Are you thinking of buying or selling cryptocurrencies, but you are unsure which exchange platform to opt for? No need to look further! In this article, we have provided a guide on exchange platforms where you can buy or sell cryptocurrencies. The best crypto exchange makes it easy to buy or sell your favorite coin via low fees and outstanding security features.
Coinbase was founded in 2012 and stands out among exchange platforms due to its security and easy navigation. It provides insured custodial wallets for investors and traders to store and trade their coins. New users need to note that users and investors do not control the wallet keys to this account.
In addition, Coinbase also offers Coinbase Pro Version with the same fee structure but more advanced features for advanced users. Coinbase is rated one of the best because of its variety of altcoin choices and very high liquidity.
Another highly-rated crypto exchange platform is Binance. It was founded in 2017 with a strong focus on altcoin trading. Currently, it is one of the exchange platforms dominating the crypto trading world, and it contributes significantly to the daily volume of cryptocurrency trading.
Binance allows U.S. Dollar deposits for global users through the Society for Worldwide Interbank Financial Telecommunications (SWIFT). Users can purchase cryptocurrency via debit or credit card. The standout features of this exchange include; lower fees compared to other exchanges, a large variety of cryptocurrency and trading pairs, and advanced charts.
eToro provides an easy-to-use platform for trading and learning. Asides from its easy navigation, there is also an in-built copy trader system that allows you to copy trade from other platform users.
On eToro, you can start your trading journey with a virtual $100,000 without having to risk your actual funds. Once you have understood the trading basics, you can proceed with live trading.
Bisq is downloadable software and peer-to-peer decentralized crypto exchange platform. It is devoid of a central point of authority and cannot be taken down, just like Bitcoin. The platform is also non-custodial. Therefore the third party can’t control users’ funds. Key standout features of Bisq are decentralization, a non-KYC platform that offers more than 15 different payment options and has mobile apps for Android and iOS users.
Kraken is also another major crypto exchange platform where you can buy or sell cryptocurrency. It is one of the oldest crypto exchange platforms in the US—founded in 2011. The platform offers a wide range of coins with low fees and has margins that make it suitable for advanced users. The cybersecurity rating for the app is also on the high side.
If you want to invest in or trade cryptocurrency, selecting the best exchange is essential to achieving your goals. Regardless of your choice, be it a lower fee, friendly user interface, or a variety of trading coins, there’s always a good pick. All you have to do is check out some of the platforms mentioned above and select which is best for you.