The market of digital assets is an attractive place for investment due to the high volatility of digital coins. On the other hand, it adds risks and losses. There is no trader who would succeed every time one opens the position – every successful investor goes through mistakes, and even experienced traders often bear losses. It is all about understanding the market trends and the ability to predict its next movement based on past fluctuations.
Another important component of successful investment is picking a secure and versatile crypto exchange website. When choosing a cryptocurrency exchange, there are several critical criteria to take into account. The first is security, including measures such as two-factor authentication and cold way to store funds. It’s also important to consider the exchange’s reputation and track record, including its history of successfully processing transactions and resolving any issues or disputes. Additionally, traders should check out the exchange’s commissions and pricing structure, as well as its convenience of interface and support options. Ultimately, the pick crypto platform depends on your specific requirements and goals.
Over 500 crypto platforms operate on the Internet. Today we would like to talk about the most prominent and reliable ones.
We offer a crypto exchange list to consider:
- Kraken
- Binance
- Coinbase
- WhiteBIT.
Kraken
It is a perfect place for advanced traders who enjoy low commissions (0.0% to 0.26%). The service is also convenient for novice traders who want to purchase and hold crypto assets long-term. The platform supports fiat-crypto pairs and quality customer support. There are over 120 cryptos traded.
Coinbase
This is a website with an easy-to-handle interface suitable for novice users. There is also an advanced version of Coinbase for experienced users that need complex tools. The commission charged is 1%. There are over 150 digital coins and fiat-crypto trading support.
WhiteBIT
The largest cryptocurrency exchange in the European market, with over 250 traded pairs and the lowest commissions – 0,1%. The platform is presented in two versions – for novice and experienced traders, having advanced and basic trading tools. The platform stores users’ funds offline and complies with all the requirements in this sector.
In addition, WhiteBIT has a blog that publishes interesting articles and manuals on crypto investments and analyzes the market with new projects. This blog will be interesting to read for beginner and advanced traders.
This is not financial advice.