With India emerging as one of the fastest-growing crypto markets in the world, more and more investors are trying to explore the Indian crypto space. However, due to multiple trading options and exchange platforms, they remain confused about “which is the best trading exchange” or “which is the safest trading platform” to start their investment journey. If you are also a budding or experienced investor, this article will help you out with creating an account on the crypto exchange, account verification, security precautions, trading tools, and buying and selling coins on Coinsbit. Here we will guide you on what a crypto exchange is and how to trade on Coinsbit. What is a Crypto Exchange? Before we learn about Coinsbit, let us understand “what is a crypto exchange” and “how does it work”. An online marketplace that facilitates the buying, selling and trading of cryptocurrencies is referred to as a cryptocurrency exchange. It allows the investors to trade cryptocurrencies in the exchange for fiat money or digital currencies. A digital wallet is also provided by a crypto exchange to users to store their funds or digital currency in electronic forms. There are many crypto exchanges i.e. Coinbase, Binance, Kraken, Coinswitch Kuber, Bitbns, etc. In addition to trading tools and services, a crypto exchange provides users with services such as a list of tokens, order book, market history, price chart, and performance history. What is ...
