Top 6 Cryptocurrency Exchanges
As cryptocurrencies become popular, users need to use cryptocurrency exchanges for trading. In this article, we will talk about the top cryptocurrency exchanges used for trading.
What is Cryptocurrency Exchange?
The cryptocurrency exchanges allow investors to buy, sell or trade cryptocurrencies. Cryptocurrency exchanges mostly support the top 20 cryptocurrencies at coinmarketcap.com.
What to Consider when Choosing a Cryptocurrency Exchange
Before using any cryptocurrency exchange, you should pay attention to some key features such as geographical restrictions, transaction fees, security, ease of use and reliability.
# 1 Binance:
Binance is a cryptocurrency exchange founded by Changpeng Zhao. Binance has its own currency called BNB Coin (Binance Coin), which applies a discount when there is a crypto to crypto payment. Binance supports more than 1200 cryptocurrencies and is very useful.
Supported Coins: Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, EOS, DASH, Litecoin, NEO, ZCash, Ripple and more.
Trading Volume: $ 1,724,874,280
# 2 Coinbase Pro:
Coinbase Pro was one of the early cryptocurrency exchanges, established in San Francisco in 2012, with a value of around $1 billion. Coinbase Pro allows you to easily withdraw and deposit money. It offers competitive fees, advanced trading features and deposit options. It is insured by the New York Stock Exchange and Andresseen Horowitz.
Supported Coins: BTC, ETH, BCH, LTC, ETH, ZRX, BAT
Transaction volume: $ 217,481,180
# 3 BitMex:
BitMex is one of the world’s leading Bitcoin exchange platforms based in Hong Kong. This exchange has the largest trading volume for Bitcoin.
Supported Coins: Bitcoin, Cardano, Bitcoin Cash, Ethereum, Litecoin, EOS, Ripple
Trading Volume: $ 3,035,184,687
# 4 OKEx
OKEx is one of the most popular cryptocurrency exchanges based in Hong Kong and supporting more than 145 cryptocurrencies. It is one of the largest cryptocurrency exchanges in the market in terms of daily market volume.
Supported coins: Bitcoin, Ethereum, Litecoin
Trading Volume: $ 1,384,994,152
# 5 Kraken
Founded in 2011 by Jesse Powell, Kraken is one of the largest Bitcoin exchanges in fiat currency exchanges such as Euro, Yen, USD, Sterlin. Supporting many cryptocurrencies, Kraken is one of the largest cryptocurrencies on the market.
Supported coins: Bitcoin, Bitcoin Cash, Bitcoin SV, Cardano, DASH, Dogecoin, EOS, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tether, Zcash and more.
Trading Volume: $ 160,834,807
# 6 Huobi
Huobi is established in China and supports about 250 cryptocurrencies. There are 2 different versions of Huobi: Huobi OTC which allows you to trade fiat currencies and cryptocurrencies with no charge and Huobi Pro which is for advanced trading.
Supported coins: BTC, LTC, ETH, BCH, XRP, DASH, EOS, TRX, ZEC and 90 other currencies.
Trading Volume: $ 911,363,754
Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.