Photo by Busbus on rawpixel
Written by Gab Angeles
We understand how attractive the entire crypto market has been looking for the past months. But starting to get into it may prove to be quite a stretch. It’s a tricky situation for one to put himself into. The fact is crypto itself, as a concept and means of exchange, is too complex for one to understand and comprehend overnight. But aside from setting yourself up a trustworthy enough cryptocurrency wallet, the next thing you’d definitely need in this endeavor would be to find yourself a cryptocurrency trading platform that works best for you.
When you search for it, you’ll discover that cryptocurrency markets have tons of crypto exchanges. These cryptocurrency exchange platforms allow you to get yourself any crypto or digital currency you want, without needing to mine for it. Each cryptocurrency market works this way since crypto mining requires quite a hefty capital, additional know-how, and quite a large space for you to have all those graphics cards at work 24/7.
Case in point, several cryptocurrency exchange platforms have been bustling in the community. This is because they managed to prove that they’re an easier gateway into crypto. Also, they’re very easy to work with. They allow for use of fiats and digital currencies for you to be able to buy and sell, and trade crypto with them at your liking.
List of the Crypto Trading Platforms an Investor May Consider a Priority
So without further ado, here’s a list of the best cryptocurrency trading platforms for 2021 that you’d surely love!
All the cheesy YouTube ads aside, eToro is actually a great platform when it comes to trading stocks and cryptocurrency. It definitely flourishes in cryptocurrency markets. All the Warren Buffet referencing and Alec Baldwin features might not convince you. But eToro succeeds in becoming a great trading exchange platform due to the fact that it’s super convenient to use and very accessible. Its application is available for both PC and mobile users.
They also have an interface that’s not that hard to understand. And this easy information on trading cryptocurrencies page is important for a successful digital currency transaction.
Where’s eToro at cryptocurrency trading?
eToro has over 140 countries supporting the platform. It also has a vast selection of financial assets to buy, sell, and trade. Thus, eToro proves to be competitive enough and manages to bring itself up the ranks despite the ton of trading and exchange platforms out there. They also have their own integrated wallet app to make trading cryptocurrencies easier for you. This then instantly made them a one-stop shop for all things about trading and exchange.
They’re best known for their CopyTrader™ technology that allows for clients to compare their performance alongside other top traders. They can also opt to copy the top trader’s trading activity automatically and in real-time if they deem it fit to secure themselves from price moves. It’s a very attractive feature that has gotten most people into having eToro as their sole trading platform and wallet.
Prior to eToro’s mainstream resurgence, Coinbase was the top best crypto-only trading platform. It was well known because it’s one of the largest bitcoin exchanging websites. Couple it with their world-class security and investor-friendly levels of liquidity. Such is a lower risk. They also offer extra features such as API for developers (for use in third-party apps), trading, and a digital wallet (for your assets, deposit boxes, and vaults for reserves).
That platform’s UI is easy to understand, making it the perfect gateway for crypto neophytes. They also allow for payment via Visa and Mastercard. Thus, it is inclusive and accessible to anyone who wants to start trading. Credit cards bank accounts are also allowed, but with a buying limit so as not to exploit the system. Also, despite its large base of customers, transactions are fast. The buying limit is high, and the fees are comparatively low – making it perfect for both newbies and experts alike.
Targeting mostly the beginner demographic, Kraken is a great crypto trading platform to become acquainted with the system and inner workings of crypto. Newbies will easily spot trends, and will know when to move assets around until they become an expert. Kraken manages to perfectly draw a spotlight on how people get themselves a grasp of how finance and money works.
Kraken offers great portfolio management and is very simple to use. They are also known to offer world-class safety and security. So, you know your assets are safe even if you’re just starting out. They also have 24/7 global customer service and support, investor pairing, a quick list of financial resources, and quick enrichment of your portfolio. Their best way to compete in the dog eat dog market is their competitive pricing plans and their flexible processes. It makes them a great choice for investors with assets of any size.
All these investors need to secure is a secured and fast internet so they can thrive in trading cryptocurrencies.
Bitfinex is a more complex trading platform for experts, making it not that for mainstream use. It boasts an advanced list of tracking interested sellers and buyers, and eight variations in order typeset for all scenarios. More so, they’re proud that one only needs a smart phone to get started with his crypto trading journey.
What they offer instead
Bitfinex offers a highly interactive user interface. They have demos that help you get acquainted better with the platform. Addedly, they have the following:
- a vast selection of digital assets to be acquainted with;
- trade leveraging to make sure you get the best possible rate at a specific point in time;
- and five more order types alongside the three known basic ones.
The site doesn’t require you to deposit money for crypto. Still, the platform successfully manages to make your portfolio attractive for trade demanders that want your digital assets.
Bittrex is another crypto exchanges platform for well-trained and highly knowledgeable crypto investors. It’s a high-level crypto trading platform with cutting-edge technologies up to the increasing demand for crypto. This is alongside keeping up with the currency’s ever-changing landscape. Bittrex mostly focuses on minimizing the time needed for transactions to proceed. It also makes sure the entire ecosystem they have created is secure enough for hackers to be unable to penetrate it.
This crypto exchange platform is also known for incorporating cross-sectional layers and having quite a diverse set of security schemes. It can also generate dynamic API and algorithmic trading. Thanks to the scalable engine it has that not only ensures the minimum time for every transaction but also allows attachment to third-party trading platforms. This innovative (and borderline ideal) blockchain project aims to bring crypto to the mainstream, with global adoption always at the top of their minds. Their modernized approach to record data and the digital wallet that they offer are also notable products of Bittrex.
Poloniex is an up and coming cryptocurrency exchange platform that has managed to double its monthly traffic and customer base within a few months. It’s a platform mostly lauded for people who are into altcoins. In which, traders and investors had managed to make Poloniex popular just by word of mouth. They allow for transactions of any crypto of your liking. They offer relatively lower trading fees (which usually is at around 0.20% or below).
Poloniex allows for a vast array of cryptos and bitcoin to buy, sell, and trade. From BTC, ETH, altcoins, and even stable coins, you may use them to invest in innovative projects and reach those objectives. Their endgame in mind is to become a key tool in pushing through the financial revolution. Thanks to their platform, cryptocurrencies are promoted for global adoption. Poloniex makes use of an algorithmic approach for initiating trading. But the real competitive advantage happens when researched strategies are mixed in (which they also provide).
Poloniex is also known for supporting a lot of crypto pairs that are also available on other crypto trading sites. This makes them quite adaptive while also making sure that their high level of security features are well taken care of. They do it by having the maximum amount of data be saved offline, while they only store exact amounts as funding for seamless and hassle free trading.
Boasting a customer base of over 3 million investors, CEX.IO is proud to be a trusted and reliable crypto trading platform for people to exchange their cryptocurrencies on. They are well capable of managing fund deposits, buys, sells, and even the use of Visa and Mastercard for payments.
Advancement due to market capitalization
CEX.IO offers an advanced trade engine that is more than able to support order listing algorithms while also processing high-volume orders, both in real time. They’re more than capable of protecting your assets from fraudulent behavior. This is through security protocols that are more than ready to deal with DDoS attacks and full data encryption. They have compliance with PCI DSS standards which ensure that the level of security is indeed strong.
CEX.IO is also known to protect their traders from experiencing negative balance impacts, which in turn, has boosted their trading for up to 10 times than before. Your transaction history and balance can be checked with full transparency. Also, the platform is able to offer:
- high liquidity;
- minimum time per transaction (to allow for real-time rates to push through upon deciding to transact);
- and less spreading (to easily pair up with top currencies and fiats).
CEX.IO proves to be quite the elite crypto trading platform, thanks to its competitive strategies and difference price plants that target different demographics of investors – from market makers up to the traders.
Changelly is the perfect crypto trading platform for you if you’re all about anonymity on the internet. Disclosing one’s identity on the internet can prove to be quite the troublemaker. That’s why Changelly allows for the exchange of digital assets with only an email. No need for government issued IDs anymore.
Changelly has managed to take on a global market, allowing for quite an array of options when it comes to buying, selling, and trading cryptocurrencies. They also offer a widget to make tracking and moving assets around a lot easier, as it can also work with third party applications to make conversions easier. But what people really like about it is the fact that its investors have full freedom when it comes to transacting, as Changelly offers zero maximum and minimum limits. With their intuitive and UI friendly desktop website and their just as high-class mobile apps, its easier to trade anytime and anywhere you need to.
Make getting a secured connection a top priority.
With all these crypto trading platforms in tow, we wouldn’t be too surprised to see you succeed in this endeavor. But of course, what would make everything extra secure would be to avail a trustworthy internet service provider. You should choose the one that not only can ensure your data privacy is kept in good hands.
Worry no more! Streamtech, the Philippines’ newest wave in fiber internet, will do it for you! Apart from high speed, unlimited internet, they also give unwavering support to their customers.