Dripcoin Review – An Ideal Alternative For Crypto Trading

Introduction to Dripcoin 

Due to the crypto trading market having quickly emerged, there are more and more crypto trading brokers taking part in the field these days. This is also the case of Dripcoin – a modern cryptocurrency trading provider which offers digital asset trading via their modern web-based platform. The brand has made a great effort to make crypto trading via its trading platform a simple experience for any trader, whether novice or expert.

Payment methods

Dripcoin offers a wide range of payment methods for deposits and withdrawals. Clients can choose to use a credit/debit card, wire bank transfer, or crypto e-wallet to fund their accounts. However, it is necessary to note that withdrawals are returned via the same method that you used for deposits. Moreover, to make sure funds are returned to the legal owner, the brand also asks for verification of information upon request.

The speed of trade execution really matters particularly when dealing with one of the most volatile markets like crypto trading. As a result, Dripcoin has employed advanced technologies to ensure that trades can be executed as quickly as possible. It takes about 7 business days for withdrawals to be processed. So, Dripcoin is also highly appreciated for its efficient and quick withdrawal process, which is an important part of trading effectively and is also one of the traders’ highest priorities.

Trading platform

Dripcoin employs a web-based trading platform that allows clients to access a wide variety of crypto assets. Its platform is equipped with dozens of charts, based on studies, where traders can monitor multiple assets easily. Furthermore, the trading platform speed allows quick execution of trades and a customizable interface as well. It is a really fast and feature-rich trading platform with many essential tools, designed for active traders.

Disadvantages of using Dripcoin

Although there are clear advantages of using Dripcoin as we have already mentioned above, there are also several disadvantages that are worth noting. First, after trying Dripcoin, we find the main disadvantage is that there are no other assets to trade on, other than crypto. Some traders are looking to explore this asset class solely, and Dripcoin is ideal for them. However, if you want to have a mixed portfolio, we recommend opening an account with Dripcoin as well as with another brokerage brand.

Another disadvantage of using Dripcoin is that it is not available in an app format and its website is published only in English and Spanish. This causes a lot of potential for the English-speaking and Spanish-speaking public but is an inconvenience for customers who are not good at those two languages.

The Bottom Line

After considering the pros and cons of using Dripcoin, we can see that the broker has enough features to satisfy all crypto traders, whether novices or experts in the field of crypto trading. Although the brand doesn’t offer an app format, their web-based platform is accessible, user-friendly, and a one-stop shop to access the global crypto trading markets. To conclude, Dripcoin is a perfect alternative to consider should you choose to trade cryptocurrencies.