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Should You Buy Cronos (CRO), Binance Coin (BNB) or Calyx Network (CLX)? Read This Before Investing in Crypto Exchanges

Should You Buy Cronos (CRO), Binance Coin (BNB) or Calyx Network (CLX)? Read This Before Investing in Crypto Exchanges

Interest in decentralised virtual currency continues to grow, with investors more bullish than ever on the crypto market. For those who are new to investing, crypto can be intimidating, if not downright frightening. 

Today, much like a stock exchange for securities, the majority of crypto buying and selling is done through a crypto exchange due to its convenience and ease. An exchange acts as a middleman between buyers and sellers of crypto, such as Bitcoin (BTC) - the first ever crypto - and altcoins. 

Many crypto exchanges have started creating their own cryptos, such as Crypto.com with CRO, Binance with BNB and newcomer Calyx Network with CLX, which has just gone into presale. 

 

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