Place/Date: - July 21st, 2022 at 2:36 pm UTC · 4 min read
Source: Huobi Global
Cryptocurrency’s popularity among investors in recent years has not escaped the attention of cybercriminals, and security incidents relating to thefts of cryptocurrency worth millions have often made headlines.
Recent bearish market conditions have resulted in investors holding on to large amounts of digital assets as they await the return of the bull – therefore, choosing a safe and reliable exchange to facilitate wealth management has become a top priority for traders.
More often than not, evaluating the security and performance of an exchange could prove a daunting task. This article zooms in on five popular digital asset exchanges and highlights their key selling points from a security point of view.
Founded in 2013, Huobi Global is one of the world’s leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries. Huobi Global’s infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support underpinned by local expertise. This lets Huobi Global offer a unique trading environment that is truly customer-first, safe and sustainable for all users.
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FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens.
Coinbase is a crypto asset trading platform that mainly provides blockchain technology and corresponding crypto asset management services, including storage, trading, investment, payment and transfer.
Founded by Changpeng Zhao in 2017, Binance is the world’s largest cryptocurrency exchange by trading volume.
Kraken is consistently named one of the best places to buy and sell crypto online, due to its excellent service, low fees, versatile funding options and rigorous security standards. Kraken has been at the forefront of the blockchain revolution since 2011.
Factors such as an exchange’s reserves, risk control system, trading limits and cash flow are of primary importance when selecting an exchange. Each of the exchanges listed above has its own advantages. The choice is yours.
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