{"id":5600,"date":"2020-11-29T18:49:41","date_gmt":"2020-11-29T16:49:41","guid":{"rendered":"https:\/\/godex.io\/blog\/?p=5600"},"modified":"2021-10-15T13:00:06","modified_gmt":"2021-10-15T10:00:06","slug":"cryptocurrency-exchange-rates-where-to-find-better","status":"publish","type":"post","link":"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better","title":{"rendered":"Cryptocurrency Exchange Rates: where to find better"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_25_1 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#crypto_trading_essentials\" title=\"Crypto trading essentials\">Crypto trading essentials<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#how_to_trade_cryptocurrency\" title=\"How to trade cryptocurrency?\">How to trade cryptocurrency?<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#scalping\" title=\"Scalping\">Scalping<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#arbitration\" title=\"Arbitration\">Arbitration<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#formation_of_a_crypto_portfolio\" title=\"Formation of a crypto portfolio\">Formation of a crypto portfolio<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#buy_and_hold\" title=\"&#8220;Buy and hold&#8221;\">&#8220;Buy and hold&#8221;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#most_active_cryptocurrencies\" title=\"Most active cryptocurrencies\">Most active cryptocurrencies<\/a><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#best_places_to_buy_and_sell_cryptocurrency\" title=\"Best places to buy and sell cryptocurrency\">Best places to buy and sell cryptocurrency<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#cryptocurrency_rates_how_to_check\" title=\"Cryptocurrency rates how to check\">Cryptocurrency rates how to check<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#resources_with_live_cryptocurrency_rates\" title=\"Resources with live cryptocurrency rates\">Resources with live cryptocurrency rates<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#exchange_cryptocurrency_rates_to_consider\" title=\"Exchange cryptocurrency rates to consider\">Exchange cryptocurrency rates to consider<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#exchange_pair_how_to_define_it\" title=\"Exchange Pair How To Define It\">Exchange Pair How To Define It<\/a><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#faq\" title=\"FAQ\">FAQ<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#which_cryptocurrency_exchange_has_the_best_rates\" title=\"Which cryptocurrency exchange has the best rates\">Which cryptocurrency exchange has the best rates<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#which_is_the_best_cryptocurrency_exchange\" title=\"Which is the best Cryptocurrency exchange?\">Which is the best Cryptocurrency exchange?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#is_it_wise_to_invest_in_cryptocurrency\" title=\"Is it wise to invest in Cryptocurrency?\">Is it wise to invest in Cryptocurrency?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/godex.io\/blog\/cryptocurrency-exchange-rates-where-to-find-better\/#is_it_a_good_time_to_buy_crypto\" title=\"Is it a good time to buy crypto?\">Is it a good time to buy crypto?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"crypto_trading_essentials\"><\/span><b>Crypto trading essentials<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The cryptocurrency fever continues. &#8220;Digital gold&#8221; is still an attractive investment object, and trading is one of the most popular ways to make money on crypto money. In the current article, we will discuss crypto exchange rates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your earnings depend on several factors such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The amount of working capital. The more it is, the higher the trading income is.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The ability to trade. Buying any coin and waiting for it to grow is stupid. You need to analyze the market, buy, and sell on time.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The market situation.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The proper selection of currency is the most important and crucial moment as your earnings directly depend on it. Choosing a token always starts with market analysis. An investor should pay attention to the following factors:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">How popular the coin is.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Practical benefits. Blockchain enthusiasts are interested in crypto coins along with investors in terms of getting practical benefits out of them, for example, it is convenient to pay with crypto in online stores.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Exchange convenience. If a currency is not traded on exchanges and it is difficult to convert it into fiat, there will be no massive demand for it, which means that you should not expect a rise in its value.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Information field. If it is often written about a coin in the media, it grows in price.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Capitalization. The higher it is, the more difficult it is for the stock &#8220;bulls&#8221; to influence quotes.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Turnover. It makes no sense to buy a crypto coin, which daily turnover is only a few thousand US dollars.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"how_to_trade_cryptocurrency\"><\/span><b>How to trade cryptocurrency?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As a rule, each experienced trader has his own strategies, but if we summarize and highlight the most widely used ones, we get the following list:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"scalping\"><\/span><span style=\"font-weight: 400;\">Scalping<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We use short-time exchange rate movements, in other words, we do not open long time orders as the latter remain open for a few hours, minutes or even seconds. Being a classic active trading strategy it mitigates the risks associated with increased volatility of digital currencies.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"arbitration\"><\/span><span style=\"font-weight: 400;\">Arbitration<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We buy crypto on one site and sell it on another one but at a higher price. Popular tokens are traded almost on all the crypto exchanges. Their rates on different sites often vary. The method looks simple, but it has its pitfalls such as:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\"> Commissions of exchanges.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Transaction fees.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Volatility.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">If you choose arbitration, calculate the additional costs in advance.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"formation_of_a_crypto_portfolio\"><\/span><span style=\"font-weight: 400;\">Formation of a crypto portfolio<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We buy several tokens, both popular crypto-coins, and little-known but promising altcoins, and we are waiting for their growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a long-term investment method and one of the riskiest. But the risk is reduced due to the fact that there are different altcoins in the portfolio. If one token falls in price, the other can grow decently and compensate for losses.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"buy_and_hold\"><\/span><span style=\"font-weight: 400;\">&#8220;Buy and hold&#8221;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We buy online currency and store it in the wallet until it becomes more expensive.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The method is risky, but promising. When choosing a digital asset, attention should be paid not to &#8220;overheated&#8221; crypts, but to underestimated altcoins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trading Bitcoins or other altcoins on the exchange without relevant education and knowledge will be very difficult for successful results in this area. The main rule of money management is diversification, in other words, you can&#8217;t &#8220;put all your eggs in one basket.&#8221; Finally, industry experts do not recommend holding only one asset and trading a large amount (credit card, debt, real estate sales for investment purposes, etc.).<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"most_active_cryptocurrencies\"><\/span><b>Most active cryptocurrencies<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There are more than 1.7 thousand digital currencies in the world today with more than 600 active cryptocurrencies, and the market value of 30 coins is over $ 1 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When choosing options for investing in cryptocurrency in 2020, many analysts and popular members of the crypto community-recommended paying attention to the assets with a high capitalization and a good history.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin is the most widespread among them. In the context of the pandemic and the financial crisis of 2020, the BTC exchange rate has shown stability.<\/span><span style=\"font-weight: 400;\"> Due to the departure of altcoins from the market, Bitcoin continues to augment its positions as it accumulates investments from deceased projects.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethereum holds second place in the ranking of the most popular coins. The project developers are getting ready to transfer the cryptocurrency to the PoS algorithm. The changes will make ETH more sustainable and more manageable. According to crypto experts, ETC position allows this cryptocurrency with the smart contract technology to \u201cdictate the terms to the market,\u201d which makes it similar to Bitcoin. The independence of the project has a positive impact on the stability of its digital asset price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The market capitalization of Ripple&#8217;s cryptocurrency startup puts it in third place in the ranking.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The growth of users` number of the XRP-based technical solutions has a positive effect on the demand level for cryptocurrency, thus, new partners regularly join Ripple.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"best_places_to_buy_and_sell_cryptocurrency\"><\/span><b>Best places to buy and sell cryptocurrency<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">While planning to buy cryptocurrency a user understands the inherent risks of such operations either in terms of possible decrease in the price of coins or existing large amounts of scammers on the market who want to bask in inattentive or too gullible investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to avoid fraudsters, it is worth buying and selling cryptocurrency in reliable exchange services that have been gaining credibility over the years such as Godex.io. According to the ratings in the recognized surveys, Godex.io is one of the best crypto exchange services on the market nowadays, working with any amounts without limits. It neither works with third parties, nor uses incomprehensible exchange schemes or any hidden fees ensuring transparency of transactions. In order t<\/span><span style=\"font-weight: 400;\">o minimize the risks of crypto market fluctuations and financial losses Godex.io provides the customers with the fixed rate during the transaction proceeding until its completion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, the decision on when to buy or sell coins is in the sole responsibility of each investor.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"cryptocurrency_rates_how_to_check\"><\/span><b>Cryptocurrency rates how to check<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u0421ryptocurrency is an artificial payment system, equated to real money, with an official exchange rate. In simple terms, crypto exchange rate is the value of one cryptocurrency expressed in terms of another cryptocurrency or fiat money.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The factors for price movement forecasts which are standing behind the cryptocurrency rates are the following:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">News background<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Media are effective means of manipulating the public mainly for short-term forecasts.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Fear factor<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Opinion leaders often control the market through doubts, uncertainties, fears of missed opportunities but it is better to think for yourself and not always follow the majority.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Technical progress<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">New platforms, growing investor`s interest and the roll-out of innovative features have a positive impact on long-term rate growth.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Mutual influence<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Comparing the movements of different cryptocurrency rates, it is noticeable that some of them are in correlation with each other. Thus, many altcoins repeat the rise and fall of Bitcoin.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Political factor<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Political news can only warn about a short-term change in the exchange rate of a particular coin.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Social acceptance<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">The business industry is striving to implement blockchain technologies into its infrastructure and the range of application of cryptocurrencies as a means of payment or investment is expanding.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Internal competition<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">So far, Bitcoin takes a leading position, but its technology has long been recognized as imperfect, the network will sooner or later reach a critical point, and then the coin will give way to more modern solutions.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Security concerns<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Just one mistake in the code can deprive thousands of cryptocurrency owners of funds and lead to a market crash.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"resources_with_live_cryptocurrency_rates\"><\/span><b>Resources with live cryptocurrency rates<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Along with the crypto industry, websites accumulating statistical data, storing historical information, building charts, showing exchange rates live and influencing the market began to develop.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/coinmarketcap.com\/\"><i><span style=\"font-weight: 400;\">CoinMarketCap<\/span><\/i><\/a><span style=\"font-weight: 400;\"> is the most quoted crypto resource and a free tool for cryptocurrency analysis. Both newcomers and old-timers of the industry know about it. The main page, by default, shows the rating of coins by capitalization, indicating prices, trading volumes per day, cryptocurrency rates live, the amount of currency in circulation, and other data.\u00a0<\/span><\/p>\n<p><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.cryptocompare.com\/\"><i><span style=\"font-weight: 400;\">CryptoCompare<\/span><\/i><\/a><span style=\"font-weight: 400;\"> is a real portal about cryptocurrencies, which is not limited to charts and statistics, but also publishes articles, educational materials, collects news, maintains a forum, and allows tracking users&#8217; personal investment portfolio. The data on the site includes reviews and ratings of crypto exchanges, wallets, ASICs, video cards, and ICO projects.\u00a0<\/span><\/p>\n<p><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\/\"><i><span style=\"font-weight: 400;\">Godex.io<\/span><\/i><\/a><span style=\"font-weight: 400;\"> exchange service brings forth the live tracking on actual rates, rate changes, the trading volume of <\/span><span style=\"font-weight: 400;\">(200+) crypto coins. For the purpose of ensuring the optimal rate for the customers, Godex.io interacts with top reliable crypto exchanges in order to bring forth the relevant trading essential features along with exchange rate comparisons.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"exchange_cryptocurrency_rates_to_consider\"><\/span><b>Exchange cryptocurrency rates to consider<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The price of cryptocurrencies is set on the basis of a floating exchange rate, which is regulated during direct trading on cryptocurrency exchanges. The formation of the crypto prices is determined by the following features:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Decentralization of cryptocurrencies means that there are no direct regulators, such as central banks, that can influence the price of a currency, reduce its daily volatility, and also determine the base interest rates.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Lack of a legal framework that prevents various speculations, since cryptocurrencies are still not legally described in most countries.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Purchasing power parity may vary widely from country to country.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The price of cryptocurrencies is provided by supply and demand on the exchange, just like ordinary money. However, classical national currencies stimulate demand (and, consequently, the price) for their currency also with regard to legislation.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">By tracking order books on major cryptocurrency exchanges, you can get a real picture of the short-term supply and demand trend, find out where and at what price stop-losses, and buy-ins are accumulated.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The bulk of cryptocurrencies is a deflationary commodity by definition due to technical restrictions on coin issuance, which is not the case for national currencies.\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Despite being pegged to real money like the US dollar or the euro, digital money is &#8220;valuable in itself.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When making forecasts for price movement, analysts use a huge number of tools. One of them is the trading volume indicator, which is an important part of technical analysis which is tracking the number of transactions made for a specific cryptocurrency over a selected period of time and monitoring the existing demand for the token and fixing its rise or fall. When analyzing a particular pricing model, it is expected that its completion will be accompanied by an increase in trading volume.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"exchange_pair_how_to_define_it\"><\/span><b>Exchange Pair How To Define It<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">All users join the market only after a fundamental analysis including consideration of several cryptocurrencies in order to select the asset that can result in the maximum profit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">First, you need to find out the most sought-after crypto trading pairs on most exchanges. As usual, we see a lot of orders with a particular coin to USD pair. If we talk about cryptocurrency pairs, then BTC\/ETH, BTC\/LTC, USDT\/BTC, ETH\/LTC are the most popular ones.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Via Godex.io you may find out the exchange rate of the more than 200+ crypto coins and their trading pairs. For example, you may easily check <\/span><span style=\"font-weight: 400;\">XMR to ETH exchange rate<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">XLM to ETH exchange rate<\/span><span style=\"font-weight: 400;\"> or <\/span><span style=\"font-weight: 400;\">ETH to VET exchange rate<\/span> <span style=\"font-weight: 400;\">comparing coin 1 and coin 2 in the trading pairs using the Godex calculator.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Exchange, for example, USDT or TRX to ETH, NAS to MCO, and many more without any risk and on favorable terms from Godex.io reliable partner platforms. You will find the most profitable <\/span><span style=\"font-weight: 400;\">USDT to ETH exchange rate<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">TRX to ETH exchange rate<\/span><span style=\"font-weight: 400;\">, and <\/span><span style=\"font-weight: 400;\">NAS to MCO exchange rates<\/span><span style=\"font-weight: 400;\"> on Godex.io platform which are fixed until the conversion is completed protecting the customers from the unpredictable rate fluctuations.<\/span><\/p>\n<h2><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"faq\"><\/span><b>FAQ<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"which_cryptocurrency_exchange_has_the_best_rates\"><\/span><b>Which cryptocurrency exchange has the best rates<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Among a huge variety of existing crypto exchange platforms cryptocurrency exchange services like <\/span><i><span style=\"font-weight: 400;\">Godex.io <\/span><\/i><span style=\"font-weight: 400;\">with the fixed rates play a very significant <\/span><span style=\"font-weight: 400;\">role.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Such an exchange service guarantees the fixed rates which do not change during the whole duration of the transaction from the order creation until its full completion regardless of market fluctuations.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"which_is_the_best_cryptocurrency_exchange\"><\/span><b>Which is the best Cryptocurrency exchange?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There are three adequate methods for purchasing and selling crypto such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Exchanges;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Payment systems like<\/span><span style=\"font-weight: 400;\"> Payeer, PerfectMoney, Advcash;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Online exchange services.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">They all work online so that you do not need to get up from your computer and go somewhere. There is a fourth way which means dealing directly with the seller or the buyer. This method is dubious as firstly, it is impossible to conduct it online. The chance of fraud stubbornly tends to 100%. Secondly, it is inconvenient, you should go to a personal meeting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Godex exchange service being an intermediary company helps people make transactions with virtual coins. This method of exchange is broadly preferred due to the high level of security. Godex.io gives its customers the following advantages which include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">High operational speed.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ease of trading. No registration required.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Profitable transactions without exchange limitations, a small commission, fixed coin rate.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"is_it_wise_to_invest_in_cryptocurrency\"><\/span><b>Is it wise to invest in Cryptocurrency?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There is an opinion that digital money will soon replace fiat money but most probably this will not happen in the next 20-30 years. People will continue to receive income in fiat, companies will file reports and pay taxes in fiat. Yes, payment for services and goods in cryptocurrencies will gain momentum, especially in areas where the use of fiat creates problems. Therefore, the development of crypto processing systems is one of the trends of 2020 and the significant reasons for investing into cryptocurrencies are the following:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\"> Haters turn into active supporters. JP Morgan CEO Jamie Dimon in 2017 considered Bitcoin as a scam and now his company is creating its own crypto coin.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Trading firms that are accepting cryptocurrencies as a means of payment grow in number. Here are some examples:<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Mastercard creates a debit card with Bitcoins;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fidelity is committed to offering crypto trading.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"is_it_a_good_time_to_buy_crypto\"><\/span><b>Is it a good time to buy crypto?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">2020 brought an enormous number of events to humanity. The coronavirus pandemic led to the widespread quarantine, closure, and bankruptcy of many small and medium-sized businesses caused a collapse of global financial markets, which led to a crisis, job cuts, and other negative consequences.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the moment, the situation in the financial markets is uncertain. The threats associated with the second wave of COVID-19 as well as the US presidential elections could negatively affect the quotes of risky assets and positively affect defensive assets. Uncertainties always put pressure on global financial markets and can bring losses to investors. This fact raises a completely logical question: is it worth investing in such a turbulent time?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2021\/22, most members of the crypto community believe that the BTC value will rise to at least $ 50,000. If to speak about other altcoins, it is worth paying attention to the DeFi development, in which Ethereum plays a key role.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table of Contents Crypto trading essentialsHow to trade cryptocurrency?ScalpingArbitrationFormation of a crypto portfolio&#8220;Buy and hold&#8221;Most active cryptocurrenciesBest places to buy and sell cryptocurrencyCryptocurrency rates how to checkResources with live cryptocurrency ratesExchange cryptocurrency rates to considerExchange Pair How To Define ItFAQWhich cryptocurrency exchange has the best ratesWhich is the best Cryptocurrency exchange?Is it wise to invest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[132,134],"tags":[117,1390,505,1844],"yst_prominent_words":[],"class_list":["post-5600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-currencies","category-popular-posts","tag-crypto-exchange","tag-crypto-price","tag-cryptocurrency","tag-exchange-rates"],"lang":"en","translations":{"en":5600},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/comments?post=5600"}],"version-history":[{"count":2,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5600\/revisions"}],"predecessor-version":[{"id":5603,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5600\/revisions\/5603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media\/5602"}],"wp:attachment":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media?parent=5600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/categories?post=5600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/tags?post=5600"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=5600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}