A Scam or a Legit Trading Platform? Most Updated Review【2022】
Name: Bitcode Legend
Description: A Scam or a Legit Trading Platform? Most Updated Review【2022】
Offer price: FREE
Application Category: Trading Bots
Author: Fintech Insight
- $250 minimum deposit
- Demo account
- Withdrawals are easy
- A user-friendly platform
- Multiple tradeable cryptocurrencies
- Wide selection of trading options and order types
- Extremely user-friendly platform
- Multiple ways to purchase cryptocurrency
- Well-known and trusted
- Requires continuous monitoring of functionality
Bitcode Legend offers users the ultimate comprehensive trading package. It provides a trading platform that features excellent educational and trading tools along with an extensive range of tradable symbols. This trusted multi-asset trading platform, Bitcode Legend, is traded publicly and regulated around the globe. Continue reading this comprehensive Bitcode Legend review to understand its ranking among the best trading platforms.
Introduction to Bitcode Legend
Bitcode Legend offers traders a comprehensive variety of financial services and products through a well-established cryptocurrency web trading platform, allowing traders to not only buy but also sell and trade a variety of cryptocurrencies and other assets.
Anyone looking to enter the world of trading can do so through Bitcode Legend; with its easy-to-navigate platform, novice traders can simply invest in a selection of stocks and shares. Likewise, Bitcode Legend is equally as good a choice for professional traders, providing an excellent web trading platform that offers a decent range of markets and delivers high-quality research and educational content.
Features of Bitcode Legend
Features offered by Bitcode Legend include, but are not limited to:
Regulated Trading Platform
Bitcode Legend is a highly regulated trading platform. It is one of the select few trading platforms available that happen to be regulated in more than one jurisdiction.
Excellent Investor Trading
The educational support and trading offered by this trading platform are considered among the best. Bitcode Legend provides its users with an extensive range of educational materials. This ensures that its clients are kept up to date with the latest news and events happening in the financial markets. Furthermore, users that are wanting to improve their trading skills and understanding can do so through Bitcode Legend’s range of courses.
Great Variety of Assets
A great feature of Bitcode Legend is the extensive range of assets it offers its users. Clients have the option of choosing from more than hundreds of different instruments and more. This includes a large number of stocks and major commodities, as well as all major currency pairs. Having a variety of assets is attractive to traders as they are given the opportunity to potentially make or lose money across many markets using different instruments.
Some major cryptocurrencies supported by the Bitcode Legend trading platform is:
- Bitcoin (BTC)
- Dogecoin (DOGE)
- Ethereum (ETH)
- Ripple (XRP)
Some smaller cryptocurrencies and altcoins that Bitcode Legend supports are:
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Nem (XEM)
- Stellar (XLM)
- Cardano (ADA)
How to Sign Up to Bitcode Legend
Opening an account with Bitcode Legend is fairly simple as well as fully digital. Since the opening process of Bitcode Legend is extremely streamlined, it shouldn’t take users longer than a business day to complete.
To get started, head on over to the trading platform’s website. On the homepage, you come across the option to “Register Now.” Click on this to begin registering an account with Bitcode Legend.
Here, you will have the option of either registering with your email or your mobile number. Once complete, you will be required to verify the option you decided on. Enter the code that was sent to you by Bitcode Legend via either email or text message, depending on which registering option you used.
When this step is done, you will further be required to verify your identity. In order to do this, you will need to send the trading platform a copy of basic identity documents. This can be anything from government-issued IDs to passports and even your driver’s license. You will also need to comply with a facial recognition scan. Anyone who may need help when complying with the immediate verification can use the instructional video available in the corner of the screen.
Once users have successfully submitted the documents, they are now considered verified members of Bitcode Legend. Thus, their accounts should now be active and ready to trade. From here on out, users have the option of deciding whether they want to trade on the Bitcode Legend platform themselves or have an account manager or partnered broker trade for them. Recommended account managers and partnered brokers normally get into contact with newly registered traders shortly after they have created an account with Bitcode Legend.
How to Use Bitcode Legend
Learning how to use Bitcode Legend may prove to be quite an overwhelming experience for those traders that don’t actually know yet what they are doing. Luckily, this Bitcode Legend review describes exactly how one would go about depositing and withdrawing funds from Bitcode Legend.
In order to deposit funds into your new Bitcode Legend account, start by selecting the “Buy Crypto” option. This can be found somewhere in the top left-hand corner of the screen. Then, proceed to select “card deposit.” As an alternative, deposits can also be made by selecting the “wallet” option. This can also be found somewhere in the top left-hand corner of your screen.
To withdraw funds for your Bitcode Legend account, you will need to select the “wallet” option. Then, select the “Fiat and Spot” button. You will then be referred to a page where you will have the option to withdraw your funds in your selected currency to your bank account.
No Bitcode Legend review would be complete if there wasn’t a discussion on how to trade using Bitcode Legend. To begin trading, you first need to fund your account. The minimum standard deposit accepted by Bitcode Legend for a user to be eligible for trading is $250.
Once you have deposited the minimum amount or more into your Bitcode Legend account, you should now set your market position. Like all trading platforms, Bitcode Legend requires its users to have some sort of trading strategy.
Taking into consideration novice traders, Bitcode Legend offers many educational tools and resources that help users to set a market position. Furthermore, users can also choose to accept the guidance of a recommended trading partnered broker or account manager that reached out to them. They help a Bitcode Legend user make wiser decisions when determining how much they will invest and at what amount they will withdraw, should they have an amount to withdraw in the first place. Financial markets are extremely risky and volatile; thus, profits are not guaranteed.
All that is left to do to start trading, users can either monitor their Bitcode Legend account at regular intervals or simply let their trading partnered broker or account manager take over from here.
Is Bitcode Legend the Trading Platform for You?
Regardless of the disadvantages inherent in Bitcode Legend, its diverse offerings, low fees, and advanced trading platform ensures that Bitcode Legend is able to remain a top contender for the majority of Bitcoin and other cryptocurrency traders. Hopefully, this review was able to help you decide on a trading platform that is best for you and your needs as a trader.
Frequently Asked Questions
Are My Funds Secure with Bitcode Legend?
In short, yes. Investor funds are safe and kept in segregated accounts. Furthermore, the services that Bitcode Legend provides are fully compliant with high-security standards, ensuring users that their data and funds are safe and secure.
Does Bitcode Legend Offer Mobile Trading?
Bitcode Legend does not offer users extensive support for mobile trading as no mobile apps are offered for iOS or Android devices. However, Bitcode Legend’s web-based platform offers users a smooth trading interface that allows for seamless trading. More so, extensive trading support and trading are also available via Bitcode Legend’s web platform.
Are US Citizens Permitted to Register with Bitcode Legend?
The Bitcode Legend trading platform accepts clients from all around the world, including the United States of America. Today, US citizens can register with Bitcode Legend.
Does Bitcode Legend Feature a Demo Account?
Bitcode Legend allows for the registration of a demo account. However, users will first be required to sign up for a full Bitcode Legend account before proceeding to test out the available demo account. Therefore, users are still required to provide information relating to their identity, address, and any other personal details.