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It can be difficult for beginners to choose the right platform for their needs. Read on to find out why zondacrypto is better than others.
The cryptocurrency market has over 600 active crypto exchange platforms, of which over 200 are centralized trading platforms, just like zondacrypto. However, most of these platforms have numerous shortcomings, acute operating issues, or lack essential features.
It can be quite difficult for crypto newcomers just starting their crypto trading journey to choose the right platform for their needs.
So why should you or people you know choose zondacrypto instead of a competitor platform?
Stick with us until the end of our new blog post to find out exactly why and how is zondacrypto better than other crypto exchanges.
Beginners can quickly end up disappointed with crypto trading in general, thanks to crypto exchanges that don’t meet their expectations or provide the services they need.
These are some of the main pain points of crypto exchanges that contribute to poor overall user experience:
High fees: Many exchange platforms claim to offer competitive trading fees while including pumped-up fees and hidden expenses in the form of large market spreads.
Poor security: Security is a crucial pain point for many trading platforms that offer little to no protection for user funds. Such platforms are prime targets for hackers, and if they get breached, users are often left without all their deposited funds.
No regulatory compliance: Various popular competitor platforms that offer hundreds of cryptocurrencies and numerous high-risk trading features actually lack regulatory compliance for supporting those features. These platforms are offering non-regulated, illegal services to users.
Overcomplicated user experience and platform design: Only the best crypto exchanges have truly user-friendly interfaces and offer a straightforward user experience. Many exchanges have poor interface designs and complicated operational mechanisms that make it difficult for crypto beginners to use them easily.
The above-listed factors are the most common issues faced by crypto trading platforms.
Well, zondacrypto just blasts right past these issues because we are offering a 5-star service in every segment of our platform.
Let’s have a look at how we do it.
For zondacrypto, security is a top priority, and there’s no calculation in which we’d rather introduce a plethora of new features and coins while sacrificing platform safety.
All of our features pass strict security tests before introduction to ensure there’s no possibility of security breaches. Our security team works around the clock to ensure the platform is protected against all types of threats 24/7. Our cybersecurity team is always on standby to react in real time if a possible security issue arises.
Unlike many competitors, we have never been hacked and intend to keep it that way.
We use strict anti-money laundering (AML) and Know-Your-Customer (KYC) protocols to prevent any illegal activities on our trading platform.
Many competitors either don’t have any AML and KYC procedures, or they have very lenient measures that aren’t efficient in preventing the misuse of their platforms for criminal activities. At zondacrypto, all users must adhere to the mandatory KYC protocol that requires users to prove their identity by providing personal documents and passing a short verification interview with our support team.
These measures might seem excessive for crypto newcomers, but they are essential for maintaining platform security and protecting all users.
Regulatory compliance is crucial for creating a safer and more secure trading environment for crypto investors. The European Union has recently introduced the MiCA bill, which aims to regulate the EU crypto market by setting clear rules regarding crypto trading platforms and other crypto-related businesses.
zondacrypto is the largest MiCA-ready trading platform thanks to our freshly updated Estonian operating licence. For users, this means that they can rest assured that when using zondacrypto, they are protected under EU laws in case of any unprecedented events and that our platform meets the highest security standards in Europe.
zondacrypto prides itself on its simplistic, smooth design that lets users invest, sell, and trade assets with just a few clicks. Our trading interface isn’t filled with dozens of small buttons without any explanations of what they do.
We have a clean interface and a streamlined trading experience fit for both beginners who have never used a crypto exchange before and for advanced traders looking for essential technical analysis tools.
Did we mention that we have low fees? Yeah, that’s what every crypto exchange platform says, but if you check our trading fee schedule, you’ll see that we really mean it.
Our trading fees are transparent and competitive, and they encourage users to trade more because the more they trade, the less they’ll pay in fees.
DISCLAIMER
This content does not constitute investment advice, financial advice, trading advice or any other type of advice and should not be considered as such; zondacrypto does not recommend buying, selling or owning any cryptocurrency. Investing in cryptocurrencies involves a high degree of risk. There is a risk of losing invested funds due to changes in cryptocurrency exchange rates.