If you’re looking for the perfect cryptocurrency exchange for your needs, join us as we explore the top 5 exchanges in the market today.
Coinbase needs no introduction in the world of cryptocurrency. The largest exchange in the U.S. was established in 2012 and has grown to become every trader’s choice.
The crypto exchange is particularly strict in terms of the type of token it accepts on the platform, which is why it has so far stayed out of trouble.
The exchange offers a wide range of trading pairs and provides several features as well. The platform also provides custodial accounts for new users looking to have in-depth knowledge about the crypto industry. Its benefits include no withdrawal fees, two-factor authentication, high-liquidity, a simple user interface, as well as multiple altcoin choices.
Binance is the largest cryptocurrency exchange in the world right now. It has a mouthwatering offer for altcoins, with 600 trading pairs offered to traders. It has the most expansive trading pairs, allowing you to invest in almost any coin of your choice easily. Although the exchange doesn’t offer the option of USD deposits, there are different payment methods available, including debit or credit cards.
While its competitors are offering less than 50 different altcoins for trade, Binance goes beyond this level by offering over 150 different altcoins to choose from. It’s the platform for anyone looking to invest in relatively unknown crypto assets.
Kraken is also another very popular crypto exchange in the world. The U.S-based exchange also offers a wide range of crypto assets, but not as much as Binance.
Apart from Bitcoin, the exchange also offers trades on other cryptocurrencies like Ethereum, LINK, XMR, and many more. It also has an easy interface and the transaction fee is not as high as in Binance or Coinbase.
You can also fund your account in different fiat currencies, including USD, Euros, and Yen, as well as for cryptocurrencies like Bitcoin, Litecoin, and Ripple.
This is another popular exchange, especially for those who are only starting with their first crypto trading or investment. It is also a U.S-based cryptocurrency exchange, although it offers its services all over the world. It also gives users the option to trade over 190 cryptocurrency pairs at the same time.
In terms of safety and security, the exchange has not had issues with regulators or authorities. If you’re a new trader, this exchange will provide you with the right opportunity to get your feet well into the industry.