Trading or investing in digital assets by using the biggest crypto exchanges has grabbed quite the attention from people of all age groups and from all over the world. The introduction of crypto assets has revolutionized the global financial system. Stepping into the crypto space is also considered to be a new opportunity for people to experience a more independent kind of financial system.
However, starting crypto trading or investing comes with its own set of challenges, especially for someone who is new to it. Buying, selling or trading digital assets requires the interested parties to have some information about the market. People should know which cryptocurrencies they want to invest in, which trading strategies to go for and most importantly which crypto exchange to choose.
While choosing a platform to buy or trade digital currencies, having an idea regarding your options is crucial. Therefore, as a potential crypto investor or trader, you should know about some of the largest crypto exchanges mentioned here and choose a platform that matches your criteria and requirements the most.
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Biggest Crypto Exchanges – KuCoin
KuCoin was established in 2017 and is known as “The People’s Exchange.” It is one of the biggest platforms that is now capable of handling a large audience, from all across the globe. It offers technologically advanced features and services that make it one of the most innovative crypto platforms in the crypto market.
This is one of the top exchanges for people who are interested in margin trading as it offers a leverage of up to 100x. It requires the users to complete the KYC verification for the enhanced security of the platform and to allow users to withdraw large amounts of BTC from their accounts.
To add to the security of the exchange and users’ funds, KuCoin also makes use of leading-edge security systems and features such as multi-signature offline crypto wallets. As a potential user of this exchange you can choose any digital asset from more than 200 cryptocurrencies that are available.
It is not only one of the largest Bitcoin exchanges but it is also secure and prioritizes customer satisfaction above all else. It offers mobile support for Android and iOS users and charges one of the lowest fees in the market (0.0005 BTC withdrawal fee).
Coinbase Exchange
Coinbase is one of the biggest crypto exchanges in the USA and is arguably one of the best as well. This platform is not only known in the United States but it offers its services to over 43 million verified users, in 100+ countries across the globe.
It is not only one of the largest crypto exchanges but is also one of the safest as it is a fully licensed and regulated exchange. It supports more than 55 digital currencies and people can buy or trade any one of them.
Coinbase exchange has its own wallet, recently launched, that offers a private key for the users to ensure additional security. The high-end security systems ensure that the fraudsters and hackers are unable to access the exchange or users’ funds.
It offers insurance on digital currencies and supports several payment methods. It also offers educational content and videos to help beginners in understanding crypto trading and investing and has a Coinbase Pro version for the advanced traders.
Its fee structure is slightly higher than some of the other biggest crypto exchanges but some users consider it to be worth all the services the platform has to offer.
Binance Exchange
Binance is the largest cryptocurrency exchange in the world and is known for more than its trading volume. There are several factors that contribute to the popularity of this exchange.
It was established in 2017 and since then it has stood out among its competition in the market. The Binance exchange is a centralized platform that works on improving the services it offers to the users.
It has several outstanding aspects that make it one of the top platforms among a list of the largest Bitcoin exchanges in the market. It supports over 400 trading pairs and offers advanced trading tools for the experienced traders.
It focuses on the security offered to the users and makes use of cutting-edge security systems. It caters to the needs of beginners and experts through the Classic and Advanced user-interfaces. It also offers guides and tutorials, free of charge, for the people who are new to the crypto space. It supports several payment methods and charges one of the lowest fees in the market.
Therefore, among some of the biggest crypto exchanges, Binance is indeed a prominent option if it matches your criteria.
Conclusion!
Choosing a platform from some of the biggest crypto exchanges can be time-consuming, stressful and even intimidating. However, if you are familiar with some of your options then finding a suitable and top exchange can become easier. Therefore, as a potential investor or trader you need to know the top options mentioned above.