Trading crypto assets is not a simple task and if you are new to crypto market then selecting a credible, safe, and popular crypto exchange is a necessity. Additionally, security is one of the key paramounts when you want to keep your assets safe. Therefore, you need a crypto exchange that has robust security systems and processes transactions in a matter of minutes.
This is a list of popular crypto exchanges in the market that have a strong reputation for keeping user funds safe while offering multiple trading options and deep liquidity.
Popular Crypto Exchanges in 2022
Binance is stated to be one of the market’s biggest crypto exchanges according to its trading volume and number of users. The exchange has millions of users around the globe. It provides various unique tradeable products and trading options that appeal to users. The exchange has an interactive UI for both advanced and newbie traders. Moreover, Binance also has a US based extension knowns as Binance US that offers trading services to US residents. One of the most compelling aspects of this exchange is that it has a competitive fee structure. The trading fee is based on a maker and taker model. Lastly, this is one of the most popular crypto exchanges that executes high-end security protocols to keep user funds safe against any sort of thefts and systematic failures.
Coinbase is one of the earliest and most popular crypto exchanges that deals with a wide selection of famous crypto assets. This exchange is one of the most recommended exchanges for someone who is new to crypto trading. It has two different UIs for new and seasoned traders. Moreover, the exchange is regulated and supported by US legislation. This means the users in US can also trade on Coinbase. The exchange also has a detailed and comprehensive knowledge base and a FQAs section that helps many queries of users. In addition to the knowledge base, Coinbase has robust customer support that addresses user problems promptly.
FTX is a new contender as compared to the above-mentioned popular crypto exchanges. This exchange was bult by a group of advanced and seasoned traders for other traders. This means that the exchange full fills all the shortcomings of other trading platforms. Exchange is completely safe and processes user transactions in just a few seconds. It is well-regarded by users for its unique trading products and options. The exchange supports various payment gateways and crypto assets. Moreover, this exchange allows users to tap into various trading markets like spot and futures. With time, FTX features introduces impressive discounts on its trading fee and leverage option which attracts a huge community of seasoned traders to this platform.
Kraken is another popular exchange that is regulated in the US as well. Just like other exchanges on this list, kraken is also famous for its trading option, high-end security, cryptocurrencies options, and deep liquidity. The exchange was first introduced to the market in 2013, since then it has never failed its users by providing quality and safe trading experience around the globe. It has a desktop and mobile app which allows users to trade anywhere and anytime. People who are interested in margin trading can benefit a lot from this exchange as it offers a huge leverage percentage. Moreover, traders on this exchange can consult one another.
Like FTX, KuCoin is also a new and popular crypto exchange in the crypto environment. The reason it is on this list of famous and credible trading platforms is that KuCoin offers advanced trading options and a high degree of security. It offers support to a wide range of cryptocurrency pairs, which means traders can buy, sell, and trade a various crypto asset. The one and only drawback to this exchange is that it doesn’t support fiat currencies.
Bitfinix is a prominent name when it comes to the list of popular crypto exchanges that are providing its users with the ultimate trading experience. This exchange is famous for delivering innovative trading options and unparalleled customer service for its users around the world. The trading exchange possesses top-tier liquidity, enabling end-users to easily exchange famous crypto assets.
Some people view crypto trading as a bubble, while others think it will change the world. No matter what, everyone is looking to invest in crypto therefore this list of popular crypto exchanges will help them select the best suited crypto exchange. All the above-mentioned platforms are reliable and efficient. So, give it a try and see for yourself.
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