How much do security features matter to you when you sign up with an online company? Do you know that the information you provide to online companies can be easily leaked if not protected through the latest cybersecurity means? This is something many new traders completely ignore when choosing an online platform for trading and regret later. To make sure you don’t make the same mistake of choosing an unsafe platform, I have put together this HubbleBIT review so you can go in the right direction.
Don’t take security lightly, especially when you are joining a platform that requires you to spend money, provide your personal and banking details. With various security features, these companies can help you keep your information and money protected in safe trading accounts. The lack of the same things thereof can lead to consequences that no trader is willing to bear.
Encryption of All Your Sensitive Data
Here’s the first thing I want to tell you about HubbleBIT. This company is all about the security of your data that you have to enter while signing up with the company. The signup process requires you to enter your personal details, which can include your ID card number along with its picture. When it comes to your banking data, you will have to provide the company with your credit/debit card number as well as the picture of any banking document that’s required to prove that you are the actual owner of the account.
With HubbleBIT, you can rest assured that all of this data will be protected through encryption. You can check that out through the HTTPS website address of the company, which means it has proper SSL security in place for all of the traders that land on its website. You never want to sign up with a company that does not have these features.
Ethical Trading with KYC and AML Policies
No matter how safe a security system is, it won’t be any good if the operators of the system are corrupt. You will be shocked to know that this does happen in any industry today. When it comes to online trading services providers, some of them might have very loose security features. They don’t have AML and KYC policies in place, allowing money launderers and identity thieves to sign up with them without any hassle. On the other hand, you have companies like HubbleBIT that implement these policies strictly on their platforms to ensure you only trade on an ethical platform.
When you sign up with a company like this, you know you will not be duped into doing something you don’t want to do. You know you will not be promised anything that is untrue. In fact, you know you are on a platform that will not be sealed some day for shady activities. You can be glad that the company I am telling you about has proper AML and KYC policies in place.
Registered Platform with Segregated Fund Storage
There are some other practices that clearly show you the conscience of an online trading platform company. Firstly, you should sign up with a registered business only, which you can easily do with HubbleBIT because it is a registered entity. In addition to that, you should never settle for a trading service providing firm that does not have segregated funds. When they don’t have segregated accounts, they keep your money in the same account as theirs. With the company in question, you won’t have to face that scenario because your money goes into safe accounts at regulated banks.
Don’t just keep running after big profits when you become a trader. Profit-making should be an aim, not a distraction. You can’t shift your focus from other important things only to make a lot of money. Play it safe, reduce your risks, and then aim for profits to make the most out of your trading career. The first step to such success is choosing a platform with great security features, like the one I just told you about.