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CryptoAltum Review | PipRebate.com

CryptoAltum Review

 

What is CryptoAltum?

CryptoAltum (operated by Techcraft Ltd company, founded in 2019) is a cryptocurrency broker that provides over 100 crypto pairs for users to trade through the renowned MetaTrader 5 platform. CryptoAltum operates by Techcraft Ltd company registered and located in the Marshall Islands. CryptoAltum is an STP (Straight Through Processing) broker and provides only one single account type that allows its users to trade in addition to Crypto, Forex, Gold, and Indices. With this only one type of account, you've access to various features such as Leverage up to 1:500, fast execution speeds, the lowest spreads, zero fees on deposits and withdrawals, Negative Balance Protection service, and free VPS service.

Regulation and Security

As mentioned above, Cryptoaltum is a Cyprus registered company (Company Registration Number 102090). CryptoAltum is not a regulated broker and maintains the anonymity of its users by not requiring KYC Documents to register for CryptoAltum. CryptoAltum claims that it provides the best and most advanced securities in the industry. This broker's notable and characteristic feature is that the broker uses cold storage to protect clients' funds from hackers. Multi-signatories for access to all company e-Wallets, Offline Storage in four different locations, Advanced antivirus, anti-malware, anti-keylogging software, Private Keys securely backed up, and Daily backup of all company e-Wallets are security practices of funds provided by CryptoAltum for its clients. Also, Cryptoaltum, by deploying the Negative Balance Protection mechanism, guarantees clients that their account balances will never go negative. Accordingly, Cryptoaltum ensures that working with them is safe and reliable.

 

Account Types of CryptoAltum

Apart from the demo account and swap-free account, CryptoAltum offers only one type of account that allows you to trade leveraged CFDs in 4 instruments with variable low spreads and zero commission.

  • Live account

The broker has simplified choosing an account for traders and offers a dynamic trading account type, including everything its users may need.

Accordingly, this helps traders not confuse to choosing the proper account. The main instrument of the account is cryptocurrencies, but forex, indices, and commodities are also available. The broker has also recently added Oil to its portfolio. The CryptoAltum website states that trading on cryptocurrencies is available 24/7, and trading on other instruments is available Monday to Friday.

The broker uses MetaTrader 5 platform available on Desktop, Android/iOS Mobile, Web Trader, and Mac. The minimum deposit for the account is equivalent to $100. Variable spread, commission-free, and Leverage up to 1:500 are other features that Cryptoaltum provides. STP (Straight Through Processing) is the execution model that CryptoAltum operates on. All trades are executed with only market execution, no instant execution; therefore, trades are automatically filled at the best available price in the market without requotes.

The other specifications of the CryptoAltum account are; access to Hedging and Scalping strategies, the ability to install Expert Advice (EA), offering micro lots depending on the instrument being traded, and offering the Negative Balance Protection and Free VPS.

PipRebate provides up to a $7.8 rebate rate per round lot traded for Cryptoaltum accounts. Check the broker's profile on PipRebate to get more details on rebate rates on variable units traded.

  • Demo account

CryptoAltum provides a demo account that will expire after 30 days of inactivity. CryptoAltum's demo account is suitable for newbies and traders who want to test how this cryptocurrency broker works or try their trading strategies with no risk.

To open a demo trading account on Cryptoaltum, log in to your Cryptoaltum account and click on the Trading account tab from the dashboard. Click on "demo account" to open one. Then, select the base currency you want and the Leverage you would like to have. Now, your demo account is ready.

  • Islamic trading account

Cryptoaltum offers a swap-free account. But consider that the swap-free condition is available only for FX pairs. Contact support@cryptoaltum.com to convert your account to a swap-free one.

Deposit & withdrawal options

The deposit method of CryptoAltum is only the wallet-to-wallet transfer which means the user should deposit its funds in only cryptocurrency from its e-wallet to its CryptoAltum trading account wallet. CryptoAltum doesn't accept fiat via debit cards, credit cards, and wire transfer methods. Supported cryptocurrency by CryptoAltum for funding are BTC, USDT, ETH, ADA, XRP, LTC, and BCH.

One of CryptoAltum 's particular features is that it does not charge fees for processing deposits and withdrawals (The point you should consider is that the broker covers all processing fees, not blockchain network fees.). The method of withdrawal, like Deposit, is only via wallet-to-wallet transfer. BTC, ETH, XRP, BCH, LTC, and USDT are cryptocurrencies that CryptoAltum supports for withdrawals.

Trading Platform

CryptoAltum provides the MetaTrader 5 to its users, which is the most advanced and known trading technology. The offered MT5 is optimized for Bitcoin and cryptocurrency trading and supports over 60 crypto pairs, Advanced Pending Order options, Superior Trading Tools, and Advanced EA (Expert Advisors) coding using MQL5. CryptoAltum also enables full market depth (Level II Market Depth) on its MT5 platform.

Trading Tools

CryptoAltum provides valuable tools for its users to feel at ease in trading. These tools are Free Virtual Private Server (VPS), Leverage Margin Calculator, Economic Calendar, Crypto converter, etc. With the VPS, users can run their own automated strategies 24/7, with the fastest possible connection to the CryptoAltum trading servers. The advantages of using VPS are connection without interruption even in offline mode, automated EA trading, reduced latency, and accessing VPS from any device. If you want to see your total account leverage according to your open positions, you can use CryptoAltum's Leverage Margin Calculator. To monitor and prepare for market-moving events, such as economic indicators and monetary policy announcements, traders can add CryptoAlyum's Economic Calendar to their charts. Another tool is Crypto Converter which clients can convert cryptocurrencies including BTC, ETH, LTC, ADA, XRP, BCH, and USDT for free.

CryptoAltum Customer Support

If you need help or have any questions, CryptoAltum is available 24/7 via Whatsapp, LiveChat, Messengers, and Telegram. Based on PipRebate experience, they are responsive and trustworthy. Also, you can contact them at support@cryptoaltum.com. Cryptoaltum provides the FAQ that helps you troubleshoot different problems you may have.

Research and Trader education

By clicking on the Blog tab, you can find Market updates and Education centers that CryptoAltum provides its users. The Market Updates section updates any day other than a Saturday or Sunday. Education Center is another section on CryptoAltum's Blog where you can learn more.

Bonuses and Promotions

CryptoAltum provides variable bonuses and promotions that you can partake in them effortlessly. To join each of them, check the CryptoBroker broker profile on the PipRebate website. Then, go to the promotion section, we put instructions on how you can participate in the CryptoAltum promotions. For now, there are two active promotions; "Zero Fees on Deposits & Withdrawals" and "25% Bonus on every deposit". Don't miss out on them.

 

CryptoAltum Rebates by PipRebate

  • What are CryptoAltum rebates?

In a few words, PipRebate provides Forex and Crypto Rebates for you to earn cashback from each trade you make, despite winning or losing tradings. PipRebate has provided unbeatable rebate rates for CryptoAltum since 2019. The good news is that PipRebate recently increased rebate rates up to $7.8 for Live accounts of CryptoAltum. Therefore, you can earn our new rebate rates for your CryptoAltum account.

  • How much is the CryptoAltum Rebate;

Based on an instrument you make a trade, PipRebate offers different rebates for CryptoAltum accounts. PipRebate offers up to $7.8 per round turn lot traded and pays it daily and directly to your CryptoAltum trading account.

The distinguished point is by receiving our rebate rates, your spreads and commissions at your CryptoAltum never increase, unlike some of our competitors. Therefore, with PipRebate, you make more profit and decrease the trading costs.

  • How to receive CryptoAltum cashback on the CryptoAltum trading account;

To receive CryptoAltum Rebates on your CryptoAltum trading account, send an email to partners@cryptoaltum.com containing our IB code (1205) and our name (Piprebate) to request to transfer your account under our PipRebate partner account. Then add your CryptoAltum account to your Piprebate account. But if you want to open a NEW CryptoAltum account and receive CryptoAltum cashback, follow the steps below.

  • How to open a CryptoAltum account and receive rebates on it;

To be eligible to earn CryptoAltum rebates on your trades, step one is to create a CryptoAltum account through PipRebate's link. So, go to the broker list on the PipRebate website and click on CryptoAltum. Then scroll down to see the "To Open a New Account and Receive PipRebate" section. Click on the "Open a New Live account" to create a CryptoAltum account.

Signing up for the CryptoAltum account is easy, and you need only an email address. The process of creating an account takes only a few minutes. After registration, activate your account and then log in to your account. You redirect to the trading account mode page. Click on the "Live account" button, select the base currency for your live account, and the leverage you would like to have for it to open a trading live account. Step two is adding your CryptoAltum trading account to your PipRebate account to earn CryptoAltum rebates. To add your CryptoAltum account to your PipRebate account, enter your account name and account number.

To know how to open a CryptoAltum account and add it to your PipRebate account, read our guidance on the CryptoAltum broker page or watch this video.

Final Words

Briefly, CryptoAltum (Founded in 2019) is a cryptocurrency broker operated by Techcraft Ltd. (Registered and located in the Marshall Islands) and provides over 100 crypto pairs and other instruments for trades through MetaTrader 5 platform. The broker offers only one account type. Specifications of this account are Free-commissions, STP Execution, Hedging, Scalping, Automated (EA) Trading, Negative Balance Protection, Micro Lots, Free Demo accounts, One Click Trading, Free VPS, Swap-free trading, and all instruments (Crypto pairs, Forex pairs, Gold, and Indices).

For more than two years, Piprebate is provided unbeatable CryptoAltum Rebates for its users. PipRebate always efforts that its users have a friendly experience through its services. The support team is here to help you step by step. If you need a query, contact us by Live Chat.

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