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The Best Crypto Currency Exchange
With the many cryptocurrency exchanges in the world, it will surely confuse the many users of cryptocurrency. There is not anyways to determine, which among them, is the best to engage with. All of them have their own characteristics, rules of engagement and policy. It is best to have an idea of some of these cryptocurrency exchanges.
Top Cryptocurrency Exchange You Can Find Online
- Binance – Considered as the world’s largest cryptocurrency exchange. It has a mobile app for its users and it is one of the best in the crypto world. It has a lot of exciting features to deal with.
- By bit – This exchange is popular for exchanging a high volume of tokens.
- CoinMama – This is an old exchange, but, it has features to allow you to buy both BTC and ETH at an instant.
- Cex – It is known for its simplicity and being user friendly. But, it has a very limited feature.
- Kraken – This is based in the US and a veteran in the crypto world. It has been in the market for almost a decade now.
- CoinBase – Another US-based exchange and its operation is regulated in California.
- ChangeNow – Instantly convert all cryptocurrency to any choices you want. Great for a fast conversion.
- OKEx – Known for its reliability.
- KuCoin – This is also a very strong exchange for cryptocurrency. It also offers its own apps for their users.
- Bittrex – This cryptocurrency exchange has a lot of coins to include with.
Tips In Choosing Which Exchange To Join
- Know if your exchanges are compliant to existing laws in the area they operate – This will make sure that you will not end up as an illegal investor.
- Examine their reputation carefully – Exchange with a good reputation will work hard to protect their name.
- Make sure they practice good security protocol like Rapidz – They must use 2FA method of authentication. Remember, in cryptocurrency, once lost, it cannot be retrieved.
- Insurance – Please take note also if they have insurance for all their funds. This will make sure that your investments are protected.
- Their Flexibility of operation – This means that their exchange is capable of accepting transfers from normal currency to cryptocurrency.
These are just some of the things you must consider. By following this, you will enjoy your cryptocurrency exchanges.
Sebastian was born and raised in the busy city of Abbottabad. As a journalist, Saad Mushtaq has contributed to many online publications including the PAK Today and the Huffing Post. In regards to academics, Saad Mushtaq earned a degree in business from the Abbottabad UST, Havelian. Saad Mushtaq follows the money and covers all aspects of emerging tech here at The Hear Up.Thanks