DXCBIT Review – Is DXCBIT Scam or a Legit Cryptocurrency Broker?

DXCBIT Review

You might hear the name of DXCBIT if you are interested in online trading. There was a time when online trading was not as common as it is now. People used to leave their homes and locate a broker to trade in the financial marketplaces a few decades earlier before technology became such an integral part of our lives. Because it was a time-consuming process, all those who could trade full-time were able to try their luck. Furthermore, you required a lot of experience and understanding to be able to generate money since massive investments need to be made that couldn’t be gambled on luck. But that is all in history now because trade has migrated online, allowing you to do everything from the comfort of your own home. In this DXCBIT Review, I will talk about the salient features of this broker in detail.

To begin your trading experience now, all you need is an internet connection. You don’t need a lot of money to invest, and you may also trade part-time. People might take that up as a pastime or as a second profession to augment their income. Even though there are various financial marketplaces available, crypto trading is all over these days, and for a good reason. These digital currencies were originally established in 2009 at the time when Bitcoin was presented.

It took a bit of time for the market to acquire traction, but it did, and it is now one of the world’s most popular financial marketplaces. Millions of individuals all around the world are flocking to the crypto market, which is crowded with lucrative chances. But where do you even begin? To get started with crypto trading, do the same thing you would with any other financial instrument: seek crypto broker platforms.

It is critical to make the proper decision, or you will be unable to capitalize on the market’s prospects. Rather than looking for platforms that provide a wide range of products, look for one that specializes in crypto trading. This ensures you have access to everything you need to trade these volatile cryptocurrencies.

DXCBIT is a brokerage firm based in the United Kingdom that was founded in 2019, stands out among the sea of cryptocurrency platforms. Let’s get this review started:

About DXCBIT

In 2019, DXCBIT started operations in the UK. Since then, DXCBIT Markets Limited has possessed and managed it. It soon rose to prominence as a consequence of its revolutionary features and tools. It was designed to make trading easier for both rookie and expert traders. It is similar to a site that can be accessed from any device. It provides a wide range of services and features, such as trading accounts, including optional deposit range, a wide choice of trading tools, trading instruments, training programs, and security policies. Now, to clear doubts, I will describe each of these qualities in detail.

Trading Accounts Of Various Types

While other brokerage platforms provide various account kinds, DXCBIT provides six different account types, exceeding industry norms. This indicates that the user has a lot of freedom in deciding which account to start depending on his or her restrictions and needs. The platform comes with several basic features offered to all types of accounts. Along with regular capabilities, each account offers multiple extra services, the number of which increases as users switch to the premium account.

Individuals can have a total of six account types, five of those are accessible to all, and one of them is restricted to particular users. It is known as the Black account, and it was designed specifically for high-net-worth individuals. Other than this Black account, the remaining ones are shown below.

The account that is designed for novices with little investing funds is called the basic one, and it can be created with a 500 deposit. (In Euros, US dollars, or British pounds.) You will select the exchange rate on your chosen account and then deposit funds in that currency.

The bronze account is designed for newcomers. To start one of these accounts, a minimal amount of $10,000 is required. In addition to the regular services, you would receive price notifications.

To create a Silver account, the least deposit of 25,000 is required. Silver account holders benefit from extra features such as trading indicators (PIA) and separate fund supervisors.

A Gold account may be obtained for a cost of $50,000, alleviating one of the pressures involved with manually verifying signals. Gold account holders get PIA prices and messages notifications by SMS on their devices.

The Platinum account is intended for experienced traders only. This is why payment of $250,000 is required for this account. As a consequence of paying such a hefty cost, users receive completely independent position entry, price notifications (VIP), and a personalized trading strategy.

Top-Notch Characteristics

Customers may reach customer service by phone and email 24 hours a day, seven days a week. The websites offer daily market analyses as well as instructional seminars. Trading digital currencies, as you all already know, is risky. As a result, DXCBIT provides free learning to all registered members to assist them in improving their experience and knowledge. The most important part, there are no surprises. The fee you will ever charge the broker is open and obvious. This makes it easier for traders and brokers to have an open connection.

Withdrawals And Deposits

To put its clients at ease, DXCBIT provides a choice of account payment alternatives. The initial deposit can be made through credit as well as debit cards or direct deposit. Individuals looking for a risk-free transmission choose wire transfers, whilst those looking for a rapid online transaction prefer credit or debit cards.

Payments can also be made through “Neteller, Skrill, or China Union Pay.” Withdrawals are very simple because of the company’s user-friendly regulations. You can withdraw your funds without incurring any costs. In the case of a wire transfer, just thirty dollars are removed.

Several Crypto Assets

The number of cryptocurrencies platforms has grown in tandem with the rise of bitcoin trading. Several platforms provide their services. You must perform a careful study of them before reaching a choice, or else you will lose out on the potential to benefit from the cryptocurrency industry.

DXCBIT offers a wide range of cryptocurrencies to trade. There are two types of individuals. Some people are risk cautious and choose to trade just well currencies like Bitcoin and Ethereum. On the other side, some people wish to acquire large riches through the usage of a certain digital currency of their choice. DXCBIT provides a solution for this, enabling customers to select their chosen cryptocurrency. Unlike other brokers, DXCBIT lets you pick from a wide range of currencies, including Litecoin, Bitcoin Cash, Ethereum, Bitcoin, Ripple, and Dash. This is why you’ve decided to join DXCBIT. You will feel completely free in your decision-making.

Bitcoin is the first digital money in the world. It was founded in 2009 by Satoshi Nakamoto. It is still the market leader in terms of market capitalization, with a market value of around 2.28 trillion dollars. Its most noticeable feature is its complete lack of any sort of classifier. Even its creator is powerless to stop it.

Bitcoin Cash is considered as a fork of the original Bitcoin currency. It was established in 2017 having a specific goal in mind. Its major objective in development was to make high-speed transactions possible akin to those provided by Visa and PayPal.

By market capitalization, Ethereum is the most valuable cryptocurrency. It now has a market value of $256 billion. Additionally, it is known as Ether. This may also be utilized to build a broad range of different applications, making it highly flexible.

Ripple has also made inroads into the cryptocurrency industry in a very short amount of time. Ripple, commonly known as XRP, has the potential to dominate the financial sector. Because of its sophisticated capabilities, users may execute transactions at rapid rates.

Dash, which is similar to Bitcoin, was formally introduced. The major goal of its introduction was to provide digital currency dealers another alternative. They just improved some of Bitcoin’s features, such as speed. It might be argued that it’s a cheaper form of BTC. It also functions as a polling platform for many initiatives.

Trading Platform That Is Easy to Use

Some platforms are tough to comprehend due to the complexity of the framework. While a brokerage platform is designed to make trading easier for its clients, it has the potential to entangle traders’ thoughts. Since it provides an easy forum for its clients, DXCBIT appears to be the sole answer to this problem.

Because of their immaturity, certain platforms are difficult to cater to a significant number of users. They are designed in such a way that they may be operated entirely using a big desktop computer. It’s a drawback for customers who frequently travel because it’s not practical to bring a laptop with them.

In addition, DXCBIT has solved this issue by providing a web-based interface. It may be viewed from any gadget, including a smartphone, tablet, or laptop, thanks to its web-based interface. Yes, you may use your smartphone to visit the dashboard while riding in an Uber. To get started, you’ll need a gadget, a web service, and an internet connection. It works on both Ios and android devices.

In addition, the problem of lagging has been rectified. Information and data may be lost in the process of lagging. Every piece of data a trader has is vital since losing it might cost him a lot of money. DXCBIT not only protects your data but also shows it in a visually appealing manner using charts. It takes advantage of Trading View’s graphing feature, which was built particularly for this purpose. It makes information easier to understand for traders, especially inexperienced ones.

Security Features

When engaging with someone online, it is needless to mention that cybersecurity should be a top priority. According to statistics, cybercrime has grown considerably in recent years. Hackers have even attacked people’s identities. You may risk your money in a matter of seconds if you select the fraudster broker. To register on brokerage sites, personal details must be supplied. Your personal information, as well as any money you have placed, will be at stake.

By encrypting data on several layers, DXCBIT gives users peace of mind. They use SSL encryption with a 256-bit key. This protects your confidential information from being accessed by unauthorized individuals. As a result of SSL, cyberattacks will never happen.

DXCBIT has created a strategy to secure your cash after securing your information. It makes use of separate accounts to keep your money secure. This means that the fund will be maintained separately from the brokers’ accounts to avoid funds from being mingled. In this manner, even if the broker goes bankrupt, your money will still be accessible to withdraw.

Aside from these options, there are two other policies worth highlighting. The first is referred to as KYC. It ensures that no criminals have created accounts on the platform. The platform needs confirmation of identity and address before a customer may utilize its services. As a consequence, the user will be required to provide scanned images of their passport, ID card, and driver’s license.

AML is another crucial feature. This function aids in the prevention of money laundering. For this purpose, the platform will seek financial records in addition to utility bills. They also ask for pictures of your debit card for security reasons.

They also examine their systems for any infiltration regularly, guaranteeing that your security is not endangered. To keep coins out of thieves’ hands, they are stored in cold storage. They also keep an eye on their servers 24/7.

Refer-A-Friend Scheme

It is commonly believed that a person may only make money trading after enrolling with an online broker. DXCBIT, on the other hand, has changed the game in this regard as well. Simply by introducing some friends to this brokerage community, you may make some quick money. For each friend that joins DXCBIT, you will receive a bonus.

The name of DXCBIT also has changed. Traditionally, the incentive is only given to one friend who suggests a friend. Nothing is given to the friend who is referred. The DXCBIT has changed this tradition. Both of them get compensated.

Bonuses are awarded based on criteria specified by the broker. It has a four-tiered reward scheme for its consumers. Users will receive more prizes as they go through the tiers. It’s also worth noting that a trader may make up to $300 before even starting to trade.

Education For Traders

DXCBIT has made yet another noteworthy move by dedicating a part of its site to education. This function is accessible to consumers with any of the six account categories, and there are no limitations. Professional traders will benefit more from this feature than amateur traders. This function is available on the official website and may be utilized at any time. There is a variety of instructional information on the website that may be utilized to learn about and enhance the skill of cryptocurrency trading.

Feedback, e-books, sophisticated analytics, seminars, and a range of other tools are available on the website. This vast library of instructional resources is accessible in several forms, allowing the customer to select the one that best suits his needs. Videos, online courses, and tutorials are also offered. This website’s material is one-of-a-kind. Almost every element of online trading is covered in this article. Whenever a trader has a problem, he or she can go to the website’s education area for help.

The webinars will be attended by highly trained and informed cryptocurrency traders who will enlighten customers about investor confidence and help them avoid costly blunders. In comparison to other financial markets, cryptocurrency trading is a relatively new concept. Therefore it is continuously changing. For both beginner and expert traders, there will always be something new to learn.

Finally, there is a glossary on the webpage. It explains all of the main terminology and phrases used in bitcoin trading. This means they’ve solved all of the traders’ issues to the level where they don’t need to utilize another platform anymore.

24/7 Customer Service

The goal of a successful and professional business is to please customers. This goal demands the creation of a communication channel between brokers and traders. DXCBIT prioritizes customer service, as it does in other areas. They have also opted not to take these services for granted. They are constantly accessible to help and advice their consumers anytime they want assistance.

On their website, they have a FAQ area where you can get solutions to all of your commonly asked questions. They have other alternatives if they can’t come up with a reasonable justification.

Contact information is already available on the website. Clients may always rely on their experience for assistance. You may contact them and get your query answered even if you don’t already have an account. If you’re not comfortable making calls, the DXCBIT platform also has an email communication option. They’ll get back to you as soon as possible.

Conclusion

DXCBIT has my admiration since I have found it to be excellent in all of its offerings. The platform’s dedication to its clients is demonstrated by the services it provides to traders. For them, Customer satisfaction has more significance than greater profit. The platform is self-contained, and client satisfaction is never jeopardized. It has prioritized the consumer’s benefit without being greedy at every stage, from giving a user-friendly interaction to attempting to educate its clients, from cheap initial investments to currency selection for trading, from customer support to multilayered security.