The 15 best exchanges to buy cryptocurrencies and Bitcoins

When you start in the crypto world, the most important thing is to make the correct choice of a wallet and an exchange house. And with the wide variety of options available, choosing the platform that best suits your needs is difficult. Therefore, we bring a top of the best 15 cryptocurrency exchanges .

In this way you will have variety, you can choose the one that best suits your needs , and thus make a safe investment. Without further ado, let's move on to the first one.

 

1.Binance

In second place is Binance for the versatility it has with its clients. In this sense, we can highlight that it has multiple methods to buy cryptocurrencies or to send them directly to your bank account as FIAT money.

In addition to this, it is a direct competition from Coinbase, since it is, surely, the most used crypto exchange worldwide for being designed for beginners in cryptocurrencies, as well as for expert traders. And this thanks to the large number of functions found in it.

It should be noted that Binance has the following payment methods:

• Wire transfer.
• Credit/debit cards.
• Deposit.
• Peer to peer (P2P).

In the P2P method you can find people from multiple countries, with whom you can exchange cryptocurrencies for money from your nation. As a negative point to highlight, it is mentioned that, due to the great popularity of the exchange, it is probably one of the most likely to be hacked at some point. Although it is also one of the exchanges that has the most security standards .

Go to Binance

2.kucoin

This is an intuitive, versatile platform designed for experts and connoisseurs of the subject. In addition to this, it has high levels of security, great liquidity and multiple financial services for its clients.

In it it is possible to find more than 200 cryptocurrencies with which you can earn money, either with futures, stock bonds, among others. On the other hand, Kucoin is an exchange that offers staking possibilities, it also has excellent support and low gas fees within the platform.

Some of the cons of this exchange is that it can be difficult to understand how it works during the first hours of use.

Go to Kucoin

3.Bit2Me

Bit2me is an exchange from Spain that is registered in Alicante, and is characterized by offering a fairly intuitive platform in which you can buy or sell some of the main cryptocurrencies on the market, where the main highlights are: Bitcoin, Ethereum, Cardano, Dogecoin, Litecoin , among other.

We must point out that it is a still growing platform that has just launched its own token, but it is worth supporting. Since more than an exchange, it is a reliable information academy related to the crypto world.

Being a new exchange in the sector, the options and integrated functions may be limited ; it can be said that this would be the negative point. However, the latter will be updated over time to guarantee a complete service to its clients; Without a doubt, it is worth betting on this project.

Go to Bit2me

4. eToro

eToro is a platform or broker specialized in social trading, founded in 2009 and based in the United States and many other countries. It stands out as a useful option for those who not only want to invest in specific cryptocurrency ETFs , but also want to play with the other financial instruments they own; such as stocks, futures, forex or others.

It should be noted that it works more like a broker than an exchange . However, it can be classified as an exchange because it offers the possibility of exchanging your cryptocurrencies for fiat money whenever you want, either to send it to PayPal , invest it in shares, or transfer it to your bank.

Among its negative aspects, it can be noted that it charges a monthly maintenance commission to its clients if their accounts remain inactive during said month.

Go to eToro

Disclaimer: 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. It is important that you read about the risks here .

5. Coinbase

Coinbase is possibly the best-known cryptocurrency exchange in the world; as well as one of the safest. This is based in the United States and has been operating since the beginning of this financial revolution. That is, since mid-2012, when Bitcoin was born.

More than an exchange, it also works as a wallet or wallet. However, it has some limitations regarding the available cryptos . Since, unlike other exchanges, such as Binance, Coinbase carries out an in-depth study of the project behind a token before listing it on its platform. In order to make sure that the project is really safe for its clients.

In addition to this, this exchange is one of those that charges its users the lowest fees per transaction ; as well as one of the most versatile with payments or deposits. It can be deposited through:

• Wire transfer.
• Credit/debit cards.
• PayPal.

However, its use is limited in some countries, such as Venezuela, Bolivia and Cuba; the exchange platform cannot be used in them.

Go to Coinbase

6.Bitfinex

Bitfinex has specialized in security. For this reason we add it to the top, since in addition to being compatible with multiple cryptocurrencies, it also guarantees its clients that their funds, or at least 99% of them, will be outside the network . That is, you will not have to fear for the theft of cryptos.

If this is not enough, Bitfinex also has up to 7 different security levels , and one of them is that withdrawals cannot be made from mobile phones.

In addition, it has been in operation for more than 8 years, different ways of operating, and a minimum deposit of 50 USD that can be made with any crypto (without commission) or through a bank transfer; which will have additional costs.

Among the negative points that many clients highlight are: the minimum deposit, the deposit method and the security levels that can be a nuisance.

Go to Bitfinex

7. Huobi

For more advanced users on the subject of cryptocurrencies, there is Huobi global because it has a wide variety of functions that only these clients can take advantage of . In addition, it is characterized by having very specific tokens that are just entering the market or that are simply not listed in the largest ones; like Binance or Coinbase.

On the other hand, among some of the functions that it has, the multiple financial instruments stand out, such as futures, trading with margins, leverage, or others.

As a negative point we highlight the minimum deposit; which is from 50 to 100 USDT . In addition, the withdrawal fees can be up to 28 USDT; amount that will clearly change depending on the type of network used for it.

Go to Huobi

8.Kraken

The Kraken cryptocurrency exchange is arguably one of the pioneers in the crypto industry. Since, it was founded in 2011 , and from that moment to the present date it has not stopped offering cryptocurrency financial services.

It stands out for being one of the safest exchanges, since they affirm, they hold up to 95% of the user's funds outside the network ; that is, in cold wallets. Therefore, only 5% of the investor's funds will be at risk in the event of a technical problem or massive hack.

This point will not affect the user at all, since he will be able to withdraw all his funds when necessary. However, a negative point that we found in Kraken is that it only has 1 form of deposit , which would be through bank transfer; feature not available in all countries.

go to kraken

9.Bitmex

Among cryptocurrency exchanges, Bitmex has gained relevance for offering multiple financial instruments, where futures stand out for allowing users to open operations for up to x100 leverage.

In addition to this, since its launch in 2014 it has proven to be an intuitive exchange to operate, buy/sell through P2P or take advantage of the multiple functions that can be found on the platform.

Like other exchanges mentioned, Bitmex is also widely trusted; which is mainly due to the audit system they have. Finally, we highlight that it is an exchange for experts or intermediate connoisseurs, and as a negative we find that it has a limited amount of digital assets on its platform and its only deposit method is using tokens .

Go to Bitmex

10.Bitpanda

It offers a large number of services to its clients, and stands out for having a long time in the industry, making it easy for their leads to trust them. In addition, it has an excellent security system, technical support and compatibility with cryptos .

One of Bitpanda's strongest points is that it has a large number of deposit options , from international transfers, credit/debit cards, payment processors such as Skrill, Neteller. In addition, it has an education system so that beginners can learn, a referral system and a card issued by VISA.

Among the negative points, we point out that it has a limited number of tokens , but if you are looking to invest in the best-known ones on the market, it may be a good option.

Go to Bitpanda

11. LocalBitcoins

LocalBitcoins is a P2P type cryptocurrency exchange platform , which offers the possibility of acquiring cryptocurrencies by establishing the desired payment method; from payment processors to bank transfers. In addition to this, it offers the user a digital wallet in which they can leave their tokens after the purchase.

It is a totally secure way to buy tokens, and although it has been working since 2012, it was not until 1 year ago (in 2020) that they launched an application for smartphones .

It differs from other exchanges because here, the user must create a post by offering or requesting the desired token ; although you can also choose to execute the operation by choosing one of the active publications.

One downside is the low availability of tokens to trade with , but this is all offset by the low fees and how intuitive LocalBitcoins can be.

Go to LocalBitcoins

12.Paxful

Paxful is a P2P type cryptocurrency exchange , where a seller establishes his offer in a publication, and those interested can choose between that and more options. It should be noted that it has limited compatibility with cryptocurrencies; although among those available are the most valued in the market, which would be BTC, ETH, XRP, DOGE or others.

In addition to the above, we highlight that Paxful is quite versatile with respect to payments. Since, it offers more than 350 available options to receive the money from the cryptocurrencies sold . While, if you buy them, you can send them to a wallet, leave them momentarily on the platform or use another of the available options.

In addition, it is widely safe and recognized worldwide. However, as we mentioned at the beginning, its main negative aspect is the limited amount of tokens that can be bought/sold on the exchange.

Go to Paxful

13.HitBTC

This platform is designed for all audiences; although mainly for traders. Since, one of its curious characteristics is that it offers the possibility of adding a trading robot , in order to make your investments profitable at all times.

Regarding its security section, we can say that HitBTC complies with what is necessary so that you can feel safe. It has offline storage, 2-step verification , and multiple other security features.

In addition, it has a refund system, offers the possibility of buying/selling more than 500 tokens, using a demo version, among other qualities. The main and only negative point is that you can only deposit cryptocurrencies directly .

Go to HitBTC

14. Okex

Okex is an exchange that is not very well known globally, but it is famous for the excellent gas rates it offers, the different instruments it has and how intuitive it is . In addition to that, it also provides the user with a free wallet, so that they can keep their cryptos there while trading.

It is one of the few cryptocurrency exchanges that I will recommend specifically for residents of Europe and Asia. Since, its main negative point is that it is limited to some countries in America .

go to okex

15.Stormgain

Finally, there is Stormgain, a cryptocurrency exchange that was launched in 2019. It has been characterized by having strict security levels, as well as multiple financial instruments, leverage of up to x300, an intuitive system designed for the entire community. , and a free cloud mining system .

Although they are just some of the most outstanding qualities, since it also offers the possibility of funding the account with bank transfers, credit / debit cards, cryptocurrencies.

Analyzing Stormgain, we noticed that among the negative points is its mining system in the cloud, which sometimes fails and that the commissions can be a bit high; situationally.

go to stormgain

What should you take into account before choosing a crypto exchange house?

Choosing a cryptocurrency exchange is difficult if you are not clear about your priorities. But, if you have already established before what you are looking for, this choice may be quick and easy. However, for those who don't know yet, we suggest taking these aspects into account before choosing a digital currency exchange.

• Security: It is important to know what are the security levels that the exchange has, as well as the certificates, identity verification and entry methods. Since, when investing or trading with cryptocurrencies, it is essential that the funds are always safe.
• Payment methods: Depending on your location, this point may or may not be important, since some cryptocurrency exchanges have limitations with countries. Therefore, if you would like to choose an exchange portal, you should verify if it offers multiple options to fund the account or extract the money and if you have them.
• Compatibility with cryptos: Whether you are an expert or not, you will like to invest in various cryptocurrencies, especially since the law of all investors is to diversify their holdings. Therefore, verifying if the exchange has different cryptos on its platform is important.
• History: We added this point because it is decisive to know the trajectory of the exchange before choosing it ; in order to know if you have been hacked or have been involved in political problems related to money laundering or other similar illegal activities.
• Financial instruments: If you would like to do trading, futures, staking or other activities within the exchange, you must choose one that has these characteristics or financial instruments.
• Wallet: Some crypto exchange houses do not have wallets, and if you are starting to invest, you will probably be interested in an exchange that can offer you a temporary wallet. Even so, we are in favor of using your own wallet, we recommend you take a look at the best cryptocurrency wallets .

Which exchanges are the best for beginners?

Considering the points already highlighted above, we can classify the best in this small group of 4:

• Coinbase.
• Binance.
• eToro.
• Bitfinex.

These are intuitive, designed for experts or novices, multifunctional and versatile with payment methods. Therefore, we can define them as the 4 best cryptocurrency exchanges today.

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