In recent years, I have often seen people being scammed by mistakenly choosing fake platforms when investing in cryptocurrencies. Therefore, I have compiled some reliable cryptocurrency exchanges , hoping that similar things will not happen again.
1.Huobi
It was originally the most popular cryptocurrency exchange in China, but as the China government tightened restrictions on cryptocurrencies, it shifted its main business scope overseas.
Huobi provides nearly 400 cryptocurrencies for investment, with an average daily trading volume of up to $5.1 billion. It has its own cryptocurrency: Huobi (HT).
There is a risk fund inside. If the platform is compromised by hackers and the customer suffers losses, the fund will be used to compensate the customer.
Huobi's official website:
https://www.huobi.com/en-us/- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2. Binance
As the cryptocurrency exchange with the largest trading volume on the market today, the average daily trading volume can reach 5.4 billion US dollars.
Binance provides nearly 400 cryptocurrencies for investment, with the leverage up to 125 times, but please use it carefully according to your personal situation!
It has been attacked by hackers before(no customers were victimized at the time), so now its users have related insurance and can be compensated when their rights are damaged due to the invasion.
Binance's official website:
https://www.binance.com/enRemarks: 7/14 is the third anniversary of Binance, and there will be a promotional event of 20% lifetime fee reduction. Anyone interested can visit this website:
https://medium.com/@ryan19850322/d79830abe039- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3. OKEx
OKEx is one of the world's largest cryptocurrency exchanges, it's average daily trading volume could reach 1.78 billion US dollars.
There are 385 cryptocurrencies available for investment on the platform, and up to 100 times leverage can be used, but please use leverage carefully according to your personal circumstances.
There is a page on its official website that teachs some knowledge about cryptocurrencies.
OKEx's official website:
https://www.okex.com/- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4. Coinbase
Coinbase is the first pioneer to provide cryptocurrency trading services, it's main business direction is to comply with local regulatory regulations.
By that means, Coinbase successfully gain the European, American, and Asian markets, even Japan,well known for it's strict regulations on cryptocurrencies, allows Coinbase to enter its market.
Coinbase supports less cryptocurrencies than other exchanges, there are only about 60 options available for investment, and the average daily trading volume can reach 300 million US dollars.
Coinbase also have cooperated with Visa to launch Coinbase Card, which can be added to Goole Pay, can use cryptocurrency to purchase daily necessities in 14 European countries, including the United Kingdom,which also shows that its security has been recognized by Google.
At the same time, Coinbase also has a remarkable performance in the blockchain. In February this year, it was selected as the Fortune 50 blockchain. Others included in the list include Microsoft, Apple, Amazon, IBM, Microsoft, etc.
Forbes' list of top 50 blockchains:
https://www.forbes.com/sites/michaeldelcastillo/2020/02/19/blockchain-50/?fbclid=IwAR1_YM8HiG6iVUwr8rstgcOpc2m5ZTtACaefV7iDLrqLxNhlRCrLlV54M44#14e656817553Coinbase's official website:
https://www.coinbase.com/- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5.BitMEX
Unlike other exchanges, BitMEX provides bitcoin "futures" trading, with an average daily trading volume of up to 3 billion US dollars, far exceeding the Chicago Currency Exchange's cryptocurrency futures trading volume.
There is a 0.025% feedback on the pending order itself. When you place an order (an order that cannot be transacted immediately), you will get 0.025% of the rebate.If you buy immediately, you will need to pay a handling fee of 0.075%.
It should be noted that the platform's own withdrawals, deposits and contract settlement only support Bitcoin.
BitMEX's official website:
https://www.bitmex.com/ are great, I use them for more than 2 years now and didn’t had any issues. I also use
, and they are pretty good also. On all exchanges you need to read a lot about their fees before depositing, trading, withdrawing, etc. because they have different fees for the different services. I also use another tool called