Beginners Guide: Cryptopia Exchange Review
Cryptopia is a New Zealand-based crypto exchange that enables the buying and selling of cryptocurrencies.
There are 3 properties that make Cryptopia unique. The first is that it has a large number of cryptocurrencies listed on its platform. The exchange currently has over 550 cryptocurrencies listed on its platform, as opposed to the norm of 200. This makes it a good place to buy low-cap coins that would rarely be found on other exchanges.
Its second unique feature is that it is a peer-to-peer exchange. This means that transactions made via Cryptopia do not go through the exchange; rather, you are purchasing directly from other users when you buy. Users create orders and other users fill them.
And finally, Cryptopia has a marketplace that allows users to buy and sell anything using cryptocurrency.
Cryptopia is a crypto-to-crypto exchange and has trading pairs with BTC, USDT, LTC, DOGE, and NZDT. NZDT is a cryptocurrency token released by Cryptopia and tethered to the New Zealand dollar, just like how USDT is tethered to the US dollar.
How to Open an Account on Cryptopia Exchange
Step 1: Register
The first step in using Cryptopia is to register on the platform. Click on Create an account on the Cryptopia homepage, as shown below.
Another option is to use Register at the top right corner. Attention should be paid to the address bar of the browser. It is important to check for the secure sign on the address bar (circled in blue) to avoid being scammed.
The registration requires basic information to get started on the exchange. The registration page looks as shown below.
Username, email address, and password are the only requirements for registration. However, once an account has been created, more details about the users can be entered into the platform later on.
The password is expected to be strong, hence the platform requests that the password include lowercase letters, uppercase letters, numbers, a unique character (e.g. @#$%), and a minimum of 8 characters in total. This is to make the password strong enough to prevent hackers from easily guessing it and gaining access to the users funds.
When the registration form has been properly filled, the user checks the I agree checkbox for the terms and conditions, and takes the reCAPTCHA test. Then the account is created by c ...Read full story on Invest In Blockchain