In the digital era, online money-making has witnessed a boom! The ongoing recession in the global economy has encouraged savvy investors to find alternate ways of making more money online. This has given birth to a new type of money; ‘cryptocurrency’. Like any investment cryptocurrency too involves risk and has its own mechanism to function in the market. It is only a decade old innovation in the financial world and not much awareness is there regarding its operations. Its legality is still a bone of contention making it all the way more necessary for the users to be well-informed.
Regulated cryptocurrency exchange run online to facilitate ease in the trade of assets. Read below to know about the top cryptocurrency exchanges to buy avax and their operations.
It is one of the oldest cryptocurrency exchanges in the world with a user-friendly interface. It enables quick transfer of money from your bank account or credit card on to the platform to buy popular cryptocurrencies. The transactions are free of charge through coinbase. All in all, it is licensed, regulated and cheap.
It is recent and one of the best cryptocurrency exchanges in the world. It is created to exchange crypt- to-crypto trades across a huge range of digital assets. This exchange runs its very own ‘Binance academy’ to educate users about their finance. Unfortunately, it got hacked recently putting millions of user’s data to risk.
It is a digital exchange platform with its offices operating globally. It supports a variety of cryptocurrencies and stable coins. Also provides online chat option to enable customers problem-solving. It is known for its strong analytics, good reputation, and high liquidity.
While these top cryptocurrency exchanges make an effort to ensure security, they do not guarantee it completely. Most of them have been under scrutiny in the past for weak privacy policies.
Investors should weigh the pros and cons of all this exchange to enjoy minimum risk and maximum return. The world of cryptocurrency is prone to fools and fraudsters, thus knowledge before investment stands mandatory.