Global CTB Review – is Global CTB Legit? YES!
Perhaps, the most prominent additions made in the financial world in the last decade was the introduction of Bitcoin in 2009. Satoshi Nakamoto launched this digital currency for eliminating middlemen, such as financial institutions and banks. However, Bitcoin did not gain traction immediately and was viewed rather suspiciously because of its unregulated and decentralized nature. In the meantime, other cryptocurrencies were also developed, but it wasn’t until 2017 that the crypto industry saw its real rise. This was when Bitcoin touched the $20,000 mark and made waves that drew the attention of people all around the world.
The market has progressed rapidly since then, with a lot of innovations and there are more than 6,000 coins that are now available in the market. 2017 was the year when a number of people were able to make huge fortunes due to Bitcoin’s meteoric rise, which also rubbed off on other cryptocurrencies. Obviously, this has prompted others to venture into this space in hopes of replicating the success that those traders and investors enjoyed.
Moreover, with the expansion of the industry, these traders have more options to invest in and can earn maximum profits. But, in order to do that, they first need a crypto broker like Global CTB.
The rise in popularity of cryptocurrencies as a trading instrument has led to the launch of a wide range of brokers in the market. Every other day, a new company is established to offer people crypto trading services, but you have to be cautious when going over the options. It is important to remember that not all of them are the same and the quality of their services will also vary. Opting for a broker specializing in crypto is the best way to go because they are more capable of catering to your needs. When you start looking for options, you will come across GlobalCTB.com.
This company specializes in crypto trading and was established by former traders, who have in-depth understanding of the trading world. They have used their expertise to provide efficient trading services, but the question is whether they live up to their claims or not.
The only way to find out if Global CTB is legit is by assessing the various offerings of the broker, as this will help you in arriving to a conclusion. Let’s check out some of its offerings below:
When you are assessing a brokerage and its services, it is best to start with their regulatory status. The cryptocurrency market has its fair share of regulated and unregulated companies. A lot of them may have similar services and features to offer. In fact, unregulated ones may come off as more convenient and comprehensive, but it is better to go with a regulated option for security purposes. Registered firms are monitored by regulatory authorities and follow proper standards, rules and guidelines when providing their services. The regulatory authority can also step in, if there is a dispute or disagreement of any sort.
In the case of Global CTB, you will be pleased to know that it is a regulated and registered company and its activities are fully-monitored. Therefore, they offer a transparent and open environment to their clients, which can give them peace of mind, and allow them to focus on trading crypto, rather than worrying about whether their broker will up and disappear one day.
After you have assessed the broker’s regulation, the next thing you need to look at is their asset offerings. Sure, you want to trade cryptocurrencies, but which ones? As mentioned earlier, the market has expanded over the years and you can find more than 6,000 cryptocurrencies in the market for trading. Therefore, it is best to check which options you will be offered when you sign up with one company. You want to make sure that they are offering you the crypto you want to trade. If you don’t have any specifics in mind, it is a good idea to ensure that they allow you to diversify with enough options.
This also applies in the case of Global CTB and when you take a look at their crypto offerings, you will come to know that they are offering quite a variety for you to choose from. You can trade the leading cryptocurrencies in the market, such as Bitcoin, Ethereum and Litecoin, but this is not where the offerings stop. They have also added other smaller options to accommodate traders. An important thing to know about the broker is that they don’t just add any crypto to their offerings; their policy is to assess the potential of a crypto before it becomes part of their index. Some of the other options you will find here include Ripple, Bitcoin Cash, EOS, NEO, Dash and many more.
Hence, you have plenty of room to diversify your investment, which allows you to rake in high profits and keep your losses under control.
No matter what online service you are using, you have to go through a registration process and this is also the norm when you sign up with a cryptocurrency broker. But, this procedure will vary from company to company, so you need to know what requirements you will be asked to fulfill. Some trading platforms may have extensive paperwork involved, which can be quite annoying and you would want to steer clear of such options. With Global CTB, you don’t have to worry about this problem because they have chosen to stick to a simple and quick registration process.
They don’t have any such extensive requirements that can take up a lot of your time and don’t ask you to divulge a lot of unnecessary information. It only takes you a couple of minutes to register with them, as there is just one form on their website that you have to complete. The form asks you to provide basic information like your full name, date of birth, email address, phone number, country and a password you wish to use for login purposes. You have to agree to their Terms & Conditions and then you will be registered on the platform straight away.
If you are done with the registration process, your next step will be to open an account. To assess a broker’s offerings, it is a must to see what kind of account choices they have to offer. These are usually provided by those who are catering to traders of different backgrounds, risk tolerance and skill levels. It enables you to judge whether they have an option that can cater to your needs or not. Global CTB also aims to facilitate different types of traders, so they have added a range of account choices. There are a total of six choices that you will come across and these are listed as follows:
Basic: The first account choice that you will come across is known as Basic and it is for traders who are just getting started in the trading world. Thus, it has a minimum deposit requirement of $250. It also comes with a welcome bonus of 30%, along with 24/6 customer support. Traders are also given access to an education center, PRO webinars and daily market review.
Beginner: The second account choice that you will come across is referred to as Beginner, as it is for traders who are beginners i.e. have little experience in the market. The minimum deposit requirement for this account is $10,000. It comes with a junior account manager for assisting traders and they are also given a welcome bonus of 40%, along with features of the Basic account.
Medium: To accommodate intermediate traders on their platform, Global CTB has come up with the Medium account choice. Traders are asked to deposit a minimum of $25,000 to open this account and they receive a higher welcome bonus of 60%. This account boasts a senior account manager to allow traders to make bigger and more lucrative trades.
Advanced: The name of this account choice easily explains what kind of traders can sign up for this account. They are required to deposit a minimum of $50,000 for doing so and they are granted a 70% bonus. Here, they will find a VIP account manager because they have a bigger trading portfolio, which means a higher trading volume.
Pro: The next choice that is provided to traders by Global CTB is referred to Pro because it is meant for professional traders. Therefore, the minimum deposit requirement for this account starts at $100,000, which such traders can easily deposit. It boasts a welcome bonus of 80% as an incentive and it comes with other perks, such as Advanced trading signals.
VIP: Last, but certainly not the least, the VIP account option is exclusively offered to VIP traders who have a vast trading portfolio and an impressive trading volume. But, you cannot sign up for it directly, as it has an eligibility criteria. To find out more about it, you can get in touch with your account manager and they will provide you with the necessary details.
It is of the utmost importance that you assess a broker’s security infrastructure before you sign up with them because there are a lot of risks associated with online trading. Identity theft and stolen funds are two common problems and you want to avoid both of them. Cryptocurrency trading already carries a lot of risks and you want to minimize any other risks, as much as possible. Consequently, you need to ensure that the company you opt for takes adequate measures to keep your funds and information safe and protected. At Global CTB, you will find a robust security infrastructure that’s designed to mitigate the risks.
Due to its regulatory status, Global CTB is required to maintain segregated accounts for its clients. They maintain them separate from the company’s own accounts, which reduces the possibility of any kind of misappropriation. In addition, the funds are kept with leading investment banks, and are returned to traders in case the broker files for bankruptcy. Furthermore, to protect your personal and confidential information, they have chosen to take full advantage of advanced Secure Socket Layer (SSL) encryption. All data and communication between traders and the company is encrypted right away.
Apart from that, they have also used strong firewalls and their website is regularly monitored to identify and close any loopholes that can be exploited. Plus, they have also opted to use two-factor authentication for keeping trading accounts secure.
Deposits and withdrawals
Adding and withdrawing funds are part of the trading process and to assess a broker, you need to ensure that they have not complicated these procedures overmuch, as it can be very inconvenient. Global CTB has an easy-to-follow process for both depositing funds and withdrawing them on their platform. They allow you to fund your account with different cryptocurrencies, or you can also use fiat currency if you wish. They support bank wire transfers and a range of debit and credit cards, for your ease.
Deposits are processed immediately, regardless of what method you opt to use. A notable thing to know about Global CTB is that they don’t impose any charges on your withdrawals, which can help in keeping trading costs low. Minimum deposit requirements can deposit on the account you want to open. After that, you can deposit as much or as little as you want. As far as withdrawals are concerned, they do have a minimum withdrawal limit of $100. In addition, they will take a couple of days to process, so you should make withdrawals accordingly.
Along with these offerings, you will also find that Global CTB offers its clients a horde of educational resources they can use for increasing their knowledge and expertise in the cryptocurrency market. They have also added strong customer support options, which are accessible 24/6 to allow traders to get any assistance when they need it. They can deliver a smooth trading experience for all crypto traders.