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Many exchanges place an emphasis on educating users and offer them educational platforms or tutorials that are written by experienced traders. This makes it easier to find your way in the broader cryptocurrency environment.

What regulations should a cryptocurrency exchange be subject to?
First of all, we are talking about the Anti Money Laundering and Know Your Customer policies. A trusted cryptocurrency exchange should have appropriate policies in place to prevent money laundering and terrorist financing.

Such measures include:

Mandatory Account Verification. Every new user who wants to deposit funds in fiat currencies (FIAT) e.g. Zloty, Dollar or Euro - must verify their account. It is required to send a valid document with a photograph. This may be an identity card, driver's license or passport. It is also necessary to confirm your address. Such confirmation may be a bill for electricity, gas, Internet, etc.
Data from verified accounts are fully protected under RODO.
Only transfers with the correct title can be credited to your account - this indicates intent and prevents money laundering.
One user can have only one account in the service.
If a crime is suspected - the account may be blocked and funds frozen until the case is investigated.
Selected employees of the exchange should be CAMS (Certified Anti-Money Laundering Specialist) certified.

Additionally, the operation of your chosen exchange must be legal in the country you are in. In the case of Poland such an institution would be the Polish Financial Supervision Authority (KNF), or other appropriate entities regulating the operation of cryptocurrency exchanges within the European Union.

What can be traded on cryptocurrency exchanges?
The largest cryptocurrency exchanges, which undoubtedly include BitBay and Binance, have in their base even dozens of different tokens, which can be traded within them.

Depending on what resources and the amount of capital a user has, they can take advantage of cryptocurrency exchanges with a varying number of available cryptocurrencies. Among them are usually the most popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, which operate on the basis of Blockchain technology.

An interesting fact for people who would like to start playing on a cryptocurrency exchange can be that within it they can make network transactions using cryptocurrencies, but not only. They can also buy tokens of virtual currencies through traditional, fiat currencies. That is why, for example, Bitcoin can be purchased with Ethereum, but it can also be purchased with dollars, euros or even zlotys.

What should draw our attention when choosing a cryptocurrency exchange?
Since there is a growing interest in cryptocurrencies, it is no wonder that more and more cryptocurrency exchanges are created. To avoid unpleasant surprises, read the following tips that will surely help you choose the best place for your investments:

number of cryptocurrencies available - there is one rule. The more cryptocurrencies a particular platform has, the better. You need to know that there are about 4 thousand such virtual currencies in the world, so choose the exchange that will give you the widest choice;
take care of safety - investing in cryptocurrencies is a risk. However, if you keep proper safety rules, you won't have to worry about losing your money or data. So, check if the platform expects confirmation of transactions, authorizes transfers and, for example, provides a two-step login. These are just a few such elements. The more security features a platform has in place, the better for the user;
once you have checked whether a cryptocurrency exchange cares about security, then find out what fees it charges for setting up accounts, transfers and other services. One platform will want larger fees, while another will want smaller fees. Be sure to take a look at the terms and conditions, where you will also find a table of fees, and see if being a user of the platform is worth it for you at all;
the currency of the transaction - if you are a beginner in the world of cryptocurrencies, it is logical that you first want to buy them using familiar currencies, e.g. Zloty or Euro. Be sure to familiarize yourself with the currencies offered by your chosen exchange;
reviews - they are always important. Users of different platforms like to give them. So see which cryptocurrency exchange is saturated with positive comments.
Which cryptocurrency exchange to choose? - summary
The number of exchanges where you can buy, exchange or sell cryptocurrencies is growing every year. Choosing the best one for us can therefore be difficult, but what should matter most to us is the issue of security, because if this is assured to us, we can deal with the rest. The advantage is that each exchange is a little different, so we can choose the one that will be most suited to our expectations. Do not forget about the reviews, which can definitely   In this article we will present the TOP 10 best cryptocurrencies, having interesting events planned for August, which can have a positive impact on their price.


Helium (HNT)
Current price: $12.27
Market capitalization: $1.13 billion
Ranking position: 69
Helium was launched in July 2019. The platform allows wireless devices that use HNT hotspot networks to communicate with each other. Helium is closely related to and compatible with Internet of Things (IoT) devices.

HNT is the native token of the network. Its maximum supply is 223 million and is distributed to hotspot owners. In addition, it can be monetized by validating wireless network coverage and data transfer using the same hotspots. Finally, participants can either buy or build their own hotspots.



In order to reach the maximum supply of 223 million, HNT will begin a two-year schedule of halving the number of hotspots starting August 1.

HNT has bounced off horizontal support at $10.20 (green icons) five times since early April. Technical indicators are neutral but leaning towards upside. Resistance is located at the level of $14.05.

FXMAG cryptocurrencies top 10 best cryptocurrencies for August 2021 markets,aave/usd,altcoin,eth/usd,fet/usd,hnt/usd,med/usd,pdex/usd,stack/usd,tru/usd,vxg/usd,xvg/usd,news,information 1
Chart courtesy of Tradingview
Verge (XVG)
Current Price: $0.022
Market capitalization: $363 million
Rank position: 117
Verge is a privacy cryptocurrency that offers a decentralized payment network that is an enhancement to the native BTC blockchain. It has numerous privacy-related features, including but not limited to: Tor integration in the wallet and allowing transactions with stealth addresses.



Like HNT, XVG will also undergo halving in August. The last halving took place on January 26, in which block rewards were reduced from 200 to 100.

The next halving is expected on August 22, after the 5,200,000 block is mined, and will halve block rewards to 50 coins per block.

After hitting a low of $0.0159 on July 20 and forming a double bottom formation, XVG managed to break out of the falling resistance line.

It is currently rising towards the resistance area at $0.033.

FXMAG cryptocurrencies top 10 best cryptocurrencies for August 2021 markets,aave/usd,altcoin,eth/usd,fet/usd,hnt/usd,med/usd,pdex/usd,stack/usd,tru/usd,vxg/usd,xvg/usd,news,information 2
Chart courtesy of Tradingview
Ethereum (ETH)
Current Price: $2329
Market capitalization: $272 billion
Ranking position: 2
Ethereum launched in 2015 as an open-source decentralized blockchain. Its native currency is ETH.

It was one of the original platforms that allowed developers to create decentralized applications (dApps). To date, there are at least a thousand such apps on the platform.

On April 15, the "Berlin" fork was launched after a block of 12,244,000. The next hard fork, "London," will be launched on August 4, although it was originally expected in late July.

The fork will introduce a new structure to reduce gas fees and delay the "difficulty time bomb" until ETH 2.0 is released.



ETH is currently trading inside an ascending parallel channel. It is making an attempt to break out above the formation resistance. Success in this range would lead to an upward move towards $2850. Technical indicators on daily intervals are bullish.

FXMAG cryptocurrencies top 10 best cryptocurrencies for August 2021 markets,aave/usd,altcoin,eth/usd,fet/usd,hnt/usd,med/usd,pdex/usd,stack/usd,tru/usd,vxg/usd,xvg/usd,news,information 3
Chart thanks to Tradingview
Aave (AAVE)
Current Price: $309.24.
Market capitalization: $3.993 billion
Rank position: 28
Aave is a decentralized protocol that allows participants to become depositories or borrowers. The native token is AAVE, which is mainly used to vote on improvements to the protocol.

Depositors earn money by providing liquidity, while borrowers can lend assets through features such as instant credit.

The smart contracts summit will take place from August 5 to 7. It is expected to be the largest smart contracts event of the year. Aave CEO and founder Stani Kulechov will be one of the keynote speakers.

On June 30, AAVE broke out of a falling resistance line and validated it as support after two days.

Currently, the altcoin is trying to break out of the resistance area at $310. The same area has intermittently acted as support and resistance since early February.

Its recovery could initiate a sharp upward move.

MediBloc is an open source protocol to be used as a "decentralized healthcare information system." Through blockchain technology, it aims to record and track patient medical history.

The native currency is MED, which uses a reward system to facilitate content sharing.

As with STACK, the mainnet update will begin in August. In addition to bug fixes, it will update smart contract capabilities and communication with other blockchains.

MED has been rising since June 23 and formed a higher low on July 20. It is currently trying to break out above the resistance area at $0.055. This area acted as support until June 9 and then turned into resistance.

The technical indicators are bullish. A break through this line could trigger an upward move towards $0.093.

FXMAG cryptocurrencies top 10 best cryptocurrencies for August 2021 markets,aave/usd,altcoin,eth/usd,fet/usd,hnt/usd,med/usd,pdex/usd,stack/usd,tru/usd,vxg/usd,xvg/usd,news,information 5
Chart with Tradingview
Fetch.ai (FET)
Current Price: $0.224
Market capitalization: $167 million
Rank position: 159
Fetch.aI is a blockchain platform built on a distributed ledger. It uses artificial intelligence solutions while implementing machine learning.

The native token is FET. It is required to use smart contracts and also required to create and train independent economic entities.

FET stakers will receive an airdrop of 2% of the total MOBX supply (2,000,000 tokens) on August 3. Two more airdrops of 1,000,000 tokens each will follow.

Like HNT, FET is extremely compatible with IoT devices.

After bouncing off support at $0.195, FET has broken a descending resistance line and is now trying to climb above the 0.382 Fib retracement resistance area at $0.363. This could trigger an upward move towards the next resistance at the $0.49 level.

FXMAG cryptocurrencies top 10 best cryptocurrencies for August 2021 markets,aave/usd,altcoin,eth/usd,fet/usd,hnt/usd,med/usd,pdex/usd,stack/usd,tru/usd,vxg/usd,xvg/usd,news,information 6
Chart with Tradingview
StackOS (STACK)
Current Price: $0.052
Market capitalization: $10.97 million
Rank position: 810
StackOS is an open protocol that allows users to offer a decentralized cloud by sharing their computing resources. They receive STACK tokens in exchange for this service. Any type of decentralized or classical application can be deployed in the cloud.

Compared to other cloud services such as Google Cloud or Amazon AWS, StackOS is cheaper, allows you to deploy your application in just minutes and is anonymous.

The main StackOS network will launch on August 16 and will have management and marketing updates.

STACK has been moving upward since June 22. It formed a higher low on July 20.

It is currently in the process of confirming the $1.05 horizontal area as support. The nearest resistance is located at the $1.38 level.

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Chart with Tradingview
Voyager (VGX)
Current Price: $2.02
Market capitalization: $449 million
Rank position: 108
Voyager is a cryptocurrency platform for brokers that was launched in October 2018. It currently supports over 60 cryptocurrency assets.

The native token is VGX. Its main function is to provide various rewards for its users. Apart from that, it can also generate interest if it is stored in the Voyager app. This app offers transactions that are completely commission-free.

The exchange of VGX tokens will begin the week of August 9. It will occur automatically for all users who hold VGX on the Voyager platform.

VGX is in the process of forming a triple bottom inside the support area at 0.0008 ETH. There are no bullish reversal signals yet.

FXMAG cryptocurrencies top 10 best cryptocurrencies for August 2021 markets,aave/usd,altcoin,eth/usd,fet/usd,hnt/usd,med/usd,pdex/usd,stack/usd,tru/usd,vxg/usd,xvg/usd,news,information 8
Chart courtesy of Tradingview
Polkadex (PDEX)
Current price: USD 7,65
Market capitalization: $24.285 million.
Rank position: 593
Polkadex is a peer-to-peer trading platform. It aims to combine the benefits of both exchanges: decentralized and centralized.

While it is a decentralized exchange in itself, it has fixed issues such as high transaction fees, arbitrage and price slippage. It is built on Substrate and is primarily designed for the decentralized finance (DeFi) ecosystem.

There are a lot of exciting events coming up in August such as:

Deployment of a trading bot
Demonstration of an emergency close
Dynamic