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| Local cryptocurrency exchange | Pros Has a social media feed that helps beginners connect and learn from the community CopyTrader function allows new traders to copy the trades of more experienced ones Provides educational resources geared toward newer traders Trade crypto, stocks and ETFs on the same platform Simple process to open an account Registered as a Money Services Business MSB with FinCEN and licensed in most states. Cons Only supports Bitcoin Custodial wallet Various limits on deposits, sales, etc. Finder score. Despite these drawbacks, crypto enthusiasts interested in trading a wide range of lesser-known cryptocurrencies will find what they are looking for on BitMart. The site offers an appealing user experience and is easy to navigate on the desktop and mobile app, which investors will appreciate. Users can also trade their cryptocurrency for other cryptocurrencies, and some exchanges allow users to earn interest on assets held within the exchange account. Finally, be aware that some exchanges require you to complete additional verification tasks to unlock full account features and permit higher transaction limits. |
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