Crypto exchange is a platform for operations with digital currency, mainly, buying, selling, swapping, as well as other features and earning opportunities. Depending on an exchange, there may be the following tools for trading:
- p2p exchange
- margin trading
- spot trading
- simple exchange
- option to buy crypto with fiat
Every crypto exchange offers different features and conditions for its clients, though the largest platforms on the market provide a comprehensive set of tools and a wide range of opportunities. The biggest and more reliable crypto platforms belong to the centralized type. They usually allow only a limited set of functions for users that are not registered and open the whole tool kit for those who have passed the procedure of KYC verification.
Top 10 Crypto Exchanges
The list of the best platforms is made based on their features, such as the level of users protection, the number of crypto pairs, the trading volume, fees, functions and tools, speed of transactions, etc. According to these criteria, we made up a top crypto exchange list:
These 10 cryptocurrency platforms have received users’ trust around the world. We will take a closer look at some of them.
There’s no surprise that Binance is the largest exchange by daily trade volume – $23,790,919,223. The number of trading pairs is 674. The platform offers PC and mobile versions for Android and iOS. Spot and futures trading with leverage, crypto loans, deposits, P2P exchange, and many more are available.
The platform offers a wide variety of trading tools: futures, margin trading, and many more. The platform is constantly expanding the list of tools. There are 536 trading pairs.
Even though this is a pretty young exchange, it managed to make it to the top ten crypto exchanges, due to its wide range of trading tools, user-friendly interface, over 400 trading pairs including fiat, and a high level of security. The daily trading volume reaches 850 million. 96% of assets are stored in cold wallets.
This exchange provides a unique protection against hacker attacks. The platform provides trading with leverage, futures, spot, staking, etc. Huobi offers 658 trading pairs. Also, it allows swapping crypto to fiat through p2p.
You may also like: 4 Things To Look For In a Crypto Trading Platform
Image source: Shutterstock.com