There is a growing interest in the crypto niche, and it isn’t centered only on the first one currency anymore. The Crypto industry continues its quick development, and the total number of virtual coins existing today has exceeded the 3000 marks. So the word “cryptocurrency” is no longer synonymous with the word “Bitcoin”.
The main goal of creating a new digital asset for developers is to make an independent payment network for quick and secure monetary transfers. Any person who has recently discovered the crypto world and is unfamiliar with the subtleties of this area wants to know two things: how to buy crypto and what exchange is the best for it.
That’s why we made this list of 10 top cryptocurrency exchanges: this manual will tell you about the best exchange services, their advantages, and disadvantages. So if you want to invest in digital currencies, don’t waste your time and turn to the list below!
This is one of the most famous crypto-swapping services that offers its users a mechanism of fixed rates, that protects them from market fluctuation risks during the exchange process. When a client receives final figures, the service integrates a small reserve inside the exchange rate to keep them fixed. An application in two modifications (for Android and iOS) has recently been released, making the process of a conversation even simpler. Changelly reserves the right to request its clients for KYC verification in some instances.
This service is non-custodial, which means it doesn’t hold its clients’ deposits, and therefore they can’t be stolen. The decision of Spaceshift to adopt a full verification model prompted widespread criticism. However, the exchange continues to live and thrive. Today 29 currencies are available for swapping, and an exceptional exchange rate is offered. An average “miner” fee is about 0.5%; no additional charges are collected.
This platform is one of the best choices for any user. It offers the possibility to exchange cryptocurrencies and monitor the market value of coin pairs. The interface is quite handy, and the transactions are easy to complete because the process consists of only three easy steps. You don’t have to sign up to start trading on the platform, so you don’t need to worry about safety. Quickex provides a wide spectrum of cryptocurrency pairs available for swapping, and it doesn’t charge any extra fees. The transaction time is also really short — the average time is about 12 minutes.
The selection of digital currencies you can exchange here is not very wide in contrast to ranges offered by some other platforms, but Flyp.me is still active service. One of its most significant pros is that you don’t have to sign up to trade here, and the exchange will never ask you to pass KYC verification.
The developers of InstaEx desired to make the most user-friendly, safe, and fast swapping service for digital currencies while maintaining a competitive exchange rate. To start trading, you don’t have to enter your email, and no AML verification will ever trouble you. To date, the service supports over 150 currencies, the trading amount has no limits, and the rates are fixed.
One of the pros of the service is that you don’t have to place orders to buy or sell manually, which is possible because more than 10 exchanges are combined here, providing users with the lowest liquidity and low capitalization coins at spot price. Swapy states that it provides its users with the best of all potential exchange rates. Over 70 digital coins are available for exchange on the platform, and they are getting more and more. You can also track exchange flows to the wallet right on your screen, which is very convenient.
This is a cryptocurrency exchange and swap service where users can swap between various digital currencies instantly and buy them with bank cards through a third-party service called Mercuryo. The platform was launched two years ago and has since become quite famous. It is known as a safe place because it is non-custodial. A large selection of coins is offered here, and the website is available in a wide range of languages.
This platform has its own currency called “NOW”, which recently moved to the Binance manner. The service is very good for swapping between digital coins, but no fiat is supported. An exchange can be completed in two ways: you can use the floating rate or the fixed-rate mechanism. ChangeNOW keeps the right to ask its clients to pass KYC verification, if necessary, temporarily freezing suspicious transactions.
On this platform, users can choose between 2 ways of exchange offered by the service: fixed-rate exchange and the one with no limits. The website is easy to use, so the exchange process is quite simple and convenient. The service supports over 250 tokens, and new coins are continuously added. You can contact the support team at any time of the day and any day of the week. SimpleSwap also provides the affiliate program with a 90% share of the proceeds mechanism to crypto services that want to reach a wider audience and adopt new exchange options.
The platform creators firmly believe in the innovative capacity of electronic money and blockchain technology. They claim that they aim to break down the barriers to personal finance and introduce traditional financial products into the modern world. Bitpanda allows you to swap between digital currencies momentarily. It is quite handy, secure, and limit free. The exchange was launched six years ago in Vienna, and it has expanded to an excellent swapping service where one million people are trading BTC, ETH, gold, and more than 30 different digital assets.
Now you are ready to step out into the crypto world. Choose the exchange, which is most convenient for you personally and trade wisely. Good luck!