It seems that cryptocurrencies are finally being massively adopted. More and more people are interested in buying digital coins. Most people know about Bitcoin. But many other coins have emerged. They also offer very good opportunities to make big profits.
The good news is that buying cryptocurrencies is as easy as it can be. Nowadays, you can just go to an online crypto exchange and buy digital coins in a few minutes. But with so many online exchanges, it is difficult to decide which one is the best. To help you make a better decision about the crypto exchange to use, we review the best exchanges in this article.
But before we start the review, it is useful to define what to expect in a good online exchange:
- A good crypto exchange must have good online security measures in place. Hackers are constantly trying to steal cryptocurrencies. Hence, if you don’t want to lose your investment to a security breach, you better select an exchange with stringent security;
- Most crypto traders and investors prefer to remain anonymous for multiple reasons. One of the most common reasons is personal safety. Whatever the reason, a good crypto exchange must offer the possibility to remain unidentified when buying or selling crypto;
- A large number of coins. A good exchange must support a good number of digital coins. In this way, you can perform transactions with cryptocurrencies that are not very common. You should be able to convert BNB to Matic without a problem;
- User-friendliness. Last but not least, you want the user interface of your crypto exchange to be easy to use. Even if the exchange caters to advanced traders only, the interface must be intuitive.
Based on this list and other criteria not listed above, we have selected the best crypto exchanges available.
This online exchange was the best that we reviewed. It fulfilled all the requirements listed above. First of all, the exchange implements advanced online security measures. Moreover, all the cryptocurrencies traded on the site are double-checked to guarantee their legit origin.
Users that prefer to trade anonymously will welcome the no-registration approach by LetsExchange. No KYC authentication procedures are needed either. You can simply start trading on the platform. It saves time and keeps your identity well hidden.
When it comes to cryptocurrencies supported, LetsExchange offers a good selection. With more than 200 coins listed, users can trade any of the 40,000+ coin pairs. The number of cryptocurrencies listed on this exchange is expected to grow soon.
Finally, the user interface is quite intuitive. You don’t need any previous experience to find your way on this platform. It is suitable for beginners and advanced traders alike.
In the United States, Coinbase has become the most popular exchange. There are good reasons. Coinbase has been in the industry since 2012, which has given it a lot of experience. It is fully licensed and regulated. This exchange supports a good number of coins. The user interface is extremely easy to use. However, it offers a custodial service and charges relatively high fees.
This exchange charges very low fees. It offers many advanced features for more experienced traders. Although it lists several coin pairs, it is not comparable to other exchanges that list thousands of them. However, it is suitable for traders that want to invest in less common cryptocurrencies.