To get into cryptocurrency, you’re going to have to find a place to trade it first. Luckily, crypto traders have more options than ever before to fit their cryptocurrency needs. Check out some of these platforms you can use to trade cryptocurrency.
Originally founded in 2012, Coinbase has grown to become one of the largest cryptocurrency platforms in the world. With Coinbase, users have the choice between choosing regular Coinbase and Coinbase Pro. For more savvy crypto traders, it’s recommended that you choose Coinbase Pro.
With Coinbase Pro, you’ll be given a 0.04% to .50% free whenever you place an order at the current market price. The platform gives you access to sell and buy over 100 of the most popular cryptocurrency coins in the world. Check out Coinbase Pro if you want to use an exchange with a long history behind it.
Binance is a cryptocurrency exchange known for being great for beginner and veteran cryptocurrency traders alike. The reason for this is that Binance gives users some of the lowest fees in the cryptocurrency industry, whether it be for buying or selling currency. For buying, users also have various choices they can use to purchase over 200 different cryptocurrency coins that Binance supports.
To be directly connected to the cryptocurrency community, Binance allows users to directly sell and trade between other users. Those using debit or credit cards have the choice of purchasing 31 different cryptocurrency coins at fees up to 3.5%. Lastly, you’re also able to directly wire money from your bank account to Binance if you want to purchase cryptocurrency at any time. Think about using Binance if you want an exchange that offers you a lot of choices at lower fees.
As you get into cryptocurrency, you might want to start using an exchange that offers you more than typical buy and selling services made for lower-end consumers. Since 2011, Kraken has been able to make that happen with the unique services they offer to their customers.
For more experienced traders, you might like the margin trading they offer which allows you to take on risk for better rewards. You also have the ability to stake your crypto, meaning that you can get rewards over time for having your crypto used instead of sitting in your cryptocurrency wallet forever. Look more into Kraken if you are interested in a cryptocurrency exchange offering unique services to their customers.