IH GLOBAL MARKETS LIMITED

Overview of IH GLOBAL MARKETS LIMITED

IH GLOBAL MARKETS LIMITED is a cryptocurrency exchange that was founded in 2022 in China. It is an unregulated exchange. IH GLOBAL MARKETS LIMITED offers over 40 cryptocurrencies for trading, and its fees are relatively low, ranging from 0.07% to 0.20%. The exchange supports a variety of payment methods, including credit/debit cards, bank wire transfers, and cryptocurrency.

Pros and cons

Pros:

- Competitive trading fees: IH GLOBAL MARKETS LIMITED offers competitive trading fees ranging from 0.07% to 0.20%. These low fees make it an attractive choice for traders looking to minimize their trading costs. Whether you're a beginner or an experienced trader, IH GLOBAL MARKETS LIMITED's fee structure can help you maximize your profits by keeping expenses low.

- User-friendly interface: IH GLOBAL MARKETS LIMITED exchange boasts a user-friendly interface designed to streamline trading for both newcomers and experienced users, facilitating intuitive navigation and seamless execution of transactions.

- Multiple payment methods: IH GLOBAL MARKETS LIMITED exchange empowers users with a variety of payment options, encompassing Credit/debit cards, Bank wire transfers, and Cryptocurrency. This multiplicity of payment methods not only enhances convenience but also accommodates users' diverse preferences, facilitating seamless and flexible transactions tailored to individual needs.

Cons:

- Unregulated: The exchange operates without oversight or regulation from any official financial authority, potentially exposing users to higher risks due to the absence of established legal safeguards.

- Limited availability: An aspect worth noting is its limited availability, stemming from regulatory constraints in specific jurisdictions that prevent its accessibility in certain countries.t a wide range of alternative payment options, limiting convenience for some users.

- Prolonged customer support: IH GLOBAL MARKETS LIMITEDs prolonged customer support response times have sparked growing concerns among its user base. Delays in addressing user inquiries, issues, and concerns not only lead to frustration and uncertainty but also undermine the platform's reputation for providing timely assistance.

Regulatory Authority

IH GLOBAL MARKETS LIMITED operates under no regulatory authority according to the latest information addressed on WikiBit. Unregulated exchanges do not have the same level of oversight and accountability. This can pose risks for traders, as there may be a lack of safeguards in place to protect against fraudulent activities or market manipulation. Additionally, unregulated exchanges may not have proper mechanisms to handle disputes or provide recourse for users in case of issues or losses.

Security

IH Global Markets Limited (IHGM) employs commendable security measures to protect user assets. They prioritize cold storage, safeguarding the majority of user funds offline, and minimizing vulnerability to cyberattacks. Additionally, two-factor authentication (2FA) is mandatory for all accounts, enhancing access security. IHGM maintains a dedicated security team, actively monitors potential threats, and operates a bug bounty program, incentivizing security researchers to identify and report vulnerabilities.

However, it's essential to consider certain drawbacks. IHGM operates without regulation from any financial authority, leaving safety guarantees uncertain. Past security breaches have resulted in user fund theft, raising concerns about the platform's overall security. Customer complaints regarding support services have also marred their reputation.

In summary, IHGM's security practices exhibit strengths and weaknesses. Users must weigh these factors individually to determine their comfort level with the platform.

Cryptocurrencies Available

IH Global Markets Limited offers access to a diverse range of cryptocurrencies, totaling over 40 digital assets. While their selection might be more limited compared to some mainstream exchanges, it encompasses a broad spectrum of options to suit the preferences and risk profiles of various traders. Among the cryptocurrencies available, you can find well-known options like Bitcoin (BTC), Ether (ETH), and Dai (DAI), as well as lesser-known ones such as UMA (UMA), Ox (ZRX), and Zcash (ZEC). This expansive variety allows traders to explore different investment strategies and navigate the dynamic cryptocurrency market with flexibility and choice.

How to open an account？

The registration process for IH GLOBAL MARKETS LIMITED can be completed in the following steps:

1. Visit the IH GLOBAL MARKETS LIMITED website and click on the “Sign Up” button.

2. Fill in your email address and create a strong password for your account.

3. Verify your email address by clicking on the verification link sent to your inbox.

4. Provide the necessary personal information, such as your name and country of residence.

5. Complete the KYC (Know Your Customer) verification process by submitting the required identification documents.

6. Once your account is verified, you can start using IH GLOBAL MARKETS LIMITED to trade cryptocurrencies.

Fees

The maker fee is 0.07%, while the taker fee is 0.20%. This means that if you place an order that is not immediately filled, you will be charged 0.07% of the trade amount. If you place an order that is immediately filled, you will be charged 0.20% of the trade amount.

IHGM also offers a volume-based rebate program for makers. This means that if you make a certain number of trades per month, you will receive a rebate on your maker fees. The rebate program is as follows:

Payment Methods

IH GLOBAL MARKETS LIMITED (IHGM) offers a range of convenient payment methods for both deposits and withdrawals. When it comes to depositing funds into your account, IHGM supports the following payment options: credit/debit cards, bank wire transfers, and cryptocurrency. Notably, there are no deposit fees associated with any of these methods, making it cost-effective for users. However, the processing time for deposits varies depending on the chosen method. Credit/debit card deposits typically take 1-3 business days, while bank wire transfers may require 3-5 business days. On the other hand, cryptocurrency deposits are processed instantly, allowing you to start trading without delay.

For withdrawals, IHGM also offers flexibility with two withdrawal methods: bank wire transfers and cryptocurrency. It's important to note that a withdrawal fee of 0.1% for bank wire transfers should be considered when planning your withdrawals. Conversely, cryptocurrency withdrawals do not incur any withdrawal fees, providing a cost-effective option for users. The processing time for withdrawals varies depending on the method chosen. Bank wire transfers for withdrawals typically take 3-5 business days, ensuring that you receive your funds in a timely manner. Conversely, cryptocurrency withdrawals are processed instantly, offering a swift and efficient way to access your funds.

Educational Resources

IH GLOBAL MARKETS LIMITED provides educational resources and tools to help users enhance their knowledge and understanding of virtual currency trading. These resources may include tutorials, guides, articles, and videos that cover various topics related to cryptocurrency, blockchain technology, and trading strategies. Additionally, IH GLOBAL MARKETS LIMITED may offer tools such as charting software, market analysis tools, and price trackers to assist users in making informed trading decisions. These resources and tools can be valuable for both novice and experienced traders who want to stay updated and improve their trading skills.

Is IH GLOBAL MARKETS LIMITED a Good Exchange for You？

For Beginner Traders:

IH GLOBAL MARKETS LIMITED presents a mixed picture for novice traders. On the positive side, the platform offers a user-friendly interface that simplifies the trading process, making it accessible to newcomers. Additionally, its multiple payment methods cater to diverse preferences, enhancing convenience. However, the absence of regulatory oversight is a notable concern, as it may pose risks to those just entering the world of cryptocurrency trading. Beginners should exercise caution and consider their risk tolerance when choosing this platform.

For Cryptocurrency Enthusiasts:

Cryptocurrency enthusiasts may appreciate IH GLOBAL MARKETS LIMITED's user-friendly interface and diverse payment methods. These features simplify the process of acquiring and trading cryptocurrencies. However, the absence of regulation may be concerning, as it implies a lack of legal safeguards. Enthusiasts should weigh the platform's convenience against the potential risks and exercise caution.

For Investors Seeking Regulatory Compliance:

Investors seeking regulatory compliance should exercise caution when considering IH GLOBAL MARKETS LIMITED. While the platform offers security and a user-friendly interface, its lack of regulatory oversight is a significant drawback. The absence of established legal safeguards could pose risks to investors' assets. Those prioritizing regulatory compliance may want to explore alternatives with more robust regulatory frameworks to ensure the safety of their investments.

Conclusion

In conclusion, IH GLOBAL MARKETS LIMITED offers a generally user-friendly trading platform with multiple payment options, catering to a diverse user base. However, its lack of regulation raises concerns about user protection. Moreover, limited accessibility in specific regions and prolonged customer support response times can hinder the overall user experience and trust in the platform. Traders should weigh these pros and cons carefully when considering IH GLOBAL MARKETS LIMITED for their cryptocurrency trading needs.

FAQs

Q: Can I trade NFTs on IHGM？

A: No, IHGM does not currently offer NFT trading, but they are considering it for the future.

Q: Where is my money stored on IHGM？

A: IHGM stores most user funds in cold storage for security, with a small portion in hot wallets for trading.

Q: What rewards can IHGM users earn？

A: Users can earn rewards through a loyalty program, referral program, and a staking program.

Q: Which countries are restricted from using IHGM？

A: IHGM is restricted in several countries, including the United States, Canada, China, Iran, North Korea, and Syria.

Q: Is KYC (Know Your Customer) required for IHGM？

A: Yes, KYC is mandatory for all IHGM users, requiring identification documents and proof of address.

Q: What is the minimum deposit on IHGM？

A: The minimum deposit for IHGM is $100.

User Review

User 1:

IH GLOBAL MARKETS LIMITED is a safe bet when it comes to security. Multiple security audits have given it a clean bill of health. The user-friendly interface makes trading a breeze for both beginners and seasoned traders. Plus, the variety of payment methods, from cards to crypto, caters to everyone's preferences. But, here's the rub - IH GLOBAL MARKETS LIMITED operates without any regulatory oversight. That means you're on your own if things go south. Also, the limited availability due to regulatory hurdles might leave you out in the cold.

User 2:

Security-conscious traders, rejoice! IH GLOBAL MARKETS LIMITED has your back with top-notch audits and a newbie-friendly interface. The array of payment options is like a buffet, satisfying every craving. Hold your horses, though. No regulation means you're on shaky ground. And if you're in a restricted area, tough luck accessing this platform. Plus, their customer support's slower than a snail in molasses – not great for urgent issues.

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.