Reference Cryptocurrency Exchange for Newbies to Buy Bitcoin
2022-05-27 16:03:12
How Should I Choose a Cryptocurrency Exchange to Better Buy Bitcoin?
After the TerraUST crash in May, almost the entire cryptocurrency has been on a wild downward trend. So far, the price of Bitcoin has fallen below $30,000. Meanwhile, Ethereum is also falling sharply, hitting its current low of $1,737 on May 27. With two of the largest stable coins in cryptocurrencies falling like this, other cryptocurrencies are not far behind. Some investors are even predicting that the Bitcoin price live will continue to fall below $20,000.
Yet the falling price of cryptocurrencies may be a good investment opportunity from another perspective. European Central Bank President Christine Lagarde revealed on a show that her son has chosen to invest in cryptocurrencies despite repeated discouragement. And recently financial giant JPMorgan Chase said that bitcoin is severely undervalued by 28%, making cryptocurrencies the preferred alternative asset.
The price of Bitcoin is currently fluctuating around $28,000 and is currently trading at less than half of its all-time high of $68,721. If a newbie wants to get in on the investment when faced with such cryptocurrency market volatility, they need to choose a good cryptocurrency exchange as opposed to going to an ATM machine and making the investment purchase themselves.
A good cryptocurrency exchange needs to have the following points, they are also the parts that investors care about.
1. Lower transaction fees.
2. Convenient and simple operation process.
3. Real-time updated data information.
4. Secure and trustworthy platform, the number of users is quite a lot.
5. More tradable currencies, in addition to mainstream stable coins, there are also lots of small tokens to choose from.
These five points are just some of the things that an exchange should highlight. However, looking at the digital currency exchanges currently on the market, there are hundreds of them, varying in size from large to small. Trading in cryptocurrencies necessarily involves some financial information and requires careful consideration before you start investing.
With 9 years of trading history, the old classic international digital currency exchange Gate.io is the choice of many people. Not only is the exchange ranked in the top 10 worldwide, but the transaction fees are also low, making it relatively investor-friendly. The Gate.io exchange offers 1300+ cryptocurrencies for trading, not only the current mainstream stable coins but also many smaller tokens for investors to learn about and invest in. In addition, there are also many related financial products and investment methods such as Liquidity and Strategybot, where investors can choose their trusted investors to follow and place orders, or check the return rate of each investor in the strategy pool.
After the TerraUST crash in May, almost the entire cryptocurrency has been on a wild downward trend. So far, the price of Bitcoin has fallen below $30,000. Meanwhile, Ethereum is also falling sharply, hitting its current low of $1,737 on May 27. With two of the largest stable coins in cryptocurrencies falling like this, other cryptocurrencies are not far behind. Some investors are even predicting that the Bitcoin price live will continue to fall below $20,000.
Yet the falling price of cryptocurrencies may be a good investment opportunity from another perspective. European Central Bank President Christine Lagarde revealed on a show that her son has chosen to invest in cryptocurrencies despite repeated discouragement. And recently financial giant JPMorgan Chase said that bitcoin is severely undervalued by 28%, making cryptocurrencies the preferred alternative asset.
Recommended Exchange for Newbies to Buy Bitcoin
The price of Bitcoin is currently fluctuating around $28,000 and is currently trading at less than half of its all-time high of $68,721. If a newbie wants to get in on the investment when faced with such cryptocurrency market volatility, they need to choose a good cryptocurrency exchange as opposed to going to an ATM machine and making the investment purchase themselves.
A good cryptocurrency exchange needs to have the following points, they are also the parts that investors care about.
1. Lower transaction fees.
2. Convenient and simple operation process.
3. Real-time updated data information.
4. Secure and trustworthy platform, the number of users is quite a lot.
5. More tradable currencies, in addition to mainstream stable coins, there are also lots of small tokens to choose from.
These five points are just some of the things that an exchange should highlight. However, looking at the digital currency exchanges currently on the market, there are hundreds of them, varying in size from large to small. Trading in cryptocurrencies necessarily involves some financial information and requires careful consideration before you start investing.
With 9 years of trading history, the old classic international digital currency exchange Gate.io is the choice of many people. Not only is the exchange ranked in the top 10 worldwide, but the transaction fees are also low, making it relatively investor-friendly. The Gate.io exchange offers 1300+ cryptocurrencies for trading, not only the current mainstream stable coins but also many smaller tokens for investors to learn about and invest in. In addition, there are also many related financial products and investment methods such as Liquidity and Strategybot, where investors can choose their trusted investors to follow and place orders, or check the return rate of each investor in the strategy pool.
Popular News
