Ranking of Cryptocurrency Exchanges 2021 – First we will see the best exchanges of the 2021 ranking, then we will comment on the keys to analyze this market, as well as all the details of the market of exchanges or cryptocurrency houses.
Cryptocurrencies are an unregulated and highly volatile investment product. No protection for EU investors10 Best exchanges in the crypto market 2022
Coinbase is arguably the world’s best-known exchange and arguably the largest in the West. This U.S. exchange has grown so much that it will go public shortly, valued at a very large amount of capitalization. This is to give us an idea of the size of this company.
Because of this large size, it may not be the most agile exchange on the market, but it is certainly one of the safest.
In addition to its professional trading service, its service is also known as cryptocurrency wallet.
Trading fees improve as there is more trading volume, being the standard more or less in the market average, although somewhat higher than competitors such as Bitpanda. However, if you are not going to do high frequency algorithmic trading this is not relevant.
This Austrian cryptocurrency house has earned a good reputation over the years. Shortly after its birth it was already one of the leading sites for the purchase and sale of cryptocurrencies, and over time it has been consolidated, being also one of the best wallets that can be had in the market, also regulated by a top European legislation.
This is one of the exchanges that offers better conditions to deposit and withdraw money, with many methods to do so, with Skrill, Neteller or Giropay among others, in addition to the classics of credit and debit cards, transfers and use of cryptocurrencies.
As for services, Bitpanda is one of the companies with the best range of products, and the truth is that it meets expectations fully. Not only are we facing one of the best wallets, but an excellent trading service with Bitpanda Pro, and even offers the possibility of investing in the metals markets with contracts backed by gold, silver or platinum. Undoubtedly one of the most innovative trading houses in the crypto market.
It is many years that Binance is at the top of the list of trading houses of critpomonedas. It is a classic to see the rankings that teach us on sites like Coinmarketcap. This is for a reason: we are facing one of the best companies in the sector, and we are not only talking about an exchange for trading or classic buying and selling, but also as a wallet, uniting several services in one.
One of the characteristics that has always characterized this exchange is its excellent conditions for trading with comsiones always among the lowest in the market, although this is not what we should guide when looking for a provider, but it always helps a little not to have the most expensive commissions in the market.
Something that Binance has improved a lot over the years has been in improving its security. The last thing is to be about to get licensed by the FCA with an entity in the UK with the ending “.uk”. When I have this I think it will be one of the exchanges that will grow the most because that will make many people with important assets in the world decide to move to it.
Vivid Money is not a classic exchange, but then why is it among the best exchanges?
Well, because it is one of the safest options for Europeans to operate cryptocurrencies within an organization regulated by none other than Germany’s Bundesbank.
Its main service is a digital bank but within the investment section it has the possibility of buying and selling cryptocurrencies, so we have a double service: possibility of opening a bank account plus operating with cryptocurrencies.
One of the advantages of Vivid is that you can start with trades as small as €0.01 or equivalent.
The available cryptocurrencies are: Bitcoin, Ethereum, Litecoin, Dogecoin, Cardano, etc.
This exchange enjoys the advantage of being based in the United Kingdom, a country that sets the standard for the regulation of global financial markets, and which is synonymous with security. But as if that were not enough, it is also regulated in the United States, where it has an important market.
The commissions it offers are also among the best in the market, with approximately 0.25%. The trading experience is impeccable, and unless our strategy depends on excessive high-frequency algorithmic trading, this exchange provides the perfect trading environment.
It is one of the few crypto houses that has a telephone in the UK and USA for emergencies. We already know that most houses work with the policy of “no phone” and only contact by form. This encourages many investors to open their account in this house, because sometimes it is better to have access to a phone in case something strange happens, although I have to say that this is something that should almost never happen. The typical service experience is that you won’t need anything like that.
The exchange named after mythological monster is still one of the most prominent in the world. After a brilliant start he had a time when he had fallen a little behind but later he took off again and placed himself again as one of the reference actors in the offer of the crypto markets.
What is it about this exchange that makes it attractive?
Kraken is known for being one of the leading platforms in cryptocurrency trading in the form of derivatives, with a large offering of margin trading products. In addition, it also offers attractive and novel contracts such as cryptocurrency indices that are excellent for investment in the medium and long term. Think of something like a Dow30 or IBEX35 of cryptos.
At the moment it does not offer too many payment methods, with the possibility of doing it with transfer or depositing cryptocurrencies. Hopefully this will improve it soon, although it is not a very big impediment either.
Another well-known name in the industry, which also comes from the beginning of the popularity of Bitcoin trading, back in 2015.
This Exchange has stood out for following all the guidelines of the American legislation, eliminating all those products that did not fall within the parameters accepted by it. This is important to emphasize because it shows us that it is a crypto exchange that seeks maximum security and reliability in its operations.
This house has a good offer of products but stands out particularly for its good reputation for trading, both spot and margin, being one of the best in its niche in the United States and the West in general.
As for trading fees, it’s still one of the best we can find out there. There are always cheaper but that is sometimes paid with less security and reliability.
We are facing a global exchange that had and still has, links with the Chinese giant Okcoin. Today it is based in Malta and serves the needs of Western customers, including Europe and America, with exceptions in some countries that do not allow buying and selling in these markets.
One of the advantages of this house is that it also works as a comprehensive wallet site, so it can serve to store our cryptocurrencies safely.
Well, apart from its wallet, in its spot and margin trading services, being one of the best known exchanges in the market in the offer of futures and contracts of this type. With low commissions and a modern and functional platform it meets the requirements of the most demanding traders.
This is one of the newest candidates in the market, having been created recently, in 2019. Normally I would not put such a recent candidate but in this case it seems that the exchange is creating good feelings in the market with its very good offer of crypto products.
What makes FTX different?
Well, it offers possibly the lowest trading commissions in the market. This, of course, is compensated by the fact that it is not regulated in Europe, nor does it have a very extensive history in the market. However, there are already hundreds of thousands of users who have come to this exchange in search of the best possible trading experience.