A crypto exchange list is a lot. Many people find trading or investing in cryptocurrency intimidating, especially for the first time. It is because there is news about scams and people losing their money. The most important concerns when it comes to investing or trading cryptocurrency are indeed safety and security. Since most cryptocurrencies are expensive, it is specially to find secure crypto exchange platforms.
Coinbase and Coinbase Pro
Coinbase is the most popular and well-known cryptocurrency in the United States of America. Founded in 2012, Coinbase is a fully regulated and licensed crypto exchange. Currently, it has licenses to operate in more than 40 territories and states in the United States of America. The cryptocurrency industry has been negatively filled with shady exchanges and fake coins. On the other hand, Coinbase has been avoiding any controversy.
Coinbase offers a cryptocurrency that is highly easy to use. It also extremely lowers the barrier to entry for cryptocurrency investment that most people find it confusing and convoluted. This crypto exchange also provides insured custodial wallets for traders and investors to store their investments. But you have to take note that if your account is hacked because of your own doing, the insurance will not apply.
These custodial accounts offered are convenient for beginners in cryptocurrency who want to learn more about the industry. But Coinbase is the owner of the private keys to the coins within the custodial accounts, not the investors or traders. Moreover, Coinbase offers the free version of Coinbase Pro that has a different, more affordable, fee structure. It offers more options when it comes to indicators and charts.
Coinbase Pro is a great option for those who have mastered using Coinbase. It is helpful for completing the entire offerings by adding features that more advanced users would want. If you want to know which cryptocurrency to buy, this crypto exchange can help you with it.
Founded in 2017, Binance is a crypto exchange that focuses on altcoin trading. It offers more than 100 different trading pairs among different, various cryptocurrencies. Lately, Binance makes a large portion of daily crypto trading volume. So, it is not surprising that this crypto exchange dominates the global cryptocurrency exchange space. For global users, Binance only allows USD for deposits via SWIFT. But it allows you to buy a cryptocurrency with your debit card or credit card. This crypto exchange list also allows you to deposit using more than 20 fiat currencies.