The process of understanding cryptocurrencies itself can be challenging. If you are new to trading at all, even more so given the unique set of rules and guidelines that need to be followed, not to mention the specifics of actually buying and selling assets. This is where cryptocurrency exchanges come to the rescue.
Cryptocurrency Exchanges are online services that work similar to stock brokers, giving you specific tools that allow you to buy and sell digital currencies with ease (such as BTC, LTC, Ethereum and so on). You'll know a good exchange if you can do it all with convenience, low commissions and strong security features.
When it comes to choosing the right cryptocurrency exchange platform for you, there is rarely a "one size fits all" model. You will have specific needs that you want to meet with your electronic coins, and the right platform will provide that for you.
You will have specific needs that you want to meet with your electronic coins.
7b is a new cryptocurrency broker for easy, safe and profitable trading. A reliable intermediary that assists in processing cryptocurrency transactions and accompanies traders through all phases of the exchange, as well as providing the analytical and statistical data needed to make more accurate decisions. Cryptocurrency broker 7b makes transactions on behalf of the user through an Android app. In fact, you get an app that becomes your personal trading assistant that will always be with you.
Perhaps one of the most popular and best cryptocurrency exchanges today, Coinbase has long been a favorite of traders for many reasons. You can buy Bitcoin, Ethereum, Litecoin, and 50+ coins directly for USD. You can even get interested in UDST while earning rewards for tokens by performing various actions. This makes buying and selling cryptocurrencies quite easy, thanks to robust security and transparent pricing. You can take a look at cryptocurrency deals and decide which one suits you best.
Binance the Malta-based exchange was founded in China in 2017. Binance is also on the title list of reliable crypto platforms, offering its services around the world for quite some time. Binance allows you to buy, sell and trade cryptocurrency - basically everything - while charging just 0.1% of the transaction amount.
With a modular focus on security and transparency, Gemini is also another well-known exchange platform that strives to protect its customers first and foremost, but also to deliver positive results. Gemini is currently one of the only exchanges offering FDIC protection for U.S. dollar deposits.
First launched in the U.S. in 2013, Robinhood began as a simple brokerage company for stock traders and has since taken the plunge into cryptocurrency trading. In 2018, Robinhood began taking an interest in digital coins, offering crypto services geared toward young and inexperienced investors looking to start trading.
From its beginnings as one of the first cryptocurrency trading platforms, Kraken has evolved into one of the most formidable dealers on the market. It holds a generous archive of coins and tokens for the average trader - and more. Like the aforementioned exchanges, Kraken offers 50+ cryptocurrencies with plenty of options for both retail and institutional investors. But when it comes to global support, the exchange currently supports traders in nearly 200 countries.
While eToro is not a new face in the European market, it just recently expanded its services in the United States. They offer a wide range of cryptocurrency-focused services, from buying and selling digital assets to practice trading accounts before investing real money.
Crypto.com, founded in Hong Kong in 2016, is another popular exchange platform that allows users to trade, buy, sell and spend. It has everything, but what it is especially known for in crypto circles is its unbeatable prices - Crypto.com has surprisingly low commissions that start at 0.04% to 0.20%.
Launched in 2014 as a decentralized exchange, Bisq has servers all over the world, not just in the main building. This convenience of location provides greater security for every transaction, making it nearly impossible for someone to steal your money.
TradeStation, perhaps one of the longest-standing players in the game, is a Florida-based company first founded in 1982. Because of its unprecedented longevity and credibility in the field, the platform is mainly aimed at more advanced and intermediate crypto investors.
Since there are over a billion digital coins in circulation, it can be hard to know which one to focus on. We hope this list has narrowed down your choice, and you can begin your long-awaited trading journey!