Relatively, 2022 has not been a very good year for Bitcoin traders. The weaker ones are already out of the market. But if you have got what it takes to be a crypto trader, you need to know where you can go to make the best out of your trading talents.
During the past 8 to 10 years, crypto exchange platforms have been emerging on the market like wildfire, and every one of them is as strong as the other one. They all have user-oriented policies and friendly and easy-to-get interfaces.
Millions of people come together to trade Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies on these platforms.
However, where will you mark your presence? We are here to help you out with this question.
Here are 5 best cryptocurrency exchange platforms you can use in 2022.
1. Crypto.com
Crypto.com is one of the most renowned crypto exchange platforms born in 2016. We particularly chose Crypto.com because it has the best mobile application so far.
This globally leading crypto exchange platform makes digital asset trading so easy that beginners are increasing on this app with each day. It supports over 250 cryptocurrencies and is available in 90 countries.
The only drawback of this app is that it has poor customer support. To know more about the leading crypto exchange platforms, head to the Bitcoinsentralen.
2. Gemini
Gemini was launched in 2014 and is known for its strong security and compliance policies. The user feels safe with Gemini because it provides wallet insurance in case there is a breach.
It has a whole ID verification process that prevents fraudulent activities, including two-factor authentication. Third-party auditors have also verified this exchange platform as a secure one.
Gemini is built for advanced traders. It supports over 75 digital currencies and coins. It also comes with an option to pay for goods and services with your crypto. It has the best security so far. However, it is available only in the US.
3. Kraken
Kraken was established in 2011. It was one of the first crypto exchange platforms that rapidly took over the market and became reputable. Kraken is an all-investor platform where people deal in over 120 cryptocurrencies.
It charges lower fees than other platforms, which is what makes it a go-to platform for most investors. Moreover, it has kept its value over all the years because of its credibility and reliability in security and analysis.
Kraken has limited funding options. Wire transfer is a primary payment method and ACH transfers are not available. The reason we choose Kraken is that it is the best low-fee platform you can find out there.
4. Bisq
Bisq, launched in 2014, is an open-source crypto trading platform that is available for individuals all across the globe. It supports more than 100 digital currencies.
Bisq is easy and intuitive. It doesn’t require you to complete the ID verification process of your customers and trading is not limited to jurisdictions.
To top it all off, this platform has different payment methods, such as wire transfers, cash deposits, and ACH transfers.
The best thing about Bisq is that it stayed true to the nature of cryptocurrency. It didn’t walk away from decentralization and sovereignty and privacy of the trader. Users stay private and free, no matter where they are trading from, which is exactly why we decided to add it to this list.
5. BitMart
BitMart was established in 2017 as a global crypto exchange platform in over 180 countries. The main reason this software is part of this list is because it allows users to deal in over 1,000 cryptocurrencies from over 180 countries in the world.
BitMart is usually known for catering to small and mid-cap crypto projects. It is the perfect place for small and new investors to try out their luck.
Moreover, users on BitMart use the Earn feature of the platform to receive interest on the currency that is held by the platform. And if users hold the platform’s token, BMX, they get trading discounts.
That being said, over the years, BitMart has been on the receiving end of poor feedback, such as user complaints about withdrawal complications, unsatisfactory customer support, and lack of transparency of operations and policies. Overall, BitMart is a good crypto exchange platform to try out your luck if you are a beginner.
