Buying, selling or trading cryptocurrency for the first time can be an intimidating experience. The stress and challenges can further increase for the first-time investors or traders, especially if they do not choose a secure crypto exchange.
The digital currency industry has undoubtedly grown in the last few years. With the growth of the industry, the digital assets have also acquired recognition, which has led major corporations to invest in cryptocurrencies such as Bitcoin. The potential and utility of digital currencies is also increasing as global companies are stepping into the crypto world.
This growth may be an indication for the interested parties to choose a secure and suitable exchange and start buying or trading crypto. Knowing about the most popular crypto exchanges can make crypto trading and investing a lot easier, which is why, the first-time investors and traders should have the following information.
One of the Popular Crypto Exchanges – ByBit
ByBit is the safest crypto exchange for beginners and experts, alike. This platform prioritizes the safety of its users and offers the fastest way to trade or invest in cryptocurrencies. ByBit is a user-friendly Bitcoin and Ethereum platform that also accepts XRP and EOS.
ByBit is one of the top crypto exchanges that offers around the clock customer service to ensure customer satisfaction. It does not require KYC (know your customer) and offers an impressive sign up bonus.
ByBit is at the top of crypto exchange list as it has the capacity to handle 100,000 transactions per second without any delays or problems and it offers high liquidity. This platform also offers a low fee as compared to its competitors in the market. The user-friendly interface of ByBit desktop and mobile platforms, safety and the above-mentioned factors makes it one of the popular crypto exchanges for first-time investors and traders.
Binance
Binance is the largest crypto exchange in the world with the capacity to handle1,400,000 transactions per second. Binance supports more than one hundred cryptocurrencies that include Litecoin, Ethereum and Bitcoin, making it one of the top crypto exchanges in the market. This platform is the most suitable for trading or investing in altcoins and makes it easy for beginners and experts, alike.
Binance is one of the most popular crypto exchanges and enables the users to buy or sell crypto within a few minutes. Potential investors can use their bank accounts, credit or debit cards to purchase cryptocurrencies from Binance. This crypto exchange offers a low fee on crypto trading and has the highest trading volume.
Coinbase
Coinbase is one of the most popular crypto exchanges where all interested parties can easily and quickly sell or buy Bitcoin and other cryptocurrencies. Coinbase was established in 2012 and is now available in more than a 100 countries. One of the biggest benefits of using Coinbase is the added security it offers to its users.
There are also mobile-friendly applications for both Android and iOS users. Since the establishment of this platform, people have successfully traded over $50 billion, placing Coinbase amongst the top 10 crypto exchanges in the market. Unlike other crypto exchanges, Coinbase also allows the users to purchase Bitcoin and other cryptocurrencies by using fiat currency.
PrimeXBT
PrimeXBT was launched in 2018 and is now an award-winning crypto exchange. This platform has significantly expanded and now has users from 150 countries all around the globe. PrimeXBT makes use of a number of leading-edge technologies that ensure ultra-fast trading without any problems.
PrimeXBT is one of the popular crypto exchanges that prioritizes customer satisfaction and safety. As compared to other crypto exchanges, PrimeXBT offers a low and transparent service fee. Users can choose from a number of asset classes that are offered by the platform.
PrimeXBT offers a powerful yet user-friendly trading platform that can be used by both beginners and experts.
eToro
eToro is amongst the top 10 crypto exchanges and can be used by inexperienced investors and traders. eToro is one of the best crypto exchanges with more than 18 million users on a global scale.
This is one of the safest crypto exchanges in the world and offers the trading of a wide range of different assets. Some of the cryptocurrencies available for trading on eToro include:
- Cardano
- Bitcoin
- Ethereum
- Litecoin
- EOS
- Dash
The mobile app developed for eToro is user-friendly and intuitive, which makes crypto trading and investing easy and quick for all interested parties.
Conclusion!
Crypto trading and investing can be easy, secure and quick if the interested parties choose a suitable crypto exchange. Therefore, people interested in buying, selling or trading cryptocurrencies should know about the popular crypto exchanges that are mentioned above.
