Astro Holdings Review – Five Strengths That Distinguish It From its Peers
If you are looking for a perfect combination of volatility and enormous growth potential, few asset classes can match what cryptocurrencies have to offer. Despite being one of the youngest investment assets to come within reach of institutional and retail investors, cryptocurrencies have seen amazing traction and the overall market size (market capitalization of all cryptocurrencies) reached $3 trillion at its best (Nov 2021). The volatility that makes it an unusual choice for long-term investors is what makes it ideal for traders. And just as important as the decision to choose the right cryptocurrency to trade is the decision to choose the right trading platform, and Astro Holdings is a fantastic choice for several reasons.
5 Reasons Why Astro Holdings Should Be Your First Choice
It’s important to note that most crypto traders have their preferences and styles, and based on their investment needs, each crypto trader might have their own favorite. Astro Holdings is not the definitively best choice for all traders, but it is an amazing choice for most traders. The reasons include both the inherent features of a crypto platform and its track record so far.
1. A Rapidly Expanding User Base
Before you trust a platform like Astro Holdings with your investment capital, you might consider looking into how many others have trusted it with their trading needs. Despite only being operational for just a few years, the platform has expanded its user base quite rapidly, and even though the number of users doesn’t make it comparable to the giants, the pace of its growth, despite its limitations, endorses its value as a powerful crypto trading tool. Its user base is one thing you may consider keeping an eye on if you are planning to postpone your decision of crypto trading with this platform until you are surer about this product. The count is updated regularly on the website, and you can also track it in Google Play or Apple Store.
2. An Enviable Track Record
Thanks to the digital nature of the underlying assets and inherent vulnerabilities in the crypto trading model (regardless of the platform you work with), “hacks” are quite common. Sometimes they directly target the platform’s functionality, and other times, crypto assets are the target, which leaves the funds of traders vulnerable. Many widely used crypto brokers have this blemish on their record, but not Astro Holdings.
3. The Cost of Investing
Even the lowest cost crypto platforms are not immune to the “spread” fee, and Astro Holdings is no exception. However, outside of what it earns from the spread, the fees are quite reasonable and competitive. More importantly, they are justified for the features, performance, resources, and the range Astro Holdings offers to its investors. The fee structure may be slightly confusing for the users at first, but the platform is nothing if not transparent. It lays out every piece of your transaction (whether you are buying, selling, converting, etc.) that it takes in terms of fees, and it’s usually a stable and predictable amount that you can usually account for.
4. Air-Tight Security
Since Astro Holdings keeps the bulk of its crypto assets in cold storage, they are literally air-gapped, i.e., no access to the internet. That’s the top-tier security for digital assets. And even when you want to access your funds, you have to go through several tried and tested security features like complicated passwords and multi-factor authentication from the user end. At the exchange end, they have adopted top-of-the-line encryption and firewalls to keep your assets secure.
5. Collection of Features Inherent To A Good Crypto Broker
For the other, more specific reasons, the Astro Holdings also comes with some of the first features most crypto traders look for when choosing a platform. That includes:
- A decent range of crypto assets. Astro Holdings doesn’t offer the full range of thousands of cryptos, but you will find some of the most liquid and sought-after assets, ideal for trading.
- Amazing educational resources that can help both beginner and seasoned traders.
- A collection of tools (like screeners, alarms, watchlists, etc.) is necessary for a comprehensive trading approach.
- An easy to comprehend, customizable interface.
A tool is only as good as its user, but the wrong tool cannot yield good results even in the hands of a master. Astro Holdings is a great tool and to maximize your success potential with this, you need to refine your trading approach. Luckily, it comes with plenty of resources to help you in this area.
If you have made up your mind regarding Astro Holdings, sign up today and start leveraging the power of cryptocurrency for your financial goals.