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Author Topic: Best platform for crypto exchange  (Read 213 times)
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March 23, 2023, 06:27:16 AM
 #21

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!
You want to start investing in crypto and using crypto on daily basis, correct?

Are there any outlets in your country accepting crypto? You need hot wallet to spend crypto conveniently on daily basis, like trust wallet or metamask, this is what hot wallets are built for, but I doubt anyone can use crypto as means of payment on daily basis this days because crypto is still not widely accepted as means of payment.

If you don't care about your identity and privacy then register an account on the Binance exchange and deposit Fiat to buy crypto or use Binance Peer 2 Peer service, where they will pair you will someone who is ready to take your Fiat and give you USDT or BUSD in return.

If this sound confusing for you, search a video on Youtube about how to create an account on Binance exchange, you can also find how to trade Fiat for USDT using Binance Peer 2 Peer service.

If the coins or tokens you want to buy is not available on the Binance exchange you will need to withdraw the USDT you get from Fiat trade to another exchange.

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March 23, 2023, 11:45:02 AM
 #22

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!

Congratulations you are interested in investing in Bitcoin. First you need to understand about cryptocurrency . There are many types of wallets, exchangers. You need to know and understand about this. What did you mean? I did not understand well. Do you want to invest long term? If yes then you should not use any kind of exchanger. You can use Electrum Wallet. Here you can safely invest a lot.

And if you want to trade daily, then many brothers above have mentioned many exchanges such as Binance, Ku Coin, etc. You can use them if you want.
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March 24, 2023, 07:59:45 AM
 #23

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!
If you are interested in investing then you need to choose some good coins. And you need to know well about cryptocurrency. If you invest without any idea about cryptocurrency then you have big risk of losing money. You can get profit by investing here in two ways.  .If you invest for a short period of time and sell another one, you can invest for a long period of time and get profit. I think you should invest after that.


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March 24, 2023, 09:56:23 AM
 #24

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!

Exchanges are very difficult to vouch for, picking the best is subjective. However, there is a single rule that protects everyone which is never live your coin on any exchange, this sound not like a serious warning but it is one the best free pieces of advice you will ever receive as a recommendation from anyone, it is one of the underrated dangers of a centralized exchange, move your coins to your external wallet as soon your order becomes settle. The number two piece of advice I will give you is to avoid KYC, it will come back to hunt you because you are putting your privacy and information at stake, some people have been identified with bitcoin transactions and this is as a result of KYC they did in an exchange, so think abou the precuations you use any of them.

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March 24, 2023, 11:56:17 AM
 #25

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start?
If you didn't start yet then I would like to welcome you. And I think if you are much aware about security then you should use decentralized exchanges to buy and hold your cryptos in a safe wallet which may be electrum wallet. You can also invest from Binance or any centralized exchanges but always remember this is not fully secured because not your keys not your coins.
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March 24, 2023, 12:59:26 PM
 #26

You can start here https://coinmarketcap.com/rankings/exchanges/   by checking the the top exchange on the list.

Then you can see the top coins and their charts here https://coinmarketcap.com/

Also you can use tradingview for charts. This you can start do your research which is so helpful on your trading career.


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March 24, 2023, 01:02:29 PM
 #27

You can't use Crypto every day even if you want to.But you can trade daily if you want.
First you need to centralize exchange to trade.Where you can buy any type of coin, trade and invest as you wish.
Binance is a very good exchange to invest in.I often invest in this excise through various coins.
Wrong information, anyone can use crypto everyday if they want, using your crypto to do day trading means they are already in use, a day trader uses his or her coin to day trade on any exchange they like, it's in work, to earn more money.

Trading is now possible outside of centralized exchanges, now decentralized exchanges are capable of trading, you can create orders and wait for your order to go through just like what we do on centralized exchanges.

The difference here is one requires for your identity card and the other doesn't. The choice is up to the OP.
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March 24, 2023, 07:20:49 PM
 #28

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!
If you really want to start using crypto everyday , then you should probably get your self some crypto after doing that you should also have some platform which gives users crypto card, exchanges like Binance which you can use the card to spend on your daily purchase, that's if that's what you mean is to be using it for your daily life expenses.

If not you should just look for a solid source withing your locality and grab some crypto which you could save and keep on filing the bag, why doing so always mind the kind of crypto you purchase.

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March 24, 2023, 08:29:25 PM
 #29

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!
I'm not sure how well prepared you are for the investment you're about to embark on, but I recommend you learn and understand the fundamentals of Bitcoin as well as key concepts and addresses so that you have everything you need to keep your Bitcoin in your wallets.

You can go through
learnmeabitcoin.com
to get all the basic knowledge you need as a beginner in order to have a safe investment.

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March 24, 2023, 09:07:28 PM
 #30

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!
I'm not sure how well prepared you are for the investment you're about to embark on, but I recommend you learn and understand the fundamentals of Bitcoin as well as key concepts and addresses so that you have everything you need to keep your Bitcoin in your wallets.

You can go through
learnmeabitcoin.com
to get all the basic knowledge you need as a beginner in order to have a safe investment.

that is a good suggestion. more beginners only know the exchange, and they mostly leave their assets there. do not make withdrawals after purchasing their wallet. leave for months or even years. if they choose the wrong exchange platform, they may return to a platform that has closed or gone bankrupt.
whatever happens, if you want to plan an investment. they must start with sufficient knowledge.

OP, enough suggestions already, I hope you get the point and start planning accordingly. I wish you success.

.
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March 25, 2023, 10:11:13 PM
 #31

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!

It depends on which country you are at times, some countries make it difficult for thier citizens to use crypto. But I would advice you to invest the money you can afford to invest for longterm purpose because generally, crypto is still very early and there is still a lot of improvements and corrections to come.
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March 27, 2023, 06:00:30 AM
 #32

Hello friends, I really wanna start investing and using crypto on daily basis Please let me know what are the best ways to do it? Where should I start? Thanks a lot in advance!

It depends on which country you are at times, some countries make it difficult for thier citizens to use crypto. But I would advice you to invest the money you can afford to invest for longterm purpose because generally, crypto is still very early and there is still a lot of improvements and corrections to come.
Though it's true that one needs to consider the fact that whether crypto trading has any laws and regulations within their country or not and whether they are allowed to indulge in crypto trading as per the laws and regulations or not, I believe he must have already been through that phase and that is why he is here asking about how he can get started with it.

The best option is probably using a centralized exchange by having their identity verified for initial purchases. One can easily use Binance to make their purchases and then save their coins or tokens in a hardware wallet if they are willing to hold them for the long term.

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█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
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▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
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