Trading and Investing Bitcoin or Altcoins can be intimidating initially. There are several news that reaches the ears of people about the scams and money lost in it. Since the inception of cryptocurrency many cases has been recorded, and it never been so simple to invest in Cryptocurrency. But advancement in the crypto space has changes the perspective of crypto trading.
Saftey and security is the foremost thing while trading cryptocurrencies. Whether its a long term investment or short term investment, many users like to maintain the anonymity or simply
want ease of use, the following exchanges are the best for any use case you may have.
want ease of use, the following exchanges are the best for any use case you may have.
The list covers the top most exchanges for certain types of traders as well as the best exchanges within each type of exchange. There are a
number of ways to go about investing in Bitcoin or other
cryptocurrencies. To learn more about how the different exchange types
differ, please read on after the list of exchanges.
Coinbase
Coinbase is the most widely known and used crypto exchange in US. It was founded in 2012, not long after the introdution to Bitcoin. Its a fully regulated and licensed crypto exchange. And it hold license over 40 US states and territories. As Pros it holds Solid variety of altcoin choices, Extremely simple user interface, Very high liquidity. The fees in the exchange is between $0.99 and $3.00 depending on the dollar value of the purchase. Coinbase had dodged any controversy unlike other crypto exchanges.
Coinbase offers an extremely easy-to-use exchange, greatly lowering the
barrier to entry for cryptocurrency investment, which is typically seen
as confusing and convoluted.
CashApp
CashApp is Best for the beginners and is a P2P money transfer system. This type of service allows users to split food, pay rent to a roommate, or
even shop online at a retailer that supports CashApp. The users can hold debit cards also. The CashApp has even more features-Peer-to-peer money transfer like Venmo or Zelle, Ability to withdraw Bitcoin, Extremely simple user interface that is great for beginners. For thee Fees: CashApp charges a service fee for each
transaction. It also charges a fee determined by price volatility. These
fees change depending on the market’s activity.
Binance
Binance exchange is an exchange founded in 2017 with a strong focus on altcoin trading. Binance offers nearly 600 different trading
pairs between different cryptocurrencies. It does offer some fiat/crypto
pairs, but most of its pairs are between cryptocurrencies. Other Pros include-
Lower fees than other commonly used exchanges, Large variety of cryptocurrencies and trading pairs, More advanced charting
The Fees inclues: 0.1% for the taker side and 0.1% for the maker
side. This scales down with trade volume to 0.02% for both sides of the
trade. Using Binance’s native cryptocurrency, BNB, lowers fees by 25%.
If you are a crypto entrepreneur wanting to develop a platform like Binance, Localbitcoins, Paxful by integrating an app like localbitcoins clone app, Binance clone app, Paxful clone app etc., consult to our experts sooner. Our experts are very much experienced in DApp development, cryptocurrency exchange development, Decentralized exchange development, Smart contract based MLM platform development. We also provide MLM clone scripts and cryptocurrency exchange clone scripts.
If you are a crypto entrepreneur wanting to develop a platform like Binance, Localbitcoins, Paxful by integrating an app like localbitcoins clone app, Binance clone app, Paxful clone app etc., consult to our experts sooner. Our experts are very much experienced in DApp development, cryptocurrency exchange development, Decentralized exchange development, Smart contract based MLM platform development. We also provide MLM clone scripts and cryptocurrency exchange clone scripts.
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