Cryptocurrency exchange is a platform for trading and exchanging one digital money for another or for various world currencies. In addition to mining, which is the original way to create cryptocurrencies, exchanges are a way to get them. In addition, only with the help of exchanges can you exchange them for real money. Visit http://xn--millionrsleben-cib.de for the best choices.
Exchange Types
- The separation of the entire list of exchanges can be carried out conditionally according to one of the most important criteria:
- Exchanges on which bitcoins and part of the main forks can be exchanged for national, world currencies (fiat money)
- Exchanges where they trade exclusively between bitcoin and forks and exchange some cryptocurrencies for others
- Forks are called digital money, derivatives of the main bitcoin. Many forks can be exchanged only on certain exchanges.
Choosing a wallet to store earnings
How to make a beginner on cryptocurrency in 2018? The answer may seem obvious – open an account on the exchange, and start earning by buying one cryptocurrency and selling another. But if everything was so simple, most of our people would long ago become millionaires.
Firstly, in order to start making money on cryptocurrency trading, initial capital is needed. In other words, you need to have another cryptocurrency, fiat money or electronic money that you give away in exchange for bitcoins.
The second point is the dishonesty of many exchanges that simply freeze their customer accounts, but hacker attacks should not be ignored.
It is for this reason that it is recommended to start working on the cryptocurrency market only with trusted and reliable exchanges. What kind of cryptocurrency wallet to choose? We offer some interesting options:
Exodus This wallet provides a high degree of security, as it is installed on a PC, and is available exclusively to the user with a private key.