The major difference between cryptocurrency trading and the stock market is that in the stock market you can trade with INR, USD, or any other fiat currencies.

But in the crypto trading platform, you can trade with digital currencies or digital assets like Bitcoin (BTC), Ethereum (ETH), Altcoin, Ripple (XRP), etc.

Each of the exchanges has its market with a difference in the local demand and supply.Bitcoin would be considered as the gold standard among all other crypto assets.

The price of other coins over BTC has been mentioned in the exchange.

you should buy a cryptocurrency with a credit card or fiat currencies according to each of the countries and stored it in an electronic wallet.

You will be allowed to create an account with your basic personal details.You will receive an OTP to your registered mobile number.

If you are looking for crypto trading platforms, there are several cryptocurrency exchange sites available but you have to consider some of the essential factors before choosing it.

Don't get into the wrong platform that leads to potential loss and waste of effort.

The right platform will help users to buy, sell, and trade their cryptocurrencies safe and at ease.

Koinbazar - one of the best centralized p2p cryptocurrency exchange platform allows users to buy, sell, and trade their assets.

And also it comes with a crypto wallet that helps to store your cryptocurrencies for a long term or frequent trading.In this article, we will help in choosing the best platform as per your expectations.

And also you will find the crucial factors to look up before selecting the best cryptocurrency exchange platform.Important aspects to look for cryptocurrency or bitcoin exchange:AML or KYC:Every cryptocurrency exchange sites follow different laws.

Presently, satoshi the smallest Bitcoin unit, or it can be referred to as 0.00000001 Bitcoin.Bitcoin is one of the most popular cryptocurrency worldwide.

It can also be used for purchasing goods that accept bitcoin payments.

And also it can be exchanged to both the traditional as well as digital currencies, with the help of cryptocurrency exchange platforms like Koin Bazar, Binance, Paxful, etc.

With the help of Bitcoin, you can use it for illegal purposes like buying illegal drugs from the dark marketplace.There are many benefits of using bitcoins but the main advantage is that it has over traditional banks is the fact which allows international payments to go through without the worry of currency conversions.Benefits of having a Bitcoin (BTC):Moreover, Bitcoin has many benefits but here we going to look at the major benefits of bitcoin.Low Transaction Fee:The transaction fee for Bitcoin payments is very low when compared to credit and debit card payments.

Nobody could freeze your assets.Ecosystem is Safe:Every Bitcoin wallet transaction is signed by the authenticated digital signature before it's sent to the blockchain.

Inflation occurs when the Government proceeds more money over the year while decreasing the purchase by the people.

Before starting their journey in cryptocurrency trading, one of the major confusion that the traders have been facing every time is spot trading or margin trading & which one is suitable for us.

It takes into account within the time of the payment.For example, if you are buying $2000 worth of Ethereum (ETH) with a spot trading process, you will need to have a balance of $2000 into your account at the date of settlement (usually T+2 days of the trade).

Since you can trade from the balance which you have and also wouldn't be ended up losing more than that you have already into your account.Disadvantages of spot trading:The disadvantage of spot trading is that in some situations managing your risks could be downfall itself.

Because, you have limited balance in your account, and you can't take full benefits of good trading opportunities.

With $2000, you can make much profit from it.What is margin trading?The concept of margin trading is that, trade your funds acquired by the third party to leverage your position and it's not like spot trading.

At the time, you need to keep 1% of the amount in your account to keep the position open.