Cryptocurrency, which is sometimes referred to as digital currencies operate independently of any central authority or banks and it is permissionless to use, the transaction is open & available for people to see.
Because it is decentralized, government authorities such as the Judiciary, Authorities in-charge of taxation, and the central banks do not find it appealing because it cannot be taxed and they don’t have power to influence the transactions of traders/participants.
N.B: Cryptocurrencies Transaction cannot be cancelled, cannot be reversed and neither can it be disputed, This is the reason why newbies are advised to have someone who is experienced and careful to guide them whenever they want to carry out a transaction.
Cryptocurrencies can be obtained by buying/purchasing from a digital/crypto-currency exchange platform, The exchanger allows the trader to exchange their Fiat( paper currency) to Alt coins of their choice. The top five (5) cryptocurrency Exchange can be find below:
- Hobi Pro
Cryptocurrency Trading platform have their own shortcomings such as: scalability, Cybersecurity issues, price volatility and lack of inherent value, Regulations, and abuse of trust which traders place on the crypto exchange all for the sake of profits, user-friendly interface, these shortcomings cause traders to panic.
As more technological innovations are uncovered, binance works as a decentralized structure for its users. This makes it reliable for unlimited coverage worldwide. This implies that users can access the platform near the network and the business as a whole. Furthermore, the platform uses a decentralized node to create a broader public spectrum, thereby expanding the business and the platform.
WHAT IS BINANCE EXCHANGE?
Exchange is a trading platform with numerous functions that allow users to make smart trading decisions, reduce their costs and maximize their profits from each transaction made. The success of each project mostly depends on the team. The project team consists of numerous experts and various Blockchain professionals who have experience in the cryptocurrency world for many years. They will be able to bring the trading platform to a new level and offer a highly reliable and high-speed trading platform for traders.
In addition, binances functions as a centralized structure for its users. This makes it reliable for unlimited coverage worldwide. This implies that users can access the platform with proximity to the network and trade as a whole. In addition, the platform uses a decentralized node to create a wider audience spectrum, thereby expanding the business and platform.
High security – Your personal data will always be encrypted, which guarantees very high reliability and security. Developers create a trading platform where buying digital currencies will be simple and straightforward, even for beginners. Binances Exchange accepts any credit or debit card from VISA or MasterCard.
- Only the best and most top cryptocurrencies – Buy your digital assets in a wide range of the most popular cryptocurrencies in the world.
- Reliable platform – You can use all services wherever you are, and you can always be confident in the reliability of the trading platform.
- Customer service you can trust.
- Support agents are always ready to answer any of your questions that you can ask at any time convenient for you.
- UNIQUE FEATURES OF binance EXCHANGE
- Highly Secured Your data is encrypted, guaranteeing your safety.
- Binance makes buying crypto simple Rokes Commons Exchange accepts any credit or debit card from VISA or MasterCard.
- Top Crypto Currencies
- Buy your coins from a wide selection of the world’s most popular cryptocurrencies.
- Upload your documents today. Binances reviews them within the hour.
- Reliable Platform
- You can use the services wherever you go.
- Binance Exchange has you covered.