How To Start With Altcointrader.co.za
To start trading with Altcointrader.co.za,Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Altcointrader.co.za website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Altcointrader.co.za account.
AltCoin Trader Trading fees
This trading venue offers a flat trading fee of 0.80%. Accordingly, it is irrelevant whether you are a taker or a maker. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model. This exchange’s trading fees are way above the industry average which is around 0.25%. One should consider whether this exchange has a strong offering to investors in other respects that outweighs the disadvantage of this somewhat higher trading fee.
AltCoin Trader Withdrawal fees
This cryptocurrency exchange charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. This is in line with industry average in the industry.
This trading platform offers wire transfer as a deposit method, but credit cards are not permitted. So, if you want to flex your credit card muscles, then this exchange is not for you.
AltCoin Trader Security
The exchange has a security score of D, when performing the test at Observatory by Mozilla. This is below industry average when it comes to top crypto exchanges. In conclusion, the main advantage with this exchange is that it offers many trading pairs against the ZAR. If that option is not important to you, then this exchange is presumably not the best cryptocurrency exchange site for you.
Is It SAfe To Use Altcointrader.co.za
Yes! The main priority is to keep clients personal data safe and secure. They take great precautions around security of system and are constantly monitoring for any suspicious activities, however they cannot provide security for bitcoins stored on users computer, so it is important to take additional steps to ensure that your bitcoin wallet remains protected from users other than yourself.