There are many different CryptoCurrency Exchanges, but which one is the best bitcoin trading platform? Today Trading Mentor Online investigates the best Crypto Exchanges available in 2021.
For some while now, CoinBase has been an industry leader and most popular bitcoin trading platform, owing (at least partly) to the fact that you can invest in Crypto directly with USD. You can also purchase a plethora of Coins and Currencies on the Platform, such as Ethereum and Litecoin, and 30+ more.
You can also earn interest on USDT (Tether) and earn token rewards by completing activities on the site. Each user also gets a $5 bonus when opening an account!
Best for Beginners:
eToro has been around in the UK and EU for a hot minute now, but has recently opened its doors to US customers as well. It is one of the best platforms for Social Copy-Trading and Crypto Trading. eToro also has a very user-friendly web platform and app (Android and IOS) which is awesome for casual traders and beginners who are looking for a Bitcoin trading platform.
Best for AltCoins:
Binance has to be the best Exchange for choice of coins, especially when it comes to new Coin IPOs and existing exotic Altcoins. With over 200 coins to choose from, there’s plenty to invest in and keep you busy! Led by its charismatic leader Changpeng Zhao, its defining features are innovation and new features, proactive community, ability to buy bitcoin and altcoins with more than 40 fiat currencies, their own Binance Chain and Binance coin (BNB), Binance Futures and margin trading with up to 125x leverage, and vision to morph into a decentralized autonomous organization (DAO) in the coming future.
Best Decentralised Exchange:
Bisq was the first Decentralised Crypto Exchange, and since its birth in 2014, it has been one of the leaders in Bitcoin trading platforms. Most of the exchanges are centralized and web-based (Kraken. Binance, Huobi, HitBTC, etc). Unlike most of the exchanges, Bisq exists in the form of a client, not a website. The trading process takes place right on the blockchain and not on the servers of the exchange. It is an important feature that saves the Bisq network from censorship and prohibitive regulations. On the one hand, the exchange is praised for its high security and resistance towards censorship. Experienced traders regard that the Bisq interface is better compared to other decentralized exchanges. Reviewers say that it is not typical for decentralized exchanges to provide so many supported currencies including fiat money. On the other hand, even given the better interface of Bisq it is still not very simple for total novices, while veteran traders won’t be happy about the lack of numerous specific trading features.