In continuation of our article on how cryptocurrencies work in simple terms, and news about the legalization of cryptocurrencies in Ukraine, we decided to continue this topic.
There are a lot of cryptocurrency exchanges today, and it is very easy to get confused when choosing a platform. Below is a random list in the opinion of our editors.
- Exchange Binance
The exchange is considered one of the most profitable platforms in the world. In March 2022, Parent Company Binance Holding Limited became the owner of a license to provide services in Dubai. In terms of trading volume, traffic, and level of reliability, Binance took the honorable first place in the ranking of cryptocurrency exchanges.
Currency is a legal platform, so verification is a prerequisite for activity. This regulated exchange gives users the ability to sell cryptocurrencies and tokenized assets. The company is audited every year.
Bitfinex is one of the most liquid and longest running cryptocurrency exchanges, founded in 2012. The headquarters is located in Hong Kong. Its advantages: the ability to localize the interface; safety; there is a mobile app. Also, pay attention to bitfinex reviews.
The site, registered in the UK, has an impressive customer base of more than one million users. The main advantage of the platform is the ability to deposit through payment systems and withdraw not only cryptocurrency, but also fiat. Verification is a mandatory procedure, otherwise it is impossible to perform any operation, including replenishment of the account.
- Huobi (Huobi Global)
Huobi is the leading trading platform for Bitcoin and Ethereum, providing secure and convenient trading services for hundreds of digital assets. Benefits: Huge range of staking options with high returns on select coins, support for 50 fiat currencies (at the time of writing), user-friendly multi-currency wallet. Read more huobi reviews.
The main trump card of the exchange is a large trading volume. In addition, users like a simple and intuitive interface, which is good for novice traders. The set of trading instruments is also impressive – a lot of orders, fiat support, leverage up to 125x, futures. Account security is top notch.
On this platform, you can sell not only cryptocurrencies, but also derivative instruments. Beginners receive welcome bonuses, training materials and a demo account. Verification is optional. The crypto exchange has an insurance fund to protect the savings. Safety is given the utmost attention.
It is the largest platform for futures trading in digital funds with the right to hold assets in a trading account. With a single bitcoin at their disposal, a user can open a trading position of up to 100 bitcoins. The XBTUSD perpetual contract is the most popular instrument.
- Crex 24
Place of official registration – Estonia. Users are attracted by the possibility of replenishing or withdrawing traditional rubles, dollars and euros. Identity verification is not important, however, it may be necessary to replenish the account with fiat. It offers users a free cryptocurrency faucet and an investment program.