How can you tell if an exchange is legit?
When it comes to investing in cryptocurrency, it's crucial to choose a reputable exchange. But how can you tell if an exchange is legit? Firstly, check if the exchange is registered with a reputable financial regulatory body. Secondly, research the exchange's track record and read reviews from other users. Thirdly, ensure the exchange has robust security measures in place to protect your funds. Finally, consider the fees and payment options offered by the exchange. By taking these steps, you can help ensure you're dealing with a legitimate and trustworthy exchange.