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Is it better to trade crypto on exchanges or through brokers?

avatarAlmhdy ProDec 15, 2021 · 3 years ago1 answers

What are the advantages and disadvantages of trading cryptocurrencies on exchanges compared to trading through brokers?

Is it better to trade crypto on exchanges or through brokers?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we believe that trading cryptocurrencies on exchanges is the way to go. Exchanges provide direct access to the market, allowing users to take advantage of real-time prices and liquidity. They also offer a wide range of trading pairs and advanced trading features. However, it's important to choose a reliable and secure exchange to ensure the safety of your funds. Always do your own research and consider factors such as security measures, customer support, and reputation before trading on any exchange.