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Every year, the market for digital assets market gets more and more mature and developed, attracting new participants. The growing interest of the audience contributed to the discovery and development of new crypto platforms: at the moment there are more than three hundred of them in the market. With this diversity, it is especially important for owners of digital money to find a reliable platform for exchanging, selling and buying cryptocurrency. We have put together a list of the 5 most convenient, safe and time-tested exchanges for 2020:
Binance. This is an unquestionable leader in terms of popularity, and has been considered as such for many years. The fast-growing Chinese platform was founded in 2017, but in a short time managed to overtake its world competitors in average daily trading volume. One of the main advantages of Binance is its low fees for trading on the exchange (0.1%), zero commission for cryptocurrency deposits and a fast processing.
Okex. Hong Kong trading platform, which is in great demand all over the world and is close to parity with Binance’s glory. Currently, Okex has over 500 various trading pairs, and the total volume of transactions stands at 160,000 BTC per day. In addition, the creators of the exchange pay special attention to the protection of user data and funds, therefore, since 2015, the platform has never been hacked.
Huobi. This expert trading platform, according to CoinMarketCap resource statistics, is a stable member of the Top-10 list in terms of trading volume with its daily turnover being in excess of $1,000,000,000. Huobi attracts users thanks to it multilingual interface that support 13 languages, and data security, since it pays special attention to registration and verification of accounts.
Bitfinex. The crypto exchange was established back in 2012, and at first was the largest Bitcoin trading platform holding as much as 10% of the entire market. Over the years, Bitfinex has gained fame and a good reputation in the crypto world. The exchange has one of the most advanced trading terminals on the market with convenient graphical tools for data visualization. Also, the platform enables its users to open 3 separate accounts at once: credit, margin and trading
EXMO. The international cryptocurrency exchange, established in 2013, boasts a consistently high rating. It is considered one of the best platforms for simultaneously working with cryptocurrencies and fiat. EXMO has a high transaction speed: from 5 to 30 minutes to withdraw funds, and several seconds to transfers within the system. In addition, this exchange is one of the most reliable in Europe due to the high degree of protection of user accounts. Cryptocean customers can test all the benefits of EXMO themselves: in January 2020, CRON coin was successfully listed on this platform.