Anybody who is interested to learn about crypto has participate in certain type of trading. Since it gets huge mainstream attention, the newer players are keen to enter this market and get the slice of crypto pie, but before that they need to learn how to make money with bitcoin. Thus, to help such people enter the exciting market, we’ve created the “Cryptocurrency Trading Guide.” In today’s guide, we will take you through various steps to become the crypto-trader.
How To Trade Crypto: Fiat and Crypto Trading
You have got some money, which you wish to invest? Right. How will you start with it? Portals that connect the world to crypto-worlds are known as “exchanges.” There’re many exchanges out there, but, before you select to invest in one, there’re a few things that you have to look for. Let us call it as “Exchange Checklist.”
1) Validity: Before doing anything, first ensure that exchange is accessible at your area. For example, Coinbase, the biggest exchanges, isn’t available in some countries. Thus, before you start doing anything check this.
2) Reputation: Then you have to check is reputation of an exchange. Are users happy with the services? Is it hacked recently and how safe is it? Have any people complained about the service or other thingsit?
3) Exchange Rates: Next to look is exchange rates. Various exchanges have got their exchange rates that might vary. Do your research here and exchanges and the rates.
4) Safety: Always select exchanges that require some type of the ID verification. Although they might take a little time, they’re easily 100 times secure than the anonymous exchanges. At an end of a day, it’s your money. You should take the extra step for keeping it safe.
You need to do your research & select the exchange, and make sure you choose the best trading course out there.