With the exponential rate of growth in technological advancement, the digital currencies are gaining an upper hand and simultaneously offer a safer and secure currency system. Digital currencies like bitcoin have certain advantages over regular currencies in that they are inflation safe with many individuals already investing in this market. They are self-governed and managed by the individual investing in it that makes its integrity decentralized. It is supported by block-chain ledger that makes it less likely to decode, thus adding to extra security.
CRYPTOCURRENCY EXCHANGE PLATFORM:
But the best part is that the cryptocurrency can be exchanged in many different currencies that without crypto is usually harder to convert into. In UAE, which is a leading region in terms of marketing, luxury and novel stuff to try first, there are many exchanges available on crypto in UAE.
The investors need to know about the best crypto exchanges available in real time in UAE in 2022. Therefore, we have come up with the up-to-date information regarding this. Otherwise, it is difficult to choose from such a wide variety of exchange methods on the table. You need to keep in mind the commission that every method will charge, whether a suitable customer support is involved or not, and other parameters that are crucial to decide which one to go with.
eTORO: THE ONE YOU MIGHT BE LOOKING FOR
eToro is one of the leading crypto exchange platform in UAE. In 2022, it has turned 15 years old digital platform which is built on trust and hardwork. It supports more than seventy leading crypto currencies like Bitcoin, Ethereum, etc. eToro has a good number of users on board right now which equals to around 70 million users. Opening an account is just as simple, you can open your account with the regular personal information any other site involves. The fact that all of this digital makes the whole process much easier. The funding can be done by your debit card and you can start trading cryptocurrency with just 10 dollars. This makes it the most suitable for amateur investors and those who are there to explore this market.
COMPETITIVE COMMISSION:
You can deposit fund in your eToro account with just 0.5% commission for all the kinds of cryptocurrencies. 1% above the market spread is the cost for trade commissions, which is very competitive and cost effective. For withdrawal, just 5 dollars for commission, no matter how much the amount you wish to withdraw.
STOCKS ARE AN OPTION TOO:
eToro is not just limited to investment and exchanges in cryptocurrency. It offers investment in stocks that too with 0% commission. The eToro market covers thousands of stocks and EFTs, so you have a wide variety of potential options of stocks to consider investing in.
The services offered by eToro are not limited to what we discussed earlier. It has much more to offer but I hope I added some valuable information to your crypto exchange platform dilemma.
