StormGain is a cryptocurrency exchange for spot and futures trading. It supports working with fiat currency (credit and debit cards from any bank).
Our editors have analyzed all the main aspects of the platform and prepared for you a detailed overview of the capabilities of this site. The review includes available features, fees, deposit/withdrawal methods, advantages and disadvantages, and many other nuances.
In short, about the main thing:
- StormGain is a cryptocurrency exchange for spot and futures trading. Futures contracts are available with leverage of up to 150x.
- Low fees for trading and exchange. There is a cumulative discount on trading fees as trading volume increases.
- 24/7 support service, different interface languages.
- There is functionality for cloud mining .
- The verification is not necessary.
We also recommend consulting other cryptocurrency exchanges for trading: Binance , Bybit , OKX , MEX , cooperative , Gate.io , Bitget
StormGain Exchange Features:
- Futures contracts with leverage of up to 150x.
- Cumulative trading fee discount as trading volume increases.
- Integrated tools to improve trading efficiency – different order types, customizable signals.
- The opportunity to receive 10% per year by maintaining a minimum of 100 USDT in your wallet balance.
- Bonus deposit of up to 15% in the loyalty program.
- You can get started as quickly as possible as you only need an email to create an account.
- There is a mobile app for Android and iOS.
- There is a demo account .
- 24/7 support service.
- Supports different interface languages.
StormGain is an official partner of Newcastle United Football Club.
Video review of the trading platform:
general information
| Name | StormGain |
|---|---|
| Official website | stormgain.com |
| Brazilian language | Yes |
| Year of foundation | 2019 |
| Country of registration | Seicheles |
| Enterprise | StormGain Limited |
| Registration address | Suite 15, 1st Ave Oliaji Trade Centre, Francis Rachel Street, PO Box 1004, Victoria, Mahé, Seychelles |
| Registration number | 211202 |
| Type | Centralized |
| Products | Spot exchange; futures exchange; cryptocurrency wallet |
| Types of trade | Spot, futures |
| Demonstration | Open a demo account |
| Token swap | No |
| Trading fee | Dynamic, depends on the market. For BTCUSDT: from 0.08% to 0.15% |
| No Deposit Bonus | 25 USDT using promo code “PROMO25”. Get a bonus. |
| Deposit fee | No |
| Withdrawal fee | 0,1% + taxa blockchain |
| Working with decree | Yes |
| Profit accounting | USDT |
| Verification | Not necessary |
| Security | 2FA, SMS confirmation, email address verification |
| Base currencies | BTC, ETH, XRP, BCH, LTC, DSH, USDT |
| Number of contracts | 23 |
| Contracts | DSHBTC, IOTUSDT, DSHUSDT, XMRUSDT, ADAUSDT, TRXUSDT, BTGUSDT, ETCUSDT, XLMUSDT, BTCUSDT, ETHUSDT, ETHBTC, BCHBTC, BCHUSDT, XRPUSDT, QTMUSDT, OMGUSDT, XEMUSDT, NEOUSDT, EOSUSDT, LTCUSDT, LTCBTC, ZECUSDT |
| Margin Trading | Yes |
| Maximum leverage | 150x, for the BTCUSDT contract; 50x – for all others |
| Minimum leverage | 5x, for all contracts |
| Taxas spot (exchange) | from 0.08% to 0.25% |
| Minimum spot exchange value | 0,00001 BTC; 0,0001 ETH; 0,001 LTC |
| Futures Trading Fees | from 0.15% to 0.25% |
| Deposit fees | 0% |
| Minimum deposit value | 0,005 BTC; 0,200 ETH; 160,0 XRP; 0,550 LTC; 0,160 BCH; 50 USDT |
| Withdrawal fees | 0,1% |
| Minimum withdrawal amount | 0.00 for all cryptocurrencies; 20 USDT for Tether OMNI |
| Mobile App | Yes |
| Contacts | [email protected] , +2484671957 |
| Social media | https://t.me/stormgain_news; https://twitter.com/StormGain_com; https://www.facebook.com/StormGain.official |
Registration and profile setup
To create an account on the StormGain cryptocurrency exchange, click “Login” in the top right corner of the stormgain.com website.
Or click “Quick Start” and then click Register.
- Enter the required details – email, 5 character password, phone number if available, promotional code.
- Click “Register”.
- You do not need to confirm your registration email. You will receive a notification about opening an account on the StormGain exchange.
You can start trading, but first let's check the opportunities available to a registered user.
Clicking on the username in the top right corner of the screen opens the following menu:
- Demo account (enable or disable).
- Notifications. You can enable StormGain push notifications in your browser.
- Security. You can enable account login confirmation via SMS or two-factor authentication via the Google Authenticator app.
- Video tutorials. A series of training videos on how to work with the cryptocurrency exchange.
- Leave feedback. Opens a feedback form where you need to select the reason for the request and describe the problem, attaching a file if necessary.
- Profile settings. In this window you can confirm your email address, edit your phone number, change your password and provide personal information (first name, last name, date of birth, address, passport or driver's license number).
Below this menu are the account management options – withdrawal, deposit, exchange. It also indicates which account is currently being used, regular or demo.
Deposit into your account
To deposit funds into your StormGain cryptocurrency exchange account, click the green “Deposit” button or a similar button just below for your desired cryptocurrency.
The following window will open:
By default, deposits are made to Omni USDT . But if you clicked on “Top up” for a certain currency, the operations will be carried out in that currency.
Copy the blockchain address and transfer funds to it, strictly in the selected currency. You can click the Show as QR button to display a QR code for quick payment of a mobile cryptocurrency wallet . Please pay attention to the limits indicated in this window – sending an amount less than the minimum will result in loss of money.
To buy cryptocurrency for fiat currency and then transfer it to StormGain, you can use: cryptocurrency exchanges , exchanges p2p , fiat cryptocurrency exchanges .
Replacement limits and fees
| Cryptocurrency or stablecoin | Deposit fee | Minimum deposit |
|---|---|---|
| To love everything | 0% | 50 dollars |
| Bitcoin | 0% | 0,005 BTC |
| Ethereum | 0% | 0,2 ETH |
| Litecoin | 0% | 0,55 ETH |
| Bitcoin Cash | 0% | 0,16 BCH |
| Curling | 0% | 160 XRP |
From a bank card
Click the button at the top of the screen “Buy cryptocurrency with credit card”.
Select which cryptocurrency you want to credit to your StormGain exchange balance. Select the payment method Credit or Debit Card . Select the currency (euros, dollars) and enter the amount (at least 50 EUR or 50 USD).
Payment is made through the Simplex service. Just follow their Tips.
Demo account
A demo account on StormGain is activated by clicking the corresponding button in the profile menu.
When switching to a demo account, you receive 40,000 virtual USDT and can fully use the functionality of the trading terminal – buy, sell and exchange currencies.
Trading operations
StormGain allows you to choose a trading platform: spot (“Exchange” or “Instant Exchange” tab) or futures (“Trading with multiplier”).
Trading with a multiplier
Let’s talk about trading on the StormGain cryptocurrency exchange with margin leverage, that is, with a cartoonist. In general, the functionality is the same as on other sites. The trading process is as follows:
- Select a trading pair to trade on the left.
- Analyze the graph and guess if a taxa will increase or decrease in the near future. It is more convenient to work with the chart in full screen mode.
- At the initial stage, it is better to trade with the trend – in the direction in which the price is moving. The trend is very easy to determine on the chart.
- Having determined the trend, open a trade (the “Open Trade” button in the upper right corner above the chart).
- Select the type, transaction amount and leverage (multiplier). It is better for a beginner not to take risks with high fees.
- Click on one of the “Short” or “Long” buttons to open a trade.
- The results are tracked in the “Open Trades” section just below the chart. When the result needs to be corrected, the trade is closed. Profit or loss will be instantly recorded on the balance sheet.
- For example, a trade is opened (“Up”) with a total volume of 500 USDT and a leverage of 5x with a transaction amount of 100 USDT. P&L is the unrealized profit or loss on a trade, i.e. the current result is +1.47USDT.
To enjoy
StormGain has the concept of multiplier, which means the same thing as leverage, and theoretically allows you to increase your trading profits. It is easy to work with. For example, you open a trade for $50 and specify a multiplier of 10x.
This means that the transaction will involve not 50, but 500 dollars, of which 50 are yours and 450 are credit. Thus, if the price of BTC increases by 10%, the profit will be calculated based on staking $500 and will be $50. The better the multiplier, the better the profit. With a 50x multiplier, it will already be $250.
But the risks also increase, so it is necessary to use this tool as carefully as possible, based on the circumstances. It is best to use transaction amounts that are 2-5% of the total deposit. For example, if the deposit is $100, then the transaction amount will be $2-$5. Using leverage, the total transaction amount will increase. But for beginners, 5-10x is a normal multiplier and there is no need to increase it.
Stop Loss and Take Profit Application
Stop Loss and Take Profit orders are necessary to minimize risks when trade cryptocurrencies and not to continuously monitor the rate chart. These are restrictions that are automatically triggered when a certain rate is reached.
The trader sets Stop Loss and Take Profit independently. In the first case, this is an acceptable rate level so that losses are not too large even on a losing trade. In the second case, the restriction is imposed on a profitable transaction.
To use these orders in StormGain, you need to expand the “Limit profit and loss” option when creating a trade. You can set only one parameter or both at the same time. You can also set these indicators for already opened transactions (you need to click on the transaction).
To correctly determine which values to set, you need to study the chart and find the maximum and minimum price of an asset for a certain period of time.
Instant Swap
The StormGain website also offers the function of instant cryptocurrency swap at the best rate.
Withdrawal of funds
To withdraw money from your StormGain account, you need to select the currency of interest and click “Withdraw”.
In the window, enter the address the wallet where the cryptocurrency should be credited and the amount. There are no limits on the withdrawal amount.
Withdrawal limits and fees
| Cryptocurrency or stablecoin | Withdrawal fee | Minimum withdrawal amount |
|---|---|---|
| To love everything | 0,1% | 20 dollars |
| Bitcoin | 0,1% | 0 BTC |
| Ethereum | 0,1% | 0 ETH |
| Litecoin | 0,1% | 0 ETH |
| Bitcoin Cash | 0,1% | 0 BCH |
| Curling | 0,1% | 0 XRP |
Deposit earnings
Starting October 28, 2019, StormGain users with more than 100 USDT in their accounts will receive interest on the deposit. The method is a risk-free investment that generates 10% profit per year.
What to do to make a profit:
- Download the StormGain mobile app on iOS or Android or register on the website.
- Sign up to participate in the program.
- Fund your account with at least 100 USDT.
- Receive regular interest income.
Interest will accrue daily, calculated from the amount of cryptocurrency on the balance sheet or in the form of transactions. The profit comes in the form of USDT.
Fees and limits
Taxas de exchange na exchanges StormGain :
- BCHBTC – fee 0.25%, minimum amount 0.00000001 BCH.
- BCHUSDT – rate 0.08%, minimum value 0.0001 BCH.
- ETHBTC – tax 0.25%, minimum value 0.000000001 ET
- LTCBTC – fee 0.25%, minimum amount 0.00001 LTC.
- BTCUSDT – tax 0.08%, minimum value 0.00001 BTC.
- ETHUSDT – tax 0.08%, minimum value 0.0001 ETH.
- LTCUSDT – fee 0.08%, minimum amount 0.001 BCH.
- XRPUSDT – fee 0.08%, minimum amount 0.1 XRP.
Cryptocurrency Trading Fees :
- Swap rate (BTCUSDT, ETHUSDT, LTCUSDT, XRPUSDT, BCHUSDT) – buy -0.04%, sell 0.004%. Average trading fee: 0.15%.
- Swap rate (ETHBTC, LTCBTC, BCHBTC, DSHBTC) – buy -0.04%, sell 0.04%. Average trading fee: 0.25%.
The minimum multiplier is 5x, the maximum multiplier is 150x (for BTCUSDT), for others 50x.
Withdrawal fee 0.1% + blockchain fees. No deposit fee. No withdrawal limits. Deposit Limits:
- the 0.005 BTC;
- the 0.160 BCH;
- of 0.2 ETH;
- the 0.55 LTC;
- of 160XRP.
StormGain Exchange Loyalty Program
The StormGain cryptocurrency exchange has five loyalty program tiers. They are automatically assigned when a certain account balance is reached.
List of statuses, conditions for obtaining them and privileges granted:
- Standard. Balance less than 499 USDT. Excluding trading volume. No discount on trading fees. Exchange fee starts at 0.08%. No replenishment bonus.
- Gold. Balance over 499 USDT. Trading volume 150,000 USDT. 5% discount on trading fees. Exchange fee starts from 0.08%. Bonus for replenishing your account 5%.
- Platinum. Balance over 1499 USDT. Trading volume 750,000 USDT. 10% discount on trading fees. Exchange fee 0.07%. Bonus for replenishing your account 10% of the amount.
- Diamond. Balance over 4999 USDT. Trading volume 2,250,000 USDT. 15% discount on trading fees. Exchange fee 0.07%. Bonus for replenishing your account 15% of the amount.
- VIP. Balance over 49,999 USDT. Trading volume 7,500,000 USDT. Everything else is calculated on an individual basis.
Advantages and Disadvantages
Pros
- Quick registration. Lack of verification.
- Spot and futures trading.
- Low fees for depositing and withdrawing funds.
- Multi-level loyalty program.
- Interest-bearing investment opportunities.
- Enjoy up to 150x.
- Fund your account with a bank card.
- There is a demo account for training.
- Support for the Brazilian language, although the translation is partial.
- There is no replacement in Brazilian reais.
Contras
- Few online reviews.
- There are no specifications for futures contracts.
- Little basic information. Training is in video format only in English.
- High minimum deposit limit.
Frequently asked questions
What is the official Stormgain website?
How to trade on Stormgain?
On the spot market or via a quick swap. In addition, there is the possibility of trading futures contracts. The number of supported currencies is small.
Is identity verification required on Stormgain?
It is not mandatory.
What leverage is available on the Stormgain exchange?
Until the 150s.
How to top up your Stormgain account?
Cryptocurrency, as well as purchases with Visa/Mastercard or bank transfer (for European countries).
How to withdraw money from Stormgain?
1. In cryptocurrency to an external cryptocurrency wallet. Section “Wallets” -> desired cryptocurrency -> “Send”. 2. To European countries – via SEPA transfer.
What is cloud mining on Stormgain?
A passive income tool that pays users small amounts of bitcoins.
How to withdraw money from Stormgain in fiat currency?
You can use exchanges. Select a suitable cryptocurrency exchange, payment direction and provide details. Pay for the application by transferring cryptocurrency from the exchange to the address specified by the exchange.
Can I download Stormgain to my phone?
Yes, there are apps for Android and iOS.
What are Stormgain's reviews?
There are many negative reviews about the system related to the harsh trading conditions and high leverage, which makes it more suitable for professionals than beginners. There are also positive reviews about the ease of trading and good technical support.
Conclusion
StormGain is a young but quite promising project. A cryptocurrency exchange with good functionality, the ability to top up your account with a card, and many other features. Of interest is the function of generating passive income from the money stored on the balance.
The exchange has influential partners and publications in renowned online publications, as well as all the necessary licenses to operate.