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Are There Crypto Investment Firms? - Investment - Nairaland

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Are There Crypto Investment Firms? by Medvic: 4:29pm On Jul 25, 2022
A Crypto investment firm is one that allows you to easily buy, sell, deposit, withdraw and also hold your crypto assets.

These firms are responsible for managing your crypto assets and also provide security for them. They also provide liquidity for crypto trading, which includes providing funds for instant swap and coins for easy buys. Some of these firms even act as over the counter for larger purchases of crypto assets.

Several Crypto firms are out there, picking the ones that suits you can be challenging, as there are several services rendered by each, which could be affected by your location, for example there are countries that do not allow banks to deal in Cryptocurrency, which makes it impossible to directly buy crypto using banks.

It is the responsibility of these firms to however provide a means for people to have access to crypto. A typical example is Nigeria, where access to crypto was taken away from banks, but nonetheless, you can still buy Cryptocurrency in Nigeria on exchanges like Quidax[https://app.quidax.com/markets/btcusdt].

An important thing to watch out for is security. For example, if you’re using multiple crypto exchanges and wallets, it can be difficult to monitor each one. As with any investment, there are financial risks involved. With crypto asset management companies or platforms, you have a dedicated avenue that consolidates your investment portfolio, allowing you to monitor your asset’s progress or performance in real-time and mitigate potential risks.

Look out for exchanges that store assets offline, otherwise known as cold storage, as it is difficult for hackers to gain access into these platforms and steal people's funds.

Also ensure you look for social media platforms like Telegram[https:///QuidaxGlobal], Discord and the likes, where updates and timely information a shared and discussed about crypto and the respective firms
Re: Are There Crypto Investment Firms? by fman(m): 4:33pm On Jul 25, 2022
90% of them are scammers
Re: Are There Crypto Investment Firms? by Medvic: 5:01pm On Jul 25, 2022
fman:
90% of them are scammers
Not the reputable ones we have in Nigeria
Re: Are There Crypto Investment Firms? by Qre1: 6:39pm On Jul 25, 2022
Using automated trading bots to trade binary options on deriv

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