Exchanging cryptocurrency can be difficult, especially if you don’t know which services are trustworthy and easy to use. If you’re interested in exchanging cryptocurrency, but you don’t know where to start, this list of 10 of the best platforms to exchange cryptocurrency will give you a good place to begin your search!
1) Coinbase
Coinbase is one of the best platforms for exchanging cryptocurrency. It features a simple process, and allows customers to buy bitcoin, litecoin, ethereum, and other coins with U.S. dollars. They also offer a mobile app that can be downloaded on iPhone or Android phones.
2) Binance
Binance is one of the fastest growing and most popular cryptocurrency exchanges. It’s known for its low transaction fees (0.1%), generous referral program, and fast transaction processing. Binance offers a variety of trading pairs, so you’ll have no problem finding what you’re looking for. The only negative aspect of this platform is that it doesn’t support fiat currencies.
3) Kraken
Kraken is one of the best exchanges for trading Bitcoin and other cryptocurrencies. Kraken was founded in 2011 and has grown steadily since then. The company is headquartered in San Francisco and has been thoughtfully designed with an intuitive interface. Kraken offers a wide variety of trading pairs and markets including fiat, Bitcoin, Litecoin, Ethereum, Monero, Dash, Ripple, Zcash, and many more.
4) Bitfinex
Bitfinex is a cryptocurrency exchange that offers trading in bitcoin and other digital currencies. Bitfinex has become one of the most popular cryptocurrency exchanges since it was founded in 2012. Bitfinex is headquartered in Hong Kong and operates around the world with branches in North America, Europe, Asia, and Australia.
5) Kucoin
Kucoin is a digital currency exchange based in Hong Kong. Kucoin aims to provide users with digital asset transactions and exchange services which are even more safe and convenient, integrating premium assets worldwide, and constructing state of the art transaction platform.
6) Gemini
Gemini is a cryptocurrency exchange platform founded in 2015. It’s been called the most popular bitcoin exchange in America. Gemini operates as a New York State Limited Liability Trust and maintains both FDIC and NYDFS accreditation. The founders are Tyler Winklevoss and Cameron Winklevoss, made famous by their roles in Facebook.
7) Robinhood
Robinhood is a free app that allows people to buy and sell stocks, ETF’s, options and other investment vehicles without any commission fees whatsoever. The app has recently added cryptocurrency trading so investors can now trade Bitcoin and Ethereum in addition to traditional investments. The company is valued at $5.6 billion dollars, with a user base of 3 million people trading on their platform.
8) eToro
eToro is a trading platform that offers bitcoin and other cryptocurrencies on its platform. It is relatively easy to use, and it has a very low fee of 0.09%. The biggest downside is that it does not offer fiat currency exchange for cryptocurrencies, but if you are looking for a straightforward way to buy and sell bitcoin then this might be the best option for you.
9) OKEx
OKEx is a cryptocurrency exchange that has been operating since 2013 and offers a variety of fiat-to-crypto trading pairs. The exchange also has its own token, OKB, which can be used for trading fee discounts and for accessing premium services. It is based in Hong Kong and has a pretty standard fee structure with maker/taker fees ranging from 0.00% to 0.20%.
10) Huobi
Huobi is a digital currency exchange that was founded in 2013. It is headquartered in Beijing and has offices in Hong Kong, Korea, Japan, and Taiwan. The company’s trading platforms are Huobi Global (the main platform) and Huobi China. Huobi has over $6 billion USD worth of transactions on its network each day.