With the passage of time, you will see a huge increase in the number of online crypto brokers. Cryptocurrency brokers provide you with an online platform to trade a currency to buy the contracts of cryptocurrencies. The best thing about them is that they allow you to trade crypto coins without even owning them. In short, you can somehow deal with the volatility of the market when you do not own the real assets. Now, RoyalCBank has proven to be one of the best options for aspiring crypto traders. You can find more about the broker in this detailed RoyalCBank review.
As for the four things that make this broker different from others, here is some information.
The Four Differentiating Factors of RoyalCBank
1. It Is an FC Member
If you have been searching for online brokers to trade different kinds of contracts, you will find many registered and regulated brokers. However, that’s not the case when you dive specifically in the sea of cryptocurrency brokers. Cryptocurrency is the newest financial market and thus the brokers are not very old too. Finding one that has proper regulation is not that easy right now. However, when you sign up with RoyalCBank, you know that it is a member of FC – the Financial Commission. This protects you in more ways than you might realize.
2. Its Customer Support Is 24/7
When you sign up with an online broker, you are registering yourself with an entity that’s not physically there for you. When you need help, you have to rely on the customer support of the broker. For that very reason, you have to sign up with a broker that pays attention to making its customer support great. With RoyalCBank, you get customer support at any time of the day or week. These representatives are available to help you 24/7, which is quite rare in this industry.
3. Multiple Deposit Methods
Again, you can expect other brokers to offer you many depositing methods. However, these brokers have been in the market for several years and their primary strong areas are indices, stocks, forex, etc. trading. When you look at the list of cryptocurrency brokers specifically, you do not find many options with multiple ways to deposit money. However, depositing money with this broker is no big deal because you can use your credit card or bank wire transfer. What you will love the most is that you can even deposit digital coins straight into your trading account with the broker.
4. A Thorough Training Section for Cryptocurrency Training
If you sign up with most online brokers, you see that they all have a training section. They provide you enough material to learn trading before you can put your money on the online. However, the biggest discrepancy with their materials is that they are usually focused on forex and CFD trading. They do not specifically talk about cryptocurrency trading. In fact, many of these online brokers have not updated their training materials for several years.
In short, you will not see a hint of information about cryptocurrencies and how their market works in those training materials. On the other hand, you have RoyalCBank offering you a huge repository of information specifically on cryptocurrency trading because that’s what this broker does.
You can see that the four points that make RoyalCBank different from the rest of the cryptocurrency brokers are quite the important ones. As a trader who wants to be a part of the cryptocurrency industry, these points should matter to you a lot. So, if you want a broker that can take care of your specific interests as a cryptocurrency trader or investor, you should definitely consider signing up with RoyalCBank.