Top Traded Cryptocurrencies

Cryptocurrency trading has become a popular type of activity since it can bring great profit. Although we should not forget about the risks it bears - the crypto market is very volatile, the rates may change every day, and it requires attention and knowledge to make a profit in such market conditions.

For successful cryptocurrency trading, you should consider the following rules:

• You should always keep track of market trends and be able to understand when it is the right time to buy a coin and sell it.

• You should comprehend trading strategies and strictly follow the one you have chosen.

• You should not invest your last money, otherwise, you will be guided by emotions and make wrong decisions.

• You should find a credible and trusted service that provides all the necessary trading tools for your strategy (it may be trading with leverage, trading bots, etc).

• You should be aware of the latest news background and understand how it may affect the market.

One of the crucial points of the list is choosing a crypto platform. It is recommended to pick a centralized service for they always provide a high level of security which is crucial for investors especially when it comes to large sums.

The most popular crypto exchanges:

• Binance

• WhiteBIT

• Coinbase

• Huobi

• OKEx

These platforms offer a full range of trading instruments, numerous crypto combinations for exchange, average fees, and customer support of a high level.

The Best Cryptocurrency for Trading

As mentioned above, for successful trading, you should keep track of the market, and learn about new projects and the news from well-known projects. Professional investors and traders always recommend choosing the most popular crypto coins. Young projects can also bring profit, though they require plenty of experience and traders’ expertise.

The top traded cryptocurrencies on the WhiteBIT exchange:

• Bitcoin

• Ethereum

• Ripple

• Cardano

• Solana

If you are a novice in this field and want to begin with something, it is recommended to buy one of these assets. On WhiteBIT, you can buy crypto with fiat currencies. You should register and pass KYC. Then enter your bank card, choose the currency you would like to purchase and specify the sum. Then click «Exchange».