Since the beginning of the cryptocurrency era in 2009, there were always some doubts and speculations about the whole system. One thing is for sure cryptocurrencies are still the hottest topic, and every day, more and more people are investing in a lot of different cryptos.

Cryptocurrency can be either mined, earned, or bought, and the best way for doing that is on the crypto investing sites. In this text, you will find out the top 10 crypto trading platforms that we reviewed and selected for you, and for more information and tips on how to improve your crypto trading, visit usethebitcoin.com.

1. Kraken

Founded in the USA in 2011, it is one of the first solely crypto exchange sites. It is a global Bitcoin exchange, and it also supports most countries. Kraken is the best platform for those who are familiar and have experience in crypto trading. If you are planning significant investments with high exchange risk, looking for huge rewards, then Kraken, with its low fees, leveraged trading, and numerous coin selection, is the best for you. For beginners and those with less experience, Krakens’ interface may be confusing, and another notable thing is that this site doesn’t provide wallet services.

2. Bitstamp

Bitstamp, also founded in 2011 (Luxembourg), is one of the best and most trusted trading sites. What helped Bitstamp to become so popular, along with its security, is certainly no withdrawal limit and a cashout direct to your bank. Its simple interface is perfect for those who are beginners, and some advanced tools make things easier for the experienced ones. 24/7 customer support is also an important thing to know about Bitstamp. The fees can seem confusing, but the main thing is that unless you are going to trade in high volumes, it will be around 0.25%.

3. Gemini

This US-based cryptocurrency exchange platform is a fully licensed US Ether and Bitcoin exchange, and it’s the most similar site to a regular bank, and it offers high security. It is a company based in New York in 2015, but since then, it expanded to Asia and Europe. The interface can be somewhat confusing, but once you adapt to it, there are many benefits. There are no fees for deposits and withdrawals, and depending on the trade, the trading fee is 0.25% or less.

4. Coinbase

The largest coin broker is the Coinbase. On this trading platform, you can easily buy, trade, store, or sell any digital currency because of its simple interface. What makes Coinbase stand out from other similar platforms is the easy and fast way to purchase digital currency, and you can do so via credit or debit card. For the exact way to withdraw money from Coinbase, you need to check the info as the rules depend on the country of residence. The Coinbase fee calculation is similar to other trading sites.

5. BitMEX

For those who appreciate the professionalism, BitMEX is for you, as it is run by professional economists, traders, and developers. At BitMEX, there will be no problems with the liquidity, but this platform is only for cryptocurrency. The biggest strength of this platform is its focus on security, and they are one of the safest for crypto trading.

6. Binance

Although this platform is the youngest, it is already the most appreciated ones, mostly due to its country of registration, Malta. With Binance, the transactions are fast as it is capable of processing 1.400.000 orders per second. It has high security, and it is quite simple to work with its interface as well as its apps for both IOS and Android. All of this explains why Binance is rapidly growing and expanding, and their apps for both IOS and Android. Binance charges a 0.1% fee for all trades, and they even offer a 50% discount.

7. Bitfinex

Also, one of the first trading platforms (founded in 2012 in Hong Kong) with a high reputation among its users is Bitfinex. What this site can offer is an interactive interface which includes a demo and step by step manual for beginners. Another benefit of using Bitfinex is that it supports almost all cryptocurrencies which you can exchange for USD, GBP, or EUR. For those who are familiar with crypto trading, there are many trading tools to make your job easier. The fees for trading transactions can vary from 0.1% to 0.8% depending on the amount, and there is a certain fee when you withdrawal or deposit money. One thing that is important to consider is security, as this platform got hacked in 2016, but it remains popular among the serious traders.

8. Bittrex

Similar to Bitfinex but unlike it deals in more than 190 cryptocurrencies that you can change into Bitcoin. It is USA based, and one of the best and most used trading platform. Bittrex is ideal for both smaller and larger buyers and sellers, and it handles one of the highest BTC trading volumes in the world. Bittrex trading fees are at 0.20%, but there are some benefits for those who are regularly trading with a fee schedule. What this means is that the more you trade, the more you save.

9. IO

This UK based platform is one with the highest reputation and with more than 3.000.000 satisfied customers. It got its reputation due to its security as well as for the fast process of high volume orders. Here, you can deposit the fiat currencies and buy or sell cryptocurrencies. What attracts users’ attention is their feature, which allows users to purchase cryptocurrencies via credit or debit card. The trading fees are different for each currency.

10. Poloniex

Since 2014 this trading platform is quickly growing, and now is one of the biggest platforms in the world. Poloniex is a crypto-only exchange platform and has the highest volume for ETH, and here you can trade BTC and ETH to 100+ altcoins. It offers advanced features for skilled traders and features for the newcomers. The fees are depending on whether you are a taker or a maker and can be up to 0.25%.

In just one decade, something that we couldn’t even imagine is now a big part of our life, and it doesn’t seem that it will end soon, or ever. For those who are not that familiar with cryptocurrencies, all of this can look puzzling, but if you are determined to start investing in crypto, this list should help you. And those who have the experience, all mentioned above, should make your choice on where to invest much easier.

LEAVE A REPLY

Please enter your comment!
Please enter your name here