Wallets World Crypto Exchange Review 2020

About

Wallets World is one of the most wanted crypto exchange companies in the “Land down under”. It allows all the Australian clients to trade safely and efficiently with the most popular cryptocurrencies such as Bitcoin and Ethereum, as well as learn a bit more about this thriving trading industry. Crypto exchange was initially a sector that endured a lot of controversies. But thanks to the trustworthy brokers like Wallets World, the reputation and the image are changing into something more permanent and reliable.

Wallets World values safety and security above all else. This is why the Australian market is particularly strict and hard to satisfy. Not many brands today are able to complete such a difficult task of creating a safe but exciting environment for trading cryptocurrencies. In this Wallets World review, we will show you how to detect a difference between the two. In other words, how to decide which broker is reliable, and which one is here just for show.

Accounts

Opening your account is the very first step you will need to take once you decide to trade with Wallets World. This is another proof of how important safety is to their team – they require detailed information from you in order to prove your identity and prevent any misuse. This requires some time and patience while the Wallets World team checks to make sure everything is accurate, but it will be worth it!

For starters, you will need to enter the e-mail address and create a password for your account. After you’ve input this, you will receive a confirmation e-mail in your inbox, which is used to verify your account. There are actually two levels of verification your account with Wallets World. While we already mentioned both of them, let’s summarize once again:

  • Level 1 – verification through your e-mail address
  • Level 2 – verification of your identity through valid documentation.

Resources

It is evident that Wallets World is dedicated to always improving and keeping up with the latest trends. That is the reason why the educational section is probably one of the most often updated ones, aside from the trading platform. The first thing that you will engage in this section is the list of handy eBooks about a variety of trading topics. From different types of analysis to basic trading terms and crypto trends, this is the section you will always find yourself coming back to.

Next, the thing that we found most useful is definitely market news and updates section. This part is filled with different pieces of news and information that can affect your trading. They include many topics, from the current political climate to economic data of each country.

Also, for first-time visitors, there are useful guides that can help you learn a bit about the company itself, but also about the platform and how to use the variety of charts and other tools to your advantage. Overall, this section is quite satisfying and detailed, which we don’t often find on crypto exchange websites.

Technology

The trading platform works pretty well without any delays. This proves that their team has put quite a lot of effort into the creation of the website. They have dedicated their attention to making the platform user-friendly and approachable, so all their clients can feel welcomed and find their way around more easily.

The platform is equally appealing and accessible on your PC and all mobile devices. This means that you can check out the latest on the platform on the go, basically from wherever you are. The information on it is also updated regularly. So, you can always be sure about the latest values of Bitcoin and Ethereum. You can also check their previous performance directly on the platform, which can be quite useful. This is a helpful way to determine trends, which can assist you in creating a suitable trading strategy.

Help

Wallets World customer support is one of the best we have ever encountered. First, they are always available through many channels, which is quite rare. Namely, they have enabled both phone and e-mail communication, as well as the live chat option and the form on their website. What more could we ask for?

Each one of these options is suitable for different types of personalities. For example, if you prefer a direct contact and a prompt solution to your issue, the phone call will be best. Their team is quite busy so it may take a few minutes for you to get on the line. But it will be worth it. On the other hand, if you wish to explain your problem in more detail, you can write it all down and send them an e-mail. It will be replied as soon as possible. The handiest option, however, is definitely the live chat option, where you can get a quick answer to your question right away.

Funding

The process of buying and selling cryptos is quite simple on the Wallets World platform. It only takes a few clicks to get you where you need to go. As we mentioned above, the platform shows you in just a few clicks what is the latest value of the cryptocurrencies. So the only decision you need to make is whether to sell or buy. Also, you can use both credit and debit cards as well as bank wire transfers. Each payment option requires a different amount of time for processing. So you should check that out with your bank as well.

Maybe the best part about this section of Wallets World is the fact that they offer an ability to cancel your withdrawal request if you change your mind. The only thing you need to do is contact their agents and ask for them to proceed with the cancellation. After this request is processed, your funds will be back on your account. So, you can proceed with trading as you were!

Verdict: Is Wallets World a Good Broker?

Wallets World is one of the best-known names in Australia for crypto trading. They have several years of experience up their sleeves, which is always a good signal. They are obviously dedicated to their clients, which is why they aim to improve their operations, as well as help their clients improve their trading skills.

It is evident that Wallets World is one of the best options if you wish to trade digital coins in Australia. The conditions are more than admirable and in your favour. Also, their team always works to make sure that you have everything you need to trade smoothly. We definitely recommend trading with this broker, since there are not a lot of them who can satisfy the tough demands of the Australian market.

Also, Wallets World can help you make individual progress in your own trading, by helping you acquire new skills. Their educational section is particularly enjoyable. We would recommend regularly checking the updates and new material there. Wallets World evidently takes a lot of time and dedication to provide you with new instruments to trade and learn new things about the crypto trading community.