Crypto Exchanges
Among all the crypto exchanges out there, it’s important to find the right one to entrust with your hard earned money and crypto. Do not fall for the shady exchanges, make sure you know who you are dealing with.
Binance
Binance is worlds largest crypto exchange and in our opinion one of the best crypto exchanges available right now. Reliable, trustworthy, with high liquidity and some of the industries lowest fees. They offer features such as margin trading, lending, staking, savings and much more, including plenty of fiat-crypto trading pairs.
It is the ideal exchange for anyone who wants more advanced charting than most other exchanges. The features, charting abilities, and data that come with your account are truly impressive.
Overall fast bank account withdrawals, while EU customers can actually use “Instant SEPA” for immediate withdrawals.
They also offer a free Visa debit card for converting and spending your chosen cryptocurrencies “on the go”, with an extremely generous cashback program (up to 8% in BNB). You can also use it to instantly withdraw fiat at your local ATM (daily ATM limits apply).
The founder and CEO of Binance Changpeng Zhao (CZ) is very respected, influential and active in the crypto community.
Due to the US laws, US costumers must use the sister site Binance.us (with somewhat limited features)
Trading fees: Base fee is 0.1% for the taker side and 0.1% for the maker side. This further scales down with trade volume. Using Binance’s native cryptocurrency BNB to pay the fees lowers the fees by additional 25%, no matter the volume.
Coins: 360+
Markets: 1250+
Fiat Support: Yes, 40+ currencies
Year Established: 2017
Location: Cayman Islands
Pros
Large variety of cryptocurrencies and trading pairs
Very low fees
High liquidity
Industry leader
Fast fiat withdrawals
Free Visa debit card
Advanced charts
Great two-factor authentication (incl. Yubikey)
Ability to stake and earn crypto yields
Plenty of fiat trading pairs
Cons
The main site (.com) does not serve US residents (compliant with US laws)
7 U.S. states, including New York and Texas, are not supported by Binance US
KuCoin
The KuCoin Exchange opened for cryptocurrency trading in September 2017 and is currently headquartered in Seychelles (initially Singapore, China). They offer features such as margin trading, lending, and staking. Their user interface is very similar to that of Binance.
KuCoin has more than five million registered users, in over 100 countries. In November 2018 they officially partnered with IDG Capital and Matrix Partners.
Trading fees: Base fee is 0.1% for the maker side and 0.1% for the taker side. This further scales down with trade volume or KCS holdings. Using KuCoin’s native cryptocurrency KCS to pay the fees lowers the fees by additional 20%, no matter the volume.
Coins: 350+
Markets: 790+
Fiat Support: No
Year Established: 2014
Location: Seychelles
Pros
Large variety of cryptocurrencies
Decent variety of trading pairs
Very low fees
Anonymous trading
Ability to stake and earn crypto yields
Cons
No fiat trading pairs
Poloniex
Poloniex is another global crypto-to-crypto exchange currently headquartered in Seychelles (initially operated from the US). It’s been operating since 2014 and offers features such as margin trading, lending, and staking.
Trading fees: Base fee is 0.1450% for the maker side and 0.1550% for the taker side. This further scales down with trade volume. Using Tron (TRX) cryptocurrency to pay the fees lowers the fees by additional 30%, no matter the volume.
Coins: 180+
Markets: 330+
Fiat Support: No
Year established: 2014
Location: Seychelles
Pros
Decent amount of cryptocurrencies
Low fees
Ability to stake and earn crypto yields
Cons
Could use more trading pairs
Lower trading volume
No fiat trading pairs
Please know that while we may use affiliate or partner links when available, this does not by any means affect our judgement. We only suggest the products and services we truly believe in and use ourselves, and we will always advocate for and promote use of the better product or service, no matter the affiliation or partnership.
