Crypto was always smoke and mirrors
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Crypto was always smoke and mirrors is because cryptocurrencies are highly volatile, and it is not advisable to risk going into debt в or potentially paying high credit card transaction fees в for certain assets. Some platforms will also accept ACH transfers and wire transfers. The accepted payment methods and time taken for deposits or withdrawals differ per platform.
Equally, the time taken for deposits to clear varies by payment method. An important factor to consider is fees. These include potential deposit and withdrawal transaction fees plus trading fees.
Fees will vary crypho payment method and platform, which is something to research at the outset.