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Home CryptoCurrencies Therocktrading.com Review : Virtual Insurance Company

Therocktrading.com Review : Virtual Insurance Company

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About Therocktrading.com

Therocktrading.com 2007, “The Rock Insurance Co.” is born as a Virtual Insurance Company in Second Life, the first one of its kind. Since then, website evolved a lot, while remaining under the same management team. In 2010, it changed its name to “The Rock Trading”, with a division dedicated to manage funds and an exchange

Therocktrading trade currencies and stocks. In June 2011, after a few months of testing and building, the first Bitcoin was traded on The Rock Trading, making it one of the oldest exchanges still alive! As the website continued to grow, it started to add new currencies (such as Litecoin, Namecoin and others) and in May 2013 it became a Ripple gateway, and an official XRP reseller.

July 2013 marks another important change for The Rock Trading: it became a certified Limited Liability Company, registered in Malta and founded by Andrea Medri (CFO) and Davide Barbieri (CTO), two entrepreneurs well known in the Italian Bitcoin community. The development of the exchange never stopped, and Theysigned some important partnerships in order to improve the features offered to clients.

Therocktrading.com Jumio (Safe Harbor Act certification available here) handles the steps needed to complete the verification of the customers in the fastest and safest way possible. We gained another big achievement when we established an agreement with one of the safest Bitcoin wallets in the industry, GreenAddress: exchange uses only multisig addresses and it allows zero-confirmation Bitcoin deposits, making it even faster to transfer the funds from your wallet to The Rock Trading.

Operating company

Exchange nameTherocktrading.com
Support24/7
Withdraw FeeFree
Futures tradingPresent
Starting Fee 0.30 %
WithdrawFees0.0001 BTC
Official sitehttps://www.therocktrading.com

How To  Start With Therocktrading.com

To start trading with Therocktrading.com,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 Therocktrading.com 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 Therocktrading.com account.

Therocktrading Trading fees

This exchange’s fee model is something called a “flat fee model”. It offers a flat trading fee of 0.20%. The exchange does accordingly not distinguish between takers and makers, but charges them both 0.20%. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model. It can be noted here that for some trading pairs, trading fees actually go down as low as to 0.02%. 0.20% is in line with industry average (global industry average is around 0.25%).

  • Currencies – 0.02 % – 0.20 % (discount structure available here) *
  • Dark Orders – Starting fee: 0.30 %
  • Fastlane – 2 %

The Rock Trading Withdrawal fees

Therocktrading.com also charges competitive withdrawal fees. When withdrawing BTC, you only need to pay a fixed fee of 0.0001 BTC. This is far below the global industry average and another competitive edge for The Rock Trading. This lower withdrawal fee was introduced by the exchange on 16 April.

Deposit Methods

Therocktrading trading platform offers wire transfer as a deposit method, but you can’t deposit via credit card. Wire transfer deposits and withdrawals is only available to verified users.

Deposits And Withdrawals

  • SEPA Deposits – No fees!
  • SEPA Transfers (less than 1000 €) – € 1.5
  • SEPA Transfers (over 1000 €) – € 2.5
  • SEPA Transfers over 100k € – 0.10% of the EUR amount
  • Skrill – 3% deposits, 1.2% withdrawals
  • Ripple withdrawals – 0.05 % (min: 1 cent/satoshi)
  • Bitcoin withdrawals – 0.0001 BTC for regular withdrawals 0.0003 BTC for high priority
  • Bitcoin Cash withdrawals – 0.0005 BCH
  • Peercoin withdrawals- 0.02 PPC
  • Ether and Zcash withdrawals – 0.001 ETH and 0.001 ZEC respectively
  • NOKU and EURN Token – 0.75 token
  • Litecoin withdrawals – 0.002 LTC
  • Friendz (FDZ) withdrawals – 0.01% of the amount (minimum 10 FDZ)

Support Centre

Therocktrading.com order to streamline support requests and better serve you, they utilize a support ticket system. Every support request is assigned a unique ticket number which you can use to track the progress and responses online. For your reference we provide complete archives and history of all your support requests. A valid email address is required to submit a ticket and you do not need to login or create an account to use our ticketing system.

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LIVE EXCHANGE DATA

#NameVolume (24H)CoinsTrading PairsAlexa RankBitcoin PriceOfficial Website
Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 4100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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