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Best crypto-currency exchange platform



Cryptocurrencies are becoming increasingly part of everyday life. While they've never been easier to use and spend, it can be difficult to know the best cryptocurrency exchange for buying and selling crypto and where you should start if you want to. earn money with them.

In this article, we examine several important aspects that I consider when choosing a cryptocurrency exchange platform: availability, payment method, fees, customer support, and security features.

Kraken

Kraken is one of the oldest US cryptocurrency exchanges, founded in 2011 during the Paleolithic era of crypto. This cryptocurrency exchange offers a robust selection of coins with very competitive trading fees. It also offers a suite of other advanced trading tools like margin trading and futures trading.

This platform offers two trading platforms: Kraken and Kraken Pro. The basic Kraken platform with Instant Buy doesn't offer the cheapest fees, but advanced users can get volume discounts and reduce their costs by trading on Kraken Pro.

Kraken is one of the few US platforms to offer margin trading and a range of other advanced trading tools, such as advanced order types and futures trading.

Binance

Binance is a cryptocurrency exchange that ranks among the world's largest by daily trading volume. It was founded in 2017 and is registered in the Cayman Islands.

Binance offers over 130 cryptocurrencies, although this isn't as many as what Binance offers to international users. Nevertheless, it should cover most of the cryptocurrencies an individual might want to trade.

Binance offers a rich mix of useful charts and a user interface intuitive. Better yet, Binance charges very low fees for spot trades and very competitive "instant buy" fees. Just be aware that this cryptocurrency exchange is not available to all US residents.

Coinbase

Coinbase is a leading online cryptocurrency exchange for buying, selling, and trading cryptocurrencies. It offers over 150 tradable cryptocurrencies, which should satisfy most investors looking to break into the crypto space.

The platform features an easy-to-use interface that makes one-time or recurring crypto transactions a snap.

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Customers interested in features like in-depth technical analysis might consider paying for Coinbase's Advanced Trade product, which will also feature enhanced security. Advanced Trade also replaces some of the features offered by Coinbase Pro, which will be discontinued at the end of 2022.

Gemini

Gemini is a Bitcoin and Ethereum cryptocurrency exchange that offers a wide range of services to cryptocurrency traders. The company's innovative features include its unique Gemini Earn program, which allows users to earn interest on their cryptocurrency holdings, and the Gemini Credit Card, which allows users to pay in virtual currency at 2 million merchants.

The cryptocurrency exchange is also available in all 50 states, meaning it's easily accessible anywhere in the U.S. Gemini is firmly committed to meeting all U.S. regulatory compliance requirements and is committed to providing customers with high-quality customer service throughout the process.

KuCoin

It's hard to find a cryptocurrency exchange on the market that's as easy to use and as powerful as KuCoin.
KuCoin is a cryptocurrency exchange that provides access to a large library of altcoins at low fees.

The platform is headquartered in Seychelles and has a growing number of users in Asia, Europe, the Middle East, and Africa. While US users can access and use the trading platform, KuCoin is not licensed in the US, so you'll need to be able to access it from another country if you want to trade on this exchange.

Why should you trade on a cryptocurrency exchange?

If you're new to the world of cryptocurrencies, or just starting to dabble in the market, we suggest you take a look at the best cryptocurrency exchange options available today.

The answer is simple: platforms allow you to access assets that are otherwise not available over-the-counter (OTC) or in person.

Cryptocurrencies are a very popular investment, but they aren't suitable for everyone. It's important to understand that cryptocurrencies are highly volatile and can be risky, especially for those unfamiliar with the industry. Therefore, it's best to do your research before investing in any type of crypto-currency.

As with any type of investment, there are cryptocurrency exchanges that promise high returns but fail to deliver. Be aware of these types of platforms and how they work before investing.

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You can try each of these cryptocurrency exchanges and have different cryptos on each of these platforms!

 

credit photo @unsplash

Best crypto-currency exchange platform