If you are looking to buy or sell cryptocurrencies, you will need to use a cryptocurrency exchange platform.
You can use exchanges to trade one crypto for another, for example converting Bitcoin to Litecoin, or to buy crypto using regular currency, like the U.S. Dollar. Exchanges reflect the current market prices of the cryptocurrencies they offer. When choosing the best cryptocurrency exchange for your needs, it’s important to look at supported currencies, pricing, withdrawal options, and security.
We take a look at 10 different cryptocurrency exchange platforms.
10: Bittrex global
Committed to helping users build wealth, Bittrex Global facilitates the purchase and trade of over 250 tokens. It uses cutting-edge technology, advanced security protocols, and a sophisticated elastic multi-stage wallet strategy to help the company provide a high-level experience for professional and novice customers alike.
Founded in 2015, Changelly provides an intuitive platform for fast crypto exchanges. Driven by the goal to bring the day of mass adoption closer, Changelly is continuously developing to offer its users a flawless experience and new services.
08: Mandala Exchange
Mandala aims to be the most trusted digital asset exchange on the market. It wants users to trade cryptocurrency with confidence on an industry-leading exchange platform with access to the largest liquidity pool in the world. Through its commitment to compliance, it aims to push the adoption of the digital economy with the leading regulatory bodies of the world.
Established in 2013 and now serving over 4 million customers worldwide, CEX.IO is a regulated multi-functional cryptocurrency exchange. It was one of the first platforms to make fiat-to-crypto transactions accessible by offering card payments and bank transfers to clients. CEX.IO is widely considered the best cryptocurrency trading platform for those looking to start trading cryptos from scratch.
Robinhood has set goals to start opening its crypto platform up to customers internationally in 2022. The company believes in the ‘immense potential’ of the crypto economy and sees a big opportunity in serving customers across the globe. Robinhood currently supports the buying, selling, and real-time market data for Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin.
Crypto.com supports over 200 cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ripple, as well as many other popular cryptos. The platform’s latest addition is an extensive collection of NFTs. In addition to blockchain products, Crypto.com allows you to buy and sell over 20 fiat currencies, such as US dollars, Euros, and pound sterling.
Gemini was founded in 2014, by brothers Cameron and Tyler Winklevoss, to build a bridge to the future of money. Gemini has a tiered service with separate interfaces and fee structures for casual investors and hardcore traders. It has a mobile app, a payment app, and its own currency, the Gemini dollar. Unlike most cryptocurrencies, the Gemini dollar is a "stable coin" tied to the U.S. dollar.
As one of the oldest exchanges on the market, Kraken has offered services to a steady base of experienced crypto traders since 2011 and now has over 7 million clients. It is a marketplace for digital assets where buyers, sellers, traders and speculators come together to exchange cryptocurrencies like Bitcoin, Ethereum, Litecoin and Ripple against national currencies like USD, EUR, CAD and JPY.
Recognised as the world’s leading blockchain and cryptocurrency infrastructure provider, Binance is trusted by millions worldwide. The platform is dedicated to increasing the freedom of money for users, and features a portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralisation and infrastructure solutions, and more.
In business since 2012, Coinbase has managed to accumulate an international base of millions of users and has generated more than US$300bn in total trading volume. Approximately 73 million verified users, 10,000 institutions, and 185,000 ecosystem partners in over 100 countries trust Coinbase to securely invest, spend, save, earn, and use crypto.