Best Crypto Trading Platforms
Coinbase is among the largest Bitcoin exchanges as well as today is positioned among the most trustworthy Bitcoin retailers around the world. It had been instituted in 2012 and has ever since been setting the standard of crypto exchanges by offering innovative safety features, new trading currencies, payment procedures, and a lot more perks for consumers.
At the moment, Coinbase is operating an asset base value $100 million increased from a number of trusted contributors from various nations. Additionally, the system is encouraged by monetary insurance coverage, so when clients become victims of a hacking, then they’ll be fully or partly paid.
You may send your fiat cash (USD, EUR, GBP etc ) into Coinbase and efficiently save your cryptographic kinds of money you could later withdraw at a Ledger Nano S or even Trezor-like gadget.
Coinbase is also valuable in light of how it allows you to buy digital monies by way of credit/charge cards. The process is quick and takes a couple of steps only.
The primary reasons to become a Coinbase user would be:
Coinbase enables customers to buy the six finest cryptocurrencies.
“Instant Exchange” option option enables clients to enjoy fast markets.
Clients utilize their free internet wallet when trading on the stage.
Each of the customers’ funds exchanged on the platform are covered by insurance, protecting them against loss in case of technical failures or hacking.
Instant purchase option
Bittrex enables clients to exchange more than 190 coins through various pairs. This US-based website is one of few crypto organizations staying under the strict control of the official regulators, which adds security. It abides by laws and regulations to ensure the security of their clients.
Bittrex has a clear sign-up procedure requiring your email address and a solid password. In order to withdraw money, you’ll need to verify your identity using an ID card/passport, utility bill, and your phone.
Extra verification will increase the daily exchange limit. Besides, you’ll be able to set up 2-factor authentication.
Bittrex has the following outstanding features:
Users can purchase or sell more than 190 crypto coins.
Bittrex utilizes many security features including the two-factor confirmation and encryption of user information.
Works around the world.
It has an amazingly easy-to-understand interface convenient for both novices and advanced users.
Allows trading 190+ coins
Abides by laws
Much personal information is required to remove exchange limits.
It’s a crypto-to-crypto exchange only, which implies you cannot make any installments or exchange fiat.
Bitfinex is one of the most well-established players in the sphere of crypto exchanges for novices. It is very similar to Bittrex, however, it allows users to deal with fiats like USD, EUR, and GBP. Bitfinex boasts gigantic turnover volume, so liquidity is never an issue while purchasing or selling on this platform as it generally positions among the Top-10 on CMC.
Bitfinex platform’s UI is not cluttered and provides clear guidelines on each page, showing how to sell and purchase currencies without a hitch.
Likewise, to begin on Bitfinex, you have to register, confirm your ID, and validate your profile. It regularly takes 15-20 business days after submitting your ID to become a regular platform user. By the way, if you prefer trading on the go, Bitfinex offers mobile applications with exactly the same functionality.
Why consider Bitfinex? Aside from having a brilliant user interface, it charges from 0.1% to 0.8%.
Bitfinex works around the world with the exception of a few countries and the US.
Allows working with both crypto and fiat
Intuitive, clear UI
Too much time is required for account verification
Has a history of hacking
Cex.io is a popular trading platform that enable clients to purchase and sell BTC and different coins. It allows for transactions with bank exchanges and bank cards.
Cex.io additionally enables its clients to exchange Bitcoin for 4 fiat currencies (USD, GBP, EUR, and RUB). The platform boasts low commissions, a relatively high exchange speed, and quick access to the most popular trading pairs, such as ETH/BTC.
This exchanging apparatus gives low spreads, quicker exchange speeds, and fast access to liquid crypto pairs, such as ETH/BTC. It can be done through the web-based interface or by using a mobile app. Cex.io fees are very moderate, and depend on which role you take — maker or taker. Fees range between 0%-0.20%. Moreover, traders working with higher volumes are charged lower transaction fees.
Here’s why you should consider Cex.io:
Cex.io ensures higher liquidity through its order book, which provides them with access to the liquid assets.
The website has strict security control and provides 2-step authentication.
Cex.io charges very low fees.
The platform allows for exchanging both fiat and digital forms of money — it’s convenient for all users.
Cex.io boasts decent customer support and keeps your investments safe.
Works with both fiat and cryptocurrency
Reliable and trustworthy platform
Low transaction fees
Bank withdrawals can be expensive.
BTC money transfers are a bit complicated.
Binance is the world’s largest trading platform that combines a large set of instruments, including exchange and wallet. Besides, you can benefit from Binance Labs and Charity information. Binance also possesses its proprietary coin called BNB that’s used to perform crypto-to-crypto payments. Binance supports 130+ different coins, so it’s a great place for buying crypto.
Yet, two versions of Binance are very different: the one for beginners with basic features is very convenient. The advanced version is harder to comprehend. Binance has about 0.05-0.1% fees, which is great. Most assets have deep markets, making Binance great for both beginner and experienced traders.
Another thing making Binance highly convenient is multiple languages — that’s why it attracts users from all over the world. There’s a mobile app for different OS, as well.
Low transaction fees
Convenient basic version
No exchange with fiat
Bitpanda is one of Europe’s favorite Bitcoin exchange websites — actually, some crypto users even call it “Europe’s Coinbase”. Surprisingly, it is an Australian-based endeavor that supplies users with suitable trading tools.
Right now, it supports 16 cryptographic kinds of cash.
Clients may also use 4 fiats to purchase coins on the stage such as EUR, GBP, CHF, and USD. Three decades back, it had been rewarded to be the maximum trading fintech startup that is set to accelerate execution of cryptocurrency in Europe.
Why consider Bitpanda?
To each new consumer, Bitpanda supplies a free wallet to put away their resources for trading.
It’s one of those rare platforms which offer 24/7 customer support for every single client.
Usage of fiat currencies is permitted.
Bitpanda operates several forms of payment such as bank exchanges, Visa and Mastercard, money, SOFORT, Skrill, and Neteller.
Clean, intuitive interface
Numerous payments approaches
No Significant hacks happened lately
Fees are not disclosed (roughly 2%)
A Couple of altcoins available
KuCoin is a superb cryptocurrency exchange platform which has obtained a great deal of props and acclaim throughout the past half of annually. It is not surprising considering that the team creating the job and also a convenient, intuitive user friendly interface. Incidentally, the stage was set in 2011 and has gained great reputation during those years.
In terms of liquidity and trading volume, KuCoin rankings among the top 25 deals on CMC and retains adding new coins/tokens within their collection of available tokens. The stage is praised because of its heavy focus on safety too.
In the investment perspective, KuCoin’s native token (KuCoin Shares) will be ideal for holding since it supplies some passive income in trade prices (holders receive a 1% reduction for each 1000 KCS sold). 1 remarkable thing that lots of novices miss is that KuCoin is among those infrequent exchanges which pays you NeoGAS for maintaining NEO onto it. Fees are mild.
Passive income for indigenous coin holders
Safe and Dependable
No fiat is encouraged
The website can be slow through traffic peaks
No mobile program
This is among those rare crypto exchanges which still have not established their existence at the United States. This trading endeavor was created in China and supports approximately 250 electronic currencies. Huobi has two unique variations: Huobi OTC (permits printing of crypto with fiat financial forms at no cost ) and Huobi Pro (frees additional monitoring capacities). Huobi is also likely to establish a crypto exchange fund (ETF) to be known as HB10.
Broad choice of cryptocurrencies
Around-the-clock Customer Care
Has falsified trading volumes
Mostly Acceptable for South-Asian viewers
As you see, there is an infinite selection of BTC and crypto trade/exchange sites and programs. But they encourage various monies and have various attributes, so it is vital to decide on a choice that meets your own requirements. Hopefully, this guide has given you a much clearer image of the highest trading platforms. Now you know their weak and strong sides, building a choice will be a lot simpler.
Please notice one thing: these programs must rather be utilized for active markets and trading. If you elect for a long-term crypto storage alternative, have a look at our listing of BTC pockets.
Trade attentively, and best of luck!