INSUBCONTINENT EXCLUSIVE:
A cryptocurrency exchange is a platform that enables you to buy or sell all types of cryptocurrencies.Cryptocurrency has become an
increasingly popular investment asset for investors
Despite its volatility, investors appear keen to jump on the crypto bandwagon
The reason for this is its good returns
The most popular cryptocurrency is Bitcoin, followed by Ethereum, Dogecoin, and others
Investing in cryptocurrency can be a complex and tedious process with several mathematical algorithms and technology to delve into
For beginners, the easiest way to join the trade is through crypto exchanges
This process is a convenient and simple way to begin the investment journey.A cryptocurrency exchange is a platform that enables you to buy
or sell all types of cryptocurrencies
Unlike the stock market, the cryptocurrency market operates 24/7 and is self-regulated
Here are a few tips to start crypto trading:1) Picking A Crypto ExchangeThe first step is to choose a suitable trading platform to open an
In India, there are a number of platforms like BuyUCoin, CoinSwitch Kuber, WazirX etc.2) Uploading Documents And KYCLike any regular bank
account, cryptocurrency exchange accounts also require documents like address proof, identity proof, PAN card etc
This will ensure your account is legitimate and will protect you from any fraud
Along with your personal information, you will also have to provide payment options
The specified payment option will be used for all your trading activities related to withdrawals and deposits.3) Trade OrdersUsually, you
won't be able to begin trade soon after depositing money and uploading documents
The exchange takes some time to verify your credentials
It notifies users after the process is complete
Since the crypto market is open 24/7, you can trade any time you please
You can either store the cryptocurrency you have bought in a digital wallet or choose to withdraw it as money.4) Begin With Small
Increase your investment once you have familiarised yourself with the market.5) Pick One CryptoInitially, approach the market with caution
and buy the coin you feel most sure about
Stick to your decision and monitor your progress before expanding your portfolio.
