Do not Choose The Wrong Exchange
Just as the amount of altcoins entering the market grows exponentially, the number of cryptocurrency exchanges you can trade in this currency also increases.
The problem is that not every new exchange is created equal; new and untested exchanges can turn into nightmares if they do not honor the withdrawal or become inaccessible at the wrong time.
Begin your crypto trading career with a long and respected exchange, which supports a large number of established digital currencies. Although you seem to miss the opportunity by doing this, keep in mind that the ability to recover cryptocurrency from unknown, unreliable companies can be impossible.
This is a very valuable tip. Most people lost their investment recently through the fraudulent OctaEx exchange platform which just shut down. I am sure there are still some fraudulent exchanges out there just bidding their time. I advice people to be very careful with the new exchanges.