Introduction to the best cryptocurrency exchange app Cryptocurrency has been attracting many people lately because there are incredible fin...
Introduction to the best cryptocurrency exchange app
Cryptocurrency has been attracting many people lately because there are incredible financial opportunities in the sector. People only need to find a legging exchange to get started.
Knowing the exchange you choose is crucial since it will determine whether you will benefit or lose. Possessing excellent financial skills also plays a significant role in the success of traders.
Choosing an exchange requires you to perform research. There are many mediocre platforms these days. The sites do not offer up to standard features, and they frustrate users. Such companies get operated by fraudsters.
Some features that distinguish legit crypto exchanges from fake ones are legitimacy, helpful features, excellent support services, low costs, and simplicity. The platform that meets all those qualities is called Cryptology. The platform offers incredible benefits and has become more popular amongst investors.
The leading exchange service has an option to earn passive income, which other exchanges lack. Moreover, anyone can access the platform except people from America and Japan. The trading service was prohibited in those regions.
The leading cryptocurrency exchange platform
The platform gets accessed via a computer and mobile devices. Both venues offer a user-friendly interface, and the features are the same.
The trading site supports several languages. Examples are:
Bulgarian.
Russian.
English.
French.
Spanish.
Korean.
Chinese,
German.
Hindi.
Polish.
Portuguese.
The registered cryptocurrency exchange new user accounts
Anyone that wishes to use the trading service begins by registering. The activity is fast and straightforward. You only have to fill out the following data on the signup form.
Country.
Name.
Email address.
Password.
Upon filling out the form, the site requires you to undergo the KYC process, which comprises two verification options.
The first one requires customers to meet the primary requirements. You have to submit your name, identity proof, and a photo with your ID.
Passing the above step lets users trade as high as $10,000.
If you wish to extend your trading limit, you have to pass the second verification activity.
The 2nd verification process requires users to submit residence proof, name, address, and the issuer. Your residential address proof maybe your government document, bank statement, or utility bill.
Only verified users can access the trading platform features.
The top features of the free cryptocurrency exchange app
There are various features on the platform which make it stand out from other similar trading services. This section will describe each of them.
Purchase cryptocurrency
The online platform permits purchasing and selling of cryptocurrency against rubbles, Euros, or dollars. In addition, the website supports the following cryptocurrencies:
BTC.
ETH.
LTC.
USDT.
XLM.
XRP.
ZEC.
Customers can expect more currencies in the future.
The platform additionally allows the conversion of Bitcoin to USDT and vice versa. The change happens with one button click.
The exchange
The https://cryptology.com/ website comprises various trading pairs, and it offers a customizable design.
Other available features include market charts and analytical tools. In addition, members may trade cryptos against fiat and stable coins by putting the following:
Limits.
Market orders.
Stop-limit.
Existing pairs
BTC.
ETH.
XRP.
DYDX.
XLM.
BCH.
LTC.
ZEC.
USDT.
DAI.
USDC.
TRX.
BAT.
KVI.
PSC.
1INCH.
EURS.
EUR.
USD.
RUB.
Cryptocurrency futures
A trader can place perpetual trades on the futures market. The leverage is up to one hundred times, and you can pick cross-margin and isolated places. Besides that, the traders receive protection, thanks to mitigations tools which reduce default amid high volatility danger.
The trading website also has an insurance fund and auto-deleveraging systems.
Earn
The last feature is unique; you cannot find it on other trading websites. The function enables traders to acquire passive income streams while holding their crypto assets. For instance, you can pay EURS, DAI, USDT, USDC, and BTC to earn 15% yearly returns.
The percentage the Earn feature rewards traders is above what banks offer. You can lock your deposits for the following periods:
Thirty days.
Sixty days.
Ninety days.
Once your locked period expires, you can cash out. The feature updates earnings daily during the lock period.
Fewer entry barriers and attractive costs at the best exchange to sell cryptocurrency
The crypto exchange designers created a platform that can suit all kinds of traders. So your trading history cannot prevent you from benefiting from the service.
The lowest order size is 0.10 dollars making it possible for anyone to trade without thinking twice. The trading fees and commissions are also not high.
The current makers and takers fee are only 0.002. In addition, there are no charges for overnight or rollover futures orders.
However, expect to pay a small fee when depositing or withdrawing crypto and fiat.
The best cryptocurrency currency exchange payment
Trading entails depositing and withdrawing funds. However, the top exchange offers flexible ways of performing transactions.
Customers can deposit money using any of the following methods:
MasterCard.
Visa.
EUR SEPA.
Deposit Express.
Boleto.
Wire transfer.
Cryptocurrencies such as TRC20, ERC20, and USDT.
Withdrawal methods
The website processes withdrawals using the supported cryptocurrencies apart from BCH. The transfer method can also get used to acquiring funds.
One of the supported bank wire transfer options is SEPA. However, only verified traders can use the transaction method.
When depositing through wire transfer, expect no charges. It is only withdrawals that get subjected to a fee.
Individuals should know that they can’t make withdrawals using debit or credit cards. The options are only for depositing funds only.
Security and customer care services at best-rated cryptocurrency exchange
One thing that makes the online trading company stand out is its ability to protect both the website and the users from scammers and third parties.
An excellent group of support agents works around the clock to ensure customers get the best service. You can reach them using the specified email or the ticket process. As a result, all issues get resolved within one day.
The customers may not need to contact the support center whenever they encounter an issue because there is an FAQ section. Most of the questions you may want to ask are in the section.
The trading company ensures safety by using SSL encryption. The technology keeps customer details safe.
There is an option for customers to undergo the two-factor authentication procedure. The activity ensures only legit owners have access to the registered accounts.
Conclusion
As seen from the review, the online exchange is highly operational. The website's simplicity makes it ideal for beginners. All the available features are helpful, and traders have nothing to worry about if they trade at low fees.
The site also supports many cryptocurrency and payment methods. Customers get a chance to earn passive income, which is higher than what banks offer.
Whether you are an experienced trader or joining the cryptocurrency sector for the first time, the leading crypto exchange is ideal for you.
