With every passing year, the trend of buying/selling cryptocurrency keeps rising. When stepping into cryptocurrency trading, you can do things; either sell it to earn profit or use it to exchange one digital currency for another.
Whether you are buying/selling or exchanging cryptocurrency, you need a reliable exchange to perform the transactions. The good thing is there are plenty of them out there. Let’s say, you register on a bitcoin exchange. You can now buy bitcoins with a debit card, credit card, or bank transfer. The same thing applies to other cryptocurrencies as well.
Here are some of the best exchanges for high limit traders:
- Binance
Binance is one of the largest cryptocurrency exchange platforms in terms of trading volumes. It offers 150+ cryptocurrencies including the most popular ones like Litecoin, Bitcoin, Ethereum, and BNB.
The exchange is trusted by over 100 million people around the world. One of the main reasons behind its popularity is the high-security features. It provides two-factor authentication that allows you to perform transactions without any worries.
- Coinbase
This is yet another popular cryptocurrency exchange. It is based in the United States and was established in 2012. Today, it has operations in over 40 different states and territories.
Unlike other exchanges, Coinbase is user-friendly and provides insured custodial services. Just like Binance, Coinbase also supports many cryptocurrencies. If you opt for the Pro version, then you can use indicators and charting to trade cryptocurrency for cheaper rates.
- CoinSmart
CoinSmart is a well-known crypto exchange based in Canada. They are known to provide round-the-clock service. They follow a very comprehensive verification process that helps them to detect fake DOB or addresses.
They rely on a database provided by the different data collection agencies. The best thing about CoinSmart is that it supports multiple funding methods such as Wire Transfers, SEPA, Interac, and all cryptocurrencies. The deposit is credited to your account the same day you receiving them. Also, it processes cash withdrawal requests in less than 5 business days.
When buying/selling cryptocurrency, you must look for the best cryptocurrency exchange. Unless you find a trusted exchange, you cannot have a good trading experience. If you are new in this field, you should better pay attention to the decisions you make.
Author Bio
Dipen khatri is deeply invested in cryptocurrency and has been researching the same for many years. With years of research, he has gained immense knowledge on cryptocurrency.