BEST CRYPTO EXCHANGES IN 2022

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Bitcoin Image

Bitcoin kicked off the calendar year 2022 trading at the price of $47,200. We’re eight months into 2022 and since then bitcoin has fallen more than 50% of its market value making the altcoins bleed along with it. The whole year has experienced a bearish trend and experts suggest that the crypto market might recover in the last quarter of this year.

Despite all these facts the crypto market still remains a popular choice for investors of every sort all around the globe. The year has seen immense growth in the number of traders with now 300+ million people using crypto wallets around the World.

What is a Crypto Exchange?

Crypto Exchange is a digital marketplace where you can buy and trade cryptocurrencies and NFTs. Crypto exchange consists of a digital wallet where you can store and hold your digital assets. To get started in crypto you will first have to create an account on an exchange and purchase a digital fiat currency through various payment method options like credit/debit card, bank transfers, online wallets, and many more.

When choosing a crypto exchange following things should be considered:

  • Trading fees on the exchange
  • Security of the digital wallet
  • Liquidity of the trading pairs
  • Amount of cryptocurrencies listed
  • User-friendly interface

In this article, we will be discussing the best cryptocurrency exchanges if you are getting started in the crypto market or if you’re an already established trader.

 

Binance-Image

BINANCE

Binance is the leading and most trusted cryptocurrency exchange globally. Binance was founded in 2017 by Changpeng Zhao and has over 90 million registered users with being available in more than 140+ countries. The exchange has the highest trading volume in the crypto exchanges with an average daily trading volume of more than $14 billion. Binance has its own cryptocurrency known as BNB and a stablecoin called BUSD.

Binance has a spinoff website & app called Binance Academy which educates its users about cryptocurrency, crypto markets, trading strategies, and latest trends.

The key features of the Binance Exchange are:

  • It consists of one of the lowest transaction fees with it being less than 0.10%
  •  It consists of over 350+ Cryptocurrencies.
  • Provides a variety of digital payment methods like bank transfer, credit/debit card payments, and 300+ alternative options for P2P users.
  •  Supports fiat currency pairs like USD, GBP, AUD, and 43 more.
  •  Recently launched its own NFT marketplace.

Visit and create your account today on the Binance Exchange.

 

coinbase

COINBASE

Coin Base is one of the earliest and most famous cryptocurrency exchange in the world. Coin Base was founded in 2012 by Brain Armstrong and Fred Ehrsam. This exchange has over 103M+ registered accounts with being available in 100+ countries and supports three fiat currencies USD, GBP and EUR.

Coin Base has an article section that lets its users have the latest knowledge of the crypto markets and trends.

The key features of the exchange include

  • User-friendly interface for beginners looking to buy, trade and hold cryptocurrency.
  •  It consists of more than 100+ cryptocurrencies.
  • Has higher liquidity in several crypto trading pairs than other exchanges.
  • Digital wallet with built-in browser for Decentralized apps and supports storage of over 1000+ tokens, cryptocurrencies, and NFTs.

Visit and create your account today on the CoinBase Exchange.

 

Gemini

GEMINI

Gemini is a USA-based crypto exchange that is most famous for its security compliance and protocols. Gemini is the world’s first crypto exchange which is SOC 01 TYPE 02 and SOC 01 TYPE 02 complaint

Founded in 2014 by the Winklevoss twins with the exchange now being available in 60+ countries and supports major fiat currencies. The exchange has its own credit card called The Gemini Master Card.

The key features of the exchange are:

  •  It consists of over 100+ cryptocurrencies.
  •  The best security protocols in the crypto industry.
  • The Gemini Master Card gives crypto rewards up to 3% on purchases.

Visit and create your account today on the Gemini Exchange.

 

Kraken

KRAKEN

Kraken is one of the earliest and most trusted crypto exchange in the World. Kraken offers the safest digital asset storage by storing 95% of the assets in cold unit storage all around the globe. Kraken is available in more than 190+ countries and offers a wide range of cryptocurrencies to choose from. Kraken educates its users on the basics of cryptocurrency, the crypto market, and the latest trends.

The key features of the exchange are :

  •  Offers one of the lowest trading fees of other exchanges as 0.9% flat on stablecoins and 1.5% flat for all other cryptos.
  •  It consists of over 185+ cryptocurrencies.
  •  Offers high annual staking rewards of up to 23%.

Visit and create your account today on the Kraken Exchange.

 

FTX

FTX

FTX is one of the leading and fastest-growing crypto exchange in the world. FTX was founded in 2019  and in this limited time period the exchange has grown exponentially with an average daily trading volume of $1.6 billion. The FTX exchange provides traders with variety of trading options of cryptocurrency in spot, margin, future, and derivatives. The exchange has a separate platform for USA traders called FTX US.

  •  It consists of more than 180+ cryptocurrencies.
  •  Offers compatibly lowest trading fees from most of the exchanges.
  •  Provides one of the best liquidity.
  •  Supports NFT trading.

Visit and create your account today on the FTX Exchange.

This Post Has 3 Comments

  1. Tasveeb

    Great knowledgee!
    This is exactly what I wanted!

  2. Aish

    Good informative content

  3. Hamza Zaidi

    Exceptional read and great area to explore.

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