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Volkan Kirkar

What are the best crypto exchanges?


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Hi Volkan, thanks for asking the question.

The most famous and used crypto exchange in the US is Coinbase. The exchange started operating in 2012, shortly after the rollout of first cryptocurrency - Bitcoin. Coinbase is a completely regulated and licensed exchange which has licenses to run in more than 40 U.S. states. 

While the crypto world has struggled with a number of shady exchanges and scams, Coinbase always remained reliable. It offers users a very user-friendly system, making it very easy to invest in cryptocurrencies, which is especially important for beginners. 

Not far behind in terms of popularity is another exchange Binance. It provides an option for coin-to-coin crypto trading and is one of the exchanges with very high available coin pairs and trading volumes. 

The biggest difference with Binance is that it doesn’t allow trading via fiat currency, which means it’s entirely crypto-based. This means that the base unit is Bitcoin, instead of USD. 

Binance also offers low transaction and withdrawal fees, which are discounted if the trader is owning Binance Coin (BNB). 

Another great crypto exchange is CEX.io, a fiat-to-crypto platform that’s great for both highly experienced traders and beginners. Experienced traders who are new to crypto trading often like CEX.io as the platform is similar to fiat currency trading platforms. 

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