If you are looking to buy cryptocurrency, an exchange is a next thing you should look for. An exchange is a crypto marketplace for buying and selling cryptocurrencies. In this post, I’ll be sharing the top best user-friendly crypto exchanges you should use. As a newbie, there are some important things you should note before deciding to use any trading platform.
Before choosing a crypto exchange, these are the few things you must take note of:
- is it available in your country
- available cryptocurrencies
- trading fees
- the reputation of the crypto exchange
- security of your data and funds
- is KYC compulsory?
Best crypto exchange for beginners 2022
Binance — the worlds largest cryptocurrency exchange with a wide selection of cryptocurrencies. it allows you to run almost all trading functions, ranging from p2p trading, spot trading, futures.
Available cryptocurrencies on Binance: 300+
Trading fees: 0.1%
Okex — OKEx is owned by a Chinese developer Star Xu, he launched Okex in 2014. Like many Chinese exchanges, OKEx moved from Hong Kong to Malta to avoid crypto regulations and so on.
If you’re considering OKEx, you should know that the exchange focuses on a more experienced clientele and corporate investors.
Available cryptocurrencies: 200+
Available trading pairs on Okex: 500+
Okex trading fees: 0.15%
KuCoin — a beginner-friendly crypto exchange for small-cap coins and tokens.
Hotbit — if you are looking for a crypto exchange that doesn’t require KYC verification, then Hotbit is your sure platform to use. Though it’s the home of shitcoins and different pump and dump projects, it sure has different other top altcoins as well and it’s easy to use as well.
Coinbase — is an advanced trading platform with a more complex interface and features. they have the Coinbase Pro and the simpler version for newbies.
Remitano — is one of the best peers to peer grading cryptocurrency exchange.
Here is the list of top cryptocurrency exchanges and their features. If you need a platform you can use without KYC, Hotbit is for you. if you need an all-around crypto exchange for all functions, Binance is your sure plug.