In recent years, many people have discussed about cryptocurrency. That’s because crypto is now in the long-term category, apart from gold and stocks. So what you should know is that there are many different types of cryptocurrency.
One of the most famous and has a high supply is Bitcoin. If you are interested in investing in crypto assets, There are various best crypto platforms for buying and storing crypto assets (cryptocurrency).
Best Cryptocurrency Exchanges and Investing Platforms
According to the tracking site, here are the four best platforms for crypto trading based on sales volume, average liquidity, and exchange rate.
The exchange was founded in 2012 and to date, has served more than 12 million traders. The volume earned on the exchange is over USD40 billion In 1 year, Coinbase is a funded startup and is the largest cryptocurrency exchange in the world.
Coinbase is available to traders from over 32 different countries mostly in Europe and North America. You can exchange 7 different cryptocurrencies on the platform including Bitcoin, Etherum and Litecoin.
In addition to buying and selling cryptocurrencies, Coinbase also offers Coinbase Pro (formerly the GDAX platform). This platform allows professional traders to trade exotic pairs such as BTC/USD. Other products offered include Coinbase Asset Management, Prime, Paradex, Custody, and Trading.
One of the most common questions traders have about any exchange is whether it is safe. Coinbase has taken several steps to ensure that all merchant accounts and assets are kept safe.
Binance is a cryptocurrency exchange for buying and selling cryptocurrencies launched in 2017, making Binance the #1 cryptocurrency exchange in the world according to Coin Gecko and Coin Market Cap.
Currently, Binance has more than 15 million users with an average trading volume of $2 billion per day. The Binance trading platform offers the most crypto coins, has low transaction fees and high liquidity transaction processing.
Apart from offering trading features, you as a Binance user can also sell and buy Bitcoin and 180 other cryptocurrencies using paper money. In fact, Binance has also developed a number of financial features that can be accessed by every user
BlockFi is a privately owned NYC-based lending platform founded in 2017. BlockFi offers cryptocurrency interest accounts, and these are very similar to regular bank accounts offering interest only in cryptocurrencies, not dollars. BlockFi is a type of crypto financial management platform.
BlockFi offers several advantages such as Simple Platform, Highly Competitive Interest Rates, Support from Some of the Biggest Crypto Investors, No ICO.
BlockFi is owned by Gemini Trust, which also runs one of the largest cryptocurrency exchanges and is regulated by the New York Department of Financial Services. They keep 95% of their holdings in cold storage, and another 5% in Hot Wallet.
Kraken is a cryptocurrency exchange, but you already know that, right? Kraken allows its users to trade cryptocurrency. Kraken exchange offers cryptocurrencies a good choice for trading. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins – Bitcoin, Ether, Litecoin, and Bitcoin Cash.
Kraken offers its customers an advanced trading platform that includes spot and margin trading for more experienced users. For high volume trades (over $100K) Kraken offers an Overcalculated (OTC) service with a 1-on-1 service. In addition, frequent high-volume traders can receive a dedicated account manager to meet their trading needs.
Kraken has worked hard to earn the trust of its users. This proves that they keep all their customers money safe. It can be said that Kraken is an option worth considering thanks to its excellent security features and low transaction fees. However, it is not the best choice for beginners because of its more complex interface.