BITCOIN STORM-1297399189420

Aspect	Information
Company Name	BITCOIN STORM
Registered Country/Area	China
Founded Year	2018
Regulatory Authority	N/A
Number of Cryptocurrencies Available	185+
Fees	0.10%
Customer Support	Email
	Live chat: https://bitcoinstormapp.io/contact-us

Overview of BITCOIN STORM

BITCOIN STORM, founded in 2018, positions itself as an automated

cryptocurrency

trading software equipped with advanced algorithms to predict Bitcoin market movements. The platform offers more than 185 cryptocurrencies for trading. And it charges a low commission of 0.1% when traders successfully execute a trade.

The platform's sophisticated algorithms analyze market trends, potentially allowing users to benefit from cryptocurrency trading without the need for in-depth expertise. Bitcoin Storm's user-friendly interface is designed to cater to both novices and seasoned traders, offering a smooth experience across different proficiency levels. However, it is important to note that BITCOIN STORM has been verified to be illegal Exchange and all of its licences have been expired, and it has been listed in WikiBit's scam list.

Pros and Cons

Pros	Cons
Easy-to-access demo account	Illegal Exchange listed in WikiBit's scam list
Fast and simple registration process	Not available in all countries
No extra costs or concealed charges

Pros:

- Easy-to-access demo account: This tool allows users to test the platform without risking real money, providing a risk-free environment for individuals to familiarize themselves with the software's functionality and explore its features.

- Fast and simple registration process: BITCOIN STORM underscores a quick and straightforward registration process, aiming to minimize the time and effort required for users to get started on the platform.

- No extra costs or concealed charges: There are no extra costs or concealed charges associated with the platform.

Cons:

- Illegal Exchange listed in WikiBit's scam list: BITCOIN STORM has been verified to be an illegal exchange, and its licenses have expired, and it has been listed on WikiBit's scam list. it's a clear indication that the platform may be engaged in fraudulent activities.

- Not available in all countries: BITCOIN STORM can be accessed in more than 160 countries around the world. Several countries have restricted the Bitcoin storm app and people should check whether this application is available in their country to trade.

Security

BITCOIN STORM has been confirmed as an illegal exchange, with all its licenses reported to have expired. Furthermore, the platform has been officially listed on WikiBit's scam list, signaling a high level of suspicion regarding its legitimacy. These alarming revelations suggest that Bitcoin Storm may be engaged in fraudulent activities within the cryptocurrency space.

Trading Markets

BITCOIN STORM asserts its versatility by purportedly supporting a range of cryptocurrencies beyond the pioneer cryptocurrency, Bitcoin (BTC). According to the claims, the platform includes support for several other digital assets such as Litecoin (LTC), Ripple (XRP), Ethereum (ETH), and Eosio (EOS). This diverse selection of supported cryptocurrencies is presented as a key feature, aiming to provide traders with multiple options to explore, trade, and potentially profit from various assets.

The inclusion of popular cryptocurrencies like Litecoin, Ripple, Ethereum, and Eosio expands trading opportunities for users. Traders may find value in the ability to diversify their portfolios by accessing a broader spectrum of digital assets, each with its own unique characteristics and market dynamics.

How to Open an Account？

To open an account on BITCOIN STORM, follow these steps for a streamlined account creation process.

Step 1: Navigate to the Registration Section.

Locate the registration box at the top of the page. Fill in the required fields with your first name, last name, email address, and phone number.

Step 2: Complete Verification.

After the initial registration, proceed to the verification step. Check your email for a verification link and click on it to complete the connection to the brokerage.

Step 3: Log in and Deposit.

Once the verification is finalized, log in to your account. Initiate the registration process by making an initial minimum deposit of $250, utilizing the payment methods provided.

Step 4: Access the Demo Account.

In the final step, gain access to the platform's demo account. This feature allows you to explore and practice trading strategies risk-free before venturing into live trading.

Is BITCOIN STORM a Good Exchange for You？

BITCOIN STORM is a best platform for both novice and experienced traders who may not have the time to engage in extensive daily trading activities due to its user-friendly interface and artificial intelligence.

The platform's purported suitability for beginners suggests that it offers a user-friendly interface and simplified trading processes, making it accessible for those who are new to cryptocurrency trading. For experienced traders who have limited time for daily trading, Bitcoin Storm is positioned as a solution that allows them to participate in the cryptocurrency market without the need for constant monitoring and active involvement.

However, BITCOIN STORM has been verified as an illegal exchange, with expired licenses, and listed on WikiBit's scam list. It is a strong indicator of fraudulent activities associated with the platform.

Conclusion

In conclusion, the BITCOIN STORM is a free automated trading system. With a minimum deposit of $250, the user can start using live trading to execute the trades. It also offers a demo account that can be used by the beginner to test and get acquainted with the platform.

However, the revelation that BITCOIN STORM has been verified as an illegal exchange, coupled with the expiry of its licenses and its listing on WikiBit's scam list, raises significant red flags about the platform's legitimacy and integrity. These findings serve as strong indicators of potentially fraudulent activities associated with BITCOIN STORM. The combination of an illegal designation, lapsed licenses, and inclusion in a reputable scam list underscores the severity of concerns surrounding this platform.

FAQs

Q: What is the minimum deposit amount required on BITCOIN STORM？

A: A user can open an account with a minimum amount of $250.

Q: What are the trading fees on BITCOIN STORM？

A: It charges a low commission of 0.1% when traders successfully execute a trade.

Q: Is the BITCOIN STORM safe？

A: No, BITCOIN STORM has been verified as an illegal exchange, with expired licenses, and listed on WikiBit's scam list.

User Review

User 1: “I've been using BITCOIN STORM for a few months now and overall, I'm impressed with the security measures they have in place. The two-factor authentication adds an extra layer of protection to my account, and I appreciate the option to use cold storage for my funds. Their customer support has also been responsive whenever I had questions or issues. However, I wish they had more cryptocurrencies available for trading, as the options are somewhat limited. Additionally, the interface could be more user-friendly, especially for beginners like myself. Lastly, the trading fees are a bit higher compared to other exchanges I've used in the past. Overall, I would recommend BITCOIN STORM for its security features and reliable customer support, but improvements could be made in terms of cryptocurrency options, interface, and fees.”

User 2: “I've had a mixed experience with BITCOIN STORM. On one hand, I appreciate that they are a regulated exchange, which gives me some peace of mind in terms of safety and compliance. The liquidity on the platform is also quite good, allowing me to execute trades quickly and efficiently. I also like the privacy and data protection measures they have in place, as it's important to me to keep my personal information secure. However, I've had some frustrations with their customer support. Responses can be slow, and at times, I felt like my concerns weren't fully addressed. Additionally, the trading fees are on the higher side, eating into my profits. Lastly, the deposit and withdrawal speed is not as fast as I would have liked. Overall, BITCOIN STORM has its strengths in terms of regulation, liquidity, and privacy, but improvements can be made in customer support, fees, and transaction speed.”

Risk Warning

Cryptocurrency exchange

investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments.

Cryptocurrency exchanges

are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.