StormGain was a cryptocurrency exchange platform known for its user-friendly interface and integrated services such as leveraged trading, a built-in wallet, and a cloud mining feature. It operated from 2019 until January 2025, when it officially ceased operations and migrated all user accounts and services to YouHodler.
This review provides a detailed look at StormGain’s features, fee structure, security measures, and overall user experience based on its operational history.
Overview of StormGain
StormGain was designed to serve both beginner and experienced traders. Its platform featured an intuitive layout, making it easy for users to navigate and execute trades. Among its notable offerings were leverage trading, a multi-cryptocurrency wallet, and a loyalty program that offered benefits such as reduced fees and bonuses.
The exchange supported over 78 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). Despite its strengths, StormGain had some limitations, including a narrower selection of altcoins compared to larger exchanges and higher withdrawal fees for certain cryptocurrencies.
Key Features and Services
Supported Cryptocurrencies
StormGain offered trading for a variety of digital assets. Some of the most widely traded cryptocurrencies on the platform included:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- Binance Coin (BNB)
- Solana (SOL)
- Ripple (XRP)
- Cardano (ADA)
- Polkadot (DOT)
The platform supported over 78 cryptocurrencies in total, covering many of the top assets by market capitalization.
Trading Tools and Experience
The trading interface included real-time charts, multiple time frames, technical indicators, and trading signals. These tools were designed to help users make informed decisions. The platform also offered a built-in crypto wallet, allowing users to store and manage their digital assets without leaving the exchange.
One unique feature was the cloud mining service, which allowed users to earn cryptocurrency rewards without specialized hardware.
Loyalty Program
StormGain’s loyalty program rewarded active users with benefits such as deposit bonuses, reduced trading commissions, and other perks. Loyalty tiers were based on trading volume and activity, encouraging users to engage more deeply with the platform.
Fee Structure
StormGain employed a transparent, commission-based fee model. Here’s a breakdown of its fees:
| Fee Type | Amount |
|---|---|
| Trading Fee | 0.095% - 0.25% |
| Deposit Fee (Card) | 3.5% - 4% |
| Bitcoin Withdrawal Fee | 0.001 BTC |
It’s worth noting that StormGain’s withdrawal fees for Bitcoin were significantly higher than the industry average. Users were advised to consider these costs, especially for frequent withdrawals.
Security Measures
StormGain implemented several security protocols to protect user funds. These included cold storage for digital assets, two-factor authentication (2FA), and compliance with international regulatory standards. The platform also performed regular security audits to identify and address vulnerabilities.
Customer Support
StormGain provided customer support through multiple channels, including:
- Live chat
- Email support
- Help center articles
- Social media platforms
While support was accessible, some users reported delays during periods of high demand. The platform also offered educational resources to help traders improve their knowledge and skills.
How to Sign Up and Start Trading
Creating an account on StormGain was straightforward:
- Registration: Visit the platform’s website and complete the sign-up form with an email address and password.
- Verification: Confirm your email address and complete any required identity verification steps.
- Deposit Funds: Add funds using supported methods like bank transfer, credit/debit card, or cryptocurrency.
- Begin Trading: Use the platform’s tools to analyze the market and execute trades.
Supported Deposit Methods
- Bank Transfer
- Credit and Debit Cards
- Cryptocurrency
- Third-Party Processors (e.g., Simplex, Koinal)
Alternatives to StormGain
For those considering other platforms, here are three widely-used alternatives:
- Binance: Offers a vast selection of cryptocurrencies, advanced trading tools, and competitive fees.
- Kraken: Known for its strong security measures and support for multiple fiat currencies.
- OKX: Provides a robust trading ecosystem with a wide range of digital assets and innovative features.
👉 Compare cryptocurrency platforms
Final Thoughts
StormGain was a versatile platform that appealed to traders looking for an all-in-one solution with trading, wallet, and mining features. While it had certain drawbacks, such as higher fees and limited currency support, its user-friendly design and unique offerings made it a popular choice during its operational years.
Frequently Asked Questions
What happened to StormGain?
In January 2025, StormGain ceased operations and migrated all user accounts and balances to YouHodler. Existing users must now access their funds through YouHodler.
Could users mine cryptocurrency on StormGain?
Yes, StormGain offered a cloud mining service that allowed users to earn crypto rewards. This feature was available without the need for specialized hardware.
Were withdrawals available on StormGain?
Yes, users could withdraw funds, but the process was subject to platform-specific conditions such as minimum withdrawal amounts and verification steps.
Was StormGain suitable for beginners?
Yes, the platform was designed with a user-friendly interface, making it accessible for those new to cryptocurrency trading.
What were the costs for using StormGain?
Fees included trading commissions (0.095% - 0.25%), deposit fees for card payments (3.5% - 4%), and cryptocurrency withdrawal fees, which were above industry averages for some assets.
Is StormGain still operational?
No, StormGain officially shut down in January 2025. All services and user accounts were transitioned to YouHodler.