There are especially many options for account capitalization as well as withdrawal of winnings. The payment options for account capitalization include: Bitcoin, IOTA, Litecoin, Ethereum, Bitcoin Cash, EOS, Monero, Ethereum Classic, Dash, Ripple, Santiment, Zcash, BTG, NEO, YOYOW, OmiseGo, Steamr, Qash, Qtum, ETP,Eidoo, Aventus, Tether, USD and bank transfer. The minimum deposits are variable and the same goes for the fees.
Account management is also possible in numerous crypto and fiat currencies: bitcoin, IOTA, Litecoin, Ethereum, Bitcoin Cash, EOS, Monero, Ethereum Classic, Dash, Ripple, Santiment, Zcash, BTG, NEO, YOYOW, OmiseGo, Steamr, Qash, Qtum, ETP,Eidoo, Aventus, Tether, USD and EUR. We have hardly seen so much choice compared to other crypto exchanges. The options for withdrawals are just as diverse.
Profit Edge alternative: also generate mobile payments
The Profit Edge experience with the mobile offer is positive. The crypto exchange has its own app, through which account capitalization can also be made. In addition to the general app, the “TraderBit for Profit Edge” and the “Profit Edge Tracker” are available for free download in the Apple Store.
Transactions take place in seconds
From experience, the transactions are executed within seconds. This also shows the advantage of payments with digital currencies. They are processed much faster than, for example, the conventional payment methods (for example, via credit card or bank transfer). In addition, the costs are significantly lower. This is also an advantage that many customers like to claim.
Important: Traders can only withdraw via the same method they used to make their deposit.
Security in legal basics
Let’s take a look at the security and regulation of the crypto exchange. Trading is conducted over an encrypted connection. The main reason for the high security standard is the 2-factor authentication. This means for customers that access to their own trading account is only possible through an additional confirmation key. This is intended to minimize abusive actions. Basically, traders do not have to verify themselves, but it is advisable because this is what puts the 2-factor authentication into effect in the first place. Necessary for this is a copy of the passport or ID card. After customer support identifies the traders, they are verified and the trading account is enabled for 2-factor authentication.
Regulatory authority does not exist
However, there is no regulating authority at Profit Edge. However, this is due to the nature of the crypto exchange and the fact that it is based in Hong Kong.
Customer support in English
Those who want to make use of the customer support will have to make do with English-speaking employees only. Nevertheless, a support center is available to answer customers’ questions in the best possible way. To make the customer support even more efficient, there is a ticket system, so that customers can see at any time how far the processing status of their request is. We could not find any telephone support in our test. However, there is an extensive FAQ section with comprehensive explanations of the topics.