crypto exchange platform: A crypto exchange is really a service that allows transactions with digital assets: buy, sell, and swap. Trustworthy crypto exchange platform provides a much wider selection of functions:
- spot trading;
- staking (passive income);
- trading with leverage;
What crypto exchange can we call “reputable”?
In searching for any good crypto exchange platform, first of all, users’ attention ought to be compensated for the daily trade volume. The greater trust the exchange deserves – the larger the trade volume. Consider the most widely used crypto exchange, Binance – its trade volume reaches $14,3 billion (by mid-April 2022). Impressive daily trade volume signifies a lot of transactions and users each day.
The 2nd factor to think about is the number of crypto assets on a platform. The larger it’s, the greater credible the exchange. For instance, WhiteBIT offers over 400 buying and selling pairs. Besides, the service enables buying crypto with fiat currencies. That’s another factor to think about when selecting a crypto platform.
The following feature of the reliable crypto exchange is its degree of safety. Popular centralized platforms like Binance, and WhiteBIT pointed out above, along with other less popular Coinbase, Huobi, OKEx, etc., offer robust to safeguard their clients’ investments. WhiteBIT stores 96% of users’ funds offline, which makes it impossible for online hackers to achieve.
The following factor to consider when choosing a dependable crypto exchange is additional means of users’ account protection for example two-factor authentication. It is vital when clients store their investments around the exchange wallets to possess different methods to safeguard their accounts from organizations. The WhiteBIT exchange, along with other trustworthy crypto exchanges, provides by doing this of protection for its clients.
WhiteBIT is regarded as the very best crypto exchange platform, based on users’ reviews. They positively discuss a handy WhiteBIT application that may be customized to some user’s liking. Also, clients note lightning-fast customer care on the Telegram chat, lower transaction charges, along with a lucrative affiliate marketing program that enables earning as much as 40% of users’ charges, introduced via a referral link.