π Ok, you have cryptos, now which exchange to choose?
The choice depends entirely on what you're trying to do.
Here's what I discovered:
π Simple brokers = easy but expensive (1-2% fees, limited coin selection)
π Major exchanges = huge selection with 0.1% fees or lower
π Specialized platforms = perfect for specific needs like cashing out to fiat
π₯ Decentralized exchanges = no KYC, trade directly from your wallet
What really matters is matching the platform to your goal.
β Need thousands of altcoins? Go centralized with low fees.
β Want privacy? Go decentralized.
β Converting back to cash? Pick the one with the best fiat rails.
The biggest mistake out there? People picking one exchange and forcing it to do everything. That's like trying to eat soup with chopsticks π₯’
But, keep your capital secured (remember FTX...). Don't leave everything sitting on exchanges longer than necessary πΈ
At @terminus_pos, we've made this simpler by accepting payments from major exchange wallets like KuCoin Pay, Binance Pay, and Gate.io, plus all decentralized wallets too.
What's your go-to exchange and why? π
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