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Is it really hard to choose a reliable Cryptocurrency Exchange?

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Is it really hard to choose a reliable Cryptocurrency Exchange?

Digital currencies are attracting the investors and brokers. Recent developments in cryptocurrency boosted its demand to a whole new level. The basic purpose of every investment is to secure your profit. Bitcoins and other digital currencies may be your life changing opportunities but wait a second; do you know how to trade in cryptocurrencies? Do you have knowledge about cryptocurrency exchanges?

We have everything covered for you. Here is the big deal; BTCPIP has been awarded as the “Best Cryptocurrency Exchange” in iblockchain summit 2018. Finding a perfect and trusted exchange for your crypto trading is not an easy task. The market is full of scams and Ponzi exchanges. When secure and faster transactions are your goal then BTCPIP can be at the top of your list. We are focused on providing a better environment for the crypto community. So, here are some major points that are shared by experts at BTCPIP regarding professional exchanges. The thing is that it is very simple to choose your next exchange if you dig a little deeper:

Fund Security

Cryptocurrency sometimes requires large deposits, you have to be sure that you are investing in a safe exchange. Is your selected exchange trusted and reliable? Make sure that they are offering foolproof funds security. BTCPIP is one of the fastest growing cryptocurrency exchanges and a sense of safe investments makes it the first choice of professionals.

The lack of research can lead you to big losses. Such information about exchange policies is available on their official websites. Take your time and know them better.

Complexity of Platform

Blockchain technologies and cryptocurrencies are confusing and complex. But it is the platform’s responsibility to make it simpler for their investors and brokers. A clean and easy to operate exchange like BTCPIP makes it equally popular among professionals and beginners. If you cannot complete your transactions with ease then what’s the point of choosing such exchanges.

Go for an exchange that has the user-friendly interface with no hidden backdoors and complexities. Our professional developers at BTCPIP provide you a smooth experience of trading.

Market Reputation

Most of the newly introduced exchange platforms are being operated by scammers and frauds. There have been many cases of frauds at newly launched platforms. Check for their reviews by other traders and users. Having an international reputation is a plus point for any exchange platform. Blockchain summit is one of the largest events in the crypto industry. BTCPIP was awarded as “Best Cryptocurrency Exchange” in iblockchain summit 2018. If you smell extraordinary profits and offers then they might be suspicious. If any platform is asking for the registration fee and other useless charges then stay alert.

A simple search on Google can reveal a lot about any exchange. Try to study the platform before making your first transaction.

Coin Variety

Bitcoin seems to be the best investment but never limit yourself to just one coin. Market is full of profitable currencies like Ether and other coins. Make sure that your selected exchange has more than one listing. More versatile trades can lead to bigger profits.

Transparency and Security

Transparent transactions and audited information are the two basic demands of every user. Audits prove that exchange platform has liquidity and your security will never be compromised.

BTCPIP is not running a fractional exchange platform but an advanced one-stop platform for all of your cryptocurrency needs.

 

 

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