StormGain is a centralized cryptocurrency trading platform launched in July 2019. The company is headquartered in Kingstown, St. Vincent and the Grenadines, and is authorized by the Financial Services Authority in Seychelles.
The platform allows people from over 230 countries to buy, store, exchange, and invest in crypto assets. It is available on the web as well as in the form of a mobile application for Android and iOS devices. 50+ most popular cryptocurrencies including metaverse tokens and ascended meme coins are available on StormGain.
Striving to be the best digital assets exchange with a high level of security, StormGain has become a member of the Blockchain Association within the Financial Commission. Also, it complies with the EU General Data Protection Regulation (GDPR).
To provide a safe environment for cryptocurrency trading, the company is taking a number of measures. First, to protect against hacker attacks, theft, and blackmail, StormGain stores only a small part of end-users’ assets in hot wallets while most of the funds are held in cold wallets. Second, the platform has implemented industry-leading security protocols and relies on encryption to ensure data safety. Third, users have to go through the KYC process to use the full functionality of the exchange. StormGain also requires clients to enable Two-Factor Authentication (2FA) to improve their safety. What’s more, it has implemented voice call verification as an additional mechanism in case of problems with SMS verification.
StormGain combines traditional and advanced trading features and services with an intuitive interface suitable for all types of users, from complete beginners to experienced traders. The exchange offers 24/7 customer support, a variety of order types and trading tools, trading signals, all types of notifications, spot and futures trading with up to 300x leverage, free BTC mining, interest-earning, a built-in wallet, demo accounts, etc. StormGain’s demo account with 50,000 USDT gives users the possibility to test their trading strategies and get experience without risking their own money.
StormGain's built-in calculator helps users to estimate how much crypto they will get in every particular trade, the exchange rate, and exchange fees. Traders who recommend the platform to their friends participate in the “Refer a Friend” program, which allows them to earn up to 15% of all fees their referrals pay and 15% of the mined funds that their referrals withdraw, for unlimited time.
To allow Muslim users to invest in the cryptocurrency market, StormGain offers Islamic trading accounts, i.e. swap-free accounts that do not incur interest or any rollover commissions.
StormGain trading signals which are offered for free in the StormGain mobile app serve to help users make informed decisions. They are developed by StormGain's experts and allow you to make trades without conducting your own market analysis. Traders only have to choose their trade volume and leverage.
Each signal has two main indicators: profitability and probability. They also have built-in Take Profit and Stop Loss instruments with default settings to help users manage their risks. These instruments are automatically corrected according to the input trade parameters. In addition, users can get information about the current forecast for opening trades, recommendations for the trade's direction, and entry price. There are also the Increase and Auto-Increase options used to increase the investment amount.
StormGain crypto trading signals are available for the following pairs: ETH/BTC, ETH/USDT, BTC/USDT, LTC/USDT, LTC/BTC, XRP/USDT, BCH/USDT, DASH/BTC
StormGain cloud mining
StormGain offers a way to get free BTC via cloud mining, which is carried out on StormGain equipment and does not drain resources from users' devices. In fact, no CPU, battery, graphics cards, or other hardware equipment is required from miners. It takes 4 hours after activation to get the first mining reward that can then be used to trade on the platform.
It is possible to mine up to 0.0318 BTC a day. The mining speed can be increased by reaching higher trading volumes.
StormGain crypto wallet
The StormGain free built-in wallet is protected by two-factor authentication, industry-leading security protocols, strong encryption, and uses checksums to validate all transactions. The wallet supports USDT, BTC, ETH, LTC, XRP, BCH, Zcash, Dash, and Stella. Users can add funds to their wallets using fiat currencies, such as USD, EUR, GBP, RUB, etc. For the crypto stored in the wallet, users can receive up to 12% annual interest.
The loyalty program
The more users trade, the higher their status in the loyalty program is and the more benefits they receive. The platform offers 7 status levels giving access to fee discounts, up to 20% deposit bonuses, and increased mining speed. You can get an instant bonus denominated in USDT any time you deposit $500 or more in cryptocurrency. The bonus funds can only be used for trading and cannot be withdrawn.
StormGain applies commissions only to profitable trades. They range from 0.095% to 0.06% depending on the user’s status level. Exchange fees start from 0.07%.
Clients can deposit funds into their accounts and withdraw them in several ways: via a crypto wallet, via a debit/credit card (only for deposits), via bank transfers, and via SEPA transfers (for the residents of the European Economic Area). Commissions vary depending on the deposit method. The credit cards transaction fee is 3.5% or $10 at the minimum. SEPA transfers are free. The minimum deposit amount is $50 while the minimum withdrawal amount is 50 USDT or an equivalent.
StormGain team and partners
StormGain has assembled a team of experts in both the financial and blockchain industries. Alex Althausen is the co-founder and CEO of the exchange with a background as the COO at XCOEX, a licensed crypto exchange, and the Head of Sales at Libertex Group. Elena Tarasova has been a digital campaign manager at StormGain since November 2019 responsible for content preparation, UX analysis, and Implementation of retention and reactivation campaigns.
StormGain is an official partner of the UK football club Newcastle United. Its other partners, CoinMarketCap and Bits of Gold, are involved in verifying transactions on the platform. Bits of Gold, Simplex, and Koinal provide deposits and withdrawals.