There are many cryptocurrency exchanges where users swap coins and conduct other transactions, but only a few of them are credible. When choosing a cryptocurrency exchange, users should consider the following criteria:
- Some crypto platforms charge a fixed fee, on average, 0,1%, while others vary commission depending on the operation carried out. So before starting to work with the exchange, make sure about the transparency of the fee policy.
- Credible crypto platforms take care of their users’ security. They work hard on making their service as safe as possible.
- Tools and functions. Top cryptocurrency exchanges provide a wide array of trading tools and investment opportunities.
- The number of crypto pairs available as well as the opportunity to trade with fiat currencies.
- Transaction speed. Trading requires quick reactions and transactions.
Considering these criteria, we have made up a list of the top 10 cryptocurrency exchanges:
- Binance
- Okex
- Huobi
- KuCoin
- Probit
- Poloniex
- FTX
- Bitfinex
- Bittrex
- WhiteBIT
These are the credible and reputable platforms known worldwide. Let’s go through some of them.
Binance
This is the top 10 cryptocurrency exchange leader with over $13 billion daily trade volume. The platform offers futures trading, crypto loans, p2p, and trading with leverage. Binance application is the most popular among crypto investors. This is the most trusted exchange.
674 trading pairs.
Okex
Rich set of trading tools: margin trading, futures, etc. Users have the opportunity to create their own crypto exchanges within the platform and configure branding for various platforms and apps.
536 trading pairs are available.
Huobi Global
Futures, staking, and trading with leverage are available. The quick sell/buy tab allows to buy and swap crypto to fiat currencies.
658 trading pairs.
WhiteBIT
Being a relatively young exchange, WhiteBIT made it to the top ten cryptocurrency exchanges. The platform boasts over 2 million clients, a significant trade volume of about $667 million, which is a good figure for a young exchange. The service is known as reliable as it holds 96% of users’ assets offline. WhiteBIT users are highly protected from hacker attacks. Smart staking, margin trading, p2p, DEX, spot, trading bots, etc.
400+ trading pairs.