StormGain Exchange // Condensed Review – Pros and Cons

StormGain Exchange // Condensed Review – Pros & Cons

Launched in 2019, StormGain (stormgain.com) is today one of the most popular crypto exchanges in the world. This platform is available in over 100 countries worldwide serving more than 200,000 customers. Storm Gain is registered in Seychelles and has joined the Financial Commission’s Blockchain Association. At StormGain Exchange, you can use credit cards to purchase cryptocurrencies directly and you can also do up to 200x leveraged trading on digital currencies.

This cryptocurrency trading and investing platform features cutting-edge graphs and trading tools, and in addition, they offer some of the lowest trading fees.

In this StormGain review, let’s dig deep to see all of the features and services that this digital platform has to offer.

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StormGain Restricted Countries/Regions

Although StormGain is available in the majority of countries in the world, their services and products are restricted in the US, Japan, Canada, Vanuatu, Afghanistan, Syria, Uganda, Tunisia, Turkey, Ethiopia, Iran, Yemen, Trinidad and Tobago, Lao PDR, Bosnia and Herzegovina, and Guyana.

Is StormGain a safe cryptocurrency exchange?

StormGain is a growing crypto platform that takes security very seriously. For added safety, Storm Gain Exchange provides all users with two-factor authentication (2FA) via the Google Authenticator app. Doing this will prevent unwanted logins by hackers. And for course, the website uses the usual HTTPS protocol, ensuring that all transactions are encrypted.

Is StormGain a safe cryptocurrency exchange?

To gain the trader’s confidence, StormGain has become an official sponsor of the Italian football club SS Lazio, proving to users worldwide that they are a serious trading platform with long-term partnerships with other major brands.

Available Cryptocurrencies at StormGain

You can easily purchase and hold the following cryptocurrencies at StormGain:
USDT, ETH, LTC, BTC, BCH, XRP, DASH, ZEC, XLM, DAI, USDC

For trading, StormGain offers over 50 currency pairs, including some of these popular ones below:
BCHBTC, BCHUSDT, ETHBTC, LTCBTC, BTCUSDT, ETHUSDT, LTCUSDT, XRPUSDT, and more!

StormGain Services

As an all-in-one investment and trading platform, StormGain.com has a multitude of services. We will go through some of their major products for you to consider as a regular trader.

StormGain Cryptocurrency Exchange

As mentioned above, Storm Gain has a built-in crypto wallet that supports 11 major cryptocurrencies. All of these cryptocurrencies can be exchanged quickly and easily with just the tap of a button. Therefore, feel free to increase your holdings in one particular crypto or another. And of course, you can purchase new coins and store them in this same wallet.

StormGain Cryptocurrency Exchange

StormGain Cryptocurrency Margin Trading

Margin trading across 50 currency pairs can begin for just a 10 USDT minimum. One unique feature is that up to 200x leverage is allowed, which is fantastic for more experienced crypto traders who aren’t afraid to borrow money to make money. Such a level of leverage means that traders can take positions worth up to 200 times their invested capital.

StormGain Cryptocurrency Margin Trading

StormGain offers the highest level of leverage when compared to other similar competing exchanges.

StormGain Wallet

StormGain offers an excellent crypto wallet that is built into their main trading services. If you are looking for a crypto wallet that is connected to a high-leverage exchange, the StormGain Wallet is worth a look. In addition to this seemless connection to the trading platform, the Storm Gain Wallet also allows users to simply send and receive crypto, with some of the best security features in the industry.

StormGain Wallet

StormGain Mobile App – iOS & Android

StormGain is available for both iOS and Android devices. The mobile app comes with all the features found in the web and desktop versions. Also, the mobile app has a notification and tracking link system to notify the user of trading opportunities that may arise. Furthermore, the smartphone app is lightweight and secure, and hence doesn’t compromise the performance of your smartphone device.

StormGain Mobile App - iOS & Android

StormGain KYC Verification Requirements

In the crypto industry, KYC (know your customer) rules are needed to an extent, but unfortunately, many other crypto exchanges have lost customers because they have become too strict with the KYC procedures. On the other hand, StormGain offers a very easy process, as they only require all users to have an email address and make a minimum deposit of 50 USDT to start using the platform.

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StormGain Trading Fees and Limits

If you only wish to exchange one crypto for another, StormGain offers very low rates compared to other major platforms. Because this platform favors USDT, most conversions involving USDT are charged with a very low fee of 0.095%. All other crypto conversions are charged at a reasonable 0.25% fee. There are no limits on how much you wish to convert at StormGain.

On the trading side, StormGain has an extremely unique fee structure where you only have to pay trading fees when you make a profit. The fee is 10% for every successful trade, and all unsuccessful trades will not incur any trading fee for the user. StormGain is the only cryptocurrency exchange in the world that has this offering.

StormGain Payment Methods and Fees

Of course, it is necessary to have complete control of your funds, whether you are putting in money or taking out money. Let’s check out the deposit and withdrawal methods available here.

Depositing at StormGain and Fees

If you wish to purchase cryptocurrencies via credit card (Visa or Mastercard), the payment system will charge a fee of 3.5% (this is not charged by the exchange, but by the payment provider). Storm Gain will charge an additional 5% as a deposit commission. The minimum deposit is $50 USD, and the maximum deposit limit is $20,000 USD.

If you decide to deposit your existing cryptocurrencies (any of USDT, BTC, BCH, ETH, LTC, XRP, DASH, ZEC, XLM) from another wallet to your StormGain account, then there is 0.00% deposit fee for all cryptocurrencies being transferred.

Withdrawing from StormGain and Fees

When withdrawing your cryptocurrencies from the StormGain platform, they charge a fixed fee for each currency plus a 0.1% commission, which is quite low compared to other crypto exchanges.

StormGain Customer Service

StormGain provides 24/7 customer service, reachable through email. If you prefer to use social media, then you can also contact StormGain through Telegram, Facebook, and Twitter.

Email: support@stormgain.com
Social Media: available 24/7

Conclusion – Should I use StormGain?

Although they only launched in 2019, StormGain.com has been growing tremendously in the past few years. As a newer exchange, the only minus point is that they do not yet have hundreds of cryptocurrencies to offer. But if you are only interested in stablecoins and major altcoins, then StormGain can absolutely do the job. Let’s review the many benefits of using this platform:

  • 1) Complete all-in-one platform – wallet, exchange, and trading!
  • 2) Industry-low deposit fees and withdrawal fees!
  • 3) A 10% trading fee is charged only on successful trades!
  • 4) No ID verification required – 100% anonymity possible!

As you can see, StormGain is a very popular choice for crypto traders recently. The platform is ever growing, and soon they will sure add more and more cryptocurrencies to compete with other major platforms. Remember to take advantage of StormGain’s free demo account with 50,000 USDT pre-loaded.

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