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From the beginning, cryptocurrency has always been about transparency and peer-to-peer networking. Over the years, some systems have failed, and some have flourished, while others strike to get back to the basic idea of what the digital currency platform was all about.
Level is a company that is trying to bring out the best in digital currencies by offering zero-fee trading along with a secure wallet. This new platform is for investors, and traders to communicate with like-minded people and bring out the best that blockchain technology has to offer.
What Is Level Cryptocurrency Exchange?
According to their site, Level is operated by a company called Samsa Technologies Inc. It also states that it is federally registered. You can find a long list of the team members on the site to get a better understanding of who runs and operates Level.
It is important to note that Level does not operate everywhere. In fact, it is only available in California, Texas, Illinois, Michigan, and Colorado within the United States and 28 countries which are located mostly in the UK. These countries include, Austria, Belgium, Finland, Czechia, Denmark, Ireland and others.
You would need to check the listing on their site for all the areas that they are allowed to work in. It is also important to know that you will also be penalized if you try to open an account with Level outside of their service areas.
As far as which cryptocurrencies are supported with Level, you can use BCH, BTC, LTC, USDC, and ETH.
You will find Level on some social media sites like YouTube, Twitter, and Discord adding further credibility to their company.
Level Cryptocurrency Exchange Product
Level is basically a digital currency trading platform/exchange. The site offers secure storage for your cryptocurrencies, along with a regulated exchange that is community driven.
In order to get started with Level, you have to be in their âservicing' area. Then, there is a $5 a month membership fee. The site states that the fee listed right now is only for a limited time. It appears that there are intentions to raise this fee in the future and members can lock in this $5 rate for life if they sign up now.
As for the platform. It is geared for investors and traders. Level is trying to âlevel' the playing field by making it easier and cheaper to trade cryptocurrencies. The site states that it is free to buy and sell currencies and only pay 20 BPS for withdrawals which covers the transmission costs.
Level Cryptocurrency Exchange Opportunity
Due to the nature of the site, there isn't any opportunity for affiliates to earn an income. However, if you invest, sell, and trade you can make money.
Level Cryptocurrency Exchange Verdict
All in all, Level is a simple company with a simple plan. They offer free trading service on their platform that exchanges BCH, BTC, LTC, USDC, and ETH. The only real downside is the lack of service throughout the United States. It seems that they have not reached their full potential and is a company that you should keep your eye on for further developments.
However, if you do live in one of the areas that they service, their system is straight forward. The fact that they are completely transparent in who runs the site, and what they do make it worth the effort to check out. Plus, the advantage of keeping your earnings is an bonus.
Level is all around a good company with nothing to hide. Don't be surprised though to see them expanding their services in the near future. Sure, they may seem like just another trading platform for cryptocurrencies, but Level doesnât hide anything which is refreshing. There are no hidden fees, or any reasons for you not to trust them. They offer top of the line security for their members and the digital wallets.
The only real downside is the limited digital currencies that they exchange and the locations in which they operate in. Other than that, if you are looking to start trading cryptocurrencies, you might want to check them out for yourself.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.