WHAT IS A CRYPTO EXCHANGE?
A crypto exchange is a platform where a user can buy, sell, exchange and save cryptocurrencies. You can buy cryptocurrency using fiat, for example UAH, USD, EURO, TL, by transferring from wallets of other exchanges or platforms, as well as by exchanging one visible cryptocurrency for another.
Each crypto exchange has its own rules, therefore, before making any transaction, it is recommended that you familiarize yourself with how the crypto exchange works, what networks and coins it supports, so as not to mistakenly send your digital asset to the wrong address.
WHICH EXCHANGES ARE CONSIDERED THE MOST RELIABLE AND SAFE?
For users, the most secure crypto-exchanges are considered centralized (Centralized Exchanges), since they are responsible for the safe saving of assets, and not the user himself, as in decentralized crypto-exchanges.
WHICH CRYPTOCHANGE EXCHANGE IS CONSIDERED THE BEST IN SECURITY RATE?
Both Coinbase, and Binance, and WhiteBIT are worried about the safety of funds and use cold wallets to store currency, insure their assets on the best insurance funds, and also recommend that each user install a special authenticator application that provides an increased degree of protection for their account, so it’s hard to decide which one is the safest cryptocurrency exchange.
You can register on all three cryptocurrency exchanges and, during use, determine which one is the most convenient for you.
You can familiarize yourself with best crypto exchange and it will help you make the right choice.