If you are thinking about starting crypto trading, you are not the only one. Individuals are finding themselves in an unknown world filled with fear of the Covid-19 pandemic; in addition, many are looking for financial stability through different means.
However, trading is a risky endeavor, and one should take precautions when embarking on this journey. Hundreds of crypto brokers offer to make the experience easy, especially for new traders. But you need to consider a few important points before choosing the ideal broker.
The brand Dripcoin has popped up on our radar, and we will review their features to determine their suitability as a crypto broker.
About the brand
Dripcoin is an online crypto broker that allows the trading of digital assets via its web-based trading platform. Security is a top priority for the brand, and they aim to keep funds and information safe with their private security system.
Furthermore, the brand aims to provide a sense of community by offering knowledge and guidance; in addition, they provide personal assistance with the help of dedicated account managers.
Trading platform
Dripcoin offers trading via a web-based platform developed with cutting-edge functionality. The platform is accessible via a web browser; however, they do not provide a mobile application.
The platform has multiple charts which enable you to monitor various assets simultaneously. Furthermore, the platform is equipped with essential tools to execute trades at high speed.
Withdrawals
Dripcoin allows withdrawals via multiple methods, and you can use cryptocurrency, credit card, or wire transfer. Withdrawals are processed only through the same method used to fund your account, and this is to ensure compliance with the AML policy. Dripcoin requires verification of information upon request, to ensure funds are returned to the legal owner. The minimum withdrawal option via credit card is 100 USD / GBP / EUR, and for wire transfer, the minimum is 250 USD / GBP / EUR. Dripcoin aims to process withdrawals quickly; however, withdrawals via credit card or wire transfer can take up to 14 business days – but they usually don’t.
Security
Dripcoin uses next-generation solutions and comprehensive policies to ensure the safety of funds and information. Their policies include compliance with AML rules to prevent malicious activity. In addition, new clients are required to pass the personal verification process when opening a trading account. Furthermore, they require payment verification in the form of a scanned photo or copy of the credit card and additional documentation to support the process – all in order to ensure adherence to the strictest security policies.
Summary
Dripcoin’s platform is state-of-the-art and allows for a pleasant user experience. The broker has ensured that clients’ funds and information are well protected by adhering to strict policies. Dripcoin has a transparent withdrawal policy that stipulates requirements to allow for a quick process. The brand has provided many features to support its commitment to clients and this is why it can be considered a reliable crypto broker for newbie and experienced traders.
Dripcoin Overview
Product Name: Dripcoin
Product Description: Dripcoin is an online crypto broker that allows the trading of digital assets via its web-based trading platform. Security is a top priority for the brand, and they aim to keep funds and information safe with their private security system. Furthermore, the brand aims to provide a sense of community by offering knowledge and guidance; in addition, they provide personal assistance with the help of dedicated account managers.
Brand: Dripcoin
Offer URL: https://dripcoin.io
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Trading Platform
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Assets
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Accounts
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Customer Support
Summary
Dripcoin’s platform is state-of-the-art and allows for a pleasant user experience. The broker has ensured that clients’ funds and information are well protected by adhering to strict policies. Dripcoin has a transparent withdrawal policy that stipulates requirements to allow for a quick process.
Pros
- Intuitive web-based trading platform
- Informative blog with educational resources
- Advanced safety and security protocols
Cons
- The trading platform is not available in an app format
- The withdrawal process can take time
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