Cryptocurrency and blockchain have entered our life and expanding the use cases. Many people have mastered the market and become crypto traders.
High volatility is typical for digital assets, which allows for making enormous profits from the price difference.
A cryptocurrency exchange is a service for transactions with digital assets. It’s not only buying and selling assets but also a number of other tools:
- staking;
- trading futures;
- p2p exchange;
- spot market;
- etc.
The best cryptocurrency exchange is the one that has a centralised type of governance.
Such platforms always comply with all the anti-money laundering and know-your-client rules and ensure users’ safety.
Here are the top 10 cryptocurrency exchanges that belong to a centralised type:
- Binance
- KuCoin
- Huobi Global
- Kraken
- Coinbase
- Bithumb
- FTX
- WhiteBIT
- Poloniex
- Gate.
Let’s take a closer look at some of them.
Coinbase
The platform offers a list of all popular crypto assets for trading – over 500 assets, including the most popular such as BTC, ETH, etc.
The platform offers a wallet where you can keep your crypto assets and NFTs.
The fees on the platform depend on the position you open and the combination of other factors. You can see the fee size when placing an order to buy or sell crypto.
The platform is easy for beginners. To access lower fees and more trading tools, users are invited to Coinbase Pro.
WhiteBIT
It is a cryptocurrency exchange in UK and other European countries with over 2 million users. The platform offers over 400 crypto pairs and a full range of trading tools. Both beginners and advanced traders will find this exchange suitable.
The fixed fee does not vary depending on the transaction amount – 0,10%.
The platform offers a demo account with demo tokens for you to use in practice.
Now we have a vision of some of the best cryptocurrency exchanges. Before starting to work with one of them, find the information about the conditions, fees, and functionality.
