A cryptocurrency exchange is an online platform allowing users to trade cryptocurrencies. Some cryptocurrency exchanges support specific cryptocurrencies, while others allow you to trade any cryptocurrency of your choice. Since there’s no shortage of novices and scams, it’s crucial that you read cryptocurrency broker reviews to ensure you’re on the safe side. If you’re new to crypto trading and don’t know how and where to get started, we have shortlisted some of the best and reliable cryptocurrency exchanges. Let’s have a look at them below:
Binance is a very popular crypto exchange that puts special focus on Chinese market. However, it’s not only limited to Chinese users; anyone from the all over the world can use the exchange to start their crypto journey. Its insanely low fees and impressive coin offerings are the main reasons behind its surging popularity. There’re two types of trading options on Binance: Basic & Advanced. Expert traders tend to go with advanced trading option, while beginners or average-level users opt for basic trading option. Binance’s trading fees are way lower in comparison to other exchanges. Binance is strictly a crypto exchange, meaning users can’t fund their account with fiat currency.
If you’re after crypto-only exchanges, Bitmex is the right choice for you. It’s an international crypto exchange offering top of the line crypto trading services. Since it’s a crypto-only platform, withdrawals and deposits through fiat wire transfers aren’t allowed.
Coinbase is the world’s most popular Bitcoin broker that also offers a wallet, exchange and developer API. It’s a complete package for novices wanting to start their crypto venture through a reliable channel.
How you look at these cryptocurrency exchanges? Have something interesting to add to this story? Please feel free to let us know your valuable feedback in the comment section below.