How To Trade With Over 200x Leverage – StormGain Review (2021)

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:

  1. What Is StormGain?
  2. StormGain Features
  3. StormGain Products & Services
  4. Countries And Currencies Supported On StormGain
  5. Supported Payment Options And Fees Charged By StormGain
  6. Transaction Limits And Verification Requirements
  7. StormGain Support Channels And Public Opinion
  8. How To Get Started On StormGain
  9. FAQs
  10. Conclusion

A click on any item above will reveal its details immediately.

Happy reading!


1. What Is StormGain?

stormgain

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!

Visit Site


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 pairFees
BCH/BTC0.25%
BCH/USDT0.095%
BTC/BCH0.25%
BTC/ETH0.25%
BTC/LTC0.25%
BTC/USDT0.095%
DASH/USDT0.25%
ETH/BTC0.25%
ETH/USDT0.095%
LTC/BTC0.25%
LTC/USDT0.095%
USDT/BCH0.095%
USDT/BTC0.095%
USDT/DASH0.25%
USDT/ETH0.095%
USDT/LTC0.095%
USDT/XLM0.25%
USDT/XRP0.095%
USDT/ZEC0.25%
XLM/USDT0.25%
XRP/USDT0.095%
ZEC/USDT0.25%
BCH/BTC0.25%

Deposit

Payment MethodCharge
SEPA Bank TransferNil
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.

CoinFixed Withdrawal fee
USDT50
BTC0.0006
BCH0.00039
ETH0.03
LTC0.0018
XRP0.371
DASH0.002
ZEC0.002
XLM0.04

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 pairMax. Multiplier
DOGEUSDT30
ETCUSDT50
ZECUSDT50
ADAUSDT50
EOSUSDT50
NEOUSDT50
IOTAUSDT15
QTMUSDT50
TRXUSDT50
XMRUSDT50
XLMUSDT50
DASHBTC50
DASHUSDT50
BSVUSDT50
XTZUSDT50
LINKUSDT50
ATMUSDT50
MKRUSDT50
ONTUSDT50
LTCUSDT100
BTCUSDT300
LTCBTC50
ETHBTC50
BCHBTC50
YFIUSDT50
UMAUSDT50
COMPUSDT50
SNXUSDT50
DOTUSDT50
VETUSDT50
UNIUSDT50
ZRXUSDT50
BCHUSDT100
ETHUSDT100
XRPUSDT50

Exchange

There is no maximum limit to the amount of crypto you can exchange.

Find the minimum limit for each pair below:

Crypto pairMinimum Units
BCH/BTC0.00000001 BCH
BCH/USDT0.0001 BCH
BTC/BCH0.00000001 BCH
BTC/ETH0.000000001 ETH
BTC/LTC0.00001 LTC
BTC/USDT0.00001 BTC
DASH/USDT0.001 DASH
ETH/BTC0.000000001 ETH
ETH/USDT0.0001 ETH
LTC/BTC0.00001 LTC
LTC/USDT0.001 LTC
USDT/BCH0.0001 BCH
USDT/BTC0.00001 BTC
USDT/DASH0.001 DASH
USDT/ETH0.0001 ETH
USDT/LTC0.001 LTC
USDT/XLM0.1 XLM
USDT/XRP0.1 XRP
USDT/ZEC0.001 ZEC
XLM/USDT0.1 XLM
XRP/USDT0.1 XRP
ZEC/USDT0.001 ZEC
BCH/BTC0.00000001 BCH

Deposit (Debit/Credit Card)

CurrencyMin. depositMax. deposit
USD50 USD20 000 USD
EUR50 EUR20 000 EUR
AUD70 AUD50 000 AUD
CHF50 CHF20 000 CHF
CZK1000 CZK1 000 000 CZK
DKK350 DKK200 000 DKK
GBP40 GBP20 000 GBP
HUF15 000 HUF20 000 000 HUF
KRW60 000 KRW100 000 000 KRW
ILS200 ILS100 000 ILS
NOK500 NOK500 000 NOK
NZD80 NZD50 000 NZD
PLN200 PLN200 000 PLN
RUB3000 RUB10 000 000 RUB
SEK500 SEK500 000 SEK
TRY300 TRY500 000 TRY
ZAR800 ZAR1 000 000 ZAR

Deposit (Crypto)

No maximum amount for crypto deposits.

Find the minimum limits below:

CurrencyMin. deposit
USDT1 USDT
BTC0.00003 BTC
BCH0.003 BCH
ETH0.001 ETH
LTC0.0072 LTC
XRP4 XRP
DASH0.008 DASH
ZEC0.01 ZEC
XLM4 XLM

Withdrawal (Crypto)

No maximum limit was specified for withdrawals

Find details on the minimum limits below

CurrencyMin. withdrawal
USDTwith no restrictions
BTC0.0014 BTC
BCH0.11 BCH
ETHwith no restrictions
LTC0.36 LTC
XRP170 XRP
DASH0.4 DASH
ZEC0.5 ZEC
XLM170 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
  • [email protected]

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

2. Complete the registration form and hit continue

stormgain reg

3. Based on your preference, select a real account or a demo account to proceed

4. You’re in. Have fun trading!

stormgain interface

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

Is StormGain Safe?

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.

What is the best leverage to trade with?

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.


Other interesting platforms you shouldn’t miss:

8.3

Supported currencies

10.0/10

Ease of use

9.0/10

Transaction fees

6.0/10

Reputation

8.0/10

Pros

  • Great UI
  • Excellent Customer Support
  • Demo account
  • Advanced Trading Tools

Cons

  • Very high fees

Chinma Udeji
Le's connect

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