Consumption of digital assets is growing. The number of platforms that work with them is also growing: exchanges, cryptoexchangers, cryptowallets. And scammers are getting a use of that. Fake cryptoexchangers are currently one of the most popular methods of fraud. That's why it's important to check the platform you're using for exchange and be sure to set up two-factor authentication. This is an additional security measure that protects your transactions.
When you keep money in a bank account, the bank itself is responsible for it. Bank undertakes the protection of your deposits and assets. When it comes to cryptocurrency, this responsibility falls on your shoulders.
We remind you that digital assets are almost impossible to get back, so reliability is a key factor in cryptocurrency exchange.
3 platforms where you can safely exchange cryptocurrency:
1. Any.Cash cryptowallet
Any.Cash is a multi-currency cryptowallet with the function of exchanging in Telegram, the most secure messenger on the Internet. The platform works as a chat-bot, so the interface is as clear and accessible as possible. The wallet guarantees the safety of funds, relying on modern encryption methods.
Currencies that can be exchanged there:
Plus, transactions are completely anonymous. Read here the information about how to exchange currency in Telegram.
2. Binance exchange
Binance is the largest cryptocurrency exchange by trading volume. There are several ways to exchange cryptocurrency. The most reliable one is "Sell to the card", confirmed by Binance managers. It is one of the first exchanges to create a Secure Asset Fund for Users (SAFU) to protect funds in case of need. At the beginning of 2022, the capital of the fund was estimated at one billion dollars. The disadvantage of the platform is that beginners spend a lot of time trying to figure out how to exchange, due to the extensive functionality.
3. WhiteBit exchange
WhiteBit is the largest international cryptoplatform in Europe, which is among the Top 3 safest cryptoexchanges according to cer.live. Due to the large number of functions, it also takes time to understand the interface. And if there are special courses on Binance, then on WhiteBit you need to deal with everything on your own.
Conclusion
If you are just starting to get interested in cryptocurrencies, it is okay to try different platforms to find “your own”'. But during these searches, always check the security of the exchange, exchanger or cryptowallet. This is the only way you will not lose your digital assets.
