I feel that we will see the most meaningful changes in blockchain technology ever this 2022. Furthermore, in 2022, I believe we will have a major influx of new ICOs from small and medium-sized businesses that we cannot raise capital in the current climate.
What to expect in 2022?
Knowing that they can raise funds and avoid institutional manipulation by not going through an investor’s pipeline simplifies the difficulty of raising seed capital for startups.
The other big change we’re going to see this 2022 is a panic sell-off as crypto-token prices start to rise again. Many investors are preparing for the peak of the crypto bubble. And they are searching for lower prices to either hold or liquidate all of their holdings. As prices rise, cryptocurrency values will decouple from the traditional economy.
If you are thinking of investing in cryptocurrency this 2022, I advise you to choose wisely. Identifying your entry and exit points will be very helpful because the peaks and valleys of the market will look more volatile than ever before. Here are the best avenues to invest in Solana.
1. Coinbase
Coinbase is #1 on the list for many reasons. To start, Coinbase is the most popular cryptocurrency exchange and a favourite among new and experienced traders. We highly recommend using it to purchase your first ether because of the ease of use and intuitive interface that makes purchasing and trading your crypto tokens as easy as possible.
Coinbase is an online wallet service that provides a secure place to store your Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
The majority of traders use its market news feed to earn profits. Don’t worry because trader funds here are safe since this broker is FCA-regulated.
This platform has no deposit and withdrawal charges. Meanwhile, the trading fee is just 0.5%, with a minimum deposit of $2.
It allows SEPA transfers, credit cards, bank transfers, etc., regarding payment options. Moreover, mobile and desktop versions are easy to use, allowing you to buy Solana coins easily.
2. Binance
The second best choice for purchasing Solana is Binance, the most popular cryptocurrency exchange in the world. They offer a large selection of crypto tokens, including BTC and ETH.
Binance is a cryptocurrency exchange based in China that allows its customers to trade multiple cryptocurrencies. It is designed for those who want to create an account and get started quickly with a number of popular cryptocurrencies.
On the other hand, Binance is one of the few digital currency exchanges that offers a mobile app for Android and iOS.
In addition, unlike many other cryptocurrency exchanges, most coins on Binance do not require verification to trade. The website’s clean interface makes it easy for traders to get the most out of their trading experience.
The only downside is that Binance does not offer fiat currency (USD) trading pairs.
3. Uphold
Are you searching for a cross-asset trading platform? Here is Uphold exchange to serve you. Unlike other platforms, its interface lets users go directly to different assets.
Not only that, the platform enables limited orders during trading. This means that you can buy and sell Solana coins at a particular target price. In addition, Uphold supports a wide range of assets such as stocks, precious metals and many more.
You can also do instant transfers for as low as 0.2%. For bank transfers, either withdrawal or deposit, there is no charge. But if you will fund your account through a debit or credit card, you need a 3.9% charge fee.
4. eToro
The Solana coin’s last spot is eToro, a popular and powerful online trading platform for cryptocurrencies. The eToro platform provides several trading solutions for its users, including simple and advanced charting functionality.
In addition, it also lets you manage your portfolio of digital assets through many advanced tools. Finally, the interface is user-friendly, both on desktop and mobile platforms.
Besides the excellent chart function, this platform allows investors to quickly analyze all the relevant information they need before making a trade decision.
The platform supports 7 different fiat currencies and 18 different crypto-tokens. One of the best features of eToro is its ability to connect to several other trading platforms.
Unlike other exchanges, the website is fully functional even when you don’t have an account. Also, its easy-to-use interface makes it very useful for beginners who are looking for a simple way to gain cryptocurrency knowledge.
Wrapping Up
With huge changes about to happen in the blockchain industry in 2022, it would be wise for any investor or trader to start learning as much as possible now. Although things are not as easy when you start, I believe that the more knowledge you have, the better your chances of success.
If you are looking for a simple way to get started, taking an online cryptocurrency course will help you build your foundation and give you more exposure to opportunities.
