Last update: Apr 15, 2022

StormGain Review

In the Cryptosphere, hundreds of cryptocurrency trade exchange platforms are available but only a few stand out. StormGain is one of those exchanges. Our StormGain review will help explain why this trading platform grew so quickly.

  • StormGain


    1. Operating Since 2019
    2. Currencies Supported 20+ cryptocurrencies
    3. Fees Varies
    4. Deposit Methods Credit and debit cards, cryptocurrencies via e-wallets
    5. Fiat Currencies No
    6. Verification Methods 2FA
    7. Margin Trading Yes
    8. Futures Trading Yes

What Is StormGain?

StormGain is the one-stop solution to cryptocurrency trading. After registration, you gain access to the wallet that lets you invest in major cryptocurrencies. You can perform high-leverage trading from profitable cryptos.

With StormGain, users can smartly trade and invest in digital assets. Furthermore, they can store and trade digital assets with the built-in multi-currency wallet. StormGain also equips users with substantial trading information before buying, storing, and trading cryptocurrencies.

About the Smart Trading Platform

StormGain entered the cryptocurrency market in 2019. StormGain is a centralized exchange headquartered in London and registered in St. Vincent and the Grenadines.

Finance Magnate nominated StormGain as the Best Emerging Fintech Startup and Best Multi-Asset Trading Platform. Later, the platform made headlines by becoming the official crypto trading partner of the SS Lazio football team.

StormGain launched with the aim of making cryptocurrency trading more profitable for everyone. Today, StormGain is more than just a place to buy but also a great place to earn, swap, and mine cryptocurrency. It enables users to trade effortlessly in global markets.

The StormGain platform offers a five-tier loyalty program from Standard, Gold, Platinum, Diamond, to VIP. It also offers bonuses and discounted commissions for each tier based on the user’s trading volume and account balance.

Thanks to positive press coverage and sponsorship deals, StormGain has gained a good reputation. It operates transparently and has many trusted users worldwide.

Note: This trading platform is unregulated.

Easy User Registration

Opening a cryptocurrency trading account is very simple. StormGain offers especially easy and hassle-free registration. Users can sign up with basic information such as their name, email address, and mobile phone number.

On StormGain, identification verification or Know Your Customer (KYC) is not required. Additionally, you can sign up with an existing Apple ID or Google account. As soon as you deposit funds, you can start trading.

Still unsure? Try the service for free. Create a StormGain demo account with 50,000 USDT to practice your trading skills before creating a real account.

Bitcoin and Other Kinds of Supported Cryptocurrency

The StormGain crypto wallet supports popular cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin, and Tether (USDT).

Users can invest in crypto index funds to access a diversified basket of digital currency assets. StormGain also offers three cryptocurrency indices for trading: crypto index 3, 5, and 10.

Crypto index 10 is the safest bet for many users. This exchange covers 90% of the cryptocurrency market and enables users to trade in popular cryptocurrencies.

StormGain also offers trades in 17 crypto futures in all six popular cryptocurrencies. StormGain is a good platform for beginners and experienced traders despite its limited selection of digital currencies.

Basic Trading Fees and Limits

StormGain’s competitive fee structure has played a significant role in its rapid growth as a popular crypto exchange.

First of all, StormGain charges low commission. Even better, it has no trading fees and users only pay for trades that earn them profits. StormGain charges a 10% commission on profitable trades.

StormGain charges flat fees to buy and sell cryptocurrency. Exchange rates vary depending on the trading pair used. For example, the BTC and ETH pair cost 0.25% whereas the BTC and USDT rate is 0.08%.

To fund your account, you can easily buy cryptocurrency assets using a credit card or transferring assets to the wallet. StormGain charges 5% on debit and credit card deposits, or a minimum of 10 USD. The initial deposit to start trading is 50 USD.

However, StormGain wallet does not allow conversion from crypto to fiat currency. Withdrawals to another cryptocurrency exchange or cold wallet incur a 0.1% fee. In contrast, most exchanges only charge a network or mining fee.

Advice: Entering the correct information during a withdrawal is essential. Stormgain has no retrieval or refund policy for lost crypto assets.

Trade Cryptocurrency and Earn Interest

Instant exchange services allow users to trade cryptocurrency without relying on third-party services such as SwapSpace or SimpleSwap. StormGain users can conveniently swap one cryptocurrency for another though basic trade exchange rates apply.

What type of trading strategy should you use?

Short-term trading involves buying assets to sell soon. In comparison, long-term trading is buying assets and holding onto them. Many traders believe the index will rise over time regardless of market volatility.

StormGain encourages users to buy and hold their funds, which can turn their portfolio into a healthy profit over time. Plus, you can earn passive income from your cryptocurrency holdings. Specifically, you can earn an interest of up to 12% on all cryptocurrency deposits.

Information: Users need to unlock the higher loyalty tiers to earn the full 12% interest rate on digital assets. Any interest accrued qualifies for withdrawal as USDT after 30 days.

Keep reading this StormGain review to learn more about the platform’s top highlights and features.

StormGain's Best Trading Features

StormGain offers sophisticated features with a user-friendly interface, allowing you to trade cryptocurrencies like a pro.

First, the platform’s data analysis tools help you make better decisions. You can use advanced charting and trading tools to trade smartly. The full-screen charting system depicts progressive cryptocurrency prices, trends, and indicators.

StormGain’s trading platform also enables users to make high leverage trades. Trading digital currencies with up to 300x leverage can result in large profits depending on the exchange price.

Leveraged cryptocurrency trading can be risky. However, users can learn how to manage risk with StormGain’s built-in tools like stop-loss or take-profit order. A stop-loss order can automatically buy or sell cryptocurrency at a specified price.

Overall, StormGain provides the means to help you feel more comfortable and confident when trading. Users can take advantage of the platform’s cryptocurrency indices. These indices allow users to choose pre-selected digital assets from a pool of cryptocurrencies.

StormGain also runs and operates an internal cloud mining network. Users can cloud mine on the platform by logging into a cloud miner. Cloud mining does not require a direct download onto your computer but rents mining power from third parties.

Lastly, Stormgain has trading signal tools that deliver tips and forecasts. It also features video tutorials to help new users learn how to use the platform.

Tip: Earn a referral bonus by inviting other users to the platform. Bonus commissions have a set rate of 15%.

Security Measures

StormGain wants to keep your crypto funds safe by constantly improving security measures and policies. The platform’s standout security features include two-factor authentication (2FA), AES-256 encryption, and real-time monitoring.

StormGain uses 2FA protection for all accounts to prevent account hacking. The platform advises users to set up 2FA and use separate email accounts for trading. Furthermore, all logins and withdrawal requests require 2FA confirmation.

StormGain lets you store your crypto assets in secure wallets such as cold wallets. Cold wallets remain offline, making them nearly impossible to hack.

24/7 Customer Support

Customer support is also key when considering a cryptocurrency exchange. StormGain has a 24/7 live chatbot and email support where customers can ask questions. Alternatively, you can get help by joining the official Telegram group.

StormGain has a solid knowledge base that includes useful information and troubleshooting solutions. Diverse sections and categories provide an easy way to browse topics you might find interesting.

Customers have generally given the platform positive reviews. Trustpilot, a respected third-party review website, has given StormGain 4.3 stars out of 5. StormGain typically responds to negative reviews within two business days.

Pros:

  • Simple and easy to use interface
  • Recommended for beginners
  • Low trading fees
  • Instant withdrawals
  • Trade leverage up to 300x
  • Crypto cloud mining tool

Cons:

  • Offers few research options and tools for experts
  • No automated bots
  • Still not regulated in many countries

FAQs

Is StormGain legitimate?

Based on our research, StormGain appears to be a legitimate cryptocurrency trading exchange. It is a member of the Blockchain Association regulated by the Financial Commission.

Does StormGain have a mobile application?

StormGain has an official mobile app. You can download the app on Android and IOS devices. All the platform’s web and desktop features are available in the mobile app.

What is USDT or Tether currency?

USDT, or Tether, is a type of cryptocurrency that aims to keep crypto prices stable. Users rely on the USDT currency to avoid the volatile nature of other cryptocurrencies. With USDT, users can trade digital currencies without over-exposing their capital and protect their portfolios against sudden price changes.

Can I learn how to trade on StormGain?

StormGain provides a wide range of educational resources including dedicated account managers to assist beginner users. In addition, when you sign up for StormGain, you will get a real and a demo account. The platform allows you to seamlessly switch between the real and demo account.

Is StormGain available in other languages?

StormGain is available in over ten languages. Popular languages include English, German, Dutch, Italian, French, Polish, and Spanish.

Conclusion

Considering StormGain’s growth rate, it is poised to overtake the leading cryptocurrency trading platforms such as Binance and CoinBase. StormGain has gained 5 million-plus users since its launch in 2019.

StormGain is highly popular because of its three core services: leverage trading, trade exchange, and secure wallet. Overall, the platform simplifies cryptocurrency trading. It is one of the few cryptocurrency exchanges that guarantees a 12% return on investments and allows credit card deposits.

Compared to other popular platforms, StormGain offers reasonable fees for trading cryptocurrency directly on the exchange. Another perk is its 10% commission charge only on profitable trades. An included cost calculator lets you see how much it costs for each trade exchange conversion.

Buying cryptocurrency on the platform is extremely easy and lightning-fast. Advanced technology has pinned this platform ahead of the competition. StormGain even provides trading tools that use Artificial Intelligence to improve your likelihood of making a profit.

In today’s world, cryptocurrency users expect a good balance between convenience, cost, and security. StormGain is a 24/7 platform offering this balance along with exclusive features and perks. We are confident that you have gained valuable knowledge about the exchange after reading this StormGain review.

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.