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Dornautos  » 2022-02-01 08:53:23

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The following criteria are taken into account when compiling the rating:

The reputation of the project and reviews from other clients. There are many fraudulent platforms on the web that block visitors after making a deposit. Therefore, the rating takes into account the reviews of real crypto traders and the reliability of the exchange.
The number of tokens and coins available. The wider the list of trading pairs, the easier it is for the client to pick up an asset.
Average daily transaction volume. On crypto exchanges, all operations are carried out through the order book - the book of registration of applications. The larger the volume of transactions, the faster the exchange will be made.
The possibility of making a fiat. Beginners may not have a crypto wallet. In this case, you need to deposit a fiat currency, and then exchange it for tokens and coins. To do this, you should create accounts on exchanges that accept payments through electronic systems and from bank cards.
Tips for novice traders
There are many ready-made trading systems on the Internet. Beginners often make the mistake of opening deals using untested indicators and analysis methods. The exchange rate of a token or coin changes in a way that is unfavorable for the user, and the investment burns out.

To earn cryptocurrency by trading according to the strategy, you need to understand the basic principles of speculative operations. There are training materials, articles, expert forecasts for this.

The next step is to test the cryptanalysis technique on a demo account or by performing transactions for a small amount. You should proceed to large transactions after a full check of the trading system.

Resume
The main purpose of crypto trading is to acquire an asset and then sell it at the best price. To do this, you need to conduct a fundamental or technical analysis, determining how the value of the token or coin will change. Different cryptocurrency trading strategies are used on exchanges and trading platforms:

Indicator trading.
Analysis of support and resistance levels.
Study of news, expert opinions and technical characteristics of crypto assets.
Arbitration.
Each technique has advantages and disadvantages, so beginners should test different ways of working on cryptoplatforms.