StormGain Exchange Overview
StormGain is a Centralized exchange that ranks #285 on BitDegree Exchange Tracker. StormGain has a trading volume of $989,654 in the last 24 hours and $58,723,217,915 in the last 7 days.
StormGain currently has 48 cryptocurrencies, 0 fiat currencies and 56 markets (cryptocurrency trading pairs). The most popular trading pair on StormGain is ETH/USDT.
StormGain is a centralized cryptocurrency exchange that was established in 2019 in London. The platform offers the StormGain spot market with a huge variety of popular crypto assets, giving investors and traders a wide range of options.
The StormGain crypto exchange is accessible to users from over 230 countries. However, StormGain cannot be accessed by users from the United States. In terms of KYC, users can begin utilizing the platform without going through it. However, they must undergo the verification process to unlock all features of StormGain.
Besides, StormGain can be accessed through both – desktop and mobile devices.
Markets
There’s a wide range of StormGain trading pairs. Besides supporting both crypto-crypto and crypto-fiat trading, StormGain offers 31 cryptocurrencies in 31 markets at the time of writing this article.
Users of StormGain do not have to confine themselves to a particular market, which is one of its key benefits. If users want to trade something other than futures, StormGain also provides trading in tokenized commodities, options, and indices. Regarding tokenized commodities, users can only exchange silver and gold.
In terms of the StormGain exchange fees, there are no set taker or maker fees that traders must pay. Instead, users have to pay 10% of profitable deals as the StormGain crypto fee. In other words, they pay only when they succeed, which is an advantage over some other crypto exchanges.
Only SEPA withdrawals, which have specific restrictions, are allowed by StormGain. Users are required to pay a 5% foreign exchange charge in addition to a set 0.1% withdrawal fee. Moreover, the upper and lower withdrawal limits are 150 and 10,000 EUR, respectively.
Each coin that is offered on the StormGain crypto exchange has a distinct withdrawal fee. Although the charge varies when withdrawing other assets, such as BTC or ETH, users must pay 35 USDT when withdrawing, making the StormGain crypto price somewhat reasonable.
Other Services
As many crypto enthusiasts could not afford expensive GPUs, the StormGain crypto exchange started using Cloud mining to help them mine crypto without specialized hardware, only using their smartphones. Of course, since it is free of charge, the hash rate may not be optimal. Therefore, reaching the reward amount might take a longer time. However, it is essentially free cash, and you may continue to use it while on the platform.
There's also a solid referral program on the StormGain cryptocurrency exchange. Making a profit via affiliate programs might be a good choice for those with a strong social network. StormGain will pay users 15% of any mining revenue withdrawn by their referrals. When a referral joins the site with their link, they get 3 USDT.
Another feature provided by StormGain is the option of opening Islamic accounts that comply with Islamic law. One of the primary issues for Muslims worldwide is how they can prevent interest and certain commissions based on their beliefs. The StormGain cryptocurrency exchange provides the opportunity to open Islamic accounts that are unique as they do not include interest rates, time limitations, or transfer commissions.
Another benefit of StormGain is that it offers its own crypto wallet. The built-in wallet has 2FA, strong encryption, and various security protocols. Funds to the wallet can be added using popular fiat currencies. Besides, by holding assets in the StormGain wallet, users can earn up to 12% annual interest.
Additionally, StormGain also provides users with free trading signals. These signals provide users with information about the market based on profitability and probability. Thus, traders can skip making their own market analysis. These trading signals are created by StormGain experts.
Lastly, StormGain has its own Academy that provides novice traders with the possibility of learning about crypto trading.
About the Company
Founded in 2019 by Alex Althausen and headquartered in London, UK, StormGain is an established cryptocurrency exchange in the UK, with over five million users from all over the world. In the past, the company has collaborated with high-profile sports clubs such as Newcastle United (NUFC).
It's worth noting that StormGain complies with the EU General Data Protection Regulation (GDPR) as well as is a member of the Blockchain Association within the Financial Commission.
Alex Althausen has a degree in business administration. Before founding StormGain, Alex worked as the COO at XCOEX, a licensed cryptocurrency exchange. Besides, he also co-founded Banksters, an NFT-based social game.
