There are several popular crypto exchanges in the market that help interested parties in buying, selling or trading cryptocurrencies. However, different exchanges offer different services and also vary in terms of the features they offer to the users.
Therefore, before using an exchange, it is important to spend time and take a look at the specifications of different platforms to identify the one that is most suitable for you. You can choose a crypto exchange based on its availability in your region, fee structure, leverage, customer support and a lot more.
Here is some information about the most popular crypto exchanges in the market that can help you make the right decision regarding which exchange you should opt for.
One of the Popular Crypto Exchanges – Binance
Binance is the largest crypto exchange in the world with approximately 5 million users from around the globe. This exchange supports more than 200 cryptocurrencies, which is one of the reasons why it grabs the attention of a vast audience.
It also offers a good and transparent fee structure, as compared to most of its competitors in the market. As a crypto investor you can purchase the crypto assets supported by the exchange without paying any fee. You can also withdraw your funds from the exchange at any time and pay a market based fee.
It offers several deposit methods, which is another reason why many crypto enthusiasts are intrigued by the platform. You can make a deposit by using:
- Credit Card
- Crypto assets
- PayPal
- Wire transfer
Binance is not available for crypto investors or traders in the U.S.A. However, there is a separate platform established for the U.S. citizens that is called Binance U.S.
Binance is one of the popular crypto exchanges that makes use of advanced technologies to ensure safety of the users’ funds and more. Therefore, if you are looking for an exchange that offers high liquidity, excellent customer service, a straightforward user interface and more then Binance can be a suitable option for you.
Bybit
Bybit is one of the top 10 crypto exchanges that you should know about. This exchange is a peer-to-peer (P2P) exchange that can handle 100,000 transactions per second, which is much better than its competitors.
Bybit was founded in 2018 and it has since grown to be one of the best crypto exchanges in the world. One of the biggest reasons why a great number of people choose Bybit is its remarkable customer service. The customer service agents at Bybit are experts and are available 24/7 to assist the users in case of any question, concern or emergency. If you use Bybit and you want to contact the customer service agent you can simply get in touch by clicking on the chat button on the bottom of the screen.
Bybit is one of the popular crypto exchanges in the crypto market for several other reasons that include:
- Simple user interface
- Easy-to-use mobile application
- High liquidity
- Transparent fee structure
- Easy procedure to sign up
Coinbase
Coinbase is one of the well-known exchanges in the crypto exchange list. This exchange supports a much smaller number of cryptocurrencies (more than 20), nonetheless, it is a secure and suitable exchange for crypto investors and traders.
The brand equity of Coinbase is unlike any other crypto exchange, which is one of the reasons why it is among the most popular crypto exchanges. It also offers a wallet to the users, which makes Coinbase a one-stop shop for the interested parties.
Apart from having a simple and easy to navigate user interface, Coinbase also has a Coinbase Pro service. As the name suggests, Coinbase pro is for people who are more experienced at trading and look for advanced trading tools and more.
Gemini
Gemini is one of the popular crypto exchanges in the market, thanks to its founders who are the famous Winklevoss Twins. This exchange enables the users to purchase Bitcoin and other supported cryptocurrencies instantly and easily.
This exchange charges a low fee as compared to other exchanges in the market (buying fee 0-1% and withdrawal fee 0.10%). It is a safe and secure exchange and also offers several deposit methods that include:
- Wire transfer
- Credit Card
- Cryptocurrencies
This is one of the top 10 crypto exchanges that is available in the market and you can choose it if it is according to your suitability.
Also Read: BITCOIN MARKET ANALYSIS JUNE
Conclusion!
If you know about the popular crypto exchanges in the market, it will help you choose an exchange that is safe and makes crypto investing and trading easy and safe for you. Therefore, as a potential crypto investor or trader, it is important that you have the essential information mentioned above.
