paint-brush
How to choose a Cryptocurrency for trading on an Exchangeby@evan-ducktator
1,248 reads
1,248 reads

How to choose a Cryptocurrency for trading on an Exchange

by Evan Ducktator3mSeptember 9th, 2019
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

There’s a number of intricacies of trading cryptocurrencies that come into play once getting to know how an exchange operates. At CoinMarketCap one can find rankings according to various factors. The price and the trading volume are advised to look at both separately and together. Low price of a coin is not necessarily a positive sign to judge upon. Low demand is created, which decreases the coin value. However, it has to be mentioned that this does not apply to all the coins in the market, so an initial research is always recommended.

Company Mentioned

Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - How to choose a Cryptocurrency for trading on an Exchange
Evan Ducktator HackerNoon profile picture
Evan Ducktator

Evan Ducktator

@evan-ducktator

Freelance author

Learn More
LEARN MORE ABOUT @EVAN-DUCKTATOR'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Evan Ducktator HackerNoon profile picture
Evan Ducktator@evan-ducktator
Freelance author

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
Cryptocoinspy
Cryptofans
Learnrepo