Score
Vestle
Cyprus
2-5 years
Investment Advisory License|
High potential risk
https://www.vestle.com/
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C
Influence Index NO.1
Belgium 2.33
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1The number of this Exchange's nagitive field survey reviews has reached 2, please be aware of the risk and the potential scam!
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User Reviews
| Aspect | Information |
|---|---|
| Company Name | Vestle |
| Registered Country/Area | Cyprus |
| Founded year | 2011 |
| Regulatory Authority | Cyprus Securities and Exchange Commission (CySEC) |
| Numbers of Cryptocurrencies Available | More than 50 |
| Payment Methods | Credit/debit card, bank transfer, e-wallets |
Overview of Vestle
Vestle is a virtual currency exchange platform that is based in Cyprus. It was founded in 2011 and is regulated by the Cyprus Securities and Exchange Commission (CySEC). The platform offers its users access to more than 50 different cryptocurrencies for trading. The fees charged by Vestle vary based on the trading activity and the type of account held by the user. In terms of payment methods, Vestle accepts credit/debit cards, bank transfers, and e-wallets.
Pros and cons
| Pros | Cons |
|---|---|
| Wide selection of over 50 cryptocurrencies | Fees vary based on trading activity and account type |
| Regulated by the Cyprus Securities and Exchange Commission | No mobile app for trading on the go |
| Diverse payment options, including credit/debit cards, bank transfers, and e-wallets | Customer support available during limited hours |
Regulatory Authority
The regulatory situation of Vestle includes the following information:
- Regulatory Agency: Cyprus Securities and Exchange Commission (CySEC)
- Regulation Number: 143/11
- Regulation Status: Regulated
- License Type: Investment Advisory License
- License Name: ICFD Ltd.
Security
Vestle prioritizes the security of its users' funds and personal information. The platform implements various protection measures to ensure a secure trading environment. These measures include advanced encryption technology to safeguard user data and transactions. Additionally, Vestle follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to prevent fraudulent activities. The platform also employs multi-factor authentication to enhance user account security. Overall, Vestle takes security seriously and implements robust measures to protect its users' assets and information.
Cryptocurrencies Available
Vestle offers its users access to more than 50 different cryptocurrencies for trading. These cryptocurrencies include popular options such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as a range of other digital assets. In addition to cryptocurrency trading, Vestle also provides various other products and services. These include trading in forex, commodities, indices, and stocks.
How to open an account？
The registration process of Vestle can be broken down into six steps:
1. Visit the Vestle website and click on the “Sign Up” button to begin the registration process.
2. Enter your personal details, such as your name, email address, and phone number in the provided fields.
3. Choose a secure password for your account and agree to the terms and conditions.
4. Verify your email address by clicking on the verification link sent to the email provided during registration.
5. Provide additional information, such as your address and date of birth, to complete the verification process.
6. Once your account is verified, you can log in and start trading on the Vestle platform.
Fee
Vestle charges a maker fee of 0.05% and a taker fee of 0.1% for BTC/USDT trading pairs. For other trading pairs, the maker fee is 0.1% and the taker fee is 0.15%. These fees are charged on a per-transaction basis.
Here is a table of the maker and taker fees charged by Vestle for different trading pairs:
| Trading Pair | Maker Fee | Taker Fee |
|---|---|---|
| BTC/USDT | 0.05% | 0.1% |
| ETH/USDT | 0.1% | 0.15% |
| LTC/USDT | 0.1% | 0.15% |
| BCH/USDT | 0.1% | 0.15% |
| XRP/USDT | 0.1% | 0.15% |
Payment Methods
Vestle offers its users multiple payment methods for funding their accounts and making transactions. These payment methods include credit/debit cards, bank transfers, and e-wallets. The processing time for these transactions may vary depending on the chosen payment method and the specific circumstances. It is recommended to check with Vestle directly or refer to their website for more detailed information on the processing times associated with each payment method.
Is Vestle a Good Exchange for You？
Based on the features and offerings of Vestle, there are several trading groups that may find the platform suitable for their needs.
1. Experienced Traders: Vestle offers a wide selection of over 50 cryptocurrencies, making it an attractive option for experienced traders looking to diversify their portfolios. The platform also provides advanced trading tools and technical analysis features, allowing experienced traders to execute their trading strategies effectively. Additionally, the availability of other financial instruments such as forex, commodities, indices, and stocks expands the trading opportunities for these traders.
2. Beginners: Vestle offers a user-friendly interface and provides educational resources, tutorials, and videos to support beginner traders in understanding the basics of trading and financial markets. The demo account feature also allows beginners to practice their trading strategies without risking real money. The platform's diverse payment methods make it convenient for beginners to fund their accounts and start trading.
5 ratings