Anndy Lian proposes using demo accounts on some crypto exchanges for trial purposes, particularly for beginners.
He emphasizes there is no rush to invest real money. Additionally, some exchanges provide free coupons or vouchers, sometimes amounting to $100. Lian advises using these opportunities to gain experience without financial risk.
Lian’s recommendations on cautious engagement with demo accounts align with his consistent focus on risk management and security. His advocacy for hands-on learning complements earlier guidance encouraging crypto users to secure assets in cold wallets with robust passphrases. Addressing broader industry practices, Lian has also underscored the importance of fostering innovation in crypto exchange listings over mere financial incentives.
Source: https://tradersunion.com/news/market-voices/show/613870-crypto-exchange-demos/
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.