Consider Long-Term Investing With These Crypto Exchanges
Every person seems to be interested in trading cryptocurrency these days. To build wealth by investing in crypto, you need to find a top crypto exchange to buy and sell cryptocurrencies like Dogecoin and Bitcoin. Now you must be wondering where you should head first. We're writing this blog to help you find the best crypto exchanges. If you give it a read, you'll be able to shortlist an exchange!
This article suggests the top crypto exchanges if you're planning long-term investing. Dealing with cryptocurrency gets much easier if you opt for one of the below-mentioned crypto exchanges.
The fairly new Prime XBT crypto exchange has achieved significant growth since it was launched back in 2018, with traders from a total of 150 different countries forming it as a go-to place for new investors. It comes up with the concept of several trading pairs offering low transaction charges. Prime XBT emphasizes on providing its traders with the basic tools required for routine trading activities such as buying and selling Bitcoin.
Coinbase is often considered the best cryptocurrency exchange. In the United States, it is a well-known crypto exchange, and it is also well-utilized. The reason behind Coinbase's success is that it's easy to use. For traders who particularly want to deal in Bitcoin, Coinbase is perfect.
Coinbase was introduced in 2012 in San Francisco. Coinbase's fee is 4% for all transactions. The platform is an entirely certified crypto exchange. It has been given licenses to operate in over 40 US states.
When we talk about Binance, we're talking about the largest crypto exchange in the world. It is considered a top choice if you're trading altcoins. Binance deals with a massive 1,400,000 transactions every second at an average of 2 billion daily.
Changpeng Zhao and Yi He introduced Binance, considered one of the finest exchanges today, in China in 2017. Because of the strict cryptocurrency laws in China, it shifted to Japan later.
BlockFi is rapidly becoming the go-to option for investors. It allows users to earn up to 8.6% interest. It also comes up with a sell, buy, and borrow crypto feature. The best part is, BlockFi does not have any hidden charges.
Reason to choose BlockFi? The answer is its excellent interest-earning feature which allows you to earn more.
Etoro is right up there with the top crypto exchanges for long-term investing. It is best for beginners who want to trade cryptocurrencies, such as Bitcoin, Litecoin, etc.
Being one of the world's biggest exchanges, it has over 18 million global investors, and over 20 million transactions have been carried on the platform. Etoro is available in almost 140 nations and is famous for its extraordinary secured systems.
Is your confusion clear now? We hope that the blog helped you learn more about the best crypto exchanges for long-term investing.