Applications you can use in starting crypto trading
Introduction
Seasons greeting to everyone, hope we are doing well on this beautiful day.
Today on my blog I would be discussing 5 popular application in which we can use to trade crypto.
Crypto is becoming more prominent in the finance world, it came to my knowledge that many individuals are really eager to trade crypto but they do not know how to do so.
Back story
In 2013 I came across a video on YouTube where a guy was advising we should buy even if it's $1 of btc and hold and in the next 10 years we would b millionaire.
Seeing this I was veryy excited and eager to start my journey as a millionaire, I had gotten my $1 ready but there was a problem I couldn't find any link as to how I should go about buying btc.
Within a few minutes of searching I had lost all interest of becoming a millionaire.
I eventually spent the money on some abstract goods which today I cannot remember.
Today many people are aware of crypto and want to invest in cryptocurrency but they are unaware as to how they can do so, and within a few minutes they loose interest and the world is down one millionaire.
Five applications used to trade crypto
The aim of my post today is to enlighten all those who wish to start thier journey in crypto but for some reasons or the other don't know where to start from or what application to use.
Number 5
In 2019 6 years after I first heard of crypto while on play store I stubbled upon this application, and thus began my journey into crypto universe.
Luno has to be the easiest trading application one can use this is so because it has few crypto pairs which is very good for individuals as they don't get overwhelmed by the share multitude of crypto currencies that exist.
Luno is centralization exchange which support the buying and selling of only major crypor currencies such as btc, eth, xrp and ltc.
By doing this they are able to keep thiwr network safe and protect the interest bod thuer users as most many crypto currencies are too volatile.
My personal recommendation for anyone who wishes to start crypto is to use luno first..
Number 4
I recently came to discover this exchange platform, from my research I found out that this exchange platform is used by alot of Nigerians and steemians to withdraw thier earning.
If you wish to start trading crypto in Nigeria this is a very good application to use as it supports p2p function which helps individuals to buy and sell crypto tokens.
It's also note worthy that roqqu has a very active customer care.
Recently a friend of mind had an issue of miss token.
This issue was quickly resolved by the customer care as they kept him in the loop till the process was resolved.
Number 3
When you talk about an exchange that offers attractive rewards to thiwr customers you are sure to mention huobi.
Hubo pro is ranked number 1 exchange in terms of liquidity
It was established in 2013 and presently trades above 100 crypor tokens.
Now my only problem with houbi is that the platform often times confuses.
Like all others on the list huobi pro is a centralized exchange and you are required to present some sort of identification when opening and account.
Number 2
For those interested in trading crypto in the united states of america you might not be able to use crypto applications such as luno or binance due to restrictions.
Coin base is the number 2 rank exchange platform.
This is because of it is widely used in America and other regions.
It offers individuals the opportunity to buy large amounts of tokens more so than other exchange such as luno.
Coinbase is so interested in protecting the welfare of it customers that in 2020 the removed xrp from thier application over issues which were on going between sec and xrp.
Number 1
Binance
This is the most popular crypto currency exchange, no wonder it got number 1 on the list.
Binanace being a centralized exchange individuals need to create and account with them inorder to use thier services.
Now the process of creating an account with binance is very easy takes only but minutes.
This is because with binance they are various documents you can use to identify your self so do not worry about not having any identification.
Binance is recognized in 140 countries so no matter the country you find your self in, you can buy and sell crypto currencies on the go.
conclusion
With this i hope everyone who wishes to get involved in crypto trading would find it easy thereby having the opportunity which I never had in my chance.
I truely believe that in the next 10 years the world would be a very different place we would see alot of young millionaires.
Presently they are so many people who have retired from investing as little as $1 in btc 10 years ago.
10% goes in support of Tron fan club
Twitter link https://twitter.com/his_fada/status/1518466423600951299?t=sfBlr5_0yxryA0JEY5A5dQ&s=19
Has shared with us a very important tutorial for crypto traders. I personally use binance.
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Thank you @shemul21.
Welcome 😊
Thanks for sharing with us dear.
Change the spelling mistake in title. Its showing cry.
Oh thank you
Crypto trading is becoming more and more rampant and aside leaning the basics of trading such as price action and candlesticks, it is also essential to know the various application required for trading.
Thank you for sharing.
Yess it is essential for individuals to know about various application