Cryptocurrency, what are the best cryptocurrency platforms?

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Before entering the cryptocurrency industry, you must first identify the assets you want to invest in. So you need to find a safe and reliable cryptocurrency exchange. Of course, you need to make sure that the latter supports the digital assets that interest us. However, the best cryptocurrency exchanges at the moment are: Binance, FTX, Coinbase, Kraken, and Gate.io.

binance

On July 23, the Kinghand account tweeted an image showing the top 5 cryptocurrency exchanges currently in existence. At the top of the list is Binance with nearly $ 15 billion in 24-hour trading volume. However, the platform was founded in Hong Kong in 2017 and is regularly used for altcoin trading. It contains over 500 cryptocurrencies and virtual tokens that you can switch between. It offers users a wallet to store their cryptocurrencies.

FTX

Cryptocurrency exchange FTX has recorded a trading volume of over $ 2 billion in the past 24 hours. It was founded in 2019 by Sam Bankman-Fried, a former Wall Street professional trader. It allows you to trade cryptocurrencies and invest in tokenized stocks like Netflix, Tesla, PayPal, Apple, Google, etc. You can trade leverage and futures here. The exchange has its own token called FTT.

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coin base

This exchange has an active trading volume of over $ 1.7 billion. It was founded in June 2012 by Brian Armstrong and Fred Ehrsam. On this platform you can easily trade, buy, sell and store the most popular cryptocurrencies. The exchange is popular due to its user-friendly interface, security, and fast payment methods. It is available in over 190 countries and is recommended for beginners.

octopus

Kraken is an exchange with over $ 653 million in trading volume where you can buy or sell over a hundred cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE). The platform offers futures and margin accounts. It was founded in San Francisco in 2011. Today it is available in several countries. Users include beginners, professionals, experts, individuals and institutions.

Tor.io

The trading volume on this cryptocurrency exchange is over $ 1.16 billion per day. Originally from the USA, it was introduced in 2013. Gate.io is a cryptocurrency platform that does not allow deposits in fiat currency. Therefore, deposits can only be made in cryptocurrencies. At first glance, the exchange is more suited to professional investors than beginners. It supports around 655 tokens or cryptocurrencies.

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Investors should always take the time to study the market before investing their money. This rule is even more applicable in the cryptocurrency industry. In general, once you have found an asset you want to invest in, you can start with Binance, FTX, Coinbase, Kraken or Gate.io.

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