5 Most Popular And Reliable Cryptocurrency Exchange Platforms
Top 5 Cryptocurrency Exchange Platforms
Today, the cryptocurrency market offers many crypto exchange platforms to investors to buy and sell crypto assets. There is a lot of excitement in traders as they look to earn big bucks in a New York minute. But the process of choosing the best exchange out of the lot can be exhausting.
Here is a consolidated list of the most popular and reliable cryptocurrency exchange platforms to help you get started –
1. Coinbase
Apt for new traders, it is one of the largest crypto exchanges with a trading volume of nearly $335 billion per quarter.
Considering the ease of payments through credit and debit cards, this exchange is a user-friendly option through which you can withdraw or sell using a PayPal account.
Highly encrypted for security, it uses two-step verification to log in and biometrics for accessing payment wallets.
Available in over 100+ countries, it supports 51 cryptocurrencies.
Top 5 Cryptocurrency Exchange Platforms
2. Binance
With a huge user base, Binance is a globally popular and the largest exchange with an easy and fast set-up process for traders.
It supports over 200 digital cryptocurrencies with buying and selling in fiat currencies that makes it more accessible than its competitors.
It is light on your pocket with a very low fee between 0%-0.1% for trading in crypto.
Binance Coin (BNB) holders get a trading discount of 25%.
It enables the opportunity to earn a passive income using the Binance Savings Account.
3. FTX
It is a derivative exchange to leverage capital to earn large profits.
It is more advisable for professional traders to invest via FTX tokens, as the more potential it holds, the more risk it carries.
The FTX future platform lets users use leveraged tokens that can be traded on the options market.
FTX uses a small amount of capital as the initial investment.
Top 5 Cryptocurrency Exchange Platforms
4. Kraken
Founded in 2012, Kraken is a high liquidity offering exchange that makes for an easy-to-use and trade platform.
It supports transactions of about 50 cryptocurrencies like bitcoin, altcoin, and fiat.
The platform is primarily designed for trading by professionals with advanced features like margin trading, dark pool trading, leveraging, and other options.
5. eToro
This exchange is a regulated platform operating in over 150 countries worldwide.
It stands apart in simplicity with its innovative application, designed to create a personalized trading experience as per the level of the trader.
It can be easily used across various devices, making it a convenient option for beginners to start cryptocurrency trading.
Some of its attractive features include a Social Investors Community, premium quality and speed, real-time market research, risk management, analyzing investor portfolios, and other tools.