Cryptocurrencies are digital assets that have the same application as fiat money but not as widespread yet. The most often use case for crypto assets is trading. Since digital coin prices are wholly volatile, it opens many earning opportunities to purchase and sell crypto coins at different prices, thus generating income.
To trade in crypto efficiently, different strategies are used. A trader picks one method and adheres to it in his trading activity. That can be long-term investments or trades within one day, depending on the strategy a trader picks.
Where to trade coins? Let’s discuss this question.
What are the Methods to Exchange Crypto?
You can use centralized or decentralized crypto platforms to exchange digital assets and make a profit. We recommend starting with centralized services for they are easier to use and provide the full range of necessary options and features for profitable trading.
For efficient trading, it is necessary to have a reliable platform that gives a user a full range of instruments:
- crypto trade calculator that counts the price of transactions based on the current crypto prices;
- a variety of crypto pairs supported;
- speedy and cheap transactions;
- quality customer support;
- the opportunity to buy cryptocurrency with fiat and convert it back to fiat;
- high level of funds safety and protection against hacker attacks;
- trading bots.
The Largest CEX in Europe
WhiteBIT is a young but credible crypto platform that supports over 400 pairs to trade in crypto. It has robust security and holds 96% of users’ funds offline. Every client sets up a two-factor authentication that protects accounts from third parties.
The platform charges a minimum fee of 0.10%. You can use your bank card to purchase digital coins and, in the same way, convert crypto to fiat and move them to your card. WhiteBIT’s customer support works 24/7. The service provides different trading tools such as futures, margin, etc., as well as a passive income option – crypto lending.
For more information about this platform, visit its official website and blog.
You can also check out crypto brokers for more information as well.
