Bitprime Gold Review – Is it Scam? – Crypto Broker
Introduction
Bitprime Gold is a cryptocurrency broker that offers a trading platform for investors to buy and sell various digital currencies. In this review, we will take a closer look at the features, pricing, user experience, security measures, and regulation of Bitprime Gold to determine whether it is a legitimate broker or a scam.
Background
Bitprime Gold was founded in 2017 in New Zealand and is one of the leading cryptocurrency brokers in the country. The company offers a platform for investors to buy and sell digital currencies, including Bitcoin, Ethereum, Litecoin, and Ripple. Cryptocurrency brokers are becoming increasingly popular due to the rising demand for digital assets and the need for a secure platform to trade them.
Features of Bitprime Gold
Bitprime Gold offers an intuitive trading platform that is easy to use for both novice and experienced investors. The platform allows investors to buy and sell various cryptocurrencies, track their investments, and set up alerts for price changes. Bitprime Gold also offers a mobile app for investors to trade on-the-go.
The available cryptocurrencies on Bitprime Gold include Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash. The company also offers a range of altcoins for investors to trade.
Bitprime Gold implements a range of security measures to protect investors' funds. These include cold storage, two-factor authentication, and an insurance policy to cover any losses due to hacking or theft.
Pricing and Fees
Bitprime Gold charges a flat fee of 2.5% for all transactions. This fee is higher than some other cryptocurrency brokers, but Bitprime Gold offers a range of altcoins that are not available on other platforms.
There are no hidden fees or charges associated with Bitprime Gold, and investors can see the exact cost of their transactions before confirming them.
User Experience
Bitprime Gold's trading platform is user-friendly, with a clean and modern design. The platform is easy to navigate, and investors can quickly buy and sell cryptocurrencies. Bitprime Gold also offers a range of educational resources for novice investors to learn about cryptocurrency trading.
Customer support is available via email, phone, and live chat. Bitprime Gold has received positive reviews for their customer service, with many investors praising the company's responsiveness and helpfulness.
Security Measures
Bitprime Gold takes security seriously, implementing a range of measures to protect investors' funds. The company stores the majority of investors' funds in cold storage, which is offline and not accessible via the internet. Two-factor authentication is required to access the platform, and Bitprime Gold also offers an insurance policy to cover any losses due to hacking or theft.
Regulation and Compliance
Bitprime Gold is regulated by the New Zealand Financial Markets Authority (FMA). The company is required to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations, which help to prevent fraud and money laundering.
Pros and Cons of Bitprime Gold
Advantages
- User-friendly trading platform
- Range of altcoins available
- Strong security measures
- Regulated by the FMA
- Responsive customer support
Disadvantages
- Higher fees than some other cryptocurrency brokers
- Limited payment options
Comparison to Other Crypto Brokers
Bitprime Gold compares favorably to other top cryptocurrency brokers in terms of security measures, regulation, and customer support. However, the company's fees are higher than some other brokers, and it offers limited payment options.
Conclusion
Overall, Bitprime Gold is a legitimate cryptocurrency broker that offers a range of features for investors to buy and sell digital currencies. The company's trading platform is user-friendly, and it implements strong security measures to protect investors' funds. While the fees are higher than some other brokers, Bitprime Gold offers a range of altcoins that are not available elsewhere.
FAQs
- Is Bitprime Gold a legitimate broker?
- Yes, Bitprime Gold is a legitimate cryptocurrency broker that is regulated by the New Zealand Financial Markets Authority.
- What cryptocurrencies are available on Bitprime Gold?
- Bitprime Gold offers a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash.
- What are the fees and charges associated with Bitprime Gold?
- Bitprime Gold charges a flat fee of 2.5% for all transactions. There are no hidden fees or charges.
- How secure is Bitprime Gold's platform?
- Bitprime Gold implements a range of security measures, including cold storage, two-factor authentication, and an insurance policy to cover any losses due to hacking or theft.
- Is Bitprime Gold regulated by any governing bodies?
- Yes, Bitprime Gold is regulated by the New Zealand Financial Markets Authority.
- How does Bitprime Gold compare to other cryptocurrency brokers?
- Bitprime Gold compares favorably to other top cryptocurrency brokers in terms of security measures, regulation, and customer support. However, the company's fees are higher than some other brokers, and it offers limited payment options.
- Can I withdraw my funds from Bitprime Gold at any time?
- Yes, investors can withdraw their funds from Bitprime Gold at any time.
- How can I contact Bitprime Gold's customer support?
- Customer support is available via email, phone, and live chat.
- Are there any hidden fees associated with using Bitprime Gold?
- No, there are no hidden fees or charges associated with Bitprime Gold.
- Does Bitprime Gold offer any insurance policies for my investments?
- Yes, Bitprime Gold offers an insurance policy to cover any losses due to hacking or theft.