Best Cryptocurrency Exchanges
Despite the increasing popularity of digital currencies or cryptocurrencies day after day, these currencies still face great risks, as these platforms use high-security Blockchain encryption technology, but this is not all in the world of cryptocurrency trading, but there are other things besides security You should focus on it.
The high demand for these currencies and the possibility of obtaining huge profits from them makes them highly desirable and makes many people enter this field without thinking and reading some important and basic information about these platforms before subscribing to them.
So if you are going to get involved in the cryptocurrency exchange, you must first know some basic information about the best cryptocurrency exchanges. Most of the cryptocurrency exchanges claim to be highly secure, while the users of these exchanges are not happy and face a lot of problems.
Cryptocurrency Exchanges
Let's get to know the list of the top 10 cryptocurrency trading sites.
Crypto
Crypto is the best site for trading digital currencies of all kinds and forms, as the site allows you to trade most types of cryptocurrencies at reasonable prices, and this is exactly what makes the platform at the top of the ranking. The site is used by more than 10 million people between buying, selling, and exchanging digital currencies.
By using a Defi crypto wallet you are paid in cryptocurrency, you can also put your money into an account or request a crypto loan if you wish. The best part about this site is that you can use this money with your Visa card. This unique and unique payment method made the Crypto platform deservedly number one on our list.
Features
- Very secure platform.
- A wide range of cryptocurrencies.
- The ability to earn benefits from cryptocurrencies.
- Visa card with cashback rewards.
Disadvantages
- Difficult to navigate.
eToro
eToro is the best cryptocurrency trading platform, specifically bitcoin, eToro is a social trading platform due to its ability to copy other investors' trades and apply them to your coins or account. The nice thing about this platform is that you don't have to have a lot of knowledge in the field of currency trading. Just use the trading strategy copy tool of other traders who have achieved great profits and successes on the platform, and the site will apply it to your cryptocurrencies exactly from buying and selling.
eToro is also popular for trading stocks, commodities, forex trading, etc. The platform is currently used by more than 20 million people between trading stocks and cryptocurrencies. As for cryptocurrency trading, the site does not support all countries of the world, so make sure that your country is supported.
Features
- It gives access to 17 cryptocurrencies.
- Easy to use trading platform.
- You can copy and follow other traders.
- Perfect for newcomers to cryptocurrency trading.
Disadvantages
Not all available digital currencies can be withdrawn.
BlockFi
BlockFi is the best site to buy and trade digital currencies, as this site has a great reputation among digital currency traders, specifically Bitcoin. BlockFi is a cryptocurrency investment platform that allows you to lend and earn with little interest.
The site does not care what kind of trade you do, and there are no fees, so feel free to use this platform without any tension. You can get a bonus of up to $250 when you deposit $25 and hold it for a specified period.
Features
- There are no monthly fees or minimum deposits.
- Trading is available all over the world.
- There are no commissions.
- Instant deals.
- First-class security.
Disadvantages
- Free limited withdrawals from interest accounts.
Coinmama
Coinmama is one of the best cryptocurrency exchanges that allow you to buy and sell cryptocurrencies with ease. The platform is characterized by its ease of use and its ability to sell bitcoin in exchange for cash, and it also has a high and strong protection system.
This platform is ideal for beginners who want to start trading operations and do not do much about trading matters, as the platform is not complicated at all and easy to use. Unfortunately, the platform does not offer a digital wallet, but you can rely on a third party to obtain a digital wallet and link it to the platform to transfer your profits to it. The site supports more than 180 countries around the world and has more than 3 million users.
Features
- Wide range of payment options.
- It gives access to 10 cryptocurrencies.
- High spending limits.
- Instant deals.
- First-class security.
Disadvantages
- Crypto-to-crypto transactions are not allowed.
Coinbase is the best platform for trading different digital currencies, as the site has more than 100 cryptocurrencies that you can work with by selling, buying, and exchanging digital currencies easily. The platform is suitable for people who are looking for new digital currencies to trade with.
You can join more than 73 million other users and enjoy trading on the most accessible platform for beginners. There is a pro version of the site that you can subscribe to get many other benefits. Any trade under $200 has a fixed fee, but after the $200 threshold is crossed, it charges a percentage based on the trade.
Features
- It gives you access to nearly 100 cryptocurrencies.
- Low minimum account funding.
- Opportunities to earn cryptocurrency abound.
- High security of digital currencies.
Disadvantages
- Customer service is unsatisfactory at times.
Uphold
Uphold is a trading platform founded in 2013 that is a digital wallet and trading platform at the same time, making cryptocurrencies and other assets affordable and accessible to everyone. The platform allows you to easily trade many cryptocurrencies. You can withdraw funds to bank accounts in 36 countries, or private wallets.
Open an account and trade through different assets such as: other digital currencies, gold, or stocks, and many other different assets. You can also convert Bitcoin via your e-wallet into dollar cash with ease. The company’s slogan is clear and explicit “Trade anything to anything.”
Features
- Simple and transparent pricing structure.
- It gives you a lot of cryptocurrency and some stocks.
- Available on desktop and mobile devices.
Disadvantages
- Bad customer service.
- May be complicated in use for some.
Kraken
Kraken is a cryptocurrency exchange that has more than 50 cryptocurrencies that you can trade with. You can also get started and buy cryptocurrencies at as little as USD 10.
This site is one of the few sites on this list that allows you to trade in DOGE and other premium and risky cryptocurrencies. Dealing with the platform is not that easy, so it is not a suitable forex trading platform for beginners in my personal opinion.
Features
- High level of security and confidence.
- A large variety of cryptocurrencies to trade.
- The possibility of trading in small amounts.
Disadvantages
- One of the most difficult platforms to use.
- Some reports of poor customer service.
Bitcoin IRA
Bitcoin IRA is a mobile and desktop cryptocurrency exchange with the distinction of being the world's first, largest, and most secure IRA cryptocurrency platform. The company has more than 100 thousand users at this moment. With it, you can trade in many cryptocurrencies without problems.
The biggest problem with this site is that the lowest value you can trade is $3K. This is a large number that only the experienced in this field can do. You can exchange currencies easily but there is a tax system on the profits that you will make. The site provides you with an electronic wallet, so there is no need to pay additional taxes every time you transfer money.
Features
- Invest in cryptocurrency within your IRA.
- The ability to earn interest on your crypto within your IRA.
- High-security options.
Disadvantages
- high fees.
- High minimum to trade.
Binance
Binance is a cryptocurrency exchange, as of January 2018. Binance is one of the largest cryptocurrency exchanges in the world in terms of the trading volume. The good thing is that the site supports the Arabic language well, for those who are looking for a currency exchange site in the Arabic language.
The platform is honestly great for getting into some cryptocurrency like Cardano or Neo. Also, everything is available within the platform from their e-wallet to their Visa Card. You can also get loans to start trading without paying anything.
Features
- A large amount of digital currencies is supported.
- Fast transaction times.
- Low fees.
Disadvantages
- Limited customer support.
Hodlnaut
Hodlnaut is a cryptocurrency site that is very focused on Bitcoin and supports many stable cryptocurrencies without problems. The site's slogan Easily profits from cryptocurrency trading.
Currently, you can earn up to 7.46% on your Bitcoins, and up to 12.73% on your USDC, through the savings and lending options on the platform.
Features
- pays high interest.
- There is no minimum balance required.
- Get $20 for free when you deposit $1000.
Disadvantages
- It only supports BTC, ETH, DAI, USDC, and USDT.