Its user-friendly terminal allows Pum exchange traders to choose between basic charts and advanced TradingView charts, depending on their needs and preferences. It supports a wide array of cryptocurrencies and tokens, including rare coins. It also offers features like futures, options, and margin trading, appealing to experienced traders. It has a strong track record in security, enhanced by SAFU (Secure Asset Fund for Users) for user protection. It ensures high trading volumes, providing users with the ability to execute large trades without significant price slippage.
Stake crypto, earn rewards and securely manage 300+ assets—all in one trusted platform. We highly advise that you take the time when picking amongst the platforms we have highlighted above or others we did not mention. Always research before investing, and this applies both to your trading platforms and your favorite crypto projects. UniSwap only supports ERC-20 tokens, i.e., tokens created on the Ethereum network only. So far, we have considered centralized exchanges and which are the best according to various criteria.
Kraken enforces two-factor authentication to safeguard accounts and also encourages the use of a unique Master Key and Global Settings Lock to protect user configurations. This multi-layered security approach provides added confidence in safeguarding funds. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions.
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For those who are more serious about crypto trading, a trading platform like Bybit or MEXC would be a better fit. Bitpanda as one of the top crypto platforms due to its focus on being one of the most user-friendly crypto platforms available. It caters to both beginners and experienced traders, making it a budget-friendly crypto trading choice. With a wide range of cryptocurrencies and altcoin trading pairs, Bitpanda offers a diverse portfolio of low-cost cryptocurrencies for investors. It excels in providing affordable altcoins and boasts some of the cheapest crypto trading fees in the industry. Additionally, Bitpanda supports various payment options, including credit card, making it an accessible and user-friendly crypto platform for those looking to trade cheap altcoins.
If you are a novice trader, Coinbase is one of the best choice because of its seamless and convenient interface along with satisfactory regulatory compliance. Kraken is a reliable choice if low fees and maximum security are your priorities. If finding a wide selection of altcoins is your goal, MEXC offers access to over 2,000 assets. Additionally, it’s important to assess each exchange’s security features, variety of cryptocurrencies, quality of customer service, and user-friendliness. A careful examination and selection based on these criteria will ensure a safer and more satisfying trading journey.
However, even if you don’t get zero fees, the discounts you get by increasing your trading volume over $10,000 and up are pretty decent, too. Some of the most common are bank transfer, PayID, POLi, credit card, debit card, PayPal, and BPAY. If you’re a high-volume trader, liquidity is critical—you don’t want to place a big trade and have the price shift against you because of low liquidity. I’ve been using CoinJar for a few months now, and their customer support is top-notch.
Users can also earn rewards through the referral program and enjoy 24/7 multilingual customer support. However, it’s important to note that Margex is not available to users in specific regions, including the United States. Margex, founded in 2020 and headquartered in Seychelles, is an online derivatives trading platform tailored for cryptocurrency trading. Dollar pairs, including popular cryptocurrencies like BTC, ETH, XRP, LTC, EOS, YFI, ADA, SOL, and UNI.
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Security is one of the most critical aspects of crypto trading, especially for beginners. With cyber threats, exchange hacks, and scams on the rise, it’s essential to take the right precautions to protect your funds and personal information. A secure crypto exchange protects both your funds and personal information through strong preventative measures and responsible account management. The best platforms conduct regular penetration tests, host bug bounties and request third-party audits to identify and fix vulnerabilities in their code. Exchanges are essential to the crypto ecosystem because most traditional investment firms don’t support crypto trading. Without them, you would have to find another person willing to trade crypto, agree on an exchange rate and send the coins directly to each other’s crypto wallets — a somewhat convoluted process.
This arrangement, however, does not influence our impartial reviews. Emily is passionate about Web 3 and has dedicated her writing to exploring decentralized finance, NFTs, GameFi, and the broader crypto culture. She excels at breaking down the complexities of these cutting-edge technologies, providing readers with clear and insightful explanations of their transformative power. The cryptocurrency market in the United States continues to expand rapidly, with revenue projected to reach $9.4 billion by mid-2025.
Top Crypto Exchanges By Category
Staking is also available, though only with Ether (ETH), Polygon (MATIC) and Solana (SOL). Perpetual futures contracts are the sole derivative so far, but more futures and options are supposedly on the way. Keep in mind that your tier is determined not just by your money balance but by your BNB holdings — if you only meet one metric, you’ll get the fees in the lower tier. Both of them charge higher percentages than Crypto.com, with Binance.US being more expensive. If you pay your fees in BNB, you’ll get a 25% discount; the tables below show the basic non-discounted rates. Also, remember that due to the fundamentals of blockchain, crypto is never anonymous.
Not only can you buy and sell hundreds of coins using Crypto.com, but you can also earn rewards by stashing 20-plus tokens and stablecoins. The exchange also offers a Visa prepaid debit card that lets you earn rewards when you use it to spend your crypto. The platform offers the option to buy crypto via using the Changelly or ChangeNOW platforms, which may include different fees. Decentralized exchanges do not typically report to the IRS or other tax authorities because they do not require personal identification or collect user data. DEXs operate through smart contracts on the blockchain, which means they don’t have centralized control or access to users’ personal information. As it prepares to launch its native utility token, users can expect broader functionality including staking, governance, and enhanced platform access.
ByBit has grown considerably throughout 2024 and has become the second-largest crypto exchange by trading volume. The platform is undoubtedly attracting a lot of users with its efforts to simplify trading for beginners and pros alike. As for specific assets, the platform covers thousands of currencies, including Layer-1 (L1) and Layer-2 (L2) coins, as well as some of the best meme coins and AI tokens. You can see the most traded pairs across different categories under the ‘spot’ trading menu.
It mixes social feeds, charts, news, and analysis tools, making it easy for new users to learn. For trading, CEX.IO provides a spot trading platform with deep liquidity. The platform also offers margin trading and advanced trading tools, like various order types and detailed price charts. The platform also has slick user experience as it is easy to use for both newcomers and experienced traders alike. Holders of MX, the exchange’s own token, enjoy perks like lower trading costs and special access to new token sales.
A key feature of Uniswap is its non-custodial nature, meaning you keep full ownership of your digital assets throughout the trading process. The platform’s smart contracts undergo regular audits to maintain high-security standards. Plus, Uniswap’s open-source design allows developers to build on its foundation or incorporate it into their own projects.