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For most people, this isn’t going to be an issue. After all, it does add to the security aspect of the platform - anyone questioning is Crypto.com safe should rest easier knowing that the platform only allows “legitimate crypto traders” to use it, thus making it more difficult for scammers and hackers to register and exploit some weakness. Crypto com us Antonio Pequeño IV is a breaking news reporter based in Los Angeles. Prior to joining Forbes, Antonio was a reporter with the San Fernando Valley Business Journal and Los Angeles Business Journal covering the local finance and biotech sectors. He is a graduate of CSU San Marcos and the University of Southern California. Tips: [email protected] | Twitter @pequeno04Crypto com bank
Do Not Sell My Personal Information Try unlimited access Price volatility has long been one of the features of the cryptocurrency market. When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability.