StormGain Trading Platform
In 2022, traders’ requirements for cryptocurrency exchanges have increased significantly. They have to provide a high level of asset protection and provide a wide range of options for different types of trading. The StormGain platform is fully compliant with these characteristics. It offers five trading tools, a user-friendly interface and the minimum required functionality.
History
The cryptocurrency exchange StormGain originated in 2019. It is owned by StormGain Limited. The organisation is registered in the Seychelles. Reliable information about the platform’s creator and development team was not found. There is no information about the control of the platform by regulators or governments of individual countries. The official website of the exchange has no data on the presence of the license.
Services
Of course, customers of major cryptocurrency exchanges have a list of more extensive trading options available to them. But StormGain exchange does not stand still, it develops and expands the set of trading tools. Today, users of this resource can use:
- swaps;
- spot trades;
- margin transactions;
- derivatives transactions.
The number of tokens on the platform is minimal – just 11 digital coins. The total number of trading pairs is 20. However, all of today’s popular cryptocurrencies are available: BTC, ETH, LTC and BCH. They can only be exchanged for USDT. There is no possibility to top up your account with fiat money.
Transaction reports are available in myAlpari. The client can analyze which transactions were successful and which actions on the cryptocurrency market led to losses. Trading training is provided for newbies. The site’s developers have posted several videos explaining in plain language how an inexperienced player should behave in exchange trading.
Because StormGain is a young cryptocurrency exchange, it introduces a lucrative referral program to attract new users. There are also welcome bonuses and opportunities to participate in mining digital assets. In a special section, a weekly topical selection of news from the world of the crypto industry with opinions and forecasts of analysts is published.
Features
Despite being a relatively new platform, StormGain provides customers with the necessary functionality for trading. In particular, it is possible to swap, i.e. convert digital assets quickly. The platform trades two tokens linked to precious metal prices (gold and silver). There is 2-factor authentication to protect the accounts. The personal account can be easily linked to a phone number or email address.
On StormGain’s website, users can not only learn how to trade, but also try out several trading techniques. A demo account is available for this purpose. It provides the same options as the basic counterpart. The website has a support desk and a feedback function is implemented.
The main advantage of StormGain is complete decentralization. With a rather large range of options, the cryptocurrency exchange has introduced several additional services (training, loyalty programs, etc.). However, there are more and more negative reviews of the resource. These include excessive withdrawal fees and problems with mining. For example, when mining BTCs, some accounts are arbitrarily blocked by the site’s management. Given the above information, it is recommended to start trading on StormGain with small amounts.