In order to start trading or investing in crypto, you’ll need a platform where you can buy and sell digital assets, like Bitcoin, Ethereum, Cardano and Dogecoin. To help you pick the right one, we made this ranking which determines the best crypto exchanges according to specific needs.
Binance – It is a giant in the crypto sphere. The platform incorporates industry-low fees and a wide range of cryptocurrencies accessible to trade. It also has a high cybersecurity ranking and user reviews. For the casual crypto fan, Binance offers a simple, form-based platform designed for transactions under $10,000 that lets you easily buy, sell and convert its tradable cryptocurrencies. More experienced users, can take advantage of numerous of trading order types, including limit, market and stop-limit, as well as powerful trading dashboards including spot price, 24-hour highs, lows and trading volume.
Best For Beginners:
Coinbase – It is the crypto exchange you will be most familiar with, if you’re just getting interested in crypto. In addition to the buzz surrounding its valuation, Coinbase Pro, the vigorous exchange fueling Coinbase, is one of the biggest and most secure platforms out there. Coinbase’s 78 tradable cryptocurrencies ought to satisfy those looking to break into the crypto sphere. Coinbase stands out for its easy-to-use interface that produces one-time or repeating crypto investments easily. But this convenience comes at a cost. Its confusing fee structure charges you more than it should to create the same purchase on the company’s less beginner-friendly Coinbase Pro.
Other Top Crypto Exchanges:
Kraken – One of the oldest U.S. platforms, which was founded in 2011. Kraken offers a solid range of coins with low fees. Furthermore, it has high cybersecurity ratings and offers sophisticated trading features like margin which may appeal to more advanced customers. However, Kraken may be too complex for beginners.
Crypto.com – In case you’re trying to find a reasonable, all-in-one crypto exchange, Crypto.com may be right for you. The more Crypto.com coin (CRO) you’re able to stake, the more benefits you’ll get from this platform. Even without the CRO rewards, it’s a solid low-fee crypto exchange with over 60 cryptocurrencies. Crypto.com offers five prepaid Visa Cards. Those with high balances in CRO can get discounts on trading fees and enhanced benefits, like 8% back on debit card spending. With its high cybersecurity ratings and different kinds of benefits this cryptocurrency exchange is a good fit for anyone who wants to affordably spend, trade, store, and save crypto.
Gemini – Similar to Coinbase, Gemini may be amazing for beginners looking to enter the crypto world. Its convenience and easy-to-use interface come with a higher fee structure that may be worthwhile as you learn the ropes before graduating to its (or another platform’s) lower-cost spot trading options.