How to buy Axelar in NY?

For those seeking to purchase Axelar in New York, it's essential to understand the complexities involved. Given the state's strict regulations on cryptocurrency trading, it's crucial to find a regulated and reliable platform. Here's a breakdown of what you need to know: First, identify platforms that offer Axelar trading and ensure they are registered with the New York State Department of Financial Services (NYDFS). This is crucial to avoid any legal issues. Next, research the platform thoroughly. Check reviews, community feedback, and security measures to ensure your funds are safe. Once you've chosen a platform, set up an account and ensure you meet all necessary KYC (Know Your Customer) requirements. This typically involves providing proof of identity and residence. Fund your account using a bank transfer or another approved method. Be mindful of any fees associated with deposits or withdrawals. Finally, navigate to the Axelar trading page and execute your buy order. Remember to monitor the market closely and use stop-losses if needed to mitigate risks. Can you elaborate on the specific steps involved in finding a suitable platform for Axelar trading in New York?