Bitqh Review – Is it Scam? – CFDs and Real Cryptos
Cryptocurrency trading has become a popular investment option, with many people seeking to benefit from the high volatility and potential profits. Bitqh is a platform that offers cryptocurrency trading services to its clients. In this review, we will examine Bitqh and its features, trading options, security, customer support, regulation, and scams. By the end of this article, you will have a clear understanding of whether Bitqh is a scam or a legitimate cryptocurrency trading platform.
What is Bitqh?
Bitqh is a trading platform that offers CFDs (contracts for difference) and real cryptos trading. It was founded in 2020 and has quickly gained popularity due to its user-friendly interface and low fees. Bitqh is powered by advanced trading technology that allows users to access a wide range of trading tools and features.
History and background of Bitqh
Bitqh was founded by a team of experienced traders and software developers who wanted to create a platform that would make cryptocurrency trading accessible to everyone. They designed Bitqh to be easy to use, even for those who have no prior trading experience.
How Bitqh works
Bitqh allows users to trade CFDs and real cryptos, with the option to go long or short. The platform offers a range of trading tools, including technical analysis indicators, charting tools, and risk management features. Users can access the platform from any device with an internet connection.
Types of accounts on Bitqh
Bitqh offers three types of accounts: Basic, Gold, and Platinum. The Basic account requires a minimum deposit of $250 and offers basic trading features. The Gold account requires a minimum deposit of $10,000 and offers advanced trading tools, a dedicated account manager, and faster withdrawals. The Platinum account requires a minimum deposit of $50,000 and offers a range of VIP features, including personalized trading strategies and priority customer support.
Features of Bitqh
Bitqh offers a range of features to its users, including:
- Multiple trading instruments: Bitqh allows users to trade CFDs and real cryptos, including Bitcoin, Ethereum, Litecoin, and Ripple.
- User-friendly interface: The platform is easy to navigate, even for beginners.
- Low fees: Bitqh charges low trading fees and no deposit or withdrawal fees.
- Advanced trading tools: Bitqh offers a range of technical analysis tools and charting features.
- 24/7 customer support: Users can access customer support around the clock.
Trading CFDs on Bitqh
Bitqh allows users to trade CFDs on a range of assets, including cryptocurrencies, stocks, indices, and commodities. CFDs enable users to speculate on the price movements of an asset without actually owning it. Bitqh allows users to go long (buy) or short (sell) on CFDs.
Trading real cryptos on Bitqh
Bitqh also allows users to trade real cryptocurrencies, such as Bitcoin and Ethereum. Real crypto trading involves buying and selling the actual asset, with the potential to profit from price movements. Bitqh offers a range of trading pairs, including BTC/USD, ETH/USD, and LTC/USD.
Fees and charges on Bitqh
Bitqh charges low trading fees, with spreads starting from 0.1%. There are no deposit or withdrawal fees, but users may be charged by their payment provider. Bitqh also charges an inactivity fee of $50 per month for accounts that have been inactive for six months or more.
How to open and close trades on Bitqh
Opening a trade on Bitqh is simple. Users can select the asset they want to trade, choose the amount they want to invest, and select their preferred order type. Bitqh offers a range of order types, including market, limit, and stop loss orders.
Closing a trade on Bitqh is equally straightforward. Users can simply click on the "close" button next to their open position, and the trade will be closed at the current market price.
Security of Bitqh platform
Bitqh takes security seriously and has implemented measures to protect its platform from cyber threats. The platform uses SSL encryption to protect user data, and funds are stored in cold storage wallets to prevent unauthorized access. Bitqh also employs a range of security protocols, such as two-factor authentication, to protect user accounts.
Safety of users' funds on Bitqh
Bitqh takes the safety of users' funds seriously and stores them in segregated accounts. This means that users' funds are kept separate from the company's operational funds, reducing the risk of loss in case of bankruptcy. Bitqh also offers negative balance protection, which ensures that users cannot lose more than their account balance.
How to secure your Bitqh account
To secure your Bitqh account, you should enable two-factor authentication and use a strong, unique password. You should also avoid sharing your login details with anyone and be wary of phishing scams.
Bitqh Customer Support
Customer support channels on Bitqh
Bitqh offers customer support via email, phone, and live chat. The platform also has an extensive FAQ section that covers a range of topics, including account registration, trading, and security.
How to contact Bitqh support
Users can contact Bitqh support by email at firstname.lastname@example.org, by phone at +44 203 936 9489, or via live chat on the platform.
Response time of Bitqh support
Bitqh aims to respond to all customer queries within 24 hours. However, response times may vary depending on the volume of queries and the complexity of the issue.
Regulation of Bitqh
Bitqh is not currently regulated by any financial authority. However, the platform operates in compliance with international financial laws and regulations.
Compliance with international financial laws
Bitqh complies with international anti-money laundering (AML) and know-your-customer (KYC) regulations. This means that users may be required to provide identification documents and proof of address when registering for an account.
How Bitqh handles clients' personal information
Bitqh takes the privacy of its users seriously and complies with data protection regulations. The platform only collects and uses personal information for the purposes of account verification, customer support, and marketing.
Bitqh Scam: Is Bitqh a Scam?
How to identify Bitqh scams
Users should be wary of phishing scams that attempt to steal their login details or personal information. Scammers may also pose as Bitqh representatives and ask for payment or personal information.
Common Bitqh scams to avoid
Users should avoid any unsolicited emails or phone calls that claim to be from Bitqh. They should also avoid any requests for payment or personal information from unknown sources.
Is Bitqh a scam or legit?
Based on our research, we have found no evidence to suggest that Bitqh is a scam. The platform appears to be legitimate and has many positive reviews from users.
Bitqh Pros and Cons
Advantages of using Bitqh
- Low trading fees
- User-friendly interface
- Range of trading tools and features
- 24/7 customer support
- Negative balance protection
Disadvantages of using Bitqh
- Not regulated by any financial authority
- Inactivity fee for dormant accounts
User reviews and ratings of Bitqh
Bitqh has many positive reviews from users, with an average rating of 4.5 stars on Trustpilot.
Comparison of Bitqh with Other Crypto Trading Platforms
Comparison of Bitqh with Coinbase
Bitqh offers lower trading fees than Coinbase and has a wider range of trading tools and features. However, Coinbase is a more established platform and is regulated by financial authorities.
Comparison of Bitqh with Binance
Binance offers a wider range of cryptocurrencies to trade than Bitqh and is regulated by financial authorities. However, Bitqh offers lower trading fees and has a more user-friendly interface.
Comparison of Bitqh with Kraken
Kraken offers a wider range of trading pairs than Bitqh and is regulated by financial authorities. However, Bitqh offers lower trading fees and has a more intuitive interface.
How to Get Started with Bitqh
Creating a Bitqh account
To create a Bitqh account, users can visit the platform's website and click on the "register" button. They will need to provide their name, email address, and phone number, and create a password.
Making a deposit on Bitqh
Users can make a deposit on Bitqh using a range of payment methods, including credit/debit cards, bank transfers, and e-wallets. The minimum deposit amount is $250.
How to start trading on Bitqh
To start trading on Bitqh, users can select the asset they want to trade and choose the amount they want to invest. They can then select their preferred order type and click on the "open trade" button.
Bitqh is a cryptocurrency trading platform that offers CFDs and real cryptos trading. The platform is user-friendly and offers a range of trading tools and features. While Bitqh is not regulated by any financial authority, it appears to be a legitimate platform with many positive user reviews. We recommend that users exercise caution when trading on any platform and only invest what they can afford to lose.