When it comes to cryptocurrency trading and investment, you cannot do without crypto exchanges. Such services enable users to trade, swap, buy, sell, etc., opening numerous earning opportunities and ways to receive passive income.
To make it easier for a beginner to pick a reliable crypto platform, we have come up with a crypto exchange ranking. We place the exchanges in terms of their popularity:
- Binance
- Coinbase
- Kraken
- WhiteBIT crypto exchange
Now, let’s consider each of the services of crypto exchanges rank.
Binance
There is nothing surprising that Binance made it to the top of the crypto exchanges ranking, for it is the most popular platform worldwide. It is a versatile exchange suitable both for experienced investors and beginners, but novice traders may find it rather complicated at first. It offers a full range of crypto assets, a convenient app, and an attractive affiliate program where users may earn up to 40%. The platform demonstrates the biggest trade volume – $16,2 billion.
Coinbase
The exchange stores users’ assets safely and provides insurance for users’ investments. This easy-to-handle exchange is suitable for beginners. It offers about 100 crypto assets, although it charges higher fees than average in the market. Coinbase trade volume reaches $2,3 billion.
Kraken
This exchange offers a wide array of crypto assets and low trading fees. The platform enables spot trading and crypto futures. Users can address customer service at any time 24/7. This crypto exchange is better for experienced investors for it offers rather complex trading. The trade volume is $698.10 million.
WhiteBIT
We add this young platform to our crypto exchange rank because it has become very popular lately. The platform charges an average fee of 0,1%. There are over 400 crypto pairs including pairs with fiat currencies. WhiteBIT crypto exchange stores 96% of users’ assets offline on cold wallets, providing a high level of protection. Important to note that the company operates in over 150 countries and has already got over 2 million clients. Compared to other large and popular exchanges, its trade volume is not high – $694 million; still, this is a very reputable cryptocurrency exchange.
