There are numerous platforms that you can choose from. Having a list of cryptocurrency exchanges can make it easier for you to know about your options and discern which of the available platforms is best for you.
As a new crypto investor or trader, it is crucial to be mindful of which platforms offer features and services match your trading criteria and requirement. Your research for a good and suitable platform can be molded based on what you are looking for.
For instance, if you want to opt for a platform from the cryptocurrency exchanges list that supports Bitcoin then you need to know about the options mentioned below in detail.
List of Cryptocurrency Exchanges – Bybit
Undoubtedly one of the top names in any list is that of Bybit. This crypto platform is one of the most popular ones among crypto traders, thanks to the high-end features and services it offers.
It certainly supports Bitcoin but the number of digital assets available is limited. Apart from Bitcoin, this trading platform, also only accepts:
- Ethereum
- EOS
- Ripple
This is a peer-to-peer (P2P) crypto trading platform that was established in 2018 in Singapore. Since then, it has become one of the top trading platforms and supports leverage trading, offering one of the highest leverages (up to 100x).
The user-interface of the crypto exchange is also beginner-friendly, making it a highly suitable option for experienced and inexperienced traders alike. It also supports a custom-made mobile application that comes loaded with various features and services.
The impressive customer support services offered by Bybit is one of its most prominent points and also one of several reasons why it is in this list of cryptocurrency exchanges.
Another crucial feature that has recently grabbed the attention of an even larger audience and that feature is the copy trading feature. With the help of this feature, new traders or those who have a demanding schedule can trade digital assets by automatically copying the trades of experienced traders.
Binance
Another prominent name that is an undeniable mention in this cryptocurrency exchanges list is Binance. This is the world’s largest cryptocurrency exchange and offers more than just an impressively high trading volume.
This was established in 2017 and is now a go-to trading platform for a vast audience. It has several accolades, which includes the support it extends to more than 400 different trading pairs, including BTC.
It offers an impressively high level of security, which is ensured by the implementation of leading-edge security protocols such as:
- Biometric logins
- A.I. monitoring
- Two-factor authentication login
- Forensics monitoring
The user interface of the platform is also designed in a way that makes it easier for new and experienced traders alike. The trading interface is categorized for experienced and inexperienced traders as Classic and Advanced, accordingly.
The fee structure of the Binance exchange is also transparent and one of the lowest in the industry. Other impressive features that place Binance in this list of cryptocurrency exchanges are:
- Crypto staking
- Support for several payment methods
- High liquidity
Phemex
This cryptocurrency exchanges list would be incomplete without adding Phemex in it. This is one of the latest BTC derivatives exchanges and has made a name for itself in the crypto industry.
One of the most prominent aspects of the trading platform is that it is a community-focused platform. This means that the platform adjusts its available features according to the feedback given by the community. One of the examples is the addition of LINK/USD trading pairs, as per the feedback of the trading community.
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Phemex is also a prominent name in this list of cryptocurrency exchanges because it charges a low fee structure that is free from any kind of hidden or additional charges.
Apart from Bitcoin, other crypto derivatives it supports are mentioned as follows:
- ChainLink/US Dollar
- Ethereum/US Dollar
- Gold/US Dollar
- Litecoin/US Dollar
- Tezos/US Dollar
- XRP/US Dollar
Among other high-end features and services it offers to the users, some of the most important ones are mentioned below:
- The users can create several sub-accounts on Phemex.
- The variety of cryptocurrencies supported is impressive.
- The users are not required to complete any KYC (know your customer) verification.
- This trading platform supports various order types that include both basic and advanced ones.
- The user interface of the exchange is modular and beginner-friendly.
- This exchange also supports leverage trading and offers one of the highest leverages (up to 100x).
Another major attribute that puts Phemex in this list of cryptocurrency exchanges is the support it extends to all trading styles. The types of trading styles supported by an exchange are:
- Scalping
- Long-term trading
- Algorithmic trading
- Hedging
- High-volume trading
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