Walid-Cryptopedia
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Focus with me, may God be pleased with you ❤️
There are many reasons and factors to determine the safest and best platform to use 👇🏻
1️⃣ Your mental comfort 🧘🏻 Use the platform that you feel comfortable with and know how to use appropriately ... the platform where your experience is good and you haven't faced any issues or feelings of insecurity
2️⃣ Liquidity 💸 For me, the most important factor before my mental comfort is liquidity
Platforms with high liquidity allow you to buy and sell at any time and at the prices displayed in front of you ... while platforms with low liquidity will sometimes make you struggle with buying and selling and there will be a big difference between the execution price of the transaction and the expected price for you to execute the transaction
3️⃣ Trading volume 🤝 Somewhat related to liquidity ... most platforms with high liquidity have large trading volumes
4️⃣ Security 🔐 Look for platforms that are least exposed to hacking ... platforms where users have never faced withdrawal issues at all
5️⃣ Regulations 💡 Licensed and regulated platforms that are subject to the laws of countries always guarantee your rights in case of hacking, manipulation, or legal problems
And the last point I want to focus on today is the flow of currencies to the platforms ... if I want to send my currencies to a specific platform ... which platform do I trust the most?
The numbers say that the most converted platform is #Binance 👇🏻
Regardless of whether the market is rising or falling, Binance has maintained its position as the best platform receiving flows of digital currencies. Trust, liquidity, and strong infrastructure all play a role
🔹 Alternative currencies?
Even when the market was quiet, Binance had about 13,000 daily deposits for alternative currencies, compared to 6,000 at Coinbase and 10,000 across all other platforms combined.
As for the big rise in November and December 2024? Binance reached 59,000 daily deposits and 42,000 different addresses sent alternative currencies to the platform, which is more than double Coinbase
🔹 Stablecoins?
On the Ethereum network, Binance received 53,000 deposits of USDT and USDC, more than Coinbase and the other platforms.
On TRON, it had 384,000 USDT deposits in just one week, while Bybit had 321,000 and HTX around 163,000
From my personal experience, Binance is the best and easiest to use and the safest, and my opinion is known whether I work with Binance or not .. Do you have a different experience? Share with me in the comments 👇🏻
Do you want to register on Binance through a referral link 💛 it lights up
There are many reasons and factors to determine the safest and best platform to use 👇🏻
1️⃣ Your mental comfort 🧘🏻 Use the platform that you feel comfortable with and know how to use appropriately ... the platform where your experience is good and you haven't faced any issues or feelings of insecurity
2️⃣ Liquidity 💸 For me, the most important factor before my mental comfort is liquidity
Platforms with high liquidity allow you to buy and sell at any time and at the prices displayed in front of you ... while platforms with low liquidity will sometimes make you struggle with buying and selling and there will be a big difference between the execution price of the transaction and the expected price for you to execute the transaction
3️⃣ Trading volume 🤝 Somewhat related to liquidity ... most platforms with high liquidity have large trading volumes
4️⃣ Security 🔐 Look for platforms that are least exposed to hacking ... platforms where users have never faced withdrawal issues at all
5️⃣ Regulations 💡 Licensed and regulated platforms that are subject to the laws of countries always guarantee your rights in case of hacking, manipulation, or legal problems
And the last point I want to focus on today is the flow of currencies to the platforms ... if I want to send my currencies to a specific platform ... which platform do I trust the most?
The numbers say that the most converted platform is #Binance 👇🏻
Regardless of whether the market is rising or falling, Binance has maintained its position as the best platform receiving flows of digital currencies. Trust, liquidity, and strong infrastructure all play a role
🔹 Alternative currencies?
Even when the market was quiet, Binance had about 13,000 daily deposits for alternative currencies, compared to 6,000 at Coinbase and 10,000 across all other platforms combined.
As for the big rise in November and December 2024? Binance reached 59,000 daily deposits and 42,000 different addresses sent alternative currencies to the platform, which is more than double Coinbase
🔹 Stablecoins?
On the Ethereum network, Binance received 53,000 deposits of USDT and USDC, more than Coinbase and the other platforms.
On TRON, it had 384,000 USDT deposits in just one week, while Bybit had 321,000 and HTX around 163,000
From my personal experience, Binance is the best and easiest to use and the safest, and my opinion is known whether I work with Binance or not .. Do you have a different experience? Share with me in the comments 👇🏻
Do you want to register on Binance through a referral link 💛 it lights up
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.