Crypto, what are the best cryptocurrency platforms?

Before entering the cryptocurrency industry, you need to start by identifying the assets to invest in. Hence, you need to find a safe and reliable cryptocurrency exchange. Obviously it will be necessary to verify that the latter supports the digital assets we are interested in. That said, the best cryptocurrency exchanges currently are: Binance, FTX, Coinbase, Kraken, and Gate.io.

Binance

On July 23, the Kinghand account posted on Twitter an image showing the 5 largest cryptocurrency exchanges currently. At the top of the list is Binance, with a 24-hour trading volume of nearly $ 15 billion. That said, the platform was created in Hong Kong in 2017 and is regularly used to trade altcoins. It brings together more than 500 cryptocurrencies and virtual tokens that you can exchange with each other. It offers users a wallet to store their cryptocurrencies.

FTX

The FTX cryptocurrency exchange has a total trading volume of over $ 2 billion in the past 24 hours. It was launched in 2019 by Sam Bankman-Fried, a former Wall Street professional trader. It allows cryptocurrency trading and tokenized stock investment such as Netflix, Tesla, PayPal, Apple, Google, etc. You can trade it using leverage and futures. The exchange has its own token which is called FTT.

Coinbase

This exchange has a trading volume of over $ 1.7 billion to its credit. 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 common cryptocurrencies. The exchange is popular for its user-friendly interface, security, and fast payment methods. Available in over 190 countries, it is recommended for inexperienced investors.

kraken

With a trading volume of over $ 653 million, Kraken is an exchange 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 2011 in San Francisco. Today it is available in several countries. Among its users are beginners, professionals, experts, individuals and institutions.

Gate.io

This cryptocurrency exchange records a trading volume of over $ 1.16 billion in 24 hours. Originally from the United States, it was launched in 2013. Gate.io is a cryptocurrency platform on which fiat currency deposits are not allowed. Therefore, you can only make deposits in cryptocurrencies. At first glance, the exchange is more suited to professional investors than beginners. It supports around 655 tokens or cryptocurrencies.

Investors should always take the time to analyze a market before investing their money in it. This rule is even more valid in the cryptocurrency industry. All in all, once you have found the asset to invest in, you can get started on Binance, FTX, Coinbase, Kraken or Gate.io.

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