Nowadays, it is quite profitable to invest your hard-earned money in cryptocurrencies like Bitcoin, Litecoin, Ethereum, etc. Due to various scams, many people do not want to invest in digital currencies. With the advancement of technology, the crypto trading has become safe and secure because of the exchange platforms’ availability. You not only buy or sell virtual currencies but also trade them in the best available rate.
There are different exchanges, and many people are still not aware of them. It is essential to choose the best and secure platform for transacting your hard-earned money in cryptocurrencies. On the other hand, storage for your digital currencies should be secure and safe. In the following write-up, we will discuss some of the best crypto exchanges of 2020. You can have cryptoengine and a secure wallet for storing and transferring funds from one account to other
The platform was introduced in 2012 and is legal to use in more than 40 countries and territories across the globe. There are a lot of options in digital currencies, and one can trade any of them. The application interface is quite easy, and even a beginner can also learn and operate it. There are high liquidity and security that it is quite hard to breach.
If you are using the Pro platform, then you may have to spend a lot more than the basic one. It is not possible to manage the wallet keys, but there is no compromise in your funds’ security. Any investor or trader can invest their money by using custodial wallets to ensure your digital currencies.
It is a fantastic service system to transfer money from one wallet to another. The application not only transfers cryptocurrencies but also deals with paying bills, online shopping, etc. It works like you have a bank account with debit cards. One can easily withdraw digital currencies like Bitcoin by operating the easy-to-use user interface. A beginner can also understand the concept and transfer money from one account to another.
If you use your credit card, then you have to pay a 3% extra charge while sending money. A limit is set, and you cannot send or receive beyond that limit in 24 hours. It is possible to invest in ETFs, stocks, and virtual currencies without compromising any good deal. Make sure that you do have the private key to access your wallet.
This exchange platform was introduced in 2017, which deals with more than 600 crypto trading pairs. The operating fees are also less as compared to other platforms. If you are an expert trader or investor, then you must use this application to secure and secure funds. In some states of the United States, this platform is illegal to use.
The crypto trading volume of Binance is quite significant as compared to others. You can choose and buy virtual currencies by using credit or debit cards. More than 20 fiat currencies are also available on this platform to purchase the funds. You can deal with more than 150 cryptocurrencies and trade them according to your preference.
If you want to access your account for free to check the details of your account’s status, you must prefer the Bisq exchange platform. It is a perfect non-KYC and decentralized application that provides more than 26 payment options and works amazingly on iOS and Android.
There is no surety of the transaction speed because it may vary according to different payment modes. On the other hand, there are low trading volumes and is not suitable for active trading. Even if you are not trading, it is possible to access other account details.
Well, it can be dangerous sometimes, as one can easily extract your vital information. But sometimes, it is crucial to know such details so that the user can be informed about certain activities happening in his account. Any person without any ID proof cannot use this platform. The transaction rate is quite low, along with less speed. Well, it depends on your priority to choose this application for crypto trading.
It was introduced in 2017 to allow users to purchase or sell the assets to gain huge profits. It is possible to trade on this exchange without any limit. There is less scope of losses because a user will stay updated with the new rates of cryptocurrencies. You can manage to trade in various digital currencies in low transaction fees. The trade volume is 30 days, and every user can access the BNS balance in his wallet. There are 11 levels of payment and a range of fees.
It is a Singapore-based exchange platform, which was introduced in 2018. It was included in the global markets to increase the profits and growth of their business projects. Every time, the platform buys and burns the token every quarter. It helps in decreasing the supply of the token from the value of 1 billion to 100 million.
They have recently added the currency of Vietnam has a fiat for lending, testing, and providing interest for trading. There is a massive benefit of using the platform if any investor or investor wants to earn huge profits on his investment.
7. Delta Exchange
It is another fantastic exchange platform that supports Bitcoin and the other 19 digital currencies. There is leverage of 100x and is focusing more on altcoin. Big offices of this application are in Singapore and India. Many reputed entrepreneurs have their back to enhance and promote this platform to the next level.
The Bottom Line
In 2020, there are many crypto exchange platforms for secure and safe trading, but we have covered a few of them. But, no doubt, these above-listed applications work well in trading your assets effectively. It is quite necessary to know all the details of the platform before investing your hard-earned money. You must transfer digital currencies via a safe network without any risk of the security breach.