Is KoinBasket the new ray of hope for crypto investors in this gloomy market ?

Recent events associated occurrences within the Crypto house have LED to an outcry on the importance of self-custody, following the aftermath of FTX’s and Alameda meltdown. the favored phrase “Not your keys, not your coins” or “Not your keys, not your crypto” are creating rounds on the web, reigniting debates on the importance of self-custody. This ruinous event has left a nasty style within the mouth of investors, and can’t be deuced for reacting this fashion. However, suggesting a whole ridding of CEXs are going to be a case of “throwing the baby out with the bathwater” as a result of in terms of growth in crypto adoption, centralized exchanges have contributed quite DEXs. 

The focus of this piece is to explain how KoinBasket is different, highlighting the prudent and meticulous approach employed to ensure that the risk associated with crypto investment is reduced to the lowest minimum. 

How is KoinBasket Different?

Founder and CEO of KoinBasket, Khaleelulla Baig, in a statement, strongly expressed his dissatisfaction with bad players in the industry, distancing KoinBasket from dishonest practices and also asserting his position on the importance of self-custody;

 “Are you freely giving the custody of your funds and assets to crypto commercialism corporations, bots & managed portfolio providers?  Beware! They lure you in with the promise of simple cash, then again take your cash and leave you high and dry.” 

Investor welfare and long run growth is predominate for United States since our conception, therefore we’ve consciously determined to not chase unhealthy growth of users and revenue that otherwise comes from taking custody of user funds/ assets and fatal commercialism activities like leverage commercialism, trading, which period and once more have tested to be the only commonest issue for the collapse of thus referred to as nice comes like stargazer, terra luna ,FTX, BlocFi etc. 

He further explains KoinBasket’s different approach;  

“At KoinBasket, we tend to 1st permit users to follow crypto commercialism through our demo commercialism platform (no pre-conditions) and once they gain enough expertise and confidence, the users have the choice of investment in live markets whereas users keep complete management of funds and assets with them” He any remarked.

We solely integrate with regulated exchanges and don’t obtain access to user’s secret API keys, assets and funds.The platform goes a step any in providing a secure commercialism atmosphere by serving to users stand back from risky commercialism merchandise and activities like leverage commercialism and trading, additionally we tend to don’t lure users with the promise of high-yields during a short amount of your time. Rather, the platform is made on serving to the crypto capitalist solve the “age-long” investment perplexity through meticulous basic analysis and prudent fund allocation unfold across multiple crypto sectors and comes. 

Our focus is on providing well-researched crypto baskets for investors. The engine behind KoinBasket collates complicated crypto information in time period, analyzes it in sight of this market trends, past performance and valuation, and at last prepares theme relevant crypto baskets. As such, we tend to don’t deny the apparent risks related to the crypto trade, rather, our primary objective is to extend the probability of success and mitigate the risks concerned.

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