Buying or exchanging Bitcoin or other cryptocurrencies can be scary from the start. There is successive information about tricks and individuals losing cash. While this is valid, and numerous tricks have occurred and keep on occurring, it has never been easy to put resources into and securely exchange cryptocurrencies as it is today.
The chief concern when exchanging and buying Bitcoin, or other cryptocurrencies, is wellbeing and security. Regardless of whether you expect to buy and hold long haul, need to exchange often, are keen on secrecy or protection, or essentially need convenience.
When choosing the right crypto trading platforms, there are several options to choose from and most times. It will depend on the user’s preferences, locations, among many other factors. However, no matter what tastes you may have as a crypto trader or investor, there are specific characteristics that you should look for in a crypto trading platform to have the best trading experience.
Ease Of Use
One of the things to look out for is the ease of use of the platform. Whether you are new to crypto trading or an expert, it is always better if you can easily navigate the platform, track prices, set price alerts, schedule buys, and more without any stress.
The key to maximizing your profits and hedging your risks is by diversifying your assets. There is no better way to do this than with altcoins, so you should ensure that the trading platform you pick has many altcoins listed on it so you can easily diversify. You should also ensure that the trading platform you choose is one with several altcoins to trade. However, it is essential that you do the necessary research before investing in altcoins to avoid Sham projects and losing your money.
Furthermore, a great trading platform should be something that newbies can easily find their way around without any difficulties. For that to be possible, the interface should not only be intuitive, but the platform should offer educational resources that explain everything about crypto to a new user. Hosted wallet and responsive user support are also essential in this regard.
Who You Should Keep an Eye Out For
When all these factors are considered, one crypto trading platform comes to mind: Atani. Atani is an across-the-board crypto exchanging platform that gives secure admittance to exchanging and portfolio tracking across more than 20 exchanges, together with a best-of-breed 1-click tax reporting system for free. Atani accepts that improving client experience and lessening costs are the two critical switches for driving crypto reception. Atani is on a mission to make the best crypto trading, investing, portfolio management, and tax reporting technologies affordable to all.
The platform is driven by a fundamental belief in financial inclusion and universal access to the best trading, investing, and portfolio management technologies to navigate the crypto ecosystem. The platform automatically generates audited tax reports which is a service that exchanges have been slow even to consider, let alone introduce. This service is potentially a massive timesaver for traders and investors.
One thing that users need when it comes to crypto trading is access to several crypto exchanges. Usually, this means opening several applications for different platforms, but Atani has made it simpler and more accessible. It offers access to different crypto exchanges from applications while also providing free access to features such, charge revealing, diagramming, portfolio following, and caution instruments to make exchanging more effective, less expensive and fruitful for members. With access to about 20 exchanges from one interface, trading has never been simpler and more convenient.
Another platform worth mentioning is the Coinbase trading platform which is the most commonly used cryptocurrency exchange in the United States and the first to go public with an IPO earlier this year. Coinbase is accessible in more than 40 US states and domains, offering a trading platform and custodial wallets for users to keep their assets. This means newbie users don’t need to have a separate wallet to use the platform. They already have a wallet and can start trading immediately.
However, the problem with this custodial wallet is that Coinbase has your private keys, which can be risky. It means the platform can choose to restrict your access to your wallet or even seize your assets if they consider your transactions to be dubious. It also means that hackers can get access to your wallet and steal your assets in case of an attack on the platform. Thus, it is advisable to only keep assets you are trading in the wallet and move other assets into a cold wallet or one that only you have the private keys for.
For anyone interested in crypto trading, the first step is finding the perfect platform to use. Since there are many factors to consider, finding an all-in-one trading platform is usually a challenge, but most times, it is about knowing what to look for and where to look. No matter your preferences, the right crypto trading platform is one that sufficiently meets all your needs.next