Reliable Cryptocurrency Exchanges You Should Know
We wanted to find an answer to the question of which crypto currency exchanges are the most used in the world. Let’s see what crypto currency exchanges you can sign up for now!
In these days when cryptocurrencies are being talked about more and more every day, we can say that one of the most curious questions of new investors in the market is which cryptocurrency exchange should I be a member of. Because the first step, perhaps the most important step, of being a cryptocurrency investor is to register with a reliable, high-quality, fast exchange that will not let the investor down. In this article, we wanted to find an answer to the question of which crypto currency exchanges are the most used in Turkey and in the world. Let’s see what crypto currency exchanges you can sign up for now!
Binance is at the top of our list of crypto currency exchanges. So why Binance is in the first place, why should you become a member of Binance?
- Millions of Cryptocurrency Investors
- High Volume
- Over 100 Cryptocurrencies
- Many Countries Support Currency
- Leveraged Transactions
- Access to Newly Released Cryptocurrencies Before Other Exchanges
We talked about the prominent features of Binance above. Now let’s explain these features more clearly.
There are millions of people who are members of Binance. In fact, according to the data shared by Binance, we can say that institutional investors made their investments through Binance by becoming a member of Binance in 2020.
Perhaps the most important point is Binance’s trading volume. Because when you consider the trading volume, you will see that the world’s largest cryptocurrency exchange is Binance. On 08.09.2021, Binance’s 24-hour trading volume was recorded as $66,917,209 (sixty-six billion, nine hundred and seventeen million).
We said that Binance has more than a hundred cryptocurrencies, but this number is 200, even more than 300! There are 383 different cryptocurrencies on Binance. The number of trading pairs is 1421.
On the other hand, it supports the currencies of 46 different countries. After you become a member of Binance, you can also direct your investments by using TL.
The last feature of Binance we will talk about is to reach the newly released cryptocurrencies faster than other exchange members. You can have newly released cryptocurrencies by locking and staking BNB, the cryptocurrency of the Binance Smart Chain project managed by Binance. However, this is an advanced topic for a beginner investor.
We have mentioned many features about Binance. With millions of investors, high trading volume, and the number of cryptocurrencies, we can say that Binance is in better shape than other exchanges. Click here to earn 20% commission discount from Binance, exclusive to ListeList readers!
In the second place of our list of cryptocurrency exchanges, there is FTX, which makes derivative investment instruments available to its members.
So why FTX?
- First of all, we can say that the technology they offer to their users is more advanced than other exchanges. We talked about derivative products above. Here we can say that the most advanced stock market in terms of FTX derivative investment instruments.
- According to CoinMarketCap data, it ranks third among derivative exchanges. As we mentioned above, Binance is in the first place.
- The trading volume of FTX in the derivatives market has approached $41 billion per hour in the last 24 hours. On the spot side, the volume is around USD 7,455,535,232.
- You can become a member of many exchanges that you think are reliable in our opinion. However, if you say you only want to trade on two exchanges, we do not think it will hurt to try Binance and FTX.
We continue our list of the best cryptocurrency exchanges with Gate.io.
Gate.io is one of the best, like the above exchanges. However, we can say that the purpose of using many crypto money investors is a little different from other exchanges.
Gate.io is a stock market with very rapid rises. However, rapid rises also come with a fall. In other words, we can say that Gate.io is a stock market where there is a possibility of losing while providing a very serious earning opportunity.
Another thing we should mention about Gate.io is the possibility that newly released cryptocurrencies will be listed first on Gate.io. In other words, many small market capitalization cryptocurrencies are first opened for trading on Gate.io, so investing in an unheard of cryptocurrency at a lower price through Gate.io can give investors an advantage.
Click here to sign up for Gate.io with a 20% discount code for ListeList readers!
Finally, Gate.io is one of the trusted cryptocurrency exchanges. Many investors gain in these rapid rises, but also lose in the declines. So if you want to buy cryptocurrencies with less market caps on Gate.io, it can be useful to set your own strategy.
We came to Coinbase, which can be defined as the most prestigious and respected among crypto money exchanges.
Coinbase is one of the best crypto exchanges in the world by the authorities. The fact that Coinbase is listed on the US stock exchange Nasdaq and is a public company shows how true these ideas are.
Coinbase, on the other hand, is a selective organization in cryptocurrency listings compared to other exchanges. In other words, it is not possible to find every cryptocurrency on Coinbase. Still, Coinbase is one of the prominent exchanges among crypto money exchanges.
- Solid and successful altcoin listings
- Simple interface for users
- High liquidity
TrBinance is one of the exchanges on our list. In fact, it is not possible to separate TrBinance from Binance. Because we can say that TrBinance is the Turkey leg of Binance Global (the stock market we reviewed at the top of our list).
TrBinance is one of the crypto money exchanges that allows citizens of the Republic of Turkey to deposit and withdraw TL quickly and easily.
Why Should You Become a Member of TrBinance?
- Investment opportunity with Turkish lira
- TL Deposit and Withdrawal Transactions Are Very Fast
- Simple to use interface for new traders
Huobi is one of the prominent formations among crypto money exchanges.
In fact, we can say that the most important feature of Huobi is that it has emerged from hacker attacks without any accident since its establishment in 2013.
Huobi is an exchange that lists many cryptocurrencies, as in the above exchanges. On the other hand, its use is quite simple for both novice traders and professional traders. It also allows its members to manage their investments even when the stock market is very busy. Because at some times (fast decline or rapid rise), many exchanges cannot give the necessary reaction to their members.
Because of such features, we can say that Huobi has been on the rise since 2013. Many exchanges have even come to a point where they cannot serve their users while Bitcoin is in a bear market that will last for 3-4 years. It even sank! But Huobi’s turnover even exceeded $1 trillion at the end of 2018!