Top Cryptocurrency To Buy
When you think about investing in crypto, you should study the market and understand how it works, what prices depend on, and how they change. Learn how to read crypto charts and sort out what means “bull” and “bear” market trends. To pick crypto for investment, check it through the following parameters:
- What is the essence of the project, and what real use cases does it have?
- Who are the founders, their reputation, and what projects have they been engaged in in the past?
- Who are the investors and bakers of the project?
- What partnerships has the project made?
- How did the asset price change?
- Are there active social networks and engaged communities?
- What are the nearest plans of the developer’s team?
These questions will help you understand if the project is serious and promising.
The best way to buy cryptocurrency is to register on one of the most popular platforms. It may be Binance used worldwide or a popular European crypto exchange WhiteBIT. It is recommended to use centralized platforms because they provide a high level of security for users’ funds. Besides, they offer a comprehensive list of assets and the opportunity to trade with fiat currencies.
The Most Promising Crypto To Buy In 2022
Let’s see what are the top cryptocurrencies in 2022.
- Binance Coin
- The Sandbox
These assets are traded on all popular crypto platforms.
When you buy crypto for the long term, think about the way you will store it. You can either keep your coins on exchange storage or buy offline storage like Ledger to hold your investments offline. The WhiteBIT cryptocurrency exchange stores clients’ assets on cold wallets, making it impossible for third parties to reach. Keeping your investments on the exchange allows you to have access to them at any moment you need.
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