8 Best Crypto Exchanges with Low Fees and Good Customer Service: The Top Cryptocurrency Trading Platforms for Altcoins, Bitcoin, and Ethereum - Dbottrading.
You want a platform with the lowest fees possible, a large selection of altcoins, fast trades and payouts, and good customer service that’s available 24/7.
Anything less can result in missed trading opportunities, signup headaches, or week long delays to receive your funds.
Based on these benchmarks, we’ve spent over 30 hours researching, testing, and scoring the 25 most visited crypto exchanges. Below we’ve listed the highest scoring sites and what stood out about each.
Best Cryptocurrency Exchange Platforms: First Look.
Best overall, low fees - Binance (or BinanceUS for US residents) Best customer service - Kraken Best for beginners - Coinbase Crypto meets forex - eToro Simple brokerage service for popular coins - Coinmama No ID required - Bisq Attractive trading volumes - Bittrex Strong security features - Gemini.
Addition Benchmarks for Cryptocurrency Exchange Platforms.
Customer service - Cryptocurrency exchange platforms can see a lot of trading, and other back-and-forth scenarios between clients and staff. For this reason, a customer service team that offers excellent communication and transparency is essential for success.
Regions covered - As a user, it is smart to choose a platform that is close to home so they can remain in compliance with the law. These laws change between countries and regions, while some platforms offer extensive services worldwide. Others are more limited.
Security - Security is one of the most crucial components of a cryptocurrency exchange platform. This includes the security of users’ funds, what personal data is necessary for signing up and the amount of servers worldwide. The more servers there are, ist binance cryptocurrency exchange
app sicher the less likely it is the platform will fall prey to an attack.
Here is a closer look at each one of the platforms listed above:
1. binance cryptocurrency exchange
– Best Cryptocurrency Exchange Overall.
This platform is based in Malta, even though it has branches in different parts of the world. It is a perfect option for beginners and experts alike. Not only that, but the platform has around 200 coins in total, ranging from the usual ones like Bitcoin to their native coin known as Binance Coin.
Secure Asset Fund for Users (SAFU) Native Binance Coin (BNB) Approximately 200 cryptocurrencies to trade 0.1 percent flat trading fees.
US residents must use Binance.us which has only 80 cryptocurrencies available Potential issues with ID verification Slow-to-respond customer service.
Binance offers a range of services such as margin trading, futures trading, and a lot more. Their fee remains at 0.1 percent on most transactions, but they also have a credit card brokerage service for more convenient purchases and sale of cryptocurrencies (at higher fees).
Security might not be something to worry about when using this platform, thanks to their system known as Secure Asset Fund for Users (SAFU), ensuring users from theft of funds. On the downside, however, this platform’s 2FA and ID verification processes can take quite a while to set up.
2. Kraken – Best Customer Service.
This cryptocurrency platform takes pride in offering amazingly fast bank withdrawals, being available in most parts of the world, and charging low fees. The fees are between 0 and 0.36 percent, i-binance x-mbx-apikey
which is dependent on your type of trading as well as your trading volume for the last 30 days – you will enjoy lower fees if you trade more.
Wonderful customer support Available worldwide Strong reputation Fast bank withdrawals Considerably low transaction fees.
Some bugs and issues Not the largest selection of altcoins.
This platform also facilitates discreet trading through its dark pool feature, which is another reason it is quite popular. You will, however, note that the user experience is not the best in the market if compared to other platforms. The platform’s UI needs a little bit of tweaking to make it more user-friendly.
3. Coinbase – Best Platform for Bitcoin Buyers and Beginners.
Coinbase is, hands-down, one of the best platforms for Bitcoin exchanges online. It is used by lots of beginners who are trying to get their hands on digital currency. For this reason, it is a common platform for those looking to make both deposits and withdrawals of the most popular coin in the market – Bitcoin.
Intuitive UI for beginners and experts alike Best place for Bitcoin purchase 30 million users worldwide Accepts debit cards, credit cards, and wire transfer.
Sluggish customer support Rather extensive monitoring of trades Fees are a little bit on the higher side.
In addition to facilitating fast deposits and lots of payment methods, this platform has a UI that is almost perfect and easy to understand. Here, you can trade the most popular cryptos, including Litecoin, Bitcoin, Ethereum, and others.
Having been founded in 2012 and accruing a total of over 30 million active users currently, this platform is truly popular for a good reason.
One of the slight downsides of the platform is transaction fees that are somewhat higher compared to the best platforms for crypto exchange. The fees here are in the form of a 0.5 percent premium, after which you have to pay a slight fee depending on the amount that you trade.
Well, you may say that such are the fees that you pay to enjoy a well-designed UI as well as get your services from a popular crypto trading platform.
Is There a Difference Between Coinbase and Coinbase Pro?
There, indeed, is a slight difference between Coinbase Pro and Coinbase. Formerly known as GDAX, Coinbase Pro is a separate app that is meant for expert crypto investors. It is also more geo-restricted compared to the normal Coinbase app.
4. eToro – Crypto and Forex in One Place.
If you are a fan of both the worlds of forex and crypto, then eToro should be your go-to platform. This might be the best platform yet for traders interested in having their fingers in many pies. The platform can be used from both its web or mobile platform.
Choose between web and mobile platforms Has been in operation since 2007 Can be used for both crypto and forex Supports up to 94 cryptocurrency pairs.
Not a crypto-specific site Supports only 14 crypto coins.
It is also good to keep in mind that eToro has a dedicated crypto wallet app that utilizes multisig authorization for added security when investing with other parties. Having been established in 2007, eToro has done a great job in building a recognizable reputation for itself.
The only downside is the fact that they support a mere 14 crypto coins, even though it is a catalog of the most popular coins.
5. Bisq – Best Decentralized Platform.
This is a decentralized crypto exchange platform. As such, its servers spread out all over the world, which makes it almost resistant to attacks. In that light, this is one of the best platforms for the purchase of different types of cryptocurrency in terms of security.
Brilliant security Open-source code Usable in the United States No ID required.
Does not allow the use of credit cards for deposits.
What is more? The platform’s source code is discussed openly on GitHub and binance wachtwurd fergetten Slack, which makes it all transparent. One thing to keep in mind about the platform is that you will be charged 0.001 BTC and some extra mining fees for transactions, regardless of whether you are selling or buying.
The main downside is that the service only allows wire transfers for deposits. Also, after Litecoin and Bitcoin, the rest of the cryptocurrency is negligible.
6. Coinmama – Good Brokerage Service for Bitcoin.
This is simply not a cryptocurrency exchange platform; rather, it is a brokerage service.