As cryptocurrencies expanded all over the world, investors and users are searching for the best crypto trading sites to handle their cryptocurrencies. There are hundreds of platforms where individuals can buy and sell digital assets.
In this guide, we will share with you which are the best crypto trading sites to handle cryptocurrencies and the pros and cons of each of them. Take into consideration that they will be offering different services that will be useful for some of the users. Thus, each of these platforms will be suitable for different clients according to what they are searching for.
Best Crypto Trading Sites
In the next sections, we will share with you which are the best crypto trading sites to handle cryptocurrencies.
Binance is one of the most popular cryptocurrency exchanges in the world due to a large number of virtual currencies and tokens supported on the platform. The site was released in 2017 after an Initial Coin Offering (ICO) and since then it has been expanding without stopping.
You will find Binance a very useful site to trade, exchange, buy, and sell cryptocurrencies. They have several trading pairs, they support a wide range of stablecoins such as Tether (USDT), USD Coin (USDC), and Binance USD (BUSD), and they are also promoting ETH and BTC trading pairs.
Users can open an account in just a few simple steps and you will be able to deposit funds without having to provide a lot of private information as it happens with other platforms. Take into consideration that Binance is also allowing users to deposit cryptocurrencies and earn interest on their funds.
Coinbase is also a good platform where users can start trading cryptocurrencies and acquire their first digital assets. This is considered to be one of the best crypto trading sites in the world due to the easy user interface it has for newcomers that do not know how to trade digital assets.
More professional users will also have the possibility to trade cryptocurrencies rather than just buy and sell. This is why Coinbase created Coinbase Pro (previously known as GDAX), where users can simply trade digital assets in a more professional environment.
At the moment, not only the largest cryptocurrencies are accepted in this site but also many other tokens such as Decentraland (MANA).
Kraken is a recognized cryptocurrency exchange that is based in California and that offers real-time cryptocurrency trading for users. At the same time, they are also offering investment services for individuals that require more options to handle their cryptocurrencies.
The exchange is considered to have several trading pairs, low commissions for traders, fast execution times and more. At the same time, it will be very easy for crypto traders to withdraw and deposit funds, making the whole experience much easier for users in this platform.
At the same time, Kraken and all the previously mentioned exchanges do have high-security standards to be sure users’ funds are protected and to avoid attacks and hackers to target the platform.
BitMex is also an advanced cryptocurrency trading platform that allows expert traders to exchange crypto derivatives in order to gain a larger exposure to digital assets.
Users on the BitMex exchange can trade with leverage in order to get larger profits when they are able to detect a trend in the crypto space. Take into consideration that trading with margin can be certainly risky and this could end up in users losing all their funds just to keep their position opened.
This is a great platform for those users that need and want more exposure to crypto and that have been trading in the stock, forex or crypto markets for several years.
KuCoin is a cryptocurrency exchange that has been operating all over the world for several years and it has been a great way for users to get access to more exotic digital assets. This is going to make it easier for users and clients to get higher exposure to the token market and eventually register higher profits.
The site has also been expanding the services it has been offering to users in order to attract new clients. The crypto industry has been growing and exchanges are now offering users with the possibility to deposit funds and earn rewards on them. Although this has a risk, the exchanges are offering great interest rates and helping individuals get some extra funds at the end of the month.