Despite claims made by quatum ai that it is regulated by the FCA (Financial Conduct Authority), it is not. It is an unregulated trading app that has no protections for investors. It is therefore best to exercise caution and do your research before investing in this platform.
Using quatum ai is relatively simple. Once you’ve created an account, you can deposit your cryptocurrencies or fiat currency into it and then start trading. The app will automatically search the crypto market for trading opportunities that meet your criteria. This is done by using an algorithm to identify price movements that can be exploited for profits. Once it finds a cryptocurrency that is about to hit bottom, the system will buy it; if a cryptocurrency hits its peak, it will sell it.
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A demo trading account is available for those who are unsure of what they’re getting themselves into. This feature allows users to test the app and practice before they invest any real money. However, to use the demo, a minimum deposit of $250 is required during the registration process.
Security is one of the main concerns when it comes to investing in unregulated platforms like this. Quantum AI Canada does offer a number of features that improve security. These include SSL encryption and two-factor authentication. Additionally, it offers cold storage, which keeps your assets off the internet and less vulnerable to hacking attacks. In addition, the company has a customer support team that is available 24/7 to assist you.