As a beginner who is trying to navigate my way through cryptocurrency, I’d like to ask some advice.
Considering the fact that scammers are everywhere, which app (exchange or trading platform) is the most secure to use for trading? Also, which security measure would you recommend to protect my coin once I start trading?
I believe this will not only help me, but also other beginners who might have the same concern.
I had been using Binance, but after a problem with them, I am using Bybit. Binance suspended my account, though they enabled withdrawal to withdraw my funds. It was my mistake, though; Binance is still one of the reputed exchanges. Later I liked the Bybit interface; for trading I have been using it for quite a while longer.
Whatever exchange you use, just use it for trading purposes. Don't store your funds there for longer. You are responsible for securing exchange credentials. Don't store your credentials online; write in your notebook and secure it safely. So you may choose Binance.