You must be hearing about Bitcoins, Cryptocurrency, making vast chunks of money by trading crypto. But many new or old traders don’t know what Crypto is, and then they make investments via brokers and lose money. But in the post, we are going to discuss what Cryptocurrency is and how can you buy and trade it with best crypto buying platform Tokens.net.
What is Cryptocurrency?
Many economists and traders say that it is a unicorn of this century, and many states that the digital money of the future. But Cryptocurrency is an internet-based medium of exchange which uses cryptographic functions to conduct financial transactions.
It uses blockchain technology which is best for the future. It can also acquire decentralization, transparency, and immutability. Bitcoin got considered as one of the best performing cryptos of all time. It picked the best rate last year and later went down. But shortly, it will go up again. Let’s know about crypto exchanges where you can buy and trade different Cryptocurrency.
What is Crypto Exchange?
Crypto exchange are widely known for exchanging your one form of digital tokens to another way based on the market value of the given assets. Many newbies get confused between crypto wallet and exchanges they think both are the same thing, but it’s not. You need wallet service or physical wallet to store your Crypto but for buying or exchanging crypto exchanges are responsible.
The most popular crypto exchange platform right now is Binance. But in a few years, another exchange platform is rising with the trust of many crypto traders, that is Tokens.net.
Tokens.net is created as a trustworthy, transparent, safe, and reliable place to exchange, trade, and buy ERC20 tokens and other cryptocurrencies, with a focus on their native token, DTR (Dynamic Trading Rights). You also can take loans directly by depositing your Crypto. Let’s talk about Tokens.net advantages.
- Low-Cost Exchanges
Trading fee on this platform is quite lower than other exchanges for the makers the cost is zero, and for takers, they have to pay 0.2% of the total trade. If you are depositing Crypto, then the price is zero. Withdraw fee is different from currency to currency. For BTC it is 0.0003 BTC for each trade. You can visit Tokens.net website and know about the costs.
- Transparency & Liquidity
The whole DTR which gets used for trade will be burned out on the ETH network via smart contract. It will burn a certain amount of DTR, and the daily volume on the platform will have to match the number of tokens burned every day. It will ensure the transparency on the exchange.
- Reputed Board Member
Unlike other new exchanges, Tokens.Net shares all the essential information to the public about the board and vision. A well-known person founded Tokens.net in the crypto market named Damian Merlak. He confounded Bitstamp, the famous exchange in the crypto market.
Now you have a basic idea about Crypto, trading platforms and Tokens.net which is most useful and trusted exchange in recent days. Tokens.net ensure complete safe trading, and some fantastic features too.
Disclosure/Disclaimer: This article is paid for and produced by a third-party source and should not be viewed as an endorsement by ZyCrypto. Readers are urged to do their own research before getting involved with the company, goods and/or services mentioned in the above article.