Bitprime Gold Review – Is it Scam? – Trade Cryptocurrencies
Introduction
Bitprime Gold is a New Zealand-based cryptocurrency exchange that allows users to buy, sell, and trade various cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and more. In this review, we will take an in-depth look at Bitprime Gold's services, products, fees, security measures, and more to determine whether it is a legitimate platform or a scam.
What is Bitprime Gold?
Bitprime Gold was founded in 2017 and is headquartered in Christchurch, New Zealand. The platform aims to make cryptocurrency trading accessible and easy for everyone. Bitprime Gold offers a range of services and products such as instant buy, sell and trade, OTC (over-the-counter) trading, and a mobile app for iOS and Android devices.
Compared to other cryptocurrency exchanges, Bitprime Gold has a unique approach to trading. The platform focuses on simplicity and offers users an intuitive trading experience. Bitprime Gold also has a strong emphasis on security and regulatory compliance, making it a reliable and trustworthy platform for trading cryptocurrencies.
Is Bitprime Gold Legitimate?
One of the most important factors to consider when choosing a cryptocurrency exchange is its legitimacy. Bitprime Gold is a legitimate platform that is fully compliant with New Zealand's financial regulations. The platform is registered with the New Zealand Financial Services Providers Register (FSPR) and is a member of the Financial Dispute Resolution Scheme (FDRS).
Bitprime Gold also takes security very seriously. The platform uses advanced security measures such as two-factor authentication, SSL encryption, and cold storage to ensure that users' funds and personal information are secure.
Customer reviews and feedback for Bitprime Gold are generally positive. Users appreciate the platform's simplicity, ease of use, and reliable customer support. Overall, Bitprime Gold is a legitimate and trustworthy platform for trading cryptocurrencies.
How to Use Bitprime Gold
Opening an account with Bitprime Gold is a straightforward process. Users must first sign up with an email address and password and then complete a verification process by providing personal information and a government-issued ID. Once the verification process is complete, users can deposit funds into their account and start trading.
Bitprime Gold's trading platform is easy to use and offers a variety of order types such as market orders, limit orders, and stop-loss orders. The platform also has a real-time order book and price chart to help users make informed trading decisions.
Trading Cryptocurrencies on Bitprime Gold
Bitprime Gold allows users to trade a variety of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and more. The platform offers competitive trading fees, with a trading fee of 0.9% for market orders and 1.1% for limit orders.
Bitprime Gold also has a high trading volume and liquidity, making it easy for users to buy and sell cryptocurrencies quickly and efficiently.
Bitprime Gold Customer Support
Bitprime Gold offers several customer support channels, including email support, phone support, and a live chat feature on the platform. The platform also has an extensive FAQ section on its website that covers a wide range of topics such as account security, trading fees, and more.
Customer support response times are generally quick, and users report positive experiences with Bitprime Gold's customer support team.
Bitprime Gold Mobile App
Bitprime Gold has a mobile app for iOS and Android devices that offers a range of features such as real-time market data, trading charts, and a secure login with fingerprint or face recognition. The mobile app is easy to use and offers a similar trading experience to the desktop version of the platform.
Bitprime Gold Education and Resources
Bitprime Gold offers several educational resources and tools to help users learn about cryptocurrency trading. The platform has a blog that covers a range of topics related to cryptocurrency, as well as a knowledge base that provides in-depth information about the platform's features and services.
Bitprime Gold also offers a range of tools such as a cryptocurrency calculator and a trading bot that can help users make informed trading decisions.
Bitprime Gold Fees and Charges
Bitprime Gold has a transparent fee structure, with trading fees of 0.9% for market orders and 1.1% for limit orders. The platform also charges a withdrawal fee of 0.001 BTC or equivalent for all withdrawals.
Compared to other cryptocurrency exchanges, Bitprime Gold's fees are competitive and transparent, making it a cost-effective platform for trading cryptocurrencies.
Bitprime Gold Pros and Cons
Pros:
- Legitimate and trustworthy platform
- Competitive trading fees
- Easy-to-use trading platform
- High trading volume and liquidity
- Reliable customer support
Cons:
- Limited number of cryptocurrencies available for trading
- Limited payment options
Conclusion
Overall, Bitprime Gold is a legitimate and trustworthy platform for trading cryptocurrencies. The platform offers competitive trading fees, a simple and easy-to-use trading platform, and reliable customer support. While there are some limitations to the platform, such as a limited number of cryptocurrencies available for trading and limited payment options, these are minor drawbacks compared to the platform's overall strengths.
In conclusion, we recommend Bitprime Gold for anyone looking for a reliable and cost-effective platform for trading cryptocurrencies.
FAQs
- What cryptocurrencies can I trade on Bitprime Gold?
- Bitprime Gold allows users to trade a variety of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and more.
- What are the fees and charges on Bitprime Gold?
- Bitprime Gold charges a trading fee of 0.9% for market orders and 1.1% for limit orders. The platform also charges a withdrawal fee of 0.001 BTC or equivalent for all withdrawals.
- Is Bitprime Gold regulated by any authorities?
- Yes, Bitprime Gold is registered with the New Zealand Financial Services Providers Register (FSPR) and is a member of the Financial Dispute Resolution Scheme (FDRS).
- How secure is Bitprime Gold's platform?
- Bitprime Gold uses advanced security measures such as two-factor authentication, SSL encryption, and cold storage to ensure that users' funds and personal information are secure.
- What customer support channels are available on Bitprime Gold?
- Bitprime Gold offers email support, phone support, and a live chat feature on the platform. The platform also has an extensive FAQ section on its website.
- Does Bitprime Gold have a mobile app?
- Yes, Bitprime Gold has a mobile app for iOS and Android devices.
- What educational resources and tools are available on Bitprime Gold's website?
- Bitprime Gold offers a blog that covers a range of topics related to cryptocurrency, as well as a knowledge base that provides in-depth information about the platform's features and services.
- Can I open an account on Bitprime Gold if I am not located in New Zealand?
- Yes, Bitprime Gold accepts users from all over the world.
- How long does it take to withdraw funds from Bitprime Gold?
- Withdrawals on Bitprime Gold typically take 1-3 business days to process.
- Does Bitprime Gold have any promotions or bonuses for new users?
- Bitprime Gold does not currently offer any promotions or bonuses for new users.