Crypto is marching through the world for a quite long time. The crypto industry has craved a niche in the digital landscape. Mostly, the people who have been shaken by the pandemic and some economic crises begin to invest in cryptos. While speaking about the top crypto exchanges, one can’t skip frequently gossiping trading platforms like Binance, Coinbase, LocalBitcoins, and more. Which we going to see in this blog today!
What is a cryptocurrency exchange?
A cryptocurrency exchange is an online platform that facilitates buying and selling of several cryptos in real-time. It acts as fuel to propel the crypto industry. Generally, there are many types of crypto exchanges but centralized and decentralized exchanges are popular ones.
Now let’s learn about the rapidly growing top crypto exchanges in the world that take the digital market by storm. Here are the top ones:
What are the Top Crypto Exchanges in the Market?
Today, there are more than 500+ cryptocurrency exchanges in the market that offer P2P exchange along with centralized trading. As of now, Binance is the top crypto exchange in the marketplace followed by Coinbase taking second place. Here let’s see some of the leading exchanges and their history one by one in the following discussions
Binance – Speediest & secure Cryptocurrency exchange!
Binance is the top cryptocurrency exchange with $76 billion being traded every day. And, it is popularly known for its least trading fees and wide selection of coins. The exchange has the capacity to serve both beginners and as well as advanced traders.
Now, it’s able to support 200+ altcoins, and this comforts traders to trade various coins to ensure maximum gain. Moreover, the platform provides an in-built wallet to store Bitcoin for a short duration. You could also earn interest with the stored Bitcoin.
Binance expands its business to provide a decent discount for day traders if they use BNB coins. BNB is the native currency of the Binance exchange, which allows you to save money on buying/selling any coins. Today most startup entrepreneurs prefer to use the Binance clone script to avoid technical and business headaches in the standard scratch method.
Coinbase – Best for Beginners!
Unlike other brokerage platforms, Coinbase also functions as an exchange with a unique feature. Now tokens may be purchased using conventional money. Coinbase is the most popular user-friendly crypto platform in the crypto market. It exists in more than 100 countries and also provides a huge range of services such as educational resources, crypto wallets, and crypto exchange for beginners to advanced traders in the crypto space.
In addition, this platform support 70+ trusted cryptocurrencies, which facilitates traders to trade with various coins like ETH, BTC, DOGE, BNB, and more to ensure maximum profit. This exchange stands ahead among the top crypto exchanges by providing the least trading fees of about 0.5%.
But launching an exchange like Coinbase is not a quite simple task. There are lots of technical and business hurdles in developing an exchange from scratch. To avoid these hurdles, nowadays most entrepreneurs prefer to use the Coinbase clone script. Which is the simplest remedy to start a cryptocurrency exchange platform in a short time span.
WazirX – Best For Intermediate Crypto Traders!
WazirX is referred to as Queen in chess. As Queen take any move in chees. WazirX is a powerful queen of the cryptocurrency ecosystem offering world-class UX, transparent communication, and strong trading software. Wazirx is a fast-growing cryptocurrency exchange with more than 60 lakh registered users.
Basically, Wazirx acts as a bridge to resolve the Fiat-to-crypto gap with its WazirX P2P solution. This exchange provides a vast range of coins and tradable pairs at competitive trading fees. It provides STF (Smart Token Fund) which supports new investors to find expert traders and allows them to manage their own crypto portfolio.
WazirX is well-known for its enhanced trading charts and user-friendly interface, which is available across iOS, android, web, and windows apps. Moreover, it runs a referral program that could make the users earn rewards of up to 50% commission on each trade.
If you wish to begin a cryptocurrency exchange platform like WazirX instantly, then undoubtfully you can go with the WazirX clone script. Which is a pre-designed script that provides a complete customization option. This means you can customize your exchange based on your business needs.
Bybit Exchange – Best for Advance Traders!
Bybit is a comprehensive top crypto trading platform in the world. The daily trading volume on this platform is above $10 billion, is an ideal platform for frequent traders who deal with huge sums of cryptos. Moreover, it provides leverage trading, facilitating users to take advantage of the volatility in the crypto space. Bybit’s users might relax as their assets are secure, have 99.9% uptime, and have lightning-fast transaction speed.
Users who engage themselves in trading regularly would find Bybit the most useful one. Because Bybit uses enhanced trading tools such as an order book, price chart, and depth chart, which are most useful for traders to analyze the market and take a decision.
Additionally, Bybit also serves cryptocurrency rookies who are peeking for long-term investment in Bitcoin in the hope of price raise. As the exchange has strong security measures, it doesn’t suffer from security hacks and breaches across the world.
KuCoin – Best For Enhanced Trading Features!
KuCoin is one of the simple and hassle-free cryptocurrency exchanges. It provides numerous unique and famous coins. It offers a secure and convenient platform for users to trade, buy, and sell a broad range of cryptos.
Additionally, KuCoin provides a user-friendly UI and also supports 100+ cryptos and trading pairs. The platform facilitates the users to trade with the least trading fees and its native token. KCS is utilized to acquire discounts on trading fees. In addition to spot trading, KuCoin also provides staking services, futures trading, and margin trading.
The platform has a mobile app for android and iOS, making users comfortable to trade from anywhere. In the crypto market, among the top crypto exchanges, KuCoin gain popularity for its uniqueness like fast processing time, robust security measures, and supported cryptocurrencies. For the immediate launch of a cryptocurrency exchange platform, cryptopreneurs can go with the KuCoin clone script.
Huobi Global – Best For Earning Intrest!
Huobi Global is a Singapore-based cryptocurrency exchange that emerged to serve the maximum number of investors. The platform has the ability to support 200+ cryptos and 244 trading pairs in order to facilitate easy trade for users.
According to the recent statistic, the exchange maintains millions of active users and also manages millions of dollars. Moreover, 98% of cryptos are stored in cold storage. This exchange platform also has a mobile app for iOS and Android users, so that they can trade anywhere at any time. The exchange is well-known for its trading features like options trading, futures trading, and margin trading.
Additionally, it provides a range of trading tools and analytical resources to support traders in making a decision. This crypto exchange platform charges trading fees based on the user’s trading volume. This means higher trading volume lowers the trading fees.
Bitstamp – Best for Automated Trading!
Bitstamp is a reliable and trustworthy cryptocurrency exchange providing various range of digital assets like Ripple, Ethereum, Bitcoin, and more. The enhanced security features like 2FA, and cold storage make the exchange stand out from the existing top crypto exchanges in the crypto market.
Low trading fees and lightning-speed processing time make it a popular choice among crypto traders. Bitstamp is recognized for its security measures, which incorporates a multi-sig wallet, 2FA, and periodic audit by third-party security firms. This is done in a way to safeguards the user’s personal data and funds of the exchange platform.
To be precise, Bitstamp is the best choice for crypto investors and traders because of its strong security measures and trading options.
LocalBitcoins – Best For Earning Reward Points!
LocalBitcoin is the world’s oldest cryptocurrency exchange that facilitates users to buy and sell coins and tokens directly with each other. This exchange platform facilitates the users to post ads for selling and buying cryptos, specify the exchange rate, and payment methods they accept. Based on this users will respond to these ads and initiate trades with each other.
LocalBitcoins is known for its focus on privacy and security, as well as its support for a wide variety of payment methods, including cash deposits, bank transfers, and online payment systems like PayPal and Skrill. The platform also offers an escrow service to help prevent fraud and ensure that transactions are completed successfully.
LocalBitcoins Clone Script has gained popularity in countries with restrictive financial regulations or where access to traditional banking services is limited.
Remitano – Best For New Age Investors!
Remitano bridges the gap between Fiat and Cryptocurrencies through P2P trading. Moreover, it provides valuable features like altcoin investment, instant coin swaps, and wholesale trading. It is developed by an international team with industrial expertise in cryptos, finance, banking, and software development.
Remitano is a next-generation escrow model capable of providing high-level transaction security. Moreover, the exchange platform has a reputation system that facilitates the users to rate each other depending on their transaction history, this helps to develop trust between buyer and seller.
The P2P trading model is the uniqueness of Remitano. which means the buyer and seller transact with each other directly without interruption by the central authority. This facilitates faster transactions and least trading fees compared to other exchanges in the crypto space. Overall Remitano is the best choice for users who looks for a simple & secure way to buy/sell cryptos, especially focusing on p2p trading and low trading fees.
Hope you have gone through the top exchanges crypto in this blog. Now it’s time to wrap up with a few words.
We hope you have learned today about top crypto exchanges and their history. Before you decide to select the top-rated cryptocurrency exchanges, an ally for your long-time goal. You have to surf most of your time researching cryptocurrencies and cryptocurrency exchanges. Sort list the most important things which you want to include in your exchange. Start looking! We wish you good luck!