Digital Content Manager Are you in search of the best cryptocurrency exchange to buy and sell cryptos?
If yes, congrats! You’ve landed in the right place.
A cryptocurrency exchange is a marketplace in which you can buy and sell various cryptocurrencies like Ethereum, Bitcoin, etc. With cryptos creating a buzz across the globe, it has become a new standard for individuals to boost their revenue portfolio.
To buy cryptos, you need to create your account on any crypto exchange platform. The criteria to choose the best crypto exchanges are security, fees, and assessing whether they list assets that you readily buy.
Keeping these factors in mind, I’ve researched a lot and compiled the list of best cryptocurrency exchanges that facilitates buying and selling of digital currencies with few clicks.
1. Coinbase
With over 73M+ users, Coinbase is the largest cryptocurrency exchange in the United States. It supports different types of crypto coins like Bitcoin, Ethereum, Solana, Cardano, etc, and lets you manage your portfolio by tracking them in a unified interface.
Coinbase charges fees when you buy, sell or convert cryptocurrencies. It is calculated when you place your order and determined based on volatility, size of the order, and selected payment method. The fee details are displayed in the trade preview screen before you submit your transaction.
An added advantage is that it allows for recurring buys in which you can slowly improve your earnings by scheduling buys in terms of daily, weekly, or monthly patterns.
Recommended Reading – Reasons why people like Coinbase.
2. Kraken
Kraken is a versatile cryptocurrency exchange that lets you buy 50+ cryptos within minutes. It is a bitcoin exchange that has an intuitive interface and makes it easy for users ranging from beginners to advanced levels.
You can instantly buy, sell, convert bitcoin or other cryptocurrencies via kraken.com or via the Kraken app. It incurs a 0.9% fee for purchasing stablecoins with USD or purchasing them with another stablecoin. Also buying a stablecoin with another crypto (like BTC) will result in a 1.5% fee.
It comes with the best fiat currency options that let you trade as little as 24 hours from your deposit time. It offers fiat currency funding with US Dollars, Euros, Canadian Dollars with minimal fees. Note that depositing funds with CAD and EUR SEPA is free.
3. Gemini
Gemini is a privately owned cryptocurrency exchange that enables users to buy, sell, trade, store bitcoins, and other 40+ cryptos. You can get instant access via its user-friendly and streamlined interface in which you can view the 24-hour changes and percentage of changes.
It incurs a convenience fee of 0.50% and 3.49% for debit/credit card purchases. By getting access to useful features like recurring buys, dynamic price alerts, access to transaction histories, you can enjoy an enriching and secure user experience.
Note: Gemini offers a wide variety of fees schedules depending upon the product and usage level. You can view them by clicking here.
4. Binance US
Binance US is the most popular cryptocurrency exchange that lets you trade over 50 cryptos with less trading fees. In general, it incurs a 0.1% spot trading fee and a 0.5% fee for buying and selling. The trading fees are determined based on your trading volume (30-day period) and your BNB balance.
It is easy to use Binance US as the capabilities are available based on beginner, experienced and institutional traders. The list of features are as follows:
- Beginners (or) newcomers – creating an account in minutes, recurring buys, and low-cost trading.
- Experienced Traders – powerful interface with advanced tools, numerous cryptocurrency pairs, block trading, and limited slippage (difference between the expected price of a trade and price at which trade is executed) for larger funds.
- Institutional Traders – Dedicated sales coverage, higher funding limits for fiat and digital asset, and trading API.
As an added advantage it offers cutting-edge security which ensures that your crypto coins are highly secured. It is powered by matching engine and wallet technologies, making it one of the best and fastest crypto exchanges in the world.
5. Bitstamp
Bitstamp is a flexible cryptocurrency exchange that lets you buy and sell bitcoin and ethereum. It has its presence in over 100 countries and serves 4 million customers globally who benefit from its enormous crypto trading features.
Bitstamp offers dedicated 24×7 customer support and a leading uptime to boost transactions. It also eases your trading efforts as it comes with instant deposit options and transfers cash directly to your bank account.
With advanced trading tools, you can get premium access which comes with high liquidity and reliable order execution. Are you a beginner? Don’t worry. It offers a simple-to-use interface for those users who are getting started on the platform.
Note: You can view the complete fee schedule here.
6. Bittrex
Bittrex is highly known for its excellent security features compared to other popular crypto exchanges. It provides a multi-stage wallet strategy to ensure that the wholesome funds are kept in cold storage and also enables 2FA for an additional layer of protection.
Bittrex has a buy and sell option that enables individuals to exchange bitcoins and other assets within a couple of clicks. It also has a highly efficient and automated monitoring platform that enables ultra-speed transactions.
A unique aspect to accentuate is that it comes with a custom-built trading engine that is highly scalable and executes orders in real-time. It is one of those fewest crypto exchanges that doesn’t incur deposit fees but poses a small fee for withdrawals.
Note: You can find the list of Bittrex global fees that includes trading fees and transaction fees by clicking here.
Choose the best cryptocurrency exchange to buy and sell cryptos
I’ve done my part in suggesting to you the best crypto exchanges that readily help in increasing your crypto portfolio. When it comes to choosing the best crypto exchange, all you have to do is to evaluate your own interests and find an exchange that ideally aligns with your goals.
One thing you must remember is volatility. As cryptos tend to rise and fall, it’s mandatory to do some research before potentially investing in it.
So take some time to learn as much as you can before investing in crypto which is the smartest decision. Getting educated and then placing your step forward is perhaps the best methodology you can adopt.
