How to choose a Cryptocurrency for trading on an Exchange

Written by evan-ducktator | Published 2019/09/09
Tech Story Tags: cryptocurrency | crypto-exchange | latest-tech-stories | crypto | choosing-a-crypto-coin | trading-crypto | crypto-trading | pair-trading

TLDR There’s a number of intricacies of trading cryptocurrencies that come into play once getting to know how an exchange operates. At CoinMarketCap one can find rankings according to various factors. The price and the trading volume are advised to look at both separately and together. Low price of a coin is not necessarily a positive sign to judge upon. Low demand is created, which decreases the coin value. However, it has to be mentioned that this does not apply to all the coins in the market, so an initial research is always recommended.via the TL;DR App

no story

Written by evan-ducktator | Freelance author
Published by HackerNoon on 2019/09/09