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247 Crypto Currencies Exchange Review 2020: Fees, Pros, Cons and Features

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Author: Nica San Juan

The crypto market is known to be an unpredictable minefield and traders need all the help they can get to make the right moves.

With this in mind, 247 Crypto Currencies seeks to streamline digital asset trading for all levels of users. Thanks to its advanced trading system, the platform has created a reputation for lots of successful trading sessions.

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    Our Recommended Crypto Exchange

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    In this comprehensive review of the platform, we will find out how the system works and whether it is a worthwhile investment option for you. We will learn how to buy cryptocurrencies on the platform and what its pertinent features are.

    We will also look at its highlights and downsides as well as other crucial aspects that you need to consider before signing up on the platform.

    By the end of this review, you should be in a position to make an informed choice on whether it is the platform for you.

     

    What is 247 Crypto Currencies?

    247 Crypto Currencies is an online platform where you can buy, sell and invest in cryptocurrencies.  As a robust cryptocurrency exchange, it supports a wide variety of digital assets which users can trade in or buy and hold.

    It carries out its operations online and makes use of a custom app known as the 247 Crypto Currencies App. Thanks to its mobile platform, it allows users to trade on the go both on Android and iOS.

    Additionally, it is also compatible with Windows and Mac operating systems for PCs which makes it a highly versatile option that has what it takes to suit the needs of different users. The platform is accessible globally, further adding to its versatility.

    How does 247 Crypto Currencies Work?

    As already mentioned, one of the highlights of the platform is the 247 Crypto Currencies App. Using this auto trading app, novices to the crypto industry can easily trade with the expertise of professionals.

    The app monitors the market and automates most aspects of trading. Based on the insights it gathers, it sends traders signals so as to inform their moves. Notably, since its inception, the app has run over 1,342 trading sessions. And among these, only one has been a losing session.

    It creates the impression of watching over an expert’s shoulder, learning to trade from a seasoned market participant. As such, even in the highly unpredictable crypto market, it provides great odds of successful performance. Its consistency in attaining profitable outcomes with such high accuracy is the most remarkable part.

    According to calculations, it currently has an average of 89% in winning weeks. And this clearly outlines its potential for helping users enjoy profitable trades. The app has capabilities of handling both fully automated trades and semi-automated trades.

    A major factor contributing to its success is the fact that the software developer behind the app, 247 Crypto Investments Ltd. has a reputationof  developing highly accurate apps. Its high speed computerized trading system is said to have lost only once in four years.

    This makes it ideal for all user levels. After all, experts will likely appreciate a little more control over their trades and newbies need all the assistance they can get. Experts can thus use it as a signal service while newbies can use it on complete auto-pilot. Therefore, it is a win-win for everyone.

    The app makes use of advanced algorithms and very high speed processing for trading in the crypto market. It may perform lots of small trades throughout the day, but thanks to its speed and efficiency, yield significant results.

    Another noteworthy point is that the platform exercises remarkable transparency in all respects. At the moment, its figures are audited by authorities so as to ensure full transparency at all times. It has also submitted its accounts to securities authorities in both the US and Japan as a first step to compliance.

    What cryptocurrencies does 247 Crypto Currencies support?

    At the time of this writing, the platform supports a total of seven cryptocurrencies. These include:

    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Dash (DASH)
    • NEO (NEO)
    • Stellar (XLM)

    Which countries does 247 Crypto Currencies support?

    247 Crypto Currencies offers its services globally.

    247 Crypto Currencies fees

    The 247 Crypto Currencies site does not provide any information on its fees and limits.

    How to Buy Cryptocurrency on 247 Crypto Currencies: Step by Step Tutorial

    If you are thinking of buying cryptocurrencies on 247 Crypt Currencies, the process is simple and straightforward:

    Step 1: To get started, visit the website https://247cryptocurrenciez.com/ and sign up on the platform by entering your full name, email and password on the Sign Up section on the right side of the screen.

    Select your country of residence from the drop-down menu and then click on the “Get Access Now” tab.

    Step 2: You will now be directed to the 247 Crypto Currencies members area. In this section, create your own account by filling in your required personal information.

    Once you complete the form, the trading system on the site will assign a broker for you automatically.

    Step 3: Now that you have an account, the next step is to start depositing funds into it.

    In most cases, you will need to start with a minimum of $250. Note however that each of the brokers has their own terms and requirements. Therefore, the amount might vary.

    Step 4: Start trading.

    Average daily trading profits will vary according to your investment. You can choose to start trading manually if you have the expertise.

    Alternatively, you can let the automated trading system handle the trades on your behalf. To do so, simply select the auto trading mode. This will greatly minimize the learning curve and make it possible even for complete newbies to get a shot at making a profit.

    In this mode, you can select the amount to invest per trade and you can also decide on the number of signals to take per day from the system.

    Is 247 Crypto Currencies regulated?

    247 Crypto Currencies is not yet regulated.

    Is 247 Crypto Currencies safe?

    ???? Industry-standard encryption

    The platform seeks to protect user data and funds using advanced security protocol. Its website makes use of industry-standard encryption to keep user information safe.

    ???? GDPR compliance

    Furthermore, it processes information in harmony with the GDPR. Its privacy policy clearly states that the company will not intentionally disclose any personal information without prior explicit consent.

    Does 247 Crypto Currencies have a wallet?

    The platform automatically creates a Bitcoin wallets for users when you register an account. You can deposit your fiat funds here and use them to buy cryptocurrencies and trade the market.

    Does 247 Crypto Currencies have an app?

    Yes. 247 Crypto Currencies has an app that works on both Android and iOS. This makes it easy for users to access services on the go. The app has a user-friendly interface which makes it easy to navigate. It has all of the important features you would need from the crypto exchange, including support for trading.

    Therefore, no matter where you happen to be, you can still maximize the opportunities that the platform presents.

    247 Crypto Currencies customer service

    Yes. The platform offers customer support service via email, and you can submit queries and issues using the “Contact Us” page on the site. They are quick to answer queries and are friendly and efficient.

    247 Crypto Currencies  pros and cons

    Pros:

    • Makes use of an advanced and highly accurate auto trader app with an average of 89% winning weeks
    • App users can choose between semi- or fully automated trading
    • Both new and expert users can use the platform with ease
    • There is a mobile app for trading on the go
    • System is compatible with Mac OS and Windows operating systems

    Cons:

    • Not yet regulated
    • Still a relatively new player in the industry
    • Supports a limited range of cryptocurrencies

    Conclusion

    Based on the above in-depth look into the various features of the 247 Crypto Currencies platform, we recommend it as a solid choice for crypto users and investors. It offers lots of convenience as it provides both a mobile app and desktop platform.

    Another great aspect about it is the fact that both newbies and experts can use the platform with ease. The full autopilot mode and semi-auto mode offer the level of versatility traders look for in a platform.

    Its auto-trading app has so far shown great accuracy, adding to the reliability of the system. It is easy to create an account on the platform and get started in buying, selling and investing in cryptocurrencies. And it offers services globally.

    Given these and other highlights of the platform, it is a great choice for all kinds of traders in all corners of the globe.

    Our Recommended Crypto Exchange

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    When will I receive my crypto?

    The amount of time it takes to receive cryptocurrencies following a purchase varies greatly. Though it should take a few minutes, it might take longer if the network in question is congested.

    How do I register for an account on 247 Crypto Currency?

    Registration on the platform is quite easy. You simply need to provide your full name, email address and password. After that, you will get prompts to enter additional information and then deposit cash into your account to get started.

    Why has it taken so long for my crypto to reflect?

    The most common reason why your cryptocurrency may take long to reflect is network congestion. Network miners have the role of confirming transactions and adding them to the blockchain. When there are lots of requests, they might take longer to process them, causing delays.

    What is the difference between manual and auto trading?

    As the names suggest, manual trading refers to when you handle the trading yourself, deciding when to make moves and what moves to make. But auto trading makes use of automated algorithms which analyze market trends and identify trading opportunities on your behalf.

    Do I need to verify my identity?

    No. During the registration process, you will not be required to verify your identity.

    Why do I need to enter my email during account creation?

    Your email address provides a means of communication between you and the platform. It is also required to give you access to password editing, transaction history and amending account details.

    What are network fees?

    Network fees are the costs associated with processing a transaction on a blockchain. Most blockchains have miners who play this role and network fees act as a commission for them. For any transaction to go through, you need to include a sufficient amount to cover these fees.

    Why is the final amount of crypto I received different?

    This likely has to do with the amount of time it takes to process transactions and the volatility of the market. When the exchange rate changes during transaction processing, it is likely to affect the final amount you get.

    Remember, all trading carries risk. Past performance is no guarantee of future results.
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    Janica Sherine is an expert writer who specializes in financial technology and cryptocurrency. At her young age, she was already able to work with founders who graduated from Harvard, tech startups funded by Y-Combinator, CEOs of multi-million dollar blockchain companies, investment companies in London and many more.

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