The crypto trading platforms have now become more prevalent as a result of the increasing number of investors. As cryptocurrency has maintained its reputation of being a new trend and advisable way of investing, several individuals across the world have shown keen interest in this new technology. This has now made it difficult when it comes to selection and also for making a choice on the sites that users want to utilize. Below are the top 7 crypto trading platforms.
From a financial perspective, Binance is regarded as one of the largest digital currency exchange services in the globe that also provides a platform for trading nearly 200 different cryptocurrencies. The platform has also viewed a significant increase in it being founded in 2017. As of 2021, Binance has now become one of the largest cryptocurrency trading exchanges at nearly 1.2 Billion daily volume and 1.4 Million transactions per second.
Being a mobile trading application for iOS and Android devices, it is highly intuitive, easy to use, runs smooth and performs all the basic functions expected of a trading app. The application also includes live Bitcoin and crypto prices. It also has the ability for executing orders, managing all digital assets, view P&L and search trade history. It is also one of the best platforms for Cryptocurrency in Pakistan.
As a digital currency, Coinbase is widely regarded as a very safe and reputable crypto exchange that has been trusted by various customers across the world including the USA. The exchange is also popular for buying as well as selling cryptocurrency, managing a portfolio, regular buys, a mobile application for the purpose of monitoring the market, earning crypto and a secure wallet for storing assets that have been purchased on a specific platform.
The platform also provides a highly advanced and professional trading exchange called Coinbase Pro. This is highly beneficial for intermediate cryptocurrency traders. The exchange provides that have been looking to trade various digital currencies on a secure and insurance-backed platform and also supporting debit cards as payment. It is one of the most reliable cryptocurrency trading platforms in the cryptocurrency market.
Phemex is one of the best trading platforms when it comes to cryptocurrency exchanges that are available for users worldwide to trade perpetual contracts such as BTCUSD, ETHUSD, XRPUSD, LTCUSD, XTZUSD and LINKUSD with up to 100x leverage. This derivatives platform has also gained increasing levels of popularity and is currently ranked #6 for daily volume on the cryptocurrency exchange. It is well-known for its premium members that have used the mobile trading app. There is a membership pricing for unlocking no fee spot trading.
FTX is regarded as the most prominent and well-known cryptocurrency derivatives exchange built by traders. The platform directly differentiates itself from its competitors as it provides a wide variety of indices as well as leveraged tokens that could well be traded on the options or futures market. FTX is known for creating the world’s first-ever cryptocurrency index futures that provide potential users to capitalize on the fluctuation of a specific index through the means of a future contract. Index futures could also be directly traded in the FTX exchange platform. It is also good for cryptocurrency trading in Pakistan.
eToro is a financial brokerage that focuses on providing investment and financial trading platforms for various markets across the world including Crypto, ETFs, Stocks, Indices, Commodities and Forex. This is highly suitable for beginners that require investment in various cryptocurrencies through the use of a very powerful and user-friendly trading platform. eToro also makes it simple to trade some of the best altcoins and digital currencies with leverage. They can also practice trade through the use of a portfolio. It is indeed one of the best cryptocurrency trading platforms.
Getting started is also relatively simpler through the use of an intuitive trading interface that comprises real-time crypto market research, advanced trading features and also risk management tools as well as a social network feed to copy-trade some of the most profitable crypto traders.
Bybit is a derivative based exchange platform that has been specifically designed for providing a seamless experience to margin trade digital coins such as Bitcoin, Ethereum, EOS and XRP trading also teams up with 100x leverage. The derivatives exchange provides perpetual contracts that also follow the price of the cryptocurrency. Bybit has also directly released USDT-settled perpetual contracts that could also be traded for the exchange through high leverage.
The platform is also popular in the crypto world and has 100,000 active users. The regular trading volume for the exchange also has massive growth. It is ranked as 3rd for derivatives exchanges across the world.
A relatively new but good trading platform is Crypto.com. It is a new exchange that amassed a significantly large following with more than 1 million users for its platform. The crypto exchange also provides a highly important alternative for conventional financial services. This also makes it easier investment with Bitcoin and altcoins. Crypto.com is also known for its crypto application that provides them with the ability to buy, sell, trade, spend, store, earn, loan cash and pay bills with crypto.