Top 10 Crypto Exchanges to Watch in 2021
Are you ready for the future of cryptocurrency trading? The world of digital currency is constantly evolving, and 2021 promises to be another exciting year for crypto enthusiasts everywhere. With so many exchanges out there, it can be tough to know which ones to trust with your hard-earned crypto-assets. But don’t worry, we’ve got you covered with our comprehensive list of the top 10 crypto exchanges to watch in 2021.
Binance
When it comes to crypto exchanges, Binance needs no introduction. Launched in 2017, this Malta-based exchange quickly skyrocketed to become the largest crypto exchange globally in 2021, handling an average of over $2 billion in trades per day! One of the major selling points of Binance is its incredibly low transaction fees, which can go as low as 0.1% for those holding their native Binance Coin (BNB). Binance also offers a wide range of cryptocurrencies to trade, with more than 300 trading pairs available on the platform.
Coinbase
Founded in San Francisco in 2012, Coinbase is one of the oldest and most respected names in the crypto industry. It’s a great choice for beginners, thanks to its user-friendly interface and easy-to-navigate website. Coinbase offers multiple coins trading, including Bitcoin, Ethereum & Litecoin. Over the last decade, Coinbase has invested heavily in its security features, setting itself apart as a safe haven for those keen to protect their digital assets.
Kraken
Kraken is another American based exchange that’s been around for a while. With low fees and a wide range of cryptocurrency pairs, Kraken is certainly one of the most reliable exchanges out there. Kraken is known for its advanced trading features, offering margin trading and stock-like orderbooks that are particularly suitable for experienced traders. Kraken also supports crypto-fiat trading, making it one of the few exchanges where you can directly trade crypto for fiat currencies.
Bitmex
Bitmex is a popular choice for experienced traders looking for high leverage and advanced trading tools. The exchange is based in Hong Kong, and its primary focus is on trading Bitcoin and other futures contracts. Bitmex claims to have one of the highest liquidity levels in the industry, ensuring that traders can enter and exit positions easily.
Huobi
Huobi is a Singapore-based exchange that’s been around since 2013. With a user-friendly interface and low trading fees, Huobi is a great choice for traders looking to invest in a range of cryptocurrencies. The exchange has built a solid reputation for its security measures, and the platform handles an average of over $1 billion in trades daily.
Bithumb
South Korea has become a major player in the crypto space over the last few years, and homegrown exchange, Bithumb is leading the way. Bithumb is a popular choice for those looking to trade Bitcoin, Etherium, and other major cryptocurrencies. The exchange boasts some of the lowest trading fees in the industry, and its user-friendly interface makes it an attractive option for beginners.
Bitstamp
Founded in 2011, Bitstamp is one of the oldest cryptocurrency exchanges in the industry. Based in Luxembourg, Bitstamp is known for its commitment to transparency and regulatory compliance. The exchange allows for both fiat currency deposits and withdrawals, making it a great option for those looking to trade crypto for cash. Bitstamp also offers a high level of security, with two-factor authentication and cold storage options.
Bitfinex
Based in Hong Kong, Bitfinex is one of the largest crypto exchanges, with millions of users around the world. The platform offers a range of cryptocurrencies for trading, including Bitcoin, Ethereum, and Litecoin, as well as more obscure coins that aren’t available on other exchanges. Bitfinex has a reputation as a reliable and secure platform, with robust security features, including two-factor authentication, encrypted messaging, and cold storage.
OKEx
OKEx is another Hong Kong-based exchange that has become increasingly popular in recent years. The exchange offers a range of cryptocurrencies for trading, including Bitcoin, Ethereum, and Litecoin, as well as futures contracts and options. OKEx has a reputation for offering some of the lowest trading fees in the industry, making it a great option for those looking to save on their trading costs.
KuCoin
KuCoin is another Singapore-based exchange that’s been around since 2017. The exchange is known for its low trading fees and user-friendly interface, which makes it an excellent choice for beginners. KuCoin offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, and Ripple. The exchange has also invested heavily in its security features, ensuring that users’ digital assets are kept safe.
Conclusion
The world of crypto can be an overwhelming place, but choosing the right exchange is a great way to get started on your journey to financial freedom. Whether you’re a seasoned trader or just getting started, the 10 exchanges that we’ve highlighted in this list are sure to offer you the security, reliability, and range of features that you need to succeed in the world of cryptocurrency trading. So go forth, and start trading!
PS: We recommend checking their APIs to add their trading capabilities to your application.
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