For many people wanting to enter the crypto markets, the world of digital currencies may seem daunting. On the one hand, investors may see the tremendous potential of this relatively new realm in the financial world and fear missing out on the great opportunities it presents. On the other hand, there is the fear of the unknown, a lack of knowledge about the basic mechanics involved in cryptocurrencies, and confusion about the many different types of digital investment vehicles available. And, of course, there is the aversion to risk in a market that often resembles a wild rollercoaster ride.
Forbes reports that the CoinMarketCap record shows approximately 22,932 cryptocurrencies of different types launched since Bitcoin first emerged just a decade and a half ago. Meanwhile, nearly 600 cryptocurrency exchanges are currently available worldwide, which can vary greatly in terms of costs, quality, level of service, and safety.
With such a myriad of options, the question begs: Where to start?
One great option for budding crypto investors, as well as experienced traders of all levels, is an up-and-coming centralized exchange called Bitget. For beginners, it offers innov…
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