Available Countries
  • Worldwide, United Kingdom, Australia, Europe, Netherlands, Finland, Sweden, Denmark, Norway, Germany, Austria, Switzerland, Spain, Portugal, Italy, Canada, New Zealand, United Arab Emirates, Qatar, Singapore, Hong Kong, France, Africa, South Africa, Latin America, Scandinavia, Malaysia, Bahrain, Ireland, Luxemburg, Russia, Slovakia, Malta, GCC (Show More)
  • Deposit Methods
  • Credit Card, Debit Card, Cryptocurrency (Show More)
  • Supported Currencies
    Platform Type
  • Centralized Exchange (CEX)
  • Supports
  • FIAT to Crypto, Crypto to Crypto
Margin Trading
  • Yes
  • Built In Wallet
  • Yes
  • Compensation Scheme
  • Yes
  • Regulated
  • Yes
  • Minimum Deposit
  • Varies, Bitcoin - 0.0002 BTC, Bitcoin Cash - 0.006 BCH, Litecoin - 0.03 LTC, Ethereum - 0.01 ETH , XRP - 7 XRP, Tether - 1 USDT
  • Deposit Fees
  • Free (Show More)
  • Withdrawal Fees
  • 0.1% (Show More)
  • Trading Fees
  • Varies (Show More)
  • Limits
  • None (Show More)
  • Verification
  • Anonymous (Show More)
  • Jump to page contents

    StormGain Exchange Review

    Kickstarted in 2019, StormGain is a focused cryptocurrency derivatives exchange. As a centralized platform with its main office in London and registered credentials in St. Vincent and the Grenadines, StormGain also proudly partners with the English Premier League's Newcastle United team for their sleeves.

    StormGain Review - Landing page

    Expanding beyond mere Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and XRP trading, StormGain provides an array of perpetual contracts for a multitude of digital assets.

    Experience leveraged trading with some of the crypto industry's well-known tokens: ZCash, Bitcoin Cash, DASH, Monero, EOS, Tron, Ethereum Classic, Stellar Lumens, Bitcoin Gold, Cardano, QTUM, NEO, IOTA, OmiseGO, and Nem (XEM).

    At StormGain, all derivatives are traded in Tether (USDT). They also offer a selection of four perpetual contracts denominated in BTC, featuring Bitcoin Cash, DASH, Ethereum, and Litecoin.

    Caution is advised: StormGain's advanced users are particularly those well-versed in derivatives due to a potential 200x leverage on Bitcoin contracts and up to 10x-100x on altcoin contracts.

    Your capital is at risk

    StormGain's versatility shines with the option to practice via demo trading alongside live trading. By using virtual funds, you'll gain hands-on experience before putting your digital assets at stake on StormGain. Moreover, they've got tutorials tailored for platform newcomers.

    Is StormGain Safe?

    On the safety front, StormGain is fairly reliable, requiring a standard email and password for access. They go a step further by allowing SMS authentication to provide an extra verification step when needed.

    Modern security practices are in place on StormGain to protect user funds. All digital assets on the platform are securely tucked away. hardware wallets for additional security.

    StormGain Exchange

    A smooth trading experience awaits as StormGain lets you handle perpetual contracts for 18 trending cryptocurrencies. These contracts remain valid with no expiry, courtesy of StormGain’s efficient order matching engine that's ever-ready.

    The diverse array of 18 digital assets comes with matching perpetual contracts and their possible leverage limits.

    • BTC/USDT – 200x
    • ETH/USDT – 100x
    • BCH/USDT – 100x
    • LTC/USDT – 100x
    • XRP/USDT – 50x
    • DASH/USDT – 50x
    • ZEC/USDT – 50x
    • XMR/USDT – 50x
    • EOS/USDT – 50x
    • XLM/USDT – 50x
    • ADA/USDT – 50x
    • TRX/USDT – 50x
    • ETC/USDT – 50x
    • BTG/USDT – 50x
    • OMG/USDT – 50x
    • NEO/USDT – 50x
    • NEM/USDT – 15x
    • IOTA/USDT – 10x
    • ETH/BTC – 50x
    • BCH/BTC – 50x
    • LTC/BTC – 50x
    • DASH/BTC – 50x

    Where does StormGain stand in the sea of exchanges?

    • StormGain
    • eToro
    • Type
    • Centralized Exchange (CEX)
    • Rating
    • 4.5/5
    • Best For
    • Newcomers, Advanced Beginners, Experts, Long Term Investors, Short Term Trading, Day Trading
    • Instruments
    • Cryptocurrencies
    • Min Deposit
    • Varies Bitcoin - 0.0002 BTC Bitcoin Cash - 0.006 BCH Litecoin - 0.03 LTC Ethereum - 0.01 ETH XRP - 7 XRP Tether - 1 USDT
    • Fees
    • Varies
    • Deposit Methods
    • Credit Card, Debit Card, Cryptocurrency
    StormGain Review
    • Type
    • Centralized Exchange (CEX)
    • Rating
    • 5/5
    • Best For
    • Newcomers, Advanced Beginners, Long Term Investors, Short Term Trading
    • Instruments
    • Only available in the US
    • Min Deposit
    • Varies $50 for some countries
    • Fees
    • Varies, 0.75% Spread for BTC & 1.9% Spread for ETH
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer, Cryptocurrency, Paypal

    This advertisement highlights cryptocurrency offerings within the EU and USA by eToro Europe, eToro UK, and eToro USA LLC. Bear in mind the high volatility, lack of regulation in parts of the EU and UK, and no consumer protection within the EU, with investments bearing market risk, including potential principal loss.

    • Type
    • CFD Trading Platform (CFD)
    • Rating
    • 4.5/5
    • Best For
    • Advanced Beginners, Experts, Long Term Investors, Short Term Trading
    • Instruments
    • Crypto, Indices, Forex, Commodities, Shares, Options, ETFs
    • Min Deposit
    • Varies €100/$100/£100 for card payments & €/$/£500 for bank transfers
    • Fees
    • Varies, A spread fee of 0.6% applies on BTCEUR market
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer

    Your capital is at risk

    • Type
    • CFD Trading Platform (CFD)
    • Rating
    • 4.5/5
    • Best For
    • Newcomers, Advanced Beginners, Long Term Investors, Short Term Trading
    • Instruments
    • Indices, Forex, Commodities, Shares
    • Min Deposit
    • Varies A single fee of 29 EUR/GBP/USD, followed by a 100 EUR/GBP/USD for subsequent deposits
    • Fees
    • Free, Varies, Floating spread, swap fees, conversion charges
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer

    Your capital is at risk

    • Type
    • Centralized Exchange (CEX)
    • Rating
    • 4.5/5
    • Best For
    • Newcomers, Advanced Beginners, Experts, Long Term Investors, Short Term Trading, Day Trading
    • Instruments
    • Cryptocurrencies
    • Min Deposit
    • None
    • Fees
    • Starting from Maker @ 0.16% & Taker @ 0.25%
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer, Cryptocurrency
    • Type
    • CFD Trading Platform (CFD)
    • Rating
    • 4.5/5
    • Best For
    • Newcomers, Advanced Beginners, Experts, Long Term Investors, Short Term Trading
    • Instruments
    • Crypto, Indices, Forex, Commodities, Shares, ETFs
    • Min Deposit
    • €215
    • Fees
    • Spreads starting at 0.03
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer

    81% of retail CFD accounts lose money

    • Type
    • CFD Trading Platform (CFD)
    • Rating
    • 5/5
    • Best For
    • Advanced Beginners, Experts, Long Term Investors, Short Term Trading
    • Instruments
    • Crypto, Indices, Forex, Commodities, Shares, Options, ETFs
    • Min Deposit
    • €100 for credit card deposits.
    • Fees
    • Varies, A spread fee from 0.56% up to 3.28% applies
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer, Paypal

    72% of retail CFD accounts lose money

    • Type
    • CFD Trading Platform (CFD)
    • Rating
    • 4.5/5
    • Best For
    • Newcomers, Advanced Beginners, Experts, Long Term Investors, Short Term Trading
    • Instruments
    • Crypto, Indices, Forex, Commodities, Shares
    • Min Deposit
    • Fluctuates between $250 to $300, dictated by the account type
    • Fees
    • Main fees are spreads, as low as 0.03 pips
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer

    Your capital is at risk

    • Type
    • CFD Trading Platform (CFD)
    • Rating
    • 4.5/5
    • Best For
    • Newcomers, Advanced Beginners, Experts, Long Term Investors, Short Term Trading
    • Instruments
    • Crypto, Indices, Forex, Commodities, Shares, ETFs
    • Min Deposit
    • 250 EUR/USD/GBP
    • Fees
    • Varies, No overnight or maintenance fees
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer, Paypal

    Your capital is at risk

    • Type
    • Centralized Exchange (CEX)
    • Rating
    • 4.5/5
    • Best For
    • Newcomers, Advanced Beginners, Long Term Investors, Short Term Trading
    • Instruments
    • Cryptocurrencies
    • Min Deposit
    • $60 or €53
    • Fees
    • A 5.9% fee per trade, with an additional 5% for credit/debit card transactions
    • Deposit Methods
    • Credit Card, Debit Card, Bank Transfer
    • Type
    • Centralized Exchange (CEX)
    • Rating
    • 4.5/5
    • Best For
    • Advanced Beginners, Experts, Long Term Investors, Short Term Trading, Day Trading
    • Instruments
    • Cryptocurrencies
    • Min Deposit
    • None
    • Fees
    • Maker @ 0.1% & Taker @ 0.1%
    • Deposit Methods
    • Credit Card, Debit Card, Cryptocurrency

    StormGain Instant Exchange

    Distinctively, StormGain offers an Instant Exchange feature, allowing swift swaps between top-tier cryptocurrencies. This means you can seamlessly convert between Tether (USDT), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, and Bitcoin Cash (BCH).

    You'll encounter instant exchange fees ranging from a minimal 0.095% to 0.25% of the transaction's total value.

    StormGain Wallet

    StormGain equips its users with an embedded wallet for storing digital assets. Notably, the platform supports wallets for 6 out of the 18 assets tradable on the exchange: BTC, Tether, Bitcoin Cash, Litecoin, Ethereum, and XRP.

    Be assured that any digital assets deposited on StormGain are kept secure. With complementary wallet use for every account, users experience a seamless experience.

    To bolster your asset security, consider using highly protective hardware crypto wallets for some of your funds. Here’s a curated list of top-tier hardware wallets that ensure your assets are safe offline.

    The latest development from Ledger, the Ledger Nano X, is tailored for those needing a Bluetooth-compatible Ledger Nano S solution while on the go.
    Launched back in 2015, KeepKey Wallet remains a stalwart in secure hardware wallets, now operated by ShapeShift Exchange and ranking third globally.
    Enter the Trezor: It's possibly the most secure hardware wallet, boasting multifunctional capabilities for a vast array of crypto tokens.

    StormGain Mobile App

    Your trading escapades on StormGain aren’t just limited to desktop browsers; there's a convenient option to grab the StormGain mobile trading app, easily accessible from both the Google Play Store and Apple App Store. This brings your trading pursuits to your fingertips, letting you monitor your crypto holdings right from your phone.

    StormGain Loyalty Program

    The loyalty program at StormGain is designed to reward your decisions to trade here. Your account could ascend into one of five tiers, with enhanced benefits as you trust more digital assets to StormGain. Here's a quick view of what you can gain from each loyalty level.

    StormGain - Loyalty Program

    StormGain Referral and Affiliate Opportunities

    Share StormGain with friends, and you're positioned to receive 15% of the commissions they generate from trading. If inclined, leap into StormGain's affiliate program, letting you tap into attractive commissions through signing up clients for the exchange.

    StormGain Account

    With effortless account setup taking under five minutes, StormGain welcomes you aboard. Follow the outlined process below for a seamless registration.

    How to Sign Up on StormGain

    1. Head to StromGain.com and press the 'Register' button positioned at the site's top-right corner.
    2. You'll encounter a prompt asking for your email, phone number, and your chosen password. StormGain review - Sign up
    3. Expect a warm greeting through a welcome email from the StormGain team.
    4. To start trading or depositing funds, you'll first complete email and phone verifications.

    How to Login On StormGain

    With your account active, logging in becomes a breeze via these steps.

    1. Visit StormGain.com.
    2. Click 'Sign In' perched at the top-right of the website.
    3. A prompt will request your email and password input. StormGain Review - Sign in

    Verification Requirements

    Interesting to note: StormGain skips mandatory Know-Your-Customer (KYC) processes, requiring only a valid email, phone number, and password for platform use.

    Exceptions arise where additional user information might be asked — especially in situations related to fraud analysis, anti-money laundering efforts, or probes into criminal activities.

    Steps to Acquiring Cryptocurrency on StormGain

    Through StormGain, seize the option to purchase 6 digital assets using credit/debit cards. The roster includes BTC, ETH, LTC, BCH, XRP, and USDT.

    Card transactions seamlessly integrate with Simplex and Koinal, both accommodating USD payments.

    However, Simplex uniquely supports transactions in fiat currencies such as USD, EUR, AUD, CHF, CZK, DKK, GBP, HUF, ILS, KRW, NOK, NZD, PLN, RUB, SEK, TRY, and ZAR.

    How to Buy BTC, ETH, LTC, BCH, XRP or USDT

    1. Login to your StormGain account.
    2. Hit the 'Buy Crypto With a Card' button nesting in the screen's top-right. Buy crypto page
    3. A subsequent dialogue box will greet you upon clicking. How to buy with credit card
    4. The initial tab lets you choose your desired digital asset from options like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, XRP, or Tether.
    5. Next in line, select your payment method — it's between Simplex or Koinal.
    6. Below, note the fiat denomination and corresponding purchase amount.
    7. Once satisfied with the figures, merely click 'deposit'.

    Your Capital is at risk

    How to Deposit Coins on StormGain

    As previously highlighted, StormGain accommodates deposits of 6 digital assets within the built-in wallet. Follow these directions to deposit:

    1. Login to your account.
    2. Toward the screen's far right, locate 'My Wallet'. StormGain - My Wallet
    3. Choose the cryptocurrency you'd like to deposit.
    4. For example, with Bitcoin, click ‘Deposit’ next to your chosen asset.
    5. You'll view a new dialogue indicating minimum deposit requirements and the relevant deposit address.
    6. Copy the displayed address and send your BTC.StormGain - Depositing BTC
    7. This basic process applies when handling deposits for Tether, Bitcoin Cash, Litecoin, Ethereum, or XRP as well.

    How to Cash Out on StormGain

    As of this writing, withdrawals on StormGain are permissible exclusively for the 6 aforementioned assets: Tether, Bitcoin Cash, Litecoin, Ethereum, or XRP. For withdrawals, proceed with these:

    1. Log in to your StormGain account.
    2. Again veer to the right and click 'Wallet'.
    3. Select the digital asset you wish to withdraw. In this instance, take Tether as an example.
    4. The system will prompt you to enable 2FA if not already set up.StormGain - SMS 2FA
    5. A dialogue box then appears, inquiring about withdrawal figures and the receiving address.StormGain - Withdrawal
    6. Fill in the desired withdrawal amount alongside the destination address.
    7. This procedure applies when withdrawing the other assets: BTC, BCH, LTC, ETH, or XRP.

    Supported Countries

    StormGain allows membership from nearly every corner across the globe.

    Supported

    Apart from the countries specified below, StormGain extends its services across almost the entire European Economic Area, making its platform accessible to nations such as Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. In addition, StormGain caters to a global audience outside the European Union, including users from Russia, South Korea, and Southeast Asia.

    Excluded

    Nonetheless, StormGain is restricted from providing trading services in certain territories, including:

    The United States, Japan, Afghanistan, Bosnia and Herzegovina, British Columbia, Ethiopia, Guyana, Iran, Iraq, Lao PDR, North Korea, Quebec, Sri Lanka, Syria, Tunisia, Trinidad and Tobago, Uganda, Vanuatu, and Yemen.

    Exchange Fees & Limits

    As is typical with crypto derivatives platforms, StormGain imposes specific limits and fees linked to trading activities, deposits, and withdrawals.

    Trading Fees

    StormGain employs a maker/taker fee model for its trades. It imposes a 0.04% maker fee and a 0.40% taker fee on perpetual contracts valued in Tether (USDT).
    For Bitcoin-denominated contracts, StormGain levies a 0.40% fee on both maker and taker trades.

    Deposit and Withdrawal Fees

    Depositing any of the six digital currencies supported by the StormGain wallet incurs no fees. However, transaction processing speeds will influence the applicable miners' fees.

    For withdrawals, StormGain applies a standard 0.1% commission on withdrawing any of the six supported digital assets: BTC, USDT, BCH, ETH, LTC, and XRP.

    Limits

    StormGain allows unlimited deposits and withdrawals of its six supported digital assets, such as Bitcoin, Ethereum, Bitcoin Cash, Tether, Litecoin, or XRP. However, minimum deposit and withdrawal limits apply.

    Withdrawals and Deposit Fees at StormGain

    Supported Payment Methods

    What makes the exchange stand out is that you have the option to purchase major cryptocurrencies like the aforementioned six using your credit and/or debit card on the platform. Both Visa and Mastercard are accepted.

    Credit card transactions are facilitated by Simplex and Koinal. Transactions processed via Simplex incur a 5% fee or a flat 10 USD, whichever is higher. Meanwhile, Koinal charges a standardized 1.5% fee for its transactions.

    When buying through Simplex, numerous fiat currency options such as USD, EUR, AUD, CHF, CZK, DKK, GBP, HUF, ILS, KRW, NOK, NZD, PLN, RUB, SEK, TRY, and ZAR are available. Contrarily, Koinal restricts digital purchases exclusively to USD.

    StormGain Customer Support

    To get assistance from StormGain’s support team, you can join their Telegram group (@StormGain) where the team of authorized admins will address your queries, or give them a call at +248 467 19 57.

    Their website also hosts a comprehensive knowledge base replete with tutorials and FAQs that elucidate the exchange's operations.

    Upcoming Features for StormGain Exchange

    Via its dedicated communication channels, including Facebook (@StormGain.official), Twitter (@StormGain_com), and Telegram (@StormGain), StormGain communicates updates and forthcoming features to its user base.

    Top Competitors

    StormGain vs Bitmex

    Although StormGain possesses a similar verification policy to Bitmex, it also differentiates itself by offering 22 perpetual contracts, outnumbering Bitmex’s available contracts which include Bitcoin, Cardano, Bitcoin Cash, EOS, Ethereum, Litecoin, Tron, and XRP. Yet, Bitmex boasts a high profile among both retail and institutional traders.

    StormGain vs ByBit

    Unlike ByBit, StormGain excels in the variety of contracts it presents, mitigating the absence of a strict KYC process by delivering more trading opportunities. Despite both platforms supporting mobile apps, StormGain gives an edge over ByBit by offering bonuses from storing digital assets in any of its six supported wallets.

    StormGain vs Binance

    Compared to StormGain, Binance has cemented its stature longer. Binance presents a diverse array of trading options, including spot, staking, loans, futures, and options trading, as well as bank deposits. Featuring 24 perpetual contracts with varying leverage between 50x and 125x, StormGain comes very close with its 22 contracts. StormGain is anticipated to innovate and expand its offerings in due course.

    Conclusion

    StormGain presents the possibility of trading 22 perpetual contracts valued in USDT and BTC, alongside the facility to manage your cryptocurrency transactions in BTC, ETH, LTC, BCH, XRP, and Tether (USDT), providing expansive transactional flexibility. Users can also opt to purchase these digital currencies using credit or debit cards.

    The platform also offers incentives for keeping your cryptocurrencies in any of its six available digital wallets. Through the StormGain mobile app, available on both Google and Apple platforms, trading and financial management become effortlessly efficient.

    For security measures, StormGain offers a traditional email and password login complemented by optional SMS 2FA mechanisms. Users' assets are stored in cold wallets, reinforcing their safety.

    Geared towards seasoned crypto traders acquainted with the risk associated with high leverage trading, StormGain caters to newcomers by providing a demo account using virtual funds, risk-free. The platform also avails a range of tutorials to support familiarization with the exchange.

    Pros and Cons

    StormGain Pros and Cons

    Is StormGain safe?

    Implemented to safeguard financial resources, StormGain fortifies users’ accounts using an email and password, with the option to enable 2FA via SMS. All funds are securely stored within a cold wallet.

    Who owns StormGain?

    StormGain’s legal registration is in St. Vincent and the Grenadines, with its operational base situated in London, UK.

    Is there an official StormGain app?

    Indeed, the StormGain mobile app can be downloaded from Google Play and the Apple Store.

    How do I contact support on StormGain?

    To reach StormGain support, the most effective channel is via their official email.

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