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Top 4 Crypto Exchanges & Everything You Need to Know

Getting overwhelmed with too many crypto exchanges options in the market is a common response for anyone who is new to the crypto world. The popularity of crypto trading has compelled millions of prospective users to itself, and traders are in a constant hunt of more advanced and safest crypto exchange on the market.  

To help you with your search for best crypto exchanges here is a list of top trading platforms in the crypto world that have highest rating on both Goggle and Apple stores.  

List of Best Crypto Exchange Ranked According to Their Ratings 

  • Binance  
  • Coinbase 
  • Bybit 
  • CoinMama  

Binance 

Trading on Binance is fairly easy and user friendly because of its interactive user interface. Users with different experience levels can opt for various trading options according to their preference. Additionally, the exchange has plenty of crypto assets available including Bitcoin, Ether, BNB, XRP and Tether trading pairs.  

Binance is one of the biggest crypto exchanges that supports crypto/fiat pirs on Binance’s fiat markets. Traders on this exclusive exchange can select any interface such as “basic,” “classic” and “advanced” for order book style for margin trading and OTC trading options.  

Moreover, there are ways for users to make passive income with Binance as it provides a staking service. With Binance staking users can earn rewards and commissions on decentralized finance (DeFi) coins and proof-of-stake. To stake crypto on Binance users do not even require any technical knowledge. The crypto staking service on Binance is provided in locked and flexible options. Additionlay, with Binance Smart Pool miners can contribute to a larger mining group which splits rewards.  

Coinbase 

Coinbase is one of the earliest crypto exchanges that started providing crypto trading services around the globe. Since its establishment, the exchange has maintained its reputation in the market by providing top-of-the line tradeable products.  

Coinbase has plenty of reward and passive earning programs available for its users like Coinbase earn and staking. With Coinbase earn users can earn rewards just by filling out quizzes and watching videos on the platform. Moreover, the exchange has plenty of crypto assets available and supports various payment gateways. Users can easily buy, sell, and trade crypto on Coinbase as it has an easy-to-use user interface.  

When it comes to the security detail of this platform, the exchange is secure against any kinds of cyber-attacks. Coinbase has advanced security checks in place like biometric logins to restrict any unnecessary or suspicious logins.  

Bybit 

Another major exchange in this list of top crypto exchanges is Bybit. it’s arguably one of the most convenient crypto derivatives trading platforms to use as this exchange is used by more than 1.2 million traders. Bybit is very user friendly, thus there is a huge influx of users on the exchange. If you are new to trading, then with some practice you can learn how to margin trade on Bybit. The exchange can be a bit intimidating for a new trader whereas it offers a plethora of trading options for advanced traders.  

Once a trader gets accustomed to specifications and trading models of Bybit, they’ll appreciate the exchange’s customizable modules.  Bybit dashboard layout is nicely organized, but users can resize, move, or maximize the modules according to their preferences. 

As for the mobile application of Bybit, it is just like its web-based counterpart’s functionality. Users can trade anytime and anywhere they want without even worrying about any kind of hacking and criminal activity. The exchange has a strong and secure framework strengthened with top-notch security protocols. 

CoinMama 

CoinMama is one of the safest crypto exchanges and it is known for its multiple payment gateways, including its ability to accept payments and transactions made via Credit and Visa Card. The exchange has many popular crypto assets available for trading. Moreover, with its advanced trading modules users can benefit a lot. As for the user interface of this exchange, it is also very interactive and user friendly. 

However, unlike many other trading platforms, CoinMama doesn’t support trade between buyers and sellers as all crypto assets sold are from the exchange’s inventory. In simple words this means that the transaction is between company and users. So, if you are looking for a suitable crypto exchange then CoinMama can be a potential option for you. 

Conclusion  

Summing it up, all the above-mentioned crypto exchanges are unique to what trading options they provide to users. So, if you are in search of the best suited crypto exchange then choose a platform that aligns with your trading needs and objectives. 

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