Binance is a rapidly growing exchange that concluded its ICO in 21st July 2017 and raised 15,000,000 USD. The company is registered in Malta which is the crypto heaven and offers a blazing fast exchange.
Since its ICO to till date, it has grown tremendously and is now placed in top 10 cryptocurrency exchanges in the world. It now has more than 190 altcoins listed on it which are only increasing as the days are passing.
Binance being a centralized exchange has taken a unique take to expand its business and also provides a decent discount for day traders if they use BNB coins. BNB is Binance Coin which is the native currency of this platform.
Read: Binance Cryptocurrency: A Unique And Rapidly Growing Crypto Exchange
Binance’s fee structure is also unique. To start with they have 0.1% standard trading fee which is already quite less than other peers. You can even reduce your fee further if you pay your trading fee in BNB according to the below-shown structure.
To get started with Binance you need to register using your email ID and the process is quite simple & fast. Binance is one of the few exchanges that offers mobile app for iOS and Android. Being using it for a while, I find it too easy to trade cryptocurrency while on the move. You can watch this video to learn how to use their mobile app.
They also have aggressive plans like multi-lingual support, mobile apps for both iOS and Android users, Binance Angel Program, and the Community Coin Per Month etc for more adoption of their platform.
Create an account on Binance (Instant activation)
KuCoin is another easy and hassle-free cryptocurrency exchange. KuCoin offers many popular and unique coin such as DragonChain, $KCS, and many others. Just like Binance, they offer a fully functional mobile app for Android and iOS.
To get started with KuCoin, you can deposit any crypto of your choice ex: BTC and start trading. Personally, I have been using KuCoin since last quarter of 2017 and they are getting popular day by day.
Get started with KuCoin
BitMex is high volume crypto exchange created by a talented team of economists, high-frequency traders and web developers for the crypto community.
Here you will never find any issues regarding the liquidity of your cryptocurrencies.
The primary currency traded on this exchange is Bitcoin and its future contracts.
Apart from Bitcoin contracts, one can also play around with future contracts for altcoins such as Bitcoin Cash, Ethereum, Cardano, Litecoin, Ripple.
The registration process on BitMex is quite simple where you just need to register through your email ID and their fee structure is also quite straightforward as shown below:
|COINS||LEVERAGE||MAKER FEE||TAKER FEE||SETTLEMENT FEE|
|Bitcoin Cash (BCH)||20x||-0.0500%||0.2500%||0.0000%|
Trade On BitMex
Changelly is one of the easiest ways to get ahold of various cryptocurrencies.
Changelly has a proven track record of consistently good products being put out into the crypto-space.
One of the best things about Changelly is that you don’t need to go through any lengthy verification or registration process. You just log in with your email ID (or any email ID) and start exchanging!
Currently, it supports more than 35 cryptocurrencies along with fiat pairs such as USD/EUR. It is one of the best and easiest to use exchanges out there. If you want to know more, check out Harsh’s review on Changelly.
When you use Changelly to exchange cryptocurrency, Changelly bots connect in real time to some of the best and busiest cryptocurrency exchanges in the market to get you the best price.
Usually, when using Changelly, a crypto-to-crypto exchange takes 5 to 30 minutes.
They charge a commission fee of 0.5% on each trade, which I think is minimal in exchange for the volatility and risk that they bear on behalf of their users. In addition to the commission, a miner’s fee is also paid by the user and is deducted directly from their crypto balance.
But all you need in order to buy from Changelly is a VISA/MasterCard (credit/debit card) or any Changelly-supported cryptocurrency and a wallet where you want to receive your new coins.
The procedure is very simple.
Head toward CoinSutra’s Cryptocurrency Exchange – Changelly, and follow the steps given in this guide.
Note: Though this guide shows how to buy Ripple in exchange for BTC, the process is exactly the same to buy any other Changelly-supported cryptocurrency.
And if you want to buy cryptos using a VISA/MasterCard, then here is their official step-by-step guide on doing that. (Even though this guide is for buying BTC using a VISA/MasterCard, the process is the same as buying any other Changelly-supported cryptocurrency.)
Check out Changelly
5. Huobi Pro
Huobi Pro is an international cryptocurrency exchange that originated in China but now has moved across the world to serve a maximum number of investors. It is based out of Singapore and has been operating in this space successfully for the last five years.
As we speak, it occupies the #3 spot on CoinMarketCap’s list of exchanges by volume and has 244 cryptocurrency pairs. Hence, needless to say, of this, you will never face liquidity problems on this exchange.
They also have mobile apps for both Android and iOS for users who want to trade cryptos on the go.
Their registration process is also pretty simple and straightforward, so go ahead and do the needful. Oh, and just so you know, the exchange fee is also pretty low. Have fun.