Crypto assets have become one of the most promising investments and trading options. Due to strong fluctuations and frequent price changes, this market is attracting more and more new users who want to buy crypto and generate income from it. Where do people buy, sell, and trade digital assets? Is there any tool that allows generating income using crypto? – The answer is a crypto trading platform. There are many of them in the market. Let’s first talk about why people buy digital assets and then discuss the best platform for trading crypto.
Reasons why to Buy Crypto
Here are some options for using digital coins:
- When an emerging project holds a token sale, you can become one of the first investors. You can be one of the first to buy cryptocurrencies at low prices, with a better chance of making a fortune when the project develops and receives wide adoption.
- You can use cryptocurrencies to make payments on the Internet and to make quick transactions in the real world (goods and services) without intermediaries.
- Buy and hold coins for months or years.
- Trade and generate income daily.
The Best Place to Buy Crypto, Sell, and Trade
Experienced traders and investors often buy digital assets on centralized (CEX) and decentralized (DEX) cryptocurrency exchanges. CEX ensure the safety of clients’ funds and allow for fast transactions. Users’ investments are stored on the exchange’s servers and are protected from hacker attacks. The responsibility for the user’s funds is therefore shared between the user and the platform.
Centralized exchanges, such as WhiteBIT, Coinbase and Binance, offer a wide range of trading instruments, such as spot, futures, margin and P2P, which traders can use efficiently.
Decentralized platforms are more suitable for experienced traders due to their slightly more complex interfaces; DEX offers a limited number of trading instruments compared to CEX. In addition, decentralized services do not store users’ funds on their servers. Funds are transferred between users’ wallets. In this case, the cryptocurrency platform is not responsible for securing clients’ funds.
Take a look at the WhiteBIT crypto exchange. It is an officially operating service with robust protection against hacker attacks. It offers all possible trading tools and over 400 pairs for trading, as well as support pairs with fiat. Over 2 million users think WhiteBIT is the best platform for trading crypto.