What are Some of the Popular Crypto Exchanges in 2021?

Carefully choosing a crypto exchanges to buy, sell or trade digital assets is an important step that should not be overlooked, especially if you are a beginner. You will have numerous options to choose from. However, understanding which platform outshines the other can be a tough call if you do not know which precedents to look at and which features to compare.

Therefore, if you are a first-timer, you need to know that the fee structure, security systems, trading tools, options, styles, supported cryptocurrencies, customer and mobile support are some of the essential factors you need to consider. These details will help you determine which platform is closest to your trading requirements and other criteria.

Apart from knowing what to look for, you should also know about some of the best crypto exchanges. Having a list can help you compare the information and features of different platforms to finalize one.

Here are some of the most well-known cryptocurrency exchanges in 2021.

Coinbase Crypto Exchange

Arguably the largest cryptocurrency exchange in the United States of America, is the Coinbase exchange. This platform is known among crypto investors and traders all around the world. The features it offers to its users are the reason it is in the spotlight.

It focuses on ensuring that its users, experienced and inexperienced alike, can easily buy or trade digital assets. For this purpose the Coinbase exchange has a strict security, transparent fee structure and user-friendly interface.

This is one of the biggest cryptocurrency exchanges in the world and offers very high liquidity among other things. It is a suitable option for both beginners and experts, thanks to the features it offers such as charts and indicators used for crypto trading.

One of the most highlighting factors about this crypto exchange is that it has a version called Coinbase Pro, that specifically caters to the needs of expert traders. There are trading tools and features available on this version that every crypto trader looks for. Therefore, whether you are a beginner or an expert, Coinbase exchange can be a good option for you.

Binance Exchange

The Binance exchange is the largest crypto coin exchange in the world. Binance global is available in hundreds of countries across the globe, however, one of the countries it does not offer its services to is the United States. Therefore, Binance global launched another version Binance U.S. specifically for its customers in the USA.

It is a reputable crypto exchange that takes customer satisfaction and safety quite seriously. This platform really stood out from its competitors and rose through the ranks since its establishment in 2017.

If you use this exchange you will be required to pay 0.1% trading fee, which is quite low. There are several ways to make payments including debit and credit cards.

Binance exchange supports a wide range of crypto assets and makes use of security systems such as two-factor authentication. With a low fee, strong security and user-friendly interface, Binance can be considered as one of the best exchanges for crypto in the market.

Kraken

Another US-based crypto exchange that stands out among its competition is the Kraken exchange. This is one of the safest crypto exchanges that also focuses on offering impressive customer support. It is known for its features and services offered to the users.

This is one of the oldest crypto exchanges in the USA and currently supports more than 50 digital currencies. This makes it a place of interest for a large audience who are looking to explore their options on which type of crypto asset to purchase or trade.

This can be the best crypto exchange for you, whether you are a beginner or an expert, thanks to the three packages of accounts it offers. These packages are starter, intermediate and professional.

Depending on the amount that you want to trade, the average trading fee you would be required to pay ranges from 0.9% to 1.5%.

Kraken is a well-reputed crypto exchange that also has an impressive user-interface. It also offers remarkable customer service that is available for the users around the clock and requires the users to provide identity documents for verification of the account. At the moment, it accepts 7 fiat currencies that include USD, CAD and EUR.

Key Takeaways!

There are numerous options for you in the market, however, you need to focus on finding the best crypto exchange, whether you are a beginner or not. There are multiple factors you need to keep in mind so you can make the right decision and choose a suitable platform for crypto investing or trading. The above-mentioned crypto exchanges are some of the top options in the market. You should have this information so you can get a good idea about what kind of platform to choose.