Welcome to Cryptoexchange.net, we bring you an insight to the most popular and safest crypto exchange trading companies on the web. Many Cryptocurrencies gained in popularity through the recent years and have now become essential assets for technology professionals and investors. We provide full guidance on how to trade, trading fees, liquidity volumes and securities. The below exchanges have daily trading volumes within the six+ figure range and offer full verification steps for securing your crypto funds.
Good indicators for reliable exchange firms are
  • Daily trading volume, for high liquidity we recommend using platforms with a stable six figure daily trading volume.
  • Offering 24/7 customer support and full account verification steps for securing your funds and trading activities.
  • Cold storage is another indicator that the exchange handling your funds is serious about the security of their customers.
✅ 20+ Cryptocurrencies
✅ Cold Storage
✅ Credit Cards

Founded: 2013
Headquarter: United Kingdom

TRADE NOW

✅ 70+ Cryptocurrencies
✅ Very easy to use
✅ Credit Cards

Founded: 2013
Headquarters: Czech Republic

TRADE NOW

✅ 600+ Cryptocurrencies
✅ Cold storage

Founded:2013
Operated by: Hit Techs Limited

TRADE NOW

✅ 300+ Cryptocurrencies
✅ Bank transfer

Founded:2013
Operated by: Delta Ecommerce LTD

TRADE NOW

✅ 300+ Cryptocurrencies
✅ Cold storage

Founded: 2017
Operated by: Gate Technology Inc

TRADE NOW

Crypto Exchange Guide – Important Factors

With the emergence of multiple cryptocurrencies, choosing the right exchange can be difficult. There are numerous factors to consider, not to mention choosing an exchange platform that meets your requirements and expectations. To help filter which exchange is best for you, the main factors to take into consideration are:

  • Liquidity (daily trading volume)
  • Security and Verification
  • Trading Fees & Limitations
  • Customer-friendly Interface

Below, these factors will be further dissected so that you can see how they relate to the various features of crypto exchanges, and how they can help you navigate to the right exchange that will suit you best.

Liquidity (daily trading volume)

Liquidity is the easiness of buying and selling, with regards to the daily trading volume on the market. Having a high liquidity means there’s a high volume of buyers and sellers trading daily. High liquidity is a positive indicator of a fluid market, which in turn can create better price discoveries and faster transactions. Reliable exchanges have daily trading volumes within the 6+ figure range.

Security and Verification Measures

An exchange’s security protocol is essential to their platform; as it’s the main component that protects cryptocurrency investors, their investments, and prevents hacking and fraudulent transactions. Security measures are also what keep your coins safe. Here are examples of the various types and levels of security measures that exchanges utilize:

  • To keep your deposits protected from unwanted access, some exchanges place them in cold storage so that they’re safely stored away offline.
  • The utilization of a 2-factor authentication (2FA) option strengthens your account security.
  • Email encryption and verification enhances transaction security by using emails to verify and confirm transactions.
Trading Fees

Exchange platforms that offer low buying and selling transaction fees will be the most enticing to consider, especially if you’re a daily trader. Depending upon which cryptocurrency exchange you’re using, the transaction and structure fees will differ. Some exchanges offer discounted fees, while others offer ‘no-fee’ transactions as long as you’re using their own coins to finalize the transaction. And then there are cryptocurrency exchanges that allow for purchases to be free of transaction fees, but charge a transaction fee on sales.

Another aspect of trading fees is that they get smaller with increased volume. An example of this is ‘maker’ fees, where fees are paid whenever liquidity is added to the order book. Taker fees are when you pay to remove liquidity from the order book.

Transaction fees play an important role in how you’ll want to buy and sell cryptocurrency, as well as how often. In the end, going with an exchange that offers the lowest transaction fees allows you to take home more of your coins.

Limitations

Although the cryptocurrency industry has seen some vast improvements to its overall handling and securing of transactions, like all other investments there are still risks and limitations involved. Presently, the risks and limitations concerning crypto exchange platforms include:

Not all crypto exchange platforms deal in fiat currency, some exchange platforms only allow coin deposits in order to buy other coin alternatives. Most commonly, Bitcoin is the choice of coin that most exchanges use for making purchases.

Some exchanges only offer a certain amount of coins, those coins are generally Bitcoin and Ethereum Coins. And at the moment there’s very few reliable exchange platforms that offer various types of coins. Given the current landscape, it would be wise to diversify your coin options so that you can maintain flexibility when it’s time to purchase or sell your coins.

One of the main types of fraud seen in today’s cryptocurrency world, are the ‘pump and dump’ schemes. Exchanges can combat this type of fraud by offering alternative coins that can prevent scammers from questionable sell-offs.

Customer-friendly Interface

You want to go with an exchange that’s user-friendly but also has customer friendly services. A user-friendly exchange is a responsive platform, that streamlines the processes of verification, deposits/withdrawals, fund reflections and daily trades; saving you time, money and peace of mind. Having a friendly interface requires that exchanges provide the necessary indicators and technologies needed for simple navigation, but also can enable traders and investors to become more efficient and informed with their user actions. A good exchange platform should offer an enjoyable user experience, that allows for anyone to easily operate on it, from a novice to the more experienced crypto expert.

The aforementioned statements also apply in regards to an exchange having quality customer support. A good customer support system should relieve customers’ fears, frustrations and anxieties that are associated with the interfacing and making transactions. Quality customer service allows for any crypto related issues to be quickly resolved, having the user feeling confident about their transactions and satisfied with their overall user experience. Typically, the exchanges with the best user and customer friendly experiences will also see greater volume increases in transactions, which also leads to those exchanges attracting more users. Users throughout the crypto community, highly value an exchange’s ability to provide a platform that’s user friendly in it’s functions and can offer quality customer service.

Summary

To make an informative decision on which exchange platform to go with, you must weigh all your options and see which factors benefit you and your investments the most. There are different types of exchange platforms, each with different kinds of features that offer high volumes of liquidity, user-friendly interfaces, strong security measures or low transaction fees. As long as you’re knowledgeable about the platform you’re looking to join, you’ll make transactions that are safe, efficient and will eventually pay off.

Trading with Cryptocurrencies is highly volatile, risky and complex with big price fluctuations, trading with any coin may result in remarkable loss of money in a short period of time. It is strongly advised that you should never invest money that you cannot afford to lose.