The term “cryptocurrency exchange” refers to an online platform or marketplace where individuals from all over the world may buy, sell, and trade various cryptocurrencies. Users can deposit fiat money such as Euros, GBPs, or USDs and use those funds to buy cryptocurrency on a cryptocurrency exchange, which functions similarly to an online brokerage. In this article, we’ll be discussing the .Top Cryptocurrency Exchange Platforms In 2021.

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  • Binance

In terms of daily bitcoin trading volume, Binance is commonly regarded as one of the world’s largest cryptocurrency exchange platforms. It covers hundreds of crypto marketplaces and includes exchange markets for fiat to crypto and crypto to crypto. Although Binance is regarded as being especially well-suited for trading smaller-cap cryptocurrencies and ERC-20 tokens, despite the fact that BTC/USDT is the most dominant coin in the crypto-market, Binance is particularly active in the trading of cryptocurrency products, such as Bitcoin futures and other leveraged options contracts.

Binance

This platform is suitable for comprehensive price and chart analysis. Since the entry-level rate is 0.10%, the number seems low. We can meet particular volume targets each month, or you may lower this even more if you have BNB Coins in your wallet. After completing the mandatory KYC verification, you will be able to fund your digital wallet.

Payment Method: Debit or Credit card and Bank transfers
Transaction Charges: 4% of transaction
KYC Verification: Yes

Sign Up On Binance 

  • eToro

eToro

Etoro is a fintech startup that specializes in financial and copy trading services such as FX and cryptocurrency. They have more than 20+ million traders worldwide, and their services has a large range of cryptocurrency marketplaces where traders can trade with simplicity. This platform provides free digital wallet for storing bitcoin, known as the eToro wallet, which is accessible for iOS and Android smartphones. They offer over 20 cryptocurrencies accessible for trading on their platform, including prominent cryptos such as Bitcoin, Ripple, Ethereum, USDT, Stellar (also known as xlm) and Litecoin and a large collections of Defi coins. It thus includes Chainlink, Decentraland, Uniswap, Yearn.Finance and other projects.

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It has alot of crypto marketplaces and includes exchange markets for fiat to crypto and crypto to crypto(this isn’t available to U.S. users). However, there is a crypto-to-crypto conversion option similar to coinbase and binance’s offering, available for Bitcoin, Litecoin, Bitcoin Cash, Ethereum and Stellar.
eToro’s minimum transaction for buying and selling cryptocurrencies is $25 per trade. eToro definitely shines when it comes to costs. The marketplace uses a spread-only commission model, which means you only pay the difference between the buy and sell price. eToro usersa are allows to send cryptocurrency from the eToro platform to their own digital wallet, however eToro warns that coin transfers are one-way only, meaning that any coins sent cannot be returned to the eToro platform.

Payment Method: Debit card or bank account
Transaction Charges: 5% of transaction
KYC Verification: Yes

Sign Up For eToro

  • Coinbase

Coinbase is a company that runs a cryptocurrency exchange. It is simple to use and is regarded as one of the best crypto trading platforms for newbies. It has over 30 millions users worldwide. Hundreds of different digital currencies are available on Coinbase. The biggest concern is the high cost of the service. Its users may buy, sell, and swap over 100 tradable cryptocurrencies, including Ripple, Bitcoin, Dogecoin, and Ethereum, since it is a cryptocurrency trading and investing platform.

coinbase

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Institutional security safeguards are in place at Coinbase. This includes 98 percent cold client money storage as well as two-factor authentication.and whitelisting of IP addresses. Coinbase also has a digital wallet where you can not only store your digital assets, but also buy them.

Payment Method: Debit card, bank account, Wire Transfer, USD Wallet
Transaction Charges: Varies per method of payment
KYC Verification: Yes

Sign Up On Coinbase

  • Gemini Exchange

It is a cryptocurrency exchanging and custodian platform, where users can buy, sell, and store digital assets. It includes a slew of precautions for client funds protection and auditing needs. Gemini, like Coinbase, has stringent security procedures in place to guarantee that your crypto assets are secure at all times. Cold storage and multi-sig technologies are examples of this, as are two-factor authentication, address whitelisting, and hardware device support.

gemini

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More than 40 cryptocurrency pairings are supported by Gemini. Trading on the exchange will take a significant amount of money, with charges starting at 1.49 percent plus a 0.50 % markup. However, if you are investing substantial sums, this may be a worthwhile price to pay due to the institutional-grade security safeguards provided. Gemini also provides interest-bearing crypto savings accounts, allowing you to profit from your digital currency holdings.

Payment Method: Debit card or bank account
Transaction Charges: 2% of transaction
KYC Verification: Yes

Sign Up On Gemini Exchange

  • Luno

luno

Luno is a famous cryptocurrency trading platform that many people choose when they wish to purchase and sell digital currencies on their phone. The app is free to download and is compatible with both iOS and Android smartphones. Luno, which is available in over 40 countries, provides an easy and secure option to invest in prominent cryptocurrencies such as Bitcoin, Ethereum, and Ripple.

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Luno has processed over $21 billion in bitcoin buy and sell orders for its 8 million+ customers. To get started, you’ll need to first download the Luno app and then create an account. You’ll need to upload some ID before you may deposit money with your debit/credit card or bank account. This is quick and easy since Luno works with a third party that can check documents in seconds.

Payment Method: Debit card or bank account
Transaction Charges: 2% of transaction
KYC Verification: Yes

Sign Up For Luno 

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