Should You Trade Cryptos on Brokerage Platforms?

Should You Trade Cryptos on Brokerage Platforms?

While most people resort to using crypto exchanges, this is actually one of the biggest mistakes they could make. There are several reasons why we do not purchase our fiat currencies on stock, currency exchanges, or on the interbank market. This is because the process is time-consuming, you can operate trades at larger sums, and not everyone can easily procure a trading license.

The same thing can be said about the cryptocurrency market. In order to trade crypto on exchanges, you have to go through a long KYC verification process. Withdrawal times from merchant platforms can take up to 5 days, and before you withdraw, you have first to execute trading operations.

What Advantages Does Feature?

1. There is no convoluted KYC verification process involved. This means you will not have to provide any personal documents to identify yourself, and you, therefore, can keep your anonymity while trading.

2. All exchange orders have low limits and are executed almost instantly. Unlike other platforms, allows you to quickly trade small amounts of crypto.

3. Includes deposit options, such as Perfect Money, Payeer, AdvCash, to purchase cryptos at the market price. Most exchanges do not feature such options.


4. Fees are lower. The platform does not apply a fixed fee for the trading process. The conversions are executed at market prices, and the exchange relies solely on the spread.

5. Responsive support team. The support operators of 365cash are always ready to respond to any inquiries related to customer accounts and trading within 2 minutes. On larger exchanges, customers have first to create a ticket, send it to the support service, and wait for hours or days to get a response. Description is an exchange platform that entered the market in 2015. Since its launch, the platform has grown to become one of the largest exchange services in the CIS countries. In 5 five years of operation, more than 1,500,000 trades have been executed on 365Cash. Over 20,000 positive reviews have been posted by real customers, and there are more than 45,000 users worldwide that consider the exchange a trustworthy service. 

The platform also offers a referral program in which participants stand to earn 30% of their proceeds. Another great earning opportunity is its loyalty program.

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