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247 Crypto Currencies Exchange Review: Fees, Features, Pros & Cons

Rating 3/5

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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Contents [show]

    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.

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    68% of retail CFD accounts lose money.
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    247 Crypto Alternatives

    broker-logo
    68% of retail CFD accounts lose money.
    broker-logo
    74% of retail investor accounts lose money when trading CFDs with this provider.
    broker-logo
    The price and value of any investment in digital asset products can fluctuate.
    broker-logo
    The traded price of digital tokens can fluctuate greatly within a short period of time.
    broker-logo
    Market prices for digital tokens can be volatile and highly unpredictable.
    broker-logo
    As with any asset, the values of digital currencies may fluctuate significantly.
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    71% of retail CFD accounts lose money.
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    As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.
    Rating
    5.0
    4.7
    4.7
    4.6
    4.5
    4.4
    4.3
    4.1
    4.0
    Mobile App Rating
    10/10
    9/10
    9/10
    8/10
    8/10
    9/10
    9/10
    9/10
    10/10
    Mobile App
    Wallet
    Number of Coins
    14059223615566215121
    Trading Fees
    SpreadsSpreads0.1%0.1%0.1%0.1%0.50%Spreads0.2%
    Deposit Fees
    N/AN/AN/AN/AN/AN/AN/AN/AN/A
    Withdrawal Fees
    $5N/A0.0005 BTCN/AN/AN/AN/AN/AN/A
    Regulated
    ASIC, CySEC, FCACySECN/AN/AN/AFCAFCACBI, MiFIDN/A
    Min. Deposit
    $50100 EURN/AN/A$10$10$2$100N/A
    Leveraged Trading
    N/AN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x1-200x
    Bitcoin
    $24451.60$24546.96$24467.50$40391.88$40393.04$40404.41$40416.27$24534.73$40377.55
    Ethereum
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    XRP
    $0.39$0.38N/A$0.23N/A$0.78$0.30$0.38$0.78
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    $1.00N/A$1.00$1.00N/AN/A$1.00N/AN/A
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    $65.05$64.16N/A$109.04N/A$109.10$109.04$64.22$108.99
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