Top 3 Crypto Exchanges Today – (Jan. 2022)
According to Binance’s website, there are around 500 cryptocurrency exchange markets. Now, that’s a pretty hefty list to go through if you’re trying to choose the best one to buy and sell your tokens and other assets to. With that said, the next this article will discuss the top three crypto exchanges.
Binance is one of the largest crypto trading exchanges worldwide, and you can rest assured that it is reputable and trustworthy and that you are provided with good security. It’s also the way to go if you want low fees for trading. What’s also cool about it is that it supports more than 50 cryptocurrencies, and their website’s interface is not difficult to maneuver. However, if you’re in the US and you live in Connecticut, Hawaii, Idaho, Louisiana, New York, Texas, or Vermont, then you cannot access Binance.
What is really bomb about this crypto exchange platform is that it supports more than 80 cryptocurrencies, and it’s one of the best ones to use if you’re a newbie in crypto because of its easy to navigate interface. Also, it has a very strong security, so you know that your money is safe when you use this exchange market, and it’s insured as well. However, this might not be the cheapest crypto exchange platform out there, and there are only a few payment options available.
Kraken is the third best crypto exchange platform on this list. While it is not exactly for newbies, it has been proven to be reputable and secure. It supports more than 50 cyryptocurrencies, and its fees are low, averaging only between 0.9%-1.5%, depending on how much you are trading. Plus, there are seven fiat currencies avaliable, particularly USD, AUD, EUR, GPB, CAD, CHF, and JPY.
Of the 500+ crypto exchange platforms out there, there might be more out there that fit what you need. However, these three are the best according to most folks who use crypto. So, take note of them for your next exchange.
Best for Bitcoin-oriented traders: Coinbase.
Best for low fees: Abra.
Best for futures and margin traders: Kraken.
Best cryptocurrency selection: CEX.IO.
Best for Bitcoin and Ethereum traders: Gemini.
Best for account security: Bittrex.