Best Crypto Exchanges List of September 2022 | Here Are Some Tips to Get Started

2022/10/07By: C, Fiona

It is on crypto exchanges where buyers and sellers can transact in various cryptocurrencies. They are essential for the current volume of cryptocurrency trading. The most affordable and fastest services can be found on certain markets, while specialist financial instruments are available from others.

Discover which cryptocurrency exchange is best for you, how it operates, and which cryptocurrency you should invest in by reading on.

Our Picks for the Best Crypto Exchanges

 

BTCC APP DOWNLOAD

Download App for Android Download App for iOS

1. Binance.US : The Best For Low Fees

PROS

  • Highly-Recommended Superior Cybersecurity Infrastructure
  • Fees are minimal if deposits are made in cash.
  • Technically superior data charts and financial charts

CONS

  • It is not possible to use a credit card to make a purchase right now.
  • Certain service limitations apply to specific US states.

 

We found that Binance.US offered one of the most competitive fee structures among all of the exchanges we researched, therefore we went with it as our top pick.

Binance is the largest cryptocurrency exchange in the world in terms of trading volume, and its U.S. counterpart, Binance.US, provides many of the same benefits as its Chinese counterpart. Its competitive maker/taker charge structure (the highest possible fee is only 0.1% of the whole transaction) is one of its many strengths. Your trading volume will determine the rate you pay, however it starts low and goes down from there.

One of the most widely used utility tokens, Build and Build (BNB), can be used to get a discount when buying and selling other coins on Binance.US.

There are more than 120 different cryptocurrencies available for purchase using USD on the exchange, meaning that users may avoid costly currency conversion costs while buying cryptocurrency. Advanced users can profit from the platform’s extensive market dashboards, margin trading, and various order types such limit orders, market orders, and stop limit orders, as well as from the platform’s wide range of discounts and purchase options.

Hawai’i, New York, Texas, and Vermont do not have access to US.

 

 

2. Crypto.com: The Most Security-Worthy Platform

 

PROS

  • The Best Cybersecurity Infrastructure
  • Fees are minimal if deposits are made in cash.
  • Plenty of different crypto assets to choose from

 

CONS

  • The high cost of using plastic for purchasing
  • The United States does not have access to all services.
  • No alternatives for direct crypto-to-crypto trading

 

Crypto.com’s numerous safeguards against crypto fraud and cyberattacks led us to conclude that it is the most secure cryptocurrency exchange overall.

Crypto.com stands out from the crowd because of its exceptional security measures, which are standard at most respectable cryptocurrency exchanges. According to the Cybersecurity Ranking and CERtification Platform, the exchange has the best cybersecurity ranking among the top 100 exchanges.

Crypto.com uses multiple measures, including as offline cold storage for all cryptocurrency, a regulated custodian bank account for fiat cash, and routine software peer-review, to protect its users’ cryptocurrency holdings on its trading platform. Password, biometric, email, phone, and authenticator verification are all included into the system to create a robust multi-factor id system.

Furthermore, the platform has demonstrated its financial stability over time and has passed multiple penetration tests, which are simulations of cyberattacks used to evaluate system security.

Crypto.com’s security is just one of the many selling points. Among the businesses we researched, this exchange provided the most variety of coins (over 250).

It also offers margin trading, prepaid Visa cards that can be used to spend crypto, crypto loans, and a non-custodial wallet called DeFi that allows users to move crypto at their preferred speed and earn interest on tokens.

 

BTCC APP DOWNLOAD

Download App for Android Download App for iOS

3. Coinbase: The User-Friendly Platform

 

PROS

  • Friendly, straightforward layout and simple checkout procedure
  • An extensive selection of instructional resources
  • Numerous distinct digital currency options

CONS

  • Fees that are significantly increased
  • Pricing structure complexity

 

To get started with cryptocurrency, we recommend using Coinbase due to its user-friendly design, wealth of resources covering topics from blockchain to volatility, and solid security measures.

Anyone who has heard of cryptocurrency has probably heard of Coinbase. Many people saw the exchange’s public launch last year as a validation of the cryptocurrency market because it is one of the largest and most well-known in the United States.

Because of its simple onboarding procedure, Coinbase makes investment in cryptocurrency accessible to a wide range of people. Additionally, the platform’s user-friendly design makes crypto management a breeze.

You may also find a wide selection of helpful guides and tutorials on Coinbase. Coinbase’s Earn program incentivizes users to put these tools to use by providing training in cryptocurrency trading in exchange for free digital currency.

Last but not least, we should talk about the security measures used by the exchange: Coinbase has a $250,000 insurance policy for custodial accounts, supports two-factor verification across all platforms, and stores 98% of customer crypto offline (in line with per-depositor FDIC coverage limits). Coinbase’s security features are one reason why using the service is worthwhile, despite the higher costs.

If you like Coinbase but wish it had more sophisticated trading and charting options, you might want to check out Coinbase Pro, the company’s second exchange platform.

BTCC APP DOWNLOAD

Download App for Android Download App for iOS

4. BlockFi:  The Best Way to Accrue Interest

PROS

  • Get paid interest on your cryptocurrency holdings every month.
  • Institutionalized, based, and governed within the United States
  • There are no sales commissions or membership fees

CONS

  • Products available can differ greatly from one state to another.
  • There are restrictions on making withdrawals from interest accounts.

 

Because its users can borrow funds against their Bitcoin holdings and earn interest on their cryptocurrency holdings, BlockFi was our top pick for the best crypto exchange to earn interest.

In contrast to the majority of cryptocurrency exchanges that provide incentives for heavy trading, BlockFi has developed financial alternatives for more cautious investors.

One of the most attractive features of this exchange is the BlockFi Interest Account, which pays up to 9.5% APY in the form of compound interest every month on cryptocurrency holdings. Customers can use their Bitcoin holdings as collateral to secure a loan through the site.

BlockFi provides not just cutting-edge banking services but also low fees and top-notch security. Trades on the exchange are free of transaction costs but subject to spread fees and withdrawal fees. BlockFi employs measures like two-factor authentication and allowlisting, the latter of which enables users to prohibit withdrawals or restrict them to specific locations, to protect your data safe from theft.

Important considerations for consumers of decentralized finance (DeFi) products and services like BlockFi include technology, asset, and regulatory compliance concerns.

 

5. BTCC: Best for Futures Trading

PROS

  • Largest variety of futures: Daily, weekly, quarterly&perpetual
  • Flexible leverage from 10x to 150x
  • Lowest trading fees 0.03%
  • Industry-leadingmarket liquidity
  • Plenty of campaigns to win exciting rewards

 

CONS

  • Advanced functionalities limited to supported cryptocurrencies
  • More centralized than other competing platforms

 

When it comes to buying and selling bitcoin futures, one of the best places to go is the BTCC cryptocurrency exchange. BTCC has founded since June of 2011 and provides traders with a variety of options for tradingcryptocurrency derivatives and futures contracts.

BTCC is a cryptocurrency exchange established in 2011 and headquartered in London, UK. We are the longest running cryptocurrency exchange in the world!

We specializes in cryptocurrency contract trading, offering demo trading, day contracts, weekly contracts, and perpetual contracts, so anyone who is a cryptocurrency investor can meet their trading needs through BTCC.

 

 

With the addition of this new product type, BTCC now offers four broad classes of crypto futures: daily, weekly, perpetual, and the newly-added quarterly futures. The versatility in product types allows users to choose and trade futures that best suit their needs and goals.

The launch of these 19 quarterly futures marks the beginning of BTCC’s expansion of crypto product offerings. As BTCC is celebrating its 11th anniversary this year, the exchange is looking to introduce more products to meet the rising demands of its users worldwide.

 

BTCC APP DOWNLOAD

Download App for Android Download App for iOS

BTCC FAQs

Is BTCC safe?

Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.

Is it possible for me to invest in BTCC?

Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.

Can I Trade BTCC in the U.S?

Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.

Register now to begin your crypto journey

Download the BTCC app via App Store or Google Play

Follow us

Scan to download