We all are well aware of the USD, Euro, INR government money that has been used for years for trading purposes. But, do you know that there is also virtual money that may be transacted in the same way as regular money but does not actually exist in the real world? Yes, this currency is known as cryptocurrency. It is a type of digital currency that can function as an alternative payment method and is produced by encrypting data. Trading in digital currencies like crypto currencies is a part of the cryptocurrency Industry. The trading involves constant monitoring of price changes.
Additionally, it involves buying and selling the underlying coins on an exchange. There are many such platforms out there but the best cryptocurrency trading platforms have great user experience while trading and offer wide variety of products which help investors grow their wealth. Want to know about these platforms in detail? Keep on reading the article.
All about the best cryptocurrency trading platforms
Trading of cryptocurrency requires a reliable platform. If you want to know about how to trade crypto then keep on reading.
- Coinbase: It is the best platform for beginners. It is user-friendly and intuitive. It is highly touted as one of the top cryptocurrency exchange for beginners because it features a user-friendly interface, rich instructional resources on topics like volatility and blockchain, and strong security features. One of the biggest and most well-known exchanges in the United States is Coinbase. Its entry into the open market last year was viewed by many as legitimising the cryptocurrency industry.
- Binance.US: To do the best crypto investment, you can always rely upon Binance.US. It is widely chosen because it has one of the most generous fee structures among all the trading platforms. This feature makes it the top cryptocurrency exchange with low fees. As per trading volume, Binance is the biggest cryptocurrency exchange in the world. Its American partner, Binance.US, shares many of the benefits of Binance. A competitive maker/taker fee system with a 0.1% cap is one of its best features. Also, it offers discounts for trading other coins using Build and Build(BNB), which is its own native token.
- Crypto.Com: Due to its numerous levels of defence against cryptocurrency fraud and online threats, Crypto.com is known as the most secure cryptocurrency exchange platform. The exchange is ranked first among the top 100 exchanges by cybersecurity rating according to the Cybersecurity Ranking and Certification Platform. Crypto.com makes use of diverse security measures to protect customers’ crypto assets on its trading platform, including frequent software peer-review, offline cold storage for all crypto, and a regulated custodial bank account for fiat money. Along with a password, biometrics, email, phone, and authenticator verification. It also uses multi-factor identification. To get a free crypto coin, you can choose this platform too.
4. Kucoin: A prominent cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies is called KuCoin. The platform enables margin, futures, and peer-to-peer (P2P) trading in addition to standard trading choices. Users have the option of lending or staking their cryptocurrency to receive incentives. KuCoin has affordable trading fees in comparisonto some of its rivals, making it a desirable choice.
5. Easy Coins :EasyCoins is a relatively new entrant to the list, but is a worthy addition. EasyCoins is founded by Crypto Native Leadership Team who have experience in handling Billions of dollars of daily trading volume. In addition to Spot, Futures and Margins, they are pioneers in Structured Products in Crypto, which can offer investors 25–30% APY in BTC and Ether. These Structured Products are very popular in Financial World seeing trillions of dollars of investment every year, however they are restricted to ultra-high net worth individuals, family offices and hedge funds. EasyCoins aims to offer these products even to retail investors, so even they get the benefit of these products which were earlier offered exclusively to Wealth individuals only.
Apart from these, there are many other platforms from where you can buy crypto currency.
