Every new crypto investor or trader should have a list of cryptocurrency exchanges that stand out among a vast variety of platforms. If the beginners are unaware of what the crypto space offers then choosing a good and suitable exchange can be challenging and stressful.
Choosing the right exchange is very important because the kind of experience you can have for buying or trading crypto is quite related to the kind of platform you opt for. The right exchange can be the one that offers high-end security for you, among other outstanding features. It is also the kind of platform that ticks all the right boxes for you and makes crypto investing or trading, easier, hassle-free and safer for you.
Therefore, if you are new to the crypto space then the below-mentioned cryptocurrency exchanges list can give you a good idea of some of the best options available.
List of Cryptocurrency Exchanges Includes Binance
Being the largest crypto exchange in the world, Binance is undoubtedly one of the names in this list of high-end exchanges. The Binance exchange has a lot more to offer than only its impressively high trading volume.
This is one of the best crypto trading platforms that extends its services to millions of users. Binance is among the cryptocurrency exchanges that prioritize the security of the users and implement cutting-edge security systems that help mitigate the security risks you may face to a great extent.
Even though there is no such thing as a complete risk-free exchange, using advanced security protocols can make quite the difference.
Another highlighting aspect of the world’s largest exchange is that it is one of the cheapest platforms. The fee structure is not only fair but transparent too. Apart from these major attributes, Binance also supports several payment methods, crypto staking and has one of the largest collections of staked coins.
An obvious and prominent name in this list of cryptocurrency exchanges is Bybit. This is one of the best trading platforms and is widely used by people in the trading community.
This exchange offers some of the best features that make it stand out among other crypto trading platforms. Launched in 2018, Bybit has evolved quite significantly over the years and is now an established name.
Bybit takes the security of the users very seriously and implements the use of advanced security protocols. The users are also required to complete KYC verification to get higher withdrawal limits.
The fee structure of the exchange is yet another reason why it is a part of this cryptocurrency exchanges list. The fee is fair and transparent and the trading fee is charged based on the market maker and taker fee model.
The Bybit exchange also supports leverage trading and offers one of the highest leverages, which is up to 100x. Trading crypto assets by using this platform has also become convenient and easier for all kinds of traders, thanks to the availability of the copy trading feature. According to this feature, new and occupied traders can trade by automatically copying the trades of an expert.
One of the names in this list of cryptocurrency exchanges is the Phemex exchange. This platform is one of the latest BTC derivatives exchange and has made a name for itself in the crypto space.
Understanding the features it offers to its users can help you determine why it is among some of the top platforms.
Phemex is a powerful and innovative trading platform that prioritizes the safety of the users by using advanced security protocols. It makes crypto trading less complicated by offering a beginner-friendly interface.
The fee charged by Phemex is also a highlighting attribute, considering it is fair and free from hidden and additional charges of any kind. The trading fee of the platform is also based on the market maker and taker model.
The Phemex exchange is one of the best platforms for all kinds of traders, especially the new ones. One of the aspects that validates its capacity to facilitate every kind of trader is the support it extends to all trading styles.
Leverage trading is a popular trading strategy that is also supported by Phemex and users can get one of the highest leverages of up to 100x.
Another top name for new traders in this cryptocurrency exchanges list is PrimeXBT. This platform is secure and technologically advanced. Among several other aspects, the platform also offers support to a Covesting feature, which makes it an outstanding option for new and experienced traders alike.
Covesting is also copy trading, according to which the new traders can trade automatically by copying the trades of the experts.
The biggest benefit of having a list of cryptocurrency exchanges is that choosing a suitable and secure exchange can become easier and less stressful. As a new investor or trader, you should know the details mentioned above.