TurboXBT is one of the digital assets trading platform that offer trading
on crypto, forex, indices, and commodities best on the prediction of the
underlying digital asset either going UP or DOWN within a specify time frame.
This types of trade is similar to binary trade, but their main different
is that TurboXTB offer trade best on the cryptocurrency it’s important to know
the value of crypto you’re trading before placing a simple trade, while in
binary trading your placing a trade base on the USD,GBP,EUR and other currency
amount.
TurboXBT offer a potential high profit yield of 90% on a single trade.
The company is regulated in Grenadines, a blockchain friendly
jurisdiction country.
TurboXBT Pros & Cons
Pros
·
Instant 90% profits on single trade.
·
1000$ virtual fund on demo account.
·
$1 minimum deposit
·
Speed — Orders can be placed instantly within a few clicks after
logging in.
·
Safety — Bank-grade security to safeguard all user’s funds.
·
Convenient deposit methods include BTC, ETH, USDT, USDC
·
Bank Card deposit and withdrawal
Cons
· Limited number of assets
TurboXBT Tradable Assets
Turboxbt
offer their users to trade crypto, forex pair, commodities and indices on a
short term contract or basis to predict the price movement of an assets within
a specific time frame. The turboxbt offer a range of trading time frame from 15
minutes to 30 seconds.
Cryptocurrencies
Turboxbt
have limited number of crypto to trade on like other giant crypto-exchanges. But
Turboxbt platform offer trade on most popular crypto like Bitcoin (BTC),
Etherium (ETH), and many more other crypto
Forex:
Turboxbt
platform allow their users to trade forex currency pair like other forex
trading platform, but there are limited number of currencies pair to trade now
it’s only offer few currency which include:
·
British pound (GBP)
·
Euro (EUR)
·
United States Dollar (USD)
·
Australian Dollar (AUD)
·
Canadian Dollar (CAD)
·
Swiss franc (CHF)
·
Japanese Yen (JPY)
·
New Zealand Dollar (NZD)
Note
that it is important to know forex trading market is open 5 days a week, 24
hour a days with different trading time zone like London session, New York
session, Sydney session, and Tokyo session and also you will find a currency
pair base on that trading session an example of currency pair is EUR/USD,
USD/JPY, and USD/AUD. while the crypto trading is open 24 hour a days and 7
days a week.
Below are the table of four forex trading Session
|
Trading Session |
Opening Time |
Closing Time |
|
Sydney |
9:00
pm UTC |
6:00
am UTC |
|
London |
7:00
am UTC |
4:00
pm UTC |
|
New
York |
1:00
pm UTC |
10:00
pm UTC |
|
Tokyo |
12:00
am UTC |
9:00
am UTC |
Commodities:
Turboxbt
doesn’t allow their users to take ownership of any of these assets, but only
allow them to trade best on the speculation of the prices movement of that
commodities assets on short time basic between, 15 minute to 30 seconds time
frame.
If
your prediction is correct you earn 90% profit on that single trade, if not
correct you lose your fund too.
. Indices:
Turboxbt
users can trade major indices in their platform and access the popular indices
like NASDAQ, GER30 and S&P 500. In Turboxbt platform all trade are based on
the speculation of the price movement either going up or going down within a
specific time frame. The company offer access to 38 different digital assets
available in their platform.
TurboXBT Fees and Commissions
There is no any commission charge fees in Turboxbt for either deposit or withdrawal of cryptocurrencies. But the platform do charge for network fees. This means that TurboXBT charges a 10 percent premium on successful trades.
Note
that TurboXBT charge 3.5% fees on VISA/Mastercard deposit and also 1% on Bank
transfer
Impressive Trading Spreads
The Turboxbt platform partner with high liquidity provider to offer a very competitive bids and ask prices for some trading pair. This helps the company to make up for the not paying other commission fees in their platform.
TurboXBT User Experience
The Turboxbt platform has a
good user-interface with awesome graphic design nice looking and easy to
navigate to explore all the feature. Available for both beginners and
experience traders. In addition to that the platform are more secure to keep
your digital assets safe their provide and encourage users to set up two factor
authentication (2FA) for more security, and also cold storage for keeping
cryptocurrencies, multi-sig wallets, and address whitelisting.
TurboXBT’s team also reviews manually for all
withdrawal requests to check for possible signs of fraud. While none of these
is a 100 percent guarantee of security, this is really amazing for more security.
The platform also has good respond in term of complain or any helps, their customer support do amazing job you can do live chat with their representative for easy access this services is available for all users.
Privacy
Turboxbt doesn’t require KYC (Know Your Customer) process before signing
up with their platform, the platform only require a new customer to provide
some personal information and confirm your account, and to start trading.
This is good for those that don’t want to go for platform that require
KYC protocols before using their service. But you should know that KYC (Know
Your Customer) process is help the government and companies to detect
fraudulent transactions.
Due to not providing the KYC makes government, financial institution and other sisters institution abuse, but much more less for the scams. The consequences of none KYC is that you are held responsible for your funds. so make sure you cross-check the detail of any transactions you’re doing to ensure everything is as it’s supposed to be before executing anything.
Commission-Free Trading
TurboXBT platform is a completely commission-free trading. It’s entirely
free to open and close positions on the platform.
Quick Trading Interface
Turboxbt users has
access to responsive quick trading interface for highly quick trade, this
service allow users to enter and exit trade position instantaneously. this is
so important as turboxbt offer a short-term contract service, and the nature of
crypto and commodities are very volatile in nature the turboxbt quick trading
interface are simple to use and also this will helps you to enter and exit
trade at the right time is depend on your trading strategy.
Demo Account
Turboxbt
platform offer a free access to demo account with $1000 virtual fund for
practicing and testing trading strategy. This is really so important for trader
to test and confirm a working strategy before entering a trade as trading
digital assets are very risky this will help you to reduce losing morney. To
get access to turboxbt demo account just sign up.
TurboXBT Low Minimum Account
You don’t need to have hug account of fund before starting with Turboxbt platform the Turboxbt minimum deposition is $1 this is really impressive as other platform require you to deposit not lessthan $10 and more.
TurboXBT Mobile App
Turboxbt has a mobile app for
trading with good user-interface very nice looking graphic interface and have
access to 38 trading pairs with easy deposition in crypto like Etherium (ETH)
and bitcoin (BTC) and other crypto assets and also you can deposit and
withdrawal with Bank card worldwide the platform charge 3.5% fees on
VISA/Mastercard and 1% for Bank transfer.
TurboXBT Payment Methods
The
TurboXBT offer depositis and withdrawal through cryptocurrency and Bank card
worldwide the supported crypto deposit
like; Bitcoin (BTC), Etherium (ETH), USDT, and USDC.
But
the downside is that withdrawals take more time, as TurboXBT only processes
withdrawals between 12:00 and 14:00 UTC every day.
TurboXBT Contact & Customer
Service
TuboXBT
also offers customer support via its live chat functionality. If you need any
helps or have some problem with the platform, contact the customer service
department for help, and you will be given an answer as soon as possible.
The
service also offers a quick video guide that shows users how to solve the most
common issues, so you don’t have to wait for customer support. Although the
problem with it all is that TurboXBT, like most other smaller exchanges, does
not offer a hot-line which could be a big problem if the problem incurred is
urgent.
How to Get Started With TurboXBT
·
Step1: Go to the TurboXBT home page and click on “Open Account.”
·
Step 2: Enter your details and confirm your Email
Once the process is
done, you will be able to fund your account and start trading immediately.
Click on “Account” and “Deposit” on the top right-hand side to fund your
account. You will see the platform’s account details based on the currency you
choose.
To trade, simply
select the “Turbo” option and you’ll be taken to the synthetic contracts
trading platform. You can select your preferred trading pair from a drop-down
menu in the top corner, and you’ll be able to see your payout ratio as well.
There’s also a chart available, so you can analyze price movements before
placing a trade.
Select your trading
time frame and select “Up” or “Down” to show how you think the pair’s price
will move for the time frame.
Conclusion
TurboXBT platform offer some
benefits such as low minimum investment of $1, no KYC protocols, free access to
demo with $1000 virtual fund, crypto and Bank card deposit and withdrawal
method, 90% profit for successful trade, and free trading commission fees.
RISK
DISCLAIMERS
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