How to trade cryptocurrency?
Fiat to Crypto Trading
You have some money that you want to invest are as follows:-
The portals which connect our world to the Crypto-worlds are called “exchanges.”
There are a lot of exchanges out there, however, before you choose to invest in one, there are certain things you need to look out for.
Let’s call this the “Exchange Checklist.”
Before you even do anything, first make sure that the exchange is available in your area. Eg. Coinbase,
one of the largest exchanges, is not available in India and Indonesia.
Need to check is the reputation of the exchange Has it been hacked recently?
How secure is it?
Have people complained about it?
Up next we have the exchange rates. Different exchanges have their own exchange rates which may vary. Do your homework here and research 3 or 4 exchanges and their rates.
Please always choose exchanges which need some sort of ID verification from you.
Even though they may take time, they are easily 100 times more safe and
secure than anonymous exchanges.
At the end of the day, it is your hard earned money.
You must take that extra step to keep it secure.