RoyalCBank Review
Since it came to light how Bitcoin investors had their fortunes changed within a matter of days in 2017, cryptocurrencies have gained a lot of limelight. Even though they were first introduced in 2009, they were not as popular as they are today. In the last two years, this trading instrument has dominated the market, which explains why a ton of other cryptocurrencies can be found. Like everyone else, you also want a piece of the pie and there is absolutely nothing wrong in doing so. After all, there is the potential of earning thousands or even millions.
Broker website: https://www.royalcbank.com
But, in order to get started, you have to find a cryptocurrency broker first. Those are also plenty in number, thanks to the popularity of this instrument. However, you need to choose one you can stick with in the long-term, which means a broker that can provide you with all vital features. As this industry has had its fair share of scams, you need to be cautious in your selection. Royal C Bank is one broker that will certainly not disappoint you. The broker has a plethora of features to offer and they are highlighted below:
- A profitable and extensive profile of cryptocurrencies
Given that it is a cryptocurrency broker, RoyalCBank offers traders with a number of the trading instrument to choose from. If you take a look at the market, you will notice that there are hundreds of thousands of options, but it should also be noted that not all of these are going to last for long. Some crypto coins are unable to survive for more than a few months. You don’t want to risk your money in such cryptocurrencies. To help you avoid such risks, the broker has only added profitable cryptocurrencies to its asset index. It ensures that you can enjoy the best of the best in the market, such as Bitcoin, Ethereum, Ripple, Litecoin and even Bitcoin Cash.
- An easy-to-use trading platform
If you are new to the world of crypto trading, you would want to avoid all sorts of complications. This is especially true when it comes to the trading platform because this is the primary software you use for conducting your trades. RoyalCBank caters to traders from different backgrounds and so it has developed a web-based platform that gives them the flexibility they need and is also easy-to-use. It saves you from the hassle of downloading or installing anything, including security patches. Also, you can access it on any device that has a web browser so you are not restricted. The platform works without a hitch and gives you a seamless performance. You can make trades quickly and watch them reflected in real time to see your profits and losses.
- A cost-effective solution to crypto trading
It is understood that you will have to pay your broker for the services you provide. But, how they charge you and what they charge you can vary for every broker. Some brokers charge commission, which is usually a percentage of your profits while others use the system of spreads, which is the difference between the buy and sell price of a cryptocurrency. Luckily, RoyalCBank has chosen to forgo the commission model, which is a benefit because it can be immensely costly in most cases. They offer you some of the best and tightest spreads in the industry, which keep your trading costs as low as possible.
- A number of account types
You have to make an account with a broker in order to start crypto trading. RoyalCBank stands out here by offering some of the most extensive options that you will come across in crypto brokers. They have six account types, which indicate that the broker is ready to fulfill the needs of all kinds of traders, no matter what their experience or background is. You can open the Basic account if you are new and it just requires a deposit of $250. This account comes with some essential features like customer support, Daily Market Review, price alerts, PRO webinars, a welcome bonus of 30% and access to the education center.
The second option is the Beginner account with a minimum deposit of $10,000, a welcome bonus of 40% and a junior account manager. The Medium account increases the loyalty bonus to 60%, the deposit requirement is now $25,000 and a senior account manager is provided. The Advanced account can be opened with $50,000 and provides a 70% loyalty bonus, along with a VIP account manager. The PRO account is next, with a deposit of $100,000 and offers an 80% welcome bonus. The last account is the VIP account, which is only available to some traders who fulfill specific requirements.
- A robust customer care department
Royal C Bank understands the importance of providing customer support to its clients. When you are trading in the market, there is a possibility you may encounter a problem or may have a question regarding the broker’s procedures. You will obviously need answers as soon as possible and this is where customer support comes in. The broker first has an FAQ section for answering common questions. If you need additional assistance, they give you the option of contacting them through email, a live chat option or even call them up if it is urgent.
- A secure trading environment
Last, but certainly not the least, RoyalCBank has gone to great lengths to ensure its customers feel safe when using its platform for trading. Therefore, they have used the highest standard of encryption for keeping all data hidden from unauthorized individuals and third parties. Anyone who wants to sign up has to verify their identity with proper documentation. As for financial security, funds are kept in segregated accounts and there is also a compensation policy that will give you $20,000 in case anything goes wrong.
Thus, RoyalCBank can provide you what you are looking for in order to trade cryptocurrencies successfully.
