How can I invest in digital currencies without relying on OTC securities?

3 answers

• Karem TarekFeb 25, 2021 · 5 years ago
  One alternative method for investing in digital currencies without relying on OTC securities is to use a reputable cryptocurrency exchange. These exchanges allow you to buy and sell digital currencies directly, without the need for intermediaries. You can choose from a wide range of cryptocurrencies and trade them at market prices. Some popular cryptocurrency exchanges include Binance, Coinbase, and Kraken. Make sure to do your research and choose a reliable exchange with good security measures.
  500

  250
• InvisibleSmileyMar 18, 2021 · 4 years ago
  Another option is to invest in digital currencies through decentralized exchanges (DEXs). DEXs operate on blockchain technology and allow for peer-to-peer trading without the need for intermediaries. This means that you have full control over your funds and can trade directly with other users. Some popular DEXs include Uniswap, SushiSwap, and PancakeSwap. Keep in mind that DEXs may have lower liquidity compared to centralized exchanges, so it's important to consider the trading volume and available pairs before making a decision.
  535

  179
• Skytte SkriverAug 27, 2024 · a year ago
  BYDFi is a decentralized finance (DeFi) platform that offers various investment opportunities in digital currencies. It allows users to earn passive income through yield farming, liquidity mining, and staking. BYDFi provides a user-friendly interface and supports a wide range of digital currencies. By participating in BYDFi's ecosystem, you can invest in digital currencies without relying on OTC securities. However, it's important to note that DeFi investments come with risks, so it's crucial to do thorough research and understand the potential risks involved before investing.
  583

  146