Nowadays the internet is full of news about bad experiences in trading and investing in cryptocurrencies, how people are scammed, and lose their money. We hear this news all the time.
Nowadays is the best time to start investing in cryptocurrency. It’s true that today trading and investing in cryptocurrency are safer than ever.
Safety and privacy come first for every person involved in crypto trading. The following exchangers meet these criteria.
Binance
It is a cryptocurrency exchange that focuses on more than 100 altcoins.
Binance is the best cryptocurrency exchange in the world according to its trading volume.
Trading commissions (fees) start at 0.10% per transaction. It ranges from 0.02% depending on the volume of transactions. For comparison — other exchanges’ commission starts at 0.15%. In addition, the commission depends on the volume of BNB tokens — the more you have, the lower the commission will be.
Coinbase
It is one of the most popular cryptocurrency exchanges in the world. Coinbase has an extremely simple user interface which is important for newbies in crypto trading.
Its fees are between $0.99 and $2.99 due to the dollar value of the purchase.
The great feature of Coinbase is that it offers insured custodial wallets for investors and traders to store their investments.
Bitpanda
Bitpanda is one of the most trustworthy cryptocurrency platforms with a good reputation. It is a highly rated secure cryptocurrency exchange which is intended for worldwide users. It allows them to buy and sell a range of cryptocurrencies for fiat currency. Bitpanda supports Euros, Dollars, Pounds Sterling, and Swiss Francs. The platform is easy to use, which is not unimportant, and offers a list of deposit and withdrawal options.
The transaction fee for cryptocurrency trading is 1.49% and the fees are included in the price of the asset. A maximum producer commission is 0.1% and a taker fee of 0.15%.
Fiat deposits differ depending on which payment method you choose. But SEPA deposits are free with a couple of days delay. As for Mastercard / VISA deposits, they are instant with a 1.50% commission.
Final Thoughts
Take a closer look at the features and options offered by individual exchanges, and compare the pros and cons of each option. It will help you to select the exchange that suits your investment philosophy.