Before starting I want to clear you that trading is much risky. Don't put your assets in crypto trading that you can't bear to lose.
Here I am going to give you a brief description of crypto trading and exchanges that are being currently used by me.
Cryptocurrency is a global digital currency that is built on the noble idea of p2p transactions. Because it is processed p2p without any middle man or organization it becomes a global, fast, and cheap way of transferring money. The Crypto market has passed a 1 trillion market cap with more than 2000 cryptocurrencies.
Although the crypto idea was noble and working the factors which proved to be oil to the burning fire are global evolution of the digital system, COVID-19.
Besides its usefulness over the traditional money transfer methods. People used it to earn profit. Because crypto currency is not managed by any central authority it's price fluctuate tremendously. These fluctuations give rise to crypto trading.
Their are many types of trading . Spot trading , prepatual trading , margin trading , future trading.
Before starting trading you must know about these terms. But we are not explaining it here .
You can select a coin to invest in by investigating some parameters like total supply , current price, 24 hour volume , past fluctuations, ATH etc.
All the exchanges show these data in the form of graphs 📈 and tables so you can easily select coin to invest in besides these exchange there are a lot of other websites that give you these info.
If you are new to crypto trading i will recommend you to buy coins whose price are bellow 1 dollar or have value 0.001 etc. You can buy thousands of these coins with 4,5 $ investment.You have more chance to get profit and small risk of losing in this way.
A screenshot of coinex showing todays top movers are given bellow
If you don't have coinex account you can sign up by clicking here
I am using coinex because you don't need KYC to start trading and depositing and withdrawing.
You can also use okex to start trading.At okex KYC is simple and fast.
You can join okex at this
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