Bitprime Gold Review – Is it Scam? – CFDs and Real Cryptos

Introduction

Cryptocurrency is a digital currency that has gained popularity worldwide due to its decentralized nature. Cryptocurrency trading has become a lucrative investment opportunity for many individuals. As the demand for cryptocurrency trading platforms increases, it is important to review these platforms before investing. In this article, we will review Bitprime Gold, a cryptocurrency platform that offers CFD trading and real crypto trading.

What is Bitprime Gold?

Bitprime Gold is a cryptocurrency platform that offers CFD trading and real crypto trading. It was founded in 2017 and is based in New Zealand. The platform allows users to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Bitprime Gold aims to make cryptocurrency trading accessible and easy to use for everyone.

Bitprime Gold CFD Trading

CFD stands for Contract for Difference. CFD trading is a way of trading financial instruments without owning the underlying asset. Instead, traders speculate on the price movement of the asset. CFD trading on Bitprime Gold allows users to trade cryptocurrencies without owning them. This means that users can benefit from price movements without having to worry about storing the cryptocurrencies.

Advantages of CFD trading include the ability to trade on margin, which allows users to leverage their trades. This means that users can increase their potential profits, but it also increases the potential losses. CFD trading is also a flexible way of trading, as users can go long or short on an asset, depending on their market outlook.

On Bitprime Gold, CFD trading works by selecting the cryptocurrency that the user wishes to trade, choosing the amount to invest, and selecting the leverage. The user then chooses to buy or sell the cryptocurrency, depending on their market outlook.

Bitprime Gold Real Crypto Trading

Real crypto trading on Bitprime Gold allows users to buy and sell cryptocurrencies directly. This means that users own the underlying asset and can store it in a secure wallet. Real crypto trading allows users to benefit from the long-term potential of cryptocurrencies, as well as the short-term price movements.

Advantages of real crypto trading include the ability to own the asset and store it securely. This means that users have control over their investments and can benefit from any future price increases. Real crypto trading is also a transparent way of trading, as users can see the actual market price of the cryptocurrency.

On Bitprime Gold, real crypto trading works by selecting the cryptocurrency that the user wishes to buy or sell, choosing the amount to invest, and confirming the trade. The cryptocurrency is then stored in a secure wallet on the platform.

Bitprime Gold Fees

Trading fees for CFD trading on Bitprime Gold start at 0.25% and decrease as the trading volume increases. Real crypto trading fees start at 0.5% and also decrease as the trading volume increases. Deposit/withdrawal fees depend on the currency used and the method of deposit/withdrawal.

When compared to other cryptocurrency platforms, Bitprime Gold fees are competitive. However, users should always be aware of the fees before trading on any platform.

Bitprime Gold Security

Security is a crucial aspect of any cryptocurrency platform. Bitprime Gold takes security seriously and has implemented various measures to ensure the safety of user funds. Bitprime Gold stores the majority of user funds in cold storage, which means that the funds are not connected to the internet and are therefore less vulnerable to hacking attempts.

Bitprime Gold also uses two-factor authentication (2FA) to secure user accounts. 2FA adds an extra layer of security by requiring users to enter a code sent to their mobile device or email before accessing their account. Additionally, Bitprime Gold monitors all transactions to detect any suspicious activity.

When compared to other cryptocurrency platforms, Bitprime Gold security measures are strong and provide users with peace of mind when trading.

Bitprime Gold Customer Support

Customer support is an important aspect of any cryptocurrency platform. Bitprime Gold offers various types of customer support, including email support, phone support, and live chat support. The platform also has a comprehensive FAQ section that answers common questions.

When compared to other cryptocurrency platforms, Bitprime Gold customer support is responsive and helpful. Users can expect to receive timely and professional assistance when needed.

Bitprime Gold User Experience

User experience is an important aspect of any cryptocurrency platform. Bitprime Gold has an easy-to-use interface that is intuitive and user-friendly. The platform also offers various features that enhance the user experience, including a mobile app and a demo account.

The mobile app allows users to trade on the go, while the demo account allows users to practice trading without risking real money. Additionally, Bitprime Gold offers educational resources to help users learn about cryptocurrency trading.

When compared to other cryptocurrency platforms, Bitprime Gold user experience is strong and provides users with a seamless trading experience.

Bitprime Gold Pros and Cons

Pros of using Bitprime Gold include competitive fees, strong security measures, and a user-friendly interface. The platform also offers a variety of trading options, including CFD trading and real crypto trading. Additionally, Bitprime Gold offers responsive customer support and educational resources.

Cons of using Bitprime Gold include limited cryptocurrency options and a lack of advanced trading features. Additionally, the platform is not available in all countries.

When compared to other cryptocurrency platforms, Bitprime Gold is a strong option for users who are looking for a user-friendly platform with competitive fees and strong security measures.

Conclusion

In conclusion, Bitprime Gold is a legitimate cryptocurrency platform that offers CFD trading and real crypto trading. The platform has competitive fees, strong security measures, and a user-friendly interface. Bitprime Gold also offers responsive customer support and educational resources. While there are some limitations to the platform, overall, Bitprime Gold is a strong option for users who are looking for a reliable and easy-to-use cryptocurrency platform.

Semantically Similar FAQs

Is Bitprime Gold safe?

Yes, Bitprime Gold takes security seriously and has implemented various measures to ensure the safety of user funds. The platform stores the majority of user funds in cold storage and uses two-factor authentication (2FA) to secure user accounts. Additionally, Bitprime Gold monitors all transactions to detect any suspicious activity.

How does Bitprime Gold compare to other cryptocurrency platforms?

When compared to other cryptocurrency platforms, Bitprime Gold has competitive fees, strong security measures, and a user-friendly interface. The platform offers a variety of trading options, including CFD trading and real crypto trading. Additionally, Bitprime Gold offers responsive customer support and educational resources.

What are the fees on Bitprime Gold?

Bitprime Gold charges fees for trading on the platform. The fees depend on the type of trading, the amount traded, and the currency used. There are two types of fees on Bitprime Gold: trading fees and deposit/withdrawal fees. Trading fees for CFD trading on Bitprime Gold start at 0.25% and decrease as the trading volume increases. Real crypto trading fees start at 0.5% and also decrease as the trading volume increases. Deposit/withdrawal fees depend on the currency used and the method of deposit/withdrawal.

How do I contact Bitprime Gold customer support?

Bitprime Gold offers various types of customer support, including email support, phone support, and live chat support. The platform also has a comprehensive FAQ section that answers common questions. Users can expect to receive timely and professional assistance when needed.

What are the advantages of CFD trading on Bitprime Gold?

Advantages of CFD trading on Bitprime Gold include the ability to trade on margin, which allows users to leverage their trades. This means that users can increase their potential profits, but it also increases the potential losses. CFD trading is also a flexible way of trading, as users can go long or short on an asset, depending on their market outlook.

What are the advantages of real crypto trading on Bitprime Gold?

Advantages of real crypto trading on Bitprime Gold include the ability to own the asset and store it securely. This means that users have control over their investments and can benefit from any future price increases. Real crypto trading is also a transparent way of trading, as users can see the actual market price of the cryptocurrency.

Does Bitprime Gold offer a demo account?

Yes, Bitprime Gold offers a demo account. The demo account allows users to practice trading without risking real money. This is a great way for users to get familiar with the platform and test their trading strategies before investing real money.

How do I withdraw funds from Bitprime Gold?

To withdraw funds from Bitprime Gold, users need to log in to their account and navigate to the withdrawal section. Users then need to choose the currency that they wish to withdraw and enter the amount. The withdrawal will be processed within a few business days, depending on the method of withdrawal.

What is the minimum deposit on Bitprime Gold?

The minimum deposit on Bitprime Gold depends on the currency used. For Bitcoin, the minimum deposit is 0.001 BTC. For Ethereum, the minimum deposit is 0.01 ETH. For Litecoin, the minimum deposit is 0.1 LTC.

Does Bitprime Gold offer leverage trading?

Yes, Bitprime Gold offers leverage trading for CFD trading. Users can choose the leverage that they wish to use when placing a trade. However, it is important to note that leverage trading increases the potential profits, but it also increases the potential losses.