With Bitcoin and cryptocurrencies, it’s important to stay up to date. It’s a constantly changing scene.
New altcoins come out and make waves everyday. Some make crazy returns, but most get labelled as rug pulls as it ends up amounting to nothing and leading to unbelievable losses.
Stories about hacks are never-ending as exchanges sometimes have security issues. Even metamask wallets get drained if you click the wrong link!
So this raises the question:
Which is the best exchange to use? And this question may come up for various reasons including, but not limited to:
- Where should you be holding your cryptocurrencies?
- Which one has the lowest fees?
- Which one has the most access to coins?
Before we assess which exchanges are the best in the categories given above, it is important to realize something.
If you’re an investor or a long term holder, your cryptocurrency should not be in an exchange to begin with. At the end of the day, no exchange is safe.
Bottom line is you don’t own the private keys, and I’m sure you’ve heard the saying: