World's Best Top 12 Cryptocurrency Exchanges [All Time Favourites] When choosing the best cryptocurrency exchange to buy, sell, trade or...

World's Best Top 12 Cryptocurrency Exchanges [All Time Favourites]

When choosing the best cryptocurrency exchange to buy, sell, trade or invest in cryptocurrency; here's what you need to know about the services, charges and security features provided by a crypto exchange.

You should also check about supported currencies, pricing and withdrawal options.  

Most Crypto Exchanges operate with the intention of providing support to a specific demographic, or specific types of customers, such as where they are located,  or even the payment method they wish to use.  There are very few crypto exchanges that serve any type of customer needs.

Here is a list of some of the best and most reputed crypto exchanges in the world so that you can choose the best fit for you.  The list includes:- 

1> Coinbase

2> Binance

3> Robinhood

4> Crypto.com

5> Gemini

6> TradeStation

7> CEX.IO

8> Bitfinex

9> Bittrex

10> Kraken

11> PrimeXBT

12> Coinmama

 

1> Coinbase:

Coinbase is one of the best crypto exchanges in the world. It is very popular among traders for various reasons. You can also easily buy and sell Bitcoin, Litecoin, Ethereum, and over 50 other crypto coins. You can get some free token rewards for doing many activities on this platform. It offers robust security features along with transparent pricing. It makes trading cryptocurrencies easy.

Coinbase offers earning while learning about cryptocurrency. There are educational videos where you can earn cryptocurrency for watching these videos and answering quizzes.

2> Binance:

Binance is one of the best and largest crypto exchange in the world. Binance was founded in the year 2017 in China by Changpeng Zhao and Yi He. Prior to founding Binance, He and Zhao were both working at the OKCoin Exchange and have plans to build their own crypto exchange.

The company was forced to leave China in September 2017 after the Chinese government banned cryptocurrency trading. Therefore, since then, it has offices in Japan and Taiwan. Now it is currently located in Malta. Binance has its own cryptocurrency known as Binance Coin (BNB).

There are over 740 cryptocurrency and fiat currency pairs including Bitcoin, Ethereum and Binance Spot along with BNB.

Fees for buying, selling and trading cryptocurrency are as low as 0.1% on the trade.

You can earn an interest rate of 0.5 to 10% on your crypto coin staking.

3> Robinhood:

Robinhood Exchange is one of the best and oldest crypto exchanges. It was first launched in the US in the year 2013. It was started as a simple broker company for stock traders and is now one of the best crypto exchange for crypto trading. Robinhood started taking interest in the digital coin in the year 2018 and it planned to attract new and inexperienced investors by offering crypto services who were looking to get into the crypto trade.

Robinhood is more popular among its users as it provides user-friendly mobile app interface. Plus it doesn't charge any fees for crypto trades.

Apart from all its features, it offers reasonable security measures, which are expected by all its users.

4> Crypto.com:

Crypto.com is also one of the best and reputed crypto exchange. It was established in the year 2016 in Hong Kong. It allows its users to easily buy, sell, spend and trade in crypto coins. It provides services at very low prices, as it charges very low fees which start between 0.04% to 0.20%.

In addition, Crypto.com offers its users a non-custodial DeFi wallet, which can be monitored through a separate app of its own.

Using this, you can easily link that account with your main account to transfer funds easily.

5> Gemini:

Gemini Exchange is one of the best and largest cryptocurrency exchanges in the world. It was launched in 2015 by Cameron and Tyler Winklevoss. If you look at the popularity, there are more than 13.6 million active users here. Gemini Crypto Exchange allows to buy, sell, trade and securely store Bitcoin, Ether and over 40 other cryptocurrencies. It also has its own currency, which is known as the Gemini Dollar.

6> TradeStation:

TradeStation is a Florida based company, established in the year 1982. It is one of the oldest company. It is primarily known for its stock trading, it also allows.

Cryptocurrency based services on its platform. Currently, it offers the most popular 4 cryptocurrency options which are as follows:- Bitcoin, Bitcoin Cash, Litecoin and USD Coin. It allows its users to buy, sell, invest and trade. TradeStation is very easy to use.

7> CEX.IO:

CEX.IO is a trusted and leading exchange in the crypto industry. It was established in the year 2013, and currently has offices in the US, UK, Cyprus, Gibraltar and Ukraine.

CEX.IO offers services like buying cryptocurrency with a card and selling it instantly with instant top up of your card.

It also offers services like instant exchange, where you can convert between multiple crypto and fiat currencies. It offers hassle free Staking rewards for its customers to have only stake-able coins in the account, and much more.

It is beneficial for beginners as well as at professional level.

8> Bitfinex:

Bitfinex is also one of the reputed crypto exchange in the world of crypto industry. It is one of the longest lasting and most liquid major crypto exchanges.  It was established in the year 2012, and since then it has become the preferred crypto platform for traders and its users.

Bitfinex is a Hong Kong-based cryptocurrency exchange owned and operated by iFinex Inc. It's headquartered in Hong Kong and registered in the British Virgin Islands.

Bitfinex charges a trading fee of 0.20% for the takers. It also offers a waiver of 0.10% maker fee which promotes liquidity in the exchange.

There are 3 main wallets by default on Bitfinex Exchange, which are as follows:-

a) Exchange Wallet: This is for exchanging money between supported currencies on the Bitfinex exchange.

b) Margin Wallet: Margin Wallet is meant for trading leveraged short and long positions.

c) Funding Wallet: This is for providing margin funding to other traders.

9> Bittrex:

Bittrex is a United States based cryptocurrency exchange that was founded in the year 2014 by 3 former cyber security engineers at Amazon. Bill Shirara, Richie Lai and Rami Kavach are the names of three engineers.  It is now run by CEO Stephen Stonberg, who has over 25 years of experience in finance in London and New York.

Bittrex is considered to be a very safe and secure crypto exchange. It offers security features like 2 Factor Authentication (2FA) and cold storage wallet to ensure the safety of its customers' funds.

Since Bittrex offers a high level of security to its users, the fee is charged slightly higher than that of its rival which is justified.

10> Kraken:

Kraken is a San Francisco based cryptocurrency exchange that was established in the year 2011. Trading Operation was formally launched in the year 2013.

Kraken is one of the best and latest yet biggest crypto exchanges in the crypto industry. It is suitable for newbies to its features as well as advanced traders. It offers a wide range of funding options, low fees, and a comprehensive security.

11> PrimeXBT:

PrimeXBT operates from Seychelles and was founded in the year 2018. It has grown rapidly in a very short span of time since its inception and has clients from 150 different countries across the globe.

PrimeXBT is the best, secure, reliable, very fast crypto exchange in the crypto industry.  PrimeXBT is a bitcoin-based platform.  To open an account on PrimeXBT, you do not need to present any documents. KYC process is not done here.

One of the least active crypto exchanges, PrimeXBT offers 7 cryptocurrency trading pairs; which includes the following:-

1) Bitcoin (BTC)

2) Litecoin (LTC)

3) Ethereum (ETH)

4) Ripple (XRP)

5) Tether (USDT)

6) EOS

7) USD Coin (USDC)

PrimeXBT exchange offers its new users a 50% bonus on the first deposit used on the trading platform. But to qualify for this bonus a new user must make an initial deposit of at least 0.01 BTC.

 

12> Coinmama:

Coinmama was launched in the year 2013, is registered in Slovakia while its owner New Bit Ventures is based in Israel. It was established to create the simplest financial services in the crypto industry. Since its inception, it has over 2.3 million users in 197 countries around the world.

Coinmama is a simple and user-friendly platform, where a novice can easily perform all the activities.  Since Coinmama never holds cryptocurrency funds of its customers, nor does it store their payment information. This automatically eliminates the risk of its users losing crypto coins.

Remember one thing, Coinmama does not provide any wallet address, so when providing any wallet address to Coinmama you should make sure that your wallet address is correct and accurate, because if you make any mistake, Coinmama will have no way of retrieving your crypto coins.

Coinmama is an exchange in the crypto industry that provides a very fast and efficient way to buy crypto coins using a credit/debit card (Visa or MasterCard). This exchange is more suitable for those who want to buy crypto coins without any delay and lengthy procedures. It is another matter that this exchange charges a premium in fees for providing its advanced services, discretion and speed.

Thanks for reading. If you have any questions then write in comment, I will definitely answer it.