By Paul C | 30 November 2021, 12:00 AEDT

In this review, we take a look at a cryptocurrency spread betting platform called TurboXBT. It offers a simple way to get involved in trading crypto where all users can speculate on the direction of markets and profit instantly.

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TurboXBT is basically...

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• Synthetic short-term contracts

• Up to 90% profit for a single trade

• 17 assets, 38 trading pairs 

• UP or DOWN contracts

• Contract duration differs from 30 seconds to 15 minutes depending on the chosen instrument.

The TurboXBT user interface represents sleek simplicity

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Many crypto treading platforms are hard to get your head around if you are new to trading crypto. 100's of trading pairs, multiple screens, several trade options are just a few things that would have a newbie's head spinning.

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TurboXBT's platform is about as simple as it gets...

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Once a user makes a deposit using either Bitcoin, Ethereum, USDT or USDC, there are only 2 main sections of the screen users will need to navigate.

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On the left, users can see their account statistics bar, and on the right, is the price prediction interface.

Benefits of trading with TurboXBT:

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• Up to 90% instant profits
  Depending on the chosen instrument you can earn up to 90% on a single trade.
   

• 1000$ demo account
  Clients get 1000 USD to try TurboXBT completely risk free.
   

• No fees
  There are no fees on the platforms (except for the blockchain network fees on deposits and withdrawals). If the order takes profit, the user gets 100% of it.
   

• No minimum or maximum deposit
  Lack of barriers in the deposit requirements allows traders to execute their style of trading.
   

• Privacy
  No KYC is ever required, keeping personal account information private at all times.
   

• Speed
  From the first visit to the first profit in less than 3 minutes. Orders can be placed instantly within a few clicks after logging in.
   

• Flexible trade entry point
  You can start trading at whatever time you want.
   

• Simplicity
  Clearly defined profit and risk expectations are provided prior to positions being taken, with only two order types across different time intervals.
   

• Style
  Bold, user-friendly interface is visually appealing.
   

• Stability
  Secure, reliable platform with 99.9% up-time ensures no profits are left on the table.
   

• Safety
  Bank-grade security to safeguard all user’s funds.
   

• Convenient deposit methods
  Users can deposit BTC, ETH, USDT & USDC

Commissions

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• 0% for deposits is charged by the platform (blockchain network fees depend on the network congestion)

• 0% for withdrawals (blockchain network fees depend on the network congestion)

• 0% for trades

Assets available to trade with

Users have a broad choice of assets to trade with and a total of 38 trading pairs. The available assets include:

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Cryptocurrency

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• Bitcoin

• Ethereum

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Fiat currency

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• USD

• AUD

• NZD

• CAD

• EUR

• JPY

• GBP

• SGD

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Commodities

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• Brent crude Oil

• Gold

• Silver

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Indices

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• Nasdaq

• S&P500

• GER30

How To Register

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Getting started with TurboXBT is easy. Simply register an account with your email address, create a password and you're ready to go.

Start Trading Immediately

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Once you've logged in, you can get started straight away! TurboXBT have a free demo feature which allows users to trade completely risk free to get a feel for how the platform works before making a deposit.

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Once you're ready for the real thing, deposit your choice of either BTC, ETH, USDC or USDT and you're set and you can deposit either using either the manual destination address of QR code.

Are you ready to go Turbo?​

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Overall, we're pretty impressed by what TurboXBT has to offer. It's not your traditional crypto exchange but that's not a bad thing at all. Many exchanges have a steep learning curb that new traders would find hard to navigate at first but these guys make it easy as.

They have also incorporated 2FA as an additional layer of security for those who want it (recommended) and while trading cryptocurrency comes with risk, being able to depisot as little as $1 means you aren't forced to unwillingly over expose yourself like like you would using other platforms with significantly higher minimum deposit limits.

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If you have a go, drop us a line and let us know what you think.