Security: The platform should offer robust security measures to protect your investments.
User Interface: A user-friendly interface ensures you can navigate the platform easily without feeling lost or frustrated.
Transaction Speed: Fast transaction times are crucial for trading or using Bitcoin for everyday purchases.
Customer Support: Access to responsive customer support is vital for resolving any issues quickly and efficiently.
Playbook
Research Thoroughly: Look at reviews and ratings from other users to gauge the reliability and reputation of the platform.
Create an Account: Sign up on your chosen platform. Make sure to follow all steps to complete the registration process.
Deposit Funds: Once your account is set up, deposit your funds securely. Check if there are any specific requirements for deposits.
Verify Your Identity: Most reputable platforms require identity verification to ensure compliance with regulations. Follow the instructions provided by the platform.
Browse Available Options: Explore the available trading pairs and decide which one best SUIts your investment strategy.
Set Up Alerts: Use the alert feature to get notified about significant market movements or price changes that might interest you.
Contact Support if Needed: If you encounter any issues or have questions, don't hesitate to reach out to customer support for assistance.
Question
What should I do if I encounter issues with my Bitcoin transactions?
Contact the customer support team of the platform you're using. They should be able to help you troubleshoot any problems or provide guidance on how to resolve them effectively.
Risk management you can actually use
Risk per trade = account equity × risk% (e.g., 1%).