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Top 15 Crypto Platforms That Fail to Disappoint

Cryptocurrency exchanges should be available in two different methods, such as swapping one cryptocurrency for another that you want to use, keep, or utilise to make money.

Posted: 28th September 2022 by
Finance Monthly
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The other option is often conceptual, and to succeed, most traders will rely on tried-and-true crypto platforms, tools, and strategies.

However, the majority of cryptocurrency systems today use blockchains, which have decentralised databases and trade volumes that are also safer, thanks to advanced security measures. This article evaluates the best 15 digital currency trading platforms to support you in improving your trade.

1 - Coinbase

We've ranked Coinbase at the top of the list because it provides access to more than 80 different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, and Ripple. Additionally, this cryptocurrency exchange gives users a wide range of investment options for both individual and institutional customers, including staking rewards, mobile apps for both Android and iOS, and a "Earn" account feature that rewards users with coins for watching instructional videos on the platform.

2 - Binance

According to many users, the reason Binance is among the most well-known cryptocurrency platforms is that it has the most user-friendly rates on the market and contains straightforward, simple-to-use applications that are beneficial to those newcomers who are not yet familiar with all these things. Binance has partnered with firms in the past to enable wire transfers and credit card payments for cryptocurrency transactions.

3 - Biticodes App

Instead of a broker or an exchange, Biticodes App provides a totally new yet essential service for the cryptocurrency community. This quick, user-friendly website concentrates on exposing brokerages to aspiring crypto traders. It pairs its consumers with only legitimate businesses and runs background checks on other crypto brokers to screen out any frauds. 

4 - Cash App

Cash App's primary function is money transfers, but it also offers a simple method for clients to invest in virtual currencies. The platform appeals to investors who are still inexperienced with the crypto investing game since it enables users to withdraw their cryptocurrency deposits to their chosen digital wallets. But Cash App’s only flaw is that it only accepts one kind of cryptocurrency, Bitcoin, in addition to having daily and weekly withdrawal caps.

5 - Kraken

Only two years after Bitcoin was released, one of the more well-known digital platforms was launched: Kraken. Even while "skilled" doesn't necessarily equate to "best," Kraken offers its services with the greatest level of security, providing over 120 currencies for local users to explore and over 160 coins for users throughout the globe. Furthermore, the platform gives you the chance to stake your bitcoin with a lower cost of entry and perhaps win incentives.

6 - Pionex

The best part about Pionex is that it gives you several auto-trading bots for free. Users don't need to constantly watch the market because their daily transactions can be fully automated. It offers a variety of bots, including the Dollar-Cost Averaging (DCA) bot, grid bot, and smart bot. 

Furthermore, it makes it possible for manual crypto to crypto swaps. Without the need for manual data sources, its auto-trading bot replicates the execution of trading orders. When specific market needs are satisfied, its implementation takes place.

7 - eToro

For registered users to buy, sell, and trade, eToro offers a vast selection of bitcoin assets. The white paper trading option on this exchange is what most traders adore. Prior to utilising actual money on the market, they may use this tool to hone their trading techniques and develop a trading strategy.

8 - Coinspot

Due to its user-friendly layout, CoinSpot is a crypto network that was introduced in 2013 and is regarded as the finest platform for newcomers. Along with Bitcoin and Ethereum, this platform also supports a large number of lesser-known cryptocurrencies. Users simply upload a photo of any government-issued ID and a scanned copy of a utility bill to create an account on this exchange. Furthermore, CoinSpot accepts deposits made by PayID, BPAY, POLi, cash, and direct bank account transfers.

9 - Gemini

Gemini is a well-known New York-based corporation that offers traders and other crypto enthusiasts a secure location to purchase, sell, trade, or store their digital assets. Gemini continues to develop to give the cryptocurrency community a simple and secure method to deal with bitcoin, in addition to its cutting-edge features, high-end wallet security, custody service, user-friendly mobile trading software, and off-exchange crypto transactions.

10 - Swyftx

Newcomers don't have to worry about converting fiat money into cryptocurrencies since this AUSTRAC-registered cryptocurrency exchange provides over 200 cryptos that allow trading with AUD, BTC, and USD. Swyftx implements AML and KYC rules have a clear pricing structure and are a highly secure platform that employs 2FA and password breach detection to protect the security of its users.

11 - BlockFi

BlockFi is a digital currency trading platform that enables you to lend funds and earn interest from your holdings. As an alternative to trying to sell your assets, you could borrow money against them. If you wish to keep your assets in storage, you can even let them make money for you. Additionally, if you make a $25 instalment deposit and maintain it for a predetermined period, you could earn up to $250 in incentives.

12 - Avalanche

Scalability is one of the major problems facing the crypto industry today, and the Avalanche platform aims to address it accordingly. Three blockchains, each of which takes care of a different network component, are offered to solve the issue. Along with inexpensive fees, the platform also offers speedy turnaround times for processes. Most crypto aficionados like it for its superior security, and it is a great substitute for several of the current fad platforms.

13 - Uphold

The Uphold platform offers a practical method for exchanging many different resources. If you've ever traded cryptocurrencies, you're probably aware that many coins and tokens only allow a limited number of crypto pairings, which explains why you keep going back to Bitcoin or Ethereum. You can, however, trade a variety of assets directly with Uphold.

14 - Uniswap

Due to its completely decentralised feature, Uniswap is one of the greatest cryptocurrency platforms available in the digital world. Uniswap, which is based on the Ethereum blockchain, was released to the market in 2018. It is currently the fourth-largest decentralised crypto platform used by numerous people in the cryptocurrency industry.

15 - Crypto.com

Crypto.com is one of the most major and quickly growing cryptocurrency marketplaces today. Despite having its headquarters in Hong Kong, it offers a lot of support to people in the US. There are over 90 cryptocurrencies available worldwide right now. Furthermore, they provide affordable prices on bitcoin storage accounts. The main problem is that the program is now application-based and only accessible on cell phones; there is no PC version yet.

Conclusion

There are many other trading platforms available, but the ones on the list above are some of the finest because of how convenient and simple they are for users. However, your knowledge and expertise are also taken into account since they contain features that, depending on how you configure your settings, may become available.

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