1.
Compare exchange rates using different exchange platforms.
To get the maximum benefit from the exchange, pay attention to the rate of currency. The difference of prices can be quite impressive: in the summer Ethereum exchange rate gap in different exchangers was up to 15 dollars. In large transactions, this difference converts into a serious amount.
2.
Check the reputation of the exchange platform before using it.
Some of the funds and the exchangers may delay the payment. It happens that payments wholly disappear, especially during the withdrawal of funds to bank cards. Don’t be lazy before the transaction and read reviews about the platform. The more in-depth analysis you conduct, the better.
3.
Always check the address for dispatch
Be careful when typing the data of the wallet to which you are going to send the cryptocurrency. Not all services have the possibility to copy the address of their wallets to the clipboard, so be sure to check if you typed everything correctly. One wrong sign or symbol — and your money will go nowhere. The common mistake is sending bitcoin cash to bitcoin addresses, despite the fact that these are two different cryptocurrencies.
4.
Be sure in your decisions.
If you are not engaged in trading professionally, after the purchase you don’t have to monitor constantly the rates of cryptocurrencies. It’s more harmful than helpful to calculate how much would you have earned if you would have waited. The currency rate may be rolled back, but not your nerves.
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