If you are new to the crypto space and want to find the best crypto trading platform then you need to know your options first. There is a wide range of cryptocurrency exchanges that also support crypto trading. Since trading is serious and high-risk venture, it is crucial that you choose an exchange that matches your trading requirements and more. Not giving enough time to look for a suitable exchange to trade crypto can cause you to choose the one that complicates the overall experience instead of making it hassle-free.
Therefore, if you are new to the crypto space and want to find the best Bitcoin trading platform then you need to know about the popular options as mentioned below.
Knowing about the features these exchanges have to offer can help you determine which of the following is the best and most suitable for you.
Best Crypto Trading Platform – Binance Exchange
The world’s largest cryptocurrency exchange is also one of the top ones for trading crypto assets. It not only has a high trading volume but also offers one of the lowest fee structures in the market.
This exchange was launched in 2017 and since then it has grown to become the most prominent one in the market. It is a well-reputed exchange that offers some of the most impressive features to the users.
Here are some of the top features to know about the Binance exchange. If these features match with what you are looking for then this can be the best Bitcoin trading platform for you.
- Margin trading for a few crypto coins
- Offers support to unique features such as staking
- Prioritizes the security of the users
- Has a user-friendly interface
- Has two trading interfaces for beginners and experts, respectively
- Supports several payment methods
If you want to trade crypto then you should also know the trading fees you will be required to pay.
- Trading fee for market makers: 0.02% to 0.1%
- Trading fee for market takers: 0.04% to 0.1%
The trading fee can be reduced if the users have a VIP level account or if they pay the fees through BNB tokens.
Bybit Exchange
The Bybit exchange is yet another well-known and well-reputed exchange. It is the best crypto trading platform for a large audience around the world. Since its establishment in 2018, Bybit has seen significant growth and prominence.
It is also known for catering the needs of a large audience by making use of high-end features and services.
Some of the most outstanding features of the Bybit exchange are mentioned here.
- Impressive customer support available 24/7
- User-friendly interface
- No system overloads
- KYC (know your customer) process
- Leading-edge security features
- Custom-built mobile application
- Several data analysis tools available
- Support to basic and advanced order types
Bybit can be the best Bitcoin trading platform also because of its fair and transparent fee structure, details of which are mentioned below.
- Trading fee for market makers: -0.025%
- Trading fee for market takers: 0.075%
- Withdrawal fee: 0.0005 BTC
Phemex Exchange
In the list of best crypto trading platforms, one of the topmost options you need to consider is the Phemex exchange.
This is a technologically advanced Bitcoin derivatives exchange in the market. It makes use of state-of-the-art technologies to offer some of the most remarkable features to the users. With time, Phemex has received immense support from all around the globe and has seen substantial growth as well.
It also stands out among its competitors and can possibly be the best Bitcoin trading platform for you based on the features mentioned below.
- It allows creation of sub-accounts
- It is a community-focused exchange
- Has a user-friendly interface
- Supports trading of various advanced order types
- Offers up to 100x leverage for trading
- Supports a wide variety of digital assets
- Takes the security of user funds and accounts seriously
If you aim to use this exchange then you should also know the trading fee you will have to pay.
- Trading fee for market makers: -0.025%
- Trading fee for market takers: 0.075%
PrimeXBT
One of the best crypto trading platforms for beginners and experts alike is PrimeXBT. This platform is a crypto-to-crypto trading platform that was established in 2018. It is one of the fastest growing crypto platforms in the market.
Some of the high-end features offered by the PrimeXBT exchange are as follows:
- 100x leverage for trading
- User-friendly and powerful interface
- Ultra-fast execution at all times
- Multitude of asset classes available to choose from
- PrimeXBT Covesting feature for novice crypto traders
The fee charged by the exchange is one of the lowest and here are the details.
- Flat trading fee: 0.05%
- Withdrawal fee: 0.0005 BTC
Conclusion!
As a new crypto trader finding the best crypto trading can be hassle-free and convenient if you are familiar with some popular options. This is why, before you dive into crypto trading make sure you know about the platforms mentioned above.