So, if you have got some money to invest, then you must be thinking of ways to do. The sites which connect you to the crypto-world are known as exchanges. You have a number of exchanges available online, but before you go forward to invest in one, there are a few things you should look out for. Below here is an exchange checklist:
- Validity: Before starting with anything, just find out if the exchange works in your area or not. There are some exchanges which don’t work in particular countries. So, please check this before doing anything else.
- Reputation: The next thing is to check the repute of the exchange. Find out if people are happy with its services? Is it safe? Has any scam or fraudulent taken place before? Have people complained about it before?
- Exchange rates: Another thing to keep in mind is the exchange rates. Different exchanges offer their own exchange rates. So, do proper research and compare the exchange rates of 3 or 4 exchanges and pick the one which is best.
- Security: Always select an exchange that asks for some ID verification. Though it may be time-consuming but it is 100 times safer and securer than the anonymous ones.
It is very important to do proper research before you finalize an exchange for your trading. A lot of trading exchanges offer fiat to crypto trading while some also offer crypto to crypto trading. Take a look at how to begin trading:
Sign up and create an account first
Well, first things first. You should sign up to create an account. The procedure is very simple. Once you have signed up, you can create your account.
Once you have created your account, you can click on the deposit tab and start making your deposit. There are several ways to add money. You can choose. Every method has its own set of pros and cons.
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No matter you are interested in short term trading or long term trading, you can choose Global CTB for all. It offers low fees, security of your identity, accessible platform and easy to navigate website. You will love to do transactions on this site because of its user friendly interface. So, the next time you want to go for crypto trading via fiat money, then sign up here. It offers you the top currencies to trade in Crypto. It has all the digital currencies enlisted on its platform, so whatever your choice is, you can start easily.