Top Crypto Exchanges in 2021
The cryptocurrency market is growing by the day, but if you want to buy and sell digital currencies like Bitcoin, Ethereum, and Dogecoin, you'll need a cryptocurrency exchange. Fortunately for you, we've prepared a rundown of the best exchanges that will help you trade and manage your cryptocurrency — no matter what digital currency you decide to stock up on.Before you invest in cryptocurrency, you should not only realize the potential but also have a look at the different options. Buying cryptocurrency is not a game. It's a serious business, after all.
Coinbase
Coinbase is a user-friendly, fully digital crypto exchange that offers over 50 cryptocurrencies and supports fiat currency as well. With its easy-to-use web-based platform and wallet system, Coinbase stands out as one of the most beginner-friendly ways to invest in crypto. However, this ease of use comes at a small price: you'll pay a higher fee for trades that happen on its beginner-oriented platform. It's certainly a good place to buy Ethereum or Bitcoin
Binance
The Binance cryptocurrency exchange platform is among the world's leading digital asset trading platforms. If you are looking for a secure, up-to-date platform that provides access to the most popular digital currencies, then look no further than Binance. The company serves millions of customers through its comprehensive services designed to offer maximum security, advanced market data, and high-speed execution of trades.
Cash App
Cash App is a digital wallet alternative to bank accounts and credit cards that lets users send and receive money with relative ease — and the app just got even better. Users can now buy and sell Bitcoin (BTC) and Ethereum (ETH) in addition to transferring money between friends or paying for goods online, which opens up a whole new world of possibilities.
Crypto.com
The Crypto.com platform, through its crypto wallet and crypto cards, lets you spend your crypto easily. From anywhere to anywhere in the world, you could use the Crypto.com platform to manage your crypto holdings and transact with them seamlessly. The more tokens you're able to stake on the platform, the higher your benefits will be — especially if you're staking the Crypto.com token (CRO)
Gemini
Gemini is a cryptocurrency and fiat exchange that appeals to more experienced investors with some special features. Gemini is an American company built by the Winklevoss twins, who are famous for their legal battle with Mark Zuckerberg over the creation of Facebook. The Gemini exchange offers several options such as trading, buying and selling cryptocurrencies, and withdrawing fiat funds. It's stable, feature-rich, and trustworthy — even though it has fewer trading pairs than some other exchanges
Coinmama
Coinmama is a crypto exchange that allows users to purchase virtual currency using fiat currency, direct bank transfers, and credit cards. Over 3 million people have used Coinmama to purchase digital currencies in 190 countries around the world. The company has a strict zero-tolerance policy when it comes to fraud and ensures that all transactions are secure and private.
Kraken
Founded in 2011, Kraken is a San Francisco-based cryptocurrency exchange. It has been trading for almost 7 years and has been listed as the top cryptocurrency exchange. Kraken is generally targeted to more experienced traders due to the complexity of its interface and features. In addition to trading, Kraken offers margin trading, advanced order types, short selling, and various other services that are convenient for traders looking to maximize their profits.
Blockchain.com
Blockchain.com is one of the old dogs in the business and definitely among the most reputable cryptocurrency providers in the industry, providing a wallet and exploring features for more than five years. The company also provides a low-fee trading platform that caters to high-volume users and new entrants. It's been providing a wallet and exploring features for more than nine years.
Prime XBT
Launched in 2018, PrimeXBT offers a full suite of products and services to its customers, including forex and CFD trading on a variety of markets. The exchange is available in over 150 countries and supports 5 different languages. Its cryptocurrency trading fee is only 0.05%, and it's one of the cheapest exchanges for crypto investors.
Summary
Finding the proper crypto exchange in 2021 is crucial for success. Exchanges offer a myriad of trading options, but new traders may want to know if their preferred exchange offers limit orders, which helps prevent slippage by setting a hard price. While margin trading is still evolving in the U.S., different exchanges offer varying levels of this type of trading, so it's important for novices to know their options.