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How to Pick the Best Place to Trade Crypto

Note: As of May 31, 2022, Abra Perx has been paused. Abra Perx rewards mentioned in the article below are no longer active. New ways of using CPRX are planned for the future. We will publish updated details at a later date.

You’ve heard about crypto and have seen its massive potential, but with all of the different platforms out there, you may wonder where is the best place to trade crypto?

It’s easy to search online for an exchange and buy, sell or trade crypto easily, but how do you know if that platform is the best for you? How do you choose the right one?

For beginners, it’s important to consider a platform’s safety features, ease of use, and customer support services. Let’s dive deeper into those points and help you better choose what is the best platform to buy crypto. 

What to Look for When Choosing a Platform

Looking for the best platform to trade crypto can be overwhelming. But let’s look at some basics to help find out what’s right for you:

  • Security: It must be a top priority to pick a safe and secure platform. It should offer various ways to secure your identity, like multi-factor authentication or basic insurance to protect you against outside attacks.
  • Intuitive: A good platform should be easy to navigate and easy for you to find the cryptocurrency you’re looking for. For beginners who are still not familiar with cryptocurrency but want to invest, it should be as easy as possible to do so.
  • Helpful: A great platform must put its users front and center. If they need help, it should be easy to reach out to their customer support. It should also offer educational resources to keep customers up to date and help them navigate the crypto world.

Here at Abra, we’re a beginner-friendly crypto platform. We offer an easy-to-use app with all the security you need to protect your wallet and crypto. The app offers hundreds of coins to trade, CPRX rewards for trading or holding crypto, and you can earn yield on your stablecoins.

You can also apply for a crypto loan and get approval in less than 48 hours. Also, we have tons of articles and videos for you to learn more about cryptocurrency.

How to Setup an Account on a Platform:

Finding a great place that helps you trade cryptocurrencies is essential. But now let’s look at how to set up your account and buy crypto.

Most platforms are very intuitive and they’re more than happy to help you create an account if you find any difficulty. But, if you choose Abra as your cryptocurrency platform, it’s as easy as five steps to buy cryptocurrency today:

  1. Download the Abra app on your smartphone, Android or IOS.
  2. Complete the setup form. This will include your name, email address, country, and phone number. 
  3. Once that’s done, a code is sent to your phone. Copy the code and continue.
  4. You’ll then have to create the pin to access the app. Create and verify it, it’s important that you remember the pin, because that’s how you access the app.
  5. You’ll then have to write down the recovery phrase for your wallet. This phrase allows you to recover your wallet in case you lost access to it. For extra security, write it down on a piece of paper and store it somewhere safe.

Once that’s all done, you can simply write the cryptocurrency name you’re looking for on the search bar, fund your account by linking your bank account or credit card, it’s completely safe at Abra, and buy the amount of crypto you want.

Start Trading Crypto With Abra Today

Here at Abra, you’ll have a reputable platform and all the help you need to better understand crypto. Plus, you can start earning CPRX rewards for using our platform. Download the Abra app and start trading today!

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About Abra

Established in 2014, Abra is on a mission to create a simple and honest platform that enables millions of cryptocurrency holders to maximize the potential of their assets. Abra enables both individuals and businesses to safely and securely buy, trade, and borrow against cryptocurrencies – all in one place. Abra’s vision is an open, global financial system that is easily accessible to everyone.

Why Abra

Based in the United States, Abra is available in over 150 countries and makes it easy to convert between crypto and a wide variety of local fiat currencies. With over 2MM customers, $7B in transactions processed, and $1.5B in assets under management, Abra continues to grow rapidly. Abra is widely loved and trusted – in April 2022, pymnts.com reviewed and rated Abra amongst the top 5 most popular crypto wallets in the market. Abra is backed by top-tier investors such as American Express Ventures and First Round Capital.

How Abra Protects Your Funds

Abra places clients’ financial objectives and security first. Abra practices a culture of risk management across all levels and functions within the organization.

Abra employs a state-of-the-art enterprise risk management framework that comprises a comprehensive set of policies, procedures, and practices detailing all applicable risk-related objectives and constraints for the entirety of the business. Abra has instituted a complete set of requisite systems and controls that continuously enforce these policies, procedures, and practices to manage all operations, including credit and lending. Abra’s independent Risk Committee comprises experienced compliance, risk, securities, and fraud operations professionals with backgrounds in industries ranging from traditional and digital assets banking, payments, remittance, to fintech.

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