Understanding the whole concept of cryptocurrencies can be daunting in many ways. This becomes all the more evident when you are new to cryptocurrency trading. Thus finding the right platform where you can buy and/or sell crypto assets like Bitcoin, Ethereum, etc. is the need of the hour. A point worth a mention is that quite a good number of cryptocurrency exchanges offer features like staking reward, margin trading, crypto trading tools, and a lot more. On that note, here is our find for the top 10 cryptocurrency exchanges in November 2021.
eToro came into existence in the year 2018. It is a simple interface and one can choose from 20 different cryptocurrencies here. Though the number of cryptocurrencies in the list is limited to about 20, a point worth a mention is that the list does cover Bitcoin and Ethereum. One can invest up to $100,000 worth of crypto and track its progress. The users get a gist of how volatile the cryptocurrency market is.
This easy-to-use cryptocurrency exchange offers insured custodial wallets for investors and traders to store their investments. With over 50 cryptocurrencies, Coinbase is easy to use and understandable for beginners. The cryptos are secured and stored in a manner that they are protected from threat of hacking and digital theft.
Quite evidently, Coinbase Pro is an advanced version of Coinbase. Here, the users can enjoy additional features for trading cryptocurrencies. Similar to Coinbase, the cryptos are secured and stored in a manner that they are protected from the threat of hacking and digital theft.
Gemini grabbed eyeballs ever since it was launched in the year 2015. Being a platform for over 40 cryptocurrencies, Gemini has succeeded at adding value for more seasoned investors. Most of the cryptocurrencies here are kept in an offline cold storage system. Here, the interface is simple enough for beginners to get a hang of it and also certain tools and features are available that are suitable for advanced investors.
The Binance exchange, founded in 2017, has a strong focus on altcoin trading. It offers over 100 different trading pairs between different cryptocurrencies and plenty of fiat-cryptocurrency pairs as well. For the ones who would like to trade or invest in lesser-known altcoins, there cannot be a better alternative than Binance. Yet another reason why this exchange makes it to the list of top cryptocurrency exchanges is because of its low fees.
Coinmama, an exchange registered in Slovakia, is owned by an Israeli company – New Bit Ventures. It has over two million users from 197 countries. This cryptocurrency exchange is ideal for first-time investors in crypto as it comes with a simple to use interface. A point worth a mention is that this is the first exchange to allow users to make purchases using credit cards.
This cryptocurrency exchange was established in 2014 and is regulated by the New York State Department of Financial Services. Just like any other cryptocurrency exchange, one can definitely trade in cryptocurrencies here. But apart from this, the registered users can have access to several other financial services as well.
Additionally, the users can deposit funds in accounts and earn a high rate of interest on these funds.
This cryptocurrency exchange currently supports traders in nearly 200 countries and is a platform for over 80 cryptocurrencies. It offers margin trading and futures trading. The margin account feature is such that you can borrow up to five times your account balance to trade crypto assets.
Bittrex stands apart from the rest of cryptocurrency exchanges in a lot of areas. One such area is that of a two-factor authentication wherein the exchange uses a multi-stage wallet strategy to make sure funds are kept in secure, cold storage (offline storage). Yet another remarkable feature of this exchange is that the transaction fees are also notably lower compared to other exchanges.
Abra is one of those mobile cryptocurrency exchanges that boasts of offering more than 100 cryptocurrencies, including bitcoin, ethereum, dogecoin, and others. In addition to this, the platform also provides custodial storage services, interest account options, loans (with interest rates as low as 0%), and a lot more. It has its presence in about 150 countries.
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