There are many cryptocurrency exchanges in the market and sometimes it is difficult to pick one that would fit all the user’s needs.
Before starting to work, users should learn the information about the exchange and go through the following aspects:
- the exchange’s safety and credibility;
- the number of crypto pairs available;
- conditions to deposit and withdraw money;
- the opportunity to buy digital assets with fiat currencies.
There are two types of crypto platforms - centralized and decentralized. Experienced traders and investors usually have accounts registered on both types of platforms. For beginners, it is recommended to start with one of the credible centralized services. The fact is that they provide a high level of security for their clients and propose a wide array of investment tools and trading instruments, as well as a huge selection of crypto pairs.
There is a cryptocurrency exchange ranking:
- Binance ($16,086 billion)
- Coinbase ($2,192 billion)
- FTX ($1,591 billion)
- Kraken ($678 million)
- Kucoin ($2,240 billion)
- Huobi Global ($1,989 billion)
- WhiteBIT ($686 million)
The numbers in this cryptocurrency exchange rank indicates trading volume.
WhiteBIT Crypto Platform
The company operates under European jurisdiction and has over 2 million clients worldwide. Even though its daily trading volume is lower than that of other popular exchanges, it demonstrates good results, which is obvious from users' reviews.
WhiteBIT exchange offers over 400 pairs with digital coins and fiat currencies. Using the application and bank cards, clients can buy crypto with fiat. The platform charges average fees of 0,1% and no hidden commissions.
The company cares about users’ investments’ security and keeps 96% of them offline, not allowing any hacker to reach them. Also, the exchange has an insurance fund replenished from clients’ fees and is now estimated at $30 million. The service complies with AML and KYC standards.
The WhiteBIT platform offers smart staking, margin trading, leverage, trading bots, p2p, and many other earning opportunities and tools.