Singapore
|2-5 years
Suspicious Regulatory License|
High potential risk
https://robinhooddp.com
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The number of the negative comments received by WikiBit have reached 7 for this Exchange in the past 3 months, please be aware of the risk and the potential scam!
It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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https://robinhooddp.com
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Aspect | Information |
Company Name | ROBD Global |
Registered Country/Area | USA |
Founded Year | 2015 |
Regulatory Authority | Unregulated |
Numbers of Cryptocurrencies Available | 30 |
Fees | Maker-taker fee of 0.1% |
Payment Methods | Credit card, bank transfers |
Customer Support | 24/7 live chat, email, phone |
ROBD Global, established in 2015 in the USA, offers about 30 cryptocurrencies for trading in an unregulated environment. The platform emphasizes security and provides 24/7 customer support via live chat, email, and phone. Fees vary based on trading features, including a 0.1% maker-taker fee for spot trading, variable interest rates for margin trading, staking fees, and varied fees for derivatives trading and cryptocurrency withdrawals. Accepted payment methods include credit cards and bank transfers, with credit card transactions being instant and bank transfers taking 1-3 days. Despite its user-friendly platform, users should be aware of the lack of regulation before using ROBD Global.
Pros:
- Wide range of cryptocurrencies available: ROBD Global offers users access to a diverse selection of cryptocurrencies, allowing for greater investment opportunities and portfolio diversification.
- Low transaction fees: The exchange ensures that customers can trade virtual currencies at affordable rates, reducing costs and increasing potential profits.
- Multiple payment methods supported: ROBD Global accepts credit card and bank transfers, providing users with convenient and flexible payment options.
- 24/7 customer support: The exchange offers round-the-clock customer support via live chat, email, and phone, ensuring that users can receive assistance and resolve any issues at any time.
Cons:
- No specific regulatory authority: Unlike some other virtual currency exchanges, ROBD Global does not operate under the oversight of a specific regulatory authority. This may raise concerns about transparency and consumer protection.
Pros | Cons |
Wide range of cryptocurrencies available | No specific regulatory authority |
Low transaction fees | |
Multiple payment methods supported | |
24/7 customer support |
ROBD Global operates as a virtual currency exchange without a specific regulatory authority overseeing its operations. This lack of regulation may pose certain disadvantages for traders.
One of the main disadvantages of an unregulated exchange is the potential lack of transparency and consumer protection. Without the oversight of a regulatory authority, there is a higher risk of fraudulent activities, market manipulation, and breaches of security. Traders may also face challenges in resolving disputes or seeking legal recourse in case of any issues or losses.
To mitigate these risks, it is important for traders to exercise caution and conduct thorough research before engaging with any virtual currency exchange, particularly those that are unregulated. Traders should consider the reputation and track record of the exchange, as well as the security measures in place to protect user funds.
Furthermore, it is advisable for traders to diversify their holdings and not keep all their virtual currencies in one exchange. This can help minimize potential losses in case of any unforeseen events or issues with the exchange.
ROBD Global prioritizes the security of user funds and employs various protection measures. The exchange utilizes encryption protocols to safeguard sensitive user information and employs strict security measures to prevent unauthorized access to its platform. Additionally, ROBD Global implements two-factor authentication (2FA) to enhance login security and protect against unauthorized account access. It is important for users to also take their own security measures, such as using unique and strong passwords, enabling 2FA, and regularly updating their devices and antivirus software.
ROBD Global offers its users access to a wide range of cryptocurrencies. As of now, the exchange supports a total of 30 different cryptocurrencies, providing users with diverse options for trading and investment. Alongside cryptocurrency trading, ROBD Global primarily specializes in virtual currency exchange services, allowing users to seamlessly buy, sell, and trade various cryptocurrencies. The exchange also provides a user-friendly platform with advanced trading features and tools to enhance the trading experience. However, it is important for individuals to note that the availability of cryptocurrencies and other products or services may be subject to change and they should stay updated with the latest information from ROBD Global.
The registration process of ROBD Global can be completed in six simple steps:
1. Visit the ROBD Global website and click on the “Sign Up” button.
2. Fill in the required personal information, such as your name, email address, and password.
3. Verify your email address by clicking on the verification link sent to your registered email.
4. Provide additional information, including your date of birth, address, and contact details.
5. Complete the identity verification process by uploading the necessary documents, such as a valid identification card or passport, to verify your identity.
6. Once your account is approved, you can start trading and accessing the various features and services offered by ROBD Global.
Fees
ROBD Global's fee structure encompasses various trading features, each catering to specific trading needs. For spot trading, a maker-taker fee of 0.1% applies, favoring makers with lower fees. Engaging in margin trading incurs interest rates on margin loans, varying according to the cryptocurrency and leverage employed. Staking fees are assessed based on staked cryptocurrency and type, while derivatives trading involves fees contingent on derivative type and leverage. Additionally, withdrawal fees are implemented for cryptocurrency withdrawals, differing across cryptocurrencies. This fee structure reflects the diversity of services offered by ROBD Global, accommodating different trading preferences and strategies.
Trading Feature | Fee Description |
Spot Trading Fees | Maker-taker fee of 0.1% |
Margin Trading Fees | Variable interest rates on margin loans |
Staking Fees | Varies based on staked cryptocurrency and type |
Derivatives Fees | Variable fees based on derivative type and leverage |
Withdrawal Fees | Varies depending on the cryptocurrency |
ROBD Global accepts credit card and bank transfers as the primary payment methods. When using a credit card, the transaction processing time is usually instant, allowing users to quickly deposit funds into their accounts. Bank transfers, on the other hand, may take a longer processing time, typically ranging from one to three business days, depending on the individual bank and their policies. It is important for users to consider the processing time when making deposits or withdrawals to ensure timely transactions.
Based on the features and services provided by ROBD Global, there are several trading groups that may find the platform suitable for their needs:
1. Experienced traders: ROBD Global offers a wide range of cryptocurrencies, low transaction fees, and advanced trading features. This makes it an ideal choice for experienced traders who are looking for diverse investment options and want to take advantage of the advanced trading tools and features. These traders can effectively utilize the market analysis, charts, and technical indicators provided by ROBD Global to make informed trading decisions.
2. Crypto enthusiasts: For individuals who are passionate about cryptocurrencies and want to explore different virtual currencies, ROBD Global offers access to a varied selection of 30 cryptocurrencies. This allows crypto enthusiasts to diversify their portfolio and explore new investment opportunities. The platform's user-friendly interface and educational resources also make it suitable for individuals who are relatively new to cryptocurrency trading.
3. Investors seeking low fees: ROBD Global ensures low transaction fees, making it an attractive option for investors who want to minimize costs and maximize their potential profits. The affordable fees enable users to engage in frequent trading activities without substantial financial burdens.
4. Traders seeking convenience: With multiple payment methods supported, including credit card and bank transfers, ROBD Global provides convenient options for users to deposit and withdraw funds. Additionally, the 24/7 customer support ensures that traders can receive assistance whenever they need it, enhancing convenience and peace of mind.
Overall,ROBD Global offers access to 30 cryptocurrencies and prioritizes security with encryption and 2FA. The platform is user-friendly and provides advanced tools, complemented by 24/7 customer support. However, its unregulated status and limited payment methods should be considered.
Q: What cryptocurrencies are available for trading on ROBD Global?
A: ROBD Global supports a diverse selection of 30 cryptocurrencies, providing users with various options for trading and investment.
Q: What payment methods does ROBD Global accept?
A: ROBD Global accepts credit card and bank transfers as the primary payment methods, offering users convenient and flexible options for depositing and withdrawing funds.
Q: What fees does ROBD Global charge for trading?
A: ROBD Global has a fee structure that varies depending on the trading feature, including spot trading, margin trading, staking, derivatives, and withdrawal fees. Details can be found on the platform.
Q: Does ROBD Global offer customer support?
A: Yes, ROBD Global provides round-the-clock customer support via live chat, email, and phone, ensuring that users can receive assistance and resolve any issues at any time.
Q: Is ROBD Global regulated by a specific authority?
A: No, ROBD Global operates as an unregulated virtual currency exchange. This lack of regulation may raise concerns about transparency and consumer protection.
Q: How do I register on ROBD Global?
A: The registration process on ROBD Global involves visiting their website, providing personal information, verifying email address, submitting additional information, completing identity verification, and waiting for approval to start trading.
Q: What educational resources and tools does ROBD Global provide?
A: ROBD Global offers informational articles, guides, tutorials, market analysis, charts, and technical indicators to assist users in understanding virtual currency trading and making informed trading decisions.
Q: Who is ROBD Global suitable for?
A: ROBD Global caters to various trading groups, including experienced traders looking for diverse investment options, crypto enthusiasts wanting to explore different virtual currencies, investors seeking low fees, and traders seeking convenience through multiple payment methods and round-the-clock customer support.
Q: What are the advantages and disadvantages of trading on ROBD Global?
A: The advantages of trading on ROBD Global include access to diverse cryptocurrencies, low transaction fees, multiple payment methods, and 24/7 customer support. However, the exchange operates without a specific regulatory authority, raising concerns about transparency and consumer protection. Traders should conduct their own research and exercise caution when engaging in virtual currency trading.
User 1: I've been using ROBD Global for a while now, and I must say, the security measures they have in place are top-notch. I feel confident knowing that my funds are well-protected with encryption protocols and strict security measures. The customer support is also great, always responding promptly to any queries I have. However, one downside is the lack of regulation, which does raise some concerns about transparency and consumer protection. Overall, though, I'm satisfied with the interface, the range of cryptocurrencies available, and the low trading fees.
User 2: ROBD Global has been my go-to crypto exchange for a while, mainly because of the wide range of cryptocurrencies they offer. I love being able to explore different virtual currencies and diversify my portfolio. The interface is user-friendly, making it easy to navigate and execute trades. The liquidity is also quite good, allowing for smooth and efficient transactions. However, I do wish they had more order types available to cater to different trading strategies. The deposit and withdrawal speeds are reasonable, and I appreciate the exchange's commitment to privacy and data protection. Overall, I've had a positive experience with ROBD Global.
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.
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