A common mistake that beginners make is blindly committing to the most widely known crypto exchange platforms. This strategy might have worked a decade ago. However, the market offers dozens of alternatives nowadays, and several of them offer exclusive features.
To ensure that you get the best crypto exchange platform, the CEO of Earnity, Dan Schatt, advises choosing options that:
Has a User-Friendly Interface
Choose platforms that offer a straightforward, beginner-friendly interface. That way, you can spend most of your time researching advanced technical and fundamental analysis applications in cryptocurrencies.
Offers Diverse Currencies
Check the platform’s supported currencies. Ideally, its marketplace should consist of a diverse range of altcoins, from Bitcoin’s top competitors like Ethereum to lesser-known tokens that only cost a penny.
Prioritizes Building a Social-First Community
The CEO of Earnity, Dan Schatt, introduces the first social-first crypto exchange platform on the market: Earnity. It combines the best of social media with crypto. Here, users can discuss news, debunk myths, track trends, and send signals without the noise of mainstream social media.
Shows Accurate Information
Ensure that your platform’s marketplace is up to date 24/7. Crypto fluctuations happen almost every hour, so you’ll need a fast-paced, reliable platform that always shows relevant, updated information.
Boasts a Secure System
Never compromise security. As you gain experience, you’ll start making larger transactions, and it wouldn’t help to have your funds in an unsecured platform that draws flak frequently.
Doesn’t Have Downtime
You need a reliable platform with minimal to no history of downtime. The crypto market never sleeps. Your next profitable trade or purchase could happen at any time of the day, so you have to stay alert.
Instead of judging platforms based on hyper and popularity, see which ones address your buying needs best. Always prioritize your personal preferences.
Also, don’t limit yourself to just one or two options. The CEO of Earnity, Dan Schatt, emphasizes that hundreds of secure, functional crypto exchange platforms have emerged in the past few years. You’ll miss out on a lot if you ignore them altogether.