Traders and investors around the globe actively use crypto exchanges to conduct operations with digital currencies. First and foremost, it is swapping coins, buying, and selling. Large and credible crypto platforms offer a much wider array of tools for their clients such as:
- staking;
- margin trading;
- leverage;
- trading bots;
- trading with fiat currencies;
- p2p;
- and much more.
The cryptocurrency exchange WhiteBIT has a Blog where users may find valuable information on the mentioned trading tools as well as a step-by-step guide on how to apply those tools and make a profit. WhiteBIT is one of the most used cryptocurrency exchange platforms that deserves trust.
Here are the criteria of credible platforms:
- Crypto exchanges should provide a high level of safety for users’ assets. Clients invest and entrust their money to exchanges, and they expect their funds to be stored in a safe place. KYC verification is a necessary stage for registration on a credible crypto platform. It allows to keep track of illegal users’ activities and stop them.
- The number of assets pairs. Large crypto platforms offer all existing crypto assets and, of course, all the most popular (Bitcoin, Ethereum, etc.).
- Transparent fee policy. Some crypto exchanges hide fees from their users, which is a sign of unfair service. Credible crypto exchanges have an open and transparent fee policy so that users know for sure how much they pay for each transaction.
- An extensive set of trading tools. That’s what we talked about at the beginning of the article. Large and credible exchanges offer a wide range of earning opportunities.
- User-friendly interface.
Best cryptocurrency exchange platforms:
- Binance
- Okex
- Huobi Global
- WhiteBIT
Binance
It is the best cryptocurrency exchange platform. After implementing Binance Jersey, it started to work with fiat currencies. The exchange has a multilingual interface, application for PC and mobile devices, a complete set of trading tools, educational section. The exchange charges an average fee of 0,1%.
OKEx
This cryptocurrency exchange platform is focused on users’ security. It offers a demo account for beginner traders. The exchange allows crypto loans and pools.
Huobi Global
Huobi exchange offers a wide array of trading tools and a unique protection mechanism against hacker attacks. Trading with leverage, spot trading, futures, staking.
WhiteBIT
Spot trading, p2p, staking, margin trading, etc. Over 400 trading pairs. The exchange is focused on clients’ safety – 96% of users’ investments are stored offline.
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