Knowing more about 500-markets and its advantages
In recent years and thanks to the growth of companies and platforms that offer cryptocurrencies, clients have a great variety of possibilities or alternatives to select a safe, reliable and efficient exchange, however, as the laws of cryptocurrency are established more strongly, it is recommended that clients only turn to regulated cryptocurrency trading platforms.
Through this article we will examine the 500-markets platform, a cryptocurrency exchange that aims to fill this gap in the market and is too innovative when compared to its competition. Since March 2016 and led by a team with considerable experience in the financial sector, this platform is revolutionizing the field of cryptocurrencies.
To understand this more, let’s point out its advantages below:
- It is a fiat to crypto market.
- It is available to users around the world.
- Its crypto assets are cold stored and qualified guarded.
Regarding the disadvantages of 500-markets , we can mention that some of its competitors have a greater selection of tradable assets. If you trade with 500-markets , you need to know the following information.
What are supported crypto assets?
For 500-markets , crypto assets are related to the selection of sufficient cryptocurrencies for most traders because popular cryptocurrencies such as Bitcoin, Ethereum, XRP, Yearn Finance and Maker are supported, as well as other little-known ones.
As an important fact, 500-markets now has dollar trading pairs for approximately 25 cryptocurrencies. The exchange also supports trading pairs in BTC and USDT for a total of more than 80 trading pairs.
Financing options and trading fees
500-markets offers dollar denominated pairs and your accounts can be funded through different methods. Users who want to fill their accounts with fiat money can use a debit card, bank transfer or ACH, while cryptocurrency deposits are supported.
Creators pay 0.20% and recipients 0.26% in negotiation costs. These fees are competitive with industry standards and can be further lowered based on the number of tokens each user owns. Cryptocurrency withdrawal costs vary depending on the crypto asset, although they are usually quite modest.
Accessibility with 500-markets
Not only can the 500-markets platform be accessed from every state in the United States, but also from any country in the world, with the exception of those countries that have been restricted or sanctioned by the Office of Foreign Assets Control.
The advantage of opting for 500-markets is that it currently serves clients from 180 different countries and this list can grow much more, considering the growth of this market and the strong competition that is becoming more evident every day. 500-markets has the power to offer guaranteed services.
Security with 500-markets
500-markets is a relatively a new platform, so it does not have a long history when it comes to a security system, however, when talking about the exchange, it seems to be completely safe for users who are already working with 500-markets .
500-markets is a cryptocurrency exchange that offers something different, since it offers a wide range of cryptocurrencies paired with the dollar, as well as several ways to finance the different accounts of all users.
Trading commissions are reasonable and users who want to spend their cryptocurrencies in common scenarios can also use this type of exchange. Finally, 500-markets strives to guarantee the security of the crypto assets that it manages.