Best Crypto Exchanges – Top 10 List

When you want to get into cryptocurrency trading, one of the first things you encounter is to select a suitable cryptocurrency broker. It is an extremely important step as you obviously do not want to end up being hacked, or losing your capital on trading fees. To keep your brokerage account away from a bad trading experience, you will need to research the market carefully and find the most suitable cryptocurrency broker for you. 

However, finding an excellent brokerage platform is not an easy task as the market is filled with hundreds of options. While you may find it a daunting process to explore all of these brokers and select the one with the best features, we have prepared a detailed guide introducing the top 10 crypto exchanges. These platforms stand out with such features as security mechanisms, trading fees, customer support, functionality, etc. 

Read on to find out which of these online cryptocurrency brokers suits your requirements best of all. 

Best Cryptocurrency Exchanges in 2023

Below are the 10 most recommended brokers to trade cryptocurrencies that we have selected based on our thorough research. 

Top Crypto Exchanges Reviewed – Full List

We have reviewed a wide selection of brokers in this section so that you can have a better understanding of what each of them provides. Selecting any of them depends on certain things – your budget, trading goals, time to be spent on trading, the country you leave, available payment methods, etc. 

While some of the brokers may support low-cost trading, others may offer more functionality, support a wide selection of assets, etc. Hence, you need to consider all your priorities and choose the one that best meets your requirements. 

eToro – Best Cryptocurrency Trading Broker Overall

When it comes to selecting the best cryptocurrency trading platform, eToro is among the leading brokers to consider. It was founded in 2007 and started as a stock and forex broker becoming popular due to its commission-free trading on stocks. eToro eventually expanded its asset selection and started to support cryptocurrencies in 2013 once the first digital assets sprung up in the market. As for now, the broker supports almost 80 cryptocurrencies, including such popular ones as BTC, ETH, XRP, LTC, BNB, ADA, SOL, APE, etc. 

There are multiple reasons why to select eToro – starting from low-cost trading fees to the beginner-friendly platform and a bunch of trading tools. First and foremost, eToro offers one of the most competitive pricing structures in the market. While there are no commission fees applied to stock trading, there is a flat trading fee of $1 which you need to pay for buying and selling crypto assets. Plus, there is little spread that may differ depending on the cryptocurrency (for BTC – 0.75%, altcoins – 1%).

eToro is a fiat-friendly broker and you can buy all the cryptocurrencies listed on the platform with USD. However, you can also use its Money digital wallet to swap between hundreds of popular crypto pairs. When it comes to the methods of charging your account, the broker is pretty abundant here, as it supports multiple payment options from credit and debit cards to e-wallets. Additionally, you will not need to pay any deposit fees when funding your account in USD. 

When it comes to cryptocurrency trading itself, eToro offers one of the best user experiences. It supports several tools for crypto trading and has a Smart Portfolios tool that helps you to diversify your coins and mitigate the risks of losing money. Apart from it, eToro also added similar tools for DAO coin portfolios and DeFi coin portfolios. The broker also offers a fascinating social trading platform with its unique opportunities to copy the trades or portfolios of other traders.

And last but not least, with eToro, you do not need to worry about the safety of your account as the broker offers high-quality security mechanisms. It is a highly secure platform regulated and licensed by such top financial institutions as SEC, CySEC, ASIC, and FCA. 

Why select eToro? 

• Low trading fees + low spreads.
• 20$ minimum requirement to start buying cryptocurrencies.
• Beginner-friendly platform and trading tools.
• Excellent safety systems and regulations.
• DEMO account available.
• Good selection of digital assets. 

Visit eToro

Your capital is at risk.

OKX – World’s Seventh Biggest Cryptocurrency Exchange By Market Capitalization

OKX stands as the world’s seventh-biggest cryptocurrency exchange by market capitalization. The platform is known for giving a “platform” to low-cap cryptocurrencies that have come out since 2022, thanks to the crypto community’s demand for more utility-focused tokens. Based in Seychelles, the cryptocurrency exchange is not available in the United States. That said, thanks to its low exchange fees, cryptocurrency traders from other parts of the world prefer its offerings.

OKX exchange was founded in 2017, and the platform has grown since then due to the influx of more cryptos. There are over 500 trading pairs available on the platform at the time of writing, including high-cap tokens like Bitcoin, Ethereum, and XRP and low-cap tokens like Tamadoge.

OKX offers a robust trading panel suitable for both beginners and advanced traders. That said, some of its offerings are more suitable for crypto veterans. These consist of margin trading on leverage and spot trading. The best feature of this platform, however, is its mobile app. Available on all mobile devices, the app consists of three modes – Lite, Web 3, and Pro.

Lite mode is suitable for beginners allowing them to buy any of the listed cryptos for as little as $5. Web 3 mode delves into niches other than cryptocurrencies like NFTs and DEX. Here, users will find launchpad, NFT marketplace, staking opportunities, and more.

The third mode is the Pro mode, allowing users to engage in derivatives and margin trading.

OKX is also home to multiple varieties of Earn programs. They consist of savings, staking, dual investment, DeFi, Fixed income, as well, and flash deals. Furthermore, those who want to borrow and get loans of up to 20 loanable assets. OKX has gone with a flexible repayment model for these loans – which makes OKX all the more inclusive.

The fee model on OKX is based on tiers, with the maker fee varying from 0.080% to 0.060% and the taker fee varying from 0.1% to 0.080%. The levels depend on the number of OKB tokens – the native crypto of OKX – that users hold.

OKX also supports institutional services like the liquid marketplace, APIs, VIP loans, and broker programs. Beginners won’t have a hard time engaging with this platform, as OKX offers a host of blogs and tutorials. Read our complete OKX review.

Why select OKX?

1. Low trading fees.
2. Over 500 cryptocurrencies are listed.
3. A great mobile app that offers multiple facilities.
4. Offers a host of earning opportunities, including DeFi staking and Dual Investment.
5. It has its own NFT marketplace.

Visit OKX

Your capital is at risk

Bitstamp –  Low-Fee Trading Platform with Longest History

Founded in 2011, Bitstamp is one of the oldest cryptocurrency exchanges that operate today. The broker supports trading almost 70 cryptocurrencies with below than average trading fees. One of the biggest advantages of Bitstamp is that it offers different trading platforms. Bitstamp provides Bitstamp.net, which is a simple-to-use platform designed for newbies in trading. For professional traders, Bitstamp offers its Tradeview platform. 

Apart from these two web-based platforms, Bitstamp also supports a mobile app. It is free to download and is compatible with iOS and Android phones. The app has a high rating on both marketplaces – 4.8 on App Store and 4.2 on Play Store. 

Though Bitstamp has different platforms for different levels of traders, the trading fees are the same. Irrespective of what trading platform one uses, there is a flat fee of 0.5% every time you buy or sell an asset. However, it offers lower fees depending on the volume of your trades. For example, if your monthly trading volume reaches $10,000 you will pay a 0.25% fee instead of a 0.5%. 

When it comes to non-trading fees, Bitstamp does not have any management or account fees. Only 5% is charged for debit and credit card transactions, but the ACH transfers for depositing money into your account are free. 

When it comes to security, we must mention that the broker experienced a major hack in 2015 and lost $5 million worth of BTC. However, it has improved its security systems ever since to offer a more safe trading experience. Bitstamp stores 95% of the assets in a cold storage wallet. Plus, users must undergo 2FA and have other optional security measurements to select. 

Why select Bitstamp?

• Low trading fees, especially when you trade in high volume.
• Free deposit and low withdrawal fees for ACH transfers.
• Offers different platforms for traders having different skills.
• Good selection of assets.

Visit Bitstamp

Your capital is at risk

DeFi Swap – Best DeFi Exchange to Trade and Stake 

If you are looking for a decentralized cryptocurrency exchange, DeFi Swap can be your best choice. Built on Binance Smart Chain, DeFi Swap offers to swap between more than 50 cryptocurrencies, including altcoins and stablecoins. Trading on DeFi Swap is completely easy due to its user-friendly platform which you can access even with your browser. 

To start trading on DeFi Swap all you need to do is to visit its platform and connect your cryptocurrency wallet. DeFi Swap supports two of the best crypto wallets – Metamask and WalletConnect. By linking any of these wallets you can start swapping between two cryptocurrencies and complete the transactions in seconds paying a 0.3% swap fee. 

As DeFi Swap is a decentralized exchange and there is no middleman to manage the process, it does not require any KYC process, so you do not need to register for an account or verify it. Due to the technology that it uses to support trading, the platform is very safe even without being regulated by any authority. 

DeFi Swap is also an excellent choice when it comes to functionality. It has a native token – DEFC which grants some features to holders. First of all, DEFC owners can earn some passive income by just holding the coin. Additionally, DeFi Swap grants yield farming and staking opportunities. It means that you can generate rewards by lending your tokens to its liquidity pools. You can also earn income by locking your tokens for a specific period.

Also see our guide to the best DEX coins to trade.

Why select DeFi Swap? 

• You can swap 50 cryptocurrencies in seconds.
• Offers staking, yield farming, and static rewards opportunities. 
• No KYC requirement, no middleman, and a secure network.
• Supports some of the best stablecoins and altcoins.
• Has a user-friendly, and easy-to-use platform. 

Visit DeFi Swap

Coinbase – Reputable US Crypto Exchange for Advanced Traders

Coinbase started in 2012 as a platform to send or receive Bitcoin but then it developed into a cryptocurrency exchange accepting multiple other crypto assets. It provides two different trading platforms. The first one is designed for beginner traders and is supported by a simple interface. The second one is called Coinbase Pro and is designed for professional traders. It is equipped with advanced tools and charges less trading fees. 

Coinbase is an extremely user-friendly exchange and is a great exchange for portfolio diversification. It supports more than 100 cryptocurrencies that you can buy and sell using different payment methods. But when it comes to pricing, Coinbase may seem a bit expensive, especially when you use credit and debit bank transactions. The exchange charges 3.99% for these payment methods. 

Apart from the fees applied to the payment method, users also pay a trading fee and a spread which differs depending on the amount of trade. Still, Coinbase does not charge any other monthly fees, or account management packages.  Though it charges higher than average fees, Coinbase has become one of the most widely used trading platforms that support more than 90 million customers from over 100 countries. 

Coinbase also stands out with great security features. It keeps most of the funds in cold storage which is the most secure way to keep assets. Apart from it, all the users signing up for a Coinbase wallet must have their account verified. They must undergo the Know-Your-Customer procedure which requires verifying address (with a utility bill or a bank document) and identity (with a driver’s license, ID, or copy of a passport). Coinbase accounts also necessarily use 2FA which is extra protection for the account.

Why select Coinbase?

• Coinbase is a highly secure crypto exchange.
• Supports a wide selection of cryptocurrencies.
• Offers a decentralized wallet – Coinbase Wallet.
• Supports two different platforms for advanced traders and beginners.
• +90 million users and a good reputation. 

Visit Coinbase

Your capital is in risk

Crypto.com – Best Crypto Exchange with Many Features for Active Traders

Crypto.com is a relatively new player in the market but has already managed to garner some popularity. It stands out with high functionality and offers not only crypto investing and trading features, but also staking, NFT marketplace, wallets, and other DeFi options. It supports a wide selection of digital assets – with Crypto.com you can trade over 250 cryptocurrencies. Plus, it also offers a DEX for those who want to step into decentralized exchange trading.

As for pricing, Crypto.com offers a competitive pricing structure that gets lower when the trading volume increases. Moreover, clients also get discounts when they hold its native token – the CRO coin. In general, the platform charges a 0.4% fee for average transactions. But if your monthly trading volume reaches $25.000 you can pay up to a 0.04% trading fee. If you want to get discounts – you must hold at least 5000 CRO coins in your wallet. 

You can buy cryptocurrencies with fiat currency, as the platform supports multiple fiats, including the Canadian dollar (CAD), United States dollar (USD), Australian dollar (AUD), EUR, GBP, and BRL. The versatility of payment currencies makes it easy to invest in cryptocurrencies from different countries. And the exchange has already attracted more than 10 million users from 90 different countries. 

Crypto.com offers an exceptional trading platform that is simple to use but redundant with several advanced features which makes it an excellent choice for expert traders. It also offers a mobile app available to download on Android and iOS devices. The mobile app is quite practical and includes everything you need to trade cryptocurrencies. 

Regarding security, Crypto.com is not a regulated exchange but it uses strong security features to protect your account from fraud. Among its most significant security systems are multifunction authentication (MFA) and whitelisting. Additionally, it keeps most of the funds in a cold storage wallet which makes it almost impossible for hackers to reach. 

Why select Crypto.com?

• Several DeFi products are available.
• Supports +250 cryptocurrencies.
• Offers low trading fees which get even lower when trading in large amounts.
• You get discounts if you hold its native token.

Visit Crypto.com

Binance – Best Crypto Exchange for Advanced Traders

Founded in 2017 by Changpeng Zhao, the Binance cryptocurrency exchange has quickly attracted several crypto investors. It is now the largest cryptocurrency exchange by trading volume and offers its services worldwide. Binance is an excellent choice when it comes to advanced trading, low crypto-to-crypto trading fees, and mobile trading.

There are several features that impress Binance users, including its peer-to-peer marketplace, a huge selection of NFTs, and several trading fees. Not to speak about the versatility of cryptocurrencies – the platform supports over 600 crypto assets. However, US users can only trade 60 cryptocurrencies with Binance US. 

The exchange offers one of the most competitive trading fees especially when trading crypto pairs. For example, the most popular crypto pair – BTC to ETH trading charges only a 0.1% trading fee. Still, instant buys with a credit or a debit card may be quite expensive as it charges a 4.5% trading fee for these payment methods. Binance traders can also get discounts holding BNB coins, or becoming VIP traders. Additionally, the fees get lower when they trade in higher volumes. 

Another impressive thing related to Binance is its extremely advanced trading experience. Along with multiple advanced tools, Binance supports a wide range of sophisticated charts and graphs to contribute to market analyses when trading. However, the abundance of these features may seem a bit confusing for newbies in the field. Hence, Binance’s trading platform is more suited to advanced traders. 

Binance’s security systems are quite impressive – it offers 2FA, SMS authentication, whitelisting, and other options to protect your account. But it is worth mentioning that the platform is not regulated and licensed by any company and has already faced regulatory problems in some countries, including the US and the UK.

Why select Binance?

• Extremely low trading fees. 
• An impressive selection of crypto assets and NFTs.
• Largest crypto exchange by trading volume.
• Supports desktop app, website trading, and mobile app. 
• Advanced charts and trading features for expert traders.

Visit Binance

Huobi – Best Cryptocurrency Exchange for Earning Regular Income

Huobi Global is among the most popular Asian-based cryptocurrency exchanges. It started in 2013 in Beijing, but the cryptocurrency regulatory issues in China eventually forced it to move to Seychelles. However, Huobi had regulatory issues with other countries too and was even accused of wash trading, but the company rejected the accusations. Despite these events, Huobi gained a good reputation among traders and claims to have tens of millions of customers from several countries. 

Huobi can be an excellent choice when it comes to low-cost trading and a vast selection of assets. The platform supports more than 400 cryptocurrencies and regulatory adds new ones. And it offers quite a budget-friendly trading. For example, you can buy Bitcoin with Huobi paying a 0.2% base fee. But users can also get discounts when they hold Huobi Token or they trade in high amounts. 

Another appealing feature related to Huobi is its VIP account which users can get by raising their EXP (Huobi Experience Points). The latter is influenced by the volume of your trades and the number of cryptos you hold on your Huobi account. But apparently, Huobi’s best feature is its crypto savings account which enables users to earn annual capital gains with their idle assets. 

When it comes to Huobi exchange’s practicality, we should mention that the platform is rather complicated and is rich with several advanced functions. The complexity of the platform makes it quite an attractive choice for advanced traders, while beginners may find it not friendly. Additionally, the exchange has a minimum deposit of $100 to allow you to trade. To trade with Huobi you need to either visit its website or download its mobile app on your iOS or Android phone. 

Why select Huobi?

• It provides a crypto savings account that investors can use to earn passive income.
• An impressive selection of cryptocurrencies and trading features. 
• Low trading fees.
• Discount on trading fees when holding Huobi Token or they trade in large amounts.

Kraken – Best Cryptocurrency Exchange for Margin Trading

Kraken is an excellent cryptocurrency exchange when it comes to security and advanced trading features. Founded in 2011 and launched in 2013, Kraken has quickly become one of the most popular cryptocurrency exchanges worldwide. It supports over 110 cryptocurrencies and offers multiple trading features for advanced trading. Those who prefer margin trading can have up to 5x leverage on a crypto pair. Plus, the exchange also offers crypto short sales and stop orders. 

Kraken has three different account types for different trading levels – starter, intermediate, and pro accounts. Using a Starter account is quite simple and it does not even require verification. However, it does not support too many trading features, so if you want to advance your trading skills and trade in large amounts, you need to use the Intermediate or the Pro accounts. 

As for pricing structure, Kraken can be a bit expensive compared to other leading crypto exchanges. Fees are especially higher when you use instant buys and pay with a credit or a debit card. But you can also charge your account through a bank transfer option and enjoy relatively lower transaction fees. 

The exchange also supports staking and enables to lock of almost 15 cryptocurrencies, while rewards can reach from 0.25% to 40%. You can access Kraken online and use its website option or you can use the mobile app. The exchange is highly secure – it has 2FA and other sophisticated safety mechanisms. Plus, 95% of the assets are kept in cold storage. Read our full Kraken review.

Why select Kraken?

• It is extremely safe and has never been hacked.
• Offers margin trading with high leverages.
• Supports a good selection of cryptocurrencies. 
• Three different account types are available to select.

Visit Kraken

Bybit – Best Crypto Exchange for Non-US Margin Traders

Founded in 2013, ByBit is one of the oldest cryptocurrency exchanges that offers advanced trading opportunities for non-US traders. Though it offers spot, derivatives, futures, and perpetual trading, the focus is on margin trading. With ByBit, margin traders can leverage up to 100x on BTC/USD pairs and 50x on other currency pairs. 

ByBit is not the best choice when it comes to the number of cryptocurrencies as it lists only 15 currencies, but its advanced margin trading features make it an exceptional platform. The platform charges maker and taker fees which are usually 0.025% (for the maker fee) and 0.075% (for the taker fee). Plus, it takes a withdrawal fee every time you want to cash out your funds. The withdrawal fee and minimum amount differ depending on the crypto – for instance, you can withdraw at least 0.001 BTC and must pay 0.0005 BTC for each withdrawal.

ByBit’s other features include its demo trading account which enables you to practice trading with unreal coins. It also offers a mobile app and a website perfectly designed for advanced traders. ByBit also stands out with its fascinating educational content – it has content related to using technical tools and charts of the platform and teaches about blockchain and DeFi. 

When it comes to security, ByBit is not a regulated platform. Nor does it require account verification with ID or something else. All you need to do to register an account with ByBit is an email and phone number. However, ByBit uses robust security mechanisms to protect your account, including 2FA. And it also personally checks all the unauthorized withdrawals to make sure there is no fraud. See our full Bybit review.

Why select ByBit?

• Margin trading is available with up to 100x leverage on BTC.
• Advanced trading platform for non-US users.
• No KYC procedure is required. 
• Excellent educational content to learn about trading and DeFi.

Visit Bybit

What are Crypto Exchanges?

Cryptocurrency exchanges have made it much easier for ordinary people to buy and sell cryptocurrencies. A centralized crypto exchange is an online platform that acts as an intermediary between a buyer and a seller and enables them to trade crypto assets. Some brokerage platforms, like eToro, which were originally founded as a stock or forex broker, also started to support crypto trading. In return for their service, cryptocurrency exchanges charge trading fees from the users. 

The number of cryptocurrency exchanges is growing rapidly, but not all of them offer particularly the same services. Differences between cryptocurrency exchanges can relate to the number of coins available to trade, trading tools, pricing structure, customer service, payment methods, regulatory systems, and multiple other functions. While you can buy cryptocurrencies with fiat currency with some crypto brokers, others may only allow you crypto-to-crypto trading (such as BTC/ETH, USDT/BTC, etc). 

Leading cryptocurrency exchanges are usually regulated and to start using them you will need to register your account and also provide your ID to verify it. However, it only refers to the exchanges that support fiat-to-crypto transactions. The exchanges that are based on crypto-crosses may only require an email, as you only need to link your crypto wallet to start trading with them.

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How We Reviewed the Best Crypto Exchanges – Things You Need to Consider

Knowing how the crypto exchanges work is not enough to select a crypto trading platform, as you can’t simply search and select a random crypto exchange. The problem is that there are hundreds of options in the industry and many of them may not be a good fit for you. They can have extra hidden fees, poor security systems, complicated platforms, and can lack other simple services causing you to end up with a poor trading experience. 

To have a productive trading experience, it is also crucial which crypto exchange you use. It means that you need to do a little research and check their qualities before making a final decision. Here is what to consider when you select a cryptocurrency broker. 

Regulation

Despite the abundance of cryptocurrency exchanges in the market, very few of them are regulated and licensed by financial institutions. Trading with a regulated cryptocurrency exchange makes you more confident that the safety of your funds is guaranteed. eToro is among the best and most well-known cryptocurrency brokers that have a strong regulatory policy. 

Security Systems

Cryptocurrencies are quite attractive to hackers so there can frequently be malicious loins and attacks on your profile. To avoid becoming their victim and losing your assets, you should select a cryptocurrency exchange with strong security mechanisms. Make sure that your broker possesses stop-notch security features, such as 2FA, whitelisting, biometrics, etc. 

List of Supported Coins

When you step into cryptocurrency trading, in most cases you do not want to trade just one or two crypto assets but have multiple choices. This strategy is known as portfolio diversification and it helps to reduce the risks. The point is that you invest in competitor crypto pairs and when one decreases its value, the second one is likely to go up. Hence, you need to select an exchange that will provide a large selection of assets and support the most popular and trending cryptos. See our guide to the best cryptos to buy right now.

Trading and Non-trading Fees

The pricing structure is among the first things you must consider before you select a cryptocurrency exchange. Your productive trading experience mostly depends on the fees the crypto broker charges. Crypto exchanges usually charge two types of fees – trading and non-trading. 

As trading fees, the broker may charge commissions or spreads or both of them. Non-trading fees usually include withdrawal and deposit fees, account management fees, inactivity fees, etc. Check out the pricing structure of all the brokers you consider using to make sure you select the one with the most competitive fees. 

Trading Tools and Features

Leading cryptocurrency exchanges do not offer only a simple platform to buy or sell cryptocurrencies. They support a wide range of trading tools and features for different types of traders. Best crypto exchanges are equipped with advanced tools and charts, pricing alerts, and other features that could help you significantly while trading. 

Trading Platforms

Another crucial thing to consider is the supported trading platforms. Considering that trading can be complex for beginners but simple platforms can bore advanced traders, cryptocurrency exchanges usually provide different trading platforms for types of traders. They can offer standard accounts for beginners and more professional ones for expert traders, so check out if the platform is not complicated for you.

Crypto wallet

Many cryptocurrency exchanges also provide their digital crypto wallets which are hot-storage wallets designed to store crypto assets securely. These wallets are not simply designed for keeping cryptos, but they also have an in-built platform to exchange between multiple cryptocurrency pairs. For example, eToro provides a Money wallet that you can use to store your coins and swap between hundreds of crypto pairs. Of note, you cannot transfer your assets back to your eToro account once you move them to the Money wallet. 

Payment Methods

It is also essential to check what payment options your cryptocurrency exchange supports and what are the deposit and withdrawal fees for each of these methods. Basically, leading crypto brokers support ACH transfers, bank transfers, bank cards, and e-wallets, but they have different transaction speeds and pricing for each of them. 

Customer Support

Customer support will be quite necessary for you in case you face some difficulties during the trading process. Hence, make sure that the crypto broker you want to trade with provides a live chat, phone call, or another support method to reach them and solve your problems quickly. 

How to Open a Cryptocurrency Trading Account?

For those who want to buy bitcoin or other cryptocurrencies, but don’t know how to start trading, we have introduced a detailed guide to explain all the steps. We used eToro as an example, but the process is almost the same with most brokers. 

Step 1 – Open an eToro Account

Almost all the cryptocurrency exchanges that support buying bitcoin with fiat currency will require you to register for an online account. You can sign up for a new account with eToro in 15 minutes. All you need to do is visit the etoro.com website to fill in the personal information the broker asks for and other details related to your account.

Step 2 – Verify Your Account

For security purposes, it is mandatory to go through the Know-your-customer process and verify your account properly. There can be several levels of verification: in most cases, all the brokers require email, phone, and ID verification. To verify your eToro account, you must provide proof of identity, which can be an ID, a copy of a passport or a driver’s license, and proof of address, which can be a utility bill or a bank document. 

Step 3 – Make a Deposit

eToro will verify your account in a short time once all the documents are provided. After you finish with verification, you can jump to charging your account. You can deposit funds on your account in USD and pay no deposit fee. The available methods include credit and debit cards, PayPal, Skrill, Neteller, and wire transfer. 

Step 4 – Start Trading Cryptos

Once your account has gone through all the necessary steps you can get to trading. First, decide which coin you want to buy first and type its name in the search toolbar. For example, if you want to buy Bitcoin, write BTC and click on the first results. You will be led to a page where you will get multiple tools to do research. If you are ready to buy, click on the “Trade” button, fill in the number of coins and complete the transaction. 

Conclusion

Selecting an appropriate cryptocurrency exchange is an essential step when it comes to trading. When you trade cryptocurrencies you already put your capital at risk. Hence, you need to be careful with the broker you choose and use a really trustworthy and cost-effective option. In our guide, we have reviewed the ten best cryptocurrency exchanges and we consider eToro our top recommended broker. 

eToro - Our Recommended Crypto Platform

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• ASIC, CySEC and FCA regulated - 20 Million Users Worldwide
• Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort
• Free Demo Account, Social Trading Community
• Free Secure Wallet - Unlosable Private Key
• Staking Rewards for holding ETH, ADA or TRX
• Copytrade Winning Crypto Traders - 83.7% Average Yearly Profit

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68% of retail investor accounts lose money when trading CFDs with this provider.

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