Most Secure Crypto Exchanges
Crypto exchange is a business that allows users to trade cryptocurrencies and earn profit. Many crypto exchange apps are available in the market but not all of them provide equal benefits. Some of these apps are just time-wasting while some apps help users to earn real profit.
Here we will review some of the secure crypto exchanges that provide real benefits to users and keep trading secure. If you are looking for the right crypto exchanges for crypto trading then this article will be helpful for you. So without wasting further moments, Let’s dive in.
5 Secure Crypto Exchanges
Following is the list of best crypto exchanges that reduce the risk rate and allow users to trade securely. Let’s review them.
1. Crypto.com
It is a secure crypto exchange app because it provides the facility of extensive digital asset trading. It also comes with investing ecosystem that users can access from their smartphones. Crypto.com was launched in 2016 and with time it has established itself as one of the leading crypto exchanges.
This crypto exchange is available in more than 80 countries and works with up to 250 cryptocurrencies. In addition, it provides a huge digital asset ecosystem that is composed of its blockchain, Crypto.org chain, native token called CRO, yield-producing crypto products, crypto visa card, and much more.
The customer support of crypto.com is not great as other crypto exchanges. But still, it offers many features to users that other apps lack.
2. Gemini
It provides the best crypto security and has robust security protocols. It is SOC 2-certifies and insures user funds. Gemini was launched in 2014 by Cameron and Tyler Winklevoss and stands out in the market for better compliance and security.
This crypto exchange comes with hot wallet insurance to make sure the funds of users remain safe in case of any security breach. Furthermore, it needs users to complete an identity verification process to reduce the fraud potential.
3. BitMart
This crypto exchange is available in more than 180 countries and allows users to buy and sell up to 1000 cryptocurrencies. This global cryptocurrency exchange was founded in 2017 and established itself as a leading trading platform for both small and mid-cap cryptocurrencies.
It offers more trading pairs and assets to users as compared to other crypto exchanges. Furthermore, users can receive interest in crypto assets by using the Earn feature. Users can access trading fee discounts when holding the BMX.
BitMart is the right platform for experienced crypto traders. This is because the user interface is a little bit complex. Beginners may find it difficult to trade with this exchange platform. So do not use it if you are new to crypto trading.
4. Kraken
It is a professional trading platform and allows people to exchange cryptocurrencies at low rates. Kraken also offers exceptional order types and supports futures and margin trading. It was established in 2011 and established itself as the most reputable cryptocurrency exchange worldwide.
This San Francisco-based crypto exchange allows investors to store, sell, and buy more than 120 cryptocurrencies with low charges. It offers 2 platforms: Trading and Professional. Furthermore, the dashboard comes with customizable chart analysis tools, 13 order types, detailed insight into order books, and fast execution.
5. CashApp
The last secure crypto exchange in this list is the CashApp. It allows users to securely and seamlessly buy, sell, and store Bitcoin from their smartphones. CashApp was launched in 2013 by Block and allows individuals to perform multiple actions.
This Crypto exchange is a mobile banking app that manages peer-to-peer payments. It also comes with an investment component. Because of this, users can invest in ETFs, stocks, and Bitcoin using Cash App.
Furthermore, it allows users to withdraw their Bitcoin to third-party wallets. Due to this feature, CashApp stands out from its competitors. The major drawback of CashApp is that its in-app wallet is custodial. It means the company holds the user’s virtual currency on their behalf.
Wrapping It All Up!!!
Make sure to select the right crypto exchange to experience secure cryptocurrency trading. With the right platform, you can easily buy, sell, and secure cryptocurrencies with ease. If you are confused about selecting the right crypto exchange then select from the ones that we have mentioned above to save time and effort.