Even despite the recent setbacks, crypto remains an insanely popular digital asset attracting investors and crypto holders. If you are also interested in getting crypto tokens, you may want to do it on crypto exchanges. These platforms allow you to buy, sell, or swap cryptocurrencies and tokens, like converting ETH to BTC.
But there is a myriad of exchange platforms out there. So, what exchange service should you settle for? Read this post to get familiar with the top 5 platforms.
Godex
With Godex, you get the convenience of limitless, anonymous, and low-fee crypto exchanges.
Godex enables you to carry as many transactions per day as you want and swap as many crypto assets as you need. All without registration or personal data exposure. The transaction fees are one of the lowest here, so you can go to the https://godex.io/exchange/btc-to-xmr page and swap the chosen crypto pair without any worries about spending too much. As you trade with Godex, you benefit from the exchange stability because of the fixed rate. The moment you start a deal, the rate won’t change till you complete it. So, you are well protected from market fluctuations.
Binance
Binance is known to be one of the largest exchange platforms in terms of daily trading volume. Since 2017, it has been offering a reliable way to store, swap, buy, and sell more than 350+ cryptocurrencies.
The Binance exchange has plenty of advantages, but probably the most notable one is a low transaction fee — less than 0.10%. To give you more ways to save your assets, the platform offers discounts to Build and Build (BNB) users.
To start storing or trading crypto, you’ve got to create an account with Binance. To keep your account and transactions secure, verify your identity.
Coinbase
The Coinbase exchange is a good point to start with for beginners. And there are a few reasons for that. First, the interface of this platform is truly intuitive, making one-time transactions a breeze. Second, you will find plenty of educational materials in the knowledge base, which will help you make smarter decisions while trading.
On top of that, Coinbase is known for its robust security features. The platform keeps your funds safe and secure in well-protected offline storage and covers losses by the FDIC.
Bisq
Launched in 2014, Bisq preserved the status of a secure exchange that allows its users to trade crypto for national currencies through a peer-to-peer network. No registration is required, so you can maintain your anonymity.
Bisq has gone the extra mile to deliver unparalleled security to traders. The platform never holds your funds, so you are in control of them.
KuCoin
KuCoin is another heavy player in the crypto exchange market, being used by 1 out of 4 crypto holders. The platform gives access to a wide selection of cryptocurrencies (over 700!), so you will find altcoins that can’t be spotted elsewhere. It is also home to a large community of millions of users across 200 countries.
KuCoin is known for its competitive trading fees and a set of advanced features that allow you to trade and earn crypto assets easier and smarter.
How to Choose the Right Platform?
So, here are the exchange platforms we believe to be leading the market these days. As you select the exchange service, we recommend you pay attention to the coins it supports, the fees it charges, and the security guarantees you get. You crypto trading experience depends directly on the exchange platform you are going to trade on.
Also Read: How Much Profit Do You Make From Automated Crypto Trading Bots?