Cryptocurrency Exchange Platform

5 on August 30, 2019

If you’re new to the cryptocurrency market, your first step would be to find a fiat-based cryptocurrency exchange that allows you to deposit your local money. Due to strict regulations, all fiat-accepting exchanges require you to verify your account before depositing your funds. You must complete the ‘Know-Your-Customer’ (KYC) process by submitting your identity proof and any other personal information.

On the other hand, a professional trader seeks cryptocurrency exchanges which offer advanced trading tools, high trading limits and chart analysis. Hence, the expectation varies depending on the nature of the trader. Certain features are sought after by both novice as well as professional traders. Cryptocurrency exchanges that offer the following are highly desirable:

  • Low trading fees
  • High security
  • Good customer support
  • Multiple payment options
  • Unlimited deposit/withdrawal
  • Support a large availability of cryptocurrencies & trading pairs

Gobitage is the best instant cryptocurrency exchange platform with the best exchange rates for cryptocurrencies. Its one of the best digital currency exchange platform where you can start your earning through buying and selling of cryptocurrency.

 
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0 on August 30, 2019

Cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account.

Types of exchanges-

Trading Platforms – These are websites that connect buyers and sellers and take a fee from each transaction.

Direct Trading – These platforms offer direct person to person trading where individuals from different countries can exchange currency. Direct trading exchanges don’t have a fixed market price, instead, each seller sets their own exchange rate.

Brokers – These are websites that anyone can visit to buy cryptocurrencies at a price set by the broker. Cryptocurrency brokers are similar to foreign exchange dealers.

Also, Try the Most Secure Cryptocurrency In the market.

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