Let’s talk platforms or also known as cryptocurrency exchange. These are platforms where you can exchange your money for crypto. It is also important to know the difference between a cryptocurrency exchange and cryptocurrency wallet as people get confused with these.
The difference with this, is that a wallet is a place to store your crypto.
And an exchange platform lets you convert “real money” like NZD or AUD dollars to cryptocurrencies like Bitcoin.
Remember “Not your Keys, Not your Crypto.” Think of an exchange like a tool that allows you to purchase crypto.
Easy Crypto
Easy Crypto is a reputable platform, they make it easy to buy, sell and swap digital currencies. You can purchase through them and they will send it directly to your wallet, which makes it coinvent. They are based in New Zealand, Australia and South Africa. They also have a wallet that is easy to use.
Binance
Binance is a perfect option for beginners and experts. The platform offers a Binance Lite option for those starting out so the usability is great.
CoinSpot
CoinSpot is one of Australia’s crypto exchanges. it’s a platform allows users to buy and sell a wide range of cryptocurrency coins and tokens.
Swyftx
Swyftx is an exchange based in Australia where you can buy, trade and sell a range of crypto.
Wrap up
This is just an idea of the option. Personally, Easy Crypto is great to use and they are transparent on the fees. Deciding which crypto exchange platform to use is entirely up to you and finding what suits your needs. It’s always important to weigh up the fees you’d pay as these can accumulate.