The new buzzword with the suffix –ization after globalization is digitization. With the boom of the internet in the world, the manner in which people
The new buzzword with the suffix –ization after globalization is digitization. With the boom of the internet in the world, the manner in which people function has changed drastically. Among many changed things, we would like to discuss how people invest and the best crypto exchange Eu.
From real estate to shares to others, a new digital currency famously called crypto has been a new option for the world. The process of investing or trading in crypto begins with choosing a crypto exchange.
Let’s first understand what Crypto Currency exchanges:-
Like conventional stock markets, Cryptocurrency exchanges are platforms that facilitate the exchange of cryptocurrencies for other assets, i.e. Money, other digital currencies.
Some basic aspects that an investor looks upon before choosing a cryptocurrency exchange are:
1. Authenticity – To make sure that your funds are safe and secure, one should always check the authenticity and legitimacy of your platform. In recent times, scams are very frequent, so it’s safe to check your platform’s repute and learn about the grievance redressal mechanism in case of any contingency.
2. Mode of purchase – Different platforms provide several methods of purchase. Some give all purchase options through bank transfer, debit or credit cards, other digital currencies, etcetera. Some may provide only one or two options from above. This varies from platform to platform.
3. Crypto Currencies available – Various exchanges provide several Cryptocurrencies. Whereas some might provide one single currency or two currencies, such as only Bitcoin OR Bitcoin AND Ethereum. It solely depends upon you, how much exposure you want to different virtual currencies.
4. Fee Charged– A nominal charge for trading should be looked after. As these fees are compoundable we should take into account it before trading in big amounts. Also, make sure that there is no hidden transaction fee.
Following are some of the top Cryptocurrency exchanges in Europe:-
Binance: Founded in 2017, this Cryptocurrency exchange company is so far the largest Crypto exchange company in the world. It is available in over 100 Countries globally. With total trading of 13$ billion, this company offers services like investing, trading, staling and more. Also, this company offers hundreds of coins and tokens.
Coinbase: A public listed company. One among the many exchange companies around the world. This behemoth processes around 2$ billion worth of bitcoins per day. It advances Crypto trading services in both retail and institutional markets. It is most widely used in Europe and U.S.
Kraken: Founded one decade back, Kraken is probably the oldest cryptocurrency exchange company in the crypto market. Kraken allows users to get into numerous cryptocurrencies, reserve their accounts through fiat currencies and cryptocurrencies, and explore other crypto services as well.
Recently Swedish central bank, Riksbank, has decided to issue its own centrally backed digital currency. Among the best crypto exchange Eu, this cryptocurrency is named as eKrona. The platform ekrona has been referred to as the official digital currency of the European Union. For the issuance of eKrona in the market, the government developed a new crypto exchange platform, which too is named eKrona. Probably this eKrona could be the latest Bitcoin, as it will be the first centrally backed digital currency issued in the market.
It is said that eKrona is the first approved cryptocurrency by the government. This is a positive point as we usually know how risky the business of investing in cryptocurrency could be despite being so valuable. It is always profitable for it to be approved by the government in case any problems arise. Up until recently, many countries have tried to create a full regulation regarding cryptocurrency. The well-known Bitcoin is said to be highly volatile and, as a matter of fact, is not accepted in many of the countries that are developed.
The financial world is going to take a complete turn once cryptocurrencies start to play a major role in the future. At eKrona, their aim is to switch up to 65% of transactions that are done to eKrona within the duration of a year. Currently, the price of eKrona is not yet too high and remains low.
The popularity of the eKrona cryptocurrency has been gaining recognition at a very fast pace that it is said to soon outpace the success of Bitcoin too.
As we have understood the importance and potential of cryptocurrency, it is quite obvious that many people would want to invest in it. For this, whichever platform they choose should be reliable and safe. The main motive that EKRONA.COM has is to serve people all around the globe with a mode that allows the purchasing and selling of eKrona. This digital currency is accepted in many of banks worldwide as well as by card issuers too. The company also has all the licenses that are required.