There are several popular crypto exchanges in the market. However, if you are new to the crypto space then you should have more detailed information so you can choose an exchange that is according to your requirements and most suitable for you.
In order to find such a platform, you first need to know your options. Knowing about some of the most popular crypto exchanges will help you get a good understanding regarding the options that are available. You can then filter out based on the quality of services and features they offer.
Therefore, if you are interested in looking for a good crypto exchange then here are some details you should know about your popular options.
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Popular Crypto Exchanges – Bybit
Bybit is one of the most well-known exchanges in the crypto market and is at the top of the list of several crypto investors and traders. This exchange not only offers a good number of features but the quality of the services offered is also quite impressive.
The Bybit exchange is a peer-to-peer trading platform that was established in 2018. Since then it has grown into one of the most prominent options for novice and experienced parties all around the globe. It is known for charging one of the lowest fees in the crypto market and ensuring that all interested parties have an easy and convenient experience of buying, selling or trading digital assets.
- Here are some features you should know about that place Bybit in the list of top 10 crypto exchanges.
- Follows the market maker and taker fee structure, according to which the maker fee is -0.025% and the taker fee is 0.075%.
- It offers remarkable customer support services as there is a team of professionals available to assist the users around the clock.
- It also offers impressive sign-up bonuses to the users.
- It has a user-friendly interface, which makes it a suitable option for many crypto traders and investors, especially the beginners.
- Unlike some of its competition in the market, Bybit offers high liquidity. This is one of several reasons why it is one of the popular crypto exchanges.
- Apart from a good user experience, it also offers incredible mobile support, which is what many crypto traders look for. The mobile application makes it easy for people to keep an eye on their positions, open and close them and trade while on the go.
Another one of the most popular crypto exchanges is the Binance exchange. One of the main reasons for its popularity is that it is the largest crypto exchange in the world. It was established in 2017 and is now the go-to platform for a wide range of crypto traders. This platform is a centralized exchange and offers incredible services and features.
Binance is indeed at the top of the list of popular crypto exchanges and here are some of the reasons why.
- Unlike a wide range of other cryptocurrency exchanges, Binance is an insured exchange.
- It has an impressive reputation and is considered to be one of the most trustworthy platforms in the market.
- It also offers a high liquidity, which is an appealing factor for many.
- It is known for charging one of the lowest trading fees and also follows the maker and taker model (0.02% to 0.1% maker free and 0.04% to 0.1% taker fee).
- It has an impressive customer service as well, that makes it stand out among its competition.
- It has a fast trading interface, which is yet another highlighting factor that places it high in the exchange list.
Among the most popular crypto exchanges, one very well-known name that you should also know about is Prime XBT. As compared to many cryptocurrency exchanges, this platform is relatively new and was established in 2018. It has now significantly grown and become one of the top 10 exchanges in the market.
PrimeXBT has a customer-centric business model and caters to the needs of all enthusiasts. Here is why this exchange is one of the popular exchanges in the market.
- It charges one of the lowest and most competitive fees in the market.
- It offers up to 100x leverage on the digital assets available on the platform.
- As a user, you can choose from a wide array of asset classes and trade.
- The exchange offers ultra-fast execution of trades.
- It has an extremely user-friendly interface that makes it a suitable option for beginners, intermediate and expert traders.
People who are new to the space can find it difficult to look for an exchange that is suitable for them and according to their needs. Therefore, it is helpful and important that you know about the popular exchanges. If you have an idea regarding your options, you can compare and analyze and make an informed decision.