5 of the Best Crypto Exchanges – Crypto exchanges offer users the opportunity to buy, sell or trade cryptocurrencies. They provide unique and exciting features to attract more users to their platforms.
There are many crypto exchanges, we are only listing here the top 5 that offer the best features.
Coinbase is the best exchange for beginners. Its interface is easy to navigate and it helps new users to learn the basics of trading coins. Coinbase also has a reward mechanism for beginners where you get a small $2-$5 incentive for watching learning videos and completing quizzes.
You can create your own wallet on Coinbase to store or move coins with ease. For advanced users, Coinbase Pro offers advanced trading and analysis tools along with lower fees.
Binance is the best crypto platform if you want low fees. It has a maker-taker fee model where the maximum fee charged is 0.1%. Also, the fees are tiered and depend upon trading volume. This means the more you trade the lower the fees get.
Binance also has excellent analysis and charting tools that are accessible from the centralized dashboard.
The mobile app is also state of the art and offers all the functionality to users who need it to trade on the go.
Crypto.com is the best exchange for those who prioritize security over other features. It has its own layered account security mechanism on top of regular industry-standard identity verification protocols.
Along with a traditional online wallet and a decentralized finance (DeFi) wallet, the exchange also offers a cold wallet (offline) that also acts as another layer of security.
It offers a decent amount of coins to choose from and levies low fees when you trade them.Crypto trading can be easy and smooth for those who select the crypto exchange that fits their needs. Read the article to know about the best features of top crypto exchanges. Click To Tweet
BlockFi is the best crypto exchange for high-volume day traders. There are no trading fees on this exchange. You only pay a fee when you convert crypto to fiat and withdraw the funds.
It also offers high interest rates if you decide to park your crypto assets with the exchange.
It’s important to point out here that BlockFi supports fewer coins than other exchanges – only the big ones.
Bisq is the best decentralized cryptocurrency exchange (DEX). A DEX allows its users to interact with each other directly without needing any interaction with the exchange itself. So you don’t have to give your personal information to Bisq in order to trade.
Bisq supports several payment methods and has an easy on the eye user interface.
Now that you know about the best crypto exchanges, read our next article to learn why you should invest in Bitcoin.
Suleman is a part-time crypto writer and full-time book addict. He holds a master’s degree in Chemical Engineering. Nothing excites Suleman like a well-organized fundamental analysis for long-term investment.