How can I invest in digital currencies without intermediaries?
Mai Hoai BaoJun 02, 2024 · 2 years ago1 answers
I'm interested in investing in digital currencies, but I want to avoid intermediaries. How can I do that?
1 answers
- Jessica McKApr 18, 2022 · 4 years agoYou can invest in digital currencies without intermediaries by using a decentralized exchange. These exchanges allow you to trade directly with other users, eliminating the need for a middleman. Just be sure to choose a reputable decentralized exchange with good security measures in place. Another option is to use peer-to-peer trading platforms, which connect buyers and sellers directly. However, be cautious and only trade with trusted individuals. If you prefer a more hands-off approach, consider investing in digital currency funds or trusts. These investment vehicles pool money from multiple investors and invest in a diversified portfolio of digital currencies. Remember to do your research and only invest what you can afford to lose.
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