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How to Choose Best Crypo Exchanges in Canada
As crypto market has seen significant growth over past years, more and more individual investor and institutional investors are attracted to the emerging sector. However, as more and more crypto exchanges emerge due to the rapid development of digit assets, investors may be confused when deciding between several Canadian crypto exchanges with similar benefits and features, especially for novice investors.
So, how to choose best crypto exchange for Canadian traders? This article will fully introduce the dimensions traders need to take into consideration when selecting a best crypto exchange. We believe this article will give you some insight in your trading journey.
Quick look at the key points when trying to find the best cryptocurrency exchange for your investment portfolio:
Selection of supported cryptocurrencies
BTCC (Top Choice for Your Trading Journey)
Security
Despite huge potential of high return and rewards, cryptocurrency trading comes with a certain level of risk due to various factors, such as high volatility associated with cryptocurrencies, the lack of regulation, cybersecurity risks, hacking incidents, etc. Thus, whether you are a newcomer or an advanced trader, security must be in your top priority
Fee
Even though it is much likely that you may get huge return from crypto tradings, you return might be significantly reduced you choose a crypto exchange with high trading costs and all kinds of hiden fees. Therefore, it is much necessary for you to evaluate how much commission you provide to your crypto exchange when you buy and sell crypto.
Selection of supported cryptocurrencies
The third point that traders need to think about is whether the exchange can offer a large range of cryptocurrencies for your selection. In Canada, some exchanges only offer very limited cryptocurrencies for trade, which greatly hits your trading selection and service experience.
Interface
In terms of interface, it is also an important point traders need to attach great importance to, especially for newcomers. A intuitive interface usually means simpler and more convenient trading procedures, and better trading experience. For beginners, a user-friendly interface can greatly reduce their time cost for learning.
Customer service
Last but not least, whether an exchange can offer satisfying customer service is also important. When traders are confused or meet emergency, timely customer service is much needed. In Canada, some exchanges enjoy good reputation in customer service as they provide all kinds of service methods like 24/7 Live Chat support.
\Deposit and Receive Up to 10,055 USDT!/
BTCC (Top Choice for Your Trading Journey)
After introducing the above points investors need to concern when selecting a best Canadian exchange, Here, we would like to introduce BTCC. As one of the longest-running exchange in the world, BTCC is committed to making crypto trading reliable and accessible to everyone. With a mission of providing a trading platform that is fair and reliable in every sense, BTCC strives to uplift the industry’s standard for quality trading. At present, BTCC offers service in more than 100 countries and regions with more than 6 million registered users. The following sets forth the major advantages that BTCC owns compared with other major exchanges.
The reasons why we introduce BTCC set forth as below:
- Industry-leading security
- High Liquidity & Volume
- Extremely low fees
- High and rich bonus
- High Leverage for Crypto Futures Trading
- User-Friendly
\Deposit and Receive Up to 10,055 USDT!/
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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