Safe trusted and secure bitcoin and crypto exchanges today? CEX.io is a trusted and secure bitcoin and crypto exchange with very high ratings on Trustpilot. Quality of Customer Support: For the customers, receiving answers to their questions is always an indicator of the quality of work. Making everything possible to ensure fast processing of your inquiries, the customer support at CEX.IO works 24/7. And each member of the support team goes through carefully designed intensive training to be able to deal with any possible queries. In such a way the platform may often be identified as the most responsive among Bitcoin exchanges.
Speaking of the last few points, realize that crypto tends to be pattern based and tends to go in cycles. See “the cryptocurrency rotation” and “market cycles” for an in-depth look at what this means. You want to be in a coin before it starts its rotation, and then laddering out as its rotation ends. Likewise, in a perfect world you want to be in for the bull part of a market cycle, and out for the bear part. Near impossible to spot these trends in advance, but with experience you should be able to spot them as they occur and manage your positions accordingly.
The Availability of Trading and Payment Options: A variety of options for trading cryptocurrencies is beneficial for users. In particular, CEX.IO supports trading of around 200 crypto markets, like BTC/USD (BTC to USD), ETH/GBP, DASH/EUR, ADA/USDT, and more. Additionally, the variety of payment options, including cards like Visa and Mastercard, wire transfers (SWIFT, SEPA, AHC, FasterPayments), as well as electronic wallets (Skrill, Advcash, Epay, etc) contributes to the convenience of the service.
Online: wallets run on the cloud and are accessible from any computing device in any location. While they are more convenient to access, online wallets store your private keys online and are controlled by a third party which makes them more vulnerable to hacking attacks and theft. Mobile: wallets run on an app on your phone and are useful because they can be used anywhere including retail stores. Mobile wallets are usually much smaller and simpler than desktop wallets because of the limited space available on mobile.
CEX.IO is also regularly expanding the list of cryptocurrencies. Still, every cryptocurrency has to pass a thorough verification to be listed. Our due diligence and concerns about the quality of the service pay off. Now, we are moving forward to achieve the status of the best cryptocurrency exchange. Buy, Sell, and Trade Crypto Easily with Professional Crypto Trading Platform! Looking for a reliable online exchange might be a complicated task. Thus, trusting a platform with extensive coverage and a positive reputation among its users might save your time. Reasonable fees for takers and makers, special conditions for high-volume traders, and strong offers for market makers Start trading with CEX.io today!
Embrace volatility – Cryptocurrencies are famously volatile. The price of Bitcoin, for example, went from $3,000 down to $2,000 and then leapt up to nearly $5,000, all within three months in 2017. Whilst this means risk is high, it also means the potential for profit is great too. It’s always sensible to check the volatility of the exchange you decide to go with. Understand blockchain – You don’t need to understand the technical complexities, but a basic understanding will help you respond to news and announcements that may help you predict future price movements. It is essentially a continuously growing list of secure records (blocks). Cryptography secures the interactions and then stores them publicly. They serve as a public ledger, cutting out intermediaries such as banks.