What Is TheCoinTrust?
Ever since its creation, TheCoinTrust has maintained a solid reputation for providing industry-leading cryptocurrency trading features, tools, and security for both beginner and experienced crypto traders. In addition to that, it has positioned itself as one of the world’s most important crypto brokerage platforms available on the internet today.
For years, the brokerage firm has forged connections with a wide range of major corporations to help make available one of the most convenient systems for trading crypto assets.
In this review, we will provide our honest answers to some of the commonly asked questions about the TheCoinTrust platform.
Can I trust TheCoinTrust?
Yes, you can trust the platform’s security system. In the cryptocurrency trading market, TheCoinTrust is one of the most well-known and respected names in terms of safety and trustworthiness. However, this broker is mainly notable for its near-perfect 99.9percent off-site cold storage protection of its consumers’ crypto assets
Additionally, the platform account verification is set up in a way that users must input a verification code from TheCoinTrust sent via text to verify their account phone number that will be used as the 2FA verification phone number. Using 2FA (two-factor authentication) is highly advised after verifying your phone number.
In order to keep your account safe, TheCoinTrust requires that you use two-factor authentication (2FA). There are a number of other measures you may take to increase the safety of your TheCoinTrust account. TheCoinTrust provides a wide range of security options, so it’s a good idea to take advantage of them all.
Your personal information may be retrieved from TheCoinTrust even after you’ve deleted your account. You have the option of asking TheCoinTrust to remove your data from their systems. When it comes to protecting your privacy, TheCoinTrust receives high marks for doing it in a responsible manner and then deleting your personal data if you want them to do so.
How Can I Make Profit Trading with TheCoinTrust?
The truth is that there are no investment vehicles that are risk-free, and it’s advisable that you should never risk more funds than you can afford to lose.
With that in mind, it’s important you understand that the cryptocurrency market is a volatile market and you can either make a fortune or loss all your investment capital when trading crypto depending on your ability, skill, and experience level to research and make the right investment decision.
Is TheCoinTrust a legal brokerage platform for trading cryptocurrency?
TheCoinTrust is completely a legal brokerage firm. Although, TheCoinTrust is not yet operational in all countries, but this does not make the broker an illegal platform to use for trading cryptocurrency. Besides that, TheCoinTrust is present in over 50+ countries globally. To use the platform, all you have to do is to go through their website to confirm if it supports your country.
Has TheCoinTrust Ever Been Successfully Hacked?
TheCoinTrust has never been hacked successfully ever since the platform was launched. to this point. Despite multiple high-profile efforts by hackers to penetrate TheCoinTrust ‘s security, no data breaches have occurred. However, we always advise that investors should always move their assets out of any exchange platform and into their private digital wallets which they have 100% control over for security reasons.
Is TheCoinTrust covered by an insurance policy?
TheCoinTrust is covered by a commercial criminal insurance policy that is maintained in an estimated amount larger than the value of the total virtual currency the platform keeps in online storage. That implies that if TheCoinTrust is hacked and its users’ assets are stolen, users will be refunded.
Is TheCoinTrust really safe for both beginners and expert traders?
Even if TheCoinTrust does all it can to keep its brokerage platform safe, nothing is 100percent secure in the twenty-first century. As a further measure of protection, TheCoinTrust holds 98percent of client assets in a secure offline location that cannot be accessed remotely, requires two-factor authentication for all user accounts, and encrypts all user data.
Are TheCoinTrust’s fees excessive?
The TheCoinTrust’s fee schemes are generally transparent. In addition to the platform’s excellent trading features, its transaction fees are low and absolutely reasonable. Its fees are broken down with detailed clarity, which undoubtedly boosts our belief in the platform. Overall, TheCoinTrust provides a reliable and great service in the crypto market, which explains why many seasoned crypto traders have a high level of trust in them. You can try them out today!