What is the best platform to buy cryptocurrency

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With thousands of cryptocurrencies on the market, it can be difficult to decipher between a promising project with long-term growth potential, and others, in the short term, that while giving quick gains, would not withstand a bear market.

Generally, altcoins are riskier investments compared to Bitcoin, which typically provides higher returns in a bull market. Conversely, altcoins tend to depreciate faster in bear markets. In general, cryptocurrencies with smaller market capitalization are more volatile than larger, more established cryptocurrencies such as Bitcoin and Ethereum.

Taking into account a cryptocurrency's market capitalization, development team, market position and future price potential, we have compiled a list of some of the best cryptocurrencies to invest in. The coins on this list are within the top 100 largest cryptocurrencies, and each project has a market capitalization of around USD 1 billion. To ensure adequate liquidity for your trade, it is a good idea to only trade cryptocurrencies with more than USD 100 million market cap.

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Centralized Exchange (CEX), they work in a similar way to exchange houses. Generally, they are companies that work as intermediaries and are in charge of the exchange and custody of their clients' funds, including their own funds. They also have a structure consisting of a platform and even physical offices in different cities. A disadvantage of this type of Exchange is that your money is under lock and key in that platform, far from your sight in a joint account of the company.

Decentralized Exchange (DEX), unlike the previous one, in this type of Exchange the transaction operations are carried out directly between the parties interested in the exchange. That is to say, without the intermediation of the company or its money. Basically we can define them as sites or web pages where people interested in buying and selling cryptocurrencies make their offers and contact each other directly. These platforms use the exchange house only as a guarantor of payment before the release of funds.

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As we mentioned before, in the following paragraphs we describe the purpose of each of these cryptocurrencies (and some more), we must keep in mind that each of them was created with a particular purpose in mind.

The success of Bitcoin paved the way for many other cryptocurrencies. However, Bitcoin remains the first and largest digital currency, which implies that the other cryptocurrencies are traded against it. This is why it is advisable when investing in crypto to start investing with Bitcoin, and then move on to other minor cryptocurrencies. Here we will briefly describe the so-called major cryptocurrencies. In summary, the cryptocurrencies with the largest market capitalization globally are the following:

When hearing in the news that the price of e.g. Bitcoin, is skyrocketing, many investors who do not know the world of cryptocurrencies believe that the minimum to invest is 1 Bitcoin, i.e. you need $20,000 (At 2022 price) to start. This is not correct: You are allowed to invest in fractions, for example, 0.001 Bitcoins.Binance is the leading Crypto platform globally. It allows you to buy the main Cryptocurrencies, as well as many services such as payments, margin trading or cards from Chile12 Recommendations when Investing in Cryptocurrencies.

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Several companies make it easy to buy bitcoin and other cryptocurrencies.Courtesy ESETO BUY BITCOINS It used to be much more complicated to own bitcoins, whether a full coin or a fraction.You had to open wallets, keep track of passwords, and it often meant dealing with startups with no track record and no headquarters you could call. (See: Bitcoin mining, China's "unintentional gift" to the U.S.).Now, several companies make it easy to buy bitcoin and other cryptocurrencies, though fees and policies vary.BLOOMBERG