Wynn-EX Exchange Summary
- Overall Rating
If you have been in touch with the online world, you must have heard about cryptocurrencies a lot. People have been finding them more and more interesting as they continue to realize the importance digital currencies can play in the coming times. Based on the demand from people from around the world, new exchanges emerge on the internet every single day. This has given interested and aspiring cryptocurrency traders and investors to pick their favorite exchange and trade on its platform. But the common challenge for all new crypto investors and traders is the peace of mind.
You see, buying and selling digital assets is like transacting any other asset in the world. Of course, the dynamics of the cryptocurrency market can be different, but the way of exchanging these digital assets is quite similar to exchanging any other assets. The problem arises when you take security into consideration. You can’t just shell out the money you have without any proper thought or research. You have to make sure that the online platform you are using for cryptocurrency buying and selling is reliable, safe, and secure. Without these three elements in place, I would never recommend you trusting any online platform.
With these important factors in mind, I can only put my finger on one name, which is Wynn-EX. I think that this online platform is probably the safest out there for trading cryptocurrencies of your choice. It offers great resources, some great digital currencies for trading, and the level of security and protection that you would expect from the best online exchanges. Let me tell you more about it.
Wynn-EX – Why You Get Peace of Mind with This Exchange
• Payments Are Secure
I can tell you from my personal experience that the biggest challenge for you when you are new to buying and selling cryptocurrencies would be to spend your first dollar or whatever currency you use. At first, you can’t trust anything that you see online. However, if you want to trade, buy, sell, or hold cryptocurrencies, you will have to spend some money. To do that, you will have to transfer the funds that you have in your account to an online entity. In this particular case, that online entity is none other than the crypto exchange we are talking about.
Now, the biggest demand and requirement that you should have at this point as a trader or investor should be the security of your funds. You can’t convince yourself to spend money unless you are sure it is safe. That’s where I think Wynn-EX does a great job. It allows you to make secure payments that you can send to the exchange without any security issues. The exchange requires no unconventional or unusual ways from you to send money. In fact, it will never ask you to send money in the mail in the form of cash. It uses only the most secure methods of payment transfer available to people around the world.
If you want to buy a digital currency that you think will perform well in the future, you can send money through your credit card. You can use the credit card because it is a tool that your bank has issued. You can trust it for sending payments to any online entity. If you have been using a credit card for many years, you probably already know how common they are for making online payments. The best thing about making a payment through your credit card is that your bank has its record. Secondly, it is one of the fastest ways of making payments.
On the other hand, you also have the option of transferring funds through a bank wire transfer. Bank wire transfer might not be as fast as sending money through your credit card, but it is definitely considered a safe method. In other words, you can use the methods that you think are the safest for making payments on the exchange.
• Your Information Is Safe
I don’t have to lay any emphasis on the point that your information is more important than the money you spend these days. When you lose your money, you just lose a few bucks that you had in your account or card. On the other hand, if you lose your information on the internet, you could lose your identity completely. The repercussions of losing your identity are much more than a temporary financial dent that you will incur if you lose your money. Imagine someone buying illegal arms on the internet while using your personal identification information.
However, the start of this information stealing takes place right on the website that you sign up on. When you choose an online broker or exchange, you have to make sure that they are using the latest and proper standards and protocols for protecting your information. That’s something you can find out from the website of the exchange that you are signing up with. The exchange will state on the website that it protects your information through encryption if it really does that. If there is no encryption in place, you can be sure that your personal and sensitive information will be traveling on the internet lines naked.
In that scenario, any hacker or beginning level can steal your information and harm you in more ways than you can imagine. You want to be sure that the exchange that you are using has proper SSL certificates installed. All the information that you provide on the website should be encrypted properly using the latest standards for it to be safe from cybercrimes.
• Use the Currency of Your Choice
The one thing that you will notice about online scams and fraudulent platforms is that they will ask you to deposit a particular currency in the account. They have their ways of converting the money that you deposit into the currency that they want to use. Based on the value of the currency, they always go for the one that they can easily use in any part of the world. However, you will not find yourself bound by any restrictions of this sort when you sign up with Wynn-EX. This is one of the rarest exchanges online that allow you to use the currency of your country without any problems.
You don’t have to deposit USD in your account if you don’t have access to that currency. You can use the currency of your country and buy the digital coins of your choice. At the moment, you can see on the website that you can use EUD and GBP in addition to USD for buying cryptocurrencies. This allows you to buy your favorite digital currency without going through several instances of exchanging the currency you have. If the exchange allows you to use only one currency and that’s not the currency of your country, you first have to exchange your currency into the currency that the exchange accepts.
After that, the currency that you have is converted into the digital currency that you are interested in buying. This way, you go through the exchange and conversion process multiple times. This causes you to lose money not only in the form of exchange rates but the fees charged by these services. So, if you want to avoid such a situation, you would want to sign up with an exchange like the one I am telling.
• Pick a Digital Currency You Like
If you are interested in trading digital currencies, you want to make sure that you can trade a lot of them. I have noticed this problem with many online exchanges that they are limited to a particular type of cryptocurrency. You too will notice this problem with many online exchanges. What they do is that they pick the most popular cryptocurrency and allow you to buy it from their platform. In other words, they are promoting only a particular type of cryptocurrency. Again, if you want to buy that cryptocurrency and you don’t have the currency that the exchange accepts, you will have to convert your currency multiple times.
You want to sign up on a platform where you can trade a variety of digital currencies. In this way, you can use your fiat currency to directly buy the digital coin that you are interested in. You won’t have to go to a third party to first convert your currency into a currency that your exchange accepts. Now, I am glad to tell you that Wynn-EX offers you a variety of cryptocurrencies for trading. You are not stuck with a particular type of cryptocurrency because that’s something I don’t prefer and like. You want to go for vast horizons rather than putting yourself in a narrow street where you know only about the dynamics of a particular cryptocurrency.
I can tell you that you will find a variety of online exchanges that allow you to trade only Bitcoin. That’s not a good approach because these exchanges are not promoting the use of cryptocurrencies. They are only promoting Bitcoin, which is the biggest cryptocurrency but not the lock, stock, and barrel of the industry. I urge you to try out the platform that you get from Wynn-EX for finding other cryptocurrencies as well. You can trade a variety of cryptocurrencies on this platform including Bitcoin, Ethereum, and some other really great digital coins.
• Get Professional Customer Support
You will get professional customer support when you sign up with Wynn-EX. I can’t say the same for other online exchanges that are providing you with their so-called professional platforms. The thing that I don’t like about many online exchanges is that they will let you at the will of their online community for all the customer support related issues. Yes, it is true that you can get a lot of your questions answered from the online community that’s trading on the same exchange. However, there are certain questions that you cannot get answered by the community. You have to have professionals from the company to be there to help you with those questions.
With some online exchanges, you really don’t have any way of contacting the exchange. They have an online community where you can ask questions and wait for another user like you to answer your question. If they don’t feel like it, you are stuck in the middle of nowhere. The exchange is never going to jump into the matter and help you. At the same time, if the online community requires you to disclose some personal information, you will not feel really comfortable. On the other hand, you don’t mind disclosing your personal information when you know you are talking to a professional from the company that you are signed up with.
I would hope that Wynn-EX does more than what it is doing already. At the moment, you will see a web-based contact us form on the website through which you can contact the company. You can fill in your personal contact details and describe your issue in detail too. Once you have filled out the online form, you can submit it in and wait for a response from the company professionals within 24 hours. Yes, it might not be as fast as contacting the exchange on the phone, but at least you have some way of contacting. It is not like you don’t have any way of getting in touch, which is the case with many online exchanges.
The one thing that I would like to mention here is that Wynn-EX should do more and put some training material on the website to teach new traders and investors what cryptocurrencies are all about. These people are hugely interested in trading digital coins. However, in most cases, they don’t know what cryptocurrencies are and how they are different from fiat currencies. With that information on the website along with some other training material, I think Wynn-EX can become one of the best exchanges in coming days. As for now, if you are interested in trading digital coins safely on the internet, I recommend Wynn-EX.