For quite some time, the rapid expansion of cryptocurrencies has been the talk of the town, with investors eager to cash in on the digital currency’s potential returns. However, some have questioned the validity of various crypto signals trading platforms, particularly given how easily some of them may be hacked.
The process of understanding the functionality of crypto can be a daunting task, especially if you are new to the crypto world. There is a unique set of rules and guidelines to follow along with the actual buying and selling process. This is where a legit exchange plays its part. Cryptocurrency exchanges are online services that act similarly to a stockbroker, providing you with specific tools that allow you to easily purchase and sell digital currencies (such as BTC, LTC, Ethereum, BFIC, and so on). Before choosing an exchange you have to make sure that it is credible and provides the required security. We have compiled a list of the 10 best crypto exchanges for your ease.
In 2017, this Malta-based exchange was created in China. Binance is also on the list of reputable crypto platforms, having been in operation for quite some time and providing services all over the world. Binance lets you buy, sell, and exchange bitcoin for only 0.1 percent of the price.
Coinbase, arguably one of the most popular and greatest cryptocurrency exchanges to date, has long been a favorite among traders for a variety of reasons. With USD, you can buy Bitcoin and more than 50 other coins. With its robust security and transparent pricing, it makes buying and trading bitcoins very simple.
ChangeHero is a real-time cryptocurrency exchange with a goal to make cryptocurrency investment and trading simple. Users can swap over 80 cryptos without creating an account, and the service is non-custodial.
A USA-based exchange that offers more than 50 + cryptocurrencies to choose from. Kraken offers beginner, intermediate, and professional accounts. Bitcoin deposits, trades, and withdrawals are all allowed with the basic account.
A powerful and innovative exchange by Innovation Factory which is fully equipped with completely secure infrastructure. It acts as a trading backbone for the BFIC’s ecosystem. XchangeOn is guaranteed to improve the trading experience and provide matchless service to its customers. With its unique arbitrage feature and affiliate program, XchangeOn is gaining rapid popularity all over the world.
With 17 million members scattered over 100 countries, eToro was founded in 2007 and now has its headquarters in London. The exchange provides six crypto coins to investors: Bitcoin, Bitcoin Cash, Ethereum, XRP, Litecoin, and XLM. While there aren’t many, these are the most popular crypto coins for most individuals to trade.
This renowned Hong Kong-based trading platform, which was created in 2016, allows users to trade, buy, sell, and spend. It’s an all-in-house setup, but what it’s best known for in crypto circles is its incomparable costs — Crypto.com has a fee that ranges from 0.04 percent to 0.20 percent.
When it comes to buying crypto quickly and without opening an account, Guardarian has one of the most straightforward and elegant methods! You can easily purchase and sell cryptocurrencies with your favorite fiat currency from a pool of over 250. It also lists some of the trending altcoins along with the cryptocurrency pioneers.
Robinhood, which was founded in 2013 and is based in the United States, began as a stockbroker. However, it began selling cryptocurrency services in 2018, predominantly to young and inexperienced investors who wanted to try their luck at cryptocurrency trading. The crypto exchange is well recognized for its user-friendly mobile app interface and the fact that it charges no fees for crypto swaps. It now accepts seven major cryptocurrencies.
Coinmama is a cryptocurrency exchange with a user base of 2 million people from 188 different countries. Unlike exchanges, brokers sell their crypto to investors. Coinmama has a total of ten cryptocurrencies (including Bitcoin) that they can sell to you at a discount.