Choosing the Best exchange for cryptocurrency is not easy for beginners because it’s important to know about security, price range, withdrawal options, and many things.
We have created a list of the best exchange for cryptocurrency for purchasing and selling so let’s find out the best option for you
PROBIT
It was founded in 2018. It is a Korean Exchange. It has daily volumes of 80 to 100 million. There is no problem with liquidity. It has 300 coins listed while it consists of 586 market pairs. The market pairs will increase in the coming time.
The probit token if kept hold or stay the investor gets annual interest at the same time. The time fee is 0.2%. The probit token is held for paying for trading fees which will get a discount amount. The trading fees will decrease from 0.2% to 0.03%.
It has 5 lakh users and is developing well. It is expanding its exchanges in about 38 countries and gives a language scope. It is adding on countries for increasing its network. It will be good to see that in the coming time that how its performance will go.
It is listed in the top 20 cryptocurrency exchanges in terms of volume and coin structure. It has its own app on which trading can be done. It also has a web app on which you can start trading. The exchange is secure.
BINANCE
It is the world’s largest cryptocurrency exchange in terms of volume. It has a daily volume of 3 to 6 billion dollars. It was founded in the year 2017. It is one of the biggest companies in the crypto ecosystem.
It consists of a coin market app and vibe bullet whereas it has a Varsenex exchange of India. The company is large in number and over a period of time, it has dominated the crypto market and its ecosystem.
The trading fee is 0.1%. The volume increases as the trader and the trading fees decrease. The trading fees decrease from 0.1% to 0.02% depending upon the trading volume provided.
The founder and CEO are very famous and have a huge fan base. The matching engine of binance is fast and the security, reliability, customer support, and overall user experience are superior.
Futures squad exchange volumes are billions of dollars daily. It has its own coin app BNB token. It has its stable coin name BUHD token. They have their own smart chain to which smart contracts can be written down.
The mini pool of the company was launched. It was a China-based company but shifted its base to Malta. The major operations are done from Malta and their dominance over the crypto world is much strong. They are acquiring a huge number of companies and in time to come, they can acquire a large number of companies.
COINBASE PRO
It was launched in 2014. It is an advanced version exchange of Coinbase. It has a daily volume of 400 million. It has 80 pairs for trading while the number of coins is relatively low. The stable coin used is USDC which is highly reputed in comparison with USDT.
People rely more on USDC due to its transparency. The trading fee is 0.5% which can get decreased with trading volume to 0.03%. It has a name as it works closely with the government. It shares information in case of money laundering, fraud, unlike other cryptocurrency exchanges.
The other cryptocurrency exchange does not give information and focuses on privacy. Users mainly boycott this app. It is a USA exchange. It has its operations in 32 countries. It is very hard to settle with them as it works closely with the government.
BIT MEX
It is the world’s largest cryptocurrency exchange according to derivatives. It was launched in the year 2014. It has a regular volume of more than 1 billion dollars. It consists of 8 coins according to the derivatives for future contracts to trade.
The derivatives exchange is always high and the volumes are always in million dollars daily which is much high. The derivatives exchange, features, and matching information are right.
KRAKEN
It was launched in the year 2011. The trading fees are 0.25% to 0.03%. The trading fees increases and decreases depending upon the types of volume trading. The daily volume is 2.5 million dollars. It has 180 cryptocurrencies which are enough for trading efficiently. The reputation, security, user experience, and UI are much better.
GEMINI
It was launched in the year 2014. It is a New York-based company. The company deals in digital currency exchange. It deals in selling and buying assets. The trading fees are 0.25% to 0.35%.
It has more than 40 cryptocurrencies. It operates in six countries. It is the first licensed exchange company to get registered in the year 2016.
BITSTAMP
It is a Luxembourg based cryptocurrency exchange. The trading fee is 0.5%. It has more than 20 cryptocurrencies. The trading deals between flat currency and other cryptocurrencies. It allows every type of withdrawal. It holds a company’s software to get access to the account and use it.
KUCOIN
It was launched in the year 2017. It is a Singapore based cryptocurrency. It has its own wallet to use for trading. It has several encryptions to protect it. The trading fee is 0.1%. The trading fees gets decreased by 20% when trading is done by the stable coin. It has more than 300 cryptocurrencies. The trading is done in US dollars and not in flat currency.
GATE.IO
It was launched in 2017. It is a part of Gate technology. It is a Virginia based cryptocurrency company. It does not have an official license. It works only in three languages that are English, Chinese and Japanese. It is among the largest and best exchange for cryptocurrency.
There is no verification process for trading. It has more than 100 coins. It has about 300 currency combinations for trading. It has its own wallet through which trading can be done easily. It has a complete absence of fiat currency. The minimum investment depends on the currency chosen for trading.
HUBOI
It was launched in the year 2013. It is a Seychelles based crypto company. It has about 1 billion trade daily. It has been listed as a Hong Kong company. The company foundation was laid in China.
