What is the safest cryptocurrency exchange? A centralized cryptocurrency exchange is an online platform that allows you to trade cryptocurrencies; this means you can buy or sell with fiat or cryptocurrencies.
Here are some of the safest exchanges to trade on:
eToro X
eToro X is a cryptocurrency wallet that offers the eToro trading platform for free. You can use it to store and trade your cryptocurrencies. To use eToro X, you need to have a live account with the eToro broker.
There is currently no fee for depositing cryptocurrencies. However, if you decide to buy them, the fee is between 0.10% and 0.24%. Trading fees, on the other hand, will be 0.03%, while the spreads are among the lowest you will find on a cryptocurrency web platform. The eToroX exchange offers a very safe and efficient service.
Coinbase
This other platform is one of the most popular in the world. Coinbase is an exchange that was founded in 2012 by Fred Ehrsam and Brian Armstrong. It is in San Francisco, California. With this platform, users can trade various cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin.
The speed of transactions is another great advantage of Coinbase.
Binance
Binance is another major cryptocurrency exchange that you will find online. They have their cryptocurrency: the Binance Coin (BNB). It also works like other cryptocurrencies. You can use it to pay for transaction fees.
Kraken
Kraken was one of the first exchanges to be known on the web and was founded in 2011, it is known as the ” Bitcoin exchange “. This exchange is American and is based in San Francisco. However, if you are a novice trader we recommend trading with eToro.
Bitstamp Exchange
Bitstamp is one of the oldest cryptocurrency exchanges, which started in 2011. This platform was born in Slovenia from the idea of Damijan Merlak and Nejc Kodrič to provide a service capable of satisfying European customers.
Now, Bitstamp is ideal for savvy mid-level investors willing to buy cryptocurrencies like Bitcoin and Ethereum.
CEX.IO
CEX.io is a cryptocurrency exchange born in 2013 in London. In the beginning, it was only trading Bitcoin and mining in the cloud. However, after 2 years, Cex.io has turned to cryptocurrency exchanges.
Poloniex
Poloniex is another cryptocurrency exchange based in the United States. It is an exchange founded in 2014. It is one of the biggest competitors of Binance and Coinbase and its strength is that it allows you to exchange cryptocurrencies and use them for trading. However, you have to buy them in real currency. To use them, you must first buy them elsewhere and transfer them to Poloniex.
OKEX bag
OKex is an exchange founded in 2014 by Star XU with the main office in Hong Kong. Like most cryptocurrency exchanges, OKCoin is very fast to run cryptocurrency exchanges. It has a large daily turnover that exceeds $ 1.5 billion.
Hubi
The latest exchange is Hubi, based in Hong Kong, which despite being very young (2018), has a platform with free deposits and very low fees.
Now that you know the safest cryptocurrency exchanges to trade on, you can choose the best one for you.
