What are the most popular crypto exchanges? Are you missing out on the best?
When it comes to crypto exchanges, there are a lot of options out there. You need to choose the one that works best for you. To do this, you need to know what you want. Do you want to be able to exchange cryptocurrency for fiat currency? Do you want a specific crypto trading pair?
Knowing what you want will help you to choose the right cryptocurrency exchange for your needs. We’ve created a list of some of the most popular crypto exchanges to help you find the best crypto exchange for you.
The best things to consider when choosing a cryptocurrency exchange that’s right for you are safety and security, exchange volume, and exchange fees. For example, ideally, you would want an exchange that is high in volume but low in fees. It’s also important to know that not all crypto exchanges are available in every country and some countries may have restrictions on what you can access on an exchange, these factors alone may be an instant deciding factor for you against a particular exchange.
Let’s dig in!
Popular Crypto Exchanges: Crypto-to-Crypto Trading
In a crypto-to-crypto exchange, all trading pairs are between cryptocurrencies. You cannot exchange fiat currency directly for crypto. Crypto-to-crypto exchanges include Binance, Huobi, and Bittrex.
If you want to be able to exchange, say, the US dollar directly for cryptocurrency, then none of these exchanges is the right one for you. But if you already own some cryptocurrency, and you just want to trade between cryptos, these popular crypto exchanges will do just the trick. (Just make sure the exchange supports the crypto trading pair you want to make!).
Binance