Introduction
The COVIID-19 pandemic and cryptocurrencies have been a heated topic on the internet since March 2020. Moreover, the crypto market has attracted more investors due to the rise of Bitcoin’s price, crossing the previous all-time high. So, new investors are entering who are not aware of the best crypto exchanges.
However, if you don’t want to do more research and find a suitable one, you can rely on the world’s largest crypto exchanges. Here I will share the honest review of some of the largest crypto exchanges, continue reading to know about them. ; continue reading to know about them.
Top Five Biggest Crypto Exchanges
The below five crypto exchanges are popular because they provide almost all the basic and advanced features that you need for trading cryptocurrencies. However, you can visit the https://1g-profitsystem.com if you are specifically interested in Bitcoin.
1. Coinbase
If you search for the best cryptocurrencies on the internet, I am sure you will find the name of Coinbase in almost every article or video. Due to its high-security and advanced features, it has acquired so many clients from different parts of the world.
Coinbase supports multiple cryptocurrencies, including Bitcoin, Ethereum, Litecoin, etc. The best part of this platform is it also supports fiat currencies, and you can easily exchange crypto with fiat. If you are serious and planning for long-term investments, you can try Coinbase Pro. For beginners, the basic version is more than enough.
2. Binance
Binance entered the crypto market quite late, but it has become one of the most trusted and popular in the crypto market quickly. It was founded in China but relocated to Japan after China put several legal restrictions on cryptocurrencies and exchanges.
The platform supports multiple cryptocurrencies and also has its own crypto coin named Binance Coin (BNB). It has two versions; basic and advanced. Beginners and intermediates can go with the basic version, while the advanced version is a good fit for experts.
3. CEX.io
CEX.io is an excellent crypto trading platform for every type of trader. With its easy-to-use interface, it allows the investors to navigate smoothly in its platform. The advanced features also allow experts to use different tools for analysis.
The platform is secure to use, and one of the biggest advantages is its support system. The team eagerly serves you to solve your issues regarding anything within the CEX.io platform. Moreover, it also offers a margin, which is an advantage for experts but not recommended for beginners.
4. Kraken
Kraken is one of the biggest crypto exchanges with an advanced trading platform. However, it’s not a good choice for beginners, as they are mainly targeting high volume and expert traders.
The platform also offers dedicated services to big traders. With so many options available, it’s the ideal pick for professional traders. Another exciting thing that attracts large traders to choose Kraken is the dark pool feature, which allows traders to hide their interests to others.
5. Huobi
The Singapore based crypto exchange Huobi has become popular in the east. The crypto exchange offers a special platform for its USA clients with the name HUBS. Moreover, it also offers a premium version with advanced features.
Huobi offers you multiple cryptocurrencies and also supports different fiat currencies, including Singapore and US dollars. With the fast customer service, smooth user interface, and highly secure exchange, it has become one of the world’s top crypto exchanges.
Bonus Tips: Consider security features, legal compliance, past events, fees, and pricing before choosing the right trading platform.
Conclusion
These are some of the biggest crypto exchanges in the world and have operations in multiple countries. Now that you have known the features and issues with each crypto exchange mentioned above, you can choose which one is right for you. There are also good exchanges available; you can conduct online research and choose from them.
If you are using any crypto exchanges apart from the above five, mention them in the comments section.
