Buying Bitcoin is easy, thanks to the wide range of crypto exchanges available. Before exploring the digital asset and cryptocurrency industry, you need to know some of the trusted and secure cryptocurrency exchanges to buy Bitcoin and other cryptocurrencies.
Below are some of the best crypto exchanges for buying and selling Bitcoin and altcoins.
1. Crypto.com exchange
This is one of the most popular crypto exchanges globally, and it also has a wide range of digital assets. If you want a trusted website, you are safe using crypto.com.
The Singapore-based company is one of the largest exchanges globally as it boasts over 3,000 employees and has continued to offer crypto-related services. It supports staking, non-fungible tokens, and investing. If you want an easy-to-use and one of the best crypto exchanges for buying Bitcoins and other cryptocurrencies, you should signup to Crypto.com now.
2. FTX
FTX is a relatively new exchange making waves while helping users access diverse services. Founded in 2019, it records billions in trading volumes daily. It is safe to note that it has a subsidiary, especially for US citizens, called FTX.US. With this, it can meet regulations peculiar to the United States.
However, FTX is different from the usual exchange because it offers a range of products, including derivatives and leveraged tokens. This makes it more complicated than most exchanges, but you would benefit from it provided you are interested in derivatives.
3. Coinbase Exchange
Coinbase has one of the best user interfaces in the industry as most users can easily surf and buy their favourite cryptocurrencies. Coinbase exchange has a wide range of products for buying and selling tokens and cryptocurrencies for all users.
If you hope to trade several altcoins, you may find Coinbase lacking in this aspect. Coinbase is also one of the largest crypto trading platforms worldwide, with almost 80 million users and billions worth of assets.
4. Binance
Binance is a favourite amongst crypto traders because of its wide product range. Besides offering different coins and tokens, Binance has expanded to different continents, providing services to hundreds of countries. If you love altcoin trading, you should consider signing up on Binance now.
Binance helps users store their assets in internal wallets (hot wallets), saving you time and energy. Another reason Binance has grown popular is due to its affordable peer-to-peer trading and high liquidity.
Liquidity is often a problem with many crypto exchanges, but not on Binance. Binance also caters for the needs of beginners and professional crypto traders. As a professional trader, you can access the best trading tools to assist you in making a steady profit.
5. Bitget
Another exchange you should consider is Bitget. Founded in 2018, it offers digital products and services, including spot and derivative trading.
Bitget is one of the best trading platforms, especially since it has operating licenses for Singapore, Canada, and other countries. Like most exchanges, it has an app for mobile devices, so you can check your holdings anytime you want.
Professional traders may also benefit from its leverage trading, which is riskier than other trading methods. This makes it necessary to incorporate risk management and every other method to maximize gains and minimize losses.
6. KuCoin
This exchange is essential for professional traders ready to access more options to maximize gains. It is safe to note that KuCoin does not operate in the US. However, non-US users can benefit from the wide product range and technicalities. One of the reasons KuCoin is one of the best crypto exchanges is that it charges low transaction fees.
If you want to access a lower transaction fee, you can easily use this exchange to purchase your Bitcoin at an affordable price. Also, you can earn interest in your cryptocurrencies. Receiving interest may serve as another source of income for you, which is always a great addition.
7. Huobi Global
You can also buy Bitcoin on Huobi Global. This company is one of the leading players in the digital asset industry, paving the way for digital asset exploration.
Huobi Global is expanding rapidly as it presently has offices in South Korea and Japan. Despite being one of the oldest trading platforms, it has continued to meet industry standards regarding product range and services.
Huobi Global exchange might not be the best for people new to cryptocurrencies as it has complex tools and options. Similarly, it struggles with getting the licenses to operate in most countries, but you can easily utilize the exchange platform if it operates in your country.
8. Kraken
Kraken is one of the oldest crypto exchanges that came into the limelight after Bitcoin’s success. Created in 2011, it continues to function and offer an impressive range of digital assets. Fortunately, Kraken operates in the US and is based in San Fransisco.
You can easily explore the website without much difficulty with the user-friendly interface. Also, professionals can benefit from Kraken because it provides for the needs of every kind of trader. Again, it has some essential tools in trading, such as stop-loss and margin trading.
9. Bitfinex
One of the most important parts of Bitfinex is its affordable transaction fee. If you want to buy Bitcoin without spending a lot on transfer fees, you should register on Bitfinex now.
However, there is an issue with regulations, which may affect the exchange’s future. Bitfinex supports technical trading, such as derivatives and margin trading. It is safe to note that Bitfinex does not operate in the USA. You need to opt for other crypto exchanges if you are based in the United States.
10. Gemini
Gemini is a popular exchange that has grown over the years. With Gemini, you can buy, sell or store your cryptocurrencies. If you are based in the US, you can leverage Gemini to access your digital asset needs because it meets the need of every trader.
Gemini operates in different countries, such as the US, the UK, and South Korea. One of the most prominent advantages of using the Gemini crypto exchange is its ease of use.
Since ease of use is essential for every beginner, you can easily purchase Bitcoin and other cryptocurrencies through your desktop or mobile application. Also, Gemini offers services for both retail and institutional consumers, making it appropriate for most needs.
11. Bybit
Bybit is one of the best crypto exchanges meeting the needs of crypto enthusiasts worldwide. A unique fact about Bybit exchange is that it provides access to spot and derivatives trading, which is not always available on most platforms.
If you are looking to explore cryptocurrency trading, and you are searching for a more advanced trading platform, you will enjoy Bybit. But this does not mean beginners can’t trade on it as well.
No matter your experience, you can easily buy Bitcoin, choose the best payment options and finally get your favourite cryptocurrency on Bybit. Professional cryptocurrency traders get to enjoy more advanced tools to aid trading in a bid to maximize profits.
12. Bitstamp
A major advantage of Bitstamp exchange is the affordable transaction fees. If you want to reduce your trading fees and save money, you should sign up on Bitstamp now.
Besides saving costs, you can also buy Bitcoin and other altcoins on this platform safely. Safety is something everyone wants, especially when dealing with cryptocurrencies.
Thankfully, Bitstamp is trusted and can assist you in exploring the cryptocurrency market. Both beginner and advanced crypto traders can use this platform to execute transactions. Also, if you want to trade altcoins, you may enjoy an attractive range on Bitstamp.
13. Gate.io Crypto Exchange
This exchange has a wide range of digital products for interested buyers. Also, you can easily trade Bitcoin and altcoins on this exchange thanks to its extensive listing. It is also one of the most secure exchanges globally, making it safe to trade on the platform.
However, unlike other trading platforms, it does not accept fiat currency, making it difficult for new buyers to buy coins. Still, you can purchase Bitcoin easily on Gate.io when you understand how wallets work and how you can transfer from one wallet to the other.
Kathy Brooks is a digital marketing specialist at IPB Digital LLC. She is a technical writer that is fascinated with all things blockchain, cryptocurrency, digital assets and web3. Follow IPB Digital LLC on LinkedIn, Facebook and Twitter.
