When you want to buy cryptocurrency, the best idea would be to register on one of the largest cryptocurrency exchanges. The best option is to pick a centralized type (CEX) of exchange because such platforms give many privileges to their users. Let’s talk about them.
Big Crypto Exchanges And Their Advantages
Here is the list of the biggest crypto exchanges:
- Binance
- FTX
- Coinbase
- Kraken
- Kucoin
- Nitfinex
- Huobi Global
- WhiteBIT
These platforms belong to a centralized type. They all have significant daily trade volume, which means thousands of users make transactions on them every day. It supports platforms’ liquidity and credibility. The more clients use an exchange daily – the more we can trust it.
Let’s talk about the advantages of CEX.
Security
CEX are focused on providing the highest level of client safety. They implement complex mechanisms to ensure that users’ funds are in a secure place. To learn more about those mechanisms and layers of user protection, check out the White blog. It is a resource with a lot of helpful information and guides on trading and using crypto platforms.
Convenience
CEX are suitable for beginner and advanced users. Some platforms (Binance) have two options of interface – easy and advanced. Others (WhiteBIT) allow adjusting the interface according to your requirements.
Big Selection of Assets
CEX offers a comprehensive list of traded assets and also pairs with fiat currencies. So you can deposit and withdraw dollars or euros directly from the exchange. Transactions are protected, and your data is in a secure place.
Trading Tools And Education
Crypto exchanges with the biggest trade volume always offer a wide range of tools for trading and even passive income options. Also, there are charts and educational materials explaining how to use this or that trading strategy. So you can trade and learn simultaneously.
Customer support
On all issues, you may address to a customer support chat where you will receive help and guides.
The biggest crypto exchanges always have quality support chat and proceed with clients’ applications fast, for they care about getting credit and having more registered and trusting users.
