With bitcoin rising to $ 30,000 in 2021, the number of people looking for reliable cryptocurrency exchanges has grown. Trading cryptocurrencies differs from trading in the stock market with high risks, due to the volatility and uncertainty of the market. For beginners and traders who are moving from the investment market of stocks and bonds to the cryptocurrency market, we have compiled our review of the best cryptocurrency exchanges with the best rates and you can use the Aggregator of crypto exchanges.
Binance – Best Cryptocurrency Exchange
Binance.com – Founded in 2017, Binance cryptocurrency exchange managed to conquer the TOP 3 among major exchanges in terms of average daily trading volume. At the same time, it is the fastest growing Chinese cryptocurrency exchange with its own BNB token, which was created in order to attract seed funding through ICO.
eToro – Exchange with subscriptions to traders
Social trading involves streaming the trades of another trader or investor in a dedicated social trading account. You have the opportunity to subscribe to the trades of the trader you follow. It turns out some leverage, by managing his deposit, the trader controls yours. In this type of trade, you get the same percentage of losses that the trader receives in the course of the trade. In addition to its regular cryptocurrency trading platform:
- eToro offers an advanced cryptocurrency exchange service called eToroX;
- this platform is designed for algorithmic traders and institutional level investors.
ByBit – Anonymous cryptocurrency exchange without verification
Unlike many cryptocurrency exchanges on this list, Bybit.com is a narrow and focused product. Offering only Bitcoin, Ethereum, Ripple XRP and a few other major altcoins for trading, it is slowing down the addition of new trading pairs, including the introduction of the USDT stablecoin earlier this year due to user demand.
Bybit’s connection process is also unusual, it avoids the usual KYC process and does not require any personal information from new users before they start trading.
FTX – An exchange for leveraged margin trading
FTX.com – Represents itself as an exchange created by “traders for traders”, the platform provides a reliable service for professional trading firms, but the functionality of the exchange allows for new and inexperienced traders to trade.
The founders of the exchange are Alameda Research Sam Bankman-Freed and Gary Wang. The cryptocurrency exchange supports hundreds of high, mid and low market cap virtual coin pairs and indices. In just two years, it has become one of the most popular exchanges with an annual trading volume of $ 260 billion as well as Godex best exchange rates.
Currency com – Belarusian crypto-exchange with a demo account
The platform allows you to buy and sell over 1,300 cryptocurrencies, including classic crypto assets like Bitcoin, Ethereum and Litecoin, as well as leading tokenized stock indices, commodities, and even government bonds. Their new platform is aimed at cryptocurrency investors who want to trade the global financial markets directly with their cryptocurrency assets, as the exchange clearly states that: “We believe that an investor should be able to trade cryptocurrency – and profit from cryptocurrency.”
A demo account on the cryptocurrency exchange allows you to trade financial assets without risks, try out the platform’s functionality for free, and explore its features.
The demo account uses virtual funds, so there is no need to use your funds when making transactions. In this case, the profit from transactions will also be virtual.
