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P2P Crypto Exchange

How to Trade like a Pro on a P2P Crypto Exchange Platform

Let’s start from the beginning.

You may have heard several things about the digital currency, but there are some non-technical traders too who are constantly looking for an easily understandable definition to gain maximum profit in the cryptocurrency market. If you are one among them, then you are in the right place. I will enlighten you on some crucial factors through which you can trade in the crypto sphere like a pro. A few years back, I was also in the same boat. So, instead of getting technical, here are some tips & techniques you can use to trade on a P2P crypto exchange

Time and Schedule

The best way to trade is to have a regular schedule where you trade at the same time and hours every day. You don’t need to open orders all the time, but select the best time that fits you.

Remember that the market has its singularities. So, it would be more efficient for your trading if you discover the details and singularities of some specific hours rather than surfing the whole trading day.

Trade with a Reliable Exchange

Rely on cryptocurrency exchange platform to trade with an escrow protection, not a broker. By doing this, you will save your hard-earned money on fees and eliminate risk of frauds. Once you have joined a reliable trading platform, you will get a secure wallet where you can store your cryptocurrency.

Remember, choosing a trusted exchange will enhance your trading experience, and you can buy and sell your desired cryptocurrency with confidence.

Do Rigorous Research

For successful trading, do some useful research and tracking. For this, you can read the latest crypto news, check the key indicator & ranking daily, and read current blogs & articles. You can even join the discussion threads on Telegram and Reddit.

Consider Laddering Your Digital Coins

Instead of buying and selling everything in a chunk, set incremental buy & sell orders to buy when the prices of cryptocurrency go low and sell when the prices go high. The laddering process will help you avoid mistiming the complex and volatile cryptocurrency market.

Evaluate the market value

Evaluating market value is one of the crucial factors in increasing your chances of making profits. The ups and downs of the market can be best assessed from the market value. Additionally, the market value can help you determine the market history that offers the benefit to evaluate the market security and reputation of cryptocurrency.

Note: The most important point to consider is not to trade what you cannot afford to lose.

Once you decide to invest in cryptocurrencies, you are sure to come across a plethora of cryptocurrency exchange platforms. Count on a reliable and reputed trading platform for secure and easy trading.

Sign Up on a reliable P2P Crypto Exchange for Secure, Simple, and Quick Crypto Trading

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P2P Crypto Exchange

5 Things to Consider When Choosing the Best P2P Cryptocurrency Exchange Platform

The growth in the number of cryptocurrency holders and traders led to the introduction of crypto exchange platforms. However, not every cryptocurrency exchange platform is reliable enough to perform crypto-related transactions.

Some are at high risk of being subject to fraud, scams, and hacking. These sorts of events left adverse effects and impressions on a lot of traders.

However, it is important to remember that there are still many cryptocurrency exchange platforms with a strong reputation and security systems. If you are a crypto holder, trader, or investor looking for a trusted, secured, and user-friendly cryptocurrency exchange platform, this blog will help you narrow down your search.

Security Measures

This is the most important factor that every trader seeks in a P2P crypto exchange. A top-notch security feature will not only protect your digital assets on the platform but also the personal information that you provide. Please refer to Privacy Policy.

At Shiftal exchange, we provide multi-layer security systems, such as two-factor authentication, dispute resolution system, Login guard, Login history, etc to level up the security and drive secure transactions.

Platform Authenticity

Today, hundreds of Bitcoin trading exchanges are available for crypto trading. However, some of these might be created by hackers to deceive users. So, when choosing a P2P bitcoin exchange, it is vital to check and verify whether a company is legitimate or not.

You can check this by conducting online research about the company it’s regulation, location, and contact information.

Talk to Our Skilled Support Team Now

Geographical Borders

While bitcoin and altcoins can reach different parts of the world- even those that are unbanked- there are still some jurisdictions that do not fully embrace the capabilities and uses of this kind of digital money. To avoid difficulties in trading, it is essential to check which countries allow crypto trading and which do not.

Shiftal exchange is a European regulated P2P crypto exchange that allows users to trade worldwide. With our exchange platform, a user can easily buy Bitcoin in Venezuela and sell it in another corner of the world. Please refer to Terms and Conditions.

Fees

Another significant factor to consider when choosing a P2P exchange is its rates and fees for every transaction. This factor varies from exchange to exchange. Some platforms charge high prices for buying and selling Bitcoin, while others charge extremely low fees.

At Shiftal, we charge very low fees for trading and withdrawal so that our users can maximize their profits.

Trading Liquidity

Liquidity is defined as ‘how easily assets can be converted into cash’. Since the transaction involves cryptocurrencies, it is crucial to know whether or not a trading platform has a high liquidity feature. This will assure users that their buy/sell orders can be fulfilled quickly.

Weighing All Factors

When choosing a P2P cryptocurrency exchange platform, it is important to take into account various considerations. Different exchanges offer different ways of building security precautions, regulating users, building their network, and building a user experience.

So, if you are looking for a reliable and reputable P2P crypto trading platform, Shiftal exchange is the best bet for you. Shiftal exchange offers multi-layer security and escrow-protected trading to enable users to trade with confidence. Besides, our platform offers 70+ payment options, breaking any kind of payment barrier for users.

Start buying and selling Bitcoins on the most trusted and secure platform!

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