What is Crypto Currency? And What will a Crypto Exchange do?
In general speaking crypto currency is called the digital cash or some people say it’s the digital gold, because of the increasing trend of using it and thousands of new commers to the market. And exchange in the other hand a company basically offer you different features to buy and sell crypto with respect to USD (United States Doller) or any other crypto currency as well.
We have explained some of the before articles, basics of technical analysis in trading.
- Crypto currency technical analysis – moving average
- Crypto currency technical analysis – exponential moving average
So, this article is about the best of our experiences of crypto exchangers and lets and we discuss in detail about each and every one.
We take the top 6 exchanges according to the coin market cap. We do a different article about coin market cap and also trading view which is a great and important tools for a person involve in crypto trading.
Binance is currenly the largest volume crypto exchange, which is over 18 billion USD of volume daily, and over 3 times larger than the send most company in the world. This is pretty much a great difference and we see why and why most of the people likes it.
My personal opinion is that the fees. Binance has the lowers recorded transaction fees and also really good interface thet even a beginner can understand and start his carrier with this. Most of the people come to exchangers to have profit. But not just of profit they also have losses even with the bad analysis and bad decisions. So everyone likes if the exchanging company things in the customer side with lower fees.
And also Binance have the most liquidity than any other exchange. So fair enough to become the leader in this subject.
So Binanace become most popular with their marketing strategy.
They offer Future and also Spot Trading facilities.
2. Huobi Global
Once the leader in crypto subject until the Binance taken the lead. They holds it for several years. With exceptional security, customer support, asset listings, and trading fees, Huobi is a great option for any serious crypto trader. Nice and clean interface as the Binance offers. And also competitive still with the Binance for re take the market leading state. Once the Coinbase was the second largest, but Huboi managed to increase their customers by lots of nice features as Binance.
Huboi Global found in 2013 by Lion Li, An alumnus of Tsinghua University.
3. Coin Base
Once the leading crypto exchange in the world, most popular crypto exchange in USA, and also still most people says the best crypto exchange in the world, even the latest incident remember that Coinbase removed XRP giants form there listing and makes Coin XRP suffer and lower the value and most of the people sell XRP coin because of that. And you can understand the effect can happen with this company. And a huge competition between the top 3 exchangers.
Kraken, KuCoin, BitFinix
Kraken, KuCoin, BitFinix are good sites and also higher and competitive features available. We discuss about those in a different article.