Crypto trading gets heated up, and new traders enter the crypto market every day. The main confusion while trading cryptocurrencies is to choose the best trading platforms. All the platforms differentiate based on features, convenience, security, fees structure, and more.
Make sure to check out some best trading platforms mentioned below. If you wish to trade bitcoin, visit https://bitcoin-freedom.com/ and trade cryptocurrencies professionally.
Binance is one of the most popular bitcoin and other cryptocurrencies trading websites. The trading platform has been in the market for the past four years, and recently it has been a reputed and well-known platform in the crypto market. Binance is a Hong Kong-based crypto exchange that deals in over 500 digital currencies. The best thing about Binance’s website is that it is pretty straightforward and intuitive, which is best for both beginner and advanced users.
New crypto traders find Binance as a great platform as it is simple to use and provides multiple advantages like mobile app, low trading fees, fast and straightforward crypto trading, and best charting tools. It offers such robust features to its users, which makes a reputable exchange.
Newcomers must note that Binance doesn’t allow users to exchange fiat currencies like the U.S. for digital currencies, but it accepts debit and credit card payments. In 2019, Binance became the victim of cyberattacks, but the website has an insurance fund that covers all the losses of its users. It is a secure crypto trading platform that offers fantastic tools for users who wish to invest in crypto assets.
Gemini is one of the well-known and highly trusted crypto platforms that the Winklevoss twins founded in 2014. Though Gemini deals in over 40 cryptocurrencies, Ethereum and Bitcoin are the two main stars. Gemini is a legitimate crypto exchange, and it follows all the regulation compliances. However, for this crypto exchange, users’ funds and information security are the topmost priority.
It is known worldwide for the safety of coins that it offers, and along with it, the exchange provides cold storage devices to users to store crypto assets. The trading fees charged by this crypto exchange are comparatively high, but it offers a fantastic interface and user experience to its users. Therefore, users who are mainly concerned with the security of their crypto investments must choose Gemini as it is the best choice.
Kraken came into existence in 2011, and in all these years, it has satisfied many customers that it proved its potential to come under the list of most trusted crypto exchanges. Kraken offers around 90 crypto coins for trading to its users.
Along with a massive variety of crypto coins, Kraken provides superb features to advanced crypto traders. It is a crypto exchange mainly for advanced crypto users, but recently it has introduced some basic features for beginners. Kraken takes care of security and provides custody solutions to its users without relying on third parties.
The crypto exchange stores a considerable sum of its funds in cold storage wallets, and it transfers assets to online wallets when users want to withdraw or trade them.
Coinbase tops the list of best crypto exchanges across the world. It offers a user-friendly interface and provides free $5 in bitcoin for opening an account with the exchange. It provides a simple interface for beginners and deals in a variety of crypto exchanges. It also offers some advanced features for pro users.
Robinhood is a famous mobile platform that gained prominence for stock trading and that too commission-free. It is a stock app, but after 2018 it started supporting digital currencies and allows its users to trade crypto assets. In all these years, Robinhood has built up a space for cryptocurrencies. And allows users worldwide to trade seven cryptocurrencies, including Bitcoin and Dogecoin.
It is a beginner-friendly platform for users that have entered the crypto market. The Robinhood app is simple and easy to use, and it doesn’t charge any fees from its users for trading, which means that it attracts users to enter the crypto market without any barriers. The best thing about Robinhood is that it uses cold wallets to store crypto tokens securely.