
Bitprime Gold takes security very seriously and uses multiple measures to ensure the safety of its users' funds. These measures include two-factor authentication, cold storage of funds, and regular security audits. Bitprime Gold also has insurance policies in place to protect against any potential hacks or breaches.
Bitprime Gold User Experience
The account opening process on Bitprime Gold is simple and straightforward, with users being able to sign up within minutes. The user interface is intuitive and easy to navigate, making it accessible to beginners and experienced traders alike. Bitprime Gold's mobile application is also available for both iOS and Android devices, allowing users to trade on the go. The website performance and speed are fast and reliable, ensuring that users can trade without any interruptions.
Bitprime Gold Reputation
Bitprime Gold has received positive reviews and feedback from its users, with many citing its ease of use, low fees, and high-security measures as reasons for choosing the platform. Bitprime Gold has also won awards and recognitions for its services, including being named as a finalist in the 2019 New Zealand Hi-Tech Awards. Bitprime Gold has also been featured in various media outlets, including Forbes and The New York Times.
Bitprime Gold Pros and Cons
- Easy-to-use interface
- Low fees
- High-security measures
- Multiple payment methods
- 24/7 customer support
- Limited selection of cryptocurrencies
- Limited investment options
- Limited educational resources
Comparison with Competitors
Compared to other online brokers in the market, Bitprime Gold's fees are relatively low, and its security measures are high. However, it has a limited selection of cryptocurrencies and investment options compared to some of its competitors. Bitprime Gold's user interface is also more user-friendly and intuitive than some of its competitors.
Overall, Bitprime Gold is a reliable and secure online brokerage platform that is suitable for both beginners and professional traders. Its low fees, high-security measures, and easy-to-use interface make it a top choice for many traders. However, its limited selection of cryptocurrencies and investment options may not be suitable for all traders.
Is Bitprime Gold a regulated broker?
Yes, Bitprime Gold is a registered Financial Service Provider under New Zealand law and is subject to the regulations of the Financial Markets Authority (FMA).
What are the available payment methods on Bitprime Gold?
Bitprime Gold offers multiple payment methods, including bank transfers, credit cards, and cryptocurrencies.
How long does it take to withdraw funds from Bitprime Gold?
Withdrawal times on Bitprime Gold depend on the payment method used. Bank transfers can take up to 3 business days, while credit card withdrawals can take up to 24 hours.
What are the minimum and maximum deposit amounts on Bitprime Gold?
The minimum deposit amount on Bitprime Gold is NZD 100, and there is no maximum deposit amount.
Does Bitprime Gold offer a demo account for new users?
No, Bitprime Gold does not currently offer a demo account for new users.