There are many exchanges in the world, even though you can trust most of them as they are being watched. However, some of the early players of the market still remain famous, and people often use. It is not necessary for you to use one of these, but there is no harm in knowing the names.
First, let me introduce bitqt site, another cryptocurrency exchange dedicated to bitcoins. If you want to purchase just bitcoins, you can visit this website now. But if you want to look into other cryptocurrencies as well, here are the five best cryptocurrency exchanges in the world. These platforms offer a wide range of digital currencies, user-friendly interfaces, and robust security measures, ensuring a safe and efficient trading experience.
The Top 5 Cryptocurrency Exchanges in The World
This list should have many, but I do not want to confuse you. I am sure you will be able to choose one from the ones given below.
1. Binance
Binance is one of the growing exchanges that, in 2017, July raised $15,000,000. This company is located in Malta, which is one of the most favorable countries for crypto trade. It continues growing is a rapid pace and has over 200 altcoins in its base which is increasing as well.
Binance is a centralized exchange that offers its day traders discounts when they use BNB coins. It has a global exchange that anyone can use and will offer you the highest liquidity. There are different website addresses for different countries, so; you have to look that up first.
2. BitMex
A talented team of economists, pro traders, and web developers of the crypto market created the BitMex channel for crypto exchange, making it one of the Best Cryptocurrency Exchanges. There will be no issues with liquidity when you use this platform. This website presently deals with bitcoins and the futures contracts of bitcoins.
Here, you will also be able to purchase future contracts for altcoins like Ethereum, Bitcoin Cash, Litecoin, Cardano, and Ripple. You will very easily be able to register into this platform using your email id, and then you will be able to see the prices of cryptos that you can purchase.
3. Bitfinex
Bitfinex is again one of the big fives that are the most popular cryptocurrency exchange in the world. Bitfonex has its headquarters in Hong Kong and is active since 2014. They offer the users to trade between more than 13 cryptocurrencies either in BTC or USD. Cryptocurrencies such as bitcoin, dash, bitcoin cash Ethereum, monero, EOS, ripple, etc. are available for trade.
Unlike Poloniex and Bittrex, you will be able to use USD for trade. The traders will have to pay a fee for trading that lies between 0.1% to 0.8%. In this platform, you will also find advanced trading tools like trailing stop, stop order, kill or fill, limit orders, TWAP, etc.
4. Coinbase
Coinbase is located in the US, which serves the global market. As one of the Best Cryptocurrency Exchanges, this platform is easy for beginners and offers you one of the best reliability options and speed. When you use Coinbase, you can buy and sell cryptocurrencies at the same time. They also provide you with apps for both Android and iOS, which gives you the ease of exchange from anywhere you please.
You will be offered an enterprise-grade security standard, and they are in this business for quite a long time. Coinbase can be used from almost all the continents such as Australia, Asia, North America, Africa, Europe, and South America. In Coinbase, you will find some Stablecoins such as USDC, DAI, and these hold the same importance as other cryptocurrencies.
5. KuCoin
This is another platform that offers you hassle-free exchange options for cryptocurrencies. In KuCoin, you will find some of the most popular cryptocurrencies, such as $KCS, CHR, and many others. Just like Binance, even KuCoin will offer you functional mobile apps for both iOS and Android.
In KuCoin, you will have to deposit a crypto choice that you like, such as bitcoin, and start trading soon after.
Choosing Wisely: Best Cryptocurrency Exchanges for Your Needs
I hope you liked this article and share it with your friends who are looking for the same information. The fact is there will be many exchanges that will offer you this and that. But you have to remember that you should choose as per your crypto choices.
Update: Check out our recent feature on Jeff Sekinger where he shares five invaluable lessons learned from his journey in the crypto world.
