CryptoAltum is a next-generation crypto trading platform focused on disrupting crypto trading by offering an array of functionalities and advanced features. The platform offers traders the world’s over advanced crypto trading services and a vast selection of cryptocurrencies through the popular MT5 platform.
A Brief Introduction To CryptoAltum
CryptoAltum was founded in 2020 and is dedicated to cryptocurrency trading, offering users over 60 trading pairs while adding new cryptos on a constant basis. The platform utilizes a straight through processing (STP) brokerage model, enabling all trades to be filled automatically. The platform also offers a host of traditional financial products such as commodities, forex, and stock indices.
The platform is ideal for the modern trader who looks to profit from the volatility of assets through a single platform. CryptoAltum has established itself as one of the most preferred trading platforms thanks to advanced functions such as scalping, hedging, EA trading, and ECN/STP.
The Lowest Trading Fees
After a comparison with its peers, CryptoAltum has emerged as the platform with the lowest trading fees. Low trading fees are hugely important, as high fees directly impact your bottom line. During a comparison between CryptoAltum, ByBit, Phemex, and PrimeXBT, CryptoAltum came away with the lowest trading fees by a mile.
During the comparison, a trade of 1 BTC was placed on all of the platforms mentioned above, and CryptoAltum blew the competition out of the water, with a trading fee of just $23.90, compared to $43 for PrimeXBT, $51.62 for ByBit, and $64.19 for Phemex. This is possible because CryptoAltum only charges fees on the open charge and never on the close charge, unlike its peers that have fees on the open and close, as shown in the table below. The fees on CryptoAltum are nearly half of those on its peers.
A Clear Winner In Customer Support As Well
Customer support has always been the bane of trading platforms, with users almost always unhappy with the support, or lack of, on most platforms. Trading platforms offer limited customer support, usually over e-mail or a chatbot. The former usually takes days to revert, while the latter can only provide limited help.
In another comparison between the four platforms, CryptoAltum once again emerged as the clear winner, offering more communication channels. While ByBit, Phemex, and Prime XBT provided limited support through live chat and e-mail, CryptoAltum offered support through live chat, e-mail, WhatsApp/Telegram support, phone support, and live video/screen share support.
New traders can sign up with this link.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2022/04/cryptoaltum-the-next-generation-trading-platform-with-the-lowest-fees