Decentralised Finance (DeFi) is technically still in its infancy stage. Many newcomers to cryptocurrency find it challenging to navigate through the market, with little help from crypto platforms in managing their holdings. This is where LockYourCrypto.Com comes into play. The new website is a crypto storage platform, perfect for newcomers to crypto who find it challenging to navigate through the current systems of DeFi.
This new storage platform is ideal for storing your Ethereum (ETH) and Avalanche (AVAX) holdings. The two established cryptocurrencies have seen a fruitful start to the new year. While 2022 was considered one of the worst-performing years for the crypto market, 2023 has shown that cryptocurrencies can bounce back from negative market trends. Let’s discover why your portfolio can benefit from utilising these three platforms.
LockYourCrypto.Com – Making Your Crypto Journey Easier
LockYourCrypto.Com is not just a place for you to store your crypto holdings. The platform is also a place where you can learn about the DeFi sector. LockYourCrypto.Com offers a myriad of educational resources that can assist you in making informed decisions about your crypto holdings and managing your assets.
The clue is in the name with LockYourCrypto.Com. Newcomers to the crypto market often make rash and uninformed decisions regarding their crypto holdings. LockYourCrypto.Com aims to help you avoid this, helping users avoid making emotional decisions while keeping faith in the direction of the crypto market.
Another benefit of LockYourCrypto.Com is its transparency and security. The platform is transparent concerning its security measures, fees, and other vital information. Additionally, users don’t have to provide personally identifiable information to create an account. This allows users to manage their crypto assets with maximum security and privacy.
What Lies Ahead For The Altcoin King, Ethereum?
Like the rest of the crypto market, Ethereum experienced a significant decline at the start of 2023. However, Ethereum retained its place as the second-largest crypto platform in the market, hosting the most anticipated news cryptocurrency has seen with the launch of Ethereum 2.0.
So, what lies ahead for the altcoin king, Ethereum? Ethereum’s performance at the start of 2023 shows that the platform is still capable of providing explosive returns for its users. With the introduction of LockYourCrypto.Com, Ethereum holders could find it easier to deal with the volatility associated with their beloved cryptocurrency.
Ethereum’s relevancy in the crypto market is all but assured. The platform is home to over 2,700 decentralised applications (dApps), with thousands of platforms counting on Ethereums’s success to thrive.
Avalanche Remains Among The Crypto Giants
Avalanche was one of the first crypto platforms to achieve carbon neutrality in 2021. The platform had prioritised an energy-efficient network, utilising a Proof-of-Stake (PoS) consensus to limit carbon emissions.
This has helped Avalanche gain fame through the market, becoming the sixteenth largest cryptocurrency by market capitalisation. Avalanche currently boasts a $5.2 billion market capitalisation at the time of writing.
Users are also treated to fast speeds and low fees on the Avalanche network. With the help of LockYourCrypto.Com, users can get the most out of their Avalanche experience by storing their AVAX tokens on LockYourCrypto.Com.
Final Thoughts
While the world of DeFi may be easily accessible, it is still hard to navigate for newcomers. However, LockYourCrypto.Com has taken the appropriate steps to ease this process for beginners, allowing them to manage their crypto holdings like Ethereum and Avalanche with ease.
The future looks bright for LockYourCrypto.Com as it plans to consistently develop the platform after launch with additional features and incentives for users.
