This post is a detailed review of StormGain, a crypto exchange and trading platform.
StormGain tries to making crypto trading and investing easy with its unique services.
If you’re a newbie in the cryptocurrency space, this exchange may be a good place to start.
The platform is also designed with tools that advanced traders can use.
As you read on, you will learn about its features, products, and more.
Let’s jump right in!
Post Summary
For an easy read, I divided this review into the following subheadings:
- What Is StormGain?
- StormGain Features
- StormGain Products & Services
- Countries And Currencies Supported On StormGain
- Supported Payment Options And Fees Charged By StormGain
- Transaction Limits And Verification Requirements
- StormGain Support Channels And Public Opinion
- How To Get Started On StormGain
- FAQs
- Conclusion
A click on any item above will reveal its details immediately.
Happy reading!
1. What Is StormGain?
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StormGain is a crypto trading platform designed for everyone.
You can both trade and invest crypto on this StormGain.
It was founded by Alex Althausen in July 2019. And it has its headquarters in London, England.
The company is sponsored by S.S. Lazio, an Italian professional sports club based in Rome.
Their goal is to enable people trade crypto from everywhere, using any device.
And in less than 2 years, the company can already boast of $350.5 million 24-hr trading volume.
Impressively, StormGain allows users to trade with leverage of up to 200x. So cool!
Not just that, it also provides a variety of order types and trading tools to guarantee users a profitable trading experience.
We’ll learn more about these services and more in the following sections.
Tag along!
2. StormGain Features
- News/Blog
- Bonuses
- Affiliate program
- Learn
- Trading Signals
- Demo account
- Trading Bot
- Mobile App
3. StormGain Products & Services
This platform provides the following services:
a. Exchange
Here, users can exchange one cryptocurrency for another at affordable rates.
b. Trading
This is where users can trade different cryptocurrencies.
Here, you only need 10 USDT to open an order.
And you can maximize the trading charts and signals on the platform to make profitable choices.
The trading signals are developed by StormGain’s experts. They are sent to users every few hours with precise Stop Loss and Take Profit levels.
Cool, right?
c. Futures
Futures Trading is trending in the cryptocurrency ecosystem and StormGain provides this service as well.
Users have access to different instruments for profitable trading.
Plus, there is up to 300x leverage for BTC. Superb!
If you are not conversant with this type of trading, you can read our Futures review to learn more.
d. Wallet
StormGain provides a multi-currency wallet for users to store, manage, and exchange funds easily.
Users who wish to invest in crypto can hodl their coins in the wallet for as long as they want.
e. Bitcoin Cloud miner
This is a service that gives users the opportunity to mine Bitcoin for free.
You do not need to have any funds in your wallet to mine Bitcoin.
How to:
- Sign up at Stormgain.com
- Go to the Bitcoin Miner page
- Click on the ‘Activate’ button to start mining.
- Come back after 4 hours to mine again.
Once you’ve mined Bitcoin that is worth 10 USDT then you can make withdrawals.
Also, as your trading volume increases on the platform, your mining speed will increase as well.
f. Islamic Account
The StormGain Islamic Account is designed for its Muslim clients.
It comes with zero fees, zero interest, and no rollover commissions.
Moving on, we’ll see the countries and currencies supported on the platform.
Keep reading!
4. Countries And Currencies Supported On StormGain
Countries
All countries are supported on this platform except the following:
- USA
- Afghanistan
- Bosnia
- Burundi
- The Democratic Republic of the Congo
- Egypt
- Guinea
- Guinea-Bissau
- The central African Republic
- Haiti
- Iraq
- Lebanon
- Libya
- Mali
- Myanmar
- Nicaragua
- North Korea
- Islamic Republic of Iran
- Serbia
- Somalia
- South Sudan
- Sudan
- Syria
- Tunisia
- Yemen
- Zimbabwe
Currencies
Crypto
Fiat
- EUR
- USD
- AUD
- CHF
- CZK
- DKK
- GBP
- HUF
- ILS
- KRW
- NOK
- NZD
- PLN
- RUB
- SEK
- TRY
- ZAR
Next, we’ll see the payment methods and transaction fees.
Keep reading!
5. Supported Payment Options And Fees Charged By StormGain
Payment Methods
- SEPA Bank Transfer
- Debit/Credit Card
- BTC
Fees
Trading
There is no trading commission. The company only takes 10% of the profit made from trades.
That is, trades that make no profit are not charged any commissions.
However, the platform charges users a funding fee called Swap several times a day depending on their position type.
Swap Buy = -0.070% while Swap Sell = 0.070%
Exchange
Here, users pay commission for any pair of crypto they wish to exchange.
Find more details below:
Crypto pair | Fees |
BCH/BTC | 0.25% |
BCH/USDT | 0.095% |
BTC/BCH | 0.25% |
BTC/ETH | 0.25% |
BTC/LTC | 0.25% |
BTC/USDT | 0.095% |
DASH/USDT | 0.25% |
ETH/BTC | 0.25% |
ETH/USDT | 0.095% |
LTC/BTC | 0.25% |
LTC/USDT | 0.095% |
USDT/BCH | 0.095% |
USDT/BTC | 0.095% |
USDT/DASH | 0.25% |
USDT/ETH | 0.095% |
USDT/LTC | 0.095% |
USDT/XLM | 0.25% |
USDT/XRP | 0.095% |
USDT/ZEC | 0.25% |
XLM/USDT | 0.25% |
XRP/USDT | 0.095% |
ZEC/USDT | 0.25% |
BCH/BTC | 0.25% |
Deposit
Payment Method | Charge |
SEPA Bank Transfer | Nil |
Credit Card (Koinal) | 4% |
Credit Card (Simplex) | 3.5% |
*Note: There is no fee for depositing crypto on StormGain.
Withdrawal
For SEPA transfer, there is a 0.1% charge as withdrawal commission and 5% exchange commission.
Crypto
Apart from the fixed withdrawal fees below, there’s an additional withdrawal fee of 0.1% on all cryptos.
Coin | Fixed Withdrawal fee |
USDT | 50 |
BTC | 0.0006 |
BCH | 0.00039 |
ETH | 0.03 |
LTC | 0.0018 |
XRP | 0.371 |
DASH | 0.002 |
ZEC | 0.002 |
XLM | 0.04 |
Next, we’ll see the limits for transactions.
Keep reading!
6. Transaction Limits And Verification Requirements
Limits
Trading
You must have up to 10 USDT in your wallet before you can trade on this platform.
The minimum multiplier or leverage for all trading pairs is 5 units but the maximum multiplier differs for each pair.
Find more details below:
Coin pair | Max. Multiplier |
DOGEUSDT | 30 |
ETCUSDT | 50 |
ZECUSDT | 50 |
ADAUSDT | 50 |
EOSUSDT | 50 |
NEOUSDT | 50 |
IOTAUSDT | 15 |
QTMUSDT | 50 |
TRXUSDT | 50 |
XMRUSDT | 50 |
XLMUSDT | 50 |
DASHBTC | 50 |
DASHUSDT | 50 |
BSVUSDT | 50 |
XTZUSDT | 50 |
LINKUSDT | 50 |
ATMUSDT | 50 |
MKRUSDT | 50 |
ONTUSDT | 50 |
LTCUSDT | 100 |
BTCUSDT | 300 |
LTCBTC | 50 |
ETHBTC | 50 |
BCHBTC | 50 |
YFIUSDT | 50 |
UMAUSDT | 50 |
COMPUSDT | 50 |
SNXUSDT | 50 |
DOTUSDT | 50 |
VETUSDT | 50 |
UNIUSDT | 50 |
ZRXUSDT | 50 |
BCHUSDT | 100 |
ETHUSDT | 100 |
XRPUSDT | 50 |
Exchange
There is no maximum limit to the amount of crypto you can exchange.
Find the minimum limit for each pair below:
Crypto pair | Minimum Units |
BCH/BTC | 0.00000001 BCH |
BCH/USDT | 0.0001 BCH |
BTC/BCH | 0.00000001 BCH |
BTC/ETH | 0.000000001 ETH |
BTC/LTC | 0.00001 LTC |
BTC/USDT | 0.00001 BTC |
DASH/USDT | 0.001 DASH |
ETH/BTC | 0.000000001 ETH |
ETH/USDT | 0.0001 ETH |
LTC/BTC | 0.00001 LTC |
LTC/USDT | 0.001 LTC |
USDT/BCH | 0.0001 BCH |
USDT/BTC | 0.00001 BTC |
USDT/DASH | 0.001 DASH |
USDT/ETH | 0.0001 ETH |
USDT/LTC | 0.001 LTC |
USDT/XLM | 0.1 XLM |
USDT/XRP | 0.1 XRP |
USDT/ZEC | 0.001 ZEC |
XLM/USDT | 0.1 XLM |
XRP/USDT | 0.1 XRP |
ZEC/USDT | 0.001 ZEC |
BCH/BTC | 0.00000001 BCH |
Deposit (Debit/Credit Card)
Currency | Min. deposit | Max. deposit |
USD | 50 USD | 20 000 USD |
EUR | 50 EUR | 20 000 EUR |
AUD | 70 AUD | 50 000 AUD |
CHF | 50 CHF | 20 000 CHF |
CZK | 1000 CZK | 1 000 000 CZK |
DKK | 350 DKK | 200 000 DKK |
GBP | 40 GBP | 20 000 GBP |
HUF | 15 000 HUF | 20 000 000 HUF |
KRW | 60 000 KRW | 100 000 000 KRW |
ILS | 200 ILS | 100 000 ILS |
NOK | 500 NOK | 500 000 NOK |
NZD | 80 NZD | 50 000 NZD |
PLN | 200 PLN | 200 000 PLN |
RUB | 3000 RUB | 10 000 000 RUB |
SEK | 500 SEK | 500 000 SEK |
TRY | 300 TRY | 500 000 TRY |
ZAR | 800 ZAR | 1 000 000 ZAR |
Deposit (Crypto)
No maximum amount for crypto deposits.
Find the minimum limits below:
Currency | Min. deposit |
USDT | 1 USDT |
BTC | 0.00003 BTC |
BCH | 0.003 BCH |
ETH | 0.001 ETH |
LTC | 0.0072 LTC |
XRP | 4 XRP |
DASH | 0.008 DASH |
ZEC | 0.01 ZEC |
XLM | 4 XLM |
Withdrawal (Crypto)
No maximum limit was specified for withdrawals
Find details on the minimum limits below
Currency | Min. withdrawal |
USDT | with no restrictions |
BTC | 0.0014 BTC |
BCH | 0.11 BCH |
ETH | with no restrictions |
LTC | 0.36 LTC |
XRP | 170 XRP |
DASH | 0.4 DASH |
ZEC | 0.5 ZEC |
XLM | 170 XLM |
Withdrawal (SEPA Transfer)
Maximum withdrawal – 10, 000 EUR
Minimum withdrawal – 150 EUR
Verification Requirements
When registering on this platform, you only need to provide an email and a phone number.
There is no need for verification at this time. You can go ahead and trade with the demo account.
However, if you wish to switch to a real account and deposit funds, you’d have to verify your email and phone number by supplying the codes sent to you through these channels.
7. StormGain Support Channels And Public Opinion
Support Channels
The platform has a News/Blog page where users can read and learn more about the platform and the crypto space.
It also provides video tutorials that show newbies a step-by-step guide on how to trade on the platform.
Additionally, users have access to a demo account worth 50,000 USDT with which they can try out trades and prevent losing funds.
Practice makes perfect you know.
Users can also receive answers to their queries via these channels:
- https://t.me/stormgain_news
- https://twitter.com/StormGain_com
- https://www.facebook.com/StormGain.official
- support@stormgain.com
Public Opinion
I checked StormGain on TrustPilot and it had an excellent rating with 4,348 comments.
Also, on Reddit, the platform has an active group with 140 members.
Then on SCAMADVISER, StormGain has a 100% trust score.
Impressive!
I’ll now show you how to use this platform.
Tag along!
8. How To Get Started On StormGain
1. Visit StormGain.com and select ‘Get Started’ from the top right
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2. Complete the registration form and hit continue
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3. Based on your preference, select a real account or a demo account to proceed
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4. You’re in. Have fun trading!
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Do you want to trade cryptocurrencies profitably?
Then enroll for our Crypto Trading Mastery Course by going to www.ctmastery.com
You can also join our Telegram community at https://t.me/ctmastery
9. FAQs
I think this platform is safe to use based on the following reasons:
– The founders are known
– It has a physical office
– The website is properly registered and its SSL certificate is valid.
– Many users have dropped positive reviews of the platform online
– The exchange is listed on Coinmarketcap
– StormGain is a member of the Blockchain Association within the Financial Commission, a body that promotes the highest standards of commercial honor in the crypto space.
Nevertheless, DYOR before investing in the platform.
Though StormGain offers up to 200x leverage, it is advisable to trade with 10x leverage so that you can cover the risk.
10. Conclusion
We have now come to the end of our discussion on StormGain. I hope you enjoyed the read?
Now, I’d love to hear from you;
What do you think of the platform? Will you trade with them?
Do you think its Bitcoin cloud miner is worth a try?
Let me hear your thoughts in the comments section right now.
Also, share this post with your friends.
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