In 2009, Satoshi Nakamoto introduced Bitcoin to the world and established the world’s first cryptocurrency. At that point, it hadn’t crossed anyone’s mind that only a decade later, it would be one of the most volatile and biggest markets in the world. Today, cryptocurrencies are trending as the next big thing in the financial markets and are enjoying a lot of popularity. People have made fortunes in this space and more and more people are jumping in for reaping the benefits. Therefore, platforms have been set up to help people in doing so and Wobit is one of them. But, what makes the company different? You can read the Wobit review to find out.
Not doing your homework can set you back in the long run because it may turn out that the platform you have chosen is not the right one for you. There have been scams and frauds in the crypto market as well and you need to avoid these altogether. Hence, evaluating the features of a company before signing up with them can save you a major headache in the long run. Let’s get started:
Keeping in mind the security risks inherent when doing anything online, plus the unregulated nature of the crypto market, you should first evaluate the security aspects of a company. If you sign up with a company that doesn’t have adequate measures in place, you could end up suffering disastrous consequences. When you check out the policies on Wobit, you will be pleased to know that the company is AML (Anti-Money Laundering) and KYC (Know-Your-Customer) compliant. This means that all who make an account on the platform have to verify their identity and address.
It eliminates the possibility of fake accounts and keeps scammers and fraudsters out. Plus, the risk of money laundering, identity theft and financial fraud is also mitigated. Furthermore, Wobit has also used SSL (Secure Socket Layer) for encrypting all traffic on their website. They also use encryption technology for protecting all data and information that’s shared on their website.
Wobit’s Crypto Index
One of the most vital features of a broker that need to be evaluated is their crypto index. You want to trade digital currencies to maximize your profits, but this can only happen when you have access to profitable cryptocurrencies. There are thousands of options that can be found nowadays, but not all of them can offer the same level of return. Hence, checking out the options available beforehand can indicate whether the company will enable you to earn the returns you want. You will not be disappointed with the crypto index that you find at Wobit because they have offered an extensive list of options.
Their goal is to allow their clients to be able to diversify their investment as much as they want. Therefore, they have added the leading crypto options, such as Bitcoin, Litecoin, Ethereum and Ripple. Along with these, you will find lots of other choices as well, like Bitcoin Cash, Dash, NEO, IOTA and NEM.
Wobit’s Registration and Account Process
Before you can start trading cryptocurrencies on a platform, you will be required to go through a registration process and this can vary from company to company. There is no standard established for this, so it is best to take a look at what you will be required to do. There is only one form on the Wobit website that you have to complete and this will not take you more than five minutes. They ask for basic details like first and last name, email address, password, phone number and your country. You need to agree to their Terms & Conditions and then check out the account choices.
A total of seven account options have been incorporated by Wobit, starting with Trail, Basic, Trader, Pro Plus, VIP, Millionaire Club and VIP Ultra. You can pick any one of the options, make the deposit and start trading right away, not having to worry about Wobit scam.